NOT LISTED FOR SALE

5408 Lake Jessamine Dr Orlando, FL 32839

Lake Jasmine Neighborhood

Estimated Value: $325,000 - $419,000

3 Beds
2 Baths
1,829 Sq Ft
$207/Sq Ft Est. Value

Last Sold January 30, 2023

Last sale price $296,000 $162 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,394/month

44 Days on Market

Highlights

  • 50 Feet of Waterfront
  • 0.59 Acre Lot
  • Eat-In Kitchen
  • Lake View
  • No HOA
  • Tile Flooring

About This Home

As of January 2023

INVESTOR ALERT! Great, solid home that backs to water on an oversized lot. It needs a heavy rehab to sell at the top of the market and has more than enough spread to hit a home run. A few of the comps are not even updated rather just well maintained. There are a couple of enclosed areas on tax records that boost the overall square footage. Please inspect the property before sending an offer. No inspection period will be given.
ARV:$535,000!! APPRAISAL REPORT CONFIRMING ARV AVAILABLE UPON REQUEST

Last Agent to Sell the Property

Newton Hieda

SUMMERHILL REALTY GROUP LLC License #3244802 Listed on: 12/02/2022

Last Buyer's Agent

Maritza Rodriguez

KELLER WILLIAMS ADVANTAGE III License #3187224

KELLER WILLIAMS ADVANTAGE III

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $958

Year Built

  • Built in 1958

Lot Details

  • 0.59 Acre Lot
  • 50 Feet of Waterfront
  • Lake Front
  • Northeast Facing Home
  • Property is zoned R-1AA

Home Design

  • Slab Foundation
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,829 Sq Ft Home
  • Tile Flooring
  • Lake Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • North Florida Shores Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$958

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 1829
  • Lot Size Acres: 0.59
  • New Construction: No
  • Year Built: 1958
  • Building Area Total: 2465
  • Lot Size Sq Ft: 25500
  • Directions to Property: From S OBT left onto Woodsmen Ave and right onto Lake Jessamine Dr.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6075968?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6075968?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.99329
  • Price per Sq Ft: 161.84
  • Close to Original List Price Ratio: 0.99329
  • Ratio: Current Price\Building Area Total: 120.08
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Eating Space In Kitchen
  • Appliances Included: Other
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 5408
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northeast
  • Exterior Features: Storage
  • Roof: Other
  • Pool Private: No
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12095C0410F
  • Waterfront Frontage: 50
  • Water Frontage Feet Lake: 50

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available
  • Cooling: Central Air
  • Heating: Central, Wall Units / Window Unit
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: R-1AA
  • Parcel Number: 14-23-29-5944-01-030
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2009-09-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: 7 Months
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 958
  • Tax Block: A
  • Tax Book Number: R-87
  • Tax Lot: 3

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2022
Closed on
Jan 30, 2023
Sold by
Sunflower Home Development Llc
Bought by
Pichardo Miguel A and Pichardo Mercedes
Seller's Agent
Newton Hieda
SUMMERHILL REALTY GROUP LLC
Buyer's Agent
Maritza Rodriguez
KELLER WILLIAMS ADVANTAGE III
List Price
$298,000
Sold Price
$296,000
Premium/Discount to List
-$2,000
-0.67%
Views
68
Current Estimated Value
$378,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,328
Avg. Annual Appreciation
10.10%

Purchase Details

Closed on
Nov 23, 2022
Sold by
Land Trust
Bought by
Sunflower Home Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,500
Interest Rate
6.95%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 11, 2022
Sold by
Brazil Christopher Mark
Bought by
Land Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,500
Interest Rate
6.95%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pichardo Miguel A $296,000 --
Sunflower Home Development Llc $220,000 --
Land Trust $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sunflower Home Development Llc $255,500
Previous Owner Brazil Christopher Mark $172,500
Previous Owner Brazil Christopher Mark $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2023 01/30/23 Sold $296,000 -0.7% $162 / Sq Ft
01/16/2023 01/16/23 Pending -- -- --
01/04/2023 01/04/23 For Sale $298,000 0.0% $163 / Sq Ft
12/07/2022 12/07/22 Pending -- -- --
12/07/2022 12/07/22 For Sale $298,000 0.0% $163 / Sq Ft
12/06/2022 12/06/22 Pending -- -- --
12/02/2022 12/02/22 For Sale $298,000 -- $163 / 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 $4,553 $260,752 $110,000 $150,752
2024 $3,461 $253,562 $110,000 $143,562
2023 $3,461 $196,806 $110,000 $86,806
2022 $4,816 $281,720 $110,000 $171,720
2021 $958 $82,780 $0 $0
2020 $904 $81,637 $0 $0
2019 $910 $79,802 $0 $0
2018 $896 $78,314 $0 $0
2017 $867 $93,579 $28,000 $65,579
2016 $838 $96,791 $28,000 $68,791
2015 $853 $95,232 $28,000 $67,232
2014 $896 $74,760 $28,000 $46,760
Source: Public Records

Agents Affiliated with this Home

  • Newton Hieda

    Seller's Agent in 2023

    Newton Hieda

    SUMMERHILL REALTY GROUP LLC

    (407) 963-8083

    1 in this area

    108 Total Sales

    Newton Hieda
    Section Image

  • M

    Buyer's Agent in 2023

    Maritza Rodriguez

    KELLER WILLIAMS ADVANTAGE III

    (407) 564-6552

    1 in this area

    19 Total Sales

    Maritza Rodriguez
    Section Image
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Map

Source: Stellar MLS

MLS Number: O6075968

Stellar MLS

APN: 14-2329-5944-01-030

Florida Orange County Orlando 32839 Lake Jasmine

5408 Lake Jessamine Dr, Orlando, FL

This home is located at 5408 Lake Jessamine Dr, Orlando, FL 32839 since 02 December 2022 and is currently estimated at $378,328, approximately $206 per square foot. This property was built in 1958. 5408 Lake Jessamine Dr is a home located in Orange County with nearby schools including Pineloch Elementary School, Judson B Walker Middle School, and Oak Ridge High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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