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526 South Eola Drive

526 South Eola Drive, Orlando, FL 32801
Commercial in Lake Cherokee
Sold Apr 17, 2023
$1,000,000
$14,513,500 by Servisfirst Bank
Mortgage
Sold Aug 07, 2006
$670,000
Local assessors in Orlando, FL have categorized 526 South Eola Drive as a residential type of property. The home was built in 1973 and is 51 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 10,485 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 8 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 8 full bathrooms. There are also 8 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 526 South Eola Drive has a total of 4,355 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 6 sqft. There are 6 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is fair. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a flat style roof that was made of asphalt and ply sheets in a built-up roof style. Lots of concrete were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 526 South Eola Drive was last sold in Apr 14, 2023 for $1,000,000. According to our calculations, that's $218.53 per sqft. Prior to that sales transaction, the property was sold for $670,000 in Jul 14, 2006. Current property owners are expected to pay $14,031 in taxes per year. The property on 526 South Eola Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $830,880. To break that down further, the land itself was valued at $321,000. While improvements to the property were assessed at a total of $509,880. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Block Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 8
  • Bathroom Count: 8
  • Full Bathrooms: 8
  • Partial Bathrooms: 8
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Concrete
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Flat
  • Roof Cover Type: Built-up
  • Floor Count: 2
  • Living Units: 6
  • Business/Commerical Units Count: 4
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 6
  • Parking Space Count: 6

    Dimensions

  • Lot Size Square Feet: 10,485
  • Total Building Area: 4,576
  • Gross Building Area: 4,576
  • Building Area: 4,355
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,355
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: POYNTER F T ADD
  • Land Acres: 0.241
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: F T POYNTERS ADDITION C/67 THE N 55 FT O F LOT 5 BLK 5

Ownership

  • Current Owner : PMF ORLANDO EOLA LLC
  • Previous Owner : XAGUAS LLC
  • Owner Before Previous Owner: CURRAN ERIC
  • Owner Before Previous Owner 2: CURRAN SERGE
  • Ownership Rights Codes: unknown
  • 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: 36-22-29-7228-05-051
  • Block: 5
  • Lot: 5
  • Meridian: SEC 36 TWN 22S RNG 29E
  • Municipality: ORLANDO
  • Latitude: 28.5357
  • Longitude: -81.3701

    Address

  • Full Address: 526 S Eola Dr
  • Address - House Number: 526
  • Street Direction: S
  • Address - Street Name: Eola
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Orlando
  • Carrier Code: C026
  • 4-Digit Zip Code: 3945
  • Zip Code: 32801

Valuation

    Tax

  • Total Area: 4,355
  • Tax Year: 2023
  • Tax Amount: $14,031
  • Tax Rate Code Area: 07-ORL

    Appraisal Valuation

  • Standard Deviation: 0.49
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 1
  • Final Value: 779,834
  • High Value: 1,161,970
  • Low Value: 397,697

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $14,513,500
  • First Open Lien Mortgage Lender: SERVISFIRST BANK
  • First Open Lien Mortgage Recording Date: Apr 17, 2023
  • First Open Lien Mortgage Loan Amount: $14,513,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1

    Market Valuation

  • Market Total Value: $830,880
  • Market Land Value: $321,000
  • Market Improvement Value: $509,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $830,880
  • Assessed Land Value: $321,000
  • Assessed Improvements Value: $509,880

    Sales

  • Current Sale Contract Date: Apr 14, 2023
  • Current Sale Recording Date: Apr 17, 2023
  • Current Sale Transaction ID: 11905482994
  • Current Sale Price: $1,000,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 213813
  • Previous Sale Recording Date: Aug 07, 2006
  • Previous Sale Contract Date: Jul 14, 2006
  • Previous Sale Amount: $670,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SERVISFIRST BANK
  • First Mortgage Transaction Date: Apr 17, 2023
  • First Mortgage Loan Amount: $14,513,500

About Lake Cherokee



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$3,600 /mo

  • 2 Beds
  • 2 Baths
  • 842 ft²
Listing by Darina Juykova

Frequently Asked Questions

What neighborhood is 526 South Eola Drive located in?
The 526 South Eola Drive is a commercial located in the neighborhood of Lake Cherokee in Lake Cherokee, Orlando.
What is the average sales price for listings in 526 South Eola Drive?
The average sales price for units in 526 South Eola Drive is $0 currently.

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