NOT LISTED FOR SALE

6642 38th Ln E Sarasota, FL 34243

Estimated Value: $498,352 - $667,000

4 Beds
3 Baths
2,388 Sq Ft
$238/Sq Ft Est. Value

Last Sold June 04, 2013

Last sale price $239,000 $100 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $3,725/month

45 Days on Market

Highlights

  • Deck
  • High Ceiling
  • Family Room Off Kitchen
  • Ranch Style House
  • Community Pool
  • Porch

About This Home

As of June 2013

Freddie Mac Foreclosure. This spacious home has an extremely functional layout offering separate living and family rooms, with a formal dining area, large kitchen with breakfast bar, a split floor plan and tall ceilings. This home is clean and has been repaired with new paint throughout, carpets professionally cleaned, as well as a BRAND NEW range, microwave hood and dishwasher. There is also a generous sized lanai under the roof, a 3 car garage and a paver driveway. RioMar is a great subdivision with lowHOA fees offering internet, cable, alarm, irrigation and a community pool! CURRENT PROMOTION: $500 credit at closing for the actual price of a warranty up to $500 (Buyer's choice) & up to 3.0% actual buyer's closing costs. Offer is not eligible on investor purchases.

Last Agent to Sell the Property

Paul DeSantis

PREMIER SOTHEBYS INTL REALTY License #3125695 Listed on: 03/25/2013

PREMIER SOTHEBYS INTL REALTY

Last Buyer's Agent

Bill Howell

HOOK & LADDER REALTY INC License #0696031

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,734

Year Built

  • Built in 2006

Lot Details

  • 7,800 Sq Ft Lot
  • Lot Dimensions are 65.0x120.0
  • East Facing Home
  • Landscaped with Trees
  • Property is zoned PDR/W

HOA Fees

  • $167 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,388 Sq Ft Home
  • High Ceiling
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Inside Utility
  • Fire and Smoke Detector

Kitchen

  • Range with Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Argus Management 941 927 6464 X 101 Association
  • Riomar Community
  • Cascades At Sarasota Ph IV Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,734

Year Built

Built in 2006

Lot Details

0

HOA Fees

$167 per month

Parking

3

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2388
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 3299
  • Lot Size Sq Ft: 7800
  • Directions to Property: Fruitville Road E. then left on Lockwood Ridge, left on Whitfield, 1st right onto Tuttle, 1st left on Royal Cascades Way, left onto 38th Lane East. Home is on the right.
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3975604&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3975604&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 1879205
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.90223
  • Price per Sq Ft: 100.08
  • Close to Original List Price Ratio: 0.90223
  • Ratio: Current Price\Building Area Total: 72.45
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2012
  • Special Features: 4116

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: High Ceiling(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Microwave Hood, Range
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Street Number Modifier: 6642
  • Room Count: 7
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Oversized
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association Fee: 500
  • Association Fee Frequency: Quarterly
  • Association Name: Argus Management 941-927-6464 x 101
  • Association: Yes
  • Security: Smoke Detector(s)
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 2000
  • Total Monthly Fees: 166.67

Lot Info

  • Zoning: PDR/W
  • Parcel Number: 1879236709
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk
  • Lot Dimensions: 65.0X120.0
  • Millage Rate: 16.23
  • Flood Zone Code: A
  • Future Land Use: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2013-06-04T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 2734
  • Tax Book Number: 0046/0191
  • Tax Lot: 4074

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2014
Sold by
Fetlar Llc
Bought by
Sway 2014-1 Borrower Llc
Current Estimated Value
$567,588

Purchase Details

Listed on
Mar 25, 2013
Closed on
May 31, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Fellcroft Llc
Seller's Agent
Paul DeSantis
PREMIER SOTHEBYS INTL REALTY
Buyer's Agent
Bill Howell
HOOK & LADDER REALTY INC
List Price
$264,900
Sold Price
$239,000
Premium/Discount to List
-$25,900
-9.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%

Purchase Details

Closed on
Feb 26, 2013
Sold by
Homeward Residential Inc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Feb 6, 2013
Sold by
Nguyen Huynh Long and Nguyen Huynh
Bought by
American Home Mortgage Servicing Inc

Purchase Details

Closed on
May 9, 2007
Sold by
Levitt & Sons Of Manatee County Llc
Bought by
Nguyen Long Huynh and Nguyen Thanh T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
9.62%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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
Sway 2014-1 Borrower Llc -- None Available
Fellcroft Llc $239,000 Attorney
Federal Home Loan Mortgage Corporation -- None Available
American Home Mortgage Servicing Inc $181,600 None Available
Nguyen Long Huynh $300,000 U F C Title Ins Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nguyen Long Huynh $60,000
Previous Owner Nguyen Long Huynh $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2013 06/04/13 Sold $239,000 -9.8% $100 / Sq Ft
05/10/2013 05/10/13 Pending -- -- --
03/25/2013 03/25/13 For Sale $264,900 -- $111 / 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
2025 $6,574 $415,221 -- --
2024 $6,574 $485,697 $45,900 $439,797
2023 $6,427 $490,529 $45,900 $444,629
2022 $5,786 $427,778 $45,000 $382,778
2021 $4,544 $283,602 $40,000 $243,602
2020 $4,447 $264,273 $40,000 $224,273
2019 $4,792 $284,041 $40,000 $244,041
2018 $4,717 $276,617 $40,000 $236,617
2017 $4,171 $255,430 $0 $0
2016 $3,880 $249,654 $0 $0
2015 $3,536 $241,845 $0 $0
2014 $3,536 $204,721 $0 $0
2013 $3,076 $182,787 $23,900 $158,887
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3975604

Stellar MLS

APN: 18792-3670-9