See Home Value
$1,301,772*
House - Off Market

523 LAKE AVENUE

ORLANDO, FL 32801
bedrooms
5 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
4186 Sqft
$801,000 - $979,000
Reference Base Price*
46.27%
Since Jan 1, 2020
National-US
Primary Model
Sold Dec 02, 2019
$940,000
$725,000 by Loandepotcom Llc
Mortgage Due Jan 01, 2042
Sold Jul 09, 1996
$30,000
$24,240 by First Union National Bank
Mortgage

About This Property

Come take a look at this lovely custom Queen Anne Victorian home conveniently located within the Lake Cherokee Historic District! With cobble stone streets and live oaks draped with Spanish moss, you will find the location of this home is very calming. After a long week of work, invite the neighbors over for a BBQ in your private backyard (which could easily be converted into a pool). The recently updated kitchen will bring out the gourmet chef in you with granite counter tops, tiled back splash, stainless steel appliances and a large center island which opens up nicely to the family room with beautiful wood floors and a fireplace. After dinner, send the youngsters upstairs to the media room to watch their favorite movie while you and your guest grab your favorite drink and take a walk around Lake Cherokee. This lovely home features beautiful refinished wood floors, a separate library/office, dining room, and a living room with a beautiful fireplace. There is also a detached 3 car garage and workshop with a second story carriage house with rental potential (this is an R2 property). You are also within walking distance to the Dr. Phillips Performing Arts Center, Orlando City Hall and Church Street and conveniently located near Amway Center (Magic), Orlando City Soccer Stadium, Orlando Regional Medical Center and transportation hubs (408, Interstate 4, and Church street Sunrail station). Don't hesitate, because this home won't last long!

The manager has listed the unit size as 4186 square feet.
Unit Size
4,186Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$213
Property Type
House
Property Taxes
$8,690
HOA Dues
-
Year Built
1988

Price History

Date / Event Date Event Price
Dec 4, 2019 No longer available -
No longer available
Dec 2, 2019 Sold to Jessica J Stead, Ryan T Stead $940,000
Sold to Jessica J Stead, Ryan T Stead
Oct 2, 2019 Listed $890,000
Listed

Property Highlights

Fireplace
Air Conditioning
Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 2008
  • Building Count: 3
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Fair
  • Building Quality: E
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 524
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,260
  • Total Building Area: 6,922
  • Gross Building Area: 6,922
  • Building Area: 3,880
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,880
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GEBHARDT SUB REP
  • Land Acres: 0.258
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GEBHARDTS SUB A REPLAT 21/27 LOT 1 & N1/ 2 OF LOT 2

Ownership

  • Current Owner : STEAD RYAN T
  • Current Owner 2: STEAD JESSICA J
  • Previous Owner : BAGOZZI MARK A
  • Owner Before Previous Owner: GEBHARDT JOHN E
  • Owner Before Previous Owner 2: GEBHARDT MARY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orange County School District
  • School Tax School District: 5555
  • Census Tract: 010300

Zoning

  • Zoning: R-2A/T/HP/

Geography

  • Assessors Map Reference: 184
  • Subdivision Tract Number: 2967
  • Parcel: 36-22-29-2967-00-010
  • Lot: 1,2
  • Meridian: SEC 36 TWN 22S RNG 29E
  • Municipality: ORLANDO
  • Latitude: 28.5356
  • Longitude: -81.3722

    Address

  • Full Address: 523 Lake Ave
  • Address - House Number: 523
  • Address - Street Name: Lake
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Orlando
  • Carrier Code: C026
  • 4-Digit Zip Code: 3912
  • Zip Code: 32801

Valuation

    Tax

  • Total Area: 4,754
  • Tax Year: 2023
  • Tax Amount: $12,865
  • Tax Rate Code Area: 71-ORL

    Appraisal Valuation

  • Standard Deviation: 0.1716
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 78
  • Final Value: 1,425,560
  • High Value: 1,670,190
  • Low Value: 1,180,931

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $725,000
  • First Open Lien Mortgage Lender: LOANDEPOTCOM LLC
  • First Open Lien Mortgage Recording Date: Jan 03, 2022
  • First Open Lien Mortgage Loan Amount: $725,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2042

    Market Valuation

  • Market Total Value: $1,128,044
  • Market Land Value: $240,000
  • Market Improvement Value: $888,044

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $745,811

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 13, 2019
  • Current Sale Recording Date: Dec 02, 2019
  • Current Sale Transaction ID: 11707961477
  • Current Sale Price: $940,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190752527
  • Previous Sale Recording Date: Jul 09, 1996
  • Previous Sale Amount: $30,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Dec 02, 2019
  • First Mortgage Loan Amount: $740,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: FIRST UNION NATIONAL BANK
  • Previous Mortgage Transaction Date: Jul 09, 1996
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $24,240
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
5 Baths
3,413 ft²
$308/ft²
$1,050,000 Feb 1, 2023
-
$817/mo
House
5 Beds
3 Baths
2,327 ft²
$342/ft²
$794,990 Apr 25, 2022
-
$212/mo
House
4 Beds
3.5 Baths
3,030 ft²
$347/ft²
$1,050,000 Feb 22, 2023
-
$947/mo
Condo
2 Beds
2.5 Baths
1,885 ft²
$398/ft²
$749,900 Feb 18, 2023
-
$2,396/mo
Commercial
Loft
-
2,014 ft²
$447/ft²
$900,000 Oct 22, 2021
-
$379/mo
Commercial
Loft
-
1,540 ft²
$513/ft²
$790,000 Feb 22, 2023
-
$45,522/mo

About Lake Cherokee


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Frequently Asked Questions

When was property at 523 Lake Avenue built and last sold?
The property at 523 Lake Avenue was built in 1988 and last sold on Nov 13, 2019 for $940,000.
How much is this home worth?
The estimated value of the home located at 523 Lake Avenue is $898,900.
What are some comparable homes to 523 Lake Avenue?
There are currently no comparable homes to 523 Lake Avenue.

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