NOT LISTED FOR SALE

1 Cypress Cove Rd Winter Haven, FL 33884

Estimated Value: $981,000 - $1,491,997

5 Beds
5 Baths
5,567 Sq Ft
$218/Sq Ft Est. Value

Last Sold March 25, 2020

Last sale price $610,000 $110 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $7,567/month

216 Days on Market

Highlights

  • 120 Feet of Waterfront
  • Covered Dock
  • Heated In Ground Pool
  • Frank E. Brigham Academy Rated 9+
  • Private Beach
  • Chain Of Lake Views

About This Home

As of March 2020

Excellent "Chain of Lakes" location on the south side of beautiful Lake Eloise, across the lake from Legoland. Home was completely and remodeled around 2004 and County records indicate the detached garage/storage building was built in 2006. Conveniently located to Winter Haven and surrounding communities as well as a short drive to US27, SR60 or Interstate 4 and then to Disneyworld, Orlando, Tampa which offers additional shopping, medical facilities, schools, colleges, universities, restaurants and shopping. This home was damaged by Hurricane Irma last year and needs extensive repairs prior to occupancy. Its desirable location on Lake Eloise offers skiing, fishing, swimming and many other boating opportunities on the areas beautiful Chain of Lakes, which comprise 30+/- lakes connected by canals, including the opportunity to participate, if desired, in the annual Christmas Boat Parade and watching fireworks displays by Legoland and the City of Winter Haven. Restaurants are also on the chain and several boat ramps, picnic tables and other recreational opportunities for family fun.

Last Agent to Sell the Property

Tim Irby

TOWN & COUNTRY REAL ESTATE License #43061 Listed on: 07/15/2019

Last Buyer's Agent

Stephen Batman

SAUNDERS REAL ESTATE, LLC License #3311441

SAUNDERS REAL ESTATE, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,912

Year Built

  • Built in 1972

Lot Details

  • 1.27 Acre Lot
  • 120 Feet of Waterfront
  • Property fronts a lake that is connected to a chain of lakes
  • Private Beach
  • South Facing Home
  • Mature Landscaping
  • Property is zoned RE-1

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Concrete Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,567 Sq Ft Home
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • L-Shaped Dining Room
  • Bonus Room
  • Storage Room
  • Inside Utility
  • Chain Of Lake Views
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 5 Full Bathrooms

Accessible Home Design

  • Accessible Entrance

Pool

  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Access To Chain Of Lakes
  • Water Skiing Allowed
  • Covered Dock
  • Dock made with wood
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Propane
  • Well
  • Electric Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,912

Year Built

Built in 1972

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 5567
  • Lot Size Acres: 1.27
  • New Construction: No
  • Year Built: 1972
  • Accessibility Features: Accessible Entrance
  • Building Area Total: 6992
  • Lot Size Sq Ft: 55143
  • Number Of Lots: 1
  • Directions to Property: South on US17/Third Street in Winter Haven. East on Snively Avenue which becomes Rifle Range Road, then left on Eloise Loop Road to Cypress Cove (about 3/4 miles) then left to home at end of road on left. Realtor must be present for all showings!
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/P4906766?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/P4906766?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.93991
  • Price per Sq Ft: 109.57
  • Close to Original List Price Ratio: 0.8777
  • Ratio: Current Price\Building Area Total: 87.24
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Family Room, Other Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Hardwood
  • Full Bathrooms: 5
  • Interior Amenities: Built in Features, Cathedral Ceiling(s), Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, L Dining, Master Bedroom Main Floor, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Yn: No
  • Street Number Modifier: 1
  • Room Count: 15
  • Additional Rooms: Attic, Bonus Room, Great Room, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Other Structures: Storage
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Rain Gutters
  • Roof: Concrete
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Lake - Chain of Lakes
  • Water Access: Beach - Private, Lake - Chain of Lakes
  • Water Extras: Dock - Covered, Dock - Wood, Dock w/Electric, Lift - Covered, Skiing Allowed
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12105C0530G
  • Waterfront Frontage: 120
  • Water Frontage Feet Lake Chain: 120
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Side
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Phone Available, Propane
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: RE-1
  • Parcel Number: 26-29-09-000000-021020
  • Additional Parcels: No
  • Lot Features: In County
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-12-22
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3912
  • Tax Book Number: P-81

Multi Family

  • Waterfront Features: Lake - Chain of Lakes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2019
Closed on
Mar 24, 2020
Sold by
Combee Ann W and Combee Bruce E
Bought by
Dixon Derek E and Dixon Laura A
Seller's Agent
Tim Irby
TOWN & COUNTRY REAL ESTATE
Buyer's Agent
Stephen Batman
SAUNDERS REAL ESTATE, LLC
List Price
$695,000
Sold Price
$610,000
Premium/Discount to List
-$85,000
-12.23%
Current Estimated Value
$1,211,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$601,749
Avg. Annual Appreciation
13.16%
Original Mortgage
$510,240
Outstanding Balance
$451,029
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$760,720

Purchase Details

Closed on
Sep 1, 2006
Sold by
Saterbo John M and Saterbo Vicki L
Bought by
Combee Ann W and Combee Bruce R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.62%
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dixon Derek E $610,000 Real Estate Title Services I
Combee Ann W $1,400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dixon Derek E $510,240
Previous Owner Combee Ann W $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2020 03/25/20 Sold $610,000 -6.0% $110 / Sq Ft
02/12/2020 02/12/20 Pending -- -- --
10/11/2019 10/11/19 Price Changed $649,000 -6.6% $117 / Sq Ft
07/11/2019 07/11/19 For Sale $695,000 -- $125 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,716 $1,053,936 -- --
2024 $13,363 $1,024,233 -- --
2023 $13,363 $994,401 $0 $0
2022 $12,943 $965,438 $0 $0
2021 $13,058 $937,318 $0 $0
2020 $4,559 $315,181 $295,323 $19,858
2018 $3,912 $298,986 $281,301 $17,685
2017 $8,321 $571,246 $0 $0
2016 $8,290 $559,497 $0 $0
2015 $8,078 $555,608 $0 $0
2014 $8,324 $571,471 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: P4906766

Stellar MLS

APN: 26-29-09-000000-021020