Seller's Agent in 2019
Simon Simaan
THE SIMON SIMAAN GROUP
(407) 558-1396
19 in this area
167 Total Sales
8935 Bay Cove Ct Orlando, FL 32819
Bay Hill NeighborhoodEstimated Value: $4,202,755 - $6,706,000
5
Beds
7
Baths
6,112
Sq Ft
$875/Sq Ft
Est. Value
Highlights
- Boathouse
- 140 Feet of Waterfront
- Boat Dock
- Dr. Phillips Elementary School Rated A-
- Marina
- Beach View
About This Home
As of February 2019This exquisite Phil Kean contemporary home is located on Lake Tibet with 140 feet of shoreline complimented by a white sandy beach. Enjoy unobstructed lake views from your balcony cantilevered over the pool area. The combined exterior elements of natural stone, stucco, and ipe wood evoke the true architecture of a well-designed home. As you enter will appreciate the open floor plan flooded with natural light and inviting spaces. The kitchen is a chef’s dream with a portrait window overlooking the lake. Master bedroom suite has breathtaking sunset views of Lake Tibet, large walk in closets, dual vanities, roman tub, and a frameless glass Kohler electric shower operated by a touch pad. All of the spacious bedrooms are en-suites with walk in closets. The entire home took three years to build using the highest quality level 5 finishes which is shown in the craftsmanship and attention to detail throughout. Each bedroom is temperature controlled by ecobee which is tied into the home automation. The lighting system is controlled by a Crestron system that can be used in a tablet or cell phone. The entire house is wired with a Definitive Audio and a Marantz theater system with exquisite sound. Soak up the sun and relax by the large pool overlooking the 1,200 square foot enclosed grandfathered-in boat house. The boat house is fully insulated and covered with top quality pine slated boards. This extraordinary residence occupies a world of its own. There is only one word to describe this beautiful home…perfection.
Last Agent to Sell the Property
THE SIMON SIMAAN GROUP License #3265503 Listed on: 11/29/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,168
Year Built
- Built in 2017
Lot Details
- 0.77 Acre Lot
- 140 Feet of Waterfront
- Lake Front
- Property fronts a lake that is connected to a chain of lakes
- Private Beach
- South Facing Home
- Mature Landscaping
- Oversized Lot
- Irrigation
- Oak Trees
- Property is zoned R-1AA
HOA Fees
- $45 Monthly HOA Fees
Parking
- 4 Car Attached Garage
- Tandem Parking
Property Views
- Beach
- Chain Of Lake
- Golf Course
Home Design
- Contemporary Architecture
- Bi-Level Home
- Slab Foundation
- Membrane Roofing
- Block Exterior
- Stone Siding
- Stucco
Interior Spaces
- 6,112 Sq Ft Home
- Open Floorplan
- Bar Fridge
- High Ceiling
- Non-Wood Burning Fireplace
- Insulated Windows
- Sliding Doors
- Family Room Off Kitchen
- Home Theater
- Loft
- Bonus Room
- Storage Room
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Cooktop with Range Hood
- Microwave
- Dishwasher
- Solid Surface Countertops
- Solid Wood Cabinet
- Disposal
Flooring
- Wood
- Porcelain Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
- Closed Circuit Camera
- Fire and Smoke Detector
Pool
- Heated In Ground Pool
- Gunite Pool
Outdoor Features
- Access To Chain Of Lakes
- Access To Lake
- Minimum Wake Zone
- Water Skiing Allowed
- Boathouse
- Open Dock
- Balcony
- Covered Patio or Porch
- Outdoor Kitchen
- Exterior Lighting
- Outdoor Grill
- Rain Gutters
Location
- Property is near a golf course
Schools
- Dr. Phillips Elementary School
- Southwest Middle School
- Dr. Phillips High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Propane
- Tankless Water Heater
- Cable TV Available
Listing and Financial Details
- Homestead Exemption
- Visit Down Payment Resource Website
- Legal Lot and Block 104 / 1
- Assessor Parcel Number 28-23-28-0532-01-040
Community Details
Overview
- Association fees include manager
- Bay Hill Sec 04 Subdivision
- Rental Restrictions
Amenities
- Clubhouse
Recreation
- Boat Dock
- Marina
- Golf Course Community
- Community Playground
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 29, 2018
Closed on
Feb 11, 2019
Sold by
Miceli John J and Mcelwee Joni
Bought by
Mclean Joseph and The Monarch Trust
Seller's Agent
Simon Simaan
THE SIMON SIMAAN GROUP
Buyer's Agent
Erin Wanner
STOCKWORTH REALTY GROUP LLC
List Price
$3,500,000
Sold Price
$3,550,000
Premium/Discount to List
$50,000
1.43%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,797,439
Avg. Annual Appreciation
6.35%
Original Mortgage
$2,030,000
Interest Rate
3.2%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jun 23, 2005
Sold by
Luker Charlie Kirk
Bought by
Miceli John J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.58%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 12, 1997
Sold by
Luker Charlie K and Luker Marjorie J
Bought by
Luker Charlie K
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mclean Joseph | $3,550,000 | First American Title Ins Co | |
| Miceli John J | $1,225,000 | Fidelity National Title Ins | |
| Luker Charlie K | $100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Monarch Trust | $2,066,000 | |
| Closed | Mclean Joseph | $2,030,000 | |
| Previous Owner | Miceli John J | $600,000 | |
| Previous Owner | Miceli John J | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/11/2019 02/11/19 | Sold | $3,550,000 | +1.4% | $581 / Sq Ft |
| 12/14/2018 12/14/18 | Pending | -- | -- | -- |
| 11/29/2018 11/29/18 | For Sale | $3,500,000 | -- | $573 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $62,977 | $3,960,350 | $825,000 | $3,135,350 |
| 2024 | $60,169 | $3,815,930 | $825,000 | $2,990,930 |
| 2023 | $60,169 | $3,946,389 | $825,000 | $3,121,389 |
| 2022 | $53,380 | $3,362,229 | $725,000 | $2,637,229 |
| 2021 | $49,436 | $3,049,071 | $725,000 | $2,324,071 |
| 2020 | $48,106 | $3,065,948 | $725,000 | $2,340,948 |
| 2019 | $22,547 | $1,386,857 | $0 | $0 |
| 2018 | $13,152 | $808,231 | $0 | $0 |
| 2017 | $12,168 | $742,636 | $600,000 | $142,636 |
| 2016 | $12,978 | $737,666 | $600,000 | $137,666 |
| 2015 | $12,446 | $688,863 | $550,000 | $138,863 |
| 2014 | $16,986 | $928,375 | $515,000 | $413,375 |
Source: Public Records
Agents Affiliated with this Home
-
Simon Simaan
-
Erin Wanner
Buyer's Agent in 2019
Erin Wanner
STOCKWORTH REALTY GROUP LLC
(407) 595-5055
95 Total Sales
Map
Source: Stellar MLS
MLS Number: O5749287
APN: 28-2328-0532-01-040
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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