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$816,404Estimated home value

Beds
5
Baths
4.0
sq ft
3,768

1875 Merlot Dr, Sanford, FL 32771

1875 Merlot Dr

SANFORD, FL 32771

  • Sold On 9/24/2024
Stunningly updated home with spectacular conservation views - that will never change. This high-end 5-bedroom, 4-bathroom home is available in the sought after Buckingham Estates in Sanford, FL. As you enter the 24-hour guard gated community you are surrounded by nature. The residence spans 3,764 square feet of thoughtfully designed space with an exquisite blend of elegance and functionality. 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. Spectacular! At the heart of the home is the chef's kitchen, complete with stainless steel appliances (new stove and dishwasher), a large island, 42-inch cabinets, designer backsplash tile and stunning countertops. Did we mention the large custom pantry with Elfa shelves, counters and drawers. The kitchen seamlessly flows into the breakfast nook and family room, creating an open and inviting atmosphere. On the 1st floor you'll find an office, formal living and dining rooms, kitchen, breakfast nook, pantry, family room and a two-bedroom wing with bath. The 2nd floor includes an additional roomy bedroom and bath with two bonus rooms for play. The primary suite is a true retreat, featuring a large bedroom, custom Elfa design closet with a beautiful chandelier, and an exquisitely designed bath with a soaking tub, separate shower and coffee bar (with refrigerator). And the remaining bedrooms are generous in size and all include ample closet space. Step outside to the Lani, where relaxation awaits. A large screened enclosure houses a designer saltwater pool with spa, perfect for unwinding after a long day. Additional Amenities include, oversized 3-car garage with Elfa built-ins providing ample storage; and upgraded landscaping. Plus, the home is located in a highly rated school system. Situated in a sought-after community, this residence offers easy access to major thoroughfares including I-4, SR 46, SR 429, SR 417, and nearby Orlando, providing effortless connectivity to premier shopping, dining, amusement parks and entertainment destinations. Located just steps off the Seminole Wekiva Walking Trail and minutes from all the wonderful amenities that the Sanford | Lake Mary area has to offer! Experience the epitome of refined living in this hidden gem of a community. Don't miss the opportunity to make this exceptional property your own. Schedule a showing today and experience luxury living in a prime location!

Details

Property type

Single Family Residence

Est. home value

$816,404

Lot size

0.27 acres

Price per sq ft

$287

Year built

2004

Annual property taxes

$6,573.44

Monthly HOA fee

$181.67

Price History

09/20/2024
StellarMLS

StellarMLS #O6209323

Sold
$950,000
-12.04%
08/25/2024
StellarMLS

StellarMLS #O6209323

Pending
$1,080,000
07/08/2024
StellarMLS

StellarMLS #O6209323

Listed
$1,080,000

Schools & Community

Elementary school: 

Wilson Elementary School

Middle school: 

Markham Woods Middle

High school: 

Seminole 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

$678,671
Asking price
$1,080,000
Closing costs (~8% of asking)
-$86,400
Est. remaining loan balance
-$314,929
Cash to seller
$678,671

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2021

Original loan amount

$341,800

Est. remaining balance

$314,929

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Cathlynn J M Nigh and Raymond Biondo

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: Off Market

Tomo last checked: 10/05/2024 at 10:20 PM

Listing updated: 09/24/2024 at 7:35 AM

Listed by: Lou Kloppe, ABSOLUTE REALTY GROUP, LLC Phone #: (407) 673-1400

MLS: StellarMLS #O6209323

StellarMLS logo

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