2 months on rocket

7340 Lake Dr, Sanford, FL, 32771

$350,000

Home List Price

$4,156*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,220 SqFt
$287/SqFt
House

Location

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7340 Lake Dr, Sanford$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1974
HeatingElectric
CoolingCentral Air
MLS #O6248912
Lot Size0.32 Acres
StatusActive

About 7340 Lake Dr

Price improvement. Beautiful 3 bed/1.5 bath home in Lake Sylvan Estates that boasts no HOA. Houses in this neighborhood rarely come on the market and they don't last long when they do! As you walk through the front door, you enter into a massive great room that would accommodate a large gathering. The house has 7 ceiling fans and new luxury vinyl throughout. Indoor laundry, electric on-demand Rheem water heater, roof replaced in 2018 and electric panel upgraded in 2022. Oversized screened back porch that has 3 ceiling fans and is over 400 sq ft overlooking a large backyard.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1974
  • Living Area: 1,220 SqFt

Listing Office:

  • Office Name: LOVETT REALTY LLC
  • Listing Agent: Jeri Anne Lovett

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Tankless Water Heater, Water Softener
  • Flooring Type: Tile, Vinyl
  • Interior: Ceiling Fans(s), Thermostat, Walk-In Closet(s), Window Treatments

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Private Mailbox, Storage

Lot Features

Lot Information:

  • Lot: Level, Oversized Lot, Paved
  • Lot Size: 0.32 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: I-4 East from Altamonte, exit 98 towards Heathrow. Turn slight Left onto W Lake Mary Blvd, Right onto Markham Woods Rd, Left onto Markham Rd, Right onto Lake Markham Rd, Right onto Lake Dr.

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
  • Price Per SqFt: $287/SqFt

Tax Information:

  • Annual Amount: $1,370
  • Tax Year: 2020
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Housing Market Comparison

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

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Sanford, FL

City

Med. Sold Price

$365K

Med. Price/SqFt

$223

Avg. Days On Market

46

# of Sold Homes

61

7340 Lake Dr vs Sanford

62 DAYS ON ROCKET

+16 Days

$350,000

-$15K Less

$287/SqFt

+$63 More

KEY TAKEAWAY

This property is $15K less than the Median Sold Price and $63/SqFt more than other homes in Sanford, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #O6248912

Listing Office:

  • Office Name: LOVETT REALTY LLC
  • Listing Agent: Jeri Anne Lovett

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: 12/18/2024, 7:19:50 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

May 12, 2015Home Sold
$119,900

Tax History

YEARPROP. TAXASSESSMENT
2020$1,370$120,931
2018$1,328$116,008
2017$1,313$113,622

History based on county public records data.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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-4441474
9
/10

  • Wilson Elementary School

  • 985 Orange Blvd

  • 1.68 miles

  • Public District Grades KG-5

school-card-donut-4441475
9
/10

  • Heathrow Elementary School

  • 5715 Markham Woods Rd

  • 1.77 miles

  • Public District Grades KG-5

school-card-donut-4441476
4
/10

  • Bentley Elementary School

  • 2190 S Oregon Ave

  • 3.69 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $136,548. Residents of Sanford, FL typically earn between $100k-200k each year. Most families are married, with kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7340 Lake Dr

What is the listing price of this property?

The listing price of 7340 Lake Dr property is $350,000.

What type of property is this?

The property 7340 Lake Dr is a house located in Sanford, Florida, 32771.

Is this property for sale now?

Active Listing: 7340 Lake Dr 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 $1,370 (source: MLS/based on county public records data).

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

The last sale was on May 12, 2015 for $119,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7340 Lake Dr has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 7340 Lake Dr is 1,220 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7340 Lake Dr is 1974.

Rocket Homes›Florida›Seminole County›Sanford›32771›7340 Lake Dr

This home is located at 7340 Lake Dr in Sanford, FL and zip code 32771 in the Lake Sylvan Estates neighborhood. This 1,220 square foot home, which was built in 1974, sits on a 0.32 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $350,000.

While more than 8 listings in Sanford, FL in November 2024 were sold above asking price, there were more than 13 listings sold at asking price, and more than 40 were sold below. The number of homes for sale in Sanford, FL decreased by 2.2% between October 2024 and November 2024. Listings spent 46 days on the market in November 2024, and had a median list price of $365,000 during the same period.

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

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