NOT LISTED FOR SALE

5025 Down Point Ln Windermere, FL 34786

Estimated Value: $1,937,000 - $2,190,000

4 Beds
4.5 Baths
4,996 Sq Ft
$410/Sq Ft Est. Value

Last Sold December 10, 2012

Last sale price $720,000 $144 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $11,969/month

153 Days on Market

Highlights

  • Heated Indoor Pool
  • Pond View
  • Florida Architecture
  • Windermere Elementary School Rated A
  • Family Room with Fireplace
  • Separate Formal Living Room

About This Home

As of December 2012

BANK APPROVED PRICE - Short Sale. This two story home with huge Bonus room upstairs overlooks a picturesque pond in the small quiet neighborhood of Sunset bay on the shores of lake Down. This 4 bedroom home has an office with closet that could be used as a 5th bedroom. The property benefits from Dark wood flooring in the formal areas and master bedroom sitting area that has recently been used as a gym. The property also benefits from a large chefs kitchen with gas appliances, co-ordinating wood island, butchers block and stainless steel appliances that compliment the top of the line kitchen. In addition to the fourth bedroom upstairs, the bonus area also can be used as a self contained guest suite as the space is currently being used as a living area and bedroom complete with its own bathroom.The house has the addition of a wood burning, stone outdoor fireplace, Pergola with lighting and decorative seating area off the games room complete with wet bar that makes this home a great property for entertaining guests. Outside in the screened area there is a heated pool, decorative, spa and large covered lanai area with lots of room for numerous tables and chairs for more entertaining in a private area not overlooked by neighbors at the rear of the property.

Last Agent to Sell the Property

Wendy Morris

WENDY MORRIS REALTY License #3146762 Listed on: 06/15/2012

Last Buyer's Agent

Wendy Morris

WENDY MORRIS REALTY License #3146762 Listed on: 06/15/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,587

Year Built

  • Built in 2000

Lot Details

  • 0.85 Acre Lot
  • Street terminates at a dead end
  • Oversized Lot

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Pad
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Florida Architecture
  • Bi-Level Home
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,996 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room
  • Pond Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Heated Indoor Pool
  • Screened Pool
  • Vinyl Pool
  • Fence Around Pool

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Sunset Bay Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 150
  • Assessor Parcel Number 09-23-28-8443-00-150

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,587

Year Built

Built in 2000

Lot Details

0

HOA Fees

$125 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 4996
  • Lot Size Acres: 0.85
  • New Construction: No
  • Year Built: 2000
  • Building Area Total: 6426
  • Lot Size Sq Ft: 37051
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • RATIO Current Price By Calculate: 144.12
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 0
  • Tax Year: 2011
  • Special Features: 4108

Interior Features

  • Fireplace Features: Family Room, Gas
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Formal Dining Room Separate,Formal Living Room Separate

Exterior Features

  • Pool Features: Heated, Indoor, Screen Enclosure, Vinyl
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Waterfront: No
  • Water View: Pond
  • Water View YN: 1

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage Door Opener, Parking Pad

Utilities

  • Utilities: Cable Available, Electricity Connected, Gas, Public, Street Lights
  • Cooling: Central Air
  • Heating: Electric, Heat Pump, Natural Gas
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 1500
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Security System Owned, Smoke Detector(s)
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1500.00
  • Total Monthly Fees: 125.00

Lot Info

  • Zoning: SFR
  • Parcel Number: 09-23-28-8443-00-150
  • Additional Parcels: No
  • Lot Features: In County, Oversized Lot, Sidewalk, Street Dead-End
  • Future Land Use: 0100

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2012-12-10T00:00:00.000

Tax Info

  • Tax Annual Amount: 12587
  • Tax Block: 00
  • Tax Book Number: 0021/0055
  • Tax Lot: 150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2012
Closed on
Dec 10, 2012
Sold by
Lewis Patrick D and Lewis Judy A
Bought by
Summers Martin M and Summers Rachel R
Seller's Agent
Wendy Morris
WENDY MORRIS REALTY
Buyer's Agent
Wendy Morris
WENDY MORRIS REALTY
List Price
$720,000
Sold Price
$720,000
Current Estimated Value
$2,049,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,329,654
Avg. Annual Appreciation
8.31%
Original Mortgage
$576,000
Outstanding Balance
$400,387
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$1,649,267

Purchase Details

Closed on
Jul 14, 2005
Sold by
Paragon Relocation Resources Inc
Bought by
Lewis Patrick D and Lewis Judy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$806,250
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 31, 2005
Sold by
Wilen Glenn R and Wilen Carol A
Bought by
Paragon Relocation Resources Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$806,250
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 1, 2000
Sold by
Kirkpatrick Phyllis D and Kirkpatrick John E
Bought by
Wilen Glenn R and Wilen Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.29%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Summers Martin M $720,000 Equitable Title
Lewis Patrick D $1,075,000 Associated Attorney Title
Paragon Relocation Resources Inc $1,075,000 Associated Attorney Title
Wilen Glenn R $665,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summers Martin M $576,000
Previous Owner Lewis Patrick D $806,250
Previous Owner Paragon Relocation Resources Inc $53,750
Previous Owner Wilen Glenn R $150,611
Previous Owner Wilen Glenn R $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2014 07/07/14 Off Market $720,000 -- --
12/10/2012 12/10/12 Sold $720,000 0.0% $144 / Sq Ft
11/16/2012 11/16/12 Pending -- -- --
11/15/2012 11/15/12 Price Changed $720,000 0.0% $144 / Sq Ft
11/15/2012 11/15/12 For Sale $720,000 -4.1% $144 / Sq Ft
06/28/2012 06/28/12 Pending -- -- --
06/15/2012 06/15/12 For Sale $750,800 -- $150 / 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 $13,518 $834,440 -- --
2024 $13,102 $810,923 -- --
2023 $13,102 $765,116 $0 $0
2022 $12,751 $742,831 $0 $0
2021 $12,576 $721,195 $0 $0
2020 $12,021 $711,238 $0 $0
2019 $12,295 $687,427 $0 $0
2018 $12,186 $674,609 $0 $0
2017 $11,742 $745,013 $175,000 $570,013
2016 $11,995 $729,183 $175,000 $554,183
2015 $11,379 $710,967 $155,000 $555,967
2014 $11,144 $655,743 $155,000 $500,743
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5106056

Stellar MLS

APN: 09-2328-8443-00-150