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Orange 32820 Corner Lake
16591 Corner Lake DRIVE
$380,000
● House - Off Market

16591 Corner Lake DRIVE

ORLANDO, FL 32820
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,224 Ft²
$427,560
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Don't miss this chance to own this beautiful 4 bedroom home with 2 1/2 baths and a 2 car garage located in highly desirable Corner Lakes! Home features living room, bonus room, dining room with eat in space in open kitchen. The kitchen boasts double pantries plus under stair storage, granite counters with brand new appliances. Roof recently replaced in August 2021, Interior/Exterior painted August 2021, brand new Luxury Vinyl Plank Flooring. Home sits on a conservation lot, no rear neighbors, ever! Primary bedroom is on the second floor features vaulted ceilings, his/her closets, soaker tub and step in shower. Low HOA dues! Great location that is conveniently located close to the Space Coast, dining, shopping, major highways, beaches and so much more! This beauty will not last, schedule your showing today!
Unit Size
2,224 Ft²
Days on Market
60 days
Land Size
0.14 acres
Price per sqft
$171
Property Type
House
Property Taxes
$342
HOA Dues
$200
Year Built
2005

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Stellar MLS #O5966014)

Price History

Date / Event Date Event Price
Oct 14, 2021 Sold
Premium
Sold
Aug 13, 2021 Listed by RED DOOR INVESTMENT GRP LLC $379,900
Listed by RED DOOR INVESTMENT GRP LLC
Aug 4, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,099
  • Total Building Area: 2,686
  • Gross Building Area: 2,686
  • Building Area: 2,058
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,058
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CORNER LAKE PH 4
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 0103
  • State Land Use Code: 001
  • Legal Description 1: CORNER LAKE - PHASE 4 60/36 LOT 345

Neighborhood

  • School District Name: Orange County School District
  • School Tax School District: 0232 0336 3424
  • Census Tract: 016604

Zoning

  • Zoning: P-D

Geography

  • Subdivision Phase Number: 4
  • Subdivision Tract Number: 1378
  • Parcel: 17-22-32-1378-03-450
  • Block: 3
  • Lot: 345
  • Meridian: SEC 17 TWN 22S RNG 32E
  • Municipality: UN-INCORPORATED
  • Latitude: 28.5736
  • Longitude: -81.1328

    Address

  • Full Address: 16591 Corner Lake Dr
  • Address - House Number: 16591
  • Address - Street Name: Corner Lake
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Orlando
  • Carrier Code: R064
  • 4-Digit Zip Code: 1957
  • Zip Code: 32820

Valuation

    Tax

  • Total Area: 2,284
  • Tax Year: 2023
  • Tax Amount: $611,417
  • Tax Rate Code Area: 11-ORG

    Appraisal Valuation

  • Standard Deviation: 0.2046
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 457,510
  • High Value: 551,134
  • Low Value: 363,886

    Market Valuation

  • Market Total Value: $375,304
  • Market Land Value: $58,000
  • Market Improvement Value: $317,304

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $375,304
  • Assessed Land Value: $58,000
  • Assessed Improvements Value: $317,304

    Sales

  • Current Sale Contract Date: Oct 12, 2021
  • Current Sale Recording Date: Oct 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20210629959
  • Previous Sale Recording Date: Aug 04, 2005
  • Previous Sale Contract Date: Jul 29, 2005
  • Previous Sale Amount: $214,000
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Corner Lake

Stats & Trends

Median Asking:

$389,000

Sale Price/ft²

$227

Below Asking

0.04%

Average Days on Market

64

Average Home Size

1653 ft²

Average Home Age

22.7 years

Currently For Sale

3 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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STELLAR

Listed by: Helana Renfroe
RED DOOR INVESTMENT GRP LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O5966014
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 16591 Corner Lake Drive built and last sold?
The property at 16591 Corner Lake Drive was built in 2005 and last sold on Oct 12, 2021 for $380,000.
How much is this home worth?
The estimated value of the home located at 16591 Corner Lake Drive is $0.
What are some comparable homes to 16591 Corner Lake Drive?
There are currently no comparable homes to 16591 Corner Lake Drive.
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