NOT LISTED FOR SALE

6782 Timberland Ln Sarasota, FL 34241

Estimated Value: $977,000 - $1,090,000

4 Beds
3 Baths
2,660 Sq Ft
$393/Sq Ft Est. Value

Last Sold June 19, 2019

Last sale price $659,000 $248 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $6,242/month

69 Days on Market

Highlights

  • Access To Pond
  • Stables
  • Oak Trees
  • Lakeview Elementary School Rated A
  • Horses Allowed in Community
  • Screened Pool

About This Home

As of June 2019

Distinctive, private, unique and full of character that sets it apart from all other properties on the market. Welcome home to your 5-acre, fully renovated, ranchette estate in the heart of the next growth area for Sarasota. Located only minutes from I-75 and a short drive to USA’s number #1 quartz sand beach – Siesta Key, plentiful shopping, amazing parks and zoned for all A rated schools, this estate has it all! Enter the property through the freshly paved circular driveway and gaze upon the expansive, fenced horse pasture to your right and natural Florida pond to your left as you approach the home. Once at the home, appreciate the well-manicured plant beds, additional detached garage to the left, horse stable and unique fountain feature framing the estate. Walking through the unique front door, you will immediately be surrounded by modern and fresh updates on every surface through the home. The 2016 renovation included updated tile throughout the home, completely overhauled kitchen, hurricane impact windows, new roof, new HVAC, new pool surface/decking/equipment, new appliances, new carpet, overhauled bathrooms, new water treatment equipment and oh so much more!! The kitchen is a dream - two toned cabinetry, Caesarstone surfaces, modern glass backsplash all open to the dining room and family room - just perfect to entertain your family and friends. Escape to the pool deck and jump into the sparkling heated pool or roast some marshmallows for some smores at the natural fire pit!

Last Agent to Sell the Property

Stephen Downes

ECO LUXE REALTY License #3344393 Listed on: 02/02/2019

Last Buyer's Agent

Davida MCDonald

COLDWELL BANKER REALTY License #3250532

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,327

Year Built

  • Built in 1978

Lot Details

  • 5.01 Acre Lot
  • Near Conservation Area
  • South Facing Home
  • Fenced
  • Mature Landscaping
  • Level Lot
  • Irregular Lot
  • Oak Trees
  • Fruit Trees
  • Wooded Lot
  • Property is zoned OUE

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Workshop in Garage
  • Circular Driveway

Property Views

  • Pond
  • Woods

Home Design

  • Ranch Style House
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,660 Sq Ft Home
  • Wood Burning Fireplace
  • Insulated Windows
  • Drapes & Rods
  • Family Room with Fireplace
  • Separate Formal Living Room
  • Breakfast Room
  • Storm Windows
  • Attic

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Screened Pool
  • Solar Heated In Ground Pool
  • Fence Around Pool
  • Pool Lighting

Outdoor Features

  • Access To Pond
  • Enclosed Patio or Porch

Schools

  • Lakeview Elementary School
  • Sarasota Middle School
  • Riverview High School

Farming

  • Pasture

Horse Facilities and Amenities

  • Zoned For Horses
  • Stables

Utilities

  • Humidity Control
  • Central Heating and Cooling System
  • Heat Pump System
  • Thermostat
  • Water Filtration System
  • Well
  • Water Purifier
  • Water Softener
  • Septic Tank
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include private road
  • Timberland Home Owners Association, Phone Number (941) 724-1086
  • Timber Land Ranchettes Community
  • Timber Land Ranchettes Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,327

Year Built

Built in 1978

Lot Details

0

HOA Fees

$67 per month

Parking

3

Listing Details

  • HOA Fee Includes: Private Road
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Wood Frame, Wood Siding
  • Fireplace: Yes
  • Living Area: 2660
  • Lot Size Acres: 5.01
  • New Construction: No
  • Year Built: 1978
  • Building Area Total: 3841
  • Lot Size Sq Ft: 217057
  • Directions to Property: From I-75 and Clarke Road, head east approximately 3 miles to entrance of Timberland on left, just before Bee Ridge Extension. First house on left, look for Lionstone Sign.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4425771&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4425771&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 5 to less than 10
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 247.74
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 171.57
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Eating Space In Kitchen, Master Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat, Window Treatments
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer, Water Filtration System, Water Purifier, Water Softener
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Other Equipment: Satellite Dish
  • Window Features: Drapes, Insulated Windows, Storm Window(s)
  • Street Number Modifier: 6782
  • Room Count: 7
  • Additional Rooms: Attic, Breakfast Room Separate, Family Room, Formal Living Room Separate
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Other Structures: Stable(s)
  • Pool Features: Heated, In Ground, Lighting, Screen Enclosure, Solar Heat
  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: Yes
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Front Porch, Patio, Screened
  • Road Surface Type: Paved
  • Water View: Pond
  • Water Access: Pond
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0170F
  • Additional Water Information: Pond located on the 5 acre property

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Driveway, Other, Workshop in Garage
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Public
  • Cooling: Central Air, Humidity Control
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well
  • Public Remarks Required: One or more photo(s) has been virtually staged.
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Horses Allowed
  • Association Fee: 200
  • Association Fee Frequency: Quarterly
  • Association Name: Timberland Home Owners Association
  • Phone: 9417241086
  • Association: Yes
  • Senior Community: No
  • Association Email: Dwell.downes@gmail.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 800
  • Monthly HOA Fee: 66.67
  • Total Monthly Fees: 66.67

Schools

  • Elementary School: Lakeview Elementary
  • High School: Riverview High
  • Middle Or Junior School: Sarasota Middle

Lot Info

  • Zoning: OUE
  • Parcel Number: 0282010010
  • Additional Parcels: No
  • Lot Features: Conservation Area, In County, Irregular Lot, Level, Pasture, Zoned for Horses
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Landscaping: Fl. Friendly/Native Landscape

Rental Info

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

Tax Info

  • Tax Annual Amount: 5327
  • Tax Book Number: 22-41
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2019
Closed on
May 24, 2019
Sold by
Spencer Larry Lee and Spencer Carol Ann
Bought by
Promowicz Michael Phillip and Mcdonald Davida L
Seller's Agent
Stephen Downes
ECO LUXE REALTY
Buyer's Agent
Davida MCDonald
COLDWELL BANKER REALTY
List Price
$659,000
Sold Price
$659,000
Current Estimated Value
$1,044,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,055
Avg. Annual Appreciation
7.60%
Original Mortgage
$484,350
Outstanding Balance
$424,977
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$619,078

Purchase Details

Closed on
Jun 30, 2018
Sold by
Spencer Larry Lee and Spencer Carol Ann
Bought by
Spencer Larry Lee and Spencer Carol Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$952,500
Interest Rate
5.1%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
May 6, 2015
Sold by
Zuckerman Barry W and Zuckerman Ruth M
Bought by
Spencer Larry Lee and Spencer Carolann
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
Promowicz Michael Phillip $659,000 Attorney
Spencer Larry Lee -- Placer Titel Co
Spencer Larry Lee $410,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Promowicz Michael Phillip $484,350
Previous Owner Spencer Larry Lee $952,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2019 06/19/19 Sold $659,000 0.0% $248 / Sq Ft
04/08/2019 04/08/19 Pending -- -- --
01/29/2019 01/29/19 For Sale $659,000 -- $248 / 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 $7,415 $629,249 -- --
2023 $7,415 $610,921 $0 $0
2022 $7,280 $593,127 $0 $0
2021 $7,194 $575,851 $0 $0
2020 $7,230 $567,900 $259,500 $308,400
2019 $5,557 $401,900 $156,700 $245,200
2018 $5,327 $384,700 $155,100 $229,600
2017 $5,468 $389,000 $173,100 $215,900
2016 $5,264 $362,900 $165,700 $197,200
2015 $4,562 $335,800 $150,700 $185,100
2014 $4,842 $362,357 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4425771

Stellar MLS

APN: 0282-01-0010