NOT LISTED FOR SALE

587 Bellora Way Sarasota, FL 34234

Indian Beach-Sapphire Shores Neighborhood

Estimated Value: $1,045,000 - $1,535,000

4 Beds
2.5 Baths
2,716 Sq Ft
$495/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $700,000 $258 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $8,189/month

751 Days on Market

Highlights

  • Under Construction
  • High Ceiling
  • Covered Patio or Porch
  • Booker High School Rated A-
  • Solid Surface Countertops
  • Formal Dining Room

About This Home

As of September 2020

Now completed and ready to move in! The Siesta Key Model Two Story Home by Peregrine Construction LLC. in the New Home Community of Bellora. Located in the sought after area of Sapphire Shores is directly across the street from some of Sarasota's grandest bay front estates. Bring your tiki torches, this model will give you a modern coastal vibe! Large foyer greets you with a formal dining room to your left. Enter the large open living room with tons of natural lighting coming in from the triple slider doors leading to the lanai. The chef in the family will love the kitchen with an over sized center island with a gourmet cook top. All bedrooms are located on the second floor. Master Suite with connected master bathroom, large walk-in closet, dual vanities, garden soaking tub and standing walking shower stall. Three generously sized secondary bedrooms with a full hallway bathroom and linen closet. Located just minutes from the areas finest gulf beaches, historic John and Mable Ringling Museum of Art, downtown Sarasota and world famous St. Armands Circle. This is a very unique and special opportunity. Great care was taken by the developers to retain and preserve the mature trees that exist on the site.

Last Agent to Sell the Property

Brandy Coffey

KELLER WILLIAMS ISLAND LIFE REAL ESTATE License #3340741 Listed on: 07/06/2018

KELLER WILLIAMS ISLAND LIFE REAL ESTATE

Last Buyer's Agent

Maggie Davenport

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3408729

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,790

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 84.43x116.78
  • Property is zoned RSF3

HOA Fees

  • $165 Monthly HOA Fees

Parking

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

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 2,716 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Family Room Off Kitchen
  • Formal Dining Room
  • Inside Utility
  • Laundry Room
  • Porcelain Tile

Kitchen

  • Range
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Location

  • City Lot

Schools

  • Emma E. Booker Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include private road
  • Built by Peregrine Construction lLC
  • Houses Of Indian Beach Subdivision, Siesta Key Model Floorplan
  • Houses Of Indian Beach Community
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,790

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$165 per month

Parking

2

Listing Details

  • HOA Fee Includes: Private Road
  • Property Type: Residential
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2716
  • Lot Size Acres: 0.36
  • New Construction: Yes
  • Year Built: 2020
  • Building Area Total: 3473
  • Lot Size Sq Ft: 15714
  • Directions to Property: From University Parkway: Head west on University Parkway to Ringling Plaza. Turn left onto Bayshore Road. Continue south on Bayshore Road for approximately one mile and turn left onto Bellora Way (Modern Rue).
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4407638?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4407638?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Projected Completion Date: 2018-12-31T05:00:00.000Z
  • Ratio: Close Price\List Price: 0.97916
  • Price per Sq Ft: 257.73
  • Close to Original List Price Ratio: 0.83244
  • Ratio: Current Price\Building Area Total: 201.55
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Tax Year: 2019
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Porcelain Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Kitchen/Family Room Combo, Solid Surface Counters
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Street Number Modifier: 587
  • Room Count: 7
  • Additional Rooms: Formal Dining Room Separate, Inside Utility
  • ResoLivingAreaSource: Builder

Exterior Features

  • Exterior Features: Lighting, Sidewalk, Sliding Doors
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 1251500004B

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • 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, Sidewalk
  • Association Fee: 165
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 1980
  • Monthly HOA Fee: 165
  • Total Monthly Fees: 165

Schools

  • Elementary School: Emma E. Booker Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: RSF3
  • Parcel Number: 2004050029
  • Additional Parcels: No
  • Lot Features: City Lot, In County, Sidewalk
  • Lot Dimensions: 84.43x116.78
  • Millage Rate: 16.38
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Peregrine Construction lLC

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 3790.08
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2018
Closed on
Sep 23, 2020
Sold by
Level Carolina Homes Llc
Bought by
Bowers Mark Alan and Taylor Gregory
Seller's Agent
Brandy Coffey
KELLER WILLIAMS ISLAND LIFE REAL ESTATE
Buyer's Agent
Maggie Davenport
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$840,900
Sold Price
$700,000
Premium/Discount to List
-$140,900
-16.76%
Current Estimated Value
$1,344,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$644,624
Avg. Annual Appreciation
14.19%
Original Mortgage
$510,400
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2015
Sold by
Mrec Level Bayshore Llc
Bought by
Level Carolina Homes Llc

Purchase Details

Closed on
Aug 8, 2014
Sold by
Engquist Level Development Llc
Bought by
Mrec Level Bayshore Llc

Purchase Details

Closed on
Jun 9, 2014
Sold by
Bonus Properties Inc
Bought by
Engquist Level Development Llc
Source: Public Records

Range of Values:

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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
Bowers Mark Alan $700,000 Attorney
Level Carolina Homes Llc $607,200 Attorney
Mrec Level Bayshore Llc -- Attorney
Mrec Level Bayshore Llc $4,100,000 Attorney
Engquist Level Development Llc $41,000 Attorney
Engquist Level Development Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowers Mark Alan $200,000
Open Bowers Mark Alan $600,000
Closed Bowers Mark Alan $510,400
Previous Owner Nichols Dorothy May $1,500,000
Previous Owner Nichols Dorothy May $127,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2020 09/28/20 Sold $700,000 -2.1% $258 / Sq Ft
07/25/2020 07/25/20 Pending -- -- --
03/10/2020 03/10/20 Price Changed $714,900 -15.0% $263 / Sq Ft
07/05/2018 07/05/18 For Sale $840,900 -- $310 / 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 $8,527 $628,994 -- --
2023 $8,527 $590,285 $0 $0
2022 $8,274 $573,092 $0 $0
2021 $8,334 $556,400 $167,700 $388,700
2020 $3,798 $235,500 $235,500 $0
2019 $3,790 $235,500 $235,500 $0
2018 $4,115 $255,100 $255,100 $0
2017 $4,092 $251,200 $251,200 $0
2016 $4,124 $248,900 $248,900 $0
2015 $2,813 $165,100 $165,100 $0
2014 $2,516 $90,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brandy Coffey

    Seller's Agent in 2020

    Brandy Coffey

    KELLER WILLIAMS ISLAND LIFE REAL ESTATE

    (941) 284-4474

    16 in this area

    1,037 Total Sales

    Brandy Coffey
    Section Image
  • Maggie Davenport

    Buyer's Agent in 2020

    Maggie Davenport

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (248) 497-2319

    2 in this area

    23 Total Sales

    Maggie Davenport
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4407638

Stellar MLS

APN: 2004-05-0029

Florida Sarasota County Sarasota 34234 Indian Beach-Sapphire Shores

587 Bellora Way, Sarasota, FL

This home is located at 587 Bellora Way, Sarasota, FL 34234 since 06 July 2018 and is currently estimated at $1,344,624, approximately $495 per square foot. This property was built in 2020. 587 Bellora Way is a home located in Sarasota County with nearby schools including Emma E. Booker Elementary School, Booker Middle School, and Booker 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

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