Neighborhood
11515 Water Poppy Ter, Lakewood Ranch, FL 34202
3 beds · 2 baths · 1,873 sq ft · Lot: 6,395 sq ft · Single Family Home · Last Sold: $285K in 2020 · Built: 2000
Est. Value:
$387K
Est. Rent:
$3.5K/month

11515 Water Poppy Ter Lakewood Ranch, FL 34202

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3 beds · 2 baths · 1,873 sq ft · Lot Size: 6,395 sq ft · Single Family Home · Riverwalk
Est. Property Value: $387,030

High Demand Long-Term RentalOwned for Less Than 5 YearsOwner Age 35 - 45

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11515 Water Poppy Ter is in the Riverwalk neighborhood of Lakewood Ranch, FL. It is located in Manatee County and ZIP code 34202. This Single Family Home was built in 2000 and is approximately 25 years old. The single family home spans 1873 sq ft with 3 bedrooms and 2 bathrooms and sits on a 6395 sq ft lot. According to public records, it was last sold in 2020 for $285,000 and has a tax-assessed value of $431,996, which is $207 per sq ft. The Riverwalk area of Lakewood Ranch has 189 residential homes with an average size of 2029 sq ft. Analyze and compare real estate investment strategies for properties like this home at 11515 Water Poppy Ter Lakewood Ranch, FL 34202 with Property Intel by Whitepages.

Investment Potential for 11515 Water Poppy Ter

The property has a current estimated value of $387,030, which is 7% below the neighborhood median, based on public records. It last sold on June 22, 2020 for $285K. Projected long-term
is $42,000 annually ($3,500 per month) with a 81% occupancy rate.

Discover more Single Family Homes in Riverwalk.
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Long-Term

Gross Rental
$42,000 per year($3,500 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
81%in 34202 zip code
 
View Rental Potential

Owners & Occupancy for 11515 Water Poppy Ter

This property is owned by Michelle E Libby. Owner contact information includes 1 phone number and 1 email address.

Property Owners

Residence******************
Landline(630) 717-6036
Distance from Property**********
Email Address***************@gmail.comView Email
View All Owner Info

Property Ownership Information

Purchase DateJune 22, 2020
Property Tax Amount$5,292 in 2024
Purchase Price$285,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1**************** age 38

Property Details for 11515 Water Poppy Ter

Property Details

Property Sq Ft

Living Area

1,873 sq ft

8% below market

Lot Size

6,395 sq ft

24% below market

Price Per Sq Ft

Living Area

$207 / sq ft

0% above market

Lot Size Area

$61 / sq ft

15% above market

Property condition, age, exterior, etc. for 11515 Wate…
Longitude: -82.426925 Latitude: 27.410968 Parcel Number (APN): 5872-0885-9…
Mortgage originated on through lender: Loandepot Com Llc for$******View Mortgage Details
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    11607 Water Poppy Ter, Lakewood Ranch, FL 34202

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    3 beds · 2 baths · 1,933 sq ft · Last Sold: $201,800 in 2009 · Built: 2001

Market Benchmarks

Compare data for 11515 Water Poppy Ter in Manatee County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$387,030
$352,849
$34,181 (10%)
$******
$469,783
$72,828 (16%)
YoY Price Change
****%
1.8%
-128%
Year Built
2000
1990
10 years
Living Space
1,873 sq ft
1,630 sq ft
243 (15%)
$ Per Living Sq Ft
$207
$217
-$10 (-5%)
Lot Size
6,395 sq ft
9,599 sq ft
-3204 (-33%)
$ Per Lot Sq Ft
$61
$40
$20 (50%)

Net Operating Income
$*****
$19,987
$8,272 (41%)
Annual Revenue
$42,000
$29,400
$12,600 (43%)
$*****
$9,588
$4,153 (43%)
Net Operating Income
$*****
$19,987
$8,272 (41%)
Cap Rate
****%
5.67%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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