tomo logo

$2,495,000

Beds
5
Baths
5.5
sq ft
5,810

641 Lake Catherine Dr, Maitland, FL 32751

641 Lake Catherine Dr

MAITLAND, FL 32751

  • 195 days on market
    • Price drop $85,000↓
Nestled on the shore of Lake Catherine, this light-infused modern pool home was built in 2019. Boasting 5,810 SF of well-appointed space, on an elevated site, this home includes 5 bedrooms & 5 1/2 bathrooms. Once inside, the voluminous ceilings & flawless attention to detail used to execute the design are immediately appreciated. The sleek lines, natural sunlight & neutral color palette are coveted & arguably the most timeless design approach. The open floor plan is enhanced by the consistent design selections including the large-scale porcelain tile, paint color & repeating elements that create a natural flow between the spaces as well as unity & cohesion throughout. The current owner furnished the front of the home for general living & entertaining w/ a 2-sided, wood-burning fireplace that visually divides the living from the dining. The chic powder bath w/ a modern pedestal sink, linear mirror & textured tone-on-tone tile is a convenient but hidden gem. Beyond the living & dining space is the swoon-worthy kitchen that is as bewitching as it is functional. A hidden sliding door system allows the kitchen to transition from open & inviting to separated for privacy w/ a gentle tug. The clean lines & streamlined appearance of this largely monochromatic space are softened by natural wood tones, large windows & skylights. Open shelving leverages vertical wall space & serves as a place to store both decor & kitchen necessities. Stainless steel appliances include a refrigerator, dishwasher, induction cooktop w/ vent hood, built-in oven, microwave & coffee maker. The clever cabinet design features a cupboard door that is the hidden entry point to the scullery & laundry room featuring a sink, tremendous storage, working countertop space, washer, dryer & more. Privacy is ensured through the soft entry of the primary suite, also located on the main level of the home, where peaceful lake views are enjoyed through the extensive windows of the spacious bedroom. The primary bathroom features a floating vanity w/ double sinks, a stand-alone jetted tub, a wall-mounted & heated towel rack as well as a walk-in shower finished w/ floor-to-ceiling tile, a glass enclosure & multiple shower heads. The closet is dreamy w/ luxury, floor-to-ceiling organization. Finishing off the 1st floor are 2 finely appointed bedrooms w/ en-suite bathrooms & an office. One suite could be described as an alternate primary including an exterior entrance & covered patio overlooking the pool & lake. The dramatic floating stairwell was custom designed & fabricated w/ a vertical lined wood backdrop & glass railing. The same glass railing style was installed at the pool deck, 1st-floor patio & 2nd-floor entertaining deck. The 2nd level of the home consists of 2 ample beds & baths, a bonus room & gym. The smart design offers the option to separate the back suite if desired. The property has an estate-like feel, partly due to the sizable lot & rear “family” entrance through the electric privacy gate. A paver covered drive leads to the 2-car garage, rear yard & deep rear patio. At the front of the home, enjoy swimming in the pool, dining on the deck or paddle boarding on Lake Catherine. An entirely reconstructed dock extends over the lake, which is covers roughly 21 acres. The location is convenient to Maitland City Center, Winter Park’s Park Avenue as well as all the major roads & thoroughfares. Make this charming lakefront sanctuary in the city your new home.

Details

Property type

Single Family Residence

Est. home value

$2,697,601

Lot size

1.17 acres

Price per sq ft

$430

Year built

2019

Annual property taxes

$31,027

Price History

07/11/2024
StellarMLS

StellarMLS #O6204701

Price change
$2,495,000
-3.29%
05/15/2024
StellarMLS

StellarMLS #O6204701

Listed
$2,580,000
+22.86%
12/08/2021
StellarMLS

StellarMLS #O5959405

Sold
$2,100,000
+230.71%

Schools & Community

Elementary school: 

Lake Sybelia Elem

Middle school: 

Maitland Middle

High school: 

Edgewater 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

$719,231
Asking price
$2,495,000
Closing costs (~8% of asking)
-$199,600
Est. remaining loan balance
-$1,576,169
Cash to seller
$719,231

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

Seller’s Loan History

Lender

Bell Bank

Loan start date

December 2021

Original loan amount

$1,680,000

Est. remaining balance

$1,576,169

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Vahid Ghaffari and Sepideh Ghaffari

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: 11/26/2024 at 12:40 PM

Listing updated: 08/26/2024 at 5:29 AM

Listed by: Padgett McCormick, KELLY PRICE & COMPANY LLC Phone #: (407) 645-4321

MLS: StellarMLS #O6204701

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Recently listed in MAITLAND