NOT LISTED FOR SALE

7678 Forest City Rd Unit 156 Orlando, FL 32810

Lockhart Neighborhood

Estimated Value: $114,000 - $141,000

3 Beds
2 Baths
1,187 Sq Ft
$505/mo HOA Fee

Last Sold March 18, 2022

Last sale price $122,000 $103 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,315/month

2 Days on Market

Highlights

  • In Ground Pool
  • Walk-In Closet
  • Combination Dining and Living Room
  • Solid Wood Cabinet
  • Central Heating and Cooling System
  • East Facing Home

About This Home

As of March 2022

Investment Property with tenants in place and Annual Lease contract in place. Current tenants are paying $1450 a month, unit has been renovated completely with new flooring Kitchen appliances and paint job done before recent tenants moved in. Gated community offers tennis courts, pool and playground located in heart of Orlando easy access to I-4 and Major highways and minutes away from Edgewater Dr and Winter Park FL, high demand rental property or Primary Residence. Investment opportunity for cash flow. Contact for appointment to view this Investment opportunity.

Last Agent to Sell the Property

Ozan Cifci

PREMIUM PROPERTIES R.E. SERVICE License #3309100 Listed on: 02/16/2022

Co-Listed By

Zinah Almeran, LLC

PREMIUM PROPERTIES REAL ESTATE License #3365337

Last Buyer's Agent

Carol Viteri

DHC RESIDENTIAL LLC License #3541621

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $668

Year Built

  • Built in 1975

Lot Details

  • East Facing Home
  • Land Lease expires 5/18/22

HOA Fees

  • $505 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Built-Up Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,187 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Laminate Flooring

Kitchen

  • Range
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Schools

  • Riverside Elementary School
  • Lockhart Middle School
  • Wekiva High School

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

Recreation

  • Tennis Courts
  • Community Playground

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$668

Year Built

Built in 1975

Lot Details

0

HOA Fees

$505 per month

Listing Details

  • HOA Fee Includes: Other
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1187
  • Lot Size Acres: 0.11
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 1187
  • Lot Size Sq Ft: 4884
  • Directions to Property: I-4 East Exit 90B Right, 434 West Magnolia Court Condominium.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6004285?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6004285?w=Customer
  • Floor Number: 2
  • Homestead Y N: Yes
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.94574
  • Price per Sq Ft: 102.78
  • Close to Original List Price Ratio: 0.94574
  • Ratio: Current Price\Building Area Total: 102.78
  • View: No
  • Co List Office Mls Id: 55171
  • Co List Office Phone: 407-380-2800
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo, Solid Wood Cabinets, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 2
  • Street Number Modifier: 7678
  • Room Count: 3

Exterior Features

  • Direction Faces: East
  • Other Structures: Tennis Court(s)
  • Pool Features: In Ground
  • Exterior Features: Sidewalk, Tennis Court(s)
  • Roof: Built-Up
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo Disclosure, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • 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

  • Community Features: Playground, Tennis Courts
  • Association Fee: 505
  • Association Fee Frequency: Monthly
  • Association Name: Judah Burton
  • Phone: 407-425-4561
  • Association: Yes
  • Senior Community: No
  • Association Website: www.donasher.com
  • Association Email: judahb@donasher.com
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 6060
  • Monthly HOA Fee: 505
  • Total Monthly Fees: 505

Schools

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

Lot Info

  • Zoning: R-3
  • Parcel Number: 28-21-29-5429-05-040
  • Additional Parcels: No
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • Land Lease Expiration Date: 2022-05-18

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions
  • Minimum Lease: 8-12 Months
  • Approval Process: Buyer to verify with HOA Directly
  • Pet Restrictions: Buyer to verify with HOA Directly
  • Lease Restrictions Y N: No
  • Currency Monthly Rent Amt: 1450
  • Month To Month Or Weekly Y N: Yes
  • Additional Lease Restrictions: Buyer to verify with HOA Directly

Tax Info

  • Tax Annual Amount: 668
  • Tax Block: 5
  • Tax Book Number: 8469-2032
  • Tax Lot: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2023
Sold by
Dhc Acquisitions Llc
Bought by
Magnolia Court Llc
Current Estimated Value
$130,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,700,000
Outstanding Balance
$2,481,741
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
-$2,363,793

Purchase Details

Listed on
Feb 16, 2022
Closed on
Mar 18, 2022
Sold by
Korhan Dundar
Bought by
Dhc Acquisitions Llc
Seller's Agent
Ozan Cifci
PREMIUM PROPERTIES R.E. SERVICE
Buyer's Agent
Carol Viteri
DHC RESIDENTIAL LLC
List Price
$129,000
Sold Price
$122,000
Premium/Discount to List
-$7,000
-5.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.98%

Purchase Details

Closed on
Jun 19, 2018
Sold by
Foley Christina and Orellana Justin
Bought by
Dundar Korhan

Purchase Details

Closed on
Feb 1, 2017
Bought by
Orellana Justin

Purchase Details

Closed on
Dec 16, 2016
Sold by
Orange County
Bought by
Orellana Genesis

Purchase Details

Closed on
Dec 1, 2008
Sold by
Rodriguez Jeannette
Bought by
J Rodriguez Investments Llc

Purchase Details

Closed on
Dec 22, 2006
Sold by
Magnolia Court Condominium Llc
Bought by
Rodriguez Jeannette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
1.49%
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 -- None Listed On Document
Dhc Acquisitions Llc $113,000 The Title Bridge
Dundar Korhan $35,400 None Available
Orellana Justin $100 --
Orellana Genesis $21,100 None Available
J Rodriguez Investments Llc $182,200 None Available
Rodriguez Jeannette $192,500 Countywide Title Group Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magnolia Court Llc $3,700,000
Previous Owner Rodriguez Jeannette $154,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $122,000 -5.4% $103 / Sq Ft
02/19/2022 02/19/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $129,000 -- $109 / 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 $1,432 $93,412 -- --
2024 $1,193 $93,412 -- --
2023 $1,193 $77,200 $15,440 $61,760
2022 $723 $49,900 $9,980 $39,920
2021 $668 $45,100 $9,020 $36,080
2020 $592 $41,500 $8,300 $33,200
2019 $538 $33,200 $6,640 $26,560
2018 $448 $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

  • Ozan Cifci

    Seller's Agent in 2022

    Ozan Cifci

    PREMIUM PROPERTIES R.E. SERVICE

    (407) 782-4866

    1 in this area

    78 Total Sales

    Section Image

  • Z

    Seller Co-Listing Agent in 2022

    Zinah Almeran, LLC

    PREMIUM PROPERTIES REAL ESTATE

    (407) 380-2800

    1 in this area

    12 Total Sales

    Section Image

  • C

    Buyer's Agent in 2022

    Carol Viteri

    DHC RESIDENTIAL LLC

    (786) 286-8702

    44 in this area

    332 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: O6004285

Stellar MLS

APN: 28-2129-5429-05-040

Florida Orange County Orlando 32810 Lockhart

7678 Forest City Rd Unit 156, Orlando, FL

This home is located at 7678 Forest City Rd Unit 156, Orlando, FL 32810 since 16 February 2022 and is currently estimated at $123,698, approximately $104 per square foot. This property was built in 1975. 7678 Forest City Rd Unit 156 is a home located in Orange County with nearby schools including Riverside Elementary School, Lockhart Middle School, and Wekiva High 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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