NOT LISTED FOR SALE

1616 Sultan Cir Chuluota, FL 32766

Estimated Value: $974,000 - $1,168,450

4 Beds
4.5 Baths
4,394 Sq Ft
$243/Sq Ft Est. Value

Last Sold April 08, 2019

Last sale price $638,000 $145 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $6,291/month

233 Days on Market

Highlights

  • Public Boat Ramp
  • Private Beach
  • Boat Ramp
  • Walker Elementary School Rated A
  • Access To Lake
  • Horses Allowed in Community

About This Home

As of April 2019

Classic, stately and solidly constructed brick colonial sits on 3.1 acres in the sought after equestrian community of Pickett Downs, phase 1. Very close to UCF, Oviedo and Waterford Lakes, this home has deeded access to crystal clear 900 acre Lake Pickett, where you can use the community picnic area, beach, docks and boat ramp. Watch the UCF row teams practice and compete, water ski or fish to your hearts content. Back home, you may not want to leave the comfort of your home and sparkling pool (completely re-screened in June 2018) and lanai. (completely repainted deck August 2018.) This exceptional quality family home boasts 4394 square feet of living space. Formal living room, dinning room with hardwood floors. The incredible kitchen features granite counter tops, plus beautiful wood cabinetry. Family room has sweeping view of the ample pool area, plenty of screened outdoor living space overlooking peaceful views and quiet surroundings. The large master retreat and bath area with 2 extensive walk in closets should please both him and her! From the well-designed Jack and Jill bedrooms and bath, walk in attic space, Guest suite private bath, large game and media rooms. There is something for everyone in this classic gem. Pool alarm system, Home security system, security lighting, Central vac ready, 2 laundry rms, (1 for pet grooming) steel reinforced solid concrete Safe Room w/ steel door & water, tilt-in double pane vinyl clad windows, custom plantation shutters, blinds and more.

Last Agent to Sell the Property

Joe Cremonese

GLOBAL PROPERTIES SALES & MGMT License #3329031 Listed on: 08/14/2018

Last Buyer's Agent

Angela Spigner

SIGNATURE REALTY SOLUTIONS LLC License #3067868

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,034

Year Built

  • Built in 2005

Lot Details

  • 3.1 Acre Lot
  • Property fronts a private road
  • Private Beach
  • South Facing Home
  • Mature Landscaping
  • Level Lot
  • Well Sprinkler System
  • Oak Trees
  • Fruit Trees
  • Wooded Lot
  • Property is zoned A-1

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Guest Parking
  • Open Parking
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Bi-Level Home
  • Brick Exterior Construction
  • Slab Foundation
  • Stem Wall Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,394 Sq Ft Home
  • Wet Bar
  • Bar Fridge
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Shutters
  • Blinds
  • French Doors
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • L-Shaped Dining Room
  • Views of Woods
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Porcelain Tile
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Lights
  • Security Fence, Lighting or Alarms
  • Fire and Smoke Detector

Eco-Friendly Details

  • Whole House Vacuum System
  • HVAC Cartridge or Media Filter

Pool

  • Screened Pool
  • Solar Heated In Ground Pool
  • Gunite Pool
  • Above Ground Spa
  • Fence Around Pool
  • Pool Alarm
  • Pool Tile
  • Pool Lighting

Outdoor Features

  • Access To Lake
  • Deeded access to the beach
  • Water Skiing Allowed
  • Boat Ramp
  • Open Dock
  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

  • Walker Elementary School
  • Chiles Middle School
  • Hagerty High School

Horse Facilities and Amenities

  • Zoned For Horses

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Thermostat
  • Underground Utilities
  • Propane
  • Well
  • Electric Water Heater
  • Water Softener
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Satellite Dish

Listing and Financial Details

Community Details

Overview

  • Association fees include ground maintenance, maintenance repairs, private road
  • Pickett Downs Subdivision

Recreation

  • Public Boat Ramp
  • Boat Ramp
  • Boat Dock
  • Fishing
  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,034

Year Built

Built in 2005

Lot Details

0

HOA Fees

$50 per month

Parking

3

Listing Details

  • HOA Fee Includes: Maintenance Grounds, Maintenance Repairs, Private Road
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Construction Materials: Block, Brick, Stucco, Wood Frame
  • Fireplace: Yes
  • Living Area: 4394
  • Lot Size Acres: 3.1
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 5939
  • Lot Size Sq Ft: 135036
  • Directions to Property: SR 419 (Chuluota Rd.) from Oviedo or Orlando to Lake Mills Rd (at "Hitching Post) to (R) on Ft. Christmas, (L) on Downs Way and (Left) on Sultan Circle house on left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5726681&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5726681&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 2 to less than 5
  • Unit Number Y N: No
  • Home Warranty Y N: Yes
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 145.2
  • Close to Original List Price Ratio: 0.88734
  • Ratio: Current Price\Building Area Total: 107.43
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Family Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Engineered Hardwood, Porcelain Tile, Hardwood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Central Vaccum, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, L Dining, Living Room/Dining Room Combo, Master Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer, Water Softener
  • Foundation Details: Slab, Stem Wall
  • Total Bedrooms: 4
  • Levels: Two
  • Other Equipment: Satellite Dish
  • Spa Features: Above Ground
  • Spa Yn: Yes
  • Window Features: Blinds, Insulated Windows, Shutters
  • Street Number Modifier: 1616
  • Room Count: 15
  • Additional Rooms: Attic
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Pool Features: Gunite, In Ground, Lighting, Pool Alarm, Screen Enclosure, Solar Heat, Tile
  • Exterior Features: Balcony, French Doors, Irrigation System, Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • Road Frontage Type: Private Road
  • View: Trees/Woods
  • Water Body Name: Lake Pickett
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Front Porch, Patio, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water Access: Beach - Access Deeded, Beach - Private, Lake
  • Water Extras: Boat Ramp - Private, Dock - Open, Skiing Allowed
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12117C0215F
  • Additional Water Information: Lake Pickett Association beach, ramp, dock and picnic area with tables and plenty of parking.

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Side, Guest, Off Street, Oversized
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Electricity Available, Electricity Connected, Phone Available, Propane, Public, Sprinkler Well, Underground Utilities
  • Cooling: Central Air
  • Heating: Electric, Heat Pump, Propane, Zoned
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Community Boat Ramp, Fishing, Horses Allowed, Public Boat Ramp, Water Access
  • Association Amenities: Boat Dock
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Fire Alarm, Security Fencing/Lighting/Alarms, Security Lights, Security System, Security System Owned
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 600
  • Monthly HOA Fee: 50
  • Total Monthly Fees: 50

Schools

  • Elementary School: Walker Elementary
  • High School: Hagerty High
  • Middle Or Junior School: Chiles Middle

Lot Info

  • Zoning: A-1
  • Parcel Number: 34-21-32-501-0000-0210
  • Additional Parcels: No
  • Lot Features: In County, Level, Zoned for Horses
  • Flood Zone Code: N
  • Flood Zone Date: 2007-09-28
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Indoor Air Qlty: HVAC Cartridge/Media Filter, Whole House Vacuum System

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 5034
  • Tax Block: 00
  • Tax Book Number: 29-19
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2018
Closed on
Apr 8, 2019
Sold by
Cremonese Joseph A and Cremonese Marie R
Bought by
Bell Paul E and Wilson Sylvia Ann
Seller's Agent
Joe Cremonese
GLOBAL PROPERTIES SALES & MGMT
Buyer's Agent
Angela Spigner
SIGNATURE REALTY SOLUTIONS LLC
List Price
$719,000
Sold Price
$638,000
Premium/Discount to List
-$81,000
-11.27%
Current Estimated Value
$1,068,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,863
Avg. Annual Appreciation
8.28%
Original Mortgage
$638,000
Outstanding Balance
$560,915
Interest Rate
4.3%
Mortgage Type
Commercial
Estimated Equity
$507,948

Purchase Details

Closed on
Sep 30, 2003
Sold by
Orak Michael and Orak Bonnie
Bought by
Cremonesa Joseph A and Cremonese Marie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 20, 1996
Sold by
Saboff Stephen D
Bought by
Orak Michael E and Orak Bonnie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,150
Interest Rate
8.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1989
Bought by
Cremonese Joseph A and Cremonese Marie R
Source: Public Records

Range of Values:

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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
Bell Paul E $638,000 Attorney
Cremonesa Joseph A $120,000 Fidelity National Title Insu
Orak Michael E $43,900 --
Cremonese Joseph A $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Paul E $638,000
Previous Owner Cremonesa Joseph A $108,000
Previous Owner Orak Michael E $35,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2019 04/08/19 Sold $638,000 0.0% $145 / Sq Ft
04/03/2019 04/03/19 Pending -- -- --
03/08/2019 03/08/19 Price Changed $638,000 -0.3% $145 / Sq Ft
02/28/2019 02/28/19 Price Changed $639,900 -1.3% $146 / Sq Ft
02/19/2019 02/19/19 Price Changed $648,500 -0.2% $148 / Sq Ft
02/02/2019 02/02/19 Price Changed $649,900 -0.8% $148 / Sq Ft
01/17/2019 01/17/19 Price Changed $654,900 -3.0% $149 / Sq Ft
11/17/2018 11/17/18 Price Changed $674,900 -3.2% $154 / Sq Ft
10/19/2018 10/19/18 Price Changed $697,500 -0.1% $159 / Sq Ft
09/26/2018 09/26/18 Price Changed $698,500 -0.2% $159 / Sq Ft
08/31/2018 08/31/18 Price Changed $699,777 -2.7% $159 / Sq Ft
08/13/2018 08/13/18 For Sale $719,000 -- $164 / 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 $6,883 $531,221 -- --
2023 $6,728 $515,749 $0 $0
2021 $6,492 $486,143 $0 $0
2020 $6,448 $479,431 $0 $0
2019 $5,393 $397,942 $0 $0
2018 $5,349 $390,522 $0 $0
2017 $5,326 $382,490 $0 $0
2016 $5,421 $377,245 $0 $0
2015 $5,152 $372,019 $0 $0
2014 $5,152 $369,066 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5726681

Stellar MLS

APN: 34-21-32-501-0000-0210