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3525 Watercrest Place

3525 Watercrest Place, Orlando, FL 32835
Property in Cypress Landing
Sold May 30, 2019
$605,000
$512,750 by Rocket Mortgage Llc
Mortgage Due Dec 01, 2036
Sold Dec 11, 2012
$435,000
$444,706 by Waterstone Mortgage Corp
Mortgage Due Jan 01, 2043
3525 Watercrest Place in Orlando, FL was first built in 1998 and is 26 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 5 partial bathrooms. 3525 Watercrest Place has 3,718 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 13,773 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable or hip style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 638 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as good. The exterior walls of the home are made of concrete block. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3525 Watercrest Place sold most recently in May 28, 2019 for a total of $605,000. If you work out the math, that's approximately a cost of $126.20 per sqft. Before that, the property was also sold for $435,000 in Dec 7, 2012. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,026 in taxes each year. 3525 Watercrest Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $521,360. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 2
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Building Quality: C+
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 638
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 13,773
  • Total Building Area: 4,794
  • Gross Building Area: 4,794
  • Building Area: 3,718
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,718
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CYPRESS LANDING PH 3
  • Land Acres: 0.316
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CYPRESS LANDING PHASE THREE 35/117 LOT 3 2

Ownership

  • Current Owner : SALMON JAY RYAN
  • Current Owner 2: SALMON STACY
  • Previous Owner : HANSEN JEFFREY A
  • Previous Owner 2: PICKERING KATHLEEN MARIE
  • Owner Before Previous Owner: JOHNSON CHRISTOPHER L
  • Owner Before Previous Owner 2: JOHNSON STEPHANIE G
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Orange County School District
  • School Tax School District: 0232 0332 3224
  • Census Tract: 014815

Zoning

  • Zoning: R-1A

Geography

  • Assessors Map Reference: 71D
  • Subdivision Phase Number: 3
  • Subdivision Tract Number: 1463
  • Parcel: 10-23-28-1463-00-320
  • Lot: 3
  • Meridian: SEC 10 TWN 23S RNG 28E
  • Municipality: UN-INCORPORATED
  • Latitude: 28.5021
  • Longitude: -81.4963

    Address

  • Full Address: 3525 Watercrest Pl
  • Address - House Number: 3525
  • Address - Street Name: Watercrest
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Orlando
  • Carrier Code: R042
  • 4-Digit Zip Code: 2527
  • Zip Code: 32835

Valuation

    Tax

  • Total Area: 4,131
  • Tax Year: 2023
  • Tax Amount: $8,026
  • Tax Rate Code Area: 35-ORG

    Appraisal Valuation

  • Standard Deviation: 0.1685
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 78
  • Final Value: 974,895
  • High Value: 1,139,229
  • Low Value: 810,560

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $512,750
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 01, 2021
  • First Open Lien Mortgage Loan Amount: $512,750
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2036

    Market Valuation

  • Market Total Value: $773,760
  • Market Land Value: $125,000
  • Market Improvement Value: $648,760

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $521,360

    Sales

  • Current Sale Contract Date: May 28, 2019
  • Current Sale Recording Date: May 30, 2019
  • Current Sale Transaction ID: 11610659895
  • Current Sale Price: $605,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190332332
  • Previous Sale Recording Date: Dec 11, 2012
  • Previous Sale Contract Date: Dec 07, 2012
  • Previous Sale Amount: $435,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LAKE MICHIGAN CU
  • First Mortgage Transaction Date: May 30, 2019
  • First Mortgage Loan Amount: $605,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2034

    Previous Mortgages

  • Previous Mortgage Lender: WATERSTONE MORTGAGE CORP
  • Previous Mortgage Transaction Date: Dec 11, 2012
  • Previous Mortgage Loan Amount: $444,706
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jan 01, 2043

About Cypress Landing



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Frequently Asked Questions

What neighborhood is 3525 Watercrest Place located in?
The 3525 Watercrest Place is a located in the neighborhood of Cypress Landing in Cypress Landing, Orlando.
What is the average sales price for listings in 3525 Watercrest Place?
The average sales price for units in 3525 Watercrest Place is $0 currently.

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