NOT LISTED FOR SALE

Estimated Value: $1,708,000 - $1,990,000

5 Beds
4.5 Baths
3,794 Sq Ft
$487/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $1,275,000 $336 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $12,447/month

4 Days on Market

Highlights

  • Lake Front
  • Newly Remodeled
  • Gated Community
  • Manatee Bay Elementary School Rated A
  • In Ground Pool
  • Marble Flooring

About This Home

As of June 2021

Owner Financing Available! Elegant home situated in the gated community of Weston Hills. This rare property sits on over half an acre with lush new landscape (24,247 SQFT) and features countless custom upgrades such as marble floors (1.25" thick) and high-end appliances (Miele, Diva, & Subzero). Additionally the master bathroom incorporates an electronic steam system and alongside a first-rate whirlpool bath. Large additional office/playroom/den. The large backyard houses a new grill station near the pool/lounge area. Property is leased until August 1st, 2021. Please use call or text co-broker to schedule a showing.

Last Agent to Sell the Property

Simon Fadel

FPG Advising LLC License #3363440 Listed on: 04/23/2021

Last Buyer's Agent

Mariana Solano

1st Florida Homes License #0694080

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,527

Year Built

  • Built in 1993 | Newly Remodeled

Lot Details

  • 0.56 Acre Lot
  • 100 Ft Wide Lot
  • Lake Front
  • South Facing Home
  • Property is zoned ReS-1

HOA Fees

  • $178 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Circular Driveway
  • Open Parking

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,794 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Marble Flooring
  • Lake Views
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • In Ground Pool
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 503924021300

Community Details

Overview

  • Sector 7 South First Add Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,527

Year Built

Built in 1993 | Newly Remodeled

Lot Details

0

HOA Fees

$178 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1993
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: SECTOR 7 SOUTH FIRST ADD
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: First Floor Entry, Utility Room/Laundry
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 3794
  • Other Equipment: Central Vacuum
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Utility Room/Laundry

Exterior Features

  • Roof: Barrel Roof
  • View: Lake
  • Exterior Features: Barbeque
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: WF/Pool/No Ocean Access, Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: SECTOR 7 SOUTH FIRST ADD
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 533
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Community Features: Gated Community
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 503924021300
  • Lot Size Sq Ft: 24247
  • Zoning: ReS-1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 17527

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
Jun 1, 2021
Sold by
Fadel Simon Elias and The Simon Fadel Living Trust
Bought by
Perdomo Juan Manuel and Polanco Margarita Maria
Seller's Agent
Simon Fadel
FPG Advising LLC
Buyer's Agent
Mariana Solano
1st Florida Homes
List Price
$1,195,000
Sold Price
$1,275,000
Premium/Discount to List
$80,000
6.69%
Current Estimated Value
$1,848,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$573,961
Avg. Annual Appreciation
9.23%
Original Mortgage
$892,500
Outstanding Balance
$825,369
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$1,023,592

Purchase Details

Closed on
Aug 12, 2020
Sold by
2978 Wentworth Drive Llc
Bought by
Fadel Simon Elias and Simon Fadel Living Trust

Purchase Details

Closed on
Jun 19, 2018
Sold by
Two Nine Seven Eight Wentworth Corp
Bought by
2978 Wentworth Drive Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 31, 2009
Sold by
2978 Wentworth Llc
Bought by
Two Nine Seven Eight Wentworth Corp

Purchase Details

Closed on
Oct 5, 2007
Sold by
Toombs Robert L and Toombs Karen L
Bought by
2978 Wentworth Llc

Purchase Details

Closed on
Nov 1, 1992
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Perdomo Juan Manuel $1,275,000 Preferred Title & Escrow Inc
Fadel Simon Elias $800,000 Attorney
2978 Wentworth Drive Llc -- Attorney
Two Nine Seven Eight Wentworth Corp $1,400,000 Attorney
2978 Wentworth Llc $920,000 Attorney
Available Not $504,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perdomo Juan Manuel $892,500
Previous Owner 2978 Wentworth Drive Llc $568,000
Previous Owner Toombs Robert L $530,000
Previous Owner Toombs Robert L $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2021 06/14/21 Sold $1,275,000 +6.7% $336 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $1,195,000 -- $315 / 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 $26,337 $1,363,340 -- --
2024 $26,184 $1,363,340 -- --
2023 $26,184 $1,126,730 $0 $0
2022 $20,667 $1,024,300 $290,960 $733,340
2021 $16,010 $760,000 $290,960 $469,040
2020 $19,958 $1,010,850 $290,960 $719,890
2019 $18,232 $902,090 $290,960 $611,130
2018 $19,051 $970,070 $290,960 $679,110
2017 $17,724 $929,010 $0 $0
2016 $17,291 $853,690 $0 $0
2015 $16,631 $776,090 $0 $0
2014 $14,857 $705,540 $0 $0
2013 -- $684,680 $290,980 $393,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11032171

MIAMI REALTORS® MLS

APN: 50-39-24-02-1300