NOT LISTED FOR SALE

618 S Laurel Ave Sanford, FL 32771

Estimated Value: $366,000 - $411,273

4 Beds
2 Baths
1,860 Sq Ft
$212/Sq Ft Est. Value

Last Sold October 24, 2022

Last sale price $375,000 $202 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,548/month

6 Days on Market

Highlights

  • Guest House
  • Corner Lot
  • No HOA
  • Seminole High School Rated A
  • Furnished
  • 4-minute walk to Paw Park of Historic Sanford

About This Home

As of October 2022

***This property is an active AIRBNB, and the in-law suite/studio in the back is a long-term rental unit that is currently tenant occupied.

For sale is a Beautiful Cozy Bungalow, fully furnished, one block away from Historic Sanford. You’ll love how close it is to EVERYTHING. It is within walking distance to the popular Historic Sanford downtown area full of restaurants and bars! Also a block away from a church frequently used for weddings.

The main house is a 3 bedroom 1 bath house with a laundry area and a small garage that can be used for storage. The main house is fully furnished, turnkey, and move-in ready or continue to rent it on Airbnb. The detached In-law suite/studio in the back of the property has a bathroom and full kitchen.

Live in the front house and help pay your mortgage by renting the studio. Or you can list the main house on Airbnb and rent the studio to a long-term tenant; that way, you have the best of both worlds!

Airbnb income is $3,000-$4000 per month, depending on the season, and the Studio is rented out at $1200 per month. The potential is limitless! Great for a new or experienced investor.

***This is a fully operational Airbnb so if you intend to keep it as an Airbnb, you can simply takeover, and transfer ALL current services (cleaning service, lawn service, pest control, etc).

Last Agent to Sell the Property

Stephen Hachey

FLAT FEE MLS REALTY License #3389117 Listed on: 09/20/2022

Last Buyer's Agent

Amanda Miller

RE/MAX CENTRAL REALTY License #603218

RE/MAX CENTRAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,680

Year Built

  • Built in 1910

Lot Details

  • 5,445 Sq Ft Lot
  • Lot Dimensions are 21x117
  • East Facing Home
  • Corner Lot
  • Land Lease expires 2/28/23
  • Property is zoned GC2

Parking

  • 1 Car Attached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,860 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Crawl Space

Kitchen

  • Range
  • Microwave

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer

Utilities

  • Mini Split Air Conditioners
  • Central Heating
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Front Porch
  • Guest House

Community Details

  • No Home Owners Association
  • Sanford Town Of Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,680

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Vinyl Siding, Wood Frame
  • Fireplace: No
  • Living Area: 1860
  • Lot Size Acres: 0.13
  • New Construction: No
  • Year Built: 1910
  • Building Area Total: 1860
  • Lot Size Sq Ft: 5445
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3402118?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3402118?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 201.61
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 201.61
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Concrete
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Window Treatments
  • Appliances Included: Dryer, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Crawlspace
  • Total Bedrooms: 4
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Drapes
  • Room Count: 10
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Other Structures: Guest House
  • Exterior Features: Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Front Porch, Side Porch
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway, On Street
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Public, Water Available
  • Cooling: Mini-Split Unit(s)
  • Heating: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: GC2
  • Parcel Number: 25-19-30-5AG-0808-005A
  • Additional Parcels: No
  • Lot Features: Corner Lot, Sidewalk
  • Lot Dimensions: 21x117
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • Land Lease Expiration Date: 2023-02-28
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Currency Monthly Rent Amt: 1200
  • Month To Month Or Weekly Y N: Yes

Tax Info

  • Tax Annual Amount: 3679.54
  • Tax Block: 8
  • Tax Book Number: 1-62
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2022
Closed on
Oct 21, 2022
Sold by
Novak Myra
Bought by
Brown Thomas and Brown Amy K
Seller's Agent
Stephen Hachey
FLAT FEE MLS REALTY
Buyer's Agent
Amanda Miller
RE/MAX CENTRAL REALTY
List Price
$375,000
Sold Price
$375,000
Views
5
Current Estimated Value
$394,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,068
Avg. Annual Appreciation
1.66%
Original Mortgage
$281,250
Outstanding Balance
$271,827
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$122,241

Purchase Details

Closed on
Jul 10, 2020
Sold by
D & K Building Services Llc
Bought by
Novak Myra and Rivera Alena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2017
Sold by
Detrick Joseph S and Detrick Judy G
Bought by
D K Building Services Llc

Purchase Details

Listed on
May 26, 2012
Closed on
May 2, 2012
Sold by
J L P Property Services Llc
Bought by
Detrick Joseph S and Detrick Judy Gail
Seller's Agent
Karen Arbutine
RE/MAX CENTRAL REALTY
Buyer's Agent
Karen Arbutine
RE/MAX CENTRAL REALTY
Sold Price
$55,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.80%

Purchase Details

Closed on
Apr 1, 2011
Sold by
618 South Laurel Avenue Llc
Bought by
J L P Property Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2010
Sold by
Walker Agnes R and Hall Mary E
Bought by
618 South Laurel Avenue Llc

Purchase Details

Closed on
Jun 1, 2010
Bought by
Detrick Joseph S and Detrick Judy G

Purchase Details

Closed on
Jan 19, 2009
Sold by
Little Edith M and Little Randy A
Bought by
Hall Mary E

Purchase Details

Closed on
Jan 1, 2009
Bought by
Detrick Joseph S and Detrick Judy G

Purchase Details

Closed on
Dec 1, 1996
Bought by
Detrick Joseph S and Detrick Judy G
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
Brown Thomas $375,000 --
Novak Myra $225,000 Southeast Professional Ttl L
D K Building Services Llc $110,000 First Signature Title Inc
Detrick Joseph S $55,000 Brokers Title Of Longwood I
J L P Property Services Llc $60,000 Attorney
618 South Laurel Avenue Llc -- Southeast Professional Title
Detrick Joseph S $40,000 --
Hall Mary E -- Attorney
Detrick Joseph S $100 --
Detrick Joseph S $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Thomas $281,250
Previous Owner Novak Myra $213,750
Previous Owner J L P Property Services Llc $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2022 10/24/22 Sold $375,000 0.0% $202 / Sq Ft
09/27/2022 09/27/22 Pending -- -- --
09/20/2022 09/20/22 For Sale $375,000 +581.8% $202 / Sq Ft
05/31/2012 05/31/12 Sold $55,000 -- $38 / Sq Ft View Prior Sale
05/26/2012 05/26/12 Pending -- -- --
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 $5,820 $329,582 $115,611 $213,971
2023 $5,416 $305,003 $101,322 $203,681
2021 $3,680 $201,685 $57,156 $144,529
2020 $2,177 $126,335 $0 $0
2019 $2,008 $115,482 $0 $0
2018 $1,782 $94,937 $0 $0
2017 $1,386 $65,293 $0 $0
2016 $1,190 $60,376 $0 $0
2015 $1,060 $54,366 $0 $0
2014 $1,060 $53,233 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3402118

Stellar MLS

APN: 25-19-30-5AG-0808-005A