NOT LISTED FOR SALE

705 Preserve Terrace Lake Mary, FL 32746

Estimated Value: $787,000 - $834,000

4 Beds
3 Baths
2,819 Sq Ft
$287/Sq Ft Est. Value

Last Sold September 25, 2017

Last sale price $490,400 $174 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,049/month

2 Days on Market

Highlights

  • Golf Course Community
  • Screened Pool
  • Open Floorplan
  • Heathrow Elementary School Rated A
  • Gated Community
  • Deck

About This Home

As of September 2017

Move-In Ready, beautiful home at the end of a cul-de-sac. This custom built home offers an open layout with lots of light! This home features 4 Bedrooms and an Office. One of the bedrooms and baths is a private suite with a privacy door from the family room. The kitchen features stainless steel appliances, Granite Counters, an Island with wine rack, elegant tile backsplash, lots of 42” cabinets, under cabinet lighting, breakfast bar and breakfast nook. The main living areas have new wood floors and crown molding. The generously sized family room offers a gas fireplace and a wall of sliding doors that pocket leading out to the lanai. There is a large screened enclosed patio with swimming pool and NEW pool pump. The backyard is partially fenced, and the property is 1/3 Acre so there’s room for a swing set or play area beyond the fence. Other updates that have recently been added: Trane A/C system, Plumbing Pipes, Hot Water Heater, Pentair Pool Pump, Trane Wi-fi Remote Access Programmable Thermostat, Stainless Steel Appliances, fresh exterior and interior paint, and more! Shows like a model home!

Last Agent to Sell the Property

Cheryl Foutz

LAKES & LINKS INT'L REALTY Brokerage Phone: 407-330-1212 License #455536 Listed on: 08/17/2017

Last Buyer's Agent

Kelly Green

CHARLES RUTENBERG REALTY ORLANDO License #612226

CHARLES RUTENBERG REALTY ORLANDO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,153

Year Built

  • Built in 1996

Lot Details

  • 0.34 Acre Lot
  • Cul-De-Sac
  • Northwest Facing Home
  • Child Gate Fence
  • Mature Landscaping
  • Private Lot
  • Irrigation
  • Landscaped with Trees
  • Property is zoned PUD

HOA Fees

  • $164 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Florida Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,819 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room
  • Den
  • Inside Utility
  • Laundry in unit
  • Attic

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Range
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Screened Pool
  • In Ground Pool
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen

Schools

  • Heathrow Elementary School
  • Markham Woods Middle School

Utilities

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

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 01-20-29-5MF-0000-0080

Community Details

Overview

  • Association fees include security
  • Heathrow / Wyntree Subdivision
  • The community has rules related to deed restrictions
  • Planned Unit Development

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Park

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,153

Year Built

Built in 1996

Lot Details

0

HOA Fees

$164 per month

Parking

3

Listing Details

  • HOA Fee Includes: Security
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2819
  • Lot Size Acres: 0.34
  • New Construction: No
  • Year Built: 1996
  • Building Area Total: 3770
  • Lot Size Sq Ft: 14684
  • Directions to Property: Heathrow Blvd. to Wyntree. Left on Preserve.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • List Office Head Office Key Nume: 1041642
  • Minimum Lease: 6 Months
  • RATIO Current Price By Calculate: 173.96
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Planned Unit Development Yn: 1
  • Attribution Contact: 407-330-1212
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room, Gas
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 3
  • Interior Amenities: Attic, Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 705
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Attic,Den/Library/Office,Formal Dining Room Separate,Formal Living Room Separate,Inside Utility
  • Living Area Meters: 261.89
  • Room Count: 12

Exterior Features

  • Direction Faces: Northwest
  • Other Structures: Outdoor Kitchen
  • Pool Features: Child Safety Fence, Gunite, In Ground, Screen Enclosure
  • Exterior Features: Irrigation System, Outdoor Kitchen
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Fire Hydrant, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated, Golf, Park, Playground, PUD, Tennis Courts
  • Association Amenities: Gated, Park, Playground, Security, Tennis Court(s)
  • Association Fee: 492
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Gated Community, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1968.00
  • Total Monthly Fees: 164.00
  • Monthly HOA Amount: 164.00

Schools

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

Lot Info

  • Zoning: PUD
  • Parcel Number: 01-20-29-5MF-0000-0080
  • Additional Parcels: No
  • Fencing: Fenced
  • Lot Features: Cul-De-Sac, Paved, Private
  • Flood Zone Code: x
  • Homestead YN: 1
  • Zoning Compatible YN: 1

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 5153
  • Tax Block: 00
  • Tax Book Number: 47-84
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2017
Closed on
Sep 25, 2017
Sold by
Stuart Shawn J and Stuart Serena J
Bought by
Janmohamed Mohamedali A and Janmohamed Sajida
Seller's Agent
Cheryl Foutz
LAKES & LINKS INT'L REALTY
Buyer's Agent
Kelly Green
CHARLES RUTENBERG REALTY ORLANDO
List Price
$489,900
Sold Price
$490,400
Premium/Discount to List
$500
0.1%
Current Estimated Value
$810,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,846
Avg. Annual Appreciation
6.58%
Original Mortgage
$392,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2015
Sold by
Arendosh Michael R and Arendosh Rebecca A
Bought by
Stuart Shawn J and Stuart Serena J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,705
Interest Rate
4.11%
Mortgage Type
VA

Purchase Details

Listed on
Nov 14, 2012
Closed on
Jan 3, 2013
Sold by
Carrigan Thomas J and Carrigan Pamela J
Bought by
Arendosh Michael R and Arendosh Rebecca A
Seller's Agent
Michelle O'Callaghan
COLDWELL BANKER REALTY
Buyer's Agent
Amanda Miller
RE/MAX CENTRAL REALTY
List Price
$410,000
Sold Price
$397,225
Premium/Discount to List
-$12,775
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.82%
Original Mortgage
$357,502
Interest Rate
2.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2010
Sold by
Doeden Craig A and Doeden Bethany
Bought by
Carrigan Thomas J and Carrigan Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2005
Sold by
Hagelskamp John E and Hagelskamp Gina P
Bought by
Doeden Craig A and Doeden Bethany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.57%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 2, 1996
Sold by
Heathrow Dev Assoc Ltd
Bought by
Hagelskamp John E and Hagelskamp Gina P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.77%
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
Janmohamed Mohamedali A $490,400 Attorney
Stuart Shawn J $435,000 Sunbelt Title Agency
Arendosh Michael R $397,300 Sunbelt Title Agency
Carrigan Thomas J $410,000 Brokers Title Of Longwood I
Doeden Craig A $550,000 First American Title Ins Co
Hagelskamp John E $64,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Janmohamed Mohamedali A $2,057,000
Closed Janmohamed Mohamedali A $392,000
Previous Owner Stuart Shawn $450,934
Previous Owner Stuart Shawn J $444,705
Previous Owner Arendosh Michael R $357,502
Previous Owner Carrigan Thomas J $328,000
Previous Owner Doeden Craig A $440,000
Previous Owner Hagelskamp John E $200,000
Previous Owner Hagelskamp John E $207,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Off Market $490,400 -- --
09/25/2017 09/25/17 Sold $490,400 +0.1% $174 / Sq Ft
08/20/2017 08/20/17 Pending -- -- --
08/17/2017 08/17/17 For Sale $489,900 +23.3% $174 / Sq Ft
07/07/2014 07/07/14 Off Market $397,225 -- --
01/03/2013 01/03/13 Sold $397,225 -3.1% $141 / Sq Ft
11/27/2012 11/27/12 Pending -- -- --
11/14/2012 11/14/12 For Sale $410,000 -- $145 / 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 $5,644 $444,171 -- --
2023 $5,513 $431,234 $0 $0
2021 $5,303 $406,480 $0 $0
2020 $5,265 $400,868 $0 $0
2019 $5,217 $391,855 $0 $0
2018 $5,174 $384,549 $0 $0
2017 $5,062 $370,561 $0 $0
2016 $5,153 $365,480 $0 $0
2015 $4,548 $332,823 $0 $0
2014 $4,548 $330,182 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5531158

Stellar MLS

APN: 01-20-29-5MF-0000-0080