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6218 Watermark Drive

6218 Watermark Drive, Riverview, FL 33578
Sold Sep 19, 2018
$28,700,000
$21,760,000 by Cbre Capital Markets Inc
Mortgage Due Oct 01, 2025
Sold Sep 19, 2018
$13,649,600
Local assessors in Riverview, FL have categorized 6218 Watermark Drive as a residential type of property. The home was built in 1990 and is 34 years old. It was most recently renovated and altered in 2006. The property's lot size has been calculated to be 709,212 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 213 rooms in the home. Of these, 34 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 28 full bathrooms. There are also 28 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 6218 Watermark Drive has a total of 178,972 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a gable or hip style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Sep 10, 2018 for $28,700,000. That's $160.36 per sqft. Prior to that sales transaction, the property was also sold in Sep 13, 2018 for $13,649,600. 6218 Watermark Drive was last assessed in 2023. The total value of the property was assessed at $33,772,400. Specifically, the land the property is located on was valued at $2,040,000. While improvements on the property were assessed at a total of $31,732,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $542,351. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 2006
  • Building Count: 18
  • Total Rooms: 213
  • Bedroom Count: 34
  • Bathroom Count: 28
  • Full Bathrooms: 28
  • Partial Bathrooms: 28
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Multifamily
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 12
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Built-in
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 709,212
  • Total Building Area: 178,972
  • Gross Building Area: 213,200
  • Building Area: 178,972
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 178,972
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UNPLATTED
  • Land Acres: 16.281
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: TRACT BEG AT SE COR OF NE 1/4 THN N 728.21 FT AND W 93 FT TO A PT ON A CURVE AND POB THN SWLY 39.28 FT ALG ARC OF CURVE TO RIGHT W/RAD OF 25 FT AND C/A OF 90 DEG CHD BRG S 44 DEG W 35.36 FT TO A PT OF TANGENCY THN W 611.32 FT N 1120.57 FT E 635.89 FT

Ownership

  • Current Owner : RRE KENSINGTON HOLDINGS LLC
  • Previous Owner : MWB INVESTMENTS LLC
  • Owner Before Previous Owner: KENSINGTON PROPERTY HOLDINGS LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hillsborough County School District
  • Census Tract: 013410

Zoning

  • Zoning: PD

Geography

  • Assessors Map Reference: 1-D
  • Subdivision Tract Number: ZZZ
  • Parcel: 073992-0400
  • Block: 2
  • Lot: 82470
  • Meridian: SEC 08 TWN 30S RNG 20E
  • Municipality: UNICORPORATED
  • Latitude: 27.89
  • Longitude: -82.3199

    Address

  • Full Address: 6218 Watermark Dr
  • Address - House Number: 6218
  • Address - Street Name: Watermark
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Riverview
  • Carrier Code: R037
  • 4-Digit Zip Code: 3922
  • Zip Code: 33578

Valuation

    Tax

  • Total Area: 193,607
  • Tax Year: 2023
  • Tax Amount: $542,351
  • Tax Rate Code Area: U

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $21,760,000
  • First Open Lien Mortgage Lender: CBRE CAPITAL MARKETS INC
  • First Open Lien Mortgage Recording Date: Sep 19, 2018
  • First Open Lien Mortgage Loan Amount: $21,760,000
  • First Open Lien Mortgage Term: 84
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2025

    Market Valuation

  • Market Total Value: $33,772,400
  • Market Land Value: $2,040,000
  • Market Improvement Value: $31,732,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,772,400
  • Assessed Land Value: $2,040,000
  • Assessed Improvements Value: $31,732,400

    Sales

  • Current Sale Contract Date: Sep 10, 2018
  • Current Sale Recording Date: Sep 19, 2018
  • Current Sale Transaction ID: 11509041725
  • Current Sale Price: $28,700,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2018379665
  • Previous Sale Recording Date: Sep 19, 2018
  • Previous Sale Contract Date: Sep 13, 2018
  • Previous Sale Amount: $13,649,600
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CBRE CAPITAL MARKETS INC
  • First Mortgage Transaction Date: Sep 19, 2018
  • First Mortgage Loan Amount: $21,760,000
  • First Mortgage Terms: 84
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Oct 01, 2025

About Riverview



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Frequently Asked Questions

What neighborhood is 6218 Watermark Drive located in?
The 6218 Watermark Drive is a located in the neighborhood of Wimauma-Riverview in Riverview, Riverview.
What is the average sales price for listings in 6218 Watermark Drive?
The average sales price for units in 6218 Watermark Drive is $0 currently.

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