NOT LISTED FOR SALE

505 Lake Cove Pointe Cir Winter Garden, FL 34787

Estimated Value: $1,165,226 - $1,227,000

4 Beds
3.5 Baths
3,417 Sq Ft
$350/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $780,000 $228 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $7,502/month

1 Day on Market

Highlights

  • 95 Feet of Waterfront
  • Screened Pool
  • Lake View
  • West Orange High School Rated A
  • Gated Community
  • 4-minute walk to Dr. Bradford Memorial Park

About This Home

As of October 2020

Lake front custom estate sitting on almost a half acre lot in the ONLY gated community in the Winter Garden Golf Cart District. You will be awestruck as you pull up to the impeccably manicured grounds graced with mature oak and lush tropical landscaping. Enter to large foyer with soaring ceilings and immediately see the amazing views of the largest lake in Central Florida from almost every room in this well laid out home. The open concept first floor is washed in natural sunlight Well appointed kitchen with plenty of counter space, white cabinetry with undermount lighting, white closet with wrought iron door and a MASSIVE walk in pantry. Stately columns set the formal dining room space from the family room. Walk out the large glass wall to your DREAM BACK YARD. Screened and heated pool would normally be the highlight of any yard, but the summer kitchen here is one Dreams are made of. Set under the pergula with million dollar views , this set up will make you a BBQ PITMASTER worthy of the blue ribbon, complete with side burner, separate flat grill and the best grill money can buy.. THE AMERICAN MUSCLE GRILL ...which allows you to go gas or charcoal or even lump seamlessly, and no worry of your puny propane tank going empty mid session, it is all piped into the large propane tank, shared with pool heater ! The dock pilings are still there so rebuilding the dock is going to be very cost effective, getting permit even easier too ! LITTLE KNOWN FACT ... there is a canal across the lake from this home that leads you directly to the HARRIS CHAIN OF LAKES and Lake Dora with a short 1 hr peaceful boat ride, be at the popular sandbar hangout or bar hop along the huge chain of lakes. Other highlights of the home are the large BONUS ROOM, complete with a closet, so it could be easily considered a 5th bedroom if needed. A downstairs office with incredible lake views as well. The owners suite has 2 large walk in closets and the 4th bedroom is a true en suite with its own private full bath. The A/C is only 3 years old allowing for years of worry free ownership. LAKE COVE POINTE is the ONLY GATED COMMUNITY within the coveted Winter Garden Historical Golf Cart District. You are just a short golf cart ride to everything Plant Street has to offer including the Crooked Can Brewery, Chefs Table, the roof top bar of the Whole Enchilada and of course the famous Saturday Farmers Market ! You will not find another home this reasonably priced offering so much. Move very fast, this one encompasses everything on your must have list and live the lake life and have the money left over to buy that boat !!! See it today, will be gone tomorrow.

Last Agent to Sell the Property

Ronald Ziolkowski

RE/MAX PRIME PROPERTIES License #668451 Listed on: 09/11/2020

RE/MAX PRIME PROPERTIES

Last Buyer's Agent

Donna Cox

REAL ESTATE FIRM OF ORLANDO License #345273

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,404

Year Built

  • Built in 2008

Lot Details

  • 0.43 Acre Lot
  • 95 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • South Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Irrigation
  • Landscaped with Trees

HOA Fees

  • $79 Monthly HOA Fees

Parking

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

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,417 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Family Room
  • Separate Formal Living Room
  • Bonus Room
  • Inside Utility
  • Laundry in unit
  • Lake Views

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Pool

  • Screened Pool
  • In Ground Pool
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • Access To Lake
  • Water Skiing Allowed
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Outdoor Grill

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Thermostat
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include private road
  • Sentry Managment Association, Phone Number (407) 788-6700
  • Lake Cove Pointe Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,404

Year Built

Built in 2008

Lot Details

0

HOA Fees

$79 per month

Parking

2

Listing Details

  • HOA Fee Includes: Private Road
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 3417
  • Lot Size Acres: 0.43
  • New Construction: No
  • Year Built: 2008
  • Building Area Total: 4051
  • Lot Size Sq Ft: 18699
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5890708?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5890708?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.00386
  • Price per Sq Ft: 228.27
  • Close to Original List Price Ratio: 1.00386
  • Ratio: Current Price\Building Area Total: 192.55
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Solid Surface Counters, Solid Wood Cabinets, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Stories: 2
  • Room Count: 11
  • Additional Rooms: Bonus Room, Family Room, Formal Living Room Separate, Inside Utility

Exterior Features

  • Direction Faces: South
  • Pool Features: Gunite, In Ground, Screen Enclosure
  • Exterior Features: Irrigation System, Outdoor Grill, Outdoor Kitchen
  • Roof: Shingle
  • Pool Private: Yes
  • Road Frontage Type: Private Road
  • View: Water
  • Water Body Name: Lake Apopka
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Porch, Screened
  • Road Surface Type: Paved
  • Water View: Lake
  • Water Access: Lake
  • Water Extras: Skiing Allowed
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 95
  • Water Frontage Feet Lake: 95
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air, Zoned
  • 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: Deed Restrictions, Golf Carts OK, Sidewalk
  • Association Amenities: Gated
  • Association Fee: 953
  • Association Fee Frequency: Annually
  • Association Name: SENTRY MANAGMENT
  • Phone: 4077886700
  • Association: Yes
  • Senior Community: No
  • Association Email: TERRI.GRACE@SENTRYMGT.COM
  • Amenities Additional Fees: ONLY GATED COMMUNITY WITHIN THE WINTER GARDEN HISTORICAL PLANT STRERET GOLF CART DISTRICT
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 953
  • Monthly HOA Fee: 79.42
  • Total Monthly Fees: 79.42

Schools

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

Lot Info

  • Zoning: R-1
  • Parcel Number: 15-22-27-4429-00-530
  • Additional Parcels: No
  • Lot Features: Oversized Lot, Sidewalk
  • Flood Zone Code: x

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 8-12 Months
  • Approval Process: SEE CCR
  • Pet Restrictions: SEE CCR
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: SEE CCR

Tax Info

  • Tax Annual Amount: 9403.73
  • Tax Block: 0
  • Tax Book Number: 0000/0000
  • Tax Lot: 53

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Oct 9, 2020
Sold by
Morin Michael J and Morin Laura C
Bought by
Leon David F and Leon Michelle P
Seller's Agent
Ronald Ziolkowski
RE/MAX PRIME PROPERTIES
Buyer's Agent
Donna Cox
REAL ESTATE FIRM OF ORLANDO
List Price
$777,000
Sold Price
$780,000
Premium/Discount to List
$3,000
0.39%
Current Estimated Value
$1,196,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,307
Avg. Annual Appreciation
8.84%
Original Mortgage
$510,400
Outstanding Balance
$453,974
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$742,333

Purchase Details

Closed on
Dec 20, 2016
Sold by
Palermo Ornella
Bought by
Morin Michael and Morin Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
3.94%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 21, 2011
Sold by
Emerald Park Inc
Bought by
Palermo Ornella

Purchase Details

Closed on
Jan 24, 2006
Sold by
Stambolis Elias and Melissinos Deana
Bought by
Emerald Park Inc

Purchase Details

Closed on
Jan 21, 2005
Sold by
Dowdy Ronald E and Dowdy Ronald E
Bought by
Stambolis Elias and Melissinos Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.72%
Mortgage Type
Balloon
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
Leon David F $780,000 Equitable Title
Morin Michael $557,500 Equitable Title Of Dr Philli
Palermo Ornella -- Equitable Title Of Dr Philli
Palermo Ornella -- None Available
Emerald Park Inc $250,000 Secure Title & Abstract Llc
Stambolis Elias $175,900 Northwest Title & Escrow Cor
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leon David F $510,400
Previous Owner Palermo Ornella $82,000
Previous Owner Morin Michael $417,000
Previous Owner Stambolis Elias $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2020 10/09/20 Sold $780,000 +0.4% $228 / Sq Ft
09/12/2020 09/12/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $777,000 -- $227 / 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 $13,792 $907,110 $440,000 $467,110
2024 $12,240 $887,950 $440,000 $447,950
2023 $12,240 $766,304 $260,000 $506,304
2022 $11,045 $690,012 $260,000 $430,012
2021 $9,981 $610,622 $250,000 $360,622
2020 $8,842 $558,813 $230,000 $328,813
2019 $9,404 $561,533 $230,000 $331,533
2018 $8,761 $516,613 $230,000 $286,613
2017 $8,293 $490,684 $205,000 $285,684
2016 $6,796 $393,212 $115,000 $278,212
2015 $6,425 $362,691 $115,000 $247,691
2014 $6,277 $348,917 $115,000 $233,917
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5890708

Stellar MLS

APN: 15-2227-4429-00-530