NOT LISTED FOR SALE

722 S Lake Formosa Dr Orlando, FL 32803

North Orange Neighborhood

Estimated Value: $528,412 - $591,000

2 Beds
1 Bath
1,083 Sq Ft
$524/Sq Ft Est. Value

Last Sold March 08, 2018

Last sale price $337,900 $312 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,635/month

4 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 1 Car Attached Garage
  • Audubon Park School Rated A-
  • Enclosed Patio or Porch
  • Central Heating and Cooling System

About This Home

As of March 2018

Charming 2/1 in one of the most desirable neighborhoods of Mills Park. Minutes from Florida Hospital, the Central Business District, entertainment, shopping, and just a short walk over to the Urban Trail.

Last Agent to Sell the Property

Lisa Hill

KELLER WILLIAMS REALTY AT THE PARKS License #464708 Listed on: 02/06/2018

KELLER WILLIAMS REALTY AT THE PARKS

Last Buyer's Agent

Linda Kaufman

OPTIMA REAL ESTATE License #3114019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,258

Year Built

  • Built in 1942

Lot Details

  • 7,853 Sq Ft Lot
  • Property is zoned R-2A/T

Parking

  • 1 Car Attached Garage

Home Design

  • 1,083 Sq Ft Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Kitchen

  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Princeton Elementary School
  • Howard Middle School
  • Edgewater High School

Utilities

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

Community Details

  • No Home Owners Association
  • Loch Haven Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,258

Year Built

Built in 1942

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 1083
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 1942
  • Lot Size Sq Ft: 7853
  • Directions to Property: Mills Ave. to Virginia Dr., Right on Daulphin Ln., Left on Lake Formosa Dr. House is on the corner.
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5560937&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5560937&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 1.00896
  • Price per Sq Ft: 312
  • Close to Original List Price Ratio: 1.00896
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 1
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Street Number Modifier: 722
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Screened
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Schools

  • Elementary School: Princeton Elem
  • High School: Edgewater High
  • Middle Or Junior School: Howard Middle

Lot Info

  • Zoning: R-2A/T
  • Parcel Number: 13-22-29-9429-02-010
  • Additional Parcels: No
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 8-12 Months
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 4258
  • Tax Block: 02
  • Tax Book Number: H/44
  • Tax Lot: 010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2018
Closed on
Mar 8, 2018
Sold by
Nelson Rebert John
Bought by
Logman Ilonald L and Donald L Losnian Living Trust
Seller's Agent
Lisa Hill
KELLER WILLIAMS REALTY AT THE PARKS
Buyer's Agent
Linda Kaufman
OPTIMA REAL ESTATE
List Price
$334,900
Sold Price
$337,900
Premium/Discount to List
$3,000
0.9%
Current Estimated Value
$554,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,311
Avg. Annual Appreciation
7.03%
Original Mortgage
$236,530
Outstanding Balance
$205,100
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$355,227

Purchase Details

Closed on
Nov 8, 1993
Sold by
Nelson Robert John
Bought by
Nelson Robert John and Nelson Martine L
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
Logman Ilonald L $337,900 None Available
Nelson Robert John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Logman Ilonald L $236,530
Previous Owner Nelson Robert J $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2018 03/08/18 Sold $337,900 +0.9% $312 / Sq Ft
02/11/2018 02/11/18 Pending -- -- --
02/06/2018 02/06/18 For Sale $334,900 -- $309 / 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 $7,214 $403,370 $230,000 $173,370
2024 $6,691 $395,220 $230,000 $165,220
2023 $6,691 $384,758 $230,000 $154,758
2022 $6,049 $339,922 $220,000 $119,922
2021 $5,485 $291,968 $205,000 $86,968
2020 $5,339 $293,552 $205,000 $88,552
2019 $5,515 $286,966 $205,000 $81,966
2018 $4,638 $240,667 $160,000 $80,667
2017 $4,258 $217,411 $145,230 $72,181
2016 $4,062 $211,725 $141,000 $70,725
2015 $3,674 $179,117 $110,000 $69,117
2014 $3,381 $161,153 $110,000 $51,153
Source: Public Records

Agents Affiliated with this Home

  • Lisa Hill

    Seller's Agent in 2018

    Lisa Hill

    KELLER WILLIAMS REALTY AT THE PARKS

    (407) 924-9393

    48 Total Sales

    Section Image
  • Linda Kaufman

    Buyer's Agent in 2018

    Linda Kaufman

    OPTIMA REAL ESTATE

    (407) 314-6600

    20 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: O5560937

Stellar MLS

APN: 13-2229-9429-02-010

Florida Orange County Orlando 32803 North Orange

722 S Lake Formosa Dr, Orlando, FL

This home is located at 722 S Lake Formosa Dr, Orlando, FL 32803 since 06 February 2018 and is currently estimated at $567,353, approximately $523 per square foot. This property was built in 1942. 722 S Lake Formosa Dr is a home located in Orange County with nearby schools including Audubon Park School, Edgewater High School, and Lake Highland Preparatory School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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