NOT LISTED FOR SALE

16518 7th Ave E Bradenton, FL 34212

Estimated Value: $1,073,000 - $1,213,000

5 Beds
4.5 Baths
4,436 Sq Ft
$258/Sq Ft Est. Value

Last Sold March 31, 2020

Last sale price $770,000 $174 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $7,010/month

29 Days on Market

Highlights

  • Screened Pool
  • Custom Home
  • Open Floorplan
  • Gene Witt Elementary School Rated A-
  • Reverse Osmosis System
  • Clubhouse

About This Home

As of March 2020

A LUXURY MASTERPIECE in RYE PRESERVE. A distinctly polished home where modern aesthetics have been displayed comprehensively in this Master-Crafted EMERALD ESTATE HOME located in the Lakewood Ranch school district! Strategically positioned on a PRIVATE 1/2 acre lot backing up to a farm, with LOW HOA FEES and NO CDD FEES. The home’s expansive rooms and OPEN FLOOR PLAN support functional family living. NO EXPENSE was SPARED with ALMOST $175K in UPGRADES! The wrought iron and wood entry door beckon you onto the front porch, complete with wood lathe ceilings & custom ceiling fan. The sweeping first floor entryway showcases an elegant staircase, a hand-hewn sliding door to the office, a stacked stone custom wall in THE GREAT ROOM, with architecturally designed crown molding. Outfitted with two-tone cabinetry, stainless appliances, colossal 5X6 ISLAND and BUTLER'S PANTRY. The chef's kitchen is a show-stopper, ideal for hosting a neighborhood pizza party! Take a relaxing dip in the custom SALTWATER POOL with SPA & SUN SHELF. Enjoy an evening making s’mores in your PRIVATE backyard fire pit. The home features 5 BEDROOMS and 4 EN-SUITE BATHS. There are DUAL MASTERS with one located on the 1st floor. Of particular note, is the 2nd level BONUS ROOM pre-wired for surround sound, perfectly appointed for movie night! A short drive to Sarasota’s Downtown arts and cultural districts with the world’s most BEAUTIFUL GULF BEACHES, only minutes away. INCREDIBLE VALUE FOR THIS LUXURY HOME!! Tour it, Love it, Own it TODAY!

Last Agent to Sell the Property

Trish Chandler

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3056058 Listed on: 01/25/2020

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Co-Listed By

Lisa Harris

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3457355

Last Buyer's Agent

Trish Chandler

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3056058 Listed on: 01/25/2020

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,455

Year Built

  • Built in 2017

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 118x186
  • North Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Level Lot
  • Landscaped with Trees
  • Property is zoned PDR

HOA Fees

  • $62 Monthly HOA Fees

Parking

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

Home Design

  • Custom Home
  • Contemporary Architecture
  • Florida Architecture
  • Planned Development
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,436 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Crown Molding
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Shades
  • Blinds
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Den
  • Bonus Room
  • Inside Utility
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Disposal
  • Reverse Osmosis System

Flooring

  • Engineered Wood
  • Carpet
  • Ceramic Tile
  • Travertine

Bedrooms and Bathrooms

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

Home Security

  • Storm Windows
  • Fire and Smoke Detector
  • Fire Sprinkler System
  • In Wall Pest System

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool
  • Fence Around Pool
  • Pool Tile
  • Pool Lighting

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting

Schools

  • Gene Witt Elementary School
  • Carlos E. Haile Middle School
  • Lakewood Ranch High School

Utilities

  • Zoned Heating and Cooling
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • Water Purifier
  • Water Softener
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include manager, recreational facilities
  • Progressive Community Mgmt/Justin Patterson Association, Phone Number (941) 921-5393
  • Visit Association Website
  • Built by DR Horton
  • Rye Wilderness Estates Subdivision, Maribella Emerald Estate Home Floorplan
  • Rye Wilderness Estates Community
  • The community has rules related to deed restrictions, fencing
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,455

Year Built

Built in 2017

Lot Details

0

HOA Fees

$62 per month

Parking

3

Listing Details

  • HOA Fee Includes: Manager, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Custom, Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 4436
  • Lot Size Acres: 0.5
  • New Construction: No
  • Year Built: 2017
  • Building Area Total: 5906
  • Lot Size Sq Ft: 21830
  • Directions to Property: I-75 to Exit 220 St Rd 64. Head East on SR 64 approx 4.5 miles to Rye Rd. Left on Rye Rd. 2.6 miles to Rye Wilderness Subdivision. Right on 167th Blvd NE to rear of subdivision (Rye Preserve). Turn Right onto 7th Ave East. House is .2 on left.
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4455269?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4455269?w=Customer
  • Floor Number: 2
  • Homestead Y N: Yes
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 312-646-4143
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.99355
  • Price per Sq Ft: 173.58
  • Close to Original List Price Ratio: 0.99355
  • Ratio: Current Price\Building Area Total: 130.38
  • View: No
  • Co List Office Mls Id: 281504941
  • Co List Office Phone: 941-907-1033
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Engineered Hardwood, Tile, Travertine
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), In Wall Pest System, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Ice Maker, Kitchen Reverse Osmosis System, Microwave, Range, Range Hood, Refrigerator, Water Purifier, Water Softener
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Blinds, Shades, Storm Window(s)
  • Street Number Modifier: 16518
  • Room Count: 4
  • Additional Rooms: Bonus Room, Den/Library/Office, Family Room, Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Other Structures: Other
  • Pool Features: Gunite, Heated, In Ground, Lighting, Salt Water, Screen Enclosure, Tile
  • Exterior Features: Irrigation System, Lighting, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Front Porch, Patio, Porch, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Fiber Optics, Public, Sewer Connected, Sprinkler Recycled, Street Lights, Underground Utilities
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Park, Playground, Sidewalk
  • Association Amenities: Clubhouse, Fence Restrictions, Other, Park, Playground
  • Association Fee: 185
  • Association Fee Frequency: Quarterly
  • Association Name: Progressive Community Mgmt/Justin Patterson
  • Phone: 941-921-5393
  • Association: Yes
  • Security: Fire Sprinkler System, Fire/Smoke Detection Integration
  • Senior Community: No
  • Association Website: http://www.pcmfla.com/
  • Association Email: Justin Patterson CAM jpatterson@pcmfla.com
  • Amenities Additional Fees: Please forward all questions with regard to pet restrictions, leasing options and amenities to Justin Patterson Community Association Manager for Progressive Community Mgmt @941-921-5393 x1147 or jpatterson@pcmfla.com.
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 740
  • Monthly HOA Fee: 61.67
  • Total Monthly Fees: 61.67

Schools

  • Elementary School: Gene Witt Elementary
  • High School: Lakewood Ranch High
  • Middle Or Junior School: Carlos E. Haile Middle

Lot Info

  • Zoning: PDR
  • Parcel Number: 556944959
  • Additional Parcels: No
  • Lot Features: In County, Level, Oversized Lot, Sidewalk
  • Lot Dimensions: 118x186
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Drip Irrigation

Building Info

  • Builder Name: DR Horton

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1-2 Years
  • Approval Process: Please forward all questions with regard to pet restrictions, leasing options and amenities to Justin Patterson Community Association Manager for Progressive Community Mgmt @941-921-5393 x1147 or jpatterson@pcmfla.com.
  • Num Timesper Year: 1
  • Pet Restrictions: Please forward all questions with regard to pet restrictions, leasing options and amenities to Justin Patterson Community Association Manager for Progressive Community Mgmt @941-921-5393 x1147 or jpatterson@pcmfla.com.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please forward all questions with regard to pet restrictions, leasing options and amenities to Justin Patterson Community Association Manager for Progressive Community Mgmt @941-921-5393 x1147 or jpatterson@pcmfla.com.

Tax Info

  • Tax Annual Amount: 6454.77
  • Tax Book Number: 51-30
  • Tax Lot: 99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2020
Closed on
Mar 31, 2020
Sold by
Marvin Angela Lee and Cruz Anyer J
Bought by
Rudd Aimee M
Seller's Agent
Trish Chandler
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Trish Chandler
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$775,000
Sold Price
$770,000
Premium/Discount to List
-$5,000
-0.65%
Current Estimated Value
$1,144,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,035
Avg. Annual Appreciation
7.38%
Original Mortgage
$510,400
Outstanding Balance
$452,152
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$691,883

Purchase Details

Closed on
Jun 29, 2017
Sold by
R Hortn Nc D
Bought by
Marvin Lee and Cruz Anyer J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,239
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 13, 2012
Sold by
Florida Properties Ii Llc
Bought by
Cwes Vi Llc
Source: Public Records

Range of Values:

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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
Rudd Aimee M $770,000 Attorney
Marvin Lee $660,451 Dhi Title Of Florida Inc
Cwes Vi Llc $1,527,800 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rudd Aimee M $510,400
Previous Owner Marvin Lee $170,239
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2020 03/31/20 Sold $770,000 -0.6% $174 / Sq Ft
02/22/2020 02/22/20 Pending -- -- --
01/24/2020 01/24/20 For Sale $775,000 -- $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
2025 $10,816 $800,348 -- --
2024 $10,816 $777,792 -- --
2023 $10,816 $755,138 $0 $0
2022 $9,283 $733,144 $0 $0
2021 $8,911 $586,455 $75,000 $511,455
2020 $7,967 $495,748 $70,000 $425,748
2019 $6,495 $433,390 $0 $0
2018 $6,455 $425,309 $0 $0
2017 $488 $7,650 $0 $0
2016 $125 $7,650 $0 $0
2015 $129 $7,650 $0 $0
2014 $129 $7,650 $0 $0
2013 $123 $7,200 $7,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4455269

Stellar MLS

APN: 5569-4495-9