NOT LISTED FOR SALE

858 Palmetto Terrace Oviedo, FL 32765

Estimated Value: $521,199 - $572,000

4 Beds
3.5 Baths
2,250 Sq Ft
$244/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $396,000 $176 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,357/month

6 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Separate Formal Living Room
  • Lawton Elementary School Rated A
  • Attic
  • Corner Lot

About This Home

As of September 2021

Great opportunity to own in the heart of Oviedo! This four bedroom, three bathroom home sits on a corner lot with mature landscaping within the Meadowcrest community. Inside this well maintained home you will be impressed with the open three way split floor plan. A nice foyer opens to a separate living and dining area. The kitchen is equipped with all appliances and features granite counters and white cabinets and overlooks the expansive family room with a wood burning fireplace. Spacious owner's bedroom leads to a nice screened lanai. Two additional bedrooms share a bath and the third bedroom is adjacent to a bathroom that leads to the back yard, ideal for a pool bath. This home is minutes to shopping, restaurants, parks, schools, UCF, Siemens, Valencia College and the 417. Don't miss out on this home priced under $400,000 in Oviedo! call today for a private showing.

Last Agent to Sell the Property

Michael Morris

COLDWELL BANKER RESIDENTIAL RE License #3066045 Listed on: 08/18/2021

COLDWELL BANKER RESIDENTIAL RE

Last Buyer's Agent

Vera Gonsalves

License #618697

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,103

Year Built

  • Built in 1999

Lot Details

  • 0.3 Acre Lot
  • East Facing Home
  • Mature Landscaping
  • Corner Lot
  • Landscaped with Trees
  • Property is zoned R-1A

HOA Fees

  • $23 Monthly HOA Fees

Parking

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

Home Design

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

Interior Spaces

  • 2,250 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Tray Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room
  • Inside Utility
  • Laundry Room
  • Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Screened Patio
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Meadows At Oviedo Homeowners Association
  • Meadowcrest Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,103

Year Built

Built in 1999

Lot Details

0

HOA Fees

$23 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2250
  • Lot Size Acres: 0.3
  • New Construction: No
  • Year Built: 1999
  • Building Area Total: 3004
  • Lot Size Sq Ft: 13128
  • Directions to Property: From FL 434 E turn left onto Hammock Ln. Turn right onto Florida Ave. Turn right onto Lake Charm Drive. Turn left onto Palmetto St. Turn left onto Palmetto Terrace
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5966567?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5966567?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.99248
  • Price per Sq Ft: 176
  • Close to Original List Price Ratio: 0.99248
  • Ratio: Current Price\Building Area Total: 131.82
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Open Floorplan, Stone Counters, Tray Ceiling(s)
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 858
  • Room Count: 13
  • Additional Rooms: Attic, Family Room, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility

Exterior Features

  • Direction Faces: East
  • Exterior Features: Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Front Porch, Patio, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12117C0190F
  • Disclosures: HOA/PUD/Condo Disclosure, Other, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Fire Hydrant, Public, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Public
  • Number Of Septics: 1
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 70
  • Association Fee Frequency: Quarterly
  • Association Name: Meadows at Oviedo Homeowners
  • Phone: Steve Barnhardt
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 280
  • Monthly HOA Fee: 23.33
  • Total Monthly Fees: 23.33

Lot Info

  • Zoning: R-1A
  • Parcel Number: 10-21-31-527-0000-0260
  • Additional Parcels: No
  • Lot Features: Corner Lot, In County, Sidewalk
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Flood Zone Date: 2007-09-28
  • Zoning Compatible Y N: Yes

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: No Rent
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: PER HOA RESTRICTIONS, OWNER OCCUPANT ONLY, NO RENTALS

Tax Info

  • Tax Annual Amount: 5103
  • Tax Block: 0000
  • Tax Book Number: 47-19
  • Tax Lot: 260

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Sep 24, 2021
Sold by
Hpa Borrower 2018 1 Llc
Bought by
Blackett Anthony Hayden
Seller's Agent
Michael Morris
COLDWELL BANKER RESIDENTIAL RE
Buyer's Agent
Vera Gonsalves
List Price
$399,000
Sold Price
$396,000
Premium/Discount to List
-$3,000
-0.75%
Current Estimated Value
$548,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,550
Avg. Annual Appreciation
8.67%
Original Mortgage
$376,200
Outstanding Balance
$343,803
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$204,747

Purchase Details

Closed on
Dec 15, 2017
Sold by
Coppola Donald J and Coppola Melissa A
Bought by
Schmitt Brooke C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
3.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 4, 2016
Sold by
Hp Florida I Llc
Bought by
Hpa Borrower 2016 & 1 Llc

Purchase Details

Closed on
Aug 28, 2015
Sold by
Hemmelgarn Gerald H and Hemmelgarn Barbara A
Bought by
Hp Florida I Llc

Purchase Details

Closed on
Jul 7, 1999
Sold by
Beazer Homes Corp
Bought by
Hemmelgarn Barbara A and Hemmelgarn Gerald H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,800
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1997
Bought by
Hpa Borrower 2016-1 Llc

Purchase Details

Closed on
May 1, 1997
Bought by
Hpa Borrower 2016-1 Llc
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
Blackett Anthony Hayden $396,000 Realtech Title Llc
Schmitt Brooke C $75,000 None Available
Hpa Borrower 2016 & 1 Llc -- Stewart Title
Hp Florida I Llc $302,000 Stewart Title Company
Hemmelgarn Barbara A $169,800 --
Hpa Borrower 2016-1 Llc $7,800,000 --
Hpa Borrower 2016-1 Llc $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blackett Anthony Hayden $376,200
Previous Owner Schmitt Brooke C $35,000
Previous Owner Hemmelgarn Barbara A $144,970
Previous Owner Hemmelgarn Barbara A $35,000
Previous Owner Hemmelgarn Barbara A $135,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2021 09/27/21 Sold $396,000 -0.8% $176 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $399,000 0.0% $177 / Sq Ft
03/26/2018 03/26/18 Rented $2,245 0.0% --
02/27/2018 02/27/18 For Rent $2,245 -- --
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 $4,141 $289,567 -- --
2023 $3,889 $281,133 $0 $0
2021 $5,596 $338,693 $0 $0
2020 $5,103 $307,903 $0 $0
2019 $5,087 $302,973 $0 $0
2018 $4,832 $284,241 $0 $0
2017 $4,823 $283,730 $0 $0
2016 $4,644 $266,232 $0 $0
2015 $2,440 $172,570 $0 $0
2014 $2,426 $171,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5966567

Stellar MLS

APN: 10-21-31-527-0000-0260