Seller's Agent in 2022
Toma Milbank
COMPASS FLORIDA LLC
(941) 720-5174
58 in this area
106 Total Sales
7543 Tori Way Lakewood Ranch, FL 34202
Estimated Value: $1,254,000 - $1,293,014
5
Beds
4
Baths
3,694
Sq Ft
$346/Sq Ft
Est. Value
Highlights
- Screened Pool
- Lake View
- Vaulted Ceiling
- Braden River Elementary School Rated A-
- Open Floorplan
- Main Floor Primary Bedroom
About This Home
As of July 2022Orchestrating exceptional comfort and style through understated elegance, this fully updated five-bedroom, lakefront residence in the desirable “Sanctuary” section of River Club stirs the senses. A custom Arthur Rutenberg home with a full in-law suite and top of the line finishes merge with incredible upgrades, a thoughtful floorplan, and dazzling outdoor living. Set on a peaceful lake, views across the water connect you with nature from sunrise to sunset. Arrive home to porcelain tile, graceful columns, tray ceilings and crown moldings. The formal dining room connects to the kitchen while the formal living area is perfect for entertaining. Adjacent to the foyer, handle the business at hand in the spacious office/den. Cook to your heart’s content in the open kitchen equipped with center island and upgraded cabinets, stainless appliances, and stunning countertops. The great room features impact-rated sliding glass doors that disappear for seamless indoor/outdoor living. The owner’s suite is serene and spacious with two walk-in closets, a sitting area, and a completely remodeled bath. A separate in-law wing welcomes guests and family with a large private living area, fully equipped kitchen, bedroom, and full private bathroom. Enjoy the outdoors on the large lanai with a summer kitchen and a gorgeous saltwater pool and spa. Upgraded features include: resurfaced pebble finish, ivory travertine pavers, a new cage with a ClearView screen, and even automated controls via your phone. Additional elements include a pool bath, remodeled bathrooms throughout, new paint and carpets, new hurricane windows throughout, and a long list of additional upgrades. The Sanctuary of River Club, with its tree lined streets and gas lamp posts, is not only charming, but also centrally located to all that Lakewood Ranch has to offer. It also has a very low HOA fee and is one of the few communities in Lakewood Ranch without a CDD fee.
Last Agent to Sell the Property
COMPASS FLORIDA LLC License #3356792 Listed on: 05/05/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,002
Year Built
- Built in 2000
Lot Details
- 0.34 Acre Lot
- West Facing Home
- Mature Landscaping
- Property is zoned PDR/WPE/ST
HOA Fees
- $79 Monthly HOA Fees
Parking
- 3 Car Attached Garage
Property Views
- Lake
- Pool
Home Design
- Slab Foundation
- Tile Roof
- Block Exterior
- Stucco
Interior Spaces
- 3,694 Sq Ft Home
- Open Floorplan
- Crown Molding
- Tray Ceiling
- Vaulted Ceiling
- Ceiling Fan
- Shutters
- Sliding Doors
- Family Room
- Separate Formal Living Room
- Formal Dining Room
- Den
- Inside Utility
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
- Stone Countertops
- Solid Wood Cabinet
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- Walk-In Closet
- In-Law or Guest Suite
- 4 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Home Security System
- 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
- Saltwater Pool
- Fence Around Pool
- Outdoor Shower
- Pool Tile
- Pool Lighting
Outdoor Features
- Enclosed Patio or Porch
- Outdoor Kitchen
- Exterior Lighting
- Rain Gutters
Schools
- Braden River Elementary School
- Braden River Middle School
- Lakewood Ranch High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Thermostat
- Underground Utilities
- Natural Gas Connected
- Gas Water Heater
- High Speed Internet
- Phone Available
- Cable TV Available
Community Details
- Castle Group Erika Dote Association, Phone Number (800) 337-5850
- Visit Association Website
- Built by Arthur Rutenberg
- River Club Community
- River Club South Subphase V A Subdivision
- The community has rules related to deed restrictions
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 107
- Assessor Parcel Number 587651659
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 5, 2022
Closed on
Jul 7, 2022
Sold by
William & Sharon Bender Living Trust
Bought by
Alvarez Jeffrey C and Alvarez Mary
Seller's Agent
Toma Milbank
COMPASS FLORIDA LLC
Buyer's Agent
Brian Wood
COMPASS FLORIDA LLC
List Price
$1,450,000
Sold Price
$1,525,000
Premium/Discount to List
$75,000
5.17%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$247,746
Avg. Annual Appreciation
-5.22%
Original Mortgage
$1,220,000
Outstanding Balance
$1,150,405
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$126,849
Purchase Details
Closed on
Jul 13, 2021
Sold by
Bender William S and Bender Sharon L
Bought by
Bender William and Bender Sharon
Purchase Details
Closed on
Aug 24, 2015
Sold by
Simpson Clark R and Simpson Susan
Bought by
Bender William S and Bender Sharon L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
4.16%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 13, 2009
Sold by
Fox Paul J and Fox Linda
Bought by
Simpson Clark R and Simpson Susan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,000
Interest Rate
4.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 3, 1999
Sold by
M Pete Mcnabb Inc
Bought by
Fox Paul J and Fox Linda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
7.5%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alvarez Jeffrey C | $1,525,000 | None Listed On Document | |
| Bender William | -- | Attorney | |
| Bender William S | $625,000 | Msc Title Inc | |
| Simpson Clark R | $572,000 | Sunbelt Title Agency | |
| Fox Paul J | $66,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alvarez Jeffrey C | $1,220,000 | |
| Previous Owner | Bender William S | $395,000 | |
| Previous Owner | Simpson Clark R | $339,000 | |
| Previous Owner | Fox Paul J | $308,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/07/2022 07/07/22 | Sold | $1,525,000 | +5.2% | $413 / Sq Ft |
| 05/07/2022 05/07/22 | Pending | -- | -- | -- |
| 05/05/2022 05/05/22 | For Sale | $1,450,000 | -- | $393 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $17,071 | $1,022,928 | $66,300 | $956,628 |
| 2024 | $17,071 | $1,175,661 | $66,300 | $1,109,361 |
| 2023 | $17,071 | $1,188,947 | $66,300 | $1,122,647 |
| 2022 | $6,976 | $493,134 | $0 | $0 |
| 2021 | $6,722 | $478,771 | $0 | $0 |
| 2020 | $6,955 | $472,161 | $60,000 | $412,161 |
| 2019 | $7,597 | $508,601 | $60,000 | $448,601 |
| 2018 | $8,190 | $501,645 | $60,000 | $441,645 |
| 2017 | $7,785 | $499,275 | $0 | $0 |
| 2016 | $7,619 | $477,391 | $0 | $0 |
| 2015 | $5,274 | $355,108 | $0 | $0 |
| 2014 | $5,274 | $352,290 | $0 | $0 |
| 2013 | $5,262 | $347,084 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Toma Milbank
-
Rebecca Milbank PLLC
Seller Co-Listing Agent in 2022
Rebecca Milbank PLLC
COMPASS FLORIDA LLC
(941) 302-6840
60 in this area
104 Total Sales
-
Brian Wood
Buyer's Agent in 2022
Brian Wood
COMPASS FLORIDA LLC
(941) 928-8408
9 in this area
63 Total Sales
Map
Source: Stellar MLS
MLS Number: A4534315
APN: 5876-5165-9
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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