NOT LISTED FOR SALE

725 Michigan Ct Unit 2 Saint Cloud, FL 34769

Estimated Value: $122,000 - $127,048

2 Beds
1 Bath
784 Sq Ft
1,742 Sq Ft Lot Lot

Sale Details

Date Sold: January 10, 2022

Last sale price $102,000 $130 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,007 / mo

174 Days on Market

Highlights

  • Community Pool
  • Central Heating and Cooling System
  • North Facing Home
  • Ceramic Tile Flooring

About This Home

As of January 2022

Calling all Investors, you cannot miss this great investment opportunity! Great income potential. It is perfectly located in the heart of St. Cloud, minutes away from the restaurants, shopping and bus line, close to all major highways, no more than 35 minutes away from attractions and Melbourne beach.

Last Agent to Sell the Property

Gilberto Figueroa

KELLER WILLIAMS ADVANTAGE III License #3389302 Listed on: 05/01/2021

KELLER WILLIAMS ADVANTAGE III

Last Buyer's Agent

Kerriann Sullivan

TOHO REALTY GROUP, LLC License #3226306

TOHO REALTY GROUP, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,020

Year Built

  • Built in 1972

Lot Details

  • North Facing Home

HOA Fees

  • $165 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 784 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include ground maintenance, pool maintenance
  • Carmen Rivera Association, Phone Number (407) 957-4377
  • Palm Gardens Condo Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,020

Year Built

Built in 1972

Lot Details

1,742 Sq Ft Lot

HOA Fees

$165 per month

Listing Details

  • HOA Fee Includes: Maintenance Grounds, Pool Maintenance
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 784
  • Lot Size Acres: 0.04
  • New Construction: No
  • Year Built: 1972
  • Lot Size Sq Ft: 1693
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/S5049537?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/S5049537?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.97143
  • Price per Sq Ft: 130.1
  • Close to Original List Price Ratio: 0.92727
  • View: No
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Other
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Room Count: 4

Exterior Features

  • Direction Faces: North
  • Exterior Features: Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association Amenities: Pool
  • Association Fee: 165
  • Association Fee Frequency: Monthly
  • Association Name: Carmen Rivera
  • Phone: 407-957-4377
  • Association: Yes
  • Senior Community: No
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 1980
  • Monthly HOA Fee: 165
  • Total Monthly Fees: 165

Lot Info

  • Zoning: SR3
  • Parcel Number: 11-26-30-0609-0725-0020
  • Additional Parcels: No
  • Flood Zone Code: x

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Approval Process: Condo Application
  • Pet Restrictions: Buyer to confirm all restrictions with Condo Association
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Buyer to confirm all restrictions with Condo Association

Tax Info

  • Tax Annual Amount: 1019.95
  • Tax Block: 725
  • Tax Book Number: 3-9
  • Tax Lot: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2022
Sold by
Marquez Bettina M
Bought by
Marquez Damon R
Current Estimated Value
$125,012

Purchase Details

Listed on
May 1, 2021
Closed on
Jan 10, 2022
Sold by
Arroyo Castro Maria Antonia
Bought by
Marquez Damon R and Marquez Bettina M
Seller's Agent
Gilberto Figueroa
KELLER WILLIAMS ADVANTAGE III
Buyer's Agent
Kerriann Sullivan
TOHO REALTY GROUP, LLC
List Price
$105,000
Sold Price
$102,000
Premium/Discount to List
-$3,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%
Original Mortgage
$76,500
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2017
Sold by
Castro Ramona Arroyo
Bought by
Castro David Arroyo and Castro Maine A Arroyo

Purchase Details

Closed on
Nov 23, 2009
Sold by
Castro David Arroyo
Bought by
Castro David Arroyo and Castro Ramona Arroyo

Purchase Details

Closed on
Oct 31, 2007
Sold by
Bobonis Clemente and De Bobonis Gloria Roman
Bought by
Castro David Arroyo

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
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Marquez Damon R $100 --
Marquez Damon R $102,000 Unik Title
Castro David Arroyo -- None Available
Castro Maria A Arroyo -- None Available
Castro David Arroyo -- None Available
Castro David Arroyo $62,500 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marquez Damon R $76,500
Previous Owner Castro David Arroyo $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2022 01/10/22 Sold $102,000 -2.9% $130 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $105,000 +2.9% $134 / Sq Ft
08/01/2021 08/01/21 Off Market $102,000 -- --
07/03/2021 07/03/21 Pending -- -- --
05/26/2021 05/26/21 Price Changed $105,000 -4.5% $134 / Sq Ft
04/30/2021 04/30/21 For Sale $110,000 -- $140 / Sq Ft
Source: Stellar MLS

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 $2,204 $112,700 -- $112,700
2024 $1,985 $128,700 -- $128,700
2023 $1,985 $110,200 $0 $110,200
2022 $1,179 $82,400 $0 $82,400
2021 $1,093 $73,400 $0 $73,400
2020 $1,020 $69,600 $0 $69,600
2019 $1,710 $59,900 $0 $59,900
2018 $1,582 $46,000 $0 $46,000
2017 $1,515 $40,300 $0 $40,300
2016 $1,231 $32,700 $0 $32,700
2015 $1,238 $32,400 $0 $32,400
2014 $626 $31,200 $0 $31,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: S5049537

Stellar MLS

APN: 11-26-30-0609-0725-0020

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