NOT LISTED FOR SALE

1837 Redwood Grove Terrace Lake Mary, FL 32746

Alaqua Neighborhood

Estimated Value: $714,449 - $808,000

4 Beds
3 Baths
2,513 Sq Ft
$298/Sq Ft Est. Value

Last Sold February 23, 2021

Last sale price $507,000 $202 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,826/month

3 Days on Market

Highlights

  • Screened Pool
  • Gated Community
  • Separate Formal Living Room
  • Heathrow Elementary School Rated A
  • Contemporary Architecture
  • High Ceiling

About This Home

As of February 2021

Magnolia Plantation is beautiful 24 hour guard gated neighborhood with generous size lots and close to all major shopping. This lovely home has been recently updated with new paint throughout, NEW A/C 2020, NEW energy efficient WINDOWS 2018, new bath light fixtures, new door hardware, new gutters. Wood look TILE in all rooms. Island kitchen with stainless appliances and breakfast nook overlooks family room. Two sets of sliding doors in family room allow lots of natural light. Check the large storage closet in foyer. Formal living and formal dining room with tray ceiling. Spacious master suite has sitting area and two walk-in closets. Master bath features his and hers vanity, garden tub and separate shower stall. Entertain on the covered lanai and screened pool area overlooking very private back yard. Inside laundry room and side entry 3 car garage. Community offers tennis courts with bathroom for residents, recreation field and a park. Seller provides One Year Home Warranty with AHS.

Last Agent to Sell the Property

Pam White

COLDWELL BANKER REALTY License #333762 Listed on: 01/13/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,521

Year Built

  • Built in 2000

Lot Details

  • 0.41 Acre Lot
  • North Facing Home
  • Landscaped with Trees
  • Property is zoned PUD

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,513 Sq Ft Home
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Sliding Doors
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room
  • Utility Room
  • Ceramic Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

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

Schools

  • Heathrow Elementary School
  • Markham Woods Middle School
  • Seminole High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Reclaimed Water Irrigation System
  • Screened Patio

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 440
  • Assessor Parcel Number 03-20-29-5PG-0000-4400

Community Details

Overview

  • Association fees include 24-hour guard
  • Sentry Management/Marlo Sanders Association, Phone Number (407) 788-6700
  • Magnolia Plantation Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community

Recreation

  • Tennis Courts
  • Community Playground
  • Park

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,521

Year Built

Built in 2000

Lot Details

0

HOA Fees

$150 per month

Parking

3

Listing Details

  • HOA Fee Includes: 24-Hour Guard
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Living Area: 2513.00
  • Lot Size Acres: 0.41
  • Year Built: 2000
  • Building Area Total: 3448.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5916232?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5916232?w=Customer
  • Lot Size Sq Ft: 18074
  • Building Search Sq Meters: 320.33
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5916232?w=PubMLS
  • Directions to Property: Lake Mary Blvd. to north (right) on Markham Woods Rd. Left into Magnolia Plantation. Must show license at gate. Continue on Timberbrook to left on Shadowmoss Cir. Left on first Redwood Grove Terrace.
  • Escrow City: Lake Mary
  • Escrow Postal Code: 32746
  • Escrow State: FL
  • Escrow Street Name: Townpark Ave.
  • Escrow Street Number: 1145
  • List Office Head Office Key Nume: 1046393
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 8
  • Living Area Units: Square Feet
  • Additional Rooms: Family Room, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility
  • Flooring: Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Window Features: Insulated Windows
  • Living Area Meters: 233.47
  • Street Number Modifier: 1837

Exterior Features

  • Direction Faces: North
  • Pool Features: Gunite, In Ground, Screen Enclosure
  • Exterior Features: Irrigation System, Sidewalk, Sliding Doors
  • Roof: Tile
  • Flood Zone Code: X
  • Flood Zone Date: 09/28/2007
  • Flood Zone Panel: 12117C0045F
  • Home Warranty: Yes
  • Pool Private: Yes
  • Patio and Porch Features: Screened

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Garage Faces Side

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community, Golf Carts OK, Irrigation-Reclaimed Water, Playground, Sidewalk, Tennis Courts
  • Monthly HOA Fees: 150.00
  • Planned Unit Development: Yes
  • Association Amenities: Gated, Park, Tennis Court(s)
  • Association Fee: 450.00
  • Association Fee Frequency: Quarterly
  • Association Fee Requirement: Required
  • Association Name: SENTRY MANAGEMENT/Marlo Sanders
  • Phone: 407-788-6700
  • Association: Yes
  • Security: Gated Community
  • Association Email: msanders@sentrymgt.com

Fee Information

  • Total Annual Fees: 1800.00
  • Total Monthly Fees: 150.00

Schools

  • Elementary School: Heathrow Elementary
  • Middle School: Markham Woods Middle
  • High School: Seminole High
  • Elementary School: Heathrow Elementary
  • High School: Seminole High
  • Middle Or Junior School: Markham Woods Middle

Lot Info

  • Total Acreage: 1/4 to less than 1/2
  • Zoning: PUD
  • Parcel Number: 03-20-29-5PG-0000-4400
  • Lot Features: Sidewalk, Street Paved
  • Lot Size Square Meters: 1679

Rental Info

  • Minimum Lease: 1-2 Years
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 5521.00
  • Tax Block: 0000
  • Tax Book Number: 55-73
  • Tax Lot: 440

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2021
Closed on
Feb 10, 2021
Sold by
Abdelaziz Ismail
Bought by
Farooq Shaheen Akhlaque and Farooq Shaukat
Seller's Agent
Pam White
COLDWELL BANKER REALTY
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$510,000
Sold Price
$507,000
Premium/Discount to List
-$3,000
-0.59%
Current Estimated Value
$730,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,756
Avg. Annual Appreciation
8.76%
Original Mortgage
$502,000
Outstanding Balance
$454,079
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$285,109

Purchase Details

Closed on
Sep 8, 2011
Sold by
Us Bank National Association
Bought by
Abdelaziz Ismail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,747
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 26, 2011
Sold by
Methven Mark R
Bought by
Us Bank National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,747
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 1, 2011
Bought by
Abdelaziz Ismail

Purchase Details

Closed on
Dec 4, 2000
Sold by
Beazer Homes Corp
Bought by
Methven Mark R and Methven Randy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,350
Interest Rate
7.82%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 1, 2000
Bought by
Abdelaziz Ismail

Purchase Details

Closed on
Jun 1, 1999
Bought by
Abdelaziz Ismail
Source: Public Records

Range of Values:

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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
Farooq Shaheen Akhlaque $507,000 Sunbelt Title Agency
Abdelaziz Ismail $365,000 Watson Title Insurance Agenc
Us Bank National Association -- Attorney
Abdelaziz Ismail $100 --
Methven Mark R $316,900 --
Abdelaziz Ismail $316,900 --
Abdelaziz Ismail $2,290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farooq Shaheen Akhlaque $502,000
Previous Owner Steele Roxanne $368,000
Previous Owner Abdelaziz Ismail $355,747
Previous Owner Methven Mark R $464,000
Previous Owner Methven Mark R $283,600
Previous Owner Methven Mark R $32,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2021 02/23/21 Sold $507,000 -0.6% $202 / Sq Ft
01/16/2021 01/16/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $510,000 -- $203 / 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 $8,322 $593,717 -- --
2023 $7,619 $539,743 $0 $0
2021 $5,754 $399,735 $113,000 $286,735
2020 $5,521 $379,916 $0 $0
2019 $5,688 $386,018 $0 $0
2018 $5,749 $388,458 $0 $0
2017 $5,309 $348,719 $0 $0
2016 $5,788 $378,025 $0 $0
2015 $5,601 $371,693 $0 $0
2014 $5,601 $363,093 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5916232

Stellar MLS

APN: 03-20-29-5PG-0000-4400