NOT LISTED FOR SALE

116 Olympus Dr Ocoee, FL 34761

Estimated Value: $975,000 - $1,186,000

7 Beds
5.5 Baths
5,823 Sq Ft
$192/Sq Ft Est. Value

Last Sold December 10, 2014

Last sale price $574,400 $99 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $7,025/month

273 Days on Market

Highlights

  • Lake Front
  • 0.62 Acre Lot
  • Family Room with Fireplace
  • Solar Heated Indoor Pool
  • Contemporary Architecture
  • Cathedral Ceiling

About This Home

As of December 2014

Custom lakefront, split-level, 3-story, 7/5.5 pool home with one of the nicest 2-story boat docks in metro Orlando. The dock includes an electric boatlift and electric touchless boat cover. It sits on Lake Olympia, a beautiful ski lake that includes a slalom course. Lake Olympia also features great fishing and is the perfect size to paddle around on a standup paddleboard or kayak. Five bedrooms have lake view. In addition to a large pool deck on the ground floor, there are two large balconies inside the pool screen enclosure on the second and third floors. An updated kitchen on the second/main floor opens into a large nook and great room with a panoramic sunset lake view from everywhere. These rooms, the formal dining and the huge main floor balcony all feature rich travertine stone flooring. The main floor also has a bedroom with a full bath. The owner's suite on the top floor includes a large balcony overlooking the lake, big sitting area and generous bath. 4 flex/bonus rooms. A flex room near the frontentry is separated by beautiful 8' glass doors and could be used as a formal living room, den or office. A 21x15 bedroom on the top floor could also be used as a large activity room. The ground floor has an incredibly large bar area just off the pool deck adjacent to another great room. There is a large bedroom, with bonus room and full bath on the ground floor overlooking the pool and lake. A 16x13 storage room on the floor includes hookups to use as a second laundry room.

Last Agent to Sell the Property

Michael COLLINS

License #3263004 Listed on: 02/15/2014

Last Buyer's Agent

Kris LaPoint

FOLIO REALTY LLC License #3051273

FOLIO REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,848

Year Built

  • Built in 1999

Lot Details

  • 0.62 Acre Lot
  • Lake Front
  • East Facing Home
  • Property is zoned R-1AA

HOA Fees

  • $37 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Contemporary Architecture
  • Tri-Level Property
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,823 Sq Ft Home
  • Wet Bar
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room
  • Lake Views
  • Fire and Smoke Detector
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Brick
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet

Pool

  • Solar Heated Indoor Pool
  • Screened Pool
  • Vinyl Pool
  • Spa
  • Fence Around Pool
  • Pool Tile
  • Auto Pool Cleaner

Outdoor Features

  • Access To Lake
  • Water Skiing Allowed

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Lake Olympia Club Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 550
  • Assessor Parcel Number 16-22-28-4719-00-550

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,848

Year Built

Built in 1999

Lot Details

0

HOA Fees

$37 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 5823
  • Lot Size Acres: 0.62
  • New Construction: No
  • Year Built: 1999
  • Building Area Total: 7822
  • Lot Size Sq Ft: 27210
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • RATIO Current Price By Calculate: 98.64
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 1
  • Planned Unit Development Yn: 0
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Brick, Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Central Vaccum, Crown Molding, Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Solid Surface Counters, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Appliances Included: Convection Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Microwave Hood, Oven, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 7
  • Levels: Three Or More
  • Spa Yn: Yes
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Formal Dining Room Separate,Formal Living Room Separate,Great Room

Exterior Features

  • Direction Faces: East
  • Pool Features: Auto Cleaner, Indoor, Screen Enclosure, Solar Heat, Tile, Vinyl
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Water Body Name: LAKE OLYMPIA
  • Waterfront: Yes
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Access: Lake
  • Water Extras: Skiing Allowed
  • Water View: Lake
  • Water View YN: 1

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage Door Opener

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Fire Hydrant, Public, Street Lights
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Canal/Lake For Irrigation, Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 440
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 440.00
  • Total Monthly Fees: 36.67
  • Monthly HOA Amount: 36.67

Lot Info

  • Zoning: R-1AA
  • Parcel Number: 16-22-28-4719-00-550
  • Additional Parcels: No
  • Lot Features: City Limits, Paved
  • Flood Zone Code: AE,X
  • Future Land Use: 0130

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 6848
  • Tax Block: 00
  • Tax Book Number: 0025/0081
  • Tax Lot: 550

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2015
Sold by
Hawkins Guy Michael Robin
Bought by
Hawkins Guy Michael Robin and Guy Michael Robin Hawkins Revocable Livi
Current Estimated Value
$1,115,129

Purchase Details

Listed on
Feb 15, 2014
Closed on
Dec 9, 2014
Sold by
Collins Roger L
Bought by
Hawkins Guy
Seller's Agent
Michael COLLINS
Buyer's Agent
Kris LaPoint
FOLIO REALTY LLC
List Price
$699,000
Sold Price
$574,400
Premium/Discount to List
-$124,600
-17.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%

Purchase Details

Closed on
Oct 29, 2007
Sold by
Arnott Malcolm Ronald and Arnott Heather Joy
Bought by
Collins Roger L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2006
Sold by
Satchell Leonard R and Satchell Margaret E
Bought by
Arnott Malcolm Ronald and Arnott Heather Joy

Purchase Details

Closed on
Aug 30, 1995
Sold by
W Inv Inc
Bought by
Satchell Leonard R and Satchell Margaret E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hawkins Guy Michael Robin -- None Available
Hawkins Guy $574,400 La Rosa Title Llc
Collins Roger L $800,000 Stewart Approved Title Inc
Arnott Malcolm Ronald $786,000 Fidelity National Title Ins
Satchell Leonard R $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collins Roger L $640,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2015 03/10/15 Off Market $574,400 -- --
12/10/2014 12/10/14 Sold $574,400 -4.1% $99 / Sq Ft
11/16/2014 11/16/14 Pending -- -- --
11/03/2014 11/03/14 Price Changed $599,000 -7.7% $103 / Sq Ft
08/30/2014 08/30/14 Price Changed $649,000 -3.7% $111 / Sq Ft
04/06/2014 04/06/14 Price Changed $674,000 -3.6% $116 / Sq Ft
02/15/2014 02/15/14 For Sale $699,000 -- $120 / 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 $13,749 $896,025 -- --
2024 $12,660 $814,568 -- --
2023 $12,660 $830,682 $175,000 $655,682
2022 $10,920 $651,520 $145,000 $506,520
2021 $9,968 $556,360 $140,000 $416,360
2020 $9,502 $544,940 $125,000 $419,940
2019 $10,068 $543,521 $120,000 $423,521
2018 $10,135 $534,104 $120,000 $414,104
2017 $10,150 $524,903 $120,000 $404,903
2016 $9,954 $499,541 $105,000 $394,541
2015 $9,772 $477,047 $75,000 $402,047
2014 -- $435,063 $75,000 $360,063
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5210202

Stellar MLS

APN: 16-2228-4719-00-550