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1501 Lake Shore Drive

1501 Lake Shore Drive, Orlando, FL 32803
House in Rose Isle
Sold Jul 07, 2021
$1,000,000
$800,000 by Bell Bank
Mortgage Due Aug 01, 2051
Sold Oct 30, 2020
$775,000
$775,000 by South State Bank
Mortgage Due Nov 01, 2050
1501 Lake Shore Drive in Orlando, FL was first built in 1956 and is 68 years old. Although, the building on the property was most recently renovated and altered in 1996. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 1501 Lake Shore Drive has 2,572 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 17,912 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable or hip style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 575 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as excellent. The exterior walls of the home are made of brick. 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 central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1501 Lake Shore Drive was last sold in Jul 1, 2021 for $1,000,000. According to our calculations, that's $257.40 per sqft. Prior to that sales transaction, the property was sold for $775,000 in Oct 29, 2020. Current property owners are expected to pay $11,284 in taxes per year. The property on 1501 Lake Shore Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $658,286. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Block Exterior
Brick Exterior / Wood Exterior
Wood Exterior

Parking

Garage Parking
On-Street Parking

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Excellent
  • Building Quality: D
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 575
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 17,912
  • Lot Size Frontage Feet: 1,430
  • Total Building Area: 3,885
  • Gross Building Area: 3,885
  • Building Area: 2,572
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,572
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROSE ISLE SEC 6
  • Land Acres: 0.411
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROSE ISLE SECTION SIX U/12 LOT 9 & W 10 FT OF LOT 10

Ownership

  • Current Owner : WELCH ROGER S
  • Current Owner 2: FERGUSON KERRY J
  • Previous Owner : SCHNEIDER ROBERT A
  • Previous Owner 2: SCHNEIDER CYNTHIA K
  • Owner Before Previous Owner: MILLER JORDAN MICHAEL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orange County School District
  • School Tax School District: 5555
  • Census Tract: 012800

Zoning

  • Zoning: R-1AA/T

Geography

  • Assessors Map Reference: 179
  • Subdivision Tract Number: 7682
  • Parcel: 13-22-29-7682-00-090
  • Lot: 9,10
  • Meridian: SEC 13 TWN 22S RNG 29E
  • Municipality: ORLANDO
  • Latitude: 28.5721
  • Longitude: -81.3614

    Address

  • Full Address: 1501 Lake Shore Dr
  • Address - House Number: 1501
  • Address - Street Name: Lake Shore
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Orlando
  • Carrier Code: C003
  • 4-Digit Zip Code: 1304
  • Zip Code: 32803

Valuation

    Tax

  • Total Area: 3,033
  • Tax Year: 2023
  • Tax Amount: $11,284
  • Tax Rate Code Area: 08-ORL

    Appraisal Valuation

  • Standard Deviation: 0.1696
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 78
  • Final Value: 1,135,866
  • High Value: 1,328,581
  • Low Value: 943,150

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $800,000
  • First Open Lien Mortgage Lender: BELL BANK
  • First Open Lien Mortgage Recording Date: Jul 07, 2021
  • First Open Lien Mortgage Loan Amount: $800,000
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $943,638
  • Market Land Value: $380,000
  • Market Improvement Value: $563,638

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $658,286

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 01, 2021
  • Current Sale Recording Date: Jul 07, 2021
  • Current Sale Transaction ID: 11843168784
  • Current Sale Price: $1,000,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210404228
  • Previous Sale Recording Date: Oct 30, 2020
  • Previous Sale Contract Date: Oct 29, 2020
  • Previous Sale Amount: $775,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BELL BANK
  • First Mortgage Transaction Date: Jul 07, 2021
  • First Mortgage Loan Amount: $800,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SOUTH STATE BANK
  • Previous Mortgage Transaction Date: Oct 30, 2020
  • Previous Mortgage Loan Amount: $775,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2050

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Frequently Asked Questions

What neighborhood is 1501 Lake Shore Drive located in?
The 1501 Lake Shore Drive is a house located in the neighborhood of Rose Isle in Rose Isle, Orlando.
What is the average sales price for listings in 1501 Lake Shore Drive?
The average sales price for units in 1501 Lake Shore Drive is $0 currently.

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