NOT LISTED FOR SALE

Estimated Value: $2,352,000 - $2,618,000

4 Beds
3 Baths
3,109 Sq Ft
$789/Sq Ft Est. Value

Last Sold June 07, 2019

Last sale price $1,150,000 $370 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $14,526/month

85 Days on Market

Highlights

  • Oak Trees
  • In Ground Pool
  • Open Floorplan
  • Southside Elementary School Rated A
  • View of Trees or Woods
  • Vaulted Ceiling

About This Home

As of June 2019

Significant price reduction!!! It doesn't get much better than living in Cherokee Park and here is your opportunity on South Drive. This updated 4/5 bedroom 3 bath home is move in ready. The current owner has spared no expense on beautiful finishes. This home sits on a 15,000 sq ft lot and is surrounded by lush landscaping. The home features and open plan with great indoor and outdoor spaces. The gourmet kitchen features GE Monogram appliances including a 48 inch natural gas range with hood, wine refrigeration, custom cabinets and a large eat in island in the middle. The large master bedroom is split from all of the other bedrooms and it has a spa like bathroom with separate shower and tub. The stunning outdoor space is a perfect to watch your favorite team on TV or watch family and friends swim in the pool. Travertine pavers surround the custom salt water pool and there is a fire pit to enjoy on those cool Sarasota nights. This is a great home for entertaining and it is especially private. Brand new tile roof installed in 2017. Very close to Southside School and extremely central to Siesta Key, Sarasota Memorial and downtown Sarasota. This is an opportunity that you don't want to miss it. Sellers are motivated.

Last Agent to Sell the Property

Ryan Carson

RE/MAX ALLIANCE GROUP License #3240511 Listed on: 01/17/2019

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,434

Year Built

  • Built in 1994

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150
  • North Facing Home
  • Fenced
  • Mature Landscaping
  • Well Sprinkler System
  • Oak Trees
  • Property is zoned RSF1

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • Open Parking

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,109 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Shutters
  • Blinds
  • Sliding Doors
  • Family Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Inside Utility
  • Views of Woods

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa
  • Saltwater Pool

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting

Location

  • City Lot

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Cherokee Park Linda Pearce Association, Phone Number (941) 951-2330
  • Cherokee Park Community
  • Cherokee Park 2 Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,434

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: Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3109
  • Lot Size Acres: 0.34
  • New Construction: No
  • Year Built: 1994
  • Building Area Total: 4110
  • Lot Size Sq Ft: 15016
  • Directions to Property: From Osprey head West of South Drive and home on the left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4424033&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4424033&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.88468
  • Price per Sq Ft: 369.89
  • Close to Original List Price Ratio: 0.77755
  • Ratio: Current Price\Building Area Total: 279.81
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Hardwood
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: Blinds, Shutters, Window Treatments
  • Street Number Modifier: 1754
  • Room Count: 10
  • Additional Rooms: Family Room, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Pool Features: In Ground, Salt Water
  • Exterior Features: Fenced, Irrigation System, Lighting, Sidewalk, Sliding Doors, Sprinkler Metered
  • Roof: Tile
  • Pool Private: Yes
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Front Porch, Patio, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0141F
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, On Street
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Sprinkler Well, Street Lights
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Zoned
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Sidewalk
  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Association Name: Cherokee Park - Linda Pearce
  • Phone: 941-951-2330
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Optional
  • Association Approval Required YN: No

Fee Information

  • Monthly HOA Fee: 25

Schools

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

Lot Info

  • Zoning: RSF1
  • Parcel Number: 2039020001
  • Additional Parcels: No
  • Lot Features: City Lot, Sidewalk
  • Lot Dimensions: 100x150
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 1-2 Years
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See city of Sarasota zoning ordinances on rentals

Tax Info

  • Tax Annual Amount: 10434
  • Tax Block: D
  • Tax Book Number: 2-156
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2019
Closed on
Jun 7, 2019
Sold by
Ramos Mark Ja and Ramos Tanya L
Bought by
Ackerman Ryan and Ackerman Sepideh
Seller's Agent
Ryan Carson
RE/MAX ALLIANCE GROUP
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$1,479,000
Sold Price
$1,150,000
Premium/Discount to List
-$329,000
-22.24%
Current Estimated Value
$2,452,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,302,949
Avg. Annual Appreciation
14.02%
Original Mortgage
$805,000
Outstanding Balance
$715,074
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$1,906,219

Purchase Details

Closed on
Feb 1, 2018
Sold by
Chapman Paul H and Chapman Karen L
Bought by
Ramos Mark J and Ramos Tanya L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 23, 2009
Sold by
Cannon Wimberly P and Cannon Anne E
Bought by
Ramos Mark J and Ramos Tanya L

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
5.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2002
Sold by
Shealy James H and Shealy Suzanne
Bought by
Cannon Wimberly P and Cannon Anne E

Purchase Details

Closed on
Feb 11, 1994
Sold by
Shealy Suzanne and Shealy James H
Bought by
Shealy James H and Shealy Suzanne S
Source: Public Records

Range of Values:

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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
Ackerman Ryan $1,150,000 Attorney
Ramos Mark J $875,000 Attorney
Ramos Mark J $620,000 Attorney
Cannon Wimberly P $482,500 --
Shealy James H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ackerman Ryan $805,000
Previous Owner Ramos Mark J $1,000,000
Previous Owner Ramos Mark J $250,000
Previous Owner Ramos Mark J $405,000
Previous Owner Ramos Mark J $417,000
Previous Owner Ramos Mark J $141,000
Previous Owner Shealy James H $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2019 06/07/19 Sold $1,150,000 -11.5% $370 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
04/04/2019 04/04/19 Price Changed $1,299,900 -7.1% $418 / Sq Ft
03/04/2019 03/04/19 Price Changed $1,399,900 -5.3% $450 / Sq Ft
01/17/2019 01/17/19 For Sale $1,479,000 -- $476 / 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 $17,178 $1,202,283 -- --
2023 $17,178 $1,167,265 $0 $0
2022 $16,759 $1,133,267 $0 $0
2021 $15,196 $989,968 $0 $0
2020 $15,375 $976,300 $680,500 $295,800
2019 $10,607 $678,793 $0 $0
2018 $10,434 $666,136 $0 $0
2017 $10,062 $636,736 $0 $0
2016 $10,010 $866,400 $550,000 $316,400
2015 $10,159 $786,700 $482,400 $304,300
2014 $10,149 $605,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4424033

Stellar MLS

APN: 2039-02-0001