For SaleRisky Deal6 days on market
407 MORNING GLORY DRIVE
407 MORNING GLORY DRIVE, LAKE MARY, FL 32746, Lake Mary, FL 32746
$415,000
Listing Price
407 MORNING GLORY DRIVE, LAKE MARY, FL 32746
Loc: Lake Mary, FL
Days Listed
6
Tax Assessed
$349k
Lot Size
4,961 sqft
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
Lake Mary Elementary School
PK-5
1.6 mi away
7
Greenwood Lakes Middle School
6-8
1 mi away
5
Lake Mary High School
9-12
1 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch-style housesingle-storybrick facadestucco exteriortwo-car garagetile drivewaylandscaped lawntrimmed shrubberyshingle roofsuburbanmature treespaved walkwaytraditional residential
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.97%
Total ROI
88.6%
Cash Flow
$-90/mo
DSCR
0.96
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-90/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.0%)
- • Strong rental demand in Lake Mary
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-17 | Listed for sale | $415,000 | $266 |
| 2024-12-09 | Sold | $407,000 | $260 |
| 2024-11-08 | Pending sale | $414,900 | $265 |
| 2024-11-01 | Listed for sale | $414,900 | $265 |
| 2021-01-06 | Sold | $285,000 | $182 |
| 2020-12-03 | Pending sale | $285,000 | $182 |
| 2020-11-30 | Listed for sale | $285,000 | $182 |
| 1998-08-11 | Sold | $102,000 | $65 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,178.05 | $348,824 |
| 2024 | $4,395.3 | $330,695 |
| 2023 | $4,097.98 | $300,632 |
| 2022 | $3,664.45 | $273,302 |
| 2021 | $1,642.53 | $137,817 |
| 2020 | $1,624.2 | $135,914 |
| 2019 | $1,609.44 | $132,858 |
| 2018 | $1,609.44 | $130,381 |
| 2017 | $1,584.88 | $127,699 |
| 2016 | $1,570.02 | $125,948 |
| 2015 | $1,604.1 | $124,203 |
| 2014 | $1,604.1 | $123,217 |
| 2013 | $1,351.72 | $121,396 |
| 2012 | $1,254.99 | $119,367 |
| 2011 | $1,216.91 | $127,377 |
| 2010 | $1,160.94 | $111,513 |
| 2009 | $1,108.38 | $108,581 |
| 2008 | $1,069.16 | $108,473 |
| 2007 | $1,186.1 | $105,314 |
| 2006 | $1,252.88 | $102,745 |
| 2005 | $1,224.91 | $99,752 |
| 2004 | $1,214.29 | $96,847 |
| 2003 | $1,200.8 | $95,041 |
| 2002 | $1,181.7 | $92,813 |
| 2000 | $1,126.07 | $88,690 |
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