MOTIVATED SELLERS! PRICE IMPROVEMENT!!!! This home won't last at this price! Walk into this gorgeous home with Equity in your pocket! Home RECENTLY APPRAISED at $1,200,000! Discover luxury living in this completely renovated, move-in ready 1-story home located in the Popular And Prime location of Winter Park! You won't believe all this home has just from looking at it from the outside! This property boasts a unique combination of comfort and luxury. This 3834 sq ft property features 4 spacious bedrooms and 3 renovated bathrooms, offering modern fixtures and finishes. With engineered wood floors throughout it adds a feeling of warmth and elegance! The chef’s kitchen is a culinary delight, featuring light cabinets, quartz countertops, and newer stainless steel appliances. The extended-length island with bar-height seating is ideal for casual meals and entertaining! Both Formal and Informal living and Dining Spaces make this the perfect home for entertaining! Large informal living Room Features a gorgeous brick fireplace to cozy up to while watching Movies with loved ones! In addition, this home has an expansive enclosed patio perfect for pool table and/or sitting area! a great way to enjoy the Florida indoor/outdoor lifestyle! Bonus work out room/flexspace located next to enclosed patio! Perfect for the car enthusiast, a unique 4-CAR GARAGE configuration, with a 2-car garage attached to the front of the house AND an oversized 2-car garage at the back , including a large storage area on the side. Set on nearly 15,000 sq ft of beautifully landscaped grounds, this home provides ample space for outdoor enjoyment! Located where Winter Park meets College Park, this home is ideally located near downtown Orlando and just minutes from Dubsdread Golf Course. Enjoy the convenience of being a short 20-30 minute drive to Universal Studios, Disney World, Rollins College and the University of Central Florida (UCF).Experience the finest in modern living with this exquisite property in Winter Park. Schedule your private tour today and make this dream home yours!
This property is $421K more than the Median Sold Price and $56/SqFt less than other homes in Winter Park, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #O6216744
Listing Office:
Office Name: KELLER WILLIAMS WINTER PARK
Office Phone: (407) 545-6430
Listing Agent: Farah Bloom
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/22/2024, 10:49:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$6,804
$404,677
2018
$6,668
$388,203
2017
$6,583
$380,218
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,559
Per Month
Principal & Interest
$4,492
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,765
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Killarney Elementary School
2401 Wellington Blvd
Distance between this listing and this school0.67 miles
Public District Grades PK-5
7
/10
Princeton Elementary School
311 W Princeton St
Distance between this listing and this school1.09 miles
Public District Grades KG-5
2
/10
Lake Silver Elementary School
2401 N Rio Grande Ave
Distance between this listing and this school1.69 miles
Public District Grades PK-5
Nearby Schools
3
/10
College Park Middle School
1201 Maury Rd
Distance between this listing and this school1.20 miles
Public Magnet Grades 6-8
10
/10
Orlando Gifted Academy
1121 N Fern Creek Ave
Distance between this listing and this school2.09 miles
Public Magnet Grades 1-8
8
/10
Audubon Park School
1500 Falcon Dr
Distance between this listing and this school2.35 miles
Public District Grades PK-8
Nearby Schools
4
/10
Edgewater High School
3100 Edgewater Dr
Distance between this listing and this school0.87 miles
Public Magnet Grades 9-12
6
/10
Ocvs Virtual Franchise
1600 Silver Star Rd
Distance between this listing and this school1.69 miles
Public District Grades KG-12
10
/10
Orlando Science Middle High Charter
2427 Lynx Ln
Distance between this listing and this school2.32 miles
The neighbors living near this home have an average income of $73,288. Most Winter Park, FL residents have annual incomes between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1223 Formosa Ave
What is the listing price of this property?
The listing price of 1223 Formosa Ave property is $900,000.
What type of property is this?
The property 1223 Formosa Ave is a house located in Winter Park, Florida, 32789.
Is this property for sale now?
Active Listing: 1223 Formosa Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $6,804 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 1223 Formosa Ave has 4 bedrooms and 3 bathrooms.
What is the square footage of this property?
The property 1223 Formosa Ave is 3,834 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1223 Formosa Ave is 1940.
This home is located at 1223 Formosa Ave in Winter Park, FL and zip code 32789 in the College Park neighborhood. This 3,834 square foot home, which was built in 1940, sits on a 0.34 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 21, 2024 and is currently priced at $900,000.
Over 8 listings were sold over their listed price in October 2024 in Winter Park, FL. In the same period over 49 listings were sold below the listed price and 11 listings were sold for the listed price. The inventory of homes for sale in Winter Park, FL between September 2024 and October 2024 increased by 2.5%. While the average time on the market in October 2024 was 48 days, the median list price was $478,990.
From Rocket Homes Real Estate and based on county public records data.