NOT LISTED FOR SALE

5869 Pearl Estates Ln Sanford, FL 32771

Estimated Value: $1,001,000 - $1,098,000

7 Beds
4 Baths
4,868 Sq Ft
$213/Sq Ft Est. Value

Last Sold July 07, 2022

Last sale price $970,000 $199 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,590/month

21 Days on Market

Highlights

  • Heated In Ground Pool
  • Solar Power System
  • View of Trees or Woods
  • Wilson Elementary School Rated A
  • Gated Community
  • Open Floorplan

About This Home

As of July 2022

**Back on the market due to buyer financing**. Expect to be impressed in this gorgeous home with all the upgrades you could dream of! Stunning 7 bedrooms and 4 bath home in the gated community of Pearl Lake Estates, with an enormous bonus room perfect for entertaining. As you enter this well-maintained home, there is an office on the right with opaque glass sliding doors and the dining room to your left. This open floor plan has designer touches and quality throughout. Enjoy family time cooking in the gourmet kitchen and relaxing in the oversized family room. The kitchen is a cook's dream with granite counter tops, an oversized gas range, a large island in the center, a walk-in pantry and plenty of counter space and cabinets. A very large breakfast room with built-in seating and custom-made table can fit at least 10 individuals. The framed-out windows, built-in bookcases, storage bench, crown molding and dark stained handrails are just a few of the architectural features that will impress. This home is very energy efficient with double paned windows and solar panels allowing for a low monthly electric bill. The master retreat located downstairs is perfect for decompressing after a long day with a master bath that includes dual vanities, large soaking tub, and enormous walk-in closet. Five other bedrooms with large walk-in closets, two jack and jill bathrooms, an oversized bonus/game room and media room are all located on the 2nd floor. Not to be forgotten is the 3-car garage, one bay is tandem which could be the perfect workshop. The backyard is an entertainers' dream with an extra-large pool with a sun shelf and large paver patio with no rear neighbors. This beautiful home in a fabulous neighborhood, next to Heathrow & Lake Mary and is known for its' excellent schools, prominent businesses, outstanding shopping & dining. You are located 15 minutes from the quaint downtown Sanford and 30 – 45 minutes from Orlando. A simply stunning home waiting to be yours.

Last Agent to Sell the Property

Andrea Rickheim

DOVER INTERNATIONAL CO., INC. License #3445538 Listed on: 05/19/2022

Last Buyer's Agent

Brian Hyser

THE AGENCY ORLANDO License #3406447

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,632

Year Built

  • Built in 2014

Lot Details

  • 9,449 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Mature Landscaping
  • Metered Sprinkler System

HOA Fees

  • $159 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Tandem Parking
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Florida Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,868 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • Blinds
  • Family Room Off Kitchen
  • Views of Woods

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Solar Power System

Pool

  • Heated In Ground Pool
  • Saltwater Pool
  • Pool is Self Cleaning
  • Pool Lighting

Outdoor Features

  • Deck
  • Patio
  • Rain Gutters
  • Front Porch

Schools

  • Wilson Elementary School
  • Markham Woods Middle School
  • Seminole High School

Utilities

  • Zoned Cooling
  • Heating Available
  • Thermostat
  • Natural Gas Connected
  • Water Filtration System
  • Tankless Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, escrow reserves fund, ground maintenance, manager, private road
  • Real Manage Llc Association, Phone Number (866) 473-2573
  • Pearl Lake Estates Subdivision
  • The community has rules related to fencing
  • Rental Restrictions

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,632

Year Built

Built in 2014

Lot Details

0

HOA Fees

$159 per month

Parking

3

Listing Details

  • HOA Fee Includes: Common Area Taxes, Escrow Reserves Fund, Maintenance Grounds, Manager, Private Road
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 4868
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 2014
  • Lot Size Sq Ft: 9449
  • Directions to Property: From I-4, exit onto CR 46-A W, turn right onto Orange Blvd, turn left onto Addison Way, turn left onto Pearl Estates Lane and home will be on your right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6026756?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6026756?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.98178
  • Price per Sq Ft: 199.26
  • Close to Original List Price Ratio: 0.98178
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 4
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, High Ceiling(s), Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Stone Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer, Water Filtration System
  • Foundation Details: Slab
  • Total Bedrooms: 7
  • Levels: Two
  • Spa Yn: No
  • Stories: 2
  • Window Features: Blinds, ENERGY STAR Qualified Windows
  • Street Number Modifier: 5869
  • Room Count: 15

Exterior Features

  • Direction Faces: North
  • Pool Features: Heated, In Ground, Lighting, Salt Water, Self Cleaning
  • Exterior Features: Fenced, Irrigation System, Rain Gutters, Sidewalk, Sprinkler Metered
  • Roof: Tile
  • Pool Private: Yes
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Deck, Front Porch, Patio, Rear Porch
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Tandem
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Solar
  • Cooling: Zoned
  • Heating: Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: None
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Gated Community
  • Association Amenities: Fence Restrictions, Gated
  • Association Fee: 159
  • Association Fee Frequency: Monthly
  • Association Name: Real Manage LLC
  • Phone: 866-473-2573
  • Association: Yes
  • Senior Community: No
  • Association Email: pealakee@ciramail.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 1908
  • Monthly HOA Fee: 159
  • Total Monthly Fees: 159

Schools

  • Elementary School: Wilson Elementary School
  • High School: Seminole High
  • Middle Or Junior School: Markham Woods Middle

Lot Info

  • Zoning: X
  • Parcel Number: 36-19-29-514-0000-0050
  • Additional Parcels: No
  • Fencing: Other
  • Flood Zone Code: X

Green Features

  • Efficiency: Appliances, HVAC, Water Heater, Windows
  • Green Power: Solar

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 8-12 Months
  • Approval Process: Please contact HOA for approval process if needed.
  • Pet Restrictions: Please check with HOA for any restrictions
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please check with HOA for any restrictions and to confirm

Tax Info

  • Tax Annual Amount: 6632
  • Tax Block: 0000
  • Tax Book Number: 77-61
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2019
Closed on
Dec 31, 2019
Sold by
Sidman Kara Bachus and Sidman Steven Charles
Bought by
Rickheim Thomas W and Rickheim Andrea
Seller's Agent
David Miller
KELLER WILLIAMS HERITAGE REALTY
Buyer's Agent
Andrea Rickheim
DOVER INTERNATIONAL CO., INC.
List Price
$675,000
Sold Price
$610,000
Premium/Discount to List
-$65,000
-9.63%
Current Estimated Value
$1,037,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$427,847
Avg. Annual Appreciation
9.54%
Original Mortgage
$535,000
Outstanding Balance
$472,694
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$565,153

Purchase Details

Closed on
Nov 3, 2016
Sold by
Bachus Jere Kyle
Bought by
Sidman Kara Bachus and Sidman Steven Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,600
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2014
Sold by
Taylor Morrison Of Florida Inc
Bought by
Bachus Jere Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,564
Interest Rate
4.43%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Rickheim Thomas W $610,000 Innovative Title Svcs Llc
Sidman Kara Bachus $504,000 Cape Coral Title Ins Agency
Bachus Jere Kyle $514,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rickheim Thomas W $535,000
Previous Owner Sidman Kara Bachus $414,600
Previous Owner Bachus Jere Kyle $411,564
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/07/2022 07/07/22 Sold $970,000 -1.8% $199 / Sq Ft
06/10/2022 06/10/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $988,000 0.0% $203 / Sq Ft
05/30/2022 05/30/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $988,000 +62.0% $203 / Sq Ft
12/31/2019 12/31/19 Sold $610,000 +1.7% $125 / Sq Ft View Prior Sale
11/22/2019 11/22/19 Pending -- -- --
10/08/2019 10/08/19 Price Changed $600,000 -2.4% $123 / Sq Ft
09/12/2019 09/12/19 Price Changed $615,000 -1.6% $126 / Sq Ft
07/29/2019 07/29/19 Price Changed $625,000 -3.8% $128 / Sq Ft
07/18/2019 07/18/19 Price Changed $650,000 -3.7% $134 / Sq Ft
07/10/2019 07/10/19 For Sale $675,000 -- $139 / 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
2024 $11,668 $860,283 $155,000 $705,283
2023 $11,434 $836,256 $155,000 $681,256
2021 $6,632 $502,778 $0 $0
2020 $6,586 $495,836 $0 $0
2019 $7,379 $544,917 $0 $0
2018 $7,324 $534,757 $0 $0
2017 $7,477 $536,046 $0 $0
2016 $7,591 $503,383 $0 $0
2015 $1,088 $497,775 $0 $0
2014 $1,088 $75,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6026756

Stellar MLS

APN: 36-19-29-514-0000-0050