NOT LISTED FOR SALE

Estimated Value: $665,000 - $871,000

7 Beds
6 Baths
3,360 Sq Ft
$233/Sq Ft Est. Value

Sale Details

Date Sold: March 12, 2012

Last sale price $425,000 $126 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $4,856 / mo

29 Days on Market

Highlights

  • Heated Indoor Pool
  • 0.39 Acre Lot
  • Cathedral Ceiling
  • Gated Community
  • Deck
  • Attic

About This Home

As of March 2012

Short Sale -Active with ContractFormosa Gardens is the most exclusive vacation rental community in Central Florida. It is the closest possible development to Disney, less than 3 miles from the Disney World exit. This beautiful Disney themed 7 bedroom estate comes with TVs in every bedroom, a front sitting area, computer with high speed internet, big screen TV w/ DVD player and your own game room with pool table, air hockey, children's toys and Play Station 2. When you step out the back door into your own private pool area, you'll alsofind designer patio furniture, as well as a BBQ grill for outdoor dining. A children's play set is also included with the property. The estate home also features a fully equipped and wonderfully decorated kitchen including all major appliances. Many rental bookings already in place if short term mgmt. continues with current mgmt. company.

Last Agent to Sell the Property

Hope Andrews

COLDWELL BANKER REALTY License #3033541 Listed on: 09/26/2011

COLDWELL BANKER REALTY

Co-Listed By

Bobby Christiano

COLDWELL BANKER REALTY License #3157421

Last Buyer's Agent

Bernard Scarpa

AMERICAN IDEAL HOMES, LLC License #3203341

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,505

Year Built

  • Built in 2003

Lot Details

  • 17,148 Sq Ft Lot
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Property is zoned OPUD

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Rear-Facing Garage
  • Side Facing Garage

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,360 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Rods
  • Family Room Off Kitchen
  • Breakfast Room
  • Formal Dining Room
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • 6 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Heated Indoor Pool
  • Screened Pool
  • Saltwater Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 0350 / 0001
  • Assessor Parcel Number 03-25-27-3202-0001-0350

Community Details

Overview

  • Formosa Gdns Unit 2 Subdivision
  • The community has rules related to deed restrictions

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,505

Year Built

Built in 2003

Lot Details

0.39 Acres

HOA Fees

$50 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3360
  • Lot Size Acres: 0.39
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 4115
  • Lot Size Sq Ft: 17148
  • Status: Sold
  • Co List Office Mls Id: MFR59174E
  • Co List Office Phone: 407-588-1800
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • RATIO Current Price By Calculate: 126.49
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Tax Year: 2010
  • Special Features: 12

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 6
  • Interior Amenities: Attic, Cathedral Ceiling(s), Ceiling Fans(s), High Ceilings, Kitchen/Family Room Combo, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 7
  • Levels: Two
  • Spa Yn: Yes
  • Window Features: Blinds, Rods
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Attic,Breakfast Room Separate,Formal Dining Room Separate

Exterior Features

  • Pool Features: Heated, Indoor, Salt Water, Screen Enclosure
  • Exterior Features: Irrigation System, Rain Gutters
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water View YN: 0

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Faces Rear, Garage Faces Side

Utilities

  • Utilities: Electricity Connected, Fire Hydrant, Gas, Public
  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Private, Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated
  • Association Amenities: Gated
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 600.00
  • Total Monthly Fees: 50.00

Lot Info

  • Zoning: OPUD
  • Parcel Number: 03-25-27-3202-0001-0350
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk, Paved
  • Future Land Use: 0111

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2012-03-12T00:00:00.000

Tax Info

  • Tax Annual Amount: 6505
  • Tax Block: 0001
  • Tax Book Number: 0014/0025
  • Tax Lot: 0350

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2013
Sold by
Wu Ziqiang and Hwang Tyng J
Bought by
Wu Ziqiang and Hwang Tyng J
Current Estimated Value
$761,674

Purchase Details

Listed on
Sep 26, 2011
Closed on
Mar 9, 2012
Sold by
Selene Rmof Reo Acquisition Llc
Bought by
Wu Ziqiang
Seller's Agent
Hope Andrews
COLDWELL BANKER REALTY
Buyer's Agent
Bernard Scarpa
AMERICAN IDEAL HOMES, LLC
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.46%
Original Mortgage
$340,000
Outstanding Balance
$38,860
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$745,669

Purchase Details

Listed on
Sep 26, 2011
Closed on
Mar 6, 2012
Sold by
Wells Fargo Bank Na
Bought by
Selene Rmof Reo Acqusition Llc
Seller's Agent
Hope Andrews
COLDWELL BANKER REALTY
Buyer's Agent
Bernard Scarpa
AMERICAN IDEAL HOMES, LLC
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Outstanding Balance
$38,860
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$745,669

Purchase Details

Listed on
Sep 26, 2011
Closed on
Feb 22, 2012
Sold by
Reed Elizabeth
Bought by
Wells Fargo Bank Na
Seller's Agent
Hope Andrews
COLDWELL BANKER REALTY
Buyer's Agent
Bernard Scarpa
AMERICAN IDEAL HOMES, LLC
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Outstanding Balance
$38,860
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$745,669

Purchase Details

Closed on
Nov 14, 2006
Sold by
Finn Thomas M and Finn Deborah S
Bought by
Reed Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 2004
Sold by
Pensa Bruce F and Pensa Pat S
Bought by
Finn Thomas M and Finn Deborah S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$473,600
Interest Rate
5.66%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 14, 2003
Sold by
K B Home Orlando L L C
Bought by
Pensa Bruce Frederich and Pensa Pat S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
5.17%
Source: Public Records
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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
Wu Ziqiang -- None Available
Wu Ziqiang $425,000 Integrity National Title Inc
Selene Rmof Reo Acqusition Llc -- Integrity National Title Inc
Wells Fargo Bank Na $425,000 Attorney
Reed Elizabeth $1,020,000 Attorney
Finn Thomas M $770,000 --
Pensa Bruce Frederich $447,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Ziqiang $340,000
Previous Owner Reed Elizabeth $765,000
Previous Owner Finn Thomas M $473,600
Previous Owner Pensa Bruce Frederich $399,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2014 06/16/14 Off Market $425,000 -- --
03/12/2012 03/12/12 Sold $425,000 0.0% $126 / Sq Ft
10/26/2011 10/26/11 Pending -- -- --
09/26/2011 09/26/11 For Sale $425,000 -- $126 / Sq Ft
Source: Stellar MLS

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 $8,832 $672,500 $143,800 $528,700
2024 $8,202 $703,700 $143,800 $559,900
2023 $8,202 $461,010 $0 $0
2022 $7,349 $568,500 $54,000 $514,500
2021 $6,129 $381,000 $45,400 $335,600
2020 $6,016 $371,800 $45,400 $326,400
2019 $6,368 $388,200 $45,400 $342,800
2018 $6,836 $420,000 $45,400 $374,600
2017 $7,063 $425,000 $45,400 $379,600
2016 $6,971 $416,000 $45,400 $370,600
2015 $6,947 $407,300 $45,400 $361,900
2014 $6,540 $398,900 $45,400 $353,500
Source: Public Records

Agents Affiliated with this Home

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Source: Stellar MLS

MLS Number: O5065570

Stellar MLS

APN: 03-25-27-3202-0001-0350

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