NOT LISTED FOR SALE

Estimated Value: $1,079,000 - $1,234,000

3 Beds
3.5 Baths
2,644 Sq Ft
$444/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $995,000 $376 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $8,250/month

26 Days on Market

Highlights

  • New Construction
  • High Ceiling
  • Balcony
  • Engineered Wood Flooring
  • Solid Surface Countertops
  • 3-minute walk to Lake Eola Park

About This Home

As of September 2021

ONLY TWO UNITS REMAINING! The Olive Townhomes... an exciting new luxury development in the heart of Downtown Orlando's South Eola Neighborhood, just steps away from the Thornton Park Historic District. Featuring eight exclusive townhomes. This luxury development is only one block away from beautiful Lake Eola. Walk to everything: shopping, the Lake Eola Farmer’s Market, dozens of top-rated restaurants like Soco, Oudom and The Stubborn Mule, cultural venues such as The Dr. Phillips Center for Performing Arts and the Amway Center (home of the Orlando Magic) and so much more. With a magnet school and the Lake Highland Preparatory School nearby, you simply can’t live closer to perfection. Each unit features an open floor plan with high-end finishes, a rooftop terrace, and scenic balconies. 3 bedroom floor plans with 3½ baths and a 2 car garage. Each unit has been custom designed with unique finishes such as: Quartz countertops, Viking appliances, glass-enclosed wine display, custom staircase railing, 7" hardwood flooring, statement light fixtures and fans, Trex decking on rooftop terrace (per plan), built-in closet shelving, soft-close cabinets, and so much more!

Last Agent to Sell the Property

Scarlett Wheat

License #3281415 Listed on: 07/23/2021

Co-Listed By

Heather Chesley

MAINFRAME REAL ESTATE License #3043291

Last Buyer's Agent

Lois Mcginnis

HOAD REALTY GROUP LLC License #3484017

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,994

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 2,015 Sq Ft Lot
  • South Facing Home
  • Irrigation

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Tri-Level Property
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,644 Sq Ft Home
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Sliding Doors

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Porcelain Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include escrow reserves fund, maintenance structure, ground maintenance
  • Specialty Management Company Matt Jordan Association
  • Visit Association Website
  • Olive Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,994

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$450 per month

Parking

2

Listing Details

  • HOA Fee Includes: Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Townhouse
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2644
  • Lot Size Acres: 0.04
  • New Construction: Yes
  • Year Built: 2020
  • Building Area Total: 4358
  • Lot Size Sq Ft: 2015
  • Status: Sold
  • Street Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5960812?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5960812?w=Customer
  • 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: 376.32
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 228.32
  • View: No
  • Co List Office Mls Id: 261015573
  • Co List Office Phone: 407-513-4257
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Engineered Hardwood, Porcelain Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Dormitorio Principal Arriba, Skylight(s), Solid Surface Counters, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Room Count: 8

Exterior Features

  • Direction Faces: South
  • Exterior Features: Balcony, Irrigation System, Lighting, Sidewalk, Sliding Doors
  • Roof: Membrane
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 450
  • Association Fee Frequency: Monthly
  • Association Name: Specialty Management Company - Matt Jordan
  • Association: Yes
  • Senior Community: No
  • Association Website: greatcommunities.com
  • Association Email: MJordan@GreatCommunities.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 5400
  • Monthly HOA Fee: 450
  • Total Monthly Fees: 450

Lot Info

  • Zoning: R-3B/T
  • Parcel Number: 25-22-29-6166-00-050
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 6 Months
  • Approval Process: See HOA docs
  • Pet Restrictions: See HOA docs
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See HOA docs

Tax Info

  • Tax Annual Amount: 2994.17
  • Tax Block: 00
  • Tax Book Number: 101/90
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Sep 15, 2021
Sold by
Equity Olive Llc
Bought by
Scioscia Michael A and Glantz Johanna
Seller's Agent
Scarlett Wheat
Buyer's Agent
Lois Mcginnis
HOAD REALTY GROUP LLC
List Price
$995,000
Sold Price
$995,000
Current Estimated Value
$1,173,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,585
Avg. Annual Appreciation
3.94%
Original Mortgage
$796,000
Outstanding Balance
$723,220
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$450,365

Purchase Details

Closed on
May 10, 2021
Sold by
Equity Olive Llc
Bought by
Fournier Donald J and Fournier Stacy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Scioscia Michael A $995,000 Central Fl Ttl Orlando Llc
Fournier Donald J $975,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scioscia Michael A $796,000
Previous Owner Fournier Donald J $780,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2021 09/15/21 Sold $995,000 0.0% $376 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $995,000 -- $376 / 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 $19,811 $1,027,470 $265,000 $762,470
2024 $19,536 $1,027,470 $265,000 $762,470
2023 $19,536 $1,017,870 $250,000 $767,870
2022 $18,458 $958,326 $250,000 $708,326
2021 $4,990 $250,000 $250,000 $0
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: O5960812

Stellar MLS

APN: 25-2229-6166-00-050