NOT LISTED FOR SALE

Estimated Value: $1,334,000 - $2,016,000

4 Beds
3 Baths
3,314 Sq Ft
$518/Sq Ft Est. Value

Last Sold May 03, 2021

Last sale price $1,000,000 $302 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $10,899/month

23 Days on Market

Highlights

  • 50 Feet of Lake Waterfront
  • Golf Course Community
  • Fishing
  • Tatum Ridge Elementary School Rated A-
  • Screened Pool
  • Gated Community

About This Home

As of May 2021

This exquisite estate is situated behind the gates of the prestigious community of The Founders Club. This custom built Lee Wetherington home is positioned on an oversized lot with large side and back yards as well as beautiful lake and private preserve views. The double front entry doors open to the sophisticated formal living and dining rooms. The wonderful open floor plan offers spectacular waterfront views from every room. Luxurious travertine tile laid diagonally with detail provides a luxurious backdrop to the soaring ceilings, crown molding, recessed lighting, and grand columns. The open concept chef’s kitchen is an entertainer’s dream, with custom cabinetry, paneled refrigerator, granite counter tops, six burner gas stove, custom hood, butlers pantry and large center island overlooking the grand family room. The disappearing pocket sliders in the family room open to the lanai boasting a beautiful pool, spa, and outdoor kitchen. The well appointed study offers rich wood flooring. Double doors open to the private master suite featuring a multi level tray ceiling, sitting area, access to the pool lanai, and large walk in closet. Master bath, has separate vanities, garden tub, and walk in shower. The upstairs features a large family room that could easily be converted to a home theater. Other features include 3 guest rooms, 2 guest baths, 3 car garage, paver brick driveway with privacy wall, and vacant half acre lot next door that can’t be built on. Boardwalk bridge leading to club is literally steps from the front door. The Founders Club is a golfer’s paradise offering residents an 18-hole Robert Trent Jones, Jr. championship course, clubhouse with dining, fitness center, and pro shop. Membership optional. Recreational center features Har-Tru tennis courts, basketball and pickle ball courts, sand volleyball, covered pavilion and playground.

Last Agent to Sell the Property

Tricia Rudd

KELLER WILLIAMS ON THE WATER S License #3406749 Listed on: 03/01/2021

KELLER WILLIAMS ON THE WATER S

Last Buyer's Agent

Jaci Stone

CENTURY 21 BEGGINS ENTERPRISES License #3103173

CENTURY 21 BEGGINS ENTERPRISES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,020

Year Built

  • Built in 2006

Lot Details

  • 0.61 Acre Lot
  • 50 Feet of Lake Waterfront
  • Lake Front
  • North Facing Home
  • Private Lot
  • Oversized Lot
  • Level Lot
  • Property is zoned RE1

HOA Fees

  • $337 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

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

Interior Spaces

  • 3,314 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Screened Pool
  • In Ground Pool
  • In Ground Spa
  • Gunite Pool
  • Fence Around Pool
  • Pool Lighting

Outdoor Features

  • Access To Lake
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Schools

  • Tatum Ridge Elementary School
  • Mcintosh Middle School
  • Booker High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Thermostat
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Reclaimed Water Irrigation System
  • Property is near a golf course

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, common area taxes, escrow reserves fund, ground maintenance, private road, recreational facilities, security
  • Lighthouse Property Management, Hope Root Association, Phone Number (941) 560-5560
  • Visit Association Website
  • Built by Lee Wetherington
  • Founders Club Community
  • Founders Club Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community, no truck, recreational vehicles, or motorcycle parking, vehicle restrictions

Recreation

  • Golf Course Community
  • Community Basketball Court
  • Pickleball Courts
  • Recreation Facilities
  • Community Playground
  • Fishing
  • Park
  • Trails

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,020

Year Built

Built in 2006

Lot Details

0

HOA Fees

$337 per month

Parking

3

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Common Area Taxes, Escrow Reserves Fund, Maintenance Grounds, Private Road, Recreational Facilities, Security
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida, Traditional
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3314
  • Lot Size Acres: 0.61
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 4369
  • Lot Size Sq Ft: 26718
  • Directions to Property: Fruitville East of I-75 to Founders Club. Follow Founders Club Drive to 3566.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1044707
  • Minimum Lease: 1-2 Years
  • RATIO Current Price By Calculate: 301.75
  • Total Acreage: 1/2 to less than 1
  • Unit Number YN: 0
  • Water Access YN: 1
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 3
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Blinds
  • Street Number Modifier: 3566
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 307.88
  • Room Count: 9

Exterior Features

  • Direction Faces: North
  • Pool Features: Gunite, In Ground, Lighting, Screen Enclosure
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio, Porch, Screened
  • Road Surface Type: Asphalt
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Access: Lake
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 50
  • Water Frontage Feet Lake: 50

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Guest

Utilities

  • Utilities: Cable Available, Electricity Connected, Fire Hydrant, Natural Gas Connected, Phone Available, Public, Sprinkler Recycled, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fishing, Gated, Golf Carts OK, Golf, Irrigation-Reclaimed Water, No Truck/RV/Motorcycle Parking, Park, Playground, Sidewalks, Waterfront
  • Association Amenities: Basketball Court, Gated, Park, Pickleball Court(s), Playground, Recreation Facilities, Security, Trail(s), Vehicle Restrictions
  • Association Fee: 2021
  • Association Fee Frequency: Semi-Annually
  • Association Name: Lighthouse Property Management, Hope Root
  • Phone: (941) 560-5560
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Association Email: hoperoot@mgmt.tv
  • Association URL: www.lighthousepropertymanagement.net

Fee Information

  • Total Annual Fees: 4042.00
  • Total Monthly Fees: 336.83
  • Monthly HOA Amount: 336.83

Schools

  • Elementary School: Tatum Ridge Elementary
  • High School: Booker High
  • Middle Or Junior School: McIntosh Middle

Lot Info

  • Zoning: RE1
  • Parcel Number: 0222030102
  • Additional Parcels: No
  • Lot Features: In County, Level, Near Golf Course, Oversized Lot, Sidewalk, Paved, Private
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 2482
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Lee Wetherington

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: none
  • Month To Month Or Weekly YN: 1

Tax Info

  • Tax Annual Amount: 9020
  • Tax Block: 00
  • Tax Lot: O-1

Multi Family

  • Waterfront Features: Lake
  • Approval Process: Completed renter information sheet to be submitted to HOA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
May 3, 2021
Sold by
Hammoud Family Llc
Bought by
Albaugh Joey and Albaugh Carolyn A
Seller's Agent
Tricia Rudd
KELLER WILLIAMS ON THE WATER S
Buyer's Agent
Jaci Stone
CENTURY 21 BEGGINS ENTERPRISES
List Price
$995,000
Sold Price
$1,000,000
Premium/Discount to List
$5,000
0.5%
Current Estimated Value
$1,717,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$717,935
Avg. Annual Appreciation
15.72%
Original Mortgage
$700,000
Outstanding Balance
$640,171
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,233,052

Purchase Details

Closed on
Oct 12, 2009
Sold by
Phillips Richard B and Phillips Kathryn S
Bought by
Hammoud Family Limited Liability Company

Purchase Details

Closed on
Jun 15, 2005
Sold by
Lee Wetherington Homes Inc
Bought by
Phillips Richard B and Phillips Kathryn S

Purchase Details

Closed on
Jun 9, 2005
Sold by
The Founders Club Development Co Llc
Bought by
Lee Wetherington Homes Inc

Purchase Details

Closed on
Jun 1, 2005
Sold by
The Founders Club Develelopment Co Llc
Bought by
Lee Wetherington Home Inc
Source: Public Records

Range of Values:

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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
Albaugh Joey $1,000,000 Flagship Title
Hammoud Family Limited Liability Company $650,000 Attorney
Phillips Richard B $345,000 --
Lee Wetherington Homes Inc $205,900 --
Lee Wetherington Home Inc $215,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albaugh Joey $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Off Market $1,000,000 -- --
05/03/2021 05/03/21 Sold $1,000,000 +0.5% $302 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $995,000 0.0% $300 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $995,000 -- $300 / 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 $14,421 $1,252,817 -- --
2023 $14,421 $1,216,327 $0 $0
2022 $14,124 $1,180,900 $360,700 $820,200
2021 $9,545 $735,300 $189,400 $545,900
2020 $9,020 $678,200 $168,100 $510,100
2019 $10,550 $808,000 $303,800 $504,200
2018 $9,622 $732,700 $214,000 $518,700
2017 $9,907 $742,300 $214,000 $528,300
2016 $10,389 $806,700 $236,600 $570,100
2015 $9,838 $745,200 $272,600 $472,600
2014 $8,580 $530,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4492620

Stellar MLS

APN: 0222-03-0102