NOT LISTED FOR SALE

555 Lake Cypress Cir Oldsmar, FL 34677

Estimated Value: $535,000 - $580,000

3 Beds
2.5 Baths
2,151 Sq Ft
$262/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $339,000 $158 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,469/month

2 Days on Market

Highlights

  • 50 Feet of Waterfront
  • In Ground Pool
  • Pond View
  • Forest Lakes Elementary School Rated A-
  • Home fronts a pond
  • Open Floorplan

About This Home

As of March 2018

Presenting the hidden gem of the Preserves at Cypress Lakes! Nestled in front of Lake Cypress, this beautifully updated home boasts a second floor loft and extra OFFICE/BONUS ROOM space. BRAND NEW ROOF installed in 2017. The shingles were smooth laid and all roof vents have been replaced and repainted. Enjoy the piece of mind of a solid roof over your head and savings in energy consumption and insurance premiums. The preserves are in the heart of everything that Oldsmar has to offer, just minutes from the airport and neighboring cities of north Pinellas. No flood insurance required as well. Upon entering the front door, you are greeted by vaulted ceilings, diagonal laid large tile floors, crown molding, and extended baseboards that speak elegance & comfort. Functional & Open Floor Plan, this home is ideal for creating privacy when you need a separate space. The large screened in swimming pool also offers a great space for entertaining or just cooling off, boasting a large space for outside fun with friends and family! The private pool has access from Master Bedroom and a gorgeous backdrop of the lake. Enjoy Indoor Laundry, 2 car garage, as well as many upgrades including BRAND NEW water heater in 2017 and all new appliances in 2018. Relax while you enjoy quaint curb appeal of the home from the front or back while take in the beauty of nature, birds, and all the Florida Dream has to offer. A+ Rated schools, and award winning Clearwater beach. With over 2150 square feet this house is ready to be your home!

Last Agent to Sell the Property

Robert Paolini

EXP REALTY LLC License #3313981 Listed on: 02/24/2018

EXP REALTY LLC

Last Buyer's Agent

Luz Juvert

LOMBARDO TEAM REAL ESTATE LLC License #3332430

LOMBARDO TEAM REAL ESTATE LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,995

Year Built

  • Built in 1999

Lot Details

  • 6,412 Sq Ft Lot
  • Home fronts a pond
  • 50 Feet of Waterfront
  • Irrigation

HOA Fees

  • $55 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Pond
  • Pool

Home Design

  • Contemporary Architecture
  • Florida Architecture
  • Bi-Level Home
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,151 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Loft
  • Storage Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry in unit
  • ENERGY STAR Qualified Washer

Outdoor Features

  • In Ground Pool
  • Deck
  • Screened Patio
  • Rain Gutters
  • Porch

Schools

  • Forest Lakes Elementary School
  • Carwise Middle School
  • East Lake High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Preserve At Cypress Lakes Ph II The Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,995

Year Built

Built in 1999

Lot Details

0

HOA Fees

$55 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Florida
  • Construction Materials: Block, Wood Frame
  • Fireplace: No
  • Living Area: 2151
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 1999
  • Building Area Total: 2789
  • Lot Size Sq Ft: 6412
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=U7849050&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=U7849050&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.96885
  • Price per Sq Ft: 157.6
  • Close to Original List Price Ratio: 0.96885
  • Ratio: Current Price\Building Area Total: 121.55
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Attic, Ceiling Fans(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan
  • Appliances Included: Dishwasher, Disposal, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Washer, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One, Two
  • Window Features: Blinds
  • Room Count: 10
  • Additional Rooms: Attic, Loft, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: In Ground
  • Exterior Features: Irrigation System, Rain Gutters
  • Roof: Shingle
  • Pool Private: Yes
  • View: Pool, Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Water View: Pond
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12103C0091G
  • Waterfront Frontage: 50
  • Water Frontage Feet Pond: 50
  • Disclosures: HOA/PUD/Condo Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 55
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: No
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 660
  • Monthly HOA Fee: 55
  • Total Monthly Fees: 55

Schools

  • Elementary School: Forest Lakes Elementary-PN
  • High School: East Lake High-PN
  • Middle Or Junior School: Carwise Middle-PN

Lot Info

  • Parcel Number: 13-28-16-73085-000-0680
  • Additional Parcels: No
  • Lot Features: Sidewalk
  • Flood Zone Code: X
  • Flood Zone Date: 2003-09-03
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Appliances

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 3995
  • Tax Block: 000
  • Tax Book Number: 119-6
  • Tax Lot: 68

Multi Family

  • Waterfront Features: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2018
Closed on
Mar 23, 2018
Sold by
Melchert Jason and Melchert Kelly
Bought by
Doerner Christopher David and Carmona Esaleen
Seller's Agent
Robert Paolini
EXP REALTY LLC
Buyer's Agent
Luz Juvert
LOMBARDO TEAM REAL ESTATE LLC
List Price
$349,900
Sold Price
$339,000
Premium/Discount to List
-$10,900
-3.12%
Current Estimated Value
$574,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,995
Avg. Annual Appreciation
6.85%
Original Mortgage
$288,150
Outstanding Balance
$245,843
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$318,773

Purchase Details

Listed on
May 24, 2013
Closed on
Sep 17, 2013
Sold by
Fannie Mae
Bought by
Melchert Jason and Lefabvre Kelly
Seller's Agent
Brenda Draper
BLUEWATER BAY REALTY GROUP
Buyer's Agent
Richard Blake
BLAKE REAL ESTATE INC
List Price
$248,900
Sold Price
$237,000
Premium/Discount to List
-$11,900
-4.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.24%
Original Mortgage
$225,100
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2013
Sold by
Bank Of America Na and Menyhart Judit
Bought by
Federal National Mortgag Association and Bac Home Loans Servicing Lp

Purchase Details

Closed on
Aug 5, 2004
Sold by
Burge Vicky L and Burge Dennis J
Bought by
Menyhart Sandor and Menyhart Judit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2000
Sold by
Westfield Development Corp
Bought by
Burge Dennis J and Burge Vicky L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,850
Interest Rate
8.11%
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
Doerner Christopher David $339,000 Palama Title & Real Estate
Melchert Jason $237,000 Attorney
Federal National Mortgag Association -- None Available
Menyhart Sandor $236,000 Lawyers Title Ins
Burge Dennis J $182,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doerner Christopher David $288,150
Previous Owner Melchert Jason $225,100
Previous Owner Menyhart Sandor $164,000
Previous Owner Burge Dennis J $54,000
Previous Owner Burge Dennis J $145,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/23/2018 03/23/18 Sold $339,000 -3.1% $158 / Sq Ft
02/27/2018 02/27/18 Pending -- -- --
02/24/2018 02/24/18 For Sale $349,900 +47.6% $163 / Sq Ft
06/16/2014 06/16/14 Off Market $237,000 -- --
09/17/2013 09/17/13 Sold $237,000 -4.8% $110 / Sq Ft View Prior Sale
07/05/2013 07/05/13 Pending -- -- --
05/24/2013 05/24/13 For Sale $248,900 -- $116 / 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 $4,638 $321,548 -- --
2024 $4,568 $312,486 -- --
2023 $4,568 $303,384 $0 $0
2022 $4,443 $294,548 $0 $0
2021 $4,504 $285,969 $0 $0
2020 $4,495 $282,021 $0 $0
2019 $4,419 $275,680 $72,106 $203,574
2018 $4,027 $252,993 $0 $0
2017 $3,995 $247,789 $0 $0
2016 $3,963 $242,692 $0 $0
2015 $4,027 $241,005 $0 $0
2014 $4,007 $239,092 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U7849050

Stellar MLS

APN: 13-28-16-73085-000-0680