NOT LISTED FOR SALE

11704 Summer Meadow Dr Unit 3 Lakewood Ranch, FL 34202

Estimated Value: $559,397 - $645,000

3 Beds
3 Baths
2,568 Sq Ft
$228/Sq Ft Est. Value

Last Sold February 28, 2013

Last sale price $260,000 $101 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $3,811/month

123 Days on Market

Highlights

  • Heated Indoor Pool
  • Open Floorplan
  • Main Floor Primary Bedroom
  • Lakewood Ranch High School Rated A-
  • Contemporary Architecture
  • End Unit

About This Home

As of February 2013

LOOK NO FURTHER... THIS IS THE ONE! Beautiful & spacious (over 2500 square feet) 3 Bedroom + den, 2 Bath pool home nestled on a huge, peaceful, cul-de-sac lot in popular Summerfield Village at Lakewood Ranch. A bright & cheerful foyer entry greets you as you enter this lovely home. With both a living room & family room, you have perfect flow for day to day family living as well as ideal gathering spaces for entertaining guests. The lovely arched windows in the combination living room/dining room area, w/ built in wet bar, offer a light & bright mood to this large, open space highlighted by vaulted ceilings. You'll love the cook's kitchen, graced by lots of warm wood cabinetry for storage, a sunny breakfast nook, a built in desk area, decorative plant shelves, & open to the sizable family room for visiting with family or guests while preparing snacks or meals. The open, split floor plan offers privacy for the vast master suite featuring tray ceilings & built in organizers in the huge walk in closet. The master bath is a sanctuary bathed in sunlight coming through lovely arched windows & including a garden tub with separate shower & double sinks. A large bonus room could be used as a media room or playroom for the kids. The screened in pool area is the perfect place to relax & cool off with a refreshing dip at the end of a scorching day. Nearby Summerfield Community park offers: tennis courts, ball fields, basketball, & playgrounds for the active family.

Last Agent to Sell the Property

Bob Serena

LIMBO COMPANY SARASOTA ASSOC License #0473587 Listed on: 10/04/2012

Last Buyer's Agent

David O'brien

STAR BAY REALTY CORP. License #3153772

STAR BAY REALTY CORP.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,020

Year Built

  • Built in 1998

Lot Details

  • 0.35 Acre Lot
  • North Facing Home
  • Oversized Lot
  • Property is zoned PDR/WPE/ST

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Rear-Facing Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Florida Architecture
  • Planned Development
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,568 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Inside Utility
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Heated Indoor Pool
  • Screened Pool
  • Spa
  • Fence Around Pool
  • Child Gate Fence

Schools

  • Mcneal Elementary School
  • Nolan Middle School
  • Lakewood Ranch High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include recreational facilities
  • Summerfield Village Community
  • Summerfield Village Ph D Unit 3A Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,020

Year Built

Built in 1998

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • HOA Fee Includes: Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2568
  • Lot Size Acres: 0.35
  • New Construction: No
  • Year Built: 1998
  • Building Area Total: 3238
  • Lot Size Sq Ft: 15100
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=M5832247&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=M5832247&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Subdivision Num: 584123
  • Property Description: End Unit
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 1.00038
  • Price per Sq Ft: 101.25
  • Close to Original List Price Ratio: 0.75384
  • Ratio: Current Price\Building Area Total: 80.3
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: 4116

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Gas Water Heater, Microwave Hood, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Room Count: 11
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Pool Features: Child Safety Fence, Heated, Indoor, Screen Enclosure
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Faces Rear, Garage Faces Side, Parking Pad
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Gas, Public, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Park, Playground
  • Association Amenities: Park, Playground
  • Association Fee: 180
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Security System Owned, Smoke Detector(s)
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 180
  • Total Monthly Fees: 15

Schools

  • Elementary School: McNeal Elementary
  • High School: Lakewood Ranch High
  • Middle Or Junior School: Nolan Middle

Lot Info

  • Zoning: PDR/WPE/ST
  • Parcel Number: 584160709
  • Additional Parcels: No
  • Lot Features: In County, Oversized Lot, Sidewalk
  • Millage Rate: 16.36
  • Future Land Use: 0100
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 6 Months
  • Num Timesper Year: 2
  • Expected Lease Date: 2013-02-28T05:00:00.000Z

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 5020
  • Tax Book Number: 0033/0072
  • Tax Lot: 18
  • Tax Other Annual Assessment Amount: 1185

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2014
Sold by
Thr Florida Lp
Bought by
2014-2 Ih Borrower Lp
Current Estimated Value
$586,349

Purchase Details

Listed on
Oct 4, 2012
Closed on
Feb 28, 2013
Sold by
Federal National Mortgage Association
Bought by
Thr Florida Lp
Seller's Agent
Bob Serena
LIMBO COMPANY SARASOTA ASSOC
Buyer's Agent
David O'brien
STAR BAY REALTY CORP.
List Price
$259,900
Sold Price
$260,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%

Purchase Details

Closed on
Oct 2, 2012
Sold by
Schwaeber Jeffrey S and Bank Of America Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 14, 2004
Sold by
Gledhill James B and Gledhill Melanie S
Bought by
Schwaeber Jeffrey S and Schwaeber Wendy J

Purchase Details

Closed on
Aug 29, 2000
Sold by
Mcnichols Robert A and Mcnichols Patricia A
Bought by
Gledhill James B and Gledhill Melanie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
8.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 1998
Sold by
B W Gen Contractors Inc
Bought by
Mcnichols Robert A and Mcnichols Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
6.94%
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
2014-2 Ih Borrower Lp -- None Available
Thr Florida Lp $260,000 Attorney
Federal National Mortgage Association -- None Available
Schwaeber Jeffrey S $325,000 Masters Title Services Of Ma
Gledhill James B $235,000 --
Mcnichols Robert A $196,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gledhill James B $188,000
Previous Owner Mcnichols Robert A $157,000
Closed Schwaeber Jeffrey S $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2013 02/28/13 Sold $260,000 0.0% $101 / Sq Ft
02/05/2013 02/05/13 Pending -- -- --
01/30/2013 01/30/13 For Sale $259,900 0.0% $101 / Sq Ft
01/14/2013 01/14/13 Pending -- -- --
12/19/2012 12/19/12 Price Changed $259,900 -10.3% $101 / Sq Ft
11/28/2012 11/28/12 Price Changed $289,900 -9.4% $113 / Sq Ft
10/04/2012 10/04/12 For Sale $319,900 -- $125 / 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
2025 $8,727 $484,667 -- --
2024 $8,727 $566,939 $35,700 $531,239
2023 $8,727 $574,489 $35,700 $538,789
2022 $7,639 $463,157 $35,000 $428,157
2021 $6,419 $335,994 $35,000 $300,994
2020 $6,216 $300,940 $35,000 $265,940
2019 $6,456 $310,901 $35,000 $275,901
2018 $6,403 $307,614 $35,000 $272,614
2017 $6,124 $311,147 $0 $0
2016 $6,033 $303,162 $0 $0
2015 $5,330 $293,249 $0 $0
2014 $5,330 $252,704 $0 $0
2013 $5,153 $225,629 $33,500 $192,129
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: M5832247

Stellar MLS

APN: 5841-6070-9