NOT LISTED FOR SALE

1303 Spring Lake Terrace Ocoee, FL 34761

Estimated Value: $555,000 - $641,000

3 Beds
2 Baths
2,842 Sq Ft
$216/Sq Ft Est. Value

Last Sold January 19, 2022

Last sale price $540,290 $190 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,834/month

35 Days on Market

Highlights

  • 126 Feet of Waterfront
  • Guest House
  • In Ground Pool
  • Parking available for a boat
  • Oak Trees
  • Lake View

About This Home

As of January 2022

Are you searching for a LAKEFRONT property close in, but with a great lot? This is it! I love this home. Every room has a wonderful view of the pool and the lake. Spring Lake is the lake this home fronts on. It is located in a super private are and is just perfect for a large family or housemates. Drive into the long paver driveway and see the great location of this home. Pull up and see the separate office and workshop, and then step into the drive to enter the home. This home was built in the 60's and so the front of the home faces the lake. Stunning! Step inside and see a HUGE room dedicated to fun and friends. There is a great bar complete with all the bar items necessary for a wonderful holiday party. There are French doors that open to the pool and patio over looking the gorgeous lake. There is a pool table positioned right by the stunning wood burning fireplace and even more. The walls and ceiling are finished with pecky cypress and almost indestructible. This spacious play room is perfect for family, friends or the most fun party every. There is plenty of room for extra seating, a huge screen television and all kinds of games and fun. Now lets step up into the rest of this gorgeous home. As you enter you will see a well appointed kitchen with a super breakfast room. There is a fun bar that looks into the kitchen area over the cooktop, so you can chat with the chef while they make a tasty meal. The kitchen has updated appliances, Corian counters and loads of cabinetry for all your cooking utensils. The kitchen window looks out to a lush garden and terraced yard. To the left there is a beautiful glass block that cozy in a super formal dining room. Made for privacy but styled with everyone in mind, it also has gorgeous views of the water. The bathrooms are open, spacious and have all kinds of extra storage for linens. The bedrooms are large, open and loaded with natural light and beautiful views. The master is toward the back of the home, so it overlooks the gorgeous lake and beautiful gardens, but talk about large. When you are ready to retreat from the world, this private oasis is the beautiful setting for peace and tranquility. The home has stunning 3/4 inch oak hardwood floors and the patina is wonderful throughout. The master bedroom, closet and bath are just the perfect setting for your own big screen tv, lounger chair, king size bed or personal office space. However, there is a 770 square foot office and workroom detached from this home. So no need to have your office inside your home when you are steps away from a huge private office/workspace. This office/workspace has a reception area, private offices, as well and a 20foot high ceiling workroom for anything you need to create or produce. They had a print shop in there. The pool and deck are just another wonderful addition to this gorgeous home. The land goes on forever, the views are stunning, the trees and property are what a few lucky individuals work their whole life to own. The homes in this neighborhood are well over 1 million. Come and see this steal of a deal today. Great schools, great neighborhood, and a great life can be lived here. Tucked away in a private setting and in a wonderful neighborhood. Come and see the most wonderful area of Ocoee! Come and see today. NO HOA so have your boat, your chickens and there is no HOA to tell you how to live. Come and enjoy YOUR FLORIDA LIFESTYLE!

Last Agent to Sell the Property

Bethanne Baer

BEAR TEAM REAL ESTATE License #553431 Listed on: 11/04/2021

Last Buyer's Agent

Lisa Foster

PREFERRED REAL ESTATE BROKERS License #3195084

PREFERRED REAL ESTATE BROKERS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,398

Year Built

  • Built in 1963

Lot Details

  • 1.71 Acre Lot
  • Lot Dimensions are 25x376x187x236x440x270x118
  • 126 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Street terminates at a dead end
  • Unincorporated Location
  • West Facing Home
  • Masonry wall
  • Chain Link Fence
  • Mature Landscaping
  • Oversized Lot
  • Level Lot
  • Irregular Lot
  • Cleared Lot
  • Oak Trees
  • Property is zoned PUD-LD

Parking

  • 6 Car Garage
  • Bathroom In Garage
  • Driveway
  • Parking available for a boat

Property Views

  • Lake
  • Woods
  • Pool

Home Design

  • Florida Architecture
  • Studio
  • Slab Foundation
  • Shingle Roof
  • Membrane Roofing
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,842 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Drapes & Rods
  • French Doors
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Bonus Room
  • Storage Room
  • Laundry Room
  • Inside Utility
  • Crawl Space
  • Attic Ventilator

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Gunite Pool
  • Pool Deck
  • Pool Lighting

Outdoor Features

  • Access To Lake
  • Water Skiing Allowed
  • Deck
  • Patio
  • Exterior Lighting
  • Separate Outdoor Workshop
  • Shed
  • Rain Gutters
  • Front Porch

Schools

  • Spring Lake Elementary School
  • Ocoee Middle School
  • Ocoee High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Irrigation System Uses Rainwater From Ponds
  • Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,398

Year Built

Built in 1963

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida, Ranch
  • Construction Materials: Block, Concrete
  • Fireplace: Yes
  • Living Area: 2842
  • Lot Size Acres: 1.71
  • New Construction: No
  • Year Built: 1963
  • Building Area Total: 4391
  • Lot Size Sq Ft: 74488
  • Number Of Lots: 1
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5982754?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5982754?w=Customer
  • Floor Number: 1
  • Homestead Y N: Yes
  • Number Of Pets: 6
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: Yes
  • Home Warranty Y N: No
  • Subdivision Num: 00
  • Property Description: Studio/Efficiency
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 1.01961
  • Price per Sq Ft: 190.11
  • Close to Original List Price Ratio: 1.01961
  • Ratio: Current Price\Building Area Total: 123.04
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room, Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Attic Ventilator, Built in Features, Ceiling Fans(s), Eating Space In Kitchen, Thermostat, Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Electric Water Heater, Exhaust Fan, Microwave, Other, Range, Refrigerator
  • Foundation Details: Crawlspace, Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Blinds, Drapes, Rods, Window Treatments
  • Room Count: 14
  • Additional Rooms: Attic, Bonus Room, Den/Library/Office, Family Room, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility, Storage Rooms

Exterior Features

  • Direction Faces: West
  • Other Structures: Guest House, Other, Shed(s), Storage, Workshop
  • Pool Features: Deck, Gunite, In Ground, Lighting, Other
  • Exterior Features: Fenced, French Doors, Irrigation System, Lighting, Other, Rain Gutters, Sidewalk, Sliding Doors, Storage
  • Roof: Membrane, Other, Shingle
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End, Private Road
  • View: Pool, Trees/Woods, Water
  • Water Body Name: Spring Lake
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Front Porch, Patio, Porch, Side Porch
  • Road Surface Type: Paved, Asphalt
  • Water View: Lake
  • Water Access: Lake
  • Water Extras: Skiing Allowed
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12095C0210F
  • Waterfront Frontage: 126
  • Water Frontage Feet Lake: 126
  • Additional Water Information: https://orange.wateratlas.usf.edu/upload/documents/Lake-Fact-Sheet_Spring-Ocoee.pdf
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 6
  • Garage Yn: Yes
  • Parking Features: Bath In Garage, Boat, Driveway, Other, Oversized
  • Covered Parking Spaces: 6
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Phone Available, Public, Street Lights, Underground Utilities, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Canal/Lake For Irrigation, Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Condo Land Included Y N: No
  • Amenities Additional Fees: https://orange.wateratlas.usf.edu/upload/documents/Lake-Fact-Sheet_Spring-Ocoee.pdf
  • Complex Community Name NCCB: SILVER GLENN
  • Association Approval Required YN: No

Schools

  • Elementary School: Spring Lake Elem (Orange Cty)
  • High School: Ocoee High
  • Middle Or Junior School: Ocoee Middle

Lot Info

  • Zoning: PUD-LD
  • Parcel Number: 16-22-28-0000-00-022
  • Additional Parcels: No
  • Fencing: Chain Link, Masonry, Other
  • Lot Features: Cleared, In County, Irregular Lot, Level, Oversized Lot, Unincorporated
  • Lot Dimensions: 25x376x187x236x440x270x118
  • Property Attached Yn: Yes
  • Flood Zone Code: AE
  • Flood Zone Date: 2009-09-25
  • Zoning Compatible Y N: Yes

Green Features

  • Green Water Conservation: Irrig. System-Rainwater from Ponds
  • Green Landscaping: Fl. Friendly/Native Landscape
  • Green Verification Count: 1

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Minimum Lease: 7 Months
  • Pet Restrictions: Per county code
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: If leasing less than 7 months, 13% tourist taxes must be applied.

Tax Info

  • Tax Annual Amount: 2398
  • Tax Block: N/A
  • Tax Book Number: 4280/2888
  • Tax Lot: 22

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2021
Closed on
Jan 18, 2022
Sold by
Neal James O and Neal Mary S
Bought by
Zenon Noel
Seller's Agent
Bethanne Baer
BEAR TEAM REAL ESTATE
Buyer's Agent
Lisa Foster
PREFERRED REAL ESTATE BROKERS
List Price
$529,900
Sold Price
$540,290
Premium/Discount to List
$10,390
1.96%
Current Estimated Value
$615,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,947
Avg. Annual Appreciation
3.33%
Original Mortgage
$490,500
Outstanding Balance
$452,057
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$163,180

Purchase Details

Closed on
Sep 21, 1994
Sold by
Varnes W Pitt and Varnes Reba T
Bought by
Neal James O and Neal Mary S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zenon Noel $540,290 Stewart Title
Neal James O $6,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zenon Noel $490,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2022 01/19/22 Sold $540,290 +2.0% $190 / Sq Ft
12/09/2021 12/09/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $529,900 -1.9% $186 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
11/16/2021 11/16/21 Off Market $540,290 -- --
11/04/2021 11/04/21 For Sale $529,900 -- $186 / 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 $7,443 $475,785 $180,000 $295,785
2024 $7,202 $462,215 $180,000 $282,215
2023 $7,202 $445,669 $180,000 $265,669
2022 $2,543 $161,592 $0 $0
2021 $2,511 $156,885 $0 $0
2020 $2,398 $154,719 $0 $0
2019 $2,478 $151,240 $0 $0
2018 $2,467 $148,420 $0 $0
2017 $2,449 $202,829 $70,000 $132,829
2016 $2,452 $201,198 $70,000 $131,198
2015 $2,490 $187,357 $58,403 $128,954
2014 $2,474 $141,726 $52,162 $89,564
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5982754

Stellar MLS

APN: 16-2228-0000-00-022