NOT LISTED FOR SALE

Estimated Value: $1,914,000 - $1,968,000

5 Beds
5.5 Baths
5,699 Sq Ft
$339/Sq Ft Est. Value

Last Sold March 21, 2023

Last sale price $1,640,000 $288 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $12,785/month

66 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Sitting Area In Primary Bedroom
  • Manatee Bay Elementary School Rated A
  • In Ground Pool
  • Gated Community

About This Home

As of March 2023

Looking for privacy? Enjoy resort-style living w/ a fully fenced lushed landscaped yard, summer kitchen, and travertine pavers. Grand Sanibel model, tucked in a gated community within walking distance to sensational community amenities and A-Schools. Grand circular paver driveway welcomes you home. Enter into soaring two-story ceilings, neutral tones, and floors. Grand master suite on the second level with balcony overlooking tranquil lake views. Gourmet kitchen with center island, quartz countertops, and stainless steel appliances. Oversized playroom/guest suite on the first floor with cabana bath to pool. Incredible use of space makes this home very versatile. Exterior office/guest suite perfect for in-laws, office, and more.

Last Agent to Sell the Property

Rose Sklar

Coldwell Banker Realty License #0707117 Listed on: 01/13/2023

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,047

Year Built

  • Built in 2002

Lot Details

  • 0.43 Acre Lot
  • 75 Ft Wide Lot
  • Lake Front
  • Southwest Facing Home
  • Fenced
  • Property is zoned PUD

HOA Fees

  • $130 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Open Parking

Property Views

  • Lake
  • Pool

Home Design

  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,699 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Loft

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Maid or Guest Quarters
  • Roman Tub

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

  • Manatee Bay Elementary School
  • Falcon Cove Middle School
  • Cypress Bay High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 503911040120

Community Details

Overview

  • The Cove Ii,Savanna Subdivision, Grand Sanibel Floorplan
  • Mandatory home owners association
  • Maintained Community

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,047

Year Built

Built in 2002

Lot Details

0

HOA Fees

$130 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • Master Model: Grand Sanibel
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: The Cove II,Savanna
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Cooking Island, Entrance Foyer, French Doors, Laundry Tub, Pantry, Roman Tub, Stacked Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Den/Library/Office, Family Room, Loft, Maid/In-Law Quarters, Utility Room/Laundry
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Entry Location: Foyer
  • Flooring: Carpet, Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 5699
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Spa Features: Community
  • Window Features: Hurricane Shutters
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs, Sitting Area - Primary Bedroom
  • Dining Room Features: Breakfast Area, Formal Dining, Snack Bar/Counter
  • Living Room Features: Den/Library/Office, Family Room, Loft, Maid/In-Law Quarters, Utility Room/Laundry

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Lake, Pool
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Southwest
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Balcony
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Pool/No Ocean Access, Lake
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: The Cove II
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub, Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 390
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Community Features: Clubhouse, Pool, Exercise Room, Gated Community, Maintained Community, Mandatory Hoa, Picnic Area, Security Patrol, Sidewalks, Spa/Hot Tub
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Manatee Bay
  • High School: Cypress Bay
  • Middle Or Junior School: Falcon Cove

Lot Info

  • Parcel Number: 503911040120
  • Lot Size Sq Ft: 18947
  • Zoning: PUD
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 14047

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2024
Sold by
Karoor Jose Thomas and Karoor Annie
Bought by
Karoor Jose Thomas and Karoor Annie Jose
Current Estimated Value
$1,930,918

Purchase Details

Listed on
Jan 13, 2023
Closed on
Mar 20, 2023
Sold by
Muci Habib Jesus Fadel and Muci Marta Alexandra
Bought by
Jose Thomas Karoor and Jose Annie
Seller's Agent
Rose Sklar
Coldwell Banker Realty
List Price
$1,795,000
Sold Price
$1,640,000
Premium/Discount to List
-$155,000
-8.64%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%
Original Mortgage
$984,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2019
Sold by
Fadel Habib Jesus and Simon Fadel Living Trust
Bought by
Gonzalez Gilbert E Deleaud and Hernandez Massiel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2010
Sold by
Nipo Investments Ltd
Bought by
Muei Habib Fadel Jesus and Defadel Marta Alexandra

Purchase Details

Closed on
Mar 22, 2002
Sold by
Arvida/Jmb Partners
Bought by
Nipo Investments Lte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6.62%
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
Karoor Jose Thomas -- None Listed On Document
Jose Thomas Karoor $1,640,000 First International Title
Gonzalez Gilbert E Deleaud $502,500 Attorney
Muei Habib Fadel Jesus -- Attorney
Nipo Investments Lte $755,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jose Thomas Karoor $984,000
Previous Owner Gonzalez Gilbert E Deleaud $402,000
Previous Owner Nipo Investments Lte $540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2023 03/21/23 Sold $1,640,000 -8.6% $288 / Sq Ft
01/13/2023 01/13/23 For Sale $1,795,000 -- $315 / Sq Ft
Source: MIAMI REALTORS® 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
2025 $28,409 $1,493,220 $227,360 $1,265,860
2024 $14,907 $1,493,220 $227,360 $1,265,860
2023 $14,907 $722,830 $0 $0
2022 $14,047 $701,780 $0 $0
2021 $13,660 $681,340 $0 $0
2020 $13,296 $671,940 $0 $0
2019 $12,971 $656,840 $0 $0
2018 $12,472 $644,600 $0 $0
2017 $11,853 $631,350 $0 $0
2016 $11,862 $618,370 $0 $0
2015 $12,083 $614,080 $0 $0
2014 $12,175 $609,210 $0 $0
2013 -- $986,150 $227,360 $758,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11323270

MIAMI REALTORS® MLS

APN: 50-39-11-04-0120