NOT LISTED FOR SALE

Estimated Value: $701,000 - $785,860

4 Beds
2.5 Baths
2,355 Sq Ft
$318/Sq Ft Est. Value

Last Sold April 06, 2018

Last sale price $505,000 $214 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,482/month

17 Days on Market

Highlights

  • 45 Feet of Waterfront
  • Fitness Center
  • Gated Community
  • Tatum Ridge Elementary School Rated A-
  • Screened Pool
  • Lake View

About This Home

As of April 2018

Built in 2016, this beautiful lakefront home has all of the benefits of new construction with the addition of luxury upgrades and custom finishes. Universal design and accessible elements can be found throughout, creating a move-in ready property for buyers looking for these special features. Add the private cul de sac setting at the water’s edge with expansive lake & preserve views and you'll never want to leave. The open floor plan takes full advantage of the nature-rich scenery and provides an ideal layout for family & entertaining with easy flow from the main living area to the chef’s kitchen, inviting breakfast nook and screened outdoor living space. The covered lanai, oversized paver deck, heated pool with hydraulic lift & spa create the ultimate tropical retreat. A generous master suite offers a bay window overlooking the lake, large walk-in closet, and re-designed master bath with an over-sized shower & full-body dryer. The other 2 bedrooms share a full bath along with a half bath with direct access to the pool and the den with closet can easily be converted to a forth bedroom if needed. The 3-car garage offers additional built-in storage and workbench. All of this and more in the gated, well-established community of Laurel Lakes. As a resident you will also enjoy access to the clubhouse, heated community pool, fitness room, and tennis courts. Minutes to shopping, restaurants, University Town Center, downtown Sarasota and our world-class beaches. A must-see home for discriminating buyers.

Last Agent to Sell the Property

Marci McFarland

MICHAEL SAUNDERS & COMPANY License #3205247 Listed on: 02/15/2018

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Ann Winger

TIDELINE REAL ESTATE BROKERS License #3097045

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,018

Year Built

  • Built in 2016

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 35x155x156x155
  • 45 Feet of Waterfront
  • Lake Front
  • North Facing Home
  • Irrigation
  • Landscaped with Trees
  • Property is zoned RSF1

HOA Fees

  • $108 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,355 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Breakfast Room
  • Inside Utility
  • Lake Views
  • Attic

Kitchen

  • Built-In Convection Oven
  • Cooktop with Range Hood
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Low Flow Plumbing Fixtures

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Storm Windows
  • Fire and Smoke Detector
  • In Wall Pest System

Accessible Home Design

  • Customized Wheelchair Accessible
  • Handicap Modified

Eco-Friendly Details

  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat
  • Ventilation

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Gunite Pool
  • Saltwater Pool
  • Fence Around Pool
  • Child Gate Fence
  • Heated Spa

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, manager, private road, recreational facilities, security, trash
  • Argus Management Association
  • Laurel Lakes Community
  • Laurel Lakes/Barton Farms Subdivision
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Fitness Center

Security

  • Security Service
  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,018

Year Built

Built in 2016

Lot Details

0.34 Acres

HOA Fees

$108 per month

Parking

3

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Manager, Private Road, Recreational Facilities, Security, Trash
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2355
  • Lot Size Acres: 0.34
  • New Construction: No
  • Year Built: 2016
  • Accessibility Features: Customized Wheelchair Accessible, Handicap Modified
  • Building Area Total: 3269
  • Lot Size Sq Ft: 14791
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4210560&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4210560&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.96209
  • Price per Sq Ft: 214.44
  • Close to Original List Price Ratio: 0.96209
  • Ratio: Current Price\Building Area Total: 154.48
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Attic, Ceiling Fans(s), Crown Molding, High Ceiling(s), In Wall Pest System, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Split Bedroom, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, Gas Water Heater, Microwave, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Window Features: Blinds, Thermal Windows, Storm Window(s)
  • Room Count: 10
  • Additional Rooms: Attic, Breakfast Room Separate, Foyer, Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Pool Features: Child Safety Fence, Gunite, Heated, In Ground, Salt Water, Screen Enclosure
  • Exterior Features: Hurricane Shutters, Irrigation System, Lighting, Rain Gutters, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Enclosed, Patio, Porch, Screened
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0170F
  • Waterfront Frontage: 45
  • Water Frontage Feet Lake: 45
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Workshop in Garage
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Fire Hydrant, Gas, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Gated Community, No Truck/RV/Motorcycle Parking, Tennis Courts
  • Association Amenities: Fitness Center, Gated, Recreation Facilities, Security, Tennis Court(s)
  • Association Fee: 1300
  • Association Fee Frequency: Annually
  • Association Name: Argus Management
  • Association: Yes
  • Security: Gated Community, Key Card Entry, Smoke Detector(s), Fire/Smoke Detection Integration
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 1300
  • Monthly HOA Fee: 108.33
  • Total Monthly Fees: 108.33

Schools

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

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0243160033
  • Additional Parcels: No
  • Lot Features: In County
  • Lot Dimensions: 35x155x156x155
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Appliances, Insulation, Thermostat
  • Green Indoor Air Qlty: Ventilation
  • Green Water Conservation: Low-Flow Fixtures

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 8-12 Months
  • Approval Process: Master Association Application, Approval and Fee required.
  • Num Timesper Year: 1
  • Pet Restrictions: See Home Owner Rules - Domestic pets only
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: No more than 10% of the homes may be leased.

Tax Info

  • Tax Annual Amount: 5018
  • Tax Block: 1
  • Tax Lot: 303

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2020
Sold by
Lewis John E and Lewis Gail W
Bought by
Lewis John E and Lewis Gail W
Current Estimated Value
$749,965

Purchase Details

Listed on
Feb 15, 2018
Closed on
Apr 6, 2018
Sold by
Rawak Pate S and Rawak Lynne W
Bought by
Lewis Gail W and Lewis John E
Seller's Agent
Marci McFarland
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Ann Winger
TIDELINE REAL ESTATE BROKERS
List Price
$524,900
Sold Price
$505,000
Premium/Discount to List
-$19,900
-3.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%
Original Mortgage
$255,000
Outstanding Balance
$217,666
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$532,299

Purchase Details

Closed on
Apr 19, 2016
Sold by
Rawak Pate S and Rawak Lynne W
Bought by
Rawak Pate S and Rawak Lynne W

Purchase Details

Closed on
Apr 1, 2016
Bought by
Rawak Family Trust

Purchase Details

Closed on
Jan 28, 2016
Sold by
Lennar Homes Llc
Bought by
Rawak Pate S and Rawak Lynne W

Purchase Details

Closed on
Aug 3, 2015
Sold by
Barton Farms Inc
Bought by
Lennar Homes Llc
Source: Public Records
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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
Lewis John E -- Attorney
Lewis Gail W $505,000 Attorney
Rawak Pate S -- Attorney
Rawak Family Trust $100 --
Rawak Pate S $453,400 North American Title Company
Lennar Homes Llc $450,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Gail W $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2018 04/06/18 Sold $505,000 -3.8% $214 / Sq Ft
03/05/2018 03/05/18 Pending -- -- --
02/15/2018 02/15/18 For Sale $524,900 -- $223 / Sq Ft
Source: Stellar MLS

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
2025 $5,662 $478,866 -- --
2024 $5,458 $465,370 -- --
2023 $5,458 $451,816 $0 $0
2022 $5,302 $438,656 $0 $0
2021 $5,274 $425,880 $0 $0
2020 $5,293 $420,000 $125,500 $294,500
2019 $5,285 $423,700 $141,500 $282,200
2018 $5,039 $405,643 $0 $0
2017 $5,018 $397,300 $129,000 $268,300
2016 $1,787 $134,800 $134,800 $0
2015 $1,763 $129,500 $129,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4210560

Stellar MLS

APN: 0243-16-0033

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