NOT LISTED FOR SALE

5080 Wayside Dr Sanford, FL 32771

Estimated Value: $666,000 - $1,013,000

10 Beds
10.5 Baths
4,540 Sq Ft
$184/Sq Ft Est. Value

Last Sold March 16, 2022

Last sale price $525,000 $116 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,897/month

48 Days on Market

Highlights

  • 1.34 Acre Lot
  • No HOA
  • Ceramic Tile Flooring
  • Wilson Elementary School Rated A
  • 2 Car Attached Garage
  • Outdoor Storage

About This Home

As of March 2022

Outstanding Opportunity.. Extremely Desirable location North of Heathrow. Former ALF (Assisted Living Facility) on 1.3 Acre of land in the fast growing Heathrow/Lake Mary/Sanford area. 10 individual rooms each with their own shower. Congregation room, library and more. Needs renovation to be a modern assisted living or converted to a nice estate home. Property has a commercial grade back up generator in case of power failure, security system and sprinkler system. Need to apply for special exception to use it as an ALF again. Agriculture zoning can allow horses, farming, etc. Property is strategically located approximately 3 minutes from Interstate 4, 25 minutes to downtown Orlando to the south and an additional 20 minutes to major tourist attractions. To the northeast of the property are the beaches; New Smyrna Beach and Daytona Beach areas are approximately 30 minutes away. Nearby employers include, new Heathrow ER, 2 minutes away, the national headquarters for AAA and other notable employers such as Deloit, Mitsubishi Power Systems, Axium Healthcare, Convergys, Symantec, Verizon and Fiserv. Only 20 minutes to the newly expanded Orlando-Sanford Airport. Seminole County high schools are ranked among the top 3% in the nation.

Last Agent to Sell the Property

John Sadri

JOHN SADRI & COMPANY License #598235 Listed on: 10/13/2021

Last Buyer's Agent

Brenda McGough

DASH REAL ESTATE COMPANY License #3481241

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,191

Year Built

  • Built in 1980

Lot Details

  • 1.34 Acre Lot
  • South Facing Home
  • Property is zoned A-1

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shake Roof
  • Block Exterior

Interior Spaces

  • 4,540 Sq Ft Home
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 10 Bedrooms

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,191

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 4540
  • Lot Size Acres: 1.34
  • New Construction: No
  • Year Built: 1980
  • Lot Size Sq Ft: 58370
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5979378?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5979378?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.98131
  • Price per Sq Ft: 115.64
  • Close to Original List Price Ratio: 0.98131
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 10
  • Half Bathrooms: 1
  • Interior Amenities: Other
  • Appliances Included: Electric Water Heater, Other
  • Foundation Details: Slab
  • Total Bedrooms: 10
  • Levels: One
  • Room Count: 6

Exterior Features

  • Direction Faces: South
  • Exterior Features: Lighting, Storage
  • Roof: Shake
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12117C0065F
  • Disclosures: None

Garage/Parking

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

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

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

Lot Info

  • Zoning: A-1
  • Parcel Number: 30-19-30-300-002D-0000
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2007-09-28

Rental Info

  • Minimum Lease: 7 Months
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 6190.78
  • Tax Block: 09747
  • Tax Book Number: 1-51
  • Tax Lot: 0511

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2024
Sold by
Zaidi Syed M
Bought by
Zaidi Syed M and Moral Jacob
Current Estimated Value
$836,428

Purchase Details

Listed on
Oct 13, 2021
Closed on
Mar 16, 2022
Sold by
5080 Wayside Land Trust
Bought by
Zaidi Syed M
Seller's Agent
John Sadri
JOHN SADRI & COMPANY
Buyer's Agent
Brenda McGough
DASH REAL ESTATE COMPANY
List Price
$535,000
Sold Price
$525,000
Premium/Discount to List
-$10,000
-1.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.73%
Original Mortgage
$420,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2020
Sold by
Ac Panmar Inc
Bought by
Elite Trust & Escrow Company Llc

Purchase Details

Closed on
Oct 30, 2007
Sold by
Four Season Alf Inc
Bought by
Ac Panmar Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$662,000
Interest Rate
6.22%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 10, 2002
Sold by
Allan L Hobby M and Allan Jean A
Bought by
Four Season Alf Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 5, 2002
Sold by
Allan L Hobby M and Allan Jean A
Bought by
Matonti Anthony and Matonti Darlene F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
6.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 24, 1996
Sold by
Cunningham Michael A and Cunningham Teresa M
Bought by
Hobby Allan L and Hobby Jean A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
7.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 23, 1996
Sold by
Fox Charles B and Fox Constance
Bought by
Cunningham Michael A and Cunningham Teresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
7.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 1, 1992
Bought by
Ac Panmar Inc
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
Zaidi Syed M $200,000 None Listed On Document
Zaidi Syed M $525,000 Walker & Tudhope Pa
Elite Trust & Escrow Company Llc $380,100 Attorney
Ac Panmar Inc $750,000 Titlecorp Of Florida Inc
Four Season Alf Inc $360,000 --
Matonti Anthony $100,000 --
Hobby Allan L $200,000 --
Cunningham Michael A $100 --
Ac Panmar Inc $136,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zaidi Syed M $420,000
Previous Owner Ac Panmar Inc $662,000
Previous Owner Cunningham Michael A $300,000
Previous Owner Cunningham Michael A $62,000
Previous Owner Cunningham Michael A $60,000
Previous Owner Cunningham Michael A $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2022 03/16/22 Sold $525,000 -1.9% $116 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
11/24/2021 11/24/21 For Sale $535,000 0.0% $118 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $535,000 -- $118 / 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 $5,967 $451,746 $100,500 $351,246
2023 $5,859 $440,239 $100,500 $339,739
2022 $6,305 $507,453 $103,180 $404,273
2021 $6,191 $448,783 $93,800 $354,983
2020 $6,248 $449,044 $0 $0
2019 $5,772 $408,616 $0 $0
2018 $5,535 $386,501 $0 $0
2017 $5,250 $359,803 $0 $0
2016 $5,197 $339,353 $0 $0
2015 $5,428 $346,155 $0 $0
2014 $5,428 $349,555 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5979378

Stellar MLS

APN: 30-19-30-300-002D-0000