NOT LISTED FOR SALE

1603 Redwood Grove Terrace Lake Mary, FL 32746

Alaqua Neighborhood

Estimated Value: $738,840 - $923,000

5 Beds
3 Baths
2,771 Sq Ft
$300/Sq Ft Est. Value

Highlights

  • Golf Course Community
  • Gated Community
  • Family Room with Fireplace
  • Heathrow Elementary School Rated A
  • Deck
  • Tennis Courts

About This Home

As of July 2023

Available NOW! Beautiful 4 Bed 3 Bath plus Office Home located in sought-after and guard gated Magnolia Plantation Community. This home features many upgrades including wide plank flooring in all rooms except wet areas, crown molding in main living areas and double crown in Master Bedroom, 42" maple cabinets in kitchen with stainless appliances. Master Bath with raised vanities. Family room with fireplace. Large screen in lanai with stub outs for a Summer Kitchen overlooking a large treed back yard with a "park-like" setting.

Last Agent to Rent the Property

Ivy Niu-Farr

FLORIDA REALTY INVESTMENTS License #3263911 Listed on: 06/02/2023

FLORIDA REALTY INVESTMENTS

Last Renter's Agent

Diana Romero

EMPIRE NETWORK REALTY License #3489674

EMPIRE NETWORK REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,171

Year Built

  • Built in 2001

Lot Details

  • 0.43 Acre Lot
  • Irrigation

Parking

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

Interior Spaces

  • 2,771 Sq Ft Home
  • Crown Molding
  • Tray Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Inside Utility
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Dinette
  • Walk-In Pantry
  • Range
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,500
  • Property Available on 6/2/23
  • 12-Month Minimum Lease Term
  • Available 6/29/23
  • $75 Application Fee
  • 6-Month Minimum Lease Term
  • Assessor Parcel Number 03-20-29-5PS-0000-2750

Community Details

Overview

  • Property has a Home Owners Association
  • Marlo Sanders Association, Phone Number (407) 788-6700
  • Magnolia Plantation Ph 3 Subdivision

Recreation

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,171

Year Built

Built in 2001

Lot Details

0

Parking

3

Rental Info

  • Furnished: Unfurnished
  • Lease Amount Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Pet Deposit, Size Limit
  • Available Date: 2023-06-02
  • Long Term YN: 1
  • Security Deposit: 3500
  • Pet Deposit Fee: 200
  • Expected Lease Date: 2023-06-29T00:00:00.000

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Fireplace: Yes
  • Living Area: 2771
  • Lot Size Acres: 0.43
  • New Construction: No
  • Year Built: 2001
  • Building Area Total: 3870
  • Lease Term: Twelve Months
  • Lot Size Sq Ft: 18735
  • Owner Pays: None
  • Directions to Property: Markham Woods Rd. to entrance to Magnolia Plantation
  • Status: Leased
  • ResoBuildingAreaSource: Builder
  • List Office Head Office Key Nume: 1049636
  • Minimum Lease: 6 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 1.19
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Walk-in Closet
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Family Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Kitchen/Family Room Combo, Solid Wood Cabinets, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 5
  • Levels: One
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 1603
  • ResoLivingAreaSource: Builder
  • Additional Rooms: Formal Dining Room Separate,Inside Utility
  • Living Area Meters: 257.43
  • Room Count: 11

Exterior Features

  • Exterior Features: Irrigation System
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Garage Faces Rear, Garage Faces Side

Utilities

  • Utilities: Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated, Golf, Playground, Tennis Courts
  • Association Amenities: Gated, Playground, Recreation Facilities, Tennis Court(s)
  • Association Name: Marlo Sanders
  • Phone: 4077886700 x5111
  • Association: Yes
  • Security: Gated Community, Security System Owned
  • Senior Community: No
  • Association Approval Required YN: 1
  • Pet Restrictions: Max 2 pets. Under 40 lbs
  • Association Fee Requirement: Required
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00
  • Application Fee: 75

Lot Info

  • Parcel Number: 03-20-29-5PS-0000-2750
  • Lot Features: Sidewalk
  • Lot Size Square Meters: 1741

Green Features

  • Green Verification Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2010
Sold by
Demetrius Robert
Bought by
Sun Haosu
Current Estimated Value
$832,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,800
Outstanding Balance
$200,176
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$612,760

Purchase Details

Closed on
Dec 26, 2001
Sold by
Centex Homes
Bought by
Demetrius Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,600
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2001
Bought by
Sun Haosu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,600
Interest Rate
6.49%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sun Haosu $376,000 None Available
Demetrius Robert $323,242 --
Sun Haosu $323,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sun Haosu $300,800
Previous Owner Demetrius Robert $195,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2023 07/02/23 Rented $3,300 0.0% --
06/28/2023 06/28/23 Under Contract -- -- --
06/23/2023 06/23/23 Price Changed $3,300 -2.9% $1 / Sq Ft
06/23/2023 06/23/23 Price Changed $3,400 -2.9% $1 / Sq Ft
06/02/2023 06/02/23 For Rent $3,500 0.0% --
08/11/2022 08/11/22 Rented $3,500 0.0% --
08/05/2022 08/05/22 For Rent $3,500 +16.7% --
08/25/2021 08/25/21 Rented $3,000 0.0% --
08/22/2021 08/22/21 Under Contract -- -- --
08/18/2021 08/18/21 For Rent $3,000 0.0% --
08/18/2021 08/18/21 Off Market $3,000 -- --
08/17/2021 08/17/21 For Rent $3,000 -- --
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 $8,171 $556,586 -- --
2023 $7,469 $505,987 $0 $0
2021 $6,009 $418,171 $113,000 $305,171
2020 $5,785 $398,931 $0 $0
2019 $5,966 $405,720 $0 $0
2018 $4,664 $348,988 $0 $0
2017 $4,642 $341,810 $0 $0
2016 $4,727 $337,123 $0 $0
2015 $4,543 $332,453 $0 $0
2014 $4,543 $329,814 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6116001

Stellar MLS

APN: 03-20-29-5PS-0000-2750