$950,000
SOLD OCT 15, 2024

3278 Downs Cove Rd Windermere, FL 34786

3 Beds
2 Baths
1,353 Sq Ft
0.29 Acres

Recently Sold

$702 Per Sq Ft

21% Below List Price

61 Days on Market

Highlights

  • 50 Feet of Lake Waterfront
  • Dock has access to electricity
  • Stone Countertops
  • Thornebrooke Elementary School Rated A
  • Covered Boat Lift
  • No HOA

About This Home

As of October 2024

Welcome to your waterfront paradise on the beautiful Windermere Chain of Lakes! This remarkable 0.29-acre lot at 3278 Downs Cove Rd offers the perfect canvas for your dream home or investment opportunity. With direct water frontage, a private boat dock, and access to the coveted Lake Down, this property is a water enthusiast's dream come true. Boasting stunning views and the potential for a variety of water activities, from boating to skiing, this lot presents an exceptional opportunity to create a luxurious lakeside retreat. Whether you're envisioning a serene escape or a savvy investment in prime real estate, this property delivers on both fronts. Don't miss your chance to be part of the exclusive Windermere community and own a piece of the highly sought-after Chain of Lakes. Embrace the unparalleled lifestyle that comes with living on the water and make your vision a reality at 3278 Downs Cove Rd.

Last Agent to Sell the Property

Rodney Melendez

CORCORAN PREMIER REALTY License #3501181 Listed on: 07/12/2024

CORCORAN PREMIER REALTY

Co-Listed By

Christopher Christensen

COMPASS FLORIDA LLC License #3189396

Last Buyer's Agent

John Goggin

STOCKWORTH REALTY GROUP License #3327827

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,218

Year Built

  • Built in 1947

Lot Details

  • 0.29 Acre Lot
  • 50 Feet of Lake Waterfront
  • Lake Front
  • North Facing Home
  • Irrigation
  • Property is zoned R-CE

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,353 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Ceramic Tile Flooring
  • Chain Of Lake Views
  • Crawl Space

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Access To Lake
  • Access To Chain Of Lakes
  • Covered Boat Lift
  • Dock has access to electricity
  • Dock made with wood

Schools

  • Thornebrooke Elementary School
  • Gotha Middle School
  • Olympia High School

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Downs Cove Camp Sites Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,218

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Wood Frame
  • Fireplace: No
  • Living Area: 1353
  • Lot Size Acres: 0.29
  • New Construction: No
  • Year Built: 1947
  • Building Area Total: 1353
  • Lot Size Sq Ft: 12510
  • Directions to Property: Head South on Apopka Vineland Road, Turn West on Windy Ridge Road and Turn South on Down Cove. Follow to 3278 Down Cove Rd. Home in Corner
  • Status: Sold
  • Co List Office Mls Id: MFR261020509
  • Co List Office Phone: 305-851-2820
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 169647934
  • Minimum Lease: 8-12 Months
  • RATIO Current Price By Calculate: 702.14
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Wood,Dock w/Electric
  • MFR_DockYN: 1
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Split Bedroom, Stone Counters
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Foundation Details: Crawlspace
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 3278
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 125.70
  • Room Count: 5

Exterior Features

  • Direction Faces: North
  • Exterior Features: Irrigation System
  • Roof: Shingle
  • Pool Private: No
  • Water Body Name: LAKE DOWN
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Access: Lake,Lake - Chain of Lakes
  • Water Extras: Lift - Covered
  • Water Extras YN: 1
  • Water View: Lake,Lake - Chain of Lakes
  • Water View YN: 1
  • Waterfront Feet Total: 50
  • Flood Zone Date: 2021-09-24
  • Flood Zone Panel: 12095C0220H
  • Water Frontage Feet Lake: 50
  • Additional Water Information: Windermere Chain of Lakes

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected, Other
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Laundry Closet
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Thornebrooke Elem
  • High School: Olympia High
  • Middle Or Junior School: Gotha Middle

Lot Info

  • Zoning: R-CE
  • Parcel Number: 09-23-28-2196-03-120
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 1162

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 12218
  • Tax Block: C
  • Tax Book Number: Q-121
  • Tax Lot: 12

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Oct 8, 2024
Sold by
Patterson Gary L
Bought by
Canavial 2 Llc
Seller's Agent
Rodney Melendez
CORCORAN PREMIER REALTY
Buyer's Agent
John Goggin
STOCKWORTH REALTY GROUP
List Price
$1,199,000
Sold Price
$950,000
Premium/Discount to List
-$249,000
-20.77%
Total Days on Market
61
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.93%

Purchase Details

Closed on
Dec 9, 2015
Sold by
Lake Down Park Llc
Bought by
Patterson Gary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2010
Sold by
Hansar Capital Llc
Bought by
Lake Down Park Llc

Purchase Details

Closed on
Aug 24, 2010
Sold by
Saric Gregory F and The Bank Of New York Mellon
Bought by
Hansar Capital Llc

Purchase Details

Closed on
Jul 26, 2004
Sold by
Saric Gregory F and Saric Maria
Bought by
Saric Gregory F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 19, 2002
Sold by
Rincon Angelina
Bought by
Saric Gregory F and Saric Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.07%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $950,000 None Listed On Document
Warranty Deed $525,000 Artesian Title Inc
Quit Claim Deed -- None Available
Trustee Deed $197,100 None Available
Interfamily Deed Transfer -- --
Warranty Deed $350,000 --
Warranty Deed $365,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $375,000 New Conventional
Previous Owner $280,000 Unknown
Previous Owner $620,000 Negative Amortization
Previous Owner $65,000 Credit Line Revolving
Previous Owner $280,000 New Conventional
Previous Owner $230,000 New Conventional
Previous Owner $40,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2025 01/12/25 Price Changed $4,500 -13.5% $3 / Sq Ft
11/21/2024 11/21/24 For Rent $5,200 0.0% --
10/15/2024 10/15/24 Sold $950,000 -13.6% $702 / Sq Ft
09/12/2024 09/12/24 Pending -- -- --
09/01/2024 09/01/24 Price Changed $1,099,000 -8.3% $812 / Sq Ft
07/12/2024 07/12/24 For Sale $1,199,000 +100.2% $886 / Sq Ft
08/17/2018 08/17/18 Off Market -- -- --
03/01/2015 03/01/15 Sold -- -- --
06/10/2014 06/10/14 Price Changed $599,000 -7.7% $443 / Sq Ft
05/14/2014 05/14/14 Price Changed $649,000 -5.8% $480 / Sq Ft
03/24/2014 03/24/14 For Sale $689,000 -- $509 / 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 $13,472 $852,930 $750,000 $102,930
2024 $12,218 $848,370 $750,000 $98,370
2023 $12,218 $834,885 $750,000 $84,885
2022 $10,582 $673,413 $600,000 $73,413
2021 $9,608 $581,049 $515,000 $66,049
2020 $9,308 $582,149 $515,000 $67,149
2019 $9,358 $583,249 $515,000 $68,249
2018 $8,286 $482,289 $415,000 $67,289
2017 $8,350 $481,332 $415,000 $66,332
2016 $8,483 $480,129 $415,000 $65,129
2015 $7,424 $408,506 $345,000 $63,506
2014 $7,302 $393,305 $345,000 $48,305
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6222894

Stellar MLS

APN: 09-2328-2196-03-120