NOT LISTED FOR SALE

5817 Elegant Orchid Way Sarasota, FL 34232

Estimated Value: $389,132 - $464,000

3 Beds
2 Baths
1,504 Sq Ft
$286/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $300,990 $200 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,513/month

42 Days on Market

Highlights

  • Under Construction
  • Gated Community
  • Property is near public transit
  • Fruitville Elementary School Rated A-
  • Open Floorplan
  • Florida Architecture

About This Home

As of September 2020

Builder offering $10,000 toward closing costs with use of preferred lender & title.
This all concrete block constructed, one-story layout optimizes living space with an open concept kitchen situated between the living area and dining room. The kitchen, which overlooks the living area and covered lanai, comes with all appliances, including refrigerator, built-in dishwasher, electric range, and microwave. The owner's suite, located at the back of the home for privacy, has an ensuite bathroom. Two additional bedrooms share a second bathroom. The laundry room comes equipped with included washer and dryer. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. CBC039052.

Last Agent to Sell the Property

Teddianne Sherman

License #3334868 Listed on: 06/17/2020

Last Buyer's Agent

Ray Shope

ROSEBAY INTERNATIONAL REALTY, INC License #3027396

ROSEBAY INTERNATIONAL REALTY, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,201

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 4,620 Sq Ft Lot
  • North Facing Home
  • Level Lot
  • Landscaped with Trees
  • Property is zoned ILW

HOA Fees

  • $60 Monthly HOA Fees

Parking

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

Home Design

  • Florida Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,504 Sq Ft Home
  • Open Floorplan
  • Low Emissivity Windows
  • Blinds
  • Sliding Doors

Kitchen

  • Microwave
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Fruitville Elementary School
  • Mcintosh Middle School
  • Sarasota High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Property is near public transit

Listing and Financial Details

Community Details

Overview

  • Association fees include ground maintenance
  • Access Management: Association, Phone Number (813) 607-2220
  • Built by DR HORTON
  • Garden Village Subdivision, Allex Floorplan
  • The community has rules related to deed restrictions, fencing
  • Rental Restrictions

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,201

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • HOA Fee Includes: Maintenance Grounds
  • Property Type: Residential
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1504
  • Lot Size Acres: 0.1
  • New Construction: Yes
  • Year Built: 2020
  • Lot Size Sq Ft: 4620
  • Directions to Property: From I-75, take exit 210 for FL-780 towards Sarasota/St Armands, head west on FL-780/Fruitville Rd. Go to the first light, then head south on Cattleman Rd, approximately .7 mile, Community will be on your left at 730 Cattlemen Rd.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3248659?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3248659?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: Yes
  • Call Center Phone Number: 844-348-7697
  • Projected Completion Date: 2020-10-04T04:00:00.000Z
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 200.13
  • Close to Original List Price Ratio: 1.01007
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Open Floorplan, Thermostat, Walk-In Closet(s)
  • Appliances Included: Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds, Low Emissivity Windows
  • Street Number Modifier: 5817
  • Room Count: 6

Exterior Features

  • Direction Faces: North
  • Exterior Features: Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Rear Porch
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

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, Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Public Remarks Required: Under Construction.
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community, Sidewalk
  • Association Amenities: Fence Restrictions, Gated
  • Association Fee: 60
  • Association Fee Frequency: Monthly
  • Association Name: Access Management:
  • Phone: 813-607-2220
  • Association: Yes
  • Senior Community: No
  • Association Email: dwalter@accessdifference.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 720
  • Monthly HOA Fee: 60
  • Total Monthly Fees: 60

Schools

  • Elementary School: Fruitville Elementary
  • High School: Sarasota High
  • Middle Or Junior School: McIntosh Middle

Lot Info

  • Zoning: ILW
  • Parcel Number: 0048020098
  • Additional Parcels: No
  • Lot Features: In County, Level, Near Public Transit, Sidewalk
  • Flood Zone Code: X

Building Info

  • Builder Name: DR HORTON

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 7 Months
  • Approval Process: Per HOA guidelines
  • Pet Restrictions: Per HOA guidelines
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Per HOA guidelines

Tax Info

  • Tax Lot: 98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2020
Closed on
Sep 18, 2020
Sold by
D R Horton Inc
Bought by
Shope Raymond Eugene
Seller's Agent
Teddianne Sherman
Buyer's Agent
Ray Shope
ROSEBAY INTERNATIONAL REALTY, INC
List Price
$297,990
Sold Price
$300,990
Premium/Discount to List
$3,000
1.01%
Current Estimated Value
$429,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,543
Avg. Annual Appreciation
7.24%
Original Mortgage
$300,990
Outstanding Balance
$266,613
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$162,920
Source: Public Records

Range of Values:

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Average Value
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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
Shope Raymond Eugene $300,990 Dhi Title Of Florida
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shope Raymond Eugene $300,990
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2020 09/18/20 Sold $300,990 0.0% $200 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
07/03/2020 07/03/20 Price Changed $300,990 +0.3% $200 / Sq Ft
06/26/2020 06/26/20 Price Changed $299,990 +0.7% $199 / Sq Ft
06/17/2020 06/17/20 For Sale $297,990 -- $198 / 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 $2,201 $194,803 -- --
2023 $2,201 $189,129 $0 $0
2022 $2,104 $183,620 $0 $0
2021 $2,083 $178,272 $0 $0
2020 $720 $55,900 $55,900 $0
2019 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3248659

Stellar MLS

APN: 0048-02-0098