NOT LISTED FOR SALE

Estimated Value: $690,000 - $814,000

4 Beds
3.5 Baths
3,543 Sq Ft
$210/Sq Ft Est. Value

Sale Details

Date Sold: July 23, 2020

Last sale price $575,000 $162 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,861 / mo

7 Days on Market

Highlights

  • 99 Feet of Waterfront
  • Oak Trees
  • Lake View
  • Frank E. Brigham Academy Rated 9+
  • Gated Community
  • Midcentury Modern Architecture

About This Home

As of July 2020

If you have ever wondered what it would be like to wake up every day in a masterpiece of modern design, this is your chance. This architectural marvel was created for the Sands Family in 1965 by a founding father of Sarasota School of Architecture, Gene Leedy. The home represents the pinnacle of Mid Century Modernism and is located on Lake Otis, known by locals as "Lake Leedy". This particular work of art performs the epic duty of showing off Mr. Leedy's signature precast concrete double "T" roof, expansive walls of glass, and natural materials, across three levels. From the telltale Ocala block, to the warm and original cork flooring, the impact that nature holds over this stunning home is unavoidable. Having only two owners in it's lifetime means that the original patina has been carefully honed and the original comfort, brilliant utility and amenities remain intact. Being comprised of 3 open levels, all of which have amazing views of Lake Otis, you can spend your mornings with a cup of coffee watching the birds, fish and other wildlife and your afternoons kayaking or water skiing out on the chain of lakes. In the evenings enjoy the amazing sunset over the lake from the patio or balconies. While there are 4 dedicated bedrooms, there are multiple "flex" spaces that make this home as accommodating to 2 people, as it is to 10. The home is loaded with features like the minimalist fireplace, expansive custom cabinetry, and a few pieces of furniture that were hand picked by Mr. Leedy himself for the "perfect fit". There are formal spaces and casual spaces along with outdoor spaces that make this home as ideal for entertaining as it is for nesting and social distancing. The neighborhood of Lakewood is gated for privacy and the view from the rear includes 6 other Gene Leedy homes that span the shoreline. The grounds have been continuously groomed and enhanced with a focus on ease of maintenance and modernist/native design. Architectural elements make their way into the gardens and compliment the use of the old salvaged iron work from the Ocala Post Office. 185 Lake Otis Rd. (formally known as the Sands Residence) has been meticulously curated by the current owners and we are seeking new and passionate stewards. Make sure to click on the Virtual Tour above for a full tour of the home.

Last Agent to Sell the Property

Adam Judd

METROPOLIS R.E. SOLUTIONS, LLC License #3215825 Listed on: 07/04/2020

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,582

Year Built

  • Built in 1965

Lot Details

  • 19,415 Sq Ft Lot
  • Lot Dimensions are 208x99
  • 99 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Southeast Facing Home
  • Mature Landscaping
  • Irrigation
  • Oak Trees

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Midcentury Modern Architecture
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior

Interior Spaces

  • 3,543 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Sliding Doors
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Sun or Florida Room
  • Storage Room
  • Laundry in unit
  • Inside Utility
  • Chain Of Lake Views

Kitchen

  • Range Hood
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Cork
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Parking

  • 1 Carport Space
  • Circular Driveway

Outdoor Features

  • Access To Chain Of Lakes
  • Access To Lake
  • Water Skiing Allowed
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Storage
  • Porch

Schools

  • Elbert Elementary School
  • Denison Middle School
  • Winter Haven Senior High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Carlin Bennett Association, Phone Number (251) 233-5935
  • Lakewood Subdivision
  • The community has rules related to deed restrictions

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,582

Year Built

Built in 1965

Lot Details

0.45 Acres

HOA Fees

$42 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mid-Century Modern
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 3543
  • Lot Size Acres: 0.45
  • New Construction: No
  • Year Built: 1965
  • Building Area Total: 3543
  • Lot Size Sq Ft: 19415
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5875539?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5875539?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 162.29
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 162.29
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Cork, Vinyl
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Solid Wood Cabinets, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Spa Yn: No
  • Stories: 3
  • Window Features: Blinds
  • Room Count: 5
  • Additional Rooms: Den/Library/Office, Family Room, Florida Room, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility, Storage Rooms

Exterior Features

  • Direction Faces: Southeast
  • Other Structures: Storage
  • Exterior Features: Irrigation System, Lighting, Sliding Doors, Storage
  • Roof: Membrane
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Water
  • Water Body Name: Lake Otis
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch
  • Water View: Lake, Lake - Chain of Lakes
  • Water Access: Lake, Lake - Chain of Lakes
  • Water Extras: Skiing Allowed
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 99
  • Water Frontage Feet Lake: 99
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Circular Driveway, Covered
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Wall Units / Window Unit
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Public
  • Number Of Septics: 2
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community
  • Association Amenities: Gated
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association Name: Carlin Bennett
  • Phone: 251-233-5935
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 500
  • Monthly HOA Fee: 41.67
  • Total Monthly Fees: 41.67

Schools

  • Elementary School: Elbert Elem
  • High School: Winter Haven Senior
  • Middle Or Junior School: Denison Middle

Lot Info

  • Zoning: R-1
  • Parcel Number: 26-28-27-000000-044050
  • Additional Parcels: No
  • Lot Features: In County
  • Lot Dimensions: 208X99
  • Flood Zone Code: AE,X
  • Zoning Compatible Y N: Yes

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 7 Months
  • Pet Restrictions: Per Deed Restrictions
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 4582.02
  • Tax Book Number: P-81

Multi Family

  • Waterfront Features: Lake

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2020
Closed on
Jul 23, 2020
Sold by
Bought by
Seller's Agent
Adam Judd
METROPOLIS R.E. SOLUTIONS, LLC
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$744,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,075
Avg. Annual Appreciation
4.33%

Purchase Details

Closed on
Sep 4, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,900
Interest Rate
4.09%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Cypress Gardens, FL

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$575,000 Attorney
$399,900 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $359,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/23/2020 07/23/20 Sold $575,000 0.0% $162 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
07/03/2020 07/03/20 For Sale $575,000 -- $162 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,861 $648,978
2024 $8,682 $589,980
2023 $8,682 $536,345 $0 $0
2022 $7,706 $487,586 $0 $0
2021 $6,771 $443,260 $158,000 $285,260
2020 $4,591 $329,214 $0 $0
2018 $4,522 $315,812 $95,000 $220,812
2017 $4,436 $311,259 $0 $0
2016 $5,288 $324,199 $0 $0
2015 $2,518 $199,726 $0 $0
2014 $2,814 $205,052 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: O5875539

Stellar MLS

APN: 26-28-27-000000-044050

Your Personal Tour Guide

Ask me questions while you tour the home.