NOT LISTED FOR SALE

31404 Reed Rd Dade City, FL 33523

Estimated Value: $830,000 - $1,056,000

4 Beds
3 Baths
2,962 Sq Ft
$314/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $615,000 $208 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $5,518/month

284 Days on Market

Highlights

  • 123 Feet of Waterfront
  • Oak Trees
  • Custom Home
  • Parking available for a boat
  • In Ground Pool
  • Lake View

About This Home

As of December 2020

Custom 4 bedroom, 3 bath, lakefront, pool home on over 3 1/2 acres in Dade City, featuring a New 30 year Architectural shingle roof. With approximately 123 feet of frontage on private Lake Iola, this 2,962 sq.ft. home features beautiful waterfront views and outdoor living space. Watch the sunset from the open-air pool or 456 sq.ft. owner’s suite balcony. The 988 sq.ft. screened lanai opens to the dining room and kitchen, creating the perfect space for entertaining friends and family.

The spacious kitchen features a breakfast bar, closet pantry, and pass-through window to the lanai. The 17x22 living room is open to the dining room and features a beautiful, wood-burning river-rock accented fireplace. Two dens offer additional flex space on the first floor. Upstairs, you’ll find 3 guest bedrooms, a full guest bath, the laundry room and the 19x25 owner’s suite with his and hers walk-in closets, a double set of french doors leading to the private balcony, and an ensuite bathroom with dual sinks and an oversized shower.

Other features include a 3 car detached garage with rear door for boat entry, 2 a/c units, a 456 sq.ft. covered front porch, and cool deck around the pool. Conveniently located 5 minutes from I-75, 20 minutes to Wesley Chapel shops & restaurants, and 45 minutes to Tampa International Airport.

Last Agent to Sell the Property

King Sommers, III

KING & ASSOCIATES REAL ESTATE LLC License #3140027 Listed on: 12/16/2019

KING & ASSOCIATES REAL ESTATE LLC

Last Buyer's Agent

Joe Lewkowicz

COLDWELL BANKER REALTY License #165142

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,301

Year Built

  • Built in 1976

Lot Details

  • 3.57 Acre Lot
  • 123 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • North Facing Home
  • Oak Trees
  • Property is zoned R1MH

Parking

  • 3 Car Garage
  • Parking available for a boat

Home Design

  • Custom Home
  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,962 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • French Doors
  • Living Room with Fireplace
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Pool

  • In Ground Pool
  • Diving Board

Outdoor Features

  • Access To Lake
  • Water Skiing Allowed
  • Balcony
  • Covered Patio or Porch

Schools

  • San Antonio Elementary School
  • Pasco Middle School
  • Pasco High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,301

Year Built

Built in 1976

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Wood Siding
  • Fireplace: Yes
  • Living Area: 2962
  • Lot Size Acres: 3.57
  • New Construction: No
  • Year Built: 1976
  • Lot Size Sq Ft: 155550
  • Directions to Property: From I-75: Take exit 293 to Blanton Rd. Turn left onto Lake Iola Rd. Turn left onto Reed Rd. Home is on the right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3214732?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3214732?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 2 to less than 5
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.94836
  • Price per Sq Ft: 207.63
  • Close to Original List Price Ratio: 0.8787
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile, Hardwood
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Skylight(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Street Number Modifier: 31404
  • Room Count: 10
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Pool Features: Diving Board, In Ground
  • Exterior Features: Balcony, French Doors
  • Roof: Shingle
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End
  • View: Water
  • Water Body Name: Lake Iola
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Front Porch, Rear Porch, Screened, Side Porch
  • Road Surface Type: Paved
  • Water View: Lake
  • Water Access: Lake
  • Water Extras: Skiing Allowed
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12101C0095F
  • Waterfront Frontage: 123
  • Water Frontage Feet Lake: 123
  • Additional Water Information: Frontage is approximate.

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Boat
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room, Upper Level
  • 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

Schools

  • Elementary School: San Antonio-PO
  • High School: Pasco High-PO
  • Middle Or Junior School: Pasco Middle-PO

Lot Info

  • Zoning: R1MH
  • Parcel Number: 15-24-20-0000-00400-0150
  • Additional Parcels: No
  • Flood Zone Code: A
  • Flood Zone Date: 2014-09-26
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Buyer responsible for verifying lease restrictions.

Tax Info

  • Tax Annual Amount: 3300.54
  • Tax Block: 00400
  • Tax Book Number: 7-6
  • Tax Lot: 0150

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2019
Closed on
Nov 30, 2020
Sold by
Bolender Shaun M and Bolender Susan S
Bought by
Lynch Adam and Lynch Kathryn
Seller's Agent
King Sommers, III
KING & ASSOCIATES REAL ESTATE LLC
Buyer's Agent
Joe Lewkowicz
COLDWELL BANKER REALTY
List Price
$699,900
Sold Price
$615,000
Premium/Discount to List
-$84,900
-12.13%
Current Estimated Value
$931,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,438
Avg. Annual Appreciation
8.86%
Original Mortgage
$510,400
Outstanding Balance
$454,183
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$477,255
Source: Public Records

Range of Values:

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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
Lynch Adam $615,000 Larkin & Larkin Ttl Svcs Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Adam $510,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2020 12/04/20 Sold $615,000 -5.2% $208 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
05/08/2020 05/08/20 Price Changed $648,490 -7.3% $219 / Sq Ft
12/16/2019 12/16/19 For Sale $699,900 -- $236 / 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 $7,590 $490,510 -- --
2024 $7,590 $476,690 -- --
2023 $7,372 $462,810 $0 $0
2022 $6,963 $449,330 $0 $0
2021 $6,819 $436,248 $198,156 $238,092
2020 $3,290 $216,480 $198,156 $18,324
2019 $3,301 $211,620 $198,156 $13,464
2018 $3,184 $207,681 $0 $0
2017 $2,856 $207,681 $0 $0
2016 $2,787 $199,225 $0 $0
2015 $2,825 $197,840 $0 $0
2014 $2,747 $380,049 $198,156 $181,893
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3214732

Stellar MLS

APN: 15-24-20-0000-00400-0150