NOT LISTED FOR SALE

1543 Ormond Terrace Parrish, FL 34219

Estimated Value: $574,480 - $647,000

3 Beds
2 Baths
2,210 Sq Ft
$277/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $424,900 $192 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,042/month

14 Days on Market

Highlights

  • 20 Feet of Waterfront
  • Fitness Center
  • Home fronts a pond
  • Annie Lucy Williams Elementary School Rated A-
  • Screened Pool
  • Gated Community

About This Home

As of November 2020

Indulge your senses as you enter through the front door of this extraordinary home in Rivers Reach. Nature abounds as you drive through this scenic gated and secured community on the Manatee River’s edge. Take in the gorgeous heated saltwater pool (complete with waterfall, brick pavers and garden areas) and lake views from your custom great room, kitchen and owners suite. The Aqua Breeze model features 2,210 sq. ft., coffered ceilings, custom woodwork and walls, 3 bedrooms, 2 baths plus spacious den and dining rooms. Chef’s dream kitchen offers upgraded wood cabinetry, granite countertops, tasteful backsplash plus café area and island. With its split, open floorplan this home has space for all your visitors or family from the north! The newly lighted and tropical landscaping welcomes you from all sides of this home with sweeping palms and new lighting in the lanai. Spend time with family and friends on the oversized lanai/pool area cooking out and sipping on your favorite libation! 3-car side load garage with workshop is waiting for car enthusiasts. located on a large waterfront lot on cul-de-sac in this pristine community you’ll feel like you’re living on vacation. Community amenities include gathering area with resort-style pool and spa, outdoor entertainment area with gas grill and seating, private fitness center, youth play area, sand volleyball court, picnic areas, canoe and kayak launch area, and preserve and nature park on the Manatee River. Short distance to I-75, airports, dining and Florida’s sandy beaches.

Last Listed By

Lynda Melnick

WAGNER REALTY License #0619399 Listed on: 09/04/2020

WAGNER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,733

Year Built

  • Built in 2013

Lot Details

  • 0.34 Acre Lot
  • Home fronts a pond
  • 20 Feet of Waterfront
  • East Facing Home
  • Mature Landscaping
  • Property is zoned PDR

HOA Fees

  • $10 Monthly HOA Fees

Parking

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

Property Views

  • Lake
  • Pond

Home Design

  • Florida Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,210 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Coffered Ceiling
  • High Ceiling
  • Ceiling Fan
  • Shutters
  • Sliding Doors
  • Great Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Hurricane or Storm Shutters

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Gunite Pool
  • Saltwater Pool
  • Fence Around Pool

Outdoor Features

  • Water Access
  • Deck
  • Enclosed patio or porch
  • Exterior Lighting
  • Rain Gutters

Schools

  • Williams Elementary School
  • Buffalo Creek Middle School
  • Parrish Community High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Down Payment Assistance Available
  • Homestead Exemption
  • Visit Down Payment Resource Website
  • Tax Lot 30
  • Assessor Parcel Number 516102509
  • $2,877 per year additional tax assessments

Community Details

Overview

  • Association fees include common area taxes, community pool, escrow reserves fund, ground maintenance, pool maintenance, recreational facilities
  • Leland Management/Tammy Ball Association, Phone Number (941) 328-8664
  • Built by Neal
  • Rivers Reach Ph Ii Subdivision, Aqua Breeze Floorplan
  • Rivers Reach Community
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,733

Year Built

Built in 2013

Lot Details

0

HOA Fees

$10 per month

Parking

3

Listing Details

  • HOA Fee Includes: Common Area Taxes, Community Pool, Escrow Reserves Fund, Maintenance Grounds, Pool Maintenance, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2210
  • Lot Size Acres: 0.34
  • New Construction: No
  • Year Built: 2013
  • Building Area Total: 3277
  • Lot Size Sq Ft: 14880
  • Directions to Property: East on SR64 3 miles from I-75, turn left on Rye Road, 3 miles on left is Rivers Reach. Take Rivers Reach Blvd to 3rd left on Ormond Terrace.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4477259?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4477259?w=Customer
  • Floor Number: 1
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 192.26
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 129.66
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Shutters, Window Treatments
  • Street Number Modifier: 1543
  • Room Count: 8
  • Additional Rooms: Breakfast Room Separate, Den/Library/Office, Formal Dining Room Separate, Great Room

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite, Heated, In Ground, Salt Water, Screen Enclosure
  • Exterior Features: Hurricane Shutters, Irrigation System, Lighting, Rain Gutters, Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • View: Water
  • Water Body Name: Rivers Reach Pond
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Enclosed, Screened
  • Road Surface Type: Paved
  • Water View: Lake, Pond
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Waterfront Frontage: 20
  • Water Frontage Feet Pond: 20
  • Additional Water Information: Water frontage approximate

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Available, Electricity Connected, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • 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: Deed Restrictions, Fitness, Gated Community, Irrigation-Reclaimed Water, Playground, Pool, Sidewalk, Water Access, Waterfront
  • Association Amenities: Fitness Center, Gated, Playground, Pool, Spa/Hot Tub, Trail(s)
  • Association Fee: 123
  • Association Fee Frequency: Annually
  • Association Name: Leland Management/Tammy Ball
  • Phone: 941-328-8664
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Association Email: tball@lelandmanagement.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 123
  • Monthly HOA Fee: 10.25
  • Total Monthly Fees: 10.25

Schools

  • Elementary School: Williams Elementary
  • High School: Parrish Community High
  • Middle Or Junior School: Buffalo Creek Middle

Lot Info

  • Zoning: PDR
  • Parcel Number: 516102509
  • Additional Parcels: No
  • Flood Zone Code: X

Building Info

  • Builder Name: Neal

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Minimum Lease: 6 Months
  • Approval Process: See HOA regulations
  • Pet Restrictions: See HOA regulations
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See HOA regulations

Tax Info

  • Tax Annual Amount: 6733.48
  • Tax Book Number: 52-161
  • Tax Lot: 30
  • Tax Other Annual Assessment Amount: 2877

Multi Family

  • Waterfront Features: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Oct 30, 2020
Sold by
Welch Walter R and Welch Dana L
Bought by
Kangaloo Landy and Kangaloo Ferolyn
Seller's Agent
Lynda Melnick
WAGNER REALTY
Buyer's Agent
William Wu
KW SUNCOAST
List Price
$424,900
Sold Price
$424,900
Total Days on Market
14
Current Estimated Value
$611,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,720
Avg. Annual Appreciation
8.39%
Original Mortgage
$212,000
Outstanding Balance
$190,789
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$420,831

Purchase Details

Closed on
Mar 3, 2017
Sold by
Deland Robert W and Deland Patricia A
Bought by
Welch Walter R and Welch Dana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,135
Interest Rate
4.19%
Mortgage Type
VA

Purchase Details

Closed on
Nov 3, 2014
Sold by
Deland Robert W and Deland Patricia A
Bought by
Deland Trust

Purchase Details

Listed on
Jun 28, 2013
Closed on
Apr 21, 2014
Sold by
River Reach Associates Llc
Bought by
Deland Robert W and Deland Patricia A
Seller's Agent
Austin Solari
COLDWELL BANKER REALTY
Buyer's Agent
Austin Solari
COLDWELL BANKER REALTY
List Price
$271,697
Sold Price
$275,317
Premium/Discount to List
$3,620
1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%

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
Kangaloo Landy $424,900 Attorney
Welch Walter R $405,000 Attorney
Deland Trust -- Attorney
Deland Robert W $275,317 Allegiant Title Professional
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kangaloo Landy $212,000
Previous Owner Welch Walter R $381,135
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $424,900 0.0% $192 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $424,900 0.0% $192 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $424,900 +54.3% $192 / Sq Ft
04/21/2014 04/21/14 Sold $275,317 -3.5% $123 / Sq Ft
04/02/2014 04/02/14 Pending -- -- --
02/14/2014 02/14/14 Price Changed $285,317 +0.2% $128 / Sq Ft
10/19/2013 10/19/13 Price Changed $284,697 +1.8% $128 / Sq Ft
10/01/2013 10/01/13 Price Changed $279,697 +1.1% $125 / Sq Ft
08/19/2013 08/19/13 Price Changed $276,697 +0.7% $124 / Sq Ft
07/03/2013 07/03/13 Price Changed $274,697 +1.1% $123 / Sq Ft
06/28/2013 06/28/13 For Sale $271,697 -- $122 / 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 $7,307 $336,025 -- --
2023 $7,307 $326,238 $0 $0
2022 $7,130 $316,736 $0 $0
2021 $7,188 $307,511 $40,000 $267,511
2020 $7,177 $288,951 $40,000 $248,951
2019 $6,733 $287,526 $40,000 $248,951
2018 $6,433 $282,165 $30,000 $252,165
2017 $6,075 $273,387 $0 $0
2016 $5,880 $267,764 $0 $0
2015 $3,843 $265,903 $0 $0
2014 $3,843 $213,356 $0 $0
2013 $418 $26,750 $26,750 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4477259

Stellar MLS

APN: 5161-0250-9