NOT LISTED FOR SALE

Estimated Value: $385,000 - $922,000

10 Beds
8 Baths
1,557 Sq Ft
$430/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $510,000 $328 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,325/month

Highlights

  • Chain Of Lake Views
  • No HOA
  • Patio
  • 0.9 Acre Lot
  • Cooling System Mounted To A Wall/Window
  • 4-minute walk to Kehlor Recreation Center & Park

About This Home

As of March 2020

This 9 unit income property directly across from Lake Minneola is a great investment opportunity.

Last Agent to Sell the Property

Harvey Rosenberg

REALTY PROFESSIONALS OF FL,LLC License #690195 Listed on: 03/06/2020

Last Buyer's Agent

Ben Yonge

EQUITYPRO LLC License #3314288

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,084

Year Built

  • Built in 1946

Lot Details

  • 0.9 Acre Lot
  • Lot Dimensions are 50 x150
  • Gentle Sloping Lot
  • Additional Parcels

Home Design

  • Split Level Home
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,557 Sq Ft Home
  • Ceiling Fan
  • Chain Of Lake Views
  • Crawl Space
  • Range

Flooring

  • Carpet
  • Vinyl

Utilities

  • Cooling System Mounted To A Wall/Window
  • Space Heater
  • Heating System Mounted To A Wall or Window

Additional Features

  • Patio
  • City Lot

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 9 Units
  • 1,557 Sq Ft Building
  • Clermont Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,084

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1557
  • Lot Size Acres: 0.9
  • New Construction: No
  • Year Built: 1946
  • Building Area Total: 1557
  • Lot Size Sq Ft: 15136
  • Number Of Lots: 1
  • Directions to Property: Hwy 50 W from Hwy 27; R on 8th Street; R on Osceola St; home on R.
  • Status: Sold
  • Street Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/G5027090?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/G5027090?w=Customer
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Subdivision Num: 0100
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 327.55
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 327.55
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Appraiser
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Crawlspace
  • Levels: Multi/Split
  • Street Number Modifier: 653
  • Number Of Buildings: 5
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Water Body Name: Minneola
  • Waterfront: No
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Water View: Lake - Chain of Lakes
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: Electricity Available, Sewer Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Space Heater, Wall Units / Window Unit
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Sidewalk
  • Association Amenities: Laundry
  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: R-3
  • Parcel Number: 24-22-25-010007801100
  • Additional Parcels: Yes
  • Lot Features: Gentle Sloping, City Lot, Sidewalk
  • Lot Dimensions: 50 x150
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 9

Tax Info

  • Tax Annual Amount: 5084
  • Tax Block: 078
  • Tax Book Number: 0008/0017
  • Tax Lot: 01100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2020
Closed on
Mar 20, 2020
Sold by
Simply Sold Orlando Llc
Bought by
Jark Group Llc
Seller's Agent
Harvey Rosenberg
REALTY PROFESSIONALS OF FL,LLC
Buyer's Agent
Ben Yonge
EQUITYPRO LLC
List Price
$510,000
Sold Price
$510,000
Current Estimated Value
$667,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,172
Avg. Annual Appreciation
7.73%

Purchase Details

Closed on
Jan 25, 2011
Sold by
Branch Banking & Trust Company
Bought by
Silver Frederick H and Silver Lisa

Purchase Details

Closed on
Apr 21, 2009
Sold by
Lake Minneola Apartments Llc and Randazzo Fanny L
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Dec 7, 2007
Sold by
Randazzo Fanny L
Bought by
Lake Minneola Apartments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2003
Sold by
Smith Russell and Smith Russell
Bought by
Randazzo Fanny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
6.32%
Mortgage Type
Commercial
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
Jark Group Llc $639,900 Southeast Professional Ttl L
Simply Sold Orlando Llc $510,000 Professional Title Agency
Silver Frederick H $207,000 Lincoln Title Services Llc
Branch Banking & Trust Company -- Attorney
Lake Minneola Apartments Llc $525,000 Attorney
Randazzo Fanny $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lake Minneola Apartments Llc $525,000
Previous Owner Randazzo Ciro P $393,750
Previous Owner Randazzo Fanny $292,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2020 03/20/20 Sold $510,000 0.0% $328 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $510,000 -- $328 / 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 $9,413 $567,978 $131,175 $436,803
2024 $9,413 $567,978 $131,175 $436,803
2023 $9,413 $553,933 $131,175 $422,758
2022 $8,909 $553,933 $131,175 $422,758
2021 $7,523 $443,930 $0 $0
2020 $5,790 $380,930 $0 $0
2019 $5,084 $283,693 $0 $0
2018 $5,011 $283,693 $0 $0
2017 $4,677 $263,319 $0 $0
2016 $4,933 $272,669 $0 $0
2015 $4,968 $268,113 $0 $0
2014 $4,418 $241,151 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G5027090

Stellar MLS

APN: 24-22-25-0100-078-01100