NOT LISTED FOR SALE

1566 Lake Rhea Dr Windermere, FL 34786

Estimated Value: $1,557,000 - $1,585,952

4 Beds
4 Baths
4,994 Sq Ft
$314/Sq Ft Est. Value

Last Sold April 26, 2022

Last sale price $1,400,000 $280 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $10,273/month

51 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Fitness Center
  • Fishing
  • Lake Whitney Elementary School Rated A
  • Screened Pool
  • Gated Community

About This Home

As of April 2022

* LAKE FRONT immaculate custom home is sited directly on Lake Rhea in guard gated Reserve at Belmere. 3 Car Garage with circular paver drive showcases the dramatic fountain. The two story entry features stone flooring, dramatic wrought iron staircase, and expansive double front doors. The formal areas are elegantly appointed with wood flooring and ornate ceiling details. Just off the entry the office/study is complete with his and hers work stations. Entertain family and friends in the casual family areas opening naturally to the New gourmet kitchen taking in natural light through the oversized glass doors. The kitchen is a chefs delight with working island, NEW stainless appliances, exotic NEW marble countertops and Backsplash and New custom cabinetry. The outdoor resort style setting includes an expansive covered lanai, a sparkling pool with a lush lawn and stunning lakefront vistas as a backdrop. The owners suite is totally private with wood floors and direct access to the outdoors. Upstairs enjoy game night in the loft with balcony overlooking the pool and lake. All three secondary bedrooms are upstairs and have large closets. Two of the 4 full bathrooms are located on the 2nd floor.

Last Agent to Sell the Property

John Henthorn

HENTHORN REAL ESTATE License #3507421 Listed on: 01/17/2022

Last Buyer's Agent

John Henthorn

HENTHORN REAL ESTATE License #3507421 Listed on: 01/17/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,678

Year Built

  • Built in 2005

Lot Details

  • 0.39 Acre Lot
  • 100 Feet of Waterfront
  • Lake Front
  • North Facing Home
  • Irrigation
  • Property is zoned P-D

HOA Fees

  • $167 Monthly HOA Fees

Parking

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

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,994 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Full Bathrooms

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Screened Pool
  • In Ground Pool
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • Access To Lake
  • Powered Boats Permitted
  • Balcony
  • Exterior Lighting

Schools

  • Lake Whitney Elementary School
  • Sunridge Middle School
  • West Orange High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Sentry Management Association
  • Reserve At Belmere Ph 02 48 144 Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Fishing
  • Park

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,678

Year Built

Built in 2005

Lot Details

0

HOA Fees

$167 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 4994
  • Lot Size Acres: 0.39
  • New Construction: No
  • Year Built: 2005
  • Lot Size Sq Ft: 17199
  • Directions to Property: Maguire to Reserve at Belmere Dr through the guard gate to left on Glenheather Dr to 1st left on Lake Rhea Dr to home
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5997211?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5997211?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Call Center Phone Number: 407-953-1955
  • Ratio: Close Price\List Price: 1.03704
  • Price per Sq Ft: 280.34
  • Close to Original List Price Ratio: 0.90323
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room
  • Living Area Units: Square Feet
  • Flooring: Marble, Hardwood
  • Full Bathrooms: 4
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Yn: No
  • Street Number Modifier: 1566
  • Room Count: 10
  • Additional Rooms: Bonus Room, Den/Library/Office, Family Room, Formal Dining Room Separate, Formal Living Room Separate

Exterior Features

  • Direction Faces: North
  • Pool Features: Gunite, In Ground, Screen Enclosure
  • Exterior Features: Balcony, Irrigation System, Lighting, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • Water Body Name: Lake Rhea
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Lake
  • Water Access: Lake
  • Water Extras: Powerboats – None Allowed
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12095C0220F
  • Waterfront Frontage: 100
  • Water Frontage Feet Lake: 100
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Driveway, Garage Door Opener
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Sprinkler Meter, Street Lights, Underground Utilities
  • Cooling: Central Air, Zoned
  • Heating: Central, Heat Pump, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Fishing, Fitness, Gated Community, Park, Playground, Sidewalk, Tennis Courts
  • Association Amenities: Fitness Center, Park, Playground, Recreation Facilities, Security, Tennis Court(s)
  • Association Fee: 167
  • Association Fee Frequency: Monthly
  • Association Name: Sentry Management
  • Association: Yes
  • Security: Fire Alarm, Gated Community, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 2004
  • Monthly HOA Fee: 167
  • Total Monthly Fees: 167

Schools

  • Elementary School: Lake Whitney Elem
  • High School: West Orange High
  • Middle Or Junior School: SunRidge Middle

Lot Info

  • Zoning: P-D
  • Parcel Number: 31-22-28-7353-02-110
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25

Rental Info

  • Pets Allowed: Yes
  • Pet Restrictions: PER HOA

Tax Info

  • Tax Annual Amount: 9678
  • Tax Block: B
  • Tax Book Number: 0
  • Tax Lot: 11

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2022
Closed on
Apr 26, 2022
Sold by
Isaac Jean Louis and Isaac Santhia
Bought by
Yin Fengxia and Li Zhenjiang
Seller's Agent
John Henthorn
HENTHORN REAL ESTATE
Buyer's Agent
John Henthorn
HENTHORN REAL ESTATE
List Price
$1,350,000
Sold Price
$1,400,000
Premium/Discount to List
$50,000
3.7%
Current Estimated Value
$1,570,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,238
Avg. Annual Appreciation
3.38%
Original Mortgage
$910,400
Outstanding Balance
$750,627
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$819,611

Purchase Details

Listed on
Jul 31, 2018
Closed on
Oct 2, 2018
Sold by
Shah Rajesh A and Shah Nisha R
Bought by
Isaac Louis Jean and Julien Santhia
Seller's Agent
Steve Healy
CORCORAN PREMIER REALTY
Buyer's Agent
John Henthorn
FLORIDA INT'L INVESTORS REALTY
List Price
$949,000
Sold Price
$907,500
Premium/Discount to List
-$41,500
-4.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.91%

Purchase Details

Closed on
Jun 8, 2007
Sold by
Gupta Parveen K and Gupta Nidhi
Bought by
Shah Rajesh A and Shah Nisha R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$748,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2005
Sold by
Applied Building Development Of Orlando
Bought by
Gupta Parveen K and Gupta Nidhi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
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
Yin Fengxia $1,400,000 New Title Company Name
Isaac Louis Jean $907,500 Premier Title Insurance Comp
Shah Rajesh A $935,000 Dba Wci Title
Gupta Parveen K $606,900 Enterprise Title Of Cf
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yin Fengxia $910,400
Previous Owner Shah Rajesh A $748,000
Previous Owner Gupta Parveen K $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2022 04/26/22 Sold $1,400,000 +3.7% $280 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $1,350,000 -3.6% $270 / Sq Ft
02/01/2022 02/01/22 Off Market $1,400,000 -- --
02/01/2022 02/01/22 Pending -- -- --
01/29/2022 01/29/22 Price Changed $1,350,000 -12.9% $270 / Sq Ft
01/17/2022 01/17/22 For Sale $1,550,000 +70.8% $310 / Sq Ft
10/02/2018 10/02/18 Sold $907,500 -2.9% $182 / Sq Ft View Prior Sale
09/09/2018 09/09/18 Pending -- -- --
09/05/2018 09/05/18 Price Changed $935,000 -1.5% $187 / Sq Ft
07/30/2018 07/30/18 For Sale $949,000 -- $190 / 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 $20,972 $1,375,910 $200,000 $1,175,910
2024 $17,940 $1,321,790 $200,000 $1,121,790
2023 $17,940 $1,138,047 $190,000 $948,047
2022 $10,277 $683,819 $0 $0
2021 $10,150 $663,902 $0 $0
2020 $9,678 $654,736 $125,000 $529,736
2019 $10,182 $651,649 $115,000 $536,649
2018 $10,010 $633,413 $0 $0
2017 $9,897 $626,119 $115,000 $511,119
2016 $9,874 $611,998 $115,000 $496,998
2015 $10,052 $605,464 $105,000 $500,464
2014 $10,166 $616,599 $105,000 $511,599
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5997211

Stellar MLS

APN: 31-2228-7353-02-110