NOT LISTED FOR SALE

7005 River Hammock Dr Unit 404 Bradenton, FL 34212

River Strand Neighborhood

Estimated Value: $243,000 - $265,000

2 Beds
2 Baths
1,121 Sq Ft
0.84 Acres Lot

Sale Details

Date Sold: November 1, 2021

Last sale price $275,000 $245 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,207 / mo

7 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • 0.84 Acre Lot
  • Freedom Elementary School Rated A-
  • River View
  • Open Floorplan

About This Home

As of November 2021

INVESTORS Alert. Fantastic opportunity to purchase a 2 bedrooms/ 2 bathrooms, turnkey furnished, with tenant in place on the 4th floor of this River Strand Golf and Country Club building overlooking the golf course, lake and Manatee River. Professional decorated with nice colors and settings. Master bedroom with King size bed, TV, beautiful views of the greenery, lake and Manatee River; walking closets; master bathroom with walk-in shower; located on the back of the unit for added privacy,. 2nd bedroom next to front door entrance with Queen bed and 2nd bathroom close with shower/tub combination and laundry room with washer and dryer. Kitchen with dinette, granite countertops, pantry, stainless steel appliances. This unit have an open plan, which not only buyers but tenants love. Lanai is screen with outstanding views. Unit also comes with a designated storage located on the 4th floor, almost in front of the unit and a designated carport, with plenty of guest spaces. Sold turnkey furnished. Excellent tenant with a lease until January 31, 2022 and may want to renew if new owner is OK.
Top floor on the River Hammock buildings. This unit comes with golf transfer. River Strand is a gated community located on SR 64 east of I-75. The community is fantastic for walks/ runs/bicycle rides with beautiful settings of the manicure landscape, golf course & lakes. Membership transfer includes 27 holes Arthur Hills Championship golf course (cart fees are the only thing you pay), resort style pools thru the community, 8 hard thru lighted tennis courts, state of the art fitness center, two 5 start restaurants, bars and more. Investors, this unit will delight your guest as layout is a favorite with renters. HOA includes the maintenance of grounds, water, sewer, garbage, basic cable TV service and wireless Internet service. Convenient located close to Lakewood Ranch, University Parkway, Tampa, beaches, restaurants and so much more. Plenty of people looking to rent at River Strand so, for investors, this is a great investment.

Last Agent to Sell the Property

Olga Glenn

LATITUDES THE REAL ESTATE BOUTIQUE LLC License #3207573 Listed on: 09/15/2021

Last Buyer's Agent

Janet Hopkins

FLORIDA RESORTS REALTY License #0381884

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,677

Year Built

  • Built in 2014

Lot Details

  • South Facing Home
  • Mature Landscaping
  • Land Lease expires 1/31/22

HOA Fees

  • $395 Monthly HOA Fees

Property Views

  • River
  • Lake
  • Golf Course
  • Park or Greenbelt

Home Design

  • Elevated Home
  • Turnkey
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,121 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Family Room Off Kitchen
  • L-Shaped Dining Room
  • Inside Utility
  • Security Gate

Kitchen

  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Guest Parking
  • Assigned Parking

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Storage
  • Rain Gutters

Schools

  • Freedom Elementary School
  • Carlos E. Haile Middle School
  • Braden River High School

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, cable TV, common area taxes, community pool, escrow reserves fund, maintenance structure, ground maintenance, manager, pool maintenance, recreational facilities, security, sewer, trash, water
  • $240 Other Monthly Fees
  • Tropical Isles / Lisa Tombaugh Association, Phone Number (941) 487-7927
  • River Strand Community
  • Terrace II At River Strand Ph II Subdivision
  • The community has rules related to allowable golf cart usage in the community
  • Rental Restrictions
  • Near Conservation Area

Amenities

  • Elevator

Recreation

  • Golf Course Community
  • Tennis Courts

Pet Policy

  • Pets Allowed
  • Pets up to 35 lbs

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,677

Year Built

Built in 2014

Lot Details

0.84 Acres

HOA Fees

$395 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1121
  • Lot Size Acres: 0.84
  • New Construction: No
  • Year Built: 2014
  • Building Area Total: 1233
  • Lot Size Sq Ft: 36454
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4512364?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4512364?w=Customer
  • Floor Number: 4
  • Homestead Y N: No
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Other Fees Amount: 720
  • Property Description: Elevated
  • Ratio: Close Price\List Price: 0.98566
  • Price per Sq Ft: 245.32
  • Close to Original List Price Ratio: 0.98566
  • Ratio: Current Price\Building Area Total: 223.03
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, L Dining, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Room Count: 6
  • Additional Rooms: Inside Utility

Exterior Features

  • Direction Faces: South
  • Other Structures: Storage
  • Exterior Features: Irrigation System, Rain Gutters, Sidewalk, Storage
  • Roof: Tile
  • Pool Private: No
  • View: Golf Course, Greenbelt, Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View: Lake, River
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: None

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Guest
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Sprinkler Recycled, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Golf Carts OK, Golf, Irrigation-Reclaimed Water, Sidewalk, Tennis Courts
  • Association Fee: 1186
  • Association Fee Frequency: Quarterly
  • Association Name: Tropical Isles / Lisa Tombaugh
  • Phone: (941) 487-7927
  • Association: Yes
  • Security: Fire Alarm, Security Gate, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 84
  • Condo Fees Term: Quarterly
  • Other Fees Term: Quarterly
  • Association Email: LTomnaugh@tropicalisles.net
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 28
  • Association Fee Requirement: Required
  • Montly Maint Amt Addition To H O A: 63
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 8716
  • Monthly HOA Fee: 395.33
  • Total Monthly Fees: 726.33

Schools

  • Elementary School: Freedom Elementary
  • High School: Braden River High
  • Middle Or Junior School: Carlos E. Haile Middle

Lot Info

  • Zoning: PDMU
  • Parcel Number: 1101843909
  • Additional Parcels: No
  • Lot Features: Conservation Area
  • Flood Zone Code: AE
  • Land Lease Expiration Date: 2022-01-31

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Yes
  • Max Pet Weight: 35
  • Minimum Lease: 1 Month
  • Num Timesper Year: 12
  • Pet Restrictions: Contact River Strand Administration at (941) 708-3837 for pet restrictions
  • Lease Restrictions Y N: Yes
  • Currency Monthly Rent Amt: 1800
  • Month To Month Or Weekly Y N: No
  • Additional Lease Restrictions: Contact River Strand Administration at (941) 708-3837 for lease restrictions and read rules and regulations attachment

Tax Info

  • Tax Annual Amount: 3676.63
  • Tax Lot: 0
  • Tax Other Annual Assessment Amount: 1020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2021
Closed on
Oct 29, 2021
Sold by
Myrick Glenn and Browne Jennifer M
Bought by
Cook Matthew
Seller's Agent
Olga Glenn
LATITUDES THE REAL ESTATE BOUTIQUE LLC
Buyer's Agent
Janet Hopkins
FLORIDA RESORTS REALTY
List Price
$279,000
Sold Price
$275,000
Premium/Discount to List
-$4,000
-1.43%
Current Estimated Value
$256,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,920
Avg. Annual Appreciation
-1.55%
Original Mortgage
$206,250
Outstanding Balance
$187,672
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$68,408

Purchase Details

Closed on
Oct 23, 2014
Sold by
Lennar Homes Llc
Bought by
Myrick Glenn and Browne Jennifer M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Cook Matthew $275,000 Attorney
Myrick Glenn $139,000 North American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Cook Matthew $206,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2021 11/01/21 Sold $275,000 -1.4% $245 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $279,000 -- $249 / Sq Ft
Source: Stellar MLS

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 $5,107 $259,250 -- $259,250
2024 $5,107 $297,500 -- $297,500
2023 $4,981 $293,250 $0 $293,250
2022 $4,350 $220,500 $0 $220,500
2021 $3,407 $160,000 $0 $160,000
2020 $3,677 $167,000 $0 $167,000
2019 $3,649 $165,000 $0 $165,000
2018 $3,510 $158,000 $0 $0
2017 $3,401 $133,750 $0 $0
2016 $3,312 $125,000 $0 $0
2015 -- $125,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4512364

Stellar MLS

APN: 11018-4390-9

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