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5501 Bay Side Drive

5501 Bay Side Drive, Orlando, FL 32819
Property in North Bay
Sold Oct 21, 2021
$1,205,000
$400,000 by Fairwinds Credit Union
Mortgage Due Aug 25, 2053
Sold Nov 09, 2015
$615,000
$522,750 by Jpmorgan Chase Bank Na
Mortgage Due Nov 01, 2045
5501 Bay Side Drive has been categorized by the local assessors in Orlando, FL as a residential type of property. The building on the property was first built in 2008 and is 16 years old. However, we must point out that the home was most recently renovated and altered in 2018. The home has a total of 4 bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5501 Bay Side Drive has 4,080 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 19,928 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 720 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a gable or hip style roof made of tile. The exterior walls of the building are made of concrete block. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5501 Bay Side Drive sold most recently in Oct 15, 2021 for a total of $1,205,000. If you work out the math, that's approximately a cost of $195.24 per sqft. Before that, the property was also sold for $615,000 in Oct 30, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $15,990 in taxes each year. 5501 Bay Side Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,019,517. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2018
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Building Quality: C+
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Marble
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 19,928
  • Total Building Area: 6,172
  • Gross Building Area: 6,172
  • Building Area: 4,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,080
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTH BAY SEC 1
  • Land Acres: 0.457
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NORTH BAY SECTION 1 12/82 LOT 61

Ownership

  • Current Owner : MCCLAIN BRIAN
  • Previous Owner : TRUJILLO EDWARD DANIEL
  • Previous Owner 2: NIKNAZEMI TRUJILLO MONA
  • Owner Before Previous Owner: MENDELSON JODY E
  • Owner Before Previous Owner 2: MENDELSON MONICA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orange County School District
  • School Tax School District: 0232 0332 2440
  • Census Tract: 017109

Zoning

  • Zoning: P-D

Geography

  • Assessors Map Reference: 72C
  • Section: 1
  • Subdivision Tract Number: 5938
  • Parcel: 21-23-28-5938-00-610
  • Lot: 61
  • Meridian: SEC 21 TWN 23S RNG 28E
  • Municipality: UN-INCORPORATED
  • Latitude: 28.4767
  • Longitude: -81.513

    Address

  • Full Address: 5501 Bay Side Dr
  • Address - House Number: 5501
  • Address - Street Name: Bay Side
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Orlando
  • Carrier Code: C063
  • 4-Digit Zip Code: 4057
  • Zip Code: 32819

Valuation

    Tax

  • Total Area: 4,721
  • Tax Year: 2023
  • Tax Amount: $15,990
  • Tax Rate Code Area: 75-ORG

    Appraisal Valuation

  • Standard Deviation: 0.1682
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 78
  • Final Value: 1,457,432
  • High Value: 1,702,616
  • Low Value: 1,212,247

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: FAIRWINDS CREDIT UNION
  • First Open Lien Mortgage Recording Date: Aug 02, 2023
  • First Open Lien Mortgage Loan Amount: $400,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Aug 25, 2053

    Market Valuation

  • Market Total Value: $1,205,959
  • Market Land Value: $175,000
  • Market Improvement Value: $1,030,959

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,019,517

    Sales

  • Current Sale Contract Date: Oct 15, 2021
  • Current Sale Recording Date: Oct 21, 2021
  • Current Sale Transaction ID: 11861633537
  • Current Sale Price: $1,205,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210642832
  • Previous Sale Recording Date: Nov 09, 2015
  • Previous Sale Contract Date: Oct 30, 2015
  • Previous Sale Amount: $615,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVERETT FINANCIAL INC
  • First Mortgage Transaction Date: Oct 21, 2021
  • First Mortgage Loan Amount: $964,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Nov 09, 2015
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $522,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Nov 01, 2045

About Bay Hill



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5501 Bay Side Drive located in?
The 5501 Bay Side Drive is a located in the neighborhood of North Bay in Bay Hill, Orlando.
What is the average sales price for listings in 5501 Bay Side Drive?
The average sales price for units in 5501 Bay Side Drive is $0 currently.

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