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7646 Tralee Way
Bradenton, FL 34202
$1,599,000
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
3730
Property Description
Price Improvement!! Motivated Seller!! Bring offers!!! This beautiful, fully renovated, just over the last 2 years, home in the Sanctuary in River Club is a designer's dream. This owner did not miss a detail in this renovation. Every inch of space has elegant designer touches with a very neutral palette. This home has 4 bedrooms, 3 bathrooms and an office on the first floor. The second floor has a large bonus room, den and theater room. Situated on a beautiful large corner lot at a dead end street with mature landscaping and a preserve view create a lot of privacy. This home has had many recent updates inside and outside in the last 2 years including two HVAC units, landscape lighting, interior and exterior all repainted, all windows (except the aquarium windows) and doors replaced with hurricane rated windows and hurricane rated garage doors and motors, roof pressure cleaned January 2024. New pool pump, brand new pool gas heater installed, January 2024, pool resurfaced and new tiles, new pavers and an outdoor kitchen, hot water heater, all three bathrooms completely renovated and all new engineered hard wood flooring on the first floor except 2 bedrooms which have new carpet and the second floor has all new carpet. The kitchen boasts stunning custom cabinetry to the ceiling with tons of storage with all new lighting, fixtures and plumbing. All stainless steel appliances which includes the Monogram series for the refrigerator and gas stove. You are greeted with a light and bright view overlooking the lanai and pool area upon entering. The open floorpan allows for family gatherings and entertaining. Next to the kitchen is a laundry room with large built in cabinets, sink and new washer and dryer. The family room includes built-in shelving and a gas fireplace with large doors going to the lanai and pool area. The owner's suite is on the first floor and includes a customized walk-in closet with built-in shelving. The bathroom has dual vanities and a large tub and a gorgeous walk-in shower. Also, on the first floor there are three guest rooms , two bathrooms and an office. The office has double doors and big windows with a lovely view of the outside. The second floor features a large bonus room, a theater room and a den and includes new carpeting and a large sliding glass door onto the balcony. You will enjoy sitting by the heated pool and spa and admire the peaceful views of the preserve. The River Club is conveniently located near I-75, Lakewood Ranch Main Street, shopping, dining, nature trails and more. The River Club has a beautiful 18-hole golf course that is privately owned and operated and open to the public. The River Club golf club is public. The HOA fees are low and NO CDD.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2005
MLS Number
A4594106
Location
Address
7646 TRALEE WAY
City
BRADENTON
State
FL
Zip Code
34202
County
MANATEE (SOUTH)
Listing
Provider
FINE Properties, original listing
Name
FINE Properties
Phone
(941) 782-0000
Office Name
FINE PROPERTIES
Office Phone
(941) 782-0000
Agent Name
Janet Becher

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.