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521 South Osceola Avenue

521 South Osceola Avenue, Orlando, FL 32801
Property in Lake Cherokee
Sold Aug 01, 2017
$1,450,000
$826,000 by Arbor Commercial Funding Llc
Mortgage
Sold Jan 01, 2016
$3,375,000
521 South Osceola Avenue 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 1969 and is 55 years old. However, we must point out that the home was most recently renovated and altered in 1995. The home comes with a single bedroom. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 521 South Osceola Avenue has 5,236 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 15,203 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 18 sqft. According to our sources, there are a total of 18 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 excellent. 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 flat style roof made of asphalt and ply sheets in a built-up roof style. 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 wall air conditioning unit at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 521 South Osceola Avenue sold most recently in Aug 1, 2017 for a total of $1,450,000. If you work out the math, that's approximately a cost of $224.53 per sqft. Before that, the property was also sold for $3,375,000 in Jan 1, 2016. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $29,792 in taxes each year. 521 South Osceola Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,536,241. If we break it down further, the land itself was valued at $625,118. Improvements to the property, however, were assessed at a total of $911,123. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Excellent
  • Building Quality: D
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Flat
  • Roof Cover Type: Built-up
  • Floor Count: 2
  • Living Units: 12
  • Business/Commerical Units Count: 12
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 18
  • Parking Space Count: 18

    Dimensions

  • Lot Size Square Feet: 15,203
  • Total Building Area: 6,458
  • Gross Building Area: 6,458
  • Building Area: 5,236
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Wall air conditioning unit
  • Heating: Forced air unit
  • Heated Square Feet: 5,236
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: POYNTER F T ADD
  • Land Acres: 0.349
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: F T POYNTERS ADDITION C/67 THE S 80 FT O F LOT 3 BLK 5

Ownership

  • Current Owner : MACIEL-YU FAMILY LIVING TRUST
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Orange County School District
  • School Tax School District: 5555
  • Census Tract: 010300

Zoning

  • Zoning: R-2A/T/HP/

Geography

  • Assessors Map Reference: 184
  • Subdivision Tract Number: 7228
  • Parcel: 36-22-29-7228-05-032
  • Block: 5
  • Lot: 3
  • Meridian: SEC 36 TWN 22S RNG 29E
  • Municipality: ORLANDO
  • Latitude: 28.5359
  • Longitude: -81.3708

    Address

  • Full Address: 521 S Osceola Ave
  • Address - House Number: 521
  • Street Direction: S
  • Address - Street Name: Osceola
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Orlando
  • Carrier Code: C026
  • 4-Digit Zip Code: 3938
  • Zip Code: 32801

Valuation

    Tax

  • Total Area: 5,731
  • Tax Year: 2023
  • Tax Amount: $29,792
  • Tax Rate Code Area: 07-ORL

    Appraisal Valuation

  • Standard Deviation: 0.49
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 1
  • Final Value: 2,155,251
  • High Value: 3,211,374
  • Low Value: 1,099,127

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $826,000
  • First Open Lien Mortgage Lender: ARBOR COMMERCIAL FUNDING LLC
  • First Open Lien Mortgage Recording Date: Apr 02, 2018
  • First Open Lien Mortgage Loan Amount: $826,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $1,536,241
  • Market Land Value: $625,118
  • Market Improvement Value: $911,123

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,536,241
  • Assessed Land Value: $625,118
  • Assessed Improvements Value: $911,123

    Sales

  • Current Sale Contract Date: Aug 01, 2017
  • Current Sale Recording Date: Aug 01, 2017
  • Current Sale Transaction ID: 11549600323
  • Current Sale Price: $1,450,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jan 01, 2016
  • Previous Sale Contract Date: Jan 01, 2016
  • Previous Sale Amount: $3,375,000
  • Previous Sale Document Type: Deed

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Frequently Asked Questions

What neighborhood is 521 South Osceola Avenue located in?
The 521 South Osceola Avenue is a located in the neighborhood of Lake Cherokee in Lake Cherokee, Orlando.
What is the average sales price for listings in 521 South Osceola Avenue?
The average sales price for units in 521 South Osceola Avenue is $0 currently.

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