NOT LISTED FOR SALE

1721 NE Cherry Lake Cir Madison, FL 32340

Estimated Value: $339,000 - $399,000

3 Beds
1 Bath
1,086 Sq Ft
$339/Sq Ft Est. Value

Last Sold December 18, 2023

Last sale price $345,000 $318 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,341/month

8 Days on Market

Highlights

  • Lake Front
  • Wood Flooring
  • Tankless Water Heater
  • Open Floorplan
  • Cottage
  • 1-Story Property

About This Home

As of December 2023

Prepare to be utterly enchanted by this 3-bedroom, 1-bath fairy-tale cottage nestled on the shores of the captivating Cherry Lake in North Florida. With a dash of charm and a pinch of modern flair, this haven underwent a magical makeover—new roof, central heating, and air conditioning included. The kitchen, a culinary delight with its leathered marble countertop and stainless appliances make entertaining a dream. Situated on just over an acre of level land, this fully furnished cottage is ready for its next resident. Every detail, from the coziest bedroom to the smallest toaster, is thoughtfully furnished, ensuring a seamless transition into this waterside retreat. Enjoy direct water access to the mesmerizing Cherry Lake, perfect for those seeking skiable adventures. While a dock is not currently in place, consider it a blank canvas, awaiting your personal touch to bring your waterfront dreams to life.

Last Agent to Sell the Property

Sarah Pike

The American Dream License #3141415 Listed on: 11/11/2023

Last Buyer's Agent

Rebekah Hoenstine

Avenues Real Estate Partners License #3503426

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,041

Year Built

  • Built in 1958

Lot Details

  • 1.1 Acre Lot
  • Lake Front

Parking

  • Driveway

Home Design

  • Cottage
  • Wood Siding

Interior Spaces

  • 1,086 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Window Treatments
  • Crawl Space

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Madison County Central Elementary School
  • Madison County Middle School
  • Madison County High School

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 12079-03-2N-09-5192-000-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,041

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: Residential
  • Metes Bounds: Yes
  • Miscellaneous: Some Wind Treatments, Septic Tank
  • Road Frontage Type: Paved
  • Sold Price Per Sq Ft: 317.68
  • Style Exterior: Cottage
  • Tax Database Id: 9
  • Tax Item Number: 03-2N-09-5192-000-000
  • Type: Detached Single Family
  • Waterfront: Yes
  • L V T Date: 11/11/2023
  • Street Designation: Circle
  • Number Of Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Estimated Sq Ft: 1086
  • Year Built: 1958
  • Directions: From Madison take Hwy 53 N, R on Cherry Lake Cir, property on L
  • Elementary School: Madison County Central School
  • Geo Longitude: -83.412521
  • High School: Madison County High School
  • Middle School: Madison County
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Hardwood
  • Equipment: Dishwasher, Refrigerator w/Ice, Range/Oven
  • Floor Plan: Story - One
  • Kitchen Dim: 9x17
  • Living Area Description: Open Floor Plan
  • Master Bedroom Dim: 11x12

Exterior Features

  • Construction: Siding-Wood, Crawl Space
  • Frontageview: Lake Frontage
  • Number Of Acres: 1.1

Garage/Parking

  • Garage: Driveway Only

Utilities

  • Heating: Electric
  • Cooling: Electric
  • Water Heater: Tankless

Schools

  • Elementary School: Madison County Central School
  • Middle School: Madison County
  • High School: Madison County High School

Lot Info

  • Lot Dimensions: 84x730x155x724
  • Geo Subdivision: FL

Tax Info

  • Assessor Parcel Number: 12079-03-2N-09-5192-000-000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2023
Closed on
Dec 18, 2023
Sold by
Passkiewicz Kyle A
Bought by
Vocelle Sarah Lynn
Seller's Agent
Sarah Pike
The American Dream
Buyer's Agent
Rebekah Hoenstine
Avenues Real Estate Partners
List Price
$355,000
Sold Price
$345,000
Premium/Discount to List
-$10,000
-2.82%
Views
95
Current Estimated Value
$367,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,719
Avg. Annual Appreciation
3.03%
Original Mortgage
$327,750
Outstanding Balance
$324,126
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$38,730

Purchase Details

Closed on
Jun 20, 2022
Sold by
Fin Homes Llc
Bought by
Passkiewicz Kyle Alan

Purchase Details

Listed on
Mar 29, 2021
Closed on
Apr 9, 2021
Sold by
Williams George Allen and Williams Richard S
Bought by
Fin Homes Llc
Seller's Agent
Lindsey Puczkowski
Southern Land & Homes
Buyer's Agent
Lindsey Puczkowski
Southern Land & Homes
List Price
$258,000
Sold Price
$248,000
Premium/Discount to List
-$10,000
-3.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.06%

Purchase Details

Closed on
Feb 28, 2020
Sold by
Williams Sr Richard S
Bought by
Williams Richard S and Moody Lindsey Williams

Purchase Details

Closed on
Jun 5, 2006
Sold by
Williams Sue Lynn
Bought by
Williams George A and Williams Richard S
Source: Public Records

Range of Values:

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Average Value
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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
Vocelle Sarah Lynn $345,000 North Florida Abstract & Title
Passkiewicz Kyle Alan -- None Listed On Document
Fin Homes Llc $248,000 Brokers Title
Williams Richard S $100 None Listed On Document
Williams Richard S -- None Available
Williams George A -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vocelle Sarah Lynn $327,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2023 12/18/23 Sold $345,000 -2.8% $318 / Sq Ft
11/11/2023 11/11/23 For Sale $355,000 +43.1% $327 / Sq Ft
04/09/2021 04/09/21 Sold $248,000 -3.9% $228 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
03/29/2021 03/29/21 For Sale $258,000 -- $238 / Sq Ft
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

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
2024 $4,041 $247,858 $150,000 $97,858
2023 $3,555 $212,796 $117,000 $95,796
2022 $2,671 $152,231 $97,500 $54,731
2021 $2,625 $143,601 $97,500 $46,101
2020 $2,106 $110,365 $65,625 $44,740
2019 $584 $70,904 $0 $0
2018 $589 $69,582 $0 $0
2017 $589 $135,232 $97,500 $37,732
2016 $515 $142,795 $105,000 $37,795
2015 $527 $142,858 $105,000 $37,858
2014 $520 $65,759 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

MLS Number: 365585

Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

APN: 03-2N-09-5192-000-000