NOT LISTED FOR SALE

Estimated Value: $390,000 - $427,000

5 Beds
3 Baths
2,496 Sq Ft
$164/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $325,000 $130 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,669/month

39 Days on Market

Highlights

  • Separate Formal Living Room
  • Formal Dining Room
  • Accessible Entrance
  • No HOA
  • Laundry Room
  • Handicap Modified

About This Home

As of July 2021

Watch Video and 3D Tour! Centrally located right next to W Colonial Drive* & 408 Great chance to own income-producing commercial property. Zoned and ready for an assisted living facility. Currently rented out to solitary tenants with a total income of $3,000 a month. This property is ready for its purpose as an assisted living facility OR whatever you desire. The current layout of the building holds 6 bedrooms, 3 bathrooms, 1 commercial kitchen which includes the state-mandated fire suppression system.3 Living Spaces! The building has 300 amp electrical service, a complete interior sprinkler system, a complete monitored fire alarm system. This building is complete and is ready for a new owner.

Last Agent to Sell the Property

Arthur Love

LA ROSA REALTY ORLANDO LLC License #3294735 Listed on: 05/19/2021

LA ROSA REALTY ORLANDO LLC

Last Buyer's Agent

Daniel Pedraza Arango

KONA REALTY SERVICES LLC License #3475327

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,497

Year Built

  • Built in 1984

Lot Details

  • 0.35

Home Design

  • Triplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,496 Sq Ft Home
  • Separate Formal Living Room
  • Formal Dining Room
  • Tile Flooring
  • Range with Range Hood
  • Laundry Room

Parking

  • Parking Pad
  • Common or Shared Parking

Accessible Home Design

  • Visitor Bathroom
  • Handicap Modified
  • Accessible Entrance

Additional Features

  • 0.35 Acre Lot
  • City Lot
  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2,496 Sq Ft Building

Building Details

  • Gross Income $43,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,497

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Triplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2496
  • Lot Size Acres: 0.35
  • New Construction: No
  • Year Built: 1984
  • Accessibility Features: Accessible Entrance, Visitor Bathroom, Handicap Modified
  • Building Area Total: 2496
  • Lot Size Sq Ft: 15402
  • Directions to Property: FL-50 W/W Colonial Dr take west- Turn right onto N Hart Blvd , go to address. Do Not Disturb Tenants.
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5945294?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5945294?w=Customer
  • Unit Count: 1
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 130.21
  • Close to Original List Price Ratio: 0.98818
  • Ratio: Current Price\Building Area Total: 130.21
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Appliances Included: Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Levels: One
  • Street Number Modifier: 816
  • Additional Rooms: Formal Dining Room Separate, Formal Living Room Separate
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Concrete
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Common, Parking Pad
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: C-1
  • Parcel Number: 24-22-28-0000-00-075
  • Additional Parcels: No
  • Lot Features: City Lot, In County
  • Property Attached Yn: No
  • Flood Zone Code: x

Rental Info

  • Total Actual Rent: 3600

Multi Family

  • Gross Income: 43200
  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 3497.34
  • Tax Block: 00
  • Tax Book Number: 00
  • Tax Lot: 75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2021
Closed on
Jul 30, 2021
Sold by
Fl Buyers Group Llc
Bought by
Sahadeo Holdings Llc
Seller's Agent
Arthur Love
LA ROSA REALTY ORLANDO LLC
Buyer's Agent
Daniel Pedraza Arango
KONA REALTY SERVICES LLC
List Price
$328,888
Sold Price
$325,000
Premium/Discount to List
-$3,888
-1.18%
Current Estimated Value
$406,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,752
Avg. Annual Appreciation
5.39%
Original Mortgage
$228,000
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Listed on
May 19, 2021
Closed on
Jul 14, 2021
Sold by
Cole Eudellee
Bought by
Fl Buyers Group Llc
Seller's Agent
Arthur Love
LA ROSA REALTY ORLANDO LLC
Buyer's Agent
Daniel Pedraza Arango
KONA REALTY SERVICES LLC
List Price
$328,888
Sold Price
$325,000
Premium/Discount to List
-$3,888
-1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 8, 1999
Sold by
Stennet and Stennet James A
Bought by
Powell Winston R and Cole Eudellee
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
Sahadeo Holdings Llc $326,000 New Beginnings Title Co Llc
Fl Buyers Group Llc $325,000 Nu World Title Llc
Powell Winston R $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sahadeo Holdings Llc $230,750
Previous Owner Sahadeo Holdings Llc $228,000
Previous Owner Powell Winston R $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $325,000 0.0% $130 / Sq Ft
06/27/2021 06/27/21 Pending -- -- --
06/07/2021 06/07/21 Price Changed $325,000 -1.2% $130 / Sq Ft
05/19/2021 05/19/21 For Sale $328,888 -- $132 / 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 $6,126 $339,944 $30,804 $309,140
2024 $5,478 $325,234 $30,804 $294,430
2023 $5,478 $303,290 $30,805 $272,485
2022 $4,890 $259,825 $30,805 $229,020
2021 $3,625 $197,230 $30,805 $166,425
2020 $3,497 $198,642 $30,805 $167,837
2019 $3,381 $200,054 $30,805 $169,249
2018 $1,796 $178,525 $30,805 $147,720
2017 $2,788 $144,811 $30,805 $114,006
2016 $2,656 $141,500 $30,805 $110,695
2015 $2,560 $131,664 $30,805 $100,859
2014 $2,387 $102,311 $30,805 $71,506
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5945294

Stellar MLS

APN: 24-2228-0000-00-075