NOT LISTED FOR SALE

8975 Cypresswood Dr Lake Wales, FL 33898

Estimated Value: $343,478 - $359,000

5 Beds
2.5 Baths
1,856 Sq Ft
$190/Sq Ft Est. Value

Last Sold November 17, 2020

Last sale price $240,000 $129 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,023/month

17 Days on Market

Highlights

  • Waterfront Community
  • Oak Trees
  • Deck
  • Water Access
  • Fishing
  • Wood Flooring

About This Home

As of November 2020

Immaculate condition split plan with a large family room and separate living room with inside laundry. Featuring 5 bedrooms and 2.5 baths at 1856 square feet of living area, this home sits on over 1/2 acre beautifully well maintained lot with plenty of room to play! In 2017, the following improvements were made including: a new architectural shingle roof, a new 3.5 ton 15 seer A/C and all the windows where replaced with energy efficient thermal low emissivity windows, the electric bill on this home averages below $150 month. This home has been extremely well maintained and includes hard wood, tile, carpet and laminate flooring. Has a large 20 x 30 paver patio combined with an end wooden deck coupled and a 25 x 12 screened enclosed porch. This area is a fantastic outdoor gathering place for your entire family, friends and BBQ. The addition that was professionally added onto this home incorporates 2 bedrooms a bath with a very large family room at 23 x 13 and could be converted into an in-law suite. The family room also exits into the screened enclosed porch and out to the paver patio. Beautifully landscaped, you will appreciate the curb appeal this home showcases and you will not find a better-cleaner buy on today’s market! Call today and come see this incredibly beautiful home!

Last Agent to Sell the Property

Barry Macchione

REMAX EXPERTS License #652327 Listed on: 10/12/2020

Last Buyer's Agent

Cheryn Ramjatan

LA ROSA REALTY SUCCESS LLC License #3386987

LA ROSA REALTY SUCCESS LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $839

Year Built

  • Built in 2000

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 125x180
  • South Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Level Lot
  • Well Sprinkler System
  • Oak Trees
  • Property is zoned PUD

HOA Fees

  • $14 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Planned Development
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,856 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Sliding Doors
  • Family Room
  • Combination Dining and Living Room
  • Inside Utility
  • Walk-Up Access
  • Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows with Low Emissivity

Outdoor Features

  • Water Access
  • Water Skiing Allowed
  • Private Lake Dues Required
  • Deck
  • Enclosed Patio or Porch
  • Shed

Schools

  • Spook Hill Elementary School
  • Mclaughlin Middle School
  • Frostproof Middle - Senior High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Walk In Water Lake Estates Phase Iii Subdivision

Recreation

  • Waterfront Community
  • Tennis Courts
  • Fishing
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$839

Year Built

Built in 2000

Lot Details

0

HOA Fees

$14 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1856
  • Lot Size Acres: 0.52
  • New Construction: No
  • Year Built: 2000
  • Building Area Total: 2451
  • Lot Size Sq Ft: 22500
  • Directions to Property: From Lake Wales: State Rd 60 Eastbound, (R) Walk-in-Water Rd, (L) Cypresswood Drive to address on left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/P4912907?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/P4912907?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Subdivision Num: 992880
  • Property Description: Walk-Up
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.96038
  • Price per Sq Ft: 129.31
  • Close to Original List Price Ratio: 0.96038
  • Ratio: Current Price\Building Area Total: 97.92
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: One
  • Stories: 1
  • Window Features: Blinds, Low Emissivity Windows, Thermal Windows
  • Street Number Modifier: 8975
  • Room Count: 10
  • Additional Rooms: Attic, Family Room, Inside Utility

Exterior Features

  • Direction Faces: South
  • Other Structures: Shed(s)
  • Exterior Features: Irrigation System, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Water Body Name: Lake-Walk-In-Water
  • Waterfront: No
  • Patio and Porch Features: Deck, Enclosed, Front Porch, Patio, Rear Porch, Screened
  • Road Surface Type: Paved, Asphalt
  • Water Extras: Private Lake Dues Required, Skiing Allowed
  • Water View Y N: No
  • Number Of Wells: 1
  • Water Access Y N: No
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12105C0755G
  • Additional Water Information: Boat ramp access only with optional HOA dues payment.

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Sprinkler Well, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Public
  • Number Of Septics: 1
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fishing, Park, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Park
  • Association Fee: 165
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Security System, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Amenities Additional Fees: To use the Walk-In-Water Lake Estates community amenities you must pay the annual optional HOA fees.
  • Association Fee Requirement: Optional
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 165
  • Monthly HOA Fee: 13.75
  • Total Monthly Fees: 13.75

Schools

  • Elementary School: Spook Hill Elem
  • High School: Frostproof Middle - Senior High
  • Middle Or Junior School: Mclaughlin Middle

Lot Info

  • Zoning: PUD
  • Parcel Number: 29-30-29-992880-011100
  • Additional Parcels: No
  • Lot Features: In County, Level, Oversized Lot
  • Lot Dimensions: 125x180
  • Flood Zone Code: X
  • Flood Zone Date: 2003-09-29

Green Features

  • Efficiency: Windows

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Pet Restrictions: None
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: No HOA Deed restrictions applied. Any County Codes apply.

Tax Info

  • Tax Annual Amount: 839
  • Tax Block: K
  • Tax Book Number: 08285/0024
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2020
Closed on
Nov 17, 2020
Sold by
Caster Gary and Caster Barbara
Bought by
Browne Philmore and Browne Velda
Seller's Agent
Barry Macchione
REMAX EXPERTS
Buyer's Agent
Cheryn Ramjatan
LA ROSA REALTY SUCCESS LLC
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%
Current Estimated Value
$353,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,120
Avg. Annual Appreciation
8.45%
Original Mortgage
$123,000
Outstanding Balance
$109,702
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$243,418

Purchase Details

Closed on
Dec 15, 2010
Sold by
Sarna Anthony G and Sarna Susan S
Bought by
Oaster Gary and Oaster Barbara

Purchase Details

Closed on
Oct 6, 2005
Sold by
Hawkes Michel E and Hawkes Catherine M
Bought by
Sarna Anthony G and Sarna Susan S

Purchase Details

Closed on
Jul 12, 2000
Sold by
Sunbelt Homes Inc
Bought by
Hawkes Michel E and Hawkes Catherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2000
Sold by
Hawkes Michael E and Hawkes Catherine M
Bought by
Sunbelt Homes Inc

Purchase Details

Closed on
Nov 10, 1999
Sold by
Knoth Jerry L and Knoth Barbara L
Bought by
Hawkes Michel E and Hawkes Catherine M
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
Browne Philmore $240,000 Real Estate Title Svcs Inc
Oaster Gary $122,500 Florida Professional Title I
Sarna Anthony G $205,000 --
Hawkes Michel E $74,000 --
Sunbelt Homes Inc -- --
Hawkes Michel E $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Browne Philmore $40,000
Open Browne Philmore $123,000
Previous Owner Sarna Anthony G $143,500
Previous Owner Hawkes Michel E $40,221
Previous Owner Hawkes Michel E $66,362
Previous Owner Hawkes Michel E $67,100
Previous Owner Hawkes Michel E $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2020 11/17/20 Sold $240,000 -4.0% $129 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
10/10/2020 10/10/20 For Sale $249,900 -- $135 / 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
2024 $1,019 $82,011 -- --
2023 $1,019 $79,622 $0 $0
2022 $963 $77,303 $0 $0
2021 $959 $75,051 $0 $0
2020 $874 $95,971 $0 $0
2019 $844 $93,813 $0 $0
2018 $821 $92,064 $0 $0
2017 $826 $90,170 $0 $0
2016 $790 $88,315 $0 $0
2015 $458 $87,701 $0 $0
2014 $749 $87,005 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: P4912907

Stellar MLS

APN: 29-30-29-992880-011100