NOT LISTED FOR SALE
-- Bed
-- Bath
1,112 Sq Ft
0.46 Acre Lot

Sale Details

Date Sold: May 1, 2019

Last sale price $665,000 $598 Per Sq Ft

45 Days on Market

Highlights

  • 0.46 Acre Lot
  • No HOA
  • Fireplace
  • Wood Flooring
  • Balcony
  • Inside Utility

About This Home

As of May 2019

This property is a 2 story building on Silver Star Road, Orlando, there are a total of 8 units all are 2 bed/2 bath.
They are all in good condition all have central A/C Seven of the tenants are paying $ 775.00 a month, 1 tenant paying $ 700 ( they have occupied the unit since 2015 )
Built in 1983 exterior is concrete/ block and stucco. A new shingle roof was installed in 2017.
The outside has just been repainted and new plants installed along the front.
It is always occupied there is not a lot of turnover of tenants.
All financials available including rent roll expenses and income, figures do show an excellent return.
Property manager in place for the last 3 years the property has been well maintained The owner is looking to buy something larger.

Last Agent to Sell the Property

Kati Hughes

NEW WORLD REAL ESTATE License #610245 Listed on: 02/22/2019

Last Buyer's Agent

Pat Pateau

ZENITH HOMES CENTER LLC License #3026494

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,564

Year Built

  • Built in 1983

Lot Details

  • 20,221 Sq Ft Lot
  • Irrigation

Home Design

  • Block Exterior
  • Stucco

Interior Spaces

  • 1,112 Sq Ft Home
  • Fireplace
  • Inside Utility
  • Range

Flooring

  • Wood
  • Carpet

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Phone Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Willis R Mungers Land Sub Subdivision

Building Details

  • Gross Income $71,650

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,564

Year Built

Built in 1983

Lot Details

0.46 Acres

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Multi-Family
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 1112
  • Lot Size Acres: 0.46
  • New Construction: No
  • Year Built: 1983
  • Lot Size Sq Ft: 20221
  • Tenant Pays: Electricity
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5765220&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5765220&cview=true&show_results=true&customer_portal=true
  • Unit Count: 1
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.91724
  • Price per Sq Ft: 598.02
  • Close to Original List Price Ratio: 0.89262
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Hardwood
  • Appliances Included: Range, Refrigerator
  • Levels: One
  • Additional Rooms: Inside Utility
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Balcony, Irrigation System
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12095C0230F

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Phone Available, Public, Sewer Connected, Street Lights, Water - Multiple Meters
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Deposits Y N: No

Lot Info

  • Zoning: C-3
  • Parcel Number: 13-22-28-5844-00-452
  • Additional Parcels: No
  • Lot Dimensions: 0
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 6125

Multi Family

  • Gross Income: 71650
  • Number Of Units Total: 8

Tax Info

  • Tax Annual Amount: 6564
  • Tax Block: 00
  • Tax Book Number: E-3
  • Tax Lot: 45

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2019
Sold by
Bought by

Purchase Details

Listed on
Feb 22, 2019
Closed on
Apr 22, 2019
Sold by
Bought by
Seller's Agent
Kati Hughes
NEW WORLD REAL ESTATE
Buyer's Agent
Pat Pateau
ZENITH HOMES CENTER LLC
List Price
$745,000
Sold Price
$665,000
Premium/Discount to List
-$80,000
-10.74%

Purchase Details

Closed on
Apr 25, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
0.0368%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2011
Sold by
Bought by

Purchase Details

Closed on
Aug 13, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
0.0649%
Mortgage Type
Balloon

Purchase Details

Closed on
May 8, 2001
Sold by
Bought by

Purchase Details

Closed on
Apr 12, 1994
Sold by
Bought by

Purchase Details

Closed on
Sep 21, 1993
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$665,000 Stewart Title Company
$425,000 Attorney
$210,000 First Signature Title Llc
-- None Available
$450,000 --
-- --
$857 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $250,000
Previous Owner $350,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/01/2019 05/01/19 Sold $665,000 -8.3% $598 / Sq Ft
04/06/2019 04/06/19 Pending -- -- --
03/26/2019 03/26/19 Price Changed $725,000 -2.7% $652 / Sq Ft
02/20/2019 02/20/19 For Sale $745,000 -- $670 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $15,342 $977,924
2024 $12,446 $889,022
2023 $12,446 $904,240 $136,000 $768,240
2022 $11,077 $778,158 $120,000 $658,158
2021 $9,602 $607,214 $112,000 $495,214
2020 $9,316 $608,704 $112,000 $496,704
2019 $7,065 $435,903 $64,000 $371,903
2018 $6,916 $421,361 $64,000 $357,361
2017 $6,564 $395,419 $56,000 $339,419
2016 $5,649 $333,137 $56,000 $277,137
2015 $5,631 $331,145 $56,000 $275,145
2014 $5,097 $288,819 $72,000 $216,819
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5765220

Stellar MLS
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