NOT LISTED FOR SALE

7324 Chelsea Ct University Park, FL 34201

Estimated Value: $1,696,000 - $1,854,000

3 Beds
3.5 Baths
4,340 Sq Ft
$409/Sq Ft Est. Value

Last Sold March 01, 2021

Last sale price $1,270,000 $293 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $11,728/month

57 Days on Market

Highlights

  • Water Views
  • Golf Course Community
  • Screened Pool
  • Robert Willis Elementary School Rated A-
  • Fitness Center
  • Home fronts a pond

About This Home

As of March 2021

Tranquil elegance describes this spectacular move in ready executive home in the exclusive Chelsea section of University Park Country Club. Stunning views await the new home owner as this home sits on one of the nicest lots in the community, with long water views and golf course views stretching beyond the water from the pool and the incredible outdoor living area. Beautiful views of the golf course also await you as you enter from the front of the home. This custom home was built by Najjar Construction and every architectural detail and custom feature was carefully planned. The double wood door front entry opens to soaring double tray ceilings, crown molding and built-ins and attention to detail that won't disappoint. The large kitchen features beautiful wood custom cabinets with granite counters and an island for additional space while entertaining. Upgraded appliances include a built in oven convection/microwave combination, dishwasher, and large double door refrigerator with wood panels. There's also a large hidden cabinet walk in pantry for additional storage! The kitchen overlooks the amazing views of the pool and outdoor living area. Spectacular views continue into the family room, and on a cool winter evening you can even turn on the beautiful gas fireplace to add to the ambiance. The dedicated office has beautiful built-ins and plenty of space. The large light and bright bonus room has panoramic water views and features exceptional tray ceilings and custom features. The owner's suite features wood floors and floor to ceiling windows with plantation shutters, a stunning tray ceiling with custom ceiling detail, and an exceptional large walk in closet. The owner's bath has a large his and hers walk in shower, jetted garden tub and duel sinks with a large vanity and makeup area with abundant of cabinets. The outdoor living area has amazing views and two large covered lanai areas that over look the large tropical pool and spa. The Country Club boasts 27-hole championship course and practice facility designed by renowned golf course architect Ron Garl and is ranked as one of the top courses in Florida. The Tennis facility has eleven lighted har-tru courts. The fitness center has an array of exercise equipment and cardiovascular machines, and a work out area for fitness classes. The Park Grille & Café is open seven days a week and features dramatic lakeside dining and views. The only requirement for new owners is a social membership. This home has a brand new tile roof, new exterior paint and extensive new professional landscaping and lighting were just completed. This gem is ready for immediate occupancy and is in perfect move in condition.

Last Agent to Sell the Property

Frank Castrogiovanni

COLDWELL BANKER REALTY License #581870 Listed on: 12/11/2020

COLDWELL BANKER REALTY

Last Buyer's Agent

Henry Mata Pena

DALTON WADE INC License #3453113

DALTON WADE INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,100

Year Built

  • Built in 2002

Lot Details

  • 0.45 Acre Lot
  • Home fronts a pond
  • Cul-De-Sac
  • East Facing Home
  • Mature Landscaping
  • Level Lot
  • Landscaped with Trees
  • Property is zoned PDR/WPE/

HOA Fees

  • $483 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Custom Home
  • Florida Architecture
  • Spanish Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,340 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Coffered Ceiling
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Shutters
  • Blinds
  • Sliding Doors
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Bonus Room
  • Utility Room
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights
  • Fire and Smoke Detector

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Fence Around Pool
  • Pool Tile

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Schools

  • Robert E Willis Elementary School
  • Braden River Middle School
  • Braden River High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 1919927809

Community Details

Overview

  • Association fees include 24-hour guard, cable TV, internet, manager, recreational facilities
  • Kathy Allen Association, Phone Number (941) 355-3888
  • Built by Najjar
  • University Park Community
  • University Park Subdivision
  • Association Approval Required
  • The community has rules related to building or community restrictions, deed restrictions, allowable golf cart usage in the community

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,100

Year Built

Built in 2002

Lot Details

0

HOA Fees

$483 per month

Parking

3

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Internet, Manager, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom, Florida, Spanish/Mediterranean
  • Water View: Yes
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 4340.00
  • Lot Size Acres: 0.45
  • Year Built: 2002
  • Building Area Total: 6139.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4486052?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4486052?w=Customer
  • Lot Size Sq Ft: 19802
  • Building Search Sq Meters: 570.33
  • Directions to Property: From Interstate go west down University to University Park Main entrance turn right and go thru guard gate. Go straight past golf course till you see the Section Chelsea turn right. Home down on the right.
  • Escrow City: Sarasota
  • Escrow Postal Code: 34236
  • Escrow State: FL
  • Escrow Street Name: N. Tamiami Trail #400
  • Escrow Street Number: 2
  • List Office Head Office Key Nume: 1046824
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 12
  • Fireplace Features: Gas, Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Additional Rooms: Bonus Room, Den/Library/Office, Family Room, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility
  • Flooring: Ceramic Tile, Wood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Master Bedroom Downstairs, Open Floorplan
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: Blinds, Shutters, Window Treatments
  • Living Area Meters: 403.20
  • Street Number Modifier: 7324

Exterior Features

  • Direction Faces: East
  • Waterfront Feet Pond: 125
  • Pool Features: Gunite, Heated, In Ground, Screen Enclosure, Tile
  • Exterior Features: Irrigation System, Lighting, Rain Gutters, Sidewalk, Sliding Doors, Storage
  • Roof: Tile
  • Water View: Pond
  • Flood Zone Code: x
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Screened
  • Road Surface Type: Concrete, Paved

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage Door Opener, Garage Faces Side, Oversized

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Public, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central, Heat Pump, Natural Gas
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: University Park
  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness, Gated Community, Golf Carts OK, Golf, Irrigation-Reclaimed Water, Sidewalk, Special Community Restrictions, Tennis Courts
  • Pet Restrictions: See deed restrictions and covenants. Pick up after pet and leash required.
  • Monthly HOA Fees: 483.33
  • Pet Size: Extra Large (101+ Lbs.)
  • Planned Unit Development: Yes
  • Association Amenities: Fitness Center, Gated, Golf Course, Tennis Court(s)
  • Association Approval Required: Yes
  • Association Fee: 5800.00
  • Association Fee Frequency: Annually
  • Association Fee Requirement: Required
  • Association Name: Kathy Allen
  • Phone: 9413553888 x-103
  • Association: Yes
  • Security: Gated Community, Security Lights, Security System, Smoke Detector(s)
  • Association Email: cms@upcai-fl.com
  • Association Website: http://www.upcai-fl.com

Fee Information

  • Waterfront Frontage: 125
  • Total Annual Fees: 5800.00
  • Total Monthly Fees: 483.33

Schools

  • Elementary School: Robert E Willis Elementary
  • Middle School: Braden River Middle
  • High School: Braden River High
  • Elementary School: Robert E Willis Elementary
  • High School: Braden River High
  • Middle Or Junior School: Braden River Middle

Lot Info

  • Zoning Compatible: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Zoning: PDR/WPE/
  • Parcel Number: 1919927809
  • Lot Features: Cul-De-Sac, Level/Flat, Street Paved, Street Private
  • Lot Size Square Meters: 1840

Rental Info

  • Minimum Lease: 1-2 Years
  • Additional Lease Restrictions: See deed restrictions and covenants, Hoa review.
  • Lease Restrictions: Yes
  • Pets Allowed: Yes

Building Info

  • Builder Name: Najjar

Multi Family

  • Approval Process: submit to HOA
  • Waterfront Features: Pond

Tax Info

  • Tax Annual Amount: 16099.69
  • Tax Book Number: 34-147
  • Tax Lot: 6
  • Tax Other Annual Assessment Amou: 2000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2020
Closed on
Mar 1, 2021
Sold by
Falkner Ill August John and Wright Linda Falkner
Bought by
Wang James H and Yu Lisha
Seller's Agent
Frank Castrogiovanni
COLDWELL BANKER REALTY
Buyer's Agent
Henry Mata Pena
DALTON WADE INC
List Price
$1,350,000
Sold Price
$1,270,000
Premium/Discount to List
-$80,000
-5.93%
Current Estimated Value
$1,776,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$506,929
Avg. Annual Appreciation
7.51%

Purchase Details

Closed on
Mar 14, 2001
Sold by
Channel Holdings Group
Bought by
Falkner John and Falkner Annette
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
Wang James H -- Attorney
Wang James H $1,270,000 Attorney
Falkner John $395,800 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2021 03/01/21 Sold $1,270,000 -5.9% $293 / Sq Ft
02/06/2021 02/06/21 Pending -- -- --
12/11/2020 12/11/20 For Sale $1,350,000 -- $311 / 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 $22,223 $1,420,456 -- --
2024 $22,223 $1,380,424 -- --
2023 $22,028 $1,340,217 $0 $0
2022 $21,562 $1,301,182 $0 $0
2021 $15,812 $894,253 $200,000 $694,253
2020 $16,100 $905,019 $200,000 $705,019
2019 $14,053 $893,588 $200,000 $693,588
2018 $18,803 $1,179,346 $300,000 $879,346
2017 $17,644 $1,160,526 $0 $0
2016 $17,700 $1,140,808 $0 $0
2015 $16,812 $1,140,006 $0 $0
2014 $16,812 $1,026,272 $0 $0
2013 $15,220 $916,314 $297,000 $619,314
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4486052

Stellar MLS

APN: 19199-2780-9