NOT LISTED FOR SALE

2863 Lake Ridge Ln Weston, FL 33332

Estimated Value: $3,914,000 - $4,528,081

6 Beds
7.5 Baths
6,662 Sq Ft
$645/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $3,775,000 $567 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $30,757/month

148 Days on Market

Highlights

  • Guest House
  • Home Theater
  • Gated Community
  • Manatee Bay Elementary School Rated A
  • In Ground Pool
  • Waterfront

About This Home

As of August 2023

Elegant transitional estate offering unobstructed views of a nature preserve located in guard-gated Windmill Reserve. Car lovers-6-car garage w/lift! This timeless one-story villa features 5 BD/5.5BA + office + bonus room +media/gym. Separate two-story casita with 1 BD, 2 full BA, living/dining area, washer/dryer hook-ups, & private entrance. Huge family room opens to lavish kitchen equipped w/ Thermador appliances, double island w/ two-toned quarts countertops, two-toned self-closing cabinetry, butler’s pantry w/ wine cooler. Entertain in your living room w/wet bar with GE Monogram fridge & ice maker & TV. Enjoy sunsets under expansive covered 1,600-Sq. Ft. patio w/6-seater bar. Saltwater pool/spa with seating ledge. Marble & porcelain plank flooring, interior/exterior surround sound.

Last Agent to Sell the Property

Benjamin Moss

Compass Florida, LLC. License #0698207 Listed on: 02/06/2023

Compass Florida, LLC.

Last Buyer's Agent

Geraldine Khawly

Premier Realty & Invest. Group License #3112869

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,765

Year Built

  • Built in 2016

Lot Details

  • 1.01 Acre Lot
  • Waterfront
  • Northeast Facing Home
  • Fenced

HOA Fees

  • $1,022 Monthly HOA Fees

Parking

  • 6 Car Attached Garage
  • Detached Carport Space
  • Circular Driveway
  • Paver Block
  • Guest Parking
  • Open Parking

Property Views

  • Water
  • Pool

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 6,662 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Vaulted Ceiling
  • Entrance Foyer
  • Home Theater
  • Den
  • Marble Flooring
  • Washer

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Closet Cabinetry

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Patio
  • Exterior Lighting

Schools

  • Manatee Bay Elementary School
  • Falcon Cove Middle School
  • Cypress Bay High School

Additional Features

  • Guest House
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 503924090200

Community Details

Overview

  • Estates Of Swan Lake,Windmill Reserve Subdivision
  • Mandatory home owners association

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,765

Year Built

Built in 2016

Lot Details

0

HOA Fees

$1,022 per month

Parking

6

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story, Two Story
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: ESTATES OF SWAN LAKE,Windmill Reserve
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Ice Maker, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Bar, Built-in Features, Closet Cabinetry, Cooking Island, Entrance Foyer, Volume Ceilings, Wet Bar, Den/Library/Office, Media Room
  • Spa Yn: Yes
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Marble, Other
  • Furnished: Unfurnished
  • Living Area: 6662
  • Other Equipment: Natural Gas
  • Possible Use: Primary
  • Window Features: Clear Impact Glass, High Impact Windows, Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Primary Bedroom Ground Level
  • Living Room Features: Den/Library/Office, Guest House, Media Room

Exterior Features

  • Roof: Flat Tile
  • View: Pool, Water
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: Northeast
  • Fencing: Fenced
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Other Structures: Guest House
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Pool/No Ocean Access, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: ESTATES OF SWAN LAKE
  • Covered Parking Spaces: 6
  • Garage Spaces: 6
  • Open Parking: Yes
  • Parking Features: Detached Carport, Circular Driveway, Driveway, Guest, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association Fee: 3066
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Community Features: Gated Community, Mandatory Hoa
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Manatee Bay
  • High School: Cypress Bay
  • Middle Or Junior School: Falcon Cove

Lot Info

  • Parcel Number: 503924090200
  • Lot Size Sq Ft: 43793
  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 40765

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2023
Closed on
Aug 31, 2023
Sold by
Richardson Thomas G and Richardson Kristal Nicole
Bought by
Vernon Olivier and Vernon Eden
Seller's Agent
Benjamin Moss
Compass Florida, LLC
Buyer's Agent
Geraldine Khawly
Premier Realty & Invest. Group
List Price
$4,500,000
Sold Price
$3,775,000
Premium/Discount to List
-$725,000
-16.11%
Views
532
Current Estimated Value
$4,457,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$682,033
Avg. Annual Appreciation
6.83%

Purchase Details

Closed on
Apr 12, 2013
Sold by
Robert Castellano Building & Design Llc
Bought by
Richardson Tom and Richardson Kristal

Purchase Details

Closed on
Oct 27, 1998
Sold by
Gallagher Robert I and Gallagher Loretta
Bought by
Estates Of Swan Lake Corp
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vernon Olivier $3,775,000 Closing Express
Richardson Tom -- None Available
Robert Castellano Building & Design Llc -- Weston Road Title & Escrow I
Robert Castellano Building & Design Llc $600,000 Weston Road Title & Escrow I
Richardson Tom $700,000 None Available
Estates Of Swan Lake Corp $2,047,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richardson Tom $1,035,000
Previous Owner Richardson Tom $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $3,775,000 -5.5% $567 / Sq Ft
07/05/2023 07/05/23 Pending -- -- --
06/05/2023 06/05/23 Price Changed $3,995,000 -6.0% $600 / Sq Ft
03/28/2023 03/28/23 Price Changed $4,250,000 -5.6% $638 / Sq Ft
02/06/2023 02/06/23 For Sale $4,500,000 -- $675 / Sq Ft
Source: MIAMI REALTORS® 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 $63,985 $3,549,310 $678,790 $2,870,520
2024 $42,789 $3,549,310 $678,790 $2,870,520
2023 $42,789 $2,351,740 $0 $0
2022 $40,765 $2,283,250 $0 $0
2021 $39,659 $2,216,750 $0 $0
2020 $38,910 $2,186,150 $0 $0
2019 $38,202 $2,137,000 $0 $0
2018 $40,499 $2,309,240 $0 $0
2017 $41,900 $2,481,030 $0 $0
2016 $45,776 $2,641,270 $0 $0
2015 $14,368 $746,660 $0 $0
2014 $12,778 $678,790 $0 $0
2013 -- $678,790 $678,790 $0
Source: Public Records

Agents Affiliated with this Home

  • Benjamin Moss

    Seller's Agent in 2023

    Benjamin Moss

    Compass Florida, LLC.

    (305) 330-5481

    155 Total Sales

    Section Image

  • G

    Buyer's Agent in 2023

    Geraldine Khawly

    Premier Realty & Invest. Group

    (954) 394-4810

    49 Total Sales

    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11323114

MIAMI REALTORS® MLS

APN: 50-39-24-09-0200

Florida Broward County Weston 33332

2863 Lake Ridge Ln, Weston, FL

This home is located at 2863 Lake Ridge Ln, Weston, FL 33332 since 06 February 2023 and is currently estimated at $4,294,020, approximately $644 per square foot. This property was built in 2016. 2863 Lake Ridge Ln is a home located in Broward County with nearby schools including Manatee Bay Elementary School, Falcon Cove Middle School, and Cypress Bay High School.

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.

MIAMI REALTORS® MLS 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.

Nearby Homes