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$1,168,532Estimated home value

Beds
4
Baths
4.0
sq ft
3,747

1608 Lake Rhea Dr, Windermere, FL 34786

1608 Lake Rhea Dr

WINDERMERE, FL 34786

  • Sold On 10/1/2024
    • Price drop $300,001↓
Sellers are MOTIVATED! Schedule your showing today. Upstairs and rooms have been freshly painted for a new look. NO flood zone Back on market because buyers financing fell through. House was appraised and is under appraised value. Welcome to a haven of sophistication and exclusivity! Nestled in the highly sought-after community of "Reserve at Belmere," this stunning residence exudes elegance and charm. Situated on a premium lot, this magnificent home, built in 2005, with brand new floors, boasts a commanding presence and unparalleled waterfront views with a private pool. 3700 square feet, this 4-bedroom, 4-bathroom residence epitomizes luxury living. Majestic high ceilings adorn the interiors, creating an ambiance of grandeur and spaciousness. Recently upgraded with a new roof, fully remodeled kitchen, and new AC, this home effortlessly blends modern amenities with timeless elegance. Step into a world of opulence as you discover a custom liquor room, adding a touch of sophistication to entertaining guests. Embrace the serenity of a gated community lifestyle while relishing the breathtaking Disney fireworks from the balcony, offering a spectacular view. Indulge in the array of amenities this esteemed neighborhood offers, including basketball courts, volleyball courts, beach volleyball, and access to top-rated schools, ensuring the highest quality of education for your family

Details

Property type

Single Family Residence

Est. home value

$1,168,532

Lot size

0.28 acres

Price per sq ft

$321

Year built

2005

Annual property taxes

$8,631.05

Monthly HOA fee

$212

Price History

10/01/2024
StellarMLS

StellarMLS #O6165481

Sold
$1,121,250
-6.56%
09/09/2024
StellarMLS

StellarMLS #O6165481

Pending
$1,199,999
08/09/2024
StellarMLS

StellarMLS #O6165481

Removed
$1,199,999

Schools & Community

Elementary school: 

Lake Whitney Elem

Middle school: 

SunRidge Middle

High school: 

West Orange High

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Orlando Fcu

Loan start date

August 2022

Original loan amount

$250,000

Est. remaining balance

Not provided

Interest rate

4.81%

Loan type

Stand Alone Second, 15 year

Seller

Steven Neil Cohen and Shelly Marie Cohen Cohen

Lender

Orlando Fcu

Loan start date

April 2020

Original loan amount

$510,000

Est. remaining balance

$381,280

Interest rate

2.79%

Loan type

New Conventional, 15 year

Seller

Steven N Cohen and Shelly M Cohen

Lender

Tcf National Bank

Loan start date

August 2017

Original loan amount

$211,000

Est. remaining balance

Not provided

Interest rate

3.17%

Loan type

Credit Line (Revolving), 30 year

Seller

Steven Neil Cohen and Shelly Marie Cohen

Lender

Advisors Mortgage Group Llc

Loan start date

August 2017

Original loan amount

$417,000

Est. remaining balance

$304,476

Interest rate

3.88%

Loan type

New Conventional, 20 year

Seller

Steven Neil Cohen and Shelly Marie Cohen

Lender

Guaranteed Rate Inc

Loan start date

July 2013

Original loan amount

$588,600

Est. remaining balance

Not provided

Interest rate

3.87%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Steven Neil Cohen and Shelly Marie Cohen

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Off Market

Tomo last checked: 10/05/2024 at 9:15 PM

Listing updated: 10/01/2024 at 10:03 PM

Listed by: Joshua Torres, COMBS PREMIER REALTY GROUP Phone #: (407) 614-8336

MLS: StellarMLS #O6165481

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