NOT LISTED FOR SALE

400 Summit Ridge Place Unit 114 Longwood, FL 32779

Estimated Value: $212,000 - $221,000

2 Beds
2 Baths
1,274 Sq Ft
$336/mo HOA Fee

Last Sold February 07, 2023

Last sale price $150,000 $118 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,553/month

40 Days on Market

Highlights

  • Gated Community
  • Central Heating and Cooling System
  • East Facing Home
  • Sabal Point Elementary School Rated A

About This Home

As of February 2023

Ground floor 2 bed 2 bath condo with a spacious layout. The unit has it's own lanai with views of green space. Located in the gated community of Residences at Sabal Point. Water, sewer, trash and pest control are included in your monthly condo fee. Close to shopping, schools, dining. This condo has so much potential. Property has extensive water damage.

Last Agent to Sell the Property

Kara Money

KARA MONEY LLC License #3014758 Listed on: 12/07/2022

Last Buyer's Agent

William Comer

BHHS FLORIDA REALTY License #686711

BHHS FLORIDA REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,703

Year Built

  • Built in 1996

Lot Details

  • 871

HOA Fees

  • $336 Monthly HOA Fees

Home Design

  • Fixer Upper
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,274 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • East Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include sewer, trash, water
  • Jamie Irelandi Association, Phone Number (407) 786-2080
  • Residences At Sabal Point A Condo Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed
  • Pets up to 75 lbs

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,703

Year Built

Built in 1996

Lot Details

0

HOA Fees

$336 per month

Listing Details

  • HOA Fee Includes: Other, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Condominium
  • Construction Materials: Block, Wood Frame
  • Fireplace: No
  • Living Area: 1274
  • Lot Size Acres: 0.02
  • New Construction: No
  • Year Built: 1996
  • Building Area Total: 1370
  • Lot Size Sq Ft: 972
  • Directions to Property: From 436 and Montgomery go north to Sabal Palms then right to Sabal Pointe
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6076845?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6076845?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.82237
  • Price per Sq Ft: 117.74
  • Close to Original List Price Ratio: 0.78125
  • Ratio: Current Price\Building Area Total: 109.49
  • View: No
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: 4116

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other
  • Full Bathrooms: 2
  • Interior Amenities: Other
  • Appliances Included: None
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 3
  • Street Number Modifier: 400
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12117C0135F
  • Disclosures: None

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Gated Community
  • Association Fee Frequency: Monthly
  • Association Name: JAMIE IRELANDI
  • Phone: 407-786-2080
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 336
  • Condo Fees Term: Monthly
  • Association Email: JIRLANDI@DSRS@GMAIL.COM
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 336
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 4032
  • Total Monthly Fees: 336

Lot Info

  • Zoning: PUD
  • Parcel Number: 33-20-29-5SJ-0100-1140
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2007-09-28
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Max Pet Weight: 75
  • Minimum Lease: 7 Months
  • Approval Process: Contact the HOA with any and all questions regarding restrictions, pet restrictions, approval processes, dues, etc.
  • Pet Restrictions: Contact the HOA with any and all questions regarding restrictions, pet restrictions, approval processes, dues, etc. No agressive breeds
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Contact the HOA with any and all questions regarding restrictions, pet restrictions, approval processes, dues, etc. Buyer must fill out the application and pay a $75.00 Fee

Tax Info

  • Tax Annual Amount: 1703
  • Tax Block: 000
  • Tax Book Number: 000
  • Tax Lot: 000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2023
Sold by
Copeland Richard E
Bought by
Mary A Simpkins Revocable Living Trust
Current Estimated Value
$217,768

Purchase Details

Closed on
Aug 11, 2022
Sold by
Mortgage Assets Management Series I Trus
Bought by
Cascade Funding Mortgage Trust

Purchase Details

Closed on
Jul 19, 2022
Sold by
Mayman Barbara S
Bought by
Mortgage Assets Management Series I Trust

Purchase Details

Closed on
Oct 20, 2006
Sold by
Residences At Sabal Point Llc
Bought by
Mayman Jerry J and Mayman Barbara S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,500
Interest Rate
6.33%
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
Mary A Simpkins Revocable Living Trust $229,000 Watson Title
Cascade Funding Mortgage Trust $100 --
Mortgage Assets Management Series I Trust $122,100 --
Mayman Jerry J $201,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mayman Jerry J $118,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2023 02/07/23 Sold $150,000 -17.8% $118 / Sq Ft
01/17/2023 01/17/23 Pending -- -- --
12/22/2022 12/22/22 Price Changed $182,400 -5.0% $143 / Sq Ft
12/07/2022 12/07/22 For Sale $192,000 -- $151 / 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 $701 $92,436 -- --
2023 $2,366 $177,141 $0 $177,141
2022 $1,887 $147,402 $0 $147,402
2021 $1,703 $122,835 $0 $122,835
2020 $1,718 $122,835 $0 $0
2019 $251 $51,808 $0 $0
2018 $250 $50,842 $0 $0
2017 $250 $49,796 $0 $0
2016 $255 $49,113 $0 $0
2015 $246 $48,433 $0 $0
2014 $246 $48,049 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6076845

Stellar MLS

APN: 33-20-29-5SJ-0100-1140