NOT LISTED FOR SALE

Estimated Value: $269,000 - $305,000

3.33 Acres
$87,968 Price per Acre
145,055 Sq Ft Lot

Last Sold July 12, 2024

Last sale price $320,000

Est. 8% decrease in value since last sale

Current estimated payment $1,816/month

Highlights

  • Gated Community
  • 3.33 Acre Lot
  • Dogs and Cats Allowed
  • Tatum Ridge Elementary School Rated A-
  • Private Lot
  • Partially Fenced Property

About This Lot

As of July 2024

Rare opportunity to own 3.3 pristine acres, high & dry and ready to build your dream home! Bring your Builder and your imagination--or hold for long term investment. Located in east Sarasota with an abundance of peaceful privacy in mind, this gated equestrian community consists of multi-million dollar homes on just 16 total homesites. This is Lot #4 and has the desired east-west orientation. HOA allows 3 structures on site--main house, guest house, and a detached garage/workshop or barn. Survey available. Easy access to the growing areas of Lakewood Ranch as well major shopping & dining, downtown Sarasota and pristine beaches on Siesta Key. 3,000sf minimum build requirement means you'll be surrounded by estate-size homes & beyond, ensuring long-term compatibility and resale value. Make it yours today before it's GONE!

Last Agent to Sell the Property

Todd Rentschler

FINE PROPERTIES Brokerage Phone: 941-782-0000 License #3258427 Listed on: 06/19/2024

FINE PROPERTIES

Last Buyer's Agent

Todd Rentschler

FINE PROPERTIES Brokerage Phone: 941-782-0000 License #3258427 Listed on: 06/19/2024

FINE PROPERTIES

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,303

Lot Details

  • 3.33 Acre Lot
  • Lot Dimensions are 277x540
  • Property fronts a private road
  • Street terminates at a dead end
  • West Facing Home
  • Partially Fenced Property
  • Vinyl Fence
  • Private Lot
  • Oversized Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned OUE

HOA Fees

  • $125 Monthly HOA Fees

Schools

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

Utilities

  • Underground Utilities
  • Well Required
  • Septic Needed

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 0548020040

Community Details

Overview

  • Mike Miller Association
  • Casa Di Compagni Community
  • Casa DI Compagni Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,303

Lot Details

3.33 Acres

HOA Fees

$125 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 3.33
  • Lot Size Sq Ft: 145145
  • Number Of Lots: 1
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow City: Sarasota
  • Escrow State: FL
  • Escrow Street Name: Paylor Ln
  • RATIO Current Price By Calculate: 2.20
  • Total Acreage: 2 to less than 5
  • Water Access YN: 0
  • Attribution Contact: 941-782-0000
  • Tax Year: 2023
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Direction Faces: West
  • Road Frontage Type: Private Road
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Utilities

  • Utilities: Electricity Available, Underground Utilities, Water Available
  • Sewer: Septic Needed
  • Water Source: Well, Well Required

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community - No Guard, Golf Carts OK
  • Association Amenities: Gated
  • Association Fee: 1500
  • Association Fee Frequency: Annually
  • Association Name: Mike Miller
  • Association: Yes
  • Security: Gated Community
  • Association 2 YN: 0
  • Pet Restrictions: Verify with HOA docs
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1500.00
  • Total Monthly Fees: 125.00
  • Monthly HOA Amount: 125.00

Schools

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

Lot Info

  • Zoning: OUE
  • Parcel Number: 0548020040
  • Additional Parcels: No
  • Current Use: Residential
  • Fencing: Partial, Vinyl
  • Lot Features: Buildable, Cleared, In County, Level, Oversized Lot, Room For Pool, Street Dead-End, Paved, Private
  • Lot Dimensions: 277x540
  • Flood Zone Code: X
  • Current Adjacent Use: Residential

Rental Info

  • Pets Allowed: Cats OK, Dogs OK, Yes

Tax Info

  • Tax Annual Amount: 2302.74
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2024
Closed on
Jul 11, 2024
Sold by
William Premkumar R and William Lalitha M
Bought by
Imx Group Llc
Seller's Agent
Todd Rentschler
FINE PROPERTIES
Buyer's Agent
Todd Rentschler
FINE PROPERTIES
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%
Views
4
Current Estimated Value
$292,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,065
Avg. Annual Appreciation
-5.12%

Purchase Details

Listed on
Oct 8, 2020
Closed on
Nov 20, 2020
Sold by
West Kenda and Bengel Mark
Bought by
William Premkumar R and William Lalitha M
Seller's Agent
Michael James
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Todd Rentschler
FINE PROPERTIES
List Price
$138,000
Sold Price
$131,000
Premium/Discount to List
-$7,000
-5.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.81%

Purchase Details

Listed on
Feb 16, 2018
Closed on
Oct 10, 2018
Sold by
Drm Holdings Llc
Bought by
West Kenda and Bengel Mark
Seller's Agent
Shaun Cumston
STERLING REALTY
Buyer's Agent
Nicholas Hays
WILLIAM RAVEIS REAL ESTATE
List Price
$109,000
Sold Price
$95,000
Premium/Discount to List
-$14,000
-12.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.37%

Purchase Details

Closed on
Jul 21, 2015
Sold by
Overmyer John E
Bought by
Drm Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 7, 2011
Sold by
Overmyer John E and Overmyer Lisa M
Bought by
Overmyer John E

Purchase Details

Closed on
Oct 23, 2009
Sold by
Overmyer Andrew V and Overmyer Kathy A
Bought by
Overmyer John E and Overmyer Lisa M

Purchase Details

Closed on
Apr 14, 2005
Sold by
Cassata Development Organization Inc
Bought by
Overmyer Andrew and Overmyer Kathy A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Buyer Sale Price Title Company
Imx Group Llc $320,000 Properties Title
William Premkumar R $131,000 Wickman John E
West Kenda $95,000 Attorney
Drm Holdings Llc $100,000 Attorney
Overmyer John E -- Attorney
Overmyer John E $100,000 Attorney
Overmyer Andrew $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Drm Holdings Llc $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/12/2024 07/12/24 Sold $320,000 -1.5% --
06/20/2024 06/20/24 Pending -- -- --
06/19/2024 06/19/24 For Sale $325,000 +148.1% --
11/20/2020 11/20/20 Sold $131,000 -5.1% -- View Prior Sale
10/16/2020 10/16/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $138,000 +45.3% --
10/10/2018 10/10/18 Sold $95,000 -4.9% -- View Prior Sale
09/24/2018 09/24/18 Pending -- -- --
09/14/2018 09/14/18 Price Changed $99,900 -4.8% --
04/24/2018 04/24/18 Price Changed $104,900 -3.8% --
02/16/2018 02/16/18 For Sale $109,000 -- --
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 $1,990 $273,900 $273,900 --
2024 $2,303 $129,240 -- --
2023 $2,303 $265,600 $265,600 $0
2022 $1,871 $201,600 $201,600 $0
2021 $1,195 $97,100 $97,100 $0
2020 $1,003 $79,400 $79,400 $0
2019 $1,060 $84,300 $84,300 $0
2018 $1,309 $104,100 $104,100 $0
2017 $1,332 $104,100 $104,100 $0
2016 $1,298 $99,400 $99,400 $0
2015 $986 $73,300 $73,300 $0
2014 $1,196 $80,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4614439

Stellar MLS

APN: 0548-02-0040

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