NOT LISTED FOR SALE

640 N Park Ave Unit 7 Winter Park, FL 32789

Estimated Value: $488,000 - $534,000

2 Beds
2 Baths
858 Sq Ft
$625/mo HOA Fee

Last Sold April 01, 2019

Last sale price $344,000 $401 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,942/month

3 Days on Market

Highlights

  • In Ground Pool
  • Golf Course View
  • Deck
  • Winter Park High Rated A+
  • 0.56 Acre Lot
  • 1-minute walk to Charles Morse Park

About This Home

As of April 2019

Have you been looking for an affordable Park Avenue condo with Million dollar views but without the million dollar price tag? Then pack your clothes and toothbrush! Overlooking the Winter Park Golf Course and steps to Park Avenue restaurants, boutiques and Central Park your new home is turnkey furnished! Stylishly updated with gorgeous granite counters and Samsung stainless steel appliances in the kitchen, crown molding, upgraded lighting and rich wood flooring. You even have your own private washer and dryer in this desirable first floor unit. Two large windows overlooking the golf course provide lots of natural light and gorgeous views. The association's amenities include a sparkling salt water pool, two sundecks on the 3rd floor, a rental apartment for your guests, a sunken garden, community room, designated storage closet for each unit and two laundry facilities. The building exterior was painted and water-proofed in 2017. The plumbing and electric panel were replaced in 2004-2005 and the water heater in 2006. Sorry – no pets, but you can enjoy others as you stroll down Park Avenue or sit in the park.

Last Agent to Sell the Property

Cheryl Geluso

RE/MAX ASSURED License #547922 Listed on: 03/08/2019

RE/MAX ASSURED

Last Buyer's Agent

Michael O'Shaughnessy

MICHAEL O'SHAUGHNESSY, INC. License #387743

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,832

Year Built

  • Built in 1956

Lot Details

  • West Facing Home
  • Mature Landscaping
  • Irrigation
  • Street paved with bricks
  • Condo Land Included

HOA Fees

  • $625 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Contemporary Architecture
  • Turnkey
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 858 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Golf Course Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Outdoor Storage
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Energy-Efficient Appliances
  • City Lot

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, sewer, trash, water
  • Amanda Lee/Sovereign & Jacobs Prop Mgmt Association, Phone Number (407) 960-4872
  • Visit Association Website
  • Park Aire Condo Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,832

Year Built

Built in 1956

Lot Details

0

HOA Fees

$625 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 858
  • Lot Size Acres: 0.56
  • New Construction: No
  • Year Built: 1956
  • Building Area Total: 858
  • Lot Size Sq Ft: 24593
  • Directions to Property: Park Ave between Swoope and Whipple, on right. Park on street. At top of stairs go to left. See attachments for condo drawing and location of parking spot and storage locker and condo docs and application.
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5762843&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5762843&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 1.01475
  • Price per Sq Ft: 400.93
  • Close to Original List Price Ratio: 1.01475
  • Ratio: Current Price\Building Area Total: 400.93
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 3
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 640
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Other Structures: Storage
  • Pool Features: In Ground
  • Exterior Features: Irrigation System, Storage
  • Roof: Membrane
  • Pool Private: No
  • View: Golf Course
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch
  • Road Surface Type: Street Brick
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 1209SC0255
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Underground
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Public, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association Amenities: Elevator(s), Laundry, Storage
  • Association Fee Frequency: Quarterly
  • Association Name: Amanda Lee/Sovereign & Jacobs Prop Mgmt
  • Phone: 407-960-4872
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 1874
  • Condo Fees Term: Quarterly
  • Association Website: www.sovereign-jacobs.com
  • Association Email: alee@sovereign-jacobs.com
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 625
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 7496
  • Total Monthly Fees: 624.67

Schools

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

Lot Info

  • Zoning: R-3
  • Parcel Number: 06-22-30-6651-00-070
  • Additional Parcels: No
  • Lot Features: City Lot, Sidewalk
  • Lot Dimensions: n/a
  • Millage Rate: 16.56
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Appliances

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: No
  • Minimum Lease: 3 Months
  • Approval Process: Application, background check ($100), 3 letters of recommendation.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See condo docs

Tax Info

  • Tax Annual Amount: 3832
  • Tax Block: 00
  • Tax Book Number: 15-146
  • Tax Lot: 70

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2019
Closed on
Apr 1, 2019
Sold by
Gross Margaret and Gross Margaret
Bought by
Karen Sue Diebel Revocable Trust
Seller's Agent
Cheryl Geluso
RE/MAX ASSURED
Buyer's Agent
Michael O'Shaughnessy
MICHAEL O'SHAUGHNESSY, INC.
List Price
$339,000
Sold Price
$344,000
Premium/Discount to List
$5,000
1.47%
Current Estimated Value
$516,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,477
Avg. Annual Appreciation
6.97%

Purchase Details

Closed on
Feb 9, 2015
Sold by
Campbell Reyburn W and Campbell Patricia H
Bought by
Gross Margaret and Margaret Gross Revocable Trust

Purchase Details

Closed on
Jun 1, 2001
Sold by
George M Miller M and Miller M Sabrina S
Bought by
Ackert T W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.11%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 11, 1998
Sold by
Breen Lawrence A and Breen Barbara B
Bought by
Miller George M and Miller Sabrina S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,975
Interest Rate
7.03%
Mortgage Type
New Conventional
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
Karen Sue Diebel Revocable Trust $344,000 City Title Services
Gross Margaret $260,000 All Pro Title Inc
Ackert T W $160,800 --
Miller George M $77,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller George M $40,000
Previous Owner Miller George M $40,000
Previous Owner Miller George M $20,250
Previous Owner Miller George M $69,975
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2019 04/01/19 Sold $344,000 0.0% $401 / Sq Ft
03/11/2019 03/11/19 Pending -- -- --
03/09/2019 03/09/19 Off Market $344,000 -- --
03/08/2019 03/08/19 For Sale $339,000 -- $395 / 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 $6,032 $348,500 -- $348,500
2024 $5,716 $402,042 -- --
2023 $5,716 $420,400 $84,080 $336,320
2022 $4,961 $347,500 $69,500 $278,000
2021 $4,331 $274,600 $54,920 $219,680
2020 $4,030 $261,700 $52,340 $209,360
2019 $3,989 $244,500 $48,900 $195,600
2018 $3,832 $231,700 $46,340 $185,360
2017 $3,528 $210,200 $42,040 $168,160
2016 $3,647 $217,100 $43,420 $173,680
2015 $1,796 $217,100 $43,420 $173,680
2014 $1,810 $183,000 $36,600 $146,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5762843

Stellar MLS

APN: 06-2230-6651-00-070