$550,000
$550,000
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3 Beds
2 Baths
1,235 SqFt
SOLD DATE : 08/06/2020
Key Details
Sold Price $550,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,235 sqft
Price per Sqft $445
Subdivision Lake Knowles Terrace
MLS Listing ID T3221400
Sold Date 08/06/20
Bedrooms 3
Full Baths 1
Half Baths 1
Construction Status No Contingency
HOA Y/N No
Year Built 1962
Annual Tax Amount $6,874
Lot Size 0.420 Acres
Acres 0.42
Property Description
Significant opportunity to own one of the largest lots in the highly desirable tree lined streets of Winter Park. Land value is $550,000. – at lot size of 18,418 square feet = $29.86 per square foot – much lower than any other lot in subdivision. With this property you can tear down and build your dream home, renovate, purchase as an investment property, or move in. Surrounded by new construction and million dollar homes equals pure potential. This property size is extremely rare in this area. Another potential option for a savvy investor would be to split the property into 2 lots. This is a well priced investment property. The distinguished location of this property is also amazing – close to Chain of Lakes, Park Avenue, YMCA, Phelps Park (with picnic, playground, tennis, and basketball courts), Cady Way Trail (running and biking), Winter Park Village with excellent shopping and top dining. “A” rated Winter Park Schools (Lakemont Elementary, Maitland Middle, and Winter Park High). Baldwin Park and Rollins College are also nearby. Possibilities are endless with this property.
Location
State FL
County Orange
Community Lake Knowles Terrace
Zoning R-1A
Rooms
Other Rooms Attic, Formal Dining Room Separate, Formal Living Room Separate
Interior
Interior Features Attic Ventilator, Ceiling Fans(s), Eat-in Kitchen, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Walk-In Closet(s), Window Treatments
Heating Central, Oil
Cooling Wall/Window Unit(s)
Flooring Laminate, Terrazzo
Furnishings Unfurnished
Fireplace false
Appliance Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer
Laundry Inside, Laundry Room
Exterior
Exterior Feature Lighting, Rain Gutters, Sidewalk, Storage
Parking Features Covered, Driveway, Off Street, On Street
Utilities Available Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights, Water Available
View City
Roof Type Shingle
Porch Rear Porch
Attached Garage false
Garage false
Private Pool No
Building
Lot Description City Limits, Level, Oversized Lot, Sidewalk, Street Brick
Story 1
Entry Level One
Foundation Slab
Lot Size Range Up to 10,889 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status No Contingency
Schools
Elementary Schools Lakemont Elem
Middle Schools Maitland Middle
High Schools Winter Park High
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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Bought with TERESA FERRARINI, BROKER
"My job is to find and attract mastery-based advisors to the shop, protect the culture, and make sure everyone is happy! "