tomo logo

$750,000

Beds
5
Baths
3.0
sq ft
3,375

148 Ross Lake Ln, Sanford, FL 32771

148 Ross Lake Ln

SANFORD, FL 32771

  • 115 days on market
    • Price drop $15,000↓
Come to Seminole County, “Florida's Natural Choice,” and discover your refuge, nestled on a sprawling 1.14 wooded acre lot near the parks, forests, and lakes that make up the real Florida. Now offered at $750,000, it's well-below its recent appraised price. This five bedroom, (with the potential for a sixth), three bathroom residence is conveniently located in the desirable Markham Corridor. Inside, discover a 3,375sq ft. home that features stunning slate and wood floors, vaulted ceilings, a large great room and the convenience of the primary bedroom and bath downstairs. Step outside and enjoy your own private oasis in the sparkling pool and private lot or relax and refresh on your upstairs deck. Also, your large lot offers flexibility for future additions or secondary structures. This is more than just a home; it's an investment in a rapidly appreciating area. It will give you the freedom to create your dream home with the freedom and at the same time provide you with immediate equity in an area where comparable properties command significantly higher prices. It's prime location in a beautiful area offers easy access to the 429 Beltway, kayaking on the Wekiva River, and the vibrant downtowns of Sanford, Heathrow and Lake Mary. Don't miss out on your chance to transform this house into your castle.

Details

Property type

Single Family Residence

Est. home value

$749,946

Lot size

1.02 acres

Price per sq ft

$223

Year built

1986

Annual property taxes

$3,790

Monthly HOA fee

$20.83

Price History

04/02/2025
StellarMLS

StellarMLS #O6260899

Price change
$750,000
-1.96%
03/27/2025
StellarMLS

StellarMLS #O6260899

Price change
$765,000
-3.15%
03/12/2025
StellarMLS

StellarMLS #O6260899

Price change
$789,900
-0.63%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Markham Woods Middle

High school: 

Seminole High

Seller’s Loan History

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

Lender

Synergy One Lending

Loan start date

March 2017

Original loan amount

$667,500

Est. remaining balance

Not provided

Interest rate

4.17%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage)

Seller

William D Marks and Martha Hall

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: 04/03/2025 at 12:10 PM

Listing updated: 04/02/2025 at 3:55 PM

Listed by: Shannon Kitchens, PLATINUM PROPERTIES BY BECK LLC Phone #: (321) 277-3387

MLS: StellarMLS #O6260899

StellarMLS logo

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