NOT LISTED FOR SALE

553 Majestic Palm Dr Altamonte Springs, FL 32701

Estimated Value: $405,987 - $431,000

3 Beds
3.5 Baths
1,718 Sq Ft
$243/Sq Ft Est. Value

Last Sold May 16, 2019

Last sale price $285,000 $166 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,785/month

67 Days on Market

Highlights

  • Newly Remodeled
  • Contemporary Architecture
  • Solid Surface Countertops
  • Lyman High School Rated A-
  • Property is near public transit
  • Community Pool

About This Home

As of May 2019

Enjoy carefree, low-maintenance living in this stunning three-story townhome, located in the heart of Altamonte Springs. This Lawrence floor plan features a beautiful kitchen with 42” Espresso cabinets with crown molding, quartz counter tops, marble subway tiled backsplash and breakfast bar. Just off the living room, you’ll find a private balcony to relax and unwind. Laminate wood floors through the kitchen, living and dining area with 10’ ceilings and 8’ doors. Upstairs will take you to a master suite with a luxurious master bathroom featuring double vanities, oversized walk-in shower and a walk-in closet. Community features an oversized swimming pool and cabana, fire-pit and playground. Located in the heart of Altamonte Springs just minutes away from the best restaurants, shopping, entertainment and easy access to I-4 & SR 436.

Last Agent to Sell the Property

Lisa Stuart

License #684425 Listed on: 01/30/2019

Last Buyer's Agent

Brian Tarnecki

SUNCOAST TAMPA ASSOCIATION OF REALTORS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $808

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 1,083 Sq Ft Lot
  • North Facing Home
  • Metered Sprinkler System
  • Landscaped with Trees

HOA Fees

  • $273 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Guest Parking
  • On-Street Parking
  • Open Parking
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Tri-Level Property
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Siding

Interior Spaces

  • 1,718 Sq Ft Home
  • Insulated Windows
  • Blinds
  • Inside Utility
  • Laundry Room

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Low Flow Plumbing Fixtures

Home Security

  • Home Security System
  • In Wall Pest System

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows with Low Emissivity
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • Energy-Efficient Roof
  • Energy-Efficient Thermostat
  • No or Low VOC Paint or Finish
  • Ventilation

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit
  • City Lot

Schools

  • Lake Orienta Elementary School
  • Milwee Middle School
  • Lyman High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • High-Efficiency Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Down Payment Assistance Available
  • Visit Down Payment Resource Website
  • Tax Lot 88
  • Assessor Parcel Number 13-21-29-542-0000-0880

Community Details

Overview

  • Association fees include insurance, maintenance structure, ground maintenance, pool maintenance, trash
  • Melrose Management Group Association, Phone Number (407) 228-4181
  • Built by Ashton Woods
  • Enclave At Altamonte A Rep Subdivision, Lawrence Floorplan
  • On-Site Maintenance
  • Rental Restrictions

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$808

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$273 per month

Parking

2

Listing Details

  • HOA Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Pool Maintenance, Trash
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Townhouse
  • Architectural Style: Contemporary
  • Construction Materials: Block, Siding
  • Fireplace: No
  • Living Area: 1718
  • Lot Size Acres: 0.02
  • New Construction: Yes
  • Year Built: 2018
  • Building Area Total: 2181
  • Lot Size Sq Ft: 1083
  • Directions to Property: From I-4: Take Exit 92 for SR 436 East/Altamonte Springs. Head East on 436 then go 1 mile, turn right on Palm Springs Drive, keep left and continue on Palm Springs Dr to the left of Publix shopping center.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5760563&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5760563&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: Yes
  • Call Center Phone Number: 407-801-6762
  • Ratio: Close Price\List Price: 0.96613
  • Price per Sq Ft: 165.89
  • Close to Original List Price Ratio: 0.95987
  • Ratio: Current Price\Building Area Total: 130.67
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Tax Year: 2018
  • Special Features: NewHome

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: In Wall Pest System, Solid Surface Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Range
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Window Features: Blinds, Insulated Windows, Low Emissivity Windows
  • Street Number Modifier: 553
  • Room Count: 6
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: North
  • Exterior Features: Balcony, Irrigation System, Lighting, Rain Gutters, Sidewalk, Sprinkler Metered
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio, Porch
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12117C0165F
  • Disclosures: HOA/PUD/Condo Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Garage Faces Rear, Guest, Off Street, On Street, Open
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Fiber Optics, Phone Available, Public, Sewer Available, Sprinkler Meter, Street Lights, Underground Utilities, Water Available
  • Cooling: Central Air, Zoned
  • Heating: Central, Zoned
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Playground, Pool, Sidewalk
  • Association Amenities: Maintenance, Playground, Pool
  • Association Fee: 273
  • Association Fee Frequency: Monthly
  • Association Name: Melrose Management Group
  • Phone: 407-228-4181
  • Association: Yes
  • Security: Fire Alarm, Fire Sprinkler System, Secured Garage/Parking, Security System, Smoke Detector(s), Fire/Smoke Detection Integration
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Monthly HOA Fee: 273

Schools

  • Elementary School: Lake Orienta Elementary
  • High School: Lyman High
  • Middle Or Junior School: Milwee Middle

Lot Info

  • Zoning: RES
  • Parcel Number: 13-21-29-542-0000-0880
  • Additional Parcels: No
  • Lot Features: City Lot, In County, Near Public Transit, Sidewalk
  • Flood Zone Code: X
  • Flood Zone Date: 2007-09-28
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Appliances, Insulation, Lighting, Roof, Thermostat, Water Heater, Windows
  • Green Indoor Air Qlty: No/Low VOC Paint/Finish, Ventilation
  • Green Water Conservation: Low-Flow Fixtures

Building Info

  • Builder Name: Ashton Woods

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 7 Months
  • Approval Process: See Community Docs
  • Num Timesper Year: 1
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See Community Docs

Tax Info

  • Tax Annual Amount: 808
  • Tax Block: 0
  • Tax Book Number: 78-89
  • Tax Lot: 88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2019
Closed on
May 16, 2019
Sold by
Ashton Orlando Residential Llc
Bought by
Parvardeh Hossein and Jalilzadeh Maryan
Seller's Agent
Lisa Stuart
Buyer's Agent
Brian Tarnecki
SUNCOAST TAMPA ASSOCIATION OF REALTORS
List Price
$296,914
Sold Price
$285,000
Premium/Discount to List
-$11,914
-4.01%
Current Estimated Value
$417,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,497
Avg. Annual Appreciation
6.11%
Original Mortgage
$270,750
Outstanding Balance
$237,072
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$180,425
Source: Public Records

Range of Values:

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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
Parvardeh Hossein $285,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parvardeh Hossein $270,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2019 05/16/19 Sold $285,000 -3.4% $166 / Sq Ft
04/07/2019 04/07/19 Pending -- -- --
04/02/2019 04/02/19 Price Changed $294,990 -1.3% $172 / Sq Ft
04/01/2019 04/01/19 Price Changed $298,809 +0.6% $174 / Sq Ft
01/30/2019 01/30/19 For Sale $296,914 -- $173 / 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 $3,656 $256,078 -- --
2023 $3,371 $248,619 $0 $0
2021 $3,240 $234,348 $45,000 $189,348
2020 $3,449 $245,246 $0 $0
2019 $799 $46,700 $0 $0
2018 $808 $46,700 $0 $0
2017 $821 $46,700 $0 $0
2016 $848 $46,700 $0 $0
2015 -- $29,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5760563

Stellar MLS

APN: 13-21-29-542-0000-0880