NOT LISTED FOR SALE

40 Palmer Ave Winter Park, FL 32789

Estimated Value: $864,000 - $2,191,000

5 Beds
4.5 Baths
4,166 Sq Ft
$384/Sq Ft Est. Value

Last Sold February 20, 2024

Last sale price $1,450,000 $348 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $9,529/month

144 Days on Market

Highlights

  • Garage Apartment
  • Living Room with Fireplace
  • Main Floor Primary Bedroom
  • Winter Park High Rated A+
  • Wood Flooring
  • Corner Lot

About This Home

As of February 2024

Walk to Park Avenue – 40 Palmer Avenue, Winter Park – Offered at $1,595,000. Beautiful 4-bedroom, 3.5 bath home with an additional 1/1 guest apartment above the 3-car garage. Tastefully updated, this lovely residence features large, formal living spaces, a chef’s kitchen, and first floor primary bedroom. The grand living room at the front of the home draws design inspiration from Spanish Revival architecture and features oversized windows which overlook Winter Park’s majestic lakefront estates along Palmer Avenue and is complimented by brick flooring, vaulted beamed ceilings, and a gas fireplace. Located at the heart of the home is the gourmet kitchen with custom cabinetry, granite countertops, and high-end Thermador appliances. A bartop peninsula in the kitchen opens up to the family room which overlooks the backyard; French doors open up to the covered patio. Upstairs you’ll find 3 spacious guest bedrooms, two full baths, and an air-conditioned utility/storage room. Above the garage, with its own stairwell entry, is the full guest apartment offering a living space, kitchenette, separate bedroom, and full bath. Located within a half- mile of Park Avenue’s shops, restaurants, and museums, this home scores a 10+ on walkability and places you within walking distance to the Winter Park Golf Course and other nearby attractions. Additional highlights and improvements include: 3 new HVAC units, a brand new roof, natural gas, and more.

Last Agent to Sell the Property

Kelly Price

KELLY PRICE & COMPANY LLC Brokerage Phone: 407-645-4321 License #571579 Listed on: 09/14/2023

Last Buyer's Agent

Christopher Christensen

COMPASS FLORIDA LLC License #3189396

COMPASS FLORIDA LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,658

Year Built

  • Built in 1972

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 160x125
  • One Way Street
  • Northeast Facing Home
  • Corner Lot
  • Irrigation
  • Street paved with bricks
  • Landscaped with Trees
  • Property is zoned R-1AA

Parking

  • 3 Car Attached Garage
  • Garage Apartment
  • Circular Driveway

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 4,166 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • French Doors
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage Room
  • Laundry Room
  • Inside Utility

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Robert Dhu Macdonald Park Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,658

Year Built

Built in 1972

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco, Wood Frame
  • Fireplace: Yes
  • Living Area: 4166
  • Lot Size Acres: 0.3
  • New Construction: No
  • Year Built: 1972
  • Building Area Total: 5294
  • Lot Size Sq Ft: 13047
  • Directions to Property: House is located at corner of Palmer Avenue and Park Avenue. Take Palmer Avenue North to Park Avenue. Merge left. House is on left.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1052181
  • Minimum Lease: 7 Months
  • RATIO Current Price By Calculate: 348.06
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 407-645-4321
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Living Room
  • Living Area Units: Square Feet
  • Flooring: Laminate, Wood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Microwave, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Window Features: Blinds
  • Street Number Modifier: 40
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Family Room,Formal Dining Room Separate,Formal Living Room Separate,Garage Apartment,Inside Utility,Storage Rooms
  • Living Area Meters: 387.03
  • Room Count: 9

Exterior Features

  • Direction Faces: Northeast
  • Exterior Features: French Doors, Irrigation System, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered
  • Road Surface Type: Brick
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2009-09-25
  • Flood Zone Panel: 12095C0255F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Circular Driveway

Utilities

  • Utilities: BB/HS Internet Available, Cable Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Lakemont Elem
  • High School: Winter Park High
  • Middle Or Junior School: Maitland Middle

Lot Info

  • Zoning: R-1AA
  • Parcel Number: 06-22-30-5322-03-040
  • Additional Parcels: No
  • Lot Features: Corner Lot, City Limits, Street Brick, Street One Way
  • Lot Dimensions: 160x125
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 1212

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 11658
  • Tax Block: C
  • Tax Book Number: O-20
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Feb 20, 2024
Sold by
Freeman Family Trust
Bought by
Ovn Development Inc
Seller's Agent
Kelly Price
KELLY PRICE & COMPANY LLC
Buyer's Agent
Christopher Christensen
COMPASS FLORIDA LLC
List Price
$1,750,000
Sold Price
$1,450,000
Premium/Discount to List
-$300,000
-17.14%
Views
166
Current Estimated Value
$1,601,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,201
Avg. Annual Appreciation
6.12%

Purchase Details

Closed on
Mar 1, 2023
Sold by
Freeman Randal Glen and Freeman Nan Moorhead
Bought by
Freeman Family Trust and Freeman

Purchase Details

Closed on
Dec 13, 2013
Sold by
Caruso Penny M
Bought by
Freeman Randal G and Freeman Nan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
2.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 5, 2003
Sold by
Dawson Ray F and Dawson Helen
Bought by
Caruso Penny M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.35%
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
Ovn Development Inc $1,450,000 None Listed On Document
Freeman Family Trust $100 None Listed On Document
Freeman Randal G $765,000 Attorney
Caruso Penny M $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Freeman Randal G $535,000
Previous Owner Caruso Penny M $272,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2024 02/20/24 Sold $1,450,000 -9.1% $348 / Sq Ft
02/06/2024 02/06/24 Pending -- -- --
10/23/2023 10/23/23 Price Changed $1,595,000 -8.9% $383 / Sq Ft
09/14/2023 09/14/23 For Sale $1,750,000 -- $420 / 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 $12,774 $465,000 $465,000 --
2024 $12,316 $1,333,360 $465,000 $868,360
2023 $12,316 $817,879 $0 $0
2022 $11,658 $794,057 $0 $0
2021 $11,539 $770,929 $0 $0
2020 $11,103 $760,285 $0 $0
2019 $11,488 $743,192 $0 $0
2018 $11,430 $729,335 $0 $0
2017 $11,336 $795,340 $420,000 $375,340
2016 $11,108 $784,755 $420,000 $364,755
2015 $11,375 $762,473 $400,000 $362,473
2014 $11,473 $689,265 $306,000 $383,265
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6141884

Stellar MLS

APN: 06-2230-5322-03-040