NOT LISTED FOR SALE

622 and 624 Royalty Ct Kissimmee, FL 34758

Estimated Value: $416,000 - $475,705

6 Beds
6 Baths
2,828 Sq Ft
$158/Sq Ft Est. Value

Last Sold October 13, 2022

Last sale price $490,000 $173 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,876/month

5 Days on Market

Highlights

  • 1 Car Attached Garage
  • Screened Patio
  • Central Heating and Cooling System
  • In-Law or Guest Suite
  • Sliding Doors
  • Combination Dining and Living Room

About This Home

As of October 2022

CASH COW. Now is your opportunity to own a major income producing property just 30 minutes away from Disney World! Each side of this duplex has a total of 3 bedrooms and 3.5 bathrooms with a one car garage totaling 6 bedrooms, 7 bathrooms and 2 one car garages. The in-law suites on each side have its own separate entrance creating the perfect opportunity of a possible quad conversion. Potential to earn 10% cap rate with renting each unit at $1,700 and $1,000 per en law suite totaling $2,700 each side. Major upgrades have been done this year such as NEW FLOORING, NEW CARPETTING, FRESH INTERIOR PAINTING, BRAND NEW KITCHEN AND COMPLETELY REMODELED BATHROOMS including brand new vanity, tub, toilet and sinks allowing for the perfect turnkey investment property. Roof (2019), A/C on 622 (2021). No major work needs to be done. Tenants pay utilities. Schedule a showing today before it's gone.

Last Agent to Sell the Property

Claudia Hayden

LPT REALTY, LLC License #3523281 Listed on: 09/08/2022

LPT REALTY, LLC

Last Buyer's Agent

Evan Perrett

CENTURY 21 RE CHAMPIONS License #3526363

CENTURY 21 RE CHAMPIONS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,192

Year Built

  • Built in 1985

Lot Details

  • 9,540

HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Duplex
  • Bi-Level Home
  • Studio
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,828 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • In-Law or Guest Suite
  • 6 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Screened Patio
  • 9,540 Sq Ft Lot

Listing and Financial Details

  • Down Payment Assistance Available
  • Visit Down Payment Resource Website
  • Tenant pays for electricity, sewer, water
  • Legal Lot and Block 6 / 1394
  • Assessor Parcel Number 25-26-28-6114-1394-0060

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Poinciana Village HOA, Phone Number (863) 427-0900
  • Poinciana Village 01 Neighborhood 01 South Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,192

Year Built

Built in 1985

Lot Details

0

HOA Fees

$46 per month

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2828
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 1985
  • Lot Size Sq Ft: 9540
  • Tenant Pays: Electricity, Sewer, Water
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3401394?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3401394?w=Customer
  • Unit Count: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Property Description: Studio/Efficiency
  • Ratio: Close Price\List Price: 0.98196
  • Price per Sq Ft: 173.27
  • Close to Original List Price Ratio: 0.98196
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo
  • Foundation Details: Slab
  • Total Bedrooms: 6
  • Levels: Two
  • Additional Rooms: Interior In-Law Suite
  • Number Of Buildings: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Patio, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Association Fee: 276
  • Association Fee Frequency: Annually
  • Association Name: Poinciana Village HOA
  • Phone: 863-427-0900
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association #2 Fee: 276
  • Association #2 Fee Frequency: Annually
  • Association: Poinciana Village HOA

Fee Information

  • Total Annual Fees: 552
  • Monthly HOA Fee: 23
  • Total Monthly Fees: 46

Lot Info

  • Zoning: OPUD
  • Parcel Number: 25-26-28-6114-1394-0060
  • Additional Parcels: No
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Total Actual Rent: 5400

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3191.54
  • Tax Block: 1394
  • Tax Book Number: 3-9
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2022
Closed on
Oct 12, 2022
Sold by
Magro Steven J
Bought by
Dillard Brandon
Seller's Agent
Claudia Hayden
LPT REALTY, LLC
Buyer's Agent
Evan Perrett
CENTURY 21 RE CHAMPIONS
List Price
$499,000
Sold Price
$490,000
Premium/Discount to List
-$9,000
-1.8%
Views
14
Current Estimated Value
$447,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,074
Avg. Annual Appreciation
-2.91%
Original Mortgage
$356,250
Outstanding Balance
$341,889
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$106,037

Purchase Details

Closed on
Jun 8, 2022
Sold by
Magro Steven J and Revo Anne
Bought by
Magro Steven J

Purchase Details

Closed on
Dec 26, 2018
Sold by
Magro Anne Marie Pinut
Bought by
Magro Steven J

Purchase Details

Closed on
Mar 2, 2005
Sold by
Magro Steven J and Magro Anne Marie
Bought by
Magro Steven J and Magro Anne Marie

Purchase Details

Closed on
Nov 8, 2002
Sold by
Cotrich Anna Marie
Bought by
Magro Steven J and Magro Anne Marie
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
Dillard Brandon $490,000 All American Title
Magro Steven J -- None Listed On Document
Magro Steven J -- Attorney
Magro Steven J -- --
Magro Steven J $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dillard Brandon $356,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2022 10/13/22 Sold $490,000 -1.8% $173 / Sq Ft
09/14/2022 09/14/22 Pending -- -- --
09/08/2022 09/08/22 For Sale $499,000 -- $176 / 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
2024 $5,822 $317,300 $50,000 $267,300
2023 $5,822 $327,900 $48,000 $279,900
2022 $3,579 $226,200 $37,000 $189,200
2021 $3,192 $167,600 $21,800 $145,800
2020 $3,041 $166,500 $21,800 $144,700
2019 $2,827 $146,600 $19,000 $127,600
2018 $2,330 $101,900 $14,200 $87,700
2017 $2,180 $86,500 $11,400 $75,100
2016 $2,224 $89,100 $13,300 $75,800
2015 $2,251 $89,600 $13,300 $76,300
2014 $2,184 $92,900 $16,000 $76,900
Source: Public Records

Agents Affiliated with this Home

  • Claudia Hayden

    Seller's Agent in 2022

    Claudia Hayden

    LPT REALTY, LLC

    (302) 690-2510

    60 Total Sales

    Claudia Hayden
    Section Image
  • Evan Perrett

    Buyer's Agent in 2022

    Evan Perrett

    CENTURY 21 RE CHAMPIONS

    (727) 301-8042

    40 Total Sales

    Evan Perrett
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: T3401394

Stellar MLS

APN: 25-26-28-6114-1394-0060

Florida Osceola County Kissimmee 34758

622 and 624 Royalty Ct, Kissimmee, FL

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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