NOT LISTED FOR SALE

Estimated Value: $717,000 - $901,000

3 Beds
2 Baths
2,388 Sq Ft
$343/Sq Ft Est. Value

Last Sold May 30, 2020

Last sale price $449,000 $188 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,955/month

102 Days on Market

Highlights

  • Lake Front
  • 5 Acre Lot
  • 2 Car Attached Garage
  • Lakewood Ranch High School Rated A-
  • No HOA
  • Ceramic Tile Flooring

About This Home

As of May 2020

Beautiful Home For Sale. Highly desirable property on 5 acres of land with NO HOA and no CDD in a quiet and peaceful Magnolia Hill Subdivision of 5 acres lots located 13 miles east of I-75 on the border of Sarasota and Manatee counties. Bring your horses, boats, RV's! You are allowed to build a second home on a property and to add a detached workshop. A beautiful stocked pond in the back of the house, mature citrus trees garden with oranges, tangelos, lemons, grapefruits and pomelos. A large fenced area for your animals with storage shed! Your own well water means NO water bills! This spacious home features open floor plan with high vaulted ceilings, 2 large living rooms, formal dinning room, breakfast nook, over sized master suite with walking closet, large screened lanai. This home is updated throughout: NEW roof 2017 with a 25 years transferable warranty, NEW AC 2018, fresh exterior paint 2019, newer travertine floors throughout all main living areas, marble floors and countertops in a master bathroom, NEW Bosch dishwasher, stainless steel appliances. Lots of windows and sliding doors keep the home light and bright. Enjoy relaxing evenings by the fire pit near the lake with lots of privacy, your own peace of paradise away from the hustle! Conveniently located 13 miles from Sarasota and 13 miles from Bradenton. This is your chance for country lifestyle with a short drive to growing Lakewood Ranch area and great schools.

Last Agent to Sell the Property

Troy Spivey

EASY STREET REALTY License #3214819 Listed on: 01/02/2020

Last Buyer's Agent

Tara O'Rourke

PARADISE EXCLUSIVE INC License #3388310

PARADISE EXCLUSIVE INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,645

Year Built

  • Built in 1992

Lot Details

  • 5 Acre Lot
  • Lake Front
  • North Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,388 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Lake Views
  • Range

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Magnolia Hill Subdivision Community
  • Magnolia Hill Sub Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,645

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 2388
  • Lot Size Acres: 5
  • New Construction: No
  • Year Built: 1992
  • Lot Size Sq Ft: 217669
  • Directions to Property: SR 70 East to Verna Road, drive south to address.
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3217478?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3217478?w=Customer
  • Homestead Y N: No
  • Total Acreage: 5 to less than 10
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.97821
  • Price per Sq Ft: 188.02
  • Close to Original List Price Ratio: 0.95736
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 10202
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: Yes
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: A
  • Parcel Number: 172200255
  • Additional Parcels: No
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 2644.57
  • Tax Book Number: 25-29
  • Tax Lot: 4

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2020
Closed on
May 28, 2020
Sold by
Goltsman Edward and Goltsman Elena
Bought by
Burson Jon
Seller's Agent
Troy Spivey
EASY STREET REALTY
Buyer's Agent
Tara O'Rourke
PARADISE EXCLUSIVE INC
List Price
$469,000
Sold Price
$449,000
Premium/Discount to List
-$20,000
-4.26%
Current Estimated Value
$830,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$381,650
Avg. Annual Appreciation
11.25%
Original Mortgage
$359,200
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 1996
Sold by
Goltsman Edward and Goltsman Nancy K
Bought by
Goltsman Edward

Purchase Details

Closed on
Jun 21, 1993
Sold by
Tonitis Scott
Bought by
Goltsman Edward and Goltsman Nancy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
7.44%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Burson Jon $449,000 Attorney
Goltsman Edward -- --
Goltsman Edward $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burson Jon $50,000
Open Burson Jon $370,100
Closed Burson Jon $359,200
Previous Owner Goltsman Edward $56,000
Previous Owner Goltsman Edward $30,000
Previous Owner Goltsman Edward $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2020 05/30/20 Sold $449,000 -2.2% $188 / Sq Ft
04/13/2020 04/13/20 Pending -- -- --
02/19/2020 02/19/20 Price Changed $459,000 -2.1% $192 / Sq Ft
01/02/2020 01/02/20 For Sale $469,000 -- $196 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,401 $334,849 -- --
2023 $4,401 $325,096 $0 $0
2022 $4,285 $315,627 $0 $0
2021 $4,303 $306,434 $0 $0
2020 $2,677 $179,500 $0 $0
2019 $2,645 $175,464 $0 $0
2018 $2,627 $172,192 $0 $0
2017 $2,469 $168,650 $0 $0
2016 $2,467 $165,181 $0 $0
2015 $2,497 $164,033 $0 $0
2014 $2,497 $162,731 $0 $0
2013 $2,490 $160,326 $37,350 $122,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3217478

Stellar MLS

APN: 1722-0025-5