NOT LISTED FOR SALE

7118 Orchid Island Place Bradenton, FL 34202

Estimated Value: $649,000 - $762,000

3 Beds
2 Baths
2,253 Sq Ft
$306/Sq Ft Est. Value

Last Sold February 23, 2022

Last sale price $689,000 $306 Per Sq Ft

Current estimated payment $4,682/month

Highlights

  • Lake View
  • Attic
  • Den
  • Robert Willis Elementary School Rated A-
  • Great Room
  • Formal Dining Room

About This Home

As of February 2022

Don't miss the spectacular lifestyle offered by this immaculate home with golf course views in the gated community of Lakewood Ranch Country Club. Located in a MAINTENANCE-FREE neighborhood, designer details are visible throughout the home and include an open plan with formal dining, DEN with custom built-in cabinetry, planation shutters, custom window treatments as well as neutral tile and luxury vinyl plank flooring throughout the home. The luxurious master retreat features a tray ceiling with walk-in closet and the master bathroom offers dual sinks, garden tub and walk-in shower. The kitchen boasts newer appliances (2019), wood cabinetry, granite counter tops, breakfast bar & separate dinette area. Enjoy the private setting from your living area with sliding doors that open to the lanai allowing plenty of natural light to flood the home. Recent updates and upgrades include: NEW ROOF (2020), vinyl plank floors (2018), and hurricane shutters. The Orchid Island neighborhood is located within the heart of Lakewood Ranch...great restaurants, private & public golf courses, athletic center with tennis, fitness and aquatics, hospital, medical center and shopping, including the fabulous LWR Main Street and just minutes away from the new Mall at University Town Center. The quarterly fee includes lawn maintenance and a neighborhood pool only for Orchid Island residents and their guests.

Last Agent to Sell the Property

Holly Pascarella

COLDWELL BANKER REALTY License #3218950 Listed on: 11/17/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

Kimberly Young

BERKSHIRE HATHAWAY HOMESERVICE License #0615482

BERKSHIRE HATHAWAY HOMESERVICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,011

Year Built

  • 2005

Lot Details

  • 0.25 Acre Lot

HOA Fees

  • $230 Monthly HOA Fees

Parking

  • 2

Property Views

  • Lake
  • Pond

Interior Spaces

  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Inside Utility
  • Attic

Community Details

  • Lakewood Ranch Community
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,011

Year Built

2005

Lot Details

0

HOA Fees

$230 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Carport Y N: No
  • Directions: From University Pkwy, turn onto Legacy Blvd and drive past the Clubhouse... Turn Right onto Arnold Palmer, then turn left into Orchid Island. House is on the right.
  • Garage Yn: Yes
  • New Construction: No
  • Ownership: Fee Simple
  • Road Surface Type: Paved
  • Subdivision Name: LAKEWOOD RANCH CC
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4518214?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4518214?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
  • Other Fees Amount: 658
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 305.81
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 236.28
  • Special Features: None
  • Year Built: 2005

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Other, Range, Refrigerator, Washer
  • Fireplace Features: Gas, Living Room
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Tile, Vinyl
  • Interior Amenities: Built in Features, Ceiling Fans(s), Central Vaccum, Crown Molding, Eating Space In Kitchen, High Ceiling(s), Master Bedroom Main Floor, Open Floorplan, Split Bedroom, Tray Ceiling(s), Walk-In Closet(s)
  • Window Features: Window Treatments, Storm Window(s)
  • Room Count: 8
  • Additional Rooms: Attic, Den/Library/Office, Family Room, Formal Dining Room Separate, Great Room, Inside Utility

Exterior Features

  • Roof: Tile
  • Exterior Features: Hurricane Shutters, Irrigation System, Sidewalk, Sliding Doors
  • Foundation Details: Slab
  • View: Golf Course
  • Construction Type: Block, Stucco
  • Direction Faces: North
  • Disclosures: HOA/PUD/Condo Disclosure, Other, Seller Property Disclosure
  • Lot Features: In County, On Golf Course, Sidewalk
  • Patio And Porch Features: Covered, Deck, Patio, Porch, Screened
  • Pool Private: No
  • Waterfront: No
  • Water View: Lake, Pond
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Parking Features: Garage Door Opener
  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Laundry Features: Inside, Laundry Room
  • Security: Gated Community, Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Underground Utilities, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Fence Restrictions, Gated, Maintenance, Optional Additional Fees, Pool, Spa/Hot Tub, Vehicle Restrictions
  • Association Fee: 129
  • Association Fee Frequency: Annually
  • Association Name: see HOA disclosure
  • Association: Yes
  • Community Features: Deed Restrictions, Fitness, Gated Community, Golf Carts OK, Golf, Irrigation-Reclaimed Water, Pool, Sidewalk, Tennis Courts
  • Pets Allowed: Yes
  • Senior Community: No
  • Other Fees Term: Quarterly
  • Amenities Additional Fees: see attachments
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Association Fee Includes: Escrow Reserves Fund, Maintenance Grounds
  • Total Annual Fees: 2761
  • Monthly HOA Fee: 10.75
  • Total Monthly Fees: 230.08

Schools

  • Middle Or Junior School: Nolan Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 6917
  • Zoning: PDMU
  • Flood Zone Code: x

Green Features

  • Green Water Conservation: Irrigation-Reclaimed Water

Rental Info

  • Minimum Lease: 1-2 Years
  • Approval Process: see HOA regulations
  • Pet Restrictions: see HOA regulations
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: see HOA regulations

Tax Info

  • Tax Annual Amount: 7060
  • Tax Book Number: 39-1
  • Tax Lot: 5
  • Tax Other Annual Assessment Amount: 2711
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2015
Sold by
Marcelli Peter J and Marcelli Judith A
Bought by
Robinson Kenneth J and Robinson Sherry L
Current Estimated Value
$689,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Outstanding Balance
$127,195
Interest Rate
4.11%
Mortgage Type
New Conventional
Estimated Equity
$562,684
Source: Public Records

Range of Values:

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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
Robinson Kenneth J $400,000 Msc Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Kenneth J $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2022 02/23/22 Sold $689,000 0.0% $306 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
11/17/2021 11/17/21 For Sale $689,000 -- $306 / 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 $10,011 $546,384 -- --
2024 $10,011 $530,985 -- --
2023 $10,011 $515,519 $0 $0
2022 $7,141 $321,076 $0 $0
2021 $6,777 $311,724 $0 $0
2020 $7,019 $307,420 $0 $0
2019 $6,875 $300,508 $0 $0
2018 $6,661 $294,905 $0 $0
2017 $6,230 $288,839 $0 $0
2016 $6,136 $282,898 $0 $0
2015 $6,555 $299,559 $0 $0
2014 $6,555 $297,182 $0 $0
2013 $6,436 $292,790 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4518214

Stellar MLS

APN: 5884-9225-9