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550 Lake Cypress Circle

550 Lake Cypress Circle, Oldsmar, FL 34677
Sold Sep 03, 2021
$391,000
$371,450 by Innovative Mortgage Services
Mortgage Due Oct 01, 2051
Sold Apr 23, 1999
$146,400
$141,882 by Chase Manhattan Mortgage Corp
Mortgage
550 Lake Cypress Circle in Oldsmar, FL was first built in 1999 and is 25 years old. Although, the building on the property was most recently renovated and altered in 2005. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 550 Lake Cypress Circle has 1,855 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. The linear feet across the front of the lot is 540 ft and the linear feet between the front and back of the lot is 1,310. In total, the area measurement of the land is 6,996 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable or hip style roof made of materials that we aren't sure of. For those who need parking, there is a attached garage. The garage is 471 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of brick. While the interior walls are made of a material which is produced from two or more constituent materials. 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 central heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 550 Lake Cypress Circle was last sold in Sep 2, 2021 for $391,000. According to our calculations, that's $153.94 per sqft. Prior to that sales transaction, the property was sold for $146,400 in Jan 1, 1970. Current property owners are expected to pay $5,851 in taxes per year. The property on 550 Lake Cypress Circle was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $374,748. To break that down further, the land itself was valued at $178,690. While improvements to the property were assessed at a total of $196,058. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Interior Walls Type: Composition
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 471
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,996
  • Lot Size Depth Feet: 1,310
  • Lot Size Frontage Feet: 540
  • Total Building Area: 2,540
  • Gross Building Area: 2,540
  • Building Area: 1,855
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,855
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PRESERVE AT CYPRESS LAKES
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PRESERVE AT CYPRESS LAKES PHASE II, THE LOT 6

Ownership

  • Current Owner : REEVES WILLIAM BRENT
  • Current Owner 2: REEVES MELODYE DAWSON
  • Previous Owner : MATSON JOHN O
  • Previous Owner 2: MATSON RENEE L
  • Owner Before Previous Owner: WESTFIELD DEVELOPMENT CORP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Pinellas County School District
  • Census Tract: 027327

Geography

  • Assessors Map Reference: 54A
  • Account Number: R140268
  • District: OM
  • Subdivision Phase Number: 2
  • Subdivision Tract Number: 73085
  • Parcel: 13-28-16-73085-000-0060
  • Lot: 6
  • Meridian: SEC 13 TWN 28S RNG 16E
  • Municipality: OLDSMAR
  • Latitude: 28.0517
  • Longitude: -82.6638

    Address

  • Full Address: 550 Lake Cypress Cir
  • Address - House Number: 550
  • Address - Street Name: Lake Cypress
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Oldsmar
  • Carrier Code: R009
  • 4-Digit Zip Code: 4656
  • Zip Code: 34677

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,851
  • Tax Rate Code Area: OM

    Appraisal Valuation

  • Standard Deviation: 0.2026
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 527,803
  • High Value: 634,787
  • Low Value: 420,819

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $371,450
  • First Open Lien Mortgage Lender: INNOVATIVE MORTGAGE SERVICES
  • First Open Lien Mortgage Recording Date: Sep 03, 2021
  • First Open Lien Mortgage Loan Amount: $371,450
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $374,748
  • Market Land Value: $178,690
  • Market Improvement Value: $196,058

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $374,748
  • Assessed Land Value: $178,690
  • Assessed Improvements Value: $196,058

    Sales

  • Current Sale Contract Date: Sep 02, 2021
  • Current Sale Recording Date: Sep 03, 2021
  • Current Sale Transaction ID: 11854908177
  • Current Sale Price: $391,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021290753
  • Previous Sale Recording Date: Apr 23, 1999
  • Previous Sale Amount: $146,400
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INNOVATIVE MORTGAGE SERVICES
  • First Mortgage Transaction Date: Sep 03, 2021
  • First Mortgage Loan Amount: $371,450
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CHASE MANHATTAN MORTGAGE CORP
  • Previous Mortgage Transaction Date: Apr 23, 1999
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $141,882
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

About Cypress Lakes Preserve



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Frequently Asked Questions

What neighborhood is 550 Lake Cypress Circle located in?
The 550 Lake Cypress Circle is a located in the neighborhood of Cypress Lakes Preserve in Cypress Lakes Preserve, Oldsmar.
What is the average sales price for listings in 550 Lake Cypress Circle?
The average sales price for units in 550 Lake Cypress Circle is $0 currently.

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