NOT LISTED FOR SALE

Estimated Value: $589,092 - $684,000

5 Beds
4 Baths
2,652 Sq Ft
$234/Sq Ft Est. Value

Last Sold March 29, 2013

Last sale price $266,800 $101 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $4,121/month

71 Days on Market

Highlights

  • Golf Course Community
  • Custom Home
  • Property is near public transit
  • Tara Elementary School Rated A-
  • View of Trees or Woods
  • Cathedral Ceiling

About This Home

As of March 2013

Spacious 5 bedroom / 4 bath home and 3 car garage located in Mandalay a gated community! Lake view from the front and private, wooded view off the back with plenty of room for a pool. This home features plantation shutters, barrel tile roof, granite counters, center island, and new appliances. Master bedroom is located downstairs. Spacious bedroom / loft upstairs has a full bath and walk in closets. Opportunity!! Located in a wonderful neighborhood and easy access to I 75, Sarasota/Bradenton International Airport, dining, schools and shopping. Move right in! This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Mortgage Financing. This property is approved for HomePath Renovation Mortgage Financing.

Last Agent to Sell the Property

Jo Ellyn Yturraspe

COLDWELL BANKER REALTY License #3022129 Listed on: 12/18/2012

COLDWELL BANKER REALTY

Last Buyer's Agent

Jonas Forslund

COLDWELL BANKER REALTY License #3219708

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,718

Year Built

  • Built in 2005

Lot Details

  • 0.25 Acre Lot
  • Property fronts a private road
  • North Facing Home
  • Oversized Lot
  • Property is zoned PDMU

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

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

Interior Spaces

  • 2,652 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Great Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Inside Utility
  • Laundry in unit
  • Views of Woods
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Tara Elementary School
  • Sara Scott Harllee Middle School
  • Braden River High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Mandalay Community
  • Mandalay Ph 1 Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Golf Course Community
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,718

Year Built

Built in 2005

Lot Details

0

HOA Fees

$125 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2652
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 3551
  • Lot Size Sq Ft: 11053
  • Directions to Property: Lockwood Ridge, N of University or South of SR 70 on Lockwood Ridge, South on turn E into Mandalay. Gated community. Call Center will provide gate code.
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3970406&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3970406&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Subdivision Num: 1878900
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.97018
  • Price per Sq Ft: 100.6
  • Close to Original List Price Ratio: 0.83401
  • Ratio: Current Price\Building Area Total: 75.13
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2012
  • Special Features: 4116

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 4
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Master Bedroom Main Floor, Other, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Microwave, Microwave Hood, Other, Range
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Window Features: Blinds
  • Street Number Modifier: 6160
  • Room Count: 10
  • Additional Rooms: Formal Dining Room Separate, Formal Living Room Separate, Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Roof: Tile
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Trees/Woods
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Off Street
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Other, Public, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Golf, Playground
  • Association Amenities: Playground
  • Association Fee: 1500
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Smoke Detector(s)
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1500
  • Total Monthly Fees: 125

Schools

  • Elementary School: Tara Elementary
  • High School: Braden River High
  • Middle Or Junior School: Sara Scott Harllee Middle

Lot Info

  • Zoning: PDMU
  • Parcel Number: 1878902509
  • Additional Parcels: No
  • Lot Features: In County, Near Public Transit, Oversized Lot, Sidewalk
  • Millage Rate: 16.23
  • Future Land Use: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Expected Lease Date: 2013-03-29T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 3718
  • Tax Block: 1
  • Tax Book Number: 0043/0162
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2012
Closed on
Mar 29, 2013
Sold by
Federal National Mortgage Association
Bought by
Pham Nghi
Seller's Agent
Jo Ellyn Yturraspe
COLDWELL BANKER REALTY
Buyer's Agent
Jonas Forslund
COLDWELL BANKER REALTY
List Price
$319,900
Sold Price
$266,800
Premium/Discount to List
-$53,100
-16.6%
Current Estimated Value
$621,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,723
Avg. Annual Appreciation
6.97%
Original Mortgage
$261,967
Outstanding Balance
$183,059
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$438,464

Purchase Details

Closed on
Jan 25, 2013
Sold by
Chiongbian Nathaniel S and Chiongbian Amber L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 14, 2007
Sold by
Armstrong Bruce and Armstrong Sarah
Bought by
Chiongbian Nathaniel S and Chiongbian Amber L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2005
Sold by
Eastoe Michael and Eastoe Pauline
Bought by
Armstrong Bruce and Armstrong Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 27, 2005
Sold by
The Ryland Group Inc
Bought by
Eastoe Michael G and Eastoe Pauline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Pham Nghi $266,800 Attorney
Federal National Mortgage Association -- None Available
Chiongbian Nathaniel S $375,000 Gulf Breeze Title Of Sarasot
Armstrong Bruce $500,000 First American Title Ins Co
Eastoe Michael G $356,400 Riddelltitle & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pham Nghi $261,967
Previous Owner Chiongbian Nathaniel S $300,000
Previous Owner Armstrong Bruce $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2013 03/29/13 Sold $266,800 -3.0% $101 / Sq Ft
02/28/2013 02/28/13 Pending -- -- --
02/19/2013 02/19/13 Price Changed $275,000 -5.1% $104 / Sq Ft
01/14/2013 01/14/13 Price Changed $289,900 -9.4% $109 / Sq Ft
12/18/2012 12/18/12 For Sale $319,900 -- $121 / 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 $8,401 $532,681 -- --
2024 $8,401 $623,887 $51,000 $572,887
2023 $8,216 $630,251 $51,000 $579,251
2022 $7,392 $549,118 $50,000 $499,118
2021 $5,800 $363,828 $45,000 $318,828
2020 $5,669 $338,567 $45,000 $293,567
2019 $6,142 $365,790 $45,000 $320,790
2018 $5,959 $350,762 $40,000 $310,762
2017 $5,354 $335,661 $0 $0
2016 $4,882 $294,555 $0 $0
2015 $4,352 $277,310 $0 $0
2014 $4,352 $254,281 $0 $0
2013 $3,969 $230,341 $48,350 $181,991
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3970406

Stellar MLS

APN: 18789-0250-9