Seller's Agent in 2014
Chris Schafer
@properties
(812) 430-9630
15 in this area
135 Total Sales
5922 Cypress Pointe Dr Newburgh, IN 47630
Estimated Value: $1,252,000 - $1,708,000
5
Beds
7
Baths
7,244
Sq Ft
$210/Sq Ft
Est. Value
Highlights
- 102 Feet of Waterfront
- Primary Bedroom Suite
- Lake Property
- John H. Castle Elementary School Rated A-
- 2.68 Acre Lot
- Living Room with Fireplace
About This Home
As of August 2014This 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.
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
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%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,449
Avg. Annual Appreciation
1.80%
Original Mortgage
$1,000,000
Outstanding Balance
$725,639
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$798,810
Purchase Details
Closed on
Feb 9, 2009
Sold by
Victoria Manor Llc
Bought by
Hoagland Lee E and Hoaglund Julia M
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Home Values in the Area
Average Home Value in this Area
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 Mohammad Bashar | $1,000,000 |
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
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
-
Chris Schafer
-
Bushra Khan
Buyer's Agent in 2014
Bushra Khan
ERA FIRST ADVANTAGE REALTY, INC
(812) 205-5178
7 in this area
12 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 201405801
APN: 87-13-07-301-006.000-002
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