NOT LISTED FOR SALE

8263 Cypress Trace Blvd Lakeland, FL 33809

Estimated Value: $1,351,948 - $1,486,000

4 Beds
6 Baths
5,552 Sq Ft
$256/Sq Ft Est. Value

Last Sold November 19, 2019

Last sale price $950,000 $171 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $8,585/month

80 Days on Market

Highlights

  • Screened Pool
  • Sauna
  • View of Trees or Woods
  • Lincoln Avenue Academy Rated A-
  • Gated Community
  • Open Floorplan

About This Home

As of November 2019

Masterful custom craftsmanship is uniquely embodied in this 4BR/6BA Mediterranean home that boasts both Spanish and Italian design. Featuring handcrafted wainscoting, coffered ceilings, triple step crown molding, exotic wood, marble, travertine and chiseled tile flooring throughout, this home is a true masterwork. Enter the foyer through the double Cantera wrought iron doors to view the 16’ Venetian plaster dome ceiling, grand arches and stone cast columns. The master suite with Brazilian cherry wood floors and triple step crown molding with faux tin-tile ceiling accents a two-way gas fireplace shared with the heated and raised spa overflowing into the pool. The master bath offers a dual head steam shower, jetted acrylic tub, bidet, large double vanity with Decora cabinets, granite countertops, and large walk-in closet. The study features round top solid Mahogany doors, American walnut wainscot, and ceiling-high bookcases creating the perfect office. The gourmet kitchen with an adjoining nook features Decora cabinets, granite countertops, a large island, GE Monogram Stainless Steel appliances including a 42 in. side-by-side Refrigerator built-in Convection oven with Advantium Microwave and a 5 burner gas cooktop. Relax outdoors with friends and family in the custom-built heated pool and spa with fireplace, including a sun ledge and swim-up bar with two seats and complete outdoor kitchen. To take a virtual tour of this home, room by room click on the Tour icon to the top left of the toolbar above.

Last Agent to Sell the Property

Felicia Gaffney

XCELLENCE REALTY, INC License #3294582 Listed on: 07/12/2019

XCELLENCE REALTY, INC

Last Buyer's Agent

Rakhee Shahdadpuri

MAHARAJA REALTY LLC License #3176606

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,910

Year Built

  • Built in 2009

Lot Details

  • 0.71 Acre Lot
  • West Facing Home
  • Fenced
  • Mature Landscaping

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Insulated Concrete Forms
  • Tile Roof
  • Block Exterior
  • Stone Siding
  • Stucco

Interior Spaces

  • 5,552 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar Fridge
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Low Emissivity Windows
  • Insulated Windows
  • Window Treatments
  • French Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Inside Utility
  • Sauna
  • Views of Woods
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Brick
  • Marble
  • Tile
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Well Sprinkler System

Pool

  • Screened Pool
  • Heated Spa
  • Gunite Pool
  • Saltwater Pool
  • Fence Around Pool
  • Outside Bathroom Access
  • Auto Pool Cleaner
  • Pool Lighting

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop

Schools

  • Wendell Watson Elementary School
  • Lake Gibson Middle/Junio School
  • Lake Gibson High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heating System Uses Propane
  • Thermostat
  • Underground Utilities
  • Tankless Water Heater
  • Gas Water Heater
  • Aerobic Septic System
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, insurance, maintenance repairs
  • Carlos Borrero Association, Phone Number (352) 243-4595
  • Estates At Cypress Trace Subdivision
  • The community has rules related to deed restrictions

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,910

Year Built

Built in 2009

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • HOA Fee Includes: Common Area Taxes, Insurance, Maintenance Repairs
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Block, ICFs (Insulated Concrete Forms), Stone, Stucco
  • Fireplace: Yes
  • Living Area: 5552
  • Lot Size Acres: 0.71
  • New Construction: No
  • Year Built: 2009
  • Building Area Total: 7994
  • Lot Size Sq Ft: 30928
  • Directions to Property: I-4 Exit Noth on State Road 33 and go left on Tomkow Rd., Left on Old Polk City Rd., travel 1 mile and Estates At Cypress Trace is on the left, home is 0.4 mi on the left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/P4906718?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/P4906718?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.95477
  • Price per Sq Ft: 171.11
  • Close to Original List Price Ratio: 0.95477
  • Ratio: Current Price\Building Area Total: 118.84
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Family Room, Master Bedroom, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Brick/Stone, Marble, Tile, Travertine, Hardwood
  • Full Bathrooms: 6
  • Interior Amenities: Built in Features, Cathedral Ceiling(s), Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Sauna, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Ice Maker, Microwave, Other, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Insulated Windows, Low Emissivity Windows, Thermal Windows, Window Treatments
  • Street Number Modifier: 8263
  • Room Count: 14
  • Additional Rooms: Attic, Bonus Room, Breakfast Room Separate, Den/Library/Office, Family Room, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: West
  • Other Structures: Workshop
  • Pool Features: Auto Cleaner, Gunite, Heated, Lighting, Other, Outside Bath Access, Salt Water, Screen Enclosure
  • Exterior Features: Fenced, French Doors, Irrigation System
  • Roof: Tile
  • Pool Private: Yes
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Screened
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12105C0170G

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Side, Oversized
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Sprinkler Meter, Sprinkler Well, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Electric, Natural Gas, Propane
  • Laundry Features: Inside, Laundry Room
  • Sewer: Aerobic Septic
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community
  • Association Amenities: Gated
  • Association Fee: 1200
  • Association Fee Frequency: Annually
  • Association Name: Carlos Borrero
  • Phone: 1-352-243-4595
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1200
  • Monthly HOA Fee: 100
  • Total Monthly Fees: 100

Schools

  • Elementary School: Wendell Watson Elem
  • High School: Lake Gibson High
  • Middle Or Junior School: Lake Gibson Middle/Junio

Lot Info

  • Parcel Number: 24-27-09-161020-000270
  • Additional Parcels: No
  • Lot Features: In County
  • Flood Zone Code: X
  • Flood Zone Date: 2016-12-22
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Drip Irrigation

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 10910
  • Tax Book Number: 144-15-17
  • Tax Lot: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2019
Closed on
Nov 19, 2019
Sold by
Hinkley Ronald L and Drummond Cathy M
Bought by
Mistry Suryakant M and Mistry Smipa B
Seller's Agent
Felicia Gaffney
XCELLENCE REALTY, INC
Buyer's Agent
Rakhee Shahdadpuri
MAHARAJA REALTY LLC
List Price
$995,000
Sold Price
$950,000
Premium/Discount to List
-$45,000
-4.52%
Current Estimated Value
$1,421,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471,649
Avg. Annual Appreciation
7.05%
Original Mortgage
$807,500
Outstanding Balance
$682,380
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$739,269

Purchase Details

Closed on
Jun 4, 2009
Sold by
Hinkley Ronald L and Crummond Cathy M
Bought by
Hinkley Ronald L and Drummond Cathy M

Purchase Details

Closed on
May 2, 2007
Sold by
Sherwood Forest Llc
Bought by
Hinkley Ronald L

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
Interest Rate
6.75%
Mortgage Type
Unknown
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
Mistry Suryakant M $950,000 Attorney
Hinkley Ronald L -- Attorney
Hinkley Ronald L $135,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mistry Suryakant M $807,500
Previous Owner Hinkley Ronald L $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2019 11/19/19 Sold $950,000 -4.5% $171 / Sq Ft
09/28/2019 09/28/19 Pending -- -- --
07/10/2019 07/10/19 For Sale $995,000 -- $179 / 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 $11,277 $887,072 -- --
2024 $10,949 $862,072 -- --
2023 $10,949 $836,963 $0 $0
2022 $10,726 $812,585 $0 $0
2021 $10,844 $788,917 $0 $0
2020 $12,236 $844,191 $139,206 $704,985
2018 $11,300 $787,754 $0 $0
2017 $11,002 $771,551 $0 $0
2016 $10,960 $755,682 $0 $0
2015 $10,792 $750,429 $0 $0
2014 $2,659 $744,473 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: P4906718

Stellar MLS

APN: 24-27-09-161020-000270