NOT LISTED FOR SALE

1088 Tocobaga Ln Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $2,139,000 - $2,713,648

3 Beds
3.5 Baths
3,581 Sq Ft
$667/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $1,425,000 $398 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $16,143/month

193 Days on Market

Highlights

  • Access to Bay or Harbor
  • Heated In Ground Pool
  • Gated Community
  • Booker High School Rated A-
  • Full Bay or Harbor Views
  • Living Room with Fireplace

About This Home

As of October 2020

This gated enclave of only 9 homes surrounded in ancient oaks possesses the most desirable feature in the real estate market today: it’s proximity to downtown Sarasota. This John Cannon custom built home could be imagined in Santa Barbara, CA with a cool Spanish Colonial vibe and open and inviting interiors. Built in 2016, this home is in like-new model condition. Featured on the first level is a great room with 17’ beamed cathedral ceilings, a signature gas fireplace, a sitting room perfect for cozy reading days, and an office/study. The kitchen is generously appointed with KitchenAid appliances, abundant storage, solid wood cabinets, stone backsplashes and granite countertops. The family-friendly island and multiple workspaces create the perfect recipe for entertaining. Alongside is a wine alcove with refrigeration and display shelving. The master retreat is serene with spa-like views through the French doors overlooking the pool and has an oversized custom closet and a master bath to die for with a deep soaking tub, an oversized aquarium glass shower and dual vanities. Guests will never want to leave when you show them the 2nd level with 2-bedroom suites, a gathering room and a beautiful terrace overlooking the pool. There is an elevator shaft if an elevator is desired. Two car-garage. The heated pool is saltwater filtrated w/quick access to the powder bath. A pool-side outdoor “living room” with a summer kitchen is a focal point for entertaining. This home is what today’s buyers desire.

Last Agent to Sell the Property

Kim Ogilvie

MICHAEL SAUNDERS & COMPANY License #0412475 Listed on: 02/13/2020

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Lori Madden

MANGROVE REALTY ASSOCIATES License #0539452

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,644

Year Built

  • Built in 2016

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 100x154
  • Street terminates at a dead end
  • North Facing Home
  • Mature Landscaping
  • Metered Sprinkler System
  • Property is zoned RSF1

HOA Fees

  • $167 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Stem Wall Foundation
  • Wood Frame Construction
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 3,581 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Shades
  • Drapes & Rods
  • French Doors
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Inside Utility
  • Full Bay or Harbor Views

Kitchen

  • Built-In Convection Oven
  • Range with Range Hood
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Storm Windows

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Saltwater Pool
  • Pool Alarm
  • Pool Lighting

Outdoor Features

  • Access to Bay or Harbor
  • Rip-Rap
  • Covered patio or porch
  • Exterior Lighting
  • Outdoor Grill

Location

  • Flood Zone Lot

Utilities

  • Zoned Heating and Cooling
  • Natural Gas Connected
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include private road
  • Tocobaga Bay Hoa/Howard Akey Association
  • Tocobaga Bay Community
  • Tocobaga Bay Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,644

Year Built

Built in 2016

Lot Details

0

HOA Fees

$167 per month

Parking

3

Listing Details

  • HOA Fee Includes: Private Road
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Wood Frame
  • Fireplace: Yes
  • Living Area: 3581
  • Lot Size Acres: 0.35
  • New Construction: No
  • Year Built: 2016
  • Building Area Total: 5456
  • Lot Size Sq Ft: 15395
  • Directions to Property: From US 41, turn west onto Hampton Rod, turn right on Palmetto Lane. Gate to Tocobaga Lane is on the left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4459829?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4459829?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Subdivision Num: 2470
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.95318
  • Price per Sq Ft: 397.93
  • Close to Original List Price Ratio: 0.89342
  • Ratio: Current Price\Building Area Total: 261.18
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Fireplace Features: Gas, Living Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), High Ceiling(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
  • Foundation Details: Stem Wall
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Yn: No
  • Stories: 2
  • Window Features: Drapes, Shades, Storm Window(s)
  • Street Number Modifier: 1088
  • Room Count: 8
  • Additional Rooms: Den/Library/Office, Family Room, Inside Utility
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: North
  • Pool Features: Gunite, Heated, In Ground, Lighting, Pool Alarm, Salt Water
  • Exterior Features: French Doors, Irrigation System, Lighting, Outdoor Grill, Sprinkler Metered
  • Roof: Tile
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End
  • Water Body Name: Sarasota Bay
  • Waterfront: No
  • Patio and Porch Features: Covered, Rear Porch
  • Water View: Bay/Harbor - Partial
  • Water Access: Bay/Harbor
  • Water Extras: Riprap
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Oversized
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
  • Cooling: Central Air, Zoned
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community, Water Access
  • Association Fee: 2000
  • Association Fee Frequency: Annually
  • Association Name: Tocobaga Bay HOA/Howard Akey
  • Association: Yes
  • Security: Gated Community, Security System Owned
  • Senior Community: No
  • Association Email: hakey616@comcast.net
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 2000
  • Monthly HOA Fee: 166.67
  • Total Monthly Fees: 166.67

Lot Info

  • Zoning: RSF1
  • Parcel Number: 2007010041
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Lot Dimensions: 100x154
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 6 Months
  • Approval Process: Approval required
  • Num Timesper Year: 1
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Lease restrictions

Tax Info

  • Tax Annual Amount: 15644
  • Tax Book Number: 34-50
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2020
Closed on
Oct 15, 2020
Sold by
Mckenzie Cheryl
Bought by
Mattioli Joseph and Weber Teresa
Seller's Agent
Kim Ogilvie
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Lori Madden
MANGROVE REALTY ASSOCIATES
List Price
$1,595,000
Sold Price
$1,425,000
Premium/Discount to List
-$170,000
-10.66%
Current Estimated Value
$2,647,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,222,574
Avg. Annual Appreciation
13.21%

Purchase Details

Closed on
Jul 29, 2014
Sold by
Df Investments Of Sarasota Inc
Bought by
Mckenzie Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
3.87%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 28, 1998
Sold by
Clerk Circuit Court
Bought by
D F Inv Of Sarasota Inc
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mattioli Joseph $1,425,000 Attorney
Mckenzie Cheryl $270,000 Attorney
D F Inv Of Sarasota Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mattioli Joseph $1,200,000
Previous Owner Mckenzie Cheryl $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $1,425,000 -4.7% $398 / Sq Ft
08/23/2020 08/23/20 Pending -- -- --
06/19/2020 06/19/20 Price Changed $1,495,000 -6.3% $417 / Sq Ft
02/12/2020 02/12/20 For Sale $1,595,000 -- $445 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $17,756 $1,240,355 -- --
2023 $17,756 $1,204,228 $0 $0
2022 $17,325 $1,169,153 $0 $0
2021 $17,457 $1,135,100 $310,900 $824,200
2020 $16,592 $1,013,000 $275,800 $737,200
2019 $16,296 $997,000 $258,400 $738,600
2018 $16,614 $1,013,900 $243,700 $770,200
2017 $16,229 $970,880 $0 $0
2016 $3,233 $194,900 $194,900 $0
2015 $3,431 $202,400 $202,400 $0
2014 $3,460 $202,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Ogilvie

    Seller's Agent in 2020

    Kim Ogilvie

    Michael Saunders

    (941) 376-1717

    29 in this area

    118 Total Sales

    Section Image
  • Lori Madden

    Buyer's Agent in 2020

    Lori Madden

    MANGROVE REALTY ASSOCIATES

    (941) 780-8443

    2 in this area

    43 Total Sales

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Map

Source: Stellar MLS

MLS Number: A4459829

Stellar MLS

APN: 2007-01-0041

Florida Sarasota County Sarasota 34236 Downtown Sarasota

1088 Tocobaga Ln, Sarasota, FL

This home is located at 1088 Tocobaga Ln, Sarasota, FL 34236 since 13 February 2020 and is currently estimated at $2,389,662, approximately $667 per square foot. This property was built in 2016. 1088 Tocobaga Ln is a home located in Sarasota County with nearby schools including Gocio Elementary School, Booker Middle School, and Booker High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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