NOT LISTED FOR SALE

Estimated Value: $506,000 - $637,000

4 Beds
3 Baths
2,290 Sq Ft
$255/Sq Ft Est. Value

Last Sold March 16, 2022

Last sale price $650,000 $284 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $3,826/month

1 Day on Market

Highlights

  • 72 Feet of Waterfront
  • Custom Home
  • Lake View
  • Tara Elementary School Rated A-
  • Gated Community
  • Open Floorplan

About This Home

As of March 2022

FABULOUS HOTCAKE IN MANDALAY! Killer water views from the added huge pavered lanai! 4 bedroom + 3 bath + bonus room 3 CAR GARAGE. Wow! The additional bonus room is perfect for the work-at-home setup. Beautifully decorated and featuring crown molding and pretty plantation shutters. The split open plan boasts ceramic tile in main areas and the primary and 4th BR, and attractive window and slider plantation shutters let the light and fresh air in. Enjoy meals at the breakfast bar, adjacent breakfast area or in the formal dining room. The kitchen features granite with wood cabinetry, tray ceiling with fan and updated stainless appliances. The open floorplan allows the chef to whip up yummy treats while chatting with guests and watching the game. One of the best deep water views in Mandalay! A large added lanai extension has been freshly screened; the lanai is the place to be! Plenty of room for sunbathing and a shady area for a cool drink and a good book. The whole gang can party out here (with no pool in the way) and how lucky that one of the three full baths offers direct access! Beautiful curb appeal with the landscape curbing; even the front doors were replaced. Newer washer and dryer too! The three-car offers tons of storage and *the new HVAC permit was closed out May 2021*. Hurricane shutters fortunately continue to be bored in the garage. Mandalay has no CDD fees and the low HOA fee and very low taxes makes this an outstanding value in a GATED and exceptionally well-maintained community. The location is prime, being close to the ever-growing UTC Shopping mecca, SRQ International Airport, great schools including Braden River High School, IMG Academy, Ringling College of Art & Design, USF, Manatee Technical College, LECOM and New College. Shopping continues to explode in this area and Benderson Park and the beaches are a short drive away. If room sizes are important, please remeasure.

Last Agent to Sell the Property

Lynn Ludecke

COLDWELL BANKER SARASOTA CENT. License #3215150 Listed on: 02/20/2022

COLDWELL BANKER SARASOTA CENT.

Last Buyer's Agent

Lynn Ludecke

COLDWELL BANKER SARASOTA CENT. License #3215150 Listed on: 02/20/2022

COLDWELL BANKER SARASOTA CENT.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,317

Year Built

  • Built in 2004

Lot Details

  • 9,788 Sq Ft Lot
  • 72 Feet of Waterfront
  • Lake Front
  • South Facing Home
  • Irrigation
  • Property is zoned PDMU

HOA Fees

  • $123 Monthly HOA Fees

Parking

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

Home Design

  • Custom Home
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,290 Sq Ft Home
  • Open Floorplan
  • Partially Furnished
  • Crown Molding
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Den
  • Inside Utility
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Porcelain Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Hurricane or Storm Shutters
  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Screened Patio
  • Rain Gutters
  • Porch

Schools

  • Tara Elementary School
  • Braden River Middle School
  • Braden River High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include manager
  • Argus Property Management/ Rebakah Svoboda Association, Phone Number (941) 927-6464
  • Visit Association Website
  • Built by Ryland
  • Mandalay Ph I Subdivision, Remington Floorplan
  • Mandalay Community
  • The community has rules related to deed restrictions
  • Rental Restrictions

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,317

Year Built

Built in 2004

Lot Details

0

HOA Fees

$123 per month

Parking

3

Listing Details

  • HOA Fee Includes: Manager
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2290
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 2004
  • Building Area Total: 3203
  • Lot Size Sq Ft: 9788
  • Directions to Property: ALL VISITORS MUST ENTER THE COMMUNITY FROM THE MAIN GATE AT 62ND AVE E, OFF OF LOCKWOOD RIDGE(GPS will take you to another gate which is for residents only).Lockwood Ridge Rd, NORTH of Honore, to Mandalay Main Entrance. GATE CODE NEEDED 24/7. Thru gate to L on 62nd Ave E.L onto 46th St E. R onto 46th Lane E. R onto 47th St E. 3rd house on Left. If you don't have GPS, you might want to print out a map of Mandalay. It can be confusing. Code box can be fussy. You may need to press any key first to wake it up and then the code AND THE LITTLE GREEN BUTTON IN THE MIDDLE.
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4522496?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4522496?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 1.08478
  • Price per Sq Ft: 283.84
  • Close to Original List Price Ratio: 1.08478
  • Ratio: Current Price\Building Area Total: 202.93
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Porcelain Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Window Features: Storm Window(s)
  • Street Number Modifier: 6109
  • Room Count: 9
  • Additional Rooms: Den/Library/Office, Inside Utility

Exterior Features

  • Direction Faces: South
  • Exterior Features: Hurricane Shutters, Irrigation System, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0317E
  • Waterfront Frontage: 72
  • Water Frontage Feet Lake: 72

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community, Sidewalk
  • Association Amenities: Gated
  • Association Fee: 368
  • Association Fee Frequency: Quarterly
  • Association Name: Argus Property Management/ Rebakah Svoboda
  • Phone: 941-927-6464
  • Association: Yes
  • Security: Gated Community, Security System, Smoke Detector(s)
  • Senior Community: No
  • Association Website: https://mandalayfl.com
  • Association Email: rebekah@argusmgmt.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 1472
  • Monthly HOA Fee: 122.67
  • Total Monthly Fees: 122.67

Schools

  • Elementary School: Tara Elementary
  • High School: Braden River High
  • Middle Or Junior School: Braden River Middle

Lot Info

  • Zoning: PDMU
  • Parcel Number: 1878907609
  • Additional Parcels: No
  • Lot Features: Sidewalk
  • Flood Zone Code: X
  • Flood Zone Date: 2014-03-17

Building Info

  • Builder Name: Ryland

Rental Info

  • Furnished: Partially
  • Pets Allowed: Yes
  • Minimum Lease: 6 Months
  • Approval Process: Contact HOA manager Rebakah Svoboda rebekah@argusmgmt.com 941-927-6464
  • Pet Restrictions: Contact HOA manager Rebakah Svoboda rebekah@argusmgmt.com 941-927-6464
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Contact HOA manager Rebakah Svoboda rebekah@argusmgmt.com 941-927-6464

Tax Info

  • Tax Annual Amount: 3317
  • Tax Block: 4
  • Tax Book Number: 43-162
  • Tax Lot: 27

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2022
Closed on
Mar 16, 2022
Sold by
Barbara A Welter Revocable Living Trust
Bought by
Paduano Richard and Perera Irma
Seller's Agent
Lynn Ludecke
COLDWELL BANKER SARASOTA CENT.
Buyer's Agent
Lynn Ludecke
COLDWELL BANKER SARASOTA CENT.
List Price
$599,200
Sold Price
$650,000
Premium/Discount to List
$50,800
8.48%
Current Estimated Value
$583,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$66,135
Avg. Annual Appreciation
-3.14%
Original Mortgage
$416,000
Outstanding Balance
$389,072
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$191,416

Purchase Details

Closed on
Jul 6, 2016
Sold by
Welter Barbara A and Welter George A
Bought by
Welter Barbara A and Welter George A

Purchase Details

Closed on
Jul 1, 2016
Bought by
Welter George A

Purchase Details

Closed on
Apr 19, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Welter George A and Welter Barbara A

Purchase Details

Closed on
Jan 4, 2007
Sold by
Stockdill Stanley
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Oct 10, 2006
Sold by
Stockdill Stanley
Bought by
New Century Credit Corp

Purchase Details

Closed on
Oct 17, 2005
Sold by
Stockdill Stanley and Stockdill Michelle
Bought by
Ernest M Grochowski Llc and 6109 East 47Th Street Residential Land T

Purchase Details

Closed on
Jun 3, 2005
Sold by
Barth Monica and Hedge Thomas
Bought by
Stockdill Stanley and Stockdill Michelle Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
5.95%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 15, 2005
Sold by
The Ryland Group Inc
Bought by
Barth Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,400
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 2004
Sold by
Wilmington Land Co
Bought by
The Ryland Group Inc
Source: Public Records

Range of Values:

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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
Paduano Richard $650,000 Gibson Kohl & Wolff Pl
Welter Barbara A -- None Available
Welter George A $100 --
Welter George A $330,000 Watson Title Insurance Inc
Deutsche Bank National Trust Co -- None Available
New Century Credit Corp -- None Available
Ernest M Grochowski Llc -- None Available
Stockdill Stanley $399,900 Msc Title Inc
Barth Monica $301,900 Ryland Title Company
The Ryland Group Inc $1,190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paduano Richard $416,000
Previous Owner Stockdill Stanley $319,200
Previous Owner Barth Monica $241,400
Closed Barth Monica $45,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2022 03/16/22 Sold $650,000 +8.5% $284 / Sq Ft
02/22/2022 02/22/22 Pending -- -- --
02/20/2022 02/20/22 For Sale $599,200 -- $262 / 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 $7,297 $450,714 $51,000 $399,714
2024 $7,297 $525,189 $51,000 $474,189
2023 $7,511 $530,614 $51,000 $479,614
2022 $7,000 $443,513 $50,000 $393,513
2021 $3,184 $232,581 $0 $0
2020 $3,282 $229,370 $0 $0
2019 $3,221 $224,213 $0 $0
2018 $3,180 $220,032 $0 $0
2017 $2,956 $215,506 $0 $0
2016 $2,940 $211,073 $0 $0
2015 $2,960 $209,606 $0 $0
2014 $2,960 $207,942 $0 $0
2013 $2,916 $204,869 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4522496

Stellar MLS

APN: 18789-0760-9