NOT LISTED FOR SALE

2903 Lake Ridge Ln Weston, FL 33332

Estimated Value: $4,175,000 - $4,862,000

8 Beds
10 Baths
9,004 Sq Ft
$504/Sq Ft Est. Value

Last Sold July 01, 2019

Last sale price $2,700,000 $300 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $28,392/month

376 Days on Market

Highlights

  • Mangrove Front
  • Home Theater
  • Sitting Area In Primary Bedroom
  • Manatee Bay Elementary School Rated A
  • Heated In Ground Pool
  • Gated Community

About This Home

As of July 2019

Extra! Extra! Major COMPETITIVE price change. This Spanish-style compound features 8 BD, 8 BA, 2 half BA. The estate is flooded with natural light, wide custom build arches that lead you into open spaces, perfect for entertaining. The open floor plan includes living room, dining room, billiard room, office/playroom, theater room, poker room, guest suite, two fire-places, chef’s kitchen, stainless steel appliances. Oversized pool overlooking a private preserve with a true 1 acre size lot. One of kind living experience tucked away just min from Mia, Ft. Laud!
Resort style living in Weston.....Wont last!

Last Agent to Sell the Property

Giselle Bonetti

Coldwell Banker Realty License #3041549 Listed on: 04/24/2018

Coldwell Banker Realty

Last Buyer's Agent

Michael Pequeno

United Realty Group Inc License #3251589

United Realty Group Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,602

Year Built

  • Built in 2008

Lot Details

  • 1 Acre Lot
  • Home fronts a canal
  • Northeast Facing Home
  • Fenced

HOA Fees

  • $1,065 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Paver Block
  • Open Parking

Home Design

  • Old Spanish Architecture
  • Barrel Roof Shape
  • Concrete Block With Brick
  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 9,004 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Custom Mirrors
  • Central Vacuum
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Loft
  • Lake Views
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Closet Cabinetry
  • Walk-In Closet
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer

Home Security

  • Complete Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Outdoor Features

  • Heated In Ground Pool
  • Mangrove Front
  • Balcony
  • Patio
  • Outdoor Grill

Schools

  • Manatee Bay Elementary School
  • Tequesta Trace Middle School
  • Cypress Bay High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 503924090220

Community Details

Overview

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

Security

  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,602

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,065 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story, Old Spanish
  • Directions: I-75 exit Royal Palm Blvd. To Bonaventure blvd, make a left to South post rd make a right. Community of the left hand side.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • 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: Trash Compactor, Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, Custom Mirrors, Entrance Foyer, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Attic, Den/Library/Office, Family Room, Separate Guest/In-Law Quarters, Loft, Maid/In-Law Quarters, Media Room, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 8
  • Half Bathrooms: 2
  • Total Bedrooms: 8
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Other, Wood
  • Furnished: Unfurnished
  • Living Area: 9004
  • Other Equipment: Automatic Garage Door Opener, Central Vacuum, Natural Gas
  • Possible Use: Primary
  • Window Features: Complete Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Ground Level, Sitting Area - Master Bedroom, Other
  • Dining Room Features: Breakfast Area, Formal Dining, Snack Bar/Counter
  • Living Room Features: Attic, Den/Library/Office, Family Room, Separate Guest/In-Law Quarters, Loft, Maid/In-Law Quarters, Media Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Barrel Roof, Concrete
  • View: Lake, Other
  • Exterior Features: Built-In Grill, Fruit Trees, Open Balcony
  • Construction Type: Concrete Block With Brick, CBS Construction
  • Direction Faces: Northeast
  • Fencing: Fenced
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Pool/No Ocean Access, Canal Front, Mangrove Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: ESTATES OF SWAN LAKE
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Other, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association Fee: 3195
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Community Features: Gated, Maintained Community, Management On Site, Mandatory Hoa
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Manatee Bay
  • High School: Cypress Bay
  • Middle Or Junior School: Tequesta Trace

Lot Info

  • Parcel Number: 503924090220
  • Lot Size Sq Ft: 43608
  • Zoning: res
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 46602

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2018
Closed on
Jun 26, 2019
Sold by
Ramirez Hanley
Bought by
Cottone Robert C and Cottone Jacqueline E
Seller's Agent
Giselle Bonetti
Coldwell Banker Realty
Buyer's Agent
Michael Pequeno
United Realty Group Inc
List Price
$3,993,000
Sold Price
$2,700,000
Premium/Discount to List
-$1,293,000
-32.38%
Current Estimated Value
$4,539,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,839,618
Avg. Annual Appreciation
8.55%
Original Mortgage
$1,700,000
Outstanding Balance
$1,472,739
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,066,879

Purchase Details

Closed on
Nov 10, 2008
Sold by
Friedman Eric and Friedman Susan
Bought by
Ramirez Hanley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,520,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 2007
Sold by
Southern Chateaux Inc
Bought by
Friedman Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,432,294
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2005
Sold by
Windmill Reserve Corp
Bought by
Southern Chateaux Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,679,000
Interest Rate
5.62%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 17, 2005
Sold by
Windmill Reserve Corp
Bought by
Southern Chateaux Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,679,000
Interest Rate
5.62%
Mortgage Type
Construction
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
Cottone Robert C $2,700,000 Attorney
Ramirez Hanley $3,950,000 Attorney
Friedman Eric $4,290,400 Weston Road Title & Escrow I
Southern Chateaux Inc $680,800 Weston Road Title & Escrow I
Southern Chateaux Inc $653,400 Weston Road Title & Escrow I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cottone Robert C $1,700,000
Previous Owner Ramirez Hanley $2,520,000
Previous Owner Friedman Eric $3,432,294
Previous Owner Southern Chateaux Inc $1,679,000
Previous Owner Southern Chateaux Inc $2,133,864
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2019 07/01/19 Sold $2,700,000 -12.9% $300 / Sq Ft
05/05/2019 05/05/19 Pending -- -- --
02/21/2019 02/21/19 Price Changed $3,099,000 -16.9% $344 / Sq Ft
01/11/2019 01/11/19 Price Changed $3,730,000 -1.8% $414 / Sq Ft
08/12/2018 08/12/18 Price Changed $3,800,000 -2.3% $422 / Sq Ft
08/01/2018 08/01/18 Price Changed $3,890,000 -2.6% $432 / Sq Ft
04/24/2018 04/24/18 For Sale $3,993,000 -- $443 / 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 $42,797 $2,449,730 -- --
2024 $42,071 $2,380,690 -- --
2023 $42,071 $2,311,350 $0 $0
2022 $40,080 $2,244,030 $0 $0
2021 $38,993 $2,178,670 $0 $0
2020 $38,659 $2,171,770 $0 $0
2019 $49,329 $2,729,280 $675,920 $2,053,360
2018 $50,725 $2,859,030 $675,920 $2,183,110
2017 $46,602 $2,722,800 $0 $0
2016 $32,598 $1,873,450 $0 $0
2015 $33,346 $1,860,430 $0 $0
2014 $33,691 $1,845,670 $0 $0
2013 -- $1,818,400 $675,920 $1,142,480
Source: Public Records

Agents Affiliated with this Home

  • Giselle Bonetti

    Seller's Agent in 2019

    Giselle Bonetti

    Coldwell Banker Realty

    (954) 937-0616

    7 Total Sales

    Giselle Bonetti
    Section Image
  • Michael Pequeno

    Buyer's Agent in 2019

    Michael Pequeno

    United Realty Group Inc

    (954) 450-2000

    20 Total Sales

    Michael Pequeno
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10456741

MIAMI REALTORS® MLS

APN: 50-39-24-09-0220

Florida Broward County Weston 33332

2903 Lake Ridge Ln, Weston, FL

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