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1602 Illinois Street

1602 Illinois Street, Orlando, FL 32803
Sold Dec 02, 2021
$300,000
$284,050 by First Technology Federal Cu
Mortgage Due Dec 01, 2051
Sold Apr 04, 2018
$230,000
Buyer
Seller
1602 Illinois Street has been categorized by the local assessors in Orlando, FL as a residential type of property. The building on the property was first built in 1915 and is 109 years old. However, we must point out that the home was most recently renovated and altered in 2002. The home has a total of 2 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1602 Illinois Street has 1,066 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 4,125 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as excellent. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of wood. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery 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, 1602 Illinois Street was last sold in Nov 30, 2021 for $300,000. According to our calculations, that's $251.68 per sqft. Prior to that sales transaction, the property was sold for $230,000 in Mar 30, 2018. Current property owners are expected to pay $4,256 in taxes per year. The property on 1602 Illinois Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $271,973. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 2002
  • Building Count: 2
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Excellent
  • Building Quality: A
  • Exterior Walls Type: Wood
  • 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 Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,125
  • Total Building Area: 1,192
  • Gross Building Area: 1,192
  • Building Area: 1,066
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,066
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLONIAL GROVES ESTS 1ST ADD
  • Land Acres: 0.095
  • Standard Land Use Code: Single family residential
  • State Land Use Code: Rail (right-of-way & track)
  • Legal Description 1: COLONIAL GROVE ESTATES 1ST ADD E/97 E 55 FT OF N 75 FT OF LOT 2

Ownership

  • Current Owner : FORERO DAVID GERMAN
  • Previous Owner : FANG ZI YUAN
  • Owner Before Previous Owner: BANG KY K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orange County School District
  • School Tax School District: 5555
  • Census Tract: 010802

Zoning

  • Zoning: O-1/T/SP/A

Geography

  • Assessors Map Reference: 208
  • Subdivision Tract Number: 1514
  • Parcel: 19-22-30-1514-00-021
  • Lot: 2
  • Meridian: SEC 19 TWN 22S RNG 30E
  • Municipality: ORLANDO
  • Latitude: 28.5556
  • Longitude: -81.36

    Address

  • Full Address: 1602 Illinois St
  • Address - House Number: 1602
  • Address - Street Name: Illinois
  • Address - Suffix Type: St
  • State: FL
  • City Name: Orlando
  • Carrier Code: C001
  • 4-Digit Zip Code: 4134
  • Zip Code: 32803

Valuation

    Tax

  • Total Area: 1,088
  • Tax Year: 2023
  • Tax Amount: $4,256
  • Tax Rate Code Area: 08-ORL

    Appraisal Valuation

  • Standard Deviation: 0.1797
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 393,823
  • High Value: 464,601
  • Low Value: 323,046

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $284,050
  • First Open Lien Mortgage Lender: FIRST TECHNOLOGY FEDERAL CU
  • First Open Lien Mortgage Recording Date: Dec 02, 2021
  • First Open Lien Mortgage Loan Amount: $284,050
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $337,896
  • Market Land Value: $150,000
  • Market Improvement Value: $187,896

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $271,973

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Dec 02, 2021
  • Current Sale Transaction ID: 11872974563
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210734570
  • Previous Sale Recording Date: Apr 04, 2018
  • Previous Sale Contract Date: Mar 30, 2018
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST TECHNOLOGY FEDERAL CU
  • First Mortgage Transaction Date: Dec 02, 2021
  • First Mortgage Loan Amount: $284,050
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

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Frequently Asked Questions

What neighborhood is 1602 Illinois Street located in?
The 1602 Illinois Street is a located in the neighborhood of Colonialtown North in Colonialtown North, Orlando.
What is the average sales price for listings in 1602 Illinois Street?
The average sales price for units in 1602 Illinois Street is $0 currently.

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