NOT LISTED FOR SALE

505 Northlake Dr Unit 505 Sanford, FL 32773

Estimated Value: $126,000 - $144,000

1 Bed
1 Bath
744 Sq Ft
$173/mo HOA Fee

Last Sold November 12, 2021

Last sale price $119,000 $160 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $973/month

14 Days on Market

Highlights

  • Waterfront Community
  • Community Pool
  • Central Heating and Cooling System
  • Highlands Elementary School Rated A-
  • Tennis Courts
  • Ceiling Fan

About This Home

As of November 2021

BEAUTIFUL 1Bed/1 Bath Condo in the Community of Northlake Village located in Sanford, zoned for Lake Mary High School. Large screened in front porch! This Community features a clubhouse, private fitness center, tennis court, racquetball court, Community Pool and a picture perfect dock from the clubhouse on Lake Minnie. Freshly painted, new laminate flooring throughout.LOW HOA and conveniently located near HWY 417 and just minutes from the Sanford International Airport, Seminole State College. See realtor remarks to schedule your showing!

Last Agent to Sell the Property

Azim Manji

WEICHERT REALTORS HALLMARK PRO License #3246555 Listed on: 09/30/2021

WEICHERT REALTORS HALLMARK PRO

Last Buyer's Agent

Bob Broughton

BROUGHTON REALTY GROUP License #352177

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $913

Year Built

  • Built in 1986

Lot Details

  • South Facing Home

HOA Fees

  • $173 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 744 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Vinyl Flooring

Kitchen

  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include pool maintenance, sewer, water
  • All About Management Association, Phone Number (407) 688-7405
  • Visit Association Website
  • Northlake Village Condo 4 Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Waterfront Community
  • Tennis Courts
  • Racquetball
  • Community Pool

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed
  • Breed Restrictions
  • Medium pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$913

Year Built

Built in 1986

Lot Details

0

HOA Fees

$173 per month

Listing Details

  • HOA Fee Includes: Pool Maintenance, Sewer, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 744
  • Lot Size Acres: 0.01
  • New Construction: No
  • Year Built: 1986
  • Lot Size Sq Ft: 375
  • Directions to Property: Go south on 17-92 from Lake Mary Blvd, right on Lake Minnie Dr , right into community Northlake Village . No Sign
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5976700?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5976700?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 159.95
  • Close to Original List Price Ratio: 0.95276
  • View: No
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Thermostat
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 2
  • Street Number Modifier: 505
  • Room Count: 3

Exterior Features

  • Direction Faces: South
  • Exterior Features: Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool, Racquetball, Tennis Courts, Waterfront
  • Association Fee: 173
  • Association Fee Frequency: Monthly
  • Association Name: All about management
  • Phone: 407 688 7405
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 160
  • Condo Fees Term: Monthly
  • Association Website: allaboutmgmt.com
  • Association Email: allaboutmgmt@aol.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 160
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 3996
  • Monthly HOA Fee: 173
  • Total Monthly Fees: 333

Lot Info

  • Zoning: MR2
  • Parcel Number: 14-20-30-512-0000-5050
  • Additional Parcels: No
  • Flood Zone Code: x

Rental Info

  • Pets Allowed: Breed Restrictions, Size Limit
  • Pet Size: Medium (36-60 Lbs.)
  • Minimum Lease: 8-12 Months
  • Approval Process: Please verify with HOA
  • Pet Restrictions: Please check with HOA
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Please check with HOA for pet restrictions and Leasing requirements

Tax Info

  • Tax Annual Amount: 913.29
  • Tax Block: 00
  • Tax Book Number: 33-59
  • Tax Lot: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Nov 12, 2021
Sold by
Mucklai Reza
Bought by
Taltos Nicholas Z
Seller's Agent
Azim Manji
WEICHERT REALTORS HALLMARK PRO
Buyer's Agent
Bob Broughton
BROUGHTON REALTY GROUP
List Price
$124,900
Sold Price
$119,000
Premium/Discount to List
-$5,900
-4.72%
Total Days on Market
14
Current Estimated Value
$133,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,412
Avg. Annual Appreciation
4.45%
Original Mortgage
$109,480
Outstanding Balance
$100,767
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$39,809

Purchase Details

Listed on
Oct 30, 2020
Closed on
Mar 30, 2021
Sold by
Msr Orlando Llc
Bought by
Mucklai Reza
Seller's Agent
Renee Burrus
RE/MAX TOWN CENTRE
Buyer's Agent
Alhadi Abdul
HUMPHREY REALTY CORP
List Price
$72,000
Sold Price
$45,000
Premium/Discount to List
-$27,000
-37.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
379.94%

Purchase Details

Closed on
Jul 9, 2015
Sold by
Simash Properties Llc
Bought by
Msr Orlando Llc

Purchase Details

Closed on
Feb 29, 2012
Sold by
Msr Orlando Llc
Bought by
Simash Properties Llc

Purchase Details

Closed on
Oct 12, 2011
Sold by
Moran Rachel C and Moran Laura H
Bought by
Msr Orlando Llc

Purchase Details

Closed on
Jan 15, 2010
Sold by
St Financial Inc
Bought by
Moran Cheryl

Purchase Details

Closed on
Jan 1, 2010
Bought by
Msr Orlando Llc

Purchase Details

Closed on
Aug 27, 2009
Sold by
Stonecrest Income & Opportunity Fund I L
Bought by
St Financial Inc

Purchase Details

Closed on
Aug 1, 2009
Bought by
Msr Orlando Llc

Purchase Details

Closed on
Jul 16, 2009
Sold by
Homesales Inc Of Delaware
Bought by
Stonecrest Income & Opportunity Fund 1 L

Purchase Details

Closed on
Jul 1, 2009
Bought by
Msr Orlando Llc

Purchase Details

Closed on
Feb 26, 2009
Sold by
Graffuis Nesmith Patricia A and Nesmith Mark
Bought by
Homesales Inc Of Delaware

Purchase Details

Closed on
Jul 12, 2007
Sold by
Graffuis Nesmith Patricia A and Nesmith Mark
Bought by
Graffuis Nesmith Patricia A and Nesmith Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,800
Interest Rate
9.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2007
Bought by
Msr Orlando Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,800
Interest Rate
9.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 1996
Sold by
Graffuis Dale J and Delrocco Jennifer A
Bought by
Graffuis Patricia A

Purchase Details

Closed on
Oct 1, 1987
Bought by
Msr Orlando Llc
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
Taltos Nicholas Z $119,000 Assurance T&E Llc
Mucklai Reza $45,000 The Closing Agent Llc
Msr Orlando Llc $37,000 Attorney
Simash Properties Llc $27,000 Attorney
Msr Orlando Llc $19,000 Principal Title Services Llc
Moran Cheryl $19,500 Principal Title Services Llc
Msr Orlando Llc $100 --
St Financial Inc $12,205 None Available
Msr Orlando Llc $12,300 --
Stonecrest Income & Opportunity Fund 1 L $10,105 Attorney
Msr Orlando Llc $10,200 --
Homesales Inc Of Delaware -- None Available
Graffuis Nesmith Patricia A -- Dba Nations Lending Svc Oh
Msr Orlando Llc $100 --
Graffuis Patricia A $35,500 --
Msr Orlando Llc $35,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taltos Nicholas Z $109,480
Previous Owner Msr Orlando Lp $300,000
Previous Owner Matharoo Pradeep $333,675
Previous Owner Graffuis Nesmith Patricia A $92,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $119,000 0.0% $160 / Sq Ft
10/14/2021 10/14/21 Pending -- -- --
10/07/2021 10/07/21 Price Changed $119,000 -4.7% $160 / Sq Ft
09/30/2021 09/30/21 For Sale $124,900 +177.6% $168 / Sq Ft
04/01/2021 04/01/21 Sold $45,000 -8.2% $60 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
02/25/2021 02/25/21 Price Changed $49,000 -31.9% $66 / Sq Ft
01/19/2021 01/19/21 For Sale $72,000 0.0% $97 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
11/17/2020 11/17/20 For Sale $72,000 0.0% $97 / Sq Ft
11/08/2020 11/08/20 Pending -- -- --
10/30/2020 10/30/20 For Sale $72,000 -- $97 / 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 $930 $95,204 -- --
2023 $888 $92,431 $0 $0
2021 $993 $49,411 $0 $0
2020 $913 $59,826 $0 $0
2019 $821 $51,006 $0 $0
2018 $734 $42,952 $0 $0
2017 $673 $33,748 $0 $0
2016 $615 $30,680 $0 $0
2015 $504 $29,146 $0 $0
2014 $504 $25,311 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5976700

Stellar MLS

APN: 14-20-30-512-0000-5050