by RH Advisors

See Home Value
$540,000
House - Off Market

488 PALM DRIVE

OVIEDO, FL 32765
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2000 Sqft
$546,470
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Welcome to this exquisite 3-bedroom, 2-bathroom POOL home nestled in the tree-lined streets of this Oviedo community.  The exterior of the home has tons of curb appeal with spruced up paint, new lighting and landscaping. Step into the foyer where you are greeted by an open floor plan with lots of natural light. The family room features soaring ceilings with skylights and a gorgeous brick wood-burning fireplace. The kitchen features stone countertops, NEW stainless steel appliances, new hardware and an eat-in kitchen area. The dining area, to the front of the home, has been updated with designer lighting. To the back of the home, the Florida room is the perfect spot for entertaining and relaxation with gorgeous views of the private back yard and pool and unique wood plank ceilings and walls. Adjacent to the kitchen is a dedicated laundry room, leading out to the 2-car garage. The home was freshly painted and lighting and ceilings fans updated throughout. The primary suite has a large walk-in closet and a bonus area with built-in shelving, the perfect spot to curl up with a book or enjoy your morning coffee. The en-suite bathroom exudes a spa like ambiance and has an oversized vanity area with two sinks and the shower has a glass enclosure with a rain shower feature.  Step outside the Florida room to an expansive enclosed back patio overlooking the inviting screened-in pool area – a true oasis for year-round Florida living. Lush mature landscaping envelops the property, offering a serene and private atmosphere. Situated on a large, corner lot, this home offers a large circular driveway, with tons of parking and even space for your RV in the side yard. Beyond its captivating features, this home resides within the sought-after Seminole County school district. Conveniently situated with easy access to shopping, dining, major roads, and prominent thoroughfares such as I-4, 417, and 429, as well as being in proximity to Oviedo on the Park, University of Central Florida, downtown Orlando and theme parks. Close to all that Orlando has to offer and a short drive to Florida beaches. This home checks all the boxes!
Unit Size
2,000Ft²
Days on Market
33 days
Land Size
0.32 acres
Price per sqft
$275
Property Type
House
Property Taxes
$293
HOA Dues
-
Year Built
1985
Last updated: 8 months ago (Stellar MLS #O6134918)

Price History

Date / Event Date Event Price
Sep 21, 2023 Sold to Lindsay Ona Jackson-drago $540,000
Sold to Lindsay Ona Jackson-drago
Aug 23, 2023 In contract -
In contract
Aug 18, 2023 Listed by GRANDE REALTY GROUP LLC $549,900
Listed by GRANDE REALTY GROUP LLC
May 10, 2023 Sold $437,000
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Cathedral
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 14,360
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,843
  • Gross Building Area: 2,843
  • Building Area: 2,267
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,267
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MEAD MANOR UNIT 3
  • Land Acres: 0.33
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ALL LOT 8 & PT OF LOT 11 DESC AS BEG SE COR LOT 8 RUN N 53 DEG 13 MIN W 106.16 FT S 37 DEG 55 MIN 11 SEC W 2.54 FT S 39 DEG 47 MIN 50 SEC E 149.03 FT NELY ON CURVE 35.01 FT TO BEG MEAD MANOR UNIT 3 PB 14 PG 90

Ownership

  • Current Owner : JACKSON-DRAGO LINDSAY ONA
  • Previous Owner : CATAMOUNT PROPERTIES 2018 LLC
  • Owner Before Previous Owner: ROYAL PALM EQUITY LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried woman

Neighborhood

  • School District Name: Seminole County School District
  • School Tax School District: OVIEDO
  • Census Tract: 021311

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: 0087E379
  • Subdivision Tract Number: 519
  • Parcel: 10-21-31-519-0000-0080
  • Lot: 8,11
  • Meridian: SEC 10 TWN 21S RNG 31E
  • Municipality: OVIEDO
  • Latitude: 28.6801
  • Longitude: -81.2007

    Address

  • Full Address: 488 Palm Dr
  • Address - House Number: 488
  • Address - Street Name: Palm
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Oviedo
  • Carrier Code: R021
  • 4-Digit Zip Code: 9532
  • Zip Code: 32765

Valuation

    Tax

  • Total Area: 2,615
  • Tax Year: 2023
  • Tax Amount: $3,612
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: V1

    Appraisal Valuation

  • Standard Deviation: 0.1327
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 84
  • Final Value: 550,933
  • High Value: 624,095
  • Low Value: 477,771

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $378,000
  • First Open Lien Mortgage Lender: TEXAS TECH FCU
  • First Open Lien Mortgage Recording Date: Sep 21, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $378,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2053

    Market Valuation

  • Market Total Value: $447,690
  • Market Land Value: $100,000
  • Market Improvement Value: $347,690

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $263,709

    Sales

  • Current Sale Contract Date: Sep 20, 2023
  • Current Sale Recording Date: Sep 21, 2023
  • Current Sale Transaction ID: 11913470163
  • Current Sale Price: $540,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 87562
  • Previous Sale Recording Date: May 10, 2023
  • Previous Sale Contract Date: May 03, 2023
  • Previous Sale Amount: $437,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TEXAS TECH FCU
  • First Mortgage Transaction Date: Sep 21, 2023
  • First Mortgage Loan Amount: $378,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
1,952 ft²
$304/ft²
$592,500 Jun 30, 2023
$592,500 Aug 25, 2023
$498/mo
Townhouse
3 Beds
4 Baths
2,140 ft²
$228/ft²
$488,500 May 8, 2023
$488,500 Sep 21, 2023
$621/mo
House
5 Beds
3 Baths
2,515 ft²
$233/ft²
$585,000 May 25, 2023
$585,000 Aug 22, 2023
$523/mo
House
3 Beds
3 Baths
1,623 ft²
$299/ft²
$485,000 Jul 31, 2023
-
$111/mo
House
4 Beds
3 Baths
2,261 ft²
$243/ft²
$550,000 Jul 14, 2023
-
$347/mo
House
5 Beds
3 Baths
2,640 ft²
$235/ft²
$620,000 Jul 20, 2023
-
$979/mo
House
4 Beds
3 Baths
-
$614,000 Jul 12, 2023
-
$88/mo

About Mead Manor


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Frequently Asked Questions

When was property at 488 Palm Drive built and last sold?
The property at 488 Palm Drive was built in 1985 and last sold on Sep 20, 2023 for $540,000.
How much is this home worth?
The estimated value of the home located at 488 Palm Drive is $555,399.
What are some comparable homes to 488 Palm Drive?
There are currently no comparable homes to 488 Palm Drive.

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