NOT LISTED FOR SALE

7565 Excitement Dr Reunion, FL 34747

Reunion Neighborhood

Estimated Value: $971,000 - $1,102,610

5 Beds
5.5 Baths
3,374 Sq Ft
$307/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $1,300,000 $385 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $6,819/month

104 Days on Market

Highlights

  • Media Room
  • Gated Community
  • Contemporary Architecture
  • Heated In Ground Pool
  • Open Floorplan
  • Main Floor Primary Bedroom

About This Home

As of August 2023

If turnkey, high producing investment properties are what you're looking for, the search ends here! This 5-bedroom vacation home has a lengthy track record of rentals. Fresh exterior paint in 2023, new carpet in upstairs bedrooms in 2023, new LVP in downstairs bedroom, stairwell, and loft game room in 2020, new mini-split unit in theatre room in late 2022 mean this property is fresh and clean for your guests. Current owners have spared no expense to provide guests with an immersive and relaxing experience which is why the rental rates have been so strong since this house entered the short-term rental market in 2020.

Pool/patio area overlooks greenspace which has a small dog park, walking path, and playground. This is unique and one of the few lots in Reunion to have this opportunity!

In addition to the turnkey property, the current owners are including all furnishings, electronics, housewares, etc. with the property and current bookings can convey if it remains with existing management company. The owner will also sell ownership of the house's private web domain www.reunionfunhouse.com with an accepted offer. This house also has an active Reunion Membership!

Last Agent to Sell the Property

Brandon Harrell

TOP VILLAS REALTY LLC Brokerage Phone: 863-512-5238 License #3454112 Listed on: 03/07/2023

Last Buyer's Agent

Roo Klaers

COLDWELL BANKER REALTY License #3259245

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,558

Year Built

  • Built in 2016

Lot Details

  • 5,401 Sq Ft Lot
  • Lot Dimensions are 35x148
  • West Facing Home
  • Mature Landscaping
  • Irrigation
  • Property is zoned OPUD

HOA Fees

  • $615 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,374 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Media Room
  • Game Room
  • Park or Greenbelt Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Pool Alarm
  • Pool Lighting

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Mini Split Air Conditioners
  • Thermostat
  • Underground Utilities
  • Natural Gas Connected
  • Tankless Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Artemis Lifestyle Association, Phone Number (407) 705-2190
  • Reunion Ph 02 Prcl 01 & 1A Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,558

Year Built

Built in 2016

Lot Details

0

HOA Fees

$615 per month

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 3374
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 2016
  • Building Area Total: 4170
  • Lot Size Sq Ft: 5401
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 387.41
  • Escrow State: FL
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 385.30
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Master Bedroom Main Floor, Master Bedroom Upstairs, Open Floorplan, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 313.45

Exterior Features

  • Direction Faces: West
  • Pool Features: Gunite, Heated, In Ground, Lighting, Pool Alarm
  • Exterior Features: Balcony, Irrigation System, Outdoor Grill
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • View: Park/Greenbelt
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Public, Sewer Connected, Sprinkler Meter, Underground Utilities, Water Connected
  • Cooling: Central Air, Mini-Split Unit(s)
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: None

Condo/Co-op/Association

  • Association Fee: 615
  • Association Fee Frequency: Monthly
  • Association Name: Artemis Lifestyle
  • Phone: 407-705-2190
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Management: Full Time

Fee Information

  • Total Annual Fees: 7380.00
  • Total Monthly Fees: 615.00
  • Monthly HOA Amount: 615.00

Lot Info

  • Zoning: OPUD
  • Parcel Number: 35-25-27-4838-0001-2460
  • Additional Parcels: No
  • Lot Dimensions: 35x148
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 10557.52
  • Tax Block: 1
  • Tax Book Number: 13-115-123
  • Tax Lot: 246
  • Tax Other Annual Assessment Amount: 2400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2023
Closed on
Aug 28, 2023
Sold by
Lokey Shaun C
Bought by
Mary I Gardella 1991 Trust and Alexander
Seller's Agent
Brandon Harrell
TOP VILLAS REALTY LLC
Buyer's Agent
Roo Klaers
COLDWELL BANKER REALTY
List Price
$1,300,000
Sold Price
$1,300,000
Views
40
Current Estimated Value
$954,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$345,624
Avg. Annual Appreciation
-9.39%

Purchase Details

Closed on
Aug 28, 2020
Sold by
7565 Excitement Drive Llc
Bought by
Lokey Shaun C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 21, 2018
Closed on
May 24, 2018
Sold by
Westerun Reality Intyerst Llc
Bought by
7565 Excitement Drive Llc
Seller's Agent
TJ Cosgrove
REUNION FLORIDA REALTY LLC
Buyer's Agent
TJ Cosgrove
REUNION FLORIDA REALTY LLC
List Price
$495,000
Sold Price
$475,000
Premium/Discount to List
-$20,000
-4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.80%

Purchase Details

Closed on
Jan 30, 2015
Sold by
Dowling Chris
Bought by
Alesco Investments Llc

Purchase Details

Closed on
May 16, 2014
Sold by
Dowling James
Bought by
Dowling Chris

Purchase Details

Closed on
Apr 8, 2014
Sold by
County Of Osceola
Bought by
Dowling James

Purchase Details

Closed on
May 27, 2004
Sold by
Arriola Mark and Arriola Danna J Chavez
Bought by
Padron Eloy and Fernandez Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,300
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2003
Sold by
Ginn-La Orlando Ltd L L L P
Bought by
Arriola Marc and Arriola Danna J Chavez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,548
Interest Rate
6.1%
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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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
Mary I Gardella 1991 Trust $1,300,000 None Listed On Document
Lokey Shaun C $665,000 Equitable Ttl Of Celebration
7565 Excitement Drive Llc $467,500 Attorney
Alesco Investments Llc $75,000 Gold Star Title & Escrow Inc
Dowling Chris -- None Available
Dowling James $36,300 None Available
Padron Eloy $137,000 Stewart Title Of Four Corner
Arriola Marc $85,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lokey Shaun C $498,000
Previous Owner Padron Eloy $123,300
Previous Owner Arriola Marc $74,548
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2023 08/28/23 Sold $1,300,000 0.0% $385 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
03/07/2023 03/07/23 For Sale $1,300,000 +173.7% $385 / Sq Ft
05/25/2018 05/25/18 Sold $475,000 -4.0% $141 / Sq Ft View Prior Sale
05/22/2018 05/22/18 Pending -- -- --
05/21/2018 05/21/18 For Sale $495,000 -- $147 / 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 $14,262 $751,300 $115,000 $636,300
2024 $11,449 $807,000 $140,000 $667,000
2023 $11,449 $525,261 $0 $0
2022 $10,558 $632,600 $60,000 $572,600
2021 $9,251 $434,100 $50,000 $384,100
2020 $9,140 $424,600 $65,000 $359,600
2019 $9,247 $424,300 $65,000 $359,300
2018 $8,696 $404,800 $65,000 $339,800
2017 $9,016 $416,300 $55,000 $361,300
2016 $3,483 $55,000 $55,000 $0
2015 $3,083 $55,000 $55,000 $0
2014 $3,198 $40,000 $40,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: S5081819

Stellar MLS

APN: 35-25-27-4838-0001-2460