NOT LISTED FOR SALE

7614 Rio Bella Place University Park, FL 34201

Estimated Value: $614,841 - $678,000

3 Beds
2 Baths
2,139 Sq Ft
$302/Sq Ft Est. Value

Last Sold October 20, 2020

Last sale price $446,500 $209 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,050/month

230 Days on Market

Highlights

  • River Access
  • Screened Pool
  • View of Trees or Woods
  • Robert Willis Elementary School Rated A-
  • Gated Community
  • Open Floorplan

About This Home

As of October 2020

Situated in the gated community of Riva Trace, this three-bedroom home blends thoughtfully curated elegance with delightful indoor and outdoor spaces for entertaining. This popular floorplan has been built to Eco-Gold standards and welcomes exquisite daily living, the entire home has been expanded by 4’ in width including the garage and paver driveway. The host in you will love entertaining in the open living area, adorned with tile floors and crown molding. A formal dining room makes any meal a special occasion. Prepare scrumptious meals in the well-equipped kitchen, complete with granite surfaces, stainless appliances, gas-burning stove, and eat-in area. In addition to three full bedrooms, an office provides room for study and checking off your to-do list. The master suite has also been expanded by 2' and is adorned with soothing neutrals, and connects to a spa-like master bath, with his and her vanities, walk-in shower and soaking tub. Experience the quintessential Florida lifestyle on the pool terrace overlooking lush natural views. Dine al fresco on the oversized caged screened in lanai or take a dip in the sparkling heated salt water pool. The location is perfectly situated in the heart shopping, restaurants, I-75, and downtown Sarasota. Dreamy white sand beaches are only a short drive away.

Last Agent to Sell the Property

Chris Baylis

MICHAEL SAUNDERS & COMPANY License #3142521 Listed on: 01/15/2020

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Sue Cosgrove-Lee

FINE PROPERTIES License #3092018

Last Buyer's Agent

Stephanie Rose

SELLSTATE INTEGRITY REALTY License #3271830

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,116

Year Built

  • Built in 2013

Lot Details

  • 7,337 Sq Ft Lot
  • Street terminates at a dead end
  • North Facing Home
  • Mature Landscaping
  • Level Lot
  • Property is zoned PDR/WPE/

HOA Fees

  • $227 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Spanish Architecture
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Block Exterior
  • Stone Siding
  • Stucco

Interior Spaces

  • 2,139 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Tray Ceiling
  • Ceiling Fan
  • Blinds
  • Rods
  • Sliding Doors
  • Den
  • Views of Woods
  • Hurricane or Storm Shutters
  • Laundry Room

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Saltwater Pool
  • Fence Around Pool

Outdoor Features

  • River Access
  • Open Dock
  • Covered Patio or Porch
  • Rain Gutters

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • Association fees include fidelity bond, insurance, ground maintenance, manager, private road
  • C&S Managment Association
  • Built by medallion homes
  • Riva Trace Subdivision, Granada Floorplan
  • Riva Trace Community
  • On-Site Maintenance
  • The community has rules related to deed restrictions, vehicle restrictions
  • Rental Restrictions

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,116

Year Built

Built in 2013

Lot Details

0

HOA Fees

$227 per month

Parking

2

Listing Details

  • HOA Fee Includes: Fidelity Bond, Insurance, Maintenance Grounds, Manager, Private Road
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, Spanish/Mediterranean, Traditional
  • Construction Materials: Block, Stone, Stucco
  • Fireplace: No
  • Living Area: 2139
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 2013
  • Building Area Total: 3031
  • Lot Size Sq Ft: 7337
  • Directions to Property: I75 to University Pkwy (Exit213), W on University to N on Honore.1.5 miles. First right after fire department.Gate code required.Some GPS's take you through University Place. University Place does not have access to Riva Trace.Property will be on right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4456052?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4456052?w=Customer
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.98674
  • Price per Sq Ft: 208.74
  • Close to Original List Price Ratio: 0.95203
  • Ratio: Current Price\Building Area Total: 147.31
  • View: Yes
  • Co List Office Mls Id: 266510204
  • Co List Office Phone: 941-907-9595
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Open Floorplan, Solid Surface Counters, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Gas Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Blinds, Rods
  • Street Number Modifier: 7614
  • Room Count: 7
  • Additional Rooms: Den/Library/Office
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: North
  • Pool Features: Heated, In Ground, Salt Water, Screen Enclosure
  • Exterior Features: Hurricane Shutters, Rain Gutters, Sliding Doors
  • Roof: Concrete, Tile
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End
  • View: Trees/Woods
  • Water Body Name: Braden River
  • Waterfront: No
  • Patio and Porch Features: Covered, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water Access: River
  • Water Extras: Dock - Open
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Disclosures: Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Natural Gas Connected, Public, Underground Utilities
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Gated Community, Sidewalk, Water Access
  • Association Amenities: Gated, Maintenance, Vehicle Restrictions
  • Association Fee: 680
  • Association Fee Frequency: Quarterly
  • Association Name: C&S Managment
  • Phone: Andrea Rggers
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 2720
  • Monthly HOA Fee: 226.67
  • Total Monthly Fees: 226.67

Schools

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

Lot Info

  • Zoning: PDR/WPE/
  • Parcel Number: 1918911459
  • Additional Parcels: No
  • Lot Features: In County, Level, Sidewalk
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: medallion homes

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Yes
  • Minimum Lease: 1-2 Years
  • Approval Process: See HOA docs for more details
  • Num Timesper Year: 1
  • Pet Restrictions: County Leash Laws Apply - Please see HOA Docs for any additional restrictions.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See HOA docs for more details

Tax Info

  • Tax Annual Amount: 5116
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2020
Closed on
Oct 20, 2020
Sold by
Timmons Joseph D and Pepenella-Timmons Concetta A
Bought by
Leal Tiago A and Leal Maria L
Seller's Agent
Chris Baylis
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Stephanie Rose
SELLSTATE INTEGRITY REALTY
List Price
$460,000
Sold Price
$446,500
Premium/Discount to List
-$13,500
-2.93%
Current Estimated Value
$645,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,210
Avg. Annual Appreciation
7.63%
Original Mortgage
$246,500
Outstanding Balance
$218,849
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$426,861

Purchase Details

Closed on
Oct 17, 2013
Sold by
Mandarin Development Inc
Bought by
Timmons Joseph D and Pepenella Timmons Concetta A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,200
Interest Rate
4.57%
Mortgage Type
New Conventional
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
Leal Tiago A $446,500 Fidelity National Title
Timmons Joseph D $367,500 Sun Coast Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leal Tiago A $246,500
Previous Owner Timmons Joseph D $257,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2020 10/20/20 Sold $446,500 -1.3% $209 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/25/2020 08/25/20 Price Changed $452,500 -1.6% $212 / Sq Ft
07/24/2020 07/24/20 For Sale $460,000 +3.0% $215 / Sq Ft
04/04/2020 04/04/20 Off Market $446,500 -- --
01/15/2020 01/15/20 For Sale $469,000 -- $219 / 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 $5,242 $390,415 -- --
2024 $5,242 $379,412 -- --
2023 $5,239 $368,361 $0 $0
2022 $5,089 $357,632 $0 $0
2021 $4,886 $347,216 $70,000 $277,216
2020 $4,989 $339,371 $70,000 $269,371
2019 $5,117 $344,866 $0 $0
2018 $5,067 $338,436 $0 $0
2017 $4,719 $331,475 $0 $0
2016 $4,705 $324,657 $0 $0
2015 $4,753 $322,400 $0 $0
2014 $4,753 $319,841 $0 $0
2013 $1,158 $58,500 $58,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4456052

Stellar MLS

APN: 19189-1145-9