NOT LISTED FOR SALE

1512 Langham Terrace Lake Mary, FL 32746

Estimated Value: $1,154,000 - $1,239,441

5 Beds
4 Baths
4,162 Sq Ft
$292/Sq Ft Est. Value

Last Sold August 06, 2018

Last sale price $775,000 $186 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $7,617/month

2 Days on Market

Highlights

  • Water Views
  • In Ground Pool
  • Reverse Osmosis System
  • Heathrow Elementary School Rated A
  • Custom Home
  • Family Room with Fireplace

About This Home

As of August 2018

Welcome to THE RESERVE located behind the gates of Heathrow, one of the most desired neighborhoods in Lake Mary. This custom, one of a kind waterfront home was built by Hillcrest Homes. Designed around a water view, you feel like your on vacation every day in your very own private outdoor paradise!! This 5-bedroom and 4-bath home features first floor master, first floor office with hand carved wall units, 2 additional bedrooms and 3 baths. Upstairs you will find the billiards/bonus room, 2 additional bedrooms and a full bath. As you enter the stately custom doors, you will be welcomed by the soaring 12 ft ceilings, which are adorned with crown molding, custom millwork, gorgeous arches that leads to the stunning water views that await. The updated kitchen features sparkling white quartz countertops, Carrera marble backsplash, stainless steel appliances, including a recently added built in Monogram refrigerator, reverse osmosis and water softener. The family room, which is open to the kitchen, features hand carved built-ins, gas fireplace, spectacular views of the water and 8 ft doors that open to the salt water spa and pool. Two energy efficient Carrier HVAC systems were recently installed along with a hot water heater and washer/dryer. Many additional improvements have been made to the property, list available upon request. Heathrow amenities include two 24/7 maned guard gates, Sawyer Lake Park, walking paths and Private Heathrow Country Club. Heathrow is very close to Colonial Town Center with fun shops, restaurants and a luxury recliner movie theater. Beaches and Theme Parks are only 45 minutes away. This Property may be under audio and visual surveillance.

Last Agent to Sell the Property

Pamela Porazzo

REAL PROPERTY INTERNATIONAL License #3370619 Listed on: 06/09/2018

REAL PROPERTY INTERNATIONAL

Last Buyer's Agent

Richard Palmano

PALMANO GROUP RE BROKERAGE LLC License #3120608

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,985

Year Built

  • Built in 2007

Lot Details

  • 0.28 Acre Lot
  • Irrigation
  • Property is zoned PUD

HOA Fees

  • $184 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Custom Home
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,162 Sq Ft Home
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Disposal
  • Reverse Osmosis System

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Screened Patio
  • Exterior Lighting

Schools

  • Markham Woods Middle School
  • Seminole High School

Utilities

  • Central Air
  • Heating Available
  • Underground Utilities
  • Propane
  • Electric Water Heater
  • Water Softener
  • Cable TV Available

Community Details

  • Reserve At Heathrow Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,985

Year Built

Built in 2007

Lot Details

0

HOA Fees

$184 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 4162
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 2007
  • Lot Size Sq Ft: 12102
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5712275&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5712275&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 186.21
  • Close to Original List Price Ratio: 1
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Family Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 4
  • Interior Amenities: Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Master Bedroom Main Floor, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Kitchen Reverse Osmosis System, Microwave, Range Hood, Refrigerator, Washer, Water Softener, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Spa Yn: Yes
  • Room Count: 9
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: In Ground
  • Exterior Features: Balcony, Irrigation System, Lighting
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Screened
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12117C0065F
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Propane, Public, Sprinkler Meter, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 552
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 2208
  • Monthly HOA Fee: 184
  • Total Monthly Fees: 184

Schools

  • High School: Seminole High
  • Middle Or Junior School: Markham Woods Middle

Lot Info

  • Zoning: PUD
  • Parcel Number: 36-19-29-505-0000-0300
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2007-09-28
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 7 Months
  • Pet Restrictions: Must confirm with HOA
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Must confirm with HOA

Tax Info

  • Tax Annual Amount: 8985
  • Tax Block: 0000
  • Tax Book Number: 55-94
  • Tax Lot: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2018
Closed on
Aug 6, 2018
Sold by
Porazzo Leonard D and Porazzo Pemela S
Bought by
Mccray Qwesi and Mccray Devina
Seller's Agent
Pamela Porazzo
REAL PROPERTY INTERNATIONAL
Buyer's Agent
Richard Palmano
PALMANO GROUP RE BROKERAGE LLC
List Price
$775,000
Sold Price
$775,000
Current Estimated Value
$1,215,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$440,110
Avg. Annual Appreciation
6.38%
Original Mortgage
$750,000
Outstanding Balance
$651,345
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$563,765

Purchase Details

Closed on
Nov 28, 2016
Sold by
Reichel Faith E
Bought by
Porazzo Leonard D and Porazzo Pamela Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,250
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2009
Sold by
Reichel Norris D and Reichel Barbara L
Bought by
Reichel Norris D and Reichel Barbara L

Purchase Details

Closed on
Aug 13, 2007
Sold by
Hillcrest Homes & Development Inc
Bought by
Reichel Norris D and Reichel Barbara L

Purchase Details

Closed on
Oct 10, 2003
Sold by
Heathrow Land Co Lp
Bought by
Hillcrest Homes & Development Inc
Source: Public Records

Range of Values:

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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
Mccray Qwesi $775,000 Integrity Title & Guaranty A
Porazzo Leonard D $625,000 Attorney
Reichel Norris D -- Attorney
Reichel Barbara L -- Attorney
Reichel Norris D -- Attorney
Reichel Norris D -- First American Title Ins Co
Hillcrest Homes & Development Inc $115,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccray Qwesi $750,000
Previous Owner Porazzo Leonard D $531,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2018 08/06/18 Sold $775,000 0.0% $186 / Sq Ft
06/10/2018 06/10/18 Pending -- -- --
06/08/2018 06/08/18 For Sale $775,000 -- $186 / 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
2024 $12,507 $963,760 -- --
2023 $12,226 $935,689 $215,000 $720,689
2021 $9,548 $674,779 $180,000 $494,779
2020 $9,467 $663,503 $0 $0
2019 $9,465 $653,463 $0 $0
2018 $8,813 $638,673 $0 $0
2017 $8,985 $639,388 $0 $0
2016 $10,068 $669,401 $0 $0
2015 $9,237 $632,828 $0 $0
2014 $9,237 $632,107 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5712275

Stellar MLS

APN: 36-19-29-505-0000-0300