NOT LISTED FOR SALE

Estimated Value: $693,000 - $1,264,000

6 Beds
6 Baths
4,440 Sq Ft
$220/Sq Ft Est. Value

Last Sold June 13, 2017

Last sale price $1,375,000 $310 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $6,432/month

51 Days on Market

Highlights

  • No HOA
  • Secured Garage or Parking
  • Street paved with bricks
  • Mature Landscaping
  • Central Heating and Cooling System

About This Home

As of June 2017

The Lofts at Concord is an 8 unit multi-family property located in Downtown Orlando, Florida. The property consists of two separate adjacent parcels. The both parcels are 0.18 acres for a total of 0.36 acres of land. The property consists of three buildings including a brick 4plex (four 2 bedroom and 1 bath units) that was built in 1925, a stucco over wood frame duplex (two 1 bedroom and 1 bath units) above a four car garage also built in 1925 and a duplex (two 2 bedroom and 1 bath units) that was built in 1958 of concrete block construction.
The interiors feature refinished hardwood floors, dishwashers, granite countertops, updated cabinetry, separate central HVAC systems and remodeled bathrooms. Each unit is individually metered for electricity and gas. Tenants pay for their electric, cable, gas, trash and sewer is paid by each tenant at a flat rate on their monthly utility bill, the landlord only pays for water and common-area electricity. Units 807 and 809 have washer and dryer hook-ups; other units use an on-site common laundry room area with smart phone-controlled, state-of-the-art commercial laundry equipment that is professionally maintained by a third-party agreement (Aaxon Holdings LLC).

Last Agent to Sell the Property

Carissa Lawhun

FLORIDA REALTY INVESTMENTS License #3134232 Listed on: 01/11/2017

FLORIDA REALTY INVESTMENTS

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,350

Year Built

  • Built in 1925

Lot Details

  • 7,763 Sq Ft Lot
  • Mature Landscaping
  • Street paved with bricks

Home Design

  • 4,440 Sq Ft Home
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior

Parking

  • Secured Garage or Parking
  • On-Street Parking

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 3 Buildings
  • 8 Units
  • Colonial Hills Sub Subdivision

Listing and Financial Details

  • Legal Lot and Block 21 / B
  • Assessor Parcel Number 25-22-29-1520-02-210

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,350

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Block, Wood Frame
  • Living Area: 4440
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 1925
  • Lot Size Sq Ft: 7763
  • Status: Sold
  • Street Direction: E
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • RATIO Current Price By Calculate: 309.68
  • Total Acreage: 1/4 Acre to 21779 Sq. Ft.
  • Water Access YN: 0
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12095C0265F

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None, On Street, Secured

Utilities

  • Utilities: Public, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: No
  • Security: Secured Garage / Parking
  • Senior Community: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: R-2B/T/HP
  • Parcel Number: 25-22-29-1520-02-210
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk, Street Brick
  • Lot Dimensions: 0
  • Flood Zone Code: X

Multi Family

  • Number Of Units Total: 8
  • Total Num Buildings: 3
  • Unit Count: 3

Tax Info

  • Tax Annual Amount: 6350
  • Tax Block: B
  • Tax Book Number: E-37
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2022
Sold by
Apartments On Concord Llc
Bought by
Concord Loft Llc
Current Estimated Value
$978,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$991,000
Outstanding Balance
$558,628
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$419,872

Purchase Details

Closed on
Jul 21, 1994
Sold by
Jones Moss Julia B
Bought by
Cascio Robert P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,373
Interest Rate
7.46%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Concord Loft Llc $1,480,700 Dominion Title
Cascio Robert P $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Concord Loft Llc $991,000
Previous Owner Cascio Robert P $170,373
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2017 09/14/17 Off Market $1,375,000 -- --
06/13/2017 06/13/17 Sold $1,375,000 -12.7% $310 / Sq Ft
03/04/2017 03/04/17 Pending -- -- --
01/11/2017 01/11/17 For Sale $1,575,000 -- $355 / 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 $15,729 $947,550 $204,000 $743,550
2024 $14,831 $850,670 $204,000 $646,670
2023 $14,831 $808,025 $204,000 $604,025
2022 $9,708 $532,707 $204,000 $328,707
2021 $8,894 $470,011 $204,000 $266,011
2020 $8,692 $475,368 $204,000 $271,368
2019 $9,281 $480,725 $204,000 $276,725
2018 $7,971 $406,653 $183,150 $223,503
2017 $6,564 $384,754 $165,000 $219,754
2016 $6,350 $380,173 $165,000 $215,173
2015 $6,007 $354,022 $150,000 $204,022
2014 $5,087 $265,005 $116,000 $149,005
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Stellar MLS

MLS Number: O5483260

Stellar MLS

APN: 25-2229-1520-02-210