NOT LISTED FOR SALE

8859 Cypress Reserve Cir Orlando, FL 32836

Bay Hill Neighborhood

Estimated Value: $1,981,000 - $2,300,000

6 Beds
6.5 Baths
6,826 Sq Ft
$309/Sq Ft Est. Value

Last Sold June 17, 2021

Last sale price $1,365,000 $200 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $13,304/month

3 Days on Market

Highlights

  • Home Theater
  • Heated In Ground Pool
  • Gated Community
  • Bay Meadows Elementary School Rated A-
  • Custom Home
  • Deck

About This Home

As of June 2021

This Elegant European Architectural Style Custom Estate is beautifully sited on a spacious home-site in gated Reserve at Cypress Point in Dr Phillips. Upon entering, natural light from the broad front windows visually link the formal areas to showcase an elegant wrought iron hand crafted staircase in the foyer. An intricate chandelier centers the magnificent two-story space. Defined by archways the living and dining rooms are beautifully detailed featuring wood beamed ceilings. The office/study is just off the entry offering privacy. The gourmet kitchen is a spacious setting for casual meals at the bar. The center working island offers convenience complete with exotic granite countertops, glazed maple custom cabinetry, walk in pantry, porcelain tile flooring, and stainless appliances. The family areas are bathed in natural light and open to the sparkling resort style pool and spa finished with brick pavers and offering a convenient summer kitchen. A perfect retreat the master suite captures prime views and permits access to outdoors through French doors. Double walk in closets, garden tub, large shower, and his and hers vanities highlight the master bath. Upstairs two game/flex rooms offer space to entertain family and friends. The secondary bedrooms are large and perfect for growing families. An upper rear deck is expansive and overlooks pool and stunning rear yard.

Last Agent to Sell the Property

Matt Tomaszewski

CORCORAN PREMIER REALTY License #3014560 Listed on: 05/06/2021

CORCORAN PREMIER REALTY

Co-Listed By

Steve Healy

CORCORAN PREMIER REALTY License #3031216

Last Buyer's Agent

Ivan Tobon

OUTLET REALTY License #3064572

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $245

Year Built

  • Built in 2003

Lot Details

  • 0.58 Acre Lot
  • Northeast Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Level Lot
  • Irrigation
  • Landscaped with Trees
  • Property is zoned P-D

HOA Fees

  • $142 Monthly HOA Fees

Parking

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

Home Design

  • Custom Home
  • Spanish Architecture
  • Bi-Level Home
  • Slab Foundation
  • Stem Wall Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 6,826 Sq Ft Home
  • Built-In Features
  • Bar Fridge
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • French Doors
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Loft
  • Bonus Room
  • Storage Room
  • Laundry in unit
  • Ceramic Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Gunite Pool
  • Outside Bathroom Access

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Underground Utilities
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • The Reserve At Cypress Pointe/ Kristi Finn Association, Phone Number (703) 344-1981
  • Reserve At Cypress Point Ph 02 47/46 Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$245

Year Built

Built in 2003

Lot Details

0

HOA Fees

$142 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom, Spanish/Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 6826
  • Lot Size Acres: 0.58
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 9865
  • Lot Size Sq Ft: 25070
  • Directions to Property: Apopka vineland to Point Cypress Dr, make right into Reserve at Cypress Point then left through the gate, home is on the left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5941694?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5941694?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.99345
  • Price per Sq Ft: 199.97
  • Close to Original List Price Ratio: 0.99345
  • Ratio: Current Price\Building Area Total: 138.37
  • View: No
  • Co List Office Mls Id: 261010505
  • Co List Office Phone: 407-965-1155
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Master Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Convection Oven, Dishwasher, Disposal, Exhaust Fan, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Wine Refrigerator
  • Foundation Details: Slab, Stem Wall
  • Total Bedrooms: 6
  • Levels: Two
  • Spa Features: Heated
  • Spa Yn: Yes
  • Window Features: Blinds, Thermal Windows, Window Treatments
  • Street Number Modifier: 8859
  • Room Count: 13
  • Additional Rooms: Bonus Room, Den/Library/Office, Family Room, Formal Dining Room Separate, Formal Living Room Separate, Loft, Media Room, Storage Rooms

Exterior Features

  • Direction Faces: Northeast
  • Pool Features: Gunite, Heated, In Ground, Other, Outside Bath Access
  • Exterior Features: Balcony, French Doors, Irrigation System, Outdoor Grill, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12095C0385F

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sprinkler Meter, Street Lights, Underground Utilities
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Heat Pump, Propane, Zoned
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Gated Community
  • Association Amenities: Gated
  • Association Fee: 1700
  • Association Fee Frequency: Annually
  • Association Name: The Reserve at Cypress Pointe/ Kristi Finn
  • Phone: 703-344-1981
  • Association: Yes
  • Security: Gated Community, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1700
  • Monthly HOA Fee: 141.67
  • Total Monthly Fees: 141.67

Lot Info

  • Zoning: P-D
  • Parcel Number: 34-23-28-7372-00-610
  • Additional Parcels: No
  • Lot Features: In County, Level, Oversized Lot, Sidewalk
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25

Rental Info

  • Pets Allowed: Yes
  • Pet Restrictions: per hoa

Tax Info

  • Tax Annual Amount: 245
  • Tax Block: 0
  • Tax Book Number: 0
  • Tax Lot: 61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Jun 17, 2021
Sold by
Treen Ben Marcus and Treen Marilyn
Bought by
Sheela Harinath and Sheela Stephanie
Seller's Agent
Matt Tomaszewski
CORCORAN PREMIER REALTY
Buyer's Agent
Ivan Tobon
OUTLET REALTY
List Price
$1,374,000
Sold Price
$1,365,000
Premium/Discount to List
-$9,000
-0.66%
Current Estimated Value
$2,111,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$746,696
Avg. Annual Appreciation
10.87%
Original Mortgage
$1,092,000
Outstanding Balance
$990,821
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,120,875

Purchase Details

Listed on
Sep 21, 2020
Closed on
Nov 9, 2020
Sold by
Wimbish Calvin B and Wimbish Chong S
Bought by
Treen Ben Marcus and Treen Marilyn
Seller's Agent
Christopher Christensen
COMPASS FLORIDA LLC
Buyer's Agent
Jannette Pena
JMP REALTY, INC.
List Price
$1,395,000
Sold Price
$1,279,240
Premium/Discount to List
-$115,760
-8.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.42%
Original Mortgage
$879,240
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2015
Sold by
Nejame Mark E and 888 Llc
Bought by
Wimbish Calvin B and Wimbish Chong S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 13, 2014
Sold by
County Of Orange
Bought by
Nejame Mark E and 888 Llc
Source: Public Records

Range of Values:

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Average Value
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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
Sheela Harinath $1,365,000 Premier Title Ins Co Llc
Treen Ben Marcus $1,279,300 Network Closing Services Inc
Wimbish Calvin B $1,125,000 Penfed Title Llc
Nejame Mark E $671,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheela Harinath $1,092,000
Previous Owner Treen Ben Marcus $879,240
Previous Owner Wimbish Calvin B $750,000
Previous Owner Ortiz Olga Teresa Tanon $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2021 06/17/21 Sold $1,365,000 -0.7% $200 / Sq Ft
05/09/2021 05/09/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $1,374,000 +7.4% $201 / Sq Ft
11/10/2020 11/10/20 Sold $1,279,240 -8.3% $187 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $1,395,000 -- $204 / 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 $20,938 $1,335,888 -- --
2024 $19,529 $1,335,888 -- --
2023 $19,529 $1,260,426 $0 $0
2022 $18,969 $1,223,715 $200,000 $1,023,715
2021 $16,971 $1,077,838 $175,000 $902,838
2020 $235 $976,932 $0 $0
2019 $230 $954,968 $0 $0
2018 $230 $937,162 $0 $0
2017 $14,981 $968,831 $155,000 $813,831
2016 $14,956 $950,620 $155,000 $795,620
2015 $16,577 $926,144 $110,000 $816,144
2014 $19,965 $1,098,011 $105,000 $993,011
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5941694

Stellar MLS

APN: 34-2328-7372-00-610