3 months on rocket

503 N Summerlin Ave, Orlando, FL, 32803

$1,499,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
2 Full Baths, 2 Partial
4,320 SqFt
$347/SqFt
House

Location

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503 N Summerlin Ave, Orlando$1,499,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage Door Opener, Guest, On Street
Attached Garage2 spaces
Year Built2007
HeatingCentral
CoolingCentral Air
MLS #O6234002
Lot Size0.21 Acres
StatusActive

About 503 N Summerlin Ave

Discover a rare opportunity to own a unique, gated compound in the heart of the Lake Eola Heights historic district. Situated on the corner of East Amelia Street and North Summerlin Avenue, this property spans two parcels with the opportunity to turn into one large property or a great investment property with two high-end rentals. The possibilities are endless at the Summerlin/Amelia compound! Built in 2007, "Cottage Way" consists of two custom-designed structures, carefully crafted to meet the highest standards of quality and historic charm, as recognized by the National Preservation and Historic Board. The cornerstone of Cottage Way is a 2,300-square-foot Spanish Mediterranean home, with distinctive elevation, high ceilings, and an expansive feel throughout. This home offers an array of luxurious features including a two-floor Otis elevator with a full shaft, a wood-burning fireplace, travertine tile, a custom staircase, a Sub-Zero refrigerator, and more. The second-floor balcony provides stunning views of the historic neighborhood, making this property a dream for professionals seeking an office, studio, or creative flex space. The second parcel, facing East Amelia Street, is a charming Craftsman-style home with a spacious front porch and exquisite interior woodwork. The living room centers around a wood-burning brick fireplace with a wooden mantle, creating a warm and inviting atmosphere. The home boasts a 400-square-foot wardrobe room, a luxurious master bath with a jacuzzi tub and multi-head shower, and a master suite featuring a built-in bar with a custom wine rack, sink, and fridge, leading to a versatile theater loft space. This property offers the perfect blend of luxury living and creative workspace. Don’t miss out on this exceptional opportunity—schedule your appointment today. The sellers are motivated!

Property Details

Property Features

Property Information:

  • Architectural Style: Key West, Mediterranean
  • Year Built: 2007
  • Living Area: 4,320 SqFt

Listing Office:

  • Office Name: OLDE TOWN BROKERS INC
  • Listing Agent: Maria Blanchard

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Flooring Type: Carpet, Marble, Wood
  • Interior: Ceiling Fans(s), Central Vaccum, Crown Molding, Elevator, Stone Counters, Thermostat, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Courtyard, Outdoor Shower, Sidewalk

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage Door Opener, Guest, On Street

Lot Features

Lot Information:

  • Lot: Bricked Street
  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From I4 head East on E Colonial Drive, Turn right on N Summerlin Ave, turn left on E Amelia St. Home is immediately on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,499,000
  • Price Per SqFt: $347/SqFt

Tax Information:

  • Annual Amount: $8,310
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Orlando, FL.

Med. Sold Price

$393.9K

Med. Price/SqFt

$243

Avg. Days On Market

56

# of Sold Homes

571

503 N Summerlin Ave vs Orlando

119 DAYS ON ROCKET

+63 Days

$1,499,000

+$1.1M More

$347/SqFt

+$104 More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $104/SqFt more than other homes in Orlando, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #O6234002

Listing Office:

  • Office Name: OLDE TOWN BROKERS INC
  • Listing Agent: Maria Blanchard

IDX 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.

IDX 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: 12/22/2024, 9:19:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 23, 2013Home Sold
$480,000
Mar 21, 2006Home Sold
$279,900
Feb 24, 2005Home Sold
$385,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,310$441,574
2018$8,418$436,383
2017$8,047$412,777

History based on county public records data.

Payment Calculator

$7,549

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,561

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.

Nearby Schools

school-card-donut-940389
9
/10
  • Hillcrest Elementary School

  • 1010 E Concord St

  • 0.19 miles

  • Public Magnet Grades PK-5

school-card-donut-940390
7
/10
  • Princeton Elementary School

  • 311 W Princeton St

  • 1.80 miles

  • Public District Grades KG-5

school-card-donut-940391
7
/10
  • Rock Lake Elementary School

  • 408 N Tampa Ave

  • 2.33 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,379. The majority of Orlando, FL residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 503 N Summerlin Ave

What is the listing price of this property?

The listing price of 503 N Summerlin Ave property is $1,499,000.

What type of property is this?

The property 503 N Summerlin Ave is a house located in Orlando, Florida, 32803.

Is this property for sale now?

Active Listing: 503 N Summerlin 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 $8,310 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 23, 2013 for $480,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 503 N Summerlin Ave has 5 bedrooms and 2 full and 2 half bathrooms.

What is the square footage of this property?

The property 503 N Summerlin Ave is 4,320 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 503 N Summerlin Ave is 2007.

Rocket Homes›Florida›Orange County›Orlando›32803›503 N Summerlin Ave

This home is located at 503 N Summerlin Ave in Orlando, FL and zip code 32803 in the Lake Eola Heights neighborhood. This 4,320 square foot home, which was built in 2007, sits on a 0.21 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 24, 2024 and is currently priced at $1,499,000.

Over 79 listings were sold over their listed price in November 2024 in Orlando, FL. In the same period over 374 listings were sold below the listed price and 118 listings were sold for the listed price. The number of listings in Orlando, FL increased by 1.2% between October 2024 and November 2024. In November 2024, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $393,946.

From Rocket Homes Real Estate and based on county public records data.

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