$877,000
SOLD SEP 26, 2024

740 Preserve Terrace Lake Mary, FL 32746

4 Beds
3 Baths
2,682 Sq Ft
0.28 Acres

Recently Sold

$327 Per Sq Ft

3% Above List Price

2 Days on Market

Highlights

  • 75 Feet of Lake Waterfront
  • Golf Course Community
  • Gated Community
  • Heathrow Elementary School Rated A
  • Solar Heated In Ground Pool
  • Contemporary Architecture

About This Home

As of September 2024

This home, located in the golf course community of Heathrow, was custom built by Hillcrest Homes, noted for wonderful wood working. This 2,682-sf pool home has 4 bedrooms and 3 bathrooms and has one of the best waterfront and sunset views in Heathrow. Heathrow is a 24-hour man gated community and is home to Heathrow Country Club. Updates include a new kitchen and appliances, new pool pump, new garage door mechanisms, a new roof (2018), solar panels to heat the pool, designer electric fireplace and wall tile, pool and lanai pavers, outdoor kitchen, pool screen enclosure, plantation shutters, primary bath and closet renovation includes custom shelves, granite island, wood tile, walk-in shower, dual vanities and stone counters. Pool and lake views from almost every room in the house create a wonderful environment. A wall of sliders will bring the outside in and enhance your enjoyment of Lake Marietta. The 3-car oversized garage has epoxy flooring.
Heathrow offers playgrounds, basketball courts, baseball field, soccer field, walking paths and security guards. Join Heathrow Country Club and enjoy a wonderful golf course, fitness center, Olympic size pool, tennis courts and restaurants.
Heathrow is less than an hour away from New Smyrna and Daytona beaches, all major attractions, Dr. Phillips Performing Arts Center, major shopping, restaurants, Orlando International Airport and so much more. Property may have audio and video surveillance.

Last Agent to Sell the Property

Ed Abate

COLDWELL BANKER REALTY Brokerage Phone: 407-333-8088 License #3055976 Listed on: 08/28/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

Peggy McArdle Graef

ORLANDO FINE PROPERTIES LLC License #3028772

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,111

Year Built

  • Built in 1995

Lot Details

  • 0.28 Acre Lot
  • 75 Feet of Lake Waterfront
  • Lake Front
  • East Facing Home
  • Mature Landscaping
  • Irrigation
  • Property is zoned PUD

HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

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

Interior Spaces

  • 2,682 Sq Ft Home
  • 1-Story Property
  • Bar Fridge
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Shutters
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Solar Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Access To Lake
  • Screened Patio
  • Outdoor Kitchen
  • Rain Gutters

Location

  • Property is near a golf course

Schools

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

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, private road, security
  • Heathrow Lakes/ Terri Almaida Association, Phone Number (407) 333-0884
  • Visit Association Website
  • Heathrow Association
  • Built by Hillcrest Homes
  • Heathrow/Wyntree Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community

Recreation

  • Golf Course Community
  • Community Basketball Court
  • Community Playground
  • Park

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,111

Year Built

Built in 1995

Lot Details

0

HOA Fees

$232 per month

Parking

3

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Private Road, Security
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2682
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 1995
  • Building Area Total: 3890
  • Lot Size Sq Ft: 12195
  • Directions to Property: Take I-4 east to exit 98 and left on Lake Mary Blvd to Heathrow entrance. Go thru the gate to a left into Wyntree, then a right onto Preserve Terrace. Home is on the left.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Lake Mary
  • Escrow Postal Code: 32746
  • Escrow State: FL
  • Escrow Street Name: Townpark Ave
  • Escrow Street Number: 1145
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 1-2 Years
  • RATIO Current Price By Calculate: 326.99
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Dock,Fishing
  • Attribution Contact: 407-333-8088
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Bar Fridge, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Stories: 1
  • Window Features: Shutters
  • Street Number Modifier: 740
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 249.17
  • Room Count: 9

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite, Heated, In Ground, Solar Heat
  • Exterior Features: Irrigation System, Outdoor Kitchen, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • View: Water
  • Water Body Name: LAKE MARIETTA
  • Waterfront: Yes
  • Patio and Porch Features: Screened
  • Road Surface Type: Asphalt
  • Disclosures: Seller Property Disclosure
  • Water Access: Lake
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 75
  • Water Frontage Feet Lake: 75

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community - Guard, Golf Carts OK, Golf, Park, Playground, Sidewalks
  • Association Amenities: Basketball Court, Gated, Playground, Security
  • Association Fee: 259
  • Association Fee Frequency: Quarterly
  • Association Name: Heathrow Lakes/ Terri Almaida
  • Phone: 407-333-0884
  • Association: Yes
  • Security: Gated Community, Security System, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association #2 Fee: 438
  • Association #2 Fee Frequency: Quarterly
  • Association: Heathrow
  • Association 2 YN: 1
  • Association Approval Required YN: 0
  • Pet Restrictions: Buyer is responsible for verifying pet restrictions
  • Association Fee Requirement: Required
  • Association Email: Heathrowsubs@csbonline.com
  • Association URL: heathrowcommunity.com

Fee Information

  • Total Annual Fees: 2788.00
  • Total Monthly Fees: 232.33
  • Monthly HOA Amount: 86.33

Schools

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

Lot Info

  • Zoning: PUD
  • Parcel Number: 01-20-29-5MF-0000-0180
  • Additional Parcels: No
  • Lot Features: Near Golf Course, Sidewalk, Paved
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 1133

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Hillcrest Homes

Rental Info

  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Buyer is responsible for verifying leasing requirements

Tax Info

  • Tax Annual Amount: 6110.99
  • Tax Block: 0000
  • Tax Book Number: 47-84
  • Tax Lot: 18

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2024
Closed on
Sep 11, 2024
Sold by
Coyne Robert F and Coyne Heidi J
Bought by
Khoury Anthony and Khoury Zoe
Seller's Agent
Ed Abate
COLDWELL BANKER REALTY
Buyer's Agent
Peggy McArdle Graef
ORLANDO FINE PROPERTIES LLC
List Price
$850,000
Sold Price
$877,000
Premium/Discount to List
$27,000
3.18%
Views
59
Current Estimated Value
$859,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,157
Avg. Annual Appreciation
-2.71%

Purchase Details

Listed on
Sep 4, 2019
Closed on
Nov 26, 2019
Sold by
Haygood William Darren and Haygood Brooke Baker
Bought by
Coyne Robert F and Coyne Heidi J
Seller's Agent
Penney Lawrence
COLDWELL BANKER REALTY
Buyer's Agent
Cyndi Stein
WEMERT GROUP REALTY LLC
List Price
$589,000
Sold Price
$565,000
Premium/Discount to List
-$24,000
-4.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%
Original Mortgage
$423,750
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 6, 2013
Closed on
Mar 26, 2013
Sold by
Oetjen Reid and Oetjen Dawn
Bought by
Baker Haygood William Darren and Baker Haygood Brooke
Seller's Agent
Ed Fasula
COLDWELL BANKER REALTY
Buyer's Agent
Penney Lawrence
COLDWELL BANKER REALTY
List Price
$434,000
Sold Price
$420,000
Premium/Discount to List
-$14,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%
Original Mortgage
$382,573
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2005
Sold by
Chapman Anna Mae
Bought by
Oetjen Reid and Oetjen Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,100
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 11, 1996
Sold by
Hillcrest Homes & Dev Inc
Bought by
Chapman Anna Mae

Purchase Details

Closed on
Jan 31, 1995
Sold by
Heathrow Dev Assoc Ltd
Bought by
Hillcrest Homes & Dev Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,200
Interest Rate
9.14%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $877,000 Sunbelt Title
Warranty Deed $565,000 Legacy Title Group Llc
Warranty Deed $420,000 First American Title Insuran
Warranty Deed $500,000 First American Title Ins Co
Warranty Deed $327,500 --
Deed $84,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $423,750 New Conventional
Previous Owner $382,573 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $250,100 Fannie Mae Freddie Mac
Previous Owner $231,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2024 09/26/24 Sold $877,000 +3.2% $327 / Sq Ft
08/30/2024 08/30/24 Pending -- -- --
08/28/2024 08/28/24 For Sale $850,000 +50.4% $317 / Sq Ft
11/26/2019 11/26/19 Sold $565,000 -2.4% $211 / Sq Ft
10/11/2019 10/11/19 Pending -- -- --
10/01/2019 10/01/19 Price Changed $579,000 -1.7% $216 / Sq Ft
09/09/2019 09/09/19 For Sale $589,000 +4.2% $220 / Sq Ft
09/09/2019 09/09/19 Off Market $565,000 -- --
09/05/2019 09/05/19 Pending -- -- --
09/04/2019 09/04/19 For Sale $589,000 +40.2% $220 / Sq Ft
05/26/2015 05/26/15 Off Market $420,000 -- --
03/26/2013 03/26/13 Sold $420,000 -3.2% $157 / Sq Ft
02/08/2013 02/08/13 Pending -- -- --
02/06/2013 02/06/13 For Sale $434,000 -- $162 / 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 $6,255 $490,461 -- --
2023 $6,111 $476,176 $0 $0
2021 $5,887 $448,842 $120,000 $328,842
2020 $6,017 $454,943 $0 $0
2019 $5,494 $411,494 $0 $0
2018 $5,450 $403,821 $0 $0
2017 $5,480 $399,192 $0 $0
2016 $5,579 $393,718 $0 $0
2015 $6,002 $373,818 $0 $0
2014 $5,510 $354,848 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6233910

Stellar MLS

APN: 01-20-29-5MF-0000-0180