NOT LISTED FOR SALE

5828 Lorraine Rd Bradenton, FL 34211

Estimated Value: $679,000 - $850,000

3 Beds
3 Baths
1,944 Sq Ft
$393/Sq Ft Est. Value

Last Sold June 25, 2023

Last sale price $849,000 $437 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $4,189/month

12 Days on Market

Highlights

  • Oak Trees
  • 0.99 Acre Lot
  • Den
  • Active Adult
  • No HOA
  • Wrap Around Porch

About This Home

As of June 2023

Have you dreamed of owning a hobby farm but you still need to live close to work or school? Here’s your prime opportunity for country living in the heart of Lakewood Ranch. Located in an ideal location on Lorraine Road across from the new Publix plaza is this country home on an acre of mostly clear land still with the hard to come by agricultural zoning. Live in the front and set up your small business in the back. Ideal for landscaping company, small daycare, pet daycare or grooming, or build a guest house in the back and use as Airbnb as there is NO HOA, NO CDD, and NO deed restrictions. Home has been lovingly cared for by one owner. Roof is two years old, 2 New ACs, and New LP water heater. Master upstairs with large walk-in closet and en-suite and the other two bedrooms down the hall share a full bath. Downstairs has large flex room which is currently used as a laundry and hobby room, but could be an awesome home office or guest room with full bathroom nearby. Oversized garage ideal for workshop or extra storage. These opportunities don’t come around very often so schedule your showing today.

Last Agent to Sell the Property

Aron Hutchins

KELLER WILLIAMS ON THE WATER License #3461197 Listed on: 04/30/2023

KELLER WILLIAMS ON THE WATER

Co-Listed By

Rachel Hutchins

KELLER WILLIAMS ON THE WATER License #3366981

KELLER WILLIAMS ON THE WATER

Last Buyer's Agent

Rachel Hutchins

KELLER WILLIAMS ON THE WATER License #3366981

KELLER WILLIAMS ON THE WATER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,243

Year Built

  • Built in 1993

Lot Details

  • 0.99 Acre Lot
  • Dirt Road
  • East Facing Home
  • Oak Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,944 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Ceiling Fan
  • Combination Dining and Living Room
  • Den
  • Dryer

Kitchen

  • Range with Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • En-Suite Bathroom
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Wrap Around Porch
  • Screened Patio
  • Exterior Lighting
  • Private Mailbox

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • Active Adult
  • No Home Owners Association
  • Lorraine Farms Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,243

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Vinyl Siding, Wood Frame
  • Fireplace: No
  • Living Area: 1944
  • Lot Size Acres: 0.99
  • New Construction: No
  • Year Built: 1993
  • Building Area Total: 3432
  • Lot Size Sq Ft: 43146
  • Status: Sold
  • Co List Office Mls Id: MFR266510701
  • Co List Office Phone: 941-729-7400
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow State: FL
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 436.73
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 0
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Master Bedroom Upstairs, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Gas Water Heater, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 180.60

Exterior Features

  • Direction Faces: East
  • Exterior Features: Lighting, Private Mailbox
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Screened, Wrap Around
  • Road Surface Type: Dirt, Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: A
  • Parcel Number: 582305504
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Furnished: Unfurnished
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 2242.59
  • Tax Book Number: 6-39,
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2023
Closed on
Jun 22, 2023
Sold by
Hutchins Joseph E and Hutchins Brenda L
Bought by
5828 Lorraine Road Llc
Seller's Agent
Aron Hutchins
KELLER WILLIAMS ON THE WATER
Buyer's Agent
Rachel Hutchins
KELLER WILLIAMS ON THE WATER
List Price
$849,000
Sold Price
$849,000
Views
72
Current Estimated Value
$763,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$85,216
Avg. Annual Appreciation
-4.42%
Original Mortgage
$636,750
Outstanding Balance
$619,599
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$144,185
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
5828 Lorraine Road Llc $849,000 Barnes Walker Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5828 Lorraine Road Llc $636,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2023 06/25/23 Sold $849,000 0.0% $437 / Sq Ft
05/13/2023 05/13/23 Pending -- -- --
04/30/2023 04/30/23 For Sale $849,000 -- $437 / 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
2025 $2,308 $517,409 $98,926 $418,483
2024 $2,308 $522,007 $98,926 $423,081
2023 $2,308 $181,060 $0 $0
2022 $2,243 $175,786 $0 $0
2021 $2,151 $170,666 $0 $0
2020 $2,222 $168,310 $0 $0
2019 $2,188 $164,526 $0 $0
2018 $2,169 $161,458 $0 $0
2017 $1,937 $152,633 $0 $0
2016 $1,931 $149,494 $0 $0
2015 $1,955 $148,455 $0 $0
2014 $1,955 $147,277 $0 $0
2013 $1,947 $145,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4568506

Stellar MLS

APN: 5823-0550-4