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Ocoee 34761 Wesmere at Ocoee
523 Laurenburg LANE
$380,000
● House - Off Market

523 Laurenburg LANE

OCOEE, FL 34761
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,864 Ft²
$423,329
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Welcome to the Gated Community of Wesmere. This spacious 3 bedroom 2 bathroom pool home boasts over 1,800 square feet. This home offers a split floor plan with open concept kitchen and living room. This gated community is conveniently located near area restaurants, healthcare, and "A" rated schools. Community amenities include an expansive swimming pool, tennis courts, basketball court, recreation areas and multiple playgrounds. The HOA dues also include a reduced rate cable package and high-speed internet.
Unit Size
1,864 Ft²
Days on Market
42 days
Land Size
0.25 acres
Price per sqft
$198
Property Type
House
Property Taxes
$407
HOA Dues
$200
Year Built
1992

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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 #O5958631)

Price History

Date / Event Date Event Price
Aug 31, 2021 Sold
Premium
Sold
Jul 16, 2021 Listed by LAKESIDE REALTY WINDERMERE INC $369,900
Listed by LAKESIDE REALTY WINDERMERE INC
Jun 26, 2014 Sold
Premium
Sold
Sep 17, 2004 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • 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: 8

    Dimensions

  • Lot Size Square Feet: 11,008
  • Total Building Area: 2,610
  • Gross Building Area: 2,610
  • Building Area: 1,864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,864
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESMERE AT OCOEE UT 1
  • Land Acres: 0000000253
  • Standard Land Use Code: 1001
  • County Land Use Code: 0103
  • State Land Use Code: 001
  • Legal Description 1: WESMERE AT OCOEE UNIT 1 25/110 LOT 24 BL K B

Neighborhood

  • School District Name: Orange County School District
  • School Tax School District: 5300 5310 5330
  • Census Tract: 017119

Zoning

  • Zoning: PUD-LD

Geography

  • Assessors Map Reference: 52B
  • Subdivision Tract Number: 9139
  • Parcel: 30-22-28-9139-02-240
  • Block: K
  • Lot: 24
  • Meridian: SEC 30 TWN 22S RNG 28E
  • Municipality: OCOEE
  • Latitude: 28.539
  • Longitude: -81.552

    Address

  • Full Address: 523 Laurenburg Ln
  • Legal Unit: 1
  • Address - House Number: 523
  • Address - Street Name: Laurenburg
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Ocoee
  • Carrier Code: R004
  • 4-Digit Zip Code: 4723
  • Zip Code: 34761

Valuation

    Tax

  • Total Area: 2,161
  • Tax Year: 2023
  • Tax Amount: $637,659
  • Tax Rate Code Area: 65-OCO

    Appraisal Valuation

  • Standard Deviation: 0.154
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 81
  • Final Value: 515,697
  • High Value: 595,157
  • Low Value: 436,237

    Market Valuation

  • Market Total Value: $361,118
  • Market Land Value: $100,000
  • Market Improvement Value: $261,118

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $361,118
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $261,118

    Sales

  • Current Sale Contract Date: Aug 20, 2021
  • Current Sale Recording Date: Aug 31, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20210533514
  • Previous Sale Recording Date: Jun 26, 2014
  • Previous Sale Contract Date: Jun 13, 2014
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: 71
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 Wesmere at Ocoee

Stats & Trends

Median Asking:

$560,000

Sale Price/ft²

$237

Above Asking

0.00%

Average Days on Market

89

Average Home Size

2361 ft²

Average Home Age

32.5 years

Currently For Sale

0 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

Unit for rent at 884 Klondike Street, WINTER GARDEN, FL, 34787

$2,600 /mo

  • 4 Beds
  • 2 Baths
  • 1,485 ft²
884 Klondike Street, WINTER GARDEN, FL, 34787 Listing by Nicole Mickle

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Kevin Sullivan
LAKESIDE REALTY WINDERMERE INC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O5958631
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 523 Laurenburg Lane built and last sold?
The property at 523 Laurenburg Lane was built in 1992 and last sold on Aug 20, 2021 for $380,000.
How much is this home worth?
The estimated value of the home located at 523 Laurenburg Lane is $0.
What are some comparable homes to 523 Laurenburg Lane?
There are currently no comparable homes to 523 Laurenburg Lane.
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