NOT LISTED FOR SALE

518 Laurel Park Dr Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $834,000 - $1,036,727

3 Beds
3.5 Baths
2,451 Sq Ft
$372/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $565,000 $231 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $5,882/month

26 Days on Market

Highlights

  • New Construction
  • The property is located in a historic district
  • Property is near public transit
  • Southside Elementary School Rated A
  • Open Floorplan
  • 4-minute walk to Payne Park

About This Home

As of November 2020

Situated West of the Trail in Sarasota's historic Laurel Park neighborhood, embrace luxurious, low-maintenance living while being close to downtown, shopping, dining and entertainment. This 4 story townhome is just blocks from vibrant downtown Sarasota. Featuring a 2 car garage, 3 bedrooms, 3 full bathrooms, a half bath and private courtyard. Enter through your front door, take your PRIVATE elevator to the second floor where you will be greeted by your gourmet kitchen opening to your dining/living area. The kitchen boasts stainless steel appliances, induction cooktop, an island with farm table seating, quartz countertops and designer cabinetry, all overlooking the elegantly appointed family room with an abundance of natural light. The owners retreat spans the entire 3rd floor with an alcove for a pocket office. The owners' bath has dual vanities with quartz countertops, an upgraded walk-in shower and 2 generous walk-in closets. The 4th floor has 2 bedrooms, each with en suite baths and balconies with views of Laurel Park. Enjoy the jogging trails, biking, playground, skatepark and tennis center in nearby Payne Park. Easy access to top-rated Gulf beaches and the arts and museum district. $5,000 FBC Incentive Virtual tours are available by clicking on the tour tab. Virtual showings via facetime available for all of our listings including Payne Park Village. Final opportunities for award-winning Central Living by David Weekley townhomes remain in Enclave at Laurel Park City Homes!

Last Agent to Sell the Property

Len Jaffe

WEEKLEY HOMES REALTY COMPANY License #3223100 Listed on: 09/14/2020

Last Buyer's Agent

Allison Werner

MICHAEL SAUNDERS & COMPANY License #3222313

MICHAEL SAUNDERS & COMPANY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,008

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 3,051 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Irrigation

HOA Fees

  • $300 Monthly HOA Fees

Parking

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

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,451 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Inside Utility
  • Dryer
  • In Wall Pest System

Kitchen

  • Built-In Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Balcony
  • Exterior Lighting

Location

  • Property is near public transit
  • The property is located in a historic district
  • City Lot

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Down Payment Assistance Available
  • Homestead Exemption
  • Visit Down Payment Resource Website
  • Tax Lot 16
  • Assessor Parcel Number 2027090153

Community Details

Overview

  • Association fees include escrow reserves fund, maintenance structure, ground maintenance
  • Weekley Homes Llc Association, Phone Number (941) 914-9574
  • Built by DAVID WEEKLEY HOMES LLC
  • Enclave At Laurel Park Subdivision, Devonshire Floorplan
  • The community has rules related to deed restrictions
  • Rental Restrictions

Pet Policy

  • 3 Pets Allowed
  • Large pets allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,008

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • HOA Fee Includes: Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Townhouse
  • Construction Materials: Block, Other, Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 2451
  • Lot Size Acres: 0.04
  • New Construction: Yes
  • Year Built: 2020
  • Building Area Total: 3050
  • Lot Size Sq Ft: 3051
  • Directions to Property: Take 1-75 South to 207 Fruitville Road Exit, drive west down Frutville Road, turn left onto Lime Avenue and Right onto Ringling Blvd, then a left onto School Avenue. Payne Park Village is located on the left hand side.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3264542?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3264542?w=Customer
  • Homestead Y N: Yes
  • Number Of Pets: 3
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: Yes
  • Call Center Phone Number: 941-306-4384
  • Ratio: Close Price\List Price: 0.97415
  • Price per Sq Ft: 230.52
  • Close to Original List Price Ratio: 0.97415
  • Ratio: Current Price\Building Area Total: 185.25
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: NewHome

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: In Wall Pest System, Kitchen/Family Room Combo, Open Floorplan, Solid Wood Cabinets, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Stories: 4
  • Street Number Modifier: 518
  • Room Count: 3
  • Additional Rooms: Family Room, Great Room, Inside Utility

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Fenced, Irrigation System, Lighting, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo 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, Public
  • Cooling: Central Air, Zoned
  • Heating: Central, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, None
  • Association Fee: 900
  • Association Fee Frequency: Quarterly
  • Association Name: Weekley Homes LLC
  • Phone: 941-914-9574
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 3600
  • Monthly HOA Fee: 300
  • Total Monthly Fees: 300

Lot Info

  • Parcel Number: 2027090153
  • Additional Parcels: No
  • Lot Features: Historic District, City Lot, In County, Near Public Transit
  • Flood Zone Code: X
  • Zoning Compatible Y N: Yes

Building Info

  • Builder Name: DAVID WEEKLEY HOMES LLC

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Large (61-100 Lbs.)
  • Minimum Lease: 6 Months
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Verify with HOA

Tax Info

  • Tax Annual Amount: 3007.74
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2020
Closed on
Nov 20, 2020
Sold by
Weekley Homes Llc
Bought by
Tassell Rebecca Anne
Seller's Agent
Len Jaffe
WEEKLEY HOMES REALTY COMPANY
Buyer's Agent
Allison Werner
MICHAEL SAUNDERS & COMPANY
List Price
$579,990
Sold Price
$565,000
Premium/Discount to List
-$14,990
-2.58%
Total Days on Market
26
Current Estimated Value
$912,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,432
Avg. Annual Appreciation
11.79%
Original Mortgage
$508,500
Outstanding Balance
$458,644
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$502,963
Source: Public Records

Range of Values:

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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
Tassell Rebecca Anne $565,000 Town Square Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tassell Rebecca Anne $508,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $565,000 -2.6% $231 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $579,990 -- $237 / 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 $7,331 $527,022 -- --
2023 $7,331 $511,672 $0 $0
2022 $7,108 $496,769 $0 $0
2021 $7,130 $482,300 $224,700 $257,600
2020 $7,638 $463,600 $204,300 $259,300
2019 $3,008 $187,700 $187,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Len Jaffe

    Seller's Agent in 2020

    Len Jaffe

    WEEKLEY HOMES REALTY COMPANY

    (813) 835-9380

    60 in this area

    1,708 Total Sales

    Len Jaffe
    Section Image
  • Allison Werner

    Buyer's Agent in 2020

    Allison Werner

    Michael Saunders

    (941) 961-3212

    13 in this area

    75 Total Sales

    Allison Werner
    Section Image
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Map

Source: Stellar MLS

MLS Number: T3264542

Stellar MLS

APN: 2027-09-0153

Florida Sarasota County Sarasota 34236 Downtown Sarasota

518 Laurel Park Dr, Sarasota, FL

This home is located at 518 Laurel Park Dr, Sarasota, FL 34236 since 14 September 2020 and is currently estimated at $912,432, approximately $372 per square foot. This property was built in 2020. 518 Laurel Park Dr is a home located in Sarasota County with nearby schools including Southside Elementary School, Booker Middle School, and Sarasota High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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