NOT LISTED FOR SALE

616 Olympic Dr Unit A Ocoee, FL 34761

Estimated Value: $188,000 - $248,003

2 Beds
2 Baths
1,234 Sq Ft
$186/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $141,000 $114 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,694/month

6 Days on Market

Highlights

  • Community Boat Slip
  • Boat Ramp
  • Deck
  • Access To Lake
  • View of Trees or Woods
  • Community Pool

About This Home

As of March 2019

A HOME AMONGST TREES - This 2 bedroom / 2 bathroom townhome will remind you of being in a tree house, with the large "L" shaped deck on the 2nd floor (Uncovered) facing the trees / woods. A very earthy home on the inside with a surprise of new modern kitchen updated with new stainless steel appliances, decorative glass backsplash, complete bathroom renovations. A quiet lakefront community, unique with a shore / beach area & boat ramp next to the community pool on Lake Olympia. The master and living area have large sliding glass doors with privacy from the forest. Enter through the large courtyard, great for BBQ's, with an enclosed storage area. You're immediately drawn to the brick fireplace nestled in the corner of the living room. This beautiful unit has been recently new lighting and fan fixtures and has been entirely re-plumbed. Wood laminate and tile flooring throughout living and wet areas and brand new carpet in the Master bedroom. Both bedrooms are on the second floor and have their own balcony. Centrally located to all major HWYS, 408 & The Florida Turnpike for an easy commute and just minutes from all major shopping.

Last Agent to Sell the Property

Mohamed Khan

KELLER WILLIAMS ADVANTAGE III License #3319469 Listed on: 02/06/2019

KELLER WILLIAMS ADVANTAGE III

Last Buyer's Agent

Michael Wood

UNITED REAL ESTATE PREFERRED License #3270488

UNITED REAL ESTATE PREFERRED

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,077

Year Built

  • Built in 1983

Lot Details

  • 1,086 Sq Ft Lot
  • Lot Dimensions are 36x34x30x32
  • North Facing Home
  • Irrigation
  • Landscaped with Trees

HOA Fees

  • $261 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,234 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Sliding Doors
  • Family Room
  • Inside Utility
  • Views of Woods

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Access To Lake
  • Boat Ramp
  • Balcony
  • Deck
  • Covered patio or porch
  • Shed

Location

  • City Lot

Schools

  • Ocoee Elementary School
  • Ocoee Middle School
  • Ocoee High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, maintenance structure, ground maintenance, recreational facilities
  • Susie Association, Phone Number (407) 656-1081
  • Visit Association Website
  • Lake Olympic Twnhs Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Boat Slip
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,077

Year Built

Built in 1983

Lot Details

0

HOA Fees

$261 per month

Listing Details

  • HOA Fee Includes: Community Pool, Maintenance Structure, Maintenance Grounds, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Other
  • Construction Materials: Brick, Other
  • Fireplace: Yes
  • Living Area: 1234
  • Lot Size Acres: 0.02
  • New Construction: No
  • Year Built: 1983
  • Building Area Total: 1493
  • Lot Size Sq Ft: 1086
  • Directions to Property: Hwy 50 to Clarke Rd. Left on Orlando Ave. Right Olympic Dr. into Lake Olympic Townhomes, right to last townhouse on left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5760058&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5760058&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 1.00715
  • Price per Sq Ft: 114.26
  • Close to Original List Price Ratio: 1.00715
  • Ratio: Current Price\Building Area Total: 94.44
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen
  • Appliances Included: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Two
  • Stories: 2
  • Street Number Modifier: 616
  • Room Count: 4
  • Additional Rooms: Family Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Other Structures: Shed(s), Storage
  • Exterior Features: Balcony, Irrigation System, Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio
  • Road Surface Type: Paved
  • Water Access: Lake
  • Water Extras: Boat Ramp - Private
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12095C0210F

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, None
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool, Tennis Courts, Water Access
  • Association Amenities: Boat Slip, Tennis Court(s)
  • Association Fee: 261
  • Association Fee Frequency: Monthly
  • Association Name: Susie
  • Phone: 407-656-1081
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Website: https://www.southwestpropertymanagement.com/
  • Association Email: susie@swpmcfl.com
  • Amenities Additional Fees: Susie - susie@swpmcfl.com - Phone: 407.656.1081 (Mon. - Thur. 9am - 5pm & Friday 9am - 3pm) Fax: 407.656.0974 (available 24/7) Mailing Address: PO Box 783367, Winter Garden, FL 34778
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 3132
  • Monthly HOA Fee: 261
  • Total Monthly Fees: 261

Schools

  • Elementary School: Ocoee Elem
  • High School: Ocoee High
  • Middle Or Junior School: Ocoee Middle

Lot Info

  • Zoning: R-3
  • Parcel Number: 20-22-28-4714-05-010
  • Additional Parcels: No
  • Lot Features: City Lot
  • Lot Dimensions: 36x34x30x32
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Approval Process: Susie - susie@swpmcfl.com - Phone: 407.656.1081 (Mon. - Thur. 9am - 5pm & Friday 9am - 3pm) Fax: 407.656.0974 (available 24/7) Mailing Address: PO Box 783367, Winter Garden, FL 34778
  • Pet Restrictions: Lake Olympic currently does not have pet restrictions other than snakes, and foul or farm animals. Also, pets must be on a leash when outdoors. They also have a very strict policy on picking up waste after the pet. susie@swpmcfl.com Phone:407.656.1081
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Susie - susie@swpmcfl.com - Phone: 407.656.1081 (Mon. - Thur. 9am - 5pm & Friday 9am - 3pm) Fax: 407.656.0974 (available 24/7 Mailing Address: PO Box 783367, Winter Garden, FL 34778

Tax Info

  • Tax Annual Amount: 1077
  • Tax Block: 5
  • Tax Book Number: 9-76
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2019
Closed on
Mar 29, 2019
Sold by
Zapata Jose M
Bought by
Sanchez Tina Lyn and Mottin Jeremy Walker
Seller's Agent
Mohamed Khan
KELLER WILLIAMS ADVANTAGE III
Buyer's Agent
Michael Wood
UNITED REAL ESTATE PREFERRED
List Price
$139,999
Sold Price
$141,000
Premium/Discount to List
$1,001
0.72%
Total Days on Market
6
Current Estimated Value
$229,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,001
Avg. Annual Appreciation
8.32%
Original Mortgage
$136,770
Outstanding Balance
$121,451
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$109,941

Purchase Details

Closed on
Aug 11, 2017
Sold by
Kelly Timothy A and Kelly Tiffany Marie
Bought by
Zapata Jose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,494
Interest Rate
4.03%
Mortgage Type
VA

Purchase Details

Closed on
Mar 22, 2007
Sold by
Jarrett Edris M
Bought by
Kelly Timothy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Interest Rate
6.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 21, 2005
Sold by
Wasil Gary L and Wasil Therese A
Bought by
Jarrett Edris M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,800
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 5, 2000
Sold by
Johnson Melanie K and Johnson Clyde M
Bought by
Wasil Gary L and Wasil Therese A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,600
Interest Rate
7.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 1997
Sold by
Dalbow Herbert E and Dalbow Marguerite E
Bought by
Johnson Melanie K and Johnson Clyde M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
7.97%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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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
Sanchez Tina Lyn $141,000 Advantage Intl Ttl Llc
Zapata Jose M $116,000 None Available
Kelly Timothy A $156,000 First American Title Ins Co
Jarrett Edris M $136,000 First American Title Ins Co
Wasil Gary L $68,300 --
Johnson Melanie K $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Tina Lyn $136,770
Previous Owner Zapata Jose M $118,494
Previous Owner Kelly Timothy A $120,232
Previous Owner Kelly Timothy A $124,800
Previous Owner Jarrett Edris M $108,800
Previous Owner Johnson Melanie K $54,600
Previous Owner Johnson Melanie K $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Sold $141,000 +0.7% $114 / Sq Ft
02/11/2019 02/11/19 Pending -- -- --
02/05/2019 02/05/19 For Sale $139,999 -- $113 / 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 $1,835 $143,843 -- --
2024 $1,763 $143,843 -- --
2023 $1,763 $135,717 $0 $0
2022 $1,704 $131,764 $0 $0
2021 $1,679 $127,926 $0 $0
2020 $1,603 $126,160 $30,000 $96,160
2019 $2,303 $120,773 $25,000 $95,773
2018 $1,076 $88,807 $15,000 $73,807
2017 $635 $87,044 $15,000 $72,044
2016 $629 $76,687 $5,000 $71,687
2015 $634 $73,137 $5,000 $68,137
2014 $627 $58,030 $5,000 $53,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5760058

Stellar MLS

APN: 20-2228-4714-05-010