When was property at 505 Spring Island Way built and last sold?

The property at 505 Spring Island Way was built in 1999 and last sold on Jan 1, 1970 for $207,000.

How much is this home worth?

The estimated value of the home located at 505 Spring Island Way is $554,556.

What are some comparable homes to 505 Spring Island Way?

There are currently no comparable homes to 505 Spring Island Way.

Alafaya

32828

Waterford Lakes North

505 Spring Island WAY

$549,999

● House - Off Market

505 Spring Island WAY

ORLANDO, FL 32828

3 Beds

2 Baths

2,218 Ft²

$3,071

Est. Monthly

$103

HOA / Fees

4.37%

Cap Rate

About This Property

LAKEVIEW 3 Bedroom, 2 Bath home with a private swimming pool & spa located in the highly desirable Waterford Lakes community! This home offers over 2,200 SqFt with a split-bedroom floor plan and open concept living area. The kitchen is complete with Corian countertops, stainless steel appliances, and breakfast bar seating. Your primary suite features a walk-in closet and luxurious ensuite bathroom with dual sinks, large soaking tub, and separate shower. Additional bedrooms and bonus room provide versatility for guests, home offices, etc. The Waterford Lakes community offers several amenities including a pool, playground, walking trails, and a variety of sports courts! Located just minutes from A+ public schools, UCF, and Waterford Lakes Town Center offering a plethora of shopping, dining and entertainment. Provides convenient access to SR-408 and 417 to downtown Orlando, Universal, and Disney World. Submit your offer today!

Unit Size

2,218 Ft²

Days on Market

43 days

Land Size

0.28 acres

Price per sqft

$248

Property Type

House

Property Taxes

$268

HOA Dues

$103

Year Built

1999

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (Stellar MLS #O6181218)

Price History

Date / Event	Date	Event
Apr 10, 2024	Sold	Premium
Sold
Mar 4, 2024	In contract	-
In contract
Feb 27, 2024	Listed by THE REALTY MEDICS	$549,999
Listed by THE REALTY MEDICS
Aug 18, 1999	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

With View

Building Info

Overview

General

Year Built: 1999

Effective Year Built: 2000
Building Count: 1
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 3
Building Quality: 7
Construction Type: 0
Building Style: 0
Exterior Walls Type: 7
Interior Walls Type: 3
Roof Shape Type: 7
Roof Cover Type: 3
Floor Count: 100
Living Units: 1
Floor Cover: 9
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 693
Parking Space Count: 2
Patio Type: 59
Porch Type: 126
Pool Type: 8

Dimensions

Lot Size Square Feet: 12,067

Total Building Area: 3,260
Gross Building Area: 3,260
Building Area: 2,218
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 2,218
Heating Fuel Type: 2

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: WATERFORD LAKES TR N 25 A PH 1
Land Acres: 0000000277
Standard Land Use Code: 1001
County Land Use Code: 0103
State Land Use Code: 001
Legal Description 1: WATERFORD LAKES TRACT N 25 A PHASE 1 32/ 132 LOT 48

Neighborhood

School District Name: Orange County School District

School Tax School District: 0336 3255
Census Tract: 016743

Zoning

Zoning: P-D

Geography

Assessors Map Reference: 267B

Subdivision Phase Number: 1
Subdivision Tract Number: N
Parcel: 26-22-31-9102-00-480
Lot: 48
Meridian: SEC 26 TWN 22S RNG 31E
Municipality: UN-INCORPORATED
Latitude: 28.5439
Longitude: -81.188

Address

Full Address: 505 Spring Island Way

Address - House Number: 505
Address - Street Name: Spring Island
Address - Suffix Type: Way
State: FL
City Name: Orlando
Carrier Code: C085
4-Digit Zip Code: 8435
Zip Code: 32828

Valuation

Tax

Total Area: 2,652

Tax Year: 2023
Tax Amount: $321,137
Tax Rate Code Area: 11-ORG

Appraisal Valuation

Standard Deviation: 0.0794

Valuation Date: Mar 13, 2024
Confidence Score: 94
Final Value: 542,050
High Value: 585,132
Low Value: 498,967

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Financing Type:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $431,495

Market Land Value: $65,000
Market Improvement Value: $366,495

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $218,079

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Recording Date: Aug 18, 1999

Current Sale Price:

Premium
Current Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium

Financing

First Mortgage Financing Type: FIX

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Waterford Lakes North

Stats & Trends

Median Asking:

$579,000

Sale Price/ft²

$233

Below Asking

0.01%

Average Days on Market

Average Home Size

2252 ft²

Average Home Age

29.5 years

Currently For Sale

15 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$2,595 /mo

3 Beds
2 Baths
1,881 ft²

2406 Siward Avenue, ORLANDO, FL, 32828 Listing by Shawn Beard

Unit for rent at 12928 Lexington Summit Street, ORLANDO, FL, 32828

$2,300 /mo

3 Beds
2 Baths
1,889 ft²

12928 Lexington Summit Street, ORLANDO, FL, 32828 Listing by Hazem Ibrahim

Unit for rent at 12705 Lexington Summit Street, ORLANDO, FL, 32828

$2,400 /mo

3 Beds
2 Baths
1,889 ft²

12705 Lexington Summit Street, ORLANDO, FL, 32828 Listing by Hala Dafterdar, PA

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Thomas Weclew
THE REALTY MEDICS
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O6181218

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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

505 Spring Island WAY

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Waterford Lakes North

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions