NOT LISTED FOR SALE

509 Oakland Terrace Lake Mary, FL 32746

Estimated Value: $801,000 - $836,763

4 Beds
5 Baths
4,011 Sq Ft
$203/Sq Ft Est. Value

Last Sold July 24, 2015

Last sale price $350,000 $87 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $4,905/month

77 Days on Market

Highlights

  • Lake Front
  • 1.28 Acre Lot
  • Ceiling Fan
  • Lake Mary Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of July 2015

This gorgeous and unique 4 bed, 5 bath home is located on a quiet cul-de-sac. Each bedroom has wonderful views of Lake Bingham and their own bathrooms! The master bedroom has its own private porch and a garden tub in the bathroom overlooking the lake. The house has a top balcony with beautiful lake views and a wrap around porch. The bottom floor has a screened patio also overlooking the lake. There is a 3 car garage, a carport and ample parking space in the drive way. Hardwood floors upstairs and Granite counter tops in the kitchen. Carpet has been installed in 3 of the bedrooms. Don't miss your chance to see this beauty in person. This property has been priced below appraisal value and ready for a quick sale ;Water: City

Last Agent to Sell the Property

Bob DeRose

COLDWELL BANKER SURFCOAST RLTY License #3034451 Listed on: 03/18/2015

COLDWELL BANKER SURFCOAST RLTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,758

Year Built

  • Built in 1987

Lot Details

  • 1.28 Acre Lot
  • Lake Front
  • Property is zoned M1

Home Design

  • Metal Roof
  • Concrete Siding

Interior Spaces

  • 4,011 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 5 Full Bathrooms

Utilities

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

Community Details

  • Lake Bingham Woods East Subdivision

Listing and Financial Details

  • Assessor Parcel Number 22203050600000040

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,758

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Concrete
  • Living Area: 4011
  • Lot Size Acres: 1.28
  • Year Built: 1987
  • Building Area Total: 6782
  • Directions to Property: Take Ronald Reagan, Right onto County Home Rd., turn left onto main rd., keep straight at circle, Oakland Terr. is on left.
  • Status: Sold
  • List Office Head Office Key Nume: 1044787
  • RATIO Current Price By Calculate: 87.26
  • Total Acreage: 1 to less than 2
  • MFR_DockYN: 1
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 5
  • Interior Amenities: Ceiling Fans(s), Split Bedroom
  • Appliances Included: Dishwasher, Electric Water Heater, Range
  • Total Bedrooms: 4
  • Levels: Two
  • Stories: 2
  • Street Number Modifier: 509
  • Room Count: 6

Exterior Features

  • Pool Features: Other
  • Roof: Metal
  • Waterfront: Yes
  • Road Surface Type: Asphalt

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: See Remarks

Condo/Co-op/Association

  • Senior Community: No
  • Development: Not On The List

Lot Info

  • Zoning: M1
  • Parcel Number: 22203050600000040
  • Lot Dimensions: 55774

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2015
Closed on
Jul 24, 2015
Sold by
Woodson Scott
Bought by
Grupe James
Seller's Agent
Bob DeRose
COLDWELL BANKER SURFCOAST RLTY
List Price
$399,900
Sold Price
$350,000
Premium/Discount to List
-$49,900
-12.48%
Current Estimated Value
$813,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$463,691
Avg. Annual Appreciation
8.70%

Purchase Details

Listed on
Mar 18, 2015
Closed on
Jun 16, 2015
Sold by
Woodson Scott
Bought by
Woodson Scott and A Carole Knudson Revocable Living Trust
Seller's Agent
Bob DeRose
COLDWELL BANKER SURFCOAST RLTY
List Price
$399,900
Sold Price
$350,000
Premium/Discount to List
-$49,900
-12.48%

Purchase Details

Listed on
Mar 18, 2015
Closed on
Jun 1, 2015
Bought by
Grupe James
Seller's Agent
Bob DeRose
COLDWELL BANKER SURFCOAST RLTY
List Price
$399,900
Sold Price
$350,000
Premium/Discount to List
-$49,900
-12.48%

Purchase Details

Closed on
Mar 1, 2015
Bought by
Grupe James

Purchase Details

Closed on
Mar 5, 2004
Sold by
Paragon Relocation Resources Inc
Bought by
Knudson Charles K and Carole Knudson A

Purchase Details

Closed on
Feb 17, 2004
Sold by
Kermode Loe R and Kermode Cindy L
Bought by
Paragon Relocation Resources Inc

Purchase Details

Closed on
Dec 27, 2001
Sold by
Lee R Kermode M and Lee Cindy L
Bought by
Kermode Lee R and Kermode Cindy L

Purchase Details

Closed on
Aug 27, 1998
Sold by
Associates Home Equity Services Inc
Bought by
Kermode Lee R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.92%
Mortgage Type
Balloon

Purchase Details

Closed on
May 7, 1998
Sold by
Theresa Bridie Tr
Bought by
Associates Home Equity Services

Purchase Details

Closed on
Mar 1, 1998
Bought by
Grupe James

Purchase Details

Closed on
Nov 30, 1995
Sold by
Tranquility Mgmt Trust
Bought by
Tranquility Mgmt Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,430
Interest Rate
7.31%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 5, 1993
Sold by
Wells John F and Lisa Wells J
Bought by
Tranquility Mgmt Tr

Purchase Details

Closed on
Nov 1, 1993
Bought by
Grupe James

Purchase Details

Closed on
Dec 1, 1992
Bought by
Grupe James

Purchase Details

Closed on
Sep 1, 1984
Bought by
Grupe James
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Grupe James $350,000 Inle Title Company Inc
Woodson Scott -- Attorney
Grupe James $100 --
Grupe James $100 --
Knudson Charles K $402,000 First American Title Ins Co
Paragon Relocation Resources Inc $402,000 First American Title Ins Co
Kermode Lee R -- --
Kermode Lee R $240,000 --
Associates Home Equity Services $264,300 --
Grupe James $264,300 --
Tranquility Mgmt Trust $100 --
Wells John F $100 --
Tranquility Mgmt Tr -- --
Grupe James $100 --
Grupe James $285,100 --
Grupe James $36,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wells John F $195,000
Previous Owner Wells John F $228,000
Previous Owner Wells John F $264,430
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2015 07/24/15 Sold $350,000 -12.5% $87 / Sq Ft
06/04/2015 06/04/15 Pending -- -- --
03/18/2015 03/18/15 For Sale $399,900 -- $100 / 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 $5,758 $454,085 -- --
2023 $5,615 $440,859 $0 $0
2021 $5,449 $415,551 $0 $0
2020 $5,411 $409,814 $0 $0
2019 $5,356 $400,600 $0 $0
2018 $5,316 $393,131 $0 $0
2017 $5,292 $385,045 $0 $0
2016 $5,524 $379,765 $0 $0
2015 $6,008 $361,558 $0 $0
2014 $5,805 $348,064 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: NS1024031

Stellar MLS

APN: 22-20-30-506-0000-0040