NOT LISTED FOR SALE

1632 Lake Rhea Dr Windermere, FL 34786

Estimated Value: $1,156,000 - $1,300,116

4 Beds
4 Baths
3,620 Sq Ft
$346/Sq Ft Est. Value

Last Sold November 09, 2020

Last sale price $870,000 $240 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $7,825/month

65 Days on Market

Highlights

  • 93 Feet of Waterfront
  • Boat Dock
  • Heated In Ground Pool
  • Lake Whitney Elementary School Rated A
  • Fitness Center
  • Fishing

About This Home

As of November 2020

Stunning Windermere lakefront home located within the 24-hour guard-gated community of Reserve at Belmere. This home is perfectly positioned on tranquil Lake Rhea with over 90 feet of dockable lake frontage. As you step through the front doors you are immediately greeted by a bright open floor plan with rich hardwood floors, beautiful ceiling details, and custom finishes throughout. The chef in the family will love working in the kitchen with its amazing lake views from the wall of windows in the family room. The master suite features a separate sitting area and a spa bath with a large walk-in shower and separate soaking tub. There are two additional bedrooms on the first floor plus a home office and a 4th bedroom suite/bonus room on the second floor. Exterior amenities include an amazing outdoor entertaining area with an elevated infinity-edge pool, a swim-up bar, slide, hot tub, fire pit, and a summer kitchen with an outdoor fireplace, and multiple seating areas with outdoor speakers for entertaining. The home also features a new roof and two new driveways for extra parking. Reserve at Belmere amenities include basketball courts, tennis courts, a gym, a community fishing pier, and a playground. Located just minutes from world-class dining, shopping, and all the area theme parks. The location is almost impossible to beat.

Last Agent to Sell the Property

Julie Christensen

COMPASS FLORIDA LLC License #3197932 Listed on: 08/05/2020

COMPASS FLORIDA LLC

Last Buyer's Agent

Judy Black

UPSIDE REAL ESTATE INC License #329124

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,295

Year Built

  • Built in 2004

Lot Details

  • 0.31 Acre Lot
  • 93 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • East Facing Home
  • Level Lot
  • Irrigation
  • Property is zoned P-D

HOA Fees

  • $167 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Guest Parking

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,620 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

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

Pool

  • Heated In Ground Pool
  • Saltwater Pool
  • Pool Lighting
  • Heated Spa

Outdoor Features

  • Access To Lake
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard
  • Sentry Management/Carlos Borrego Association, Phone Number (352) 243-4595
  • Reserve At Belmere Ph 02 48 144 Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Fishing
  • Park

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,295

Year Built

Built in 2004

Lot Details

0

HOA Fees

$167 per month

Parking

3

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Other
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 3620
  • Lot Size Acres: 0.31
  • New Construction: No
  • Year Built: 2004
  • Building Area Total: 4446
  • Lot Size Sq Ft: 13431
  • Directions to Property: From Maguire Rd, approach the security gate at Reserve at Belmere (must show DL for entry). Turn Left onto Glen Heather Dr. Turn Right onto Lake Rhea Dr.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5879772?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5879772?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.96667
  • Price per Sq Ft: 240.33
  • Close to Original List Price Ratio: 0.96667
  • Ratio: Current Price\Building Area Total: 195.68
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Engineered Hardwood
  • Full Bathrooms: 4
  • Interior Amenities: Built in Features, Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Master Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 2
  • Street Number Modifier: 1632
  • Room Count: 9

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated, In Ground, Lighting, Salt Water
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • Road Frontage Type: Private Road
  • Water Body Name: Lake Rhea
  • Waterfront: Yes
  • Water View: Lake
  • Water Access: Lake
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12095C0220F
  • Waterfront Frontage: 93
  • Water Frontage Feet Lake: 93
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Faces Side, Guest
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fishing, Fitness, Gated Community, Park, Playground, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Basketball Court, Boat Dock, Fitness Center, Gated, Security, Tennis Court(s)
  • Association Fee: 2004
  • Association Fee Frequency: Annually
  • Association Name: Sentry Management/Carlos Borrego
  • Phone: 352-243-4595
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

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: 31-22-28-7353-02-180
  • Additional Parcels: No
  • Lot Features: In County, Level, Sidewalk
  • Flood Zone Code: AE
  • Flood Zone Date: 2009-09-25

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1-2 Years
  • Approval Process: See HOA Covenants for Approval Process
  • Pet Restrictions: SEE HOA Covenants for Restrictions.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See HOA Covenants for Restrictions

Tax Info

  • Tax Annual Amount: 8295
  • Tax Block: B
  • Tax Book Number: 48/144
  • Tax Lot: 18

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2020
Closed on
Nov 9, 2020
Sold by
Stevens Winston Douglas and Stevens Susan Walleen
Bought by
Stevens Winston Douglas and Stevens Susan Wallen
Seller's Agent
Julie Christensen
COMPASS FLORIDA LLC
Buyer's Agent
Judy Black
UPSIDE REAL ESTATE INC
List Price
$900,000
Sold Price
$870,000
Premium/Discount to List
-$30,000
-3.33%
Current Estimated Value
$1,253,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,279
Avg. Annual Appreciation
7.70%

Purchase Details

Closed on
Jan 30, 2004
Sold by
Applied Building Development Of Orlando
Bought by
Stevens Winston Douglas and Stevens Susan Walleen
Source: Public Records

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 Buyer Sale Price Title Company
Stevens Winston Douglas $870,000 Network Closing Services Inc
Stevens Winston Douglas $505,300 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2020 11/09/20 Sold $870,000 -3.3% $240 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $900,000 -- $249 / 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 $11,848 $776,874 -- --
2024 $11,043 $776,874 -- --
2023 $11,043 $732,990 $0 $0
2022 $10,710 $711,641 $0 $0
2021 $10,578 $690,914 $150,000 $540,914
2020 $8,037 $547,795 $0 $0
2019 $8,295 $535,479 $0 $0
2018 $8,178 $522,060 $0 $0
2017 $8,082 $524,336 $115,000 $409,336
2016 $8,059 $514,204 $115,000 $399,204
2015 $8,203 $500,612 $105,000 $395,612
2014 $8,302 $505,004 $105,000 $400,004
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5879772

Stellar MLS

APN: 31-2228-7353-02-180