NOT LISTED FOR SALE

7240 Madrid Rd Weeki Wachee, FL 34613

Estimated Value: $501,000 - $597,000

3 Beds
2 Baths
2,371 Sq Ft
$231/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $525,000 $221 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,479/month

43 Days on Market

Highlights

  • 1.02 Acre Lot
  • Wooded Lot
  • Concrete Block With Brick
  • Contemporary Architecture
  • Attached Garage
  • Tile Flooring

About This Home

As of February 2023

*ACTIVE UNDER CONTRACT* Accepting back up offers. This IMPRESSIVE Van Orden Model home situated on an ACRE lot in the Royal Highlands is only 5 years old! Luxury Designer windows allow tons of NATURAL LIGHT to showcase this GRAND three-bedroom, two-bathroom, three car garage, POOL home. Custom features include high tray ceilings, 8-foot doors and POCKET SLIDERS, Formal Dining room, Formal Living room, Great room with PLANTATION SHUTTERS, Breakfast NOOK with SEAMLESS WINDOW overlooking the pool area, The kitchen is a perfect hub of the center of the home which features a QUARTZ countertops, Wood Cabinets, Stainless Steel Appliances Breakfast Bar, Pantry closet, and Island with PREP SINK. The huge, covered LANAI is perfect for entertaining with pavers surrounding the SALTWATER POOL with SUN SHELF and WATERFALL feature. The OVERSIZED (19x15) Primary Suite features tray ceilings, sliders to pool, Luxury bathroom with large walk-in shower, glass door, tile and a bench seat, dual sinks and a

Last Agent to Sell the Property

Summer Philhower

Peoples Trust Realty Inc License #3378922 Listed on: 11/10/2022

Peoples Trust Realty Inc

Co-Listed By

Jeffrey Philhower

Peoples Trust Realty Inc License #3493222

Last Buyer's Agent

Silvia Dukes

Tropic Shores Realty LLC License #BK3121797

Tropic Shores Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,747

Year Built

  • Built in 2017

Lot Details

  • 1.02 Acre Lot
  • Wooded Lot

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Concrete Block With Brick
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Winding Waters K-8 Elementary And Middle School
  • Weeki Wachee High School

Utilities

  • Central Heating and Cooling System
  • Well

Listing and Financial Details

  • Assessor Parcel Number R01 221 17 3400 0146 0110

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,747

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Concrete Block, Stucco
  • Heat: Central, Electric
  • Legal Description: Royal Highlands Unit 9 Blk 146 Lots 11&12 & Vacated Ease As Per Res # 2005-207 Orb 2079 Pgs 352-54
  • Lot Land Type: Wooded
  • Public Comments: Yes
  • Style: Contemporary
  • Type Of Property: Single Family Residence
  • Year Built: 2017
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bathrooms: 2
  • Bedrooms: 3
  • Flooring: Carpet, Tile

Exterior Features

  • Stories: 1

Garage/Parking

  • Parking Facilities: Attached, Covered

Utilities

  • Air Conditioner: Central, Electric
  • Water: Well

Schools

  • Elementary School: Winding Waters K-8
  • High School: Weeki Wachee
  • Middle School: Winding Waters K-8

Lot Info

  • Acres: 1.02
  • Lot Size: 1.02

Tax Info

  • Assessor Parcel Number: R01 221 17 3400 0146 0110
  • Taxes: 3746.99
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2022
Closed on
Feb 10, 2023
Sold by
Galea Carmelo
Bought by
Schreiber David J and Zimmerman Michelle A
Seller's Agent
Summer Philhower
Peoples Trust Realty Inc
Buyer's Agent
Silvia Dukes
Tropic Shores Realty LLC
List Price
$549,900
Sold Price
$525,000
Premium/Discount to List
-$24,900
-4.53%
Current Estimated Value
$556,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,081
Avg. Annual Appreciation
1.48%
Original Mortgage
$275,000
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 23, 2012
Closed on
Sep 19, 2012
Sold by
Jenkins Jean
Bought by
Galea Carmelo and Galea Christine A
Seller's Agent
Kerry McLaughlin
BHHS Florida Properties Group
Buyer's Agent
Gary Budek
BHHS Florida Properties Group
List Price
$6,000
Sold Price
$20,000
Premium/Discount to List
$14,000
233.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.92%

Purchase Details

Closed on
May 20, 2004
Sold by
Unterweger Richard E and Unterweger Marion
Bought by
Edwards Kenneth A and Jenkins Jean L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Schreiber David J $525,000 Ocean Sands Title
Galea Carmelo $20,000 Chelsea Title Of The Nature
Edwards Kenneth A $33,000 Gulf Coast Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schreiber David J $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/10/2023 02/10/23 Sold $525,000 -4.5% $221 / Sq Ft
12/23/2022 12/23/22 Pending -- -- --
11/10/2022 11/10/22 For Sale $549,900 +2649.5% $232 / Sq Ft
09/19/2012 09/19/12 Sold $20,000 +233.3% $8 / Sq Ft View Prior Sale
08/28/2012 08/28/12 Pending -- -- --
03/23/2012 03/23/12 For Sale $6,000 -- $3 / Sq Ft
Source: St. Augustine and St. Johns County Board of REALTORS®

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 $6,888 $489,695 -- --
2024 $3,874 $475,894 $64,721 $411,173
2023 $3,874 $267,270 $0 $0
2022 $3,747 $256,896 $0 $0
2021 $3,781 $249,414 $0 $0
2020 $3,540 $245,970 $0 $0
2019 $3,557 $240,440 $0 $0
2018 $2,654 $212,391 $0 $0
2017 $507 $15,623 $15,623 $0
2016 $322 $15,623 $0 $0
2015 $344 $16,853 $0 $0
2014 $419 $21,809 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: St. Augustine and St. Johns County Board of REALTORS®

MLS Number: HC2228365

St. Augustine and St. Johns County Board of REALTORS®

APN: R01-221-17-3400-0146-0110