NOT LISTED FOR SALE

Estimated Value: $772,000 - $1,016,000

4 Beds
3 Baths
2,407 Sq Ft
$360/Sq Ft Est. Value

Sale Details

Date Sold: June 29, 2018

Last sale price $569,900 $237 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,674 / mo

19 Days on Market

Highlights

  • Guest House
  • Living Room with Fireplace
  • Attic
  • The property is located in a historic district
  • Wood Flooring
  • No HOA

About This Home

As of June 2018

LOCATION! LOCATION! LOCATION! Very rare investment opportunity on a brick street downtown! All three properties are rented out, but the main house will vacate with notice if new owner wants to occupy. Step into immediate income. All properties are in excellent condition. Freshly painted inside and out, hardwood floors, updated appliances, new 200 amp electrical panel in main house, new gas fixture and damper cap for fireplace, Cottage has new bathroom flooring, new plumbing and water heater, new stove. New bathroom in garage apartment. Main house has use of the 2 car garage. Plenty of parking for all tenants and guests. Each property has their own private laundry and central AC. Current zoning allows for a 4th unit if you wanted to convert the garage. Walking distance to Lake Eola and the Mill/50 shops and restaurants.

Last Agent to Sell the Property

Carmen Henderson

COLDWELL BANKER REALTY License #537794 Listed on: 04/26/2018

COLDWELL BANKER REALTY

Last Buyer's Agent

Ayo Olaoniye

DELIGHT REALTY & BUSINESS SERV License #706422

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,085

Year Built

  • Built in 1925

Lot Details

  • 11,237 Sq Ft Lot
  • Lot Dimensions are 110x200
  • Oversized Lot
  • Street paved with bricks

Parking

  • 2 Car Garage
  • Oversized Parking
  • Driveway
  • Guest Parking
  • Open Parking

Home Design

  • Triplex
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,407 Sq Ft Home
  • Gas Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Inside Utility
  • Range
  • Attic

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Additional Homes

  • Guest House

Location

  • The property is located in a historic district
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 6,510 Sq Ft Building
  • Colonial Hills Condos
  • Colonial Hills Sub Subdivision

Building Details

  • Gross Income $43,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,085

Year Built

Built in 1925

Lot Details

0.26 Acres

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Triplex
  • Construction Materials: Wood Frame
  • Fireplace: Yes
  • Living Area: 2407
  • Lot Size Acres: 0.26
  • New Construction: No
  • Year Built: 1925
  • Building Area Total: 6510
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 11237
  • Tenant Pays: Electricity
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5703279&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5703279&cview=true&show_results=true&customer_portal=true
  • Unit Count: 3
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Subdivision Num: 1520
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.98276
  • Price per Sq Ft: 236.77
  • Close to Original List Price Ratio: 0.98276
  • Ratio: Current Price\Building Area Total: 87.54
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Living Room
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Levels: One
  • Spa Yn: No
  • Additional Rooms: Attic, Den/Library/Office, Formal Dining Room Separate, Inside Utility
  • Number Of Buildings: 3
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Other Structures: Guest House
  • Exterior Features: Sidewalk, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Porch, Rear Porch, Screened
  • Road Surface Type: Street Brick
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12095C0265F
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Covered, Driveway, Guest, Open, Oversized
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Public, Sewer Connected, Street Lights
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • 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
  • Complex Community Name NCCB: COLONIAL HILLS
  • Association Fee Requirement: None

Lot Info

  • Zoning: R-2B/T/HP
  • Parcel Number: 25-22-29-1520-02-090
  • Additional Parcels: No
  • Lot Features: Historic District, City Lot, Oversized Lot, Sidewalk
  • Lot Dimensions: 110x200
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Total Actual Rent: 3600

Multi Family

  • Gross Income: 43200
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 7085
  • Tax Block: B
  • Tax Book Number: E-37
  • Tax Lot: 9

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

Listed on
Apr 26, 2018
Closed on
Jun 19, 2018
Sold by
Bought by
Seller's Agent
Carmen Henderson
COLDWELL BANKER REALTY
Buyer's Agent
Ayo Olaoniye
DELIGHT REALTY & BUSINESS SERV
List Price
$579,900
Sold Price
$569,900
Premium/Discount to List
-$10,000
-1.72%
Current Estimated Value
$865,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,782
Avg. Annual Appreciation
5.39%
Original Mortgage
$427,425
Outstanding Balance
$365,019
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$500,663

Purchase Details

Listed on
Apr 11, 2017
Closed on
Jun 15, 2017
Sold by
Bought by
Buyer's Agent
Carmen Henderson
COLDWELL BANKER REALTY
List Price
$519,000
Sold Price
$514,000
Premium/Discount to List
-$5,000
-0.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.44%
Original Mortgage
$385,500
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2016
Sold by
Bought by

Purchase Details

Closed on
Dec 1, 2005
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
$50,000
Interest Rate
6.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 25, 1993
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
$76,400
Interest Rate
7.44%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$569,900 Sunbelt Title Agency
$514,000 None Available
$375,000 Clear Title Of Florida
$430,000 Edgewater Title Company Inc
$84,900 --
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
Open $427,425
Previous Owner $385,500
Previous Owner $50,000
Previous Owner $337,000
Previous Owner $76,400
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 Prior Sale
06/29/2018 06/29/18 Sold $569,900 -1.7% $237 / Sq Ft
05/14/2018 05/14/18 Pending -- -- --
04/25/2018 04/25/18 For Sale $579,900 +12.8% $241 / Sq Ft
09/13/2017 09/13/17 Off Market $514,000 -- --
06/15/2017 06/15/17 Sold $514,000 -1.0% $205 / Sq Ft View Prior Sale
04/20/2017 04/20/17 Pending -- -- --
04/11/2017 04/11/17 For Sale $519,000 -- $207 / 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
2026 $11,823 $623,660 $234,000 $389,660
2025 $11,823 $639,680 $234,000 $405,680
2024 $10,725 $620,570 $234,000 $386,570
2023 $10,725 $595,934 $234,000 $361,934
2022 $9,705 $528,030 $234,000 $294,030
2021 $9,252 $494,913 $234,000 $260,913
2020 $8,761 $484,683 $234,000 $250,683
2019 $9,282 $486,149 $234,000 $252,149
2018 $7,484 $386,337 $219,780 $166,557
2017 $7,085 $361,809 $198,000 $163,809
2016 $7,377 $395,391 $198,000 $197,391
2015 $6,910 $364,329 $180,000 $184,329
2014 $6,051 $292,015 $148,000 $144,015
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5703279

Stellar MLS

APN: 25-2229-1520-02-090

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