NOT LISTED FOR SALE

Estimated Value: $4,854,856 - $7,284,000

6 Beds
4.5 Baths
5,285 Sq Ft
$1,143/Sq Ft Est. Value

Last Sold November 21, 2014

Last sale price $2,050,000 $388 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $36,202/month

327 Days on Market

Highlights

  • Intracoastal View
  • Solar Heated Indoor Pool
  • 0.76 Acre Lot
  • Southside Elementary School Rated A
  • Custom Home
  • Open Floorplan

About This Home

As of November 2014

A beautiful and unique Cherokee Park home. The first time this home has been available for sale. This magnificent two story home has Bay views from the Master bedroom outside deck. The expansive backyard has room for quaint settings by the fireplace or under the canopy. The open air saltwater pool and spa (both solar and gas heated) blend perfectly with the newly landscaped yard. This is one of the largest lots available in Cherokee Park. The large front porch lures you into the foyer through the front door. Top of the line touches throughout the home along with the three fireplaces add to the ambiance this home offers. Plenty of room for family and guests with the six available bedrooms and a laundry room on each floor. A perfect home for entertaining and many quaint areas for relaxing. This home is centrally located to the hospital, downtown, beaches, Southside village, Southside school and the Ringling bridge.

Last Agent to Sell the Property

Janet Trefry

RE/MAX ALLIANCE GROUP License #3013947 Listed on: 10/24/2013

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Patrick Dipinto, III

COLDWELL BANKER REALTY License #3207959

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,596

Year Built

  • Built in 1994

Lot Details

  • 0.76 Acre Lot
  • North Facing Home
  • Property is zoned RSF1

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway
  • Open Parking

Home Design

  • Custom Home
  • Bi-Level Home
  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 5,285 Sq Ft Home
  • Open Floorplan
  • Bar Fridge
  • Dry Bar
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Inside Utility
  • Intracoastal Views
  • Security System Owned
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Double Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Solar Heated Indoor Pool
  • Saltwater Pool
  • Vinyl Pool
  • Outside Bathroom Access
  • Pool Tile

Location

  • City Lot

Schools

  • Southside Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Optional Additional Fees
  • Cherokee Park Community
  • Cherokee Park 2 Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Legal Lot and Block 1 / H
  • Assessor Parcel Number 2038140002

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,596

Year Built

Built in 1994

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 5285
  • Lot Size Acres: 0.76
  • New Construction: No
  • Year Built: 1994
  • Building Area Total: 7037
  • Lot Size Sq Ft: 33150
  • Directions to Property: 41 to west on Webber street. Left on Osprey to first left on North drive
  • Status: Sold
  • Homestead Y N: Yes
  • Total Acreage: 1/2 to less than 1
  • Home Warranty Y N: No
  • Subdivision Num: 0620
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.8952
  • Price per Sq Ft: 387.89
  • Close to Original List Price Ratio: 0.74545
  • Ratio: Current Price\Building Area Total: 291.32
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Living Room, Master Bedroom, Other Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Attic, Ceiling Fans(s), Crown Molding, Dry Bar, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Bar Fridge, Built-In Oven, Dishwasher, Disposal, Double Oven, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 6
  • Levels: Two
  • Window Features: Blinds
  • Street Number Modifier: 1524
  • Room Count: 12
  • Additional Rooms: Attic, Den/Library/Office, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Pool Features: Heated, Indoor, Outside Bath Access, Salt Water, Solar Heat, Tile, Vinyl
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View: Intracoastal Waterway
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage Door Opener, Garage Faces Rear, Garage Faces Side
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Optional Additional Fees
  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Association: No
  • Security: Security System Owned
  • Senior Community: No
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 300
  • Monthly HOA Fee: 25
  • Total Monthly Fees: 25

Schools

  • Elementary School: Southside Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF1
  • Parcel Number: 2038140002
  • Additional Parcels: No
  • Lot Features: City Lot, Sidewalk
  • Millage Rate: 16.74
  • Flood Zone Code: AE
  • Future Land Use: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 17596
  • Tax Block: H
  • Tax Book Number: 0002/0156
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2013
Closed on
Nov 21, 2014
Sold by
Finazzo Michael S and Finazzo Maria F
Bought by
Fernandez Decastro Jose Miguel Fernandez and Fernandez De Castro Jamie B
Seller's Agent
Janet Trefry
RE/MAX ALLIANCE GROUP
Buyer's Agent
Patrick Dipinto, III
COLDWELL BANKER REALTY
List Price
$2,750,000
Sold Price
$2,050,000
Premium/Discount to List
-$700,000
-25.45%
Current Estimated Value
$6,042,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,992,952
Avg. Annual Appreciation
11.04%
Original Mortgage
$1,000,000
Outstanding Balance
$730,011
Interest Rate
2.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$5,600,067

Purchase Details

Closed on
Dec 1, 1993
Sold by
Scott Thomas F and Scott Frankie Louise
Bought by
Finazzo Michael S and Finazzo Maria F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
6.75%
Source: Public Records

Range of Values:

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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
Fernandez Decastro Jose Miguel Fernandez $2,050,000 Attorney
Finazzo Michael S $309,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez De Castro Jose Miguel $539,000
Open Fernandez Decastro Jose Miguel Fernandez $1,000,000
Previous Owner Finazzo Michael S $637,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2014 11/21/14 Sold $2,050,000 -10.5% $388 / Sq Ft
08/09/2014 08/09/14 Price Changed $2,290,000 -4.2% $433 / Sq Ft
04/04/2014 04/04/14 Price Changed $2,390,000 -4.0% $452 / Sq Ft
01/29/2014 01/29/14 Price Changed $2,490,000 -3.9% $471 / Sq Ft
01/05/2014 01/05/14 Price Changed $2,590,000 -5.8% $490 / Sq Ft
10/24/2013 10/24/13 For Sale $2,750,000 -- $520 / 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 $39,008 $2,711,828 -- --
2023 $39,008 $2,631,386 $0 $0
2022 $38,139 $2,554,744 $0 $0
2021 $36,677 $2,366,645 $0 $0
2020 $37,132 $2,333,969 $0 $0
2019 $36,209 $2,281,495 $0 $0
2018 $35,584 $2,235,324 $0 $0
2017 $31,469 $1,958,300 $1,005,200 $953,100
2016 $32,430 $1,981,200 $974,300 $1,006,900
2015 $29,804 $1,742,700 $899,400 $843,300
2014 $17,627 $1,031,169 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3986592

Stellar MLS

APN: 2038-14-0002