NOT LISTED FOR SALE
-- Bed
-- Bath
4,198 Sq Ft
7,405 Sq Ft Lot

Last Sold November 30, 2017

Last sale price $825,000 $197 Per Sq Ft

29 Days on Market

Highlights

  • Oak Trees
  • Property is near public transit
  • Ceramic Tile Flooring
  • Winter Springs High School Rated A-
  • No HOA
  • Central Heating and Cooling System

About This Home

As of November 2017

14 Rental Units in 3 Parcels, Generating over $9000 per month in gross rental income, with potential of $10K monthly given current market conditions. Located in Longwood approximately 1/2 mile from Longwood Sunrail Station. 1, 2, & 3 Bedroom Units, all with Central AC, & all Kitchen Appliances. Currently 100% rented, and easily kept at full capacity. See Attachments for Income Details for 2017 year to date. Reference 421 e Magnolia (ML #O5522166) and 427 e Magnolia Ave (ML # O5522170). Buyer MUST purchase all 3 units due to only 1 parking lot and 1 dumpster for all 3 buildings, and only 2 water meters for all 3 buildings. Property has 5 septic tanks on property, buyer does have option to connect to City of Longwood lift station on adjoining property. See attachments for current year to date financials

Last Agent to Sell the Property

Deborah Dapore

DAPORE REALTY INC License #659703 Listed on: 07/24/2017

Co-Listed By

Chris Dapore

DAPORE REALTY INC License #486018

Last Buyer's Agent

Moe Musleem

LEGACY GROUP OF ORLANDO LLC License #3294536

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,133

Year Built

  • Built in 1983

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 51x145
  • Street terminates at a dead end
  • West Facing Home
  • Fenced
  • Oak Trees
  • Additional Parcels

Parking

  • Open Parking

Home Design

  • Bi-Level Home
  • Quadruplex
  • Wood Frame Construction
  • Shingle Roof
  • Siding

Interior Spaces

  • 4,198 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 32-20-30-300-015E-0000
  • Tax Block 015E

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units
  • Dapore Realty 407 324 9182 Association

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $108,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,133

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Siding, Wood Frame
  • Fireplace: No
  • Living Area: 4198
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 1983
  • Lease Term: Twenty Four Months
  • Lot Size Sq Ft: 7405
  • Number Of Lots: 3
  • Status: Sold
  • Street Direction: E
  • Co List Office Mls Id: MFR261010581
  • Co List Office Phone: 407-324-9182
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • RATIO Current Price By Calculate: 196.52
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Water Access YN: 0
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Levels: Two
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Fence, Sidewalk
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12117C0155F

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None, Open

Utilities

  • Utilities: Electricity Connected, Fire Hydrant
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association Name: Dapore Realty 407-324-9182
  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None
  • Management: Professional Off Site

Lot Info

  • Zoning: MDU
  • Parcel Number: 32-20-30-300-015E-0000
  • Additional Parcels: Yes
  • Lot Features: City Limits, Near Public Transit, Street Dead-End
  • Lot Dimensions: 51x145
  • Property Attached Yn: Yes
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Total Actual Rent: 9040

Multi Family

  • Gross Income: 108000
  • Number Of Units Total: 4
  • Total Num Buildings: 3
  • Unit Count: 3
  • Est Annual Market Income: 117000.00

Tax Info

  • Tax Annual Amount: 3133
  • Tax Block: 015E
  • Tax Book Number: 1-51
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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
03/01/2018 03/01/18 Off Market $825,000 -- --
11/30/2017 11/30/17 Sold $825,000 -25.0% $197 / Sq Ft
08/23/2017 08/23/17 Pending -- -- --
07/24/2017 07/24/17 For Sale $1,100,000 -- $262 / 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 $5,399 $397,269 $40,000 $357,269
2024 $4,664 $272,554 -- --
2023 $4,120 $247,776 $0 $0
2021 $3,362 $204,774 $40,000 $164,774
2020 $3,380 $204,407 $0 $0
2019 $3,334 $199,068 $0 $0
2018 $3,252 $191,920 $0 $0
2017 $3,219 $186,949 $0 $0
2016 $3,133 $171,971 $0 $0
2015 $2,862 $168,201 $0 $0
2014 $2,862 $153,986 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Stellar MLS

MLS Number: O5522182

Stellar MLS

APN: 32-20-30-300-015E-0000

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