NOT LISTED FOR SALE

7120 Summerland Cove Lakewood Ranch, FL 34202

Estimated Value: $850,000 - $934,000

3 Beds
3 Baths
2,483 Sq Ft
$355/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $557,495 $225 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,814/month

68 Days on Market

Highlights

  • Fitness Center
  • Senior Community
  • Deck
  • Under Construction
  • Gated Community
  • Florida Architecture

About This Home

As of August 2020

This Stellar home with water view features desirable design selections including stainless gas appliances, quartz counters, oversized walk-in closet in owner’s suite & much more! ***Pictures are for illustration purposes only, options may vary.

Last Agent to Sell the Property

Rod White

BUILDERS SERVICES, INC. License #672123 Listed on: 04/22/2020

Last Buyer's Agent

Julie Woodard

JULIA INT'L REAL ESTATE LLC License #3260270

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,720

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 9,624 Sq Ft Lot
  • East Facing Home
  • Landscaped with Trees

HOA Fees

  • $312 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Tandem Parking
  • Garage Door Opener
  • Open Parking
  • Off-Street Parking
  • Golf Cart Garage

Home Design

  • Florida Architecture
  • Planned Development
  • Slab Foundation
  • Steel Frame
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,483 Sq Ft Home
  • Sliding Doors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector
  • In Wall Pest System

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Visit Down Payment Resource Website
  • Legal Lot and Block 906 / 1
  • Assessor Parcel Number 586153059
  • $1,640 per year additional tax assessments

Community Details

Overview

  • Senior Community
  • Association fees include community pool, escrow reserves fund, ground maintenance, manager, private road, recreational facilities
  • Castle Group Association, Phone Number (941) 739-0411
  • Built by Pulte
  • Del Webb Lakewood Ranch Subdivision, Stellar Floorplan
  • Lakewood Ranch Community
  • The community has rules related to deed restrictions, fencing
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,720

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$312 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Maintenance Grounds, Manager, Private Road, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block, Metal Frame, Stucco
  • Fireplace: No
  • Living Area: 2483
  • Lot Size Acres: 0.22
  • New Construction: Yes
  • Year Built: 2020
  • Building Area Total: 2483
  • Lot Size Sq Ft: 9624
  • Directions to Property: 1-75 to exit 217 SR70. Head East 6 miles to Del Webb entrance on Right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3238411?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3238411?w=Customer
  • FCHR URL: Yes
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: Yes
  • Call Center Phone Number: 941-758-2820
  • Projected Completion Date: 2020-05-08T04:00:00.000Z
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.98673
  • Price per Sq Ft: 224.52
  • Close to Original List Price Ratio: 0.99199
  • Ratio: Current Price\Building Area Total: 224.52
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Tax Year: 2019
  • Special Features: NewHome

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Interior Amenities: In Wall Pest System, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 7120
  • Room Count: 3
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: East
  • Exterior Features: Hurricane Shutters, Irrigation System, Rain Gutters, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Enclosed, Patio, Porch, Screened
  • 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
  • Parking Features: Garage Door Opener, Golf Cart Garage, Golf Cart Parking, Off Street, Tandem
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Sprinkler Recycled, Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Public Remarks Required: Under Construction.
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness, Gated Community, Irrigation-Reclaimed Water, Pool, Tennis Courts
  • Association Amenities: Fence Restrictions, Fitness Center, Gated, Recreation Facilities, Tennis Court(s)
  • Association Fee: 312
  • Association Fee Frequency: Monthly
  • Association Name: Castle Group
  • Phone: 941-739-0411
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: Yes
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 3744
  • Monthly HOA Fee: 312
  • Total Monthly Fees: 312

Lot Info

  • Zoning: RES
  • Parcel Number: 586153059
  • Additional Parcels: No
  • Flood Zone Code: 0
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Pulte

Rental Info

  • Pets Allowed: Breed Restrictions, Yes
  • Minimum Lease: 3 Months
  • Num Timesper Year: 2
  • Pet Restrictions: No weight limit. No aggressive breeds.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Min: 90 days

Tax Info

  • Tax Block: 1
  • Tax Lot: 906
  • Tax Other Annual Assessment Amount: 1640

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2020
Closed on
Aug 11, 2020
Sold by
Pulte Home Company Llc
Bought by
Garcia Brooks Gloria Mary and Brooks Gary Allen
Seller's Agent
Rod White
BUILDERS SERVICES, INC.
Buyer's Agent
Julie Woodard
JULIA INT'L REAL ESTATE LLC
List Price
$561,995
Sold Price
$557,495
Premium/Discount to List
-$4,500
-0.8%
Current Estimated Value
$880,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,184
Avg. Annual Appreciation
9.67%
Original Mortgage
$162,495
Outstanding Balance
$130,498
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$761,177
Source: Public Records

Range of Values:

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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
Garcia Brooks Gloria Mary $557,500 Pgp Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Brooks Gloria Mary $162,495
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $557,495 -1.3% $225 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
06/16/2020 06/16/20 Price Changed $564,995 +0.5% $228 / Sq Ft
04/22/2020 04/22/20 For Sale $561,995 -- $226 / 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 $9,720 $612,069 -- --
2024 $9,720 $594,819 -- --
2023 $9,720 $577,494 $0 $0
2022 $8,831 $560,674 $110,000 $450,674
2021 $8,478 $461,402 $110,000 $351,402
2020 $2,074 $12,946 $12,946 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3238411

Stellar MLS

APN: 5861-5305-9