C
Seller's Agent in 2023
Carlos Velasquez
COLDWELL BANKER REALTY
(813) 815-2663
17 Total Sales
16852 Royal Palm Dr Groveland, FL 34736
Estimated Value: $1,235,000 - $1,776,220
5
Beds
6.5
Baths
6,238
Sq Ft
$241/Sq Ft
Est. Value
Highlights
- 150 Feet of Fresh Water Canal Waterfront
- Home Theater
- Chain Of Lake Views
- Screened Pool
- Gated Community
- Deck
About This Home
As of August 2023This Amazing, One-of-A-Kind, Custom-Built Home boasts one of the best and largest homes in the prestigious gated community of Garden City. Upon entering the home, you will be greeted by an open living room with soaring ceilings, and a stunning view of lake Stewart, oversized custom pool with large heated spa and steam room that challenges any resort, spectacular outdoor kitchen, bar and entertainment area featuring 2 separate sitting sectors, within the screened enclosure there is plenty of both covered and open patio space along with a large outdoor kitchen for entertaining. With 5 bedrooms and 6 and a halve baths, there is plenty of room for everyone, the oversized master bedroom features hardwood floors, tray ceilings, crown molding, and more. French doors open to the pool area. The on-suite bathroom features a large, jetted tub, a dual entry walk in shower with multiple shower heads, 2 private water closet, spacious dual vanities, along with his & her walk-in closets. This spacious home has a magnificent family room that offers expansive views of the outdoor amenities, the family room boasts coffered ceilings and rope lightning, there is a corner glass wall of doors that completely opens connecting indoors with outdoors, in the most amazing way. This is the view where the pool, the lake, and the life, all come together. The kitchen is a chef's dream come true. It features a central island, loads of counter and cabinet space, upgraded appliances, backsplashes and a step-in pantry. This custom-built home also provides an office, full wet bar, laundry room, 3 car garage with an oversize semicircular driveway, 16 cameras security system, 12 zones audio system with intercom, central vacuum system, generator and more. In addition, you will find that this conveniently located gated community is approximately 45 minutes to Orlando International Airport, Walt Disney World, Restaurants, Hospitals and the Florida’s Turnpike.
Last Agent to Sell the Property
COLDWELL BANKER REALTY License #3300929 Listed on: 02/19/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,685
Year Built
- Built in 2022
Lot Details
- 1.08 Acre Lot
- Lot Dimensions are 150x240
- 150 Feet of Fresh Water Canal Waterfront
- Lake Front
- East Facing Home
- Landscaped
- Private Lot
- Oversized Lot
- Well Sprinkler System
- Additional Parcels
HOA Fees
- $127 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Side Facing Garage
- Garage Door Opener
- Circular Driveway
Property Views
- Chain Of Lake
- Canal
- Garden
Home Design
- Mediterranean Architecture
- Stem Wall Foundation
- Tile Roof
- Block Exterior
- Stucco
Interior Spaces
- 6,238 Sq Ft Home
- Wet Bar
- Dry Bar
- Crown Molding
- Coffered Ceiling
- Tray Ceiling
- High Ceiling
- Ceiling Fan
- Electric Fireplace
- Double Pane Windows
- Insulated Windows
- Blinds
- French Doors
- Sliding Doors
- Entrance Foyer
- Great Room
- Family Room
- Living Room with Fireplace
- Breakfast Room
- Formal Dining Room
- Home Theater
- Home Office
- Sun or Florida Room
- Inside Utility
Kitchen
- Eat-In Kitchen
- Dinette
- Built-In Convection Oven
- Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Stone Countertops
- Solid Wood Cabinet
- Trash Compactor
- Disposal
Flooring
- Engineered Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Intercom
- Closed Circuit Camera
- Fire and Smoke Detector
Pool
- Screened Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Gunite Pool
- Saltwater Pool
- Fence Around Pool
- Pool Lighting
Outdoor Features
- Deck
- Enclosed Patio or Porch
- Outdoor Kitchen
- Exterior Lighting
- Outdoor Grill
- Rain Gutters
Utilities
- Central Air
- Heat Pump System
- Thermostat
- Power Generator
- Propane
- 1 Water Well
- Tankless Water Heater
- 1 Septic Tank
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 29
- Assessor Parcel Number 08-22-25-1010-000-02900
Community Details
Overview
- Roy Dubois Association
- Garden City Sub Ph 1 C Subdivision
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 19, 2023
Closed on
Aug 16, 2023
Sold by
Z & Z Green Future Investment Llc
Bought by
Indira Acquisitions Llc
Seller's Agent
Carlos Velasquez
COLDWELL BANKER REALTY
Buyer's Agent
Fariba Azari Rad
EMPIRE NETWORK REALTY
List Price
$2,495,000
Sold Price
$2,000,000
Premium/Discount to List
-$495,000
-19.84%
Views
189
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$493,927
Avg. Annual Appreciation
-13.71%
Original Mortgage
$1,438,500
Outstanding Balance
$1,408,518
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$65,377
Purchase Details
Listed on
Mar 8, 2021
Closed on
May 7, 2021
Sold by
Marion Oaks Investments Llc
Bought by
Z & Z Green Future Investment Llc
Seller's Agent
Linda Weber
COLDWELL BANKER HUBBARD HANSEN
Buyer's Agent
Maria Avendano
NEXT GENERATION REALTY OF MARION COUNTY LLC
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.71%
Original Mortgage
$450,000
Interest Rate
2.73%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Mar 8, 2021
Closed on
Mar 22, 2021
Sold by
Velasquez Carlos and Velasquez Maria
Bought by
Marion Oaks Investments Llc
Seller's Agent
Linda Weber
COLDWELL BANKER HUBBARD HANSEN
Buyer's Agent
Maria Avendano
NEXT GENERATION REALTY OF MARION COUNTY LLC
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
2.73%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Mar 8, 2021
Closed on
Mar 17, 2021
Sold by
Realty Coidwell Banker Tony Hubbard
Bought by
Velasquez Carlos and Velasquez Maria
Seller's Agent
Linda Weber
COLDWELL BANKER HUBBARD HANSEN
Buyer's Agent
Maria Avendano
NEXT GENERATION REALTY OF MARION COUNTY LLC
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
2.73%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 26, 2019
Sold by
Premier Home Investment Llc
Bought by
Velasquez Carlos and Velasquez Maria
Purchase Details
Closed on
Nov 28, 2018
Sold by
Branch Robert A and Branch Shelly Ann
Bought by
Premier Home Nvestments Llc
Purchase Details
Closed on
Nov 29, 2004
Sold by
Mrad Ahmed Mazen
Bought by
Branch Robert A and Branch Shelly Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 5, 1997
Sold by
Ecad Fl Corp
Bought by
Mrad Ahmed Mazen
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Indira Acquisitions Llc | $2,000,000 | First American Title Insurance | |
| Z & Z Green Future Investment Llc | $650,000 | Attorney | |
| Marion Oaks Investments Llc | $650,000 | Attorney | |
| Velasquez Carlos | -- | Attorney | |
| Velasquez Carlos | -- | None Available | |
| Premier Home Nvestments Llc | $85,000 | None Available | |
| Branch Robert A | -- | South Lake Title Svcs Inc | |
| Mrad Ahmed Mazen | $74,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Indira Acquisitions Llc | $1,438,500 | |
| Previous Owner | Marion Oaks Investments Llc | $450,000 | |
| Previous Owner | Branch Robert A | $108,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/16/2023 08/16/23 | Sold | $2,000,000 | -13.0% | $321 / Sq Ft |
| 07/06/2023 07/06/23 | Pending | -- | -- | -- |
| 06/23/2023 06/23/23 | Price Changed | $2,300,000 | -7.8% | $369 / Sq Ft |
| 02/19/2023 02/19/23 | For Sale | $2,495,000 | +283.8% | $400 / Sq Ft |
| 05/07/2021 05/07/21 | Sold | $650,000 | -7.0% | $104 / Sq Ft |
| 04/16/2021 04/16/21 | Pending | -- | -- | -- |
| 03/23/2021 03/23/21 | For Sale | $699,000 | 0.0% | $112 / Sq Ft |
| 03/18/2021 03/18/21 | Pending | -- | -- | -- |
| 03/08/2021 03/08/21 | For Sale | $699,000 | -- | $112 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $16,513 | $1,288,771 | $175,000 | $1,113,771 |
| 2024 | $16,513 | $1,288,771 | $175,000 | $1,113,771 |
| 2023 | $16,513 | $1,211,421 | $125,000 | $1,086,421 |
| 2022 | $1,685 | $95,000 | $95,000 | $0 |
| 2021 | $1,164 | $70,000 | $0 | $0 |
| 2020 | $1,182 | $70,000 | $0 | $0 |
| 2019 | $1,028 | $70,000 | $0 | $0 |
| 2018 | $712 | $0 | $0 | $0 |
| 2017 | $681 | $0 | $0 | $0 |
| 2016 | $615 | $0 | $0 | $0 |
| 2015 | $611 | $0 | $0 | $0 |
| 2014 | $488 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Carlos Velasquez
-
Fariba Azari Rad
Buyer's Agent in 2023
Fariba Azari Rad
EMPIRE NETWORK REALTY
(321) 276-5711
68 Total Sales
-
Linda Weber
Seller's Agent in 2021
Linda Weber
COLDWELL BANKER HUBBARD HANSEN
(352) 636-4624
75 Total Sales
-
Andrea Summers
Seller Co-Listing Agent in 2021
Andrea Summers
COLDWELL BANKER HUBBARD HANSEN
(407) 267-2468
86 Total Sales
-
Maria Avendano
Buyer's Agent in 2021
Maria Avendano
NEXT GENERATION REALTY OF MARION COUNTY LLC
(352) 615-1060
119 Total Sales
Map
Source: Stellar MLS
MLS Number: T3429532
APN: 08-22-25-1010-000-02900
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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