NOT LISTED FOR SALE

7614 Desert Inn Way Lakewood Ranch, FL 34202

Estimated Value: $619,000 - $683,665

3 Beds
2 Baths
2,123 Sq Ft
$301/Sq Ft Est. Value

Last Sold February 16, 2018

Last sale price $398,000 $187 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,992/month

167 Days on Market

Highlights

  • 70 Feet of Waterfront
  • Golf Course Community
  • Home fronts a lagoon or estuary
  • Robert Willis Elementary School Rated A-
  • Gunite Pool
  • Gated Community

About This Home

As of February 2018

Lakewood Ranch Country Club Pool Home ready for an Annual Unfurnished lease as of October 1, 2014. Tucked away on a quiet cul de sac with no neighbors behind you as you look out over a lake to a preserve view. Custom features include a granite counters, spacious kitchen with a large breakfast room. Outdoor living on the lanai with heated pool/spa. Beautiful home to enjoy the Florida lifestyle.

Last Agent to Sell the Property

Lynn Luken

COLDWELL BANKER REALTY License #0695946 Listed on: 07/29/2017

COLDWELL BANKER REALTY

Last Buyer's Agent

Christy Peterson

SERHANT License #3336588

SERHANT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,360

Year Built

  • Built in 2001

Lot Details

  • 7,971 Sq Ft Lot
  • Home fronts a lagoon or estuary
  • 70 Feet of Waterfront
  • Street terminates at a dead end
  • Level Lot
  • Irrigation
  • Landscaped with Trees
  • Property is zoned PDMU/WPE

HOA Fees

  • $10 Monthly HOA Fees

Parking

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

Property Views

  • Lake
  • Woods
  • Park or Greenbelt

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,123 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room
  • Formal Dining Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Gunite Pool
  • Deck
  • Enclosed Patio or Porch
  • Outdoor Kitchen
  • Outdoor Grill

Schools

  • Robert E Willis Elementary School
  • Nolan Middle School
  • Lakewood Ranch High School

Utilities

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

Listing and Financial Details

  • Tax Lot 59
  • Assessor Parcel Number 588460609
  • $1,931 per year additional tax assessments

Community Details

Overview

  • Association fees include community pool, ground maintenance
  • Lakewood Ranch Community
  • Lakewood Ranch CC Sp D Un 3B &4 Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Golf Course Community
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,360

Year Built

Built in 2001

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2123
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 2001
  • Building Area Total: 3053
  • Lot Size Sq Ft: 7971
  • Directions to Property: University Parkway, through guard gate on Legacy. Left on Masters, Right on British Open Way, Right on Bay Hills, Left on Desert Inn, on left.
  • Status: Sold
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.97311
  • Price per Sq Ft: 187.47
  • Close to Original List Price Ratio: 0.88543
  • Ratio: Current Price\Building Area Total: 130.36
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built in Features, Cathedral Ceiling(s), Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Master Bedroom Main Floor, Open Floorplan, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 7614
  • Room Count: 7
  • Additional Rooms: Formal Dining Room Separate, Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Outdoor Kitchen
  • Pool Features: Gunite
  • Exterior Features: Sliding Doors, Irrigation System, Outdoor Kitchen, Outdoor Grill
  • Roof: Tile
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End
  • View: Greenbelt, Trees/Woods, Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Enclosed, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0345E
  • Waterfront Frontage: 70
  • Water Frontage Feet Lagoon: 70
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Gated Community, Golf, Pool
  • Association Amenities: Gated, Maintenance
  • Association Fee: 125
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Condo Fees: 478
  • Condo Fees Term: Quarterly
  • Monthly Condo Fee Amount: 159
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 2037
  • Monthly HOA Fee: 10.42
  • Total Monthly Fees: 169.75

Schools

  • Elementary School: Robert E Willis Elementary
  • High School: Lakewood Ranch High
  • Middle Or Junior School: Nolan Middle

Lot Info

  • Zoning: PDMU/WPE
  • Parcel Number: 588460609
  • Additional Parcels: No
  • Lot Features: Level
  • Flood Zone Code: X
  • Flood Zone Date: 2014-03-17
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 8-12 Months
  • Num Timesper Year: 1
  • Pet Restrictions: 2 pets allowed
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: None

Tax Info

  • Tax Annual Amount: 7360
  • Tax Book Number: 31-23
  • Tax Lot: 59
  • Tax Other Annual Assessment Amount: 1931

Multi Family

  • Waterfront Features: Lagoon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2017
Closed on
Feb 16, 2018
Sold by
Matri Ann P
Bought by
Ribardo Thomas G and Ribardo Janet E
Seller's Agent
Lynn Luken
COLDWELL BANKER REALTY
Buyer's Agent
Christy Peterson
SERHANT
List Price
$449,500
Sold Price
$398,000
Premium/Discount to List
-$51,500
-11.46%
Current Estimated Value
$639,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,916
Avg. Annual Appreciation
6.37%
Original Mortgage
$318,400
Outstanding Balance
$269,656
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$370,260

Purchase Details

Closed on
May 26, 2015
Sold by
Matri Stephen M and Matri Ann P
Bought by
Matri Ann P

Purchase Details

Closed on
Aug 1, 2005
Sold by
Braun Fred R and Braun Angele P
Bought by
Matri Stephen M and Matri Ann P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2004
Sold by
Winans Marlin D and Winans Sharon E
Bought by
Braun Fred R and Braun Angele P

Purchase Details

Closed on
Jan 5, 2001
Sold by
Neal Com Sw Fl Inc
Bought by
Winans Marlin D and Winans Sharon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.65%
Source: Public Records

Range of Values:

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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
Ribardo Thomas G $398,000 Integrity Title Svcs Inc
Matri Ann P -- Attorney
Matri Stephen M $630,000 Barnes Walker Title Inc
Braun Fred R $480,000 --
Winans Marlin D $85,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ribardo Thomas G $318,400
Previous Owner Matri Stephen M $400,000
Previous Owner Winans Marlin D $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Off Market $2,750 -- --
02/16/2018 02/16/18 Sold $398,000 -2.7% $187 / Sq Ft
01/13/2018 01/13/18 Pending -- -- --
12/16/2017 12/16/17 Price Changed $409,000 -2.6% $193 / Sq Ft
10/19/2017 10/19/17 Price Changed $419,900 -4.5% $198 / Sq Ft
09/28/2017 09/28/17 Price Changed $439,500 -2.2% $207 / Sq Ft
07/29/2017 07/29/17 For Sale $449,500 0.0% $212 / Sq Ft
10/15/2014 10/15/14 Rented $2,750 -1.8% --
09/22/2014 09/22/14 Under Contract -- -- --
09/09/2014 09/09/14 For Rent $2,800 -- --
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 $7,510 $356,959 -- --
2024 $7,510 $346,899 -- --
2023 $7,510 $336,795 $0 $0
2022 $7,298 $326,985 $0 $0
2021 $6,853 $317,461 $0 $0
2020 $6,914 $313,078 $90,000 $223,078
2019 $7,320 $334,396 $90,000 $244,396
2018 $7,585 $325,793 $85,000 $240,793
2017 $7,391 $340,678 $0 $0
2016 $7,360 $344,252 $0 $0
2015 $7,126 $343,064 $0 $0
2014 $7,126 $313,478 $0 $0
2013 $6,719 $289,319 $71,400 $217,919
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4192673

Stellar MLS

APN: 5884-6060-9