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Seminole 32746 Crossings Silver Lakes West
788 Silversmith CIRCLE
$470,000
● House - Off Market

788 Silversmith CIRCLE

LAKE MARY, FL 32746
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,501 Ft²
$499,837
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

One or more photo(s) has been virtually staged. Welcome to your new family pool home! The stunning TURN-KEY single-family home is located in the desirable Silver Lakes West community in Florida. This amazing home features 5 bedrooms, 2-in-half bathrooms, and a kitchen overlooking the 2 family rooms that are warm and inviting, with plenty of natural light for relaxing and entertaining. Step outside and you'll find a beautiful pool, perfect for those hot Florida days. The pool area is spacious and beautifully landscaped, with plenty of outdoor entertaining and relaxation space. Its prime location is in Lake Mary, close to downtown Lake Mary, Zoned for highly rated Seminole County schools! Don't miss out on the opportunity to own this amazing pool home- schedule a showing today!
Unit Size
2,501 Ft²
Days on Market
35 days
Land Size
0.44 acres
Price per sqft
$200
Property Type
House
Property Taxes
$207
HOA Dues
$33
Year Built
1989

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Stellar MLS #O6112060)

Price History

Date / Event Date Event Price
Jun 23, 2023 Sold
Premium
Sold
May 18, 2023 Listed by EXP REALTY LLC $499,000
Listed by EXP REALTY LLC
May 13, 2023 No longer available -
No longer available
Apr 12, 2023 Price Increased $475,000
↑ $26K (5.8%)
Price Increased
Apr 8, 2023 Price Decreased $449,000
↓ $50K (10%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 35
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 19,243
  • Total Building Area: 3,014
  • Gross Building Area: 3,014
  • Building Area: 2,594
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,594
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SILVER LAKES WEST AT THE CROSSINGS UNIT
  • Land Acres: 0000000442
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: 01
  • Legal Description 1: LOT 105 SILVER LAKES W AT THE CROSSINGS U 2 PB 35 PGS 53 & 54

Neighborhood

  • School District Name: Seminole County School District
  • School Tax School District: COUNTY-TX DIST
  • Census Tract: 020810

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 00885E5E
  • Subdivision Tract Number: 504
  • Parcel: 19-20-30-504-0000-1050
  • Lot: 105
  • Meridian: SEC 19 TWN 20S RNG 30E
  • Municipality: COUNTY-TX DIST 1
  • Latitude: 28.7296
  • Longitude: -81.358

    Address

  • Full Address: 788 Silversmith Cir
  • Address - House Number: 788
  • Address - Street Name: Silversmith
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Lake Mary
  • Carrier Code: C008
  • 4-Digit Zip Code: 4970
  • Zip Code: 32746

Valuation

    Tax

  • Total Area: 2,849
  • Tax Year: 2023
  • Tax Amount: $256,502
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.0749
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 95
  • Final Value: 465,707
  • High Value: 500,597
  • Low Value: 430,816

    Market Valuation

  • Market Total Value: $425,365
  • Market Land Value: $100,000
  • Market Improvement Value: $325,365

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $214,649

    Sales

  • Current Sale Contract Date: Jun 22, 2023
  • Current Sale Recording Date: Jun 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 58145
  • Previous Sale Recording Date: Aug 01, 1989
  • Previous Sale Contract Date: Aug 01, 1989
  • Previous Sale Amount: $127,600
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Crossings Silver Lakes West

Stats & Trends

Median Asking:

$444,400

Sale Price/ft²

$223

Above Asking

0.00%

Average Days on Market

34

Average Home Size

2038 ft²

Average Home Age

39 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 828 Garden Glen Loop, LAKE MARY, FL, 32746

$2,695 /mo

  • 3 Beds
  • 2 Baths
  • 1,841 ft²
828 Garden Glen Loop, LAKE MARY, FL, 32746 Listing by Karen Arbutine
Unit for rent at 944 W Charing Cross Circle, LAKE MARY, FL, 32746

$2,800 /mo

  • 4 Beds
  • 3 Baths
  • 2,140 ft²
944 W Charing Cross Circle, LAKE MARY, FL, 32746 Listing by Bi Dong

Rentals Near You

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STELLAR

Listed by: Jason Asa
EXP REALTY LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O6112060
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 788 Silversmith Circle built and last sold?
The property at 788 Silversmith Circle was built in 1989 and last sold on Jun 22, 2023 for $470,000.
How much is this home worth?
The estimated value of the home located at 788 Silversmith Circle is $0.
What are some comparable homes to 788 Silversmith Circle?
There are currently no comparable homes to 788 Silversmith Circle.
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