NOT LISTED FOR SALE

Estimated Value: $543,000 - $622,000

3 Beds
2 Baths
2,341 Sq Ft
$254/Sq Ft Est. Value

Last Sold September 20, 2023

Last sale price $680,000 $290 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $3,947/month

39 Days on Market

Highlights

  • 40 Feet of Pond Waterfront
  • Heated In Ground Pool
  • Pond View
  • Tara Elementary School Rated A-
  • Gated Community
  • Open Floorplan

About This Home

As of September 2023

Location is the bedrock of just about every real estate transaction and this stunning home in the gated Mandalay community has the best location in the neighborhood. With its lake and preserve views this three bedroom, two bathroom pool home has a bevy of features that sets it apart. From the formal dining and living rooms, with its engineered hickory hardwood floors, to the crown molding and energy-efficient lighting and smart home features this home does not disappoint. The kitchen opens to the family room and has views right through to the heated salt-water pool with waterfall overlooking the west end of the lake which is backed by a nature preserve. This split floor plan has the primary bedroom on the west side of the home which is bracketed by the basin for the pond and the start of the preserve offers all the privacy and seclusion one would expect of a larger home. The engineered hickory hardwood floors carry thought the primary bedroom and the Den/Office. The Kitchen offers stainless steel appliances and Cambria counter tops. Pool cage was rescreened 7/2020 and the secondary bedrooms have new carpet (7/2023). Mandalay is close to beaches, shopping, restaurant and UTC Mall. American Home Shield Warranty included. Schedule your showing of this gorgeous updated home before its gone!

Last Agent to Sell the Property

Jerome Dorsey

COLDWELL BANKER REALTY Brokerage Phone: 941-907-1033 License #3388199 Listed on: 07/13/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

Miranda Oswald

KELLER WILLIAMS ON THE WATER License #0394665

KELLER WILLIAMS ON THE WATER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,505

Year Built

  • Built in 2009

Lot Details

  • 9,757 Sq Ft Lot
  • 40 Feet of Pond Waterfront
  • Near Conservation Area
  • South Facing Home
  • Property is zoned PDMU

HOA Fees

  • $133 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Pond
  • Park or Greenbelt

Home Design

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

Interior Spaces

  • 2,341 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Den

Kitchen

  • Dinette
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Smart Home
  • Hurricane or Storm Shutters

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool

Outdoor Features

  • Enclosed Patio or Porch
  • Rain Gutters

Schools

  • Tara Elementary School
  • Braden River Middle School
  • Braden River High School

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Underground Utilities
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include escrow reserves fund
  • Andrew Elkinton Association, Phone Number (941) 927-2464
  • Visit Association Website
  • Mandalay Community
  • Mandalay Ph II Subdivision
  • The community has rules related to deed restrictions

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,505

Year Built

Built in 2009

Lot Details

0

HOA Fees

$133 per month

Parking

3

Listing Details

  • HOA Fee Includes: Escrow Reserves Fund
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2341
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 2009
  • Building Area Total: 3285
  • Lot Size Sq Ft: 9757
  • Directions to Property: University Parkway, North On Lockwood Ridge. Enter main entrance to Mandalay on right, take first right and follow to 62nd Terrace East. House is on the left
  • Status: Sold
  • Street Post Direction: E
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 6 Months
  • RATIO Current Price By Calculate: 290.47
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, High Ceilings, Open Floorplan, Smart Home, Solid Surface Counters, Split Bedroom, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: In Ground
  • Spa Yn: No
  • Street Number Modifier: 4619
  • ResoLivingAreaSource: Builder
  • Living Area Meters: 217.49
  • Room Count: 10

Exterior Features

  • Direction Faces: South
  • Pool Features: Gunite, Heated, In Ground, Salt Water
  • Exterior Features: Hurricane Shutters, Irrigation System, Rain Gutters
  • Roof: Tile
  • Home Warranty: Yes
  • Pool Private: Yes
  • View: Park/Greenbelt
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed, Screened
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View: Pond
  • Water View YN: 1
  • Waterfront Feet Total: 40
  • Flood Zone Date: 2014-03-17
  • Flood Zone Panel: 12081C0317E
  • Water Frontage Feet Pond: 40

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Sprinkler Recycled, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community - No Guard, Irrigation-Reclaimed Water, Sidewalks
  • Association Fee: 399
  • Association Fee Frequency: Quarterly
  • Association Name: Andrew Elkinton
  • Phone: 941 927 2464
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: No aggressive breeds
  • Association Fee Requirement: Required
  • Association Email: rebekah@argusmanagement.com
  • Pet Size: Extra Large (101+ Lbs.)
  • Association URL: argusmangement.com

Fee Information

  • Total Annual Fees: 1596.00
  • Total Monthly Fees: 133.00
  • Monthly HOA Amount: 133.00

Schools

  • Elementary School: Tara Elementary
  • High School: Braden River High
  • Middle Or Junior School: Braden River Middle

Lot Info

  • Zoning: PDMU
  • Parcel Number: 1878910259
  • Additional Parcels: No
  • Lot Features: Conservation Area
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 906

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Breed Restrictions
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: No airbnb

Tax Info

  • Tax Annual Amount: 4505
  • Tax Block: 6
  • Tax Book Number: 52-154
  • Tax Lot: 10

Multi Family

  • Waterfront Features: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2023
Closed on
Sep 20, 2023
Sold by
Pellegrino Frank and Pellegrino Teresa
Bought by
Clayton Jeffrey and Clayton Carol
Seller's Agent
Jerome Dorsey
COLDWELL BANKER REALTY
Buyer's Agent
Miranda Oswald
KELLER WILLIAMS ON THE WATER
List Price
$719,900
Sold Price
$680,000
Premium/Discount to List
-$39,900
-5.54%
Views
184
Current Estimated Value
$594,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$85,090
Avg. Annual Appreciation
-6.40%

Purchase Details

Listed on
Jul 16, 2020
Closed on
Aug 20, 2020
Sold by
Morris Jeffrey L
Bought by
Pelligrino Frank and Pelligrino Teresa
Seller's Agent
Sally Brindley
EXIT KING REALTY
Buyer's Agent
Cheri Castro
KELLER WILLIAMS ON THE WATER
List Price
$419,000
Sold Price
$430,000
Premium/Discount to List
$11,000
2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.04%
Original Mortgage
$410,000
Interest Rate
2.9%
Mortgage Type
Balloon

Purchase Details

Listed on
Jul 16, 2020
Closed on
Aug 10, 2020
Sold by
Morris Jeffrey L
Bought by
Pelligrino Frank and Pelligrino Teresa
Seller's Agent
Sally Brindley
EXIT KING REALTY
Buyer's Agent
Cheri Castro
KELLER WILLIAMS ON THE WATER
List Price
$419,000
Sold Price
$430,000
Premium/Discount to List
$11,000
2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
2.9%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 15, 2014
Sold by
Morris Jeffrey L and Morris Valerie B
Bought by
Morris Jeffrey L

Purchase Details

Closed on
Sep 21, 2009
Sold by
Wilmington Land Company
Bought by
Morris Jeffrey L and Morris Valerie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage
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
Clayton Jeffrey $680,000 None Listed On Document
Pelligrino Frank $430,000 Excel Title
Pelligrino Frank $430,000 Excel Title I Llc
Morris Jeffrey L -- Attorney
Morris Jeffrey L $323,900 University Title Svcs Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pelligrino Frank $410,000
Previous Owner Pelligrino Frank $410,000
Previous Owner Morris Jeffrey L $259,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2023 09/20/23 Sold $680,000 -2.4% $290 / Sq Ft
08/22/2023 08/22/23 Pending -- -- --
07/23/2023 07/23/23 Price Changed $697,000 -3.2% $298 / Sq Ft
07/13/2023 07/13/23 For Sale $719,900 +67.4% $308 / Sq Ft
08/20/2020 08/20/20 Sold $430,000 +2.6% $184 / Sq Ft
07/25/2020 07/25/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $419,000 -- $179 / 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 $7,916 $474,286 $51,000 $423,286
2024 $7,916 $555,581 $51,000 $504,581
2023 $4,634 $325,739 $0 $0
2022 $4,505 $316,251 $0 $0
2021 $4,311 $307,040 $0 $0
2020 $3,781 $260,772 $0 $0
2019 $3,714 $254,909 $0 $0
2018 $3,670 $250,156 $0 $0
2017 $3,414 $245,011 $0 $0
2016 $3,399 $239,972 $0 $0
2015 $3,424 $238,304 $0 $0
2014 $3,424 $236,413 $0 $0
2013 $3,375 $232,919 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4575670

Stellar MLS

APN: 18789-1025-9