by RH Advisors

See Home Value
$560,000
House - Off Market

2722 Eastern Parkway

WINTER PARK, FL 32789
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1821 Sqft
$2,846
Estimated Monthly
$0
HOA / Fees
6.88%
Cap Rate

About This Property

MULTIPLE OFFERS RECEIVED!!! PLEASE SUBMIT HIGHEST AND BEST OFFERS BY MONDAY 3/25/2024 AT 10 AM. Welcome to an amazing investment opportunity situated in the heart of the Parklando community. This property has the potential to offer significant returns in a highly desirable area. The house requires renovation and is being sold as is, providing an excellent opportunity to maximize its value in the thriving real estate market. This 3-bedroom, 2-bathroom residence is spread over a little more than 1,800 square feet, providing ample space to realize your investment vision. Whether you plan to create a cozy family retreat or optimize it for rental income, the possibilities are endless. The property's layout can be customized to suit your investment goals. There is no homeowners association (HOA) associated with the property, and it is conveniently located near major highways.
Unit Size
1,821Ft²
Days on Market
28 days
Land Size
0.22 acres
Price per sqft
$302
Property Type
House
Property Taxes
$145
HOA Dues
-
Year Built
1950
Last updated: 14 days ago (Stellar MLS #O6187150)

Price History

Date / Event Date Event Price
Apr 15, 2024 Sold $560,000
Sold
Mar 28, 2024 In contract -
In contract
Mar 18, 2024 Listed by EXP REALTY LLC $550,000
Listed by EXP REALTY LLC
Mar 2, 2024 Listed by eXp Realty LLC $550,000
Listed by eXp Realty LLC
Welcome to an amazing investment opportunity situated in the heart of the Parklando community. This property has the potential to offer significant returns in a highly desirable area. The house requires renovation and is being sold as is, providing an excellent opportunity to maximize its value in the thriving real estate market. This 3-bedroom, 2-bathroom residence is spread over a little more than 1,800 square feet, providing ample space to realize your investment vision. Whether you…

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Excellent
  • Building Quality: D
  • Exterior Walls Type: Concrete
  • 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: Garage
  • Garage Square Area: 286
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,617
  • Lot Size Frontage Feet: 650
  • Total Building Area: 2,532
  • Gross Building Area: 2,532
  • Building Area: 1,821
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,821
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARKLANDO
  • Land Acres: 0.221
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARKLANDO N/76 W 7.13 FT OF LOT 4 & ALL LOT 5 & E 7.16 FT OF LOT 6 BLK C

Ownership

  • Current Owner : LANG EDWARD
  • Current Owner 2: LANG LENELLE
  • Previous Owner : STRANDBERG BETTY H
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R-1A

Geography

  • Assessors Map Reference: 207
  • Subdivision Tract Number: 6700
  • Parcel: 18-22-30-6700-03-041
  • Block: C
  • Lot: 4,5,6
  • Meridian: SEC 18 TWN 22S RNG 30E
  • Municipality: WINTER PARK
  • Latitude: 28.5708
  • Longitude: -81.3448

    Address

  • Full Address: 2722 Eastern Pkwy
  • Address - House Number: 2722
  • Address - Street Name: Eastern
  • Address - Suffix Type: Pkwy
  • State: FL
  • City Name: Winter Park
  • Carrier Code: C041
  • 4-Digit Zip Code: 6600
  • Zip Code: 32789

Valuation

    Tax

  • Total Area: 2,038
  • Tax Year: 2023
  • Tax Amount: $1,742
  • Tax Rate Code Area: 06-WP

    Appraisal Valuation

  • Standard Deviation: 0.1664
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 610,427
  • High Value: 712,018
  • Low Value: 508,837

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $243,555
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Mar 11, 2021
  • First Open Lien Mortgage Loan Amount: $243,555
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $413,540
  • Market Land Value: $225,000
  • Market Improvement Value: $188,540

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $140,108

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 31, 1995
  • Current Sale Recording Date: Apr 07, 1995
  • Current Sale Transaction ID: 1155023265
  • Current Sale Price: $70,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BETTY H STRANDBERG
  • First Mortgage Transaction Date: Apr 07, 1995
  • First Mortgage Loan Amount: $63,000
  • First Mortgage Terms: 360

    Financing

  • First Mortgage Financing Type: Fixed Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,790 ft²
$338/ft²
$605,000 May 24, 2023
$605,000 Sep 27, 2023
-
House
3 Beds
2 Baths
1,538 ft²
$390/ft²
$600,000 Oct 5, 2022
$600,000 Nov 1, 2022
$304/mo
House
3 Beds
2 Baths
1,692 ft²
$378/ft²
$639,000 Mar 15, 2023
$639,000 Apr 28, 2023
$394/mo
House
3 Beds
2 Baths
1,368 ft²
$384/ft²
$525,000 Apr 21, 2023
$525,000 May 16, 2023
$489/mo
House
3 Beds
2 Baths
1,455 ft²
$323/ft²
$470,000 Sep 1, 2023
$470,000 Oct 10, 2023
$430/mo
House
3 Beds
1 Bath
1,244 ft²
$322/ft²
$400,000 Dec 12, 2023
$400,000 Jan 25, 2024
$333/mo
House
3 Beds
2 Baths
2,031 ft²
$310/ft²
$630,000 Apr 1, 2024
-
$652/mo
House
3 Beds
2 Baths
1,552 ft²
$338/ft²
$525,000 Apr 18, 2024
-
$216/mo
House
3 Beds
2 Baths
1,538 ft²
$422/ft²
$649,000 Mar 21, 2024
-
$621/mo
House
3 Beds
2 Baths
1,574 ft²
$410/ft²
$645,000 Feb 29, 2024
-
$354/mo
House
3 Beds
2 Baths
1,376 ft²
$461/ft²
$635,000 Apr 18, 2024
-
$378/mo
House
3 Beds
1 Bath
1,196 ft²
$376/ft²
$450,000 Apr 10, 2024
-
$387/mo

About Winter Park


Similar Homes for Sale

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Nearby Rentals

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Frequently Asked Questions

When was property at 2722 Eastern Parkway built and last sold?
The property at 2722 Eastern Parkway was built in 1950 and last sold on Mar 31, 1995 for $70,000.
How much is this home worth?
The estimated value of the home located at 2722 Eastern Parkway is $570,633.
What are some comparable homes to 2722 Eastern Parkway?
Homes that are comparable to 2722 Eastern Parkway include a house property at 1416 Bennett Road, 1323 Morris Avenue, 1916 East End Avenue.

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