$699,900
SOLD JUN 10, 2024

5327 Coral Reef Way Bradenton, FL 34211

4 Beds
3 Baths
2,032 Sq Ft
8,751 Sq Ft Lot

Recently Sold

$344 Per Sq Ft

7% Below List Price

23 Days on Market

Highlights

  • Water Views
  • Fitness Center
  • Screened Pool
  • B.D. Gullett Elementary School Rated A-
  • Tennis Courts
  • Gated Community

About This Home

As of June 2024

PRICED TO GO FAST! Pool furniture is included with outdoor TV. Florida living at its finest! This pristine single-level Trevi Model home built in 2022 is nestled within the coveted gated community of Lorraine Lakes. This immaculate residence features 4 bedrooms and 3 full baths across a spacious 2,032 square feet. Inside, you will find a blend of tile flooring and plush carpeting in the bedrooms. The open floor plan is highlighted by a generous granite island in the kitchen, equipped with natural gas. The primary bedroom is a true retreat, featuring two spacious walk-in closets and an oversized shower. There are 3 additional bedrooms, one of which has an en-suite perfect for your guests. Entertaining is a breeze in this lovely abode, perfect for hosting gatherings and enjoying a paradise-like lifestyle right at home. Looking for a custom pool? Look no further as this home comes with a beautiful custom built pool and hot tub and a fenced in yard! Water views are hard to find now in Lorraine Lakes, this is one of the best! Residents of Lorraine Lakes are privileged with a wide array of amenities, including pickleball, basketball, tennis, volleyball, bocce ball, a playground, lap pool, resort-style pool, a kiddie splash pad/pool, and state-of-the-art fitness centers with locker rooms and saunas. You can also take advantage of the arcade room, coffee bar, tiki bar and an indoor restaurant for your convenience. Conveniently located, you're just minutes away from grocery stores, a plethora of shops, and an enticing selection of restaurants. The renowned UTC shopping mall is also within easy reach. Additionally, I-75 is a mere 10-minute drive away, making transportation a breeze. Your guests will be delighted to visit as the beautiful beaches and the vibrant city of Sarasota are only a 25-minute drive away. Pack your bags; this remarkable home is ready to welcome you to a lifestyle of comfort and luxury!

Last Agent to Sell the Property

Jason Van Cleave

FINE PROPERTIES Brokerage Phone: 941-782-0000 License #3297123 Listed on: 04/04/2024

FINE PROPERTIES

Last Buyer's Agent

Mauri Blefeld

COLDWELL BANKER REALTY License #3272592

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,071

Year Built

  • Built in 2022

Lot Details

  • 8,751 Sq Ft Lot
  • Southwest Facing Home
  • Dog Run

HOA Fees

  • $249 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,032 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Family Room Off Kitchen
  • Water Views
  • Hurricane or Storm Shutters

Kitchen

  • Eat-In Kitchen
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Screened Pool
  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Tennis Courts
  • Rain Gutters

Schools

  • Gullett Elementary School
  • Dr Mona Jain Middle School
  • Lakewood Ranch High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Natural Gas Connected
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, cable TV, pool, internet, ground maintenance, management, private road, recreational facilities, security
  • Icon Management Association
  • Built by Lennar
  • Lorraine Lakes Ph Iia Subdivision, Trevi Floorplan
  • The community has rules related to deed restrictions, fencing, allowable golf cart usage in the community

Amenities

  • Restaurant
  • Sauna
  • Clubhouse
  • Community Mailbox

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Recreation Facilities
  • Shuffleboard Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,071

Year Built

Built in 2022

Lot Details

0

HOA Fees

$249 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Pool, Internet, Maintenance Grounds, Management, Private Road, Recreational Facilities, Security
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2032
  • Lot Size Acres: 0.2
  • New Construction: No
  • Year Built: 2022
  • Building Area Total: 2032
  • Lot Size Sq Ft: 8751
  • Directions to Property: I-75 to Exit 217 (SR-70). Go east for 5.2 miles, then left on Uihlein Road. After approximately 1.5 miles, Lorraine Lakes will be on the left. Take a left at Silver Sky Cir, then left on Island Walk Dr, then left on Coral Reef Way.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1047148
  • Minimum Lease: 1 Month
  • Number Of Pets: 3
  • RATIO Current Price By Calculate: 344.44
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 941-782-0000
  • Tax Year: 2023
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Street Number Modifier: 5327
  • ResoLivingAreaSource: Builder
  • Living Area Meters: 188.78
  • Room Count: 3

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: In Ground, Screen Enclosure
  • Exterior Features: Dog Run, Hurricane Shutters, Irrigation System, Rain Gutters, Sidewalk, Sliding Doors, Tennis Court(s)
  • Roof: Concrete, Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Gas Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Canal/Lake For Irrigation, Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Gated Community - Guard, Golf Carts OK, Irrigation-Reclaimed Water, Playground, Pool, Restaurant, Sidewalks, Tennis Courts
  • Association Amenities: Basketball Court, Cable TV, Clubhouse, Fence Restrictions, Fitness Center, Gated, Park, Pickleball Court(s), Playground, Pool, Recreation Facilities, Sauna, Security, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 746
  • Association Fee Frequency: Quarterly
  • Association Name: ICON MANAGEMENT
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: See covenants
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 2984.00
  • Total Monthly Fees: 248.67
  • Monthly HOA Amount: 248.67

Schools

  • Elementary School: Gullett Elementary
  • High School: Lakewood Ranch High
  • Middle Or Junior School: Dr Mona Jain Middle

Lot Info

  • Zoning: RESI
  • Parcel Number: 581223009
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 813
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Lennar

Rental Info

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: 30 day Minimums, 12 x per year - Lorraine Lakes has an application for renter for gate passes and key fobs for access to pool. $100 fee to Lorraine Lakes

Tax Info

  • Tax Annual Amount: 8070.64
  • Tax Lot: 418
  • Tax Other Annual Assessment Amount: 1363

Multi Family

  • Approval Process: 30 day Minimums, 12 x per year - Lorraine Lakes has an application for renter for gate passes and key fobs for access to pool. $100 fee to Lorraine Lakes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
Jun 10, 2024
Sold by
Neely Shawn and Oates Lisa Ann
Bought by
Hopps Samuel P and Hopps Ashley Lynn
Seller's Agent
Jason Van Cleave
FINE PROPERTIES
Buyer's Agent
Mauri Blefeld
COLDWELL BANKER REALTY
List Price
$749,000
Sold Price
$699,900
Premium/Discount to List
-$49,100
-6.56%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$722,996
Outstanding Balance
$715,274
Interest Rate
7.17%
Mortgage Type
VA

Purchase Details

Closed on
Aug 30, 2022
Sold by
Lennar Homes Llc
Bought by
Neely Shawn and Oates Lisa Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,918
Interest Rate
5.3%
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 Type Sale Price Title Company
Warranty Deed $699,900 None Listed On Document
Special Warranty Deed $529,900 Lennar Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $722,996 VA
Previous Owner $423,918 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 For Sale $669,000 -4.4% $329 / Sq Ft
06/10/2024 06/10/24 Sold $699,900 0.0% $344 / Sq Ft
04/28/2024 04/28/24 Pending -- -- --
04/23/2024 04/23/24 Price Changed $699,900 -4.1% $344 / Sq Ft
04/15/2024 04/15/24 Price Changed $730,000 -2.5% $359 / Sq Ft
04/04/2024 04/04/24 For Sale $749,000 -- $369 / 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 $8,071 $532,503 $66,300 $466,203
2023 $8,071 $421,292 $66,300 $354,992
2022 $2,857 $65,000 $65,000 $0
2021 $1,754 $8,047 $8,047 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4606039

Stellar MLS

APN: 5812-2300-9