5101 East Colonial Drive

5101 East Colonial Drive has been categorized by the local assessors in Orlando, FL as a commercial type of property. The building on the property was first built in 1970 and is 54 years old. However, we must point out that the home was most recently renovated and altered in 2000. There are 7 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, 5101 East Colonial Drive has 4,679 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 31,346 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. We know that this is 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 50 sqft. According to our sources, there are a total of 50 available parking spaces. 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 good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a rigid frame bar style roof made of materials that we aren't sure of. The exterior walls of the building are made of concrete block. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with a packaged air conditioning unit at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. The property was last sold in Oct 5, 2017 for $1,050,000. That's $204.16 per sqft. Prior to that sales transaction, the property was also sold in Apr 15, 2010 for $600,000. 5101 East Colonial Drive was last assessed in 2023. The total value of the property was assessed at $1,217,701. Specifically, the land the property is located on was valued at $532,882. While improvements on the property were assessed at a total of $684,819. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $18,834. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.