NOT LISTED FOR SALE

5428 Lorraine Rd Bradenton, FL 34211

Estimated Value: $542,292 - $785,000

5.87 Acres
$113,057 Price per Acre
255,697 Sq Ft Lot

Last Sold February 15, 2019

Last sale price $375,000

Est. 77% increase in value since last sale

Current estimated payment $3,671/month

539 Days on Market

Highlights

  • 5.87 Acre Lot
  • No HOA
  • Wood Fence
  • B.D. Gullett Elementary School Rated A-
  • Greenbelt
  • Heating Available

About This Lot

As of February 2019

Developers take Note! 317 Feet of frontage along Lorraine Rd - not controlled by SMR! New development scheduled to start to the West and South very soon. Those looking for a great piece of property to build a custom home can surround themselves among stately oaks and lofty pines offering filtered shade to this beautiful, secluded piece of land in the heart of Lakewood Ranch. Just under 6 acres of natural Florida slope gently down to a fern-filled, hardwood wetland. Native plants attract abundant wildlife. Live with nature while high-end amenities are just a stone's throw away. Great schools, medical services, new Publix at the corner of SR 70 and Lorraine, restaurants, sports facilities and parks are all close by. This is a one of a kind property - a treasure not to be missed. Call today to schedule a walking tour.

Last Agent to Sell the Property

Patrick McGuire

LIMBO COMPANY SARASOTA ASSOC License #0674087 Listed on: 04/20/2017

Co-Listed By

Steve Slocum

COLDWELL BANKER REALTY License #3366646

Last Buyer's Agent

Rick Chang

WAGNER REALTY License #3154042

WAGNER REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,659

Lot Details

  • 5.87 Acre Lot
  • Property fronts a county road
  • East Facing Home
  • Wood Fence

Schools

  • Mcneal Elementary School
  • Nolan Middle School
  • Lakewood Ranch High School

Community Details

  • No Home Owners Association
  • Greenbelt

Listing and Financial Details

  • Tax Lot 159
  • Assessor Parcel Number 582210159

Property Details

Property Type

Land

Est. Annual Taxes

$1,659

Lot Details

5.87 Acres

Listing Details

  • Property Type: Land
  • Lot Size Acres: 5.87
  • Lease Term: 6 + Years
  • Lot Size Sq Ft: 255871
  • Status: Sold
  • Total Acreage: 5 to less than 10
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.81522
  • Price per Sq Ft: 1.47
  • Close to Original List Price Ratio: 0.75301
  • View: No
  • Co List Office Mls Id: 266500035
  • Co List Office Phone: 941-739-6777
  • Ownership: Fee Simple
  • Tax Year: 2017
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Direction Faces: East
  • Road Frontage Type: County Road
  • Waterfront: No
  • Water View Y N: No
  • Front Footage: 360
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0334E
  • Road Frontage Ft: 360
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Open Parking: No

Utilities

  • Sewer: None
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Schools

  • Elementary School: McNeal Elementary
  • High School: Lakewood Ranch High
  • Middle Or Junior School: Nolan Middle

Lot Info

  • Zoning: A
  • Parcel Number: 582210159
  • Additional Parcels: No
  • Current Use: Residential
  • Fencing: Boundary Fencing, Wood
  • Lot Features: Greenbelt, In County
  • Lot Dimensions: 255871
  • Millage Rate: 15.27
  • Price Per Acre: 63884
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • Current Adjacent Use: Residential
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 1659
  • Tax Book Number: 1-127
  • Tax Lot: 159

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2024
Sold by
Chang Wilma
Bought by
Changus Family Trust and Chang
Current Estimated Value
$663,646

Purchase Details

Listed on
Apr 20, 2017
Closed on
Feb 8, 2019
Sold by
Morris Clive G and Morris Judith B
Bought by
Chang Rick K and Chang Wilma
Seller's Agent
Patrick McGuire
LIMBO COMPANY SARASOTA ASSOC
Buyer's Agent
Rick Chang
WAGNER REALTY
List Price
$460,000
Sold Price
$375,000
Premium/Discount to List
-$85,000
-18.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.41%
Original Mortgage
$288,000
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 8, 2011
Sold by
Morris Clive G and Morris Judith B
Bought by
Morris Clive G and Morris Judith B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Changus Family Trust -- None Listed On Document
Chang Rick K $375,000 Attorney
Morris Clive G -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chang Rick K $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2019 02/15/19 Sold $375,000 -18.5% --
10/12/2018 10/12/18 Pending -- -- --
01/23/2018 01/23/18 For Sale $460,000 +22.7% --
01/01/2018 01/01/18 Off Market $375,000 -- --
10/30/2017 10/30/17 Price Changed $460,000 -7.6% --
04/20/2017 04/20/17 For Sale $498,000 -- --
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 $3,074 $199,410 -- --
2023 $3,074 $268,586 $268,586 $0
2022 $2,644 $217,920 $217,920 $0
2021 $1,990 $136,200 $136,200 $0
2020 $2,177 $141,950 $141,950 $0
2019 $1,779 $114,543 $114,543 $0
2018 $1,803 $114,543 $114,543 $0
2017 $1,660 $114,543 $0 $0
2016 $1,562 $106,613 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2019

    Patrick McGuire

    LIMBO COMPANY SARASOTA ASSOC

    Section Image
  • Steve Slocum

    Seller Co-Listing Agent in 2019

    Steve Slocum

    COLDWELL BANKER REALTY

    (941) 730-8071

    22 in this area

    205 Total Sales

    Steve Slocum
    Section Image

  • R

    Buyer's Agent in 2019

    Rick Chang

    WAGNER REALTY

    (941) 756-7800

    1 in this area

    22 Total Sales

    Rick Chang
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4183903

Stellar MLS

APN: 5822-1015-9

Florida Manatee County Bradenton 34211

5428 Lorraine Rd, Bradenton, FL

Not Listed for Sale

Lots

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 Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID

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

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