NOT LISTED FOR SALE

505 Lucaya Loop Unit 3105 Davenport, FL 33897

Estimated Value: $207,832 - $233,000

3 Beds
2 Baths
1,227 Sq Ft
$536/mo HOA Fee

Last Sold October 27, 2020

Last sale price $99,000 $81 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $1,922/month

69 Days on Market

Highlights

  • Private Beach
  • Fitness Center
  • Gated Community
  • Water Access
  • Fishing
  • Clubhouse

About This Home

As of October 2020

Affordable investment property or second home in the Caribbean-styled Bahama Bay Resort community. This spacious 3-bedroom, 2-bath unit is popular with the tourists as it is on the first floor and steps away from one of the multiple pools in the resort. This unit features a split floor plan and 2 private screened porches overlooking luscious grounds with mature oaks, palm and magnolia trees. The kitchen is complete with all appliances and there is an in-unit laundry closet. New carpet throughout with ceramic tile in kitchen and baths. All TVs mounted on walls in living rooms and all bedrooms are included. This gated community is filled with amenities for you and your guests to enjoy including a large clubhouse with pool tables, office center, bar, store and day spa, fitness center, multiple community swimming pools and spas, sandy beach, tennis and basketball courts, shuffleboard, paved nature trails and a large fishing on pier Lake Davenport. A short 10 minutes to the Disney attractions, close to many restaurants and shopping, this property is sure to please anyone's needs. Note that owners and guests may not use units here for more than 175 days in any 12-month period, i.e., no long-term leases or permanent residents.

Last Listed By

Karen Ledet

EXP REALTY LLC License #3048168 Listed on: 08/02/2020

EXP REALTY LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,374

Year Built

  • Built in 2003

Lot Details

  • Private Beach
  • West Facing Home
  • Irrigation
  • Condo Land Included

HOA Fees

  • $536 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,227 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Pool Views

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Fishing Pier
  • Covered patio or porch
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, internet, maintenance structure, ground maintenance, manager, pool maintenance, recreational facilities, security, sewer, trash, water
  • Kathleen Banner Association, Phone Number (863) 547-1601
  • Bahama Bay A Condo Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Fishing
  • Park

Pet Policy

  • Pets up to 25 lbs
  • 2 Pets Allowed

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,374

Year Built

Built in 2003

Lot Details

0

HOA Fees

$536 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1227
  • Lot Size Acres: 0.01
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 1227
  • Lot Size Sq Ft: 375
  • Directions to Property: From Hwy 192 and Hwy 27, proceed south 1/2 mile. Turn left on Florence Villa Grove Road. Turn left at the entrance to Bahama Bay. Take 1st left then follow around to building 3. You must go through guard gate and show ID.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5882084?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5882084?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.91667
  • Price per Sq Ft: 80.68
  • Close to Original List Price Ratio: 0.88393
  • Ratio: Current Price\Building Area Total: 80.68
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 3
  • Street Number Modifier: 505
  • Room Count: 6

Exterior Features

  • Direction Faces: West
  • Exterior Features: Irrigation System, Lighting, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Pool
  • Water Body Name: Lake Davenport
  • Waterfront: No
  • Patio and Porch Features: Covered, Rear Porch, Screened
  • Water Access: Beach - Private
  • Water Extras: Fishing Pier
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Fishing, Fitness, Gated Community, Park, Playground, Pool, Sidewalk, Tennis Courts
  • Association Amenities: Clubhouse, Fitness Center, Gated, Playground, Pool, Security, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 536
  • Association Fee Frequency: Monthly
  • Association Name: Kathleen Banner
  • Phone: 863-547-1601
  • Association: Yes
  • Senior Community: No
  • Condo Land Included Y N: Yes
  • Amenities Additional Fees: IMPORTANT: THE UNIT OWNER MUST USE THE SERVICES OF THE ON-SITE MGMT COMPANY TO HAVE FREE ACCESS TO FITNESS CENTER, CLUBHOUSE AND RESTAURANT. CHARGES TO USE THESE AMENITIES TO BE VERIFIED BY BUYER. SEE ATTACHMENT.
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 6432
  • Monthly HOA Fee: 536
  • Total Monthly Fees: 536

Lot Info

  • Zoning: RC
  • Parcel Number: 26-25-12-999967-031050
  • Additional Parcels: No
  • Lot Features: Sidewalk
  • Flood Zone Code: x

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 25
  • Minimum Lease: No Minimum
  • Pet Restrictions: UNIT OWNER ONLY may have up to 2 pets not to exceed 25 lbs each. Buyer to verify all pet restrictions in Condo Docs.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Unit may not be occupied for more than 175 days in any 12 month period. This applies to OWNER and GUESTS. Buyer to verify rental restrictions.

Tax Info

  • Tax Annual Amount: 1374
  • Tax Block: 141020
  • Tax Book Number: 0012/0025
  • Tax Lot: 001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2020
Closed on
Oct 26, 2020
Sold by
Byers Patricia
Bought by
Alogran Llc
Seller's Agent
Karen Ledet
EXP REALTY LLC
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$112,000
Sold Price
$99,000
Premium/Discount to List
-$13,000
-11.61%
Total Days on Market
69
Current Estimated Value
$218,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,208
Avg. Annual Appreciation
19.17%

Purchase Details

Listed on
May 22, 2018
Closed on
Jul 24, 2018
Sold by
Ded Warriros Inc
Bought by
Byers Patrieia
Seller's Agent
Jenn Manzella
FLORIDA REALTY MARKETPLACE
Buyer's Agent
Jacklyn Kuilan
COLDWELL BANKER RESIDENTIAL RE
List Price
$110,000
Sold Price
$108,000
Premium/Discount to List
-$2,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.78%

Purchase Details

Closed on
Feb 28, 2006
Sold by
Crisp Andrew
Bought by
Wounded Warriors Inc

Purchase Details

Closed on
Jun 19, 2003
Sold by
Maesbury Homes Inc
Bought by
Crisp Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Interest Rate
5.2%

Range of Values:

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Average Value
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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
Alogran Llc $99,000 Integrity First Title Llc
Byers Patrieia $108,000 Integrity First Title Llc
Wounded Warriors Inc $218,500 All Florida Title Ins Inc
Crisp Andrew $169,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crisp Andrew K $135,200
Previous Owner Crisp Andrew $135,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2020 10/27/20 Sold $99,000 -8.3% $81 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
08/19/2020 08/19/20 Price Changed $108,000 -3.6% $88 / Sq Ft
07/29/2020 07/29/20 For Sale $112,000 +3.7% $91 / Sq Ft
10/24/2018 10/24/18 Off Market $108,000 -- --
07/25/2018 07/25/18 Sold $108,000 -1.8% $88 / Sq Ft
06/21/2018 06/21/18 Pending -- -- --
05/21/2018 05/21/18 For Sale $110,000 -- $90 / 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
2023 $2,124 $109,505 $0 $0
2022 $1,909 $99,550 $0 $0
2021 $1,422 $90,500 $100 $90,400
2020 $807 $85,721 $0 $0
2018 $1,182 $72,000 $100 $71,900
2017 $1,374 $84,700 $0 $0
2016 $1,323 $77,000 $0 $0
2015 $119 $70,000 $0 $0
2014 $119 $70,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5882084

Stellar MLS

APN: 26-25-12-999967-031050