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16318 Foremast Place

16318 Foremast Place, Bradenton, FL 34202
Property in Lakewood Ranch
Sold Mar 31, 2021
$2,000,000
$1,000,000 by Jpmorgan Chase Bank Na
Mortgage Due Apr 01, 2036
Sold Nov 30, 2012
$1,250,000
16318 Foremast Place has been categorized by the local assessors in Bradenton, FL as a residential type of property. The building on the property was first built in 2009 and is 15 years old. However, we must point out that the home was most recently renovated and altered in 2013. The home has a total of 5 bedrooms. Residents will have access to 6 full bathrooms. There are 7 partial bathrooms in the home. The building has a total of 2 stories. In addition, 16318 Foremast Place has 6,068 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 24,251 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 869 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as excellent. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The building has a gable or hip style roof made of concrete. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 16318 Foremast Place was last sold in Mar 24, 2021 for $2,000,000. According to our calculations, that's $241.31 per sqft. Prior to that sales transaction, the property was sold for $1,250,000 in Nov 14, 2012. Current property owners are expected to pay $21,714 in taxes per year. The property on 16318 Foremast Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,596,297. To break that down further, the land itself was valued at $306,000. While improvements to the property were assessed at a total of $2,290,297. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Bathroom Plumbing Fixtures: 26
  • Building Condition: Excellent
  • Building Quality: A
  • Construction Type: Masonry
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 869
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 24,251
  • Total Building Area: 8,288
  • Gross Building Area: 8,288
  • Building Area: 6,068
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 6,068
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE CLUB PHASE I
  • Land Acres: 0.557
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 39 LAKE CLUB PHASE I PI#5888.0695/9

Ownership

  • Current Owner : PAN STATES PROPERTIES INVESTMENTS LLC
  • Previous Owner : BEN ARIE REUBEN
  • Previous Owner 2: BEN ARIE SARAH
  • Owner Before Previous Owner: BROOKFIELD RELOCATION INC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Manatee County School District
  • School Tax School District: MCPA&MCPS
  • Census Tract: 002022

Zoning

  • Zoning: PD-MU

Geography

  • Assessors Map Reference: MAP 5D3536
  • Subdivision Tract Number: 00588800
  • Parcel: 5888-0695-9
  • Lot: 39
  • Meridian: SEC 35 TWN 35S RNG 19E
  • Municipality: UNINCORPORATED
  • Latitude: 27.3912
  • Longitude: -82.3749

    Address

  • Full Address: 16318 Foremast Pl
  • Address - House Number: 16318
  • Address - Street Name: Foremast
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Lakewood Ranch
  • Carrier Code: H093
  • 4-Digit Zip Code: 2141
  • Zip Code: 34202

Valuation

    Tax

  • Total Area: 1,970
  • Tax Year: 2021
  • Tax Amount: $21,714
  • Tax Rate Code Area: 310

    Appraisal Valuation

  • Standard Deviation: 0.1768
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 77
  • Final Value: 2,803,183
  • High Value: 3,298,922
  • Low Value: 2,307,444

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Mar 31, 2021
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2036

    Market Valuation

  • Market Total Value: $2,596,297
  • Market Land Value: $306,000
  • Market Improvement Value: $2,290,297

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,596,297
  • Assessed Land Value: $306,000
  • Assessed Improvements Value: $2,290,297

    Sales

  • Current Sale Contract Date: Mar 24, 2021
  • Current Sale Recording Date: Mar 31, 2021
  • Current Sale Transaction ID: 11830824294
  • Current Sale Price: $2,000,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202141041747
  • Previous Sale Recording Date: Nov 30, 2012
  • Previous Sale Contract Date: Nov 14, 2012
  • Previous Sale Amount: $1,250,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Mar 31, 2021
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2036

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Frequently Asked Questions

What neighborhood is 16318 Foremast Place located in?
The 16318 Foremast Place is a located in the neighborhood of Lakewood Ranch in Lakewood Ranch, Bradenton.
What is the average sales price for listings in 16318 Foremast Place?
The average sales price for units in 16318 Foremast Place is $0 currently.

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