1625 Simonton Ave, Orlando

Usage

Single Family

Address:

1625 Simonton Ave
Orlando
FL 32806

Property Size:1,741 sq ft
Bedrooms:3.00
Bathrooms:2.00
Year Built:1953
Property Class:B4
Latitude:28.501
Longitude:-81.359

Not Offered for Sale

Our records indicate this property is not currently for sale but we may be able to find something similar. Contact us for details.

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Visulate is a real estate brokerage based in Merrit Island, Florida. We have assembled a database with details of every property in Florida. Finding the property on our site does not necessarily mean it is for sale or rent at this time.

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Orange County County, Florida

Orange County is part of the East Central Florida region. Orlando is Orange County's largest city and is home to many of the country's most popular theme parks, making tourism the county's main industry. Other main industries for Orange County are life sciences & health care resources; modeling, simulation & training resources; optics & photonics resources; and clean technology.

Orange County is also home to the University of Central Florida, which is the second largest public university in the country at approximately 60,000 students. Orange County's largest private sector employers are Walt Disney World, Adventist Health Systems, Universal Orlando, Orlando Health, and Busch Entertainment Corp. Top public sector employers are Orange County Public Schools, Greater Orlando Aviation Authority, Orange County Government, and The University of Central Florida. ..more


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Links

  1. 1625 Simonton Ave, Orlando, FL on Zillow
  2. Recent Sales near 1625 Simonton Ave, Orlando, FL on Realtor.com
  3. 1625 Simonton Ave, Orlando, FL on Google Maps
  4. Orlando, FL Property Values on Trulia
  5. Demographic Data for Zipcode 32806 from City-Data.com
  6. Orlando Demographics from City-Data.com
  7. Phone numbers and opening hours for businesses in the 32806 Zipcode

Owner Details

Companies near this Address

  1. Dominicus Press, Inc. (1422 Sweetbriar Rd)
  2. The Community Church Of The Brethren, Incorporated (3839 S Ferncreek Ave)
  3. Leonardo Lopez Plumbing, Inc. (1503 Simonton Ave)
  4. Thornton Gardens Ii, LLC (1516 Montcalm St)
  5. Pro Am Services LLC (1517 Montcalm St)
  6. Lu Burchfield, Inc. (3849 Martin St)
  7. Dave'S Submetering, Inc. (3880 Martin St)
  8. Advance Pool, Inc. (1721 Simonton Ave)

Sales History

DateSold BySold ToDeed TypePrice
06/01/1967 Not Recorded Not Recorded Warranty Deed/Special Warranty Deed 14,000.00
05/29/2009 Not Recorded Buyer: 1510408 Warranty Deed/Special Warranty Deed 100.00

Orange County Real Estate - Orlando

Orlando

Orlando is the fifth most populated city in Florida and is located in Orange County. Orlando is often nicknamed "the theme park capital of the world," as it is home to Walt Disney World, Universal Studios, Seaworld, and numerous other theme parks. As a result, Orlando is also known as the tourist capital of the world, attracting 51 million tourists a year. Orlando is a popular destination for conventions: the Orange County convention center is the second largest in the world. The Orlando metropolitan area has a $13.4 billion technology industry and employs 53,000 people. Orlando is also home to the Darden Restaurants headquarters, the largest operator of restaurants in the world by revenue. The University of Central Florida also resides in Orlando and is the second largest university in the United States. Orlando's top employers are Walt Disney World, Orange County Public Schools, State of Florida Government, Adventist Health System, Florida Hospital, and Wal-Mart Stores.

Orlando is in East Central Florida. It's population as recorded in the 2010 Census was 238,300.

The median age for residents of Orlando is 32.8. Around 28.5% of Orlando households include school aged children and 16.7% of households include individuals aged 65 years or over. Census records indicate 57.5% of the Orlando population are White, 28% are Black or African American, .3% American Indian, 3.7% Asian and 3.4% are Two or more Races. Orlando has a significant Hispanic population. 25.3% (60,483) of Orlando residents are of Hispanic or Latino origin. Of these 7.04% are of Mexican origin, 51.58% Puerto Rican, 7.1% Cuban and 34.25% are of other Hispanic or Latino origin.

There are 121,254 housing units in Orlando. 18,733 (15.4%) of these were reported as vacant in the 2010 Census. There are 72,485 residential rental units in Orlando. 62,063 of them were occupied in 2010 providing a residential rental vacancy rate of 14%.

Orlando links:

Nearby Cities

Local Household Income

The median household income in this part of Florida is $55,146. The bottom 10% of the population earn less than $17,816 per year. The top 10% earn more than $141,176 per year. The top 1% earn more than $476,582 per year. Most renters earn between $26,832 (20th percentile) and $42,132 (80th percentile) per year.

Source: US Census American Community Survey - 2007-2011 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $978. Most renters earn between $2,236 and $3,511 per month. They typically spend 37% of their monthly income on rent. Most rents fall in the $774 (20th percentile) to $1,278 (80th percentile) range. The residential vacancy rate is 11%.

Estimated Value: 1625 Simonton Ave

Market Data

In 2013 class A single family properties in Orlando sold for $102.70 to 818.60 per sq ft with a median price per sq ft of $125.86. Class B properties sold for $56.63 to 102.69 per sq ft with a median of $79.98 and class C properties sold for $10.07 to 56.62 per sq ft with a median of $47.49.

Market Valuation

1625 Simonton Ave appears to be a B Class property. Suggested value: $192,031

HighMedianLow
Value246,557 192,031 135,968

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $91,957. Details of how we produced this estimate value appear below:

The income value of a property identifies its value as a rental property, Value = Rent - Expenses / Cap Rate. The following table shows four different rent estimates for 1625 Simonton Ave:

  • The Household Income estimate assumes the tenant has a total household income of $73,676 and spends 37% of this on rent. The household income estimate is derived from census data and tax records.
  • The Household Income - Renters estimate performs a similar calculation based on the household income of renters rather than all households.
  • The Market Rents estimate evaluates this property in comparison to rental properties in the area.
  • The Price/Ft estimate uses the size of the property to estimate its rent.

Click on a rent value to download a spreadsheet that estimates the NOI (net operating income), cash on cash return, income value and IRR (internal rate of return) for this property.

Valuation ModelMonthly Rent
Household Income - All Households $2,272
Household Income - Renters $1,253
Market Rents $1,213
Price/Ft $1,600

Expense Estimates:

  • Census data records show 11% of the rental properties in this area are vacant. We've added a 5% bad dept allowance to this.
  • Maintenance costs are estimated based on the size of the property.
  • The property tax estimate uses the average millage rate for the county. It does not include adjustments for city or unincorporated areas. Actual taxes may vary.
  • Insurance estimates are based on the size and location of the property. They are not adjusted for age, flood zone or other risk factors
  • We don't have a way to estimate HOA fees. These should be added manually

The following table shows a income valuation estimate for 1625 Simonton Ave. Download a spreadsheet or click on the Estimate Cashflow link to change its estimates and assumptions. Alternatively, click on the Save button to upload a copy of the spreadsheet to Google Drive.

Amount
Monthly Rent1,213
Annual Rent per Sq Ft8.00
Gross Annual Rent14,553
Vacancies and Bad Debt16%
Vacancies and Bad Debt Amount2,328
Maintenance905
HOA, Utilities and CAM0
Property Taxes2,215
Insurance1,213
Management Fees1,455
NOI6,437
Cap Rate7
Estimated Value91,957
Edit Values and Estimate Cashflow Estimate Cashflow
Save to Google Drive (Google login required)

Page 1 of 2. Click on the Estimate Cashflow link to navigate to Page 2.

Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.