by RH Advisors

See Home Value
$560,000
House - Off Market

1012 Venetian AVENUE

ORLANDO, FL 32804
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1632 Sqft
$3,418
Estimated Monthly
$0
HOA / Fees
4.20%
Cap Rate

About This Property

This investment opportunity in the historic College Park district sounds promising. The property has already been approved to be split into two lots. The lot size is 100x140 (the lots can be split into two 50X140 lots going back to original designation of 1010 and 1012) and it has already been rezoned from R-1 to R-1A. The location of the property is advantageous, being across the street from Bishop Moore High School and St. Charles. It is also close to Edgewater High School, College Park Middle School, and 1.5 miles from downtown College Park.

Additionally, the property is close to the new upcoming Packing District and the new YMCA. Its proximity to I-4 makes it easily accessible, with downtown Winter Park and downtown Orlando only 15 minutes away and Florida Hospital just 10 minutes away.

The property already has gas provided by TECO and utilizes a septic system. The existing house on the property is a 3-bedroom, 2-bathroom home that was renovated in 2018. The renovation included updates to the kitchen with stainless steel appliances, new wood flooring throughout, new windows, and a new roof. This could make the house attractive as a rental property while you sort out the building plans for the new lots.

Privacy is also a notable feature of the property, as 8-foot-high, 6-foot-deep privacy hedges cover 80% of the lot. Additionally, there is an approximately 20-foot cactus that could be sold or incorporated into the new builds, providing the privacy of an established home.

Overall, this investment opportunity in the College Park district offers the potential to develop two lots in a desirable location with nearby amenities and convenient access to major routes and facilities.
Unit Size
1,632Ft²
Days on Market
55 days
Land Size
0.32 acres
Price per sqft
$398
Property Type
House
Property Taxes
$226
HOA Dues
-
Year Built
1950
Last updated: 27 days ago (Stellar MLS #O6176030)

Price History

Date / Event Date Event Price
Mar 29, 2024 Sold $560,000
Sold
Mar 1, 2024 In contract -
In contract
Feb 2, 2024 Listed by Mainframe Real Estate $650,000
Listed by Mainframe Real Estate
This investment opportunity in the historic College Park district sounds promising. The property has already been approved to be split into two lots. The location of the property is advantageous, being across the street from Bishop Moore High School and St. Charles. It is also close to Edgewater High School, College Park Middle School, and 1.5 miles from downtown College Park. Additionally, the property is close to the new upcoming Packing District and the new YMCA. Its proximity to I-4…

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Excellent
  • Building Quality: E
  • Exterior Walls Type: Concrete
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Partial basement
  • Basement Area: 200
  • Garage Type: Garage
  • Garage Square Area: 300
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 13,916
  • Total Building Area: 1,932
  • Gross Building Area: 1,932
  • Building Area: 1,548
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,548
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UNIVERSITY HGTS
  • Land Acres: 0.319
  • Standard Land Use Code: Single family residential
  • Legal Description 1: UNIVERSITY HEIGHTS N/59 LOTS 17 & 18 BLK F

Ownership

  • Current Owner : DAVIDSON BRIAN C
  • Previous Owner : FRYER WILLIAM
  • Previous Owner 2: FRYER LISABETH
  • Owner Before Previous Owner: MILLER ELIZABETH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orange County School District
  • School Tax School District: 0331
  • Census Tract: 012500

Zoning

  • Zoning: R-1A

Geography

  • Assessors Map Reference: 145
  • Subdivision Tract Number: 8828
  • Parcel: 10-22-29-8828-06-170
  • Block: F
  • Lot: 17,18
  • Meridian: SEC 10 TWN 22S RNG 29E
  • Municipality: UN-INCORPORATED
  • Latitude: 28.5895
  • Longitude: -81.395

    Address

  • Full Address: 1012 Venetian Ave
  • Address - House Number: 1012
  • Address - Street Name: Venetian
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Orlando
  • Carrier Code: C031
  • 4-Digit Zip Code: 2163
  • Zip Code: 32804

Valuation

    Tax

  • Total Area: 1,668
  • Tax Year: 2023
  • Tax Amount: $2,826
  • Tax Rate Code Area: 11-ORG

    Appraisal Valuation

  • Standard Deviation: 0.0794
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 94
  • Final Value: 637,832
  • High Value: 688,527
  • Low Value: 587,136

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $290,400
  • First Open Lien Mortgage Lender: NATIONS LENDING CORP
  • First Open Lien Mortgage Recording Date: Feb 15, 2021
  • First Open Lien Mortgage Loan Amount: $290,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $356,441
  • Market Land Value: $215,500
  • Market Improvement Value: $140,941

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $203,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 31, 2014
  • Current Sale Recording Date: Feb 12, 2014
  • Current Sale Transaction ID: 11444804989
  • Current Sale Price: $199,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20140080551
  • Previous Sale Recording Date: Nov 13, 2002
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RP FUNDING INC
  • First Mortgage Transaction Date: Feb 12, 2014
  • First Mortgage Loan Amount: $179,910
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2044

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN HERITAGE MTG CORP
  • Previous Mortgage Transaction Date: Nov 13, 2002
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $131,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3 Baths
1,694 ft²
$366/ft²
$620,000 May 25, 2023
$620,000 Aug 21, 2023
$185/mo
House
3 Beds
2 Baths
1,735 ft²
$282/ft²
$490,000 Nov 21, 2022
$490,000 May 24, 2023
$200/mo
House
3 Beds
2 Baths
2,022 ft²
$324/ft²
$655,000 Sep 21, 2023
$655,000 Jan 22, 2024
$547/mo
House
3 Beds
4 Baths
2,200 ft²
$247/ft²
$542,500 Jan 25, 2024
$542,500 Mar 29, 2024
$630/mo
House
3 Beds
2 Baths
2,370 ft²
$278/ft²
$660,000 Aug 6, 2023
$660,000 Sep 18, 2023
$598/mo
House
3 Beds
2 Baths
2,298 ft²
$270/ft²
$620,000 Jun 30, 2023
$620,000 Sep 28, 2023
$566/mo
House
3 Beds
2 Baths
1,611 ft²
$359/ft²
$579,000 Mar 15, 2024
-
$415/mo
House
3 Beds
2 Baths
1,600 ft²
$344/ft²
$549,900 Mar 11, 2024
-
$378/mo
House
3 Beds
2 Baths
1,400 ft²
$392/ft²
$549,000 Mar 20, 2024
-
$395/mo
House
3 Beds
2 Baths
1,874 ft²
$310/ft²
$580,000 Dec 13, 2023
-
$501/mo
House
3 Beds
3 Baths
1,920 ft²
$286/ft²
$550,000 Jan 28, 2024
-
$236/mo
House
3 Beds
3 Baths
2,258 ft²
$244/ft²
$549,900 Jan 21, 2024
-
$189/mo

About Fairview Shores


Similar Homes for Sale

Unit for sale at 2500 Euston Road, WINTER PARK, FL 32789

$549,900

  • 3 Beds
  • 3 Baths
  • 2,258 ft²
2500 Euston Road, WINTER PARK, FL 32789 Listing by Guy Burkholder
Unit for sale at 423 Ololu Drive, WINTER PARK, FL 32789

$550,000

  • 3 Beds
  • 3 Baths
  • 1,920 ft²
423 Ololu Drive, WINTER PARK, FL 32789 Listing by Feng Fu
Unit for sale at 3426 Grant Boulevard, ORLANDO, FL 32804

$580,000

  • 3 Beds
  • 2 Baths
  • 1,874 ft²
3426 Grant Boulevard, ORLANDO, FL 32804 Listing by Felipe Palma Guedes

Nearby Rentals

Unit for rent at 1010 Yates Street, ORLANDO, FL, 32804

$2,575 /mo

  • 2 Beds
  • 1 Bath
  • 1,092 ft²
1010 Yates Street, ORLANDO, FL, 32804 Listing by Kelly Price
Unit for rent at 2371 Brix Street, ORLANDO, FL, 32804

$3,000 /mo

  • 3 Beds
  • 3 Baths
  • 2,059 ft²
2371 Brix Street, ORLANDO, FL, 32804 Listing by Elaine Zheng
Unit for rent at 646 Smith Street, ORLANDO, FL, 32804

$2,545 /mo

  • 2 Beds
  • 2 Baths
  • 1,005 ft²
646 Smith Street #339, ORLANDO, FL, 32804 Listing by Bruce Gordon


Frequently Asked Questions

When was property at 1012 Venetian Avenue built and last sold?
The property at 1012 Venetian Avenue was built in 1950 and last sold on Jan 31, 2014 for $199,900.
How much is this home worth?
The estimated value of the home located at 1012 Venetian Avenue is $648,748.
What are some comparable homes to 1012 Venetian Avenue?
Homes that are comparable to 1012 Venetian Avenue include a house property at 3426 Grant Boulevard, 423 Ololu Drive, 2500 Euston Road.

Quantcast