$115,000
SOLD AUG 16, 2019
4.56 Acres
$25,219 Price per Acre
198,634 Sq Ft Lot

Recently Sold

20% Below List Price

236 Days on Market

Highlights

  • Gated Community
  • 4.56 Acre Lot
  • Oversized Lot
  • Tatum Ridge Elementary School Rated A-
  • Mature Landscaping
  • Zoned For Horses

About This Lot

As of July 2024

Now is the time to purchase 4.5 acres in Sarasota at an affordable price. Casa Di Compagni is an gated enclave of 16 homes/sites, located just off Fruitville Road. Less than 5 miles from Lorraine Road, making this lot close to Lakewood Ranch and I-75. Pick your own builder and No requirements on build time. HOA allows up to 3 structures on the property (one main house then a detached garage, game room, RV garage, barn etc.) 2 horses and 1 cow permitted/parcel per HOA.

Last Agent to Sell the Property

Cathy Watson

FINE PROPERTIES License #3067351 Listed on: 11/19/2018

FINE PROPERTIES

Last Buyer's Agent

Cathy Watson

FINE PROPERTIES License #3067351 Listed on: 11/19/2018

FINE PROPERTIES

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,561

Lot Details

  • 4.56 Acre Lot
  • Lot Dimensions are 326x969
  • Property fronts a private road
  • Street terminates at a dead end
  • Mature Landscaping
  • Oversized Lot
  • Property is zoned OUE

HOA Fees

  • $125 Monthly HOA Fees

Horse Facilities and Amenities

  • Zoned For Horses

Utilities

  • Well Required
  • Septic Needed
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 0548020020

Community Details

Overview

  • Association fees include escrow reserves fund, insurance, private road
  • Casa Di Compagni Community
  • Casa Di Compagni Subdivision
  • The community has rules related to deed restrictions

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,561

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • HOA Fee Includes: Escrow Reserves Fund, Insurance, Private Road
  • Property Type: Land
  • Lot Size Acres: 4.56
  • Lot Size Sq Ft: 198825
  • Number Of Lots: 1
  • Directions to Property: I-75, Exit Fruitville Road, Go East 9 miles, Right on Cassata Road, 2nd lot on left.
  • Status: Sold
  • Total Acreage: 2 to less than 5
  • Ratio: Close Price\List Price: 0.88462
  • Price per Sq Ft: 0.58
  • Close to Original List Price Ratio: 0.79861
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 231

Exterior Features

  • Road Frontage Type: Street Dead-End, Private Road
  • Waterfront: No
  • Road Surface Type: Paved
  • Easements: Check With County
  • Water View Y N: No
  • Front Footage: 326
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0185F
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Natural Gas Available, Phone Available
  • Sewer: Septic Needed
  • Water Source: Well Required
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community
  • Association Amenities: Gated
  • Association Fee: 1500
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Gated Community
  • Amenities Additional Fees: One time Master HOA fee of $1,000 due at closing. Gated community. HOA covers maintenance of common areas and gate/gate repairs.
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1500
  • Monthly HOA Fee: 125
  • Total Monthly Fees: 125

Lot Info

  • Zoning: OUE
  • Parcel Number: 0548020020
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: In County, Oversized Lot, Zoned for Horses
  • Lot Dimensions: 326x969
  • Price Per Acre: 25219
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • Current Adjacent Use: Residential, Vacant
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No
  • Pet Restrictions: Please Read attached HOA restrictions.

Tax Info

  • Tax Annual Amount: 1561
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2023
Closed on
Jul 15, 2024
Sold by
Jodoin Russell L and Gray Denise Collene
Bought by
Faulkner Brian and Faulkner Sarah
Seller's Agent
Staci Swietkoski
Option One Realty Inc.
List Price
$2,050,000
Sold Price
$1,615,000
Premium/Discount to List
-$435,000
-21.22%
Views
96
Current Estimated Value
$1,595,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,356
Avg. Annual Appreciation
-1.29%
Original Mortgage
$1,292,000
Outstanding Balance
$1,282,224
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$313,420

Purchase Details

Listed on
Jan 10, 2020
Closed on
Jan 29, 2020
Sold by
Watson Brad C and Watson Catherine E
Bought by
Jodoin Russell L and Jodoin Denise C
Seller's Agent
Cathy Watson
FINE PROPERTIES
Buyer's Agent
Scott Nold
TNG REAL ESTATE
List Price
$135,000
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
74.23%

Purchase Details

Listed on
Nov 19, 2018
Closed on
Aug 16, 2019
Sold by
Orient7 Investments Llc
Bought by
Watson Brad C and Watson Catherine E
Seller's Agent
Cathy Watson
FINE PROPERTIES
Buyer's Agent
Cathy Watson
FINE PROPERTIES
List Price
$144,000
Sold Price
$115,000
Premium/Discount to List
-$29,000
-20.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.81%
Original Mortgage
$34,240
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 11, 2010
Sold by
Mcnitt Todd J and Mcnitt Sharon J
Bought by
Orient Investments Llc

Purchase Details

Closed on
Apr 19, 2005
Sold by
Cassata Development Organization Inc
Bought by
Mcnitt Sharon J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,250
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $1,615,000 First American Title Insurance
Warranty Deed $135,000 Integrity Title Services Inc
Warranty Deed $115,000 Properties Title Llc
Warranty Deed $170,000 Sunbelt Title Agency
Warranty Deed $209,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,292,000 New Conventional
Previous Owner $34,240 Future Advance Clause Open End Mortgage
Previous Owner $199,250 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2024 07/17/24 Sold $1,615,000 -21.2% $457 / Sq Ft
06/26/2024 06/26/24 For Sale $2,050,000 +26.9% $580 / Sq Ft
09/29/2023 09/29/23 Off Market $1,615,000 -- --
08/11/2023 08/11/23 Price Changed $2,050,000 -2.4% $580 / Sq Ft
07/08/2023 07/08/23 For Sale $2,100,000 +1455.6% $595 / Sq Ft
01/29/2020 01/29/20 Sold $135,000 0.0% --
01/14/2020 01/14/20 Pending -- -- --
01/10/2020 01/10/20 For Sale $135,000 +17.4% --
08/16/2019 08/16/19 Sold $115,000 -11.5% --
07/13/2019 07/13/19 Pending -- -- --
02/18/2019 02/18/19 Price Changed $130,000 -7.8% --
01/08/2019 01/08/19 Price Changed $141,000 -2.1% --
11/19/2018 11/19/18 For Sale $144,000 -- --
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 $15,008 $1,155,100 $245,600 $909,500
2023 $15,008 $1,265,900 $295,700 $970,200
2022 $2,157 $224,400 $224,400 $0
2021 $1,486 $121,000 $121,000 $0
2020 $1,329 $105,600 $105,600 $0
2019 $1,076 $85,600 $85,600 $0
2018 $1,562 $126,900 $126,900 $0
2017 $1,530 $110,231 $0 $0
2016 $1,465 $121,300 $121,300 $0
2015 $1,222 $91,100 $91,100 $0
2014 $1,209 $80,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4419533

Stellar MLS

APN: 0548-02-0020