NOT LISTED FOR SALE

3503 Lokai Place Sarasota, FL 34232

Estimated Value: $255,000 - $304,000

3 Beds
1.5 Baths
1,104 Sq Ft
$257/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $260,000 $236 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,758/month

Highlights

  • No HOA
  • Central Heating and Cooling System
  • West Facing Home
  • Sarasota High School Rated A-
  • High Speed Internet
  • 1-Story Property

About This Home

As of March 2022

Sold Data Only.

Last Agent to Sell the Property

Cole Collins

COLDWELL BANKER REALTY License #3385219 Listed on: 03/31/2022

COLDWELL BANKER REALTY

Last Buyer's Agent

Raul Cordero

BRIGHT REALTY License #3401307

BRIGHT REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,338

Year Built

  • Built in 1961

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 90x120
  • West Facing Home
  • Property is zoned RSF3

Parking

  • 2 Carport Spaces

Home Design

  • Slab Foundation
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 1,104 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ridgewood Estates Community
  • Ridgewood Estates Add 03 Resub 01 Subdivision

Listing and Financial Details

  • Tax Lot 128
  • Assessor Parcel Number 0063100069

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,338

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1104
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1961
  • Lot Size Sq Ft: 10800
  • Directions to Property: From Bee Ridge, turn onto Crest Ridge Drive, Turn right on Lahaina Drive, keep driving to Lokai Pl. 3503 on your right.
  • Status: Sold
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 235.51
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Other
  • Appliances Included: Other
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 3503
  • Room Count: 4

Exterior Features

  • Direction Faces: West
  • Exterior Features: Other
  • Roof: Built-Up
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0063100069
  • Additional Parcels: No
  • Lot Dimensions: 90x120
  • Flood Zone Code: X

Rental Info

  • Minimum Lease: 1 Month
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 2337.71
  • Tax Book Number: 13-21
  • Tax Lot: 128

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Mar 30, 2022
Sold by
Citation Development Llc
Bought by
Vazquez Arath Flores
Seller's Agent
Cole Collins
COLDWELL BANKER REALTY
Buyer's Agent
Raul Cordero
BRIGHT REALTY
List Price
$260,000
Sold Price
$260,000
Current Estimated Value
$283,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,333
Avg. Annual Appreciation
2.46%
Original Mortgage
$252,200
Outstanding Balance
$237,316
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$46,017

Purchase Details

Listed on
Jul 25, 2013
Closed on
Aug 1, 2013
Sold by
Balot David and Balot Michelle
Bought by
Citation Development Llc
Seller's Agent
Dave Beachy
BEACHY PROPERTIES
Buyer's Agent
Chad Suarez
BEACHY PROPERTIES
List Price
$124,900
Sold Price
$122,000
Premium/Discount to List
-$2,900
-2.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.23%

Purchase Details

Closed on
Oct 4, 2011
Sold by
Balot David and Balot Michelle
Bought by
Balot David and Balot Michelle

Purchase Details

Closed on
Oct 20, 2008
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Balot David

Purchase Details

Closed on
Aug 29, 2008
Sold by
Potteiger Lisa K and Suntrust Bank
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 15, 2004
Sold by
Howell Judy M and Howell Leo C
Bought by
Potteiger Lisa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,550
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2004
Sold by
Valdes Francisco
Bought by
Howell Leo C and Howell Judy M

Purchase Details

Closed on
Aug 27, 2002
Sold by
Valdes Francisco and Robinson Kerrie
Bought by
Valdes Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,731
Interest Rate
6.49%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 29, 1999
Sold by
Lane Paul R and Lane Elizabeth A
Bought by
Valdes Francisco and Robinson Kerrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,856
Interest Rate
7.94%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 26, 1993
Sold by
Lane Paul R and Lane Elizabeth A
Bought by
Sarasota Finl Svc Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
7.39%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Vazquez Arath Flores $260,000 Florida Title & Guarantee Agen
Citation Development Llc $122,000 None Available
Balot David -- None Available
Balot David $75,000 New House Title Llc
Federal Home Loan Mortgage Corporation -- Attorney
Potteiger Lisa K $169,000 Signature Title Services Llc
Howell Leo C $101,500 --
Valdes Francisco $42,000 --
Valdes Francisco $84,900 --
Sarasota Finl Svc Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vazquez Arath Flores $252,200
Previous Owner Potteiger Lisa K $160,550
Previous Owner Valdes Francisco $86,731
Previous Owner Valdes Francisco $84,856
Previous Owner Sarasota Finl Svc Inc $51,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2022 03/31/22 Sold $260,000 0.0% $236 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $260,000 +113.1% $236 / Sq Ft
09/06/2013 09/06/13 Sold $122,000 -6.1% $111 / Sq Ft View Prior Sale
07/25/2013 07/25/13 Price Changed $129,900 +4.0% $118 / Sq Ft
07/25/2013 07/25/13 Pending -- -- --
07/25/2013 07/25/13 For Sale $124,900 -- $113 / 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 $2,997 $206,200 $134,200 $72,000
2023 $2,997 $211,400 $121,800 $89,600
2022 $2,666 $194,500 $112,800 $81,700
2021 $2,338 $152,700 $64,900 $87,800
2020 $2,159 $135,100 $51,100 $84,000
2019 $2,180 $139,600 $67,900 $71,700
2018 $2,161 $139,500 $63,500 $76,000
2017 $2,076 $130,000 $58,100 $71,900
2016 $1,987 $119,900 $52,500 $67,400
2015 $1,876 $108,400 $43,600 $64,800
2014 $1,760 $63,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4530213

Stellar MLS

APN: 0063-10-0069