NOT LISTED FOR SALE

701 Driver Ave Winter Park, FL 32789

Estimated Value: $993,000 - $3,470,521

14 Beds
8.5 Baths
7,374 Sq Ft
$332/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $545,651 $74 Per Sq Ft

Est. 373% increase in value since last sale

Current estimated payment $14,587/month

881 Days on Market

Highlights

  • Lake Front
  • Boat Slip Deeded
  • Open Floorplan
  • Princeton Elementary School Rated A-
  • 2.83 Acre Lot
  • Property is near public transit

About This Home

As of May 2013

"Short Sale" ~ AZALEA IN THE WOOD ~ A nationally recognized, 1927 Mediterranean Revival home is conveniently located on Little Lake Fairview.The setting boasts ancient pines and gracious oaks surrounded by azaleas,camellias and palms. The best ofFloridaliving. The orginial wooden front door with its "speak-easy" window opens to a Sir Christopher Wren-style living room and a striking,wrought-iron "heart and diamond" staircase featuring a mezzanine level landing.The french doors lakeside lead to aconfortable, arched screened porch overlooking an acre of lawn leading to the private ski lake.Fish from the dock,listen to the wind in the pines and enjoy the spectacular Florida sunsets.Upstairs the main house has a generous master suite with its unique bathroom and summer porch,two bedrooms with one bath.Downstairs,the south wing has a bedroom and bath with its own entrance from the portcochere.A small staircase leads from the mezzanine to the kitchen wing where there is a generous kitchen space and two bedrooms and a bath with their own entrance.An eight bedroom and four bath northwest wing curves around a central patio with outstanding views of the Florida sunset over Little Lake Fairview. There are two mother-in-law apartments currently housed in this wingtheir own,private entrance.This handsome home is situated on 2.83 acres close to 1-4, minutes from Park Avenue or College Park and is part of the original Dubsdread Golf community established in the 1920's SCULPTURE NOT INCLUDED IN SALE.

Last Agent to Sell the Property

peggy amos

FANNIE HILLMAN & ASSOCIATES License #547206 Listed on: 02/23/2010

FANNIE HILLMAN & ASSOCIATES

Last Buyer's Agent

Melissa Dancaescu

BREC PROPERTIES INC License #3245965

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 2.83 Acre Lot
  • Lake Front
  • East Facing Home
  • Oversized Lot
  • Additional Parcels
  • Historic Home
  • Property is zoned R-1A

Parking

  • Portico

Home Design

  • Mediterranean Architecture
  • Bi-Level Home
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 7,374 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Storage Room
  • Laundry in Hall
  • Inside Utility
  • Lake Views
  • Fire and Smoke Detector
  • Attic
  • Basement

Kitchen

  • Eat-In Kitchen
  • Stone Countertops

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 14 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite

Outdoor Features

  • Access To Lake
  • Water Skiing Allowed
  • Boat Slip Deeded

Schools

  • Killarney Elementary School
  • College Park Middle School
  • Edgewater High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Handicap Modified
  • Reclaimed Water Irrigation System
  • Property is near public transit

Community Details

  • No Home Owners Association
  • Dubsdread Hgts Subdivision

Listing and Financial Details

  • Legal Lot and Block 080 / 04
  • Assessor Parcel Number 11-22-29-2248-04-080

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Historic, Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 7374
  • Lot Size Acres: 2.83
  • New Construction: No
  • Year Built: 1927
  • Accessibility Features: Handicap Modified
  • Building Area Total: 8260
  • Lot Size Sq Ft: 123331
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Appraiser
  • RATIO Current Price By Calculate: 74.00
  • Total Acreage: 2 to less than 5
  • Water Access YN: 1
  • Tax Year: 2011
  • Special Features: 4108

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Vinyl, Wood
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Interior Amenities: Attic, Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Open Floorplan, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Gas Water Heater
  • Foundation Details: Basement
  • Total Bedrooms: 14
  • Levels: Two
  • ResoLivingAreaSource: Appraiser
  • Additional Rooms: Attic,Bonus Room,Formal Dining Room Separate,Formal Living Room Separate,Foyer,Inside Utility,Interior In-Law Apartment,Interior In-Law Suite,Storage Rooms

Exterior Features

  • Direction Faces: East
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: LITTLE LAKE FAIRVIEW
  • Waterfront: Yes
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Access: Lake
  • Water Extras: Dock - Slip Deeded On-Site,Skiing Allowed
  • Water View: Lake
  • Water View YN: 1

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None, Portico

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Sprinkler Recycled, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Corridor Access, Inside
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Association Fee Requirement: None

Schools

  • Elementary School: Killarney Elem
  • High School: Edgewater High
  • Middle Or Junior School: College Park Middle

Lot Info

  • Zoning: R-1A
  • Parcel Number: 11-22-29-2248-04-080
  • Additional Parcels: Yes
  • Lot Features: In County, Near Public Transit, Oversized Lot, Paved
  • Future Land Use: 0130

Rental Info

  • Expected Lease Date: 2013-05-31T00:00:00.000

Tax Info

  • Tax Annual Amount: 17965
  • Tax Block: 04
  • Tax Book Number: 000J/0115
  • Tax Lot: 080

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2010
Closed on
May 21, 2013
Sold by
Harris Joseph Edward and Christmas Cindy Lee
Bought by
Dancaescu Victor and Dancaescu Melissa
Seller's Agent
peggy amos
FANNIE HILLMAN & ASSOCIATES
Buyer's Agent
Melissa Dancaescu
BREC PROPERTIES INC
List Price
$750,000
Sold Price
$545,651
Premium/Discount to List
-$204,349
-27.25%
Current Estimated Value
$2,579,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,033,548
Avg. Annual Appreciation
12.65%

Purchase Details

Closed on
Jul 27, 1998
Sold by
Thilmony Mathew F and Thilmony Karin T
Bought by
Harris Joseph E and Christmas Cindy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 1998
Sold by
Shareaconcept Inc
Bought by
Thilmony Matthew F and Thilmony Karin T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,569
Interest Rate
7.03%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dancaescu Victor $545,700 Dominion Title Company
Harris Joseph E $470,000 --
Thilmony Matthew F $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thilmony Matthew F $857,500
Previous Owner Thilmony Matthew F $470,000
Previous Owner Thilmony Matthew F $395,569
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2015 05/26/15 Off Market $545,651 -- --
05/31/2013 05/31/13 Sold $545,651 -27.2% $74 / Sq Ft
07/24/2012 07/24/12 Pending -- -- --
02/23/2010 02/23/10 For Sale $750,000 -- $102 / 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 $13,354 $871,857 -- --
2024 $12,459 $847,286 -- --
2023 $12,459 $799,424 $0 $0
2022 $12,093 $776,140 $0 $0
2021 $11,936 $753,534 $0 $0
2020 $11,374 $743,130 $0 $0
2019 $11,743 $726,422 $0 $0
2018 $11,652 $712,877 $0 $0
2017 $11,038 $842,446 $315,000 $527,446
2016 $11,013 $761,919 $290,000 $471,919
2015 $10,639 $734,056 $240,000 $494,056
2014 $8,970 $519,669 $238,900 $280,769
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O4964562

Stellar MLS

APN: 11-2229-2248-04-080