NOT LISTED FOR SALE

1900 Lake Markham Rd Sanford, FL 32771

Estimated Value: $542,000 - $797,986

3 Beds
2 Baths
1,678 Sq Ft
$387/Sq Ft Est. Value

Last Sold May 29, 2018

Last sale price $392,000 $234 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $4,633/month

590 Days on Market

Highlights

  • 160 Feet of Waterfront
  • Parking available for a boat
  • Custom Home
  • Wilson Elementary School Rated A
  • Oak Trees
  • Lake View

About This Home

As of May 2018

OWNER SAYS SELL!! HUGE $40K PRICE REDUCTION

Fall in love with the picturesque, 1.3 acre lakefront property. Zoned for horses. NEW ROOF April 2017, NEW A/C July 2017. NOTE: 3rd BR could become a private in-law suite/private master. Close to I-4, beaches and Orlando. Full service marina, gourmet dining, antiquing 8 mi. away in Historic downtown Sanford. Multiple shopping areas nearby. Lake Sylvan Park is nearby and state-of-the-art Soccer Complex.

This property is features 160 feet of lakefront paradise on pristine Lake Markham in north Seminole County. Lake Markham is an 85-acre spring-fed lake. Fishing, boating, kayaking, and jet skiing make this property a perfect setting for your lifestyle. Ample FL nature landscapes can be found along the lake, and it is also is home to multi-million dollar dwellings just across from the property.

This solid concrete block home was constructed by a local builder in the 1950‘s for his family’s personal use. It has remained a family owned-property ever since. You will immediately notice the quality of craftsmanship throughout.

Present residence is fully functional and quite charming. Chose to live in home, or a complete teardown and build the house of your dreams. Lakefront lots, with less frontage, are going for more than this property’s list price. Water and electric run to garage. **OPTION HOOK INTO CITY WATER.

Teardown estimate from local contractor in Documents

CHOICES CHOICES CHOICES - Come and see, and decide for yourself!!!!

Last Agent to Sell the Property

Rose Ann Dean

ROSE ANN DEAN License #663579 Listed on: 09/07/2016

Last Buyer's Agent

Gloria Gibson

COLDWELL BANKER RESIDENTIAL RE License #3178248

COLDWELL BANKER RESIDENTIAL RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,951

Year Built

  • Built in 1956

Lot Details

  • 1.03 Acre Lot
  • 160 Feet of Waterfront
  • Lake Front
  • Mature Landscaping
  • Oversized Lot
  • Level Lot
  • Oak Trees
  • Property is zoned A-1

Parking

  • 1 Car Garage
  • 4 Carport Spaces
  • Parking Pad
  • Parking available for a boat

Home Design

  • Custom Home
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,678 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Rods
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Inside Utility
  • Laundry in unit
  • Lake Views
  • Attic Ventilator

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Dishwasher
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Access To Lake
  • Water Skiing Allowed
  • Deck
  • Patio
  • Breezeway
  • Outdoor Grill
  • Rain Gutters
  • Porch

Schools

  • Wilson Elementary School
  • Markham Woods Middle School
  • Seminole High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Baseboard Heating
  • Well
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Property is near public transit
  • Zoned For Horses

Community Details

  • No Home Owners Association
  • Lake Markham Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,951

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Brick
  • Fireplace: Yes
  • Living Area: 1678
  • Lot Size Acres: 1.03
  • New Construction: No
  • Year Built: 1956
  • Building Area Total: 3071
  • Lot Size Sq Ft: 44640
  • Directions to Property: I-4 in Seminole County. SANFORD Exit to SR 46 West. Approx. 5-6 miles to Lake Markham Road. Left on LAKE MARKHAM RD to property. Turn right into driveway along fence to gate.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5462437&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5462437&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 1 to less than 2
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.91375
  • Price per Sq Ft: 233.61
  • Close to Original List Price Ratio: 0.80016
  • Ratio: Current Price\Building Area Total: 127.65
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Attic, Attic Ventilator, Ceiling Fans(s), L Dining, Living Room/Dining Room Combo, Solid Wood Cabinets, Split Bedroom, Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Range Hood
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds, Rods, Window Treatments
  • Street Number Modifier: 1900
  • Room Count: 10
  • Additional Rooms: Attic, Breezeway, Inside Utility
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Outdoor Grill, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: Lake Markham
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch
  • Road Surface Type: Paved
  • Water View: Lake
  • Water Access: Lake
  • Water Extras: Skiing Allowed
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12117C0045F
  • Waterfront Frontage: 160
  • Water Frontage Feet Lake: 160
  • Additional Water Information: 85 ACRE SPRING-FED LAKE
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 4
  • Carport Y N: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Boat, Parking Pad
  • Covered Parking Spaces: 4
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Baseboard, Central, Electric, Other
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Schools

  • Elementary School: Wilson Elementary
  • High School: Seminole High
  • Middle Or Junior School: Markham Woods Middle

Lot Info

  • Zoning: A-1
  • Parcel Number: 35-19-29-300-0220-0000
  • Additional Parcels: No
  • Lot Features: In County, Level, Near Public Transit, Oversized Lot, Zoned for Horses
  • Millage Rate: 14.59
  • Flood Zone Code: AE
  • Flood Zone Date: 2007-09-28
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Annual Amount: 3951
  • Tax Block: 300
  • Tax Book Number: 1-51
  • Tax Lot: 0220

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2024
Sold by
Patel Saurin and Patel Prapti
Bought by
Saurin Patel Revocable Trust and Patel
Current Estimated Value
$744,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,820,000
Outstanding Balance
$1,798,358
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
-$1,068,120

Purchase Details

Closed on
Sep 21, 2020
Sold by
Capps David and Capps Sandra
Bought by
Patel Saurin and Patel Prapti

Purchase Details

Listed on
Sep 7, 2016
Closed on
May 29, 2018
Sold by
Lee Irene E
Bought by
Capps David J and Capps Sandra E
Seller's Agent
Rose Ann Dean
ROSE ANN DEAN
Buyer's Agent
Gloria Gibson
COLDWELL BANKER RESIDENTIAL RE
List Price
$429,000
Sold Price
$392,000
Premium/Discount to List
-$37,000
-8.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%
Original Mortgage
$309,600
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 1996
Sold by
Jareett Goldie A
Bought by
Lee Irene E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
8.2%

Purchase Details

Closed on
May 31, 1995
Sold by
Jarrett Goldie A
Bought by
Defalco James G
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
Saurin Patel Revocable Trust $100 Brokers Title
Patel Saurin $520,000 Attorney
Capps David J $392,000 Attorney
Lee Irene E $96,000 --
Defalco James G $3,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saurin Patel Revocable Trust $1,820,000
Closed Saurin Patel Revocable Trust $1,820,000
Previous Owner Capps David J $245,000
Previous Owner Capps David J $309,600
Previous Owner Lee Irene E $94,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2018 05/29/18 Sold $392,000 -8.6% $234 / Sq Ft
04/21/2018 04/21/18 Pending -- -- --
01/07/2018 01/07/18 For Sale $429,000 0.0% $256 / Sq Ft
12/21/2017 12/21/17 Pending -- -- --
11/29/2017 11/29/17 Price Changed $429,000 -8.5% $256 / Sq Ft
07/05/2017 07/05/17 Price Changed $469,000 -1.2% $279 / Sq Ft
06/29/2017 06/29/17 Price Changed $474,900 -3.1% $283 / Sq Ft
09/07/2016 09/07/16 For Sale $489,900 -- $292 / 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 $6,910 $500,000 $500,000 --
2023 $6,959 $500,000 $500,000 $0
2021 $5,853 $419,254 $322,560 $96,694
2020 $5,229 $370,822 $0 $0
2019 $5,309 $370,879 $0 $0
2018 $4,745 $369,461 $0 $0
2017 $3,951 $265,992 $0 $0
2016 $4,089 $265,992 $0 $0
2015 $4,140 $263,140 $0 $0
2014 $5,009 $322,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5462437

Stellar MLS

APN: 35-19-29-300-0220-0000