NOT LISTED FOR SALE

Estimated Value: $486,413 - $536,000

4 Beds
2 Baths
2,062 Sq Ft
$244/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $475,000 $230 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,202/month

Highlights

  • Saltwater Pool
  • Contemporary Architecture
  • Pool View
  • Fishing
  • High Ceiling
  • Solid Surface Countertops

About This Home

As of December 2021

Get your checkbook ready, you’re sure to fall in LOVE with all this home has to offer! You’ll LOVE the location, tucked in on a cul-de -sac with fabulous curb appeal. You’ll LOVE the floor plan, with 4 full bedrooms and 2 baths, living, family and dining room. You'll LOVE the NEW ROOF (2021) and the NEW AC (2020), You’ll LOVE the open view of the heated, salt-water pool and the expanded screened lanai, you’ll LOVE the fenced back yard with plenty of room for all the family, friends, pets and outdoor fun. You’ll LOVE the easy access to shops, restaurants, beaches and sporting events. The split floor plan accented with vaulted ceilings lives large! Kitchen features center island, stainless appliances, Corian counters along with, newly painted cabinetry. Light and bright home accented with sliders to pool, neutral fresh painted interior, decorative fans and light fixtures and window treatments will allow you to move right in and start enjoying all this Florida lifestyle has to offer. Invite the family, the friends, work from home, there is room for all! Oak Trace is a private home subdivision with 69 homes, woodlands, wetlands and ponds. It’s a short drive to the Gulf beaches on Anna Maria Island, a short drive to UTC Town Center with fabulous restaurants & shopping. Siesta Key or St Armond’s will be your favorite day trips. Sarasota International airport is minutes away and it is an easy commuter drive to St. Pete or Tampa. What more can you ask for? Call today, easy to show. NO CDD FEES!

Last Agent to Sell the Property

Maggie Nasser

RE/MAX PALM License #0654888 Listed on: 11/18/2021

RE/MAX PALM

Last Buyer's Agent

Maggie Nasser

RE/MAX PALM License #0654888 Listed on: 11/18/2021

RE/MAX PALM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,290

Year Built

  • Built in 2004

Lot Details

  • 0.25 Acre Lot
  • South Facing Home
  • Vinyl Fence
  • Mature Landscaping
  • Oversized Lot
  • Irrigation
  • Property is zoned PDR

HOA Fees

  • $54 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,062 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Formal Dining Room
  • Inside Utility
  • Pool Views
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Saltwater Pool
  • Screened Patio
  • Rain Gutters

Schools

  • Manatee Elementary School-Mn
  • Martha B. King Middle School
  • Braden River High School

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, manager
  • Pinnacle Mgmt Association
  • Oak Trace Community
  • Oak Trace Subdivision
  • Rental Restrictions

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,290

Year Built

Built in 2004

Lot Details

0

HOA Fees

$54 per month

Parking

2

Listing Details

  • HOA Fee Includes: Common Area Taxes, Manager
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Block, Brick, Stucco
  • Fireplace: No
  • Living Area: 2062
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 2004
  • Lot Size Sq Ft: 10803
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4518249?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4518249?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: Yes
  • Ratio: Close Price\List Price: 1.01085
  • Price per Sq Ft: 230.36
  • Close to Original List Price Ratio: 1.01085
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Yn: No
  • Window Features: Window Treatments
  • Room Count: 8
  • Additional Rooms: Formal Dining Room Separate, Inside Utility

Exterior Features

  • Direction Faces: South
  • Pool Features: Heated, Salt Water
  • Exterior Features: Fenced, Irrigation System, Rain Gutters, Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • View: Pool
  • Waterfront: No
  • Patio and Porch Features: Screened
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fishing
  • Association Fee: 162
  • Association Fee Frequency: Quarterly
  • Association Name: Pinnacle Mgmt
  • Phone: Craig A. Smith
  • Association: Yes
  • Security: Security System
  • Senior Community: No
  • Association Email: craig@pinnaclecam.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 648
  • Monthly HOA Fee: 54
  • Total Monthly Fees: 54

Schools

  • Elementary School: Manatee Elementary School-MN
  • High School: Braden River High
  • Middle Or Junior School: Martha B. King Middle

Lot Info

  • Zoning: PDR
  • Parcel Number: 1545112109
  • Additional Parcels: No
  • Fencing: Vinyl
  • Lot Features: Oversized Lot, Sidewalk
  • Property Attached Yn: No
  • Flood Zone Code: X

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See attached HOA Information

Tax Info

  • Tax Annual Amount: 3289.53
  • Tax Book Number: 41-122
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2021
Closed on
Dec 22, 2021
Sold by
Grout Harland C and Grout Cynthia D
Bought by
Lorenz Graham F
Seller's Agent
Maggie Nasser
RE/MAX PALM
Buyer's Agent
Maggie Nasser
RE/MAX PALM
List Price
$469,900
Sold Price
$475,000
Premium/Discount to List
$5,100
1.09%
Current Estimated Value
$502,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,603
Avg. Annual Appreciation
1.42%
Original Mortgage
$308,750
Outstanding Balance
$283,471
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$219,132

Purchase Details

Listed on
Mar 7, 2019
Closed on
Apr 18, 2019
Sold by
Manstan Lisa
Bought by
Grout Harland C and Grout Cynthia D
Seller's Agent
Tyce Clark
COLDWELL BANKER REALTY
Buyer's Agent
Tyce Clark
COLDWELL BANKER REALTY
List Price
$289,000
Sold Price
$299,000
Premium/Discount to List
$10,000
3.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.85%
Original Mortgage
$239,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 20, 2018
Sold by
Manstan Kenneth and Manstan Louise
Bought by
Manstan Lisa

Purchase Details

Closed on
Jun 22, 2011
Sold by
Whelpton Mathew and Whelpton Andrea
Bought by
Manstan Gordon and Manstan Lisa

Purchase Details

Closed on
Sep 3, 2008
Sold by
Federal National Mortgage Association
Bought by
Whelpton Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,526
Interest Rate
6.34%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 1, 2008
Sold by
Freeman Clayton
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Feb 25, 2004
Sold by
K Hovnanian Windward Homes Llc
Bought by
Freeman Clayton and Freeman Samantha D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,260
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage
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
Lorenz Graham F $475,000 Attorney
Grout Harland C $299,000 Sunbelt Title Agency
Manstan Lisa $118,200 Attorney
Manstan Gordon $210,000 Sunbelt Title Agency
Whelpton Matthew $214,900 Watson Title Insurance Inc
Wells Fargo Bank Na -- Attorney
Freeman Clayton $64,000 First Florida Title Company
K Hovnanian Windward Homes Llc $51,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lorenz Graham F $308,750
Previous Owner Grout Harland C $239,000
Previous Owner Whelpton Matthew $211,526
Previous Owner Freeman Clayton $178,260
Closed Freeman Clayton $33,423
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/22/2021 12/22/21 Sold $475,000 +1.1% $230 / Sq Ft
11/18/2021 11/18/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $469,900 +57.2% $228 / Sq Ft
04/18/2019 04/18/19 Sold $299,000 +3.5% $145 / Sq Ft View Prior Sale
03/08/2019 03/08/19 Pending -- -- --
03/06/2019 03/06/19 For Sale $289,000 -- $140 / 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
2025 $6,266 $398,294 $30,600 $367,694
2024 $6,266 $445,480 $30,600 $414,880
2023 $6,779 $472,313 $30,600 $441,713
2022 $3,331 $404,886 $30,000 $374,886
2021 $3,198 $234,866 $0 $0
2020 $3,290 $231,623 $0 $0
2019 $4,213 $249,688 $30,000 $219,688
2018 $4,162 $244,077 $27,500 $216,577
2017 $3,874 $237,685 $0 $0
2016 $3,812 $229,524 $0 $0
2015 $3,284 $215,676 $0 $0
2014 $3,284 $192,660 $0 $0
2013 $2,984 $172,018 $22,200 $149,818
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4518249

Stellar MLS

APN: 15451-1210-9