NOT LISTED FOR SALE

Estimated Value: $905,327 - $947,000

3 Beds
3.5 Baths
3,261 Sq Ft
$284/Sq Ft Est. Value

Last Sold September 28, 2017

Last sale price $655,000 $201 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,486/month

57 Days on Market

Highlights

  • 190 Feet of Lake Waterfront
  • Screened Pool
  • Gated Community
  • Tatum Ridge Elementary School Rated A-
  • Custom Home
  • Fireplace in Primary Bedroom

About This Home

As of September 2017

Every once in a while, we find a home that is special in every way: the location, the setting, the floorplan and the decor. This is that home. A welcoming sophistication with a wide, open floor plan and continual focus on the incredible lake front setting. Perfect for entertaining and love of life living, this John Cannon 3 BR/3.5 B + poolside bonus room + private office + side-load 3 car garage (with fabulous easy-maintenance flooring). The ‘hub of the home’ kitchen features a large breakfast bar, aquarium-glassed dinette and a separate bar area with wine cooler. With easy service to the dining and living rooms, the kitchen opens to the lakefront family room with its disappearing glass walls. With an unrivaled lake front setting, you are going to love the pool, spa, covered outdoor living area with fireplace and the lushly, planted grounds including a fire pit area and your own private beach.

Last Agent to Sell the Property

Marcia Salkin

MICHAEL SAUNDERS & COMPANY License #0353704 Listed on: 06/09/2017

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Lorna Leduc

ROSEBAY INTERNATIONAL REALTY, INC License #0708893

ROSEBAY INTERNATIONAL REALTY, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,706

Year Built

  • Built in 2001

Lot Details

  • 0.4 Acre Lot
  • 190 Feet of Lake Waterfront
  • Lake Front
  • West Facing Home
  • Mature Landscaping
  • Irrigation
  • Property is zoned RSF1

HOA Fees

  • $108 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Rear-Facing Garage
  • Side Facing Garage
  • Garage Door Opener
  • Guest Parking

Property Views

  • Lake
  • Woods
  • Pool

Home Design

  • Custom Home
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,261 Sq Ft Home
  • Gas Fireplace
  • Blinds
  • Family Room
  • Living Room with Fireplace
  • Den
  • Bonus Room
  • Inside Utility
  • Wood Flooring
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Pool

  • Screened Pool
  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Deck
  • Screened Patio
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 2579
  • Assessor Parcel Number 0244140004

Community Details

Overview

  • Hammocks Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Playground
  • Park

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,706

Year Built

Built in 2001

Lot Details

0.4 Acres

HOA Fees

$108 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 3261
  • Lot Size Acres: 0.4
  • New Construction: No
  • Year Built: 2001
  • Building Area Total: 4293
  • Lot Size Sq Ft: 17328
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 200.86
  • Total Acreage: 1/4 Acre to 21779 Sq. Ft.
  • Water Access YN: 0
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Living Room, Master Bedroom, Other
  • Living Area Units: Square Feet
  • Flooring: Wood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Solid Wood Cabinets, Walk-In Closet(s)
  • Appliances Included: Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Den/Library/Office,Family Room,Inside Utility

Exterior Features

  • Direction Faces: West
  • Pool Features: In Ground, Screen Enclosure
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill, Rain Gutters
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • View: Pool, Trees/Woods, Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 190
  • Flood Zone Panel: 12115C0170F
  • Water Frontage Feet Lake: 190

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Garage Faces Rear, Garage Faces Side, Guest

Utilities

  • Utilities: Other
  • Cooling: Central Air
  • Heating: Central

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated, Park, Playground
  • Association Amenities: Gated, Park, Playground
  • Association Fee: 1300
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required

Fee Information

  • Monthly HOA Amount: 108.33

Schools

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

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0244140004
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 5706
  • Tax Lot: 2579

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2017
Closed on
Sep 28, 2017
Sold by
Kneebone Lynn M
Bought by
Mcerlane Timothy M and Mcerlane Theresa J
Seller's Agent
Marcia Salkin
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Lorna Leduc
ROSEBAY INTERNATIONAL REALTY, INC
List Price
$719,000
Sold Price
$655,000
Premium/Discount to List
-$64,000
-8.9%
Current Estimated Value
$924,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,582
Avg. Annual Appreciation
4.15%
Original Mortgage
$524,000
Outstanding Balance
$435,355
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$489,227

Purchase Details

Listed on
Mar 27, 2011
Closed on
Apr 9, 2012
Sold by
Ley James L and Ley Tamara J
Bought by
Kneebone Lynn M
Seller's Agent
TAMARA LEY
LIMBO COMPANY SARASOTA ASSOC
Buyer's Agent
Karen Greco
GRECO REAL ESTATE
List Price
$490,000
Sold Price
$490,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.45%
Original Mortgage
$392,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2001
Sold by
Kemmons Wilson Inc
Bought by
Ley James L and Ley Tamara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
6.98%
Source: Public Records
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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
Mcerlane Timothy M $655,000 Attorney
Kneebone Lynn M $490,000 Attorney
Ley James L $87,500 --
Ley James L $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcerlane Timothy M $524,000
Previous Owner Kneebone Lynn M $392,000
Previous Owner Ley James L $405,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2018 08/17/18 Off Market $655,000 -- --
09/28/2017 09/28/17 Sold $655,000 -8.9% $201 / Sq Ft
06/09/2017 06/09/17 For Sale $719,000 +46.7% $220 / Sq Ft
04/09/2012 04/09/12 Sold $490,000 0.0% $150 / Sq Ft View Prior Sale
02/15/2012 02/15/12 Pending -- -- --
03/26/2011 03/26/11 For Sale $490,000 -- $150 / Sq Ft
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 $6,806 $569,630 -- --
2024 $6,565 $553,576 -- --
2023 $6,565 $537,452 $0 $0
2022 $6,393 $521,798 $0 $0
2021 $6,335 $506,600 $141,700 $364,900
2020 $6,528 $513,000 $166,400 $346,600
2019 $6,342 $502,800 $151,900 $350,900
2018 $6,964 $518,000 $144,500 $373,500
2017 $5,724 $446,645 $0 $0
2016 $5,706 $458,200 $104,400 $353,800
2015 $5,809 $450,200 $91,600 $358,600
2014 $5,788 $424,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4188714

Stellar MLS

APN: 0244-14-0004

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