NOT LISTED FOR SALE

Estimated Value: $1,238,423 - $1,266,000

0.45 Acre
$2,794,124 Price per Acre
19,602 Sq Ft Lot

Last Sold August 14, 2020

Last sale price $837,500 $254 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $8,063/month

21 Days on Market

Highlights

  • 0.45 Acre Lot
  • No HOA
  • Oversized Lot
  • Audubon Park School Rated A-
  • Mature Landscaping
  • 4-minute walk to Big Tree Park

About This Lot

As of August 2020

This .45 acre property is located on a brick street in the heart of the Park Lake/Highland Neighborhood and is adjacent to the Mills 50® District. The neighborhood is within a triangle of the downtowns of Orlando, Winter Park and College Park.The property currently has a four-unit apartment building and zoning could provide the opportunity for multiple dwelling units. The immediate area has seen the development of Eleven on Thorton Townhomes and Irving on Park Townhomes.This property is located 4 blocks from Lake Highland Preparatory School and conveniently located near:Downtown Orlando (1.7 miles)Winter Park (3.7 miles)College Park (2 miles)Mills 50® District (.4 miles)Gaston Edwards Lake Ivanhoe Park (.8 miles)Lake Eola Park (.9 miles)Orange County Courthouse (1.2 miles)Harry P Leu Gardens (1.5 miles)Florida Hospital (1.7 miles)Mead Botanical Garden via Orlando Urban Trail (2.8 miles)

Last Agent to Sell the Property

William Henderson

KELLER WILLIAMS WINTER PARK License #3043800 Listed on: 07/09/2020

KELLER WILLIAMS WINTER PARK

Last Buyer's Agent

Tom Luker

LUKER PROPERTIES GROUP LLC License #3064914

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,906

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 144'x134'
  • East Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Street paved with bricks
  • Property is zoned R-2A/T

Location

  • City Lot

Community Details

  • No Home Owners Association
  • Overstreet Oak Hill Sub Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / A
  • Assessor Parcel Number 29-22-24-6492-01-050

Property Details

Property Type

Land

Est. Annual Taxes

$10,906

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.45
  • Lot Size Sq Ft: 19486
  • Directions to Property: N. Mills Ave to West on Marks St past Eleven on Thorton Townhomes to South on Laurel Ave.
  • Status: Sold
  • Total Acreage: 1/4 to less than 1/2
  • Subdivision Num: 6492
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.90541
  • Price per Sq Ft: 42.98
  • Close to Original List Price Ratio: 0.90541
  • View: No
  • Co List Office Mls Id: 261012230
  • Co List Office Phone: 407-545-6430
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 828

Exterior Features

  • Direction Faces: East
  • Other Structures: Other
  • Road Frontage Type: City Street
  • Waterfront: No
  • Road Surface Type: Street Brick, Other
  • Water View Y N: No
  • Front Footage: 144
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Natural Gas Available, Public, Sewer Connected, Sprinkler Meter, Water - Multiple Meters, Water Connected
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: R-2A/T
  • Parcel Number: 29-22-24-6492-01-050
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: City Lot, Oversized Lot
  • Lot Dimensions: 144'X134'
  • Price Per Acre: 1861111
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25
  • Current Adjacent Use: Residential
  • Zoning Compatible Y N: Yes

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 10906
  • Tax Block: A
  • Tax Book Number: F/17
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2020
Closed on
Aug 14, 2020
Sold by
Laurel Avenue Apartments Llc
Bought by
828 Laurel Llc
Seller's Agent
William Henderson
KELLER WILLIAMS WINTER PARK
Buyer's Agent
Tom Luker
LUKER PROPERTIES GROUP LLC
List Price
$925,000
Sold Price
$837,500
Premium/Discount to List
-$87,500
-9.46%
Current Estimated Value
$1,233,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,323
Avg. Annual Appreciation
7.73%

Purchase Details

Closed on
Nov 28, 2012
Sold by
Slater Richard J and Slater Diane
Bought by
Laurel Avenue Apartments Llc

Purchase Details

Closed on
Sep 21, 2012
Sold by
828 Laurel Avenue Llc
Bought by
Slater Richard J and Slater Diane

Purchase Details

Closed on
Jul 20, 2009
Sold by
Bynum Fred J and Melara German O
Bought by
828 Laurel Avenue Llc

Purchase Details

Closed on
Aug 30, 2004
Sold by
Platt Ruth L
Bought by
Bynum Fred Jackson and Melara German O
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
828 Laurel Llc $837,500 Edgewater Title Company
Laurel Avenue Apartments Llc -- None Available
Slater Richard J $405,000 None Available
828 Laurel Avenue Llc -- Attorney
Bynum Fred Jackson $685,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Platt Ruth L $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $837,500 -9.5% $254 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $925,000 -- $281 / 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 $16,074 $931,504 -- --
2024 $15,154 $854,890 $325,000 $529,890
2023 $15,154 $811,779 $325,000 $486,779
2022 $13,841 $733,448 $323,420 $410,028
2021 $13,142 $683,718 $323,420 $360,298
2020 $10,294 $548,484 $323,420 $225,064
2019 $10,907 $550,520 $323,420 $227,100
2018 $10,829 $544,927 $323,420 $221,507
2017 $10,316 $539,443 $323,420 $216,023
2016 $9,864 $523,853 $314,000 $209,853
2015 $9,122 $464,624 $264,000 $200,624
2014 $8,294 $403,231 $245,000 $158,231
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5876238

Stellar MLS

APN: 24-2229-6492-01-050