NOT LISTED FOR SALE

1566 Redwood Grove Terrace Lake Mary, FL 32746

Alaqua Neighborhood

Estimated Value: $1,023,000 - $1,055,582

5 Beds
5 Baths
3,835 Sq Ft
$271/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $615,000 $160 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $6,435/month

263 Days on Market

Highlights

  • On Golf Course
  • Screened Pool
  • View of Trees or Woods
  • Heathrow Elementary School Rated A
  • Gated Community
  • Deck

About This Home

As of May 2018

REDUCED AGAIN! Move in ready home located in the premier family oriented golf community of MAGNOLIA PLANTATION, 24/7 guarded gate entry. Picturesque golf front lot offers conservation & water views overlooking the 5th fairway. FRESH INTERIOR & EXTERIOR PAINT-TRULY PRISTINE CONDITION, 5 bedrooms, 3 full baths and 2 half baths, outside cabana bath too. Sparkling screened solar heated, salt water pool & heated spa for family enjoyment all year long. Formal living w/soaring ceilings, formal dining w/double tray ceilings, crown molding & butler pantry, wine closet & wine fridge. Family room & kitchen are uniquely welcoming display of gorgeous views, spacious rooms, huge breakfast bar, granite counter tops, stainless steel appliances, double ovens, accent lighting & breakfast nook. Owner's retreat downstairs, framed with accent columns, tray ceiling, fireplace in sitting area, huge closets w/built-ins. Bath with separate his & her dressing areas, roman tub & separate shower w/dual heads. Hardwood waterfall staircase leads to bonus room with french doors to screened balcony, that's perfect for your morning cup of coffee or evening glass of wine, what a relaxing view! All secondary bedrooms have direct access to a Jack n Jill bath all closets have built-ins. Spacious open bonus room to kick back and relax. Beautiful niches and arches throughout, huge inside laundry room, side entry 3 car garage, tile roof, crown molding, huge covered lanai and screened pool, private setting featuring spectacular views.

Last Agent to Sell the Property

Richard Arbutine, Jr

HOMEFRONT REALTY License #3186114 Listed on: 07/09/2017

Last Buyer's Agent

Matt White

SLOANE REALTY, LLC License #3106449

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,712

Year Built

  • Built in 2003

Lot Details

  • 0.39 Acre Lot
  • On Golf Course
  • Mature Landscaping
  • Irrigation
  • Property is zoned PUD

HOA Fees

  • $133 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Pad

Property Views

  • Woods
  • Park or Greenbelt

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,835 Sq Ft Home
  • Bar Fridge
  • Blinds
  • Entrance Foyer
  • Family Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Bonus Room
  • Inside Utility
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Double Convection Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan

Pool

  • Screened Pool
  • Solar Heated In Ground Pool
  • Heated Spa
  • Gunite Pool
  • Saltwater Pool
  • Fence Around Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Deck
  • Screened Patio
  • Rain Gutters
  • Porch

Utilities

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

Listing and Financial Details

Community Details

Overview

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

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,712

Year Built

Built in 2003

Lot Details

0

HOA Fees

$133 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3835
  • Lot Size Acres: 0.39
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 5098
  • Lot Size Sq Ft: 17113
  • Directions to Property: West on Lake Mary Blvd, to Right on Markham Woods Road, to left into Magnolia Plantation guard gate, to left on Shadowmoss, turn left at 2nd Redwood Grove Terrace.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5521838&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5521838&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.9463
  • Price per Sq Ft: 160.37
  • Close to Original List Price Ratio: 0.87983
  • Ratio: Current Price\Building Area Total: 120.64
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Interior Amenities: Eating Space In Kitchen, Master Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Window Treatments
  • Appliances Included: Bar Fridge, Convection Oven, Dishwasher, Disposal, Double Oven, Microwave, Range, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Features: Heated
  • Spa Yn: Yes
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 1566
  • Room Count: 12
  • Additional Rooms: Bonus Room, Family Room, Formal Dining Room Separate, Formal Living Room Separate, Foyer, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Gunite, Heated, In Ground, Salt Water, Screen Enclosure, Solar Heat
  • Exterior Features: Balcony, Irrigation System, Outdoor Shower, Rain Gutters
  • Roof: Tile
  • Pool Private: Yes
  • View: Greenbelt, Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Parking Pad
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Private, Street Lights
  • Cooling: Central Air
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community, Golf, Playground, Tennis Courts
  • Association Amenities: Gated, Playground, Tennis Court(s)
  • Association Fee: 400
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Gated Community, Security System Owned
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 1600
  • Monthly HOA Fee: 133.33
  • Total Monthly Fees: 133.33

Lot Info

  • Zoning: PUD
  • Parcel Number: 03-20-29-5PS-0000-3130
  • Additional Parcels: No
  • Lot Features: On Golf Course, Sidewalk
  • Millage Rate: 14.59
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 7 Months
  • Pet Restrictions: Confirm with HOA
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Confirm with HOA

Tax Info

  • Tax Annual Amount: 7712
  • Tax Block: 0000
  • Tax Book Number: 57-31
  • Tax Lot: 313

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2024
Sold by
Evans Russell Watts and Evans Jennifer L
Bought by
Evans Jennifer Lynn and Evans Family Revocable Trust
Current Estimated Value
$1,039,646

Purchase Details

Listed on
Jul 9, 2017
Closed on
May 4, 2018
Sold by
Carter Benjamin P and Carter Angela B
Bought by
Evans Russell Watts and Evans Jennifer L
Seller's Agent
Richard Arbutine, Jr
HOMEFRONT REALTY
Buyer's Agent
Matt White
SLOANE REALTY, LLC
List Price
$699,000
Sold Price
$615,000
Premium/Discount to List
-$84,000
-12.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
Original Mortgage
$453,100
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2014
Sold by
Ross Kirk M and Ross Kimberly
Bought by
Hopkins Angela B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2010
Sold by
Martin Eugene P and Martin Bonnie G
Bought by
Ross Kirk M and Ross Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2007
Sold by
Martin Eugene P and Martin Bonnie G
Bought by
Martin Eugene P and Martin Bonnie G

Purchase Details

Closed on
Aug 1, 2007
Bought by
Carter Benjamin P

Purchase Details

Closed on
Sep 15, 2005
Sold by
Moore Robert J and Moore Anna H
Bought by
Martin Eugene P and Martin Bonnie G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.77%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 1, 2005
Bought by
Carter Benjamin P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.77%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 4, 2003
Sold by
Nalley Samuel P and Nalley Matina S
Bought by
Moore Robert J and Moore Anna H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
6.33%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 28, 2003
Sold by
Centex Homes
Bought by
Nalley Samuel P and Nalley Matina S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,100
Interest Rate
5.62%

Purchase Details

Closed on
Mar 1, 2003
Bought by
Carter Benjamin P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,100
Interest Rate
5.62%
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
Evans Jennifer Lynn $100 None Listed On Document
Evans Jennifer Lynn $100 None Listed On Document
Evans Russell Watts $615,000 First Florida Title & Trust
Hopkins Angela B $637,000 None Available
Ross Kirk M $526,000 Sunbelt Title Agency
Martin Eugene P -- Attorney
Carter Benjamin P $100 --
Martin Eugene P -- Sunbelt Title Agency
Carter Benjamin P $772,000 --
Moore Robert J $490,000 --
Nalley Samuel P -- Commerce Title Company
Carter Benjamin P $452,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Evans Russell $78,764
Previous Owner Evans Russell Watts $548,250
Previous Owner Evans Russell Watts $452,200
Previous Owner Evans Russell Watts $453,100
Previous Owner Evans Russell Watts $99,785
Previous Owner Carter Benjamin P $417,000
Previous Owner Hopkins Angela B $500,000
Previous Owner Ross Kirk M $200,000
Previous Owner Martin Eugene P $250,000
Previous Owner Martin Eugene P $400,000
Previous Owner Moore Robert J $392,000
Previous Owner Nalley Samuel P $394,100
Closed Nalley Samuel P $49,283
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2018 05/04/18 Sold $615,000 -5.4% $160 / Sq Ft
03/30/2018 03/30/18 Pending -- -- --
01/19/2018 01/19/18 Price Changed $649,900 -2.9% $169 / Sq Ft
08/12/2017 08/12/17 Price Changed $669,000 -4.3% $174 / Sq Ft
07/09/2017 07/09/17 For Sale $699,000 -- $182 / 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 $7,649 $595,990 -- --
2023 $7,474 $578,631 $0 $0
2021 $7,220 $545,416 $0 $0
2020 $7,172 $537,886 $0 $0
2019 $7,357 $543,367 $0 $0
2018 $7,954 $539,723 $0 $0
2017 $7,713 $513,495 $0 $0
2016 $8,204 $543,736 $0 $0
2015 $6,704 $525,994 $0 $0
2014 $6,704 $469,021 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5521838

Stellar MLS

APN: 03-20-29-5PS-0000-3130