by RH Advisors

See Home Value
$1,432,500
House - Off Market

8703 PALM LAKE DRIVE

ORLANDO, FL 32819
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4646 Sqft
$1,569,141
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

DR. PHILLIPS DREAM POOL HOME!!! Situated on over half on acre of privately gated and beautifully landscaped property, this custom built and extensively updated residence with 5BR/4.5BA and an office is a rare find and has NO HOA. That is correct, NO HOA. This exceptionally appointed home has remarkable features throughout including: a sprawling open floor plan, 4,646 SqFt of LIVING AREA and nearly 6,000 SqFt under roof, 5 bedrooms, 4 full bathrooms (including a pool bath), 1 half bathroom, formal living room, formal dining room, family room with gas fireplace, upstairs living area, additional upstairs master suite, study with built-in cabinetry, eat-in gourmet kitchen with Silestone Quartz counters & walk-in pantry, 17x22 GROUND FLOOR Master Bedroom Suite with French doors opening to the screened lanai, a spa-inspired master bathroom, and large dual master closets.  The impressive list of features continues with: ENERGY-EFFICIENT Double Pane Windows, travertine flooring, solid wood doors, coffered ceilings, crown moulding, custom closets (throughout), brick paver driveway, tankless propane water heater, barrel tile roof, smart locks & thermostats, 3 car garage, fully fenced backyard with 6 foot privacy fence and dual gates. Surrounded by lush and manicured mature landscaping, the expansive patio is a private retreat equipped with a pool and rock waterfall, spa, brick pavers AND a fully equipped summer kitchen with grill, sink, refrigerator, & built-in ice maker. Incredible proximity to I-4, shopping & dining, Restaurant Row, Universal Studios, Volcano Bay, Islands of Adventure and all the Orlando attractions. Zoned for Palm Lake Elementary School, Chain of Lakes Middle School, & Dr. Phillips High School.  A TRULY WONDERFUL PLACE TO CALL HOME!!!
Unit Size
4,646Ft²
Days on Market
136 days
Land Size
0.51 acres
Price per sqft
$339
Property Type
House
Property Taxes
$1,007
HOA Dues
-
Year Built
2005
Last updated: 7 months ago (Stellar MLS #P4925792)

Price History

Date / Event Date Event Price
Oct 4, 2023 Sold to Danilo P Santana, Freitas S... $1,432,500
Sold to Danilo P Santana, Freitas S...
Aug 16, 2023 In contract -
In contract
May 19, 2023 Listed by THE K TEAM REAL ESTATE SERVICES LLC $1,575,000
Listed by THE K TEAM REAL ESTATE SERVICES LLC
May 1, 2018 Sold $885,000
Sold
Jul 8, 2017 Listed by THE K TEAM REAL ESTATE SERVICES LLC $949,000
Listed by THE K TEAM REAL ESTATE SERVICES LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • 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
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 804
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 22,134
  • Total Building Area: 5,999
  • Gross Building Area: 5,999
  • Building Area: 4,426
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,426
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PALM LAKE MANOR
  • Land Acres: 0.508
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PALM LAKE MANOR T/29 THE E 110 FT OF THE W 316 FT OF LOT 9 BLK A

Ownership

  • Current Owner : SANTANA DANILO P
  • Current Owner 2: DE FREITAS SANTANA
  • Previous Owner : SJS INVESTMENT ENTERPRISES LLC
  • Owner Before Previous Owner: AXELROD MAC S
  • Owner Before Previous Owner 2: AXELROD JULIE D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Orange County School District
  • School Tax School District: 0332 3441
  • Census Tract: 014810

Zoning

  • Zoning: RSTD R-1AA

Geography

  • Assessors Map Reference: 72D
  • Subdivision Tract Number: 6560
  • Parcel: 22-23-28-6560-01-092
  • Block: A
  • Lot: 9
  • Meridian: SEC 22 TWN 23S RNG 28E
  • Municipality: UN-INCORPORATED
  • Latitude: 28.4776
  • Longitude: -81.5005

    Address

  • Full Address: 8703 Palm Lake Dr
  • Address - House Number: 8703
  • Address - Street Name: Palm Lake
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Orlando
  • Carrier Code: C031
  • 4-Digit Zip Code: 3813
  • Zip Code: 32819

Valuation

    Tax

  • Total Area: 4,932
  • Tax Year: 2023
  • Tax Amount: $13,619
  • Tax Rate Code Area: 35-ORG

    Appraisal Valuation

  • Standard Deviation: 0.1682
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 78
  • Final Value: 1,250,625
  • High Value: 1,461,018
  • Low Value: 1,040,231

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,032,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 04, 2023
  • First Open Lien Mortgage Loan Amount: $1,032,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2053

    Market Valuation

  • Market Total Value: $903,924
  • Market Land Value: $170,000
  • Market Improvement Value: $733,924

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $903,924
  • Assessed Land Value: $170,000
  • Assessed Improvements Value: $733,924

    Sales

  • Current Sale Contract Date: Oct 02, 2023
  • Current Sale Recording Date: Oct 04, 2023
  • Current Sale Transaction ID: 11914211299
  • Current Sale Price: $1,432,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 571215
  • Previous Sale Recording Date: May 01, 2018
  • Previous Sale Contract Date: Apr 27, 2018
  • Previous Sale Amount: $885,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 04, 2023
  • First Mortgage Loan Amount: $1,032,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: PINEHURST CAPITAL LLC
  • Previous Mortgage Transaction Date: May 01, 2018
  • Previous Mortgage Loan Amount: $531,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: May 01, 2023



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
6 Baths
4,530 ft²
$397/ft²
$1,800,000 Jul 20, 2023
$1,800,000 Sep 29, 2023
$1,118/mo
House
4 Beds
5 Baths
4,298 ft²
$361/ft²
$1,550,000 Mar 24, 2023
$1,550,000 Aug 22, 2023
$1,376/mo
House
5 Beds
5 Baths
4,545 ft²
$292/ft²
$1,325,000 Sep 28, 2023
-
$666/mo
House
4 Beds
4 Baths
4,107 ft²
$312/ft²
$1,280,000 Jul 20, 2023
-
$709/mo
House
7 Beds
7 Baths
4,636 ft²
$301/ft²
$1,395,000 Aug 17, 2023
-
$1,447/mo

About Palm Lake Manor


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Frequently Asked Questions

When was property at 8703 Palm Lake Drive built and last sold?
The property at 8703 Palm Lake Drive was built in 2005 and last sold on Oct 2, 2023 for $1,432,500.
How much is this home worth?
The estimated value of the home located at 8703 Palm Lake Drive is $1,536,989.
What are some comparable homes to 8703 Palm Lake Drive?
There are currently no comparable homes to 8703 Palm Lake Drive.

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