NOT LISTED FOR SALE

2498 Farms Ct Sarasota, FL 34240

Estimated Value: $750,389 - $821,000

3 Beds
3 Baths
2,523 Sq Ft
$314/Sq Ft Est. Value

Last Sold January 26, 2018

Last sale price $460,000 $182 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,824/month

144 Days on Market

Highlights

  • 152 Feet of Lake Waterfront
  • Screened Pool
  • Private Lot
  • Tatum Ridge Elementary School Rated A-
  • Deck
  • Florida Architecture

About This Home

As of January 2018

This is a private, pristine setting and a perfect cul-de-sac location offering breathtaking magical lake views from dawn to dusk. With captivating curb appeal featuring lush and mature trees, palms and a dramatic portico entry with leaded glass double doors, the visitor is drawn immediately into the presence of this alluring home. Once inside, wide lake views stretch beyond the impressive heated pool to a beautiful preserve beyond the lake, setting the stage for a true retreat, a venue for a celebration or that quiet place for private moments. Nature awaits with flocks of snowy pelicans, green parrots and fish jumping all day long. Inside you'll find three en-suite bedrooms, an executive office and a great room with a 12-foot ceiling and 12-foot sliding glass doors to the lanai. The chef's kitchen features stainless steel appliances, including gas range, 42-inch wood cabinets with crown, solid surface countertops and mesmerizing lake views from the spacious breakfast café. Residents enjoy two gated entrances, a clubhouse, a community pool, a fitness center, a kayaking lake, tennis courts, reclaimed water for irrigation and no CDD fees! This residence is surprisingly close to restaurants, shopping, golf courses and just minutes to Sarasota's beaches, downtown Sarasota and Sarasota's new luxury mall. This unique home is ready for the discriminating buyer wanting it all.

Last Agent to Sell the Property

Larry Johns

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0517429 Listed on: 07/21/2017

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Larry Johns

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0517429 Listed on: 07/21/2017

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,059

Year Built

  • Built in 2006

Lot Details

  • 0.32 Acre Lot
  • 152 Feet of Lake Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Mature Landscaping
  • Private Lot
  • Oversized Lot
  • Landscaped with Trees
  • Property is zoned RSF1

HOA Fees

  • $108 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • Lake
  • Park or Greenbelt
  • Pool

Home Design

  • Florida Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,523 Sq Ft Home
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Den
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Screened Pool
  • In Ground Pool
  • Heated Spa
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • Access To Lake
  • Deck
  • Enclosed Patio or Porch
  • Rain Gutters

Schools

  • Tatum Ridge Elementary School
  • Mcintosh Middle School
  • Sarasota High School

Utilities

  • Central Heating and Cooling System
  • Humidity Control
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Argus Management 927 6464 Association
  • Laurel Lakes Community
  • Laurel Lakes Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 226
  • Assessor Parcel Number 0243010007

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,059

Year Built

Built in 2006

Lot Details

0

HOA Fees

$108 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2523
  • Lot Size Acres: 0.32
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 3540
  • Lot Size Sq Ft: 14019
  • Directions to Property: At I-75 & Bee Ridge, East on Bee Ridge to end, continue around traffic circle to Iona. Entrance is 1/2 mile on Left. Go through gates to first Right on Harvest, then Left on Barton Farms Blvd. Which flows into Farms Court.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • List Office Head Office Key Nume: 1037329
  • Minimum Lease: 8-12 Months
  • RATIO Current Price By Calculate: 182.32
  • Total Acreage: 1/4 Acre to 21779 Sq. Ft.
  • Water Access YN: 1
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Eat-in Kitchen, Solid Surface Counters, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Window Features: Blinds
  • Street Number Modifier: 2498
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office,Formal Dining Room Separate,Foyer,Great Room,Inside Utility
  • Room Count: 8

Exterior Features

  • Pool Features: Gunite, In Ground, Screen Enclosure
  • Exterior Features: Sliding Doors, Hurricane Shutters, Irrigation System, Rain Gutters
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • View: Park/Greenbelt, Pool, Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Enclosed, Patio, Porch, Screened
  • Disclosures: HOA/PUD/Condo Disclosure
  • Water Access: Lake
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 152
  • Flood Zone Date: 2016-11-04T00:00:00.000
  • Flood Zone Panel: 12115C0170F
  • Water Frontage Feet Lake: 152

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Utilities: Cable Available, Electricity Connected, Gas, Public, Sprinkler Recycled, Street Lights
  • Cooling: Central Air, Humidity Control
  • Heating: Central, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 1300
  • Association Fee Frequency: Annually
  • Association Name: Argus Management 927-6464
  • Association: Yes
  • Security: Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 1
  • Pet Restrictions: County, Leash Law
  • Association Fee Requirement: Required

Fee Information

  • Monthly HOA Amount: 108.33

Schools

  • Elementary School: Tatum Ridge Elementary
  • High School: Sarasota High
  • Middle Or Junior School: McIntosh Middle

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0243010007
  • Additional Parcels: No
  • Lot Features: In County, Oversized Lot, Street Dead-End, Paved, Private
  • Flood Zone Code: X
  • Homestead YN: 1

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Contact Michael at Argus Management for lease restrictions, 941.927.6464 or Michael@argusmgmt.com.

Tax Info

  • Tax Annual Amount: 4059
  • Tax Book Number: 44-42
  • Tax Lot: 226

Multi Family

  • Waterfront Features: Lake
  • Approval Process: Contact Michael at Argus Management for lease restrictions, 941.927.6464 or Michael@argusmgmt.com.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2017
Closed on
Jan 25, 2018
Sold by
Mariotti Clyde F and The Clyde F Mariotti Revocable
Bought by
Hall Keith A and Hall Jane V
Seller's Agent
Larry Johns
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Larry Johns
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$489,000
Sold Price
$460,000
Premium/Discount to List
-$29,000
-5.93%
Current Estimated Value
$783,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,197
Avg. Annual Appreciation
7.67%
Original Mortgage
$75,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2006
Sold by
Mariotti Clyde F and Boyle Shirley M
Bought by
The Clyde F Mariotti Revocable Trust and Mariotti Clyde F

Purchase Details

Closed on
Jan 5, 2006
Sold by
Lennar Homes Inc
Bought by
Mariotti Clyde F and Boyle Shirley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.19%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Hall Keith A $460,000 Attorney
The Clyde F Mariotti Revocable Trust -- Chicago Title Insurance Co
Mariotti Clyde F $408,500 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Keith A $100,000
Closed Hall Keith A $75,000
Previous Owner Mariotti Clyde F $230,000
Previous Owner Mariotti Clyde F $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Off Market $460,000 -- --
01/26/2018 01/26/18 Sold $460,000 -3.9% $182 / Sq Ft
12/13/2017 12/13/17 Pending -- -- --
11/02/2017 11/02/17 Price Changed $478,900 -2.1% $190 / Sq Ft
07/21/2017 07/21/17 For Sale $489,000 -- $194 / 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 $5,137 $435,344 -- --
2023 $5,137 $422,664 $0 $0
2022 $5,007 $410,353 $0 $0
2021 $4,920 $398,401 $0 $0
2020 $4,936 $392,900 $109,300 $283,600
2019 $4,923 $396,100 $123,100 $273,000
2018 $4,076 $329,328 $0 $0
2017 $4,058 $322,554 $0 $0
2016 $4,060 $395,800 $132,300 $263,500
2015 $4,131 $388,500 $127,000 $261,500
2014 $4,116 $306,634 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4191813

Stellar MLS

APN: 0243-01-0007