NOT LISTED FOR SALE

5247 Coral Reef Way Bradenton, FL 34211

Estimated Value: $681,000 - $783,000

5 Beds
3 Baths
3,231 Sq Ft
$226/Sq Ft Est. Value

Last Sold November 01, 2023

Last sale price $720,000 $223 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,373/month

Highlights

  • New Construction
  • Pond View
  • Hurricane or Storm Shutters
  • B.D. Gullett Elementary School Rated A-
  • Solid Surface Countertops
  • 2 Car Attached Garage

About This Home

As of November 2023

Welcome to Lorraine Lakes and this beautiful, 2-story home situated on a large lake lot. This 5 bedroom PLUS BONUS ROOM, 3 bathroom Monte Carlo home has upgraded tile throughout the first floor, carpet across the 2nd floor, and beautiful quartz countertops! With a TANDEM 2 car garage, there is plenty of space for all of your toys and extra storage. Enjoy the beautiful sunrises over the lake from your screened in lanai and plenty of natural sunlight throughout the day. Sit back and relax at the resort style Amenity Center that includes 2 basketball courts, 4 tennis courts, 4 pickleball courts, a putting green, a restaurant and bar, and much more!

Last Agent to Sell the Property

Rick Weber

REALTY ONE GROUP MVP Brokerage Phone: 888-883-8509 License #3537289 Listed on: 10/08/2023

REALTY ONE GROUP MVP

Co-Listed By

Jason Kranz

LPT REALTY, LLC Brokerage Phone: 888-883-8509 License #3239907

Last Buyer's Agent

Rick Weber

REALTY ONE GROUP MVP Brokerage Phone: 888-883-8509 License #3537289 Listed on: 10/08/2023

REALTY ONE GROUP MVP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,027

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 8,370 Sq Ft Lot
  • West Facing Home
  • Irrigation

HOA Fees

  • $363 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 3,231 Sq Ft Home
  • Pond Views
  • Hurricane or Storm Shutters

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • Jessilyn Quigley Association
  • Lorraine Lakes Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,027

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$363 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 3231
  • Lot Size Acres: 0.19
  • New Construction: Yes
  • Year Built: 2023
  • Building Area Total: 4158
  • Lot Size Sq Ft: 8370
  • Directions to Property: from state rd 70 E, go north on Lorraine Rd, turn right onto Rangeland PKWY, turn left onto Coral Reef Way, home will be on the right
  • Status: Sold
  • Co List Office Mls Id: MFR261010944
  • Co List Office Phone: 888-883-8509
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1041803
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 222.84
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2023
  • Special Features: NewHome

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Master Bedroom Upstairs, Solid Surface Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Street Number Modifier: 5247
  • ResoLivingAreaSource: Builder
  • Living Area Meters: 300.17
  • Room Count: 3

Exterior Features

  • Direction Faces: West
  • Exterior Features: Hurricane Shutters, Irrigation System, Sidewalk
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View: Pond
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1090
  • Association Fee Frequency: Quarterly
  • Association Name: Jessilyn Quigley
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: see deed restrictions
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 4360.00
  • Total Monthly Fees: 363.33
  • Monthly HOA Amount: 363.33

Lot Info

  • Zoning: RESI
  • Parcel Number: 581251859
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 778

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: 1 month minimum. see deed restrictions

Tax Info

  • Tax Annual Amount: 2027.34
  • Tax Lot: 924
  • Tax Other Annual Assessment Amount: 1748

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2023
Closed on
Nov 1, 2023
Sold by
Weldon Jonathan E and Weldon Maria
Bought by
Porter Brendan P and Zombolas Allison K
Seller's Agent
Rick Weber
REALTY ONE GROUP MVP
Buyer's Agent
Rick Weber
REALTY ONE GROUP MVP
List Price
$720,000
Sold Price
$720,000
Views
4
Current Estimated Value
$702,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,842
Avg. Annual Appreciation
0.53%

Purchase Details

Listed on
Oct 8, 2023
Closed on
Oct 6, 2023
Sold by
Lennar Homes Llc
Bought by
Weldon Jonathan and Weldon Maria
Seller's Agent
Rick Weber
REALTY ONE GROUP MVP
Buyer's Agent
Rick Weber
REALTY ONE GROUP MVP
List Price
$720,000
Sold Price
$720,000
Views
4
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Porter Brendan P $720,000 Sunbelt Title
Weldon Jonathan $625,000 Lennar Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2023 11/01/23 Sold $720,000 0.0% $223 / Sq Ft
10/08/2023 10/08/23 Pending -- -- --
10/08/2023 10/08/23 For Sale $720,000 -- $223 / 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 $2,202 $494,589 -- --
2023 $2,202 $11,977 $11,977 --
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Rick Weber

    REALTY ONE GROUP MVP

    (888) 883-8509

    6 in this area

    23 Total Sales

    Section Image
  • Jason Kranz

    Seller Co-Listing Agent in 2023

    Jason Kranz

    LPT REALTY, LLC

    (352) 446-6001

    26 in this area

    147 Total Sales

    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4585151

Stellar MLS

APN: 5812-5185-9

Florida Manatee County Bradenton 34211

5247 Coral Reef Way, Bradenton, FL

This home is located at 5247 Coral Reef Way, Bradenton, FL 34211 since 08 October 2023 and is currently estimated at $729,091, approximately $225 per square foot. This property was built in 2023. 5247 Coral Reef Way is a home located in Manatee County with nearby schools including B.D. Gullett Elementary School, Lakewood Ranch High School, and Dr Mona Jain Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

Nearby Homes