NOT LISTED FOR SALE

1473 Kelso Blvd Windermere, FL 34786

Estimated Value: $2,435,000 - $2,746,000

4 Beds
4.5 Baths
5,856 Sq Ft
$448/Sq Ft Est. Value

Last Sold August 14, 2018

Last sale price $1,575,000 $269 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $16,416/month

419 Days on Market

Highlights

  • Boathouse
  • 476 Feet of Waterfront
  • Parking available for a boat
  • Windermere Elementary School Rated A
  • Covered Dock
  • Oak Trees

About This Home

As of August 2018

An EXCEPTIONAL location on Lake Butler. Why is it priced nearly a ¼ million less than the tax assessed value? Why is it $400,000 less than Zillow estimated value? Simple, the house has no Pizzazz. It's a nice home, very comfortable, even had a major remodel an few years back. Consider the house a freebie. The real Show Stopper is the lot. The lot is awesome – I repeat awesome. Located at end of the road, next to a large family compound – the neighbor to the south is barley visible. Over 160 ft of frontage, it's away from canals and boat traffic, over 1 mile across the lake – wide open views. Big oak trees, southern shoreline is a taste of old Florida. Acre lot with plenty of room to expand or tear down and build new. Large dock with upstairs deck. This property is all about the lot, the lot, the lot. Buy an awesome lot and get a house for free. Bring your decorator or builder and steal a deal on Lake Butler.

Last Agent to Sell the Property

Levi Salmans

XCELLENCE REALTY INC. License #549696 Listed on: 06/19/2017

XCELLENCE REALTY INC.

Last Buyer's Agent

Alex Vastardis

COLDWELL BANKER REALTY License #665212

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,773

Year Built

  • Built in 1981

Lot Details

  • 0.99 Acre Lot
  • 476 Feet of Waterfront
  • Property fronts a lake that is connected to a chain of lakes
  • Street terminates at a dead end
  • Mature Landscaping
  • Oversized Lot
  • Level Lot
  • Well Sprinkler System
  • Oak Trees
  • Property is zoned R-CE

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 5 Car Attached Garage
  • Parking Pad
  • Bathroom In Garage
  • Workshop in Garage
  • Tandem Parking
  • Garage Door Opener
  • Circular Driveway
  • Guest Parking
  • Open Parking
  • Parking available for a boat
  • Golf Cart Parking

Home Design

  • Contemporary Architecture
  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stone Siding
  • Stucco

Interior Spaces

  • 5,856 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Bar Fridge
  • Crown Molding
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Formal Dining Room
  • Home Theater
  • Den
  • Bonus Room
  • Inside Utility
  • Laundry in unit
  • Chain Of Lake Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet

Outdoor Features

  • Access To Chain Of Lakes
  • Water Skiing Allowed
  • Boathouse
  • Covered Dock
  • Dock made with wood
  • Deck
  • Covered Patio or Porch
  • Shed

Schools

  • Windermere Elementary School
  • Bridgewater Middle School
  • Windermere High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Kelso On Lake Butler Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,773

Year Built

Built in 1981

Lot Details

0

HOA Fees

$38 per month

Parking

5

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stone, Stucco
  • Fireplace: Yes
  • Living Area: 5856
  • Lot Size Acres: 0.99
  • New Construction: No
  • Year Built: 1981
  • Building Area Total: 7948
  • Lot Size Sq Ft: 43340
  • Directions to Property: From Lake Butler Rd, then South on McKinnon, Left on W Lake Butler, Left on Kelso go to end of Kelso Blvd home on left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5518721&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5518721&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/2 to less than 1
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.9
  • Price per Sq Ft: 268.95
  • Close to Original List Price Ratio: 0.7875
  • Ratio: Current Price\Building Area Total: 198.16
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Appliances Included: Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Microwave, Oven, Refrigerator, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Window Features: Blinds
  • Street Number Modifier: 1473
  • Room Count: 13
  • Additional Rooms: Bonus Room, Den/Library/Office, Family Room, Formal Dining Room Separate, Foyer, Great Room, Inside Utility, Media Room
  • ResoLivingAreaSource: Owner

Exterior Features

  • Other Structures: Boat House, Shed(s)
  • Exterior Features: Irrigation System, Other
  • Roof: Shingle
  • Pool Private: No
  • Road Frontage Type: Street Dead-End
  • View: Water
  • Water Body Name: Lake Butler
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View: Lake - Chain of Lakes
  • Water Access: Lake - Chain of Lakes
  • Water Extras: Boathouse, 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: 12095C0385F
  • Waterfront Frontage: 476
  • Additional Water Information: Premium Lot on Lake Butler, deep water, private, excellent views
  • Water Frontage Feet Lake Chain: 476
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 5
  • Garage Yn: Yes
  • Parking Features: Bath In Garage, Boat, Circular Driveway, Garage Door Opener, Golf Cart Parking, Guest, Oversized, Parking Pad, Tandem, Workshop in Garage
  • Covered Parking Spaces: 5
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Sprinkler Well
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Zoned
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 450
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 450
  • Monthly HOA Fee: 37.5
  • Total Monthly Fees: 37.5

Schools

  • Elementary School: Windermere Elem
  • High School: Windermere High School
  • Middle Or Junior School: Bridgewater Middle

Lot Info

  • Zoning: R-CE
  • Parcel Number: 13-23-27-4110-00-250
  • Additional Parcels: No
  • Lot Features: In County, Level, Oversized Lot
  • Lot Dimensions: 161 front, 312 side, 160 lake
  • Property Attached Yn: No
  • Millage Rate: 16.89
  • Flood Zone Code: AE
  • Flood Zone Date: 2009-09-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 24773
  • Tax Block: 00/250
  • Tax Book Number: 5-48
  • Tax Lot: 25

Multi Family

  • Waterfront Features: Lake - Chain of Lakes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2017
Closed on
Aug 7, 2018
Sold by
Silverman Mark A and Silverman Lucy A
Bought by
Skorman Marc and Marc Skorman Declaration Of Tr
Seller's Agent
Levi Salmans
XCELLENCE REALTY INC.
Buyer's Agent
Alex Vastardis
COLDWELL BANKER REALTY
List Price
$1,750,000
Sold Price
$1,575,000
Premium/Discount to List
-$175,000
-10%
Current Estimated Value
$2,626,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,051,187
Avg. Annual Appreciation
7.41%
Original Mortgage
$945,000
Outstanding Balance
$593,615
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,032,572

Purchase Details

Closed on
Dec 29, 2003
Sold by
Oldham Lawrence W and Oldham Lana D
Bought by
Silverman Mark A and Silverman Lucy A

Purchase Details

Closed on
Jun 9, 2003
Sold by
Ficquette John D and Ficquette Robert W
Bought by
Oldham Lawrence W and Oldham Lana D

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
5.3%
Mortgage Type
Purchase Money Mortgage
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
Skorman Marc $1,575,000 Attorney
Silverman Mark A $1,400,000 Treasure Title Ins Svcs Inc
Oldham Lawrence W $1,395,000 American Pioneer Title Insur
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skorman Marc $945,000
Previous Owner Oldham Lawrence W $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2018 08/14/18 Sold $1,575,000 -10.0% $269 / Sq Ft
08/13/2018 08/13/18 Pending -- -- --
08/04/2018 08/04/18 For Sale $1,750,000 0.0% $299 / Sq Ft
02/16/2018 02/16/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $1,750,000 +11.1% $299 / Sq Ft
01/30/2018 01/30/18 Off Market $1,575,000 -- --
12/08/2017 12/08/17 Price Changed $1,750,000 -1.1% $299 / Sq Ft
12/06/2017 12/06/17 Price Changed $1,769,000 -0.6% $302 / Sq Ft
12/04/2017 12/04/17 Price Changed $1,779,000 -1.1% $304 / Sq Ft
12/02/2017 12/02/17 For Sale $1,799,000 +14.2% $307 / Sq Ft
12/01/2017 12/01/17 Off Market $1,575,000 -- --
10/04/2017 10/04/17 Price Changed $1,799,000 -10.0% $307 / Sq Ft
09/01/2017 09/01/17 Price Changed $1,999,000 +900.0% $341 / Sq Ft
09/01/2017 09/01/17 Price Changed $199,900 -90.0% $34 / Sq Ft
08/29/2017 08/29/17 Price Changed $1,999,200 0.0% $341 / Sq Ft
08/28/2017 08/28/17 Price Changed $1,999,250 0.0% $341 / Sq Ft
08/24/2017 08/24/17 Price Changed $1,999,399 0.0% $341 / Sq Ft
08/17/2017 08/17/17 Price Changed $1,999,475 0.0% $341 / Sq Ft
08/15/2017 08/15/17 Price Changed $1,999,500 0.0% $341 / Sq Ft
08/14/2017 08/14/17 Price Changed $1,999,575 0.0% $341 / Sq Ft
08/11/2017 08/11/17 Price Changed $1,999,650 0.0% $341 / Sq Ft
08/10/2017 08/10/17 Price Changed $1,999,700 0.0% $341 / Sq Ft
08/04/2017 08/04/17 Price Changed $1,999,900 0.0% $342 / Sq Ft
06/19/2017 06/19/17 For Sale $2,000,000 -- $342 / 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 $28,798 $1,759,410 $1,150,000 $609,410
2024 $27,090 $1,731,580 $1,150,000 $581,580
2023 $27,090 $1,694,567 $1,150,000 $544,567
2022 $25,857 $1,615,007 $1,150,000 $465,007
2021 $24,302 $1,488,774 $1,075,000 $413,774
2020 $23,608 $1,495,386 $1,075,000 $420,386
2019 $25,080 $1,501,997 $1,075,000 $426,997
2018 $34,003 $2,018,517 $1,025,000 $993,517
2017 $24,774 $1,968,749 $1,000,000 $968,749
2016 $24,763 $1,890,938 $950,000 $940,938
2015 $25,192 $1,759,857 $800,000 $959,857
2014 $25,417 $1,524,254 $725,000 $799,254
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5518721

Stellar MLS

APN: 13-2327-4110-00-250