NOT LISTED FOR SALE

Estimated Value: $866,000 - $1,658,000

3 Beds
2.5 Baths
3,531 Sq Ft
$323/Sq Ft Est. Value

Last Sold March 16, 2020

Last sale price $650,000 $184 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $6,886/month

114 Days on Market

Highlights

  • Barn
  • Oak Trees
  • View of Trees or Woods
  • Laurel Nokomis School Rated A-
  • Screened Pool
  • 4.24 Acre Lot

About This Home

As of March 2020

This unique rural homestead of almost 5 acres in the sub-urban area is perfect for the large family compound, or development. Many options here. Equestrians bring your horses. Can be divided into 2 large parcels as zoned now per attch survey exhibit. Each lot can have main house plus guest house, for total of 4 homes as currently zoned. Subdivision/ rezone may allow up to 8 lots. This large and charming farm home is masterfully built and sited amongst the oak trees in a quiet fenced area with electric hookups for 2 RV's. Several out buildings afford ample space for storage of equipment and cars etc. brand new pavered pool deck! The well water is spring quality, very potable and tasty. The HVAC features 2 new RUUD systems and the pool area has a large covered lanai. Located near the Legacy trail, Nokomis Beach, the new Sarasota Memorail Hospital, downtown Venice and Myakka Park.

Last Agent to Sell the Property

Bob Stahlschmidt II

BRIGHT REALTY License #0629985 Listed on: 10/12/2019

BRIGHT REALTY

Last Buyer's Agent

Nelle Dreyer, PA

COLDWELL BANKER REALTY License #3221917

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,898

Year Built

  • Built in 1991

Lot Details

  • 4.24 Acre Lot
  • Unincorporated Location
  • Southeast Facing Home
  • Dog Run
  • Fenced
  • Mature Landscaping
  • Oversized Lot
  • Oak Trees
  • Fruit Trees
  • Wooded Lot
  • 2 Lots in the community
  • Additional Parcels
  • Historic Home
  • Property is zoned RE2

Parking

  • 5 Carport Spaces

Property Views

  • Woods
  • Park or Greenbelt

Home Design

  • Craftsman Architecture
  • Bi-Level Home
  • Florida Architecture
  • Key West Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Siding

Interior Spaces

  • 3,531 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Shades
  • Shutters
  • Blinds
  • Drapes & Rods
  • Sliding Doors
  • Family Room with Fireplace
  • Washer

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Stone Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Home Security

  • Security Lights
  • Security Gate

Pool

  • Screened Pool
  • In Ground Pool
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • Wrap Around Porch
  • Screened Patio
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Rain Gutters

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Zoned For Horses

Utilities

  • Central Heating and Cooling System
  • Well
  • Water Purifier
  • Water Softener
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • North Venice Farms Community
  • Mission Valley Estate Sec A Subdivision
  • Greenbelt

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,898

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman, Florida, Historical, Key West, Ranch
  • Construction Materials: Siding, Wood Frame
  • Fireplace: Yes
  • Living Area: 3531
  • Lot Size Acres: 4.24
  • New Construction: No
  • Year Built: 1991
  • Lot Size Sq Ft: 184717
  • Number Of Lots: 2
  • Directions to Property: NWC Laurel Rd and Legacy trail bridge. Turn N into TARA drvie next to telephone pole
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4448518?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4448518?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 2 to less than 5
  • Unit Number Y N: No
  • Call Center Phone Number: 8007469464
  • Ratio: Close Price\List Price: 0.96296
  • Price per Sq Ft: 184.08
  • Close to Original List Price Ratio: 0.8125
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Electric, Family Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Open Floorplan, Solid Surface Counters, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Microwave, Range, Refrigerator, Washer, Water Purifier, Water Softener, Whole House R.O. System
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Window Features: Blinds, Drapes, Rods, Shades, Shutters, Window Treatments
  • Street Number Modifier: 601
  • Room Count: 8
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southeast
  • Other Structures: Barn(s), Workshop
  • Pool Features: Gunite, In Ground, Screen Enclosure
  • Exterior Features: Dog Run, Fenced, Rain Gutters, Sliding Doors, Storage
  • Roof: Metal
  • Pool Private: Yes
  • View: Greenbelt, Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Patio, Porch, Rear Porch, Screened, Side Porch, Wrap Around
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0239F
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 5
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 5
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Available, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Security Gate, Security Lights
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: RE2
  • Parcel Number: 0382130001
  • Additional Parcels: Yes
  • Lot Features: Greenbelt, Oversized Lot, Pasture, Unincorporated, Zoned for Horses
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Annual Amount: 4898
  • Tax Book Number: 11-2
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2019
Closed on
Mar 16, 2020
Sold by
Sears Tim and Sears Patsy L
Bought by
601 Legacy Llc
Seller's Agent
Bob Stahlschmidt II
BRIGHT REALTY
Buyer's Agent
Nelle Dreyer, PA
COLDWELL BANKER REALTY
List Price
$800,000
Sold Price
$650,000
Premium/Discount to List
-$150,000
-18.75%
Total Days on Market
114
Current Estimated Value
$1,141,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$491,197
Avg. Annual Appreciation
11.34%
Original Mortgage
$487,500
Outstanding Balance
$260,945
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$880,252

Purchase Details

Closed on
Aug 23, 2007
Sold by
Martin Alsie T and Martin Mary K
Bought by
County Of Sarasota

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,100
Interest Rate
6.12%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 29, 2007
Sold by
Martin Alsie T and Martin Mary K
Bought by
Sears Tim and Sears Patsy I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2002
Sold by
Martin Alsie T and Martin Mary K
Bought by
Martin Alsie T and Martin Mary K

Purchase Details

Closed on
Oct 3, 1994
Sold by
Bridges Patricia Ann and Bridges Pat A
Bought by
Clement Hilton H
Source: Public Records

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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
601 Legacy Llc $650,000 Attorney
County Of Sarasota -- First American Title Ins Co
Sears Tim $618,000 First American Title Ins Co
Martin Alsie T -- --
Clement Hilton H $114,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 601 Legacy Llc $487,500
Previous Owner Sears Patsy I $393,800
Previous Owner County Of Sarasota $170,100
Previous Owner County Of Sarasota $417,000
Previous Owner Sears Tim $417,000
Previous Owner Sears Tim $170,100
Previous Owner Martin Alsie T $400,000
Previous Owner Martin Alsie T $195,700
Previous Owner Martin Alsie T $12,500
Previous Owner Martin Alsie T $288,000
Previous Owner Martin Alsie T $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2020 03/16/20 Sold $650,000 -3.7% $184 / Sq Ft
02/01/2020 02/01/20 Pending -- -- --
12/10/2019 12/10/19 Price Changed $675,000 -3.6% $191 / Sq Ft
11/12/2019 11/12/19 Price Changed $700,000 -3.4% $198 / Sq Ft
10/30/2019 10/30/19 Price Changed $725,000 +7.4% $205 / Sq Ft
10/29/2019 10/29/19 Price Changed $675,000 -15.6% $191 / Sq Ft
10/10/2019 10/10/19 For Sale $800,000 -- $227 / 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 $9,962 $710,222 -- --
2023 $9,962 $970,600 $488,200 $482,400
2022 $8,189 $720,700 $256,100 $464,600
2021 $6,874 $533,600 $237,600 $296,000
2020 $5,175 $422,083 $0 $0
2019 $5,007 $412,593 $0 $0
2018 $4,898 $404,900 $0 $0
2017 $4,877 $396,572 $0 $0
2016 $4,865 $449,600 $179,600 $270,000
2015 $4,955 $417,900 $160,000 $257,900
2014 $4,937 $376,999 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4448518

Stellar MLS

APN: 0382-13-0001