$1,599,000
SOLD FEB 27, 2024
1 Bed
1 Bath
1,124 Sq Ft
3.32 Acres

Recently Sold

$1,423 Per Sq Ft

Highlights

  • 100 Feet of Chain of Lakes Waterfront
  • Chain Of Lake Views
  • Family Room with Fireplace
  • Castleview Elementary School Rated A-
  • 3.32 Acre Lot
  • Wood Flooring

About This Home

As of February 2024

Lake Tibet fabulous lot! Home is a small cottage on the property, conveys AS-IS.

Last Agent to Sell the Property

Sue Silberbusch

COMPASS FLORIDA LLC License #3124912 Listed on: 12/28/2023

COMPASS FLORIDA LLC

Last Buyer's Agent

Ursula Garcia Moraes

PRISTINE INTERNATIONAL REALTY LLC License #3287685

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,283

Year Built

  • Built in 1966

Lot Details

  • 3.32 Acre Lot
  • 100 Feet of Chain of Lakes Waterfront
  • Lake Front
  • The property's road front is unimproved
  • Southwest Facing Home
  • Property is zoned R-CE

Home Design

  • Wood Frame Construction
  • Pile Dwellings

Interior Spaces

  • 1,124 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Wood Flooring
  • Chain Of Lake Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Access To Chain Of Lakes
  • Water Skiing Allowed
  • Open Dock
  • Outdoor Storage

Utilities

  • Heat Pump System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Cypress Shores Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,283

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Wood Frame
  • Fireplace: Yes
  • Living Area: 1124
  • Lot Size Acres: 3.32
  • New Construction: No
  • Year Built: 1966
  • Building Area Total: 1474
  • Lot Size Sq Ft: 144486
  • Directions to Property: From I-4 to Tampa, exit 68 and turn right on SR 535, turn left on Winter Garden Vineland RD (SR535) , turn right to Cypress Isle Community on Sunset Blvd, turn right on Trout Road. The lot is at the end next to Tibet Butler Nature Preserve. LA must provide code to lockbox on gate for you to access property
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 169647934
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 1422.60
  • Total Acreage: 2 to less than 5
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Open
  • MFR_DockYN: 1
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Wood
  • Full Bathrooms: 1
  • Interior Amenities: Other
  • Appliances Included: Other
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 10433
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 104.42
  • Room Count: 3

Exterior Features

  • Direction Faces: Southwest
  • Exterior Features: Storage
  • Roof: Other
  • Home Warranty: No
  • Pool Private: No
  • Water Body Name: LAKE TIBET
  • Waterfront: Yes
  • Road Surface Type: Unimproved
  • Water Access: Lake - Chain of Lakes
  • Water Extras: Skiing Allowed
  • Water Extras YN: 1
  • Water View: Lake - Chain of Lakes
  • Water View YN: 1
  • Waterfront Feet Total: 100
  • Water Frontage Feet Lake Chain: 100

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Available
  • Cooling: Other
  • Heating: Heat Pump
  • Laundry Features: None
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R-CE
  • Parcel Number: 32-23-28-1872-00-310
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 13423

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 14283
  • Tax Block: 23
  • Tax Book Number: R-43
  • Tax Lot: 31

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2023
Closed on
Feb 27, 2024
Sold by
Shepard Craig R and Shepard Ann E
Bought by
Morella Investments Llc
Seller's Agent
Sue Silberbusch
COMPASS FLORIDA LLC
Buyer's Agent
Ursula Garcia Moraes
PRISTINE INTERNATIONAL REALTY LLC
List Price
$1,599,000
Sold Price
$1,599,000
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.31%
Original Mortgage
$1,279,200
Outstanding Balance
$1,262,742
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$766,677

Purchase Details

Closed on
Dec 15, 2021
Sold by
Shepard Craig R and Morrison Ann E
Bought by
Shepard Craig R and Morrison Ann E

Purchase Details

Closed on
Dec 21, 2005
Sold by
Shepard Craig R and Frances R Shepard Family Trust
Bought by
Shepard Craig R and Morrison Ann E
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,599,000 None Listed On Document
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,279,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 Pending -- -- --
04/13/2025 04/13/25 Price Changed $2,150,000 -4.4% $1,913 / Sq Ft
02/21/2025 02/21/25 For Sale $2,250,000 +40.7% $2,002 / Sq Ft
02/27/2024 02/27/24 Sold $1,599,000 0.0% $1,423 / Sq Ft
12/28/2023 12/28/23 Pending -- -- --
12/28/2023 12/28/23 For Sale $1,599,000 -- $1,423 / 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 $15,394 $1,316,570 $1,000,000 $316,570
2024 $14,283 $917,650 $825,000 $92,650
2023 $14,283 $903,596 $825,000 $78,596
2022 $12,831 $792,230 $725,000 $67,230
2021 $12,649 $784,923 $725,000 $59,923
2020 $10,960 $685,925 $625,000 $60,925
2019 $11,593 $686,926 $625,000 $61,926
2018 $11,294 $660,919 $600,000 $60,919
2017 $11,387 $659,916 $600,000 $59,916
2016 $11,169 $658,676 $600,000 $58,676
2015 $10,505 $607,129 $550,000 $57,129
2014 $9,391 $507,933 $465,000 $42,933
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6166659

Stellar MLS

APN: 32-2328-1872-00-310