NOT LISTED FOR SALE

7860 Palmilla Ct Kissimmee, FL 34747

Estimated Value: $1,774,000 - $2,371,000

8 Beds
11 Baths
6,045 Sq Ft
$340/Sq Ft Est. Value

Last Sold November 10, 2020

Last sale price $1,527,500 $253 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $12,698/month

115 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Furnished
  • Heated In Ground Pool
  • Outdoor Kitchen
  • 2 Car Attached Garage

About This Home

As of November 2020

Stunning 8 bedroom executive investment vacation home located off the 11th green of the Jack Nicklaus signature golf course at Reunion resort. This property has been designed to accommodate executive clientele for family and business trips to Orlando and has everything needed for an exceptional rental and potential investment purchase. The 8 bedroom and 8 bathroom plus 3 half baths is ideal for large groups and gatherings. Separate games room, large entertainment area, large dining space and superb kitchen offer all the space needed for luxury rental. Outside the heated pool and spa with waterfall and water-slide coupled with the fire pit, summer kitchen, refrigerator, gas BBQ with rotisserie provides all the luxury needed for outside living. The property is sold furnished as shown. No need to wait to build, this home is ready to go!

Last Agent to Sell the Property

Alyssa Barker

THE JERRY BARKER GROUP LLC License #3267793 Listed on: 06/17/2020

Last Buyer's Agent

Harold Olson

EPIC FLORIDA REALTY LLC License #3044509

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,116

Year Built

  • Built in 2015

Lot Details

  • 7,710 Sq Ft Lot
  • Lot Dimensions are 55x140
  • West Facing Home
  • Irrigation
  • Property is zoned OPUD

HOA Fees

  • $571 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Block Exterior
  • Stone Siding
  • Stucco

Interior Spaces

  • 6,045 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool

Additional Features

  • Outdoor Kitchen
  • Central Heating and Cooling System

Listing and Financial Details

  • Down Payment Assistance Available
  • Visit Down Payment Resource Website
  • Legal Lot and Block 129 / 1
  • Assessor Parcel Number 35-25-27-4881-0001-1290
  • $2,695 per year additional tax assessments

Community Details

Overview

  • Association fees include cable TV, ground maintenance, pool maintenance, private road
  • $400 Other Monthly Fees
  • Artemis Lifestyles Association
  • Visit Association Website
  • Reunion West Vlgs North Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Fitness Center
  • Community Pool

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,116

Year Built

Built in 2015

Lot Details

0

HOA Fees

$571 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Maintenance Grounds, Pool Maintenance, Private Road
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stone, Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 6045
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 2015
  • Lot Size Sq Ft: 7710
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5871832?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5871832?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Other Fees Amount: 400
  • Ratio: Close Price\List Price: 0.92576
  • Price per Sq Ft: 252.69
  • Close to Original List Price Ratio: 0.92576
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 8
  • Half Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 8
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Room Count: 8

Exterior Features

  • Direction Faces: West
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Irrigation System, Outdoor Kitchen
  • Roof: Tile
  • Pool Private: Yes
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: None
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community
  • Association Amenities: Fitness Center, Gated, Pool, Security
  • Association Fee: 571
  • Association Fee Frequency: Monthly
  • Association Name: Artemis Lifestyles
  • Association: Yes
  • Senior Community: No
  • Other Fees Term: Monthly
  • Association Website: http://artemislifestyles.com/
  • Amenities Additional Fees: Golf and Water Park
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 11652
  • Monthly HOA Fee: 571
  • Total Monthly Fees: 971

Lot Info

  • Zoning: OPUD
  • Parcel Number: 35-25-27-4881-0001-1290
  • Additional Parcels: No
  • Lot Dimensions: 55x140
  • Flood Zone Code: x
  • Flood Zone Date: 2011-06-18

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Minimum Lease: 1-7 Days
  • Pet Restrictions: See HOA Docs
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 17115.53
  • Tax Block: 1
  • Tax Book Number: 16-23-31
  • Tax Lot: 129
  • Tax Other Annual Assessment Amount: 2695

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2020
Closed on
Nov 10, 2020
Sold by
Vision Group Property Development Llc
Bought by
Hatfield Steven and Hatfield Casey
Seller's Agent
Alyssa Barker
THE JERRY BARKER GROUP LLC
Buyer's Agent
Harold Olson
EPIC FLORIDA REALTY LLC
List Price
$1,650,000
Sold Price
$1,527,500
Premium/Discount to List
-$122,500
-7.42%
Current Estimated Value
$2,052,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$524,824
Avg. Annual Appreciation
6.12%
Original Mortgage
$1,200,000
Outstanding Balance
$1,067,830
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$984,495

Purchase Details

Closed on
May 19, 2014
Sold by
Golden Bean Propenties Llc
Bought by
The Vision Group Property Development Ll

Purchase Details

Closed on
Mar 4, 2011
Sold by
Bummerville Estates Llc
Bought by
Golden Bear Properties Llc and Oceanic Development Llc
Source: Public Records

Range of Values:

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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
Hatfield Steven $1,527,500 Celebration Title Group
Hatfield Steven $1,527,500 Celebration Title Group
The Vision Group Property Development Ll $275,000 Watson Title Services Inc
Golden Bear Properties Llc $43,000 Watson Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hatfield Steven $1,200,000
Closed Hatfield Steven $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2020 11/10/20 Sold $1,527,500 -7.4% $253 / Sq Ft
10/10/2020 10/10/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $1,650,000 -- $273 / 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
2024 $16,619 $1,034,812 -- --
2023 $16,619 $1,004,672 $0 $0
2022 $16,176 $975,410 $0 $0
2021 $16,575 $947,000 $195,000 $752,000
2020 $15,883 $868,500 $214,500 $654,000
2019 $17,116 $936,900 $214,500 $722,400
2018 $16,583 $913,200 $214,500 $698,700
2017 $16,737 $901,400 $214,500 $686,900
2016 $16,463 $878,600 $193,800 $684,800
2015 $5,144 $174,000 $174,000 $0
2014 $3,782 $120,000 $120,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5871832

Stellar MLS

APN: 35-25-27-4881-0001-1290