NOT LISTED FOR SALE

5844 Wake Forest Run Unit 102 Lakewood Ranch, FL 34211

Estimated Value: $627,000 - $647,000

3 Beds
2 Baths
2,108 Sq Ft
$808/mo HOA Fee

Last Sold August 17, 2023

Last sale price $700,000 $332 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $5,172/month

42 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Pond View
  • Lakewood Ranch High School Rated A-
  • Gated Community
  • 0.41 Acre Lot

About This Home

As of August 2023

Relax in this beautifully upgraded and turnkey furnished 3 bedroom 2 bath coach home at Lakewood National Golf Club. Indulge in this picturesque and gated community catering to a first class amenity-rich lifestyle. This gently lived-in second floor model-like home has a plethora of designer inspired improvements. Unwind in your oversized master bedroom with a restful sitting area, en-suite bath, large soaking tub, walk-in closets, and access to the peaceful lanai. Prepare wonderful meals in this large, eat-in kitchen with ample cabinet space, stainless steel appliances, granite countertops, and breakfast bar. Entertain or simply sit back and relax in your gracious gathering area, complete with a wet-bar and wine refrigerator. Sip your morning coffee, your favorite afternoon beverage, or simply read a book on your tranquil screened-in lanai with a beautiful pond and the lush green golf course views. Storage is well handled with an oversized tandem garage that easily fits two cars plus a golf cart or third car. Lakewood National Golf Club is sure to satisfy everyone’s lifestyle by providing a variety of amenities from 2 award winning Arnold Palmer designed golf courses, 8 har-tru lighted tennis courts, 4 pickleball courts, 2 bocce ball courts, a large zero-entry community pool and poolside tiki bar, satellite pools throughout the community, pro-shop, state of the art fitness center, aerobic room, spin cycle room, onsite spa and salon, and 24/7 manned gatehouse. Still desire more? There is a 28,000 sq ft Grand clubhouse which will house a full-service restaurant, private conference/event rooms, locker rooms, lounges and more, opening this summer! Enjoy the organized events for residents offered by Lakewood National’s very own Lifestyle Director such as day trips with a common theme, monthly calendar of events for fitness, trivia night, and card night. This highly revered maintenance free community is located near a plethora of fine dining options, the Arts of Sarasota & spectacular nightlife, world class shopping, 3 international airports, and just 30 minutes from Florida's beautiful AWARD-WINNING beaches!!

Last Agent to Sell the Property

Scott Nold

TNG PROPERTY MANAGEMENT License #2486267 Listed on: 06/01/2023

Co-Listed By

Kelli Ann Nold

TNG REAL ESTATE License #3213211

Last Buyer's Agent

Kelli Ann Nold

TNG REAL ESTATE License #3213211

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,620

Year Built

  • Built in 2018

Lot Details

  • South Facing Home

HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Turnkey
  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 2,108 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Pond Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, common area taxes, pool, maintenance structure, ground maintenance, management, recreational facilities
  • Tropical Isles Management Association, Phone Number (941) 487-7927
  • Visit Association Website
  • The Icon Team Association, Phone Number (941) 777-7021
  • Lakewood National Community
  • Lakewood National Ph 12 Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions, allowable golf cart usage in the community

Amenities

  • Clubhouse
  • Community Mailbox

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • 3 Pets Allowed
  • Breed Restrictions

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,620

Year Built

Built in 2018

Lot Details

0

HOA Fees

$808 per month

Parking

3

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Common Area Taxes, Pool, Maintenance Structure, Maintenance Grounds, Management, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2108
  • Lot Size Acres: 0.41
  • New Construction: No
  • Year Built: 2018
  • Building Area Total: 2822
  • Lot Size Sq Ft: 17895
  • Directions to Property: Heading east on State Road 70, turn left on Uihlein Road, turn right on Lakewood National Parkway and proceed through the guard gate, take the second right onto Wake Forest Run, and the home will be on your right.
  • Status: Sold
  • Co List Office Mls Id: MFR281542070
  • Co List Office Phone: 941-773-9599
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 2
  • List Office Head Office Key Nume: 679884419
  • Minimum Lease: 1 Month
  • Number Of Pets: 3
  • RATIO Current Price By Calculate: 332.07
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Thermostat
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 5844
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 195.84
  • Room Count: 7

Exterior Features

  • Direction Faces: South
  • Exterior Features: Balcony, Lighting, Sidewalk
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • 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: 3
  • Garage Yn: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Gated, Golf Carts OK, Golf, Pool, Sidewalks, Tennis Courts
  • Association Amenities: Basketball Court, Clubhouse, Fitness Center, Gated, Golf Course, Maintenance, Pickleball Court(s), Pool, Recreation Facilities, Security, Spa/Hot Tub, Tennis Court(s)
  • Association Name: Tropical Isles Management
  • Phone: (941) 487-7927
  • Association: No
  • Senior Community: No
  • Association #2 Fee: 5241
  • Association #2 Fee Frequency: Annually
  • Association: The Icon Team
  • Association Phone #2: 941-777-7021
  • Association 2 YN: 1
  • Association Approval Required YN: 1
  • Pet Restrictions: Please confirm all Pet rules and regulations with the Association.
  • Building Name Number: 5844
  • Condo Fees: 1113
  • Condo Land Included YN: 1
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: Honna@tropicalisles.net
  • Monthly Condo Fee Amount: 371
  • Association URL: www.tropicalislesmanagement.net

Fee Information

  • Total Annual Fees: 9693.00
  • Total Monthly Fees: 807.75

Lot Info

  • Zoning: RESI
  • Parcel Number: 581548959
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 1662

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Breed Restrictions, Number Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please confirm all rental rules and regulations with the Association.

Tax Info

  • Tax Annual Amount: 7619.68
  • Tax Lot: NA
  • Tax Other Annual Assessment Amount: 2208

Multi Family

  • Approval Process: Please confirm all approval rules and regulations with the Association.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Aug 17, 2023
Sold by
Doreen Timothy Frances and Doreen Ellen L
Bought by
Rappa Michele R and Rappa Benedict A
Seller's Agent
Scott Nold
TNG PROPERTY MANAGEMENT
Buyer's Agent
Kelli Ann Nold
TNG REAL ESTATE
List Price
$749,900
Sold Price
$700,000
Premium/Discount to List
-$49,900
-6.65%
Views
62
Current Estimated Value
$639,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,569
Avg. Annual Appreciation
-4.19%
Original Mortgage
$213,337
Outstanding Balance
$209,504
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$433,837

Purchase Details

Listed on
Feb 15, 2022
Closed on
Jan 27, 2022
Sold by
Favors and Linda
Bought by
Doreen Timothy Frances and Doreen Ellen L
Seller's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
Buyer's Agent
Brent Leathwood
CROSS BORDER REALTY LLC
List Price
$735,000
Sold Price
$735,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.20%
Original Mortgage
$564,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2018
Sold by
Lennar Homes Llc
Bought by
Favors Linda and Favors Bill
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rappa Michele R $700,000 None Listed On Document
Doreen Timothy Frances $735,000 Icard Merrill Cullis Timm Fure
Favors Linda $335,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rappa Michele R $213,337
Previous Owner Doreen Timothy Frances $564,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2023 08/17/23 Sold $700,000 0.0% $332 / Sq Ft
07/14/2023 07/14/23 Pending -- -- --
07/07/2023 07/07/23 Price Changed $700,000 -5.4% $332 / Sq Ft
06/14/2023 06/14/23 Price Changed $739,900 -1.3% $351 / Sq Ft
06/01/2023 06/01/23 For Sale $749,900 +2.0% $356 / Sq Ft
02/15/2022 02/15/22 Sold $735,000 0.0% $349 / Sq Ft
02/15/2022 02/15/22 For Sale $735,000 -- $349 / Sq Ft
01/15/2022 01/15/22 Pending -- -- --
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 $9,985 $556,750 -- $556,750
2023 $9,985 $531,250 $0 $531,250
2022 $7,620 $409,500 $0 $409,500
2021 $6,559 $305,000 $0 $305,000
2020 $6,686 $295,000 $0 $295,000
2019 $6,381 $272,000 $0 $272,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4569654

Stellar MLS

APN: 5815-4895-9