NOT LISTED FOR SALE

540 S Osceola Ave Unit 36 Orlando, FL 32801

Lake Cherokee Neighborhood

Estimated Value: $463,000 - $577,000

2 Beds
2 Baths
1,557 Sq Ft
$502/mo HOA Fee

Last Sold June 02, 2023

Last sale price $515,000 $331 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,468/month

9 Days on Market

Highlights

  • The property is located in a historic district
  • Open Floorplan
  • Cathedral Ceiling
  • Blankner School Rated A-
  • Fireplace in Primary Bedroom
  • 2-minute walk to Lake Cherokee Park

About This Home

As of June 2023

Welcome to your new luxurious condo located in the highly sought-after Cherokee Place, this gorgeous 20-unit condo is situated right next to the stunning Lake Cherokee, one of downtown Orlando's most desirable neighborhoods
From the moment you step inside, you'll be blown away by the impeccable details and quality finishes. The new luxury vinyl floors throughout the home are both scratch and water-resistant, ensuring a beautiful look that lasts. The condo features quartz and granite countertops, spa-like bathrooms, and stainless steel appliances that make cooking a breeze. Plus, there's a large pantry and 42" cabinets, providing ample space for all your cooking essentials.
Stay cozy during those chilly nights with not one but two wood fireplaces. The condo also boasts a new AC unit installed in February 2023, so you can stay cool and comfortable all year round.
This condo is one of only three end units, providing you with extensive privacy. The backyard is truly fantastic, complete with a tranquil water fountain. You can relax and enjoy the view from your oversized, charming, and peaceful screened porch.
This is one of the finest condominiums in the Lake Cherokee historic district, with a private walkway to the neighborhood pool area. You'll love the convenient location, with shops and restaurants in the downtown business district, Thornton Park, and Dr. Phillips Performing Arts Center just a stone's throw away. Additionally, it's in close proximity to three major Orlando health hospitals, Delaney Park, Lake Cherokee, Lake Eola, and Lake Davis.
Commuting is a breeze, with easy access to both I-4 and the 408 expressway. Plus, you'll be pleased to know that this condo is only a mile from elite private and public schools, including Lake Highland Preparatory School, Boone, and Blankner K-8.
Don't miss out on this amazing opportunity to live in luxury in the heart of Lake Cherokee. Schedule your viewing today and experience the ultimate downtown Orlando living!

Last Agent to Sell the Property

Brian Beaton

CENTURY 21 CARIOTI License #3298996 Listed on: 04/17/2023

CENTURY 21 CARIOTI

Last Buyer's Agent

Nicole Howell

FANNIE HILLMAN & ASSOCIATES License #3110874

FANNIE HILLMAN & ASSOCIATES

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,749

Year Built

  • Built in 1982

Lot Details

  • End Unit
  • South Facing Home
  • Irrigation
  • Street paved with bricks

HOA Fees

  • $502 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Carport Space

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,557 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • French Doors
  • Family Room with Fireplace
  • Living Room
  • Den
  • Smart Home

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters
  • Private Mailbox

Location

  • The property is located in a historic district

Schools

  • Blankner Elementary School
  • Blankner Middle School
  • Boone High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, escrow reserves fund, maintenance structure, ground maintenance, management, pest control
  • Cherokee Place Condo Association
  • Cherokee Place Condo Ph 01 Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Pool
  • Park

Pet Policy

  • Pets up to 100 lbs

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,749

Year Built

Built in 1982

Lot Details

0

HOA Fees

$502 per month

Parking

1

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Pool
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block, Brick, Wood Frame
  • Fireplace: Yes
  • Living Area: 1557
  • Lot Size Acres: 0.21
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 1557
  • Lot Size Sq Ft: 9306
  • Directions to Property: From i4 West take exit 83 to Anderson Street. Then make a left onto E Anderson Street, and a right onto S Osceola Ave. Property is on the right.
  • Status: Sold
  • Street Direction: S
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 1049934
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 330.76
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Monthly
  • Planned Unit Development Yn: 0
  • Property Description: End Unit
  • AG Exemption YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room, Masonry, Master Bedroom, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Tile, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Crown Molding, Eat-in Kitchen, Open Floorplan, Smart Home, Solid Wood Cabinets, Stone Counters
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 540
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 144.65
  • Room Count: 4

Exterior Features

  • Direction Faces: South
  • Exterior Features: French Doors, Irrigation System, Lighting, Private Mailbox, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio, Screened
  • Road Surface Type: Brick, Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Park, Pool, Sidewalks
  • Association Name: CHEROKEE PLACE CONDO
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Buyer to verify with HOA
  • Association Fee Requirement: None
  • Building Name Number: 540
  • Condo Fees: 502
  • Condo Land Included YN: 0
  • Max Pet Weight: 100
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 502
  • Pet Size: Extra Large (101+ Lbs.)

Fee Information

  • Total Annual Fees: 6024.00
  • Total Monthly Fees: 502.00

Schools

  • Elementary School: Blankner Elem
  • High School: Boone High
  • Middle Or Junior School: Blankner School (K-8)

Lot Info

  • Zoning: R-2A/T/HP/AN
  • Parcel Number: 36-22-29-1293-03-036
  • Additional Parcels: No
  • Lot Features: Historic District, City Limits, Street Brick, Paved
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 865
  • Zoning Compatible YN: 1

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Per HOA

Tax Info

  • Tax Annual Amount: 4749.2
  • Tax Block: 3
  • Tax Book Number: 7-101
  • Tax Lot: 36

Multi Family

  • Approval Process: Board approval (including interview) required. Limited number of units may be rented at the same time. Buyer to verify with HOA any additional restrict

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2023
Closed on
Jun 2, 2023
Sold by
Chavez Juan Le
Bought by
Tai Rosemarie Chen Wen
Seller's Agent
Brian Beaton
CENTURY 21 CARIOTI
Buyer's Agent
Nicole Howell
FANNIE HILLMAN & ASSOCIATES
List Price
$530,000
Sold Price
$515,000
Premium/Discount to List
-$15,000
-2.83%
Views
113
Current Estimated Value
$501,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,099
Avg. Annual Appreciation
-1.09%
Original Mortgage
$230,000
Outstanding Balance
$223,895
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$278,006

Purchase Details

Listed on
May 31, 2022
Closed on
Aug 12, 2022
Sold by
Harwell Jonathan H and Harwell Julie C
Bought by
Chavez Juan and Hernandez Jacqueline
Seller's Agent
Linda Hutchinson
CHARLES RUTENBERG REALTY ORLANDO
Buyer's Agent
Brian Beaton
CENTURY 21 CARIOTI
List Price
$505,000
Sold Price
$434,000
Premium/Discount to List
-$71,000
-14.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.52%
Original Mortgage
$412,300
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 29, 2018
Closed on
Oct 5, 2018
Sold by
Doyle Patricia M
Bought by
Harwell Jonathan H and Harwell Julie C
Seller's Agent
Judith Meese
Buyer's Agent
Linda Hutchinson
CHARLES RUTENBERG REALTY ORLANDO
List Price
$364,500
Sold Price
$364,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%
Original Mortgage
$164,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2014
Sold by
Watch Libby S and Watch Lynn Klein
Bought by
Doyle Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
4.15%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 1, 1995
Sold by
Fox Helen
Bought by
Watch Lynn Klein

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.35%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tai Rosemarie Chen Wen $515,000 Southeast Professional Title
Chavez Juan $434,000 First American Title
Harwell Jonathan H $364,500 Aloma Title Company
Doyle Patricia M $230,000 Attorney
Watch Lynn Klein $123,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tai Rosemarie Chen Wen $230,000
Previous Owner Chavez Juan $412,300
Previous Owner Harwell Jonathan H $164,500
Previous Owner Doyle Patricia M $115,000
Previous Owner Watch Lynn Klein $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/02/2023 06/02/23 Sold $515,000 -2.8% $331 / Sq Ft
04/26/2023 04/26/23 Pending -- -- --
04/26/2023 04/26/23 For Sale $530,000 0.0% $340 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $530,000 +22.1% $340 / Sq Ft
08/12/2022 08/12/22 Sold $434,000 0.0% $279 / Sq Ft View Prior Sale
07/30/2022 07/30/22 Price Changed $434,000 +1.2% $279 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
07/27/2022 07/27/22 Price Changed $429,000 -14.0% $276 / Sq Ft
06/11/2022 06/11/22 Price Changed $499,000 -1.2% $320 / Sq Ft
05/31/2022 05/31/22 For Sale $505,000 +38.5% $324 / Sq Ft
10/05/2018 10/05/18 Sold $364,500 0.0% $234 / Sq Ft View Prior Sale
09/01/2018 09/01/18 Pending -- -- --
08/24/2018 08/24/18 For Sale $364,500 0.0% $234 / Sq Ft
06/06/2018 06/06/18 Pending -- -- --
05/25/2018 05/25/18 Price Changed $364,500 -4.1% $234 / Sq Ft
03/29/2018 03/29/18 For Sale $379,900 -- $244 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,761 $246,917 -- --
2024 $5,844 $246,917 -- --
2023 $5,844 $358,100 $71,620 $286,480
2022 $4,749 $296,640 $0 $0
2021 $4,670 $288,000 $57,600 $230,400
2020 $4,710 $298,900 $59,780 $239,120
2019 $4,978 $298,900 $59,780 $239,120
2018 $3,267 $205,958 $0 $0
2017 $3,219 $256,900 $51,380 $205,520
2016 $3,200 $210,200 $42,040 $168,160
2015 $3,245 $196,200 $39,240 $156,960
2014 $4,277 $195,700 $39,140 $156,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6104489

Stellar MLS

APN: 36-2229-1293-03-036