NOT LISTED FOR SALE

1648 Wallace Rd Lutz, FL 33549

Estimated Value: $1,186,000 - $1,385,000

4 Beds
5 Baths
5,183 Sq Ft
$251/Sq Ft Est. Value

Last Sold June 03, 2020

Last sale price $730,000 $141 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $7,718/month

2 Days on Market

Highlights

  • 165 Feet of Waterfront
  • Greenhouse
  • Screened Pool
  • Lutz K-8 School Rated 9+
  • Oak Trees
  • Home fronts a pond

About This Home

As of June 2020

One or more photo(s) has been virtually staged. You've made it, now flaunt it in this magnificent pond front, pool home estate with in-law suite on just under 2 acres!!! 4 bedrooms, 3 baths, 2 half baths, 3 car garage, huge kitchen, huge butlers pantry w/large prep island & dual refrigerators, ELEVATOR, outdoor kitchen, several fireplaces, huge beach entry pool, zen garden & on & on! 1st floor master bedroom has 2 walk in closets with built in cabinetry & a safe. The master has 2 vanities, separate shower & jetted garden tub. Gourmet kitchen has 2 convection ovens, 2 sinks, a gas cooktop that converts to electric or gas grill, a huge island, ice maker, wine chiller, 2 fridges, freezer, high end cherry cabinetry with lots of hidden places. Cabinet accent lighting. 4 AC units keep the home efficiently cool. The in-law suite is accessible by elevator or stairs. In-law suite has a kitchen/dining like area, laundry, bathroom, living room & bedroom. Beautiful wood plantation shutters throughout the home. Outdoor kitchen & stone fireplace are under the covered back porch & overlooks the huge screened pool area. A zen garden complete with a Torii circles the backyard. The paver/stone path takes you past a gardeners doll house through tropical plants, by the pond, past several gazebo's & pergola's. Home includes standby 30kw generator & 1000 ga propane tank. Automatically has power in the event of a power out. 2014 roof & paint. NO HOA OR FLOOD INSUR RQ'D. See attachments for more about this beautiful home. Take the 3D virtual tour on link 1 & call today!!

Last Agent to Sell the Property

Curtis Rudolph

CHARLES RUTENBERG REALTY INC License #3275230 Listed on: 03/23/2020

CHARLES RUTENBERG REALTY INC

Last Buyer's Agent

Deanna Aull

BOUTIQUE REALTY FLORIDA License #3032205

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,600

Year Built

  • Built in 1997

Lot Details

  • 1.93 Acre Lot
  • Lot Dimensions are 165x509
  • Home fronts a pond
  • 165 Feet of Waterfront
  • Property fronts a private road
  • Street terminates at a dead end
  • South Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Level Lot
  • Well Sprinkler System
  • Cleared Lot
  • Oak Trees
  • Property is zoned ASC-1

Parking

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

Property Views

  • Pond
  • Woods
  • Pool

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 5,183 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Bar Fridge
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • French Doors
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Indoor Grill
  • Cooktop
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Parquet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Security System Owned
  • Intercom
  • Fire and Smoke Detector

Pool

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

Outdoor Features

  • Access To Pond
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Greenhouse
  • Outdoor Grill
  • Rain Gutters

Schools

  • Lutz Elementary School
  • Liberty Middle School
  • Freedom High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Power Generator
  • Propane
  • Water Filtration System
  • Well
  • Tankless Water Heater
  • Gas Water Heater
  • Water Softener
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Unplatted Subdivision

Amenities

  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,600

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 5183
  • Lot Size Acres: 1.93
  • New Construction: No
  • Year Built: 1997
  • Building Area Total: 7241
  • Lot Size Sq Ft: 84071
  • Number Of Lots: 1
  • Directions to Property: Hanna and Sunset. Take Hanna north to Wallace. Home is in front of you to the left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3232351?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3232351?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Subdivision Num: 0000
  • Ratio: Close Price\List Price: 0.97333
  • Price per Sq Ft: 140.85
  • Close to Original List Price Ratio: 0.97333
  • Ratio: Current Price\Building Area Total: 100.81
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Living Room
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Parquet, Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Elevator, High Ceiling(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Gas Water Heater, Ice Maker, Indoor Grill, Refrigerator, Tankless Water Heater, Trash Compactor, Water Filtration System, Water Softener, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Other Equipment: Generator, Intercom
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Street Number Modifier: 1648
  • Room Count: 12
  • Additional Rooms: Great Room, Interior In-Law Suite
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Other Structures: Greenhouse, Outdoor Kitchen
  • Pool Features: Gunite, In Ground, Screen Enclosure
  • Exterior Features: French Doors, Irrigation System, Outdoor Grill, Outdoor Kitchen, Rain Gutters
  • Roof: Shingle
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End, Private Road
  • View: Pool, Trees/Woods
  • Water Body Name: Private Pond
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Rear Porch, Screened
  • Road Surface Type: Paved, Asphalt
  • Water View: Pond
  • Water Access: Pond
  • Water View Y N: Yes
  • Number Of Wells: 1
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 165
  • Water Frontage Feet Pond: 165
  • Disclosures: Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Propane, Public, Sprinkler Well
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Heat Pump, Zoned
  • Laundry Features: Inside, Laundry Room, Other, Upper Level
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 1
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Security System, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Lutz-HB
  • High School: Freedom-HB
  • Middle Or Junior School: Liberty-HB

Lot Info

  • Zoning: ASC-1
  • Parcel Number: U-06-27-19-ZZZ-000001-13540.0
  • Additional Parcels: No
  • Lot Features: Cleared, In County, Level, Oversized Lot
  • Lot Dimensions: 165x509
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Minimum Lease: No Minimum
  • Num Timesper Year: 365
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 9600.34
  • Tax Block: 1
  • Tax Book Number: 47-51
  • Tax Lot: 7

Multi Family

  • Waterfront Features: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2020
Closed on
Jun 3, 2020
Sold by
Black Beatrice L and Black Charles R
Bought by
Polk Carlos D and Polk Monique N
Seller's Agent
Curtis Rudolph
CHARLES RUTENBERG REALTY INC
Buyer's Agent
Deanna Aull
BOUTIQUE REALTY FLORIDA
List Price
$750,000
Sold Price
$730,000
Premium/Discount to List
-$20,000
-2.67%
Current Estimated Value
$1,302,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$572,574
Avg. Annual Appreciation
11.30%
Original Mortgage
$742,775
Outstanding Balance
$658,413
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$644,161

Purchase Details

Closed on
May 24, 2011
Sold by
Black Charles Raymond and Black Beatrice L
Bought by
Black Beatrice L and Black Charles R

Purchase Details

Closed on
Mar 6, 2006
Sold by
Sanders William G and Sanders Cindy M
Bought by
Black Charles Raymond and Black Beatrice L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$695,200
Interest Rate
6.19%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 29, 1999
Sold by
Andy and Faza Melinda
Bought by
Sanders William G and Sanders Cindy M

Purchase Details

Closed on
Feb 24, 1997
Sold by
Whaley Roy
Bought by
Faza Andy and Faza Melinda
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
Polk Carlos D $730,000 National Title Solutions Inc
Black Beatrice L -- Attorney
Black Charles Raymond $869,000 All Real Estate Title Servic
Sanders William G $390,000 --
Faza Andy $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Polk Carlos D $742,775
Previous Owner Black Charles Raymond $695,200
Previous Owner Faza Andy $40,000
Previous Owner Faza Andy $413,250
Previous Owner Faza Andy $74,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2020 06/03/20 Sold $730,000 -2.7% $141 / Sq Ft
03/25/2020 03/25/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $750,000 -- $145 / 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 $10,636 $620,541 -- --
2023 $10,312 $602,467 $0 $0
2022 $9,979 $584,919 $0 $0
2021 $9,888 $567,883 $0 $0
2020 $9,289 $492,325 $62,771 $429,554
2019 $9,600 $507,555 $56,564 $450,991
2018 $7,148 $412,427 $0 $0
2017 $7,066 $451,355 $0 $0
2016 $7,025 $395,636 $0 $0
2015 $7,107 $384,811 $0 $0
2014 $7,077 $389,768 $0 $0
2013 -- $383,124 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3232351

Stellar MLS

APN: U-06-27-19-ZZZ-000001-13540.0