NOT LISTED FOR SALE

5802 Lorraine Rd Bradenton, FL 34211

Estimated Value: $835,000 - $1,910,601

5 Acres
$290,840 Price per Acre
217,800 Sq Ft Lot

Last Sold December 31, 2019

Last sale price $490,000

Est. 197% increase in value since last sale

Current estimated payment $9,268/month

989 Days on Market

Highlights

  • 5 Acre Lot
  • No HOA
  • Pasture
  • B.D. Gullett Elementary School Rated A-

About This Lot

As of December 2019

Just REDUCED. Valuable five cleared acres close to commercial establishments. This parcel has enormous potential for an investor. This fast-growing Lakewood Ranch area is one of the hottest markets in the County. Former right-of-way shown in previous tax records has been cleared.

Last Agent to Sell the Property

Wendy Burr

BRIGHT REALTY License #3098174 Listed on: 02/26/2017

BRIGHT REALTY

Co-Listed By

Robin Gruters

LIVING VOGUE LLC License #3022167

Last Buyer's Agent

Wendy Burr

BRIGHT REALTY License #3098174 Listed on: 02/26/2017

BRIGHT REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,870

Lot Details

  • 5 Acre Lot
  • 5 Lots in the community
  • Additional Parcels

Farming

  • Pasture

Community Details

  • No Home Owners Association
  • Lorraine Farms Unit 1 Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 582306502

Property Details

Property Type

Land

Est. Annual Taxes

$19,870

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 5
  • Lot Size Sq Ft: 217800
  • Number Of Lots: 5
  • Status: Sold
  • Co List Office Mls Id: MFR281517902
  • Co List Office Phone: 941-552-6036
  • Ownership: Fee Simple
  • RATIO Current Price By Calculate: 2.25
  • Total Acreage: 5 to less than 10
  • Water Access YN: 0
  • Tax Year: 2018
  • Special Features: None

Exterior Features

  • Home Warranty: No
  • Waterfront: No
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12081C0345E

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: A
  • Parcel Number: 582306502
  • Additional Parcels: Yes
  • Current Use: Other
  • Lot Features: Pasture
  • Lot Dimensions: Irregular
  • Flood Zone Code: X

Tax Info

  • Tax Annual Amount: 28
  • Tax Book Number: 6-39,
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2022
Sold by
Ttl Luxury Properties Llc
Bought by
Aja Southern Holdings Llc
Current Estimated Value
$1,454,200

Purchase Details

Listed on
Feb 26, 2017
Closed on
Dec 27, 2019
Sold by
Rott Susan J and Kaul Cynthia A
Bought by
Ttl Luxury Properties Llc
Seller's Agent
Wendy Burr
BRIGHT REALTY
Buyer's Agent
Wendy Burr
BRIGHT REALTY
List Price
$579,000
Sold Price
$490,000
Premium/Discount to List
-$89,000
-15.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.51%
Source: Public Records

Range of Values:

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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
Aja Southern Holdings Llc $1,550,000 Bowman George Scheb Kimbrough
Ttl Luxury Properties Llc $490,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2020 04/03/20 Off Market $490,000 -- --
12/31/2019 12/31/19 Sold $490,000 -15.4% --
11/13/2019 11/13/19 Pending -- -- --
10/14/2019 10/14/19 For Sale $579,000 +18.2% --
08/27/2019 08/27/19 Off Market $490,000 -- --
08/23/2019 08/23/19 Pending -- -- --
07/31/2019 07/31/19 For Sale $579,000 0.0% --
06/24/2019 06/24/19 Pending -- -- --
03/08/2019 03/08/19 Price Changed $579,000 -10.9% --
12/04/2018 12/04/18 Price Changed $649,900 -34.7% --
09/08/2018 09/08/18 For Sale $994,500 +103.0% --
08/27/2018 08/27/18 Off Market $490,000 -- --
02/26/2017 02/26/17 For Sale $994,500 -- --
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 $19,870 $1,337,465 $1,337,465 --
2024 $19,870 $1,364,357 $1,364,357 --
2023 $19,870 $1,364,357 $1,364,357 $0
2022 $10,907 $1,070,084 $1,070,084 $0
2021 $6,470 $449,424 $449,424 $0
2020 $6,113 $399,488 $399,488 $0
2019 $25 $1,498 $1,498 $0
2018 $28 $1,498 $1,498 $0
2017 $27 $1,500 $1,500 $0
2016 $28 $1,500 $1,500 $0
2015 $28 $1,500 $1,500 $0
2014 $28 $1,475 $1,475 $0
2013 $27 $1,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4179085

Stellar MLS

APN: 5823-0650-2