NOT LISTED FOR SALE

16516 Grove Mill Loop Bradenton, FL 34211

Estimated Value: $734,000 - $866,000

5 Beds
4 Baths
3,422 Sq Ft
$236/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $640,912 $187 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,215/month

Highlights

  • Screened Pool
  • New Construction
  • Central Heating and Cooling System
  • B.D. Gullett Elementary School Rated A-
  • 2 Car Attached Garage
  • Ceiling Fan

About This Home

As of March 2023

Welcome to this brand-new pool home in Azario Park East, Lakewood Ranch! This Barbados model built by Taylor Morrison features 5 beds, 4 baths, formal dining room, den, generous sized loft and plenty of storage. With more than 3400sqft no space was spared in this thoughtfully laid out floorplan. As you enter the home, the foyer spans to the second story for a grand feel with a view of the backyard and pool upon entry. An abundance of natural light and plantation shutters can be found throughout! In the front of the home, you will find the 16'x12' den with French doors, tray ceiling and a water view that would make a great office! Next, the formal dining 12'x13' with a pass through to the kitchen. Upon entering the kitchen, you will notice the upgraded built-in KitchenAid stainless steel appliances, designer lighting, quartz countertops, extra cabinetry at the oversized island with decorative end panels and a generous sized pantry. Overlooking the pool is a wonderful breakfast nook with bay widows to enjoy morning coffee (plantation shutters have been ordered) and a designer dry bar. Open the pocket sliding doors off the gathering room to create a true in-door outdoor living! Off the stairs, is a storage closet leading to the downstairs En-suite with a double vanity, quartz countertops and frameless shower with designer tile. Leading to the garage there is a drop zone with built-in cabinetry. The garage features epoxy floors and extra storage space. Enjoy sunrises all year long from the large lanai that is equipped with pre-plumbing for an outdoor kitchen that overlooks the heated saltwater pool. The expansive lanai area will feature a pool cage set to be installed 10/24. Beyond the pool deck is a large backyard with additional greenery creating a more private feel. Heading upstairs you'll find the additional four bedrooms, three full baths, a large spacious loft and the laundry room. The 16'x13' owner's suite is one of a kind with two large walk-in closets, a beautiful en-suite featuring upgraded designer tile, a large frameless shower and tub. Step out onto the balcony for morning coffee or an evening cocktail for year-round sunsets overlooking the large pond. Two of the bedrooms share a jack and jill bath with double vanities. The final bedroom features a bay window, walk-in closet, and adjoined bathroom featuring quartz countertop and designer tile. The generous 19'x17' loft features a tray ceiling, plenty of windows for natural light and the second story foyer overlooking the water and sunset views. Park East will feature a resort style pool/spa, sand volleyball and basketball courts, a large event/sport lawn, tot lot and dog park. Conveniently located to award winning beaches, UTC, Waterside, great dinning/shopping, local airports and interstate 75. Come see why this is one of the most desired new communities in Lakewood Ranch a #1 master planned community in the US!

Last Agent to Rent the Property

Britt Geiman

REAL BROKER, LLC License #3484995 Listed on: 10/20/2022

REAL BROKER, LLC

Last Renter's Agent

Britt Geiman

REAL BROKER, LLC License #3484995 Listed on: 10/20/2022

REAL BROKER, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 8,006 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home

Interior Spaces

  • 3,422 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Built-In Convection Oven
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

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

Schools

  • Gullett Elementary School
  • Dr Mona Jain Middle School
  • Lakewood Ranch High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • Sed Agent Association
  • Azalea Park Northwest Community
  • Park East At Azario Ph I Subph A & B Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $6,000
  • Property Available on 10/27/22
  • The owner pays for electricity, gas, grounds care, trash collection, water
  • $150 Application Fee
  • Assessor Parcel Number 576048859

Home Details

Home Type

Single Family

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

2

Rental Info

  • Furnished: Negotiable
  • Lease Amount Frequency: Monthly
  • Pets Allowed: No
  • Lease Fee: 100
  • Long Term Y N: No
  • Application Fee: 150
  • Months Available: 2022 October, 2022 November, 2022 December, 2023, January, 2023, February, 2023, March, 2023, April, 2023, May, 2023, June, 2023, July
  • Security Deposit: 6000
  • Available Date: 2022-10-27

Listing Details

  • Property Type: Residential Lease
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Living Area: 3422
  • Lot Size Acres: 0.18
  • New Construction: Yes
  • Year Built: 2022
  • Lease Term: Month To Month
  • Lot Size Sq Ft: 8006
  • Owner Pays: Electricity, Gas, Grounds Care, Trash Collection, Water
  • Status: Leased
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 1.75
  • Close to Original List Price Ratio: 1.2
  • View: No
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 4
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Washer
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Features: In Ground

Exterior Features

  • Pool Features: Heated, Salt Water, Screen Enclosure
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Sed agent
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required

Schools

  • Elementary School: Gullett Elementary
  • High School: Lakewood Ranch High
  • Middle Or Junior School: Dr Mona Jain Middle

Lot Info

  • Parcel Number: 576048859
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2023
Sold by
Wegiel Justin P and Wegiel Nicole L
Bought by
Jooste Michael and Jooste Diana
Current Estimated Value
$807,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$697,000
Outstanding Balance
$682,050
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$125,903

Purchase Details

Listed on
Aug 1, 2022
Closed on
Jul 26, 2022
Sold by
Taylor Morrison Of Florida Inc
Bought by
Wegiel Justin P and Wegiel Nicole L
Seller's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
Buyer's Agent
Britt Geiman
REAL BROKER, LLC
List Price
$640,912
Sold Price
$640,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.94%
Original Mortgage
$502,730
Interest Rate
5.78%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jooste Michael $820,000 None Listed On Document
Wegiel Justin P $640,912 Magnolia Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jooste Michael $697,000
Previous Owner Wegiel Justin P $502,730
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2023 03/26/23 Rented $6,000 0.0% --
10/21/2022 10/21/22 Price Changed $6,000 +20.0% $2 / Sq Ft
10/20/2022 10/20/22 For Rent $5,000 0.0% --
08/01/2022 08/01/22 Sold $640,912 0.0% $189 / Sq Ft View Prior Sale
08/01/2022 08/01/22 For Sale $640,912 -- $189 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
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
2025 $11,877 $630,056 $61,200 $568,856
2023 $11,877 $680,241 $61,200 $619,041
2022 $2,535 $60,000 $60,000 $0
2021 $1,880 $21,622 $21,622 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4550428

Stellar MLS

APN: 5760-4885-9