NOT LISTED FOR SALE

7125 Melrose Place Unit 7125 Bradenton, FL 34203

Braden River Neighborhood

Estimated Value: $347,646 - $450,000

3 Beds
2 Baths
1,745 Sq Ft
$469/mo HOA Fee

Last Sold February 26, 2020

Last sale price $242,000 $139 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,853/month

6 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Cathedral Ceiling
  • Tara Elementary School Rated A-
  • Open Floorplan
  • Corner Lot

About This Home

As of February 2020

Spectacular updated 3 Bedroom 2 Bath Maintainance free Villa in Melrose Gardens. Light and Bright,soaring ceilings and plantation shutters. Stunning recent updates include porcalin tile floors,carpet, kitchen remodel with top of the line stainless steel appliances, Granite counters and glass backsplash. Kitchen features a breakfast bar open to the Great room. A bonus Florida room with a view of Tara's 13 hole. Large Master bedroom retreat and oasis bathroom with separate garden tub and shower and dual sinks. 2 other good sized bedrooms a full bath and indoor laundry. Oversized 2 car garage with 21 cabinets for all your storage needs. AC 2016, Garage door opener 2020. This perfectly maintained Villa and Country club living with a Class "B" Social Membership attached to the property. Tara amenities include, Golf, fitness Center, Tennis, Resort pool, Hot tub, Sauna, Driving range, Putting green. Clubhouse amenities with fine dining and too many other amenities to list. Something for everyone! Mandatory Membership fee of $252 per month including a food minimum . Annual fee of $917.14 to Tara Master Association which includes High Speed Comcast Cable w/voice. premium Channels . One Time Capital Contribution of $1065.00 at closing and $650 per Quarter to Melrose Gardens Association
Located close to all the best Florida has to Offer.. Siesta Key.. Great shopping , beautiful beaches, amazing restaurants, easy access to
I -75. This is it!! Come and enjoy your true Florida lifestyle and so much more.

Last Agent to Sell the Property

Jeanette Redfern

RE/MAX REALTY UNLIMITED License #668875 Listed on: 01/17/2020

RE/MAX REALTY UNLIMITED

Last Buyer's Agent

Kathy Medosch

EXIT KING REALTY License #3040837

EXIT KING REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,780

Year Built

  • Built in 1999

Lot Details

  • East Facing Home
  • Irrigation
  • Condo Land Included

HOA Fees

  • $469 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,745 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Porcelain Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance repairs, recreational facilities
  • Melrose Gardens At Tara Community
  • Melrose Gardens At Tara Subdivision
  • Association Owns Recreation Facilities
  • Rental Restrictions

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Pet Size Limit
  • 1 Pet Allowed
  • Small pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,780

Year Built

Built in 1999

Lot Details

0

HOA Fees

$469 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1745
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 1999
  • Lot Size Sq Ft: 9627
  • Directions to Property: I-75 Exit 217 West. Left on Tara Blvd L on Melrose first house on the left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3220516?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3220516?w=Customer
  • Floor Number: 1
  • Homestead Y N: Yes
  • Number Of Pets: 1
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.9762
  • Price per Sq Ft: 138.68
  • Close to Original List Price Ratio: 0.9762
  • View: No
  • Ownership: Condominium
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Porcelain Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), High Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, Stone Counters, Vaulted Ceiling(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Shutters
  • Street Number Modifier: 7125
  • Room Count: 5
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Irrigation System, Sidewalk
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0340E
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Fitness, Golf, Pool, Sidewalk, Tennis Courts
  • Association: No
  • Senior Community: No
  • Condo Fees: 650
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 217
  • Montly Maint Amt Addition To H O A: 252
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 5624
  • Total Monthly Fees: 468.67

Lot Info

  • Zoning: PDR/WPE/
  • Parcel Number: 1731552301
  • Additional Parcels: No
  • Lot Features: Corner Lot
  • Flood Zone Code: X
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Number Limit, Size Limit
  • Pet Size: Small (16-35 Lbs.)
  • Minimum Lease: 1 Month
  • Approval Process: Application to be processed and approved by Association
  • Num Timesper Year: 12
  • Pet Restrictions: 1 dog only
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: leas restriction

Tax Info

  • Tax Annual Amount: 2780
  • Tax Book Number: 32-191
  • Tax Lot: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2023
Sold by
Woodham Linda S
Bought by
Linda S Woodman Amended And Restated Trust and Woodham
Current Estimated Value
$391,412

Purchase Details

Listed on
Jan 17, 2020
Closed on
Feb 26, 2020
Sold by
Hock Thomas Allen
Bought by
Woodham Linda S
Seller's Agent
Jeanette Redfern
RE/MAX REALTY UNLIMITED
Buyer's Agent
Kathy Medosch
EXIT KING REALTY
List Price
$247,900
Sold Price
$242,000
Premium/Discount to List
-$5,900
-2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.92%

Purchase Details

Closed on
Feb 12, 2016
Sold by
Pedersen Kenneth E
Bought by
Hock Thomas Allen and Hock Kathleen Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2004
Sold by
Pedersen Kenneth and Pedersen Yvonne
Bought by
Pedersen Kenneth E and Pedersen Yvonne G

Purchase Details

Closed on
Apr 30, 2004
Sold by
Blake John D and Blake Rosemarie G
Bought by
Pedersen Kenneth and Pedersen Yvonne
Source: Public Records

Range of Values:

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Average Value
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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
Linda S Woodman Amended And Restated Trust -- None Listed On Document
Woodham Linda S $242,000 Attorney
Hock Thomas Allen $225,000 Florida Title & Guarantee Ag
Pedersen Kenneth E -- --
Pedersen Kenneth $239,000 Prestige Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hock Thomas Allen $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2020 02/26/20 Sold $242,000 -2.4% $139 / Sq Ft
01/23/2020 01/23/20 Pending -- -- --
01/17/2020 01/17/20 For Sale $247,900 -- $142 / 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 $3,966 $306,764 $30,600 $276,164
2024 $3,966 $309,976 $30,600 $279,376
2023 $4,401 $313,187 $30,600 $282,587
2022 $4,173 $305,306 $30,000 $275,306
2021 $3,442 $224,881 $30,000 $194,881
2020 $2,844 $213,667 $0 $0
2019 $2,802 $208,863 $0 $0
2018 $2,780 $204,969 $0 $0
2017 $2,592 $200,753 $0 $0
2016 $1,465 $123,093 $0 $0
2015 $1,483 $122,237 $0 $0
2014 $1,483 $121,267 $0 $0
2013 $1,474 $119,475 $29,000 $90,475
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3220516

Stellar MLS

APN: 17315-5230-1