NOT LISTED FOR SALE

Estimated Value: $2,435,038 - $2,526,000

4 Beds
5 Baths
4,267 Sq Ft
$581/Sq Ft Est. Value

Last Sold December 19, 2022

Last sale price $2,225,000 $521 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $15,583/month

Highlights

  • Boathouse
  • Lake Front
  • Double Oven
  • Windermere Elementary School Rated A
  • Saltwater Pool
  • Bar Fridge

About This Home

As of December 2022

Discover the pure enjoyment of a Renaissance home handcrafted by artisans and nestled along the edges of Lake Down, one of the largest of the Butler Chain of Lakes, in the very quaint Town of Windermere. Although fairly recently built, this custom "old world style" will captivate your spirit as you step through the rotunda main entrance! You will marvel at the gorgeous fountain-courtyard with impressive water features that will elevate your senses to a new level of escapism! Completely entrancing, this masterpiece exudes attention to detail beyond this time in place. As you gaze at the courtyard you are drawn to the back of the home where lies an expanse of lush green grass leading to the covered dock, ski boat and lake and all the excitement that awaits you! Tucked discreetly into a wide canal just three homes from the broad open mouth of Lake Down, you are seconds away from the pristine waters of this famed fishing, skiing and water sports mecca! This highly desirable real estate, embodied in the authentic Mediterranean architectural style, is a splendid first class package offered on a homesite nearly 1/2 acre in size enjoying 200 linear feet of waterfront beauty. It is a sanctuary from the real world -- a true escape to your dream life in your dream home. The floor plan is arranged to offer different spaces for different activities designed brilliantly to allow for privacy and functionality. True courtyard style home with a pool-fountain-spa as the centerpiece can be enjoyed from every angle of this estate. With two main floor wings, you will find the lavish primary bedroom retreat on the right hand side as well as a large private office, a separate living room/sitting parlor with fireplace that adjoins to a small alcove opening to private outdoor patio. ;Water: City

Last Buyer's Agent

Stefanie Santiago

ANN TITUS License #3380236

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 100x185
  • Lake Front
  • Irrigation
  • Property is zoned R1

Home Design

  • Bi-Level Home
  • Tile Roof

Interior Spaces

  • 4,267 Sq Ft Home
  • Bar Fridge
  • Ceiling Fan
  • Drapes & Rods
  • Brick Flooring
  • Lake Views

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Pool

  • Saltwater Pool
  • Spa

Outdoor Features

  • Riparian rights to water flowing past the property
  • Seawall
  • Boathouse

Utilities

  • Central Heating and Cooling System
  • Mini Split Air Conditioners
  • Tankless Water Heater
  • Gas Water Heater
  • Aerobic Septic System

Listing and Financial Details

  • Assessor Parcel Number 08-23-28-1948-02-050

Community Details

Overview

  • Davis Shores Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Combination
  • Fireplace: Yes
  • Living Area: 4267
  • Lot Size Acres: 0.42
  • Year Built: 2007
  • Building Area Total: 7482
  • Status: Sold
  • RATIO Current Price By Calculate: 521.44
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 1
  • Special Features: None

Interior Features

  • Flooring: Brick, Other
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Split Bedroom
  • Appliances Included: Bar Fridge, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Freezer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Trash Compactor, Washer
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Yn: Yes
  • Window Features: Drapes

Exterior Features

  • Other Structures: Boat House
  • Pool Features: Heated, Other, Salt Water
  • Exterior Features: Irrigation System
  • Roof: Tile
  • Pool Private: Yes
  • Waterfront: Yes
  • Road Surface Type: Concrete
  • Water Extras: Seawall - Other
  • Water View: Lake
  • Additional Water Information: Riparian Rights,

Utilities

  • Cooling: Central Air, Mini-Split Unit(s)
  • Heating: Central, Electric
  • Sewer: Aerobic Septic
  • Water Source: See Remarks

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Development: Other

Lot Info

  • Zoning: R1
  • Parcel Number: 08-23-28-1948-02-050
  • Lot Features: City Limits
  • Lot Dimensions: 100x185

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Waterfront Features: Lake, Riparian Rights

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2022
Closed on
Dec 19, 2022
Sold by
Bailey Elijah J and Bailey Iryna
Bought by
Malik Ashraf Khan and Malik Erum Saleem
Buyer's Agent
Stefanie Santiago
ANN TITUS
List Price
$2,325,000
Sold Price
$2,225,000
Premium/Discount to List
-$100,000
-4.3%
Current Estimated Value
$2,477,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,760
Avg. Annual Appreciation
3.60%
Original Mortgage
$1,780,000
Outstanding Balance
$1,707,686
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$770,074

Purchase Details

Listed on
Feb 21, 2018
Closed on
Aug 8, 2018
Sold by
Karl Investments Llc
Bought by
Bailey Elijah J and Bailey Iryna
Seller's Agent
Randall Gill
COLDWELL BANKER REALTY
Buyer's Agent
Gregor Graeff
CHOICE ONE REALTY LLC
List Price
$1,395,000
Sold Price
$1,210,000
Premium/Discount to List
-$185,000
-13.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.99%
Original Mortgage
$810,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 4, 2015
Sold by
Hoyo Marcelino J
Bought by
Karl Investments Llc

Purchase Details

Closed on
Aug 19, 2005
Sold by
Williams Larry D
Bought by
Hoyo Marcelino J and Hoyo Celia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.61%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 25, 2005
Sold by
Duff Rebecca
Bought by
Williams Larry D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Malik Ashraf Khan $2,225,000 Orlando Title Services
Bailey Elijah J $1,210,000 Sunbelt Title Agency
Karl Investments Llc $730,200 None Available
Hoyo Marcelino J $675,000 --
Williams Larry D $450,000 Edgewater Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malik Ashraf Khan $1,780,000
Previous Owner Bailey Elijah J $810,000
Previous Owner Hoyo Marcelino J $260,000
Previous Owner Hoyo Marcelino J $999,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/19/2022 12/19/22 Sold $2,225,000 0.0% $521 / Sq Ft
12/19/2022 12/19/22 Sold $2,225,000 -4.3% $521 / Sq Ft View Prior Sale
12/19/2022 12/19/22 Pending -- -- --
12/19/2022 12/19/22 For Sale $2,325,000 0.0% $545 / Sq Ft
11/05/2022 11/05/22 Pending -- -- --
08/23/2022 08/23/22 Price Changed $2,325,000 -2.9% $545 / Sq Ft
07/15/2022 07/15/22 For Sale $2,395,000 +97.9% $561 / Sq Ft
08/10/2018 08/10/18 Sold $1,210,000 -6.6% $284 / Sq Ft View Prior Sale
07/12/2018 07/12/18 Pending -- -- --
05/16/2018 05/16/18 Price Changed $1,295,000 -7.2% $303 / Sq Ft
02/21/2018 02/21/18 For Sale $1,395,000 -- $327 / 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 $31,215 $2,009,474 -- --
2024 $29,825 $1,950,430 $485,000 $1,465,430
2023 $29,825 $1,842,530 $485,000 $1,357,530
2022 $17,357 $1,054,373 $0 $0
2021 $17,125 $1,023,663 $335,000 $688,663
2020 $17,692 $1,092,105 $315,000 $777,105
2019 $18,834 $1,098,019 $315,000 $783,019
2018 $18,938 $1,054,347 $291,000 $763,347
2017 $18,332 $1,039,133 $295,000 $744,133
2016 $18,235 $1,017,639 $295,000 $722,639
2015 $17,612 $1,008,238 $295,000 $713,238
2014 $17,338 $1,010,348 $265,000 $745,348
Source: Public Records

Agents Affiliated with this Home

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Source: Stellar MLS

MLS Number: NS1072163

Stellar MLS

APN: 08-2328-1948-02-050