NOT LISTED FOR SALE

501 Lake Cove Pointe Cir Winter Garden, FL 34787

Estimated Value: $918,000 - $1,316,000

6 Beds
4 Baths
4,010 Sq Ft
$293/Sq Ft Est. Value

Last Sold November 29, 2018

Last sale price $600,000 $150 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $7,060/month

169 Days on Market

Highlights

  • 88 Feet of Waterfront
  • Gated Community
  • 0.42 Acre Lot
  • West Orange High School Rated A
  • Lake View
  • Open Floorplan

About This Home

As of November 2018

***WINTER GARDEN LAKEFRONT LIVING*** Come see this FABULOUS 6br/4ba masterpiece located on the shores of Lake Apopka!
Minutes from Downtown WG and within the privacy gates of LAKE COVE POINTE, this rare WG lakefront opportunity keeps you socially close yet quietly private at the same time. IMMACULATELY maintained, the home shows like a NEW MODEL with an open floor-plan designed to showcase LAKE VIEWS from almost every room. Features include iron glass entry door, crown molding throughout, travertine flooring on main floor, huge island kitchen with stainless steel appliances, custom cherry cabinets, designer tile backsplash, butlers pantry, separate cooktop with custom hood, walk in pantry, all bedrooms have walk in closets, master bedroom overlooks expansive view of lake and all interior doors are custom 8' designer doors. Home also includes a large 20 x 20 bonus room for entertainment media or play room. Add a dock, build a pool, or heck, do both and it's an ESTATE HOME to rival any Central Florida property. Bring your most discerning clients and expect to be impressed!

Last Agent to Sell the Property

Kelley Kadlec

SOUTHERN HERITAGE REALTY, INC License #655673 Listed on: 05/01/2018

Co-Listed By

Jim Kernohan

SOUTHERN HERITAGE REALTY, INC License #3346009

Last Buyer's Agent

Kimberley Beaudry

ORLANDO REGIONAL REALTY License #3271983

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,684

Year Built

  • Built in 2015

Lot Details

  • 0.42 Acre Lot
  • 88 Feet of Waterfront
  • Property fronts a lake that is connected to a chain of lakes
  • South Facing Home
  • Mature Landscaping
  • Landscaped with Trees
  • Land Lease expires 5/31/18

HOA Fees

  • $60 Monthly HOA Fees

Parking

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

Property Views

  • Lake
  • Woods

Home Design

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

Interior Spaces

  • 4,010 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Family Room Off Kitchen
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Travertine

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • Access To Chain Of Lakes
  • Water Skiing Allowed
  • Enclosed Patio or Porch

Schools

  • Dillard Street Elementary School
  • Lakeview Middle School
  • West Orange High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • Lake Cove Pointe 46/58 Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community
  • Rental Restrictions

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,684

Year Built

Built in 2015

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 4010
  • Lot Size Acres: 0.42
  • New Construction: No
  • Year Built: 2015
  • Lot Size Sq Ft: 18483
  • Directions to Property: Take Plant Street to Park Avenue left north to Left on Timbercreek Dr. S. to right on Bayside to right on Lake Cove Pointe Circle, home is on left just before gate.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5704681&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5704681&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.98361
  • Price per Sq Ft: 149.63
  • Close to Original List Price Ratio: 0.88248
  • View: Yes
  • Co List Office Mls Id: 54809
  • Co List Office Phone: 407-877-6928
  • Ownership: Fee Simple
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Travertine, Hardwood
  • Full Bathrooms: 4
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Exhaust Fan, Microwave, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 6
  • Levels: Two
  • Stories: 2
  • Window Features: Blinds, Thermal Windows
  • Street Number Modifier: 501
  • Room Count: 9
  • Additional Rooms: Breakfast Room Separate, Den/Library/Office, Family Room, Formal Dining Room Separate, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Exterior Features: Irrigation System
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods, Water
  • Water Body Name: Lake Apopka
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed, Porch, Screened
  • Road Surface Type: Paved
  • Water View: Lake
  • Water Access: Lake - Chain of Lakes
  • Water Extras: Skiing Allowed
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12095C0205F
  • Waterfront Frontage: 88
  • Additional Water Information: LAKE APOPKA HAS CANAL TO ACCESS OTHER LAKE SYSTEMS THROUGH LOCKS
  • Water Frontage Feet Lake Chain: 88
  • Disclosures: Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Public, Sprinkler Recycled, Street Lights
  • Cooling: Central Air, Zoned
  • Heating: Central, Heat Pump
  • Laundry Features: Inside, Laundry Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community, Golf Carts OK, Sidewalk, Waterfront
  • Association Amenities: Gated
  • Association Fee: 721
  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No
  • Complex Community Name NCCB: LAKE COVE POINTE
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 721
  • Monthly HOA Fee: 60.08
  • Total Monthly Fees: 60.08

Schools

  • Elementary School: Dillard Street Elem
  • High School: West Orange High
  • Middle Or Junior School: Lakeview Middle

Lot Info

  • Zoning: R-1
  • Parcel Number: 15-22-27-4429-00-520
  • Additional Parcels: No
  • Lot Features: Sidewalk
  • Flood Zone Code: AE
  • Flood Zone Date: 2009-09-25
  • Zoning Compatible Y N: Yes
  • Land Lease Expiration Date: 2018-05-31
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Breed Restrictions
  • Minimum Lease: 8-12 Months
  • Pet Restrictions: PLEASE REFER TO DEED RESTRICTIONS FOR EXACT INFORMATION ON RESTRICTIONS
  • Lease Restrictions Y N: Yes
  • Currency Monthly Rent Amt: 3500
  • Additional Lease Restrictions: PLEASE REFER TO DEED RESTRUICTIONS FOR EXACT REQUIREMENTS

Tax Info

  • Tax Annual Amount: 8684
  • Tax Block: 00
  • Tax Book Number: 46/58
  • Tax Lot: 52

Multi Family

  • Waterfront Features: Lake - Chain of Lakes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2018
Closed on
Nov 29, 2018
Sold by
Martinez Marco A and Martinez Carolyn Ann
Bought by
Giancarelli Amanda J and Batog Stephan J
Seller's Agent
Kelley Kadlec
SOUTHERN HERITAGE REALTY, INC
Buyer's Agent
Kimberley Beaudry
ORLANDO REGIONAL REALTY
List Price
$679,900
Sold Price
$600,000
Premium/Discount to List
-$79,900
-11.75%
Current Estimated Value
$1,176,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$576,932
Avg. Annual Appreciation
10.23%
Original Mortgage
$450,000
Outstanding Balance
$396,460
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$780,472

Purchase Details

Closed on
Dec 15, 2015
Sold by
Dr Horton Inc
Bought by
Martinez Marco A and Martinez Carolyn Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,500
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2014
Sold by
Dowdy Ronald E
Bought by
D R Horton Inc
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
Giancarelli Amanda J $600,000 None Available
Martinez Marco A $498,000 Dhi Title Of Florida Inc
D R Horton Inc $335,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giancarelli Amanda J $450,000
Previous Owner Martinez Marco A $373,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2018 11/29/18 Sold $600,000 -1.6% $150 / Sq Ft
10/17/2018 10/17/18 Pending -- -- --
10/09/2018 10/09/18 Price Changed $610,000 -3.2% $152 / Sq Ft
08/23/2018 08/23/18 Price Changed $629,900 -5.8% $157 / Sq Ft
07/06/2018 07/06/18 Price Changed $669,000 -1.6% $167 / Sq Ft
05/01/2018 05/01/18 For Sale $679,900 -- $170 / 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 $9,921 $677,808 -- --
2024 $9,588 $677,808 -- --
2023 $9,588 $639,520 $0 $0
2022 $9,327 $620,893 $0 $0
2021 $9,209 $602,809 $0 $0
2020 $8,657 $586,597 $230,000 $356,597
2019 $9,209 $589,165 $230,000 $359,165
2018 $9,424 $579,501 $230,000 $349,501
2017 $8,684 $545,059 $205,000 $340,059
2016 $7,677 $444,571 $115,000 $329,571
2015 $2,070 $115,000 $115,000 $0
2014 $1,905 $115,000 $115,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5704681

Stellar MLS

APN: 15-2227-4429-00-520