NOT LISTED FOR SALE

3623 80th Dr E Sarasota, FL 34243

Estimated Value: $502,415 - $568,000

3 Beds
2 Baths
1,661 Sq Ft
$319/Sq Ft Est. Value

Last Sold August 29, 2023

Last sale price $575,000 $346 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $3,499/month

37 Days on Market

Highlights

  • Screened Pool
  • Open Floorplan
  • High Ceiling
  • Lake View
  • Mediterranean Architecture
  • Great Room

About This Home

As of August 2023

Under contract-accepting backup offers. Welcome to this pristine 1,661 sq ft gem, perfectly situated on a premium lake view lot in the serene and maintenance-free community of The Residences at University Groves. This warm and elegant home offers a blend of comfort and sophistication, creating an inviting atmosphere for you to call home. As you step inside, you'll be greeted by porcelain tile floors that grace the living and dining areas, adding a touch of luxury. The tray ceilings add an extra touch of elegance, while the kitchen boasts stainless steel appliances, granite countertops, and beautiful kitchen cabinets that are both stylish and functional. You'll appreciate the convenience of a built-in pantry, making organizing a breeze. This home also boasts the thoughtful feature of custom walk-in closets in all bedrooms, providing ample storage space and a touch of personalization. Step outside to the inviting heated pool area, where you can relax and take in the picturesque lake views, surrounded by lush landscaping that adds to the tranquil ambiance. The property is thoughtfully equipped with rain gutters and an epoxied garage floor, adding to the overall convenience and care of the home. Additionally, the availability of Natural Gas is a great benefit. Enjoy the peace of mind of residing in a community with no CDD fees and a reasonable monthly HOA fee of $165, which covers maintenance and ensures a hassle-free lifestyle. This prime location offers quick access to the UTC Mall, providing a variety of dining and shopping options, while being in close proximity to SRQ Airport and the renowned Benderson Park. Plus, the famous beaches of the area are just minutes away, making it convenient to soak in the sun and surf. Please note that, while enjoying the openness of the community, no fences are allowed except for invisible fences, ensuring a harmonious neighborhood feel. Don't miss your chance to own this updated and picturesque home; it's an opportunity not to be missed.

Last Agent to Sell the Property

Jennifer Thompson

WILLIAM RAVEIS REAL ESTATE Brokerage Phone: 941-894-1255 License #3276423 Listed on: 06/14/2023

WILLIAM RAVEIS REAL ESTATE

Last Buyer's Agent

Bonnie Strickland

SMITH & ASSOCIATES REAL ESTATE License #641520

SMITH & ASSOCIATES REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,601

Year Built

  • Built in 2010

Lot Details

  • 7,475 Sq Ft Lot
  • Lot Dimensions are 65x115
  • South Facing Home
  • Mature Landscaping
  • Level Lot
  • Irrigation
  • Landscaped with Trees
  • Property is zoned PDMU

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Lake
  • Pool

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,661 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Built-In Desk
  • High Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Great Room
  • Inside Utility

Kitchen

  • Dinette
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

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

Outdoor Features

  • Screened Patio

Schools

  • Kinnan Elementary School
  • Braden River Middle School
  • Southeast High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Association fees include escrow reserves fund, ground maintenance, management
  • Premium Resource Mgmt Association, Phone Number (941) 359-4876
  • University Groves Community
  • Residences At University Groves Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,601

Year Built

Built in 2010

Lot Details

0

HOA Fees

$165 per month

Parking

2

Listing Details

  • HOA Fee Includes: Escrow Reserves Fund, Maintenance Grounds, Management
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1661
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 2010
  • Building Area Total: 2408
  • Lot Size Sq Ft: 7475
  • Status: Sold
  • Street Post Direction: E
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 223.71
  • Escrow State: FL
  • Minimum Lease: 6 Months
  • RATIO Current Price By Calculate: 346.18
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • MFR_BedroomClosetType: Walk-in Closet
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built-in Features, Ceiling Fans(s), High Ceilings, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Great Room,Inside Utility
  • Living Area Meters: 154.31

Exterior Features

  • Direction Faces: South
  • Pool Features: Child Safety Fence, Gunite, Heated, In Ground, Screen Enclosure
  • Exterior Features: Hurricane Shutters, Irrigation System, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Pool, Water
  • Waterfront: No
  • Patio and Porch Features: Screened
  • Road Surface Type: Paved
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Public, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions
  • Association Fee: 165
  • Association Fee Frequency: Monthly
  • Association Name: Premium Resource Mgmt
  • Phone: 941-359-4876
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: See HOA Docs
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1980.00
  • Total Monthly Fees: 165.00
  • Monthly HOA Amount: 165.00

Schools

  • Elementary School: Kinnan Elementary
  • High School: Southeast High
  • Middle Or Junior School: Braden River Middle

Lot Info

  • Zoning: PDMU
  • Parcel Number: 2029002909
  • Additional Parcels: No
  • Lot Features: In County, Level, Sidewalk, Paved
  • Lot Dimensions: 65x115
  • Flood Zone Code: X

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See HOA Docs

Tax Info

  • Tax Annual Amount: 3601
  • Tax Book Number: 49-34
  • Tax Lot: 51

Multi Family

  • Approval Process: See HOA Docs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2023
Closed on
Aug 28, 2023
Sold by
Boyd Michael T and Boyd Maureen Murphy
Bought by
Olszewski Robbi C and Olszewski Bridget N
Seller's Agent
Jennifer Thompson
WILLIAM RAVEIS REAL ESTATE
Buyer's Agent
Bonnie Strickland
SMITH & ASSOCIATES REAL ESTATE
List Price
$699,999
Sold Price
$575,000
Premium/Discount to List
-$124,999
-17.86%
Views
142
Current Estimated Value
$523,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51,375
Avg. Annual Appreciation
-3.46%
Original Mortgage
$431,250
Outstanding Balance
$421,791
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$107,313

Purchase Details

Closed on
May 24, 2012
Sold by
Nemeth Dezso
Bought by
Murphy Boyd Michael T and Murphy Boyd Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2010
Sold by
Sarasota University Groves Llc
Bought by
Nemeth Deszo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,913
Interest Rate
4.73%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Olszewski Robbi C $575,000 Msc Title
Murphy Boyd Michael T $287,000 Attorney
Nemeth Deszo $256,500 University Title Svcs Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olszewski Robbi C $431,250
Previous Owner Murphy Boyd Michael T $227,000
Previous Owner Nemeth Deszo $204,913
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2023 08/29/23 Sold $575,000 -3.4% $346 / Sq Ft
07/22/2023 07/22/23 Pending -- -- --
07/12/2023 07/12/23 Price Changed $595,000 -2.5% $358 / Sq Ft
06/29/2023 06/29/23 Price Changed $610,000 -6.2% $367 / Sq Ft
06/26/2023 06/26/23 Price Changed $650,000 -4.4% $391 / Sq Ft
06/19/2023 06/19/23 Price Changed $680,000 -2.9% $409 / Sq Ft
06/14/2023 06/14/23 For Sale $699,999 -- $421 / 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 $7,185 $466,693 $51,000 $415,693
2023 $3,707 $268,960 $0 $0
2022 $3,601 $261,126 $0 $0
2021 $3,443 $253,520 $0 $0
2020 $3,545 $250,020 $0 $0
2019 $3,483 $244,399 $0 $0
2018 $3,444 $239,842 $0 $0
2017 $3,202 $234,909 $0 $0
2016 $3,188 $230,077 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4573548

Stellar MLS

APN: 20290-0290-9