NOT LISTED FOR SALE

2242 Otter Creek Ln Sarasota, FL 34240

Estimated Value: $619,000 - $736,000

4 Beds
3.5 Baths
3,087 Sq Ft
$216/Sq Ft Est. Value

Last Sold May 18, 2018

Last sale price $382,250 $124 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,215/month

27 Days on Market

Highlights

  • Screened Pool
  • Open Floorplan
  • Main Floor Primary Bedroom
  • Tatum Ridge Elementary School Rated A-
  • Deck
  • High Ceiling

About This Home

As of May 2018

Impressive 4BR/3.5BA two story home situated on a large lot in the desirable Otter Creek Estates. This beautifully updated family residence has been freshly painted inside & out and offers all new carpet, new granite counter tops, new upstairs HVAC unit, along with many additional upgrades. Boasting over 3,000 sq. ft of living space the home features a dramatic foyer with a sweeping oak staircase, high volume ceilings, a huge dining room, inside laundry room, den/office and a bright eat-in kitchen overlooking the spacious living room. The delightful 1st floor master bedroom offers sliding glass doors that lead to the large screened lanai, a walk-in closet and a private bath with dual vanity sinks, garden tub and separate shower. Extend the living space outdoors where you'll find an expansive screened lanai providing ample outdoor seating space and a fantastic pool overlooking the beautiful backyard. Conveniently located close to schools, shopping & dining with easy access to I-75. All Information recorded in the MLS is intended to be accurate but cannot be guaranteed, buyer advised to verify. Sold As-Is.

Last Agent to Sell the Property

Ronald Stafford

ALL FLORIDA PROPERTY GROUP,INC License #583081 Listed on: 03/20/2018

Last Buyer's Agent

Forest Maddux, JR

RE/MAX ALLIANCE GROUP License #3225440

RE/MAX ALLIANCE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,446

Year Built

  • Built in 1998

Lot Details

  • 0.26 Acre Lot
  • Oversized Lot
  • Landscaped with Trees
  • Property is zoned RSF-3

HOA Fees

  • $31 Monthly HOA Fees

Parking

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

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,087 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Sliding Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Formal Dining Room
  • Den
  • Inside Utility
  • Laundry in unit
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet

Pool

  • Screened Pool
  • Private Pool
  • Fence Around Pool
  • Solar Heated Pool

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Otter Creek Estates Community
  • Otter Creek Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,446

Year Built

Built in 1998

Lot Details

0

HOA Fees

$31 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3087
  • Lot Size Acres: 0.26
  • New Construction: No
  • Year Built: 1998
  • Building Area Total: 3774
  • Lot Size Sq Ft: 11300
  • Directions to Property: From Palmer Blvd - Head South on Raymond Rd, make right on Porter Rd, then make a right on Otter Creek Lane. Property will be on the left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5569893&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5569893&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.95586
  • Price per Sq Ft: 123.83
  • Close to Original List Price Ratio: 0.95586
  • Ratio: Current Price\Building Area Total: 101.29
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: 4116

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Street Number Modifier: 2242
  • Room Count: 4
  • Additional Rooms: Den/Library/Office, Family Room, Formal Dining Room Separate, Foyer, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Screen Enclosure, Solar Heat
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Deck, Enclosed, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • 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: BB/HS Internet Available, Cable Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 375
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Security System Owned
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 375
  • Monthly HOA Fee: 31.25
  • Total Monthly Fees: 31.25

Lot Info

  • Zoning: RSF-3
  • Parcel Number: 0238140015
  • Additional Parcels: No
  • Lot Features: Oversized Lot, Sidewalk
  • Property Attached Yn: No
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 3446
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2018
Closed on
May 18, 2018
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Collins Justin B
Seller's Agent
Ronald Stafford
ALL FLORIDA PROPERTY GROUP,INC
Buyer's Agent
Forest Maddux, JR
RE/MAX ALLIANCE GROUP
List Price
$399,900
Sold Price
$382,250
Premium/Discount to List
-$17,650
-4.41%
Current Estimated Value
$667,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,989
Avg. Annual Appreciation
8.91%
Original Mortgage
$363,137
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 20, 2018
Closed on
Apr 30, 2018
Sold by
Wilmington Savings Fund Society
Bought by
Wilmington Savings Fund Society and Christina Trust
Seller's Agent
Ronald Stafford
ALL FLORIDA PROPERTY GROUP,INC
Buyer's Agent
Forest Maddux, JR
RE/MAX ALLIANCE GROUP
List Price
$399,900
Sold Price
$382,250
Premium/Discount to List
-$17,650
-4.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,137
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2017
Sold by
Christian Trust
Bought by
Willington Savings Funs Scociety and Normansdy Loan Trust

Purchase Details

Closed on
Aug 30, 2017
Sold by
Wilmington Savings Fund Society
Bought by
Wilmington Savings Fund Society and Christiana Trust

Purchase Details

Closed on
Aug 25, 2017
Sold by
Insinga William C and Insinga Oshia
Bought by
Christina Trusts

Purchase Details

Closed on
Aug 1, 2017
Bought by
Normandy Mortgage Loan Trust S

Purchase Details

Closed on
Aug 22, 2003
Sold by
Joosten Philip A and Joosten Esther
Bought by
Messick William D and Messick Jill J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,400
Interest Rate
5.52%

Purchase Details

Closed on
Aug 15, 2002
Sold by
Zalkin Bruce M and Zalkin Laura J
Bought by
Joosten Philip A and Joosten Esther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.52%

Purchase Details

Closed on
Oct 31, 1997
Sold by
D James Eslinger Const Inc
Bought by
Zalkin Bruce M and Zalkin Laura J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,400
Interest Rate
7.39%
Source: Public Records

Range of Values:

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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
Collins Justin B $382,300 Dependable Title Services Of
Wilmington Savings Fund Society -- Attorney
Willington Savings Funs Scociety -- Attorney
Wilmington Savings Fund Society -- Attorney
Christina Trusts $285,901 None Available
Normandy Mortgage Loan Trust S $100 --
Messick William D $318,000 --
Joosten Philip A $318,000 --
Zalkin Bruce M $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Justin B $353,500
Closed Collins Justin B $363,137
Previous Owner Insinga William C $452,000
Previous Owner Insinga William $45,000
Previous Owner Insinga William C $384,750
Previous Owner Insinga William C $45,000
Previous Owner Messick William D $254,400
Previous Owner Joosten Philip A $200,000
Previous Owner Zalkin Bruce M $100,000
Previous Owner Zalkin Bruce M $181,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2018 05/18/18 Sold $382,250 -4.4% $124 / Sq Ft
04/17/2018 04/17/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $399,900 -- $130 / 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 $6,657 $506,978 -- --
2023 $6,657 $560,300 $126,200 $434,100
2022 $6,105 $508,000 $99,700 $408,300
2021 $5,171 $380,900 $52,800 $328,100
2020 $5,041 $363,500 $52,800 $310,700
2019 $4,915 $357,600 $74,400 $283,200
2018 $4,406 $318,100 $63,900 $254,200
2017 $3,446 $272,370 $0 $0
2016 $3,439 $318,100 $57,300 $260,800
2015 $3,498 $289,500 $45,800 $243,700
2014 $3,484 $258,928 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5569893

Stellar MLS

APN: 0238-14-0015