NOT LISTED FOR SALE

1573 Redwood Grove Terrace Lake Mary, FL 32746

Alaqua Neighborhood

Estimated Value: $801,945 - $837,000

4 Beds
3 Baths
2,741 Sq Ft
$299/Sq Ft Est. Value

Last Sold September 19, 2017

Last sale price $470,000 $171 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,076/month

32 Days on Market

Highlights

  • Golf Course Community
  • Screened Pool
  • Cathedral Ceiling
  • Heathrow Elementary School Rated A
  • Gated Community
  • Separate Formal Living Room

About This Home

As of September 2017

Buyers will fall in love with this 4 bedroom/3 bath freshly painted residence with screened pool in a pristine setting and surrounded by natural elements that provide privacy. Located off the beaten path new owners will enjoy the peace and beauty of a mature landscaped backyard. Super sized lanai surrounds a sparkling pool with water feature providing a natural backdrop for entertaining or just relaxing. Brick pavers on driveway and sidewalk lead guests into formal living and dining areas. Family room is in the back of the home and completely tiled for practical use. Both secondary bedrooms have large walk-in closets. One of the secondary bedrooms is an en-suite featuring a full bath area – perfect for guests. On the other side of the home is the Master retreat complete with a sitting area that overlooks the pool. The master bath has a soaking tub, upgraded tile and separate shower. A 4th bedroom is located just off the Master suite - perfect for a nursery or office and features an extra deep closet for computer equipment or nursery items to be stored away from view. Kitchen, with island, is outfitted with raised panel 42” maple cabinetry that surrounds multiple pantry areas (one of which is a walk-in pantry), solid surface countertops, tiled flooring and stainless steel appliances. All this and more located in Magnolia Plantation, where every day is a safari-like adventure. Community offers parks, golf, tennis (on brand new courts), and a beautiful open setting with most lots 1/3-1/2 acre.

Last Agent to Sell the Property

Margaret Summers

COLDWELL BANKER REALTY License #493627 Listed on: 07/18/2017

COLDWELL BANKER REALTY

Last Buyer's Agent

Carolyn Kickhofel

COLDWELL BANKER REALTY License #3047369

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,651

Year Built

  • Built in 2001

Lot Details

  • 0.4 Acre Lot
  • Mature Landscaping
  • Landscaped with Trees
  • Property is zoned PUD

HOA Fees

  • $133 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,741 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Family Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Inside Utility

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Home Security

  • Fire and Smoke Detector
  • In Wall Pest System

Pool

  • Screened Pool
  • In Ground Pool
  • Fence Around Pool

Utilities

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

Additional Features

  • Reclaimed Water Irrigation System
  • Enclosed Patio or Porch

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 279
  • Assessor Parcel Number 03-20-29-5PS-0000-2790

Community Details

Overview

  • Sentry Management Association
  • Magnolia Plantation Ph 3 Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Park

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,651

Year Built

Built in 2001

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: 2741
  • Lot Size Acres: 0.4
  • New Construction: No
  • Year Built: 2001
  • Building Area Total: 3870
  • Lot Size Sq Ft: 17444
  • Directions to Property: I4 to Lake Mary exit go west toward Markham Woods, .turn right. Magnolia Plantation is on the left. Show driver and realtor license at gate. Then follow Timberbrook to the end and take a left on Shadowmoss. Go to SECOND Redwood Grove on the left.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • List Office Head Office Key Nume: 1050455
  • Minimum Lease: 8-12 Months
  • RATIO Current Price By Calculate: 171.47
  • Total Acreage: 1/4 Acre to 21779 Sq. Ft.
  • Water Access YN: 0
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, High Ceilings, In Wall Pest System, Solid Surface Counters, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Oven, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 1573
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Family Room,Formal Dining Room Separate,Formal Living Room Separate,Foyer,Inside Utility
  • Room Count: 9

Exterior Features

  • Pool Features: In Ground, Other, Screen Enclosure
  • Exterior Features: Sliding Doors, Irrigation System
  • Roof: Tile
  • Home Warranty: Yes
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Screened
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Sprinkler Recycled
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Gated, Golf, Irrigation-Reclaimed Water, Park, Playground, Tennis Courts
  • Association Amenities: Gated, Park, Playground, Tennis Court(s)
  • Association Fee: 400
  • Association Fee Frequency: Quarterly
  • Association Name: Sentry Management
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 1
  • Pet Restrictions: Call Seminole County for info on pets.
  • Association Fee Requirement: Required

Fee Information

  • Monthly HOA Amount: 133.33

Lot Info

  • Zoning: PUD
  • Parcel Number: 03-20-29-5PS-0000-2790
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk, Paved
  • Flood Zone Code: x
  • Homestead YN: 1

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Call Sentry Management for details.

Tax Info

  • Tax Annual Amount: 5651
  • Tax Block: 0000
  • Tax Book Number: 57-31
  • Tax Lot: 279

Multi Family

  • Approval Process: Call Sentry Management.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2017
Closed on
Sep 19, 2017
Sold by
Kennedy Stephen C and Kennedy Judith
Bought by
Schirmacher David and Schirmacher Veronica
Seller's Agent
Margaret Summers
COLDWELL BANKER REALTY
Buyer's Agent
Carolyn Kickhofel
COLDWELL BANKER REALTY
List Price
$479,900
Sold Price
$470,000
Premium/Discount to List
-$9,900
-2.06%
Current Estimated Value
$820,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,486
Avg. Annual Appreciation
7.11%

Purchase Details

Closed on
May 6, 2014
Sold by
Mckinney Jason M and Mckinney Michelle L
Bought by
Kennedy Stephen C and Kennedy Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2006
Sold by
Bennett James R and Bennett Glenda S
Bought by
Mckinney Jason M and Mckinney Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2002
Sold by
Homes Centex I
Bought by
Bennett James R and Bennett Glenda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,650
Interest Rate
6.99%
Mortgage Type
New Conventional
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
Schirmacher David $470,000 Attorney
Kennedy Stephen C $467,500 Stewart Title Company
Mckinney Jason M $550,000 Central Florida Title Llc
Bennett James R $360,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kennedy Stephen C $374,000
Previous Owner Mckinney Jason M $251,905
Previous Owner Mckinney Jason M $270,000
Previous Owner Bennett James R $50,000
Previous Owner Bennett James R $288,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Off Market $470,000 -- --
09/19/2017 09/19/17 Sold $470,000 -2.1% $171 / Sq Ft
08/20/2017 08/20/17 Pending -- -- --
07/18/2017 07/18/17 For Sale $479,900 -- $175 / 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 $5,773 $453,949 -- --
2023 $5,639 $440,727 $0 $0
2021 $5,427 $415,427 $0 $0
2020 $5,388 $409,691 $0 $0
2019 $5,563 $416,331 $0 $0
2018 $5,674 $419,496 $0 $0
2017 $5,154 $376,843 $0 $0
2016 $5,651 $398,547 $0 $0
2015 $4,698 $400,891 $0 $0
2014 $4,698 $339,832 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5524875

Stellar MLS

APN: 03-20-29-5PS-0000-2790