NOT LISTED FOR SALE

614 N Summerlin Ave Orlando, FL 32803

Lake Eola Heights Neighborhood

Estimated Value: $622,000 - $639,000

3 Beds
2 Baths
2,210 Sq Ft
$286/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $535,000 $242 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,178/month

15 Days on Market

Highlights

  • Living Room with Fireplace
  • High Ceiling
  • Walk-In Closet
  • Wood Flooring
  • No HOA
  • Cooling System Mounted To A Wall/Window

About This Home

As of August 2022

Investment Alert! This beautiful duplex situated in the Downtown Orlando neighborhood of Lake Eola Heights is the perfect investment opportunity. This building has many recent updates including: ROOF (2020), REPIPE (2020), Kitchen Renovation Unit A (2020), Bathroom Update Unit A & B (2020), Wood Floor Resurface Unit B (2021), All New A/C Units (2021), New Stackable Washer/Dryer Unit B (2021), New Exterior Paint (2020). This neighborhood is walking Distance to Mills 50 bars and restaurants, Thornton Park shopping district, Downtown Orlando restaurants/bars, Lake Eola Park, and more. It won't last long, don't wait! Book your showing today.

Last Agent to Sell the Property

Ian Larsen

LARSON BROTHERS REALTY License #3453128 Listed on: 07/06/2022

Last Buyer's Agent

Shannon Musgrave

KELLER WILLIAMS ADVANTAGE III License #3252511

KELLER WILLIAMS ADVANTAGE III

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,571

Year Built

  • Built in 1928

Lot Details

  • 8,146 Sq Ft Lot

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Membrane Roofing
  • Stucco

Interior Spaces

  • 2,210 Sq Ft Home
  • High Ceiling
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Crawl Space

Kitchen

  • Convection Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Down Payment Assistance Available
  • Visit Down Payment Resource Website
  • Tenant pays for electricity, sewer, trash collection
  • Legal Lot and Block 8 / E
  • Assessor Parcel Number 25-22-29-7502-05-080

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Robinson Norman Amd Subdivision

Building Details

  • Gross Income $37,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,571

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Stucco, Wood Frame
  • Fireplace: Yes
  • Living Area: 2210
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 1928
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 8146
  • Tenant Pays: Electricity, Sewer, Trash Collection
  • Directions to Property: From I-4 and Colonial Dr. head East on Colonial Dr. Turn South onto Summerlin Ave and the house will be on your right.
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6039495?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6039495?w=Customer
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 242.08
  • Close to Original List Price Ratio: 0.91453
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Vinyl, Hardwood
  • Interior Amenities: High Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Convection Oven, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Crawlspace
  • Total Bedrooms: 3
  • Street Number Modifier: 614
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Membrane, Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • 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
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Electric, 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

Lot Info

  • Zoning: R-2B/T/HP
  • Parcel Number: 25-22-29-7502-05-080
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Total Actual Rent: 3150

Multi Family

  • Gross Income: 37800
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5571
  • Tax Block: E
  • Tax Book Number: F-122
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2022
Closed on
Aug 22, 2022
Sold by
Larson Brothers Holdings Llc
Bought by
Kovachev Peter and Kovachev Leah
Seller's Agent
Ian Larsen
LARSON BROTHERS REALTY
Buyer's Agent
Shannon Musgrave
KELLER WILLIAMS ADVANTAGE III
List Price
$585,000
Sold Price
$535,000
Premium/Discount to List
-$50,000
-8.55%
Views
10
Current Estimated Value
$632,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,558
Avg. Annual Appreciation
5.15%
Original Mortgage
$337,194
Outstanding Balance
$324,055
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$298,523

Purchase Details

Listed on
Oct 21, 2019
Closed on
Jan 17, 2020
Sold by
Larson Ian and Larson Hudson
Bought by
Larson Brothers Holdings Llc
Seller's Agent
Adam Judd
METROPOLIS R.E. SOLUTIONS, LLC
Buyer's Agent
Ian Larsen
LARSON BROTHERS REALTY
List Price
$359,000
Sold Price
$355,000
Premium/Discount to List
-$4,000
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.74%
Original Mortgage
$301,750
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 21, 2019
Closed on
Dec 27, 2019
Sold by
Acomb Glenn A
Bought by
Larson Ian and Larson Hudson
Seller's Agent
Adam Judd
METROPOLIS R.E. SOLUTIONS, LLC
Buyer's Agent
Ian Larsen
LARSON BROTHERS REALTY
List Price
$359,000
Sold Price
$355,000
Premium/Discount to List
-$4,000
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,750
Interest Rate
3.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Kovachev Peter $535,000 Conte Ronald J
Larson Brothers Holdings Llc $301,800 Attorney
Larson Ian $355,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kovachev Peter $337,194
Previous Owner Larson Ian $301,750
Previous Owner Acomb Glenn A $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2022 08/22/22 Sold $535,000 0.0% $242 / Sq Ft
07/22/2022 07/22/22 Pending -- -- --
07/21/2022 07/21/22 Price Changed $535,000 -8.5% $242 / Sq Ft
07/06/2022 07/06/22 For Sale $585,000 +64.8% $265 / Sq Ft
12/27/2019 12/27/19 Sold $355,000 -1.1% $161 / Sq Ft
11/16/2019 11/16/19 Pending -- -- --
11/11/2019 11/11/19 For Sale $359,000 0.0% $162 / Sq Ft
10/25/2019 10/25/19 Pending -- -- --
10/14/2019 10/14/19 For Sale $359,000 -- $162 / 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 $8,789 $514,170 $204,000 $310,170
2024 $8,354 $473,860 $204,000 $269,860
2023 $8,354 $453,974 $204,000 $249,974
2022 $6,119 $339,362 $204,000 $135,362
2021 $5,571 $294,069 $204,000 $90,069
2020 $5,415 $295,739 $204,000 $91,739
2019 $5,304 $297,409 $204,000 $93,409
2018 $4,925 $275,054 $183,150 $91,904
2017 $4,578 $255,382 $165,000 $90,382
2016 $4,425 $253,513 $165,000 $88,513
2015 $4,141 $231,412 $150,000 $81,412
2014 $3,539 $175,458 $116,000 $59,458
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2022

    Ian Larsen

    LARSON BROTHERS REALTY

    (407) 509-3812

    1 in this area

    27 Total Sales

    Ian Larsen
    Section Image
  • Shannon Musgrave

    Buyer's Agent in 2022

    Shannon Musgrave

    KELLER WILLIAMS ADVANTAGE III

    (407) 394-3631

    1 in this area

    82 Total Sales

    Shannon Musgrave
    Section Image
  • Adam Judd

    Seller's Agent in 2019

    Adam Judd

    METROPOLIS R.E. SOLUTIONS, LLC

    (407) 855-5020

    1 in this area

    67 Total Sales

    Adam Judd
    Section Image
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Map

Source: Stellar MLS

MLS Number: O6039495

Stellar MLS

APN: 25-2229-7502-05-080

Florida Orange County Orlando 32803 Lake Eola Heights

614 N Summerlin Ave, Orlando, FL

This home is located at 614 N Summerlin Ave, Orlando, FL 32803 since 06 July 2022 and is currently estimated at $632,558, approximately $286 per square foot. This property was built in 1928. 614 N Summerlin Ave is a home located in Orange County with nearby schools including Lake Como School, Edgewater High School, and Lake Eola Charter 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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