NOT LISTED FOR SALE

8987 Crichton Wood Dr Orlando, FL 32819

Bay Hill Neighborhood

Estimated Value: $2,268,000 - $2,735,000

1.25 Acres
$1,969,726 Price per Acre
54,450 Sq Ft Lot

Last Sold December 03, 2021

Last sale price $1,735,000 $273 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $15,807/month

10 Days on Market

Highlights

  • 84 Feet of Waterfront
  • Dock made with wood
  • 1.25 Acre Lot
  • Dr. Phillips Elementary School Rated A-
  • Chain Of Lake Views
  • Community Playground

About This Lot

As of December 2021

UNDER CONTRACT BUT ACCEPTING BACKUP OFFERS. Don't miss your chance to build your dream home on a, beautiful, Bay Hill lot on the famed Butler Chain of Lakes! Situated on Lake Tibet, the 2nd largest lake on the chain, you will be close to the Bay Hill marina - making it an easy stop to refuel for the many lake outings that await. This ready-to-build lot is enclosed by a perimeter wall and is perched high and dry, giving you the opportunity to be elevated so you can enjoy the spectacular lake views and sunsets. You will be minutes from Arnold Palmer's Bay Hill Club & Lodge, “restaurant row” of Sand Lake Road, the airport, theme parks, and "A" rated schools!

Last Agent to Sell the Property

Michael Miceli

CHARLES RUTENBERG REALTY ORLANDO License #3440909 Listed on: 10/24/2021

CHARLES RUTENBERG REALTY ORLANDO

Last Buyer's Agent

Mauro Costa

CORCORAN PREMIER REALTY License #3172982

CORCORAN PREMIER REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,998

Lot Details

  • 1.25 Acre Lot
  • Lot Dimensions are 90x235x215x80x84
  • 84 Feet of Waterfront
  • Property fronts a lake that is connected to a chain of lakes
  • The property's road front is unimproved
  • Southwest Facing Home
  • Property is zoned R-1AA

HOA Fees

  • $58 Monthly HOA Fees

Schools

  • Dr. Phillips Elementary School
  • Southwest Middle School
  • Dr. Phillips High School

Additional Features

  • Chain Of Lake Views
  • Property is near a golf course
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 189 / 1
  • Assessor Parcel Number 28-23-28-0534-01-890

Community Details

Overview

  • Association fees include recreational facilities, security
  • Southwest Property Management Association, Phone Number (407) 656-1081
  • Bay Hill Sec 05A Subdivision

Recreation

  • Community Playground
  • Access To Chain Of Lakes
  • Water Skiing Allowed
  • Dock made with wood

Property Details

Property Type

Land

Est. Annual Taxes

$13,998

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • HOA Fee Includes: Recreational Facilities, Security
  • Property Type: Land
  • Lot Size Acres: 1.25
  • Lot Size Sq Ft: 54633
  • Directions to Property: APOPKA-VINELAND ROAD TO BAY HILL BLVD, CONTINUE PAST THE CLUBHOUSE THEN TURN RIGHT ONTO CRICHTON WOOD DR.
  • Status: Sold
  • Total Acreage: 1 to less than 2
  • Ratio: Close Price\List Price: 0.96442
  • Price per Sq Ft: 31.76
  • Close to Original List Price Ratio: 0.96442
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 8987

Exterior Features

  • Direction Faces: Southwest
  • Water Body Name: Lake Tibet
  • Waterfront: Yes
  • Road Surface Type: Asphalt, Unimproved
  • Water View: Lake - Chain of Lakes
  • Water Access: Lake - Chain of Lakes
  • Water Extras: Dock - Wood, Skiing Allowed
  • Water View Y N: Yes
  • Front Footage: 84
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 84
  • Water Frontage Feet Lake Chain: 84
  • Disclosures: Land Sales Disclosure, Other

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Water Available
  • Sewer: None
  • Water Source: Canal/Lake For Irrigation, Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Playground
  • Association Fee: 700
  • Association Fee Frequency: Annually
  • Association Name: Southwest Property Management
  • Phone: 407-656-1081
  • Association: Yes
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 700
  • Monthly HOA Fee: 58.33
  • Total Monthly Fees: 58.33

Schools

  • Elementary School: Dr. Phillips Elem
  • High School: Dr. Phillips High
  • Middle Or Junior School: Southwest Middle

Lot Info

  • Zoning: R-1AA
  • Parcel Number: 28-23-28-0534-01-890
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Near Golf Course
  • Lot Dimensions: 90x235x215x80x84
  • Price Per Acre: 1388000
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 13998.39
  • Tax Block: 1
  • Tax Book Number: 3-124
  • Tax Lot: 189

Multi Family

  • Waterfront Features: Lake - Chain of Lakes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2021
Closed on
Dec 3, 2021
Sold by
Micell John and Mcelwee Joni M
Bought by
Gutti Vinay and Gutti Subadra
Seller's Agent
Michael Miceli
CHARLES RUTENBERG REALTY ORLANDO
Buyer's Agent
Mauro Costa
CORCORAN PREMIER REALTY
List Price
$1,799,000
Sold Price
$1,735,000
Premium/Discount to List
-$64,000
-3.56%
Current Estimated Value
$2,462,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$727,157
Avg. Annual Appreciation
8.88%
Original Mortgage
$1,127,750
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 5, 2018
Closed on
Feb 12, 2019
Sold by
Kirchgessner Janette L
Bought by
Miceli John J and Mcelwee Joni
Seller's Agent
Angie Stuart
INSIGHT REALTY LLC
Buyer's Agent
Angie Stuart
INSIGHT REALTY LLC
List Price
$1,350,000
Sold Price
$1,150,000
Premium/Discount to List
-$200,000
-14.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.76%
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
Gutti Vinay $1,735,000 First American Title Ins Co
Miceli John J $1,150,000 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutti Vinay $3,589,449
Closed Gutti Vinay $1,127,750
Previous Owner Kirchgessner Robert W $60,000
Previous Owner Kirchgessner Robert W $248,000
Previous Owner Kirchgessner Robert W $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Sold $1,735,000 -3.6% $273 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
10/23/2021 10/23/21 For Sale $1,799,000 +56.4% $283 / Sq Ft
02/12/2019 02/12/19 Sold $1,150,000 -14.8% $256 / Sq Ft
01/12/2019 01/12/19 Pending -- -- --
03/05/2018 03/05/18 For Sale $1,350,000 -- $301 / 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 $28,308 $1,702,500 $1,700,000 $2,500
2024 $27,203 $1,702,500 $1,700,000 $2,500
2023 $27,203 $1,702,500 $1,700,000 $2,500
2022 $25,649 $1,602,500 $1,600,000 $2,500
2021 $14,464 $877,500 $875,000 $2,500
2020 $13,998 $877,500 $875,000 $2,500
2019 $11,714 $730,260 $0 $0
2018 $11,622 $716,644 $0 $0
2017 $11,480 $1,103,780 $675,000 $428,780
2016 $11,445 $1,094,879 $675,000 $419,879
2015 $11,659 $1,048,880 $625,000 $423,880
2014 $11,788 $919,358 $600,000 $319,358
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Michael Miceli

    CHARLES RUTENBERG REALTY ORLANDO

    (407) 733-6739

    3 in this area

    3 Total Sales

    Michael Miceli
    Section Image
  • Mauro Costa

    Buyer's Agent in 2021

    Mauro Costa

    CORCORAN PREMIER REALTY

    (321) 231-6800

    2 in this area

    69 Total Sales

    Mauro Costa
    Section Image
  • Angie Stuart

    Seller's Agent in 2019

    Angie Stuart

    INSIGHT REALTY LLC

    (407) 276-2646

    23 Total Sales

    Angie Stuart
    Section Image
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Map

Source: Stellar MLS

MLS Number: O5978126

Stellar MLS

APN: 28-2328-0534-01-890

Florida Orange County Orlando 32819 Bay Hill

8987 Crichton Wood Dr, Orlando, FL

This home is located at 8987 Crichton Wood Dr, Orlando, FL 32819 since 24 October 2021 and is currently estimated at $2,462,157, approximately $387 per square foot. 8987 Crichton Wood Dr is a home located in Orange County with nearby schools including Dr. Phillips Elementary School, Dr. Phillips High School, and Southwest Middle.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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