NOT LISTED FOR SALE

Estimated Value: $1,100,000 - $1,476,000

4 Beds
3.5 Baths
3,128 Sq Ft
$413/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $1,243,500 $398 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $8,840/month

Highlights

  • City View
  • Wood Flooring
  • Corner Lot
  • Property is near public transit
  • End Unit
  • 3-minute walk to Lake Eola Park

About This Home

As of March 2023

Welcome home to The Olive, the newest Townhome development in the heart of Downtown Orlando. This barely lived-in highly desirable corner unit is filled with many of upgrades and has great curb appeal. The three-story townhome features a very practical floor plan starting at the ground level. As you enter the home, the first floor has an open great room and private guest suite with en-suite bathroom. The open staircase with contemporary custom metal railings, takes you to the second floor which functions as your main living and entertaining area , which has an abundance of natural light coming from the nearly floor to ceiling windows and sliding glass doors. The upgraded kitchen has Cambria Quartz countertops, Viking appliances with 48” natural gas range, soft close cabinets, built in pantry and truly one of a kind lighting. Also on the second floor is a half bath and a covered balcony - perfect for your morning coffee. The third floor features the master bedroom, a beautiful master bath and a balcony off the master bedroom. The third bedroom and office space (or fourth bedroom) are also located on the third floor. As you make your way up to the fourth floor roof top terrace, you will be impressed by the beautiful city views, Trex decking, and the amount of space for entertaining. The upstairs roof top terrace is also plumbed for an outdoor kitchen. This townhome has a detached 2-car garage and features plenty of street parking for guests. Don’t miss this opportunity to be in the heart of it all. You are walking distance to everything including shopping, the Lake Eola Farmer’s Market, top-rated restaurants, the Dr. Phillips Center for Performing Arts and the Amway Arena. Call today to set up your private showing.

Last Agent to Rent the Property

Albin Hubscher

CENTRAL FLORIDA PRIME REAL ESTATE LLC License #3107441 Listed on: 01/15/2023

Last Renter's Agent

Albin Hubscher

CENTRAL FLORIDA PRIME REAL ESTATE LLC License #3107441 Listed on: 01/15/2023

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $21,645

Year Built

  • Built in 2020

Lot Details

  • 2,941 Sq Ft Lot
  • End Unit
  • Irrigation

Parking

  • 2 Car Garage

Home Design

  • Tri-Level Property

Interior Spaces

  • 3,128 Sq Ft Home
  • Partially Furnished
  • Built-In Features
  • Bar Fridge
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room
  • Den
  • City Views
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Open Patio
  • Rain Gutters

Location

  • Property is near public transit
  • City Lot

Schools

  • Lake Como Elementary School
  • Lake Como School K-8 Middle School
  • Edgewater High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Water Filtration System
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Residential Lease
  • Security Deposit $7,500
  • Property Available on 2/15/23
  • Tenant pays for cleaning fee
  • The owner pays for grounds care
  • 12-Month Minimum Lease Term
  • Long Term Lease
  • $85 Application Fee
  • Assessor Parcel Number 29-22-25-6166-00-010

Community Details

Overview

  • Property has a Home Owners Association
  • The Olive Subdivision

Pet Policy

  • Pets up to 50 lbs
  • Pet Size Limit
  • Pet Deposit $500
  • 1 Pet Allowed
  • Breed Restrictions

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$21,645

Year Built

Built in 2020

Lot Details

0

Parking

2

Rental Info

  • Furnished: Partially
  • Lease Amount Frequency: Monthly
  • Pets Allowed: Breed Restrictions, Pet Deposit, Size Limit, Yes
  • Pet Size: Medium (36-60 Lbs.)
  • Lease Fee: 750
  • Long Term Y N: Yes
  • Max Pet Weight: 50
  • Minimum Lease: 1-2 Years
  • Pet Deposit Fee: 500
  • Application Fee: 85
  • Pet Restrictions: MUST CHECK WITH OWNER. MUST HAVE PHOTO OF PET
  • Security Deposit: 7500
  • Expected Lease Date: 2023-03-07T05:00:00.000Z
  • Lease Referral Fee Comments: MUST SHOW TO RECEIVE LEASE FEE
  • Available Date: 2023-02-15

Listing Details

  • Property Type: Residential Lease
  • Property Condition: Completed
  • Property Sub Type: Townhouse
  • Fireplace: No
  • Living Area: 3128
  • Lot Size Acres: 0.06
  • New Construction: No
  • Year Built: 2020
  • Building Area Total: 4944
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 2941
  • Owner Pays: Grounds Care
  • Tenant Pays: Cleaning Fee
  • Directions to Property: : From the 408, take Mills Ave exit. Continue straight on South St for about half a mile. Take a right on Summerlin Ave, then a left on Pine St. home will be on your right.
  • Status: Leased
  • Street Direction: E
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Property Description: Corner Unit, End Unit
  • Call Center Phone Number: 407-404-4041
  • Ratio: Close Price\List Price: 0.93333
  • Price per Sq Ft: 2.24
  • Close to Original List Price Ratio: 0.93333
  • Ratio: Current Price\Building Area Total: 1.42
  • View: Yes
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Bar Fridge, Dishwasher, Dryer, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Water Filtration System
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Spa Yn: No
  • Window Features: Blinds
  • Street Number Modifier: 617
  • Room Count: 8
  • Master Bed Size: King
  • Additional Rooms: Den/Library/Office, Family Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Balcony, Irrigation System, Rain Gutters, Sidewalk, Sliding Doors
  • Pool Private: No
  • View: City
  • Waterfront: No
  • Patio and Porch Features: Open Patio
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association Name: NA
  • Phone: NA
  • Association: Yes
  • Security: Fire Sprinkler System, Security System, Smoke Detector(s)
  • Senior Community: No
  • Management: Full Time
  • Association Fee Requirement: None

Schools

  • Elementary School: Lake Como Elem
  • High School: Edgewater High
  • Middle Or Junior School: Lake Como School K-8

Lot Info

  • Parcel Number: 29-22-25-6166-00-010
  • Lot Features: Corner Lot, City Lot, Near Public Transit, Sidewalk
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2021
Closed on
Dec 10, 2021
Sold by
Simonte Steven J
Bought by
Shimp Robert David and Shimp Alisa Marie
Seller's Agent
Albin Hubscher
CENTRAL FLORIDA PRIME REAL ESTATE LLC
Buyer's Agent
Miranda Cady
CADENCE LIFESTYLE REAL ESTATE
List Price
$1,275,000
Sold Price
$1,243,500
Premium/Discount to List
-$31,500
-2.47%
Current Estimated Value
$1,291,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,810
Avg. Annual Appreciation
1.38%
Original Mortgage
$540,000
Outstanding Balance
$498,885
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$809,240

Purchase Details

Listed on
Oct 20, 2020
Closed on
Dec 18, 2020
Sold by
Equity Olive Llc
Bought by
Simonte Steven Joseph
Seller's Agent
Scarlett Wheat
Buyer's Agent
Scarlett Wheat
List Price
$1,150,000
Sold Price
$1,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.30%
Original Mortgage
$690,000
Interest Rate
2.7%
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
Shimp Robert David $1,243,300 Attorney
Simonte Steven Joseph $1,150,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shimp Robert David $540,000
Previous Owner Simonte Steven Joseph $690,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2023 03/07/23 Rented $7,000 -6.7% --
02/21/2023 02/21/23 Under Contract -- -- --
01/15/2023 01/15/23 For Rent $7,500 0.0% --
12/10/2021 12/10/21 Sold $1,243,500 -0.5% $398 / Sq Ft
10/31/2021 10/31/21 Pending -- -- --
09/14/2021 09/14/21 Price Changed $1,250,000 -2.0% $400 / Sq Ft
06/26/2021 06/26/21 For Sale $1,275,000 +10.9% $408 / Sq Ft
12/18/2020 12/18/20 Sold $1,150,000 0.0% $368 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
10/20/2020 10/20/20 For Sale $1,150,000 -- $368 / 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 $21,645 $1,123,190 $265,000 $858,190
2024 $21,380 $1,123,190 $265,000 $858,190
2023 $21,380 $1,114,583 $250,000 $864,583
2022 $20,071 $1,042,677 $250,000 $792,677
2021 $16,771 $944,183 $250,000 $694,183
2020 $2,994 $150,000 $150,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6083694

Stellar MLS

APN: 25-2229-6166-00-010