NOT LISTED FOR SALE

1875 Towering Oak Dr Sarasota, FL 34232

Estimated Value: $449,408 - $538,000

4 Beds
2 Baths
1,947 Sq Ft
$260/Sq Ft Est. Value

Last Sold March 21, 2014

Last sale price $236,000 $121 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $3,086/month

1 Day on Market

Highlights

  • Pond View
  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • Sarasota High School Rated A-
  • Ceramic Tile Flooring
  • Ceiling Fan

About This Home

As of March 2014

This fantastic four bedroom two bathroom house in Colonial Oaks is not a short sale or bank owned and can close quickly. This home has a wonderful split and open floor plan. Many recent upgrades include new roof, flooring, interior paint, updated fixtures, and much more. Enjoy your morning coffee on the lanai with a gorgeous view of the lake with a backyard full of mature oaks. This is the one you've been waiting for, don't miss out!

Last Agent to Sell the Property

Braden Chandler

License #3235600 Listed on: 02/05/2014

Last Buyer's Agent

Philip Graber

HARRY ROBBINS ASSOC INC License #3207441

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,905

Year Built

  • Built in 1992

Lot Details

  • 7,500 Sq Ft Lot
  • Property is zoned RSF3

HOA Fees

  • $11 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,947 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Pond Views
  • Laundry in unit

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Colonial Oaks Community
  • Colonial Oaks Unit 25 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,905

Year Built

Built in 1992

Lot Details

0

HOA Fees

$11 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1947
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 1992
  • Building Area Total: 2605
  • Lot Size Sq Ft: 7500
  • Directions to Property: Bee Ridge to North on Cattlemen. Left on Hagerman. Right on Oak Branch. Left on Bent Oak. Right on Towering Oak to House on Right.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=M5843750&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=M5843750&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 2428
  • Ratio: Close Price\List Price: 0.98745
  • Price per Sq Ft: 121.21
  • Close to Original List Price Ratio: 0.98745
  • Ratio: Current Price\Building Area Total: 90.6
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 1875
  • Room Count: 8
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Water View: Pond
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Other
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 130
  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 130
  • Monthly HOA Fee: 10.83
  • Total Monthly Fees: 10.83

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0049140024
  • Additional Parcels: No
  • Lot Features: In County
  • Flood Zone Code: X
  • Future Land Use: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2014-03-21T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 1905
  • Tax Book Number: 0034/0007
  • Tax Lot: 1908

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2014
Closed on
Mar 7, 2014
Sold by
Hemming David D and Hemming Lesa A
Bought by
Otto Andrew Shawn and Otto Greta Renee
Seller's Agent
Braden Chandler
Buyer's Agent
Philip Graber
HARRY ROBBINS ASSOC INC
List Price
$239,000
Sold Price
$236,000
Premium/Discount to List
-$3,000
-1.26%
Current Estimated Value
$515,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,913
Avg. Annual Appreciation
7.14%
Original Mortgage
$186,400
Outstanding Balance
$142,817
Interest Rate
4.24%
Mortgage Type
New Conventional
Estimated Equity
$375,003

Purchase Details

Closed on
Dec 28, 2011
Sold by
Collins Jeffrey W and Collins Christine B
Bought by
Hemming David D and Hemming Lesa A
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
Otto Andrew Shawn $236,000 Attorney
Hemming David D $176,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otto Andrew Shawn $186,400
Previous Owner Collins Jeffrey W $17,160
Previous Owner Collins Jeffrey W $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2014 03/21/14 Sold $236,000 -1.3% $121 / Sq Ft
02/07/2014 02/07/14 Pending -- -- --
02/05/2014 02/05/14 For Sale $239,000 -- $123 / 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 $2,696 $226,981 -- --
2023 $2,696 $220,370 $0 $0
2022 $2,581 $213,951 $0 $0
2021 $2,553 $207,719 $0 $0
2020 $2,549 $204,851 $0 $0
2019 $2,449 $200,245 $0 $0
2018 $2,380 $196,511 $0 $0
2017 $2,366 $192,469 $0 $0
2016 $2,352 $208,700 $57,600 $151,100
2015 $2,391 $187,200 $52,200 $135,000
2014 $1,910 $148,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: M5843750

Stellar MLS

APN: 0049-14-0024