NOT LISTED FOR SALE

Estimated Value: $612,000 - $700,000

4 Beds
3.5 Baths
2,980 Sq Ft
$221/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $474,000 $159 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,458/month

46 Days on Market

Highlights

  • Oak Trees
  • Screened Pool
  • Lake View
  • Tara Elementary School Rated A-
  • Gated Community
  • Deck

About This Home

As of December 2020

Enjoy this wonderful 4 bedroom home with pool and lake views and a huge bonus room upstairs. This well maintained family home offers space to entertain your friends, family and guests. As you enter the home you will be greeted with beautiful views of the lake and pool area through the sliding doors off the formal living room. The floor plan offers a split plan with the master suite to your right. The master bathroom has new granite countertops and tiled shower. The spacious kitchen and family room leans well to entertaining and expanding your indoor and outdoor space with 2 sets of sliding doors out to the pool and lanai, highlighting the benefit of an oversized lot and lake views. The garage is spacious providing plenty of room for 3 cars – not to mention the chandelier that hangs proudly in the center! No CDD fees and Low HOA makes this an exceptional value in a gated community. Mandalay is an established neighborhood in a fantastic location with easy access to the UTC Shopping/Dining corridor, SRQ International Airport, great schools including Braden River High School, IMG Academy, Ringling College of Art & Design, University of South Florida, & Manatee Technical College, LECOM, New College and gorgeous Gulf Beaches are a short drive away!

Last Agent to Sell the Property

Jane Ebury

COMPASS FLORIDA LLC License #3221276 Listed on: 09/26/2020

COMPASS FLORIDA LLC

Last Buyer's Agent

Heather Stroh

FINE PROPERTIES License #3421952

FINE PROPERTIES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,153

Year Built

  • Built in 2004

Lot Details

  • 0.3 Acre Lot
  • Property fronts a private road
  • West Facing Home
  • Vinyl Fence
  • Oak Trees
  • Property is zoned PDMU

HOA Fees

  • $123 Monthly HOA Fees

Parking

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

Property Views

  • Lake
  • Woods
  • Garden

Home Design

  • Florida Architecture
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Block Exterior
  • Stone Siding
  • Stucco

Interior Spaces

  • 2,980 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room
  • Den
  • Bonus Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Laminate
  • Porcelain Tile
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Eco-Friendly Details

  • Irrigation System Uses Rainwater From Ponds

Pool

  • Screened Pool
  • In Ground Pool
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Rain Gutters

Schools

  • Tara Elementary School
  • Braden River High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include private road
  • Argus Property Management Association, Phone Number (941) 927-6464
  • Built by Ryland Homes
  • Mandalay Community
  • Mandalay Ph 1 Subdivision
  • The community has rules related to deed restrictions, vehicle restrictions
  • Rental Restrictions

Recreation

  • Community Playground

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,153

Year Built

Built in 2004

Lot Details

0

HOA Fees

$123 per month

Parking

3

Listing Details

  • HOA Fee Includes: Other, Private Road
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block, Stone, Stucco
  • Fireplace: No
  • Living Area: 2980
  • Lot Size Acres: 0.3
  • New Construction: No
  • Year Built: 2004
  • Building Area Total: 3767
  • Lot Size Sq Ft: 12850
  • Directions to Property: Located off Lockwood Ridge Road (east side of road), less than a mile south of SR70. Enter Mandalay Bay and take first left and follow around to address. ALL VISITORS MUST ENTER THE COMMUNITY FROM THE MAIN GATE AT 62ND.AVE. E (GPS will take you to the North Gate which is for residents only).
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4477996?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4477996?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: 1.00233
  • Price per Sq Ft: 159.06
  • Close to Original List Price Ratio: 0.96754
  • Ratio: Current Price\Building Area Total: 125.83
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate, Porcelain Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Solid Wood Cabinets, Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Stories: 2
  • Window Features: Blinds, Storm Window(s)
  • Street Number Modifier: 6133
  • Room Count: 9
  • Additional Rooms: Bonus Room, Den/Library/Office, Great Room, Inside Utility

Exterior Features

  • Direction Faces: West
  • Pool Features: Gunite, In Ground, Screen Enclosure
  • Exterior Features: Irrigation System, Rain Gutters, Sliding Doors
  • Roof: Concrete, Tile
  • Pool Private: Yes
  • Road Frontage Type: Private Road
  • View: Garden, Trees/Woods, Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Enclosed, Patio, Screened
  • Road Surface Type: Asphalt
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

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: BB/HS Internet Available, Cable Available, Electricity Connected, Fire Hydrant, Public, Sewer Connected, Sprinkler Recycled, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • 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, Irrigation-Reclaimed Water, Playground, Sidewalk
  • Association Amenities: Playground, Vehicle Restrictions
  • Association Fee: 368
  • Association Fee Frequency: Quarterly
  • Association Name: Argus Property Management
  • Phone: 941.927.6464
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

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

Lot Info

  • Zoning: PDMU
  • Parcel Number: 1878905209
  • Additional Parcels: No
  • Fencing: Vinyl
  • Lot Features: Sidewalk
  • Property Attached Yn: No
  • Flood Zone Code: X,A
  • Zoning Compatible Y N: Yes

Green Features

  • Green Water Conservation: Irrig. System-Rainwater from Ponds

Building Info

  • Builder Name: Ryland Homes

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 6 Months
  • Num Timesper Year: 2
  • Pet Restrictions: Leash restrictions
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See HOA docs.

Tax Info

  • Tax Annual Amount: 5152.59
  • Tax Block: 3
  • Tax Book Number: 43-162
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2020
Closed on
Nov 3, 2020
Sold by
Dement Ward S and Dement Elizabeth
Bought by
Borello Michael A and Borello Susan
Seller's Agent
Jane Ebury
COMPASS FLORIDA LLC
Buyer's Agent
Heather Stroh
FINE PROPERTIES
List Price
$489,900
Sold Price
$474,000
Premium/Discount to List
-$15,900
-3.25%
Current Estimated Value
$658,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,961
Avg. Annual Appreciation
8.07%

Purchase Details

Closed on
Dec 12, 2016
Sold by
Dement Ward S and Dement Lisa C
Bought by
Dement Ward S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2004
Sold by
The Ryland Group Inc
Bought by
Dement Ward S and Dement Lisa C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.61%
Mortgage Type
Credit Line Revolving
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
Borello Michael A $474,000 Attorney
Dement Ward S -- Attorney
Dement Ward S $359,000 Ryland Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Catfish Capital Managemen T Llc $254,100
Previous Owner Dement Ward S $75,000
Previous Owner Demetn Ward $39,000
Previous Owner Dement Ward S $312,000
Previous Owner Dement Ward S $142,000
Previous Owner Dement Ward S $50,000
Previous Owner Dement Ward S $287,134
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold $474,000 +0.2% $159 / Sq Ft
11/11/2020 11/11/20 Pending -- -- --
10/23/2020 10/23/20 Price Changed $472,900 -1.5% $159 / Sq Ft
10/04/2020 10/04/20 Price Changed $479,900 -2.0% $161 / Sq Ft
09/26/2020 09/26/20 For Sale $489,900 -- $164 / 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 $8,925 $533,309 $51,000 $482,309
2024 $8,925 $621,539 $51,000 $570,539
2023 $9,205 $629,255 $51,000 $578,255
2022 $7,386 $546,107 $50,000 $496,107
2021 $5,838 $367,732 $45,000 $322,732
2020 $5,134 $344,637 $45,000 $299,637
2019 $5,153 $343,398 $45,000 $299,637
2018 $5,099 $336,995 $0 $0
2017 $4,750 $330,064 $0 $0
2016 $5,647 $346,879 $0 $0
2015 $4,782 $323,282 $0 $0
2014 $4,782 $280,160 $0 $0
2013 $3,647 $247,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4477996

Stellar MLS

APN: 18789-0520-9