NOT LISTED FOR SALE

1548 Redwood Grove Terrace Lake Mary, FL 32746

Alaqua Neighborhood

Estimated Value: $964,000 - $1,025,543

5 Beds
4 Baths
3,289 Sq Ft
$302/Sq Ft Est. Value

Last Sold May 11, 2022

Last sale price $950,000 $289 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,444/month

3 Days on Market

Highlights

  • Screened Pool
  • Gated Community
  • Family Room with Fireplace
  • Heathrow Elementary School Rated A
  • Golf Course View
  • Engineered Wood Flooring

About This Home

As of May 2022

Wow, a young tile ROOF (installed 2020) in this immaculately kept 5 bedroom/4 bath home will impress any buyer looking for an exceptionally well maintained home. Upgraded stacked stone elevation flanks custom designed front door and leads guests into the living area featuring high ceilings and with beautiful wood flooring. Separate dining room with tray ceilings and crown molding lends a more formal feeling to get- togethers while the casual family room that overlooks the pool area is great for the informal settings. The eye-catching stone fireplace serves as the focal point in the large family room and creates a warm ambiance during the holiday season. Cook’s delight kitchen features 42” cabinetry, all stainless steel appliances including range with double ovens, center island, granite counters, stone-tiled backsplash walk-in storage and a separate wet bar/pantry dividing the kitchen from the dining room. Split bedroom plan with the primary on one side ensures privacy and features the 5th bedroom that the owners use as an office. Pavered, large covered lanai, and pool/spa overlooks conservation area and features outdoor living complete with the ”egg” grill as well as a vented stainless steel cooking grill. Pavered lanai surrounds pool/spa area and overlooks a gorgeous view of the Wekiva conservation forest. Grill masters will appreciate the outdoor kitchen and will enjoy the vented stainless steel grill complemented with “the egg” for serious cooks. The Brittany Manor is a popular floor plan - all rooms are downstairs with the exception of the huge bonus room and full bath upstairs. Magnolia Plantation, where nature and families coexist, offers a community with a beautiful park, playground, tennis courts, large lot sizes, and far enough away from I4 noise yet still close to all the city amenities. . This property may be under audio/video surveillance.

Last Agent to Sell the Property

Margaret Summers

COLDWELL BANKER REALTY License #493627 Listed on: 04/11/2022

COLDWELL BANKER REALTY

Last Buyer's Agent

Olaf Stenger

CENTURY 21 INTEGRA License #3447936

CENTURY 21 INTEGRA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,164

Year Built

  • Built in 2002

Lot Details

  • 0.39 Acre Lot
  • East Facing Home
  • Property is zoned PUD

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage

Property Views

  • Golf Course
  • Woods

Home Design

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

Interior Spaces

  • 3,289 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Family Room with Fireplace
  • Separate Formal Living Room
  • Formal Dining Room
  • Bonus Room
  • Inside Utility

Kitchen

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

Flooring

  • Engineered Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Reclaimed Water Irrigation System
  • Outdoor Kitchen

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, recreational facilities
  • Sentry Management/Marlo Sanders Association, Phone Number (407) 788-5700
  • Visit Association Website
  • Magnolia Plantation Ph 3 Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Community Playground
  • Park

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,164

Year Built

Built in 2002

Lot Details

0

HOA Fees

$150 per month

Parking

3

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stone, Stucco
  • Fireplace: Yes
  • Living Area: 3289
  • Lot Size Acres: 0.39
  • New Construction: No
  • Year Built: 2002
  • Lot Size Sq Ft: 17097
  • Directions to Property: I4 to Lake Mary exit...go west to Markham Woods road, then go right. Magnolia Plantation is on the left. Stop at guard gate then follow main road to Shadowmoss circle....turn left. Go to the SECOND LEFT REDWOOD GROVE.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6017024?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6017024?w=Customer
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: Yes
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 288.84
  • Close to Original List Price Ratio: 1
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Family Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Engineered Hardwood, Tile
  • Full Bathrooms: 4
  • Interior Amenities: Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Master Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Street Number Modifier: 1548
  • Room Count: 11
  • Additional Rooms: Bonus Room, Family Room, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite, Heated, In Ground, Screen Enclosure
  • Exterior Features: Irrigation System, Outdoor Kitchen, Sidewalk
  • Roof: Tile
  • Pool Private: Yes
  • View: Golf Course, Trees/Woods
  • Waterfront: No
  • 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: Garage Faces Side
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sprinkler Recycled, Street Lights
  • Cooling: Central Air, Zoned
  • Heating: Electric, Zoned
  • 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, Irrigation-Reclaimed Water, Park, Playground, Sidewalk, Tennis Courts
  • Association Amenities: Gated, Park, Playground, Tennis Court(s)
  • Association Fee: 450
  • Association Fee Frequency: Quarterly
  • Association Name: Sentry Management/Marlo Sanders
  • Phone: 407-788-5700
  • Association: Yes
  • Security: Gated Community, Security System, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Website: www.magnoliaplantation.net
  • Association Email: msanders@sentrymgt.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 1800
  • Monthly HOA Fee: 150
  • Total Monthly Fees: 150

Lot Info

  • Zoning: PUD
  • Parcel Number: 03-20-29-5PS-0000-3100
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk
  • Flood Zone Code: x
  • Zoning Compatible Y N: Yes

Green Features

  • Green Water Conservation: Irrigation-Reclaimed Water

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Large (61-100 Lbs.)
  • Minimum Lease: 8-12 Months
  • Approval Process: Call Sentry Management for info.
  • Pet Restrictions: Call Seminole County for county restrictions.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Call Sentry Management for more information.

Tax Info

  • Tax Annual Amount: 6163.92
  • Tax Block: 0000
  • Tax Book Number: 57-31
  • Tax Lot: 310

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2022
Closed on
May 10, 2022
Sold by
Goodwin and Tracy
Bought by
Brooks Kenneth and Brooks Laura
Seller's Agent
Margaret Summers
COLDWELL BANKER REALTY
Buyer's Agent
Olaf Stenger
CENTURY 21 INTEGRA
List Price
$950,000
Sold Price
$950,000
Current Estimated Value
$994,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,636
Avg. Annual Appreciation
0.73%

Purchase Details

Closed on
Mar 23, 2007
Sold by
Timmons Michael S and Timmons Kelli E
Bought by
Goodwin James and Goodwin Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2002
Sold by
Centex Homes C
Bought by
Timmons Michael S and Timmons Kelli E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2002
Bought by
Goodwin James and Goodwin Tracy
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
Brooks Kenneth $950,000 Sunbelt Title
Goodwin James $780,000 First American Title Ins Co
Timmons Michael S -- --
Goodwin James $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooks Kenneth $27,000
Previous Owner Goodwin James $327,700
Previous Owner Goodwin James $328,900
Previous Owner Goodwin James $331,000
Previous Owner Timmons Michael $300,000
Previous Owner Timmons Michael S $333,000
Previous Owner Timmons Michael S $339,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2022 05/11/22 Sold $950,000 0.0% $289 / Sq Ft
04/15/2022 04/15/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $950,000 -- $289 / 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 $10,616 $803,103 $155,000 $648,103
2023 $10,616 $814,698 $140,000 $674,698
2021 $6,164 $468,881 $0 $0
2020 $6,121 $462,407 $0 $0
2019 $6,067 $452,011 $0 $0
2018 $6,019 $443,583 $0 $0
2017 $5,994 $434,459 $0 $0
2016 $6,102 $428,502 $0 $0
2015 $6,179 $422,565 $0 $0
2014 $5,931 $419,211 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6017024

Stellar MLS

APN: 03-20-29-5PS-0000-3100