When was property at 641 Terrace Boulevard built and last sold?

The property at 641 Terrace Boulevard was built in 1938 and last sold on Feb 14, 2024 for $725,000.

How much is this home worth?

The estimated value of the home located at 641 Terrace Boulevard is $838,199.

What are some comparable homes to 641 Terrace Boulevard?

There are currently no comparable homes to 641 Terrace Boulevard.

Orlando

32803

Park Lake- Highland

641 Terrace BOULEVARD

$725,000

● Land - Off Market

641 Terrace BOULEVARD

ORLANDO, FL 32803

Studio

0 Bath

$4,381

Est. Monthly

1.29%

Cap Rate

About This Property

PRIME LOCATION! BUILD your dream home on Lake Highland or Restore the 1938 gem to its former glory. Situated on quiet brick street just steps from Lake Highland Preparatory School, this beautiful 50' x 142' WATERFRONT lot provides ample space for outdoor living. The current 3 story, 2,618 sqft home features 5 bedrooms, 3 baths, wood floors, formals, den, inside laundry, flex and storage space, and a rear facing one car garage. Imagine the possibilities as you create your own vision! Enjoy breathtaking views and colorful sunsets. Located steps from Lake Highland Prep. Walking distance to Mills 50, Ivanhoe Village, shopping and restaurants. Just minutes to Downtown, Thornton Park, Winter Park and so much more. Lake Highland waterfront property does not come around often- Don't miss out on this incredible opportunity!

Unit Size

Days on Market

161 days

Land Size

0.17 acres

Price per sqft

Property Type

Land

Property Taxes

$306

HOA Dues

Year Built

1938

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (Stellar MLS #O6138804)

Price History

Date / Event	Date	Event
Feb 15, 2024	Sold	Premium
Sold
Dec 26, 2023	In contract	-
In contract
Oct 25, 2023	Price Decreased	$829,900 ↓ $70K (7.8%)
Price Decreased
Sep 29, 2023	Price Increased	$899,900 ↑ $70K (8.4%)
Price Increased
Sep 6, 2023	Listed by RE/MAX 200 REALTY	$829,900
Listed by RE/MAX 200 REALTY
Sep 3, 2023	In contract	-
In contract
Sep 1, 2023	Price Decreased	$924,900 ↓ $74K (7.4%)
Price Decreased
Aug 15, 2023	Relisted	$999,000
Relisted
Aug 2, 2023	Listed by RE/MAX 200 REALTY	$999,000
Listed by RE/MAX 200 REALTY
Jul 1, 1997	Sold	Premium
Sold

Property Highlights

Garage

With View

Building Info

Overview

General

Year Built: 1938

Effective Year Built: 1975
Building Count: 1
Bedroom Count: 5
Bathroom Count: 3
Full Bathrooms: 3
Partial Bathrooms: 3
Building Condition: 1
Building Quality: 1
Construction Type: 0
Building Style: 0
Exterior Walls Type: 6
Interior Walls Type: 6
Roof Shape Type: 7
Roof Cover Type: 3
Floor Count: 200
Living Units: 1
Floor Cover: 15
Basement Type: 0
Basement Area: 0
Garage Type: 7
Garage Square Area: 325
Parking Space Count: 1
Patio Type: 55
Porch Type: 126
Pool Type: 0

Dimensions

Lot Size Square Feet: 47,948

Total Building Area: 3,385
Gross Building Area: 3,385
Building Area: 2,510
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 4
Heated Square Feet: 2,510
Heating Fuel Type: 2

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: HIGHLAND TERRACE SUB
Land Acres: 0000001101
Standard Land Use Code: 1001
County Land Use Code: 0130
State Land Use Code: 001
Legal Description 1: HIGHLAND TERRACE SUB K/31 LOT 13 BLK A

Neighborhood

School District Name: Orange County School District

School Tax School District: 5555
Census Tract: 018800

Zoning

Zoning: R-1A/T

Geography

Assessors Map Reference: 180

Subdivision Tract Number: 3580
Parcel: 24-22-29-3580-01-130
Block: A
Lot: 13
Meridian: SEC 24 TWN 22S RNG 29E
Municipality: ORLANDO
Latitude: 28.5579
Longitude: -81.3691

Address

Full Address: 641 Terrace Blvd

Address - House Number: 641
Address - Street Name: Terrace
Address - Suffix Type: Blvd
State: FL
City Name: Orlando
Carrier Code: C012
4-Digit Zip Code: 3216
Zip Code: 32803

Valuation

Tax

Total Area: 2,815

Tax Year: 2023
Tax Amount: $378,302
Tax Rate Code Area: 08-ORL

Appraisal Valuation

Standard Deviation: 0.0797

Valuation Date: Feb 21, 2024
Confidence Score: 94
Final Value: 801,891
High Value: 865,803
Low Value: 737,979

Market Valuation

Market Total Value: $720,454

Market Land Value: $400,000
Market Improvement Value: $320,454

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $243,991

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Feb 14, 2024

Current Sale Recording Date: Feb 15, 2024
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 92285
Previous Sale Recording Date: Jul 01, 1997
Previous Sale Amount: $275,000
Previous Sale Document Type: 71

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

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Comparables

About Park Lake- Highland

Stats & Trends

Median Asking:

$839,000

Sale Price/ft²

$426

Below Asking

0.03%

Average Days on Market

Average Home Size

3011 ft²

Average Home Age

53.4 years

Currently For Sale

7 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

Unit for rent at 817 Bentley Street, FL, 32805

$1,300 /mo

2 Beds
1 Bath
730 ft²

817 Bentley Street #A, FL, 32805 Listing by Yogi Ganeshram

Unit for rent at 151 E Washington Street, ORLANDO, FL, 32801

$1,300 /mo

1 Bed
1 Bath
554 ft²

151 E Washington Street #403, ORLANDO, FL, 32801 Listing by Carlos Mendoza

Unit for rent at 510 E Jackson St, ORLANDO, FL, 32801

$1,250 /mo

1 Bed
1 Bath
357 ft²

510 E Jackson St #7, ORLANDO, FL, 32801 Listing by Armelio Fernandez Aponte, Sr

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Emily Lemieux
RE/MAX 200 REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O6138804

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.

641 Terrace BOULEVARD

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Park Lake- Highland

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions