NOT LISTED FOR SALE

7160 Forty Banks Rd Harmony, FL 34773

Estimated Value: $258,000 - $273,000

3 Beds
2.5 Baths
1,668 Sq Ft
$5/mo HOA Fee

Last Sold May 20, 2021

Last sale price $199,500 $120 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,553/month

94 Days on Market

Highlights

  • Public Boat Ramp
  • Fitness Center
  • Open Floorplan
  • Golf Course Community
  • Fishing
  • Community Pool

About This Home

As of May 2021

The amazing unit is located in the gorgeous and desirable Harmony community! The community offers so many wonderful amenities such as great community pools, golf course, boating dock, park/trails, natural lakes, a marketplace with grocery shopping and restaurants, soccer field, sand volleyball, playgrounds, and many more. The unit features 3 bedrooms with 2.5 half baths and almost 1,700 SqFt. Appreciate the tile flooring throughout the whole downstairs plus nice and cozy carpet in all bedrooms upstairs. The downstairs features a large living room/dining room area plus a large kitchen featuring stainless steel appliances. Other features include a covered front porch area, a 2-car garage, ceiling fans, double sinks in the master bathroom, and many more. The Harmony community is located about 20-30 minutes from Disney, Orlando airport, Medical City and many more amazing things Central Florida offers plus the beach is about 40 minutes away making Harmony a great place to invest.

Last Agent to Sell the Property

Terry Romero

LA ROSA REALTY LLC License #3345073 Listed on: 12/06/2020

LA ROSA REALTY LLC

Last Buyer's Agent

Tenisha Dale

License #3492108

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,559

Year Built

  • Built in 2006

Lot Details

  • 3,485

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,668 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Blinds

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Harmony Community Elementary School
  • Harmony High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Reclaimed Water Irrigation System
  • Northwest Facing Home

Listing and Financial Details

  • Legal Lot and Block 032B / 1
  • Assessor Parcel Number 30-26-32-2569-0001-032B

Community Details

Overview

  • Association fees include cable TV, community pool, internet, maintenance exterior, ground maintenance, pest control, pool maintenance, trash
  • Association Solutions And Sentry Management Association, Phone Number (847) 228-0846
  • Ashley Park At Harmony Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, allowable golf cart usage in the community

Recreation

  • Public Boat Ramp
  • Boat Ramp
  • Golf Course Community
  • Community Playground
  • Fitness Center
  • Community Pool
  • Fishing
  • Park

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,559

Year Built

Built in 2006

Lot Details

0

HOA Fees

$5 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Internet, Maintenance Exterior, Maintenance Grounds, Pest Control, Pool Maintenance, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Living Area: 1668.00
  • Lot Size Acres: 0.08
  • Year Built: 2006
  • Building Area Total: 2138.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/S5043617?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/S5043617?w=Customer
  • Lot Size Sq Ft: 3344
  • Building Search Sq Meters: 198.63
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/S5043617?w=PubMLS
  • Directions to Property: US-192E/US-441S, Left onto 5 Oaks Drive, Stay on 5 Oaks Drive, Turn onto Clay Brick Rd, Turn left onto Harmony Square Dr S, Turn right onto Forty Banks Rd, Destination will be on the left.
  • Escrow State: FL
  • List Office Head Office Key Nume: 1052991
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 6
  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Open Floorplan
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Floor Number: 2
  • Levels: Two
  • Stories: 2
  • Window Features: Blinds
  • Living Area Meters: 154.96
  • Street Number Modifier: 7160

Exterior Features

  • Direction Faces: Northwest
  • Exterior Features: Sidewalk
  • Roof: Shingle
  • Flood Zone Code: X

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Community Boat Ramp, Deed Restrictions, Fishing, Fitness, Golf Carts OK, Golf, Irrigation-Reclaimed Water, Park, Playground, Pool, Public Boat Ramp, Sidewalk
  • Building Name Number: 32B
  • Condo Fees: 325
  • Condo Fees Term: Monthly
  • Condo Land Included: Yes
  • Max Pet Weight: 999
  • Monthly Condo Fee Amount: 325
  • Monthly HOA Fees: 4.96
  • Association Fee: 59.55
  • Association Fee Frequency: Annually
  • Association Fee Requirement: Required
  • Association Name: Association Solutions and Sentry Management
  • Phone: 8472280/8466323
  • Association: Yes

Fee Information

  • Total Annual Fees: 3959.55
  • Total Monthly Fees: 329.96

Schools

  • Elementary School: Harmony Community School (K-8)
  • High School: Harmony High
  • Elementary School: Harmony Community School (K-8)
  • High School: Harmony High

Lot Info

  • Total Acreage: 0 to less than 1/4
  • Zoning: RES
  • Parcel Number: 30-26-32-2569-0001-032B
  • Lot Size Square Meters: 311

Rental Info

  • Minimum Lease: 8-12 Months
  • Exist Lse Tenant: Yes
  • Additional Lease Restrictions: Call Community Association for additional lease restrictions and to confirm details.
  • Lease Restrictions: Yes
  • Pets Allowed: Yes

Multi Family

  • Currency Monthly Rent Amt: 1500.00

Tax Info

  • Tax Annual Amount: 3559.14
  • Tax Block: 1
  • Tax Book Number: 19-34
  • Tax Lot: 032B
  • Tax Other Annual Assessment Amou: 1069

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2022
Sold by
Marrero Santiago Daniel Humberto
Bought by
Cruz Arnaldo Caban
Current Estimated Value
$263,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,500
Outstanding Balance
$277,757
Interest Rate
4.99%
Mortgage Type
Balloon
Estimated Equity
-$14,654

Purchase Details

Listed on
Dec 6, 2020
Closed on
May 20, 2021
Sold by
Mountain Vista Properties Iii Llc
Bought by
Santiago Daniel Humberto Marrero and Maria Diaz Alers Laura
Seller's Agent
Terry Romero
LA ROSA REALTY LLC
Buyer's Agent
Tenisha Dale
List Price
$199,900
Sold Price
$199,500
Premium/Discount to List
-$400
-0.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%
Original Mortgage
$195,886
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 8, 2018
Sold by
Cooper Michael Paul
Bought by
Cooper Michael P and The Mountain View Properties L

Purchase Details

Closed on
Jan 1, 2018
Sold by
Cooper Michael P and Mountain View Properties Livin
Bought by
Mountain Vista Properties Iii Llc and Mountain Vista Properties Llc

Purchase Details

Closed on
Mar 4, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Cooper Michael Paul

Purchase Details

Closed on
Dec 11, 2014
Sold by
Bank Of America Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 20, 2014
Sold by
Thomas Jonathan
Bought by
Bank Of America Na

Purchase Details

Closed on
Feb 27, 2007
Sold by
D R Horton Inc
Bought by
Thomas Jonathan and Matusik Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,490
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Cruz Arnaldo Caban $290,500 New Title Company Name
Caban Cruz Arnaldo $290,500 Red Door Title
Santiago Daniel Humberto Marrero $199,500 Fidelity Natl Ttl Of Fl Inc
Mar Santiago Daniel Humberto $199,500 Fidelity National Title
Cooper Michael P -- Attorney
Mountain Vista Properties Iii Llc -- Attorney
Cooper Michael Paul $118,500 Consumer Title & Escrow Svcs
Federal Home Loan Mortgage Corporation -- Attorney
Bank Of America Na -- Attorney
Thomas Jonathan $202,500 Dhi Title Of Florida Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caban Cruz Arnaldo $290,500
Closed Caban Cruz Arnaldo $290,500
Previous Owner Mar Santiago Daniel Humberto $195,886
Previous Owner Thomas Jonathan $202,490
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2021 05/20/21 Sold $199,500 +1.0% $120 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
02/06/2021 02/06/21 Price Changed $197,500 -1.2% $118 / Sq Ft
12/06/2020 12/06/20 For Sale $199,900 -- $120 / 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 $1,909 $228,400 -- $228,400
2023 $1,909 $222,400 $0 $222,400
2022 $4,013 $160,300 $0 $160,300
2021 $3,773 $149,300 $0 $149,300
2020 $3,559 $135,200 $0 $135,200
2019 $3,595 $136,700 $0 $136,700
2018 $3,079 $121,500 $0 $121,500
2017 $2,925 $105,700 $0 $105,700
2016 $2,840 $99,100 $0 $99,100
2015 $2,834 $96,600 $0 $96,600
2014 $1,835 $73,689 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: S5043617

Stellar MLS

APN: 30-26-32-2569-0001-032B