NOT LISTED FOR SALE

7214 Cypress Lake Dr Odessa, FL 33556

Estimated Value: $867,508 - $1,035,000

5 Beds
3 Baths
2,610 Sq Ft
$357/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $715,000 $274 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,879/month

4 Days on Market

Highlights

  • 95 Feet of Waterfront
  • Dock made with wood
  • Lake View
  • Hammond Elementary School Rated A-
  • In Ground Pool
  • 0.59 Acre Lot

About This Home

As of May 2021

Experience this magnificent home on Cypress Lake with 5BR/3BA (plus flex space) and an exquisite resort style saltwater pool in a sought after school district. When you arrive at your home you will approach the extended private driveway that is secured using an electric double gate w/remote controlled access from your car & home. As you approach the front porch you & your guest will be welcomed  with breathtaking views of your pool, extra large paver lounge area and your double cascading fountain features. As you proceed into your home you'll be greeted with an expansive open floor plan allowing views of the 16.11 acre Cypress lake & secluded backyard from almost every room.  The kitchen is where the greatest of chefs will enjoy preparing meals using the stainless steel appliances, induction oven,  granite counters & island w/upgraded basin sink.  Your gourmet kitchen overlooks the oversized great room featuring a wood burning fireplace & dining area.This open floor plan allows the natural light into the home w/large windows & French glass doors for access to your outdoor entertaining deck and lake. Your home's expansive owner's suite features glass french doors for private views of your lake and access to your own deck. The owner's bathrm w/upscale quartz will be a place to unwind w/a jacuzzi garden tub & walk in shower. The owner's suite offers a dressing area with a 3 way mirror uniquely situated between the double walk in closet with ample space to keep all your belongings organized. The secondary bdrms/bath offer a private hallway, large closets & upscale bathrms w/granite counters. Take advantage of the guest suite with its private bath featuring French glass doors for easy private  access to the backyard, lake, & outdoor deck area where you can watch the woodpeckers in the trees. This beautiful home has a unique detached flex bonus rm w/ its own outdoor porch making it perfect for your work at home office or  to suit your entertaining needs with family & friends . Once you make your way to the serene backyard you will notice the lighted fire pit area.  This will be a special place where neighborhood friends gather to make lifelong memories after kayaking on the spring fed, fish filled lake. You will enjoy the convenience of the firepit and refurbished 50 foot dock having electric/water making it ready for your own outdoor kitchen.  This move in ready home even has an electric dog fence surrounding the property, and is not in a flood zone.  The saltwater pool system is rented and can be transferred to the new owner.  Recent updates include: Garage door, pool - pool pump, remarcited/tiled, added fountain features, light features, pavers, detached bonus room with AC.

Last Agent to Sell the Property

Sheri Pearson

FUTURE HOME REALTY INC License #3331795 Listed on: 04/09/2021

FUTURE HOME REALTY INC

Last Buyer's Agent

Michael Shaw

MICHAEL SHAW REAL ESTATE License #3402733

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,065

Year Built

  • Built in 1972

Lot Details

  • 0.59 Acre Lot
  • 95 Feet of Waterfront
  • Lake Front
  • North Facing Home
  • Stone Wall
  • Wood Fence
  • Electric Fence
  • Board Fence
  • Mature Landscaping
  • Oversized Lot
  • Level Lot
  • Well Sprinkler System
  • Landscaped with Trees
  • Property is zoned ASC-1

Parking

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

Property Views

  • Lake
  • Woods

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,610 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Wood Burning Fireplace
  • French Doors
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Den
  • Bonus Room
  • Inside Utility
  • Laundry Room
  • Attic

Kitchen

  • Built-In Convection Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Home Security

  • Security Gate
  • Security Fence, Lighting or Alarms
  • Fire and Smoke Detector
  • Fire Sprinkler System

Accessible Home Design

  • Grip-Accessible Features
  • Central Living Area
  • Accessible Hallway

Pool

  • In Ground Pool
  • Gunite Pool
  • Pool Lighting

Outdoor Features

  • Access To Lake
  • Dock has access to water
  • Dock made with wood
  • Powered Boats Permitted
  • Deck
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Rain Gutters
  • Front Porch

Location

  • City Lot

Schools

  • Hammond Elementary School
  • Martinez Middle School
  • Steinbrenner High School

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Well
  • Electric Water Heater
  • Water Softener
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cypress Lake Estates Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,065

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 2610
  • Lot Size Acres: 0.59
  • New Construction: No
  • Year Built: 1972
  • Accessibility Features: Accessible Central Living Area, Accessible Hallway(s), Grip-Accessible Features
  • Lot Size Sq Ft: 25534
  • Directions to Property: Head North on Dale Mabry to Van Dyke Rd. Turn left on Van Dyke. Turn left on Brown Rd. Turn left on Cypress Lake. Home is on the right hand side.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3299989?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3299989?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.02289
  • Price per Sq Ft: 273.95
  • Close to Original List Price Ratio: 1.02289
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Engineered Hardwood
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Split Bedroom, Thermostat, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Water Softener
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: One
  • Street Number Modifier: 7214
  • Room Count: 9
  • Additional Rooms: Attic, Bonus Room, Den/Library/Office, Great Room, Inside Utility, Interior In-Law Suite
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Other Structures: Other, Storage, Workshop
  • Pool Features: Gunite, In Ground, Lighting
  • Exterior Features: French Doors, Irrigation System, Rain Gutters, Storage
  • Roof: Shingle
  • Pool Private: Yes
  • View: Trees/Woods, Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Front Porch, Rear Porch
  • Road Surface Type: Paved
  • Water View: Lake
  • Water Access: Lake
  • Water Extras: Dock - Wood, Dock w/Electric, Dock w/Water Supply, Powerboats – None Allowed
  • Water View Y N: Yes
  • Number Of Wells: 1
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12057C0039H
  • Waterfront Frontage: 95
  • Water Frontage Feet Lake: 95
  • 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, Oversized
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public, Sprinkler Well
  • Cooling: Central Air
  • Heating: Electric
  • 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: Fire Alarm, Fire Sprinkler System, Security Fencing/Lighting/Alarms, Security Gate, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Hammond Elementary School
  • High School: Steinbrenner High School
  • Middle Or Junior School: Martinez-HB

Lot Info

  • Zoning: ASC-1
  • Parcel Number: U-24-27-17-01J-000000-00012.0
  • Additional Parcels: No
  • Fencing: Board, Electric, Stone, Wood
  • Lot Features: City Lot, In County, Level, Oversized Lot
  • Flood Zone Code: AE
  • Flood Zone Date: 2008-08-28
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Annual Amount: 4065
  • Tax Block: 0000
  • Tax Book Number: 32-74
  • Tax Lot: 12

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
May 28, 2021
Sold by
Schmidt Rickey A and Schmidt Holly D
Bought by
Owen Watson C and Owen Hailey P
Seller's Agent
Sheri Pearson
FUTURE HOME REALTY INC
Buyer's Agent
Michael Shaw
MICHAEL SHAW REAL ESTATE
List Price
$699,000
Sold Price
$715,000
Premium/Discount to List
$16,000
2.29%
Current Estimated Value
$930,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,627
Avg. Annual Appreciation
6.35%
Original Mortgage
$548,250
Outstanding Balance
$496,372
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$434,255

Purchase Details

Closed on
May 26, 2015
Sold by
Berger Jason T and Berger Andrea
Bought by
Schmidt Rickey A and Schmidt Holly D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 22, 2013
Closed on
Aug 29, 2013
Sold by
Robson Michael
Bought by
Berger Jason T and Berger Andrea
Seller's Agent
Julie Gulliford
FUTURE HOME REALTY INC
List Price
$525,000
Sold Price
$440,000
Premium/Discount to List
-$85,000
-16.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.42%
Original Mortgage
$417,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2012
Sold by
Wells Fargo Bank Na
Bought by
Robson Michael

Purchase Details

Closed on
May 30, 2012
Sold by
Kursch Paul
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 17, 2007
Sold by
Kursch Paul
Bought by
Kursch Paul and Kursch Kathryn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 7, 2006
Sold by
Warren Douglas C and Warren Barbara A
Bought by
Kursch Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.58%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 30, 1996
Sold by
Cheeseman Stephen C
Bought by
Warren Douglas C and Warren Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
7.57%
Source: Public Records

Range of Values:

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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
Owen Watson C -- American Home Title
Schmidt Rickey A $530,000 Attorney
Berger Jason T $440,000 Insured Title Agency Llc
Robson Michael $228,300 Attorney
Wells Fargo Bank Na -- None Available
Kursch Paul $130,000 None Available
Kursch Paul $445,000 Alday Donalson Title Agencie
Warren Douglas C $139,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owen Watson C $548,250
Previous Owner Schmidt Rickey A $472,700
Previous Owner Schmidt Rickey A $194,000
Previous Owner Schmidt Rickey A $500,000
Previous Owner Berger Jason T $417,000
Previous Owner Kursch Paul B $50,000
Previous Owner Kursch Paul $260,000
Previous Owner Warren Douglas C $242,640
Previous Owner Warren Douglas C $211,352
Previous Owner Warren Douglas C $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $715,000 +2.3% $274 / Sq Ft
04/13/2021 04/13/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $699,000 +58.9% $268 / Sq Ft
06/16/2014 06/16/14 Off Market $440,000 -- --
08/29/2013 08/29/13 Sold $440,000 -11.9% $169 / Sq Ft
07/26/2013 07/26/13 Pending -- -- --
07/21/2013 07/21/13 Price Changed $499,500 +11.1% $192 / Sq Ft
07/20/2013 07/20/13 Price Changed $449,500 -14.4% $173 / Sq Ft
06/22/2013 06/22/13 For Sale $525,000 -- $202 / 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 $10,159 $593,037 -- --
2023 $9,848 $575,764 $141,663 $434,101
2022 $11,537 $673,940 $104,445 $569,495
2021 $4,160 $247,957 $0 $0
2020 $4,065 $244,534 $0 $0
2019 $3,949 $239,036 $0 $0
2018 $3,852 $234,579 $0 $0
2017 $3,800 $287,881 $0 $0
2016 $3,767 $225,028 $0 $0
2015 $3,986 $274,533 $0 $0
2014 $3,959 $230,680 $0 $0
2013 -- $266,158 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3299989

Stellar MLS

APN: U-24-27-17-01J-000000-00012.0