S
Landlord's Agent in 2023
Sarasota Management
SARASOTA MANAGEMENT & LEASING
5157 Coral Reef Way Bradenton, FL 34211
Estimated Value: $515,965 - $600,000
3
Beds
3
Baths
1,849
Sq Ft
$295/Sq Ft
Est. Value
Highlights
- Fitness Center
- Gated Community
- Open Floorplan
- B.D. Gullett Elementary School Rated A-
- Lake View
- Clubhouse
About This Home
As of May 2023This is a brand new 3 bedroom, 3 full bath lake view home in the gated Lorrain Lakes Community in Lakewood Ranch. Based on the Venice floorplan, this home features a split plan layout with a large living room with sliding glass doors to a screened in patio with lake views. The kitchen is part of the main living space and features a gas cooktop, white shaker panel cabinets, stainless steel appliances, stone countertops, and a walk-in pantry. The master bedroom is spacious and peaceful with views of the lake and features two large walk-in closets. The master bath is fitted with dual sinks, stone countertops, plenty of storage plus an impressive oversized walk-in shower. There is a spare bedroom with an ensuite bathroom and an additional guest bedroom and bathroom. The laundry room is fully equipped and leads to a 2-car garage. Lorraine Lakes is designed around many sparkling lakes, offering sweeping water and preserve views. This community has one-of-a-kind amenities including a multi-million dollar clubhouse with a restaurant and bar, a resort-style pool with lap lanes, a fitness center, tennis, pickleball, basketball and bocce ball courts, sports/event lawn, playground, splash park, and sand volleyball. The amenities are currently in construction and projected to be finished at some time during the summer. Lakewood Ranch has been rated as the nation’s #1 multi-generational planned community known for excellent schools, beautiful state parks, exceptional restaurants and entertainment, unlimited shopping, and not far from some of the best beaches in the country. Please allow up to 15 days after approval before move-in for the HOA to process their own application. Please be aware that leasing this property includes a non-optional Home Assistant Services Package that will cost an additional $30 per month. These services and their cost are separate from Tenant’s monthly rent payment and all other payments described in the Lease or any separate Lease addendums. The Home Assistant Services offered are described in the Resident Welcome Packet which is can be viewed here: www.sarasotamanagement.com/home-assistant/
Last Agent to Rent the Property
SARASOTA MANAGEMENT & LEASING License #3103264 Listed on: 02/24/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,900
Year Built
- Built in 2023
Lot Details
- 8,181 Sq Ft Lot
- East Facing Home
- Landscaped
- Private Lot
Parking
- 2 Car Attached Garage
Interior Spaces
- 1,849 Sq Ft Home
- Open Floorplan
- Sliding Doors
- Combination Dining and Living Room
- Inside Utility
- Lake Views
Kitchen
- Solid Surface Countertops
- Solid Wood Cabinet
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
Additional Features
- Reclaimed Water Irrigation System
- Covered Patio or Porch
Listing and Financial Details
- Residential Lease
- Security Deposit $5,990
- Property Available on 2/24/23
- The owner pays for cable TV, grounds care
- 12-Month Minimum Lease Term
- $95 Application Fee
- 1 to 2-Year Minimum Lease Term
- Assessor Parcel Number 581210909
Community Details
Overview
- Property has a Home Owners Association
- Icon Management Association, Phone Number (941) 479-0115
- Lakewood Ranch Community
- Lorraine Lakes Ph I Subdivision
- The community has rules related to vehicle restrictions
Recreation
- Tennis Courts
- Community Playground
- Fitness Center
- Community Pool
- Park
- Trails
Additional Features
- Clubhouse
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 17, 2023
Sold by
Lennar Homes Llc
Bought by
Nehdar Carolina
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,974
Outstanding Balance
$382,364
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$168,368
Purchase Details
Closed on
Sep 16, 2022
Sold by
Ag Essential Housing Multistate 2 Llc
Bought by
Lennar Homes Llc
Purchase Details
Closed on
Nov 16, 2021
Sold by
Lennar Homes Llc
Bought by
Ag Essentail Housing Multi State 2 Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nehdar Carolina | $525,300 | Lennar Title | |
| Lennar Homes Llc | $959,900 | -- | |
| Ag Essentail Housing Multi State 2 Llc | $26,078,400 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nehdar Carolina | $393,974 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2023 05/15/23 | Rented | $2,995 | 0.0% | -- |
| 04/26/2023 04/26/23 | Under Contract | -- | -- | -- |
| 04/19/2023 04/19/23 | Price Changed | $2,995 | -3.1% | $2 / Sq Ft |
| 04/14/2023 04/14/23 | Price Changed | $3,090 | -7.8% | $2 / Sq Ft |
| 03/10/2023 03/10/23 | Price Changed | $3,350 | -4.1% | $2 / Sq Ft |
| 03/09/2023 03/09/23 | Price Changed | $3,495 | -5.4% | $2 / Sq Ft |
| 02/24/2023 02/24/23 | For Rent | $3,695 | -- | -- |
Source: Stellar MLS
Tax History Compared to Growth
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 | $2,900 | $285,062 | -- | -- |
| 2024 | $2,900 | $438,636 | $66,300 | $372,336 |
| 2023 | $2,900 | $66,300 | $66,300 | $0 |
| 2022 | $2,017 | $19,970 | $19,970 | $0 |
| 2021 | $1,928 | $19,970 | $19,970 | $0 |
| 2020 | $1,473 | $19,970 | $19,970 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Sarasota Management
-
Chris Wortman
C
Tenant's Agent in 2023
Chris Wortman
WILLIAM RAVEIS REAL ESTATE
(239) 293-6225
1 in this area
9 Total Sales
Map
Source: Stellar MLS
MLS Number: A4562045
APN: 5812-1090-9
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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