NOT LISTED FOR SALE

1524 Cherry Ridge Dr Lake Mary, FL 32746

Estimated Value: $791,000 - $807,000

4 Beds
5 Baths
3,091 Sq Ft
$258/Sq Ft Est. Value

Last Sold January 13, 2020

Last sale price $500,000 $162 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,095/month

20 Days on Market

Highlights

  • Golf Course Community
  • Screened Pool
  • Open Floorplan
  • Heathrow Elementary School Rated A
  • Gated Community
  • Clubhouse

About This Home

As of January 2020

One Owner. Seller has taken great care to prepare this beautiful home for its next owner. This pool home has 4 Bedrooms – Master down plus Office, 3 full and 2 half baths (one is an outside pool bath) in one of Seminole County's most cherished communities. Recently updated Master Bath with Floor to Ceiling shower and Kohler Multiple Shower Head System. Gorgeous floating vanity, granite counter tops, double sinks and designer lighting. Kitchen updated with custom cabinetry with soft close drawers, granite counter tops, stainless appliances, built in table height counter, 2 walk in pantries with organizers and built in desk with overhead cabinets. All new carpet has been recently installed, marble floors polished, secondary bedrooms all freshly painted, pool resurfaced, exterior pressure washed, roof replaced in 2018, Tankless Water Heater and new mulch in landscaping. This home is move in ready and available for immediate occupancy. This wonderful home is waiting for you… please see all photos and video tour.

Last Agent to Sell the Property

Teresa Parker

PREMIER SOTHEBYS INT'L REALTY License #677044 Listed on: 10/24/2019

PREMIER SOTHEBYS INT'L REALTY

Last Buyer's Agent

Mahdi Jaffer

EXP REALTY LLC License #3225530

EXP REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,610

Year Built

  • Built in 1997

Lot Details

  • 10,371 Sq Ft Lot
  • Property fronts a private road
  • Southwest Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Property is zoned PUD

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Pad
  • Garage Door Opener
  • Driveway
  • Secured Garage or Parking
  • Open Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,091 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Family Room Off Kitchen
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Inside Utility
  • Pool Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Trash Compactor
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Porcelain Tile
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Gate
  • Fire and Smoke Detector

Pool

  • Screened Pool
  • In Ground Pool
  • In Ground Spa
  • Gunite Pool
  • Fence Around Pool
  • Outside Bathroom Access
  • Child Gate Fence
  • Pool Lighting

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, escrow reserves fund, private road, security
  • $117 Other Monthly Fees
  • Sentry Management / Deanna Sims Association, Phone Number (407) 788-6700
  • Heathrow Cherry Ridge Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to building or community restrictions, deed restrictions, fencing, allowable golf cart usage in the community, vehicle restrictions
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Community Basketball Court
  • Recreation Facilities
  • Community Playground
  • Park

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,610

Year Built

Built in 1997

Lot Details

0

HOA Fees

$40 per month

Parking

3

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Escrow Reserves Fund, Private Road, Security
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3091
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1997
  • Building Area Total: 4083
  • Lot Size Sq Ft: 10371
  • Directions to Property: Directions I-4 west lake mary blvd follow to Heathrow Golf and Country Club enterance, turn into go to gate need license and photo id follow to Cherry Ridge community on the left, turn into home will be on the right shortly after entry
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5820816?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5820816?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Other Fees Amount: 351
  • Ratio: Close Price\List Price: 0.95238
  • Price per Sq Ft: 161.76
  • Close to Original List Price Ratio: 0.95238
  • Ratio: Current Price\Building Area Total: 122.46
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Engineered Hardwood, Porcelain Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Tankless Water Heater, Trash Compactor, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Blinds
  • Street Number Modifier: 1524
  • Room Count: 10
  • Additional Rooms: Breakfast Room Separate, Den/Library/Office, Family Room, Formal Dining Room Separate, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: Child Safety Fence, Gunite, In Ground, Lighting, Outside Bath Access, Screen Enclosure
  • Exterior Features: Irrigation System, Rain Gutters, Sidewalk
  • Roof: Shingle
  • Pool Private: Yes
  • Road Frontage Type: Private Road
  • View: Pool
  • Waterfront: No
  • Patio and Porch Features: Covered, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Oversized, Parking Pad
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Sprinkler Meter, Street Lights, Underground Utilities, Water Available
  • Cooling: Central Air, Zoned
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Gated Community, Golf Carts OK, Golf, Park, Playground, Sidewalk, Special Community Restrictions
  • Association Amenities: Basketball Court, Clubhouse, Fence Restrictions, Gated, Maintenance, Park, Playground, Recreation Facilities, Security, Vehicle Restrictions
  • Association Fee: 120
  • Association Fee Frequency: Quarterly
  • Association Name: Sentry Management / Deanna Sims
  • Phone: 407-788-6700
  • Association: Yes
  • Security: Gated Community, Secured Garage/Parking, Security Gate, Security System, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Other Fees Term: Quarterly
  • Amenities Additional Fees: Golf, Pool,Tennis, Fitness Center through Country Club Membership
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 1884
  • Monthly HOA Fee: 40
  • Total Monthly Fees: 157

Lot Info

  • Zoning: PUD
  • Parcel Number: 0220295UY00000160
  • Additional Parcels: No
  • Lot Features: Sidewalk
  • Flood Zone Code: X
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 1-2 Years
  • Pet Restrictions: Consult HOA for Current Policy
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please refer to HOA Rules for Leasing Restrictions

Tax Info

  • Tax Annual Amount: 4610.5
  • Tax Block: 0000
  • Tax Book Number: 52-24
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2019
Closed on
Jan 13, 2020
Sold by
Hernandez Megan J and Hernandez Douglas
Bought by
Rahman Ivonne and Rahman Sayedul
Seller's Agent
Teresa Parker
PREMIER SOTHEBYS INT'L REALTY
Buyer's Agent
Mahdi Jaffer
EXP REALTY LLC
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Current Estimated Value
$797,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,951
Avg. Annual Appreciation
8.43%
Original Mortgage
$152,625
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 23, 1997
Sold by
Centex Homes
Bought by
Hernandez Megan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,100
Interest Rate
7.26%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Rahman Ivonne $500,000 Attorney
Hernandez Megan J $238,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahman Ivonne $148,733
Closed Rahman Ivonne $152,625
Previous Owner Hernandez Megan J $198,600
Previous Owner Hernandez Megan J $43,962
Previous Owner Hernandez Megan J $214,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2020 01/13/20 Sold $500,000 -4.8% $162 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
10/24/2019 10/24/19 For Sale $525,000 -- $170 / 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 $8,480 $658,942 $130,000 $528,942
2023 $7,955 $537,397 $0 $0
2021 $6,367 $444,130 $105,000 $339,130
2020 $6,105 $421,891 $0 $0
2019 $4,651 $351,790 $0 $0
2018 $4,611 $345,231 $0 $0
2017 $4,589 $338,130 $0 $0
2016 $4,672 $333,493 $0 $0
2015 $4,488 $328,873 $0 $0
2014 $4,488 $326,263 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5820816

Stellar MLS

APN: 02-20-29-5UY-0000-0160