16028 Blossom Hill Loop

Just Sold – 16028 Blossom Hill Loop

County: Lake Status: Sold
Backups Requested: No
Subdiv: ORANGE TREE PHASE 5 List Price: $255,000
Beds: 5 Year Built: 2005
Baths: 4/0 Special Sale: None
Pool: Private ADOM: 43
Property Style: Single Family Residence CDOM: 43
Lot Features: Corner Lot, In County, Sidewalks, Street Paved, Unincorporated
Total Acreage: Up to 10,889 Sq. Ft. Pets: Yes
Minimum Lease Period: 1-7 Days Max Times per Yr:
Garage: Yes  Attched: Yes  Spaces: 2 Carport: Spaces:
Garage/Parking Features: Garage Door Opener
LP/SqFt: $114.86 Heated Area:2,220 SqFt
Total Area: 2,872 SqFt
Home Warranty Y/N:No
New Construction: No
Sold Date: 06/07/2018
Sold Price:$250,000
SP / SqFt:$112.61
16028 Blossom Hill Loop features a popular floor plan. Also an oversized corner lot, a large covered lanai and a 15 X 30-foot swimming pool. This pool is the largest that was recommended by the builder at the time the property was constructed. The property is exemplary of the features that make the Orange Tree community one of the most popular communities in the Four Corners area. The lot is 10,405 sq ft or .24 +/- acres.

You will enjoy owning this signature Orange Tree property. When you walk in the front door of this 2,220 square foot (living area) home the deep entrance foyer and built-in decorative nooks introduce you to this spacious property. Rounded corners and ceramic tile flooring are features that set the property apart from many competing properties. The second largest bedroom is located on the front of the property and is appointed with arched windows. The kitchen is large and services the living room and dining room.

There is a dining nook in the kitchen. Bedrooms and bathrooms are important features. This floor plan features two en-suits (bedrooms with private bathrooms). The two en-suits enjoy direct access onto the covered lanai and pool deck. Bedrooms three and four share a full bathroom located between them. When shopping for a property with four or more bedrooms and three or more bathrooms you must take a look at 16028 Blossom Hill Loop. You will enjoy experiencing this iconic Orange Tree property.

204 Elderberry Dr Just Sold

Just Sold – 204 Elderberry

County: Polk Status: Sold
Backups Requested: No
Subdiv: FOUR CORNERS PH 01 List Price: $256,500
Beds: 5 Year Built: 2003
Baths: 3/1 Special Sale: None
Pool: Private, Community ADOM: 9
Property Style: Single Family Residence CDOM: 9
Lot Features: In County
Total Acreage: Up to 10,889 Sq. Ft. Pets: Yes
Minimum Lease Period: 1-7 Days Max Times per Yr:
Garage: Yes  Attached: Yes  Spaces: 2 Carport: Spaces:
Garage/Parking Features:
LP/SqFt: $102.40 Heated Area:2,505 SqFt
Total Area: 3,131 SqFt
Home Warranty Y/N: No
New Construction: No
Sold Date: 06/25/2018
Sold Price:$256,500
SP / SqFt:$102.40
204 Elderberry Dr Davenport. New Roof coming soon. New Pool Pump! Welcome Home! Spacious 5 bedrooms 3 and a Half bath Dream Home, located in Four Corners subdivision. Features a Pool and SPA. It is backed by an easement that provides an excellent distance from rear neighbors.

The property has a large master bedroom and a second bedroom on the first floor for added convenience. The other three bedrooms and two bathrooms are upstairs. The AC unit is less than 5 years old. The HOA is very affordable. Still, the look of the neighborhood is very appealing.

The home is in a great location with easy access to main highways and is close to schools, shopping, dining and the best entertainment attraction of Central Florida. This beautiful home will not disappoint any buyer. Call us to schedule your showing.

Century 21 World Properties 2018 Rebate Promotion

Steps to buying a house

Five Simple Steps to Buying a House With Little Money Down

  • Step 1. Improve your credit score.
  • Step 2. Figure out what you can afford.
  • Step 3. Get preapproved for a mortgage.
  • Step 4. Buy a house you like.
  • Step 5. Use incentives to sharply lower your down payment

Contact Century 21 World Properties today to sign up for our $1,000 Buyer or Seller rebate and for our orientation about builder's incentives that may help you buy a home with little money down. We can also guide you through the steps to buying a house. You may own your home for less of what your monthly rent check is today.

Century 21 World Properties is located in Clermont and serves Central Florida since 1998. We Sell Houses.

Just Sold ' 11100 Mattioda Rd

Just Sold – 1100 Mattioda Rd

County: Lake Status: Sold
Backups Requested: No
Subdiv: GROVELAND FARMS 02-23-24 List Price: $400,000
Beds: 4 Year Built: 2001
Baths: 3/1 Special Sale: None
Pool: Private ADOM: 54
Property Style: Single Family Residence CDOM: 54
Lot Features: In County
Total Acreage: 20 to less than 50 Pets:
Minimum Lease Period: 7 Months Max Times per Yr:
Garage: Yes  Attached: No  Spaces: 4 Carport: No Spaces:
Garage/Parking Features: Garage Door Opener, Guest Parking, Oversized, Workshop in Garage
LP/SqFt: $155.64 Heated Area:2,570 SqFt
Total Area: 3,532 SqFt
New Construction: No
Sold Date: 08/17/2018
Sold Price:$400,000
SP / SqFt:$155.64
Opportunity seekers pay attention! Do 50 acres of privacy resonate with you? Are there business opportunities associated with owning this 50-acre homesite? The topography breakdown goes like this: 1) Single Family Use - 1 Acre 2) Vacant Residential - 15.40 Acres 3) Non-Agricultural Uses - 8.62 Acres and 4) Wetlands - 25.45 Acres. This home's floor plan is open and spacious. The classic Florida architecture features two large porches, one on the front of the house and one on the back side. Two bedrooms have private bathrooms. Bedrooms three and four are connected by a Jack & Jill style bathroom. The living room, dining room, kitchen combination connects all of the living areas in the house to each other. (For those who like open floor plans this is it.) There is an indoor laundry area that doubles as a mud room. The swimming pool is located just off the back porch and is not enclosed. The air-conditioned four-car garage is detached from the house and there are a washer and dryer connection there. There are even four electrical connections for recreational vehicle use. The owner of this property built a motor cross track on the property. There are big beautiful estate homes surrounding the subject property. From a replacement cost perspective, the property cannot be replaced at the price the seller is asking. Come out and take a look. This is a great opportunity for the right buyer.
Just Sold - 524 Halstead Dr

Just Sold – 524 Halstead Dr

County: Polk Status: Sold
Backups Requested: No
Subdiv: FLORIDA PINES PH 03 List Price: $204,500
Beds: 4 Year Built: 2003
Baths: 2/0 Special Sale: None
Pool: Community ADOM: 13
Property Style: Single Family Residence CDOM: 13
Lot Features: Level/Flat
Total Acreage: Up to 10,889 Sq. Ft. Pets: Yes
Minimum Lease Period: 7 Months Max Times per Yr:
Garage: Yes  Attached: Yes  Spaces: 2 Carport: No Spaces:
Garage/Parking Features: Driveway
LP/SqFt: $121.94 Heated Area:1,677 SqFt
Total Area: 2,106 SqFt
Home Warranty Y/N: No
New Construction: No
Sold Date: 10/19/2018
Sold Price:$200,000
SP / SqFt:$119.26
Fantastic home with no rear neighbors and new roof in the well known Florida Pines subdivision. Clean house, very well maintained. Close to I4 for easy commuting to Orlando or Tampa. Also close to the best attractions of Central Florida. Dead end street with low traffic. Nearby shopping, schools and dining in an area of great development. This is a place to call home for years to come. Contact us for a showing.
Just Sold ' 558 Knightsbridge Cir

Just Sold – 558 Knightsbridge Cir

County: PolkStatus: Sold
 Backups Requested: No
Subdiv: GREEN AT WEST HAVEN PH 2List Price: $214,500
Beds: 3Year Built: 2004
Baths: 2/0Special Sale: None
Pool: CommunityADOM: 57
Property Style: Single Family ResidenceCDOM: 57
Lot Features: In County, Near Golf Course, Sidewalks, Street Paved, Street Private
Total Acreage: Up to 10,889 Sq. Ft.Pets: Yes
Minimum Lease Period: 7 MonthsMax Times per Yr:
Garage: Yes  Attached: Yes  Spaces: 2Carport: No
Garage/Parking Features: Garage Door Opener, Garage Faces Side
LP/SqFt: $145.52Heated Area:1,474 SqFt
 Total Area: 2,036 SqFt
Home Warranty Y/N: No 
New Construction: No 
 
Sold Date: 10/19/2018
Sold Price:$207,500
SP / SqFt:$140.77
   
  
   
 Welcome home, to the Green at West Haven. Inspired by the Champions Gate resort development, minutes away, world-class golf is in your backyard. There are two public golf courses at Champions Gate both designed by legendary Greg Norman. The International course is the most challenging. The National course is nestled into some of the most beautiful natural habitats in Florida. There is a wide variety of restaurants to choose from in Champions Gate and new ones are coming online all the time. From Ronald Reagan Parkway, the drive home diminishes upon arrival at Mayfair Boulevard a gorgeous landscaped passageway featuring a brick paver roundabout that expedites traffic to the various communities of West Haven. The Green is a gated community. All of the homes located in The Green are appointed with brick paver driveways and patios. A new roof was installed at 558 Knightsbridge Circle in May 2018. The garage side loads adding a special architectural flair to the simple elegance of this spectacular home. The property is floored in ceramic tile and offset vinyl planks throughout the house. There is no carpet anywhere in the house. The kitchen features granite counter tops, tiled backsplashes and an under counter sink. The windows are covered in two-inch PVC blinds with the exception of the sliding glass doors which are adorned by vertical blinds. The master bedroom and guest bedrooms are split. The master bath features a garden tub dressed out in ceramic tile. Local Pros have the details Showings are easy.

National Real Estate Update July 2018

Existing-Home Sales Slip 0.7 Percent in July 2018

WASHINGTON (August 22, 2018) — Existing-home sales subsided for the fourth straight month in July to their slowest pace in over two years, according to the National Association of Realtors®. The West was the only major region with an increase in sales last month.

Total existing-home sales1https://www.nar.realtor/existing-home-sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, decreased 0.7 percent to a seasonally adjusted annual rate of 5.34 million in July from 5.38 million in June. With last month’s decline, sales are now 1.5 percent below a year ago and have fallen on an annual basis for five straight months.

Lawrence Yun, NAR chief economist, says the continuous solid gains in home prices have now steadily reduced demand. “Led by a notable decrease in closings in the Northeast, existing home sales trailed off again last month, sliding to their slowest pace since February 2016 at 5.21 million,” he said. “Too many would-be buyers are either being priced out, or are deciding to postpone their search until more homes in their price range come onto the market.”

July Housing Snapshot

See and share the July 2018 Existing-Home Sales Snapshot

The median existing-home price2 for all housing types in July was $269,600, up 4.5 percent from July 2017 ($258,100). July’s price increase marks the 77th straight month of year-over-year gains.

Total housing inventory3 at the end of July decreased 0.5 percent to 1.92 million existing homes available for sale (unchanged from a year ago). Unsold inventory is at a 4.3-month supply at the current sales pace (also unchanged from a year ago).

Properties typically stayed on the market for 27 days in July, up from 26 days in June but down from 30 days a year ago. Fifty-five percent of homes sold in July were on the market for less than a month.

“Listings continue to go under contract in under month, which highlights the feedback from Realtors® that buyers are swiftly snatching up moderately-priced properties,” said Yun. “Existing supply is still not at a healthy level, and new home construction is not keeping up to meet demand.”

According to Freddie Mac, the average commitment rate(link is external) for a 30-year, conventional, fixed-rate mortgage decreased to 4.53 percent in July from 4.57 percent in June. The average commitment rate for all of 2017 was 3.99 percent.

“In addition to the steady climb in home prices over the past year, it’s evident that the quick run-up in mortgage rates earlier this spring has had somewhat of a cooling effect on home sales,” said Yun. “This weakening in affordability has put the most pressure on would-be first-time buyers in recent months, who continue to represent only around a third of sales despite a very healthy economy and labor market.”

First-time buyers were 32 percent of sales in July, which is up from 31 percent last month but down from 33 percent year ago. NAR’s 2017 Profile of Home Buyers and Sellers – released in late 2017– revealed that the annual share of first-time buyers was 34 percent.

“Despite first-time buyers struggling to achieve homeownership, Realtors® in most areas say demand is still the strongest at the entry-level segment of the market,” said NAR President Elizabeth Mendenhall, a sixth-generation Realtor® from Columbia, Missouri and CEO of RE/MAX Boone Realty. “For prospective first-timers looking to begin their home search this fall, it is expected that competition will remain swift. That is why it’s important to be fully prepared with a pre-approval from a lender, and to begin conversations with a Realtor® early about what you’re looking for and where.”

All-cash sales were 20 percent of transactions in July, down from 22 percent in June but up from 19 percent a year ago. Individual investors, who account for many cash sales, purchased 13 percent of homes in July (unchanged from last month and a year ago).

Distressed sales5 – foreclosures and short sales – were 3 percent of sales in July (lowest since NAR began tracking in October 2008), unchanged from last month and down from 5 percent a year ago. Two percent of July sales were foreclosures and 1 percent were short sales.

Single-family and Condo/Co-op Sales

Single-family home sales declined 0.2 percent to a seasonally adjusted annual rate of 4.75 million in July from 4.76 million in June, and are 1.2 percent below the 4.81 million sales pace a year ago. The median existing single-family home price was $272,300 in July, up 4.6 percent from July 2017.

Existing condominium and co-op sales fell 4.8 percent to a seasonally adjusted annual rate of 590,000 units in July and are 3.3 percent below a year ago. The median existing condo price was $248,100 in July, which is 3.2 percent above a year ago.

Regional Breakdown

July existing-home sales in the Northeast dropped 8.3 percent to an annual rate of 660,000, and are 1.5 percent below a year ago. The median price in the Northeast was $309,700, which is up 6.8 percent from July 2017.

In the Midwest, existing-home sales declined 1.6 percent to an annual rate of 1.25 million in July, and are 0.8 percent below a year ago. The median price in the Midwest was $210,500, up 2.5 percent from a year ago.

Existing-home sales in the South decreased 0.4 percent to an annual rate of 2.24 million in July, and are 0.4 percent lower than a year ago. The median price in the South was $233,400, up 2.7 percent from a year ago.

Existing-home sales in the West rose 4.4 percent to an annual rate of 1.19 million in July, but are still 4.0 percent below a year ago. The median price in the West was $392,700, up 5.1 percent from July 2017. The National Association of Realtors® is America’s largest trade association, representing 1.3 million members involved in all aspects of the residential and commercial real estate industries.

###

NOTE: For local information, please contact the local association of Realtors® for data from local multiple listing services. Local MLS data is the most accurate source of sales and price information in specific areas, although there may be differences in reporting methodology.

1Existing-home sales, which include single-family, townhomes, condominiums and co-ops, are based on transaction closings from Multiple Listing Services. Changes in sales trends outside of MLSs are not captured in the monthly series. NAR rebenchmarks home sales periodically using other sources to assess overall home sales trends, including sales not reported by MLSs.

Existing-home sales, based on closings, differ from the U.S. Census Bureau’s series on new single-family home sales, which are based on contracts or the acceptance of a deposit. Because of these differences, it is not uncommon for each series to move in different directions in the same month. In addition, existing-home sales, which account for more than 90 percent of total home sales, are based on a much larger data sample – about 40 percent of multiple listing service data each month – and typically are not subject to large prior-month revisions.

The annual rate for a particular month represents what the total number of actual sales for a year would be if the relative pace for that month were maintained for 12 consecutive months. Seasonally adjusted annual rates are used in reporting monthly data to factor out seasonal variations in resale activity. For example, home sales volume is normally higher in the summer than in the winter, primarily because of differences in the weather and family buying patterns. However, seasonal factors cannot compensate for abnormal weather patterns.

Single-family data collection began monthly in 1968, while condo data collection began quarterly in 1981; the series were combined in 1999 when monthly collection of condo data began. Prior to this period, single-family homes accounted for more than nine out of 10 purchases. Historic comparisons for total home sales prior to 1999 are based on monthly single-family sales, combined with the corresponding quarterly sales rate for condos.

2The median price is where half sold for more and half sold for less; medians are more typical of market conditions than average prices, which are skewed higher by a relatively small share of upper-end transactions. The only valid comparisons for median prices are with the same period a year earlier due to seasonality in buying patterns. Month-to-month comparisons do not compensate for seasonal changes, especially for the timing of family buying patterns. Changes in the composition of sales can distort median price data. Year-ago median and mean prices sometimes are revised in an automated process if additional data is received.

The national median condo/co-op price often is higher than the median single-family home price because condos are concentrated in higher-cost housing markets. However, in a given area, single-family homes typically sell for more than condos as seen in NAR’s quarterly metro area price reports.

3Total inventory and month’s supply data are available back through 1999, while single-family inventory and month’s supply are available back to 1982 (prior to 1999, single-family sales accounted for more than 90 percent of transactions and condos were measured only on a quarterly basis).

4Survey results represent owner-occupants and differ from separately reported monthly findings from NAR’s Realtors® Confidence Index, which include all types of buyers. Investors are under-represented in the annual study because survey questionnaires are mailed to the addresses of the property purchased and generally are not returned by absentee owners. Results include both new and existing homes.

5Distressed sales (foreclosures and short sales), days on market, first-time buyers, all-cash transactions and investors are from a monthly survey for the NAR’s Realtors® Confidence Index, posted at nar.realtor.

NOTE: NAR’s Pending Home Sales Index for July is scheduled for release on August 29, and Existing-Home Sales for August will be released September 20; release times are 10:00 a.m. ET.

Source: https://www.nar.realtor/newsroom/

Real Estate Taxes in Florida

Real Estate Taxes in Florida for Landlords

Real Estate Taxes in the State of Florida

If you own a rental property in the Sunshine State, which Real Estate Taxes in Florida you need to pay? The following bullet list will guide our landlords through their possible tax obligations.

  • Income tax: Renting property results in obvious income to the homeowner. All property owners who receive income from rent must file a US Income tax return for the year. The tax year runs for full calendar years and filing takes place on or before June 15 each year.
  • Tangible Personal Property Tax: This tax will assess the value of the furniture, fixtures, and equipment located in businesses and rental property. Tax returns reporting the value of these assets must be filed to the Property Appraisers’ office by April 1st.
  • Property or Real Estate Tax: Property or Real Estate Tax is payable annually. The Property Appraiser’s Office establishes the assessed value of a property and prepares the tax roll. Tax statements are normally mailed out on or before November 1st each year.
  • Sales & Use Tax and Tourist Development Tax: If you rent your property for periods of less than six months, you’re required to collect and pay Sales & Use Tax and Tourist Development Tax on rental income received. Your management company or booking agent may collect and report all Sales and Use Tax and Tourist Development Tax on the rentals that they handle.
  • Local Business Tax: This tax is required by homeowners who rent their US property, renewed annually to the tax collector’s office in the county where the rental property is located.
  • Capital Gains Tax: This tax is payable on the net gain from the sale of a property owned for more than one year. The gain is the sale price minus the purchase price and all related costs incurred in the purchase and sale of the property.
  • FIRPTA Withholding Tax: In the US, the Foreign Investment in Real Property Tax Act requires that a nonresident alien who sells an interest in US real property be subject to tax withholdings of 15% of the gross sales price. Foreign sellers may obtain a Withholding Certificate from the IRS to avoid withholding.

We hope this summary helps our buyers and sellers to understand what their real estate taxes in Florida are. Century 21 World Properties strongly recommends the use of capable accounting service to cope with these legal matters. We recommend HBI and we have done so for years with great results. To read more about this company and find additional information about the taxes listed above, please click here.

South Lake Hospital

South Lake Hospital Coming Soon to Four Corners

SOUTH LAKE HOSPITAL IN FOUR CORNERS — The area where Lake, Orange, Osceola and Polk meet has a booming population, myriad subdivisions and apartment complexes, along with commercial developments, including shopping centers and restaurants.

But the nearest emergency rooms are a time-consuming 10- to 15-mile ride north or south for residents on heavily traveled U.S. Highway 27.

Come next year though, that will change.

South Lake Hospital earlier this month broke ground on a new $13 million freestanding emergency department at 550 U.S. Highway 27, just north of U.S. Highway 192, where the four counties rub shoulders.

“There’s been lots of residential and commercial development, but no real movement in health care in the Four Corners area,” hospital president John Moore said. “It’ll mean residents will no longer have to drive across [U.S.] 192, or to South Lake [Hospital] 15 miles away or to Heart of Florida [Hospital] 16 miles south to get medical care.”

Construction on the facility should be complete by August 2018, giving residents quicker access to health care, especially emergency services, when minutes or even seconds can mean the difference between survival and death for patients.

“Time is critical when someone is injured or needs our help,” Moore said. “This will be a hospital-level emergency department with board-certified physicians.”

The two-story, 40,000-square-foot facility will be staffed by board-certified physicians from South Lake Hospital — part of the Orlando Health system — and will be named the Joe H. and Loretta Scott Health Pavilion.

South Lake Hospital is a new neighbor for Century 21 World Properties. We are excited as we see our area growing. Visit the Orlando Sentinel website to read the full article. Copy and Paste: http://www.orlandosentinel.com/news/lake/os-lk-south-lake-hospital-emergency-room-four-cormers-20170601-story.html

 

Moved by Moving a Friend – Century 21 Commercial

Move With Less Stress

Moving can be stressful - especially with kids. Fortunately, Century 21's knowledgeable agents can make the move a whole lot easier.

TIPS FOR MOVING

Selling your home and moving to a new one has unique challenges. This collection of tips will help get you off on the right foot.

Tips for Your Move

Whether you have moved once or a dozen times, it never seems to get any easier. Here are some hints that we hope you will find helpful as you prepare for moving day.
  • Make agreements with buyers about possession of the home and moving date.
  • Start planning early. From the moment you decide to put your home up for sale, start sorting through your current possessions. Toss (or give away, sell at a yard sale or online) anything that you don't want to take with you.
  • Make a list of important items you will need to buy for your new house, such as drapes, blinds, shower curtains, etc. Having these things with you on the day you move helps you settle in more comfortably.
Start packing early. Anything that you are sure you will not be using before moving day should get boxed. TIP: Organize like items together and mark every box and carton. This makes it easier if you find you need an item before you move, and much simpler after you move. Unpacking tends to be a gradual process--this simple step will help you find the items you need when you need them. Author of this copy is Century 21 (century21.com)
Style Selector
Select the layout
Choose the theme
Preset colors
No Preset
Select the pattern
UA-69743271-3