NOT LISTED FOR SALE

1650 Palm Ave Winter Park, FL 32789

Estimated Value: $2,213,000 - $2,462,000

5 Beds
4.5 Baths
4,041 Sq Ft
$577/Sq Ft Est. Value

Last Sold July 13, 2021

Last sale price $1,700,000 $421 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $14,245/month

4 Days on Market

Highlights

  • Under Construction
  • In Ground Pool
  • Open Floorplan
  • Winter Park High Rated A+
  • Custom Home
  • Engineered Wood Flooring

About This Home

As of July 2021

This Fabulous new transitional 5 bedroom pool home is perfect for family living & entertaining & just minutes from downtown Winter Park's shopping & dining on Park Avenue. Meticulously constructed by Austin Homes with interior design selections by Steele Street Studios, modern & traditional elements blend together w/ an open layout & clean lines. Main floor features a gourmet kitchen w/ Wolf & SubZero natural gas stainless appliance package, large island, soft close custom cabinets & spacious walk-in pantry w/ coffee center/dry bar. This amazing kitchen opens to the great room with exquisite painted beam ceiling detail, built in cabinets & sliding glass doors that allow natural light to filter into the room. The spacious master retreat has a generous walk-in closet. Master bath has a tub, dual vanities & separate shower. Office-gym-flex room is away from the main living areas to give you a quiet workspace. Private guest suite, spacious and bright laundry room & powder-pool bath also conveniently situated on the 1st floor. Upstairs are 3 bedrooms, 2 baths, a loft-bonus room & a large walk-in attic-storage space. Step outside & relax on your covered lanai w/ summer kitchen & gas fireplace or cool off in the sparkling pool with heated spa. The back yard is beautifully landscaped & fenced for privacy. Amenities include: Massey Sentricon Termite Protection, pre-wired for full security, camera & surround sound, quartzite & quartz counter tops, Level 4 smooth finish walls & ceilings, light colored 7 ¼” hardwood floors in all main living areas, custom closet systems in all closets, brick paved driveway & front porch, vinyl Low E insulated windows, core fill in block walls, high density spray foam insulation in roof trusses, R13 in 2nd floor walls, Trane 16 Seer high efficiency A/C units & Ranai gas tankless natural gas water heater. Excellent top-rated schools!

Last Agent to Sell the Property

Shelley Heistand

PREMIER SOTHEBY'S INTL. REALTY License #595807 Listed on: 03/19/2021

PREMIER SOTHEBY'S INTL. REALTY

Co-Listed By

Angel Reyes

COLDWELL BANKER RESIDENTIAL RE License #3073962

Last Buyer's Agent

Jennifer Grey

KEYSEEKERS REAL ESTATE License #3233972

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,733

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x151
  • North Facing Home
  • Wood Fence
  • Mature Landscaping
  • Irrigation
  • Property is zoned R-1A

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Custom Home
  • Bi-Level Home
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior
  • Stone Siding
  • Stucco

Interior Spaces

  • 4,041 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Windows
  • Low Emissivity Windows
  • French Doors
  • Family Room Off Kitchen
  • Den
  • Loft
  • Inside Utility
  • Laundry Room
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Pool Alarm
  • Pool Lighting

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Kitchen

Location

  • City Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Austin Homes
  • Winter Park Heights Subdivision, 1650 Palm Floorplan
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,733

Year Built

Built in 2021 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Stone, Stucco, Wood Frame
  • Fireplace: Yes
  • Living Area: 4041
  • Lot Size Acres: 0.26
  • New Construction: Yes
  • Year Built: 2021
  • Building Area Total: 5257
  • Lot Size Sq Ft: 11299
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5930444?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5930444?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: Yes
  • Projected Completion Date: 2021-06-30T04:00:00.000Z
  • Ratio: Close Price\List Price: 1.00295
  • Price per Sq Ft: 420.69
  • Close to Original List Price Ratio: 1.00295
  • Ratio: Current Price\Building Area Total: 323.38
  • View: No
  • Co List Office Mls Id: 51957E
  • Co List Office Phone: 407-647-1211
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: NewHome

Interior Features

  • Fireplace Features: Gas, Other Room
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Engineered Hardwood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Window Features: Low Emissivity Windows, Thermal Windows
  • Room Count: 13
  • Additional Rooms: Attic, Den/Library/Office, Inside Utility, Loft

Exterior Features

  • Direction Faces: North
  • Pool Features: Gunite, In Ground, Lighting, Pool Alarm
  • Exterior Features: Fenced, French Doors, Irrigation System, Outdoor Kitchen, Sidewalk
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Rear Porch
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Side
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Public Remarks Required: Under Construction.
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: R-1A
  • Parcel Number: 32-21-30-9418-03-060
  • Additional Parcels: No
  • Fencing: Wood
  • Lot Features: City Lot
  • Lot Dimensions: 75x151
  • Flood Zone Code: X

Building Info

  • Builder Name: Austin Homes

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 7 Months
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Per the City of Winter Park

Tax Info

  • Tax Annual Amount: 5733.05
  • Tax Block: C
  • Tax Book Number: Y-124
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2021
Closed on
Jul 13, 2021
Sold by
Harmony Asset Management Group Llc
Bought by
Elwell Justin and Elwell Deana
Seller's Agent
Shelley Heistand
PREMIER SOTHEBY'S INTL. REALTY
Buyer's Agent
Jennifer Grey
KEYSEEKERS REAL ESTATE
List Price
$1,695,000
Sold Price
$1,700,000
Premium/Discount to List
$5,000
0.29%
Current Estimated Value
$2,374,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$674,697
Avg. Annual Appreciation
7.66%
Original Mortgage
$1,275,000
Outstanding Balance
$1,154,189
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$1,178,884

Purchase Details

Closed on
Aug 17, 2020
Sold by
Aquilia Justin and Aquilia Jennifer
Bought by
Harmony Asset Management Group Llc

Purchase Details

Closed on
Apr 7, 2020
Sold by
Austin Jv Llc
Bought by
Aquilia Justin and Aquilia Jennifer

Purchase Details

Listed on
Nov 28, 2019
Closed on
Jan 31, 2020
Sold by
Hennessy Thomas J
Bought by
Austin Homes Jv Llc
Seller's Agent
Greg Vazzana
FANNIE HILLMAN & ASSOCIATES
Buyer's Agent
Shelley Heistand
PREMIER SOTHEBY'S INTL. REALTY
List Price
$407,500
Sold Price
$407,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.53%
Original Mortgage
$390,000
Interest Rate
3.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 18, 1992
Sold by
Hennessy Theresa M
Bought by
Hennessy Thomas J
Source: Public Records

Range of Values:

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Average Value
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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
Elwell Justin $1,700,000 Attorney
Harmony Asset Management Group Llc $436,300 Attorney
Aquilia Justin $436,300 None Available
Austin Homes Jv Llc $407,500 None Available
Hennessy Thomas J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elwell Justin $1,275,000
Previous Owner Austin Homes Jv Llc $390,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/13/2021 07/13/21 Sold $1,700,000 +0.3% $421 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $1,695,000 +316.0% $419 / Sq Ft
01/31/2020 01/31/20 Sold $407,500 0.0% $316 / Sq Ft View Prior Sale
11/28/2019 11/28/19 Pending -- -- --
11/28/2019 11/28/19 For Sale $407,500 -- $316 / 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 $21,786 $1,467,051 -- --
2024 $21,047 $1,467,051 -- --
2023 $21,047 $1,384,181 $0 $0
2022 $20,153 $1,343,865 $0 $0
2021 $5,520 $350,000 $350,000 $0
2020 $5,733 $372,280 $305,000 $67,280
2019 $1,813 $150,205 $0 $0
2018 $1,795 $147,404 $0 $0
2017 $1,771 $347,844 $281,190 $66,654
2016 $1,731 $338,392 $273,000 $65,392
2015 $1,772 $315,739 $253,000 $62,739
2014 $1,785 $248,182 $193,000 $55,182
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5930444

Stellar MLS

APN: 32-2130-9418-03-060