NOT LISTED FOR SALE

Estimated Value: $509,000 - $599,000

7 Beds
4.5 Baths
2,881 Sq Ft
$189/Sq Ft Est. Value

Last Sold August 08, 2019

Last sale price $290,000 $101 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,757/month

85 Days on Market

Highlights

  • Screened Pool
  • Furnished
  • Walk-In Closet
  • Gated Community
  • 2 Car Attached Garage
  • Ceramic Tile Flooring

About This Home

As of August 2019

Well maintained, fully furnished and nicely equipped vacation home with 7 bed/4.5 bath, heated pool, spa, and screen in the guard gated community of Emerald Island. The community is one of the closest to Disney World and with first level master bedroom it is easier to rent to vacationers. Family room has great views of the pool patio and vaulted ceiling and custom floor to ceiling drapery. Upstairs has 6 more bedrooms including a 2nd master. Currently the 2-car garage is being used as a game room and includes the pool and air hockey tables. An inside utility room has full sized machines and offers more storage space. The community has an amazing resort style pool area with tiki bar and playground. The clubhouse features an arcade room and fitness area. Gate is guarded 24/7 and association takes care of lawn care and provides Internet service and equipment. Nice investment. Current owner did lots of repairs and upgrades. House is in nice condition. Can refer management company that takes care of everything related to maintenance and vacation rental.

Last Agent to Sell the Property

Bruce Yang

SMOOTH RIVER REALTY LLC License #3256015 Listed on: 02/18/2019

Last Buyer's Agent

Janet Liciaga

EXP REALTY LLC License #3349084

EXP REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,335

Year Built

  • Built in 2005

Lot Details

  • 7,841 Sq Ft Lot
  • Northwest Facing Home
  • Property is zoned OPUD

HOA Fees

  • $285 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,881 Sq Ft Home
  • Furnished
  • Ceiling Fan

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Heated Spa
  • Fence Around Pool
  • Child Gate Fence

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Emerald Manager Association, Phone Number (352) 366-0234
  • Visit Association Website
  • Emerald Isl Rsrt Ph5a Subdivision
  • The community has rules related to deed restrictions

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,335

Year Built

Built in 2005

Lot Details

0

HOA Fees

$285 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 2881
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 2005
  • Lot Size Sq Ft: 7841
  • Directions to Property: From 192 go south on Formosa Garden Blvd. Turn right on Funie Steed Rd. Turn left on Emerald Island Blvd into community. Take 1st exit from roundabout onto Secret Key Cove. Turn right on Las Isla Dr then left on Palm Harbour Dr. Property will be on left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5764489&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5764489&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.96667
  • Price per Sq Ft: 100.66
  • Close to Original List Price Ratio: 0.93548
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 7
  • Spa Features: Heated
  • Spa Yn: Yes
  • Room Count: 12
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northwest
  • Pool Features: Child Safety Fence, Heated, In Ground, Screen Enclosure
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12097C0010G

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Corridor Access
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community
  • Association Fee: 855
  • Association Fee Frequency: Quarterly
  • Association Name: Emerald Manager
  • Phone: 352-366-0234
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Association Website: https://www.emeraldislandhoa.org/emeraldislandhoa/
  • Association Email: emeraldislandmasterhoa@gmail.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 3420
  • Monthly HOA Fee: 285
  • Total Monthly Fees: 285

Lot Info

  • Zoning: OPUD
  • Parcel Number: 09-25-27-3058-0001-1140
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2013-06-18
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Minimum Lease: 1-7 Days
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 4335
  • Tax Block: 1
  • Tax Book Number: 16-171-172
  • Tax Lot: 114

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2023
Sold by
Nwobi Obinna and Nwobi Diana Ifeoma
Bought by
Practice Scale Llc
Current Estimated Value
$543,347

Purchase Details

Closed on
Sep 7, 2021
Sold by
Nwobi Eric N
Bought by
Nwobi Obinna and Nwobi Diana Ifeoma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 18, 2019
Closed on
Aug 15, 2019
Sold by
Tang Xin
Bought by
Nwobi Eric N
Seller's Agent
Bruce Yang
SMOOTH RIVER REALTY LLC
Buyer's Agent
Janet Liciaga
EXP REALTY LLC
List Price
$299,999
Sold Price
$290,000
Premium/Discount to List
-$9,999
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.88%
Original Mortgage
$203,000
Interest Rate
3.6%

Purchase Details

Closed on
Oct 5, 2016
Sold by
Shen Xiaohang and Xu Min
Bought by
Tang Xin

Purchase Details

Closed on
Apr 14, 2011
Sold by
Wu Zhao Rong
Bought by
Shen Xiaohang and Xu Min

Purchase Details

Closed on
Aug 11, 2005
Sold by
Park Square Enterprises Inc
Bought by
Wu Zhao Rong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,504
Interest Rate
5.87%
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
Practice Scale Llc $100 None Listed On Document
Nwobi Obinna $350,000 Apiary Title Llc
Nwobi Eric N $290,000 --
Tang Xin $323,000 Premier Title Of Ctrl Fl Llc
Shen Xiaohang $300,000 Leading Edge Title Partners
Wu Zhao Rong $519,400 Millenia Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Nwobi Obinna U $100,000
Closed Practice Scale Llc $440,000
Previous Owner Nwobi Obinna U $2,137,500
Previous Owner Nwobi Obinna $280,000
Previous Owner Nwobi Eric N $203,000
Previous Owner Nwobi Eric N --
Previous Owner Nwobi Eric N $203,000
Previous Owner Wu Zhao Rong $415,504
Previous Owner Wu Zhao Rong $51,938
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2019 08/08/19 Sold $290,000 -3.3% $101 / Sq Ft
05/13/2019 05/13/19 Pending -- -- --
04/30/2019 04/30/19 For Sale $299,999 0.0% $104 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
03/30/2019 03/30/19 Price Changed $299,999 -3.2% $104 / Sq Ft
02/17/2019 02/17/19 For Sale $310,000 -- $108 / 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
2024 $6,418 $480,800 $85,000 $395,800
2023 $6,418 $421,520 $0 $0
2022 $5,634 $383,200 $60,000 $323,200
2021 $4,701 $284,600 $40,000 $244,600
2020 $4,487 $269,500 $40,000 $229,500
2019 $4,372 $256,700 $36,000 $220,700
2018 $4,336 $256,900 $32,000 $224,900
2017 $4,587 $267,200 $34,000 $233,200
2016 $4,679 $271,500 $34,000 $237,500
2015 $4,885 $278,400 $34,000 $244,400
2014 $4,616 $264,200 $34,000 $230,200
Source: Public Records

Agents Affiliated with this Home

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Source: Stellar MLS

MLS Number: O5764489

Stellar MLS

APN: 09-25-27-3058-0001-1140