4243 Mendenwood Ln, Orlando

Usage

Single Family

Address:

4243 Mendenwood Ln
Orlando
FL 32826

Property Size:1,449 sq ft
Bedrooms:3.00
Bathrooms:2.00
Year Built:1997
Property Class:B3
Latitude:28.604
Longitude:-81.171

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. 4243 Mendenwood Ln, Orlando, FL on Zillow
  2. Recent Sales near 4243 Mendenwood Ln, Orlando, FL on Realtor.com
  3. 4243 Mendenwood Ln, Orlando, FL on Google Maps
  4. Orlando, FL Property Values on Trulia
  5. Demographic Data for Zipcode 32826 from City-Data.com
  6. Orlando Demographics from City-Data.com
  7. Phone numbers and opening hours for businesses in the 32826 Zipcode

Owner Details

Companies near this Address

  1. Potential Creative, LLC (4200 Newtonhall Dr)
  2. Heavenly Lawn Services Inc. (4209 Iveyglen Ave)
  3. Sure Import Export LLC (4220 Stonefield Dr)

Sales History

DateSold BySold ToDeed TypePrice
02/13/1997 Not Recorded Not Recorded Unknown 93,100.00
10/19/2004 Not Recorded Not Recorded Warranty Deed/Special Warranty Deed 155,000.00
11/17/2010 Not Recorded Buyer: 1542522 Quit Claim 100.00
11/01/2012 Seller: 1542522 Not Recorded Unknown 108,000.00
02/01/2013 Not Recorded Buyer: 3538990 Unknown 131,000.00

Seminole County Real Estate - Oviedo

Oviedo is in East Central Florida. It's population as recorded in the 2010 Census was 33,342. Oviedo is approximately 14 miles from Orlando (population 238,300) and around 16 miles from Deltona (population 85,182).

The median age for residents of Oviedo is 35.3. Around 46.7% of Oviedo households include school aged children and 15.5% of households include individuals aged 65 years or over. Census records indicate 81.8% of the Oviedo population are White, 8.6% are Black or African American, .2% American Indian, 3.7% Asian and 2.7% are Two or more Races.

There are 11,720 housing units in Oviedo. 595 (5%) of these were reported as vacant in the 2010 Census. There are 2,436 residential rental units in Oviedo. 2,281 of them were occupied in 2010 providing a residential rental vacancy rate of 6%.

Oviedo links:

Nearby Cities

Local Household Income

The median household income in this part of Florida is $53,009. The bottom 10% of the population earn less than $17,482 per year. The top 10% earn more than $127,859 per year. The top 1% earn more than $360,991 per year. Most renters earn between $28,044 (20th percentile) and $41,868 (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 $983. Most renters earn between $2,337 and $3,489 per month. They typically spend 37% of their monthly income on rent. Most rents fall in the $788 (20th percentile) to $1,234 (80th percentile) range. The residential vacancy rate is 8%.

Estimated Value: 4243 Mendenwood Ln

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

4243 Mendenwood Ln appears to be a B Class property. Suggested value: $116,611

HighMedianLow
Value149,723 116,611 82,567

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $103,043. 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 4243 Mendenwood Ln:

  • The Household Income estimate assumes the tenant has a total household income of $69,169 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 $2,133
Household Income - Renters $1,214
Market Rents $1,174
Price/Ft $1,200

Expense Estimates:

  • Census data records show 8% 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 4243 Mendenwood Ln. 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 Rent1,174
Annual Rent per Sq Ft10.00
Gross Annual Rent14,093
Vacancies and Bad Debt13%
Vacancies and Bad Debt Amount1,832
Maintenance753
HOA, Utilities and CAM0
Property Taxes1,765
Insurance1,121
Management Fees1,409
NOI7,213
Cap Rate7
Estimated Value103,043
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.