NOT LISTED FOR SALE

Estimated Value: $586,000 - $686,000

4 Beds
2 Baths
1,880 Sq Ft
$349/Sq Ft Est. Value

Last Sold March 22, 2019

Last sale price $410,000 $218 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,300/month

59 Days on Market

Highlights

  • The property is located in a historic district
  • City View
  • End Unit
  • Blankner School Rated A-
  • Wood Flooring
  • 3-minute walk to Lake Davis Park

About This Home

As of March 2019

Please Click on Video link!!! Great opportunity to own this amazing duplex in a prime location situated in the Lake David, Cherokee district. This very popular established historic neighborhood is on a classic Downtown brick street. A short distance to Lake Eola and all the fine restaurants, entertainment and shops, with many parks and lakes nearby. Live in one side and collect the rent in the other or rent both sides for steady cash flow. (Palmer side currently rented for $1395 under fair market and Summerlin side rented for $1600). Whether this is a partial or full investment property for you, all the work has been done for you. New kitchen with granite counter tops and stainless appliances with washer and dryer in both units. Freshly painted with all new luxury vinyl plank flooring that is great for durability. Newly renovated bath with pedestal sink, decent size bedrooms with larger than normal closets. Summerlin side has a fenced in back yard and circular drive with wood floors in bedrooms. The large living room and bonus room with wood ceiling gives plenty of space to entertain. Palmer side has tile in all main areas and a large living area with nice light and bright kitchen. Minutes from Downtown, Lake Eola, Thornton park and located in the Blanker Boone A-rated school district. This duplex is a must see for anyone who wants an income producing property in Downtown.

Last Agent to Sell the Property

Bobby Christiano

COLDWELL BANKER RESIDENTIAL RE License #3157421 Listed on: 12/20/2018

COLDWELL BANKER RESIDENTIAL RE

Last Buyer's Agent

Tal Busidan

TAL BUSIDAN PA License #3191040

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,603

Year Built

  • Built in 1954

Lot Details

  • 7,213 Sq Ft Lot
  • End Unit
  • Fenced
  • Corner Lot
  • Street paved with bricks

Parking

  • Circular Driveway

Home Design

  • Duplex
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,880 Sq Ft Home
  • Ceiling Fan
  • Family Room
  • Inside Utility
  • City Views

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Location

  • The property is located in a historic district
  • City Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Bourne Hills Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,603

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1880
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 1954
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 7213
  • Directions to Property: From I4 get off at Anderson follow around and make right on Summerlin property on right
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5752828&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5752828&cview=true&show_results=true&customer_portal=true
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Property Description: Corner Unit
  • Ratio: Close Price\List Price: 0.96584
  • Price per Sq Ft: 218.09
  • Close to Original List Price Ratio: 0.91131
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Vinyl, Hardwood
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Levels: One
  • Street Number Modifier: 600
  • Additional Rooms: Family Room, Inside Utility
  • Number Of Buildings: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Fenced, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • View: City
  • Waterfront: No
  • Road Surface Type: Street Brick
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12095C0265F
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Circular Driveway
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Deposits Y N: No
  • Amenities Additional Fees: NA
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: R-2A/T/HP/
  • Parcel Number: 36-22-29-0840-01-010
  • Additional Parcels: No
  • Lot Features: Corner Lot, Historic District, City Lot, Sidewalk
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Total Actual Rent: 2995
  • Minimum Lease: 7 Months
  • Approval Process: NA
  • Lease Restrictions Y N: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4603
  • Tax Block: A
  • Tax Book Number: G-132
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2018
Closed on
Mar 22, 2019
Sold by
Mann Ruby
Bought by
Busidan Tal
Seller's Agent
Bobby Christiano
COLDWELL BANKER RESIDENTIAL RE
Buyer's Agent
Tal Busidan
TAL BUSIDAN PA
List Price
$449,900
Sold Price
$410,000
Premium/Discount to List
-$39,900
-8.87%
Current Estimated Value
$656,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,212
Avg. Annual Appreciation
7.84%
Original Mortgage
$307,500
Outstanding Balance
$272,539
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$393,152
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
Busidan Tal $410,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Busidan Tal $307,500
Previous Owner Mann M Ruby $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2019 03/22/19 Sold $410,000 -3.4% $218 / Sq Ft
02/17/2019 02/17/19 Pending -- -- --
02/07/2019 02/07/19 Price Changed $424,500 -1.0% $226 / Sq Ft
01/22/2019 01/22/19 Price Changed $429,000 -4.6% $228 / Sq Ft
12/20/2018 12/20/18 For Sale $449,900 -- $239 / 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 $8,688 $510,132 -- --
2024 $7,909 $479,680 $225,000 $254,680
2023 $7,909 $445,724 $210,000 $235,724
2022 $7,246 $408,180 $210,000 $198,180
2021 $6,557 $348,426 $190,000 $158,426
2020 $5,912 $324,518 $180,000 $144,518
2019 $4,994 $258,038 $180,000 $78,038
2018 $4,646 $236,978 $160,000 $76,978
2017 $4,603 $235,889 $160,000 $75,889
2016 $4,274 $214,502 $140,000 $74,502
2015 $4,017 $199,527 $140,000 $59,527
2014 $3,642 $172,938 $130,000 $42,938
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5752828

Stellar MLS

APN: 36-2229-0840-01-010