NOT LISTED FOR SALE

Estimated Value: $1,049,000 - $2,118,195

4 Beds
3 Baths
2,672 Sq Ft
$560/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $935,000 $350 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $9,139/month

3 Days on Market

Highlights

  • Boathouse
  • 139 Feet of Waterfront
  • Boat Lift
  • Lake Brantley High School Rated A-
  • Dock made with wood
  • Lake View

About This Home

As of July 2022

Here's the opportunity of a lifetime that you've been waiting for on one of the most beautiful Lakes in Central Florida! This property is over a half-acre and has nearly 140' of pristine Lake frontage on Bear Lake! NO HOA!! Those who KNOW THE LAKE understand that a cherished property like this on "Paradise Point" does not become available very often, and it is ripe for either your own creative flair & updates to the current structure OR a spot on which you can build your FOREVER Custom DREAM HOME! Surrounded by luxurious newer construction homes, you'll be in GREAT company whether you choose to renovate or if you choose to get started on your long-desired waterfront CUSTOM-BUILD, so call the Contractor!! This Lakefront home has jaw-dropping views of the Lake from the Living areas of the home, plus a shaded screened porch, where you'll enjoy watching the boaters, paddleboarders, boats and anglers hauling-in their catch! With a Southern facing rear exposure, you'll enjoy the colors of the sunsets from the screened porch, without the heat & glare of a straight western exposure....truly "Paradise Found" on Paradise Point! This home has been treasured by its long-time owners, and you'll feel the years of happy memories made here as you tour the home. The large Kitchen with Breakfast Bar/Dinette, solid wood cabinetry, updated appliances and unique curved brick wall is the heart of the home, and also has sweeping views of the Lake. Just beyond, you'll find the cozy Great Room, with Fireplace & built-ins. Wait until you see the view from the Owners' Retreat, with unique freestanding fireplace, located upstairs and accessed by a winding staircase! In addition, there is a Sitting area/Study upstairs, with a large closet (could be 5th BR or nursery) adjacent to the Master Bedroom, just past the Master bathroom. The downstairs space also houses the additional three bedrooms (one w/ private full bath), a guest bathroom, inviting Dining Room and huge storage/utility room. The possibilities here are ENDLESS! Zoned for some of Seminole County's top-ranked schools, including Lake Brantley High School! Don't hesitate on this opportunity, as there aren't parcels like this being made anymore! Just minutes from the 429 for your commute downtown or to Orlando's famed Attractions! HURRY!

Last Agent to Sell the Property

Kristin Mazza

KELLER WILLIAMS HERITAGE REALTY License #3107708 Listed on: 04/29/2022

KELLER WILLIAMS HERITAGE REALTY

Co-Listed By

Bob McNelis

KELLER WILLIAMS HERITAGE REALTY License #3216877

Last Buyer's Agent

Maria Burrafato

CHARLES RUTENBERG REALTY ORLANDO License #3163794

CHARLES RUTENBERG REALTY ORLANDO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,313

Year Built

  • Built in 1955

Lot Details

  • 0.63 Acre Lot
  • 139 Feet of Waterfront
  • Lake Front
  • North Facing Home
  • Mature Landscaping
  • Level Lot
  • Fruit Trees
  • Property is zoned R-1AA

Parking

  • 2 Car Attached Garage

Home Design

  • Florida Architecture
  • Bi-Level Home
  • Fixer Upper
  • Stem Wall Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 2,672 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Blinds
  • French Doors
  • Sliding Doors
  • Family Room with Fireplace
  • Great Room
  • Formal Dining Room
  • Inside Utility
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Microwave
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Access To Lake
  • Water Skiing Allowed
  • Boat Lift
  • Boathouse
  • Dock made with wood
  • Exterior Lighting

Schools

  • Bear Lake Elementary School
  • Teague Middle School
  • Lake Brantley High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Paradise Point Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,313

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block, Vinyl Siding, Wood Frame
  • Fireplace: Yes
  • Living Area: 2672
  • Lot Size Acres: 0.63
  • New Construction: No
  • Year Built: 1955
  • Building Area Total: 3504
  • Lot Size Sq Ft: 27400
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6021179?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6021179?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.98421
  • Price per Sq Ft: 349.93
  • Close to Original List Price Ratio: 0.98421
  • Ratio: Current Price\Building Area Total: 266.84
  • View: Yes
  • Co List Office Mls Id: 261011090
  • Co List Office Phone: 407-862-9700
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Fireplace Features: Free Standing, Family Room, Master Bedroom, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate, Vinyl
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Master Bedroom Upstairs, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Stem Wall
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Yn: No
  • Window Features: Blinds
  • Room Count: 8
  • Additional Rooms: Formal Dining Room Separate, Great Room, Inside Utility

Exterior Features

  • Direction Faces: North
  • Exterior Features: French Doors, Lighting, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: Bear Lake
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Lake
  • Water Access: Lake
  • Water Extras: Boathouse, Dock - Wood, Dock w/Electric, Lift, Skiing Allowed
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12117C0140F
  • Waterfront Frontage: 139
  • Water Frontage Feet Lake: 139
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Electric, None
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Bear Lake Elementary
  • High School: Lake Brantley High
  • Middle Or Junior School: Teague Middle

Lot Info

  • Zoning: R-1AA
  • Parcel Number: 18-21-29-510-0E00-0080
  • Additional Parcels: No
  • Lot Features: Level
  • Flood Zone Code: AE
  • Flood Zone Date: 2007-09-28

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Pet Restrictions: Contact Seminole County for County Pet Restrictions
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Contact Seminole County for all information on Leasing Restrictions

Tax Info

  • Tax Annual Amount: 4313
  • Tax Block: E
  • Tax Book Number: 7-87
  • Tax Lot: 8

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
Jul 1, 2022
Sold by
Armistead Robert R and Armistead Anne B
Bought by
Johnson Kent R and Johnson Kelli A
Seller's Agent
Kristin Mazza
KELLER WILLIAMS HERITAGE REALTY
Buyer's Agent
Maria Burrafato
CHARLES RUTENBERG REALTY ORLANDO
List Price
$950,000
Sold Price
$935,000
Premium/Discount to List
-$15,000
-1.58%
Current Estimated Value
$1,495,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$560,299
Avg. Annual Appreciation
14.31%
Original Mortgage
$647,200
Outstanding Balance
$613,031
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$882,268

Purchase Details

Closed on
Apr 1, 1978
Bought by
Armistead Robert R and Armistead Anne B

Purchase Details

Closed on
Jan 1, 1976
Bought by
Armistead Robert R and Armistead Anne B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Johnson Kent R $935,000 Innovative Title Services
Armistead Robert R $52,500 --
Armistead Robert R $42,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Kent R $647,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2022 07/01/22 Sold $935,000 -1.6% $350 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $950,000 -- $356 / 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 $15,840 $1,176,565 -- --
2024 $14,546 $1,118,139 -- --
2023 $6,533 $507,886 $0 $0
2021 $4,313 $334,705 $0 $0
2020 $4,280 $330,084 $0 $0
2019 $4,240 $322,663 $0 $0
2018 $4,201 $316,647 $0 $0
2017 $4,180 $310,134 $0 $0
2016 $4,256 $305,881 $0 $0
2015 $4,068 $301,643 $0 $0
2014 $4,068 $299,249 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6021179

Stellar MLS

APN: 18-21-29-510-0E00-0080