NOT LISTED FOR SALE

3000 Maingate Ln Unit 124 Kissimmee, FL 34747

Magic Village Neighborhood

Estimated Value: $67,281

1 Bed
1 Bath
304 Sq Ft
$375/mo HOA Fee

Last Sold March 31, 2023

Last sale price $70,000 $230 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $828/month

49 Days on Market

Highlights

  • Mature Landscaping
  • Elevator
  • Wet Bar
  • Community Pool
  • Bar Fridge
  • Crown Molding

About This Home

As of March 2023

INVESTOR ALERT - Price Adjustment! This condo-hotel room in the Galleria Palms located close to parks, dining and entertainment. This 1st floor suite has 2 queen beds, recently painted, upgraded with crown molding, tile flooring in bath and foyer, wall-mounted 49in flat screen TV, granite vanity with microwave, mini-fridge, coffee maker, wet bar, upgraded wi-fi, iron/ironing board and USB ports in the lighting fixtures all for your convinience. Bathroom offers dual sinks with granite. Complimentary shuttle service to parks and a hot breakfast served daily in lobby. Take a swim in the pool and relax on sun deck! The property has a new roof, new windows and new AC units being installed January 2023. This condo-hotel offers investors the perfect combination of hassle free investment and a wonderful place to stay while in the Orlando area. There is a full-time property management company. *Owners cannot occupy longer than 14 days at any one stay. The unit cannot be removed from the onsite rental program.

Last Listed By

Janine Venturella

NABE REALTY License #3301586 Listed on: 01/18/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $712

Year Built

  • Built in 1998

Lot Details

  • North Facing Home
  • Mature Landscaping
  • Irrigation

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Condo Hotel
  • Split Level Home
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 304 Sq Ft Home
  • Wet Bar
  • Bar Fridge
  • Crown Molding
  • Ceiling Fan
  • Window Treatments
  • Living Room

Kitchen

  • Recirculated Exhaust Fan
  • Microwave

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1240 / 1
  • Assessor Parcel Number 02-25-27-4123-0001-1240

Community Details

Overview

  • Association fees include cable TV, common area taxes, pool, electricity, escrow reserves fund, internet, maintenance structure, ground maintenance, management, pest control, sewer, trash, water
  • Chuck Warczak Association
  • Meridian Palms Comm Condo Subdivision
  • 5-Story Property

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$712

Year Built

Built in 1998

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Pool, Electricity, Escrow Reserves Fund, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Pool, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condo - Hotel
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 304
  • New Construction: No
  • Year Built: 1998
  • Building Area Total: 304
  • Lot Size Sq Ft: 131
  • Directions to Property: Take I-4 towards 192 East, turn left onto Maingate Lane.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 0
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 528873785
  • RATIO Current Price By Calculate: 230.26
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Thermostat, Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Exhaust Fan, Microwave
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: Multi/Split
  • Stories: 5
  • Window Features: Window Treatments
  • Street Number Modifier: 3000
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 28.24
  • Room Count: 3

Exterior Features

  • Direction Faces: North
  • Pool Features: Other
  • Exterior Features: Irrigation System, Lighting, Sidewalk
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2013-06-18
  • Flood Zone Panel: 12097C0030G

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Open

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool, Sidewalks
  • Association Amenities: Cable TV, Elevator(s), Laundry, Lobby Key Required, Pool
  • Association Fee: 375
  • Association Fee Frequency: Monthly
  • Association Name: Chuck Warczak
  • Association: Yes
  • Security: Fire Alarm, Fire Sprinkler System, Key Card Entry, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Fee Requirement: Required
  • Association Email: Chuck.warczak@fshospitality.com

Fee Information

  • Total Annual Fees: 4500.00
  • Total Monthly Fees: 375.00
  • Monthly HOA Amount: 375.00

Lot Info

  • Zoning: OTSC
  • Parcel Number: 02-25-27-4123-0001-1240
  • Additional Parcels: No
  • Lot Features: Level, Sidewalk, Paved
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 12

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Annual Amount: 712
  • Tax Block: 1
  • Tax Book Number: 3356-1665
  • Tax Lot: 1240

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Mar 31, 2023
Sold by
Cusimano Shawn and Cusimano Rachel
Bought by
Chapple Esmeralda L
Seller's Agent
Janine Venturella
NABE REALTY
Buyer's Agent
Janine Venturella
NABE REALTY
List Price
$78,900
Sold Price
$70,000
Premium/Discount to List
-$8,900
-11.28%
Total Days on Market
49
Views
461
Current Estimated Value
$67,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,719
Avg. Annual Appreciation
-1.89%

Purchase Details

Closed on
Dec 30, 2016
Sold by
Victory Property Inc
Bought by
Cusimano Shawn and Cusimano Rachel

Purchase Details

Closed on
Apr 16, 2015
Sold by
Aig Rentals Llc
Bought by
Victory Property Inc

Purchase Details

Closed on
May 6, 2014
Sold by
County Of Osceola
Bought by
Aig Rentals Llc

Purchase Details

Closed on
Jan 10, 2007
Sold by
Sf Development Llc
Bought by
Roundy Will T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,920
Interest Rate
6.08%
Mortgage Type
Commercial

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
Chapple Esmeralda L $70,000 Traditions Title & Escrow
Cusimano Shawn $39,900 Tradition Title & Escrow Llc
Victory Property Inc $27,600 None Available
Aig Rentals Llc $13,000 None Available
Roundy Will T $149,900 Sonoma Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roundy Will T $119,920
Previous Owner Roundy Will T $14,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $70,000 -6.7% $230 / Sq Ft
03/09/2023 03/09/23 Pending -- -- --
02/21/2023 02/21/23 Price Changed $75,000 -2.6% $247 / Sq Ft
02/08/2023 02/08/23 Price Changed $77,000 -2.4% $253 / Sq Ft
01/18/2023 01/18/23 For Sale $78,900 -- $260 / 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 $936 $64,400 -- $64,400
2023 $936 $29,052 $0 $0
2022 $743 $39,900 $0 $39,900
2021 $712 $35,600 $0 $35,600
2020 $752 $44,600 $0 $44,600
2019 $747 $41,100 $0 $41,100
2018 $718 $41,500 $0 $41,500
2017 $547 $16,400 $0 $16,400
2016 $465 $12,200 $0 $12,200
2015 $458 $12,200 $0 $12,200
2014 $389 $12,200 $0 $12,200
Source: Public Records

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Source: Stellar MLS

MLS Number: S5079522

Stellar MLS

APN: 02-25-27-4123-0001-1240