NOT LISTED FOR SALE

Estimated Value: $2,752,244 - $3,272,000

5 Beds
5 Baths
6,246 Sq Ft
$494/Sq Ft Est. Value

Last Sold March 01, 2019

Last sale price $1,125,000 $180 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $19,344/month

117 Days on Market

Highlights

  • Lake Front
  • Home Theater
  • 53,414 Sq Ft lot
  • Manatee Bay Elementary School Rated A
  • Private Pool
  • Vaulted Ceiling

About This Home

As of March 2019

BANK FORECLOSURE, PRICED TO SELL, HUGE WATERFRONT LOT, AMAZING PROPERTY, MANY UPGRADES, MARBLE FLOORS, CIRCULAR IRON STAIRCASE, FIREPLACE, OUTDOOR KITCHEN, OFFICE, MEDIA ROOM, LIST GOES ON.EMPLOYEES AND FAMILY MEMBERS RESIDING WITH EMPLOYEES OF JPMORGAN CHASE BANK, N.A., ITS AFFILIATES OR SUBSIDIARIES ARE STRICTLY PROHIBITED FROM DIRECTLY OR INDIRECTLY PURCHASING ANY PROPERTY OWNED BY JPMORGAN CHASE BANK, N.A.. THIS IS IN A MULTIPLE OFFER NOTICE, HIGHEST AND BEST IS BEING REQUESTED BY 01/09/18 AT 12 PM

Last Agent to Sell the Property

Craig Green

Real Estate Asset Disp Corp. License #3040936 Listed on: 10/04/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,321

Year Built

  • Built in 1997

Lot Details

  • 1.23 Acre Lot
  • Lake Front
  • North Facing Home

HOA Fees

  • $395 Monthly HOA Fees

Parking

  • 4 Car Garage

Interior Spaces

  • 6,246 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Entrance Foyer
  • Home Theater
  • Den
  • Loft

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Clay
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • 5 Full Bathrooms
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Private Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Windmill Lake Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 503925040220

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,321

Year Built

Built in 1997

Lot Details

0

HOA Fees

$395 per month

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: WESTON ROAD TO SOUTH POST GO TO WINDMILL LAKE ESTATES, GO THRU GATE, GO TO PROPERTY.
  • Year Built: 1997
  • Year Built Details: Resale
  • Special Features: RealEstateOwned

Interior Features

  • Interior Amenities: Dual Sinks, Entrance Foyer, Fireplace, Jetted Tub, Split Bedrooms, Separate Shower, Vaulted Ceiling(s), Loft
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Clay, Marble
  • Living Area: 6246.0
  • Dining Room Type: Den, Laundry, Loft, Media Room
  • Stories: 2

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: North
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Garage Spaces: 4.0
  • Garage Yn: Yes

Utilities

  • Laundry Features: Laundry Tub
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available

Condo/Co-op/Association

  • Association Fee: 395.0
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 503925040220
  • Lot Size Sq Ft: 53414.0
  • Zoning Description: RESI
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 23321.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2018
Closed on
Jan 24, 2019
Sold by
Us Bank Na
Bought by
Malayalam Mahendra and Mani Meena
Seller's Agent
Craig Green
Real Estate Asset Disp Corp.
List Price
$1,456,000
Sold Price
$1,125,000
Premium/Discount to List
-$331,000
-22.73%
Current Estimated Value
$3,088,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,963,561
Avg. Annual Appreciation
16.37%
Original Mortgage
$768,000
Outstanding Balance
$673,833
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$2,414,728

Purchase Details

Closed on
Aug 10, 2018
Sold by
Tabib Payman
Bought by
Us Bank National Association and Bank Of America

Purchase Details

Closed on
Feb 10, 2005
Sold by
Hoethke Frederick and Hoethke Diana A Saffa
Bought by
Tabib Payman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,599,900
Interest Rate
5.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2004
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
Oct 14, 1999
Sold by
Atkins Gene and Atkins Sandra
Bought by
Tacher Mario and Tacher Yelena

Purchase Details

Closed on
Apr 19, 1994
Sold by
Adelson Harvey and Adelson Donna Sue
Bought by
Atkins Gene and Atkins Sandra
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
Malayalam Mahendra $1,125,000 Servicelink Llc
Us Bank National Association $1,252,100 None Available
Tabib Payman $2,400,000 --
Available Not $1,600,000 --
Tacher Mario $1,012,500 --
Atkins Gene $147,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malayalam Mahendra $768,000
Previous Owner Tabib Payman $1,599,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2019 03/01/19 Sold $1,125,000 -22.7% $180 / Sq Ft
01/30/2019 01/30/19 Pending -- -- --
10/04/2018 10/04/18 For Sale $1,456,000 -- $233 / Sq Ft
Source: BeachesMLS

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 $33,397 $1,884,160 -- --
2024 $34,615 $1,831,060 -- --
2023 $34,615 $1,497,370 $0 $0
2022 $27,597 $1,361,250 $0 $0
2021 $25,360 $1,237,500 $0 $0
2020 $21,669 $1,125,000 $320,480 $804,520
2019 $28,416 $1,522,250 $320,480 $1,201,770
2018 $24,839 $1,379,620 $0 $0
2017 $23,321 $1,351,250 $0 $0
2016 $23,345 $1,323,710 $0 $0
2015 $23,766 $1,314,510 $0 $0
2014 $23,840 $1,304,080 $0 $0
2013 -- $1,528,920 $293,790 $1,235,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10469559

BeachesMLS

APN: 50-39-25-04-0220