NOT LISTED FOR SALE

581 Sylvan Dr Winter Park, FL 32789

Estimated Value: $1,136,000 - $3,475,206

0.73 Acre
$3,665,390 Price per Acre
31,799 Sq Ft Lot

Last Sold August 31, 2021

Last sale price $2,800,000 $713 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $16,679/month

Highlights

  • Boathouse
  • 100 Feet of Waterfront
  • 0.73 Acre Lot
  • Winter Park High Rated A+
  • Lake View
  • No HOA

About This Lot

As of August 2021

This premier Winter Park lakefront property on Lake Osceola provides an opportunity to build on an absolutely incredible elevated lot of approximately 0.75 acres. It overlooks arguably the most beautiful, serene cove on the Chain of Lakes. Enjoy magnificent, long, picturesque sunset views while also being on an extremely private lot. The property is set up well to gate off the entrance with over 300 feet of depth, so the new home would be set back noticeably from the street. There are approximately 90 to 100 feet on the lake and majestic oaks and cypress trees on the property. The buyer can build about 10,000 square feet or more on this property. Boat to the downtown Winter Park area on one of only two lakes on the Chain of Lakes in City of Winter Park with no boat ramp. This is one of the quietest lakes in terms of boating activity, as boaters must go through canals to get to this lake.

Last Agent to Sell the Property

Mick Night

PREMIER SOTHEBY'S INTL. REALTY License #525290 Listed on: 08/25/2021

PREMIER SOTHEBY'S INTL. REALTY

Last Buyer's Agent

Miranda Cady

CADENCE LIFESTYLE REAL ESTATE License #3359424

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $21,592

Lot Details

  • 0.73 Acre Lot
  • 100 Feet of Waterfront
  • Lake Front
  • Property fronts a lake that is connected to a chain of lakes
  • East Facing Home
  • Irregular Lot
  • Property is zoned R-1AAA

Schools

  • Lakemont Elementary School
  • Maitland Middle School
  • Winter Park High School

Utilities

  • Underground Utilities
  • Cable TV Available

Additional Features

  • Chain Of Lake Views
  • City Lot

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 05-22-30-6452-00-224

Community Details

Overview

  • No Home Owners Association
  • Osceola Or Lakeview Deed Subdivision

Recreation

  • Access To Chain Of Lakes
  • Access To Lake
  • Water Skiing Allowed
  • Boathouse

Property Details

Property Type

Land

Est. Annual Taxes

$21,592

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.73
  • Lot Size Sq Ft: 31769
  • Directions to Property: From Park Avenue, E on Aloma to Sylvan Dr, turn left/North and property at end of street at turn onto Bryan Ave... on your left.
  • Status: Sold
  • Total Acreage: 1/2 to less than 1
  • Ratio: Close Price\List Price: 0.98246
  • Price per Sq Ft: 88.14
  • Close to Original List Price Ratio: 0.98246
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 581

Exterior Features

  • Direction Faces: East
  • Road Frontage Type: City Street
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Lake, Lake - Chain of Lakes
  • Water Access: Lake, Lake - Chain of Lakes
  • Water Extras: Boathouse, Dock w/Electric, Skiing Allowed
  • Water View Y N: Yes
  • Front Footage: 100
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 100
  • Water Frontage Feet Lake: 50
  • Water Frontage Feet Lake Chain: 50

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Public, Sewer Available, Street Lights, Underground Utilities, Water Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Lakemont Elem
  • High School: Winter Park High
  • Middle Or Junior School: Maitland Middle

Lot Info

  • Zoning: R-1AAA
  • Parcel Number: 05-22-30-6452-00-224
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: City Lot, Irregular Lot
  • Lot Dimensions: Irregular
  • Price Per Acre: 3835616
  • Flood Zone Code: AE

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 21592
  • Tax Block: 00
  • Tax Book Number: J-167
  • Tax Lot: 22

Multi Family

  • Waterfront Features: Lake, Lake - Chain of Lakes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2021
Closed on
Aug 31, 2021
Sold by
Garbe Udo and Garbe Angelika
Bought by
Eichenholz Jason Matthew and Eichenholz Jason Matthew
Seller's Agent
Mick Night
PREMIER SOTHEBY'S INTL. REALTY
Buyer's Agent
Miranda Cady
CADENCE LIFESTYLE REAL ESTATE
List Price
$2,850,000
Sold Price
$2,800,000
Premium/Discount to List
-$50,000
-1.75%
Current Estimated Value
$2,675,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$124,265
Avg. Annual Appreciation
-1.09%

Purchase Details

Closed on
Jul 10, 2013
Sold by
Park Avenue Development Of Winter Park L
Bought by
Garbe Udo and Garbe Angelika

Purchase Details

Closed on
Jan 31, 2002
Sold by
Michael D Spears I
Bought by
Park Avenue Dev Of Winter Park Lt

Purchase Details

Closed on
Sep 30, 1998
Sold by
Langley Marilyn J
Bought by
Spears Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
6.96%

Purchase Details

Closed on
Dec 9, 1993
Sold by
Heritage Acquisition Corp
Bought by
Freeman Henry D and Freeman Marilyn Langley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,200
Interest Rate
7.14%
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
Eichenholz Jason Matthew $2,800,000 Attorney
Garbe Udo -- None Available
Park Avenue Dev Of Winter Park Lt $1,393,000 --
Spears Michael D $958,000 --
Freeman Henry D $756,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spears Michael D $189,000
Previous Owner Freeman Henry D $529,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2021 08/31/21 Sold $2,800,000 -1.8% $713 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $2,850,000 -- $726 / 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
2025 $31,743 $1,816,000 $1,800,000 $16,000
2024 $42,817 $2,027,520 $1,800,000 $227,520
2023 $42,817 $2,778,268 $1,800,000 $978,268
2022 $38,505 $2,492,062 $1,800,000 $692,062
2021 $21,579 $1,407,507 $0 $0
2020 $20,771 $1,388,074 $0 $0
2019 $21,500 $1,356,866 $0 $0
2018 $21,402 $1,331,566 $0 $0
2017 $21,235 $2,130,410 $1,556,400 $574,010
2016 $20,812 $2,115,279 $1,556,400 $558,879
2015 $21,312 $1,860,119 $1,297,000 $563,119
2014 $21,499 $1,258,408 $780,000 $478,408
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5967990

Stellar MLS

APN: 05-2230-6452-00-224