$956,000
SOLD MAR 12, 2020

1600 Alabama Dr Unit 202 Winter Park, FL 32789

2 Beds
2 Baths
1,999 Sq Ft
$900/mo HOA Fee

Recently Sold

$478 Per Sq Ft

3% Below List Price

3 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Boat Dock
  • 3.29 Acre Lot
  • Winter Park High Rated A+
  • Lake View
  • Clubhouse

About This Home

As of March 2020

Located in the heart of Winter Park the Alabama Condominium sits on 5 beautiful acres on the Chain of Lakes. This stunning unit, completely renovated, has two bedrooms, two baths with almost 2000 sq.ft. of luxury. Some of the many unique features include magnificent views of the palm tree promenade entrance to the property on one side of the unit, the other with a lush panoramic view of Lake Maitland. This is one of only two units with an additional sun/family room. All new windows illuminate natural light to an open floor plan. The large kitchen with elegantly appointed cabinetry includes additional built in wine bar area, two wine refrigerators, perfect for entertaining. The master bedroom boasts an 9 x 12 ft. custom closet and fabulous en-suite bath. Amenities include an on-site property maintenance superintendent, covered carport in addition to plenty of guest parking, pool, club house, fitness area, access to boat dock, and private air-conditioned storage room. One of kind opportunity too good to miss.

Last Agent to Sell the Property

Cindy Sapp

OLYMPUS EXECUTIVE REALTY INC License #653355 Listed on: 02/08/2020

OLYMPUS EXECUTIVE REALTY INC

Co-Listed By

Jay McGriff, Jr

TERZA REAL ESTATE License #3305984

Last Buyer's Agent

Richard Tressler

TCAT REALTY SERVICES INC License #583205

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,605

Year Built

  • Built in 1921

Lot Details

  • 50 Feet of Waterfront
  • Lake Front
  • South Facing Home
  • Fenced
  • Irrigation
  • Condo Land Included

HOA Fees

  • $900 Monthly HOA Fees

Property Views

  • Lake
  • Garden

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,999 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Bar Fridge
  • Crown Molding
  • High Ceiling
  • Skylights
  • Window Treatments
  • Combination Dining and Living Room
  • Home Security System

Kitchen

  • <<convectionOvenToken>>
  • Cooktop<<rangeHoodToken>>
  • Recirculated Exhaust Fan
  • <<microwave>>
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Porcelain Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Circular Driveway
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Access To Chain Of Lakes
  • Access To Lake
  • First Come-First Served Dock
  • Dock made with wood
  • Open Dock
  • Exterior Lighting

Schools

  • Lakemont Elementary School
  • Maitland Middle School
  • Winter Park High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, maintenance structure, ground maintenance, pool maintenance, sewer, trash, water
  • Cathy Wasson Association, Phone Number (407) 647-2622
  • Alabama Condo Subdivision
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking

Amenities

  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

  • Boat Dock
  • Community Pool
  • Park

Pet Policy

  • Pets Allowed
  • Pets up to 50 lbs

Security

  • Card or Code Access
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,605

Year Built

Built in 1921

Lot Details

0

HOA Fees

$900 per month

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1999
  • Lot Size Acres: 3.29
  • New Construction: No
  • Year Built: 1921
  • Building Area Total: 1999
  • Lot Size Sq Ft: 143198
  • Directions to Property: From N. Park Ave, turn left on Palmer Ave. Turn left on Alabama Dr, then turn RT on Mayfair. Look for entrance driveway to access parking lot. No access from Alabama Dr.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/G5025909?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/G5025909?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.96566
  • Price per Sq Ft: 478.24
  • Close to Original List Price Ratio: 0.96566
  • Ratio: Current Price\Building Area Total: 478.24
  • View: Yes
  • Co List Office Mls Id: 261015120
  • Co List Office Phone: 407-469-0090
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Porcelain Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Built in Features, Crown Molding, High Ceiling(s), Living Room/Dining Room Combo, Skylight(s), Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Bar Fridge, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Three Or More
  • Stories: 4
  • Street Number Modifier: 1600
  • Room Count: 9
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Exterior Features: Fenced, Irrigation System, Lighting, Sidewalk
  • Roof: Tile
  • Pool Private: No
  • View: Garden, Water
  • Water Body Name: Lake Maitland
  • Waterfront: Yes
  • Water View: Lake
  • Water Access: Lake, Lake - Chain of Lakes
  • Water Extras: Dock - Open, Dock - Slip 1st Come, Dock - Wood
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12095C0255
  • Waterfront Frontage: 50
  • Water Frontage Feet Lake: 50
  • Disclosures: Condominium Disclosure Available, Lead Paint

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Circular Driveway, Driveway, Guest, Off Street
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, No Truck/RV/Motorcycle Parking, Park, Pool, Sidewalk, Water Access
  • Association Amenities: Clubhouse, Boat Dock, Elevator(s), Lobby Key Required, Pool, Storage
  • Association Fee: 900
  • Association Fee Frequency: Monthly
  • Association Name: Cathy Wasson
  • Phone: 407-647-2622
  • Association: Yes
  • Security: Fire Sprinkler System, Key Card Entry, Security System
  • Senior Community: No
  • Condo Land Included Y N: Yes
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 10800
  • Monthly HOA Fee: 900
  • Total Monthly Fees: 900

Schools

  • Elementary School: Lakemont Elem
  • High School: Winter Park High
  • Middle Or Junior School: Maitland Middle

Lot Info

  • Zoning: PURD
  • Parcel Number: 31-21-30-8624-00-202
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Max Pet Weight: 50
  • Approval Process: Buyer/Buyer agent to verify HOA/City/County restrictions.
  • Pet Restrictions: Buyer/Buyer agent to verify HOA/City/County restrictions.
  • Additional Lease Restrictions: Buyer/Buyer agent to verify HOA/City/County restrictions.

Tax Info

  • Tax Annual Amount: 8604.72
  • Tax Block: 00
  • Tax Book Number: 6-7
  • Tax Lot: 202

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2024
Sold by
Alexander Laura Grace
Bought by
Alexander Laura Grace and Caswell Nancy Alexander
Current Estimated Value
$1,247,384

Purchase Details

Listed on
Feb 8, 2020
Closed on
Mar 12, 2020
Sold by
Williams Denise Chemey
Bought by
Alexander Laura Grace and Alexander Laura Grace
Seller's Agent
Cindy Sapp
OLYMPUS EXECUTIVE REALTY INC
Buyer's Agent
Richard Tressler
TCAT REALTY SERVICES INC
List Price
$990,000
Sold Price
$956,000
Premium/Discount to List
-$34,000
-3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%

Purchase Details

Closed on
Jul 30, 2018
Sold by
Williams Mark and Chemey Williams Denise
Bought by
Chemey Williams Denise

Purchase Details

Listed on
Jan 24, 2013
Closed on
May 15, 2013
Sold by
Grady Susan L O
Bought by
Williams Mark and Chemey Williams Denise
Seller's Agent
Shelley Heistand
PREMIER SOTHEBY'S INTL. REALTY
Buyer's Agent
Cindy Sapp
OLYMPUS EXECUTIVE REALTY INC
List Price
$395,000
Sold Price
$375,000
Premium/Discount to List
-$20,000
-5.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.08%

Purchase Details

Closed on
Jul 15, 2005
Sold by
Bieberbach William Hunt
Bought by
Ogrady Susan L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $956,000 Chelsea Title
Interfamily Deed Transfer -- Attorney
Warranty Deed $375,000 Sunbelt Title Agency
Special Warranty Deed -- --
Special Warranty Deed -- --
Special Warranty Deed -- --
Personal Reps Deed $395,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $235,619 New Conventional
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2020 03/12/20 Sold $956,000 -3.4% $478 / Sq Ft
02/11/2020 02/11/20 Pending -- -- --
02/08/2020 02/08/20 For Sale $990,000 +164.0% $495 / Sq Ft
05/26/2015 05/26/15 Off Market $375,000 -- --
05/15/2013 05/15/13 Sold $375,000 -5.1% $188 / Sq Ft
03/01/2013 03/01/13 Pending -- -- --
01/24/2013 01/24/13 For Sale $395,000 -- $198 / 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 $14,203 $1,000,450 -- --
2024 $13,587 $909,500 -- $909,500
2023 $13,587 $909,500 $181,900 $727,600
2022 $11,891 $769,600 $153,920 $615,680
2021 $11,507 $729,600 $145,920 $583,680
2020 $8,003 $519,700 $103,940 $415,760
2019 $8,479 $519,700 $103,940 $415,760
2018 $8,605 $519,700 $103,940 $415,760
2017 $8,792 $549,700 $109,940 $439,760
2016 $8,404 $549,700 $109,940 $439,760
2015 $7,203 $415,800 $83,160 $332,640
2014 $6,727 $381,900 $76,380 $305,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G5025909

Stellar MLS

APN: 31-2130-8624-00-202