NOT LISTED FOR SALE

Orlando, FL 32803

Colonialtown South Neighborhood

Estimated Value: $420,000 - $985,000

4 Beds
3 Baths
2,234 Sq Ft
$362/Sq Ft Est. Value

Last Sold July 16, 2018

Last sale price $535,000 $239 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,964/month

52 Days on Market

Highlights

  • The property is located in a historic district
  • Attic
  • No HOA
  • Wood Flooring
  • Corner Lot
  • Covered Patio or Porch

About This Home

As of July 2018

Outstanding location, walking distance to all of Downtown Orlando and Thornton Park's restaurants, shopping, offices, YMCA, Lake Eola Park and more! In addition to this well maintained 1920's triplex, there is a detached 1,200 square foot concrete block structure on the back of the corner lot, which has been used as storage and could be rented as storage for extra income, or used by the owner for storage. Zoning does NOT allow the detached building to be occupied as an additional residence. Hardwood floors in all three units, central air and heat, each apartment is metered separately. The main apartment is a two story and features, large living room, French doors between living and dining, inside laundry, large kitchen with gas cooking, gas hot water, one full bath downstairs, and one full bath upstairs with the two large bedrooms each have a large closet. One of the two 1/1 units is located downstairs and the other located upstairs on the back of the building. New shingle roof on the triplex was installed in 2017.

Last Agent to Sell the Property

James Lyon

COLLADO REAL ESTATE License #475476 Listed on: 04/23/2018

COLLADO REAL ESTATE

Last Buyer's Agent

Christopher Kellom

ARK REALTY LLC License #3280951

ARK REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,670

Year Built

  • Built in 1925

Lot Details

  • 10,336 Sq Ft Lot
  • Lot Dimensions are 76x135
  • Corner Lot
  • Street paved with bricks

Home Design

  • Triplex
  • Bi-Level Home
  • Wood Frame Construction
  • Shingle Roof
  • Membrane Roofing
  • Siding

Interior Spaces

  • 2,234 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Location

  • The property is located in a historic district
  • City Lot

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • J E Groves Sub Subdivision

Pet Policy

  • No Pets Allowed

Building Details

  • Gross Income $40,620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,670

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Construction Materials: Siding, Wood Frame
  • Fireplace: Yes
  • Living Area: 2234
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1925
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 10336
  • Tenant Pays: Electricity, Trash Collection
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5702727&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5702727&cview=true&show_results=true&customer_portal=true
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.97273
  • Price per Sq Ft: 239.48
  • Close to Original List Price Ratio: 0.93043
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Vinyl, Hardwood
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Levels: Two
  • Additional Rooms: Attic
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Storage
  • Exterior Features: Sidewalk
  • Roof: Membrane, Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch
  • Road Surface Type: Street Brick
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12095C0265F
  • Disclosures: Lead Paint

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Gas, Sewer Connected, Street Lights
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Deposits Y N: Yes

Lot Info

  • Zoning: R-2A/T/HP
  • Parcel Number: 25-22-29-3228-03-160
  • Additional Parcels: No
  • Lot Features: Corner Lot, Historic District, City Lot, Sidewalk
  • Lot Dimensions: 76x135
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Total Actual Rent: 3385

Multi Family

  • Gross Income: 40620
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 6670
  • Tax Block: C
  • Tax Book Number: F-62
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2018
Closed on
Jul 13, 2018
Sold by
A & L Investments Of Central Florida Inc
Bought by
Akinhanmi Lawrence Opeyemi
Seller's Agent
James Lyon
COLLADO REAL ESTATE
Buyer's Agent
Christopher Kellom
ARK REALTY LLC
List Price
$575,000
Sold Price
$535,000
Premium/Discount to List
-$40,000
-6.96%
Current Estimated Value
$809,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,542
Avg. Annual Appreciation
5.65%
Original Mortgage
$401,250
Outstanding Balance
$347,743
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$461,799
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
Akinhanmi Lawrence Opeyemi $535,000 Fidelity National Title Of F
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akinhanmi Lawrence Opeyemi $401,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2018 07/16/18 Sold $535,000 -2.7% $239 / Sq Ft
06/14/2018 06/14/18 Pending -- -- --
05/09/2018 05/09/18 Price Changed $550,000 -4.3% $246 / Sq Ft
04/23/2018 04/23/18 For Sale $575,000 -- $257 / 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 $9,137 $552,984 -- --
2024 $8,730 $537,399 -- --
2023 $8,730 $507,043 $0 $0
2022 $8,491 $492,275 $0 $0
2021 $8,365 $477,937 $185,000 $292,937
2020 $8,858 $480,520 $185,000 $295,520
2019 $9,403 $483,102 $185,000 $298,102
2018 $7,116 $358,645 $157,300 $201,345
2017 $6,670 $341,009 $143,000 $198,009
2016 $6,327 $325,903 $132,000 $193,903
2015 $5,902 $295,850 $120,000 $175,850
2014 $5,253 $243,834 $115,000 $128,834
Source: Public Records

Agents Affiliated with this Home

  • James Lyon

    Seller's Agent in 2018

    James Lyon

    COLLADO REAL ESTATE

    (407) 426-8000

    48 Total Sales

    James Lyon
    Section Image
  • Christopher Kellom

    Buyer's Agent in 2018

    Christopher Kellom

    ARK REALTY LLC

    (407) 860-0652

    18 Total Sales

    Christopher Kellom
    Section Image
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Source: Stellar MLS

MLS Number: O5702727

Stellar MLS

APN: 25-2229-3228-03-160

Florida Orange County Orlando 32801

Colonialtown South

Not Listed for Sale

MultiFamily

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