NOT LISTED FOR SALE

Estimated Value: $1,184,237 - $1,397,000

5 Beds
4 Baths
4,249 Sq Ft
$308/Sq Ft Est. Value

Last Sold April 28, 2014

Last sale price $505,000 $119 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $7,945/month

207 Days on Market

Highlights

  • Oak Trees
  • Indoor Pool
  • Deck
  • Dr. Phillips High School Rated A-
  • Gated Community
  • Private Lot

About This Home

As of April 2014

Short Sale; This custom built home is located in Palm Lake a highly desirable gated community in Dr. Phillip's. The open and airy floor plan with soaring ceilings makes this a great home for entertaining and large family gatherings. Elegant dining room features tray ceilings with recessed lighting and plenty of space for your formal settings. Kitchen offers a center island, abundant storage space, glass front cabinets, breakfast bar, adjoining breakfast nook and opens to the family room. Spacious family room features high ceilings, gas fireplace along with French doors leading out to the covered lanai. The large master suite is located on the main level offering his and hers walk-in closets and French doors which opens out to the pool area. Master bath offers dual vanities huge Jacuzzi jetted tub and a separate shower. Office/den with double doors, full bath and laundry room are located on the main level. This home also features a game/entertainment room located on the second level. Enjoy the oversized screened enclosed pool area centered around the outdoor bar. With your personal touches and a few updates will make this a dream home. Premier location just minutes from restaurant row, shopping, major highways and attractions.

Last Agent to Sell the Property

Cedrick Williams

MAGNUS REALTY GROUP LLC License #3054866 Listed on: 05/15/2013

Last Buyer's Agent

Rochelle Rene

LPT REALTY, LLC License #3251316

LPT REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,289

Year Built

  • Built in 1995

Lot Details

  • 0.33 Acre Lot
  • North Facing Home
  • Mature Landscaping
  • Private Lot
  • Level Lot
  • Irrigation
  • Oak Trees
  • Property is zoned R-1AA

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Rear-Facing Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Florida Architecture
  • Bi-Level Home
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,249 Sq Ft Home
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • French Doors
  • Entrance Foyer
  • Family Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Den
  • Inside Utility
  • Attic

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms

Home Security

  • Security System Owned
  • Intercom
  • Fire and Smoke Detector

Pool

  • Indoor Pool
  • Screened Pool
  • Spa
  • Fence Around Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Deck
  • Enclosed patio or porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 22-23-28-6529-00-030

Community Details

Overview

  • Palm Lake Subdivision
  • The community has rules related to deed restrictions, fencing

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,289

Year Built

Built in 1995

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 4249
  • Lot Size Acres: 0.33
  • New Construction: No
  • Year Built: 1995
  • Lot Size Sq Ft: 14519
  • Directions to Property: Apopka Vineland, right on Palm Lake Dr, Left at Crestgate Circle, (Palm Lake) Turn right, Home on the Right.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1053492
  • RATIO Current Price By Calculate: 118.85
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Tax Year: 2013
  • Special Features: 4108

Interior Features

  • Fireplace Features: Gas
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 4
  • Interior Amenities: Attic, Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Intercom, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Appliances Included: Dishwasher, Disposal, Exhaust Fan, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Yn: Yes
  • Window Features: Blinds
  • Street Number Modifier: 8613
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Attic,Den/Library/Office,Family Room,Formal Dining Room Separate,Formal Living Room Separate,Foyer,Inside Utility
  • Room Count: 10

Exterior Features

  • Direction Faces: North
  • Other Structures: Outdoor Kitchen
  • Pool Features: Indoor, Screen Enclosure
  • Exterior Features: French Doors, Balcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Deck, Enclosed, Patio, Porch, Screened
  • Water Extras YN: 0
  • Water View YN: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Garage Faces Rear, Garage Faces Side

Utilities

  • Utilities: Cable Available, Cable Connected, Fire Hydrant, Gas, Public, Sprinkler Meter, Street Lights, Underground Utilities
  • Cooling: Zoned
  • Heating: Zoned
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated
  • Association Amenities: Fence Restrictions, Gated
  • Association Fee: 100
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Gated Community, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1200.00
  • Total Monthly Fees: 100.00

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: 22-23-28-6529-00-030
  • Additional Parcels: No
  • Lot Features: In County, Level, Sidewalk, Paved, Private
  • Homestead YN: 1
  • Future Land Use: 0100

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2014-04-28T00:00:00.000

Tax Info

  • Tax Annual Amount: 8289
  • Tax Block: 00
  • Tax Book Number: 0033/0083

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2013
Closed on
Apr 16, 2014
Sold by
Kenoly Ronald E and Kenoly Tavita
Bought by
Rene Robert B and Rene Renita A
Seller's Agent
Cedrick Williams
MAGNUS REALTY GROUP LLC
Buyer's Agent
Rochelle Rene
LPT REALTY, LLC
List Price
$595,000
Sold Price
$505,000
Premium/Discount to List
-$90,000
-15.13%
Current Estimated Value
$1,270,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$765,522
Avg. Annual Appreciation
8.78%
Original Mortgage
$160,000
Outstanding Balance
$138,943
Interest Rate
8.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,168,468

Purchase Details

Closed on
Feb 12, 2008
Sold by
Florentes Inc
Bought by
C R N Llc

Purchase Details

Closed on
Jul 13, 1999
Sold by
Suntrust Bank
Bought by
Kenoly Ronald K and Kenoly Tavita

Purchase Details

Closed on
Apr 27, 1999
Sold by
Mcgowan Johnny B
Bought by
Suntrust Bank Central Florida Natio

Purchase Details

Closed on
Sep 22, 1995
Sold by
Curtis Group Inc
Bought by
Mcgowan Johnny B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
7.93%

Purchase Details

Closed on
Dec 7, 1994
Sold by
Paul Curtis Realty Inc
Bought by
Curtis Group Inc
Source: Public Records

Range of Values:

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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
Rene Robert B $505,000 A Plus Premier Title Llc
C R N Llc -- None Available
Kenoly Ronald K $485,000 --
Suntrust Bank Central Florida Natio $417,300 --
Mcgowan Johnny B $535,000 --
Curtis Group Inc $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclaren Gary H $29,200
Open Rene Robert B $160,000
Previous Owner Kenoly Ronald K $270,000
Previous Owner Kenoly Ronald K $250,000
Previous Owner Kenoly Ronald K $150,000
Previous Owner Mcgowan Johnny B $428,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2014 07/30/14 Off Market $505,000 -- --
04/28/2014 04/28/14 Sold $505,000 -3.4% $119 / Sq Ft
01/05/2014 01/05/14 Price Changed $523,000 -4.7% $123 / Sq Ft
12/09/2013 12/09/13 Pending -- -- --
10/11/2013 10/11/13 Price Changed $549,000 -7.7% $129 / Sq Ft
07/01/2013 07/01/13 For Sale $595,000 0.0% $140 / Sq Ft
05/18/2013 05/18/13 Pending -- -- --
05/15/2013 05/15/13 For Sale $595,000 -- $140 / 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 $10,651 $700,628 -- --
2024 $9,927 $700,628 -- --
2023 $9,927 $661,050 $0 $0
2022 $9,624 $641,796 $0 $0
2021 $9,503 $623,103 $125,000 $498,103
2020 $9,265 $627,784 $125,000 $502,784
2019 $9,789 $627,465 $125,000 $502,465
2018 $9,725 $616,109 $125,000 $491,109
2017 $9,639 $605,033 $125,000 $480,033
2016 $9,617 $592,483 $125,000 $467,483
2015 $9,972 $560,606 $93,000 $467,606
2014 $8,335 $495,251 $93,000 $402,251
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5159968

Stellar MLS

APN: 22-2328-6529-00-030