NOT LISTED FOR SALE

Estimated Value: $1,066,000 - $1,321,000

5 Beds
3.5 Baths
3,862 Sq Ft
$302/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $1,100,000 $285 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,465/month

17 Days on Market

Highlights

  • Screened Pool
  • Gated Community
  • 0.93 Acre Lot
  • Heathrow Elementary School Rated A
  • Pond View
  • Open Floorplan

About This Home

As of July 2023

Welcome to 280 New Gate Loop, a stunning residence nestled in the heart of Lake Mary, Florida located within the exclusive guard gated community of Heathrow Woods. This exquisite home offers a perfect blend of modern elegance, comfortable living spaces, and a prime location within a desirable community.
Upon entering, you will be greeted by an inviting foyer that sets the tone for the rest of the house. The open-concept floor plan seamlessly connects the living room, dining area, and gourmet kitchen, creating a spacious and cohesive living space that is ideal for entertaining friends and family.
The kitchen is a chef's dream, featuring top-of-the-line stainless steel appliances, sleek granite countertops, a large center island with a breakfast bar, and ample storage space. Whether you're preparing a casual meal or hosting a formal dinner party, this kitchen has everything you need to create culinary delights.
The master suite is a private retreat that offers tranquility and comfort. It boasts a generously sized bedroom with large windows that let in an abundance of natural light, his and her walk-in closet for all your storage needs, and a luxurious en-suite bathroom with dual vanities, a soaking tub, and a separate walk-in shower.
The additional bedrooms are spacious and well-appointed, providing plenty of space for rest and relaxation. The home also includes a versatile bonus room that can be used as an additional bedroom, home office, a playroom, or even a home gym—tailoring the space to fit your unique lifestyle.
Also included, for you dog lovers, are covered dog kennels with a dog run area for your special friends.
Step outside to discover a delightful outdoor oasis. The covered patio is perfect for enjoying al fresco dining or simply unwinding while taking in the scenic water views of the surrounding greenery. The backyard offers plenty of space for outdoor activities and gardening, providing endless possibilities for creating your own personal sanctuary.
Located in Lake Mary, one of Central Florida's most sought-after communities, this home is conveniently situated near top-rated schools, shopping centers, dining options, and recreational amenities. With easy access to major highways and transportation, commuting to nearby cities and attractions is a breeze.
Don't miss the opportunity to make 280 New Gate Loop your new home. Schedule a private showing today and experience the epitome of luxurious Florida living in Lake Mary.

Last Agent to Sell the Property

kevin gagne

CHARLES RUTENBERG REALTY ORLANDO License #350170 Listed on: 05/26/2023

CHARLES RUTENBERG REALTY ORLANDO

Last Buyer's Agent

Moe Musleem

LEGACY REALTY & BROKERS LLC License #3539940

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,285

Year Built

  • Built in 1994

Lot Details

  • 0.93 Acre Lot
  • East Facing Home
  • Dog Run
  • Metered Sprinkler System
  • Garden
  • Property is zoned A-1

HOA Fees

  • $267 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,862 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Window Treatments
  • French Doors
  • Living Room
  • Travertine
  • Pond Views

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Screened Pool
  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Courtyard
  • Outdoor Kitchen
  • Exterior Lighting
  • Rain Gutters
  • Private Mailbox

Utilities

  • Central Air
  • Heating System Uses Propane
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,285

Year Built

Built in 1994

Lot Details

0.93 Acres

HOA Fees

$267 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Brick, Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 3862
  • Lot Size Acres: 0.93
  • New Construction: No
  • Year Built: 1994
  • Building Area Total: 5883
  • Lot Size Sq Ft: 40481
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 546.55
  • Escrow City: Lake Mary
  • Escrow State: FL
  • Escrow Street Name: E. CRYSTAL LAKE AVENUE SUITE 1005
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 284.83
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 0
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_BedroomClosetType: Walk-in Closet
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Travertine
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Crown Molding, Eat-in Kitchen, Open Floorplan, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: One
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 358.79

Exterior Features

  • Direction Faces: East
  • Pool Features: In Ground, Screen Enclosure
  • Exterior Features: Courtyard, Dog Run, French Doors, Garden, Irrigation System, Lighting, Outdoor Kitchen, Private Mailbox, Rain Gutters, Sidewalk, Sprinkler Metered
  • Roof: Tile
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Paved
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water View: Pond
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Available, Street Lights
  • Cooling: Central Air
  • Heating: Propane
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 800
  • Association Fee Frequency: Quarterly
  • Association Name: Sentry Management Inc
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Association: Heathrow Woods
  • Association 2 YN: 1
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Association URL: www.heathrowwoods.org

Fee Information

  • Total Annual Fees: 3200.00
  • Total Monthly Fees: 266.67
  • Monthly HOA Amount: 266.67

Lot Info

  • Zoning: A-1
  • Parcel Number: 11-20-29-5KV-0000-1030
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Please review HOA doc for any restrictions

Tax Info

  • Tax Annual Amount: 8285.04
  • Tax Block: 00
  • Tax Book Number: 41-26
  • Tax Lot: 103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Jul 14, 2023
Sold by
Oliver David S and Oliver Terry G
Bought by
Musleem Mohamad R
Seller's Agent
kevin gagne
CHARLES RUTENBERG REALTY ORLANDO
Buyer's Agent
Moe Musleem
LEGACY REALTY & BROKERS LLC
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%
Views
22
Current Estimated Value
$1,164,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,620
Avg. Annual Appreciation
2.15%
Original Mortgage
$770,000
Outstanding Balance
$749,333
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$415,287

Purchase Details

Closed on
Oct 3, 2002
Sold by
Riola James J and Riola Jill S
Bought by
Oliver David S and Oliver Terry G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2000
Sold by
Harkins Charles W and Harkins Susan L
Bought by
Riola James J and Riola Jill S

Purchase Details

Closed on
Apr 21, 1994
Sold by
Harkins C William
Bought by
Harkins Charles W and Harkins Susan L

Purchase Details

Closed on
Apr 1, 1994
Bought by
Oliver David S and Oliver Terry G

Purchase Details

Closed on
Nov 15, 1993
Sold by
Heathrow Dev Assoc Ltd
Bought by
Harkins C William

Purchase Details

Closed on
Jan 1, 1990
Bought by
Oliver David S and Oliver Terry G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Musleem Mohamad R $1,100,000 Central Florida Title
Oliver David S $720,000 --
Riola James J $635,000 --
Harkins Charles W -- --
Oliver David S $100 --
Harkins C William $145,000 --
Oliver David S $7,291,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Musleem Mohamad R $770,000
Previous Owner Riola James J $576,000
Previous Owner Riola James J $75,000
Previous Owner Riola James J $398,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2023 07/14/23 Sold $1,100,000 -4.3% $285 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
06/13/2023 06/13/23 Price Changed $1,150,000 -7.9% $298 / Sq Ft
06/09/2023 06/09/23 Price Changed $1,249,000 -0.1% $323 / Sq Ft
05/26/2023 05/26/23 For Sale $1,250,000 -- $324 / Sq Ft
Source: Stellar MLS

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 $13,650 $975,548 $300,000 $675,548
2024 $13,752 $1,018,044 $350,000 $668,044
2023 $8,790 $677,464 $0 $0
2022 $8,585 $677,464 $0 $0
2021 $8,505 $638,575 $250,000 $388,575
2020 $8,528 $635,369 $0 $0
2019 $8,455 $621,084 $0 $0
2018 $8,395 $609,503 $0 $0
2017 $8,366 $596,967 $0 $0
2016 $8,515 $588,782 $0 $0
2015 $8,623 $580,625 $0 $0
2014 $8,366 $576,017 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6114070

Stellar MLS

APN: 11-20-29-5KV-0000-1030

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