NOT LISTED FOR SALE

2947 Lake Ridge Ln Weston, FL 33332

Estimated Value: $4,804,900 - $5,369,000

7 Beds
8.5 Baths
8,903 Sq Ft
$571/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $3,000,000 $337 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $33,749/month

173 Days on Market

Highlights

  • Lake Front
  • Guest House
  • Heated In Ground Pool
  • Manatee Bay Elementary School Rated A
  • Home Theater
  • Sitting Area In Primary Bedroom

About This Home

As of June 2021

This paradise is located in one of the top neighborhoods in Weston, Florida U.S. It is characterized by open spaces for indoor-outdoor entertaining, large backyard and top-line finishes and features, more than $1 million in high-end upgrades. Gourmet-style kitchen, Sub-Zero appliances, gas range, oversize pantry. Office, game room with a bar, and home theater. The master suite is especially impressive with its Jacuzzi tub, sitting area, double walk-in closet and a bar. Separate guesthouse with a kitchenette and own garage
Heated pool with a spa and waterfall features, summer kitchen with a barbecue grill, granite counter top, bar, refrigerator, ice maker and sink, custom-built pergola with an expansive deck.
Exotic landscaping, and decorative lighting.

Last Agent to Sell the Property

Alicia Mayz

One Sotheby's Int'l Realty License #3191998 Listed on: 10/30/2020

One Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,753

Year Built

  • Built in 2006

Lot Details

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

HOA Fees

  • $1,067 Monthly HOA Fees

Parking

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

Home Design

  • Mediterranean Architecture
  • Split Level Home
  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 8,903 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • Fireplace
  • Solar Tinted Windows
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Recreation Room
  • Storage Room
  • Lake Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Gas Range
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Walk-In Closet
  • Two Primary Bathrooms
  • In-Law or Guest Suite
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Intercom Access
  • Partial Panel Shutters or Awnings
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Eco-Friendly Details

  • Solar Water Heater
  • Solar Heating System

Pool

  • Heated In Ground Pool
  • Free Form Pool
  • Pool Equipment Stays
  • Auto Pool Cleaner

Outdoor Features

  • Deck
  • Exterior Lighting
  • Outdoor Grill

Additional Homes

  • Guest House
  • One Bathroom Guest House
  • Guest House Includes Kitchen
  • Guest House Has A Garage

Schools

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

Additional Features

  • Handicap Accessible
  • Central Heating and Cooling System

Community Details

  • Estates Of Swan Lake,Windmill Reserve Subdivision
  • Mandatory home owners association
  • Maintained Community
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Listing and Financial Details

  • Assessor Parcel Number 503924090240

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,753

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,067 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Mediterranean, Split Level
  • 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_GuestHouseDescription: 1 Bath, Garage, Kitchen
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Gas Range, Refrigerator, Self Cleaning Oven, Solar Hot Water, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Bar, Entrance Foyer, Pantry, Walk-In Closet(s), Wet Bar, Den/Library/Office, Family Room, Separate Guest/In-Law Quarters, Media Room, Recreation Room, Storage, Utility Room/Laundry
  • Spa Yn: Yes
  • Accessibility Features: Handicap Access
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 8903
  • Other Equipment: Automatic Garage Door Opener, Central Vacuum, Intercom
  • Possible Use: Primary
  • Window Features: Partial Impact Glass, Partial Panel Shutters/Awnings, Blinds, Drapes, High Impact Windows, Solar Film/Tinted
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Master Bedroom Ground Level, Sitting Area - Master Bedroom
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Separate Guest/In-Law Quarters, Guest House, Media Room, Recreation Room, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: 2 Master Bathrooms, Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Lake, Other, Water
  • Exterior Features: Built-In Grill, 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: Deck
  • Pool Features: Auto Pool Clean, In Ground, Equipment Stays, Free Form, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Pool/No Ocean Access, Canal Front, Lake
  • 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, Driveway, Paver Block, On Street, No Rv/Boats, No Trucks/Trailers

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Solar
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association Fee: 3200
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Community Features: Maintained Community, Mandatory Hoa, Street Lights
  • 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: 503924090240
  • Lot Size Sq Ft: 43746
  • Zoning: RESIDENTIAL
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Water Heater

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 42753

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2021
Sold by
Katyal Vipul and Katyal Shalini
Bought by
Katyal Vipul and Katyal Shalini
Current Estimated Value
$5,084,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$685,621
Interest Rate
2.35%
Mortgage Type
New Conventional
Estimated Equity
$4,399,346

Purchase Details

Listed on
Oct 30, 2020
Closed on
Jun 4, 2021
Sold by
Fernandez Jose Ignacio and Fernandez Isabel
Bought by
The Shalini Katyal Revocable Trust
Seller's Agent
Alicia Mayz
One Sotheby's Int'l Realty
List Price
$3,390,000
Sold Price
$3,000,000
Premium/Discount to List
-$390,000
-11.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.66%

Purchase Details

Closed on
Jun 13, 2007
Sold by
Available Not
Bought by
Available Not
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
Katyal Vipul -- Amrock Llc
The Shalini Katyal Revocable Trust $3,000,000 Florida Secured Title Llc
Available Not $3,700,000 --
Available Not $180,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katyal Vipul $750,000
Previous Owner Fernandez Jose Ignacio $800,000
Previous Owner Fernandez Jose Ignacio $2,000,000
Previous Owner Fernandez Jose Ignacio $7,980,000
Previous Owner Fernandez Jose I $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $3,000,000 -8.8% $337 / Sq Ft
03/26/2021 03/26/21 Price Changed $3,290,000 -2.9% $370 / Sq Ft
10/30/2020 10/30/20 For Sale $3,390,000 0.0% $381 / Sq Ft
12/15/2018 12/15/18 Rented $17,500 0.0% --
10/24/2018 10/24/18 Under Contract -- -- --
10/06/2017 10/06/17 Price Changed $17,500 -8.4% $2 / Sq Ft
09/13/2017 09/13/17 For Rent $19,100 -- --
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 $54,198 $3,119,480 -- --
2024 $53,301 $3,031,570 -- --
2023 $53,301 $2,943,280 $0 $0
2022 $50,798 $2,857,560 $0 $0
2021 $45,057 $2,484,170 $678,060 $1,806,110
2020 $51,983 $3,368,040 $678,060 $2,689,980
2019 $60,563 $3,368,040 $678,060 $2,689,980
2018 $36,999 $2,107,150 $0 $0
2017 $34,942 $2,063,810 $0 $0
2016 $35,137 $2,021,370 $0 $0
2015 $35,946 $2,007,320 $0 $0
2014 $36,322 $1,991,390 $0 $0
2013 -- $1,961,970 $678,080 $1,283,890
Source: Public Records

Agents Affiliated with this Home

  • Alicia Mayz

    Seller's Agent in 2021

    Alicia Mayz

    One Sotheby's Int'l Realty

    (786) 246-5917

    20 Total Sales

    Alicia Mayz
    Section Image

  • J

    Buyer's Agent in 2018

    Jared Dotoli

    Bex Realty LLC

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10950591

MIAMI REALTORS® MLS

APN: 50-39-24-09-0240

Florida Broward County Weston 33332

2947 Lake Ridge Ln, Weston, FL

This home is located at 2947 Lake Ridge Ln, Weston, FL 33332 since 30 October 2020 and is currently estimated at $5,084,967, approximately $571 per square foot. This property was built in 2006. 2947 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.

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