NOT LISTED FOR SALE

7638 Spring Bay Cove Unit 2 Orlando, FL 32819

Dr. Phillips Neighborhood

Estimated Value: $368,000 - $426,000

2 Beds
2 Baths
1,650 Sq Ft
$237/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $318,000 $193 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,989/month

35 Days on Market

Highlights

  • Waterfront Community
  • Gated Community
  • Living Room with Fireplace
  • Dr. Phillips Elementary School Rated A-
  • Lake View
  • Wood Flooring

About This Home

As of July 2021

This is truly a rare opportunity to own in the coveted gated lakeside Spring Bay Cove subdivision. With only 14 units on this quiet, peaceful street, these townhomes hardly ever come for sale. This 2 story townhome has both bedrooms on the first floor and has unbelievable views. The remodeled kitchen has been opened up so it looks out to the living room and the lake. Upstairs, the loft is perfect for an office, workout room, or guest space. The master bedroom has a walk in closet and also looks out to the lake. The screened in patio is perfect for watching the sunrise or for a glass of wine at the end of the day to enjoy how beautiful it is over the lake. The garage has been converted into a bonus room that has plenty of storage. All the units have a brand new metal roof. Once you drive into this gated street and see how peaceful it is in front and back, you can figure out why people rarely move from here. Being located right in the heart of Dr. Phillips and close to everything from restaurant row, Universal, Disney, Sea World, Millenia Mall and only 20 minutes from the airport and downtown, you'll be amazed at how quiet it is.

Last Agent to Sell the Property

Joseph Newstreet

EXP REALTY LLC License #3200539 Listed on: 06/02/2021

EXP REALTY LLC

Last Buyer's Agent

Xiao Pang

BLUE CHIP INTERNATIONAL REALTY LLC License #3324886

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,823

Year Built

  • Built in 1984

Lot Details

  • 7,596 Sq Ft Lot
  • Property fronts a private road
  • Street terminates at a dead end
  • North Facing Home

HOA Fees

  • $550 Monthly HOA Fees

Home Design

  • Bi-Level Home
  • Brick Exterior Construction
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 1,650 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Sliding Doors
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Loft
  • Bonus Room
  • Lake Views
  • Laundry in unit

Kitchen

  • Dishwasher
  • Solid Wood Cabinet

Flooring

  • Wood
  • Carpet
  • Concrete

Bedrooms and Bathrooms

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

Schools

  • Dr. Phillips Elementary School
  • Southwest Middle School
  • Dr. Phillips High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include insurance, maintenance structure, ground maintenance, private road
  • Steven Klosterman Association, Phone Number (407) 992-8808
  • Visit Association Website
  • Spring Bay Villas Condo Ph 02 Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Waterfront Community
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,823

Year Built

Built in 1984

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • HOA Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Private Road
  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Construction Materials: Brick
  • Fireplace: Yes
  • Living Area: 1650
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 1984
  • Lot Size Sq Ft: 7596
  • Directions to Property: Driving N from Sand Lake Rd on Dr. Phillips, turn R on Wallace Rd, turn R on Sunbeam Ave. Turn L on Spring Bay Cove, home on R.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5948241?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5948241?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.94925
  • Price per Sq Ft: 192.73
  • Close to Original List Price Ratio: 0.94925
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Concrete, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Solid Wood Cabinets, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Two
  • Street Number Modifier: 7638
  • Room Count: 3
  • Additional Rooms: Bonus Room, Loft

Exterior Features

  • Direction Faces: North
  • Exterior Features: Sliding Doors
  • Roof: Metal
  • Pool Private: No
  • Road Frontage Type: Street Dead-End, Private Road
  • View: Water
  • Water Body Name: Spring Lake
  • Waterfront: No
  • Road Surface Type: Paved, Asphalt
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community, Pool, Waterfront
  • Association Fee: 550
  • Association Fee Frequency: Monthly
  • Association Name: Steven Klosterman
  • Phone: 407-992-8808
  • Association: Yes
  • Senior Community: No
  • Association Website: http://www.srkresidentialcommunities.com/
  • Association Email: stephen@srkresidentialcommunities.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 6600
  • Monthly HOA Fee: 550
  • Total Monthly Fees: 550

Schools

  • Elementary School: Dr. Phillips Elem
  • High School: Dr. Phillips High
  • Middle Or Junior School: Southwest Middle

Lot Info

  • Zoning: R-3
  • Parcel Number: 26-23-28-8429-00-020
  • Additional Parcels: No
  • Lot Features: In County
  • Flood Zone Code: x

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 7 Months
  • Pet Restrictions: Contact HOA
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Contact HOA

Tax Info

  • Tax Annual Amount: 1822.88
  • Tax Block: 00/00
  • Tax Book Number: 10-16
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Jul 22, 2021
Sold by
Spielvogel Mary
Bought by
Yin Danling
Seller's Agent
Joseph Newstreet
EXP REALTY LLC
Buyer's Agent
Xiao Pang
BLUE CHIP INTERNATIONAL REALTY LLC
List Price
$335,000
Sold Price
$318,000
Premium/Discount to List
-$17,000
-5.07%
Current Estimated Value
$390,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,504
Avg. Annual Appreciation
6.59%

Purchase Details

Closed on
Aug 26, 2003
Sold by
Kunicki Lizete De Mello and Kunicki Frank
Bought by
Spielvogel Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2002
Sold by
Lizete Demello I
Bought by
Kunicki Lizete D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 1997
Sold by
Kunicki Frank
Bought by
Mello Rua D and Mello Maria A D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,400
Interest Rate
7.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 1997
Sold by
Shaikh Terry M
Bought by
Demello Lizete and Demello Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,400
Interest Rate
7.39%
Mortgage Type
New Conventional
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
Yin Danling $318,000 Attorney
Spielvogel Mary E $188,000 --
Kunicki Lizete D -- --
Mello Rua D $100 --
Demello Lizete $129,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spielvogel Michael R $66,000
Previous Owner Spielvogel Mary E $140,000
Previous Owner Demello Lizete $48,000
Previous Owner Demello Lizete $117,000
Previous Owner Demello Lizete $97,400
Previous Owner Demello Lizete $97,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $318,000 -5.1% $193 / Sq Ft
07/06/2021 07/06/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $335,000 0.0% $203 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $335,000 -- $203 / 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 $3,733 $271,100 -- $271,100
2024 $3,589 $271,100 -- $271,100
2023 $3,589 $271,100 $54,220 $216,880
2022 $3,600 $271,100 $54,220 $216,880
2021 $1,917 $160,298 $0 $0
2020 $1,823 $158,085 $0 $0
2019 $1,876 $154,531 $0 $0
2018 $1,855 $151,650 $0 $0
2017 $1,826 $202,400 $40,480 $161,920
2016 $1,818 $193,700 $38,740 $154,960
2015 $1,852 $170,300 $34,060 $136,240
2014 $1,865 $170,300 $34,060 $136,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5948241

Stellar MLS

APN: 26-2328-8429-00-020