NOT LISTED FOR SALE

Estimated Value: $2,286,000 - $2,984,000

5 Beds
5.5 Baths
5,781 Sq Ft
$463/Sq Ft Est. Value

Last Sold December 11, 2015

Last sale price $1,435,000 $248 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $16,605/month

597 Days on Market

Highlights

  • Oak Trees
  • Vinyl Pool
  • 1.7 Acre Lot
  • Tatum Ridge Elementary School Rated A-
  • Sauna
  • Deck

About This Home

As of December 2015

Set on more than 1.5 acres behind the gates of Laurel Oak Country Club, one of Sarasota's premier golf and country club communities, this private walled and gated estate sits on 2.5 lots creating a private feel within a gated community. The beautifully updated home features expansive living and entertaining spaces, an oversized two-story lanai with covered outdoor kitchen plus large pool and spa, a lighted hard surface tennis court, room for a second tennis court, a small basketball court and a separate exercise room with full bath. The grand living room is brought to life by its sheer size and classic finishes, including marble floors, intricate panel moulding, multiple sets of french doors, and large Palladian-style windows, and is the perfect venue for gatherings of all sizes. The kitchen, breakfast nook and adjacent family room provide more casual yet elegant living spaces. The functional floor plan places the private master suite, a second bedroom and an office, den or additional bedroom on one sideof the home and two additional en suite bedrooms on the other side of the home. one of which has its own garage access. The upstairs features a large bonus room with multiple storage closets and access to attic space. Pebble Tech floored garages, paver walkways, mature landscaping, an extra maintenance shed, sauna and a substantial privacy wall complete this stunning estate property.

Last Agent to Sell the Property

Joel Schemmel

DOUGLAS ELLIMAN License #3060476 Listed on: 01/24/2014

DOUGLAS ELLIMAN

Last Buyer's Agent

Joel Schemmel

DOUGLAS ELLIMAN License #3060476 Listed on: 01/24/2014

DOUGLAS ELLIMAN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,902

Year Built

  • Built in 1993

Lot Details

  • 1.7 Acre Lot
  • Irrigation
  • Oak Trees
  • Property is zoned RE2

HOA Fees

  • $295 Monthly HOA Fees

Parking

  • 4 Car Attached Garage

Home Design

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

Interior Spaces

  • 5,781 Sq Ft Home
  • Bar Fridge
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • French Doors
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Storage Room
  • Inside Utility
  • Sauna
  • Marble Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Home Security

  • Intercom
  • Fire and Smoke Detector

Pool

  • Vinyl Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Laurel Oak Estates Community
  • Laurel Oak Ests Sec 2 Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Homestead Exemption
  • Tax Lot 86
  • Assessor Parcel Number 0241080001

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,902

Year Built

Built in 1993

Lot Details

0

HOA Fees

$295 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 5781
  • Lot Size Acres: 1.7
  • New Construction: No
  • Year Built: 1993
  • Building Area Total: 7631
  • Lot Size Sq Ft: 73938
  • Directions to Property: Go East on Bee Ridge to Laurel Oaks, left into Laurel Oaks.
  • Status: Sold
  • Floor Number: 2
  • Homestead Y N: Yes
  • Total Acreage: 1 to less than 2
  • Home Warranty Y N: No
  • Subdivision Num: 2432
  • Call Center Phone Number: 941-364-4014
  • Ratio: Close Price\List Price: 0.89969
  • Price per Sq Ft: 248.23
  • Close to Original List Price Ratio: 0.77568
  • Ratio: Current Price\Building Area Total: 188.05
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2014
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room
  • Living Area Units: Square Feet
  • Flooring: Marble
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Central Vaccum, Crown Molding, Eating Space In Kitchen, Intercom, Master Bedroom Main Floor, Sauna, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Bar Fridge, Built-In Oven, Convection Oven, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Yn: Yes
  • Window Features: Blinds
  • Street Number Modifier: 2895
  • Room Count: 11
  • Additional Rooms: Bonus Room, Formal Dining Room Separate, Formal Living Room Separate, Great Room, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Outdoor Kitchen
  • Pool Features: Vinyl
  • Exterior Features: French Doors, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Rain Gutters, Sauna
  • Roof: Other
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Covered Parking Spaces: 4
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 885
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 3540
  • Monthly HOA Fee: 295
  • Total Monthly Fees: 295

Schools

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

Lot Info

  • Zoning: RE2
  • Parcel Number: 0241080001
  • Additional Parcels: No
  • Lot Features: In County
  • Millage Rate: 13.32
  • Flood Zone Code: X
  • Future Land Use: 0100
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 12902
  • Tax Book Number: 0034/0011
  • Tax Lot: 86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2014
Closed on
Dec 8, 2015
Sold by
Seles Monica and Thomas Golisano B
Bought by
Salu Eran and Salu Ellen
Seller's Agent
Joel Schemmel
DOUGLAS ELLIMAN
Buyer's Agent
Joel Schemmel
DOUGLAS ELLIMAN
List Price
$1,595,000
Sold Price
$1,435,000
Premium/Discount to List
-$160,000
-10.03%
Current Estimated Value
$2,676,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,241,519
Avg. Annual Appreciation
6.92%
Original Mortgage
$932,750
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 1995
Sold by
Arvida Grand Bay Ltd Ptnr Vi
Bought by
Nick Inv Inc
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
Salu Eran $1,435,000 Attorney
Nick Inv Inc $314,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salu Eran $1,487,500
Closed Salu Eran $205,860
Closed Salu Eran $932,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2015 12/11/15 Sold $1,435,000 -10.0% $248 / Sq Ft
11/10/2015 11/10/15 For Sale $1,595,000 0.0% $276 / Sq Ft
09/14/2015 09/14/15 Pending -- -- --
07/08/2015 07/08/15 Price Changed $1,595,000 -8.9% $276 / Sq Ft
02/03/2015 02/03/15 Price Changed $1,750,000 -5.4% $303 / Sq Ft
01/24/2014 01/24/14 For Sale $1,849,999 -- $320 / 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 $22,065 $1,619,827 -- --
2023 $22,065 $2,046,100 $632,700 $1,413,400
2022 $19,682 $1,771,500 $523,500 $1,248,000
2021 $15,623 $1,217,000 $281,100 $935,900
2020 $15,415 $1,174,800 $293,800 $881,000
2019 $15,587 $1,196,300 $257,900 $938,400
2018 $16,056 $1,233,500 $355,700 $877,800
2017 $16,242 $1,226,400 $350,400 $876,000
2016 $16,216 $1,196,800 $349,200 $847,600
2015 $12,944 $1,332,100 $444,400 $887,700
2014 $12,902 $932,386 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3991478

Stellar MLS

APN: 0241-08-0001