NOT LISTED FOR SALE

Estimated Value: $812,000 - $933,000

10 Beds
8 Baths
4,275 Sq Ft
$206/Sq Ft Est. Value

Last Sold February 14, 2022

Last sale price $776,000 $182 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,926/month

86 Days on Market

Highlights

  • Private Pool
  • Central Air
  • 2 Car Garage
  • Ceramic Tile Flooring
  • Ceiling Fan
  • East Facing Home

About This Home

As of February 2022

Amazing Luxury home Located in the Veranda Palms Resort with a 24/7 security gate, this stunning, spacious(4,219 sq.ft) villa comes with a private enclosed swimming pool, game room. Easy access to everything, such as Disney, Universal, Premium Outlets, Lake Buena Vista Outlets, Supermarket, many Stores, Loop Mall, and Pharmacies. Our villa is the perfect place for your vacation in Florida whether it is only for a few days or for a couple of weeks or even for investments. This home is zoned for short term rental - turn key income producer. This will not last!

Last Listed By

Grace Ren

US RELIANCE SOLUTIONS INC License #3250994 Listed on: 09/28/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,183

Year Built

  • Built in 2020

Lot Details

  • 4,828 Sq Ft Lot
  • East Facing Home
  • Property is zoned PUD

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 4,275 Sq Ft Home
  • Ceiling Fan
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Full Bathrooms

Pool

  • Private Pool

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Melrose Management/ Nancy Matrell Association, Phone Number (407) 228-4181
  • Visit Association Website
  • Veranda Palms Ph 2B1 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,183

Year Built

Built in 2020

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 4275
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 2020
  • Lot Size Sq Ft: 4828
  • Directions to Property: From US-17 N/US-92 E. Take S Poinciana Blvd to Old Vineland Rd in Kissimmee turn on Shanti Dr
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5975736?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5975736?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.97
  • Price per Sq Ft: 181.52
  • Close to Original List Price Ratio: 0.94634
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: NewHome

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 8
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher
  • Foundation Details: Slab
  • Total Bedrooms: 10
  • Levels: Two
  • Street Number Modifier: 2576
  • Room Count: 3

Exterior Features

  • Direction Faces: East
  • Exterior Features: Other
  • Roof: Concrete, Tile
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Electricity Available
  • Cooling: Central Air
  • Heating: Electric, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 749
  • Association Fee Frequency: Quarterly
  • Association Name: Melrose Management/ Nancy Matrell
  • Phone: (407) 228-4181
  • Association: Yes
  • Senior Community: No
  • Association Website: melrosecorporation.com
  • Association Email: nmartell@melrose.management
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 2996
  • Monthly HOA Fee: 249.67
  • Total Monthly Fees: 249.67

Lot Info

  • Zoning: PUD
  • Parcel Number: 12-25-28-5407-0001-1730
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 1-7 Days
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 7182.66
  • Tax Block: N/A
  • Tax Book Number: 5643-2692
  • Tax Lot: 173
  • Tax Other Annual Assessment Amount: 1860

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2022
Sold by
Kotrike and Sujatha
Bought by
Sunshine Strs Llc
Total Days on Market
86
Current Estimated Value
$878,752

Purchase Details

Listed on
Sep 28, 2021
Closed on
Feb 14, 2022
Sold by
Wan Zhang
Bought by
Kotrike Venkata and Konda Sujatha
Seller's Agent
Grace Ren
US RELIANCE SOLUTIONS INC
Buyer's Agent
Abiel Sanchez
REAL BROKER, LLC
List Price
$819,999
Sold Price
$776,000
Premium/Discount to List
-$43,999
-5.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.30%
Original Mortgage
$620,800
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2020
Sold by
Park Square Enterprises Llc
Bought by
Zhang Wan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,897
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2019
Sold by
Park Square Enterprises Llc
Bought by
Vivek Investment Corporation

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sunshine Strs Llc -- Townsend Frank M
Kotrike Venkata $776,000 First International Title
Zhang Wan $594,829 Psh Title Llc
Vivek Investment Corporation -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kotrike Venkata $620,800
Previous Owner Zhang Wan $356,897
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2022 02/14/22 Sold $776,000 -3.0% $182 / Sq Ft
12/21/2021 12/21/21 Pending -- -- --
12/09/2021 12/09/21 Price Changed $799,999 -2.4% $187 / Sq Ft
09/26/2021 09/26/21 For Sale $819,999 -- $192 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,252 $699,900 $120,800 $579,100
2023 $9,252 $635,600 $105,000 $530,600
2022 $8,381 $638,600 $57,500 $581,100
2021 $7,183 $460,100 $46,000 $414,100
2020 $610 $42,000 $42,000 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Stellar MLS

MLS Number: O5975736

Stellar MLS

APN: 12-25-28-5407-0001-1730