1403 Cedar Bay Ln Sarasota, FL 34231
The Landings NeighborhoodEstimated Value: $1,726,000 - $1,951,000
5
Beds
3
Baths
3,560
Sq Ft
$511/Sq Ft
Est. Value
Highlights
- Access To Intracoastal Waterway
- Heated In Ground Pool
- Gated Community
- Phillippi Shores Elementary School Rated A
- Fishing
- Creek or Stream View
About This Home
As of October 2022Located in The Cloisters section of The Landings, a sought after, gated community “West Of The Trail”, this lovely, two-story residence provides seclusion and privacy while being just minutes from all the best that Sarasota has to offer. Oak trees frame the driveway and highlight the serene natural beauty surrounding the sizable, more that 3500 square foot home. This five-bedroom residence offers a stylish, and comfortable estate with fabulous design details to enhance family living, friendly gatherings and quiet relaxation. Enter through the double glass doors and enjoy the formal living room which flows effortlessly to the formal dining room and family room with a delightful wood burning fireplace, custom molding and a custom built in bookcase. Relax in the first-floor primary suite located apart from the main living areas and appointed with an expansive walk-in closet and spa-inspired bathroom with soaking tub, dual sinks and glass shower. The spacious kitchen features a center island, breakfast area and opens to the screened lanai surrounded by lush tropical foliage with heated pool, spa and separate pool bath. The first floor also includes an enchanting guest suite, full bath, office and magical sunroom perfect for morning coffee and reflection. The second floor offers three guest suites, two and a half baths, large closets and plenty of climate controlled storage. A 3-car garage provides ample room for cars and toys. Optional membership is available at The Landings Racquet Club which has an active tennis program with 8 clay courts, a heated Olympic size swimming pool, fitness room and social activities. The Landings is a wonderful, established neighborhood with a 24-hour guard gate, winding, tree lined streets, a variety of architectural styles, and a nature trail with fishing pier and kayak launch along the intracoastal waterway. All this located just a few miles South of downtown Sarasota and a short drive to the world-famous Siesta Key Beach. Come enjoy the Florida home you have been waiting for.
Last Agent to Sell the Property
MICHAEL SAUNDERS & COMPANY License #0575690 Listed on: 08/19/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,745
Year Built
- Built in 1991
Lot Details
- 0.32 Acre Lot
- South Facing Home
- Irrigation
- Property is zoned RSF1
HOA Fees
- $161 Monthly HOA Fees
Parking
- 3 Car Attached Garage
Home Design
- Bi-Level Home
- Slab Foundation
- Wood Frame Construction
- Metal Roof
- Block Exterior
- Stucco
Interior Spaces
- 3,560 Sq Ft Home
- Built-In Features
- Chair Railings
- Ceiling Fan
- Awning
- French Doors
- Family Room
- Living Room
- Dining Room
- Creek or Stream Views
Kitchen
- Eat-In Kitchen
- Built-In Convection Oven
- Cooktop
- Dishwasher
- Wine Refrigerator
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- En-Suite Bathroom
- Walk-In Closet
- 3 Full Bathrooms
- Bathtub With Separate Shower Stall
Pool
- Heated In Ground Pool
- In Ground Spa
- Gunite Pool
- Pool Lighting
Outdoor Features
- Access To Intracoastal Waterway
- Limited Water Access
- Exterior Lighting
Schools
- Phillippi Shores Elementary School
- Brookside Middle School
- Riverview High School
Utilities
- Central Air
- Heating Available
- Electric Water Heater
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 1
- Assessor Parcel Number 0083150039
Community Details
Overview
- Association fees include 24-Hour Guard, private road
- Argus Property Mgmt Association, Phone Number (941) 377-3419
- Visit Association Website
- Secondary HOA Phone (941) 377-3419
- Cloisters At The Landings The Community
- Landings / Cloisters Subdivision
- The community has rules related to deed restrictions
Recreation
- Fishing
- Trails
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 19, 2022
Closed on
Oct 4, 2022
Sold by
Agren Stephen D and Agren Elizabeth M
Bought by
Semmes John G and Semmes Maura E
Seller's Agent
Judy Nimz
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Lenore Treiman
MICHAEL SAUNDERS & COMPANY
List Price
$1,900,000
Sold Price
$1,860,000
Premium/Discount to List
-$40,000
-2.11%
Total Days on Market
7
Views
13
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,671
Avg. Annual Appreciation
-3.97%
Purchase Details
Listed on
Nov 21, 2020
Closed on
Mar 30, 2021
Sold by
Hollingsworth Judith and Judith Hollingsworth Trust
Bought by
Agren Stephen D and Agren Elizabeth M
Seller's Agent
Stephanie Church
COLDWELL BANKER REALTY
Buyer's Agent
Alison Elizalde
MICHAEL SAUNDERS & COMPANY
List Price
$900,000
Sold Price
$925,000
Premium/Discount to List
$25,000
2.78%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.82%
Original Mortgage
$625,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 11, 2020
Sold by
Hollingsworth Judith M
Bought by
Hollingsworth Judith and Judith Hollingsworth Trust
Purchase Details
Closed on
Jul 14, 2016
Sold by
Pearson Brooke and Pearson Kathleen
Bought by
Agren Stephen D and Agren Elizabeth M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Nov 4, 2011
Closed on
Jan 17, 2012
Sold by
Rudman Burton L and Rudman Judith Joshel
Bought by
Hollingsworth Fred and Hollingsworth Judith M
Seller's Agent
Tara Lamb
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Jason Silverstein
BUDGET REALTY OF SARASOTA
List Price
$700,000
Sold Price
$700,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%
Purchase Details
Closed on
Jun 1, 2009
Sold by
Rudman Burton L and Joshel Judith
Bought by
Rudman Burton L and Rudman Judith Joshel
Purchase Details
Closed on
May 22, 2006
Sold by
Aycock Howard H and Aycock Scotty H
Bought by
Rudman Burton L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$647,500
Interest Rate
6.41%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jun 15, 1993
Sold by
Balistreri Thomas W and Balistreri Mary P
Bought by
Aycock Howard H and Aycock Scotty H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
7.42%
Similar Homes in Sarasota, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Semmes John G | $1,860,000 | -- | |
| Agren Stephen D | $925,000 | Attorney | |
| Hollingsworth Judith | -- | Attorney | |
| Agren Stephen D | $435,714 | None Available | |
| Hollingsworth Fred | $700,000 | Attorney | |
| Rudman Burton L | $312,700 | Attorney | |
| Rudman Burton L | $980,000 | Riddelltitle & Escrow Llc | |
| Aycock Howard H | $495,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Agren Stephen D | $625,000 | |
| Previous Owner | Agren Stephen D | $417,000 | |
| Previous Owner | Rudman Burton L | $647,500 | |
| Previous Owner | Aycock Howard H | $330,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/04/2022 10/04/22 | Sold | $1,860,000 | -2.1% | $522 / Sq Ft |
| 08/27/2022 08/27/22 | Pending | -- | -- | -- |
| 08/19/2022 08/19/22 | For Sale | $1,900,000 | +105.4% | $534 / Sq Ft |
| 04/01/2021 04/01/21 | Sold | $925,000 | +2.8% | $260 / Sq Ft |
| 11/22/2020 11/22/20 | Pending | -- | -- | -- |
| 11/21/2020 11/21/20 | For Sale | $900,000 | +28.6% | $253 / Sq Ft |
| 01/17/2012 01/17/12 | Sold | $700,000 | 0.0% | $197 / Sq Ft |
| 12/13/2011 12/13/11 | Pending | -- | -- | -- |
| 11/04/2011 11/04/11 | For Sale | $700,000 | -- | $197 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $15,999 | $1,389,779 | -- | -- |
| 2023 | $15,999 | $1,349,300 | $467,200 | $882,100 |
| 2022 | $11,745 | $941,900 | $342,100 | $599,800 |
| 2021 | $8,265 | $665,839 | $0 | $0 |
| 2020 | $8,308 | $656,646 | $0 | $0 |
| 2019 | $8,059 | $641,883 | $0 | $0 |
| 2018 | $7,901 | $629,915 | $0 | $0 |
| 2017 | $7,872 | $616,959 | $0 | $0 |
| 2016 | $7,856 | $749,100 | $313,500 | $435,600 |
| 2015 | $8,001 | $642,000 | $191,800 | $450,200 |
| 2014 | $7,973 | $586,509 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Judy Nimz
Seller's Agent in 2022
Judy Nimz
Michael Saunders
(941) 374-0196
2 in this area
129 Total Sales
-
Alison Elizalde
Seller Co-Listing Agent in 2022
Alison Elizalde
Michael Saunders
(941) 928-9217
5 in this area
59 Total Sales
-
Lenore Treiman
Buyer's Agent in 2022
Lenore Treiman
Michael Saunders
(941) 356-9642
8 in this area
149 Total Sales
-
Stephanie Church
Seller's Agent in 2021
Stephanie Church
COLDWELL BANKER REALTY
9 in this area
96 Total Sales
-
Tara Lamb
Seller's Agent in 2012
Tara Lamb
Michael Saunders
(941) 266-4873
49 in this area
69 Total Sales
-
Judy Greene
J
Seller Co-Listing Agent in 2012
Judy Greene
Michael Saunders
46 in this area
62 Total Sales
Map
Source: Stellar MLS
MLS Number: A4545558
APN: 0083-15-0039
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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