NOT LISTED FOR SALE

3438 Sterling Ln Orlando, FL 32817

Estimated Value: $792,000 - $892,340

3 Beds
2.5 Baths
2,902 Sq Ft
$290/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $705,000 $243 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,106/month

37 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Dock made with concrete
  • Screened Pool
  • Arbor Ridge School Rated A-
  • Boat Ramp
  • Sauna

About This Home

As of December 2021

New Price!!! Owner Motivated!!! Presenting on the market for the first time, a custom-built, direct-lakefront home located on a private road. This three-bedroom, two-bath home on beautiful Lake Irma, a ski lake with a ski slalom course, looks out westerly and has incredible sunset views. This home boasts an expansive, covered atrium through French doors that overlook the swimming pool and lake. The built-in brick barbecue is perfect for gatherings, as is the additional eating space, complete with lush palm trees and landscaping within the atrium. The atrium has irrigation for the indoor landscaping and new indoor/outdoor flooring. Inside, the soaring cathedral ceilings offer great expansiveness in the family room, living room and dining room. The split bedroom plan starts with the generously sized master suite. It features dual walk-in closets, a sunken marble tub, jetted jacuzzi tub and a dual-head steam shower. Also, there is a private covered patio off the master bedroom that's poolside. Two more bedrooms are nice sized and have a shared bath. The kitchen features a large island with a separate eat-in space and bar. Built-in appliances add a nice touch. A large laundry room features plenty of workspace, along with the oversized garage and mud/drop zone. Located on over 3 acres, this property has a full sea wall running across the property, a dock and a fishing boat winch. The whole property is under timer irrigation drawn from the lake. The outbuilding is equipped with electricity and can be used as a workshop, additional storage or stow pool equipment neatly stored inside and out of the weather. The large, private dock features seating for sunset viewing and a private concrete boat launch to launch your boat. This Winter Park lake home is ready for new memories to be made. Make your appointment soon.

Last Agent to Sell the Property

Dan Haber

CORCORAN PREMIER REALTY License #3202220 Listed on: 09/23/2021

CORCORAN PREMIER REALTY

Last Buyer's Agent

Eve Alexander

BUYERS BROKER OF FLORIDA License #485295

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,819

Year Built

  • Built in 1973

Lot Details

  • 3.07 Acre Lot
  • 100 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • East Facing Home
  • Irrigation
  • Property is zoned R-1AA

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,902 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Window Treatments
  • French Doors
  • Family Room with Fireplace
  • Sun or Florida Room
  • Sauna
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Screened Pool
  • In Ground Pool
  • Fence Around Pool
  • Outdoor Shower

Outdoor Features

  • Access To Lake
  • Seawall
  • Water Skiing Allowed
  • Boat Ramp
  • Dock made with concrete
  • Dock made with wood
  • Open Dock
  • Exterior Lighting
  • Outdoor Storage

Schools

  • Arbor Ridge Elementary School
  • Glenridge Middle School
  • Winter Park High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sterling Lane Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,819

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2902
  • Lot Size Acres: 3.07
  • New Construction: No
  • Year Built: 1973
  • Lot Size Sq Ft: 133905
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5974553?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5974553?w=Customer
  • Homestead Y N: No
  • Total Acreage: 2 to less than 5
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.90501
  • Price per Sq Ft: 242.94
  • Close to Original List Price Ratio: 0.72012
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Master Bedroom Main Floor, Open Floorplan, Sauna, Skylight(s), Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Cooktop, Dishwasher, Disposal, Dryer, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Additional Rooms: Florida Room

Exterior Features

  • Direction Faces: East
  • Other Structures: Storage
  • Pool Features: In Ground, Screen Enclosure
  • Exterior Features: French Doors, Irrigation System, Lighting, Outdoor Shower, Storage
  • Roof: Metal
  • Pool Private: Yes
  • Road Frontage Type: Private Road
  • View: Water
  • Water Body Name: Lake Irma
  • Waterfront: Yes
  • Road Surface Type: Paved, Asphalt
  • Water View: Lake
  • Water Access: Lake
  • Water Extras: Boat Ramp - Private, Dock - Concrete, Dock - Open, Dock - Wood, Seawall - Other, Skiing Allowed
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 100
  • Water Frontage Feet Lake: 100
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Street Lights
  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • 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 Approval Required YN: No

Schools

  • Elementary School: Arbor Ridge Elem
  • High School: Winter Park High
  • Middle Or Junior School: Glenridge Middle

Lot Info

  • Zoning: R-1AA
  • Parcel Number: 12-22-30-0000-00-032
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Furnished: Unfurnished
  • Minimum Lease: 8-12 Months
  • Approval Process: Per Orange County Code
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Per Orange County Code

Tax Info

  • Tax Annual Amount: 3818.64
  • Tax Block: 0
  • Tax Book Number: 0
  • Tax Lot: 32

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Dec 10, 2021
Sold by
Westerman Gary L and Estate Of Lois M Westerman
Bought by
Sukthankar Rahul and Sukthankar Gita R
Seller's Agent
Dan Haber
CORCORAN PREMIER REALTY
Buyer's Agent
Eve Alexander
BUYERS BROKER OF FLORIDA
List Price
$979,000
Sold Price
$705,000
Premium/Discount to List
-$274,000
-27.99%
Current Estimated Value
$842,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,335
Avg. Annual Appreciation
4.41%

Purchase Details

Closed on
Nov 11, 2020
Sold by
Westerman Lois Marjorie
Bought by
Westerman Larry B and Westerman Gary L
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
Sukthankar Rahul -- Attorney
Sukthankar Rahul -- Attorney
Sukthankar Rafiul $705,000 Attorney
Westerman Larry B -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2021 12/10/21 Sold $705,000 -9.5% $243 / Sq Ft
10/30/2021 10/30/21 Pending -- -- --
10/23/2021 10/23/21 Price Changed $779,000 -2.5% $268 / Sq Ft
10/20/2021 10/20/21 Price Changed $799,000 -9.1% $275 / Sq Ft
10/07/2021 10/07/21 Price Changed $879,000 -10.2% $303 / Sq Ft
09/23/2021 09/23/21 For Sale $979,000 -- $337 / 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 $8,939 $589,774 -- --
2024 $11,566 $573,153 -- --
2023 $11,566 $701,330 $210,000 $491,330
2022 $10,357 $625,707 $210,000 $415,707
2021 $4,013 $268,724 $0 $0
2020 $3,819 $265,014 $0 $0
2019 $3,926 $259,056 $0 $0
2018 $3,891 $254,226 $0 $0
2017 $3,833 $406,309 $176,400 $229,909
2016 $3,803 $393,890 $168,000 $225,890
2015 $3,864 $386,052 $160,000 $226,052
2014 $3,922 $287,202 $135,000 $152,202
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5974553

Stellar MLS

APN: 12-2230-0000-00-032