NOT LISTED FOR SALE

8299 Cypress Hollow Dr Sarasota, FL 34238

Estimated Value: $822,065 - $878,000

3 Beds
3.5 Baths
2,897 Sq Ft
$294/Sq Ft Est. Value

Last Sold May 24, 2023

Last sale price $837,000 $289 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,502/month

27 Days on Market

Highlights

  • Lake Front
  • Oak Trees
  • Open Floorplan
  • Riverview High School Rated A
  • Screened Pool
  • Family Room with Fireplace

About This Home

As of May 2023

This Arthur Rutenberg masterpiece is one you’ll be excited to call home. As you step in your front door, 8-foot sliding glass door treat you to a spectacular view of a spacious pool deck and, beyond that, one of the best lake views in Palmer Ranch. Enjoy time with family and friends by your solar heated pool or a cozy sunrise with your favorite coffee overlooking the expansive lake vista. There are several seating areas around the deck to accommodate your mood or event. Deer Creek is not a cookie cutter community; sprawling lakes full of wildlife, grand oak trees, gated entry, and roomy, private lots with estates nested in harmony with their surroundings are what differentiate your community from the nearby new construction. The master wing features another set of tall sliding glass doors with breathtaking views of the lake, two ample walk-in closets, a walk-in shower, a separate tub, double vanity, and plenty of room for a king bed. Just outside the master is an office sized for an actual home office or easily convert it to a fourth bedroom with the addition of a closet. For chefs, this kitchen will be a dream come true. Recently updated with white cabinets, Bosch appliances, gorgeous quartz countertops, and glass tile backsplash, the kitchen will become the graceful, efficient center of the home and will serve you flawlessly for years to come. Ceilings of 11’9 in the living areas and master bedroom make the home feel grand and offer art lovers abundant room to showcase loved pieces. The light and airy color pallet works with the many windows and sliding glass doors to bathe the whole home in comforting natural light. A formal living room and dining room are separate from an open concept great room that is ideal for spending pleasant evenings at home by the wood burning fireplace or for entertaining guests. On the opposite side of the home, a separate wing, there are 2 more bedrooms and 2 full bathrooms. With another sliding glass door showcasing a beautiful view, en suite bathroom, vaulted ceilings, and its own sitting area by the pool, the guest bedroom feels like a second master suite. The third bathroom leads to the pool for convenience and tidiness. Elegant hard wood flooring covers almost the entire home. Surrounded by mature oak trees, lush grass and beautiful landscaping, this home provides quiet and peace of mind with many items recently replaced: roof, water heaters (2), replumbed, AC units (2), driveway, new well and pump for irrigation, electrical panel, and 2 bathrooms completely remodeled. This estate marries modern livability with classical elegance but demands nothing from you as all the upgrades and updates have been done! Check out the virtual tour and video walk through today or schedule your private showing now. Audio and video recording devices are present on the property.

Last Agent to Sell the Property

Frank Frederick

ASHTON LAKES REALTY INC License #3352526 Listed on: 04/02/2023

Last Buyer's Agent

Fernando Viteri

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3089222

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,595

Year Built

  • Built in 1991

Lot Details

  • 0.3 Acre Lot
  • Lake Front
  • West Facing Home
  • Mature Landscaping
  • Irrigation
  • Oak Trees
  • Property is zoned RMF1

HOA Fees

  • $181 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 2,897 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Den
  • Lake Views

Kitchen

  • Dinette
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • Dual Sinks
  • Bathtub With Separate Shower Stall
  • Shower Only
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Covered Patio or Porch

Schools

  • Gulf Gate Elementary School
  • Sarasota Middle School
  • Riverview High School

Utilities

  • Central Heating and Cooling System
  • 1 Water Well

Community Details

  • Ami Inc, Alex Hall Association, Phone Number (359) 113-4117
  • Visit Association Website
  • Palmer Ranch Association
  • Deer Creek Community
  • Deer Creek Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,595

Year Built

Built in 1991

Lot Details

0

HOA Fees

$181 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 2897
  • Lot Size Acres: 0.3
  • New Construction: No
  • Year Built: 1991
  • Building Area Total: 3971
  • Lot Size Sq Ft: 13187
  • Directions to Property: From Mcintosh Rd, go east on Deer Creek Blvd. Make a right on Cypress Hollow. Home will be on your left. Your GPS might try to get you into the community from the entrance on Central Sarasota Parkway. That is a residence only gate and you can't get in without a clicker.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 6 Months
  • RATIO Current Price By Calculate: 288.92
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_BedroomClosetType: Walk-in Closet
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Tile, Wood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Open Floorplan, Split Bedroom, Stone Counters, Walk-In Closet(s), Wet Bar
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Street Number Modifier: 8299
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 269.14
  • Room Count: 14

Exterior Features

  • Direction Faces: West
  • Pool Features: Gunite, In Ground, Screen Enclosure, Solar Heat
  • Exterior Features: Irrigation System, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Rear Porch, Screened
  • Road Surface Type: Asphalt
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0226F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Garage Faces Side

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Number Of Septics: 0
  • Number of Wells: 1

Condo/Co-op/Association

  • Association Fee: 544
  • Association Fee Frequency: Quarterly
  • Association Name: AMI Inc, Alex Hall
  • Phone: 359-1134x117
  • Association: Yes
  • Senior Community: No
  • Association: Palmer Ranch
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Association Email: ahall@amiwra.com
  • Association URL: www.deercreeksarasota.org

Fee Information

  • Total Annual Fees: 2176.00
  • Total Monthly Fees: 181.33
  • Monthly HOA Amount: 181.33

Schools

  • Elementary School: Gulf Gate Elementary
  • High School: Riverview High
  • Middle Or Junior School: Sarasota Middle

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0122040030
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 1225

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See HOA docs/website.

Tax Info

  • Tax Annual Amount: 4595
  • Tax Book Number: 33-19
  • Tax Lot: 72

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2023
Closed on
May 24, 2023
Sold by
Macdonald Richard J
Bought by
Wells Gary L and Wells Teresa D
Seller's Agent
Frank Frederick
ASHTON LAKES REALTY INC
Buyer's Agent
Fernando Viteri
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$1,100,000
Sold Price
$837,000
Premium/Discount to List
-$263,000
-23.91%
Views
125
Current Estimated Value
$851,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,516
Avg. Annual Appreciation
1.27%

Purchase Details

Closed on
Dec 15, 2010
Sold by
Schierholz William F and Schierholz Joan F
Bought by
Mcdonald Richard J

Purchase Details

Closed on
Aug 15, 2005
Sold by
Hadjopoulos Richard and Hadjopoulos Anne
Bought by
Schierholz William F and Schierholz Joan F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
May 5, 1999
Sold by
Bahl Frank M and Bahl Janet Ann
Bought by
Hadjopoulos Richard and Hadjopoulos Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7%

Purchase Details

Closed on
Jun 14, 1996
Sold by
Sutcliffe Alice G and Sutcliffe James E
Bought by
Bahl Frank M and Bahl Janet Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Interest Rate
7.94%
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
Wells Gary L $837,000 None Listed On Document
Mcdonald Richard J $359,900 Attorney
Schierholz William F $645,000 --
Hadjopoulos Richard $325,000 --
Bahl Frank M $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schierholz William F $516,000
Previous Owner Madjopoulos Richard $232,604
Previous Owner Hadjopoulos Richard $240,000
Previous Owner Bahl Frank M $265,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2023 05/24/23 Sold $837,000 -9.0% $289 / Sq Ft
04/30/2023 04/30/23 Pending -- -- --
04/05/2023 04/05/23 Price Changed $920,000 -16.4% $318 / Sq Ft
04/02/2023 04/02/23 For Sale $1,100,000 -- $380 / 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 $8,274 $665,300 $177,400 $487,900
2023 $8,274 $691,800 $171,500 $520,300
2022 $4,595 $371,013 $0 $0
2021 $4,470 $360,207 $0 $0
2020 $4,481 $355,234 $0 $0
2019 $4,331 $347,247 $0 $0
2018 $4,232 $340,772 $0 $0
2017 $4,214 $333,763 $0 $0
2016 $4,222 $421,700 $127,500 $294,200
2015 $4,296 $373,200 $107,500 $265,700
2014 $4,317 $317,291 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4565974

Stellar MLS

APN: 0122-04-0030