NOT LISTED FOR SALE

2885 Grazeland Dr Sarasota, FL 34240

Estimated Value: $691,000 - $826,000

4 Beds
3 Baths
2,918 Sq Ft
$260/Sq Ft Est. Value

Last Sold May 12, 2021

Last sale price $600,000 $206 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,676/month

36 Days on Market

Highlights

  • Lake Front
  • Water Access
  • Fishing
  • Tatum Ridge Elementary School Rated A-
  • Fitness Center
  • Gated Community

About This Home

As of May 2021

An enviable lifestyle awaits the new owner of this ideally situated WATER FRONT home, maximizing dazzling lake and amazing sunrise views. Whether you choose to relax by the lake, nap under an umbrella, or dine alfresco in your screened-in lanai while listening to the sounds of water and nature, you'll find this home to be the perfect spot for the best of Florida living. This updated and meticulously maintained beauty is better than NEW and boasts a popular & spacious floor plan. From the moment you arrive you will notice the rich curb appeal, barrel tile roof, and paver brick driveway with a stately portico architectural entry featuring a gorgeous tongue-and-groove ceiling, and tropical, mature landscaping. You will be welcomed into the expansive front entryway by double glass doors to discover gracious 12ft ceilings and an open great room plan, perfect for family living and entertaining. While the executive can retreat to a private office, the split bedrooms offer privacy for family and guests. The home features a formal living room, formal dining room, sitting room, breakfast room, 4 spacious bedrooms, 3 baths, interior laundry room, and a large bonus room offering picturesque lake views. The huge master suite has an additional sitting area overlooking the lake, walk-in closets, lovely soaking tub, a beautiful seamless glass shower and his/hers sinks. Updates include fresh paint inside and out, brand new carpet, remote control shades, new light fixtures and hardware throughout as well as beautiful speckled epoxy floor in the 3-car garage. Laurel Lakes is a well-established, gated community with a plethora of amenities which include a waterfront clubhouse, fitness center, tennis courts, basketball court, community pool and low fees. Kayak or fish in your backyard, enjoy visits by beautiful native birds, and live just minutes from downtown Sarasota, beaches, restaurants, golf courses, shopping and great schools. The savvy buyer will appreciate the value of this special home in an expanding area of Sarasota that is located in one of the best school districts that the county has to offer. Don t let this one slip away, schedule your private showing today!

Last Agent to Sell the Property

Natasha Shevchuk

1ST PREMIER INTL PROPERTIES License #3302246 Listed on: 03/08/2021

Last Buyer's Agent

Anna Williams

SHOWTIME REALTY License #3403229

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,349

Year Built

  • Built in 2006

Lot Details

  • 0.27 Acre Lot
  • Lake Front
  • West Facing Home
  • Mature Landscaping
  • Level Lot
  • Landscaped with Trees
  • Property is zoned RSF1

HOA Fees

  • $142 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 2,918 Sq Ft Home
  • Open Floorplan
  • Furnished or left unfurnished upon request
  • Tray Ceiling
  • Ceiling Fan
  • Non-Wood Burning Fireplace
  • Gas Fireplace
  • Sliding Doors
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Utility Room
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Security Lights
  • Security Gate
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Eco-Friendly Details

  • Non-Toxic Fertilizer/Pesticides
  • Reclaimed Water Irrigation System

Outdoor Features

  • Water Access
  • Enclosed Patio or Porch
  • Exterior Lighting

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 249
  • Assessor Parcel Number 0243090014

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, fidelity bond, insurance, manager, private road, recreational facilities
  • HOA Argus Management Association, Phone Number (941) 927-6464
  • Laurel Lakes Community
  • Laurel Lakes Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to building or community restrictions, deed restrictions

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Fitness Center
  • Community Pool
  • Fishing

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,349

Year Built

Built in 2006

Lot Details

0

HOA Fees

$142 per month

Parking

3

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Manager, Private Road, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Spanish/Mediterranean
  • Disaster Mitigation: Hurricane Shutters/Windows
  • Green Landscaping: Non Toxic Fertilizer/Pesticides
  • Water View: Yes
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 2918.00
  • Lot Size Acres: 0.27
  • Year Built: 2006
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4493767?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4493767?w=Customer
  • Lot Size Sq Ft: 11949
  • Directions to Property: I-75 Exit 207 Bee Ridge Road East. At Lorraine Road take a left and Laurel Lakes will be on the left.
  • Escrow City: Sarasota
  • Escrow Postal Code: 34237
  • Escrow State: FL
  • Escrow Street Name: N. Tuttle
  • Escrow Street Number: One
  • List Office Head Office Key Nume: 1047213
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 7
  • Fireplace Features: Gas, Living Room, Non Wood Burning
  • Living Area Units: Square Feet
  • Additional Rooms: Bonus Room, Family Room, Formal Dining Room Separate, Formal Living Room Separate, Great Room, Inside Utility
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Master Bedroom Downstairs, Open Floorplan, Solid Surface Counters, Split Bedroom, Thermostat, Tray Ceiling(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Gas Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Floor Number: 1
  • Levels: One
  • Living Area Meters: 271.09
  • Street Number Modifier: 2885

Exterior Features

  • Direction Faces: West
  • Waterfront Feet Lake: 50
  • Water Access: Lake
  • Exterior Features: Irrigation System, Lighting, Sliding Doors
  • Roof: Tile
  • Water View: Lake
  • Flood Zone Code: X
  • Flood Zone Date: 11/04/2016
  • Flood Zone Panel: 12115C0170F
  • Water Access: Yes
  • View: Water
  • Water Body Name: COMMUNITY LAKE
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Enclosed, Front Porch, Patio, Screened
  • Road Surface Type: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Cable Connected, Natural Gas Available, Natural Gas Connected, Public, Sewer Connected, Sprinkler Recycled, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Laurel Lakes
  • Community Features: Association Recreation - Owned, Deed Restrictions, Fishing, Fitness, Gated Community, Irrigation-Reclaimed Water, Pool, Sidewalk, Special Community Restrictions, Tennis Courts, Water Access, Waterfront
  • Pet Restrictions: Please refer to HOA rules and regulations or call Argus Management.
  • Monthly HOA Fees: 141.67
  • Association Amenities: Basketball Court, Clubhouse, Fitness Center, Gated, Pool, Security, Tennis Court(s)
  • Association Fee: 1700.00
  • Association Fee Frequency: Annually
  • Association Fee Requirement: Required
  • Association Name: HOA ARGUS MANAGEMENT
  • Phone: 941-927-6464
  • Association: Yes
  • Security: Gated Community, Security Gate, Security Lights, Smoke Detector(s)
  • Association Website: http://argusmgmt.com

Fee Information

  • Waterfront Frontage: 50
  • Total Annual Fees: 1700.00
  • Total Monthly Fees: 141.67

Schools

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

Lot Info

  • Total Acreage: 1/4 to less than 1/2
  • Zoning: RSF1
  • Parcel Number: 0243090014
  • Lot Features: In County, Level/Flat, Sidewalk, Street Paved, Street Private
  • Lot Size Square Meters: 1110

Rental Info

  • Minimum Lease: 8-12 Months
  • Additional Lease Restrictions: Please refer to HOA rules and regulations or call Argus Management.
  • Furnished: Furnished Or Unfurnished
  • Lease Restrictions: Yes
  • Pets Allowed: Yes

Multi Family

  • Approval Process: Please refer to HOA rules and regulations or call Argus Management.
  • Waterfront Features: Lake

Tax Info

  • Tax Annual Amount: 4349.00
  • Tax Lot: 249

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2021
Closed on
May 5, 2021
Sold by
Metters Seymour and Metters Lucerchia Renae
Bought by
Pantos James L and Pantos Lauri B
Seller's Agent
Natasha Shevchuk
1ST PREMIER INTL PROPERTIES
Buyer's Agent
Anna Williams
SHOWTIME REALTY
List Price
$610,000
Sold Price
$600,000
Premium/Discount to List
-$10,000
-1.64%
Current Estimated Value
$758,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,876
Avg. Annual Appreciation
5.41%
Original Mortgage
$540,000
Outstanding Balance
$489,375
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$269,501

Purchase Details

Listed on
Jun 5, 2019
Closed on
Jun 21, 2019
Sold by
Wilmington Saving Fund Society
Bought by
Metters Seymour and Metters Lucerchia Renae
Seller's Agent
Dawn Brooks
GENSTONE REALTY
Buyer's Agent
Natasha Shevchuk
1ST PREMIER INTL PROPERTIES
List Price
$419,000
Sold Price
$399,000
Premium/Discount to List
-$20,000
-4.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.82%
Original Mortgage
$319,200
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2006
Sold by
Lennar Homes Inc
Bought by
Steele Michael and Steele Ruthann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,212
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving
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
Pantos James L $600,000 Attorney
Metters Seymour $399,000 Title Clearing & Escrow Llc
Steele Michael $582,200 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pantos James L $540,000
Previous Owner Metters Seymour $319,200
Previous Owner Steele Michael $58,212
Previous Owner Steele Michael $465,696
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2021 05/12/21 Sold $600,000 -1.6% $206 / Sq Ft
04/13/2021 04/13/21 Pending -- -- --
03/29/2021 03/29/21 For Sale $610,000 0.0% $209 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $610,000 +52.9% $209 / Sq Ft
07/11/2019 07/11/19 Sold $399,000 -4.8% $137 / Sq Ft View Prior Sale
06/19/2019 06/19/19 Pending -- -- --
06/05/2019 06/05/19 For Sale $419,000 -- $144 / 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 $6,652 $566,945 -- --
2023 $6,652 $550,432 $0 $0
2022 $6,471 $534,400 $184,800 $349,600
2021 $4,341 $352,162 $0 $0
2020 $4,349 $347,300 $91,000 $256,300
2019 $4,883 $353,500 $102,300 $251,200
2018 $3,968 $317,304 $0 $0
2017 $3,951 $310,778 $0 $0
2016 $3,938 $341,900 $96,800 $245,100
2015 $4,006 $332,900 $92,500 $240,400
2014 $3,991 $295,439 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4493767

Stellar MLS

APN: 0243-09-0014