NOT LISTED FOR SALE

Estimated Value: $1,008,000 - $1,224,000

4 Beds
3 Baths
2,864 Sq Ft
$391/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $875,000 $306 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $7,126/month

13 Days on Market

Highlights

  • Boathouse
  • 130 Feet of Waterfront
  • Dock made with wood
  • Dr. Phillips High School Rated A-
  • Parking available for a boat
  • Boat Ramp

About This Home

As of September 2021

This Lakefront beauty with No HOA could be yours! Located in the desirable Dr. Phillips area and just a stone's throw away from Orlando's Universal Studios, 7204 Grace Road has it all. Surrounding trees and a long driveway provide privacy and peace of mind, while the dock and boathouse give you easy access to the tranquil and gorgeous Lake Marsha. Fun fact: If you walk to the end of the dock, you can catch a glimpse of Harry Potter's Castle in Universal! This piece of paradise has been well taken care of, and includes a freshly updated kitchen and master bath. It features 4 bedrooms (one of which could also be used as a den), a game room that can also be used as an office, and a large living room, where you can look out the window and gaze upon the lake! In the kitchen, you can enjoy a spacious workspace with a cooking island, as well as a walk-in pantry to store whatever you need! The screened-in patio is spacious and houses an above-ground hot tub as well as a stunning fish pond! Out in the backyard, you can hang your hammock on the dock, take your boat out for a ride using the boat ramp, or relax on your sandy private beach, accompanied by an outdoor brick fireplace! This home is the definition of relaxation and comfort, schedule your showing today!

Last Agent to Sell the Property

Adam Belal

EXP REALTY LLC License #3461054 Listed on: 07/10/2021

EXP REALTY LLC

Last Buyer's Agent

Victoria Marsh

MATCH MADE IN REAL ESTATE License #3334210

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,880

Year Built

  • Built in 1995

Lot Details

  • 1.33 Acre Lot
  • 130 Feet of Waterfront
  • Lake Front
  • Northeast Facing Home
  • Wood Fence
  • Mature Landscaping
  • Oversized Lot
  • Level Lot
  • Irrigation
  • Bamboo Trees
  • Property is zoned R-1AA

Parking

  • 3 Car Attached Garage
  • Workshop in Garage
  • Ground Level Parking
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Parking available for a boat

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,864 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Insulated Windows
  • Blinds
  • Sliding Doors
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Lake Views
  • Attic Fan

Kitchen

  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal
  • Reverse Osmosis System

Flooring

  • Carpet
  • Laminate
  • No or Low VOC Flooring
  • Porcelain Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights
  • Fire and Smoke Detector

Eco-Friendly Details

  • Smoke Free Home
  • No or Low VOC Paint or Finish
  • Ventilation
  • Non-Toxic Pest Control

Outdoor Features

  • Access To Lake
  • Seawall
  • Boat Ramp
  • Boathouse
  • Dock made with wood
  • Enclosed Patio or Porch
  • Shed

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

  • Palm Lake Elementary School
  • Chain Of Lakes Middle School
  • Dr. Phillips High School

Utilities

  • Central Air
  • Heat Pump System
  • Thermostat
  • Underground Utilities
  • Propane
  • Well
  • Gas Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lake Marsha Sub Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,880

Year Built

Built in 1995

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2864
  • Lot Size Acres: 1.33
  • New Construction: No
  • Year Built: 1995
  • Lot Size Sq Ft: 57852
  • Directions to Property: From Sand lake Road, make a left onto Turkey Lake Road. Make a left onto Lk Marsha Dr, then left onto Alma, continue onto Grace rd. Property is on the right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5957651?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5957651?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.09512
  • Price per Sq Ft: 305.52
  • Close to Original List Price Ratio: 1.09512
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Family Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Porcelain Tile
  • Full Bathrooms: 3
  • Interior Amenities: Attic Fan, Ceiling Fans(s), High Ceiling(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Skylight(s), Solid Surface Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Kitchen Reverse Osmosis System, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Stories: 1
  • Window Features: Blinds, Insulated Windows
  • Street Number Modifier: 7204
  • Room Count: 11
  • Additional Rooms: Attic, Den/Library/Office
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northeast
  • Other Structures: Boat House, Shed(s)
  • Exterior Features: Irrigation System, Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: Lake Marsha
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Enclosed, Patio, Porch, Rear Porch, Screened
  • Road Surface Type: Paved, Asphalt
  • Water View: Lake
  • Water Access: Lake
  • Water Extras: Boat Ramp - Private, Boathouse, Dock - Wood, Seawall - Concrete
  • Water View Y N: Yes
  • Number Of Wells: 1
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 130
  • Water Frontage Feet Lake: 130
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Boat, Driveway, Garage Door Opener, Garage Faces Side, Ground Level, Guest, Oversized, Workshop in Garage
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Fire Hydrant, Phone Available, Propane, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 1
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Security Lights, Security System, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Palm Lake Elem
  • High School: Dr. Phillips High
  • Middle Or Junior School: Chain of Lakes Middle

Lot Info

  • Zoning: R-1AA
  • Parcel Number: 14-23-28-4640-00-040
  • Additional Parcels: No
  • Fencing: Wood
  • Lot Features: Flood Insurance Required, FloodZone, In County, Level, Oversized Lot
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Indoor Air Qlty: No Smoking-Interior Buildg, No/Low VOC Flooring, No/Low VOC Paint/Finish, Non Toxic Pest Control, Ventilation

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 5879.69
  • Tax Block: 4640
  • Tax Book Number: S-106
  • Tax Lot: 4

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2021
Closed on
Sep 24, 2021
Sold by
Schiemmer David Philip and Boveri Anne Marie
Bought by
Dunn Patrick
Seller's Agent
Adam Belal
EXP REALTY LLC
Buyer's Agent
Victoria Marsh
MATCH MADE IN REAL ESTATE
List Price
$799,000
Sold Price
$875,000
Premium/Discount to List
$76,000
9.51%
Current Estimated Value
$1,118,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,928
Avg. Annual Appreciation
7.72%
Original Mortgage
$700,000
Outstanding Balance
$643,850
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$528,304

Purchase Details

Listed on
Jul 10, 2021
Closed on
Aug 12, 2021
Sold by
Shurman Gerald Scott and Vasicek Jean Marie
Bought by
Schlemmer David Phillip and Boveri Ann Marie
Seller's Agent
Adam Belal
EXP REALTY LLC
Buyer's Agent
Victoria Marsh
MATCH MADE IN REAL ESTATE
List Price
$799,000
Sold Price
$875,000
Premium/Discount to List
$76,000
9.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$643,850
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$528,304

Purchase Details

Closed on
May 27, 2004
Sold by
Shurman Gerald Scott and Vasicek Jean Marie
Bought by
Schlemmer David Phillip and Boveri Anne Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,540
Interest Rate
5.21%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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
Dunn Patrick $875,000 The Closing Agent Llc
Schlemmer David Phillip -- The Closing Agent Llc
Schlemmer David Phillip $499,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunn Patrick $700,000
Previous Owner Schlemmer David Phillip $343,100
Previous Owner Schlemmer David Phillip $50,000
Previous Owner Schlemmer David Phillip $28,540
Previous Owner Schlemmer David Phillip $399,440
Previous Owner Vasicek Jean M $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2021 09/24/21 Sold $875,000 +9.5% $306 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $799,000 -- $279 / 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 $12,494 $818,035 -- --
2024 $11,645 $818,035 -- --
2023 $11,645 $771,826 $0 $0
2022 $11,296 $749,346 $280,000 $469,346
2021 $6,170 $412,867 $0 $0
2020 $5,880 $407,167 $0 $0
2019 $6,062 $398,013 $0 $0
2018 $6,015 $390,592 $0 $0
2017 $5,940 $436,696 $155,000 $281,696
2016 $5,915 $428,923 $155,000 $273,923
2015 $6,020 $420,508 $155,000 $265,508
2014 $6,100 $388,451 $155,000 $233,451
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5957651

Stellar MLS

APN: 14-2328-4640-00-040