NOT LISTED FOR SALE

8503 La Isla Dr Kissimmee, FL 34747

Estimated Value: $566,012 - $615,000

7 Beds
6.5 Baths
3,123 Sq Ft
$188/Sq Ft Est. Value

Last Sold January 13, 2022

Last sale price $515,000 $165 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,143/month

3 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Furnished
  • Private Pool
  • Main Floor Primary Bedroom
  • Tennis Courts

About This Home

As of January 2022

We have the pleasure to present this Beautiful property located at Emerald Island Resort a Luxury Decorated Fully Furnished Home with a sparkling Pool. This 7 Bedrooms and 5 Full Bathrooms plus a half bath with Formal Living/ Dining Room.The Family Room opens to a gourmet fully equipped Kitchen with island granite counter top plus all appliances included located just 9 minutes from Disneyworld, Shopping, Outlet Mall and the best restaurants in the Kissimmee / Orlando area. A fantastic opportunity for a Vacation Home or Primary Residence. This is a MOVE-IN READY HOME, TURN KEY AND ALREADY IN A GREAT RENTAL PROGRAM.

Last Agent to Sell the Property

Moana Schiavo

PREMIER CAPITAL REALTY LLC License #3224358 Listed on: 12/08/2021

Last Buyer's Agent

Charlie Akduman

REGENCY REAL ESTATE LLC License #3405527

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,230

Year Built

  • Built in 2004

Lot Details

  • 8,407 Sq Ft Lot
  • West Facing Home
  • Property is zoned OPUD

HOA Fees

  • $347 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,123 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Family Room Off Kitchen

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Reclaimed Water Irrigation System
  • Private Pool

Listing and Financial Details

Community Details

Overview

  • Emerald Island Resort Master Homeowners Ass. Inc Association
  • Emerald Island Resort Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Park

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,230

Year Built

Built in 2004

Lot Details

0

HOA Fees

$347 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 3123
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 2004
  • Building Area Total: 3859
  • Lot Size Sq Ft: 8407
  • Directions to Property: Driving on I-4 south to 192 west left onto Formosa Gardens Blvd right onto Funnie Stead Rd. 1/4 mile to Emerald Island on left. Drive through the gate and up Emerald Island Blvd left on La Isla 8503 on left
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5990303?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5990303?w=Customer
  • Homestead Y N: No
  • Number Of Pets: 1
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: Yes
  • Subdivision Num: 3054
  • Call Center Phone Number: 4078008084
  • Ratio: Close Price\List Price: 0.9717
  • Price per Sq Ft: 164.91
  • Close to Original List Price Ratio: 0.9717
  • Ratio: Current Price\Building Area Total: 133.45
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Master Bedroom Main Floor
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 7
  • Levels: Two
  • Spa Yn: No
  • Stories: 2
  • Street Number Modifier: 8503
  • Room Count: 11

Exterior Features

  • Direction Faces: West
  • Exterior Features: Irrigation System
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Asphalt
  • 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: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sprinkler Recycled
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Fitness, Gated Community, Park, Playground, Pool, Tennis Courts
  • Association Fee: 346.5
  • Association Fee Frequency: Monthly
  • Association Name: Emerald Island Resort Master Homeowners Ass. Inc
  • Association: Yes
  • Senior Community: No
  • Condo Fees Term: Monthly
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 4158
  • Monthly HOA Fee: 346.5
  • Total Monthly Fees: 346.5

Lot Info

  • Zoning: OPUD
  • Parcel Number: 09-25-27-3054-0001-0020
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 35
  • Minimum Lease: 1-7 Days
  • Approval Process: The buyer is responsible for Approval Process
  • Pet Restrictions: The buyer is responsible for Pet Restrictions.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: The buyer is responsible for Additional Lease Restrictions

Tax Info

  • Tax Annual Amount: 4230
  • Tax Block: 0001
  • Tax Book Number: 0014/0037
  • Tax Lot: 0020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2021
Closed on
Jan 12, 2022
Sold by
Rio Formoso Investments Llc
Bought by
Fmf Investment Llc
Seller's Agent
Moana Schiavo
PREMIER CAPITAL REALTY LLC
Buyer's Agent
Charlie Akduman
REGENCY REAL ESTATE LLC
List Price
$530,000
Sold Price
$515,000
Premium/Discount to List
-$15,000
-2.83%
Current Estimated Value
$587,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,003
Avg. Annual Appreciation
3.72%
Original Mortgage
$412,000
Outstanding Balance
$382,799
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$204,316

Purchase Details

Closed on
May 4, 2010
Sold by
Smith Carl and Smith Linda
Bought by
Rio Formoso Investments Llc

Purchase Details

Closed on
Apr 25, 2007
Sold by
Smith Carl and Halteman Alan
Bought by
Smith Carl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2004
Sold by
Reed Russ and Reed Karen
Bought by
Smith Carl and Halteman Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2004
Sold by
Park Square Enterprises Inc
Bought by
Reed Russ and Reed Karen
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
Fmf Investment Llc $515,000 New Title Company Name
Rio Formoso Investments Llc $295,000 Stewart Title Of Four Corner
Smith Carl -- Attorney
Smith Carl $480,000 --
Reed Russ $328,100 Millenia Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fmf Investment Llc $412,000
Previous Owner Smith Carl $435,000
Previous Owner Smith Carl G $750,000
Previous Owner Smith Carl $384,000
Closed Smith Carl $47,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2022 01/13/22 Sold $515,000 -2.8% $165 / Sq Ft
12/11/2021 12/11/21 Pending -- -- --
12/08/2021 12/08/21 For Sale $530,000 -- $170 / 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 $7,173 $511,100 $85,800 $425,300
2023 $7,173 $489,900 $73,500 $416,400
2022 $5,404 $409,200 $63,000 $346,200
2021 $5,042 $308,300 $44,000 $264,300
2020 $4,725 $285,900 $44,000 $241,900
2019 $4,626 $273,900 $41,400 $232,500
2018 $4,589 $273,800 $36,800 $237,000
2017 $4,838 $283,600 $39,100 $244,500
2016 $5,071 $296,800 $39,100 $257,700
2015 $5,300 $304,500 $39,100 $265,400
2014 $5,010 $288,800 $39,100 $249,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5990303

Stellar MLS

APN: 09-25-27-3054-0001-0020