NOT LISTED FOR SALE

1007 Down Dr Windermere, FL 34786

Estimated Value: $711,000 - $936,000

0.7 Acre
$1,198,096 Price per Acre
30,492 Sq Ft Lot

Last Sold January 25, 2021

Last sale price $500,000 $95 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,362/month

65 Days on Market

Highlights

  • Waterfront Community
  • Public Boat Ramp
  • Security Service
  • Windermere Elementary School Rated A
  • Gated Community
  • High Speed Internet

About This Lot

As of January 2021

FINAL OPPORTUNITY - ONLY ONE INTERIOR HOMESITE AND ONE LAKEFRONT REMAIN AVAILABLE. Beautiful home site ready for building in this 24-hour virtual “guard” gated Town of Windermere neighborhood. Perfectly situated on the shores of Lake Down of the famed Butler Chain of Lakes. Only ten brand new custom homes will be built with five interior and five lakefront home sites. Location offers easy access to downtown Windermere, Orlando’s famed attractions, restaurants, shopping, golf-and other recreation venues.

Last Agent to Sell the Property

Matt Tomaszewski

CORCORAN PREMIER REALTY License #3014560 Listed on: 08/04/2020

CORCORAN PREMIER REALTY

Co-Listed By

Steve Healy

CORCORAN PREMIER REALTY License #3031216

CORCORAN PREMIER REALTY

Last Buyer's Agent

Steve Healy

CORCORAN PREMIER REALTY License #3031216

CORCORAN PREMIER REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,429

Lot Details

  • 0.7 Acre Lot
  • Lot Dimensions are 143x188x143x216
  • East Facing Home

HOA Fees

  • $385 Monthly HOA Fees

Utilities

  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 09-23-28-7496-00-080

Community Details

Overview

  • Association fees include security
  • Lake Down Reserve HOA, Phone Number (407) 654-8334
  • The community has rules related to deed restrictions, allowable golf cart usage in the community

Recreation

  • Public Boat Ramp
  • Waterfront Community

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,429

Lot Details

0

HOA Fees

$385 per month

Listing Details

  • HOA Fee Includes: Security
  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.70
  • Lot Size Sq Ft: 30512
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Direction Faces: East
  • Water Access: Lake - Chain of Lakes, Limited Access
  • Flood Zone Code: X
  • Flood Zone Date: 09/25/2009
  • Flood Zone Panel: 12095C0385F
  • Water Access: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community, Golf Carts OK, Public Boat Ramp, Waterfront
  • Pet Restrictions: Per HOA and County
  • Monthly HOA Fees: 385.00
  • Association Amenities: Gated, Security
  • Association Fee: 385.00
  • Association Fee Frequency: Monthly
  • Association Fee Requirement: Required
  • Association Name: Lake Down Reserve HOA
  • Phone: 4076548334
  • Association: Yes

Fee Information

  • Total Annual Fees: 4620.00
  • Total Monthly Fees: 385.00

Lot Info

  • Price Per Acre: 714286
  • Total Acreage: 1/2 to less than 1
  • Zoning: SFR
  • Parcel Number: 09-23-28-7496-00-080
  • Current Use: Unimproved Land
  • Lot Dimensions: 143x188x143x216
  • Lot Size Square Meters: 2835

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 2429.01
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2021
Sold by
Saar International Llc
Bought by
Aleti Sumith and Aleti Ravi Nivali
Current Estimated Value
$838,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Outstanding Balance
$2,172,901
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
-$1,334,234

Purchase Details

Listed on
Aug 4, 2020
Closed on
Jan 29, 2021
Sold by
Wld Holdings Llc
Bought by
Saar International Llc
Seller's Agent
Matt Tomaszewski
CORCORAN PREMIER REALTY
Buyer's Agent
Steve Healy
CORCORAN PREMIER REALTY
List Price
$549,000
Sold Price
$500,000
Premium/Discount to List
-$49,000
-8.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.88%
Original Mortgage
$300,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2019
Sold by
Ewald Robert H
Bought by
Wld Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
3.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Aleti Sumith $550,000 Premier Florida Title Llc
Saar International Llc $500,000 Premier Florida Title
Wld Holdings Llc $1,980,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aleti Sumith $2,400,000
Previous Owner Saar International Llc $300,000
Previous Owner Wld Holdings Llc $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2021 01/25/21 Sold $500,000 -8.9% $95 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $549,000 -- $105 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,465 $450,000 $450,000 --
2024 $6,955 $450,000 $450,000 --
2023 $6,955 $450,000 $450,000 $0
2022 $6,974 $450,000 $450,000 $0
2021 $4,527 $450,000 $450,000 $0
2020 $2,294 $150,000 $150,000 $0
2019 $2,429 $150,000 $150,000 $0
2018 $2,460 $150,000 $150,000 $0
2017 $2,414 $150,000 $150,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Matt Tomaszewski

    Seller's Agent in 2021

    Matt Tomaszewski

    CORCORAN PREMIER REALTY

    (407) 719-5956

    54 in this area

    126 Total Sales

    Matt Tomaszewski
    Section Image
  • Steve Healy

    Seller Co-Listing Agent in 2021

    Steve Healy

    CORCORAN PREMIER REALTY

    (407) 230-1441

    55 in this area

    134 Total Sales

    Steve Healy
    Section Image
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Map

Source: Stellar MLS

MLS Number: O5882664

Stellar MLS

APN: 09-2328-7496-00-080

Florida Orange County Windermere 34786

1007 Down Dr, Windermere, FL

Not Listed for Sale

Lots

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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