NOT LISTED FOR SALE

8761 the Esplanade Unit 25 Orlando, FL 32836

Dr. Phillips Neighborhood

Estimated Value: $769,361 - $864,000

4 Beds
3 Baths
3,475 Sq Ft
$692/mo HOA Fee

Last Sold May 31, 2018

Last sale price $710,000 $204 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,914/month

82 Days on Market

Highlights

  • 46 Feet of Waterfront
  • Boat Dock
  • In Ground Pool
  • Bay Meadows Elementary School Rated A-
  • Fitness Center
  • Fishing

About This Home

As of May 2018

Light and Bright with a spacious open floor plan is the first thing that comes to mind when describing this beautiful 4 bedroom contemporary condo in the guard gated neighborhood of Vizcaya. This corner unit enjoys plenty of natural daylight with breathtaking double lake views, sunrises, and fireworks from area attractions. As you enter you will immediately notice the designer porcelain tiles and modern light fixtures throughout the living areas. The kitchen is fully equipped with 42” wood cabinetry, granite counter tops, and stainless steel appliances. Prepare to be amazed with the oversized family room that spans 32 feet long with plenty of room for entertaining or just relaxing and enjoying the panoramic lake views. The master suite boasts premium wood floors, a large walk in closet, master bathroom with a jetted tub, walk in shower, and separate dual vanities. The other bedrooms are located in the front side of condo and also enjoy lake views, wood flooring, and plantation shutters. The guest bedroom includes its own bathroom and closet. This spectacular condo comes with underground parking, a storage unit, access to the community clubhouse, pool, tennis courts, and fitness center. Vizcaya is a short distance to the famous Restaurant Row, zoned for “A” rated schools, and is a great location to Universal Studios, Disney World, the airport, and other Orlando attractions. Don’t miss the opportunity in owning one of the nicest floor plans in the neighborhood.

Last Agent to Sell the Property

Simon Simaan

THE SIMON SIMAAN GROUP License #3265503 Listed on: 02/01/2018

Last Buyer's Agent

Michael Julian

JULIAN PROPERTIES, INC. License #641125

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,858

Year Built

  • Built in 2004

Lot Details

  • 46 Feet of Waterfront
  • Property fronts a lake that is connected to a chain of lakes
  • End Unit
  • North Facing Home

HOA Fees

  • $692 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Contemporary Architecture
  • Spanish Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,475 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room
  • Chain Of Lake Views
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Porcelain Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated Spa

Outdoor Features

  • Access To Chain Of Lakes
  • Fishing Pier
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage

Schools

  • Bay Meadows Elementary School
  • Southwest Middle School
  • Dr. Phillips High School

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, private road, recreational facilities, security, sewer, trash, water
  • High-Rise Condominium
  • Vizcaya Heights Condo 02 Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 6-Story Property

Amenities

  • Elevator

Recreation

  • Boat Dock
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Fishing
  • Park

Pet Policy

  • Pets up to 101 lbs
  • 2 Pets Allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,858

Year Built

Built in 2004

Lot Details

0

HOA Fees

$692 per month

Parking

1

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary, Spanish/Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3475
  • Lot Size Acres: 0.44
  • New Construction: No
  • Year Built: 2004
  • Building Area Total: 3475
  • Lot Size Sq Ft: 18999
  • Directions to Property: Head West on Sand Lake Rd from I-4, Left on The Esplanade, Building is on the Right.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5560140&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5560140&cview=true&show_results=true&customer_portal=true
  • Floor Number: 5
  • Homestead Y N: No
  • Number Of Pets: 2
  • Home Warranty Y N: No
  • Property Description: Corner Unit, High Rise
  • Ratio: Close Price\List Price: 0.97931
  • Price per Sq Ft: 204.32
  • Close to Original List Price Ratio: 0.97931
  • Ratio: Current Price\Building Area Total: 204.32
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Porcelain Tile, Hardwood
  • Full Bathrooms: 3
  • Interior Amenities: Built in Features, Eating Space In Kitchen, Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 6
  • Window Features: Blinds
  • Street Number Modifier: 8761
  • Room Count: 9
  • Additional Rooms: Family Room, Formal Dining Room Separate, Formal Living Room Separate
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Other Structures: Storage
  • Pool Features: In Ground
  • Exterior Features: Balcony, Lighting, Sliding Doors, Storage
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Water Body Name: Big Sand Lake
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Road Surface Type: Paved
  • Water View: Lake - Chain of Lakes
  • Water Access: Lake - Chain of Lakes
  • Water Extras: Fishing Pier
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12095C0405F
  • Waterfront Frontage: 46
  • Water Frontage Feet Lake Chain: 46

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Underground
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Public
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fishing, Fitness, Gated Community, Park, Pool, Tennis Courts, Water Access, Waterfront Complex
  • Association Amenities: Boat Dock, Elevator(s), Fitness Center, Gated, Maintenance, Park, Security, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Fire Sprinkler System, Gated Community, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 692
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 692
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 8304
  • Total Monthly Fees: 692

Schools

  • Elementary School: Bay Meadows Elem
  • High School: Dr. Phillips High
  • Middle Or Junior School: Southwest Middle

Lot Info

  • Zoning: P-D
  • Parcel Number: 35-23-28-8980-07-250
  • Additional Parcels: No
  • Lot Features: In County
  • Millage Rate: 16.77
  • Flood Zone Code: AE
  • Flood Zone Date: 2009-09-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 101
  • Minimum Lease: 7 Months
  • Pet Restrictions: Per HOA Covenants
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Per HOA Covenants and County

Tax Info

  • Tax Annual Amount: 9858
  • Tax Block: 7
  • Tax Book Number: 7240-3475
  • Tax Lot: 250

Multi Family

  • Waterfront Features: Lake - Chain of Lakes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2018
Closed on
May 31, 2018
Sold by
Hyslop Carl
Bought by
Lounsberry Ortiz Luis Javier Goveo and Lounsberry Goveo Wendy Scofield
Seller's Agent
Simon Simaan
THE SIMON SIMAAN GROUP
Buyer's Agent
Michael Julian
JULIAN PROPERTIES, INC.
List Price
$725,000
Sold Price
$710,000
Premium/Discount to List
-$15,000
-2.07%
Current Estimated Value
$817,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,120
Avg. Annual Appreciation
1.94%
Original Mortgage
$532,500
Outstanding Balance
$459,482
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$357,638

Purchase Details

Closed on
Apr 9, 2015
Sold by
Objective Solutions Sweden Ab
Bought by
Hyslop Carl

Purchase Details

Closed on
Jun 29, 2010
Sold by
Us Bank National Association
Bought by
Objective Solutions Sweden Ab

Purchase Details

Closed on
May 6, 2010
Sold by
Vivoda Margaret A and Vivoda Dario R
Bought by
Us Bank National Association

Purchase Details

Closed on
Mar 26, 2004
Sold by
Applied Building Development Of Orlando
Bought by
Vivoda Dario V and Vivoda Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
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
Lounsberry Ortiz Luis Javier Goveo $710,000 First American Title Insuran
Hyslop Carl -- None Available
Objective Solutions Sweden Ab $525,000 North American Title Company
Us Bank National Association -- None Available
Vivoda Dario V $473,400 Enterprise Title Of Central
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lounsberry Ortiz Luis Javier Goveo $532,500
Previous Owner Vivoda Dario V $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2018 05/31/18 Sold $710,000 -2.1% $204 / Sq Ft
04/25/2018 04/25/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $725,000 -- $209 / 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 $10,472 $702,000 -- $702,000
2024 $9,244 $642,900 -- $642,900
2023 $9,244 $590,800 $118,160 $472,640
2022 $10,903 $695,000 $139,000 $556,000
2021 $11,113 $695,000 $139,000 $556,000
2020 $10,755 $695,000 $139,000 $556,000
2019 $11,226 $695,000 $139,000 $556,000
2018 $10,796 $695,000 $139,000 $556,000
2017 $9,858 $622,000 $124,400 $497,600
2016 $9,906 $660,300 $132,060 $528,240
2015 $9,240 $597,700 $119,540 $478,160
2014 $7,967 $474,400 $94,880 $379,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5560140

Stellar MLS

APN: 35-2328-8980-07-250