NOT LISTED FOR SALE

701 Preserve Terrace Lake Mary, FL 32746

Estimated Value: $704,000 - $782,000

4 Beds
3 Baths
2,456 Sq Ft
$300/Sq Ft Est. Value

Last Sold May 18, 2018

Last sale price $479,900 $195 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,205/month

4 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Golf Course Community
  • Screened Pool
  • Heathrow Elementary School Rated A
  • Fitness Center
  • Gated Community

About This Home

As of May 2018

WATER, WATER, WATER! Fantastic view of Lake Marietta from the main living areas!! Hillcrest built pool home with many lovely features throughout located on a quiet culdesac with gorgeous oak trees. Terrific floor plan featuring a formal living room and dining room and wood paneled office or 4th bedroom off foyer. The spacious kitchen has two pantries and granite counters and opens to the family room. The dinette area and family room each have wonderful lake views. The family room features a built-in entertainment center. The Master Bedroom has views of the lake, his and her closets, his and her vanities. There is a Garden Tub, and a walk-in shower that has recently been retiled with a new seamless shower door added. The two additional bedrooms share a bath. Pool bath with new seamless shower door. The covered lanai area is spacious with room for a living area and dining area. The back of the home is very private to enjoy the pool and views of the lake and sunsets! New Roof. Audio music system throughout including pool deck (amplifier and speaker distributor included.)

Last Agent to Sell the Property

Cheryl Foutz

LAKES & LINKS INT'L REALTY License #455536 Listed on: 04/12/2018

Last Buyer's Agent

Harif Hazera

PREMIER SOTHEBY'S INTL. REALTY License #3343835

PREMIER SOTHEBY'S INTL. REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,379

Year Built

  • Built in 1995

Lot Details

  • 0.37 Acre Lot
  • 50 Feet of Waterfront
  • Lake Front
  • North Facing Home
  • Irrigation
  • Landscaped with Trees

HOA Fees

  • $158 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Garage Door Opener
  • Open Parking

Home Design

  • Contemporary Architecture
  • Planned Development
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,456 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room
  • Den
  • Inside Utility
  • Laundry in unit
  • Attic

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Home Security

  • Security System Leased
  • Fire and Smoke Detector

Pool

  • Screened Pool
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Heathrow Elementary School
  • Markham Woods Middle School
  • Seminole High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Heathrow/Wyntree Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Park

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,379

Year Built

Built in 1995

Lot Details

0

HOA Fees

$158 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2456
  • Lot Size Acres: 0.37
  • New Construction: No
  • Year Built: 1995
  • Building Area Total: 3378
  • Lot Size Sq Ft: 16328
  • Directions to Property: Heathrow Blvd. to entrance of Wyntree. Left on Wyntree.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5700736&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5700736&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 5MF
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 195.4
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 142.07
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Yn: No
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 701
  • Room Count: 9
  • Additional Rooms: Attic, Den/Library/Office, Family Room, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Pool Features: Gunite, Screen Enclosure
  • Exterior Features: Irrigation System, Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • Water Body Name: Lake Marietta
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Water Extras: Boats - None Allowed
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: Yes
  • Waterfront Frontage: 50
  • Water Frontage Feet Lake: 50
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Parking Pad
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Sprinkler Meter, Street Lights
  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Gated Community, Golf, Park, Playground, Pool, Tennis Courts
  • Association Amenities: Gated, Park, Playground, Security
  • Association Fee: 474
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Gated Community, Security System Leased, Smoke Detector(s)
  • Senior Community: No
  • Amenities Additional Fees: Golf, Tennis, Swimming,& Social Memberships Available through the Country Club.
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 1896
  • Monthly HOA Fee: 158
  • Total Monthly Fees: 158

Schools

  • Elementary School: Heathrow Elementary
  • High School: Seminole High
  • Middle Or Junior School: Markham Woods Middle

Lot Info

  • Zoning: RES
  • Parcel Number: 01-20-29-5MF-0000-0090
  • Additional Parcels: No
  • Lot Features: Sidewalk
  • Lot Dimensions: x
  • Flood Zone Code: x
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 6 Months
  • Num Timesper Year: 1
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Verify lease restrictions with Sentry Management

Tax Info

  • Tax Annual Amount: 4379
  • Tax Block: 0000
  • Tax Book Number: 0047/0084
  • Tax Lot: 0090

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2018
Closed on
May 18, 2018
Sold by
Meier David
Bought by
Morvan Jason P and Morvan Stephanie C
Seller's Agent
Cheryl Foutz
LAKES & LINKS INT'L REALTY
Buyer's Agent
Harif Hazera
PREMIER SOTHEBY'S INTL. REALTY
List Price
$479,900
Sold Price
$479,900
Current Estimated Value
$738,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,351
Avg. Annual Appreciation
6.11%
Original Mortgage
$383,920
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2005
Sold by
Rodriguez Jose Nelson and Rodriguez Ruth Egen
Bought by
Meier David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
8.89%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 1, 2005
Bought by
Meier David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
8.89%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 18, 2002
Sold by
Carrino Joseph R and Carrino Corrine
Bought by
Rodriguez Jose Nelson and Rodriguez Ruth Egee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,500
Interest Rate
5%

Purchase Details

Closed on
Jun 1, 2001
Bought by
Meier David

Purchase Details

Closed on
Jun 19, 1995
Sold by
Heathrow Dev Assoc Ltd
Bought by
Peralta Jose and Peralta Awilda
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
Morvan Jason P $479,900 Attorney
Meier David -- First American Title Ins Co
Meier David $650,000 --
Rodriguez Jose Nelson $315,000 First American Title Ins Co
Meier David $310,000 --
Peralta Jose $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morvan Jason P $380,400
Closed Morvan Jason P $383,920
Previous Owner Meir Jeremy J $50,000
Previous Owner Meier David $585,000
Previous Owner Lapera Jose $25,000
Previous Owner Carrino Joseph R $220,000
Previous Owner Rodriguez Jose Nelson $275,500
Previous Owner Carrino Joseph R $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2018 05/18/18 Sold $479,900 0.0% $195 / Sq Ft
04/16/2018 04/16/18 Pending -- -- --
04/12/2018 04/12/18 For Sale $479,900 -- $195 / 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
2024 $305 $429,284 -- --
2023 $305 $416,781 $0 $0
2021 $240 $392,856 $120,000 $272,856
2020 $235 $389,818 $0 $0
2019 $235 $381,054 $0 $0
2018 $4,401 $330,574 $0 $0
2017 $4,379 $323,775 $0 $0
2016 $4,459 $319,336 $0 $0
2015 $4,514 $314,912 $0 $0
2014 $4,272 $312,413 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5700736

Stellar MLS

APN: 01-20-29-5MF-0000-0090