NOT LISTED FOR SALE

608 Lugano Ct Sanford, FL 32771

Estimated Value: $206,000 - $405,000

0.57 Acre
$512,281 Price per Acre
24,829 Sq Ft Lot

Last Sold November 22, 2023

Last sale price $225,000

Est. 30% increase in value since last sale

Current estimated payment $1,770/month

1,517 Days on Market

Highlights

  • 202 Feet of Chain of Lakes Waterfront
  • Chain Of Lake Views
  • No HOA
  • Wilson Elementary School Rated A
  • 0.57 Acre Lot
  • Cul-De-Sac

About This Lot

As of November 2023

****BACK ON MARKET. WON’T LAST! **** Imagine building your dream home on a chain of lakes nestled between Lake Gary and Lake Don with full access to Lake Markham. This lot is located on a quiet cul-de-sac and offers spectacular breathtaking views of multiple lakes. This fantastic parcel is in the Lake Markham Estates area just a few miles behind Heathrow with absolutely no HOA. The location is perfect for any outdoor enthusiast or someone that appreciates lakefront living. The Seminole Wekiva Trail and Markham Reserve is about a mile away. You also are close to the Seminole Mall, great restaurants, and top schools. Explore this land for yourself and see why it's a great place to build your ideal home. Property lines in photos are approximate and used for illustrative purposes only. Buyer should verify.

Last Agent to Sell the Property

Andrew Pierson

GLOBAL LUXURY REALTY LLC Brokerage Phone: 305-968-9442 License #3360067 Listed on: 05/04/2019

GLOBAL LUXURY REALTY LLC

Last Buyer's Agent

Donald Fisk

MLSB THE BUREAU POWERED BY CAROM REALTY License #3569381

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,242

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 115x250
  • 202 Feet of Chain of Lakes Waterfront
  • Lake Front
  • Cul-De-Sac
  • West Facing Home
  • Irregular Lot
  • Property is zoned R-1A

Additional Features

  • Chain Of Lake Views
  • Septic Needed

Listing and Financial Details

  • Tax Lot 75
  • Assessor Parcel Number 27-19-29-501-0000-0750

Community Details

Overview

  • No Home Owners Association
  • Lake Markham Estates Subdivision

Recreation

  • Access To Chain Of Lakes

Property Details

Property Type

Land

Est. Annual Taxes

$1,242

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.57
  • Lot Size Sq Ft: 24852
  • Directions to Property: North on FL-417, exit 55C toward Heathrow, right onto International Pkwy, left onto Longwood Markham Rd, left onto Via Bonita St, right onto Lugano Ct, lot is on the right
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 169010590
  • RATIO Current Price By Calculate: 9.05
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 1
  • Tax Year: 2021
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 608

Exterior Features

  • Direction Faces: West
  • Water Body Name: LAKE GARY, LAKE DON
  • Waterfront: Yes
  • Disclosures: Seller Property Disclosure
  • Water Access: Lake - Chain of Lakes
  • Water Extras YN: 0
  • Water View: Lake - Chain of Lakes
  • Water View YN: 1
  • Waterfront Feet Total: 202
  • Flood Zone Date: 2007-09-28
  • Flood Zone Panel: 12117C0045F
  • Price Per Acre: 394737
  • Water Frontage Feet Lake Chain: 202

Utilities

  • Utilities: Electricity Available
  • Sewer: Septic Needed
  • Water Source: Canal/Lake For Irrigation

Condo/Co-op/Association

  • Association: No

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R-1A
  • Parcel Number: 27-19-29-501-0000-0750
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Cul-De-Sac, In County, Irregular Lot
  • Lot Dimensions: 115X250
  • Flood Zone Code: AE
  • Lot Size Square Meters: 2309
  • Current Adjacent Use: Residential

Tax Info

  • Tax Annual Amount: 1241.51
  • Tax Block: 0000
  • Tax Book Number: 11-61
  • Tax Lot: 75

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2019
Closed on
Nov 17, 2023
Sold by
Schmitz Eric and Opsal Kelley E
Bought by
Fisk Derek E and Fisk Heather Ann
Seller's Agent
Andrew Pierson
GLOBAL LUXURY REALTY LLC
Buyer's Agent
Donald Fisk
MLSB THE BUREAU POWERED BY CAROM REALTY
List Price
$249,000
Sold Price
$225,000
Premium/Discount to List
-$24,000
-9.64%
Current Estimated Value
$292,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,000
Avg. Annual Appreciation
14.96%
Original Mortgage
$665,950
Outstanding Balance
$655,882
Interest Rate
7.87%
Mortgage Type
Construction
Estimated Equity
-$363,882

Purchase Details

Closed on
Aug 14, 2023
Sold by
Schmitz Eric
Bought by
Schmitz Eric

Purchase Details

Closed on
Jul 1, 2005
Sold by
Patteson R Roderick
Bought by
Schmitz Eric and Vizurrago Kelley E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,650
Interest Rate
5.54%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 1, 2000
Bought by
Schmitz Eric

Purchase Details

Closed on
Aug 23, 1993
Sold by
Nix William J
Bought by
Patteson R Roderick

Purchase Details

Closed on
May 1, 1984
Bought by
Schmitz Eric
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
Fisk Derek E $225,000 Nona Title
Fisk Derek E $225,000 Nona Title
Schmitz Eric -- None Listed On Document
Schmitz Eric $185,000 First American Title Ins Co
Schmitz Eric $100 --
Patteson R Roderick $11,000 --
Schmitz Eric $17,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fisk Derek E $665,950
Closed Fisk Derek E $665,950
Previous Owner Schmitz Eric $164,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2023 11/22/23 Sold $225,000 -9.6% --
06/29/2023 06/29/23 Pending -- -- --
02/09/2022 02/09/22 For Sale $249,000 0.0% --
01/19/2022 01/19/22 Pending -- -- --
08/20/2021 08/20/21 For Sale $249,000 0.0% --
07/29/2021 07/29/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $249,000 0.0% --
04/27/2021 04/27/21 Pending -- -- --
04/07/2020 04/07/20 For Sale $249,000 +10.7% --
04/07/2020 04/07/20 Off Market $225,000 -- --
05/04/2019 05/04/19 For Sale $249,000 -- --
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 $2,658 $201,250 $201,250 --
2023 $1,820 $99,000 $0 $0
2021 $1,242 $90,000 $90,000 $0
2020 $1,252 $90,000 $0 $0
2019 $1,271 $90,000 $0 $0
2018 $1,289 $90,000 $0 $0
2017 $1,297 $88,000 $0 $0
2016 $1,213 $80,000 $0 $0
2015 $1,219 $80,000 $0 $0
2014 $1,219 $80,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5780535

Stellar MLS

APN: 27-19-29-501-0000-0750