NOT LISTED FOR SALE

3516 Savanna Palms Ct Lakewood Ranch, FL 34211

Estimated Value: $931,557 - $1,055,000

6 Beds
4.5 Baths
3,899 Sq Ft
$257/Sq Ft Est. Value

Last Sold June 22, 2021

Last sale price $875,000 $224 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,661/month

2 Days on Market

Highlights

  • Heated In Ground Pool
  • Gated Community
  • Open Floorplan
  • B.D. Gullett Elementary School Rated A-
  • Lake View
  • Florida Architecture

About This Home

As of June 2021

Welcome to the village of Savanna at Lakewood Ranch, Americas #1 fastest growing multigenerational community. This amazing liberation model is considered a Next Generational home that has an in-law suite with its own garage attached. It's pretty much two homes for the price of one and is perfect for in-laws, a home office/business or even a rental. The in-law suite is on the main level and features a large bedroom, full bath, living room, kitchen and dining area. The remaining downstairs area consists of a great room, dining room, large kitchen with breakfast nook and a half bath. Upstairs you will find five more bedrooms and a spacious loft. The master bedroom is substantial and comes equipped with a 5-Piece on suite and a large walk in closet. Head out back and you will find the spacious covered lanai with custom pool and spa, outdoor kitchen, and custom landscaping with a fenced in yard and lake view. This home is immaculate and is in great condition. Perfect for entertaining and plenty of space for the whole family to enjoy the Florida lifestyle.

Last Agent to Sell the Property

Jeremy Hartmark

LPT REALTY, LLC License #3394541 Listed on: 05/06/2021

LPT REALTY, LLC

Last Buyer's Agent

Alan Adkins

EXIT KING REALTY License #3295838

EXIT KING REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,351

Year Built

  • Built in 2018

Lot Details

  • 9,797 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Mature Landscaping

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Split Garage

Home Design

  • Florida Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,899 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector
  • In Wall Pest System
  • Pest Guard System

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Fiber Optic Pool Lighting

Outdoor Features

  • Screened Patio
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Gullett Elementary School
  • Dr Mona Jain Middle School
  • Lakewood Ranch High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Thermostat
  • Underground Utilities
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool
  • Home River Group Association
  • Visit Association Website
  • Lakewood Ranch Community
  • Savanna At Lakewood Ranch Ph Ii A&B Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community
  • Rental Restrictions

Recreation

  • Community Playground
  • Community Pool
  • Park

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,351

Year Built

Built in 2018

Lot Details

0

HOA Fees

$220 per month

Parking

3

Listing Details

  • HOA Fee Includes: Community Pool
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3899
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 2018
  • Building Area Total: 4775
  • Lot Size Sq Ft: 9797
  • Directions to Property: I-75 to SR 64. Take exit 220. Go east 4.5 miles. Savanna at Lakewood Ranch is on the right. Continue Straight through roundabouts until the house is on the right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4499939?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4499939?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.09389
  • Price per Sq Ft: 224.42
  • Close to Original List Price Ratio: 1.09389
  • Ratio: Current Price\Building Area Total: 183.25
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, In Wall Pest System, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Pest Guard System, Solid Surface Counters, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 6
  • Levels: Two
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Blinds
  • Street Number Modifier: 3516
  • Room Count: 5
  • Additional Rooms: Interior In-Law Suite

Exterior Features

  • Direction Faces: East
  • Pool Features: Fiber Optic Lighting, Heated, In Ground
  • Exterior Features: Fenced, Hurricane Shutters, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Patio, Screened
  • Road Surface Type: Asphalt
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fiber Optics, Natural Gas Connected, Sewer Connected, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Natural Gas
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community, Golf Carts OK, Irrigation-Reclaimed Water, Park, Playground, Pool, Sidewalk
  • Association Amenities: Gated
  • Association Fee: 220
  • Association Fee Frequency: Monthly
  • Association Name: Home River Group
  • Association: Yes
  • Security: Gated Community, Security Gate, Smoke Detector(s)
  • Senior Community: No
  • Association Website: www.homeriver.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 2640
  • Monthly HOA Fee: 220
  • Total Monthly Fees: 220

Schools

  • Elementary School: Gullett Elementary
  • High School: Lakewood Ranch High
  • Middle Or Junior School: Dr Mona Jain Middle

Lot Info

  • Zoning: RES
  • Parcel Number: 580029509
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Approval Process: Contact HOA
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Contact HOA

Tax Info

  • Tax Annual Amount: 8351.21
  • Tax Lot: 129
  • Tax Other Annual Assessment Amount: 2072

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Jun 22, 2021
Sold by
Byars Michael W
Bought by
Brucato Jonathan D and Brucato Melanie J
Seller's Agent
Jeremy Hartmark
LPT REALTY, LLC
Buyer's Agent
Alan Adkins
EXIT KING REALTY
List Price
$799,900
Sold Price
$875,000
Premium/Discount to List
$75,100
9.39%
Current Estimated Value
$1,001,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,639
Avg. Annual Appreciation
3.18%
Original Mortgage
$500,000
Outstanding Balance
$454,655
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$542,371

Purchase Details

Closed on
Oct 22, 2020
Sold by
Inverso Janie
Bought by
Byars Michael W

Purchase Details

Closed on
Aug 25, 2020
Sold by
Inverso Darren R
Bought by
Inverso Janie

Purchase Details

Listed on
Feb 1, 2019
Closed on
Mar 20, 2019
Sold by
Corneles Steven G and Corneles Devon E
Bought by
Inverso Darren R
Seller's Agent
Gregory Claxton
PREFERRED SHORE LLC
Buyer's Agent
Joanna Petriccione-Teitelbaum
KELLER WILLIAMS ON THE WATER S
List Price
$479,888
Sold Price
$470,000
Premium/Discount to List
-$9,888
-2.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.41%
Original Mortgage
$440,000
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 23, 2018
Sold by
Lennar Homes Llc
Bought by
Devon Coreles Steven and Devon Coreles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.43%
Mortgage Type
New Conventional
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
Brucato Jonathan D $875,000 Attorney
Byars Michael W $600,000 Properties Title Llc
Inverso Janie -- None Available
Inverso Darren R $470,000 Title Alliance Of Gulf Coast
Devon Coreles Steven $455,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brucato Melanie $100,000
Open Brucato Jonathan D $500,000
Previous Owner Inverso Darren $427,412
Previous Owner Inverso Darren R $440,000
Previous Owner Devon Coreles Steven $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2021 06/22/21 Sold $875,000 +9.4% $224 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $799,900 +70.2% $205 / Sq Ft
03/21/2019 03/21/19 Sold $470,000 -2.1% $122 / Sq Ft
02/11/2019 02/11/19 Pending -- -- --
02/01/2019 02/01/19 For Sale $479,888 -- $124 / 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
2024 $11,791 $723,711 -- --
2023 $11,791 $702,632 $35,700 $666,932
2022 $9,380 $731,574 $35,000 $696,574
2021 $9,005 $480,961 $35,000 $445,961
2020 $8,351 $410,803 $35,000 $375,803
2019 $8,031 $423,951 $35,000 $388,951
2018 $2,656 $40,000 $40,000 $0
2017 $2,186 $32,691 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4499939

Stellar MLS

APN: 5800-2950-9