NOT LISTED FOR SALE

Estimated Value: $1,150,515 - $1,287,000

5 Beds
4.5 Baths
3,921 Sq Ft
$314/Sq Ft Est. Value

Last Sold October 29, 2019

Last sale price $690,000 $176 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $7,904/month

121 Days on Market

Highlights

  • Screened Pool
  • Home Theater
  • Open Floorplan
  • Dr. Phillips High School Rated A-
  • Gated Community
  • Contemporary Architecture

About This Home

As of October 2019

Stunning estate home in the Dr. Phillips community of Palm Lake. Impressive upon arrival-meticulously manicured lawn w/elaborate landscaping, paver driveway & front walkway. Tile roof w/two balconies add to the elegant facade. Step inside to the WOW factor-open formal living/dining space with extraordinary design elements-tray ceilings, crown molding, & flooring w/granite border inlays. Private office off entry has spectacular built-in wood cabinetry. Gourmet kitchen boasts gas cooktop range, built-in oven and micro, island w/prep sink & breakfast bar. You'll love the eat-in nook w/its mitered glass window overlooking the pool. Spacious but cozy family room features built-in entertainment center w/gas fireplace and room for electronics and decor. Telescoping sliding glass doors to the covered patio/pool deck help bring the outside in. Superb master suite-huge bedroom w/direct access to pool deck, two walk-in closets and oversized contemporary bath w/two vanities, step-in shower and jetted tub. Remarkable second floor layout-bonus room w/ensuite bath & wet bar (could be BR 5), home theater w/wet bar, and 2 roomy bedrooms that share Jack 'n Jill bath. Out back you'll enjoy a pristine pool w/waterfall feature, outdoor kitchen w/snack bar, and two separate covered areas suitable for relaxing and dining. Palm Lake is a secure, gated community in an excellent school district, minutes from fabulous shopping/dining venues in the Dr. Phillips area. This home SHINES on all fronts. Come see all that it has to offer.

Last Agent to Sell the Property

Chris Bessette

KELLER WILLIAMS CLASSIC License #3175429 Listed on: 05/09/2019

KELLER WILLIAMS CLASSIC

Last Buyer's Agent

Melinda Weprin

EXP REALTY LLC License #3386569

EXP REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,158

Year Built

  • Built in 2000

Lot Details

  • 0.34 Acre Lot
  • North Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Property is zoned R-1AA

HOA Fees

  • $138 Monthly HOA Fees

Parking

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

Home Design

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

Interior Spaces

  • 3,921 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Tray Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Shutters
  • Blinds
  • French Doors
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room
  • Home Theater
  • Bonus Room
  • Inside Utility
  • Laundry Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Travertine

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet

Pool

  • Screened Pool
  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include private road
  • Palm Lake HOA
  • Visit Association Website
  • Palm Lake Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,158

Year Built

Built in 2000

Lot Details

0

HOA Fees

$138 per month

Parking

3

Listing Details

  • HOA Fee Includes: Private Road
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Spanish/Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 3921
  • Lot Size Acres: 0.34
  • New Construction: No
  • Year Built: 2000
  • Building Area Total: 5965
  • Lot Size Sq Ft: 14607
  • Directions to Property: From Sand Lake Rd. and Apopka Vineland Rd., head NORTH on Apopka Vineland to RIGHT on Palm Lake Dr. to LEFT into Palm Lake subdivision. Once through gate, turn RIGHT. Home on LEFT.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5782089&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5782089&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.94521
  • Price per Sq Ft: 175.98
  • Close to Original List Price Ratio: 0.94521
  • Ratio: Current Price\Building Area Total: 115.67
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Appraiser
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Family Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Travertine, Hardwood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Skylight(s), Split Bedroom, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Yn: No
  • Window Features: Blinds, Shutters
  • Street Number Modifier: 8660
  • Room Count: 13
  • Additional Rooms: Bonus Room, Family Room, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility, Media Room
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Direction Faces: North
  • Pool Features: In Ground, Screen Enclosure
  • Exterior Features: Balcony, French Doors, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12095C0385F
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Public, Street Lights, Underground Utilities
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Natural Gas
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • 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: 1650
  • Association Fee Frequency: Annually
  • Association Name: Palm Lake HOA
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association Website: palmlakehoa.org
  • Association Email: palmlakehomeownersassoc@gmail.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 1650
  • Monthly HOA Fee: 137.5
  • Total Monthly Fees: 137.5

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: 22-23-28-6529-00-320
  • Additional Parcels: No
  • Lot Features: Sidewalk
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Approval Process: Confirm any pre-approval requirements w/HOA.
  • Pet Restrictions: Verify w/HOA.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Verify restrictions w/HOA.

Tax Info

  • Tax Annual Amount: 8158
  • Tax Block: 00
  • Tax Book Number: 33-83
  • Tax Lot: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2021
Sold by
Ellis Benjamin F
Bought by
Ellis Benjamin F and Baldez Letitia Ann
Current Estimated Value
$1,264,012

Purchase Details

Listed on
May 9, 2019
Closed on
Oct 29, 2019
Sold by
Mccloskey Adrian and Mccloskey Anna
Bought by
Ellis Benjamin F
Seller's Agent
Chris Bessette
KELLER WILLIAMS CLASSIC
Buyer's Agent
Melinda Weprin
EXP REALTY LLC
List Price
$730,000
Sold Price
$690,000
Premium/Discount to List
-$40,000
-5.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.55%
Original Mortgage
$207,001
Outstanding Balance
$184,018
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$1,115,166

Purchase Details

Closed on
Apr 8, 2008
Sold by
Mccloskey Adrian and Mccloskey Anna
Bought by
Mccloskey Adrian and Mccloskey Anna

Purchase Details

Closed on
Jul 30, 2002
Sold by
Bradley P Brewer M and Brewer M Wanda W
Bought by
Mccloskey Adrian and Mccloskey Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2000
Sold by
Raad Mat T and Raad Carolyn M
Bought by
Brewer Bradley P and Brewer Wanda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,500
Interest Rate
7.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 13, 2000
Sold by
Rottlund Homes Of Florida Inc
Bought by
Raad Mat T and Raad Carolyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,663
Interest Rate
7.88%
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
Ellis Benjamin F -- Accommodation
Ellis Benjamin F $690,000 Attorney
Mccloskey Adrian -- Attorney
Mccloskey Adrian $550,000 --
Brewer Bradley P $500,000 --
Raad Mat T $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellis Benjamin F $207,001
Previous Owner Raad Mat T $440,000
Previous Owner Raad Mat T $50,500
Previous Owner Raad Mat T $354,663
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2019 10/29/19 Sold $690,000 -5.5% $176 / Sq Ft
09/07/2019 09/07/19 Pending -- -- --
06/17/2019 06/17/19 For Sale $730,000 0.0% $186 / Sq Ft
06/11/2019 06/11/19 Pending -- -- --
05/09/2019 05/09/19 For Sale $730,000 -- $186 / 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 $10,154 $674,096 -- --
2024 $9,461 $674,096 -- --
2023 $9,461 $636,017 $0 $0
2022 $9,238 $617,492 $0 $0
2021 $9,121 $599,507 $125,000 $474,507
2020 $8,890 $603,883 $125,000 $478,883
2019 $8,218 $530,736 $0 $0
2018 $8,158 $520,840 $0 $0
2017 $8,062 $586,498 $125,000 $461,498
2016 $8,039 $574,380 $125,000 $449,380
2015 $8,182 $538,486 $93,000 $445,486
2014 $8,281 $492,224 $93,000 $399,224
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5782089

Stellar MLS

APN: 22-2328-6529-00-320