tomo logo

$799,900

Beds
5
Baths
4.5
sq ft
3,976

1821 Cherry Walk Rd, Lutz, FL 33558

1821 Cherry Walk Rd

LUTZ, FL 33558

  • 204 days on market
    • Price drop $15,000↓
BRAND NEW ROOF INSTALLED JANUARY 2025. Nestled in a serene cul-de-sac within the coveted Reserve at Long Lake Ranch, this exquisite 5-bedroom, 4.5-bathroom home offers 3,976 sq. ft. of luxurious living space, seamlessly blending elegance, comfort, and modern convenience. Boasting breathtaking pond views, a thoughtfully designed floor plan, and high-end finishes throughout, this home is a true gem. Step inside to rich Mohawk hardwood flooring, complemented by 5 1/4-inch baseboards, custom millwork, and crown molding, creating an atmosphere of warmth and sophistication. The gourmet chef’s kitchen is designed to impress, featuring sleek granite countertops, custom cabinetry, high-end stainless steel appliances, a walk-in pantry, an eat-in dining space, and a large island with bar seating, making it perfect for casual meals or entertaining. The formal living room provides an inviting space to relax or host guests, while the elegant dining room offers stunning pond views, creating a picturesque setting for every meal. Upstairs, a versatile loft area presents endless possibilities, from a game room to a home theater or study space. The primary suite is a true sanctuary, featuring two walk-in closets and a spa-like ensuite with dual vanities, a soaking tub, and a step-in shower. Three additional upstairs bedrooms include a shared bath for two and a private ensuite bath for the third, while a first-floor bedroom with an adjacent upgraded full bath provides convenience for guests or multi-generational living. The outdoor living space is equally impressive, with a covered patio overlooking the peaceful pond, perfect for unwinding, outdoor dining, or entertaining. The expansive backyard offers endless possibilities and is large enough to add your dream pool. Residents of the highly sought-after Reserve at Long Lake Ranch enjoy access to resort-style amenities, including a community pool, clubhouse, scenic walking trails, basketball and tennis courts, a community dock with kayak launch, playground, and green spaces. Conveniently located near top-rated schools, fine dining, shopping, and recreational facilities, this home offers a lifestyle of luxury and convenience. Don't miss the opportunity to own this incredible property in a prime location—schedule your private tour today.

Details

Property type

Single Family Residence

Est. home value

$853,717

Lot size

9,229 sq ft

Price per sq ft

$202

Year built

2018

Annual property taxes

$12,294.88

Monthly HOA fee

$11.25

Price History

02/06/2025
StellarMLS

StellarMLS #U8252073

Price change
$799,900
-1.84%
01/28/2025
StellarMLS

StellarMLS #U8252073

Removed
$814,900
01/15/2025
StellarMLS

StellarMLS #U8252073

Listed
$814,900

Schools & Community

Elementary school: 

Lake Myrtle Elementary-PO

Middle school: 

Charles S. Rushe Middle-PO

High school: 

Sunlake High School-PO

Community features: 

Park, Playground, Pool, Sidewalks

Negotiation Insights

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

Seller could get up to

$438,276
Asking price
$799,900
Closing costs (~8% of asking)
-$63,992
Est. remaining loan balance
-$297,632
Cash to seller
$438,276

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

M/I Financial Llc

Loan start date

August 2018

Original loan amount

$337,520

Est. remaining balance

$297,632

Interest rate

4.55%

Loan type

New Conventional, 30 year

Seller

Eric Todd Shepherd and Li Yu

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: Active

Tomo last checked: 02/22/2025 at 6:10 PM

Listing updated: 02/15/2025 at 2:09 PM

Listed by: Mark Fazzini, RE/MAX REALTEC GROUP INC Phone #: (727) 789-5555

MLS: StellarMLS #U8252073

StellarMLS logo

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