NOT LISTED FOR SALE

Estimated Value: $496,000 - $556,774

3 Beds
3 Baths
2,866 Sq Ft
$179/Sq Ft Est. Value

Last Sold July 23, 2020

Last sale price $320,000 $112 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,129/month

3 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Lake View
  • Deck
  • Screened Pool
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of July 2020

AN IMMACULATE HOME AT A BARGAIN PRICE IN THE GREAT OAK ISLAND HARBOR COMMUNITY. A magnificent 3 bedroom, 3 bathroom, 2,866 sq. ft. waterfront home with three car garage at a bargain price in a very prestigious community. Oak Island Harbor is an immaculately maintained community and convenient to most of what Central Florida has to offer. This stunning home oozes with quality. Upon entry is a welcoming foyer leading to an enormous living room with over 21 ft. high ceiling and windows overlooking the sunny pool deck with oversized sparkling pool and spa. The fully equipped spectacular island kitchen is enormous measuring almost 26 ft. x 20 ft. with an abundance of counter top space and storage cabinets. All kitchen appliances are included in this sale. There are three bedrooms and three full bathrooms. The main master suite is just magnificent. The master bedroom measures almost 22 ft. x 18 ft. with fabulous lake views. Off this is a dressing room with numerous built-in cabinets that in turn leads to the master bathroom with twin vanities, garden tub and separate walk-in shower. Also off the main master bedroom is a loft/balcony that previous owners have used as a library and study. The second master bedroom is also huge measuring approx. 26 ft. x 18 ft. and has another full bathroom with twin vanities, garden tub and walk-in shower. The there is a third large bedroom and bathroom. All of the rooms in this great home are beautiful, large, bright and airy rooms with extra high ceilings. The south west facing sunny pool deck is totally private with a fabulous pool and spa. The waterfront views from this home are jaw dropping. It is an oasis of tranquility. Homes like this are a rarity and must be seen to be appreciated.

Last Agent to Sell the Property

Eugene Bellew

BELLEW REAL ESTATE License #3215445 Listed on: 07/06/2020

Last Buyer's Agent

Lauren Dunham

RE/MAX REALTEC GROUP License #3297896

RE/MAX REALTEC GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,296

Year Built

  • Built in 1994

Lot Details

  • 6,795 Sq Ft Lot
  • 50 Feet of Waterfront
  • Lake Front
  • Northeast Facing Home
  • Mature Landscaping
  • Metered Sprinkler System
  • Property is zoned OPUD

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Ground Level Parking
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

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

Interior Spaces

  • 2,866 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Sliding Doors
  • Family Room
  • Living Room with Fireplace
  • Loft
  • Inside Utility
  • Lake Views
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Pool

  • Screened Pool
  • In Ground Pool
  • In Ground Spa
  • Gunite Pool
  • Fence Around Pool
  • Pool Deck
  • Pool Tile
  • Pool Lighting

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Thermostat
  • Tankless Water Heater
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include common area taxes
  • Leslie Ludlam, Cam Association, Phone Number (407) 847-9950
  • Visit Association Website
  • Oak Island Harbor Subdivision
  • The community has rules related to fencing

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,296

Year Built

Built in 1994

Lot Details

0

HOA Fees

$50 per month

Parking

3

Listing Details

  • HOA Fee Includes: Common Area Taxes
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: Yes
  • Living Area: 2866
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 1994
  • Building Area Total: 3508
  • Lot Size Sq Ft: 6795
  • Directions to Property: From US-192 go south on Formosa Gardens Blvd. for 0.97 miles. Turn right onto Formosa Blvd. for 0.28 miles. Take the 3rd left onto Drifting Lilly Loop. 2810 DRIFTING LILLY LOOP is on the right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/S5036440?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/S5036440?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.01587
  • Price per Sq Ft: 111.65
  • Close to Original List Price Ratio: 1.01587
  • Ratio: Current Price\Building Area Total: 91.22
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Living Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Built in Features, Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Open Floorplan, Solid Surface Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Features: In Ground
  • Street Number Modifier: 2810
  • Room Count: 11
  • Additional Rooms: Attic, Family Room, Inside Utility, Loft

Exterior Features

  • Direction Faces: Northeast
  • Pool Features: Deck, Gunite, In Ground, Lighting, Screen Enclosure, Tile
  • Exterior Features: Irrigation System, Lighting, Sidewalk, Sliding Doors, Sprinkler Metered
  • Roof: Shingle
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Enclosed, Screened
  • Road Surface Type: Paved, Asphalt
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12097C0030G
  • Waterfront Frontage: 50
  • Water Frontage Feet Lake: 50
  • Disclosures: HOA/PUD/Condo Disclosure

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Available, Public, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Sidewalk, Waterfront
  • Association Amenities: Fence Restrictions
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association Name: Leslie Ludlam, CAM
  • Phone: 407-847-9950
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Website: https://oakislandharbor.wordpress.com/hoa-contact-
  • Association Email: leslieAMG@embarqmail.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 600
  • Monthly HOA Fee: 50
  • Total Monthly Fees: 50

Lot Info

  • Zoning: OPUD
  • Parcel Number: 09-25-27-4457-0001-0170
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk
  • Property Attached Yn: No
  • Flood Zone Code: X500
  • Flood Zone Date: 2013-06-18

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Pet Restrictions: As regulated by Osceola County.
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 4296
  • Tax Block: 1
  • Tax Book Number: 7-72-75
  • Tax Lot: 17

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2020
Closed on
Jul 23, 2020
Sold by
Kuo Mary Chen and Josephine Chen Qualified Perso
Bought by
Lubsey Deborah A and Braggs Lawrence E
Seller's Agent
Eugene Bellew
BELLEW REAL ESTATE
Buyer's Agent
Lauren Dunham
RE/MAX REALTEC GROUP
List Price
$315,000
Sold Price
$320,000
Premium/Discount to List
$5,000
1.59%
Current Estimated Value
$513,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,944
Avg. Annual Appreciation
9.44%

Purchase Details

Closed on
May 25, 2001
Sold by
Chen Josephine
Bought by
Kuo Mary Chen
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
Lubsey Deborah A $320,000 Prominence T&E Llc
Kuo Mary Chen -- --
Chen Josephine -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2020 07/23/20 Sold $320,000 +1.6% $112 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $315,000 -- $110 / 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
2024 $4,340 $315,584 -- --
2023 $4,340 $306,393 $0 $0
2022 $4,173 $297,469 $0 $0
2021 $4,147 $288,805 $0 $0
2020 $4,466 $271,000 $40,200 $230,800
2019 $4,296 $256,300 $36,800 $219,500
2018 $4,150 $248,600 $34,500 $214,100
2017 $4,044 $236,000 $29,900 $206,100
2016 $3,885 $231,000 $27,600 $203,400
2015 $3,705 $218,200 $27,600 $190,600
2014 $3,252 $179,700 $27,600 $152,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: S5036440

Stellar MLS

APN: 09-25-27-4457-0001-0170