NOT LISTED FOR SALE

16727 Royal Palm Dr Groveland, FL 34736

Estimated Value: $659,038 - $742,000

4 Beds
4.5 Baths
3,745 Sq Ft
$189/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $600,000 $160 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,525/month

53 Days on Market

Highlights

  • Access To Chain Of Lakes
  • Gated Community
  • Fruit Trees
  • Screened Pool
  • Open Floorplan
  • Deck

About This Home

As of December 2021

Beautiful Mediterranean pool home that sits on half acre with balconies on both sides to enjoy both sunrise and sunsets. Cathedral ceilings in the foyer and family room, tray ceilings in the formal living and dining rooms with indirect lighting. Luxurious master retreat on the 1st floor. Master bath features large jetted garden tub, double vanities, bidet, walk in closets. all secondary bedrooms are oversized. Large heated screened in pool, expansive deck, lots of fruit trees, tile roof and so much more. This Executive/Custom home community offers lake access, gated entrance & spectacular lake views.

Last Agent to Sell the Property

Laura Petersen

YOUR HOME SOLD GUARANTEED REALTY License #3124946 Listed on: 09/10/2021

Co-Listed By

Danielle Plumey

YOUR HOME SOLD GUARANTEED REALTY License #3244805

Last Buyer's Agent

Kyle Gunter

DENIZ REALTY PARTNERS LLC License #3268923

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,061

Year Built

  • Built in 1994

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 157x161x148x157
  • Property fronts a private road
  • Southwest Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Gentle Sloping Lot
  • Fruit Trees
  • Property is zoned PUD

HOA Fees

  • $96 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Rear-Facing Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Spanish Architecture
  • Bi-Level Home
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,745 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage Room
  • Laundry in unit
  • Inside Utility
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Spa
  • Fence Around Pool
  • Pool Deck

Outdoor Features

  • Access To Chain Of Lakes
  • Access To Lake
  • Balcony
  • Deck
  • Enclosed patio or porch

Schools

  • Groveland Elementary School
  • Gray Middle School
  • South Lake High School

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Sentry Management Association
  • Visit Association Website
  • Garden City Ph 01B Tr A Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Playground
  • Park

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,061

Year Built

Built in 1994

Lot Details

0

HOA Fees

$96 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 3745
  • Lot Size Acres: 0.54
  • New Construction: No
  • Year Built: 1994
  • Building Area Total: 4905
  • Lot Size Sq Ft: 23707
  • Directions to Property: Turnpike exit 285. Go straight to FL 19S, Left on Cherry Lake Road, Right on Royal Palm, Home on the left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5972416?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5972416?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 1005
  • Ratio: Close Price\List Price: 0.95253
  • Price per Sq Ft: 160.21
  • Close to Original List Price Ratio: 0.95253
  • Ratio: Current Price\Building Area Total: 122.32
  • View: No
  • Co List Office Mls Id: 56481
  • Co List Office Phone: 407-566-2555
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room, Living Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Cathedral Ceiling(s), Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Yn: Yes
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 16727
  • Room Count: 9
  • Additional Rooms: Family Room, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility, Storage Rooms

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: Deck, Heated, In Ground, Screen Enclosure
  • Exterior Features: Balcony, Irrigation System, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • Road Frontage Type: Private Road
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Enclosed, Patio, Porch, Screened
  • Road Surface Type: Paved, Asphalt
  • Water Access: Lake, Lake - Chain of Lakes
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Rear, Garage Faces Side, Oversized
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Fire Hydrant, Public, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central, Heat Pump, Zoned
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community, Irrigation-Reclaimed Water, Park, Playground, Water Access
  • Association Amenities: Gated, Park, Playground
  • Association Fee: 1150
  • Association Fee Frequency: Annually
  • Association Name: Sentry Management
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association Website: sentrymgmt.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 1150
  • Monthly HOA Fee: 95.83
  • Total Monthly Fees: 95.83

Schools

  • Elementary School: Groveland Elem
  • High School: South Lake High
  • Middle Or Junior School: Gray Middle

Lot Info

  • Zoning: PUD
  • Parcel Number: 08-22-25-100500002700
  • Additional Parcels: No
  • Lot Features: Gentle Sloping, In County, Oversized Lot
  • Lot Dimensions: 157X161X148X157
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1-2 Years
  • Approval Process: Contact HOA for more Information
  • Pet Restrictions: See Deed Restrictions
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Contact HOA for more Information

Tax Info

  • Tax Annual Amount: 4061
  • Tax Block: 06
  • Tax Book Number: 33-50-51
  • Tax Lot: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Dec 10, 2021
Sold by
Wuthenow John and Wuthenow Xiao Lan
Bought by
Patel Tulsiben and Patel Bharathkumar
Seller's Agent
Laura Petersen
YOUR HOME SOLD GUARANTEED REALTY
Buyer's Agent
Kyle Gunter
DENIZ REALTY PARTNERS LLC
List Price
$629,900
Sold Price
$600,000
Premium/Discount to List
-$29,900
-4.75%
Current Estimated Value
$708,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,510
Avg. Annual Appreciation
4.77%
Original Mortgage
$540,000
Outstanding Balance
$500,947
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$210,695

Purchase Details

Closed on
Aug 22, 2011
Sold by
Hancock Bank
Bought by
Wuthenow John and Wuthenow Xiao Lan

Purchase Details

Closed on
Jan 4, 2011
Sold by
Mansour Hatem A and Mansour Rana Kayali
Bought by
Hancock Bank

Purchase Details

Closed on
Dec 22, 2010
Sold by
Mansour Hatem A and Mansour Rana Kayali
Bought by
Hancock Bank

Purchase Details

Closed on
Sep 9, 1999
Sold by
E C A D Fl Corp
Bought by
Coletta Michael and Coletta Linda E

Purchase Details

Closed on
Aug 20, 1999
Sold by
Hill Jeffrey T and Hill Helga R
Bought by
E C A D Fl Corp

Purchase Details

Closed on
Dec 5, 1997
Sold by
E C A D Fl Corp
Bought by
Hill Jeffrey T and Hill Helga R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
7.19%
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
Patel Tulsiben $600,000 Equitable Ttl Of Celebration
Wuthenow John $275,000 North American Title Co
Hancock Bank -- Attorney
Hancock Bank -- Attorney
Coletta Michael $290,000 --
E C A D Fl Corp $208,600 --
Hill Jeffrey T $308,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Tulsiben $540,000
Previous Owner Mansour Hatem A $100,000
Previous Owner Hill Jeffrey T $209,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $600,000 -4.7% $160 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $629,900 +5.0% $168 / Sq Ft
09/22/2021 09/22/21 Off Market $600,000 -- --
09/10/2021 09/10/21 For Sale $629,900 -- $168 / 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 $6,188 $489,430 -- --
2024 $6,188 $489,430 -- --
2023 $6,188 $461,348 $90,000 $371,348
2022 $6,065 $461,348 $90,000 $371,348
2021 $4,083 $305,130 $0 $0
2020 $4,061 $300,918 $0 $0
2019 $4,172 $294,153 $0 $0
2018 $4,003 $288,669 $0 $0
2017 $3,906 $282,732 $0 $0
2016 $3,906 $276,917 $0 $0
2015 $4,012 $274,993 $0 $0
2014 $4,017 $272,811 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5972416

Stellar MLS

APN: 08-22-25-1005-000-02700