NOT LISTED FOR SALE

Estimated Value: $1,610,000 - $2,598,000

4 Beds
2.5 Baths
3,767 Sq Ft
$605/Sq Ft Est. Value

Last Sold June 21, 2021

Last sale price $1,670,000 $443 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $14,988/month

Highlights

  • Boathouse
  • 200 Feet of Waterfront
  • Gated Community
  • Dr. Phillips Elementary School Rated A-
  • Golf Course Community
  • Lake View

About This Home

As of September 2021

Ready to move in! Enjoy beautiful sunsets and magical Disney fireworks from this spectacular Dr. Phillips lakefront home on The Butler Chain of Lakes. This contemporary lakefront is just minutes to the world famous Arnold Palmer’s Bay Hill Club and Lodge, world class attractions, Restaurant Row, and “A” rated schools. If you have often imagined living on the water, this magnificent lakefront property with western exposure invites you to enjoy almost 100 feet of lake frontage with its fully enclosed boat dock and lift. This is a great opportunity to rent a home on this rare setting situated on the pristine waters of Lake Tibet in the gated neighborhood of Bay Point within Bay Hill. Lake Tibet is the second largest lake on the chain with 1,000+ acres of great fishing, skiing, and water activities. Picture yourself waking up to soothing lake breezes, enjoying simple relaxation along the water, before capping each day with a glorious sunset over the lake. The lake lifestyle awaits you. Don’t miss out!

Last Agent to Rent the Property

Simon Simaan

THE SIMON SIMAAN GROUP License #3265503 Listed on: 08/18/2021

Last Renter's Agent

Emily Lewis

LAKESIDE REALTY WINDERMERE INC License #3250992

LAKESIDE REALTY WINDERMERE INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,534

Year Built

  • Built in 1979

Lot Details

  • 0.38 Acre Lot
  • 200 Feet of Waterfront
  • Lake Front
  • Property fronts a lake that is connected to a chain of lakes
  • Property fronts a private road
  • Fenced
  • Irrigation

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Open Parking

Home Design

  • Bi-Level Home

Interior Spaces

  • 3,767 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Bonus Room
  • Inside Utility
  • Chain Of Lake Views

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Access To Chain Of Lakes
  • Access To Lake
  • Property is near a marina
  • Seawall
  • Water Skiing Allowed
  • Boathouse
  • Deck
  • Patio
  • Porch

Schools

  • Dr. Phillips Elementary School
  • Southwest Middle School
  • Dr. Phillips High School

Utilities

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

Listing and Financial Details

  • Residential Lease
  • Security Deposit $7,000
  • Property Available on 8/18/21
  • The owner pays for grounds care
  • 12-Month Minimum Lease Term
  • Long Term Lease
  • Assessor Parcel Number 28-23-28-0600-00-240

Community Details

Overview

  • Property has a Home Owners Association
  • Association Approval Fee: 450
  • Bob Page Association
  • Bay Point Subdivision

Recreation

  • Golf Course Community

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,534

Year Built

Built in 1979

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Lease Amount Frequency: Monthly
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Lease Fee: 1000
  • Long Term Y N: Yes
  • Minimum Lease: 1-2 Years
  • Pet Restrictions: Per HOA Covenants
  • Security Deposit: 7000
  • Available Date: 2021-08-18

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Fireplace: Yes
  • Living Area: 3767
  • Lot Size Acres: 0.38
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 4459
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 16681
  • Owner Pays: Grounds Care
  • Directions to Property: Head South on Apopka Vineland Rd from Wallace Rd, Right on Bay Hill Blvd, Right on Crichton Wood Road, Right on Bay Point Drive, home is on the Left.
  • Status: Leased
  • Number Of Pets: 3
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.92857
  • Price per Sq Ft: 1.73
  • Close to Original List Price Ratio: 0.92857
  • Ratio: Current Price\Building Area Total: 1.46
  • View: Yes
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room, Master Bedroom
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Cathedral Ceiling(s), Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Dormitorio Principal Arriba, Open Floorplan, Solid Surface Counters, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Total Bedrooms: 4
  • Levels: Two
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 9170
  • Room Count: 8
  • Additional Rooms: Bonus Room, Great Room, Inside Utility

Exterior Features

  • Other Structures: Boat House
  • Exterior Features: Fenced, Irrigation System, Sliding Doors
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Water
  • Water Body Name: Lake Tibet
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch
  • Road Surface Type: Paved, Asphalt
  • Water View: Lake, Lake - Chain of Lakes
  • Water Access: Lake, Lake - Chain of Lakes
  • Water Extras: Boathouse, Dock w/Electric, Lift - Covered, Seawall - Concrete, Skiing Allowed
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 200
  • Water Frontage Feet Lake: 100
  • Water Frontage Feet Lake Chain: 100

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage Door Opener
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Golf
  • Association Amenities: Gated
  • Association Name: Bob Page
  • Phone: bob@page2inc.com
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Association Approval Fee: 450
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Schools

  • Elementary School: Dr. Phillips Elem
  • High School: Dr. Phillips High
  • Middle Or Junior School: Southwest Middle

Lot Info

  • Parcel Number: 28-23-28-0600-00-240
  • Lot Features: In County, Near Marina, Sidewalk

Multi Family

  • Waterfront Features: Lake, Lake - Chain of Lakes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2021
Closed on
Jun 21, 2021
Sold by
Sullivan Robert M and Orman Amber G
Bought by
Kessler Mark Whitfield and Kessler Diana
Seller's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
Buyer's Agent
Simon Simaan
THE SIMON SIMAAN GROUP
List Price
$1,670,000
Sold Price
$1,670,000
Current Estimated Value
$2,298,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$628,972
Avg. Annual Appreciation
8.46%
Original Mortgage
$1,050,000
Outstanding Balance
$960,935
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,380,531

Purchase Details

Closed on
Jul 28, 2020
Sold by
Sullivan Robert M
Bought by
Sullivan Robert M and Orman Amber G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$491,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2020
Sold by
Sullivan Robert M
Bought by
Sullivan Robert M and Orman Amber G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$491,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2015
Sold by
Marchewka Marci L
Bought by
Sullivan Robert M

Purchase Details

Closed on
May 11, 2012
Sold by
Debeau Phillip H
Bought by
Sullivan Robert M and Marchewka Marci L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
3.91%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 4, 1993
Sold by
Dubeau Constance G
Bought by
Dubeau Phillip H
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kessler Mark Whitfield $1,670,000 Attorney
Sullivan Robert M -- Attorney
Sullivan Robert M $13,500 Attorney
Sullivan Robert M -- Attorney
Sullivan Robert M $1,150,000 Attorney
Dubeau Phillip H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kessler Mark Whitfield $1,050,000
Previous Owner Sullivan Robert M $491,000
Previous Owner Sullivan Robert M $172,500
Previous Owner Sullivan Robert M $880,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Rented $6,500 -7.1% --
09/02/2021 09/02/21 Off Market $7,000 -- --
08/18/2021 08/18/21 For Rent $7,000 0.0% --
06/21/2021 06/21/21 Sold $1,670,000 0.0% $443 / Sq Ft
06/21/2021 06/21/21 For Sale $1,670,000 -- $443 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
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 $29,534 $1,804,970 $1,100,000 $704,970
2024 $27,270 $1,773,250 $1,100,000 $673,250
2023 $27,270 $1,726,342 $1,100,000 $626,342
2022 $24,624 $1,533,309 $1,000,000 $533,309
2021 $18,028 $1,135,143 $0 $0
2020 $17,175 $1,119,470 $0 $0
2019 $17,749 $1,094,301 $0 $0
2018 $17,608 $1,073,897 $0 $0
2017 $17,409 $1,245,669 $850,000 $395,669
2016 $17,386 $1,250,544 $865,000 $385,544
2015 $17,690 $1,198,282 $815,000 $383,282
2014 $17,859 $1,014,895 $715,000 $299,895
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: O5966958

Stellar MLS

APN: 28-2328-0600-00-240