by Global Lifestyle Properties

See Home Value
Manatee Waters Edge
1542 ORMOND TERRACE
$515,000
● House - Off Market

1542 ORMOND TERRACE

PARRISH, FL 34219
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,294 Ft²
$3,427
Est. Monthly
$13
HOA / Fees
3.61%
Cap Rate

About This Property

**  VA Assumable Loan ** Outstanding Assumable VA-backed mortgage with a balance of $429,000.00. Seller may consider allowing a buyer to assume the loan using their own VA entitlement. The interest rate is 2.3% on the balance. That option would save a potential buyer a significant sum over the life of the loan. Welcome home to this three bedroom, two bath River's Reach lakefront Beauty! When you walk through the front door, you're immediately drawn to the open space of the living room and what lies beyond it. The tranquility of the caged pool, featuring the peaceful sounds of a pool side waterfall, and the serenity of the lake just outside. Enjoy this caged paradise in the morning over coffee or tea and all throughout the day, into the evening. Slide open the three paneled pocket sliding glass doors to bring the outside in and enjoy the cross breeze all through the house. The oversized windows in the living room, dining room and kitchen allow for a tremendous amount of natural light inside. There are privacy shrubs taller than the average bear to help you feel like you are in a world all your own. The kitchen is spacious with an abundance of upper and lower cabinets, a pantry closet, island for added counter space and a dining nook that overlooks the pool area and lake. There are high ceilings throughout the house, recessed lighting in the living room, kitchen and den/office and beautiful tray ceiling with crown molding in the living room. The bonus den/office is a nice remote office for those who work from home and can be made private by closing the lovely French doors. There is a carpeted formal dining room and laundry room with utility sink and upper cabinets to store all your laundry needs. The main bedroom has dual walk-in closets, and the ensuite is complete with dual sinks, a garden tub, walk-in shower and access to the pool area, which can be closed off to the rest of the home. The two-car garage has epoxy coated floors, an A/C package system and pull-down attic access. The River's Reach gated community boasts of clubhouse with pool, hot tub, outdoor BBQ area, wonderful workout facilities and nature trails.  ** Noted Improvements **  2020 A/C; 2021 Water Heater and wood laminate floors; 2022 Hunter Douglas window treatments in LR and kitchen; 2025 Formal dining room carpet and new ceiling fans and lighting through out the home and back porch; 2025 New roof. STILL TO COME: Pool pump and pool heater. All this is within a 20-minute drive to dining, shopping, I-75 and the UTC Mall and Waterside.
Unit Size
2,294 Ft²
Days on Market
207 days
Land Size
0.33 acres
Price per sqft
$233
Property Type
House
Property Taxes
$787
HOA Dues
$13
Year Built
2007

Payment Calculator

Cap Rate Calculator

Last updated: 10 months ago (Stellar MLS #A4651763)

Price History

Date / Event Date Event Price
Dec 3, 2025 Sold
Sold
Nov 13, 2025 In contract -
In contract
Nov 5, 2025 Price Decreased $535,000
↓ $60K (10.1%)
Price Decreased
Jun 18, 2025 Price Decreased $595,000
↓ $45K (7%)
Price Decreased
Jun 4, 2025 Price Decreased $640,000
↓ $25K (3.8%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: 7
  • Building Quality: 9
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 465
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 111
  • Pool Type: 8
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 14,274
  • Total Building Area: 3,170
  • Gross Building Area: 3,170
  • Building Area: 2,294
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,294
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVERS REACH PHASE II
  • Land Acres: 0000000328
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOT 14 RIVERS REACH PHASE II PI#5161.0170/9

Neighborhood

  • School District Name: Manatee County School District
  • School Tax School District: MCPA&MCPS
  • Census Tract: 001913

Zoning

  • Zoning: PD-R

Geography

  • Assessors Map Reference: MAP 4D1314
  • Subdivision Tract Number: 00516100
  • Parcel: 5161-0170-9
  • Lot: 14
  • Meridian: SEC 14 TWN 34S RNG 19E
  • Municipality: UNINCORPORATED
  • Latitude: 27.525
  • Longitude: -82.3734

    Address

  • Full Address: 1542 Ormond Ter
  • Address - House Number: 1542
  • Address - Street Name: Ormond
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Parrish
  • Carrier Code: R007
  • 4-Digit Zip Code: 2742
  • Zip Code: 34219

Valuation

    Tax

  • Total Area: 2,294
  • Tax Year: 2021
  • Tax Amount: $646,580
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1899
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 625,798
  • High Value: 744,639
  • Low Value: 506,957

    Market Valuation

  • Market Total Value: $484,820
  • Market Land Value: $45,900
  • Market Improvement Value: $438,920

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $432,504

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 28, 2021
  • Current Sale Recording Date: Jul 30, 2021
  • Current Sale Price:
  • Current Sale Document Type: 21
  • Current Sale Input Document Number: 202141101218
  • Previous Sale Recording Date: Jul 28, 2021
  • Previous Sale Contract Date: Jul 28, 2021
  • Previous Sale Amount: $525,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Waters Edge


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 16454 Woodside Glen, PARRISH, FL, 34219

$2,995 /mo

  • 5 Beds
  • 3 Baths
  • 2,949 ft²
16454 Woodside Glen, PARRISH, FL, 34219 Listing by Brianne Bender


Frequently Asked Questions

When was property at 1542 Ormond Terrace built and last sold?
The property at 1542 Ormond Terrace was built in 2007 and last sold on Jul 28, 2021 for $505,000.
How much is this home worth?
The estimated value of the home located at 1542 Ormond Terrace is $0.
What are some comparable homes to 1542 Ormond Terrace?
There are currently no comparable homes to 1542 Ormond Terrace.