NOT LISTED FOR SALE

1562 Cedar Lake Dr Orlando, FL 32824

Estimated Value: $547,000 - $565,000

4 Beds
2.5 Baths
3,041 Sq Ft
$183/Sq Ft Est. Value

Last Sold December 20, 2023

Last sale price $525,000 $173 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,806/month

44 Days on Market

Highlights

  • 100 Feet of Lake Waterfront
  • Gated Community
  • Contemporary Architecture
  • Screened Pool
  • Clubhouse
  • Private Lot

About This Home

As of December 2023

Nestled within the vibrant community of Cedar Bend in Orlando, Florida, is an inviting two-story house that encapsulates the essence of comfortable living. This home boasts a prime location, offering both convenience and a serene escape from the bustling city life. Outside, the backyard offers a sanctuary for relaxation with its beautiful pool, simply soaking in the Florida sunshine. The property is enveloped by the warmth of the Orlando climate, inviting residents to embrace the outdoor lifestyle; while also having Disney World 14.3 miles away Via Fl-535, 417N. SELLER GIVING A CREDIT OF $10K FOR FLOORING WITH A FULL PRICE OFFER! Room Feature: Linen Closet In Bath (Primary Bedroom).

Last Agent to Sell the Property

Melanie Santana

EXP REALTY LLC Brokerage Phone: 888-883-8509 License #3158677 Listed on: 09/14/2023

EXP REALTY LLC

Last Buyer's Agent

Marilen Nacero

1 FLAMINGO REALTY, LLC License #3190819

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,014

Year Built

  • Built in 2005

Lot Details

  • 9,367 Sq Ft Lot
  • 100 Feet of Lake Waterfront
  • Lake Front
  • Southeast Facing Home
  • Vinyl Fence
  • Private Lot
  • Corner Lot
  • Garden
  • Property is zoned P-D

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Ground Level Parking
  • Garage Door Opener
  • Driveway

Property Views

  • Lake
  • Pool

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 3,041 Sq Ft Home
  • 2-Story Property
  • Dry Bar
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Intercom
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs

Pool

  • Screened Pool
  • In Ground Pool
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Access To Lake
  • Limited Water Access
  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,014

Year Built

Built in 2005

Lot Details

0

HOA Fees

$110 per month

Parking

2

Listing Details

  • HOA Fee Includes: Pool
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Brick, Concrete, Stucco
  • Fireplace: No
  • Living Area: 3041
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 3775
  • Lot Size Sq Ft: 9367
  • Directions to Property: Route via Michigan Ave, E Osceola Pkwy: Distance: 8.5 miles Estimated travel time: About 18 minutes Traffic congestion: Uknown Route via US-17 N, S Orange Ave: Distance: 8.6 miles Estimated travel time: About 19 minutes Traffic congestion: Unknown Route via Neptune Rd, FL-91 N1: Distance: 14 miles Estimated travel time: About 21 minutes Traffic congestion: Unknown Please note that these times are estimates and actual travel times may vary depending on traffic conditions or the area traveling from. Safe travels! ??
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Orlando
  • Escrow State: FL
  • List Office Head Office Key Nume: 1041803
  • Minimum Lease: 1-2 Years
  • RATIO Current Price By Calculate: 172.64
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • Property Description: Corner Unit
  • Attribution Contact: 888-883-8509
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Dry Bar, Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, PrimaryBedroom Upstairs, Window Treatments
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Block
  • Total Bedrooms: 4
  • Levels: Two
  • Other Equipment: Intercom
  • Spa Features: In Ground
  • Spa Yn: No
  • Stories: 2
  • Street Number Modifier: 1562
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 282.52
  • Room Count: 3

Exterior Features

  • Direction Faces: Southeast
  • Pool Features: In Ground, Screen Enclosure
  • Exterior Features: Garden, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: Yes
  • View: Pool
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Enclosed, Patio, Screened
  • Road Surface Type: Asphalt
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Access: Lake,Limited Access
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 100
  • Water Frontage Feet Lake: 100
  • Additional Water Information: The property has a lake behind it, due to fence it's not a direct access nor can you view from the main floor. The lake can be accessible, if you go through the front right side of the house. However, the Lake maybe visible if you're on the second floor.

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Ground Level

Utilities

  • Utilities: Cable Available, Electricity Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Gated
  • Association Fee: 110
  • Association Fee Frequency: Monthly
  • Association Name: Frank Abreu
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Association Email: cmpservice@associa.us
  • Association URL: https://communityarchives.com

Fee Information

  • Total Annual Fees: 1320.00
  • Total Monthly Fees: 110.00
  • Monthly HOA Amount: 110.00

Lot Info

  • Zoning: P-D
  • Parcel Number: 31-24-30-1736-01-400
  • Additional Parcels: No
  • Fencing: Vinyl
  • Lot Features: Corner Lot, Sidewalk, Private
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 870

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 3013.61
  • Tax Block: 1
  • Tax Book Number: 57-90
  • Tax Lot: 140

Multi Family

  • Waterfront Features: Lake
  • Approval Process: Association process has not been fully disclosed. If you have any questions, please contact the management company for further details. All the information in this listing needs to be verified by the Buyers Agent. The info provided is not guaranteed.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Dec 18, 2023
Sold by
Graham Glen and Graham Beverly
Bought by
Burrell Violet Wallace
Seller's Agent
Melanie Santana
EXP REALTY LLC
Buyer's Agent
Marilen Nacero
1 FLAMINGO REALTY, LLC
List Price
$575,000
Sold Price
$525,000
Premium/Discount to List
-$50,000
-8.7%
Views
168
Current Estimated Value
$555,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,133
Avg. Annual Appreciation
6.14%
Original Mortgage
$489,250
Outstanding Balance
$483,089
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$96,812

Purchase Details

Closed on
Dec 29, 2004
Sold by
Landstar Development Corp
Bought by
Graham Glen and Graham Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,800
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Burrell Violet Wallace $525,000 None Listed On Document
Graham Glen $292,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burrell Violet Wallace $489,250
Previous Owner Graham Glen $417,000
Previous Owner Graham Glen $358,000
Previous Owner Graham Glen $40,000
Previous Owner Graham Glen $210,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2023 12/20/23 Sold $525,000 -4.5% $173 / Sq Ft
10/29/2023 10/29/23 Pending -- -- --
10/05/2023 10/05/23 Price Changed $550,000 -4.3% $181 / Sq Ft
09/14/2023 09/14/23 For Sale $575,000 -- $189 / 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 $8,061 $504,120 $80,000 $424,120
2024 $3,139 $484,890 $80,000 $404,890
2023 $3,139 $222,408 $0 $0
2022 $3,014 $215,930 $0 $0
2021 $2,961 $209,641 $0 $0
2020 $2,816 $206,747 $0 $0
2019 $2,890 $202,099 $0 $0
2018 $2,865 $198,331 $0 $0
2017 $2,817 $272,961 $23,000 $249,961
2016 $2,791 $266,577 $23,000 $243,577
2015 $2,839 $255,617 $23,000 $232,617
2014 $2,894 $220,767 $23,000 $197,767
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: O6140578

Stellar MLS

APN: 31-2430-1736-01-400