NOT LISTED FOR SALE

6590 Wild Orchid Ln Sarasota, FL 34241

Estimated Value: $1,145,000 - $1,308,000

4 Beds
8 Baths
5,867 Sq Ft
$210/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $930,000 $159 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $7,719/month

3 Days on Market

Highlights

  • Active Adult
  • 3 Car Attached Garage
  • Central Heating and Cooling System
  • Living Room with Fireplace
  • Ceramic Tile Flooring
  • Street paved with bricks

About This Home

As of March 2024

Step into a world of comfort in this spacious 4-bed, 6-bath home in Ashley Lakes, Sarasota, FL. With a total of 5,867sqft of space on a huge 42,393 sqft lot, it offers peace and privacy. The house, built in 1997, retains its original charm but needs some work to shine, Roof & AC need attention. It's a perfect canvas for those looking to add their touch, whether for a cozy move-in ready home or a full rehab to sell at top market value. With luxury touches, a big fireplace, and a 3-car garage, it's in a calm area with a strong community feel. It's an opportunity for a smart investment in a high-demand market where similar homes go for about $1.6M. Come see the potential and imagine your dream home coming to life!

Last Agent to Sell the Property

Steven Koleno

BEYCOME OF FLORIDA LLC Brokerage Phone: 844-239-2663 License #3469487 Listed on: 01/29/2024

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • 0.97 Acre Lot
  • North Facing Home
  • Street paved with bricks
  • Property is zoned RSF1

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Tile Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 5,867 Sq Ft Home
  • Living Room with Fireplace
  • Dishwasher
  • Washer

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Active Adult
  • Homeowners Association
  • Sarabay Acres Community
  • Ashley Lakes Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

HOA Fees

$400 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete
  • Fireplace: Yes
  • Living Area: 5867
  • Lot Size Acres: 0.97
  • New Construction: No
  • Year Built: 1997
  • Building Area Total: 5867
  • Lot Size Sq Ft: 42393
  • Directions to Property: Traveling east on Proctor Rd., cross the I-75 overpass, make a right turn into Orchid Trace. Enter the gate on Wilde Orchid Ln, and access the property at the first entrance on the left.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Appraiser
  • Available for Lease YN: 0
  • Escrow State: FL
  • List Office Head Office Key Nume: 173480923
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 158.51
  • Total Acreage: 1/2 to less than 1
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 844-239-2663
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Other
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Interior Amenities: Other
  • Appliances Included: Dishwasher, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Street Number Modifier: 6590
  • ResoLivingAreaSource: Appraiser
  • Living Area Meters: 545.06
  • Room Count: 4

Exterior Features

  • Direction Faces: North
  • Exterior Features: Other
  • Roof: Other, Tile
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Brick, Concrete
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0162F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Available, Other, Sewer Available, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Other
  • Sewer: Public Sewer, Other
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 400
  • Association Fee Frequency: Monthly
  • Association Name: Homeowners
  • Association: Yes
  • Senior Community: Yes
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Condo Land Included YN: 0

Fee Information

  • Total Annual Fees: 4800.00
  • Total Monthly Fees: 400.00
  • Monthly HOA Amount: 400.00

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0263020002
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 3938

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 762258
  • Tax Book Number: 37-9
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2024
Closed on
Feb 29, 2024
Sold by
Patel Nick R and Patel Nehal N
Bought by
Lockhart William J and Lockhart Lori A
Seller's Agent
Steven Koleno
BEYCOME OF FLORIDA LLC
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$930,000
Sold Price
$930,000
Views
25
Current Estimated Value
$1,233,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,765
Avg. Annual Appreciation
20.00%

Purchase Details

Closed on
Jun 15, 2017
Sold by
Scully Robert M and Scully Susan W
Bought by
Patel Nick R and Patel Nehal N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$915,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 1996
Sold by
Ashley Lakes Inc
Bought by
Scully Robert M and Scully Susan W
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lockhart William J $885,000 None Listed On Document
Patel Nick R $915,000 Attorney
Scully Robert M $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Nick R $915,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2024 03/28/24 Sold $930,000 0.0% $159 / Sq Ft
02/02/2024 02/02/24 Pending -- -- --
01/29/2024 01/29/24 For Sale $930,000 -- $159 / 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 $9,341 $1,006,400 $393,700 $612,700
2023 $9,341 $762,258 $0 $0
2022 $9,037 $737,047 $0 $0
2021 $8,974 $715,580 $0 $0
2020 $9,021 $705,700 $123,400 $582,300
2019 $9,296 $733,476 $0 $0
2018 $9,119 $719,800 $156,000 $563,800
2017 $8,055 $623,482 $0 $0
2016 $8,049 $747,500 $155,400 $592,100
2015 $8,196 $693,300 $151,100 $542,200
2014 $8,168 $641,219 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6174453

Stellar MLS

APN: 0263-02-0002