Seller's Agent in 2022
Jane Slone
CONWAY REALTY CORP
(407) 540-8888
58 Total Sales
5431 Old Cheney Hwy Unit 5427 & 5431 Orlando, FL 32807
Estimated Value: $292,000 - $410,000
0.29
Acre
$1,214,431
Price per Acre
12,632
Sq Ft Lot
Highlights
- Corner Lot
- No HOA
- Heating Available
- Baldwin Park Elementary Rated A-
About This Lot
As of January 2022DOUBLE LOT - TWO BUILDINGS CURRENTLY BEING LEASED FOR RESIDENTIAL MONTH TO MONTH w/$34,000 annual income.
Use as current R-2 for rental income....OR BUILD NEW !!! INVESTOR'S OPPORTUNITY - Currently THREE UNITS (2 buildings) on a DOUBLE LOT - Super income of over $34,000 a year with potential to grow!!! These TWO BUILDINGS sit on a DOUBLE LOT - 5427 Old Cheney & 5431 Old Cheney (Tax recorded has property as 5431 Old Cheney address for both buildings). BUILDING ON LEFT is 5427 and is a 1BE/1BA home / Tenant is renting MONTH TO MONTH at $270 a week - Tile flooring - older kitchen and bath - with Central AC. BUILDING ON RIGHT has 2BE/1BA plus an EFFICIENCY apartment. - all with separate entryways: The 1BE/1BA getting $800 a month for rent; and the EFFICIENCY UNIT receiving $200 a week rent - month to month. All units have older kitchens & baths and tile or wood flooring with CENTRAL AC. Both buildings are BLOCK Construction. There is a Shed in backyard and storage closet with potential to add washer and dryer on premises. Septic and drainfield are in backyard and were drained certified 1 year ago. Yard is Fenced all around. Room for cosmetic improvements if you desire more rental income. Tenants wish to stay or can vacate with 60 day notice....month to month. Room sizes and square footage are deemed to be correct but must to be verified by buyer. Many opportunities and options. DO NOT DISTURB TENANTS. Call for appointment.
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,999
Lot Details
- 0.29 Acre Lot
- Lot Dimensions are 100x125
- Chain Link Fence
- Corner Lot
- 2 Lots in the community
- Additional Parcels
- Property is zoned R-2
Utilities
- Septic Tank
Community Details
- No Home Owners Association
- Ponce De Leon Subdivision
Listing and Financial Details
- Legal Lot and Block 1 / L
- Assessor Parcel Number 21-22-30-7204-12-010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 13, 2021
Closed on
Dec 20, 2021
Sold by
Anderson Ricky J
Bought by
Moore Alvin
Seller's Agent
Jane Slone
CONWAY REALTY CORP
Buyer's Agent
Alvin Moore
MOREHOUSE REALTY INC
List Price
$365,000
Sold Price
$348,500
Premium/Discount to List
-$16,500
-4.52%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,685
Avg. Annual Appreciation
0.28%
Original Mortgage
$249,000
Outstanding Balance
$229,045
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$123,140
Purchase Details
Closed on
Oct 30, 2020
Sold by
Tru Rei Llc
Bought by
Anderson Ricky J
Purchase Details
Closed on
Sep 29, 2020
Sold by
Geo Properties South Llc
Bought by
Tru Rei Llc
Purchase Details
Closed on
Apr 20, 2011
Sold by
Federal National Mortgage Association
Bought by
All Geo Properties South Llc
Purchase Details
Closed on
Jan 13, 2011
Sold by
Flagstar Bank Fsb
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Mar 6, 2007
Sold by
Nieves Roberto
Bought by
Nieves Deborah
Purchase Details
Closed on
Dec 27, 2001
Sold by
Phillip M Collins I
Bought by
Nieves Roberto and Nieves Deborah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
7.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 29, 1996
Sold by
Coryell James M and Coryell Barbara S
Bought by
Collins Phillip M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000
Interest Rate
8.2%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Moore Alvin | $348,500 | Fidelity National Title | |
| Anderson Ricky J | $206,700 | Attorney | |
| Tru Rei Llc | $177,000 | Attorney | |
| All Geo Properties South Llc | $42,500 | Servicelink | |
| Federal National Mortgage Association | -- | Servicelink | |
| Nieves Deborah | -- | None Available | |
| Nieves Roberto | $80,000 | -- | |
| Collins Phillip M | $49,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Moore Alvin | $249,000 | |
| Previous Owner | Collins Phillip M | $76,000 | |
| Previous Owner | Collins Phillip M | $76,000 | |
| Previous Owner | Collins Phillip M | $6,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/06/2022 01/06/22 | Sold | $348,500 | -4.5% | -- |
| 10/17/2021 10/17/21 | Pending | -- | -- | -- |
| 10/13/2021 10/13/21 | For Sale | $365,000 | -- | -- |
Source: Stellar MLS
Tax History Compared to Growth
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 | $5,970 | $386,660 | $145,000 | $241,660 |
| 2024 | $5,363 | $358,310 | $115,000 | $230,140 |
| 2023 | $5,363 | $328,089 | $115,000 | $213,089 |
| 2022 | $4,697 | $269,204 | $90,000 | $179,204 |
| 2021 | $3,188 | $169,978 | $55,000 | $114,978 |
| 2020 | $1,999 | $131,341 | $55,000 | $76,341 |
| 2019 | $2,067 | $137,441 | $65,000 | $72,441 |
| 2018 | $1,824 | $108,323 | $40,000 | $68,323 |
| 2017 | $1,727 | $102,345 | $40,000 | $62,345 |
| 2016 | $1,137 | $58,986 | $35,150 | $23,836 |
| 2015 | $1,022 | $47,295 | $24,700 | $22,595 |
| 2014 | $1,102 | $53,558 | $26,000 | $27,558 |
Source: Public Records
Agents Affiliated with this Home
-
Jane Slone
-
Alvin Moore
Buyer's Agent in 2022
Alvin Moore
MOREHOUSE REALTY INC
(407) 234-4448
22 Total Sales
Map
Source: Stellar MLS
MLS Number: O5979605
APN: 21-2230-7204-12-010
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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