NOT LISTED FOR SALE

29711 Wells Rd Wesley Chapel, FL 33545

Estimated Value: $536,000 - $1,263,000

9 Beds
5 Baths
4,547 Sq Ft
$191/Sq Ft Est. Value

Last Sold October 19, 2018

Last sale price $399,000 $88 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $5,370/month

23 Days on Market

Highlights

  • Private Pool
  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • No HOA
  • Tile Flooring
  • Ceiling Fan

About This Home

As of October 2018

This two-story 6 bedroom/3 bath with a 50' long lap and 8' deep swimming pool situated on an oversized paver-bricked outdoor lanai with entire back yard enclosed with privacy fencing. Owner just added new carpet and new tile throughout both houses. It features a grand 23' x 20' master bedroom suite complete with an office/desk area and an adjoining master bathroom. The floor plan is wonderful for entertaining with its large eat-in kitchen which is open to an oversized family room overlooking the lanai and pool area.The living area in this house is 3,008 sq feet and the total under roof is 3,789 sq feet.


Selling separately: Additional property (aprox 4.2 acres) with smaller home is a one-story ranch style 3 bedroom/2 bath. It has a galley kitchen that is open to a very large family room with high cathedral ceilings. It also has a separate living room.The living area in this house is 1,602 sq feet and the total under roof is 2,000 sq feet.
The horse stables have 12 stalls and a feed/tack room situated in a courtyard setting. 6 of the stalls are 12' x 12' and 6 of the stalls are 16' x 12' with 100' paddock runs . There are 3 additional paddocks and 4 separate pasture areas fenced and cross-fenced with 3-rail wood fencing & no-climb fencing.

Last Agent to Sell the Property

Brandon Rimes

KELLER WILLIAMS REALTY- PALM H License #3228106 Listed on: 08/09/2018

KELLER WILLIAMS REALTY- PALM H

Last Buyer's Agent

ALCIDES MARTINEZ

FUTURE HOME REALTY INC License #3145290

FUTURE HOME REALTY INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,955

Year Built

  • Built in 1989

Lot Details

  • 1 Acre Lot
  • Fenced
  • Property is zoned AR

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 4,547 Sq Ft Home
  • Ceiling Fan

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Full Bathrooms

Pool

  • Private Pool

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Acreage Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,955

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 4547
  • Lot Size Acres: 1
  • New Construction: No
  • Year Built: 1989
  • Building Area Total: 5360
  • Lot Size Sq Ft: 217800
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=T3124056&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=T3124056&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Call Center Phone Number: 8889989005
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 87.75
  • Close to Original List Price Ratio: 0.46996
  • Ratio: Current Price\Building Area Total: 74.44
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 5
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Other
  • Foundation Details: Slab
  • Total Bedrooms: 9
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12101C0264F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Other
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: AR
  • Parcel Number: 05-26-20-0000-00400-0010
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2014-09-26
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 2955
  • Tax Block: 00400
  • Tax Book Number: 7-6
  • Tax Lot: 0010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2022
Sold by
Garcia Ospina Fernando and Cadme Viviana
Bought by
Fernando Garcia Ospina Living Trust and Viviana Cadme Lopez Living Trust
Current Estimated Value
$835,973

Purchase Details

Closed on
Feb 4, 2019
Sold by
Ospina Fernando Garcia
Bought by
Fgvc Holdings Llc

Purchase Details

Listed on
Aug 9, 2018
Closed on
Oct 19, 2018
Sold by
Penberthy Richard J and Toribio Doreen Louise
Bought by
Ospina Fernando Garcia
Seller's Agent
Brandon Rimes
KELLER WILLIAMS REALTY- PALM H
Buyer's Agent
ALCIDES MARTINEZ
FUTURE HOME REALTY INC
List Price
$849,000
Sold Price
$399,000
Premium/Discount to List
-$450,000
-53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.64%

Purchase Details

Closed on
Aug 21, 2003
Sold by
Copeland James Cecil
Bought by
Penberthy Richard J and Penberthy Doreen T

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
6.5%
Mortgage Type
Seller Take Back
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
Fernando Garcia Ospina Living Trust $100 Lins Law Group
Ospina Fernando Garcia $100 Lins Law Group
Fgvc Holdings Llc -- Attorney
Ospina Fernando Garcia $795,000 Total Title Solutions
Penberthy Richard J $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Penberthy Richard J $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2018 10/19/18 Sold $399,000 0.0% $88 / Sq Ft
09/01/2018 09/01/18 Pending -- -- --
08/30/2018 08/30/18 Price Changed $399,000 -53.0% $88 / Sq Ft
08/09/2018 08/09/18 For Sale $849,000 -- $187 / 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 $11,925 $725,809 $66,689 $659,120
2024 $11,925 $732,547 $66,689 $665,858
2023 $11,513 $711,278 $66,689 $644,589
2022 $10,234 $643,064 $66,689 $576,375
2021 $9,438 $580,775 $60,638 $520,137
2020 $6,767 $413,204 $64,125 $349,079
2019 $6,750 $408,242 $64,125 $344,117
2018 $2,647 $217,763 $0 $0
2017 $3,079 $217,763 $0 $0
2016 -- $209,596 $0 $0
2015 $2,810 $196,295 $0 $0
2014 $2,690 $321,483 $59,425 $262,058
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3124056

Stellar MLS

APN: 05-26-20-0000-00400-0010