NOT LISTED FOR SALE

7678 Forest City Rd Unit 154 (B) Orlando, FL 32810

Lockhart Neighborhood

Estimated Value: $102,731 - $126,000

3 Beds
2 Baths
1,187 Sq Ft
$461/mo HOA Fee

Last Sold May 10, 2019

Last sale price $50,000 $42 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $1,256/month

1 Day on Market

Highlights

  • Community Pool
  • Ceramic Tile Flooring
  • East Facing Home
  • Walk-In Closet
  • Central Air
  • Heating Available

About This Home

As of May 2019

Condo is in great condition. Current renter is paying below market rent. The lease ends 05-31-2019

Last Agent to Sell the Property

Richard Musgrave, III

CHARLES RUTENBERG REALTY ORLANDO License #3384157 Listed on: 04/26/2019

CHARLES RUTENBERG REALTY ORLANDO

Last Buyer's Agent

Richard Musgrave, III

CHARLES RUTENBERG REALTY ORLANDO License #3384157 Listed on: 04/26/2019

CHARLES RUTENBERG REALTY ORLANDO

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $437

Year Built

  • Built in 1975

Lot Details

  • East Facing Home
  • Land Lease expires 5/31/19

HOA Fees

  • $461 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Block Exterior

Interior Spaces

  • 1,187 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, pool maintenance, security, trash
  • Magnolia Court Condo Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$437

Year Built

Built in 1975

Lot Details

0

HOA Fees

$461 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Pool Maintenance, Security, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1187
  • Lot Size Acres: 0.11
  • New Construction: No
  • Year Built: 1975
  • Lot Size Sq Ft: 4884
  • Directions to Property: Silverstar-John Young continue down John Young toward LEE RD. John Young Changes into Forest City Rd continue for three miles to MAGNOLIA Condo on left side.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5779935&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5779935&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: No
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.98039
  • Price per Sq Ft: 42.12
  • Close to Original List Price Ratio: 0.98039
  • View: No
  • Ownership: Condominium
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Split Bedroom, Thermostat, Walk-In Closet(s)
  • Appliances Included: Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Street Number Modifier: 7678
  • Room Count: 8
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Lighting, Sidewalk, Tennis Court(s)
  • Roof: Membrane
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12095C0145F

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Playground, Pool, Tennis Courts
  • Association: No
  • Senior Community: No
  • Condo Fees: 461
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 461
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 5532
  • Total Monthly Fees: 461

Lot Info

  • Zoning: R-3
  • Parcel Number: 28-21-29-5429-05-020
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25
  • Land Lease Expiration Date: 2019-05-31
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: 7 Months
  • Lease Restrictions Y N: No
  • Currency Monthly Rent Amt: 950
  • Month To Month Or Weekly Y N: No

Tax Info

  • Tax Annual Amount: 437
  • Tax Block: 5
  • Tax Book Number: 8469-2032
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2023
Sold by
Claxstone Inc
Bought by
Magnolia Court Llc
Current Estimated Value
$122,426

Purchase Details

Listed on
Apr 26, 2019
Closed on
Jun 12, 2019
Sold by
D & J Kingdom Llc
Bought by
Claxstone Inc
Seller's Agent
Richard Musgrave, III
CHARLES RUTENBERG REALTY ORLANDO
Buyer's Agent
Richard Musgrave, III
CHARLES RUTENBERG REALTY ORLANDO
List Price
$51,000
Sold Price
$50,000
Premium/Discount to List
-$1,000
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.04%

Purchase Details

Listed on
Apr 26, 2019
Closed on
May 10, 2019
Sold by
Gomez Liliana Montoya De
Bought by
D J Kingdom Llc
Seller's Agent
Richard Musgrave, III
CHARLES RUTENBERG REALTY ORLANDO
Buyer's Agent
Richard Musgrave, III
CHARLES RUTENBERG REALTY ORLANDO
List Price
$51,000
Sold Price
$50,000
Premium/Discount to List
-$1,000
-1.96%

Purchase Details

Closed on
Jan 31, 2018
Sold by
Als Vii Rvc Llc
Bought by
Magnolia Court Condominium Association I

Purchase Details

Closed on
Aug 9, 2016
Sold by
Teruel Yadira and Ramos Hector
Bought by
Als Vii Rvs Llc

Purchase Details

Closed on
Jun 23, 2008
Sold by
Teruel Yadira and Ramos Hector
Bought by
Washington Mutual

Purchase Details

Closed on
Jul 26, 2007
Sold by
Magnolia Court Condominiums Llc
Bought by
Teruel Yadira and Ramos Hector

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,600
Interest Rate
2%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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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
Magnolia Court Llc $115,000 Rte Title
Claxstone Inc -- None Available
D J Kingdom Llc $50,000 Landing Title Agency Inc
Magnolia Court Condominium Association I $30,000 Attorney
Als Vii Rvs Llc $2,300 None Available
Washington Mutual -- None Available
Teruel Yadira $198,000 Countywide Title Group #2
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Teruel Yadira $138,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2019 05/10/19 Sold $50,000 -2.0% $42 / Sq Ft
04/27/2019 04/27/19 Pending -- -- --
04/26/2019 04/26/19 For Sale $51,000 -- $43 / 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 $1,530 $97,300 -- $97,300
2024 $989 $97,300 -- $97,300
2023 $989 $77,200 $15,440 $61,760
2022 $772 $49,900 $9,980 $39,920
2021 $713 $45,100 $9,020 $36,080
2020 $635 $41,500 $8,300 $33,200
2019 $538 $33,200 $6,640 $26,560
2018 $437 $27,300 $5,460 $21,840
2017 $393 $23,700 $4,740 $18,960
2016 $402 $23,700 $4,740 $18,960
2015 $388 $22,300 $4,460 $17,840
2014 $386 $22,300 $4,460 $17,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5779935

Stellar MLS

APN: 28-2129-5429-05-020