NOT LISTED FOR SALE

6474 Watercrest Way Unit 403 Lakewood Ranch, FL 34202

Estimated Value: $497,000 - $648,000

3 Beds
2 Baths
1,917 Sq Ft
$797/mo HOA Fee

Last Sold August 19, 2022

Last sale price $641,000 $334 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $4,290/month

90 Days on Market

Highlights

  • Waterfront Community
  • Water Views
  • Fitness Center
  • Robert Willis Elementary School Rated A-
  • Golf Course Community
  • Gated Community

About This Home

As of August 2022

Watercrest is one of the most desirable condos in Lakewood Ranch! This top floor unit has the best views of the community and sunsets! Situated on Lake Uihlein and Legacy Golf Course! The kitchen has 42" wood cabinets, granite countertops with breakfast bar, tile backsplash, side by side GE refrigerator, newer Bosch dishwasher and newer Samsung glass cooktop stove. Each bedroom, living room, and balcony have ceiling fans with lights. The amazing Master Suite has two closets with organizers (one walk-in), a large bathroom with lots of cabinetry, a garden tub and walk-in shower with glass block wall and a door leading to the balcony. Plantation shutters are found throughout, including the sliders from the Great Room to the balcony with custom solar blinds. Newer hot water heater with expansion tank, air conditioning system/heat pump, and garbage disposal. Upgraded LG stacked washer and dryer, built-in cabinets, and a laundry sink! 2-car oversized garage makes this the perfect home or investment property! On-site maintenance, clubhouse with work-out room, heated pool and hot tub. Inquire about optional furniture. You will always be on vacation!!!

Last Agent to Sell the Property

Jesse DeMello

RE/MAX PALM REALTY License #3367508 Listed on: 04/16/2022

RE/MAX PALM REALTY

Last Buyer's Agent

Lisa McBride Ramler

REAL BROKER, LLC License #3377672

REAL BROKER, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,050

Year Built

  • Built in 2006

Lot Details

  • 6.18

HOA Fees

  • $797 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Built-Up Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,917 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • 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

Additional Features

  • Reclaimed Water Irrigation System
  • West Facing Home

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, manager, pool maintenance, private road, recreational facilities, security
  • Jeanne Moschella Association, Phone Number (941) 907-0948
  • Visit Association Website
  • Lakewood Ranch Community
  • Watercrest Ph 4 Subdivision
  • On-Site Maintenance
  • The community has rules related to building or community restrictions, deed restrictions, allowable golf cart usage in the community, vehicle restrictions
  • Rental Restrictions

Amenities

  • Elevator

Recreation

  • Waterfront Community
  • Golf Course Community
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 35 lbs
  • Pet Size Limit
  • 2 Pets Allowed

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,050

Year Built

Built in 2006

Lot Details

0

HOA Fees

$797 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Private Road, Recreational Facilities, Security
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1917
  • New Construction: No
  • Year Built: 2006
  • Directions to Property: University Parkway east to Lakewood Ranch Blvd, turn left and go 1/2mile , Watercrest in on right side.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7458973?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7458973?w=Customer
  • Floor Number: 4
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.98631
  • Price per Sq Ft: 334.38
  • Close to Original List Price Ratio: 0.91702
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Thermostat
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 4
  • Street Number Modifier: 6474
  • Room Count: 3
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony, Lighting, Sliding Doors
  • Roof: Built-Up
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness, Gated Community, Golf Carts OK, Golf, Irrigation-Reclaimed Water, Pool, Sidewalk, Special Community Restrictions, Waterfront
  • Association Amenities: Fitness Center, Gated, Maintenance, Pool, Security, Vehicle Restrictions
  • Association Fee: 797
  • Association Fee Frequency: Monthly
  • Association Name: Jeanne Moschella
  • Phone: 941-907-0948
  • Association: Yes
  • Senior Community: No
  • Condo Fees Term: Monthly
  • Association Website: 1wrtownhall.com
  • Association Email: watercrestcondomanagement@gmail.com
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 9564
  • Monthly HOA Fee: 797
  • Total Monthly Fees: 797

Lot Info

  • Zoning: PDMU
  • Parcel Number: 588626759
  • Additional Parcels: No
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Number Limit, Size Limit, Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 35
  • Minimum Lease: 3 Months
  • Approval Process: Yes $100 application fee- see attached docs
  • Num Timesper Year: 4
  • Pet Restrictions: You can have 2 35lb. dogs or one at 60lbs. See condo docs for specifics.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See attached condo docs for rental restrictions

Tax Info

  • Tax Annual Amount: 4049.62
  • Tax Book Number: 33-17
  • Tax Lot: 403

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2022
Closed on
Aug 19, 2022
Sold by
Hemler Phyllis J and Hemler Robert J
Bought by
Swisher John W and Lavene Cheryl M
Seller's Agent
Jesse DeMello
RE/MAX PALM REALTY
Buyer's Agent
Lisa McBride Ramler
REAL BROKER, LLC
List Price
$699,000
Sold Price
$641,000
Premium/Discount to List
-$58,000
-8.3%
Current Estimated Value
$552,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$88,632
Avg. Annual Appreciation
-4.56%
Original Mortgage
$51,000
Outstanding Balance
$48,676
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$503,692

Purchase Details

Listed on
Oct 15, 2012
Closed on
Mar 1, 2013
Sold by
Wcw Rentals Llc
Bought by
Hemler Phyllis
Seller's Agent
James Hirschman
SARASOTA LAND AND HOMES LLC
Buyer's Agent
Gloria Kaminsky
LIMBO COMPANY SARASOTA ASSOC
List Price
$349,000
Sold Price
$315,000
Premium/Discount to List
-$34,000
-9.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.79%

Purchase Details

Closed on
Jan 4, 2012
Sold by
Hofmann Robert
Bought by
Wcw Rentals Llc

Purchase Details

Closed on
Nov 10, 2011
Sold by
Bounds Davis H and Bounds Terezinha P
Bought by
Hofmann Robert

Purchase Details

Closed on
Feb 6, 2009
Sold by
Resort Contract Sales Llc
Bought by
Bounds David H and Bounds Terezinha P

Purchase Details

Closed on
Mar 15, 2006
Sold by
Watercrest Development Llc
Bought by
Resort Contract Sales Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,500
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Swisher John W $641,000 Berlin Patten Ebling Pllc
Hemler Phyllis $315,000 Attorney
Wcw Rentals Llc -- Attorney
Hofmann Robert $280,000 Attorney
Bounds David H $270,000 University Title Svcs Llc
Resort Contract Sales Llc $532,000 University Title Svcs Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swisher John W $51,000
Previous Owner Resort Contract Sales Llc $425,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2022 08/19/22 Sold $641,000 -1.4% $334 / Sq Ft
07/16/2022 07/16/22 Pending -- -- --
06/09/2022 06/09/22 Price Changed $649,900 -5.7% $339 / Sq Ft
05/10/2022 05/10/22 Price Changed $689,000 -1.4% $359 / Sq Ft
04/16/2022 04/16/22 For Sale $699,000 +121.9% $365 / Sq Ft
03/01/2013 03/01/13 Sold $315,000 -1.5% $181 / Sq Ft View Prior Sale
02/05/2013 02/05/13 Pending -- -- --
01/29/2013 01/29/13 Price Changed $319,900 -2.8% $184 / Sq Ft
12/13/2012 12/13/12 Price Changed $329,000 -5.7% $189 / Sq Ft
10/23/2012 10/23/12 For Sale $349,000 -- $200 / 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 $7,153 $416,500 -- $416,500
2024 $7,153 $512,168 -- --
2023 $7,153 $497,250 $0 $497,250
2022 $4,221 $297,660 $0 $0
2021 $4,050 $288,990 $0 $0
2020 $4,228 $285,000 $0 $285,000
2019 $4,295 $285,000 $0 $285,000
2018 $4,779 $295,000 $0 $0
2017 $5,028 $294,600 $0 $0
2016 $5,196 $294,600 $0 $0
2015 $4,838 $294,600 $0 $0
2014 $4,838 $249,697 $0 $0
2013 $4,085 $206,509 $1 $206,508
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: C7458973

Stellar MLS

APN: 5886-2675-9