NOT LISTED FOR SALE

Estimated Value: $509,000 - $640,846

5 Beds
3.5 Baths
2,921 Sq Ft
$191/Sq Ft Est. Value

Last Sold August 13, 2020

Last sale price $339,000 $116 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,680/month

174 Days on Market

Highlights

  • Lake Front
  • Community Pool
  • Formal Dining Room
  • Gated Community
  • Community Basketball Court
  • 3 Car Attached Garage

About This Home

As of August 2020

Sought out in the Beautiful community of Magnolia Lakes!! Conveniently located in Gateway!! This home is ready for you to move right in!! Enjoy the Fantastic western exposure lake front home and the the comforting sound of the waterfall right out side your Lanai, the Sunsets there are breathtaking! Home Features 2921 sqft of living space, 5 bedrooms 3 full bathrooms and a half bath. The whole interior has been painted with a modern color, new flooring throughout (No Carpets) modern light fixtures and updated appliances! Gateway also offers a community pool, basketball court, volleyball courts, bike/jog paths, soccer fields, charter school, churches, restaurants, and it is close to I-75, Jet Blue Stadium & SWFL Intl Airport.

Last Agent to Sell the Property

Laura Negron

Marc Joseph Realty License #258016561 Listed on: 01/21/2020

Co-Listed By

Marc Joseph

Marc Joseph Realty License #258000663

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,980

Year Built

  • Built in 2006

Lot Details

  • 9,845 Sq Ft Lot
  • Lot Dimensions are 80 x 120 x 80 x 120
  • Lake Front
  • East Facing Home
  • Rectangular Lot
  • Property is zoned PUD

HOA Fees

  • $274 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 2,921 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Formal Dining Room
  • Tile Flooring
  • Lake Views
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Dual Sinks
  • Bathtub
  • Separate Shower

Schools

  • School Choice Elementary And Middle School
  • School Choice High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 91
  • Assessor Parcel Number 05-45-26-08-00000.0910

Community Details

Overview

  • Association fees include cable TV, ground maintenance, street lights, trash
  • Association Phone (239) 454-1101
  • Magnolia Lakes Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Basketball Court
  • Community Pool
  • Park
  • Dog Park
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,980

Year Built

Built in 2006

Lot Details

0

HOA Fees

$274 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.226
  • Lot Size: 80 x 120 x 80 x 120
  • Road Frontage Type: See Remarks
  • Road Surface Type: Paved
  • Co List Office Mls Id: FMJR
  • Co List Office Phone: (239) 939-1145
  • Ownership: Single Family
  • Subdivision Name: MAGNOLIA LAKES
  • Architectural Style: Other, Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2006
  • ResoBuildingAreaSource: SeeRemarks
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Tile
  • Interior Amenities: Bathtub, Separate/Formal Dining Room, Dual Sinks, Family/Dining Room, Living/Dining Room, See Remarks, Separate Shower
  • Living Area: 2921.0
  • Stories: 2
  • Window Features: Other
  • ResoLivingAreaSource: SeeRemarks

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: Community
  • Pool Private: No
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Exterior Features: Room For Pool
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage, Two Spaces, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated
  • Amenities: Basketball Court, Dog Park, Barbecue, Picnic Area, Park, Pool, See Remarks, Trail(s)
  • Association #2 Fee: 274.0
  • Association #2 Fee Frequency: Monthly
  • Phone: 239-454-1101
  • Association: Yes
  • Pets Allowed: Call, Conditional

Fee Information

  • Association Fee Includes: Cable TV, Maintenance Grounds, Street Lights, Trash

Schools

  • Elementary School: SCHOOL CHOICE
  • High School: SCHOOL CHOICE
  • Middle Or Junior School: SCHOOL CHOICE

Lot Info

  • Parcel #: 05-45-26-08-00000.0910
  • Zoning Description: PUD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4980.0
  • Tax Lot: 91
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2020
Closed on
Aug 13, 2020
Sold by
Hashmi Rehan
Bought by
Smith Gena M and Welker Jay M
Seller's Agent
Laura Negron
Marc Joseph Realty
List Price
$364,900
Sold Price
$339,000
Premium/Discount to List
-$25,900
-7.1%
Current Estimated Value
$558,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,712
Avg. Annual Appreciation
10.06%
Original Mortgage
$275,946
Outstanding Balance
$244,783
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$313,929

Purchase Details

Closed on
Dec 19, 2018
Sold by
Citimortgage Inc
Bought by
Hashmi Rehan

Purchase Details

Closed on
Apr 15, 2014
Sold by
Hagan Alex
Bought by
Citimortgage Inc

Purchase Details

Closed on
May 30, 2012
Sold by
Hagan Alex
Bought by
Landis Jesse and Kroeter Marina

Purchase Details

Closed on
Sep 2, 2008
Sold by
Indymac Federal Bank Fsb
Bought by
Hagan Alex and Hagan Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,063
Interest Rate
6.36%
Mortgage Type
Unknown

Purchase Details

Closed on
May 27, 2008
Sold by
Mai Uyen L and Nguyen Linh
Bought by
Indymac Bank Fsb

Purchase Details

Closed on
Apr 4, 2006
Sold by
Beazer Homes Corp
Bought by
Nguyen Lihn and Mai Uyen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,950
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Smith Gena M $339,000 First American Title
Hashmi Rehan $222,810 Servicelink Llc
Citimortgage Inc $196,100 None Available
Landis Jesse $15,700 None Available
Hagan Alex $260,000 Attorney
Indymac Bank Fsb -- Attorney
Nguyen Lihn $487,300 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Gena M $275,946
Previous Owner Hagan Alex $258,063
Previous Owner Nguyen Lihn $379,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2020 08/13/20 Sold $339,000 -7.1% $116 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $364,900 -- $125 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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 $5,703 $362,633 -- --
2024 $5,703 $352,413 -- --
2023 $4,661 $290,196 $0 $0
2022 $4,474 $275,136 $0 $0
2021 $4,362 $271,126 $72,960 $198,166
2020 $4,669 $260,834 $71,600 $189,234
2019 $4,208 $223,831 $70,950 $152,881
2018 $4,980 $253,563 $70,950 $182,613
2017 $4,903 $247,913 $62,500 $185,413
2016 $4,647 $232,756 $62,500 $170,256
2015 $4,481 $221,012 $60,000 $161,012
2014 -- $203,185 $45,000 $158,185
2013 -- $164,498 $38,500 $125,998
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220003736

Florida Gulf Coast Multiple Listing Service

APN: 05-45-26-08-00000.0910