NOT LISTED FOR SALE

557 Lake Cypress Cir Oldsmar, FL 34677

Estimated Value: $511,000 - $556,000

4 Beds
2 Baths
1,910 Sq Ft
$277/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $345,000 $181 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,435/month

20 Days on Market

Highlights

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

About This Home

As of May 2019

One look and you will be SOLD when you tour this move in ready, model perfect, four-bedroom, two bath, single family in ground pool home located in the wonderful community of Oldsmar. This home is well maintained by its current owners, pride of ownership abounds. This home is in the Preserve at Cypress Lakes, a short distance off of Tampa Road. This split plan home offers an open floor plan with vaulted ceilings, giving that open bright feeling throughout. Newer ceramic tile flooring is in the formal living room/dining room combination that leads into the great room overlooking the in-ground pool and private, tranquil pond setting. The master suite has a walk in closet it’s own master bath, complete with large walk in shower, separate garden tub and dual sinks. The open gourmet kitchen features granite counters, stainless steel appliances and a large eat in kitchen area. Off the kitchen is the laundry room that leads to the attached two car garage. The caged lanai has a covered private seating area overlooking the pool and pond, great for relaxing and entertaining. The interior of the home has recently been painted, the roof was replaced in 2015, and the HVAC system in 2014. Centrally located, just minutes from the Tampa International Airport, minutes from Beautiful Beaches, Tampa, St. Pete, Clearwater, Restaurants and endless shopping. Walking distance to the Nature Preserve and Water Park. NO FLOOD INSURANCE! Additional attic storage with pull down stairs and hurricane shutters. This GEM will not last!

Last Agent to Sell the Property

Bob McCaffery

BHHS FLORIDA PROPERTIES GROUP License #3194121 Listed on: 03/06/2019

BHHS FLORIDA PROPERTIES GROUP

Co-Listed By

Grace Rudawski

BHHS FLORIDA PROPERTIES GROUP License #3415515

Last Buyer's Agent

Doug Smith

CHARLES RUTENBERG REALTY INC License #3300151

CHARLES RUTENBERG REALTY INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,940

Year Built

  • Built in 1999

Lot Details

  • 6,046 Sq Ft Lot
  • Home fronts a pond
  • 52 Feet of Waterfront
  • Southeast Facing Home
  • Mature Landscaping
  • Level Lot
  • Landscaped with Trees

HOA Fees

  • $55 Monthly HOA Fees

Parking

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

Home Design

  • Ranch Style House
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,910 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room
  • Pond Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Screened Pool
  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Reclaimed Water Irrigation System
  • City Lot

Community Details

  • Management And Associates Association, Phone Number (813) 433-2000
  • Visit Association Website
  • 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

$3,940

Year Built

Built in 1999

Lot Details

0

HOA Fees

$55 per month

Parking

2

Listing Details

  • HOA Fee Includes: Other
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 1910
  • Lot Size Acres: 0.14
  • New Construction: No
  • Year Built: 1999
  • Building Area Total: 2540
  • Lot Size Sq Ft: 6046
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=U8036482&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=U8036482&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Number Of Pets: 3
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.98571
  • Price per Sq Ft: 180.63
  • Close to Original List Price Ratio: 0.98571
  • Ratio: Current Price\Building Area Total: 135.83
  • View: Yes
  • Co List Office Mls Id: 260017433
  • Co List Office Phone: 727-799-2227
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Open Floorplan, Split Bedroom
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Window Features: Blinds
  • Room Count: 8
  • Additional Rooms: Formal Dining Room Separate, Formal Living Room Separate
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Direction Faces: Southeast
  • Pool Features: In Ground, Screen Enclosure
  • Exterior Features: Lighting, Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Enclosed, 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: 52
  • Water Frontage Feet Pond: 52
  • Disclosures: Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Fire Hydrant, Sprinkler Recycled
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • 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 Name: Management and Associates
  • Phone: 813 433 2000
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Website: www.MGMT-ASSOC.COM
  • 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: 13-28-16-73085-000-0670
  • Additional Parcels: No
  • Lot Features: City Lot, Level
  • Flood Zone Code: X
  • Flood Zone Date: 2003-01-09
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Pet Restrictions: Dogs, cats and other common household pets may be kept..... no more than a total of three (3) such animals may be kept on any Lot. ref: Page 14 of the Deed restrictions.
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Deed restrictions don't reference leasing

Tax Info

  • Tax Annual Amount: 3940
  • Tax Block: 0000
  • Tax Book Number: 119-6
  • Tax Lot: 67

Multi Family

  • Waterfront Features: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2019
Sold by
Hp Florida I Llc
Bought by
Hpa Borrower 2019 2 Llc
Current Estimated Value
$533,357

Purchase Details

Listed on
Mar 6, 2019
Closed on
May 31, 2019
Sold by
Craig John M and Craig Nancy
Bought by
Hp Florida I Llc
Seller's Agent
Bob McCaffery
BHHS FLORIDA PROPERTIES GROUP
Buyer's Agent
Doug Smith
CHARLES RUTENBERG REALTY INC
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%

Purchase Details

Closed on
Feb 23, 2016
Sold by
Thompson Jeffrey D and Thompson Tara G
Bought by
Craig John M and Craig Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 1999
Sold by
Westfield Development Corp
Bought by
Thompson Jeffrey D and Thompson Tara G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,830
Interest Rate
7.5%
Mortgage Type
VA
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
Hpa Borrower 2019 2 Llc -- Stewart Title Guaranty Co
Hp Florida I Llc $345,000 Stewart Title Company
Craig John M $285,000 Marlin Title
Thompson Jeffrey D $167,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Craig John M $228,000
Previous Owner Thompson Jeffrey D $10,000
Previous Owner Thompson Jeffrey D $172,640
Previous Owner Thompson Jeffrey D $165,830
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2019 05/31/19 Sold $345,000 -1.4% $181 / Sq Ft
03/26/2019 03/26/19 Pending -- -- --
03/22/2019 03/22/19 For Sale $350,000 0.0% $183 / Sq Ft
03/10/2019 03/10/19 Pending -- -- --
03/06/2019 03/06/19 For Sale $350,000 -- $183 / 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 $6,979 $433,146 $95,838 $337,308
2024 $6,522 $451,857 $160,884 $290,973
2023 $6,522 $420,026 $168,928 $251,098
2022 $5,879 $366,980 $165,863 $201,117
2021 $5,329 $289,354 $0 $0
2020 $4,969 $265,959 $0 $0
2019 $3,844 $245,174 $66,469 $178,705
2018 $3,937 $248,247 $0 $0
2017 $3,905 $243,141 $0 $0
2016 $2,259 $155,855 $0 $0
2015 $2,297 $154,772 $0 $0
2014 $2,283 $153,544 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8036482

Stellar MLS

APN: 13-28-16-73085-000-0670