$550,000
SOLD AUG 6, 2020

1691 Chestnut Ave Winter Park, FL 32789

3 Beds
1.5 Baths
1,235 Sq Ft
0.42 Acres

Recently Sold

$445 Per Sq Ft

140 Days on Market

Highlights

  • City View
  • Attic
  • Solid Surface Countertops
  • Winter Park High Rated A+
  • Separate Formal Living Room
  • 5-minute walk to Phelps Park

About This Home

As of April 2025

Significant opportunity to own one of the largest lots in the highly desirable tree lined streets of Winter Park. Land value is $550,000. – at lot size of 18,418 square feet = $29.86 per square foot – much lower than any other lot in subdivision. With this property you can tear down and build your dream home, renovate, purchase as an investment property, or move in. Surrounded by new construction and million dollar homes equals pure potential. This property size is extremely rare in this area. Another potential option for a savvy investor would be to split the property into 2 lots. This is a well priced investment property. The distinguished location of this property is also amazing – close to Chain of Lakes, Park Avenue, YMCA, Phelps Park (with picnic, playground, tennis, and basketball courts), Cady Way Trail (running and biking), Winter Park Village with excellent shopping and top dining. “A” rated Winter Park Schools (Lakemont Elementary, Maitland Middle, and Winter Park High). Baldwin Park and Rollins College are also nearby. Possibilities are endless with this property.

Last Agent to Sell the Property

Stephen Hachey

FLAT FEE MLS REALTY License #3389117 Listed on: 01/22/2020

Last Buyer's Agent

Teresa Ferrarini

TERESA FERRARINI, BROKER License #3000297

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,875

Year Built

  • Built in 1962

Lot Details

  • 0.42 Acre Lot
  • South Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Level Lot
  • Street paved with bricks
  • Landscaped with Trees
  • Property is zoned R-1A

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,235 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Thermal Windows
  • ENERGY STAR Qualified Windows
  • Insulated Windows
  • Blinds
  • Separate Formal Living Room
  • Formal Dining Room
  • City Views
  • Attic Ventilator
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Laminate
  • Terrazzo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters
  • Rear Porch

Location

  • City Lot

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Heating System Uses Oil
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lake Knowles Terrace Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,875

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1235
  • Lot Size Acres: 0.42
  • New Construction: No
  • Year Built: 1962
  • Building Area Total: 1559
  • Lot Size Sq Ft: 18418
  • Directions to Property: From Palmer, go north on Phelps -- Phelps dead ends at property.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3221400?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3221400?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Call Center Phone Number: 321-277-5895
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 445.34
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 352.79
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Terrazzo
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Attic Ventilator, Ceiling Fans(s), Eating Space In Kitchen, Master Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Blinds, ENERGY STAR Qualified Windows, Insulated Windows, Thermal Windows, Window Treatments
  • Street Number Modifier: 1691
  • Room Count: 9
  • Additional Rooms: Attic, Formal Dining Room Separate, Formal Living Room Separate
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Exterior Features: Lighting, Rain Gutters, Sidewalk, Storage
  • Roof: Shingle
  • Pool Private: No
  • View: City
  • Waterfront: No
  • Patio and Porch Features: Rear Porch
  • Road Surface Type: Street Brick
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights, Water Available
  • Cooling: Wall/Window Unit(s)
  • Heating: Central, Oil
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • 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: 32-21-30-4536-01-010
  • Additional Parcels: No
  • Lot Features: City Lot, Level, Oversized Lot, Sidewalk
  • Property Attached Yn: Yes
  • Flood Zone Code: x
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Annual Amount: 6874.95
  • Tax Block: 1
  • Tax Book Number: K-4
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2025
Closed on
Apr 18, 2025
Sold by
Ferrarini David and Ferrarini Teresa
Bought by
Hoffman Jeffrey Robert and Hoffman Marissa Renee
Seller's Agent
Sue Silberbusch
COMPASS FLORIDA LLC
Buyer's Agent
Brian Hyser
THE AGENCY ORLANDO
List Price
$4,799,900
Sold Price
$4,100,000
Premium/Discount to List
-$699,900
-14.58%
Views
137
Current Estimated Value
$3,914,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$185,500
Avg. Annual Appreciation
27.54%
Original Mortgage
$3,000,000
Outstanding Balance
$3,000,000
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$1,530,000

Purchase Details

Closed on
Nov 16, 2015
Sold by
Potter Jomae
Bought by
Potter Jomae and Scarborough Todd H
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 Type Sale Price Title Company
Warranty Deed $4,100,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 Sold $4,100,000 -14.6% $895 / Sq Ft
03/04/2025 03/04/25 Pending -- -- --
03/03/2025 03/03/25 For Sale $4,799,900 +772.7% $1,048 / Sq Ft
08/06/2020 08/06/20 Sold $550,000 0.0% $445 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $550,000 0.0% $445 / Sq Ft
04/17/2020 04/17/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $550,000 -- $445 / 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 $6,315 $2,099,050 $400,000 $1,699,050
2024 $6,282 $2,020,050 $400,000 $1,620,050
2023 $6,282 $400,000 $400,000 $0
2022 $7,244 $472,504 $400,000 $72,504
2021 $6,684 $423,818 $370,000 $53,818
2020 $6,543 $424,880 $370,000 $54,880
2019 $6,875 $421,372 $370,000 $51,372
2018 $6,882 $415,656 $365,000 $50,656
2017 $6,888 $410,439 $360,500 $49,939
2016 $1,489 $399,016 $350,000 $49,016
2015 $1,535 $387,068 $340,000 $47,068
2014 $1,976 $300,189 $259,000 $41,189
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3221400

Stellar MLS

APN: 32-2130-4536-01-010