by RH Advisors

See Home Value
Manatee Lakewood
12402 LOBELIA TERRACE
$942,000
House - Off Market

12402 LOBELIA TERRACE

LAKEWOOD RANCH, FL 34202
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2866 Sqft
$5,264
Estimated Monthly
$8
HOA / Fees
3.79%
Cap Rate

About This Property

If there was one word to describe this home, it's PRISTINE! Updates and upgrades galore including an upcoming newly refinished pool surface and colorful decorative glass tile around the waterline of the pool!  Welcome to this refreshed and remodeled, fabulous home in the heart of Lakewood Ranch. Perfectly situated on a premier homesite offering gorgeous views of the lake and preserve! The Paloma floor plan by custom builder, Lee Wetherington, includes 4 bedrooms, 3 baths, great room with a built-in entertainment center, spacious dining room, living room with aquarium window, and an executive office with gorgeous bay windows. The gourmet kitchen has been updated with new light and bright quartz countertops, glass tile backsplash, stainless steel appliances and includes a huge walk-in pantry and built-in desk. Unwind and enjoy on the expansive and extended lanai with gorgeous views of the lake and preserve offering a very private and serene setting. The pool cage has been recently updated with no-see-um free screening, also the cage has been newly painted with newly installed stainless-steel screws to protect against the Florida weather. Solar panels have been installed to heat the pool by the heat of the sun, saving the homeowner on your electric bills!  The beadboard wood ceiling treatments provide the finishing touch and add to the picturesque and serene setting with unspoiled nature preserve views. Relax in the spa-like remodeled master bath with exquisite new granite countertops, custom shower and floor tiling, his and her vanities, and a soaking tub that completes the statement. Other recent upgrades include remodeled secondary baths, 2 new HVAC systems in late 2015 and 2021, new lighting cans throughout the home that have been converted to LED, newer interior and exterior paint, central vacuum system, tray ceilings and plantation shutters throughout this pristine home. Riverwalk Ridge is known as the "hidden gem" of Lakewood Ranch because it is centrally located to everything the Nation's Top Master Planned Community has to offer.  Lakewood Ranch Country Club is nearby with amazing amenities and membership is optional. The home's ideal location is in an A-rated school district, just minutes to the Lakewood Ranch Main Street, offering fabulous restaurants, shops and entertainment, Waterside Place, UTC Mall (including Tiger Woods' new Pop Stroke and the new Mote Aquarium!), downtown Sarasota, three airports, and of course the world-renowned beaches of Siesta Key, Lido Key, Longboat Key and Anna Maria Island. Call for your private showing today, this exceptional and unique property will not last long.
Unit Size
2,866Ft²
Days on Market
147 days
Land Size
0.24 acres
Price per sqft
$331
Property Type
House
Property Taxes
$596
HOA Dues
$8
Year Built
2002
Last updated: 6 months ago (Stellar MLS #A4576198)

Price History

Date / Event Date Event Price
Dec 22, 2023 Sold to Michael Nisenbaum $942,000
Sold to Michael Nisenbaum
Nov 1, 2023 In contract -
In contract
Nov 1, 2023 Relisted $949,000
Relisted
Oct 31, 2023 In contract -
In contract
Oct 27, 2023 Price Decreased $949,000
↓ $26K (2.7%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 17
  • Building Condition: Excellent
  • Building Quality: B
  • Construction Type: Masonry
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 640
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,400
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 800
  • Total Building Area: 3,796
  • Gross Building Area: 3,796
  • Building Area: 2,774
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,774
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVERWALK RIDGE
  • Land Acres: 0.239
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 59 RIVERWALK RIDGE CYPRESS BANKS PHASE II SUBPHASE I UNITS 1&2 PI#5872.1545/9

Ownership

  • Current Owner : NISENBAUM MICHAEL
  • Previous Owner : FALETTO JON S
  • Previous Owner 2: FALETTO CHERI L
  • Owner Before Previous Owner: AMERICAN INTERNATIONAL RELOCATION SOLUTI
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Manatee County School District
  • School Tax School District: MCPA&MCPS
  • Census Tract: 002016

Zoning

  • Zoning: PD-MU

Geography

  • Assessors Map Reference: 45
  • Subdivision Tract Number: 00587201
  • Parcel: 5872-1545-9
  • Lot: 59
  • Meridian: SEC 29 TWN 35S RNG 19E
  • Municipality: UNINCORPORATED
  • Latitude: 27.4144
  • Longitude: -82.4188

    Address

  • Full Address: 12402 Lobelia Ter
  • Address - House Number: 12402
  • Address - Street Name: Lobelia
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Lakewood Ranch
  • Carrier Code: R047
  • 4-Digit Zip Code: 2935
  • Zip Code: 34202

Valuation

    Tax

  • Total Area: 2,774
  • Tax Year: 2021
  • Tax Amount: $7,144
  • Tax Rate Code Area: 310

    Appraisal Valuation

  • Standard Deviation: 0.0787
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 94
  • Final Value: 957,279
  • High Value: 1,032,655
  • Low Value: 881,903

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $350,000
  • First Open Lien Mortgage Lender: STOCKTON MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Dec 22, 2023
  • First Open Lien Mortgage Loan Amount: $350,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2054

    Market Valuation

  • Market Total Value: $770,186
  • Market Land Value: $71,400
  • Market Improvement Value: $698,786

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $770,186
  • Assessed Land Value: $71,400
  • Assessed Improvements Value: $698,786

    Sales

  • Current Sale Contract Date: Dec 21, 2023
  • Current Sale Recording Date: Dec 22, 2023
  • Current Sale Transaction ID: 11918822273
  • Current Sale Price: $942,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 135155
  • Previous Sale Recording Date: Nov 20, 2013
  • Previous Sale Contract Date: Nov 13, 2013
  • Previous Sale Amount: $495,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STOCKTON MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Dec 22, 2023
  • First Mortgage Loan Amount: $350,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Nov 20, 2013
  • Previous Mortgage Loan Amount: $396,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2043



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
2,681 ft²
$342/ft²
$917,000 Oct 24, 2023
$917,000 Dec 6, 2023
$751/mo
House
4 Beds
3 Baths
3,397 ft²
$289/ft²
$982,500 May 8, 2023
$982,500 Sep 1, 2023
$511/mo
House
3 Beds
3 Baths
2,724 ft²
$395/ft²
$1,075,000 Nov 11, 2023
$1,075,000 Dec 18, 2023
$1,181/mo
House
3 Beds
3 Baths
2,564 ft²
$410/ft²
$1,050,000 Aug 3, 2023
$1,050,000 Dec 8, 2023
$1,342/mo
House
5 Beds
3 Baths
3,325 ft²
$289/ft²
$960,000 May 11, 2023
$960,000 Nov 7, 2023
$1,013/mo
House
3 Beds
2 Baths
2,362 ft²
$314/ft²
$742,500 Jul 28, 2023
$742,500 Sep 5, 2023
$742/mo
House
4 Beds
3 Baths
2,330 ft²
$348/ft²
$809,900 Sep 10, 2023
-
$512/mo
House
4 Beds
3 Baths
2,312 ft²
$346/ft²
$799,900 Jun 24, 2023
-
$447/mo
House
4 Beds
4 Baths
3,161 ft²
$316/ft²
$999,000 Nov 15, 2023
-
$1,452/mo
House
3 Beds
3 Baths
2,616 ft²
$401/ft²
$1,050,000 Dec 16, 2023
-
$1,124/mo
House
3 Beds
2 Baths
2,598 ft²
$346/ft²
$899,000 Oct 5, 2023
-
$1,277/mo
House
3 Beds
2 Baths
2,298 ft²
$391/ft²
$899,000 Oct 20, 2023
-
$818/mo

About Lakewood


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Frequently Asked Questions

When was property at 12402 Lobelia Terrace built and last sold?
The property at 12402 Lobelia Terrace was built in 2002 and last sold on Dec 21, 2023 for $942,000.
How much is this home worth?
The estimated value of the home located at 12402 Lobelia Terrace is $977,772.
What are some comparable homes to 12402 Lobelia Terrace?
Homes that are comparable to 12402 Lobelia Terrace include a house property at 11011 Bullrush Terrace, 7660 Portstewart Drive, 7609 Silverwood Court.

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