NOT LISTED FOR SALE

7031 Lake Erie Rd Groveland, FL 34736

Estimated Value: $685,000 - $1,646,000

4 Beds
4 Baths
4,839 Sq Ft
$251/Sq Ft Est. Value

Last Sold July 24, 2012

Last sale price $400,000 $83 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $7,486/month

197 Days on Market

Highlights

  • Access To Lake
  • Custom Home
  • 25 Acre Lot
  • Oak Trees
  • View of Trees or Woods
  • Open Floorplan

About This Home

As of July 2012

Active with Contract. Short Sale. This is your chance to purchase 25 acres +/- & practically new home which is about 90% completed,all in the country. Enjoy the acreage & canal access while the major road ways are just a very short ride down the road.View the gorgeous property from the balcony or large covered patio with fireplace, entertain with friends on the canal & deeded lake access or just sit back and take in all the splendor this home has to offer. This home also features such amenities as executive Biltmore cabinets, Egyptian tile, extra-large master suite, granite in all wet areas - including the full size, extra-large, wet bar in the bonus room and wiring for the entertainment package of your dreams. From the 12' ceilings to the 9' custom curved front door, you will notice all the attention to detail. The oversized garage even offers Jack Shaft upgraded door openers. For energy efficiency this home has Low-E argon gas windows and 2 Rennai hot water systems. Fulfill your dream of a large estate home with plenty of room for stables. Just imagine the HUGE pool you can build too. There is plenty of room. The seller has retained an attorney to facilitate the short sale on their behalf.

Last Agent to Sell the Property

David Dorman

CENTURY 21 CARIOTI License #3384610 Listed on: 07/26/2011

CENTURY 21 CARIOTI

Last Buyer's Agent

Linda Brown

MICKEY REALTY License #3178952

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,465

Year Built

  • Built in 2008

Lot Details

  • 25 Acre Lot
  • Property fronts a freshwater canal
  • West Facing Home
  • Oversized Lot
  • Level Lot
  • Oak Trees
  • Additional Parcels

Parking

  • 3 Car Attached Garage
  • Rear-Facing Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Custom Home
  • Contemporary Architecture
  • Florida Architecture
  • Mediterranean Architecture
  • Bi-Level Home
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,839 Sq Ft Home
  • Open Floorplan
  • Tray Ceiling
  • Cathedral Ceiling
  • Thermal Windows
  • French Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Bonus Room
  • Inside Utility
  • Laundry in unit
  • Views of Woods
  • Attic

Kitchen

  • Range
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Terrazzo
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 4 Full Bathrooms

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Access To Lake
  • Access to Freshwater Canal
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Pine Ridge Elementary School
  • Cecil Gray Middle School
  • South Lake High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Well
  • Tankless Water Heater
  • Septic Tank
  • Satellite Dish

Additional Features

  • Pasture
  • Zoned For Horses
  • Mobile Home Model is CUSTOM HOME

Community Details

  • No Home Owners Association
  • Groveland Farms Subdivision

Listing and Financial Details

  • Tax Block 032
  • Assessor Parcel Number 01-22-24-690003200000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,465

Year Built

Built in 2008

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Custom, Florida, Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 4839
  • Lot Size Acres: 25
  • New Construction: No
  • Year Built: 2008
  • Building Area Total: 7230
  • Lot Size Sq Ft: 1089000
  • Directions to Property: 50W, SOUTH ON RT 33 TO LAKE ERIE ROAD, DRIVE WAY ENTERACE ACCROSS FROM BLACK MAIL BOX, LONG PRIVTE DRIVEWAY
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • List Office Head Office Key Nume: 1050861
  • RATIO Current Price By Calculate: 82.66
  • Total Acreage: 20 to less than 50
  • Water Access YN: 1
  • Tax Year: 2011
  • Special Features: 4108

Interior Features

  • Fireplace Features: Family Room, Other
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Tile, Terrazzo
  • Full Bathrooms: 4
  • Interior Amenities: Attic, Cathedral Ceiling(s), High Ceilings, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s), Vaulted Ceiling(s)
  • Appliances Included: Range, Tankless Water Heater
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Other Equipment: Satellite Dish
  • Window Features: Thermal Windows
  • Street Number Modifier: 7031
  • ResoLivingAreaSource: Builder
  • Additional Rooms: Attic,Bonus Room,Formal Dining Room Separate,Formal Living Room Separate,Foyer,Great Room,Inside Utility
  • Room Count: 11

Exterior Features

  • Direction Faces: West
  • Exterior Features: French Doors, Balcony, Lighting, Outdoor Shower
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: No
  • View: Trees/Woods
  • Water Body Name: LAKE ERIE
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water Access: Canal - Freshwater,Lake
  • Water Extras YN: 0
  • Water View YN: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Rear, Garage Faces Side, Guest, Oversized

Utilities

  • Utilities: Electricity Connected, Underground Utilities
  • Cooling: Central Air, Zoned
  • Heating: Electric, Zoned
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Security: Security System Owned, Smoke Detector(s)
  • Association Fee Requirement: None
  • Building Name Number: CUSTOM HOME

Schools

  • Elementary School: Pine Ridge Elem
  • High School: South Lake High
  • Middle Or Junior School: Cecil Gray Middle

Lot Info

  • Zoning: A
  • Parcel Number: 01-22-24-690003200000
  • Additional Parcels: Yes
  • Lot Features: In County, Level, Oversized Lot, Pasture, Zoned for Horses
  • Homestead YN: 0
  • Zoning Compatible YN: 1
  • Future Land Use: 0100

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2012-07-24T00:00:00.000

Tax Info

  • Tax Annual Amount: 6465
  • Tax Block: 032
  • Tax Book Number: 0002/0010
  • Tax Lot: 00000

Multi Family

  • Waterfront Features: Canal - Freshwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2011
Closed on
Jul 20, 2012
Sold by
Allen Randal G and Allen Karen M
Bought by
Donnelly Hugh and Donnelly Diane
Seller's Agent
David Dorman
CENTURY 21 CARIOTI
Buyer's Agent
Linda Brown
MICKEY REALTY
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$1,214,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$814,770
Avg. Annual Appreciation
8.85%
Original Mortgage
$320,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2007
Sold by
Unpoco Llc
Bought by
Allen Randal G and Allen Karen M
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
Donnelly Hugh $400,000 Attorney
Allen Randal G $39,000 A & N Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donnell Hugh $325,735
Closed Donnelly Hugh $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2014 06/16/14 Off Market $400,000 -- --
07/24/2012 07/24/12 Sold $400,000 0.0% $83 / Sq Ft
02/09/2012 02/09/12 Pending -- -- --
07/26/2011 07/26/11 For Sale $400,000 -- $83 / 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 $10,398 $883,411 -- --
2024 $10,398 $883,411 -- --
2023 $10,398 $893,711 $416,090 $477,621
2022 $8,111 $623,151 $162,330 $460,821
2021 $7,097 $486,290 $0 $0
2020 $3,057 $486,290 $0 $0
2019 $6,442 $410,550 $0 $0
2018 $6,324 $410,550 $0 $0
2017 $6,328 $410,876 $0 $0
2016 $6,466 $410,876 $0 $0
2015 $6,601 $404,670 $0 $0
2014 $6,577 $399,029 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: O5055909

Stellar MLS

APN: 01-22-24-6900-032-00000