NOT LISTED FOR SALE

8906 University Blvd Orlando, FL 32817

Estimated Value: $494,878

2.64 Acres
$187,454 Price per Acre
114,998 Sq Ft Lot

Last Sold May 28, 2018

Last sale price $305,500

Est. 62% increase in value since last sale

Current estimated payment $2,989/month

407 Days on Market

Highlights

  • 160 Feet of Waterfront
  • Lake View
  • No HOA
  • Winter Park High Rated A+
  • 2.64 Acre Lot
  • Partially Fenced Property

About This Lot

As of May 2018

Build your dream home on a ski lake! This property is just under 2 acres with over 150 feet of lake frontage. There is no HOA. This property is on Lake Irma which is a ski lake and has a slalom course. The land is cleared and ready to build! The lot next door was appraised in September 2017 for $400,000 and is smaller with less lake frontage.

Last Agent to Sell the Property

Thomas Weclew

THE REALTY MEDICS License #3062263 Listed on: 03/06/2017

Last Buyer's Agent

Elaine Masood

HEARTFELT REALTY HOMETEAM License #3123616

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,037

Lot Details

  • 2.64 Acre Lot
  • Lot Dimensions are 925x241x406
  • 160 Feet of Waterfront
  • Lake Front
  • North Facing Home
  • Partially Fenced Property
  • Wood Fence
  • Chain Link Fence
  • Cleared Lot
  • Property is zoned R-1AA

Property Views

  • Lake Views

Listing and Financial Details

  • Legal Lot and Block 38 / 4948
  • Assessor Parcel Number 01-22-30-4948-00-382

Community Details

Overview

  • No Home Owners Association
  • Lakewood Park Subdivision

Recreation

  • Access To Lake
  • Water Skiing Allowed

Property Details

Property Type

Land

Est. Annual Taxes

$3,037

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 2.64
  • Lot Size Sq Ft: 132255
  • Directions to Property: from HWY417 go west on University Blvd. Just passed Econlockhatchee on the left.
  • Status: Sold
  • Total Acreage: 2 to less than 5
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.87914
  • Price per Sq Ft: 2.31
  • Close to Original List Price Ratio: 0.80397
  • View: Yes
  • Ownership: Other
  • Tax Year: 2017
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 8906

Exterior Features

  • Direction Faces: North
  • Road Frontage Type: City Street
  • View: Water
  • Water Body Name: Lake Irma
  • Waterfront: Yes
  • Water View: Lake
  • Water Access: Lake
  • Water Extras: Skiing Allowed
  • Water View Y N: Yes
  • Front Footage: 19
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12095C0260F
  • Waterfront Frontage: 160
  • Water Frontage Feet Lake: 160
  • Additional Water Information: ski Lake

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Electricity Available
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: R-1AA
  • Parcel Number: 01-22-30-4948-00-382
  • Additional Parcels: No
  • Current Use: Residential
  • Fencing: Chain Link, Partial, Wood
  • Lot Features: Buildable, Cleared, Room For Pool, Sidewalk
  • Lot Dimensions: 925X241X406
  • Millage Rate: 17.22
  • Price Per Acre: 115720
  • Flood Zone Code: AE
  • Flood Zone Date: 2009-09-25
  • Current Adjacent Use: Residential
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No
  • Pet Restrictions: .

Tax Info

  • Tax Annual Amount: 3037
  • Tax Block: 4948
  • Tax Book Number: 2
  • Tax Lot: 38

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2025
Sold by
Masood Elaine Sami and Masood Maged Raafat
Bought by
Elaine Masood & Maged Daniel Trust and Masood
Current Estimated Value
$494,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Outstanding Balance
$1,697,486
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
-$1,202,608

Purchase Details

Listed on
Mar 6, 2017
Closed on
May 21, 2018
Sold by
Weclew Investments Llc
Bought by
Raafat Masood Elaine Sami and Raafat Daniel Maged
Seller's Agent
Thomas Weclew
THE REALTY MEDICS
Buyer's Agent
Elaine Masood
HEARTFELT REALTY HOMETEAM
List Price
$379,990
Sold Price
$305,500
Premium/Discount to List
-$74,490
-19.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
Original Mortgage
$229,100
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 25, 2017
Sold by
Zhou Xiaodan
Bought by
Weclew Investments Llc

Purchase Details

Closed on
Jan 24, 2013
Sold by
Rbcf Holdings Inc
Bought by
Zhou Xiaodan
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
Elaine Masood & Maged Daniel Trust $100 None Listed On Document
Raafat Masood Elaine Sami $305,500 Oliver Title Law
Weclew Investments Llc $650,000 Attorney
Zhou Xiaodan $510,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elaine Masood & Maged Daniel Trust $1,700,000
Previous Owner Raafat Masood Elaine Sami $229,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2018 05/28/18 Sold $305,500 -12.1% --
04/18/2018 04/18/18 Pending -- -- --
03/19/2018 03/19/18 Price Changed $347,500 -3.5% --
10/12/2017 10/12/17 Price Changed $359,990 -4.0% --
09/18/2017 09/18/17 Price Changed $374,990 -1.3% --
03/06/2017 03/06/17 For Sale $379,990 -- --
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 $4,264 $255,000 $255,000 --
2024 $4,100 $255,000 $255,000 --
2023 $4,100 $255,000 $255,000 $0
2022 $4,115 $255,000 $255,000 $0
2021 $4,191 $255,000 $255,000 $0
2020 $4,055 $255,000 $255,000 $0
2019 $4,291 $255,000 $255,000 $0
2018 $3,005 $176,400 $176,400 $0
2017 $3,038 $176,400 $176,400 $0
2016 $2,908 $168,000 $168,000 $0
2015 $2,767 $160,000 $160,000 $0
2014 $2,466 $135,000 $135,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5495845

Stellar MLS

APN: 01-2230-4948-00-382