NOT LISTED FOR SALE

Estimated Value: $1,310,610 - $1,538,000

5 Beds
5.5 Baths
4,437 Sq Ft
$321/Sq Ft Est. Value

Last Sold March 23, 2012

Last sale price $555,000 $125 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $8,997/month

97 Days on Market

Highlights

  • Private Pool
  • Gated Community
  • Mediterranean Architecture
  • Dr. Phillips High School Rated A-
  • Wood Flooring
  • Corner Lot

About This Home

As of March 2012

BANK OWNED property in great condition, freshly painted, new carpet, and all appliances included. This is one of a kind property in one of the most sought after areas in Orlando. This secluded and upscale Dr. Phillips gated community is convenientlylocated only two miles away from Restaurants, shopping centers and still very close to Disney and other attractions and of course a very important detail... has rated A schools for your childrens to enjoy.

Last Agent to Sell the Property

Carmen Gonzalez, Pa

HORIZON WEST REALTY License #3054225 Listed on: 12/08/2011

Last Buyer's Agent

Jeff Agar

PERLMAN & ASSOCIATES License #3226927

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,017

Year Built

  • Built in 2001

Lot Details

  • 0.32 Acre Lot
  • Corner Lot
  • Property is zoned R-1AA

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Oversized Parking
  • Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,437 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Inside Utility
  • Attic Ventilator

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Intercom
  • Fire and Smoke Detector

Pool

  • Private Pool
  • Spa

Schools

  • Palm Lake Elementary School
  • Chain Of Lakes Middle School
  • Dr. Phillips High School

Utilities

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

Listing and Financial Details

  • Tax Lot 300
  • Assessor Parcel Number 22-23-28-6529-00-300

Community Details

Overview

  • Palm Lake Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,017

Year Built

Built in 2001

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 4437
  • Lot Size Acres: 0.32
  • New Construction: No
  • Year Built: 2001
  • Building Area Total: 5607
  • Lot Size Sq Ft: 14086
  • Directions to Property: From Sand Lake Rd. go West to Apopka-Vineland Rd. Drive North for about 2 miles, then Right on Palm Lake Drive, Left into Palm Lake Subdivision.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1050580
  • RATIO Current Price By Calculate: 125.08
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Tax Year: 2011
  • Special Features: RealEstateOwned

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Attic Ventilator, Ceiling Fans(s), Central Vaccum, Crown Molding, Intercom
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Spa Yn: Yes
  • Window Features: Blinds
  • Street Number Modifier: 8618
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Room Count: 11

Exterior Features

  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • Waterfront: No
  • Water Extras YN: 0
  • Water View YN: 0

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Oversized

Utilities

  • Utilities: Cable Available, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated
  • Association Amenities: Gated
  • Association Fee: 100
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Gated Community, Security System Owned, Smoke Detector(s)
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1200.00
  • Total Monthly Fees: 100.00

Schools

  • Elementary School: Palm Lake Elem
  • High School: Dr. Phillips High
  • Middle Or Junior School: Chain of Lakes Middle

Lot Info

  • Zoning: R-1AA
  • Parcel Number: 22-23-28-6529-00-300
  • Additional Parcels: No
  • Lot Features: Corner Lot, Sidewalk, Paved
  • Homestead YN: 0
  • Future Land Use: 0100

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2012-03-23T00:00:00.000

Tax Info

  • Tax Annual Amount: 10017
  • Tax Block: 00
  • Tax Book Number: 0033/0083
  • Tax Lot: 300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2011
Closed on
Mar 23, 2012
Sold by
Regions Bank
Bought by
Lenz Frederick
Seller's Agent
Carmen Gonzalez, Pa
HORIZON WEST REALTY
Buyer's Agent
Jeff Agar
PERLMAN & ASSOCIATES
List Price
$555,000
Sold Price
$555,000
Total Days on Market
97
Current Estimated Value
$1,424,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$869,403
Avg. Annual Appreciation
7.57%

Purchase Details

Closed on
Mar 23, 2011
Sold by
Raad Mat T and Case #2009-Ca-015355-O
Bought by
Regions Bank and Regions Mortgage & Regions Bank

Purchase Details

Closed on
Nov 9, 2001
Sold by
Raadcorp Inc C
Bought by
Raad Mat T and Raad Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2000
Sold by
Wemyss David and Wemyss Jean B
Bought by
Raadcorp Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
8.12%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 6, 1996
Sold by
David Wemyss Custom Homes Inc
Bought by
Wemyss David A and Wemyss Jean B
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 Buyer Sale Price Title Company
Lenz Frederick $555,000 Equitable Title Of Celebr
Regions Bank $500,000 Attorney
Raad Mat T $271,100 --
Raadcorp Inc $62,000 --
Wemyss David A $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Raad Mat T $417,001
Previous Owner Wemyss David A $405,000
Previous Owner Wemyss David A $182,670
Previous Owner Wemyss David A $400,000
Previous Owner Wemyss David A $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2014 07/07/14 Off Market $555,000 -- --
03/23/2012 03/23/12 Sold $555,000 0.0% $125 / Sq Ft
03/15/2012 03/15/12 Pending -- -- --
12/08/2011 12/08/11 For Sale $555,000 -- $125 / 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 $11,085 $728,253 -- --
2024 $10,331 $728,253 -- --
2023 $10,331 $687,116 $0 $0
2022 $10,017 $667,103 $0 $0
2021 $9,893 $647,673 $125,000 $522,673
2020 $9,457 $640,334 $0 $0
2019 $9,764 $625,937 $0 $0
2018 $9,695 $614,266 $0 $0
2017 $9,576 $632,419 $125,000 $507,419
2016 $9,554 $618,944 $125,000 $493,944
2015 $9,725 $587,174 $93,000 $494,174
2014 $9,802 $540,013 $93,000 $447,013
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5076508

Stellar MLS

APN: 22-2328-6529-00-300