NOT LISTED FOR SALE

8346 Madrid Rd Weeki Wachee, FL 34613

Estimated Value: $458,138 - $619,000

3 Beds
2 Baths
1,830 Sq Ft
$294/Sq Ft Est. Value

Last Sold April 09, 2020

Last sale price $340,000 $186 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,260/month

2 Days on Market

Highlights

  • In Ground Pool
  • 1.03 Acre Lot
  • Contemporary Architecture
  • Home fronts a pond
  • Open Floorplan
  • Vaulted Ceiling

About This Home

As of April 2020

Resort style tropical oasis right in your own backyard! Stunning 3/2/2 contemporary home sits on over an acre in The Royal Highlands with no build behind. Incredible outdoor space is sure to please, featuring a fabulous walk in lagoon pool with 6 ft waterfall,lounging deck and slide. Soak up the sun and relax in the sandy beach area or cool off in the sparkling clean, refreshing water. Entertaining is a breeze at the custom built pool side tiki bar or gathering around the fire-pit stargazing on those cooler evenings. Beyond the pool area to the rear of the property are large cypress trees which act as a natural repellent keeping the mosquito's away while you play. All within a fully fenced yard. Interior is just as nice! Walk through the front double door entry, notice how crisp & clean. Vaulted ceilings recently retextured, walls freshly painted, truly a move in ready home. Huge windows allow natural light to pour in and shine on the beautiful new tile plank flooring throughout. Updated kitchen with granite counter tops, nearly new stainless steel appliances still under warranty. Enjoy meals at the kitchen nook, the breakfast bar or the formal dining area. Large pantry and inside laundry room with new washer & dryer. Master bedroom suite has double sinks, garden tub, separate shower, and a large walk in designer closet with built ins. Master bedroom and living room have sliders to the large screened in porch with great view of the pool. 2nd bath also functions as pool bath so no wet feet though the house. No HOA to get in the way. Bring the toys & enjoy Florida Living

Last Agent to Sell the Property

Theresa Perna

Dennis Realty & Investment Corp. License #3341900 Listed on: 03/07/2020

Last Buyer's Agent

PAID RECIPROCAL

Paid Reciprocal Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,429

Year Built

  • Built in 1992

Lot Details

  • 1.03 Acre Lot
  • Home fronts a pond
  • Property fronts a county road
  • Wood Fence
  • Chain Link Fence
  • Property is zoned R1C

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Concrete Siding
  • Block Exterior
  • Stucco Exterior

Interior Spaces

  • 1,830 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Sink Near Laundry

Pool

  • In Ground Pool
  • Waterfall Pool Feature

Outdoor Features

  • Patio
  • Shed

Schools

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

Utilities

  • Central Heating and Cooling System
  • Well
  • Private Sewer

Community Details

  • No Home Owners Association
  • Royal Highlands Unit 2 Subdivision

Listing and Financial Details

  • Legal Lot and Block 0050 / 0039
  • Assessor Parcel Number R01 221 17 3300 0039 0050

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,429

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Directions: Cortez Blvd, Left on Nightwalker Road.Right on Madrid Road
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: City Street, County Road
  • Subdivision Name: Royal Highlands Unit 2
  • Year Built: 1992
  • Building Stories: 1
  • Reso Fencing: Chain Link, Wood
  • ResoLaundryFeatures: Sink
  • Lot Size Acres: 1.03
  • Road Surface Type: Paved
  • NAV29_Unit_1_Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Microwave, Refrigerator, Washer
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: 352-606-3911
  • MLS Status: Closed
  • Architectural Style: Contemporary
  • Carport Y N: No
  • New Construction: No
  • Master Plan Zoning: R1C
  • Location Tax and Legal Elementary School: Winding Waters K-8
  • Location Tax and Legal High School: Weeki Wachee
  • General Property Information Building Area Total3: 2616.0
  • General Property Information Lot Size Acres: 1.0319
  • General Property Information Lot Size Square Feet2: 44950.0
  • General Property Information Carport YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information:Pool Private YN: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Cooling:Central Air: Yes
  • Pool Features In Ground: Yes
  • Road Surface Type:Paved: Yes
  • Location Tax and Legal Parcel Number2: R01 221 17 3300 0039 0050
  • Location Tax and Legal:Tax Annual Amount: 2429.03
  • Location Tax and Legal Zoning Description2: Residential
  • Location Tax and Legal Tax Year2: 2019
  • Location Tax and Legal Tax Lot2: 0050
  • General Property Information New Construction YN: No
  • Security Features:Smoke Detector(s): Yes
  • General Property Information CDD Fee YN: No
  • General Property Information Stories2: 1
  • Sewer Private Sewer: Yes
  • Water Source:Well: Yes
  • Fencing Wood2: Yes
  • Road Frontage Type County Road: Yes
  • Fencing:Chain Link: Yes
  • Laundry Features:Sink: Yes
  • Architectural Style:Contemporary: Yes
  • Flooring:Tile: Yes
  • Interior Features Breakfast Nook: Yes
  • Other Structures:Shed(s): Yes
  • Pool Features Waterfall: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Interior Amenities: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Double Vanity, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s), Split Plan
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Oven: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Split Plan: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Kitchen Island: Yes

Exterior Features

  • Waterfront: No
  • Pool Features: In Ground, Waterfall
  • Pool Private: Yes
  • Waterfront Features: Pond
  • Construction Type: Block, Concrete, Stucco
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Waterfront Features:Pond2: Yes
  • Construction Materials:Block: Yes
  • Construction Materials:Concrete: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Central Air, Electric
  • Sewer: Private Sewer
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 44950.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: R01 221 17 3300 0039 0050
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2429.03
  • Tax Block: 0039
  • Tax Lot: 0050

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2020
Closed on
Apr 9, 2020
Sold by
Russo Robert R and Russo Leeann
Bought by
Kamin Bruce W and Kamin Deborah S
Seller's Agent
Theresa Perna
Dennis Realty & Investment Corp.
Buyer's Agent
PAID RECIPROCAL
Paid Reciprocal Office
List Price
$340,000
Sold Price
$340,000
Current Estimated Value
$538,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,285
Avg. Annual Appreciation
8.71%
Original Mortgage
$127,000
Outstanding Balance
$112,507
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$425,778

Purchase Details

Closed on
Dec 6, 2019
Sold by
Russo Robert R
Bought by
Russo Robert R and Russo Leeann

Purchase Details

Listed on
Oct 14, 2016
Closed on
Nov 30, 2016
Sold by
Marino Sheryl A
Bought by
Russo Robert R
Seller's Agent
Vincent Mistretta
RE/MAX Realtec Group Inc
Buyer's Agent
Theresa Perna
Dennis Realty & Investment Corp.
List Price
$195,000
Sold Price
$196,000
Premium/Discount to List
$1,000
0.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.08%
Original Mortgage
$192,449
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 2, 2015
Closed on
May 22, 2015
Sold by
Hancock Kristen and Hancock Daniel
Bought by
Marino Sheryl A
Seller's Agent
Elizabeth Dougherty
Keller Williams-Elite Partners
Buyer's Agent
Vincent Mistretta
REMAX Marketing Specialists
List Price
$194,900
Sold Price
$192,000
Premium/Discount to List
-$2,900
-1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.36%
Original Mortgage
$153,600
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 26, 2012
Closed on
Apr 30, 2013
Sold by
Harding Kathryn
Bought by
Hancock Kristen
Seller's Agent
Terisha Miller
Realty Executive America, Inc
Buyer's Agent
Julie Ludovico
Tropic Shores Realty LLC
List Price
$159,900
Sold Price
$139,000
Premium/Discount to List
-$20,900
-13.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.98%

Purchase Details

Listed on
Aug 29, 2012
Closed on
Oct 3, 2012
Sold by
Fannie Mae
Bought by
Harding Kathryn
Seller's Agent
Daniel Maracich
Realty Executive America, Inc
Buyer's Agent
Terisha Miller
Realty Executive America, Inc
List Price
$112,900
Sold Price
$50,500
Premium/Discount to List
-$62,400
-55.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
600.84%

Purchase Details

Closed on
Jan 23, 2012
Sold by
Cruz Magdalena
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Nov 27, 2002
Sold by
Highhammond Verna M
Bought by
Cruz Magdalena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
6.3%

Purchase Details

Closed on
Nov 30, 2000
Sold by
Pearson Gretchen and Pearson Gerard D
Bought by
Hammond Verna M High

Purchase Details

Closed on
Oct 23, 1998
Sold by
Clarke Leonard and Clarke Rose
Bought by
Pearson Gretchen and Pearson Gerard D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.47%
Source: Public Records

Range of Values:

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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
Kamin Bruce W $340,000 Arrow Title Llc
Russo Robert R -- None Available
Russo Robert R $196,000 Republic Land & Title Inc
Marino Sheryl A $192,000 Southeast Title Suncoast Inc
Hancock Kristen $139,000 Southeast Title Suncoast Inc
Harding Kathryn $50,500 Bay National Title Company
Chase Home Finance Llc -- Attorney
Cruz Magdalena $131,000 --
Hammond Verna M High $127,000 --
Pearson Gretchen $129,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kamin Bruce W $127,000
Previous Owner Russo Robert R $192,449
Previous Owner Marino Sheryl A $153,600
Previous Owner Cruz Magdalena $127,000
Previous Owner Pearson Gretchen $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/09/2020 04/09/20 Sold $340,000 0.0% $186 / Sq Ft
03/08/2020 03/08/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $340,000 +73.5% $186 / Sq Ft
12/01/2016 12/01/16 Sold $196,000 +0.5% $107 / Sq Ft View Prior Sale
10/19/2016 10/19/16 Pending -- -- --
10/14/2016 10/14/16 For Sale $195,000 +1.6% $107 / Sq Ft
05/22/2015 05/22/15 Sold $192,000 -1.5% $105 / Sq Ft View Prior Sale
04/08/2015 04/08/15 Pending -- -- --
04/02/2015 04/02/15 For Sale $194,900 +40.2% $107 / Sq Ft
04/30/2013 04/30/13 Sold $139,000 -13.1% $76 / Sq Ft View Prior Sale
03/25/2013 03/25/13 Pending -- -- --
12/26/2012 12/26/12 For Sale $159,900 +216.6% $87 / Sq Ft
10/22/2012 10/22/12 Sold $50,500 -55.3% $28 / Sq Ft View Prior Sale
10/03/2012 10/03/12 Pending -- -- --
03/15/2012 03/15/12 For Sale $112,900 -- $62 / Sq Ft
Source: Hernando County Association 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
2024 $4,878 $337,260 -- --
2023 $4,878 $281,240 $0 $0
2022 $4,639 $255,673 $0 $0
2021 $4,154 $232,430 $26,521 $205,909
2020 $2,422 $174,615 $0 $0
2019 $2,429 $170,689 $0 $0
2018 $1,965 $167,506 $0 $0
2017 $2,240 $164,061 $17,980 $146,081
2016 $2,398 $136,057 $0 $0
2015 $2,027 $110,755 $0 $0
2014 $1,930 $105,915 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hernando County Association of REALTORS®

MLS Number: 2207760

Hernando County Association of REALTORS®

APN: R01-221-17-3300-0039-0050