NOT LISTED FOR SALE

5922 Cypress Pointe Dr Newburgh, IN 47630

Estimated Value: $1,314,000 - $1,688,000

5 Beds
7 Baths
7,244 Sq Ft
$212/Sq Ft Est. Value

Last Sold August 19, 2014

Last sale price $1,250,000 $173 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $9,674/month

142 Days on Market

Highlights

  • 102 Feet of Waterfront
  • Primary Bedroom Suite
  • Living Room with Fireplace
  • John H. Castle Elementary School Rated A-
  • Lake Property
  • Cathedral Ceiling

About This Home

As of August 2014

This stunning 5-bedroom home with 5 full-baths and 2 half-baths is located on approximately 3 acres with lake access in The Estates at Victoria. It seamlessly combines flawless craftsmanship with the most modern technology. Exquisite details can be found throughout the home, such as wooden cathedral and tray ceilings, granite counters, intricate tile work, a gourmet kitchen with KitchenAid appliances and Kitchen Jewel cabinets, and a cutting edge AMX Electronic Home Automation system. All bedrooms feature large walk-in closets and full private baths. The lower level has a cinema, ventless gas fireplace, a large custom bar and kitchen area, as well as an abundance of space for game rooms and entertaining. With a geothermal heating and air system and Low-E windows, this home is also energy efficient. The spectacular outdoor living areas surround a gorgeous lake with breathtaking views. Incredible level of quality and finish, design and details resonate throughout this residence.

Last Agent to Sell the Property

Chris Schafer

@properties Listed on: 03/07/2014

Last Buyer's Agent

Bushra Khan

ERA FIRST ADVANTAGE REALTY, INC

ERA FIRST ADVANTAGE REALTY, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,735

Year Built

  • Built in 2010

Lot Details

  • 2.68 Acre Lot
  • 102 Feet of Waterfront
  • Lake Front
  • Irregular Lot
  • Irrigation

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Stone Exterior Construction

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Water Views

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Utility Sink
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry on main level
  • Laundry Chute
  • Washer and Electric Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • 2 Bathrooms in Basement
  • 1 Bedroom in Basement

Home Security

  • Home Security System
  • Intercom

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC

Outdoor Features

  • Sun Deck
  • Lake Property
  • Lake, Pond or Stream

Utilities

  • Zoned Heating and Cooling
  • Geothermal Heating and Cooling
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 87-13-07-301-006.000-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,735

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2010
  • Age: 4
  • Style: Two Story
  • Total Number of Rooms: 14
  • Total Number of Rooms Below Grade: 5
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 7
  • Total Full Bathrooms: 5
  • Total Number of Half Bathrooms: 2
  • Legal Description: LOT 6 THE ESTATES AT VICTORIA 2.675 A
  • Parcel Number ID: 87-13-07-301-006.000-002
  • Platted: Yes
  • Amenities: Alarm System-Security, Bar, Breakfast Bar, Built-In Speaker System, Built-In Bookcase, Cable Ready, Ceiling-9+, Ceiling-Cathedral, Ceiling-Tray, Ceiling Fan(s), Ceilings-Beamed, Closet(s) Walk-in, Deck on Waterfront, Disposal, Dryer Hook Up Electric, Foyer Entry, Garage Door Opener, Intercom, Irrigation System, Laundry-Chute, Pantry-Walk In, Utility Sink, Stand Up Shower, Tub and Separate Shower, Main Level Bedroom Suite, Formal Dining Room, Great Room, Main Floor Laundry, Washer Hook-Up
  • Legal Description2: PT N 1/2 SE SW S7 T6 R8 .695 A
  • Location: Lake
  • Number Below Grade Bedrooms: 1
  • Parcel Id2: 871307300080000002
  • Sp Lp Percent: 83.39
  • Special Features: None

Interior Features

  • Total Sq Ft: 8351
  • Total Finished Sq Ft: 7244
  • Above Grade Finished Sq Ft: 5061
  • Below Grade Finished Sq Ft: 2183
  • Below Grade Sq Ft: 1107
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Finished
  • Number Of Fireplaces: 2
  • Fireplace: Living/Great Rm, Basement
  • Flooring: Carpet, Tile
  • Living Great Room: Dimensions: 12x16, On Level: Main
  • Kitchen: Dimensions: 10x15, On Level: Main
  • Breakfast Room: Dimensions: 12x14, On Level: Main
  • Dining Room: Dimensions: 12x14, On Level: Main
  • Family Room: Dimensions: 15x27, On Level: Lower
  • Recreation Room: Dimensions: 17x24, On Level: Upper
  • Extra Room: Cinema, Dimensions: 13x21, On Level: Lower
  • Bedroom 1: Dimensions: 16x18, On Level: Main
  • Bedroom 2: Dimensions: 12x15, On Level: Main
  • Bedroom 3: Dimensions: 12x15, On Level: Upper
  • Bedroom 4: Dimensions: 13x17, On Level: Upper
  • Bedroom 5: Dimensions: 17x22, On Level: Lower
  • Other Room1: Keeping Room, Dimensions: 15x16, On Level: Main
  • Other Room 2: Game Room, Dimensions: 17x18, On Level: Lower
  • Other Room 3: Social Room, Dimensions: 18x19, On Level: Lower
  • Number Below Grade Bathrooms: 2
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Number of Below Grade Half Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 3290

Exterior Features

  • Exterior: Brick, Stone
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Lake Type: Non Ski Lake
  • Water Frontage: 102

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 4
  • Garage Size: Dimensions: 24x35
  • Garage Sq Ft: 840

Utilities

  • Cooling: Geothermal
  • Heating Fuel: Geothermal
  • Sewer: Septic
  • Water Utilities: City
  • Hvac: Geothermal Hvac, Zoned Air Condtioning, Zoned Heating
  • Laundry: Dimensions: 8xMain, On Level: 10
  • Water Type: Lake

Schools

  • School District: Warrick County School Corp.
  • Elementary School: John H Castle
  • Middle School: Castle North
  • High School: Castle

Lot Info

  • Lot Description: Irregular, Water View
  • Estimated Lot Sq Ft: 116523
  • Estimated Lot Size Acres: 2.675
  • Lot Number: 6
  • Zoning: A Agricultural District

Green Features

  • Energy Efficient: HVAC, Windows

Tax Info

  • Annual Taxes: 11734.86
  • Exemptions: Homestead, Mortgage

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2014
Closed on
Aug 19, 2014
Sold by
Hoagland Lee E and Hoagland Julia M
Bought by
Mourad Mohammad Bashar and Hijazi Azza
Seller's Agent
Chris Schafer
@properties
Buyer's Agent
Bushra Khan
ERA FIRST ADVANTAGE REALTY, INC
List Price
$1,550,000
Sold Price
$1,250,000
Premium/Discount to List
-$300,000
-19.35%
Total Days on Market
142
Current Estimated Value
$1,538,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,092
Avg. Annual Appreciation
1.93%
Original Mortgage
$1,000,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 9, 2009
Sold by
Victoria Manor Llc
Bought by
Hoagland Lee E and Hoaglund Julia M
Source: Public Records

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Range of Values:

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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
Mourad Mohammad Bashar -- Attorney
Hoagland Lee E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mourad M Bashar $1,000,000
Closed Mourad Mohammad Bashar $439,523
Closed Mourad Mohammad Bashar $900,000
Closed Mouradd Mohammad Bashar $250,000
Closed Mourad Mohammad Bashar $1,000,000
Previous Owner Hoagland Lee E $908,319
Previous Owner Hoagland Lee E $919,915
Previous Owner Hoagland Lee E $920,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2014 08/19/14 Sold $1,250,000 -19.4% $173 / Sq Ft
07/27/2014 07/27/14 Pending -- -- --
03/07/2014 03/07/14 For Sale $1,550,000 -- $214 / Sq Ft
Source: Indiana Regional 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 $12,967 $1,376,500 $281,400 $1,095,100
2023 $13,050 $1,362,800 $281,400 $1,081,400
2022 $12,675 $1,220,500 $265,200 $955,300
2021 $13,332 $1,267,000 $177,900 $1,089,100
2020 $13,537 $1,277,300 $177,900 $1,099,400
2019 $12,519 $1,198,800 $174,500 $1,024,300
2018 $12,137 $1,168,400 $174,500 $993,900
2017 $11,897 $1,144,400 $174,500 $969,900
2016 $11,798 $1,135,700 $174,500 $961,200
2014 $10,011 $974,500 $103,200 $871,300
2013 $11,050 $1,045,100 $157,100 $888,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201405801

Indiana Regional MLS

APN: 87-13-07-301-006.000-002