by RH Advisors

See Home Value
$725,000
Land - Off Market

641 Terrace BOULEVARD

ORLANDO, FL 32803
bedrooms
Studio
bathrooms
0 Bath
$4,381
Estimated Monthly
$0
HOA / Fees
0.79%
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
Last updated: 3 months ago (Stellar MLS #O6138804)

Price History

Date / Event Date Event Price
Feb 14, 2024 Sold $725,000
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 8, 2023 No longer available -
No longer available
Show More

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: Excellent
  • Building Quality: A
  • Exterior Walls Type: Concrete
  • Interior Walls Type: Plaster
  • 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: Garage
  • Garage Square Area: 325
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 47,948
  • Total Building Area: 3,385
  • Gross Building Area: 3,385
  • Building Area: 2,510
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,510
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIGHLAND TERRACE SUB
  • Land Acres: 1.101
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HIGHLAND TERRACE SUB K/31 LOT 13 BLK A

Ownership

  • Current Owner : WATSON TODD
  • Previous Owner : NETHERY DAVID T
  • Previous Owner 2: NETHERY DEBRA M
  • Owner Before Previous Owner: KELLY JOHN C
  • Owner Before Previous Owner 2: KELLY H
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

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: $3,783
  • 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 Transaction ID: 11921382945
  • Current Sale Price: $725,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 92285
  • Previous Sale Recording Date: Jul 01, 1997
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Warranty Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
3 Baths
2,618 ft²
$277/ft²
$725,000 Aug 2, 2023
$725,000 Feb 14, 2024
$306/mo
Condo
3 Beds
4 Baths
3,187 ft²
$285/ft²
$907,500 Aug 18, 2023
$907,500 Nov 30, 2023
$2,885/mo
Condo
3 Beds
4 Baths
3,187 ft²
$251/ft²
$800,000 Jul 18, 2023
$800,000 Oct 6, 2023
$2,526/mo
House
4 Beds
3 Baths
2,563 ft²
$306/ft²
$785,000 Jul 19, 2023
$785,000 Oct 16, 2023
$931/mo
House
4 Beds
3 Baths
2,706 ft²
$301/ft²
$815,000 May 29, 2023
$815,000 Oct 5, 2023
$885/mo
House
4 Beds
3 Baths
2,202 ft²
$325/ft²
$715,000 Sep 6, 2023
$715,000 Oct 25, 2023
$189/mo
Other
Loft
-
1,903 ft²
$441/ft²
$839,000 Jul 28, 2023
-
$416/mo
Commercial
Loft
-
923 ft²
$813/ft²
$750,000 Jan 26, 2024
-
$375/mo
House
5 Beds
3 Baths
2,636 ft²
$341/ft²
$899,000 Feb 12, 2024
-
$353/mo
House
4 Beds
3 Baths
2,963 ft²
$310/ft²
$919,990 Jun 17, 2022
-
$392/mo
House
4 Beds
5 Baths
3,638 ft²
$255/ft²
$929,000 Jan 15, 2024
-
$543/mo
House
2 Beds
2 Baths
1,429 ft²
$556/ft²
$794,900 Feb 8, 2024
-
$691/mo

About Park Lake- Highland


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Frequently Asked Questions

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?
Homes that are comparable to 641 Terrace Boulevard include a other property at 510 North Summerlin Avenue, a house property at 2023 Mount Vernon Street, 51 East New Hampshire Street.

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