NOT LISTED FOR SALE

1543 Redwood Grove Terrace Lake Mary, FL 32746

Alaqua Neighborhood

Estimated Value: $741,672 - $890,000

4 Beds
3 Baths
2,754 Sq Ft
$297/Sq Ft Est. Value

Last Sold August 15, 2013

Last sale price $432,000 $157 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $5,059/month

66 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Contemporary Architecture
  • Heathrow Elementary School Rated A
  • Open Floorplan
  • Wood Flooring

About This Home

As of August 2013

Home for sale in the Gated Golf Community of Magnolia Plantation. Home has 4 bedrooms 3 bath home plus Den with French Doors off foyer and updated throughout with almost 2800 square feet in spacious open floor plan. Tile floors and cherry hardwood floorsin most living areas. True Formal Dining Room, Family (Great) Room open to Kitchen and Breakfast Area and Split Bedroom Plan. Home features Architectural details throughout with arches, columns, recessed ceilings and nooks. Kitchen has wood cabinets & granite countertops which open to Breakfast Nook and Great Room. Plantation shutters in main living area. All three full bathrooms feature granite countertops. Large landscaped backyard that has plenty of room for adding a pool. Magnolia is a golf communitywith playground and 2 newly painted tennis courts.

Last Agent to Sell the Property

Freddie Crespo

INVESTOR'S REAL ESTATE LLC License #3146720 Listed on: 03/08/2013

Last Buyer's Agent

Federico Crespo, Sr

License #3205399

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,467

Year Built

  • Built in 2002

Lot Details

  • 0.36 Acre Lot
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees

HOA Fees

  • $118 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Rear-Facing Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stone Siding
  • Stucco

Interior Spaces

  • 2,754 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Sliding Doors
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room
  • Fire and Smoke Detector
  • Laundry in unit
  • Attic

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2840
  • Assessor Parcel Number 03-20-29-5PS-0000-2840

Community Details

Overview

  • Magnolia Plantation Ph 3 Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Playground

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,467

Year Built

Built in 2002

Lot Details

0

HOA Fees

$118 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stone, Stucco
  • Fireplace: No
  • Living Area: 2754
  • Lot Size Acres: 0.36
  • New Construction: No
  • Year Built: 2002
  • Building Area Total: 3811
  • Lot Size Sq Ft: 15873
  • Directions to Property: Lake Mary Blvd. West to R on Markham Wood Rd, Left into Magnolia Plantation Gate-Must show Realtor License for access
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1053854
  • RATIO Current Price By Calculate: 156.86
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 3
  • Interior Amenities: Attic, Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Street Number Modifier: 1543
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Attic,Formal Dining Room Separate,Formal Living Room Separate
  • Room Count: 10

Exterior Features

  • Exterior Features: Sliding Doors, Irrigation System
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Water Extras YN: 0
  • Water View YN: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Garage Faces Rear, Garage Faces Side

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated, Golf, Playground, Tennis Courts
  • Association Amenities: Gated, Playground, Recreation Facilities, Tennis Court(s)
  • Association Fee: 355
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1420.00
  • Total Monthly Fees: 118.33

Lot Info

  • Zoning: RES
  • Parcel Number: 03-20-29-5PS-0000-2840
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk
  • Homestead YN: 1
  • Future Land Use: 01

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2013-08-15T00:00:00.000

Tax Info

  • Tax Annual Amount: 4467
  • Tax Block: 0000
  • Tax Book Number: 0057/0031
  • Tax Lot: 2840

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2013
Closed on
Aug 1, 2013
Bought by
Moo Wai C
Seller's Agent
Freddie Crespo
INVESTOR'S REAL ESTATE LLC
Buyer's Agent
Federico Crespo, Sr
List Price
$449,900
Sold Price
$432,000
Premium/Discount to List
-$17,900
-3.98%
Current Estimated Value
$819,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,349
Avg. Annual Appreciation
5.13%
Original Mortgage
$336,960
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2009
Sold by
Goldstein William B and Goldstein Elinor
Bought by
Vudathala Kiran and Sharma Roopa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.19%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 7, 2005
Sold by
Bellaire Prescott J and Bellaire Lynne A
Bought by
Goldstein William B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,800
Interest Rate
5.62%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 9, 2002
Sold by
Centex Homes C
Bought by
Bellaire Prescott J and Bellaire Lynne A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.8%
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
Moo Wai C $432,000 --
Vudathala Kiran $408,000 Vision Title Of Seminole Cou
Goldstein William B $438,000 --
Bellaire Prescott J $318,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moo Wai Cheng $100,000
Open Moo Wai C $292,000
Closed Moo Wai C $292,000
Closed Moo Wai Cheng $336,960
Previous Owner Vudathala Kiran $150,000
Previous Owner Vudathala Kiran $204,000
Previous Owner Goldstein William B $150,000
Previous Owner Goldstein William B $43,800
Previous Owner Goldstein William B $350,400
Previous Owner Bellaire Prescott J $53,416
Previous Owner Bellaire Prescott J $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2014 06/16/14 Off Market $432,000 -- --
08/15/2013 08/15/13 Sold $432,000 -2.9% $157 / Sq Ft
05/14/2013 05/14/13 Pending -- -- --
05/07/2013 05/07/13 Price Changed $444,900 -1.1% $162 / Sq Ft
03/08/2013 03/08/13 For Sale $449,900 -- $163 / 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 $5,464 $430,575 -- --
2023 $5,337 $418,034 $0 $0
2021 $5,131 $394,037 $0 $0
2020 $5,094 $388,597 $0 $0
2019 $5,048 $379,860 $0 $0
2018 $5,005 $372,777 $0 $0
2017 $4,982 $365,110 $0 $0
2016 $5,451 $386,180 $0 $0
2015 $5,867 $387,984 $0 $0
2014 $5,867 $377,837 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5147655

Stellar MLS

APN: 03-20-29-5PS-0000-2840