NOT LISTED FOR SALE

7072 Twin Hills Terrace Lakewood Ranch, FL 34202

Estimated Value: $958,767 - $1,177,000

4 Beds
3 Baths
2,835 Sq Ft
$372/Sq Ft Est. Value

Last Sold April 30, 2018

Last sale price $563,000 $199 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $6,675/month

133 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Golf Course Community
  • Screened Pool
  • Robert Willis Elementary School Rated A-
  • Oak Trees
  • Gated Community

About This Home

As of April 2018

A feeling of serenity prevails in this lovely lakefront estate, designed to complement your Florida lifestyle in this magnificent & beautifully designed home, perfectly located behind the gates of the Lakewood Ranch Country Club community. Privacy, comfortable entertaining, unparalleled southern exposure with a never-ending lake view, not to mention elegance come to mind as you experience this wonderful residence. Originally built by Lee Wetherington, the 2,800+ sqft of living space has been meticulously maintained & thoughtfully updated, creating a stylish retreat that caters to both family living & entertaining. The high ceilings and walls of pocketing glass doors create an open, bright, inviting living area with an effortless flow between rooms.The family room features coffered ceiling with crown molding & sliders leading to heated salt water pool & spa, as well as a newly updated kitchen, featuring warm maple wood cabinetry & custom decorative hood, butler pantry with decorative glass doors, & large walk-in pantry. And at the end of the day you can take pleasure enjoying your master suite with a private entrance to lanai, coffered ceilings, double closets, rich wood vanities & framed mirrors. Only minutes from Main Street, UTC, award winning dining, world-renowned Nathan Benderson Park, and downtown Sarasota. Request a showing today!

Last Agent to Sell the Property

Abigail Altier

ALTIER & COMPANY License #3337212 Listed on: 11/10/2017

Last Buyer's Agent

CARMEN BASKIND

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0663919

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,690

Year Built

  • Built in 2003

Lot Details

  • 0.33 Acre Lot
  • 150 Feet of Waterfront
  • Lake Front
  • Mature Landscaping
  • Oak Trees
  • Property is zoned PDMU/W

HOA Fees

  • $11 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 2,835 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Tray Ceiling
  • Ceiling Fan
  • Blinds
  • French Doors
  • Sliding Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Inside Utility
  • Lake Views
  • Attic

Kitchen

  • <<OvenToken>>
  • <<microwave>>
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

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

Outdoor Features

  • Access To Lake
  • Deck
  • Covered patio or porch
  • Outdoor Storage

Additional Features

  • Reclaimed Water Irrigation System
  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Lakewood Ranch Community
  • Lakewood Ranch Cc Sp L M N O Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Playground

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,690

Year Built

Built in 2003

Lot Details

0

HOA Fees

$11 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2835
  • Lot Size Acres: 0.33
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 3847
  • Lot Size Sq Ft: 14375
  • Directions to Property: I75 Exit 213 East to Legacy Blvd, left to Masters, Right to 1st Left onto Arnold Palmer, 1st left into Twin Hills, 1st home on left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4200938&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4200938&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.97913
  • Price per Sq Ft: 198.59
  • Close to Original List Price Ratio: 0.95424
  • Ratio: Current Price\Building Area Total: 146.35
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Attic, Ceiling Fans(s), Crown Molding, Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Window Features: Blinds
  • Street Number Modifier: 7072
  • Room Count: 11
  • Additional Rooms: Attic, Breakfast Room Separate, Den/Library/Office, Family Room, Formal Dining Room Separate, Formal Living Room Separate, Foyer, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Storage
  • Pool Features: Heated, In Ground, Salt Water, Screen Enclosure
  • Exterior Features: French Doors, Hurricane Shutters, Irrigation System, Sliding Doors, Storage
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Water Body Name: Lake
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Water View: Lake
  • Water Access: Lake
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0345E
  • Waterfront Frontage: 150
  • Water Frontage Feet Lake: 150
  • Additional Water Information: BUYER MUST CONFIRM WATER FRONTAGE MEASUREMENT
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: Public, Sprinkler Recycled
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community, Golf, Irrigation-Reclaimed Water, Playground, Tennis Courts
  • Association Amenities: Gated, Playground, Recreation Facilities, Security, Tennis Court(s)
  • Association Fee: 130
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 130
  • Monthly HOA Fee: 10.83
  • Total Monthly Fees: 10.83

Lot Info

  • Zoning: PDMU/W
  • Parcel Number: 588480559
  • Additional Parcels: No
  • Millage Rate: 15.27
  • Flood Zone Code: X
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Large (61-100 Lbs.)
  • Max Pet Weight: 100
  • Minimum Lease: No Minimum
  • Approval Process: SEE HOA DOCS FOR DETAILS
  • Pet Restrictions: WEIGHT RESTRICTIONS & LEASH LAWS
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: SEE HOA DOCS FOR DETAILS

Tax Info

  • Tax Annual Amount: 9690
  • Tax Block: B
  • Tax Book Number: 37-41
  • Tax Lot: 48
  • Tax Other Annual Assessment Amount: 2639

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2020
Sold by
Switzer D By Paul D and Switzer Janis L
Bought by
Montgomery Richard S
Current Estimated Value
$1,053,692

Purchase Details

Listed on
Nov 10, 2017
Closed on
Apr 30, 2018
Sold by
George Thomas and Thomaides Thomas George
Bought by
Kaplan Irwin D and Kaplan Patricia G
Seller's Agent
Abigail Altier
ALTIER & COMPANY
Buyer's Agent
CARMEN BASKIND
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$590,000
Sold Price
$563,000
Premium/Discount to List
-$27,000
-4.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.98%

Purchase Details

Closed on
Sep 2, 2016
Sold by
Pepin Gregory S and Pepin Anna K
Bought by
Pepin Gregory S

Purchase Details

Closed on
Apr 5, 2010
Sold by
Lwr Country Club West Llc
Bought by
Wrigley Miller James Mather and Wrigley Miller Misdee

Purchase Details

Closed on
Aug 1, 2005
Sold by
Sparbel Jason and Sparbel Trish
Bought by
George Thomas and Thomaides Catherine Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 19, 2004
Sold by
Schroeder Manatee Ranch Inc
Bought by
Capital Four Inc

Purchase Details

Closed on
Jul 9, 2003
Sold by
Lee Wetherington Homes Inc
Bought by
Sparbel Trisha

Purchase Details

Closed on
Nov 11, 2002
Sold by
Schroeder Manatee Ranch Inc
Bought by
Lee Wetherington Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,100
Interest Rate
6.18%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
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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
Montgomery Richard S -- None Available
Kaplan Irwin D $563,000 Attorney
Pepin Gregory S -- None Available
Wrigley Miller James Mather $205,000 Attorney
George Thomas $799,900 University Title Svcs Llc
Capital Four Inc $234,500 University Title Services Ll
Sparbel Trisha $488,000 --
Lee Wetherington Homes Inc $104,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kaplan Patricia G $0
Previous Owner Kaplan Irwin D $125,000
Previous Owner George Thomas $500,000
Previous Owner Sparbel Jason A $100,000
Previous Owner Boyle Austin M $16,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $563,000 -2.1% $199 / Sq Ft
03/23/2018 03/23/18 Pending -- -- --
02/08/2018 02/08/18 Price Changed $575,000 -1.7% $203 / Sq Ft
01/05/2018 01/05/18 Price Changed $585,000 -0.8% $206 / Sq Ft
11/09/2017 11/09/17 For Sale $590,000 -- $208 / 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 $10,131 $517,881 -- --
2023 $10,131 $502,797 $0 $0
2022 $9,959 $488,152 $0 $0
2021 $9,517 $473,934 $0 $0
2020 $9,851 $467,391 $0 $0
2019 $9,681 $456,883 $110,000 $346,883
2018 $10,098 $449,734 $110,000 $339,734
2017 $9,691 $453,910 $0 $0
2016 $9,182 $418,156 $0 $0
2015 $9,591 $486,903 $0 $0
2014 $9,591 $424,682 $0 $0
2013 $9,040 $391,710 $73,400 $318,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4200938

Stellar MLS

APN: 5884-8055-9