NOT LISTED FOR SALE

1009 Down Reserve Ct Windermere, FL 34786

Estimated Value: $568,000 - $1,890,000

5 Beds
8 Baths
7,940 Sq Ft
$144/Sq Ft Est. Value

Last Sold November 04, 2021

Last sale price $3,250,000 $409 Per Sq Ft

Current estimated payment $7,098/month

72 Days on Market

Highlights

  • New Construction
  • Private Pool
  • Wood Flooring
  • Windermere Elementary School Rated A
  • Open Floorplan
  • Main Floor Primary Bedroom

About This Home

As of November 2021

COME HOME TO A DREAM!! This Beautiful Mediterranean Transitional Castle is being built in lovely Lake Down Reserve neighborhood in Windermere, Florida. This home is designed and built by Supreme International Construction a reputable builder in Central Florida, who is well known for Luxury Custom home construction with creative designs and quality Building. He is building Three Homes in the same neighborhood and all of them are unique in Architecture and Construction type. All Homes are Smart and energy efficient.
This subdivision has only 10 luxury Homes and this is the last lot available. This dream home consists of 7,940 Sq. Ft. heated and 11,337 Sq. Ft Under Roof, 30,355 Sq. Ft Lot (.69 Acre). Offering 5 spacious bedrooms plus an office, 6 full bathrooms, 1 Half Bath, 1 Powder Bath, movie theater, Sunken gym/yoga room oversized 4 car garage, elevator, and so much more! This 7,940 Sq. Ft masterpiece boasts exquisite high-end finishes throughout. The Gourmet kitchen has subzero appliances. Home has an amazing entertainment space with the remarkable custom pool/spa along with Sunken outdoor kitchen. The Home also features hurricane impact windows, custom-designed California closets throughout all bedrooms, Heat & Glow fireplaces in the living room, and the master bedroom along with large format porcelain tiles throughout the bathrooms.
Offering a scenic and private setting with a 24 hr. "virtual guard", the lovely Lake Down Reserve neighborhood is in Windermere, Florida. This subdivision is located across from Isle worth home for many sports man and celebrities. Windermere Florida is truly a family dream location. Featuring The Butler Chain of Lakes, considered one of Florida's Outstanding Waterways, consists of eleven interconnecting pristine lakes ideal for all water sports. Lake Down Reserve is close to downtown Windermere offering year-round activities and a weekly Farmer's Market. A-Rated schools, parks, and playgrounds are also a part of this charming town. With easy access to major roadways, golf courses, fine dining, and shopping, along with Disney, universal and other theme parks, and area attractions.
Highlights of this home are it's on Lot .69 Acres (30355 Sq. ft) with
• First Floor – 5415 Sq. Ft
• Second Floor – 252 Sq. Ft
• Sunken Exercise / Yoga – 377 Sq. Ft
• Covered entry – 55 Sq. Ft
• 4 Car Garage
• Covered Lanai – 1213 Sq. Ft
• Covered entry balcony – 55 Sq. Ft.
• Loft front balcony 66 sq. Ft
• Front balcony 86 sq. Ft
• Tower 55 sq. Ft
• Total sq. Ft 10578 under roof
• 5 Bedrooms
• 6 Full Bath
• 1 Half Bath
• 1 Powder Bath
• Elevator
• Smart Home Control
• Swimming Pool
• High Ceilings
• Great Room
• Family Room
• Dining Room
• Gourmet Custom Kitchen
• Quartz Countertops
• Large Format Tile
• Hurricane Impact Windows
• High Interior Doors
• Outdoor Kitchen
• Flat Tile Roof
• Smart Phone compatible system and Much More Features.

Last Agent to Sell the Property

Shawna Trehan

COLDWELL BANKER RESIDENTIAL RE License #3307241 Listed on: 06/17/2021

COLDWELL BANKER RESIDENTIAL RE

Last Buyer's Agent

Shawna Trehan

COLDWELL BANKER RESIDENTIAL RE License #3307241 Listed on: 06/17/2021

COLDWELL BANKER RESIDENTIAL RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,294

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.7 Acre Lot
  • East Facing Home
  • Metered Sprinkler System

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 4 Car Attached Garage

Home Design

  • Home in Pre-Construction
  • Bi-Level Home
  • Slab Foundation
  • Stem Wall Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 7,940 Sq Ft Home
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Sliding Doors
  • Family Room Off Kitchen
  • L-Shaped Dining Room
  • Attic Fan
  • Dryer

Kitchen

  • Built-In Convection Oven
  • Indoor Grill
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Porcelain Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Pool

  • Private Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Outdoor Kitchen
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Mini Split Air Conditioners
  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Thermostat
  • Propane
  • Tankless Water Heater
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Lake Down Reserve HOA
  • Rosser Reserve Rep Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,294

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$400 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Property Condition: Pre-Construction
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 7940
  • Lot Size Acres: 0.7
  • New Construction: Yes
  • Year Built: 2021
  • Building Area Total: 11337
  • Lot Size Sq Ft: 30423
  • Directions to Property: I 4 to Convey Windermere road west towards Down Reserve subdivision on the right. Once inside the subdivision the lot is on the left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5952201?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5952201?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Projected Completion Date: 2022-06-15T04:00:00.000Z
  • Ratio: Close Price\List Price: 0.90403
  • Price per Sq Ft: 409.32
  • Close to Original List Price Ratio: 0.90403
  • Ratio: Current Price\Building Area Total: 286.67
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Porcelain Tile, Hardwood
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Interior Amenities: Attic Fan, Built in Features, Crown Molding, Elevator, High Ceiling(s), Kitchen/Family Room Combo, L Dining, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Wet Bar
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Gas Water Heater, Indoor Grill, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Wine Refrigerator
  • Foundation Details: Slab, Stem Wall
  • Total Bedrooms: 5
  • Levels: Two
  • Street Number Modifier: 1009
  • Room Count: 15

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Rain Gutters, Sidewalk, Sliding Doors, Sprinkler Metered
  • Roof: Tile
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Covered Parking Spaces: 4
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Propane, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Cooling: Central Air, Mini-Split Unit(s), Zoned
  • Heating: Central, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Public Remarks Required: Pre-Construction. To be built.
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 400
  • Association Fee Frequency: Monthly
  • Association Name: LAKE DOWN RESERVE HOA
  • Association: Yes
  • Senior Community: No
  • Association Website: LAKE DOWN RESERVE HOA
  • Association Email: LAKE DOWN RESERVE HOA
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 4800
  • Monthly HOA Fee: 400
  • Total Monthly Fees: 400

Lot Info

  • Zoning: SFR
  • Parcel Number: 09-23-28-7496-00-090
  • Additional Parcels: No
  • Flood Zone Code: x

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 2293.83
  • Tax Block: 9
  • Tax Book Number: 87
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Oct 6, 2021
Sold by
Singh Lakhbir and Singh Mumtaz
Bought by
Selvaggi Robert Arnold and Selvaggi Heather Marie
Seller's Agent
Shawna Trehan
COLDWELL BANKER RESIDENTIAL RE
Buyer's Agent
Shawna Trehan
COLDWELL BANKER RESIDENTIAL RE
List Price
$3,595,000
Sold Price
$3,250,000
Premium/Discount to List
-$345,000
-9.6%
Current Estimated Value
$1,146,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,104,000
Avg. Annual Appreciation
-23.40%
Original Mortgage
$1,680,000
Outstanding Balance
$1,536,628
Interest Rate
3.01%
Estimated Equity
-$390,628

Purchase Details

Closed on
Jan 8, 2021
Sold by
Wld Holdings Llc
Bought by
Singh Lakhbir and Singh Mumtaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2019
Sold by
Ewald Robert H
Bought by
Wld Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
3.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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List Price
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
Selvaggi Robert Arnold $550,000 Premier Florida Title Llc
Singh Lakhbir $520,000 Premier Title
Wld Holdings Llc $1,980,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Selvaggi Robert Arnold $1,680,000
Previous Owner Singh Lakhbir $338,000
Previous Owner Wld Holdings Llc $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2021 11/04/21 Sold $3,250,000 -9.6% $409 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $3,595,000 -- $453 / 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 $7,465 $450,000 $450,000 --
2024 $6,955 $450,000 $450,000 --
2023 $6,955 $450,000 $450,000 $0
2022 $6,974 $450,000 $450,000 $0
2021 $4,527 $450,000 $450,000 $0
2020 $2,294 $150,000 $150,000 $0
2019 $2,429 $150,000 $150,000 $0
2018 $2,460 $150,000 $150,000 $0
2017 $2,414 $150,000 $150,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5952201

Stellar MLS

APN: 09-2328-7496-00-090