by RH Advisors

Check Availability
Orange 32819 Palm Lake
8703 Crestgate CIRCLE
$1,250,000
House - In Contract

8703 Crestgate CIRCLE

ORLANDO, FL 32819
bedrooms
6 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4695 Sqft
$7,017
Estimated Monthly
$154
HOA / Fees
2.99%
Cap Rate

About This Property

Discover the epitome of luxurious living in the heart of Palm Lake, Dr. Phillips. This exquisitely remodeled 2-story residence offers an impressive 6 bedrooms, 4.5 baths, and a host of desirable features, all nestled within the secure confines of a gated community.

As you enter through the front door, the spacious layout unfolds before you, revealing a stunning dining room, an elegant staircase, and captivating views of the pool through large glass windows, all bathed in the abundant natural light that defines the Florida sun.

The heart of this home lies in its modern remodel, featuring polished oversize tile flooring throughout the main areas downstairs. The kitchen is a culinary haven, boasting high gloss cabinets, brand new appliances, and a convenient wet bar, making entertaining a breeze. The adjacent game room is a haven for family gatherings or casual movie nights, providing the perfect space for creating lasting memories.

Upstairs, the master bedroom is a sanctuary of relaxation, complete with a large walk-in double shower and a feature freestanding bath reminiscent of luxury hotels. With 6 bedrooms, an office and a bonus room, this home ensures ample space for both comfort and functionality.

The exterior is a landscaped oasis, offering a private pool and beautifully manicured yard, providing the perfect backdrop for outdoor enjoyment. Situated in the prestigious Palm Lake community, this residence is strategically located less than 5 minutes from The Grove at Windermere and the renowned Restaurant Row at Dr. Phillips. Additionally, it's just a short 10-minute drive from Sea World, Universal, and Disney, while the airport and Downtown are a mere 20 minutes away.

Not to be overlooked is the convenience of being part of a fantastic Grade A school district, making this home an ideal choice for families seeking both luxury and educational excellence. Indulge in the spa-like comfort of the bathrooms and relish in the modern elegance of this meticulously crafted home. Seize the opportunity to make this residence yours and experience the ultimate in Florida living. Schedule a viewing today!
Unit Size
4,695Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$266
Property Type
House
Property Taxes
$725
HOA Dues
$154
Year Built
1999
Last updated: 6 days ago (Stellar MLS #O6168776)

Price History

Date / Event Date Event Price
Apr 23, 2024 In contract -
In contract
Apr 10, 2024 Price Decreased $1,250,000
↓ $45K (3.5%)
Price Decreased
Mar 5, 2024 Relisted $1,350,000
Relisted
Mar 5, 2024 Price Decreased $1,295,000
↓ $55K (4.1%)
Price Decreased
Mar 5, 2024 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Garage Spaces: 3
Interior Details

Bathroom Information

Half Bathrooms: 1
Full Bathrooms: 4

Interior Information

Interior Features: Cathedral Ceiling(s), Ceiling Fans(s), Dry Bar, Vaulted Ceiling(s), Walk-In Closet(s)
Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Exhaust Fan, Refrigerator
Flooring Type: Carpet, Ceramic Tile
Laundry Features: Inside, Laundry Room

Room Information

Rooms: 4

Fireplace Information

Has Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 2
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Excellent
  • Building Quality: A
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 687
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 14,520
  • Total Building Area: 5,437
  • Gross Building Area: 5,437
  • Building Area: 4,297
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,297
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PALM LAKE
  • Land Acres: 0.333
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PALM LAKE 33/83 LOT 14

Ownership

  • Current Owner : FADDIS ERIC H
  • Current Owner 2: FADDIS TIFFANY M
  • Previous Owner : CUSACK LISA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orange County School District
  • School Tax School District: 0332
  • Census Tract: 014810

Zoning

  • Zoning: R-1AA

Geography

  • Assessors Map Reference: 72D
  • Subdivision Tract Number: 6529
  • Parcel: 22-23-28-6529-00-140
  • Lot: 14
  • Meridian: SEC 22 TWN 23S RNG 28E
  • Municipality: UN-INCORPORATED
  • Latitude: 28.4789
  • Longitude: -81.5034

    Address

  • Full Address: 8703 Crestgate Cir
  • Address - House Number: 8703
  • Address - Street Name: Crestgate
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Orlando
  • Carrier Code: C031
  • 4-Digit Zip Code: 3856
  • Zip Code: 32819

Valuation

    Tax

  • Total Area: 4,655
  • Tax Year: 2023
  • Tax Amount: $8,704
  • Tax Rate Code Area: 35-ORG

    Appraisal Valuation

  • Standard Deviation: 0.206
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 1,387,635
  • High Value: 1,673,552
  • Low Value: 1,101,718

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $1,235,000
  • First Open Lien Mortgage Lender: FIRST GREEN BANK
  • First Open Lien Mortgage Recording Date: Jun 05, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $504,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2048
  • Second Open Lien Mortgage Lender: TRUIST BANK
  • Second Open Lien Mortgage Recording Date: Jan 19, 2021
  • Second Open Lien Mortgage Loan Amount: $568,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2051
  • Third Open Lien Mortgage Lender: TRUIST BANK
  • Third Open Lien Mortgage Recording Date: Oct 22, 2021
  • Third Open Lien Mortgage Financing Type: Variable
  • Third Open Lien Mortgage Loan Amount: $163,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Third Open Lien Mortgage Loan Due Date: Oct 22, 2051

    Market Valuation

  • Market Total Value: $908,889
  • Market Land Value: $140,000
  • Market Improvement Value: $768,889

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $582,180

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 31, 2018
  • Current Sale Recording Date: Jun 05, 2018
  • Current Sale Transaction ID: 11470597975
  • Current Sale Price: $630,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20180327494
  • Previous Sale Recording Date: Dec 01, 2016
  • Previous Sale Contract Date: Dec 01, 2016
  • Previous Sale Amount: $100
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST GREEN BANK
  • First Mortgage Transaction Date: Jun 05, 2018
  • First Mortgage Loan Amount: $504,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jun 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
6 Baths
4,397 ft²
$281/ft²
$1,235,000 Feb 15, 2024
$1,235,000 Apr 19, 2024
$953/mo
House
5 Beds
4 Baths
3,794 ft²
$303/ft²
$1,150,000 May 5, 2023
$1,150,000 Jun 8, 2023
$852/mo
House
4 Beds
4 Baths
3,698 ft²
$311/ft²
$1,150,000 Apr 28, 2023
$1,150,000 Jul 17, 2023
$851/mo
House
5 Beds
5 Baths
4,179 ft²
$359/ft²
$1,500,000 Apr 22, 2024
-
$1,475/mo
House
5 Beds
5 Baths
3,948 ft²
$304/ft²
$1,199,000 Mar 3, 2024
-
$1,207/mo

About Palm Lake


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Frequently Asked Questions

When was property at 8703 Crestgate Circle built and last sold?
The property at 8703 Crestgate Circle was built in 1999 and last sold on May 31, 2018 for $630,000.
How much is this home worth?
The estimated value of the home located at 8703 Crestgate Circle is $1,262,500.
What are some comparable homes to 8703 Crestgate Circle?
Homes that are comparable to 8703 Crestgate Circle include a house property at 8648 Summerville Place, 5337 Foxshire Court, 8752 Crestgate Circle.

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