225 S Summerlin Ave, Orlando, FL 32801

4 beds2 baths1,734 sqft

For Sale
$249,900
Zestimate®: $240,166
Est. Mortgage
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My Notes

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Location * Location * Location * LAKE front & INCOME Producing Property. Lots in this area are selling for $200k and not on the lake. RENTAL INCOME $ 2,075.00 per month. Lake Olive *** Downtown Orlando *** Thornton Park. FIRM on asking price. Walking distance to restaurants, parks, downtown Orlando. High end town home construction project across the street (Thornton Park Brownstones). Zoned R2, approximate lot size 54 x 102. Hardwood floors and volume ceilings. This property is in need of some repairs that are effecting the structure. Please be sure to tell your Realtor to give you the file associated with this property. Must be cash buyer or possible 203K loan. Sellers are firm on price.

Facts

  • Lot: 8,333 sqft
  • Multi Family
  • Built in 1957
  • 98 days on Zillow
  • Views: 15,548 all time views
  • 33 shoppers saved this home
  • Cooling: Central
  • Heating: Forced air

Features

  • Flooring: Hardwood
  • Parking: Carport, 2 spaces

    Additional Features

    • Air Conditioning: Central
    • Appliances Included: Dishwasher
    • Appliances Included: Hot Water Electric
    • Appliances Included: Range
    • Exterior Construction: Block
    • Deck Covered
    • Financing Available: Cash
    • Heatingand Fuel: Central
    • Housing For Older Persons: A
    • Interior Layout: Volume Ceilings
    • Listing Type: Exclusive Right to Sell
    • Location: Sidewalk
    • Office Primary Board ID: Orlando Regional
    • Ownership: Fee Simple
    • Roof: Shingle
    • Special Sale Provision: None
    • Status: Active
    • Utilities: Street Lights
    • Appliances Included: Refrigerator
    • Special Listing Type: Not Applicable
    • Utilities: Public Utilities
    • Square Foot Source: Public Records
    • HOA Common Assn: None
    • Location: Close to Bus Line
    • Pool: None
    • Last Status: Temporarily Off-Market
    • Utilities: Public Sewer
    • Appliances Included: Dryer
    • Mature Landscaping
    • Floor Covering: Wood
    • Garage Carport: 2 Car Carport
    • Appliances Included: Washer
    • Architectural Style: Ranch
    • Appliances Included: Range Hood
    • Oak Trees
    • Showing Time: Set Appointment
    • Covered Parking
    • Front Exposure: West
    • Water Frontage: Lake
    • Location: Historic District
    • Sidewalk
    • Property Type: Income
    • Lease Terms: Tenant Pays Electric
    • Property Style: Duplex
    • Location: Street Brick
    • Lease Terms: Tenant Pays Water
    • Lease Terms: Tenant Pays Sewer

    Appliances Included

    • Dishwasher
    • Dryer
    • Range / Oven
    • Refrigerator
    • Washer

    Construction

    • Construction quality:
      6.0
      Provided by the county assessor, this grade is based on a scale that varies by market. For more information, or to update the grade, contact the county assessor's office.
    • Exterior material: Other
    • Roof type: Other
    • Stories: 1
    • Structure type: Ranch
    • Unit count: 2

    Other

    • Floor size: 1,734 sqft
    • Last remodel year: 1970
    • Laundry: In Unit
    • Parcel #: 252229931206012
    • Zillow Home ID: 46197087

    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

    Don't agree with your home's Zestimate? Owners can edit their home facts to make the Zestimate more accurate. Plus, you can leave an opinion on your Zestimate value below. Just click "Owner Estimate".
    $240,166
    +$828 Last 30 days
    $228K
    $257K
    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
    $1,292/mo
    -$11 Last 30 days
    $969
    $1.8K
    Zestimate range
    Owner estimate:
    Posted on 05/27/2013
    $260,000 (based on comparative market analysis)

    Comparable Homes

    Homes like this sold for $170-375K.

    $140K
    $400K

    Popularity on Zillow

    4,760 views since listing
    15,548 all-time (chart)
    33 shoppers saved
    this home to their list of favorites

    Mortgages

    Neighborhood: Thornton Park

    Zillow predicts 32801 home values will rise 7.3% next year, compared to a 8.5% increase for Orlando as a whole. Among 32801 homes, this home is 10.5% more expensive than the midpoint (median) home, but is priced 28.7% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In 32801, the number of foreclosures waiting to be sold is 4.4% less than in Orlando, and 146.7% higher than the national average. This lower local number could help 32801 home values rise more quickly than other regions in Orlando.

    Learn more about forecast calculations or 32801 home values.
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