NOT LISTED FOR SALE

40 Cypress Dr Palm Harbor, FL 34684

Estimated Value: $538,301 - $564,000

3 Beds
2 Baths
1,901 Sq Ft
$292/Sq Ft Est. Value

Last Sold December 28, 2022

Last sale price $549,000 $289 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,382/month

15 Days on Market

Highlights

  • 67 Feet of Waterfront
  • Dock made with wood
  • Open Floorplan
  • Tarpon Springs Middle School Rated A-
  • Fishing
  • Canal View

About This Home

As of December 2022

STUNNING UPDATED WATERFRONT HOME FEATURING ONE OF THE WIDEST CANALS LEADING INTO THE LARGEST LAKE IN THE TRI COUNTY AREA, LAKE TARPON.YOUR DOCK IS JUST A FEW MINUTES BOAT RIDE INTO A 2600 ACRE SPRING FED LAKE. BEAUTIFUL FRONT ELEVATION WITH A NEW CIRCULAR DR.ALL THE FURNITURE IS AVAILABLE WITH THIS HOME IF BUYER DESIRES OR REMOVED PRIOR TO CLOSING. HOME RECENTLY PAINTED INSIDE AND OUT. NEW DIMENSIONAL SHINGLE ROOF INSTALLED IN 2020.SOARING CEILINGS THROUGHOUT.HOME INTERIOR FEATURES A TOTAL RENOVATION.GORGEOUS NEW WOOD LOOK VINYL PLANK FLOORING AND 5 &1/4 INCH BASEBOARDS THROUGHOUT.HUGE GREATROOM OFFERS A TRIPLE SLIDING GLASS DOOR WITH SCENIC WATERVIEWS UPON ENTRY.SPACIOUS DINING ROOM WITH A BUILT IN SERVING STATION/WET BAR, NEW CABINETRY, GRANITE COUNTERTOP, SINK AND UPDATED LIGHTING FIXTURE.FABULOUS UPDATED KITCHEN FEATURES 42 INCH WHITE CABINETRY WITH CROWN MOLDING,GRANITE COUNTERTOPS ,UPGRADED STAINLESS STEEL APPLIANCES,A WONDERFUL CLOSET PANTRY AND SEPARATE BREAKFAST AREA ALL OVERLOOKING THE WATER AND THE GREAT ROOM.SPACIOUS MASTER REREAT WITH HIGH CEILINGS,LARGE WALK IN CLOSET, WATERVIEWS AND ACCESS TO THE REAR LANIA AND WATER.FABULOUS UPDATED MASTER BATH WITH WALK IN SHOWER AND SEPARATE GARDEN BATH BOTH WITH BEAUTIFUL TILE SURROUNDS. MASTER BATH ALSO OFFERS UPDATED WHITE SHAKER STYLE CABINETRY, GRANITE COUNTER TOPS, DECORATIVE MIRRORS, UPDATED PLUMBING AND LIGHTING FIXTURES. SPACIOUS SECOND AND THIRD BEDROOMS LOCATED ON OPPOSITE SIDE OF HOME FOR MORE PRIVACY.UPDATED SECOND BATH WITH WHITE CABINETRY, SOLID SURFACE COUNTERTOPS, TUB/SHOWER COMBINATION,UPDATED TILE SURROUNDS, DECORATIVE MIRROR, PLUMBING AND LIGHTING FIXTUTES.INSIDE LAUNDRY OFFERS UPDATED CABINETRY, WASHER, DRYER AND LAUNDRY TUB.SPACIOUS 2 CAR GARAGE WITH NEW 2 COAT FLOOR SEALER,SCREEN ENLOSURE AND PULL-DOWN ATTIC STAIRS FOR ATTIC STORAGE.HUGE SCREEN ENCLOSED LANIA OVERLOOKING THE WATER.COMPOSITE BACK YARD WALKWAY,COMPOSITE DOCK AND COVERED WOOD DECK AREA PERFECT FOR OUTDOOR ENTERTAINING AND SETTING UP YOUR NEW BOAT AND JET SKI.DECORATIVE LANDSCAPE FEATURES UPGRADED GREEN ARTIFICIAL TURF ELIMINATING LAWN MAINTENANCE COSTS PLUS NO MANDATORY HOA FEES.NEW CIRCULAR DRIVE ADDED AND MORE!!! GOLF CART FRIENDLY COMMUNITY!!ENJOY THE 2600 ACRE SPRING FED LAKE TARPON PERFECT FOR FAMILY BOATING, FISHING, WAKE BOARDING, TUBING AND JET SKI'S RIGHT FROM YOUR BACK YARD.DOCK YOUR BOAT AT ONE OF LAKE TARPONS WATERFRONT RESTAURANTS WHILE OUT ON THE WATER.PERFECT PALM HARBOR LOCATION CLOSE TO MAJOR RETAIL SHOPPING, GROCERY, MD, HOSPITALS, AREA BEACHES, RESTAURANTS AND LOCAL MARINA'S.EXCELLANT AREA SCHOOLS.35 MINUTE COMMUTE TO 2 MAJOR AIRPORTS. GREAT BUY ON THIS PALM HARBOR BEST KEPT SECRET!!

Last Agent to Sell the Property

Frank Acerra

SELECT PROPERTIES INC License #567777 Listed on: 10/27/2022

Last Buyer's Agent

Katherine Sakkis

LPT REALTY, LLC License #580806

LPT REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,733

Year Built

  • Built in 1988

Lot Details

  • 6,260 Sq Ft Lot
  • Lot Dimensions are 67x92
  • 67 Feet of Waterfront
  • Property fronts a freshwater canal
  • North Facing Home
  • Vinyl Fence
  • Mature Landscaping
  • Property is zoned R-3

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Open Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,901 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Great Room
  • Breakfast Room
  • Formal Dining Room
  • Inside Utility
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Porcelain Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Access To Lake
  • Access to Freshwater Canal
  • Dock made with wood
  • Dock made with Composite Material
  • Enclosed Patio or Porch

Schools

  • Highland Lakes Elementary School
  • Tarpon Springs Middle School
  • Tarpon Springs High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Lake Shore Estates 3Rd Add Subdivision
  • Community Lake

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,733

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1901
  • Lot Size Acres: 0.14
  • New Construction: No
  • Year Built: 1988
  • Building Area Total: 2656
  • Lot Size Sq Ft: 6260
  • Directions to Property: PALM HARBOR US 19 EAST ON CYPRESS DR.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8180372?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8180372?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.92269
  • Price per Sq Ft: 288.8
  • Close to Original List Price Ratio: 0.92269
  • Ratio: Current Price\Building Area Total: 206.7
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Porcelain Tile, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 40
  • Room Count: 8
  • Additional Rooms: Breakfast Room Separate, Formal Dining Room Separate, Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Exterior Features: Fenced, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: Lake Tarpon
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Enclosed, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View: Canal
  • Water Access: Canal - Freshwater, Lake
  • Water Extras: Dock - Composite, Dock - Wood
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 67
  • Water Frontage Feet Canal Fresh: 67

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Driveway, Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Public, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fishing, Lake, Waterfront
  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Highland Lakes Elementary-PN
  • High School: Tarpon Springs High-PN
  • Middle Or Junior School: Tarpon Springs Middle-PN

Lot Info

  • Zoning: R-3
  • Parcel Number: 30-27-16-48546-000-0400
  • Additional Parcels: No
  • Fencing: Vinyl
  • Lot Features: In County
  • Lot Dimensions: 67x92
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 5732.51
  • Tax Block: 0
  • Tax Book Number: 46-15
  • Tax Lot: 40

Multi Family

  • Waterfront Features: Canal - Freshwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2022
Closed on
Dec 28, 2022
Sold by
Sharon Kay Evans Living Trust
Bought by
Gabriel Santos And Dawn Marie Santos Revocabl
Seller's Agent
Frank Acerra
SELECT PROPERTIES INC
Buyer's Agent
Katherine Sakkis
LPT REALTY, LLC
List Price
$595,000
Sold Price
$549,000
Premium/Discount to List
-$46,000
-7.73%
Views
12
Current Estimated Value
$555,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,825
Avg. Annual Appreciation
0.44%
Original Mortgage
$349,000
Outstanding Balance
$338,226
Interest Rate
6.61%
Mortgage Type
Balloon
Estimated Equity
$217,599

Purchase Details

Closed on
Nov 12, 2019
Sold by
Evans Sharon
Bought by
Evans Sharon Kay and Sharon Kay Evans Living Trust

Purchase Details

Closed on
Oct 9, 2018
Sold by
Masters Ginger Rose
Bought by
Evans Sharon

Purchase Details

Closed on
Oct 3, 2018
Sold by
Masters James
Bought by
Masters Ginger Rose

Purchase Details

Closed on
Jul 14, 2017
Sold by
Masters James P and Masters Ginger R
Bought by
Masters James and Masters Ginger Rose

Purchase Details

Closed on
Jun 1, 2017
Bought by
Masters Ginger Rose

Purchase Details

Closed on
Sep 29, 2009
Sold by
The Bank Of New York Mellon
Bought by
Masters James P and Masters Ginger R

Purchase Details

Closed on
Jul 21, 2009
Sold by
Damian Ricky B and Beam Tracey
Bought by
The Bank Of New York

Purchase Details

Closed on
May 21, 2008
Sold by
Damian Ricky
Bought by
Tuscanny Llc and 40 Cypress Drive Residential Land Trust

Purchase Details

Closed on
Jan 13, 2006
Sold by
Hanus Robert L and Hanus Joann M
Bought by
Damian Ricky B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,750
Interest Rate
8.95%
Mortgage Type
Fannie Mae Freddie Mac
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
Gabriel Santos And Dawn Marie Santos Revocabl $549,000 Elevated Title
Evans Sharon Kay -- None Available
Evans Sharon $246,375 Community Law & Title
Masters Ginger Rose -- Attorney
Masters James -- Attorney
Masters Ginger Rose $100 --
Masters James P $181,000 Landsafe Title
The Bank Of New York $146,000 Attorney
Tuscanny Llc -- None Available
Damian Ricky B $415,000 Equity National Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gabriel Santos And Dawn Marie Santos Revocabl $349,000
Previous Owner Damian Ricky B $352,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2022 12/28/22 Sold $549,000 -7.7% $289 / Sq Ft
11/12/2022 11/12/22 Pending -- -- --
10/27/2022 10/27/22 For Sale $595,000 -- $313 / 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 $5,593 $355,067 -- --
2023 $5,593 $344,725 $0 $0
2022 $6,076 $351,676 $185,016 $166,660
2021 $5,733 $309,942 $0 $0
2020 $5,166 $261,596 $0 $0
2019 $4,894 $245,224 $106,912 $138,312
2018 $3,704 $223,728 $0 $0
2017 $3,765 $222,687 $0 $0
2016 $3,628 $219,598 $0 $0
2015 $3,430 $203,073 $0 $0
2014 -- $204,419 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8180372

Stellar MLS

APN: 30-27-16-48546-000-0400