NOT LISTED FOR SALE

542 Summerwood Dr Minneola, FL 34715

Estimated Value: $473,821 - $603,000

4 Beds
2.5 Baths
2,512 Sq Ft
$217/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $325,000 $129 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,301/month

43 Days on Market

Highlights

  • Covered Dock
  • Oak Trees
  • Custom Home
  • Access To Chain Of Lakes
  • Fishing
  • View of Trees or Woods

About This Home

As of September 2018

Stunning 4 Bedroom, 2.5 Bath Home in Coveted Waterford Landing, a Chain of Lakes Custom Home Community. Enjoy Lake Views Daily as Your Drive To & From Home Takes You Along the Shoreline of Beautiful Lake Minneola. This Head Turning Home Has High Ceilings & an Open Floor Plan Finished in a Neutral Palate. Custom Details Are Found Inside & Out Such as a Pavered Driveway, Stately Architectural Columns, Travertine Flooring Inlays, Rich Wood Laminate Floors, 5 1/4" Baseboards & Rubbed Bronze Fixtures. Hand Glazed Maple Cabinetry with Rain Glass Doors Flank the French Country Range Hood of the Open Kitchen. The Large Master Suite Has 2 Closets Including a Walk In. The Extensive Master Bath Includes a 2nd Water Heater, HUGE Shower and Soaking Tub with Dual Sinks & Cosmetic Vanity. The Grand Winding Staircase Leads to a Cozy Loft, Making it The Perfect Reading Nook. Also on the 2nd Floor is an Expansive Bonus Room/4th Bedroom with a Large Closet. Flanked by Two Windows is A Hand Carved Oak Mantle Which Frames the Gas & Wood Burning Fireplace. You'll Also Find an Interior Laundry Room, Guest 1/2 Bath & Another Room That Could Serve as a 5th Bedroom, Home Gym or Office. A Screened Patio Leads to the Open Sun Deck Overlooking Nothing But a Forest of Trees and No Rear Neighbors! Surround Sound Speakers & Security Alarm are Installed as well as a NEW A/C Compressor & Samsung Dishwasher. Enjoy the Community Fishing Pier as the Sun Sets Over the Lake. Open Concept Meets Custom Quality in

Last Agent to Sell the Property

Brandi Stewart

COLDWELL BANKER HUBBARD HANSEN License #3186471 Listed on: 06/13/2018

COLDWELL BANKER HUBBARD HANSEN

Last Buyer's Agent

Lori McKeeby

KEY CLASSIC REALTY LLC License #3158715

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,180

Year Built

  • Built in 2003

Lot Details

  • 0.31 Acre Lot
  • North Facing Home
  • Mature Landscaping
  • Irrigation
  • Oak Trees
  • Property is zoned RSF-2

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Custom Home
  • Slab Foundation
  • Stem Wall Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,512 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Gas Fireplace
  • Shades
  • Blinds
  • Breakfast Room
  • Den
  • Loft
  • Bonus Room
  • Inside Utility
  • Laundry in unit
  • Views of Woods
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Laminate
  • Tile
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Access To Chain Of Lakes
  • Access To Lake
  • Fishing Pier
  • Water Skiing Allowed
  • Covered Dock
  • Dock made with wood
  • Open Dock
  • Balcony
  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Waterford Landing Tr D Subdivision
  • Rental Restrictions

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,180

Year Built

Built in 2003

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • HOA Fee Includes: Other
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2512
  • Lot Size Acres: 0.31
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 3356
  • Lot Size Sq Ft: 13544
  • Directions to Property: FROM HWY 50/HWY 27, TRAVEL NORTH ON HWY 27, TURN LEFT AT WASHINGTON ST., FOLLOW STRAIGHT UNTIL ROAD TURNS INTO LAKESHORE DR., TRAVEL N ON LAKESHORE DRIVE. TURN LEFT INTO WATERFORD LANDING. TURN RIGHT ON SUMMERWOOD DRIVE, HOME ON RIGHT.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G5002623&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G5002623&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.97015
  • Price per Sq Ft: 129.38
  • Close to Original List Price Ratio: 0.97015
  • Ratio: Current Price\Building Area Total: 96.84
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile, Travertine
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Skylight(s), Solid Wood Cabinets
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator
  • Foundation Details: Slab, Stem Wall
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Yn: No
  • Stories: 2
  • Window Features: Blinds, Shades
  • Street Number Modifier: 542
  • Room Count: 9
  • Additional Rooms: Attic, Bonus Room, Breakfast Room Separate, Den/Library/Office, Inside Utility, Loft
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Exterior Features: Balcony, Irrigation System, Lighting, Rain Gutters, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods
  • Water Body Name: Lake Minneola
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Enclosed, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water Access: Lake, Lake - Chain of Lakes
  • Water Extras: Dock - Covered, Dock - Open, Dock - Wood, Fishing Pier, Skiing Allowed
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12069C0560E
  • Disclosures: HOA/PUD/Condo Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Natural Gas
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fishing, Water Access
  • Association Fee: 350
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 350
  • Monthly HOA Fee: 29.17
  • Total Monthly Fees: 29.17

Lot Info

  • Zoning: RSF-2
  • Parcel Number: 07-22-26-250000001200
  • Additional Parcels: No
  • Lot Features: City Lot, Sidewalk
  • Flood Zone Code: X
  • Flood Zone Date: 2012-12-18
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 8-12 Months
  • Approval Process: Buyer to see deed restrictions and verify/contact HOA.
  • Pet Restrictions: Buyer to verify deed restrictions.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Buyer to see deed restrictions and verify/contact HOA.

Tax Info

  • Tax Annual Amount: 4180
  • Tax Block: 000
  • Tax Book Number: 36-59-60
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2018
Closed on
Sep 28, 2018
Sold by
Reedyk Amy J and Beaver Andrew
Bought by
Roberts Jason G and Roberts Lynsie M
Seller's Agent
Brandi Stewart
COLDWELL BANKER HUBBARD HANSEN
Buyer's Agent
Lori McKeeby
KEY CLASSIC REALTY LLC
List Price
$335,000
Sold Price
$325,000
Premium/Discount to List
-$10,000
-2.99%
Current Estimated Value
$544,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,205
Avg. Annual Appreciation
7.66%
Original Mortgage
$309,245
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Jul 26, 2016
Sold by
Grubbs Scott T and Grubbs Pamela Dane
Bought by
Reedyk Amy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,659
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
May 14, 2002
Sold by
W T L Eng Inc
Bought by
Grubbs Scott T and Grubbs Pamela Dane

Purchase Details

Closed on
Apr 24, 2002
Sold by
Harper Phillip D
Bought by
W T L Eng Inc
Source: Public Records

Range of Values:

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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
Roberts Jason G $325,000 West Branch Metes And Bounds
Reedyk Amy J $292,000 Metes & Bounds Title Company
Grubbs Scott T -- --
W T L Eng Inc -- --
W T L Eng Inc $22,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Jason G $314,708
Closed Roberts Jason G $314,708
Closed Roberts Jason G $311,999
Closed Roberts Jason G $309,245
Previous Owner Reedyk Amy J $279,659
Previous Owner Grubbs Scott T $224,857
Previous Owner Grubbs Scott T $34,000
Previous Owner Grubbs Pamela Dane $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $325,000 -3.0% $129 / Sq Ft
07/26/2018 07/26/18 Pending -- -- --
06/13/2018 06/13/18 For Sale $335,000 -- $133 / 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 $4,473 $309,750 -- --
2024 $4,473 $309,750 -- --
2023 $4,473 $291,980 $0 $0
2022 $4,361 $283,480 $0 $0
2021 $4,329 $275,223 $0 $0
2020 $4,332 $271,424 $0 $0
2019 $4,537 $271,424 $0 $0
2018 $4,239 $254,675 $0 $0
2017 $4,180 $249,437 $0 $0
2016 $2,406 $158,598 $0 $0
2015 $2,459 $157,496 $0 $0
2014 $2,454 $156,247 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G5002623

Stellar MLS

APN: 07-22-26-2500-000-01200