NOT LISTED FOR SALE

1280 Tree Bay Ln Sarasota, FL 34242

Estimated Value: $1,585,000 - $2,508,000

3 Beds
2 Baths
2,486 Sq Ft
$784/Sq Ft Est. Value

Last Sold October 24, 2013

Last sale price $570,000 $229 Per Sq Ft

Est. 242% increase in value since last sale

Current estimated payment $11,568/month

39 Days on Market

Highlights

  • Beach Access
  • Private Pool
  • Open Floorplan
  • Phillippi Shores Elementary School Rated A
  • Custom Home
  • Fruit Trees

About This Home

As of October 2013

Slip away to the beach for magnificent sunsets or an early morning stroll! This lovely 3 BR/2 B custom home has everything you need to live the ultimate tropical lifestyle including a 3-car garage, huge downstairs bonus room, studio and 2 storage areas are all finished and not included in the homes square footage. Room for everyone and their hobbies or collections! Entertain your friends on the large elevated deck with summer kitchen. Cool & shady covered lanai features inside garden area & leads to fenced yard. Trees galore! What a fantastic price for this Island Paradise!!!! ******The Grantee(s), or purchaser(s), of the Property may not re-sell, record an additional conveyance document, or otherwise transfer title to the Property within 60 days following the Grantor's execution of this Deed.

Last Agent to Sell the Property

Bill Howell

HOOK & LADDER REALTY INC License #0696031 Listed on: 08/15/2013

Last Buyer's Agent

Ron Noce

HORIZON REALTY INTERNATIONAL License #3046934

HORIZON REALTY INTERNATIONAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,231

Year Built

  • Built in 1988

Lot Details

  • 0.38 Acre Lot
  • Property fronts a private road
  • East Facing Home
  • Fruit Trees
  • Property is zoned RSF1

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Custom Home
  • Bi-Level Home
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,486 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Skylights
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Bonus Room
  • Inside Utility
  • Security System Owned
  • Eat-In Kitchen

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 3 Carport Spaces
  • Driveway

Pool

  • Private Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Water Access
  • Deck
  • Covered Patio or Porch

Location

  • Flood Zone Lot

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Community Details

  • Tortoise Estates Assoc. 941 346 3998 Association
  • Tortoise Estates Community
  • Tortoise Ests Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 0129090035

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,231

Year Built

Built in 1988

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco, Wood Frame
  • Fireplace: Yes
  • Living Area: 2486
  • Lot Size Acres: 0.38
  • New Construction: No
  • Year Built: 1988
  • Building Area Total: 6648
  • Lot Size Sq Ft: 16746
  • Status: Sold
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Subdivision Num: 1955
  • Call Center Phone Number: 888-998-9005
  • Ratio: Close Price\List Price: 1.07547
  • Price per Sq Ft: 229.28
  • Close to Original List Price Ratio: 0.91025
  • Ratio: Current Price\Building Area Total: 85.74
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2012
  • Special Features: 4116

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Central Vaccum, Eating Space In Kitchen, Open Floorplan, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Other
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Yn: Yes
  • Room Count: 8
  • Additional Rooms: Bonus Room, Family Room, Formal Dining Room Separate, Foyer, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Outdoor Shower
  • Roof: Shingle
  • Pool Private: Yes
  • Road Frontage Type: Private Road
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Water Access: Beach
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No

Garage/Parking

  • Carport Spaces: 3
  • Carport Y N: Yes
  • Parking Features: Driveway
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Association Name: TORTOISE ESTATES ASSOC. 941-346-3998
  • Association: Yes
  • Security: Security System Owned
  • Senior Community: No
  • S W Subdiv Condo Num: 140
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 100
  • Total Monthly Fees: 8.33

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0129090035
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Millage Rate: 13.4
  • Flood Zone Code: AE
  • Future Land Use: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2013-10-24T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 6231
  • Tax Book Number: 0024/0028
  • Tax Lot: 33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2013
Closed on
Oct 18, 2013
Sold by
The Bank Of New York Mellon
Bought by
Sarangi Hanif
Seller's Agent
Bill Howell
HOOK & LADDER REALTY INC
Buyer's Agent
Ron Noce
HORIZON REALTY INTERNATIONAL
List Price
$626,200
Sold Price
$570,000
Premium/Discount to List
-$56,200
-8.97%
Current Estimated Value
$1,948,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,378,414
Avg. Annual Appreciation
10.66%

Purchase Details

Closed on
Aug 9, 2013
Sold by
Milburn James
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Jan 24, 2006
Sold by
Milburn James and Milburn Patricia Janice
Bought by
Milburn James and Milburn Patricia Janice

Purchase Details

Closed on
Nov 3, 2005
Sold by
Milburn James and Milburn Patricia Janice
Bought by
Milburn James and Milburn Patricia Janice

Purchase Details

Closed on
Mar 29, 2005
Sold by
Driefer John L and Driefer Janice W
Bought by
Milburn James and Milburn Patricia Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,000
Interest Rate
5.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 1995
Sold by
Hagerty Crede D and Hagerty Helen E
Bought by
Driefer John L and Driefer Janice W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
9.2%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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
Sarangi Hanif $570,000 Attorney
The Bank Of New York Mellon $466,001 None Available
Milburn James -- Furlong Title
Milburn James -- --
Milburn James $795,000 Sunbelt Title Agency
Driefer John L $305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Milburn James $636,000
Previous Owner Driefer John L $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2013 10/24/13 Sold $570,000 +7.5% $229 / Sq Ft
09/24/2013 09/24/13 Pending -- -- --
09/13/2013 09/13/13 Price Changed $530,000 -6.5% $213 / Sq Ft
08/24/2013 08/24/13 Price Changed $567,100 -9.4% $228 / Sq Ft
08/15/2013 08/15/13 For Sale $626,200 -- $252 / 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 $16,087 $1,080,682 -- --
2023 $16,087 $1,581,000 $605,800 $975,200
2022 $13,687 $1,246,900 $401,000 $845,900
2021 $10,629 $830,000 $274,100 $555,900
2020 $9,628 $712,500 $264,900 $447,600
2019 $10,664 $823,100 $344,500 $478,600
2018 $9,437 $699,500 $344,500 $355,000
2017 $9,553 $696,400 $314,300 $382,100
2016 $9,278 $661,500 $311,100 $350,400
2015 $8,620 $595,000 $244,900 $350,100
2014 $8,123 $529,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bill Howell

    Seller's Agent in 2013

    Bill Howell

    HOOK & LADDER REALTY INC

    (941) 356-7530

    40 Total Sales

    Bill Howell
    Section Image
  • Ron Noce

    Buyer's Agent in 2013

    Ron Noce

    HORIZON REALTY INTERNATIONAL

    (941) 518-3952

    25 Total Sales

    Ron Noce
    Section Image
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Map

Source: Stellar MLS

MLS Number: A3982910

Stellar MLS

APN: 0129-09-0035

Florida Sarasota County Sarasota 34242

1280 Tree Bay Ln, Sarasota, FL

Not Listed for Sale

Detached

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