NOT LISTED FOR SALE

2955 Cypress Pointe Ct Tarpon Springs, FL 34688

Estimated Value: $1,124,000 - $1,390,000

5 Beds
4 Baths
3,734 Sq Ft
$322/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $1,150,000 $308 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,262/month

37 Days on Market

Highlights

  • Home Theater
  • Heated In Ground Pool
  • Open Floorplan
  • East Lake High School Rated A
  • 1.26 Acre Lot
  • Cathedral Ceiling

About This Home

As of April 2024

Indulge in the epitome of opulence with this meticulously crafted executive estate, surrounded by lush tropical splendor in the prestigious enclave of Cypress Lakes Estates. Poised on over 1.5 acres of pristine grounds, this extraordinary residence offers a sprawling field for recreational pursuits or hosting lavish soirées. A true gem in Tarpon Springs' most coveted neighborhood, this home marries unparalleled design, upscale finishes, and an enviable location. Step through the grand entrance into an interior designed to captivate the senses. Revel in the decadence of honed and sealed travertine stone flooring, bespoke crown molding, and 5-inch custom baseboards. The chef's kitchen is a masterpiece, boasting elegant maple cabinetry, a sprawling center island, dual sink areas, a Thermador 8-burner gas range, and a state-of-the-art ventilation system. Entertain with sophistication at the high bar, where pocket slider doors seamlessly merge the indoors with the outdoor oasis. The screened-in pool deck beckons, offering a year-round retreat amidst the expansive outdoor living space, overlooking a substantial pool and an elevated spa with a tranquil spillover water feature. The enchanting backyard, bordering a serene preserve, even features a custom sandbox area. This residence effortlessly blends indoor and outdoor spaces, creating an entertainer's dream. The first-floor owner's suite exudes luxury with dual closets featuring custom built-in shelving, an opulent en-suite bath with double vanities, an oversized rain shower, and a sumptuous soaking tub. Find moments of repose in the bay window seating area, with views of the lush greenery beyond. Two additional bedrooms and bathrooms on the main level, one perfectly suited for an office, complete this lavish sanctuary. Ascend to the second level, where three more bedrooms, each adorned with custom closets, await. A full bathroom with a tub and a separate shower complements the upper level, along with a bonus media/theater room — a haven for refined entertainment. Cypress Lakes Estates, a picturesque community enveloped by a tranquil nature preserve, offers an exclusive address with easy access to top schools, John Chestnut Park, the Pinellas Trail, upscale shopping, fine dining, the YMCA, beaches, and vibrant downtown areas. The exterior and interior were impeccably refreshed in 2021, featuring a new roof. Verify all details and measurements with the discerning buyer. This residence stands as a rare opportunity to possess a slice of paradise in one of Tarpon Springs' most coveted neighborhoods — an invitation to elevate your lifestyle to the pinnacle of luxury. Bedroom Closet Type: Walk-in Closet (Primary Bedroom).

Last Agent to Sell the Property

Jennifer McCormick

FUTURE HOME REALTY INC Brokerage Phone: 727-585-9600 License #3154871 Listed on: 12/29/2023

FUTURE HOME REALTY INC

Last Buyer's Agent

Jennifer McCormick

FUTURE HOME REALTY INC Brokerage Phone: 727-585-9600 License #3154871 Listed on: 12/29/2023

FUTURE HOME REALTY INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,352

Year Built

  • Built in 1996

Lot Details

  • 1.26 Acre Lot
  • Lot Dimensions are 143x243
  • South Facing Home
  • Well Sprinkler System
  • Property is zoned RPD-0.5

HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 3,734 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Bar Fridge
  • Dry Bar
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Formal Dining Room
  • Home Theater
  • Den
  • Inside Utility
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Range with Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Travertine

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Pool Sweep
  • Pool Tile

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Schools

  • Brooker Creek Elementary School
  • East Lake Middle School Academy Of Engineering
  • East Lake High School

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Underground Utilities
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet

Community Details

  • Amanda Condon Association, Phone Number (727) 799-0031
  • Visit Association Website
  • Cypress Lakes Estates Phase 1 Association
  • Cypress Lakes Estates Ph I Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,352

Year Built

Built in 1996

Lot Details

0

HOA Fees

$99 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 3734
  • Lot Size Acres: 1.26
  • New Construction: No
  • Year Built: 1996
  • Building Area Total: 4933
  • Lot Size Sq Ft: 54759
  • Directions to Property: From East Lake Rd, W on Bryan Rd, R on Cypress Lakes Dr , R on Cypress Pointe Ct to home on left.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Clearwater
  • Escrow Postal Code: 33760
  • Escrow State: FL
  • Escrow Street Name: Roosevelt Blvd
  • Escrow Street Number: 5680
  • List Office Head Office Key Nume: 1037329
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 307.98
  • Total Acreage: 1 to less than 2
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 727-585-9600
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Travertine
  • Full Bathrooms: 4
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Dry Bar, Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 2955
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office,Family Room,Formal Dining Room Separate,Formal Living Room Separate,Great Room,Inside Utility,Media Room
  • Living Area Meters: 346.90
  • Room Count: 7

Exterior Features

  • Direction Faces: South
  • Pool Features: Gunite, Heated, In Ground, Pool Sweep, Tile
  • Exterior Features: Irrigation System, Lighting, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2021-08-24
  • Flood Zone Panel: 12103C0039H

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Fiber Optics, Fire Hydrant, Natural Gas Connected, Public, Sewer Connected, Sprinkler Well, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Electric Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 550
  • Association Fee Frequency: Annually
  • Association Name: Amanda Condon
  • Phone: (727) 799-0031
  • Association: Yes
  • Security: Security System, Security System Owned
  • Senior Community: No
  • Association #2 Fee: 640
  • Association #2 Fee Frequency: Annually
  • Association: Cypress Lakes Estates Phase 1
  • Association 2 YN: 1
  • Association Approval Required YN: 0
  • Pet Restrictions: Please verify with the association.
  • Association Fee Requirement: Required
  • Association Email: AmandaC@franklycoastal.com
  • Association URL: www.franklycoastal.com

Fee Information

  • Total Annual Fees: 1190.00
  • Total Monthly Fees: 99.17
  • Monthly HOA Amount: 45.83

Schools

  • Elementary School: Brooker Creek Elementary-PN
  • High School: East Lake High-PN
  • Middle Or Junior School: East Lake Middle School Academy of Engineering

Lot Info

  • Zoning: RPD-0.5
  • Parcel Number: 16-27-16-20220-000-0090
  • Additional Parcels: No
  • Lot Dimensions: 143X243
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 5087

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Please verify with the association.

Tax Info

  • Tax Annual Amount: 9352
  • Tax Block: 00
  • Tax Book Number: 97-88
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2023
Closed on
Apr 12, 2024
Sold by
Reddy Manish V and Reddy Mahathi A
Bought by
Larson John Dennis
Seller's Agent
Jennifer McCormick
FUTURE HOME REALTY INC
Buyer's Agent
Jennifer McCormick
FUTURE HOME REALTY INC
List Price
$1,150,000
Sold Price
$1,150,000
Views
77
Current Estimated Value
$1,203,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,993
Avg. Annual Appreciation
3.09%
Original Mortgage
$920,000
Outstanding Balance
$906,254
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$297,739

Purchase Details

Closed on
Dec 20, 2011
Sold by
Malinoski Cynthia
Bought by
Varkantham Manish R and Adla Mahathi R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,750
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2003
Sold by
Nigro Gene T and Nigro Suzanne M
Bought by
Malinoski Cynthia

Purchase Details

Closed on
Oct 17, 1995
Sold by
Patricia Scott A and Patricia Hutchins
Bought by
Nigro Gene T and Nigro Suzanne M
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
Larson John Dennis $1,150,000 None Listed On Document
Varkantham Manish R $592,000 Westshore Title Services Inc
Malinoski Cynthia $505,000 Security First Title Partner
Nigro Gene T $63,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larson John Dennis $920,000
Previous Owner Varkantham Manish R $555,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2024 04/12/24 Sold $1,150,000 -9.8% $308 / Sq Ft
12/30/2023 12/30/23 Price Changed $1,275,000 +10.9% $341 / Sq Ft
12/29/2023 12/29/23 For Sale $1,150,000 -- $308 / 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 $9,592 $993,142 $244,920 $748,222
2023 $9,592 $560,587 $0 $0
2022 $9,352 $544,259 $0 $0
2021 $9,447 $528,407 $0 $0
2020 $9,438 $521,111 $0 $0
2019 $9,296 $509,395 $0 $0
2018 $9,187 $499,897 $0 $0
2017 $9,124 $489,615 $0 $0
2016 $9,060 $479,545 $0 $0
2015 $9,202 $476,212 $0 $0
2014 $9,166 $472,433 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8224391

Stellar MLS

APN: 16-27-16-20220-000-0090