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271 W Horatio Avenue
Maitland, FL 32751
$999,900
Conventional
Property
Bedroom
4
Bathroom
4
Property Type
Conventional
Square ft
3300
Property Description
Under contract-accepting backup offers. One or more photo(s) has been virtually staged. Looking for a private oasis right in town? Well look no further! This home is in walking distance to the new Maitland shopping and restaurant areas, parks, and lakes. This beautiful homestead offers it all!! 4 bedroom PLUS and office, 2 living areas, formal dining, eat in kitchen, 2 car garage, beautiful pool, sits on .65 acres and a two car garage. Before you even enter the property you are captivated by the views of Lake Sybelia that offer amazing sunsets. As you pull down your private drive you can feel your daily stress evaporate. Your private oasis is over a half acre so plenty of room for entertaining, pets and kids. As you enter from the drive you are welcomed by the wrap around porch! You enter to a generous foyer with a more formal living room on one side and the dining room on the other. This floorplan offers a lot of flexibility and you could even convert one of these rooms to another primary suite if needed. The formal living room to your right when you walk in has built ins for ample storage needs. The kitchen is expansive and offers white cabinets with a beautiful stone counter top. There is an eat in area with room for a large table PLUS a bar area inside the kitchen. The family room is off the kitchen and eat in area and is a large area for entertaining or movie night. Both the kitchen and living area over look the pool area through the wrap around back porch. The kitchen has plenty of storage with a full walk in pantry. There is also a family and friends door leading to the wrap around porch once again convenient for pets or children of any age. There is also a full bathroom downstairs. The upstairs you will find two primary suites. The first has his and her walk in closets, a beautiful view of the lush backyard and pool area, and a generous sized bathroom with claw foot tub, separate shower stall, linen closet, and private water closet. The second suite has an en suite bathroom with shower, toilet, and vanity area. The 3rd and 4th bedrooms upstairs are generous in size and share a bathroom with once again a beautiful claw foot tub. There is also a loft area perfect for doing homework, gaming stations, reading area etc... There is a balcony off the loft that over looks the backyard and pool area. Out front you have a large front yard with a detached 2 car garage. Plenty of room to throw the football, play soccer with all the neighbors, etc... There is a two car garage plus an office with a private entry. Then at sunset take a stroll around the lake and brick paved streets for a beautiful sunset to end your day! Bedroom Closet Type: Walk-in Closet (Primary Bedroom).
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1997
MLS Number
O6187832
Location
Address
271 W HORATIO AVENUE
City
MAITLAND
State
FL
Zip Code
32751
County
ORANGE (CENTRAL NORTH)
Listing
Provider
Charles Rutenberg Realty Orlando LLC, original listing
Name
Charles Rutenberg Realty Orlando LLC
Phone
(407) 622-2122
Office Name
CHARLES RUTENBERG REALTY ORLANDO
Office Phone
(407) 622-2122
Agent Name
Vonda Fields

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.