NOT LISTED FOR SALE
-- Bed
-- Bath
1,112 Sq Ft
0.46 Acres

Last Sold May 01, 2019

Last sale price $665,000 $598 Per Sq Ft

45 Days on Market

Highlights

  • 0.46 Acre Lot
  • No HOA
  • Inside Utility
  • Wood Flooring
  • Balcony
  • Central Heating and Cooling System

About This Home

As of May 2019

This property is a 2 story building on Silver Star Road, Orlando, there are a total of 8 units all are 2 bed/2 bath.
They are all in good condition all have central A/C Seven of the tenants are paying $ 775.00 a month, 1 tenant paying $ 700 ( they have occupied the unit since 2015 )
Built in 1983 exterior is concrete/ block and stucco. A new shingle roof was installed in 2017.
The outside has just been repainted and new plants installed along the front.
It is always occupied there is not a lot of turnover of tenants.
All financials available including rent roll expenses and income, figures do show an excellent return.
Property manager in place for the last 3 years the property has been well maintained The owner is looking to buy something larger.

Last Agent to Sell the Property

Kati Hughes

NEW WORLD REAL ESTATE License #610245 Listed on: 02/22/2019

Last Buyer's Agent

Pat Pateau

ZENITH HOMES CENTER LLC License #3026494

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,564

Year Built

  • Built in 1983

Lot Details

  • 0.46 Acre Lot
  • Irrigation

Home Design

  • Block Exterior
  • Stucco

Interior Spaces

  • 1,112 Sq Ft Home
  • Inside Utility
  • Range

Flooring

  • Wood
  • Carpet

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Phone Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Willis R Mungers Land Sub Subdivision

Building Details

  • Gross Income $71,650

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,564

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Multi-Family
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 1112
  • Lot Size Acres: 0.46
  • New Construction: No
  • Year Built: 1983
  • Lot Size Sq Ft: 20221
  • Tenant Pays: Electricity
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5765220&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5765220&cview=true&show_results=true&customer_portal=true
  • Unit Count: 1
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.91724
  • Price per Sq Ft: 598.02
  • Close to Original List Price Ratio: 0.89262
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Hardwood
  • Appliances Included: Range, Refrigerator
  • Levels: One
  • Additional Rooms: Inside Utility
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Balcony, Irrigation System
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12095C0230F

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Phone Available, Public, Sewer Connected, Street Lights, Water - Multiple Meters
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Deposits Y N: No

Lot Info

  • Zoning: C-3
  • Parcel Number: 13-22-28-5844-00-452
  • Additional Parcels: No
  • Lot Dimensions: 0
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 6125

Multi Family

  • Gross Income: 71650
  • Number Of Units Total: 8

Tax Info

  • Tax Annual Amount: 6564
  • Tax Block: 00
  • Tax Book Number: E-3
  • Tax Lot: 45
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2019 05/01/19 Sold $665,000 -8.3% $598 / Sq Ft
04/06/2019 04/06/19 Pending -- -- --
03/26/2019 03/26/19 Price Changed $725,000 -2.7% $652 / Sq Ft
02/20/2019 02/20/19 For Sale $745,000 -- $670 / 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 $13,867 $977,924 -- --
2024 $12,446 $889,022 -- --
2023 $12,446 $904,240 $136,000 $768,240
2022 $11,077 $778,158 $120,000 $658,158
2021 $9,602 $607,214 $112,000 $495,214
2020 $9,316 $608,704 $112,000 $496,704
2019 $7,065 $435,903 $64,000 $371,903
2018 $6,916 $421,361 $64,000 $357,361
2017 $6,564 $395,419 $56,000 $339,419
2016 $5,649 $333,137 $56,000 $277,137
2015 $5,631 $331,145 $56,000 $275,145
2014 $5,097 $288,819 $72,000 $216,819
Source: Public Records

Agents Affiliated with this Home

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Source: Stellar MLS

MLS Number: O5765220

Stellar MLS