1416 Selma Ave, Orlando, FL 32825

3 beds3 baths1,300 sqft

Sold: $36,000
Sold on 08/03/12
Zestimate®: $117,379
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

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CASH ONLY - Current tenants in place paying $1,000 on a month to month lease. They would love to stay and are asking for a 2 year lease! Rental Rates range from $1,050 - 1,200 in that neighborhood. Buy and keep it as a rental or move in yourself! This property was bought as an REO and was COMPLETELY rehabbed (new roof in 2012, granite countertops, new tile, new siding off third bedroom, paint, electrical, and bathrooms). Properties that are rehabbed in the neighborhood are selling from $95,000 - $118,000.Rent: $12,000/yr Total Outgoing: (40%) 4,800/yr Current NOI: $7,200 Purchase Price: 80,000 Projected ROI: 8.9%CASH ONLY - All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $1,000 non-refundable deposit at time of contract. Seller will convey using an as-is contract and a special warranty deed. Buyer will be responsible for all closing costs unless otherwise indicated. CALL 407-205-7363!  More Less 

Facts

  • Lot: 6,324 sqft
  • Single Family
  • Built in 1924
  • Cooling: Central
  • Heating: Forced air
  • Last sold: Aug 2012 for $36,000
  • Price/sqft: $28

Features

  • Ceiling Fan
  • Deck
  • Fenced Yard
  • Fireplace
  • Flooring: Hardwood, Tile
  • Lawn
  • Parking: Garage - Attached, 187 sqft
  • Patio

Additional Features

  • Granite countertop, Living room

Appliances Included

  • Dishwasher
  • Microwave
  • Range / Oven
  • Refrigerator
  • Washer

Room Types

  • Dining room

Construction

  • Construction quality: 5.0
  • Exterior material: Other
  • Roof type: Shake Shingle
  • # Stories: 1.0
  • Unit count: 1

Other

  • Floor size: 1,300 sqft
  • Last remodel year: 1980
  • Laundry: In Unit
  • Parcel #: 192231127211200
  • Zillow Home ID: 46158227

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$117,379
-$1,070 Last 30 days
$103K
$129K
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$1,138/mo
+$21 Last 30 days
$967
$1.2K
Zestimate range

Popularity on Zillow

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3,486 all-time views
of this home (chart)
146 forecasted views of this home
in the first 7 days after listing for sale
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Neighborhood

Market guide

Zillow predicts 32825 home values will increase 4% next year, compared to a 3.8% rise for Orange as a whole. Among 32825 homes, this home is valued 30.4% less than the midpoint (median) home, and is valued 73.5% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 32825, the number of foreclosures waiting to be sold is 633.2% higher than in Orange, and 2157.2% greater than the national average. This higher local number may prevent 32825 home values from rising as quickly as other regions in Orange.

Learn more about forecast calculations or 32825 home values.
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    Nearby Schools in Orange

    GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    Data by GreatSchools.org