by RH Advisors

See Home Value
$550,000
House - Off Market

1948 Essex PLACE

ORLANDO, FL 32806
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1320 Sqft
$568,445
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

One or more photo(s) has been virtually staged. Amazing opportunity to own this remarkable completely renovated mid century inspired residence with a 525 sf detached apartment producing an income of $1,500 per month. Main residence features an open split floor plan, High ceilings, large kitchen, washer and dryer with an independent entrance and parking off side street. Great location minutes to downtown Orlando, mayor hospitals and SODO. Convenient to restaurants and shops in the desirable Hourglass district. The three bedroom two bath main residence offers an open split floor plan maximizing functionality and the use of the square footage. The chef's kitchen features top of the line stainless steel appliances, brand new oven range, French door refrigerator with bottom drawer freezer, 42" upper solid maple cabinets and soft close drawers, large breakfast island open to the living and dining area, perfect to relax or entertain. The living room is warmed by a beautiful wood burning fireplace with ample space for a large television pre-wired for surround sound and ceiling mounted speakers. The main home laundry closet features a large capacity front load stackable washer and dryer. An oversized 20 x 11 main suite features a wall-to-wall closet, private spa-like bathroom with designer hanging glass chandeliers, LED sconces, a separate bathtub, frameless glass walk-in shower with lifetime warranty Delta faucets, dual vanities and a separate water closet. Owner renovations, includes changing the floor plan, the ceiling height, all drywall, plumbing with CPVC and PVC lines on added main suite bathroom and kitchen, new electrical wiring and panels, AC duct work, compressor and air handler replaced on April 10 2020, LED recessed lighting throughout, ceiling fans, new black hardware and lighting fixtures, green insulation, architectural shingle roof was replaced on June 30 2018. Interior paint in 2023. Exterior Sherwin Williams, Emerald rain refresh paint  providing mildew resistant with Self-Cleaning Technology.
Unit Size
1,320Ft²
Days on Market
117 days
Land Size
0.16 acres
Price per sqft
$432
Property Type
House
Property Taxes
$327
HOA Dues
-
Year Built
1956
Last updated: 2 months ago (Stellar MLS #O6097191)

Price History

Date / Event Date Event Price
Jul 17, 2023 Sold to Nicole Horlacher $550,000
Sold to Nicole Horlacher
Mar 19, 2023 Listed by DOUGLAS ELLIMAN $570,000
Listed by DOUGLAS ELLIMAN

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 2011
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Concrete block
  • 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
  • Garage Type: Detached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,950
  • Total Building Area: 2,030
  • Gross Building Area: 2,030
  • Building Area: 1,845
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,845
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOURGLASS HOMES
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HOURGLASS HOMES U/39 LOT 20

Ownership

  • Current Owner : HORLACHER NICOLE
  • Previous Owner : SUITE RODERICK P
  • Owner Before Previous Owner: FANNIE MAE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried woman

Neighborhood

  • School District Name: Orange County School District
  • School Tax School District: 0335
  • Census Tract: 013702

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: 215
  • Subdivision Tract Number: 3732
  • Parcel: 06-23-30-3732-00-200
  • Lot: 20
  • Meridian: SEC 06 TWN 23S RNG 30E
  • Municipality: UN-INCORPORATED
  • Latitude: 28.5188
  • Longitude: -81.3536

    Address

  • Full Address: 1948 Essex Pl
  • Address - House Number: 1948
  • Address - Street Name: Essex
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Orlando
  • Carrier Code: C018
  • 4-Digit Zip Code: 3215
  • Zip Code: 32806

Valuation

    Tax

  • Total Area: 1,891
  • Tax Year: 2023
  • Tax Amount: $5,105
  • Tax Rate Code Area: 11-ORG

    Appraisal Valuation

  • Standard Deviation: 0.1697
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 78
  • Final Value: 473,641
  • High Value: 554,043
  • Low Value: 393,239

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $440,000
  • First Open Lien Mortgage Lender: BANKORION
  • First Open Lien Mortgage Recording Date: Jul 17, 2023
  • First Open Lien Mortgage Loan Amount: $440,000
  • First Open Lien Mortgage Term: 65
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Jan 14, 2029

    Market Valuation

  • Market Total Value: $418,023
  • Market Land Value: $150,000
  • Market Improvement Value: $268,023

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $418,023
  • Assessed Land Value: $150,000
  • Assessed Improvements Value: $268,023

    Sales

  • Current Sale Contract Date: Jul 14, 2023
  • Current Sale Recording Date: Jul 17, 2023
  • Current Sale Transaction ID: 11909867231
  • Current Sale Price: $550,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 399844
  • Previous Sale Recording Date: Jun 01, 2010
  • Previous Sale Contract Date: May 20, 2010
  • Previous Sale Amount: $110,100
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANKORION
  • First Mortgage Transaction Date: Jul 17, 2023
  • First Mortgage Loan Amount: $440,000
  • First Mortgage Terms: 65
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Jan 14, 2029

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Jun 01, 2010
  • Previous Mortgage Loan Amount: $80,000
  • Previous Mortgage Term: 299
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2035



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3 Baths
1,852 ft²
$286/ft²
$530,000 Dec 7, 2023
$530,000 Feb 23, 2024
$501/mo
House
3 Beds
2 Baths
1,502 ft²
$320/ft²
$480,000 Jan 15, 2024
$480,000 Feb 27, 2024
$440/mo
House
3 Beds
2 Baths
1,445 ft²
$383/ft²
$553,000 Sep 28, 2023
$553,000 Feb 8, 2024
$408/mo
House
3 Beds
2 Baths
1,316 ft²
$353/ft²
$465,000 Nov 2, 2023
$465,000 Nov 30, 2023
$444/mo
House
3 Beds
2 Baths
1,709 ft²
$272/ft²
$465,000 Aug 26, 2023
$465,000 Oct 3, 2023
$341/mo
House
3 Beds
2 Baths
1,559 ft²
$301/ft²
$470,000 Jul 14, 2023
$470,000 Aug 25, 2023
$283/mo
House
3 Beds
3 Baths
1,538 ft²
$357/ft²
$549,000 Mar 1, 2024
-
$528/mo
House
3 Beds
2 Baths
1,254 ft²
$384/ft²
$482,000 Feb 1, 2024
-
$382/mo
House
3 Beds
2 Baths
1,336 ft²
$363/ft²
$485,000 Mar 28, 2024
-
$111/mo
House
3 Beds
2 Baths
1,365 ft²
$355/ft²
$484,900 Oct 31, 2023
-
$358/mo
House
3 Beds
2 Baths
1,576 ft²
$296/ft²
$465,900 Mar 6, 2024
-
$620/mo
House
3 Beds
2 Baths
1,649 ft²
$315/ft²
$519,900 Mar 1, 2024
-
$464/mo

About Hourglass Homes


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Frequently Asked Questions

When was property at 1948 Essex Place built and last sold?
The property at 1948 Essex Place was built in 1956 and last sold on Jul 14, 2023 for $550,000.
How much is this home worth?
The estimated value of the home located at 1948 Essex Place is $575,700.
What are some comparable homes to 1948 Essex Place?
There are currently no comparable homes to 1948 Essex Place.

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