NOT LISTED FOR SALE

2631 Palastro Way Ocoee, FL 34761

Estimated Value: $562,000 - $606,000

5 Beds
3.5 Baths
3,484 Sq Ft
$166/Sq Ft Est. Value

Last Sold October 21, 2024

Last sale price $545,000 $156 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,844/month

61 Days on Market

Highlights

  • Boat Dock
  • Clubhouse
  • High Ceiling
  • Gated Community
  • Wood Flooring
  • Community Pool

About This Home

As of October 2024

Luxurious Living Awaits in Westyn Bay!
Welcome to your dream home in one of Ocoee's most sought-after communities—Westyn Bay. This exquisite property offers everything you've been looking for and more. Nestled in a secure, 24-hour manned, gated community, you'll enjoy the peace of mind that comes with top-notch security. Resort-style amenities abound, including a sparkling community pool, splash pad, volleyball and tennis courts, basketball courts, a baseball field, and a clubhouse! You will enjoy a fitness trail, Strolling along the beautiful conservation and pond views is a daily delight. The community pier extending into Lake Apopka offers some of Central Florida's most breathtaking sunsets. Plus, this community has high-speed Internet is included in the HOA, ensuring you always stay connected.

Step inside this spacious two-story masterpiece, where natural light floods the high-ceilinged rooms, creating a warm and inviting atmosphere. The open floor plan is thoughtfully designed, making it perfect for seamless entertaining and everyday living. The newly remodeled owner’s suite and bathroom offer a luxurious retreat, complete with ample space and modern finishes. Upstairs, you’ll find three additional generously sized bedrooms and a convenient indoor laundry room. A versatile large bedroom downstairs can easily function as a den or office, catering to all your needs. The kitchen is a chef’s dream, featuring abundant cabinet space, granite countertops, and a spacious bar area.

Outdoors, the large covered patio and private backyard provide an ideal setting for relaxation and entertaining. Storage is never an issue with the three-car garage and an exceptionally long driveway, ensuring plenty of parking space for family and guests. This home truly embodies thoughtful design and functional elegance, making it the perfect place to call home. Don’t miss the chance to live in this stunning property in Westyn Bay—schedule your private tour today and experience unparalleled luxury and comfort!

Last Agent to Sell the Property

Thomas Russell

THE CARVAJAL GROUP Brokerage Phone: 321-418-7101 License #3456481 Listed on: 07/20/2024

Last Buyer's Agent

Veronica Cole

THE REAL ESTATE COLLECTION LLC License #3400282

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,478

Year Built

  • Built in 2006

Lot Details

  • 0.28 Acre Lot
  • Northwest Facing Home
  • Level Lot
  • Property is zoned R-1AA

HOA Fees

  • $148 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,484 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • French Doors
  • Family Room Off Kitchen
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Dual Closets
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Electric Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Reclaimed Water Irrigation System
  • Private Mailbox

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, pool, internet, security
  • Leland Management, Inc Natalie Elbaz Association, Phone Number (407) 479-3726
  • Westyn Bay Ph 01 R R 1 R 5 R 6 Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Basketball Court
  • Recreation Facilities
  • Community Playground
  • Community Pool
  • Park

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,478

Year Built

Built in 2006

Lot Details

0

HOA Fees

$148 per month

Parking

3

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Pool, Internet, Security
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3484
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 4500
  • Lot Size Sq Ft: 12277
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 418.06
  • Escrow City: orlando
  • Escrow State: FL
  • Escrow Street Name: Vineland Rd #118
  • Minimum Lease: 8-12 Months
  • RATIO Current Price By Calculate: 156.43
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Dual Closets
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • MFR_CommunityAssociationWaterFeatures: Dock
  • Attribution Contact: 321-418-7101
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 323.67

Exterior Features

  • Direction Faces: Northwest
  • Exterior Features: French Doors, Irrigation System, Private Mailbox, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Side

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Public, Sewer Available, Sprinkler Recycled, Underground Utilities, Water Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated Community - Guard, Irrigation-Reclaimed Water, Park, Playground, Pool, Sidewalks, Tennis Courts
  • Association Amenities: Basketball Court, Clubhouse, Gated, Park, Playground, Pool, Recreation Facilities, Tennis Court(s)
  • Association Fee: 445
  • Association Fee Frequency: Quarterly
  • Association Name: LELAND MANAGEMENT, INC Natalie Elbaz
  • Phone: 407-479-3726
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: CONTACT HOA DIRECTLY FOR ALL RESTRICTIONS
  • Association Fee Requirement: Required
  • Association Email: NELBAZ@LELANDMANAGEMENT.COM

Fee Information

  • Total Annual Fees: 1780.00
  • Total Monthly Fees: 148.33
  • Monthly HOA Amount: 148.33

Lot Info

  • Zoning: R-1AA
  • Parcel Number: 06-22-28-9244-01-100
  • Additional Parcels: No
  • Lot Features: Level, Sidewalk, Paved
  • Flood Zone Code: x

Rental Info

  • Pets Allowed: Breed Restrictions
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: CONTACT HOA DIRECTLY FOR ALL RESTRICTIONS

Tax Info

  • Tax Annual Amount: 7477.54
  • Tax Block: 1
  • Tax Book Number: 54-29
  • Tax Lot: 110

Multi Family

  • Approval Process: CONTACT HOA DIRECTLY FOR ANY APPROVAL PROCESS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2024
Closed on
Oct 21, 2024
Sold by
Reyes Matilde and Reyes Kelly
Bought by
Martin Michael David and Scarlett Martin Spencer
Seller's Agent
Thomas Russell
THE CARVAJAL GROUP
Buyer's Agent
Veronica Cole
THE REAL ESTATE COLLECTION LLC
List Price
$629,900
Sold Price
$545,000
Premium/Discount to List
-$84,900
-13.48%
Views
50
Current Estimated Value
$578,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,680
Avg. Annual Appreciation
5.08%
Original Mortgage
$436,000
Outstanding Balance
$431,186
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$147,494

Purchase Details

Closed on
Dec 7, 2021
Sold by
Reyes and Miriam
Bought by
Reyes Matilde and Reyes Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,762
Interest Rate
3.12%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 13, 2013
Closed on
Mar 21, 2013
Sold by
Hsbc Bank Usa Na
Bought by
Reyes Isarael
Seller's Agent
Adriana Montes MBA
FLORIDA DREAMS REALTY GRP INC
Buyer's Agent
Leonel Ramirez
List Price
$222,500
Sold Price
$238,000
Premium/Discount to List
$15,500
6.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%
Original Mortgage
$233,689
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 21, 2012
Sold by
Rodriguez Rafael and Rodriguez Valerie
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Dec 28, 2006
Sold by
Eh/Transeastern Llc
Bought by
Rodriguez Rafael and Rodriguez Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Martin Michael David $545,000 Firm Title
Reyes Matilde -- Vylla Title
Reyes Isarael $238,000 Servicelink
Hsbc Bank Usa National Association $20,100 None Available
Rodriguez Rafael $350,000 Universal Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Michael David $436,000
Previous Owner Reyes Matilde $218,762
Previous Owner Reyes Isarael $233,689
Previous Owner Rodriguez Rafael $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2024 10/21/24 Sold $545,000 -0.7% $156 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
09/11/2024 09/11/24 Price Changed $549,000 -6.9% $158 / Sq Ft
07/31/2024 07/31/24 Price Changed $589,900 -6.4% $169 / Sq Ft
07/20/2024 07/20/24 For Sale $629,900 +164.7% $181 / Sq Ft
06/16/2014 06/16/14 Off Market $238,000 -- --
04/30/2013 04/30/13 Sold $238,000 +7.0% $68 / Sq Ft View Prior Sale
02/27/2013 02/27/13 Pending -- -- --
02/13/2013 02/13/13 For Sale $222,500 -- $64 / 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 $8,076 $495,250 $115,000 $380,250
2024 $7,478 $477,100 $115,000 $362,100
2023 $7,478 $449,907 $115,000 $334,907
2022 $6,678 $381,278 $100,000 $281,278
2021 $6,154 $331,525 $85,000 $246,525
2020 $5,681 $313,438 $65,000 $248,438
2019 $5,558 $286,430 $60,000 $226,430
2018 $5,570 $280,450 $60,000 $220,450
2017 $5,560 $274,624 $60,000 $214,624
2016 $5,338 $255,020 $25,000 $230,020
2015 $5,390 $251,047 $25,000 $226,047
2014 $5,161 $239,170 $25,000 $214,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6225186

Stellar MLS

APN: 06-2228-9244-01-100