Neighborhood
11606 Water Poppy Ter, Lakewood Ranch, FL 34202
3 beds · 2 baths · 2,026 sq ft · Lot: 6,242 sq ft · Single Family Home · Last Sold: $239K in 2003 · Built: 2000
Est. Value:
$401K
Est. Rent:
$3.5K/month

11606 Water Poppy Ter Lakewood Ranch, FL 34202

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3 beds · 2 baths · 2,026 sq ft · Lot Size: 6,242 sq ft · Single Family Home · Riverwalk
Est. Property Value: $400,978

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11606 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 2026 sq ft with 3 bedrooms and 2 bathrooms and sits on a 6242 sq ft lot. According to public records, it was last sold in 2003 for $239,000 and has a tax-assessed value of $456,172, which is $198 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 11606 Water Poppy Ter Lakewood Ranch, FL 34202 with Property Intel by Whitepages.

Investment Potential for 11606 Water Poppy Ter

The property has a current estimated value of $400,978, which is 4% below the neighborhood median, based on public records. It last sold on May 30, 2003 for $239K. Projected long-term
is $42,000 annually ($3,500 per month) with a 81% occupancy rate.

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Long-Term

Gross Rental
$42,000 per year($3,500 per month)
Net Operating Income
Cap Rate
Occupancy Rate
81%in 34202 zip code
 
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Owners & Occupancy for 11606 Water Poppy Ter

This property is owned by Edmond D Kelly. Owner contact information includes 9 phone numbers and 5 email addresses.

Property Owners

Cell Phone(920) ***-****View Cell Phone
Residence*************
Landline(337) 365-4349
Distance from Property**********
Email Address*********@shaw.caView Email
Cell Phone(941) ***-****View Cell Phone
Residence******************
Landline(212) 799-2411
Distance from Property**********
Email Address********@msn.comView Email

Property Ownership Information

Purchase DateMay 30, 2003
Property Tax Amount$4,131 in 2024
Purchase Price$239,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1********** age 69
Resident 2************** age 61
Resident 3******************** age 26
Resident 4****************** age 63
Resident 5******************* age 62

Property Details for 11606 Water Poppy Ter

Property Details

Property Sq Ft

Living Area

2,026 sq ft

0% above market

Lot Size

6,242 sq ft

25% below market

Price Per Sq Ft

Living Area

$198 / sq ft

4% below market

Lot Size Area

$64 / sq ft

22% above market

Property condition, age, exterior, etc. for 11606 Wate…
Longitude: -82.426099 Latitude: 27.410492 Parcel Number (APN): 5872-0695-9…
Mortgage originated on through lender: Ohio Svgs Bk for$******View Mortgage Details
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Discover more single family homes near 11606 Water Poppy Ter in Lakewood Ranch, Florida. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 11606 Water Poppy Ter in Manatee County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$400,978
$352,849
$48,129 (14%)
$469,783
$92,383 (20%)
YoY Price Change
1.8%
-183%
Year Built
2000
1990
10 years
Living Space
2,026 sq ft
1,630 sq ft
396 (24%)
$ Per Living Sq Ft
$198
$217
-$19 (-9%)
Lot Size
6,242 sq ft
9,599 sq ft
-3357 (-35%)
$ Per Lot Sq Ft
$64
$40
$24 (59%)

Net Operating Income
$19,987
$9,333 (47%)
Annual Revenue
$42,000
$29,400
$12,600 (43%)
$9,588
$3,092 (32%)
Net Operating Income
$19,987
$9,333 (47%)
Cap Rate
5.67%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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