NOT LISTED FOR SALE

Estimated Value: $4,190,489 - $4,537,000

6 Beds
8 Baths
6,994 Sq Ft
$632/Sq Ft Est. Value

Last Sold August 29, 2013

Last sale price $1,925,000 $275 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $26,928/month

168 Days on Market

Highlights

  • Lake Front
  • Heated Indoor Pool
  • Fireplace in Primary Bedroom
  • Windermere Elementary School Rated A
  • 2.02 Acre Lot
  • Deck

About This Home

As of August 2013

SHORT SALE.BUTLER CHAIN OF LAKES LAKEFRONT ESTATE . ABSOLUTE BEST BUY IN THE LUXURY ESTATE HOMES OF THE GATED AND GUARDED LAKE BUTLER SOUND. SHOWCASE HOME WITH ARTISTIC CRAFTMANSHIP THROUGHOUT FROM THE CEILINGS TO THE FLOORING! FEATURES THAT MUST BESEEN TO BE BELIEVED! 2 PLUS ACRE LAKEFRONT ESTATE HOME WITH PRIVATE SCREENED POOL AND SPA, HOME THEATER, EXERCISE ROOM, DUAL LAUNDRY, EXECUTIVE OFFICE, MARBLE FLOORS, CARVED MAHOGANY ENTRANCE DOORS, MASTER BEDROOM DOWNSTAIRS, CIRCULAR DRIVEWAY, 2 GARAGESWITH PARKING STORAGE FOR 6 CARS, PRIVATE STUDY, CHEFS KITCHEN, ELEVATOR, THE TOP OF THE LINE ELECTRONICS AND MUCH MORE! EASY SHOW AND SELL! NO SELLERS DISCLOSURE AVAILABLE. HOA INITIATION FEE OF 2,500.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,826

Year Built

  • Built in 2004

Lot Details

  • 2.02 Acre Lot
  • Lake Front
  • Mature Landscaping
  • Oversized Lot
  • Irrigation
  • Landscaped with Trees
  • Property is zoned P-D

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • 5 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Guest Parking

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stone Siding
  • Stucco

Interior Spaces

  • 6,994 Sq Ft Home
  • Bar Fridge
  • Crown Molding
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • Separate Formal Living Room
  • Breakfast Room
  • Formal Dining Room
  • Storage Room
  • Brick Flooring

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Split Bedroom Floorplan

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Heated Indoor Pool
  • Saltwater Pool
  • Spa

Outdoor Features

  • Access To Chain Of Lakes
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Reserve At Lake Butler Sound Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 190
  • Assessor Parcel Number 19-23-28-7391-00-190

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,826

Year Built

Built in 2004

Lot Details

0

HOA Fees

$375 per month

Parking

5

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stone, Stucco
  • Fireplace: Yes
  • Living Area: 6994
  • Lot Size Acres: 2.02
  • New Construction: No
  • Year Built: 2004
  • Building Area Total: 9764
  • Lot Size Sq Ft: 88189
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • RATIO Current Price By Calculate: 275.24
  • Total Acreage: 2 to less than 5
  • Water Access YN: 1
  • Tax Year: 2011
  • Special Features: 4108

Interior Features

  • Fireplace Features: Family Room, Master Bedroom
  • Living Area Units: Square Feet
  • Flooring: Brick
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Split Bedroom, Stone Counters, Tray Ceiling(s), Vaulted Ceiling(s)
  • Appliances Included: Bar Fridge, Dishwasher, Microwave, Oven, Range, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 6
  • Levels: Two
  • Spa Yn: Yes
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Breakfast Room Separate,Formal Dining Room Separate,Formal Living Room Separate,Storage Rooms

Exterior Features

  • Other Structures: Storage
  • Pool Features: Heated, Indoor, Salt Water
  • Exterior Features: Balcony, Irrigation System, Rain Gutters, Storage
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • Water Body Name: LAKE BUTLER
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Water Access: Lake - Chain of Lakes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 5
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage Door Opener, Guest

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Gas, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 375
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Security System Owned, Smoke Detector(s)
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 4500.00
  • Total Monthly Fees: 375.00

Lot Info

  • Zoning: P-D
  • Parcel Number: 19-23-28-7391-00-190
  • Additional Parcels: No
  • Lot Features: Oversized Lot
  • Future Land Use: 0130

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2013-08-29T00:00:00.000

Tax Info

  • Tax Annual Amount: 42826
  • Tax Block: 00
  • Tax Book Number: 0045/0120
  • Tax Lot: 190

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2011
Closed on
Aug 9, 2013
Sold by
Zuberi Najeeb A and Zuberi Pamela A
Bought by
Pinnamaneni Sridhar and Pinnamaneni Suneeta
List Price
$1,900,000
Sold Price
$1,925,000
Premium/Discount to List
$25,000
1.32%
Current Estimated Value
$4,419,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,494,496
Avg. Annual Appreciation
6.96%
Original Mortgage
$1,400,000
Outstanding Balance
$723,615
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,695,881

Purchase Details

Closed on
Sep 25, 2002
Sold by
Zuberi Najeeb A
Bought by
Zuberi Najeeb A and Zuberi Pamela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,923,000
Interest Rate
5.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Pinnamaneni Sridhar $1,925,000 Metes & Bounds Title Co
Zuberi Najeeb A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pinnamaneni Sridhar $1,400,000
Previous Owner Zuberi Najeeb A $1,923,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2014 08/17/14 Off Market $1,925,000 -- --
08/29/2013 08/29/13 Sold $1,925,000 +1.3% $275 / Sq Ft
04/17/2012 04/17/12 Pending -- -- --
10/31/2011 10/31/11 For Sale $1,900,000 -- $272 / 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 $41,589 $2,707,552 -- --
2024 $38,792 $2,631,246 -- --
2023 $38,792 $2,482,612 $0 $0
2022 $37,720 $2,410,303 $0 $0
2021 $37,299 $2,340,100 $0 $0
2020 $35,588 $2,307,791 $0 $0
2019 $36,803 $2,255,905 $0 $0
2018 $36,555 $2,213,842 $0 $0
2017 $36,186 $2,203,924 $780,000 $1,423,924
2016 $36,171 $2,163,622 $780,000 $1,383,622
2015 $36,815 $2,108,947 $780,000 $1,328,947
2014 $36,514 $2,019,021 $780,000 $1,239,021
Source: Public Records

Source: Stellar MLS

MLS Number: O5070851

Stellar MLS

APN: 19-2328-7391-00-190