tomo logo

$999,999

Beds
5
Baths
4.0
sq ft
3,764

1869 Merlot Dr, Sanford, FL 32771

1869 Merlot Dr

SANFORD, FL 32771

  • 114 days on market
    • Price drop $125,001↓
MAJOR PRICE IMPROVEMENT! Welcome to this gorgeous modern 5 Bedroom, 4 Bath, an Office, a Loft/Bonus Room/Playroom, Media Room/Theater, 3 car garage and a pool. This home is in a 24 hour guarded/gated community of Buckingham Estates that is loaded with lots of upgrades! As you enter the foyer, through the beautiful living room with trey ceilings, crown molding to breathtaking views of the lanai, custom saltwater pool, and expansive views of nature. This spacious 3-way split floor plan includes an Office, upstairs Bonus Room and Media Room that is wired for home theater, 3 car garage (with electric car hookup), Crown Molding, French Doors, Shutters and Built-in Shelving. It has been meticulously maintained and has many features that are desired by today’s modern technological buyer. It boasts built-in iPads, Alexas and Wi-Fi controlled features. The large master bedroom opens onto the newly screened (2021) Lanai with Solar Heated saltwater pool (built in 2015), Outdoor Summer Kitchen and Red Cedar Pergola (2018) offering Stainless Steel Grill, Exhaust Hood, Refrigerator and Sink(with Hot/Cold Water), private backyard conservation views, Architectural Roof (2015), New Solar System (2023), that reduced the monthly Electric Bill tremendously, New Paint all over. The Master Bath offers plenty of space from the large walk-in shower, dual sinks, separate vanity and a walk-in closet. The living room and kitchen are in the center of the home, perfect for entertaining guests. The large kitchen features extensive cabinetry, Wine Rack, large central Island, wall mounted convection oven and Microwave, Gas Cooktop and Granite Countertops. Other upgrades include engineered hardwood floors, audio/visual surveillance, Central Vacuum, Gutters, Landscape Lighting, separate water meter for irrigation and more! This is easy living with four of the five bedrooms, including the primary bedroom, on the first floor. Buckingham Estates residents enjoy a 24-hour guard-gated entrance, a community clubhouse and a community swimming pool. Immediate access to Interstate 4 and the 429/417 beltways brings all of central Florida within easy reach, including regional hospitals, Orlando and Sanford airports, attractions, beaches, local golf and country clubs, and everyday shopping needs. Seminole County is rated #1 in Florida for schools and offers an amazing lifestyle.Call me to view the house. There is SO MUCH TO SEE!!

Details

Property type

Single Family Residence

Est. home value

$877,783

Lot size

0.27 acres

Price per sq ft

$266

Year built

2005

Annual property taxes

$9,206

Monthly HOA fee

$198.33

Price History

03/26/2025
StellarMLS

StellarMLS #O6257415

Price change
$999,999
-11.11%
02/21/2025
StellarMLS

StellarMLS #O6257415

Price change
$1,125,000
-10%
12/10/2024
StellarMLS

StellarMLS #O6257415

Listed
$1,250,000
+59.24%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Markham Woods Middle

High school: 

Seminole High

Community features: 

Gated, Playground, Pool, Sidewalks

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

$334,238
Asking price
$999,999
Closing costs (~8% of asking)
-$80,000
Est. remaining loan balance
-$585,761
Cash to seller
$334,238

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

Seller’s Loan History

Lender

American Pacific Mortgage Corp

Loan start date

January 2022

Original loan amount

$628,000

Est. remaining balance

$585,761

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Alfredo Angel Pegoraro and Phuong Hong Pegoraro

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 12:05 PM

Listing updated: 03/28/2025 at 1:10 PM

Listed by: Kusam Bahl, COLDWELL BANKER REALTY Phone #: (407) 333-8088

MLS: StellarMLS #O6257415

StellarMLS logo

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