NOT LISTED FOR SALE

508 W Faith Terrace Maitland, FL 32751

Estimated Value: $474,000 - $506,655

3 Beds
2 Baths
1,800 Sq Ft
$270/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $465,000 $258 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,964/month

65 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Solid Surface Countertops
  • Lyman High School Rated A-
  • Midcentury Modern Architecture
  • No HOA

About This Home

As of February 2023

Home Sweet Home in Maitland! This beautifully updated pool home sits on a quiet street in a family friendly neighborhood. Open floor plan is perfect for entertaining. Well-equipped gourmet kitchen features granite counter tops, stainless-steel appliances and a walk-in pantry. Wood burning fireplace gives the living room a cozy feel. In addition to the 3 bedrooms and 2 baths, an office/flex room/extra bedroom is located off the kitchen. The laundry room opens to a separate storage room with an extra refrigerator. There’s tons of storage and bonus space in this home! Plantation Shutters and stylish wood look tile floors throughout the house are beautiful and easy to maintain. French doors open to a large, covered patio and pool area equipped with a safety fence. Pool and patio area were just installed in 2020/2021. Water softener installed 2021. A/C 2020. Extra refrigerator in storage room as well as Washer and Dryer included. No HOA. The side yard has room for boat/trailer storage inside the gate. This property is conveniently located close to Winter Park, Altamonte Springs, St. Mary Magdalen, Orangewood Christian School, RDV Sportsplex, shopping and dining. Easy access to I-4 and the 414.

Last Agent to Sell the Property

James Broadus

DIVERSIFIED REALTY HOLDINGS License #3064032 Listed on: 10/20/2022

Last Buyer's Agent

Sherry Duvall

ADAIR REALTY INC License #638301

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,816

Year Built

  • Built in 1959

Lot Details

  • 10,349 Sq Ft Lot
  • Lot Dimensions are 79x131
  • South Facing Home
  • Irrigation
  • Property is zoned R-1AA

Parking

  • 2 Car Attached Garage

Home Design

  • Midcentury Modern Architecture
  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • French Doors
  • Den
  • Tile Flooring
  • Home Security System
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • In Ground Spa
  • Gunite Pool
  • Child Gate Fence
  • Pool Sweep

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Water Softener
  • Septic Tank

Community Details

  • No Home Owners Association
  • Oakland Shores Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,816

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mid-Century Modern
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 1800
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1959
  • Building Area Total: 2323
  • Lot Size Sq Ft: 10349
  • Status: Sold
  • Street Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6065973?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6065973?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.93769
  • Price per Sq Ft: 258.33
  • Close to Original List Price Ratio: 0.93019
  • Ratio: Current Price\Building Area Total: 200.17
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Open Floorplan, Solid Surface Counters
  • Appliances Included: Disposal, Microwave, Range, Refrigerator, Water Softener
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: In Ground
  • Stories: 1
  • Room Count: 6
  • Additional Rooms: Den/Library/Office
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: South
  • Pool Features: Child Safety Fence, Gunite, In Ground, Pool Sweep
  • Exterior Features: French Doors, Irrigation System
  • Roof: Other
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Security System
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Lot Info

  • Zoning: R-1AA
  • Parcel Number: 24-21-29-509-0C00-0060
  • Additional Parcels: No
  • Lot Dimensions: 79x131
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Pet Restrictions: Buyers to verify pet restrictions
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Buyers to verify lease restrictions

Tax Info

  • Tax Annual Amount: 1816.23
  • Tax Block: C
  • Tax Book Number: 10-3
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Feb 10, 2023
Sold by
Paoloni Nicholas J and Paoloni Ashley N
Bought by
Duvall Sherry Ann
Seller's Agent
James Broadus
DIVERSIFIED REALTY HOLDINGS
Buyer's Agent
Sherry Duvall
ADAIR REALTY INC
List Price
$499,900
Sold Price
$465,000
Premium/Discount to List
-$34,900
-6.98%
Views
19
Current Estimated Value
$485,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,914
Avg. Annual Appreciation
1.63%
Original Mortgage
$279,000
Outstanding Balance
$270,480
Interest Rate
6.48%
Mortgage Type
Construction
Estimated Equity
$215,434

Purchase Details

Closed on
Dec 28, 2012
Sold by
Paoloni Catherine V
Bought by
Paoloni Nicholas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
3.36%

Purchase Details

Closed on
Aug 20, 2012
Sold by
Vermeulen Jason D and Vermeulen Anne C
Bought by
Paoloni Catherine

Purchase Details

Closed on
May 9, 2008
Sold by
Winningham Barbara F
Bought by
Vermeulen Jason D and Vermeulen Anne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,200
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1978
Bought by
Paoloni Nicholas J
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
Duvall Sherry Ann $465,000 Ams Title Agency & Escrow
Duvall Sherry Ann $465,000 Ams Title Agency & Escrow
Paoloni Nicholas J $185,000 First International Title In
Paoloni Catherine $98,000 Mortgagee Title Services Inc
Vermeulen Jason D $216,000 Watson Title Services Inc
Paoloni Nicholas J $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duvall Sherry Ann $279,000
Closed Duvall Sherry Ann $279,000
Previous Owner Paoloni Nicholas J $148,000
Previous Owner Vermeulen Jason D $205,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2023 02/10/23 Sold $465,000 -6.2% $258 / Sq Ft
12/25/2022 12/25/22 Pending -- -- --
10/20/2022 10/20/22 Price Changed $495,900 -0.8% $276 / Sq Ft
10/20/2022 10/20/22 For Sale $499,900 -- $278 / 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 $5,052 $395,996 $95,000 $300,996
2023 $2,337 $189,193 $0 $0
2022 $2,274 $189,193 $0 $0
2021 $1,816 $150,445 $0 $0
2020 $1,792 $148,368 $0 $0
2019 $1,776 $145,032 $0 $0
2018 $1,750 $142,328 $0 $0
2017 $1,734 $139,401 $0 $0
2016 $1,771 $137,490 $0 $0
2015 $1,510 $135,585 $0 $0
2014 $1,510 $134,509 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6065973

Stellar MLS

APN: 24-21-29-509-0C00-0060