2250 Lorraine Rd Sarasota, FL 34240
3
Beds
2.5
Baths
1,970
Sq Ft
5
Acres
Highlights
- Access To Pond
- Stables
- Pond View
- Tatum Ridge Elementary School Rated A-
- Home fronts a pond
- Open Floorplan
About This Home
As of August 2024This is the one! OPEN USE ESTATE ZONING! No HOA and no Deed Restrictions. An equine’s dream property! Situated on an expansive 5-acre lot with various amenities that truly make this property one-of-a-kind off of Lorraine Road. Just East of I-75, across from the Windward Community of Lakewood Ranch. Whether you have a passion for horses or simply desire additional storage options and privacy, this property is for you. Pastures provide a serene backdrop and offer the potential for various outdoor activities. No country estate would be complete without a tranquil pond, and this property delivers just that. Upon entering this charming home, you'll immediately appreciate the abundance of natural light that illuminates the open floor plan consisting of just under 2,000 square feet. The spacious layout allows for seamless movement between rooms, making it ideal for both everyday living and entertaining guests. Kitchen is equipped with ample counter space and storage, preparing delicious meals will be a breeze. Vaulted ceilings throughout add an extra touch of elegance and grandeur to this already impressive home. The soaring ceilings create an open and airy atmosphere that immediately captures your attention upon entering each room. Every bedroom features bay windows that not only enhance the overall aesthetic appeal but also allow for an abundance of natural light to flood into these spaces. These windows create cozy nooks within each room where you can curl up with a book or simply enjoy serene moments of solitude. In the back/side of the home you will find sliding glass doors leading to the lanai from the living room, dining room and master bedroom, providing convenient access outside. With OUE Zoning, the property offers an opportunity for future development as well. Breathtaking surrounding, tranquility and future development opportunity make this property a one of a kind! Just East of I-75 off Fruitville, this property is 5.5 miles from Waterside, 4 miles from Sun n Fun, less than 4 miles from Tatum Ridge Golf Course and 10 minutes to fantastic dining, shopping and gyms. Please call for more information and with any questions. Schedule a private showing today and see for yourself how wonderful and unique this property is!
Last Agent to Sell the Property
HARRY ROBBINS ASSOC INC Brokerage Phone: 941-924-8346 License #3457308 Listed on: 02/01/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,990
Year Built
- Built in 1996
Lot Details
- 5 Acre Lot
- Home fronts a pond
- Dirt Road
- West Facing Home
- Wood Fence
- Property is zoned OUE
Parking
- 2 Car Attached Garage
- Parking Pad
- Garage Door Opener
Home Design
- Slab Foundation
- Shingle Roof
- Concrete Siding
- Block Exterior
- Stucco
Interior Spaces
- 1,970 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Vaulted Ceiling
- Ceiling Fan
- French Doors
- Sliding Doors
- Pond Views
- Hurricane or Storm Shutters
- Laundry in Garage
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
Outdoor Features
- Access To Pond
- Wrap Around Porch
- Screened Patio
- Shed
- Rain Gutters
Utilities
- Central Heating and Cooling System
- Well
- Electric Water Heater
- Septic Tank
- Cable TV Available
Additional Features
- Horse or Livestock Barn
- Stables
Community Details
- No Home Owners Association
- East Sarasota Community
- Sarasota County Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 2250
- Assessor Parcel Number 0206050002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 1, 2024
Closed on
Aug 20, 2024
Sold by
Poli Jeffrey and Poli Susan
Bought by
Gregory And Judith Taulbee Trust and Taulbee
Seller's Agent
Ryan Miller
HARRY ROBBINS ASSOC INC
Buyer's Agent
Judi Taulbee
FINE PROPERTIES
List Price
$1,249,500
Sold Price
$1,025,000
Premium/Discount to List
-$224,500
-17.97%
Views
54
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
-$18,753
Avg. Annual Appreciation
-2.20%
Original Mortgage
$700,000
Outstanding Balance
$694,662
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$311,585
Purchase Details
Closed on
Jul 29, 2005
Sold by
Tyrone John H and Tracy Elizabeth H
Bought by
Tracy Elizabeth H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.51%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 9, 2002
Sold by
Penn Michele
Bought by
Incitti Holly A
Purchase Details
Closed on
Jul 7, 1995
Sold by
Tracy Elizabeth and Reister Elizabeth
Bought by
Tracy Elizabeth and Tracy Tyrone John
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,025,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $520,000 | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $700,000 | New Conventional | |
| Previous Owner | $176,000 | New Conventional | |
| Previous Owner | $260,000 | New Conventional | |
| Previous Owner | $154,900 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2024 08/20/24 | Sold | $1,025,000 | -14.2% | $520 / Sq Ft |
| 06/20/2024 06/20/24 | Pending | -- | -- | -- |
| 06/04/2024 06/04/24 | Price Changed | $1,195,000 | -4.4% | $607 / Sq Ft |
| 02/01/2024 02/01/24 | For Sale | $1,249,500 | -- | $634 / 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 | $6,990 | $599,366 | -- | -- |
| 2023 | $6,990 | $544,200 | $302,900 | $241,300 |
| 2022 | $7,000 | $544,200 | $275,400 | $268,800 |
| 2021 | $3,195 | $250,819 | $0 | $0 |
| 2020 | $3,195 | $247,356 | $0 | $0 |
| 2019 | $3,045 | $238,862 | $0 | $0 |
| 2018 | $2,968 | $234,408 | $0 | $0 |
| 2017 | $2,953 | $229,587 | $0 | $0 |
| 2016 | $3,131 | $318,200 | $159,800 | $158,400 |
| 2015 | $3,179 | $308,500 | $159,800 | $148,700 |
| 2014 | $2,669 | $195,874 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Miller
Seller's Agent in 2024
Ryan Miller
HARRY ROBBINS ASSOC INC
(941) 954-6925
156 Total Sales
-
Judi Taulbee
Buyer's Agent in 2024
Judi Taulbee
FINE PROPERTIES
(941) 544-6227
286 Total Sales
Map
Source: Stellar MLS
MLS Number: A4596355
APN: 0206-05-0002
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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