PENDING – Wood Lake Dr, Maitland, FL 32751

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Beds: 4   Baths: 3   Sq. Ft: 2,210

ARV: $450k   Repairs: $65k  

$275,000+cc

This house could use a floor change, which should be straightforward, considering the lack of load bearing walls. Layout is the typical closed off rooms and kitchen seen in houses of this era. The laundry in the garage could be closed in without taking away from the parking area, and will add 200 sq ft. This is something we feel would be necessary if asking over $400k for any house. Concerning the rear master bedroom, space can easily be taking from the adjacent bedroom, allowing for expansion of the current master bath. This will still leave the other bedroom as a 10 x 10. There is another bedroom with a private full bath, and then a full hall bath. There is a current listing directly across the lake (225 Wood Lake) that is a full rehab, and is listed as a 3/2, 2307 SF, and no pool. Asking $216 per SF. That house sits on only 0.38 acres, while ours is on 0.68 acres. 224 Wood Lake shows an assessed property value of $637k and is not on the lake. There are several recently updated homes and a couple in the process of being updated. Rehab: Kitchen, baths, flooring, a/c, windows, porch face-lift, floor-plan change in living area and master bath, enclose garage laundry (will be a huge laundry and storage), and misc items. Roof is good. Brand new garage door, yard is decent, but could use some cleaning up, small dock is old and should be removed. Contact me at 407-404-3225 or email me at Alex@VaultVentures.net

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