NOT LISTED FOR SALE

5617 Nectar Cove Bradenton, FL 34211

Estimated Value: $776,084 - $837,000

4 Beds
2.5 Baths
2,381 Sq Ft
$340/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $705,000 $296 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,389/month

1 Day on Market

Highlights

  • 30 Feet of Waterfront
  • Screened Pool
  • Gated Community
  • B.D. Gullett Elementary School Rated A-
  • Home fronts a pond
  • Pond View

About This Home

As of October 2021

Stunning Water View property in one of Lakewood Ranch's exclusive gated communities, Bridgewater. Situated in a cul-de-sac, the setting of this home is magnificent. An ideal home in perfect harmony with its surroundings. Admire such home details as crown molding, tray ceilings, porcelain tile, plantation shutters. A split floor plan featuring generously sized rooms with ample storage. The kitchen boasts granite countertops, designer cabinetry, a gas cooktop, stainless appliances, a breakfast bar, and a breakfast nook area all capturing the water view. Walkout onto a spectacular extended lanai greeted by a majestic pool and water view! Automatic CrimSafe hurricane protection roll down screen across the lanai. The lot value alone cannot be reproduced for this price. Bridgewater is conveniently located to I-75, Lakewood Ranch Main Street, UTC Mall, and the Beaches. A unique opportunity for homebuyers!

Last Agent to Sell the Property

Gina Morgando

MORGANDO REALTY SERVICES, LLC License #3268573 Listed on: 09/30/2021

Last Buyer's Agent

Tina Timmons

ROSEBAY INTERNATIONAL REALTY, INC License #3290713

ROSEBAY INTERNATIONAL REALTY, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,156

Year Built

  • Built in 2016

Lot Details

  • 0.41 Acre Lot
  • Home fronts a pond
  • 30 Feet of Waterfront
  • South Facing Home
  • Property is zoned PDMU/A

HOA Fees

  • $256 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,381 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Shutters
  • Sliding Doors
  • Family Room Off Kitchen
  • Den
  • Inside Utility
  • Pond Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Gate
  • Hurricane or Storm Shutters

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Fence Around Pool
  • Child Gate Fence
  • Pool Lighting

Outdoor Features

  • Access To Pond
  • Exterior Lighting
  • Rain Gutters

Schools

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

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, ground maintenance, manager, private road, security
  • Icon Management Lee Weiss Association, Phone Number (941) 747-7261
  • Visit Association Website
  • Bridgewater Ph III At Lakewood Ranch Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, allowable golf cart usage in the community
  • Rental Restrictions

Recreation

  • Community Playground
  • Park

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,156

Year Built

Built in 2016

Lot Details

0.41 Acres

HOA Fees

$256 per month

Parking

3

Listing Details

  • HOA Fee Includes: Common Area Taxes, Maintenance Grounds, Manager, Private Road, Security
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2381
  • Lot Size Acres: 0.41
  • New Construction: No
  • Year Built: 2016
  • Building Area Total: 3419
  • Lot Size Sq Ft: 17855
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4513423?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4513423?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.97241
  • Price per Sq Ft: 296.09
  • Close to Original List Price Ratio: 0.97241
  • Ratio: Current Price\Building Area Total: 206.2
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: Shutters, Window Treatments
  • Room Count: 6
  • Additional Rooms: Den/Library/Office, Inside Utility

Exterior Features

  • Direction Faces: South
  • Pool Features: Child Safety Fence, Heated, In Ground, Lighting, Screen Enclosure
  • Exterior Features: Hurricane Shutters, Irrigation System, Lighting, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water View: Pond
  • Water Access: Pond
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 30
  • Water Frontage Feet Pond: 30

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central, Electric, Natural Gas
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Gated Community, Golf Carts OK, Irrigation-Reclaimed Water, Park, Playground, Sidewalk
  • Association Amenities: Playground, Security
  • Association Fee: 767
  • Association Fee Frequency: Quarterly
  • Association Name: ICON MANAGEMENT - LEE WEISS
  • Phone: 941-747-7261
  • Association: Yes
  • Security: Security Gate, Security System, Security System Owned
  • Senior Community: No
  • Association Website: https://www.theiconteam.com/
  • Association Email: LWEISS@theiconteam.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 3068
  • Monthly HOA Fee: 255.67
  • Total Monthly Fees: 255.67

Schools

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

Lot Info

  • Zoning: PDMU/A
  • Parcel Number: 579962659
  • Additional Parcels: No
  • Flood Zone Code: x500

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 6 Months
  • Approval Process: SEE HOA RULES & REGULATIONS
  • Pet Restrictions: SEE HOA RULES & REGULATIONS
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: SEE HOA RULES & REGULATIONS

Tax Info

  • Tax Annual Amount: 7156.15
  • Tax Lot: 252
  • Tax Other Annual Assessment Amount: 2113

Multi Family

  • Waterfront Features: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Oct 29, 2021
Sold by
Mulgrew Norman Louis and Mulgrew Lynda Wolf
Bought by
Griffin Blake Edward
Seller's Agent
Gina Morgando
MORGANDO REALTY SERVICES, LLC
Buyer's Agent
Tina Timmons
ROSEBAY INTERNATIONAL REALTY, INC
List Price
$725,000
Sold Price
$705,000
Premium/Discount to List
-$20,000
-2.76%
Current Estimated Value
$808,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,771
Avg. Annual Appreciation
3.24%
Original Mortgage
$548,250
Outstanding Balance
$501,037
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$307,734

Purchase Details

Listed on
Sep 24, 2019
Closed on
Dec 9, 2019
Sold by
Cabibi Philip A and Estok Thomas M
Bought by
Mulgrew Norman Louis and Mulgrew Lynda Wolf
Seller's Agent
Walter Shepherd
COLDWELL BANKER REALTY
Buyer's Agent
Marina Ortiz
CENTURY 21 BEGGINS ENTERPRISES
List Price
$549,995
Sold Price
$525,000
Premium/Discount to List
-$24,995
-4.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.88%
Original Mortgage
$315,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2016
Sold by
Lennar Homes Llc
Bought by
Cabibi Philip A and The Philip A Cabibi Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.52%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Griffin Blake Edward $705,000 Attorney
Mulgrew Norman Louis $525,000 Sunbelt Title Agency
Cabibi Philip A $528,900 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffin Blake Edward $548,250
Previous Owner Mulgrew Norman Louis $315,000
Previous Owner Cabibi Philip A $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2021 10/29/21 Sold $705,000 -2.8% $296 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $725,000 +38.1% $304 / Sq Ft
12/09/2019 12/09/19 Sold $525,000 -4.5% $220 / Sq Ft View Prior Sale
09/30/2019 09/30/19 Pending -- -- --
09/24/2019 09/24/19 For Sale $549,995 -- $231 / Sq Ft
Source: Stellar MLS

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 $11,598 $649,638 $96,900 $552,738
2023 $11,598 $685,481 $96,900 $588,581
2022 $10,880 $596,259 $95,000 $501,259
2021 $7,166 $373,738 $0 $0
2020 $7,156 $368,578 $85,000 $283,578
2019 $8,382 $385,175 $85,000 $300,175
2018 $8,346 $380,646 $85,000 $295,646
2017 $8,007 $376,354 $0 $0
2016 $3,997 $85,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4513423

Stellar MLS

APN: 5799-6265-9

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