tomo logo

$1,549,900

Beds
5
Baths
4.0
sq ft
4,370

1220 Lake Mills Rd, Chuluota, FL 32766

1220 Lake Mills Rd

CHULUOTA, FL 32766

  • 214 days on market
    • Price drop $100,000↓
JUST REDUCED!!! Welcome to 1220 Lake Mills Road, a stunning 5-acre oasis in Chuluota, offering a rare combination of luxury and privacy with NO HOA! This custom-built home features nearly 4,400 sq. ft. of elegant living space, exceptional detailing and is located just 35 minutes from Orlando International Airport and close to Oviedo and Winter Park’s A-rated schools! Inside, you'll find 5 bedrooms (or optional office/flex space), 4 full baths, a bonus room, and a home theater. The gourmet kitchen, soaring ceilings, and downstairs primary suite with an en-suite bath and oversized walk-in closet add to the home's charm and appeal. Car, RV and boating enthusiasts will love the 3,100+ sq. ft. 52 ft x 60 ft. detached garage, complete with three 14x12 front doors and a 12x12 rear door to accommodate a future lift. This significant space with 16 foot high ceilings could also be converted for multi-generational living. The attached three-car garage also includes electric vehicle charging and ample storage space allowing for space to accommodate 12 cars between the two garages. The property features additional storage sheds, a private pond, and ATV trails, making it ideal for outdoor adventure. Additional amenities include a whole-home generator, security cameras, and a newer water filtration system. With convenient access to major highways, A-rated schools, local beaches, shopping, and Orlando's top attractions, this beautiful home offers an unparalleled lifestyle. Schedule your private tour today and experience the best of East Orlando living!

Details

Property type

Single Family Residence

Est. home value

$1,488,121

Lot size

5.12 acres

Price per sq ft

$355

Year built

2004

Annual property taxes

$15,429

HOA

No

Price History

09/10/2024
StellarMLS

StellarMLS #O6193159

Price change
$1,549,900
-6.06%
08/02/2024
StellarMLS

StellarMLS #O6193159

Price change
$1,649,900
-2.89%
05/11/2024
StellarMLS

StellarMLS #O6193159

Price change
$1,699,000
-2.86%

Schools & Community

Elementary school: 

Walker Elementary

Middle school: 

Chiles Middle

High school: 

Hagerty High

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$381,454
Asking price
$1,549,900
Closing costs (~8% of asking)
-$123,992
Est. remaining loan balance
-$1,044,454
Cash to seller
$381,454

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

July 2022

Original loan amount

$1,080,000

Est. remaining balance

$1,044,454

Interest rate

5.23%

Loan type

New Conventional, 30 year

Seller

Jeremy Thompson and Keri Thompson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/05/2024 at 5:55 AM

Listing updated: 10/30/2024 at 4:51 PM

Listed by: Jules Soapes, COMPASS FLORIDA LLC Phone #: (407) 203-9441

MLS: StellarMLS #O6193159

StellarMLS logo

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