NOT LISTED FOR SALE

7427 Riverside Place Orlando, FL 32810

Lockhart Neighborhood

Estimated Value: $283,868 - $320,000

3 Beds
1.5 Baths
1,430 Sq Ft
$209/Sq Ft Est. Value

Last Sold November 19, 2020

Last sale price $175,000 $122 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,894/month

7 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Southeast Facing Home
  • Ceramic Tile Flooring
  • Combination Dining and Living Room
  • 1-Story Property

About This Home

As of November 2020

3/2 investment opportunity in unincorporated Orange County near Maitland Blvd and Forest City Road. Large backyard with mature trees offers plenty of afternoon shade. The house comes with a bonus room enclosed garage in addition to the 3 bedrooms. All major appliances included and ceiling fans throughout. This is a tenant-occupied property creating an instant revenue stream. Close to major highways, I4, SR 434 and SR436 with lots of shopping and dining options.

Last Agent to Sell the Property

Dinah Zessin

DON ASHER & ASSOCIATES, INC. License #3205013 Listed on: 10/20/2020

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,015

Year Built

  • Built in 1973

Lot Details

  • 0.28 Acre Lot
  • Southeast Facing Home
  • Land Lease expires 3/31/21

Home Design

  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,430 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Range with Range Hood

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Riverdale Elementary School
  • Lockhart Middle School
  • Wekiva High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Frst Park Homes Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,015

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1430
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 1973
  • Lot Size Sq Ft: 12156
  • Directions to Property: From I4 go West on 414, Left on Forest City Rd, Right on Riverside Park Rd, Left on Riverside Pl.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5899504?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5899504?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.875
  • Price per Sq Ft: 122.38
  • Close to Original List Price Ratio: 0.875
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Living Room/Dining Room Combo
  • Appliances Included: Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 7427
  • Room Count: 6

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Riverdale Elem
  • High School: Wekiva High
  • Middle Or Junior School: Lockhart Middle

Lot Info

  • Zoning: R-1
  • Parcel Number: 33-21-29-2833-00-270
  • Additional Parcels: No
  • Flood Zone Code: x
  • Land Lease Expiration Date: 2021-03-31

Rental Info

  • Minimum Lease: 8-12 Months
  • Lease Restrictions Y N: Yes
  • Currency Monthly Rent Amt: 1075
  • Month To Month Or Weekly Y N: No
  • Additional Lease Restrictions: none

Tax Info

  • Tax Annual Amount: 2015.34
  • Tax Block: 00
  • Tax Book Number: 3-146
  • Tax Lot: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2023
Sold by
Vm Master Issuer Llc
Bought by
Alto Asset Company 5 Llc
Current Estimated Value
$299,217

Purchase Details

Closed on
Mar 3, 2023
Sold by
Arvm 5 Llc
Bought by
Vm Master Issuer Llc

Purchase Details

Listed on
Oct 20, 2020
Closed on
Nov 19, 2020
Sold by
Nuview Ira Inc
Bought by
Arvm 5 Llc
Seller's Agent
Dinah Zessin
DON ASHER & ASSOCIATES, INC.
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$200,000
Sold Price
$175,000
Premium/Discount to List
-$25,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.59%

Purchase Details

Listed on
May 25, 2012
Closed on
Jun 15, 2012
Sold by
Bishop Danna
Bought by
Nuview Ira Inc and Juan Baquero Ira #1210796
Seller's Agent
Krista Taurins
LPT REALTY, LLC
Buyer's Agent
Krista Taurins
LPT REALTY, LLC
List Price
$60,000
Sold Price
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.52%

Purchase Details

Closed on
Aug 3, 2009
Sold by
Deutsche Bank Trust Company Americas
Bought by
Bishop Danna

Purchase Details

Closed on
Jun 4, 2009
Sold by
Rijo Jorge and Ortez Bianca
Bought by
Deutsche Bank Trust Company Americas

Purchase Details

Closed on
Nov 28, 2005
Sold by
Berrios Norberto and Berrios Christobel
Bought by
Rijo Jorge and Ortez Bianca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 20, 1999
Sold by
Marxuach Carlos and Marxuach Gloria
Bought by
Berrios Norbert and Berrios Christobel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,920
Interest Rate
7.85%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Alto Asset Company 5 Llc $1,741,700 None Listed On Document
Vm Master Issuer Llc $100 None Listed On Document
Arvm 5 Llc $175,000 Attorney
Nuview Ira Inc $60,000 Southeast Professional Ti
Bishop Danna $39,900 None Available
Deutsche Bank Trust Company Americas $211,900 Attorney
Rijo Jorge $155,000 Watson Title Services Inc
Berrios Norbert $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rijo Jorge $124,000
Previous Owner Berrios Norbert $75,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/19/2020 11/19/20 Sold $175,000 -12.5% $122 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $200,000 +233.3% $140 / Sq Ft
06/16/2014 06/16/14 Off Market $60,000 -- --
06/15/2012 06/15/12 Sold $60,000 0.0% $42 / Sq Ft View Prior Sale
06/04/2012 06/04/12 Pending -- -- --
05/25/2012 05/25/12 For Sale $60,000 -- $42 / 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 $3,678 $215,380 $45,000 $170,380
2024 $3,113 $207,260 $45,000 $162,260
2023 $3,113 $196,459 $45,000 $151,459
2022 $2,725 $161,859 $45,000 $116,859
2021 $2,485 $139,307 $36,000 $103,307
2020 $1,989 $127,909 $36,000 $91,909
2019 $2,015 $129,458 $36,000 $93,458
2018 $1,930 $125,290 $33,500 $91,790
2017 $1,765 $111,008 $28,750 $82,258
2016 $1,564 $90,958 $25,000 $65,958
2015 $1,425 $76,532 $20,000 $56,532
2014 $1,297 $61,084 $20,000 $41,084
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5899504

Stellar MLS

APN: 33-2129-2833-00-270