NOT LISTED FOR SALE

5855 Elegant Orchid Way Sarasota, FL 34232

Estimated Value: $488,588 - $655,000

5 Beds
3 Baths
2,447 Sq Ft
$226/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $360,490 $147 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,451/month

22 Days on Market

Highlights

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

About This Home

As of January 2021

Under Construction. Builder offering $10,000 toward closing costs with use of preferred lender & title.
This all concrete block constructed, two-story plan has a large open-concept downstairs which includes a well-appointed kitchen, living and dining area, and covered lanai. Upstairs, the oversized Bedroom 1 suite can easily fit a king size bed and includes a large walk-in closet as well as ensuite bathroom with double vanity. Three other bedrooms share a second upstairs bathroom while the loft provides an extra area for work or play. This home comes with refrigerator, built-in dishwasher, electric range, and microwave as well as 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: 08/20/2020

Last Buyer's Agent

Sang Nguyen

HOME TOWN REALTY, INC. License #3361402

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,884

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 5,073 Sq Ft Lot
  • South Facing Home
  • Level Lot
  • Irrigation
  • Property is zoned ILW

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Florida Architecture
  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,447 Sq Ft Home
  • Open Floorplan
  • Low Emissivity Windows
  • Blinds
  • Sliding Doors
  • Loft
  • Water Views
  • Hurricane or Storm Shutters

Kitchen

  • Microwave
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Location

  • Property is near public transit

Schools

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

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 55
  • Assessor Parcel Number 0047150055

Community Details

Overview

  • Association fees include common area taxes, escrow reserves fund, manager
  • Garden Village Community Association, Inc. Association, Phone Number (813) 607-2220
  • Built by DR HORTON
  • Robie
  • Association Approval Required
  • The community has rules related to deed restrictions, fencing

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,884

Year Built

Built in 2021 | Under Construction

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • HOA Fee Includes: Common Area Taxes, Escrow Reserves Fund, Manager
  • Property Type: Residential
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Living Area: 2447.00
  • Lot Size Acres: 0.11
  • New Construction: Yes
  • Year Built: 2021
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3260507?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3260507?w=Customer
  • Lot Size Sq Ft: 5073
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3260507?w=PubMLS
  • Tax Year: 2020
  • Special Features: NewHome

Interior Features

  • Room Count: 8
  • Living Area Units: Square Feet
  • Additional Rooms: Loft
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Open Floorplan, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Window Features: Blinds, Low Emissivity Windows
  • Living Area Meters: 227.33

Exterior Features

  • Direction Faces: South
  • Exterior Features: Hurricane Shutters, Irrigation System, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Flood Zone Code: X
  • Home Warranty: Yes
  • View: Water

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener

Utilities

  • Utilities: Cable Connected, Public, Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Laundry Features: Laundry Room, Upper Floor
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Not Applicable
  • Community Features: Deed Restrictions, Gated Community, Sidewalk
  • Pet Restrictions: Per HOA guidelines
  • Monthly HOA Fees: 60.00
  • Association Amenities: Fence Restrictions, Gated
  • Association Approval Required: Yes
  • Association Fee: 60.00
  • Association Fee Frequency: Monthly
  • Association Fee Requirement: Required
  • Association Name: Garden Village Community Association, Inc.
  • Phone: 813-607-2220
  • Association: Yes
  • Association Email: dwalter@accessdifference.com

Fee Information

  • Total Annual Fees: 720.00
  • Total Monthly Fees: 60.00

Schools

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

Lot Info

  • Total Acreage: 0 to less than 1/4
  • Zoning: ILW
  • Parcel Number: 0047150055
  • Builder License: CBC039052
  • Lot Features: In County, Level/Flat, Near Public Transit, Sidewalk, Street Paved
  • Lot Size Square Meters: 471

Rental Info

  • Minimum Lease: 7 Months
  • Additional Lease Restrictions: Per HOA guidelines
  • Lease Restrictions: Yes
  • Pets Allowed: Yes

Building Info

  • Builder Name: DR HORTON

Multi Family

  • Approval Process: Per HOA guidelines

Tax Info

  • Tax Lot: 55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Jan 8, 2021
Sold by
D R Horton Inc
Bought by
Nguyen Nhi Thao and Huynh Kim Loan Thi
Seller's Agent
Teddianne Sherman
Buyer's Agent
Sang Nguyen
HOME TOWN REALTY, INC.
List Price
$357,490
Sold Price
$360,490
Premium/Discount to List
$3,000
0.84%
Current Estimated Value
$553,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,657
Avg. Annual Appreciation
9.33%
Original Mortgage
$330,118
Outstanding Balance
$294,580
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$258,567
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nguyen Nhi Thao $360,490 Dhi Title Of Florida Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Nhi Thao $330,118
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2021 01/08/21 Sold $360,490 -0.6% $147 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
08/31/2020 08/31/20 Price Changed $362,490 -0.3% $148 / Sq Ft
08/31/2020 08/31/20 Price Changed $363,490 +0.8% $149 / Sq Ft
08/27/2020 08/27/20 Price Changed $360,490 +0.8% $147 / Sq Ft
08/20/2020 08/20/20 For Sale $357,490 -- $146 / 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 $5,884 $457,200 $146,500 $310,700
2023 $5,884 $456,600 $134,900 $321,700
2022 $5,379 $414,200 $125,000 $289,200
2021 $3,895 $284,900 $78,600 $206,300
2020 $790 $61,500 $61,500 $0
2019 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Teddianne Sherman

  • Sang Nguyen

    Buyer's Agent in 2021

    Sang Nguyen

    HOME TOWN REALTY, INC.

    (941) 928-3449

    110 Total Sales

    Sang Nguyen
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: T3260507

Stellar MLS

APN: 0047-15-0055

Florida Sarasota County Sarasota 34232

5855 Elegant Orchid Way, Sarasota, FL

This home is located at 5855 Elegant Orchid Way, Sarasota, FL 34232 since 20 August 2020 and is currently estimated at $553,147, approximately $226 per square foot. This property was built in 2021. 5855 Elegant Orchid Way is a home located in Sarasota County with nearby schools including Fruitville Elementary School, McIntosh 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

Nearby Homes