NOT LISTED FOR SALE

Estimated Value: $537,000 - $1,014,000

1.1 Acres
$622,630 Price per Acre
47,916 Sq Ft Lot

Last Sold November 22, 2021

Last sale price $510,000

Est. 34% increase in value since last sale

Current estimated payment $4,212/month

3 Days on Market

Highlights

  • 250 Feet of Waterfront
  • River View
  • Wooded Lot
  • River Access
  • 1.1 Acre Lot
  • Heating Available

About This Lot

As of November 2021

Calling all dream home builders! This incredible lot is the ONLY ONE LEFT in the gorgeous and well established subdivision of River Forest. Prepare to fall in love with the riverfront views on 1 + acre of land to build your own unique and special home. Utility services include sewer, water and FPL electric within the property boundary, ready for final connection. Lot 11 is one of the largest waterfront lots in the neighborhood with more than 275’ of shoreline along the Braden River and Williams Creek tributary. Build a dock on the river for easy access to boating and fishing estuaries along the Braden and Manatee rivers or launch kayaks from the bank along Williams Creek and explore one of the many mangrove-lined tributaries. This eco-friendly HOA community is mere minutes to shopping, I-75 and dining…but you will absolutely forget this fact as soon as you enter the neighborhood. Drive by to see for yourself! River Forest is conveniently located just 1.5 miles west of I-75 and .5 mile north of SR70 on Caruso Road. There are so many opportunities for creative ways to enjoy riverfront living within this little slice of paradise.

Last Agent to Sell the Property

Albert Wooster

ALBERT WOOSTER & COMPANY License #3139453 Listed on: 10/03/2021

Last Buyer's Agent

Laura Finley

BARNES & PHILLIPS REAL ESTATE License #3457798

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,606

Lot Details

  • 1.1 Acre Lot
  • Lot Dimensions are 64x254x250x367
  • 250 Feet of Waterfront
  • River Front
  • East Facing Home
  • Wooded Lot
  • Property is zoned PDR,PDR/

HOA Fees

  • $82 Monthly HOA Fees

Property Views

  • River Views

Schools

  • William H. Bashaw Elementary School
  • Braden River Middle School
  • Braden River High School

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 1729101558

Community Details

Overview

  • River Forest Hoa/Joe King Association, Phone Number (941) 755-6020
  • Visit Association Website
  • River Forest Subdivision Community
  • River Forest Subdivision
  • The community has rules related to deed restrictions

Recreation

  • River Access

Property Details

Property Type

Land

Est. Annual Taxes

$2,606

Lot Details

0

HOA Fees

$82 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 1.1
  • Lot Size Sq Ft: 48047
  • Directions to Property: From I-75 Head West on SR70 Turn North on Caruso Rd. Turn Left into River Forest follow to back look for sign LOT 11
  • Status: Sold
  • Total Acreage: 1 to less than 2
  • Ratio: Close Price\List Price: 1.0303
  • Price per Sq Ft: 10.61
  • Close to Original List Price Ratio: 1.0303
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 5939

Exterior Features

  • Direction Faces: East
  • Waterfront: Yes
  • Road Surface Type: Paved, Asphalt
  • Water View: River
  • Water Access: River
  • Water View Y N: Yes
  • Front Footage: 64
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 250
  • Water Frontage Feet River: 250

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Public, Sewer Available, Underground Utilities, Water Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Waterfront
  • Association Fee: 980
  • Association Fee Frequency: Annually
  • Association Name: River Forest HOA/Joe King
  • Phone: 941-755-6020
  • Association: Yes
  • Association Website: www.riverforestcircle.com
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 980
  • Monthly HOA Fee: 81.67
  • Total Monthly Fees: 81.67

Schools

  • Elementary School: William H. Bashaw Elementary
  • High School: Braden River High
  • Middle Or Junior School: Braden River Middle

Lot Info

  • Zoning: PDR,PDR/
  • Parcel Number: 1729101558
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Buildable
  • Lot Dimensions: 64x254x250x367
  • Price Per Acre: 463636
  • Flood Zone Code: X, AE

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No
  • Pet Restrictions: SEE HOA Rules & Regulations

Tax Info

  • Tax Annual Amount: 2605.95
  • Tax Book Number: 32-18
  • Tax Lot: 11

Multi Family

  • Waterfront Features: River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2021
Closed on
Nov 19, 2021
Sold by
Gronbach Albert R and Gronbach Claire
Bought by
Markgraf Michael and Markgraf Kathleen
Seller's Agent
Albert Wooster
ALBERT WOOSTER & COMPANY
Buyer's Agent
Laura Finley
BARNES & PHILLIPS REAL ESTATE
List Price
$495,000
Sold Price
$510,000
Premium/Discount to List
$15,000
3.03%
Current Estimated Value
$684,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,893
Avg. Annual Appreciation
7.96%
Original Mortgage
$324,000
Outstanding Balance
$297,423
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$387,470

Purchase Details

Listed on
Oct 31, 2019
Closed on
Feb 20, 2020
Sold by
King Joseph T
Bought by
Gronbach Albert R and Geiger Claire
Seller's Agent
Jim Soda
LIMBO COMPANY SARASOTA ASSOC
Buyer's Agent
Albert Wooster
ALBERT WOOSTER & COMPANY
List Price
$360,000
Sold Price
$320,000
Premium/Discount to List
-$40,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.52%
Original Mortgage
$200,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 21, 2014
Sold by
King Ranch Manatee Inc
Bought by
King Joseph T

Purchase Details

Closed on
Oct 1, 2002
Sold by
Pearson Larry
Bought by
King Ranch Manatee Inc

Purchase Details

Closed on
Sep 23, 1999
Sold by
King Ranch Manatee Inc
Bought by
Pearson Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
8.22%
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
Markgraf Michael $510,000 Hometown Ttl & Closing Svcs
Gronbach Albert R $320,000 Attorney
King Joseph T $288,000 Attorney
King Ranch Manatee Inc $210,000 --
Pearson Larry $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Markgraf Michael $324,000
Previous Owner Gronbach Albert R $200,000
Previous Owner Pearson Larry $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2021 11/22/21 Sold $510,000 +3.0% --
10/06/2021 10/06/21 Pending -- -- --
10/03/2021 10/03/21 For Sale $495,000 +54.7% --
02/21/2020 02/21/20 Sold $320,000 -11.1% -- View Prior Sale
01/26/2020 01/26/20 Pending -- -- --
10/31/2019 10/31/19 For Sale $360,000 -- --
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 $5,811 $408,000 $408,000 --
2024 $5,811 $408,000 $408,000 --
2023 $5,948 $408,000 $408,000 $0
2022 $3,704 $400,000 $400,000 $0
2021 $3,556 $243,750 $243,750 $0
2020 $2,606 $170,000 $170,000 $0
2019 $2,636 $170,000 $170,000 $0
2018 $2,672 $170,000 $170,000 $0
2017 $2,546 $170,000 $0 $0
2016 $2,757 $180,000 $0 $0
2015 $2,685 $180,000 $0 $0
2014 $2,685 $170,000 $0 $0
2013 $2,722 $170,000 $170,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4514099

Stellar MLS

APN: 17291-0155-8