NOT LISTED FOR SALE

Estimated Value: $2,132,000 - $2,406,000

4 Beds
4.5 Baths
4,024 Sq Ft
$563/Sq Ft Est. Value

Last Sold March 07, 2024

Last sale price $2,220,000 $552 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $13,645/month

75 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Custom Home
  • Tatum Ridge Elementary School Rated A-
  • Screened Pool
  • Lake View

About This Home

As of March 2024

Spectacular sweeping lake views! Built on one of the most beautiful lake & preserve sites in the prestigious Founders Club, this exceptional home offers character and an unrivaled setting. The elegant exterior is enhanced with a stacked stone entryway, mature tropical landscaping, an inviting double door entry and sits on over half an acre. This expansive retreat offers impressive interior and outdoor living, for those seeking the best in Florida living. The open floorplan integrates a large living area, gourmet kitchen, and great room providing two gathering spaces perfect for family activities or entertaining. A sunlit kitchen with rich contemporary cabinetry and gourmet Wolf range offers ample space for preparing meals. The separate dining area is elegant for dinner parties, while a charming built-in bar makes serving drinks a pleasure. A lovely den offers a work from home solution or space to unwind. The sizable owner’s retreat features a sitting area, large picture windows, double walk-in closets, garden soaking tub, luxurious walkthrough shower, and separate vanities. A spacious room off the back of the home serves as a bonus room, second office, or 4th bedroom. Tucked away are two en-suite guest rooms with walk-in closets and private bathrooms. Special touches throughout include tall coffered ceilings, crown molding, designer Curry & Co chandeliers, high-end window treatments and plantation shutters, custom Italian interior doors, and wide plank wood floors in all bedrooms. Wall to wall windows and pocketing sliders frame views of a naturally gorgeous sanctuary. A 3-car garage comes equipped with recently-installed Epoxy flooring and a Tesla charging facility. The heated saltwater pool and spa is surrounded by a large deck area, outdoor kitchen, and spacious covered lanai. Nestled between two sparkling lakes and set against the backdrop of a wooded preserve, this immaculately-maintained home offers unparalleled views and privacy. The two AC units, water heater, salt system, and pool pump are nearly new, as are all of the kitchen and laundry appliances. This incredible home is priced far below reproduction cost. The Founders Club is a guard-gated neighborhood with ancient oaks, abundant protected nature preserves, and a prized Robert Trent Jones Jr. golf course. Golf and social memberships are optional. Other amenities include Har-tru tennis courts, recreational yoga classes, fitness center, clubhouse, social events, and full restaurant with veranda for members. The Founders Club is in a prime location with easy access to the cultural venues of downtown Sarasota and mere minutes to farmer’s markets, polo fields, medical facilities, shops, and restaurants. For golfers, it offers one of the best courses in the region. Come tour this remarkable home and discover an exceptional opportunity.

Last Agent to Sell the Property

Janelle Mertins

COMPASS FLORIDA LLC License #3288209 Listed on: 11/08/2023

COMPASS FLORIDA LLC

Last Buyer's Agent

Nicholas Rapisardi

SIMPLIHOM License #3229484

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,251

Year Built

  • Built in 2006

Lot Details

  • 0.55 Acre Lot
  • West Facing Home
  • Corner Lot
  • Property is zoned OUE1

HOA Fees

  • $423 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Lake
  • Woods

Home Design

  • Custom Home
  • Florida Architecture
  • Stem Wall Foundation
  • Tile Roof
  • Concrete Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,024 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bar Fridge
  • Dry Bar
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Family Room Off Kitchen

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Epoxy
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Thermostat
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Reclaimed Water Irrigation System
  • Property is near a golf course

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, escrow reserves fund, ground maintenance, management, private road, recreational facilities
  • Lighthouse Property Management, Hope Root Association, Phone Number (941) 560-5560
  • Visit Association Website
  • Founders Club Community
  • Founders Club Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community, no truck, recreational vehicles, or motorcycle parking

Amenities

  • Restaurant

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,251

Year Built

Built in 2006

Lot Details

0

HOA Fees

$423 per month

Parking

3

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Escrow Reserves Fund, Maintenance Grounds, Management, Private Road, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom, Florida
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 4024
  • Lot Size Acres: 0.55
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 5677
  • Lot Size Sq Ft: 24000
  • Directions to Property: From I-75, take the Fruitville Road exit and head East for approximately 3 miles to Founders Club on the Right.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 169647934
  • Minimum Lease: 1-2 Years
  • RATIO Current Price By Calculate: 551.69
  • Total Acreage: 1/2 to less than 1
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Epoxy, Tile, Wood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Central Vaccum, Coffered Ceiling(s), Crown Molding, Dry Bar, Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Solid Surface Counters, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Stem Wall
  • Total Bedrooms: 4
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Street Number Modifier: 3314
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 373.84
  • Room Count: 12

Exterior Features

  • Direction Faces: West
  • Pool Features: Child Safety Fence, Heated, In Ground, Lighting, Salt Water, Screen Enclosure
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Concrete, Tile
  • Pool Private: Yes
  • View: Trees/Woods, Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Patio, Rear Porch, Screened
  • Road Surface Type: Paved
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Public, Sewer Connected, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness Center, Golf Carts OK, Golf, Irrigation-Reclaimed Water, No Truck/RV/Motorcycle Parking, Playground, Restaurant, Sidewalks, Tennis Courts
  • Association Fee: 2538
  • Association Fee Frequency: Semi-Annually
  • Association Name: Lighthouse Property Management, Hope Root
  • Phone: 941-560-5560
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Leash Laws apply. Please refer to HOA Documents for any additional restrictions.
  • Association Fee Requirement: Required
  • Association Email: hoperoot@mgmt.tv
  • Association URL: www.lighthousepropertymanagement.net

Fee Information

  • Total Annual Fees: 5076.00
  • Total Monthly Fees: 423.00
  • Monthly HOA Amount: 423.00

Schools

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

Lot Info

  • Zoning: OUE1
  • Parcel Number: 0222030121
  • Additional Parcels: No
  • Lot Features: Corner Lot, In County, Near Golf Course, Sidewalk, Paved
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 2230

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please refer to HOA Documents for any additional restrictions.

Tax Info

  • Tax Annual Amount: 10250.67
  • Tax Lot: T-1

Multi Family

  • Approval Process: Please refer to HOA Documents.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2023
Closed on
Mar 6, 2024
Sold by
Banerjee Jayanta Kumar and Banerjee Sheila Elizabet
Bought by
James L Mortenson And Tracy L Mortenson Revoc and Mortenson
Seller's Agent
Janelle Mertins
COMPASS FLORIDA LLC
Buyer's Agent
Nicholas Rapisardi
SIMPLIHOM
List Price
$2,295,000
Sold Price
$2,220,000
Premium/Discount to List
-$75,000
-3.27%
Views
73
Current Estimated Value
$2,266,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,570
Avg. Annual Appreciation
2.83%

Purchase Details

Closed on
Nov 30, 2016
Sold by
Bradley Peter and Bradley Kathleen
Bought by
Benerjee Jayanta Kumar and Gleason Sheila Elizabeth

Purchase Details

Closed on
Oct 23, 2009
Sold by
Fl Investments #2 Llc
Bought by
Bradley Peter and Bradley Kathleen

Purchase Details

Closed on
Sep 28, 2005
Sold by
Taylor Woodrow Homes Central Florida Div
Bought by
Fl Investments #2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2005
Sold by
The Founders Club Development Co Llc
Bought by
Taylor Woodrow Homes Central Florida Div
Source: Public Records

Range of Values:

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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
James L Mortenson And Tracy L Mortenson Revoc $2,220,000 None Listed On Document
Benerjee Jayanta Kumar $1,030,000 None Available
Bradley Peter $770,000 Riddelltitle & Escrow Llc
Fl Investments #2 Llc $319,000 --
Taylor Woodrow Homes Central Florida Div $1,365,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fl Investments #2 Llc $673,000
Previous Owner Fl Investments #2 Llc $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2024 03/07/24 Sold $2,220,000 -3.3% $552 / Sq Ft
01/23/2024 01/23/24 Pending -- -- --
11/08/2023 11/08/23 For Sale $2,295,000 -- $570 / 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 $10,467 $889,301 -- --
2023 $10,467 $863,399 $0 $0
2022 $10,251 $838,251 $0 $0
2021 $10,131 $813,836 $0 $0
2020 $10,190 $802,600 $158,800 $643,800
2019 $11,467 $911,496 $0 $0
2018 $11,255 $894,500 $208,000 $686,500
2017 $11,237 $877,802 $0 $0
2016 $12,342 $941,700 $227,300 $714,400
2015 $11,500 $846,900 $261,900 $585,000
2014 $10,181 $648,923 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4588533

Stellar MLS

APN: 0222-03-0121