NOT LISTED FOR SALE

1877 Redwood Grove Terrace Lake Mary, FL 32746

Alaqua Neighborhood

Estimated Value: $877,000 - $1,195,919

7 Beds
5 Baths
4,571 Sq Ft
$239/Sq Ft Est. Value

Last Sold January 17, 2019

Last sale price $750,000 $164 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $7,017/month

137 Days on Market

Highlights

  • Screened Pool
  • Gated Community
  • Cathedral Ceiling
  • Heathrow Elementary School Rated A
  • Family Room with Fireplace
  • Main Floor Primary Bedroom

About This Home

As of January 2019

JUST REDUCED!! Fantastic deal on this home with an attached 2 bedroom apartment! Perfect design for a family wanting extra space for their guests or extended family. Main home has 3330 SF and features a Family room with fireplace, soaring two story ceiling, adjoining kitchen with breakfast bar, center-island with separate dining area overlooking pool, stainless appliances, and granite counters. Master bedroom suite and 2nd bedroom/den is located on 1st floor, with two sided staircase leading to additional three bedrooms and bonus room upstairs. Adjoining the main home is a 1241 SF guest house with its own entrance, living and dining are and full kitchen, 2 bedrooms/2 baths, office and separate garage in addition to the 3 car garage attached to the main home. Both living areas surround the screened-in patio, heated pool, summer kitchen and large stone fire pit in the private backyard. The current owner has put over $150,000 into the home for the following items: pool resurface, pool deck redo, pool heater, pump, & salt chlorinator, AC units in Main house, exterior painting, driveway pad, hot water heater, kitchen cabinet resurfacing, Summer kitchen granite, new carpet, and a new tile roof was recently completed.

Last Agent to Sell the Property

Cheryl Foutz

LAKES & LINKS INT'L REALTY License #455536 Listed on: 07/23/2018

Last Buyer's Agent

Cheryl Foutz

LAKES & LINKS INT'L REALTY License #455536 Listed on: 07/23/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,648

Year Built

  • Built in 2000

Lot Details

  • 0.54 Acre Lot
  • Property fronts a private road
  • South Facing Home
  • Oversized Lot
  • Irrigation

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway
  • Open Parking

Home Design

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

Interior Spaces

  • 4,571 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room with Fireplace
  • Separate Formal Living Room
  • Formal Dining Room
  • Den
  • Loft
  • Bonus Room
  • Inside Utility
  • Laundry in unit
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • 5 Full Bathrooms

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Saltwater Pool
  • Fence Around Pool
  • Auto Pool Cleaner

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Magnolia Plantation Subdivision
  • The community has rules related to deed restrictions, fencing
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Community Playground

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,648

Year Built

Built in 2000

Lot Details

0

HOA Fees

$33 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 4571
  • Lot Size Acres: 0.54
  • New Construction: No
  • Year Built: 2000
  • Building Area Total: 6536
  • Lot Size Sq Ft: 23391
  • Directions to Property: W. on Lake Mary Blvd to N. on Markham Woods Rd., or Left into Magnolia. Left on Shadowmoss, Left on Redwood.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5722583&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5722583&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 5PG
  • Ratio: Close Price\List Price: 0.96787
  • Price per Sq Ft: 164.08
  • Close to Original List Price Ratio: 0.9047
  • Ratio: Current Price\Building Area Total: 114.75
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 5
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), High Ceiling(s), Master Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 7
  • Levels: Two
  • Window Features: Blinds
  • Street Number Modifier: 1877
  • Room Count: 14
  • Additional Rooms: Bonus Room, Den/Library/Office, Family Room, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility, Interior In-Law Suite, Loft
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Pool Features: Auto Cleaner, Heated, In Ground, Salt Water, Screen Enclosure
  • Exterior Features: Irrigation System, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • Road Frontage Type: Private Road
  • Waterfront: No
  • 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: 4
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage Door Opener, Garage Faces Side
  • Covered Parking Spaces: 4
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Street Lights, Underground Utilities
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Zoned
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community, Tennis Courts
  • Association Amenities: Fence Restrictions, Gated, Playground, Security, Tennis Court(s)
  • Association Fee: 400
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 400
  • Monthly HOA Fee: 33.33
  • Total Monthly Fees: 33.33

Schools

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

Lot Info

  • Zoning: R
  • Parcel Number: 03-20-29-5PG-0000-4370
  • Additional Parcels: No
  • Lot Features: In County, Oversized Lot, Sidewalk
  • Millage Rate: 15.62
  • Flood Zone Code: X
  • Future Land Use: 01
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 6 Months
  • Approval Process: Verify with Sentry Management
  • Num Timesper Year: 1
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Verify with Sentry Management.

Tax Info

  • Tax Annual Amount: 7648
  • Tax Block: 0000
  • Tax Book Number: 0055/0073
  • Tax Lot: 4370

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2018
Closed on
Jan 17, 2019
Sold by
Meisel John E and Meisel Melanie S
Bought by
Harshbarger Bryan P
Seller's Agent
Cheryl Foutz
LAKES & LINKS INT'L REALTY
Buyer's Agent
Cheryl Foutz
LAKES & LINKS INT'L REALTY
List Price
$829,000
Sold Price
$750,000
Premium/Discount to List
-$79,000
-9.53%
Current Estimated Value
$1,159,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,792
Avg. Annual Appreciation
5.53%
Original Mortgage
$400,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 12, 2013
Closed on
Jul 30, 2013
Sold by
Ayers Gary and Ayers Nancy K
Bought by
Meisel John E and Meisel Melanie S
Seller's Agent
Cliff Glansen
FLATFEE.COM
Buyer's Agent
Susan Ekalo
DEBARY REALTY
List Price
$699,000
Sold Price
$670,000
Premium/Discount to List
-$29,000
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.08%
Original Mortgage
$417,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2000
Sold by
Beazer Homes Corp
Bought by
Ayers Gary and Ayers Nancy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2000
Bought by
Meisel John E and Meisel Melanie S

Purchase Details

Closed on
Jun 1, 1999
Bought by
Meisel John E and Meisel Melanie S
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
Harshbarger Bryan P $750,000 Attorney
Meisel John E $669,000 Prominence Title & Escrow Ll
Ayers Gary $346,700 --
Meisel John E $346,700 --
Meisel John E $2,290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harshbarger Bryan P $404,000
Closed Harshbarger Bryan P $400,000
Previous Owner Meisel John E $100,000
Previous Owner Meisel John E $417,000
Previous Owner Ayers Gary $410,000
Previous Owner Ayers Gary $275,000
Previous Owner Ayers Gary $100,000
Previous Owner Ayers Gary $275,000
Previous Owner Ayers Gary $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2019 01/17/19 Sold $750,000 -3.2% $164 / Sq Ft
12/07/2018 12/07/18 Pending -- -- --
11/13/2018 11/13/18 Price Changed $774,900 -3.1% $170 / Sq Ft
09/10/2018 09/10/18 Price Changed $799,900 -3.5% $175 / Sq Ft
07/23/2018 07/23/18 For Sale $829,000 +23.7% $181 / Sq Ft
07/30/2013 07/30/13 Sold $670,000 -4.1% $147 / Sq Ft
05/17/2013 05/17/13 Pending -- -- --
04/12/2013 04/12/13 For Sale $699,000 -- $153 / 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 $7,980 $621,065 -- --
2023 $7,798 $602,976 $0 $0
2021 $7,536 $568,363 $0 $0
2020 $7,486 $560,516 $0 $0
2019 $8,855 $610,243 $0 $0
2018 $7,676 $559,291 $0 $0
2017 $7,648 $547,787 $0 $0
2016 $8,378 $579,638 $0 $0
2015 $8,237 $572,231 $0 $0
2014 $8,237 $567,689 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5722583

Stellar MLS

APN: 03-20-29-5PG-0000-4370