by RH Advisors

Check Availability
$299,000
House - In Contract

500 Prairie Lake DRIVE

FERN PARK, FL 32730
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1545 Sqft
$1,641
Estimated Monthly
$0
HOA / Fees
8.14%
Cap Rate

About This Property

Great location, fantastic opportunity! This LARGE lot is just 350 ft from the Lake Prairie neighborhood access. The main house has two bedrooms, a bathroom, and an additional space that can be used as another bedroom or family room. The living room has a decorative fireplace hearth. There is a large Florida room off the back, with plenty of shade, overlooking the large backyard. There is a large shed as well. The additional building has been updated inside and offers two rooms, a complete bathroom and kitchenette. Although it is on septic, hooking up to county sewer is available. There is no HOA, so the lot offers plenty of room for RVs or boats! The location is under 10 minutes to Winter Park, Rollins College, the Maitland Exchange, I-4, the Altamonte Mall, and Advent Hospital! This property offers a variety of options, best suited for a homeowner fix-up or landlord investor.
Unit Size
1,545Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$194
Property Type
House
Property Taxes
$172
HOA Dues
-
Year Built
1954
Listed By
Jeannine Evans
FLORIDA REALTY INVESTMENTS
Last updated: 2 months ago (Stellar MLS #O6188759)

Price History

Date / Event Date Event Price
Mar 25, 2024 In contract -
In contract
Mar 19, 2024 Listed by FLORIDA REALTY INVESTMENTS $299,000
Listed by FLORIDA REALTY INVESTMENTS
Aug 23, 2023 Sold $189,600
Sold

Property Highlights

Fireplace
Parking Details
Has Open Parking
Parking Features: Driveway
Interior Details

Bathroom Information

Full Bathrooms: 2

Interior Information

Interior Features: Ninguno
Appliances: Range, Refrigerator
Flooring Type: Concrete, Tile
Laundry Features: Inside

Room Information

Rooms: 5

Fireplace Information

Has Fireplace
Fireplace Features: Decorative

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Plaster
  • Roof Shape Type: Flat
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 432
  • Garage Type: Detached
  • Garage Square Area: 432
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,000
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,545
  • Gross Building Area: 1,545
  • Building Area: 1,545
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Wall air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,545
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PRAIRIE LAKE PARK
  • Land Acres: 0.321
  • Standard Land Use Code: Single family residential
  • Legal Description 1: E 100 FT OF LOT 13 (LESS S 158.5 FT) BLK D PRAIRIE LAKE PARK PB 7 PG 64

Ownership

  • Current Owner : 500 PRAIRIE LAKE LLC
  • Previous Owner : LEWIS JEAN D
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Seminole County School District
  • School Tax School District: COUNTY-TX DIST
  • Census Tract: 021802

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: 00885817
  • Subdivision Tract Number: 515
  • Parcel: 18-21-30-515-0D00-013A
  • Block: D
  • Lot: 13
  • Meridian: SEC 18 TWN 21S RNG 30E
  • Municipality: COUNTY-TX DIST 1
  • Latitude: 28.6555
  • Longitude: -81.3501

    Address

  • Full Address: 500 Prairie Lake Dr
  • Address - House Number: 500
  • Address - Street Name: Prairie Lake
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Fern Park
  • Carrier Code: C001
  • 4-Digit Zip Code: 2026
  • Zip Code: 32730

Valuation

    Tax

  • Total Area: 1,649
  • Tax Year: 2023
  • Tax Amount: $2,090
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.1488
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 82
  • Final Value: 195,699
  • High Value: 224,822
  • Low Value: 166,577

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: WALKER & TUDHOPE PA
  • First Open Lien Mortgage Recording Date: Aug 23, 2023
  • First Open Lien Mortgage Loan Amount: $150,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Aug 23, 2053

    Market Valuation

  • Market Total Value: $132,259
  • Market Land Value: $61,875
  • Market Improvement Value: $70,384

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $132,259
  • Assessed Land Value: $61,875
  • Assessed Improvements Value: $70,384

    Sales

  • Current Sale Contract Date: Aug 22, 2023
  • Current Sale Recording Date: Aug 23, 2023
  • Current Sale Transaction ID: 11911433062
  • Current Sale Price: $189,600
  • Current Sale Document Type: Personal Representatives Deed
  • Current Sale Input Document Number: 78272
  • Previous Sale Recording Date: Feb 01, 1988
  • Previous Sale Contract Date: Feb 01, 1988
  • Previous Sale Amount: $45,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WALKER & TUDHOPE PA
  • First Mortgage Transaction Date: Aug 23, 2023
  • First Mortgage Loan Amount: $150,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
1,448 ft²
$232/ft²
$336,000 Aug 17, 2023
$336,000 Sep 8, 2023
$71/mo
House
3 Beds
2 Baths
988 ft²
$301/ft²
$297,000 Feb 15, 2024
$297,000 Mar 26, 2024
$168/mo
Townhouse
3 Beds
2 Baths
1,721 ft²
$165/ft²
$283,500 Dec 5, 2023
$283,500 Mar 4, 2024
$545/mo
House
2 Beds
2 Baths
1,192 ft²
$260/ft²
$310,000 Jan 18, 2024
$310,000 Feb 27, 2024
$156/mo
Townhouse
3 Beds
2 Baths
1,721 ft²
$186/ft²
$320,000 Sep 12, 2023
$320,000 Dec 16, 2023
$485/mo
Townhouse
3 Beds
3 Baths
1,872 ft²
$184/ft²
$345,000 Jul 7, 2023
$345,000 Aug 25, 2023
$519/mo
House
3 Beds
1 Bath
1,234 ft²
$280/ft²
$345,000 Feb 1, 2024
-
$221/mo
House
3 Beds
2 Baths
1,164 ft²
$286/ft²
$332,900 Oct 19, 2023
-
$158/mo
House
3 Beds
1 Bath
1,170 ft²
$295/ft²
$345,000 Sep 11, 2023
-
$200/mo
House
3 Beds
2 Baths
1,092 ft²
$316/ft²
$344,900 Jan 12, 2024
-
$241/mo
House
2 Beds
2 Baths
1,296 ft²
$220/ft²
$284,500 Mar 4, 2024
-
$371/mo
Townhouse
2 Beds
2 Baths
1,296 ft²
$220/ft²
$285,000 Feb 24, 2024
-
$327/mo

About Prairie Lake Park


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Frequently Asked Questions

When was property at 500 Prairie Lake Drive built and last sold?
The property at 500 Prairie Lake Drive was built in 1954 and last sold on Aug 22, 2023 for $189,600.
How much is this home worth?
The estimated value of the home located at 500 Prairie Lake Drive is $301,990.
What are some comparable homes to 500 Prairie Lake Drive?
Homes that are comparable to 500 Prairie Lake Drive include a house property at 116 West Lauren Court, 872 Darwin Drive, 412 Lochmond Drive.

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