NOT LISTED FOR SALE

5502 Bay Lagoon Cir Unit 3 Orlando, FL 32819

Universal Neighborhood

Estimated Value: $514,000 - $557,000

4 Beds
2 Baths
1,999 Sq Ft
$265/Sq Ft Est. Value

Last Sold March 05, 2020

Last sale price $325,000 $163 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,375/month

2 Days on Market

Highlights

  • In Ground Pool
  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Dr. Phillips High School Rated A-
  • 2 Car Attached Garage
  • Security System Owned

About This Home

As of March 2020

This Orlando one-story home offers an in-ground pool, vaulted ceilings, a fireplace, a kitchen pantry, a breakfast bar, a master bath separate tub and shower with dual sinks, a master bedroom walk-in closet, an open patio, and a two-car garage. Updates include new carpet in select rooms and fresh interior and exterior paint.

Last Agent to Sell the Property

ALLISON JOHNSTON

MAINSTAY BROKERAGE LLC License #3413175 Listed on: 01/31/2020

MAINSTAY BROKERAGE LLC

Last Buyer's Agent

Wael Georgey

PROPERTIES IN TOWN License #3320572

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,449

Year Built

  • Built in 1984

Lot Details

  • 0.25 Acre Lot
  • East Facing Home
  • Property is zoned R-1AA

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • 1,999 Sq Ft Home
  • Slab Foundation
  • Stucco

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Pool

  • In Ground Pool

Utilities

  • Central Air
  • Heating Available

Community Details

  • Bay Springs HOA, Phone Number (407) 351-3353
  • Shadow Bay Spgs Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,449

Year Built

Built in 1984

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • HOA Fee Includes: Other
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco
  • Fireplace: Yes
  • Living Area: 1999
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1984
  • Lot Size Sq Ft: 11052
  • Directions to Property: Head northwest on Turkey Lake Rd toward Lake Marsha Dr, Turn left onto Lake Marsha Dr, Turn right onto Spring Run Ave, Turn right onto Bay Lagoon Cir, 5502 Bay Lagoon Cir.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5837712?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5837712?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Call Center Phone Number: 407-988-2951
  • Ratio: Close Price\List Price: 0.95588
  • Price per Sq Ft: 162.58
  • Close to Original List Price Ratio: 0.95588
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Eating Space In Kitchen, Master Bedroom Main Floor, Other
  • Appliances Included: Dishwasher
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Street Number Modifier: 5502
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Pool Features: In Ground
  • Exterior Features: Other
  • Roof: Other
  • Pool Private: Yes
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12095C0405F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No

Utilities

  • Utilities: Electricity Available
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Association Name: Bay Springs HOA
  • Phone: 407-351-3353
  • Association: Yes
  • Security: Security System Owned
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 150
  • Monthly HOA Fee: 12.5
  • Total Monthly Fees: 12.5

Lot Info

  • Zoning: R-1AA
  • Parcel Number: 14-23-28-7950-01-530
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Approval Process: Buyer to verify.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Buyer to verify.

Tax Info

  • Tax Annual Amount: 2449
  • Tax Block: 1
  • Tax Book Number: Book#13-Page#83
  • Tax Lot: 153

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2020
Closed on
Mar 5, 2020
Sold by
Opendoor Property Trust I
Bought by
Gordyk Laurent and Trivino Glenda
Seller's Agent
ALLISON JOHNSTON
MAINSTAY BROKERAGE LLC
Buyer's Agent
Wael Georgey
PROPERTIES IN TOWN
List Price
$340,000
Sold Price
$325,000
Premium/Discount to List
-$15,000
-4.41%
Current Estimated Value
$529,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,937
Avg. Annual Appreciation
9.06%
Original Mortgage
$308,750
Outstanding Balance
$273,958
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$255,979

Purchase Details

Listed on
Jan 31, 2020
Closed on
Jan 14, 2020
Sold by
Gaylor Kathleen A
Bought by
Opendoor Property Trust
Seller's Agent
ALLISON JOHNSTON
MAINSTAY BROKERAGE LLC
Buyer's Agent
Wael Georgey
PROPERTIES IN TOWN
List Price
$340,000
Sold Price
$325,000
Premium/Discount to List
-$15,000
-4.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,750
Outstanding Balance
$273,958
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$255,979

Purchase Details

Closed on
Feb 28, 2006
Sold by
Gaylor Kathleen A
Bought by
Jacobs Jan and Gaylor Kathleen A

Purchase Details

Closed on
May 31, 1994
Sold by
Ludington Mark E and Ludington L
Bought by
Gaylor Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,700
Interest Rate
8.46%
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
Gordyk Laurent $325,000 Opendoor Title Llc
Opendoor Property Trust $340,400 Simplifile Lc
Jacobs Jan $40,800 Attorney
Gaylor Kathleen A $139,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gordyk Laurent $308,750
Previous Owner Gaylor Kathleen A $79,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2020 03/05/20 Sold $325,000 -4.4% $163 / Sq Ft
02/02/2020 02/02/20 Pending -- -- --
01/31/2020 01/31/20 For Sale $340,000 -- $170 / 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 $6,726 $424,970 $130,000 $294,970
2024 $5,909 $411,220 $130,000 $281,220
2023 $5,909 $372,878 $110,000 $262,878
2022 $5,348 $333,844 $110,000 $223,844
2021 $4,800 $276,627 $95,000 $181,627
2020 $2,427 $171,604 $0 $0
2019 $2,480 $167,746 $0 $0
2018 $2,449 $164,618 $0 $0
2017 $2,410 $247,154 $70,000 $177,154
2016 $2,374 $244,589 $72,000 $172,589
2015 $2,418 $214,185 $72,000 $142,185
2014 $2,462 $199,728 $72,000 $127,728
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5837712

Stellar MLS

APN: 14-2328-7950-01-530