Ask Ben.
Ask Ben.
(904) 595-8967

Benjamin Subercaseaux, Sales Associate · Florida Homes Realty & Mortgage

$490,000

1036 PADDINGTON TERRACE Terrace, Lake Mary, FL 32746, Lake Mary, FL 32746

Carrington Place

Price
$490,000
Beds / Baths
3 / 2
Living area
1,352 sqft
Year built
1992
Type
Residential
Lot
Garage
2
HOA
$80/mo
CDD
No
Flood zone
Unknown
County
Seminole
Days on market
150
Elementary
Other
Middle
Other
High school
Other

AGGRESSIVELY PRICED BELOW APPRAISED VALUE IN HEATHROW! No CDD and 24/7 guard-gated security. Situated on a prime cul-de-sac lot, this fully upgraded 3-bedroom, 2-bath home offers 1,352 square feet of bright, comfortable living. The modern kitchen serves as the heart of the home, opening to a spacious family room and a screened lanai, perfect for everyday living and entertaining. Recent upgrades include a remodeled kitchen, updated primary bath, renovated walk-in closet, paver driveway, and an epoxy-finished garage. Major improvements include an 8-year-old roof, water heater and appliances less than 2 years old, new gutters, a replaced plumbing system, and mature landscaping. Enjoy Heathrow's resort-style amenities and an exceptional lifestyle in one of Central Florida's most sought-after gated communities.

What to check on this one

  • Verify flood zone designation and obtain elevation certificate if in AE/VE zone.
  • Confirm roof age documentation; 8-year-old roof acceptable but get inspection report.
  • Review HOA governing docs, CC&Rs, rental restrictions, and current reserve study.
  • Inspect plumbing system replacement scope—confirm all polybutylene eliminated if pre-1995.
  • Verify water heater and appliance purchase dates; confirm transferable warranties.
  • Get 4-point inspection quote; confirm homeowners insurer will bind at this age/condition.

Flagged from the listing itself — not an inspection, and no substitute for one. Bring these to the showing.

What this home really costs per month

Principal & interest$2,543/mo
Property tax (1.1% eff., Seminole Co.)$449/mo
Homeowners insurance (est.)$292/mo
HOA$80/mo
All-in monthly (est.)$3,364/mo

Loan $392,000 at 6.75% · 30 yr

Not a loan quote. Rate, insurance, and tax are stated assumptions — a lender and an insurance agent give real numbers. Homestead exemption lowers taxes after you file.

Listing courtesy of WATSON REALTY CORP. Data via realMLS (Northeast Florida MLS), updated Aug 30, 2026, 6:40 AM.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.