NOT LISTED FOR SALE

Estimated Value: $1,002,471 - $1,261,000

3 Beds
2.5 Baths
2,937 Sq Ft
$380/Sq Ft Est. Value

Last Sold December 14, 2022

Last sale price $1,010,000 $344 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,927/month

29 Days on Market

Highlights

  • 40 Feet of Pond Waterfront
  • Horses Allowed in Community
  • View of Trees or Woods
  • Lakewood Ranch High School Rated A-
  • Oak Trees
  • 6.24 Acre Lot

About This Home

As of December 2022

Welcome to your slice of Country Paradise. This is one of the newer homes of Polmello Ranches, built in 2017. The
owner has had the home professionally inspected by Homestead Property Inspections, located right here in Myakka
City. So rest assured your buyers this home has been well-loved and ready for its new owners. This home definitely
screams CUSTOM BUILT. Every detail has been thought of. Once you enter the driveway, you are immediately greeted
by the grand front porch and the custom stonework on each pillar. Opening the front door, you will notice the wood look
tile that runs throughout the entire home. On your immediate left-hand side, you have a private office with glass french
doors. The office has a beautiful view of the front lawn, overlooking your private pond. Opposite your home office, is
the formal dining room with a lot of natural light from the front window. Beyond this formal dining area, you will find
your half bath and oversized Laundry room complete with sink and extra storage closet. They did not cut corners in the
kitchen. All appliances are stainless steel, the refrigerator was just replaced two years ago. The Granite countertops
add to the allure of the custom cabinetry. The eat-in island is lit with pendant lighting that brings a rustic vibe to the
kitchen area. There is plenty of room for groceries in the walk-in pantry that is centrally located in the kitchen. As you
mosey over into the family room your eyes are drawn to the beautiful stone fireplace that extends all the way up to the
vaulted ceilings that make this home feel so grand. The natural gas, wood-burning fireplace will bring that warm and
cozy feeling for the holidays that are just around the corner. Speaking of holidays, this home features a bonus room, or
as the owners like to call it the "GAME ROOM". Entertain your holiday guests just by adding a foosball, pool table, dart
board, or maybe a vintage pinball game to make this room complete. The guest bedrooms are on the larger size and
they share a beautifully outfitted bathroom with an above-counter sink and custom Moen faucet. Observe the custom
tile work all the way up to the ceiling in the combo tub/shower. The mirrors were not an after thought, as they add the
finishing touches to this mini spa area. On the opposing side of the home, we bring you into the Owners quarters.
Opening the privacy door we have not one but two walk-in closets, plus there is an additional grand walk-in closet
closer to the master bathroom area. Your first glimpse into the bathroom you see the dual vanity that carries the same
look and feels as the rest of the home. All faucets in the house are Moen quality and feature the same finish. This warm
and rustic vibe is complimented by the beautiful tile work and accent stone art displayed in the master shower. Ample
room for both owners to prepare for the day. The main bedroom overlooks the backyard view and the wood line of the
adjoining properties. The detached building was designed to compliment the home's curb appeal with its color match.
This building is super spacious, you could easily park 4 vehicles in there or use it as a workshop. The detached building
is complete with lighting and electrical as well. Behind the home, we have a fantastic covered pavilion and an outdoor
area just footsteps from the house. Only 2.6 of the 6.2 acres is cleared, so there is more room to grow! Room Feature: Linen Closet In Bath (Primary Bathroom).

Last Agent to Sell the Property

Michelle Ward

COMPASS FLORIDA LLC Brokerage Phone: 941-999-1179 License #3272126 Listed on: 10/17/2022

COMPASS FLORIDA LLC

Co-Listed By

Paula McCabe

COMPASS FLORIDA LLC Brokerage Phone: 941-999-1179 License #3494293

Last Buyer's Agent

Chris Callas

RE/MAX ALLIANCE GROUP License #3194263

RE/MAX ALLIANCE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,992

Year Built

  • Built in 2017

Lot Details

  • 6.24 Acre Lot
  • 40 Feet of Pond Waterfront
  • South Facing Home
  • Wire Fence
  • Mature Landscaping
  • Oversized Lot
  • Flag Lot
  • Cleared Lot
  • Oak Trees
  • Wooded Lot
  • Property is zoned A/WPM/ST

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 4 Car Garage

Property Views

  • Pond
  • Woods

Home Design

  • Ranch Style House
  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,937 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • French Doors
  • Family Room with Fireplace
  • Formal Dining Room
  • Den
  • Bonus Room
  • Inside Utility
  • Laundry Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Access To Pond
  • Separate Outdoor Workshop
  • Shed
  • Rain Gutters
  • Private Mailbox
  • Front Porch

Schools

  • Myakka City Elementary School
  • Dr Mona Jain Middle School
  • Lakewood Ranch High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • 1 Water Well
  • Electric Water Heater
  • 1 Septic Tank
  • High Speed Internet

Additional Features

  • Pasture
  • Zoned For Horses

Listing and Financial Details

Community Details

Overview

  • Mike Bailey Association
  • Pomello Park Community
  • Pomello Park Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,992

Year Built

Built in 2017

Lot Details

0

HOA Fees

$8 per month

Parking

4

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2937
  • Lot Size Acres: 6.24
  • New Construction: No
  • Year Built: 2017
  • Lot Size Sq Ft: 271814
  • Number Of Lots: 1
  • Directions to Property: from I-75, exit onto SR70, head east 12 miles. Turn left onto Verna Bethany Rd. Then turn left onto 69th Ave E. House is on right side of the road.
  • Status: Sold
  • Street Post Direction: E
  • Co List Office Mls Id: MFR281531515
  • Co List Office Phone: 941-999-1179
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 508758250
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 343.89
  • Total Acreage: 5 to less than 10
  • Unit Number YN: 0
  • Water Access YN: 1
  • Amenities Additional Fees: Lawn Care for neighborhood entries.
  • Attribution Contact: 941-999-1179
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Family Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, Open Floorplan, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Aluminum Frames
  • Street Number Modifier: 25715
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Den/Library/Office,Family Room,Formal Dining Room Separate,Inside Utility
  • Living Area Meters: 272.86
  • Room Count: 11

Exterior Features

  • Direction Faces: South
  • Other Structures: Shed(s), Storage, Workshop
  • Exterior Features: French Doors, Private Mailbox, Rain Gutters
  • Roof: Metal
  • Home Warranty: No
  • Pool Private: No
  • View: Trees/Woods, Water
  • Waterfront: Yes
  • Patio and Porch Features: Front Porch, Rear Porch
  • Road Surface Type: Asphalt
  • Water Access: Pond
  • Water Extras YN: 0
  • Water View: Pond
  • Water View YN: 1
  • Waterfront Feet Total: 40
  • Flood Zone Date: 2014-03-17
  • Flood Zone Panel: 12081C0370E
  • Water Frontage Feet Pond: 40

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 1
  • Number of Wells: 1

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Horses Allowed
  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Association Name: Mike Bailey
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: Per HOA Rules & Restrictions
  • Association Fee Requirement: Required
  • Association Email: pomellorancheshoa@gmail.com
  • Pet Size: Extra Large (101+ Lbs.)
  • Development: Pomello Ranches

Fee Information

  • Total Annual Fees: 100.00
  • Total Monthly Fees: 8.33
  • Monthly HOA Amount: 8.33

Schools

  • Elementary School: Myakka City Elementary
  • High School: Lakewood Ranch High
  • Middle Or Junior School: Dr Mona Jain Middle

Lot Info

  • Zoning: A/WPM/ST
  • Parcel Number: 321104952
  • Additional Parcels: No
  • Fencing: Wire
  • Lot Features: Cleared, Flag Lot, Oversized Lot, Pasture, Paved, Zoned for Horses
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 25252

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Per HOA Rules & Restrictions

Tax Info

  • Tax Annual Amount: 4992
  • Tax Book Number: 6-61
  • Tax Lot: 40

Multi Family

  • Waterfront Features: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2022
Closed on
Dec 14, 2022
Sold by
Orum David Edward
Bought by
Payne Vincent J and Payne Briana S
Seller's Agent
Michelle Ward
COMPASS FLORIDA LLC
Buyer's Agent
Chris Callas
RE/MAX ALLIANCE GROUP
List Price
$1,499,000
Sold Price
$1,010,000
Premium/Discount to List
-$489,000
-32.62%
Views
4
Current Estimated Value
$1,115,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,868
Avg. Annual Appreciation
3.68%
Original Mortgage
$510,000
Outstanding Balance
$495,204
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$620,822

Purchase Details

Closed on
Apr 24, 2014
Sold by
Coraci Antonio and Coraci Providenza
Bought by
Orum David Edward and Orum Connie Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 26, 2002
Sold by
Rischard Andre J and Rischard Edwige
Bought by
Coraci Antonino and Coraci Providencza
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
Payne Vincent J $1,010,000 --
Orum David Edward $58,500 Horizon Title
Coraci Antonino $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payne Vincent J $510,000
Closed Payne Vincent J $510,000
Previous Owner Orum David Edward $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2022 12/14/22 Sold $1,010,000 -26.5% $344 / Sq Ft
11/16/2022 11/16/22 Pending -- -- --
11/09/2022 11/09/22 Price Changed $1,375,000 -8.3% $468 / Sq Ft
10/17/2022 10/17/22 For Sale $1,499,000 -- $510 / 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 $11,679 $844,356 $224,519 $619,837
2024 $11,679 $844,687 $224,519 $620,168
2023 $11,679 $812,216 $152,755 $659,461
2022 $5,152 $362,081 $0 $0
2021 $4,992 $351,535 $0 $0
2020 $5,169 $346,681 $0 $0
2019 $5,274 $350,030 $0 $0
2018 $5,510 $324,764 $70,500 $254,264
2017 $1,631 $70,500 $0 $0
2016 $842 $56,450 $0 $0
2015 $869 $56,450 $0 $0
2014 $869 $56,450 $0 $0
2013 $881 $56,450 $56,450 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4549712

Stellar MLS

APN: 3211-0495-2