NOT LISTED FOR SALE

7048 Towne Lake Rd Riverview, FL 33578

Estimated Value: $252,000 - $275,000

3 Beds
2.5 Baths
1,400 Sq Ft
$187/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $281,600 $201 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,019/month

171 Days on Market

Highlights

  • Property is near public transit
  • Garden View
  • Great Room
  • Traditional Architecture
  • High Ceiling
  • Stone Countertops

About This Home

As of January 2023

Price Improvement, Bring an offer! Full transparency, this really is a fabulous townhome. Unfortunately for our seller, we hit the market just as interest rates increased (back in March) and seemingly all buyers put the brakes on purchasing. Flash forward to a great contract and the buyer did not meet financing just 10 days before closing! More time on the market after being pending for over 3 weeks. A second buyer was curated but unfortunately
was not able to move forward. And here we are. All of our feedback from showings is positive other than those folks who do not like the vehicles parking on the street. Otherwise, it is fantastic, so please do not be fooled by the days on market. Come check it out for yourself.
Welcome home to this immaculate 3 bedroom 2.5 bathroom 2-story Townhome with screened lanai and one-car garage in Riverview. As you enter the home, you can see straight through to the lanai, which also allows for great air flow and natural light. Extra storage space under the stairs is located adjacent to the downstairs half bath. The kitchen boasts an oversized granite island with storage beneath. At the top of the stairs you will find the laundry conveniently located next to the main bedroom. The primary bedroom is ample with en-suite containing double sink vanity and walk in shower. The secondary bedroom is located at the end of the hallway and separated from the main bedroom by a second full bath with soaking tub and vanity with storage. The community pool is right around the corner providing convenience for a quick cool down on hot summer days. Everything you need and nothing you don't. Quick access to shopping, restaurants, the interstate, and beaches. Schedule your private tour today. (previous buyer financing fell through, inspection completed satisfactorily)

Last Agent to Sell the Property

Chad Grannan

REALTY HUB License #3026734 Listed on: 06/23/2022

REALTY HUB

Co-Listed By

Angela Grannan

THE GRANNAN GROUP License #3392542

Last Buyer's Agent

Jay D'Abramo

FLORIDA EXECUTIVE REALTY License #3503698

FLORIDA EXECUTIVE REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,262

Year Built

  • Built in 2016

Lot Details

  • 1,940 Sq Ft Lot
  • Southeast Facing Home
  • Cleared Lot
  • Landscaped with Trees

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Tandem Parking
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • Open Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Property is near public transit

Schools

  • Ippolito Elementary School
  • Giunta Middle School
  • Spoto High School

Utilities

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

Listing and Financial Details

  • Down Payment Assistance Available
  • Homestead Exemption
  • Visit Down Payment Resource Website
  • Legal Lot and Block 7 / 45
  • Assessor Parcel Number U-13-30-19-9BT-000045-00007.0
  • $827 per year additional tax assessments

Community Details

Overview

  • Association fees include cable TV, community pool, ground maintenance, manager, pool maintenance, water
  • Castle Group Association, Phone Number (813) 434-4586
  • Visit Association Website
  • Oak Creek Prcl 3 Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • 2 Pets Allowed
  • Extra large pets allowed

Additional Features

  • Community Mailbox
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,262

Year Built

Built in 2016

Lot Details

1,940 Sq Ft Lot

HOA Fees

$300 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Maintenance Grounds, Manager, Pool Maintenance, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Townhouse
  • Architectural Style: Traditional
  • Construction Materials: Block, Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 1400
  • Lot Size Acres: 0.04
  • New Construction: No
  • Year Built: 2016
  • Lot Size Sq Ft: 1940
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8167457?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8167457?w=Customer
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.98981
  • Price per Sq Ft: 201.14
  • Close to Original List Price Ratio: 0.88
  • View: Yes
  • Co List Office Mls Id: 260033602
  • Co List Office Phone: 727-209-7487
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Master Bedroom Upstairs, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Stories: 2
  • Window Features: Blinds
  • Room Count: 3
  • Additional Rooms: Great Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: Lighting, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Garden
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo Disclosure, Other, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, On Street, Tandem
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Public, Sewer Available, Water Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Closet, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Community Mailbox, Deed Restrictions, Pool
  • Association Amenities: Maintenance, Pool
  • Association Fee: 300
  • Association Fee Frequency: Monthly
  • Association Name: Castle Group
  • Phone: 813-434-4586
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Website: www.castlegroup.com
  • Association Email: bromine@castlegroup.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 3600
  • Monthly HOA Fee: 300
  • Total Monthly Fees: 300

Schools

  • Elementary School: Ippolito-HB
  • High School: Spoto High-HB
  • Middle Or Junior School: Giunta Middle-HB

Lot Info

  • Zoning: PD
  • Parcel Number: U-13-30-19-9BT-000045-00007.0
  • Additional Parcels: No
  • Lot Features: Cleared, Level, Near Public Transit, Sidewalk
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Minimum Lease: 8-12 Months
  • Approval Process: Application to be submitted by buyer
  • Num Timesper Year: 1
  • Pet Restrictions: Buyer's Agent and Buyers are encouraged to check with all Local, State, and Federal Agencies regarding any and all Pet restrictions.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Buyer's Agent and Buyers are encouraged to check with all Local, State, and Federal Agencies regarding any and all Lease restrictions.

Tax Info

  • Tax Annual Amount: 3262
  • Tax Block: 45
  • Tax Book Number: 113-112
  • Tax Lot: 7
  • Tax Other Annual Assessment Amount: 827

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Jan 13, 2023
Sold by
Welling Mary Ann
Bought by
Albrecht David M and Albrecht Chloe J
Seller's Agent
Chad Grannan
REALTY HUB
Buyer's Agent
Jay D'Abramo
FLORIDA EXECUTIVE REALTY
List Price
$300,000
Sold Price
$281,600
Premium/Discount to List
-$18,400
-6.13%
Views
61
Current Estimated Value
$255,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,002
Avg. Annual Appreciation
-2.31%
Original Mortgage
$267,520
Outstanding Balance
$257,640
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$4,342

Purchase Details

Listed on
Feb 23, 2018
Closed on
Apr 5, 2018
Sold by
Armstrong Sherina N
Bought by
Welling Mary Ann
Seller's Agent
Glenda Dexter
DEXTER REALTY GROUP
Buyer's Agent
Liane Jamason
CORCORAN DWELLINGS
List Price
$165,999
Sold Price
$166,000
Premium/Discount to List
$1
0.0%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.69%
Original Mortgage
$138,350
Interest Rate
4.43%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 22, 2016
Sold by
Taylor Morrison Of Florida Inc
Bought by
Armstrong Sherina N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,551
Interest Rate
3.37%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Albrecht David M $281,600 Luxe Title Services
Welling Mary Ann $166,000 Affinity Title Services Of F
Armstrong Sherina N $144,200 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albrecht David M $267,520
Previous Owner Welling Mary Ann $138,350
Previous Owner Armstrong Sherina N $141,551
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/13/2023 01/13/23 Sold $281,600 -1.0% $201 / Sq Ft
12/12/2022 12/12/22 Pending -- -- --
12/09/2022 12/09/22 Price Changed $284,500 -1.6% $203 / Sq Ft
12/07/2022 12/07/22 Price Changed $289,000 -0.3% $206 / Sq Ft
12/05/2022 12/05/22 Price Changed $290,000 -0.8% $207 / Sq Ft
11/23/2022 11/23/22 Price Changed $292,400 -0.2% $209 / Sq Ft
11/01/2022 11/01/22 Price Changed $292,900 -2.4% $209 / Sq Ft
09/19/2022 09/19/22 For Sale $300,000 0.0% $214 / Sq Ft
08/27/2022 08/27/22 Pending -- -- --
08/17/2022 08/17/22 Price Changed $300,000 -3.1% $214 / Sq Ft
08/05/2022 08/05/22 Price Changed $309,750 -0.1% $221 / Sq Ft
07/22/2022 07/22/22 Price Changed $310,000 -3.1% $221 / Sq Ft
06/23/2022 06/23/22 For Sale $320,000 +92.8% $229 / Sq Ft
04/05/2018 04/05/18 Sold $166,000 0.0% $119 / Sq Ft View Prior Sale
03/01/2018 03/01/18 Pending -- -- --
02/23/2018 02/23/18 For Sale $165,999 -- $119 / 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 $4,845 $225,988 $22,404 $203,584
2024 $4,845 $232,796 $23,077 $209,719
2023 $3,475 $155,777 $0 $0
2022 $3,324 $151,240 $0 $0
2021 $3,262 $146,835 $0 $0
2020 $3,190 $144,808 $14,317 $130,491
2019 $3,831 $142,978 $14,129 $128,849
2018 $1,960 $93,626 $0 $0
2017 $1,935 $118,140 $0 $0
2016 $1,318 $10,000 $0 $0
2015 $926 $9,193 $0 $0
2014 $917 $8,357 $0 $0
2013 -- $7,597 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8167457

Stellar MLS

APN: U-13-30-19-9BT-000045-00007.0

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