NOT LISTED FOR SALE

1572 Redwood Grove Terrace Lake Mary, FL 32746

Alaqua Neighborhood

Estimated Value: $899,000 - $982,072

5 Beds
4 Baths
3,542 Sq Ft
$267/Sq Ft Est. Value

Last Sold July 22, 2019

Last sale price $570,000 $161 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $6,112/month

91 Days on Market

Highlights

  • In Ground Pool
  • Lake View
  • Wooded Lot
  • Heathrow Elementary School Rated A
  • Open Floorplan
  • Wood Flooring

About This Home

As of July 2019

Stunning home in the highly sought after Magnolia Plantation community of Lake Mary. 24-hour security and manned guard gate. This residence has an abundance of natural light and plenty of space for the whole family! 5 bedrooms, 4 bathrooms, bonus room and gorgeous executive office! Master bedroom has tray ceilings, walk-in closet, ceiling fans, and pool/lake views. Master bathroom has his and hers vanity, with tub and separate shower stall! Spacious kitchen with solid wood cabinets, granite counter tops, and newer stainless steel appliances. Interior utility room! Executive office has custom built-in shelves and desk. Private enclosed patio, pool, and spa. Fully fenced backyard ideal for pets. Enjoy the privacy of lake and wooded views with no rear neighbors! Property backs to Wekiva preserve. Over-sized 3 car garage with side entry plus circular drive. Must see to appreciate all the upgrades of this home! call today for your private tour.

Last Agent to Sell the Property

Matt White

SLOANE REALTY, LLC License #3106449 Listed on: 03/18/2019

Last Buyer's Agent

Amanda Miller

RE/MAX CENTRAL REALTY License #603218

RE/MAX CENTRAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,304

Year Built

  • Built in 2002

Lot Details

  • 0.39 Acre Lot
  • Northeast Facing Home
  • Fenced
  • Irrigation
  • Wooded Lot
  • Property is zoned PUD

HOA Fees

  • $133 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway
  • Open Parking

Property Views

  • Lake
  • Woods
  • Garden

Home Design

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

Interior Spaces

  • 3,542 Sq Ft Home
  • Open Floorplan
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • French Doors
  • Sliding Doors
  • Family Room Off Kitchen
  • Den
  • Bonus Room
  • Laundry in unit

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include 24-hour guard
  • Magnolia Plantation / Sentry Mgt / Marlo Sanders Association, Phone Number (407) 788-6700
  • Magnolia Plantation Ph 3 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,304

Year Built

Built in 2002

Lot Details

0

HOA Fees

$133 per month

Parking

3

Listing Details

  • HOA Fee Includes: 24-Hour Guard
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3542
  • Lot Size Acres: 0.39
  • New Construction: No
  • Year Built: 2002
  • Lot Size Sq Ft: 16923
  • Directions to Property: Follow I-4 W to Heathrow. Take exit 98 from I-4 W. Continue on W Lake Mary Blvd. Take Timberbrook Dr and Shadowmoss Cir to Redwood Grove Terrace
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5770457&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5770457&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.96627
  • Price per Sq Ft: 160.93
  • Close to Original List Price Ratio: 0.90548
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate, Hardwood
  • Full Bathrooms: 4
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, 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: In Ground
  • Spa Yn: Yes
  • Window Features: Blinds
  • Street Number Modifier: 1572
  • Room Count: 10
  • Additional Rooms: Bonus Room, Den/Library/Office
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northeast
  • Pool Features: In Ground
  • Exterior Features: Fenced, French Doors, Irrigation System, Lighting, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Garden, Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Patio, Screened
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12117C0045F
  • Disclosures: HOA/PUD/Condo Disclosure, Other, Seller Property Disclosure

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 400
  • Association Fee Frequency: Quarterly
  • Association Name: Magnolia Plantation / Sentry Mgt / Marlo Sanders
  • Phone: 407-788-6700
  • Association: Yes
  • Senior Community: No
  • Association Email: msanders@sentrymgt.com
  • 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-0000-3140
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2007-09-28
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 6304
  • Tax Block: 00
  • Tax Book Number: 57-31
  • Tax Lot: 314

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2019
Closed on
Jul 22, 2019
Sold by
Wojtas Pater and Wojtas Darlene
Bought by
Rawlin Trina
Seller's Agent
Matt White
SLOANE REALTY, LLC
Buyer's Agent
Amanda Miller
RE/MAX CENTRAL REALTY
List Price
$629,500
Sold Price
$570,000
Premium/Discount to List
-$59,500
-9.45%
Current Estimated Value
$946,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,518
Avg. Annual Appreciation
8.36%
Original Mortgage
$484,350
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2008
Sold by
Michaelides Jason C and Michaelides Alisa J J
Bought by
Prudential Relocation Inc

Purchase Details

Closed on
Jan 14, 2003
Sold by
Centex Homes
Bought by
Michealides Jason C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2002
Sold by
Centex Homes
Bought by
Michaelides Dr Jason C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.1%
Source: Public Records

Range of Values:

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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
Rawlin Trina $570,000 Sloane Title Llc
Prudential Relocation Inc $628,000 Fidelity National Title
Michealides Jason C $453,800 --
Michaelides Dr Jason C $453,800 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rawlin Trina $487,000
Closed Rawlin Trina $484,350
Previous Owner Wojtas Peter $250,000
Previous Owner Michealides Jason C $235,000
Previous Owner Michaelides Dr Jason C $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2019 07/22/19 Sold $570,000 -3.4% $161 / Sq Ft
06/17/2019 06/17/19 Pending -- -- --
06/04/2019 06/04/19 Price Changed $589,900 -1.7% $167 / Sq Ft
05/13/2019 05/13/19 Price Changed $599,900 -3.2% $169 / Sq Ft
04/19/2019 04/19/19 Price Changed $619,500 -1.6% $175 / Sq Ft
03/18/2019 03/18/19 For Sale $629,500 -- $178 / 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 $9,865 $674,754 -- --
2023 $9,026 $613,413 $0 $0
2021 $7,233 $506,953 $115,000 $391,953
2020 $7,167 $498,233 $0 $0
2019 $7,351 $503,778 $0 $0
2018 $6,304 $463,486 $0 $0
2017 $6,279 $453,953 $0 $0
2016 $6,392 $447,728 $0 $0
2015 $6,252 $441,525 $0 $0
2014 $6,223 $438,021 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5770457

Stellar MLS

APN: 03-20-29-5PS-0000-3140