1454 Michael Terrace

1454 Michael Terrace in Orlando, FL was first built in 1955 and is 69 years old. Although, the building on the property was most recently renovated and altered in 1970. This has been categorized as a residential property type. It is a single story home. There are a total of 1 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1454 Michael Terrace has 1,922 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 14,657 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a shed style roof made of asphalt and ply sheets in a built-up roof style. For those who need parking, there is a garage. The garage is 285 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as average. The exterior walls of the home are made of concrete. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a convection heater and being fueled with electricity. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1454 Michael Terrace sold most recently in Aug 14, 2020 for a total of $205,000. If you work out the math, that's approximately a cost of $79.30 per sqft. Before that, the property was also sold for $58,000 in May 3, 1995. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,628 in taxes each year. 1454 Michael Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $233,229. If we break it down further, the land itself was valued at $75,000. Improvements to the property, however, were assessed at a total of $158,229. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.