NOT LISTED FOR SALE

8311 Cypress Hollow Dr Sarasota, FL 34238

Estimated Value: $887,000 - $964,000

4 Beds
3.5 Baths
3,161 Sq Ft
$295/Sq Ft Est. Value

Last Sold March 30, 2023

Last sale price $995,000 $315 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $5,822/month

Highlights

  • 90 Feet of Lake Waterfront
  • Screened Pool
  • Gated Community
  • Riverview High School Rated A
  • Custom Home
  • Open Floorplan

About This Home

As of March 2023

Classic Elegance in Deer Creek. This 3100+ sq ft. home with 4 generous bedrooms and 3 baths is light and bright, extra spacious, and welcoming. Walk in the front door and be amazed at the wonderful view of the birds on the long lake and the beautiful custom pool and the surrounding outdoor space. The living room/dining room is wide open with sliders to the pool area and a floor plan that invites the endless possibilities of your decorating ideas. Continue to the updated kitchen with plenty of room for breakfast, lunch, or dinner, sunlit by beautiful windows. The connected family room has a wood burning fireplace, built in entertainment center and a full wall of sliders to the pool. Much has been updated inside and out from this original home. A three-car garage is a plus! Deer Creek is a great community with mature landscaping and located a short distance to the Legacy Trail and public transportation and biking distance to the award-winning YMCA, public and of course, Costco.

Last Agent to Sell the Property

Beverly Alter

MICHAEL SAUNDERS & COMPANY License #3053437 Listed on: 03/01/2023

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Judy Wright, PA

MICHAEL SAUNDERS & COMPANY License #0389612

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,980

Year Built

  • Built in 1990

Lot Details

  • 0.3 Acre Lot
  • 90 Feet of Lake Waterfront
  • Lake Front
  • West Facing Home
  • Irrigation
  • Landscaped with Trees
  • Property is zoned RMF1

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Custom Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 3,161 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Shelving
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Home Office
  • Lake Views
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Dinette
  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Access To Lake
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, escrow reserves fund, ground maintenance, trash
  • Advanced Management Association, Phone Number (941) 359-1134
  • Deer Creek Community
  • Deer Creek Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,980

Year Built

Built in 1990

Lot Details

0

HOA Fees

$160 per month

Parking

3

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Escrow Reserves Fund, Maintenance Grounds, Trash
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 3161
  • Lot Size Acres: 0.3
  • New Construction: No
  • Year Built: 1990
  • Building Area Total: 4377
  • Lot Size Sq Ft: 13168
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow State: FL
  • Minimum Lease: 6 Months
  • RATIO Current Price By Calculate: 314.77
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Fireplace Features: Family Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 293.67

Exterior Features

  • Direction Faces: West
  • Pool Features: Gunite, In Ground, Screen Enclosure
  • Exterior Features: Irrigation System, Lighting
  • Roof: Shingle
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Screened
  • Road Surface Type: Asphalt
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Access: Lake
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 90
  • Water Frontage Feet Lake: 90

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Gated
  • Association Fee: 480
  • Association Fee Frequency: Quarterly
  • Association Name: Advanced Management
  • Phone: 941-359-1134
  • Association: Yes
  • Security: Gated Community, Security Gate
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1920.00
  • Total Monthly Fees: 160.00
  • Monthly HOA Amount: 160.00

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0122050016
  • Additional Parcels: No
  • Lot Features: Paved
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please see association documents for restrictions/guidelines

Tax Info

  • Tax Annual Amount: 4980.33
  • Tax Book Number: 33-19
  • Tax Lot: 73

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
Mar 30, 2023
Sold by
Jane A Riggin Trust
Bought by
Valade John A and Valade Kimberly A
Seller's Agent
Beverly Alter
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Judy Wright, PA
MICHAEL SAUNDERS & COMPANY
List Price
$995,000
Sold Price
$995,000
Current Estimated Value
$933,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$61,170
Avg. Annual Appreciation
-2.43%

Purchase Details

Closed on
Mar 25, 2021
Sold by
Riggin Jane A and Riggin Edwin C
Bought by
Riggin Jane A and The Jane A Riggin Trust
Source: Public Records

Range of Values:

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Average Value
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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
Valade John A $995,000 --
Riggin Jane A -- Accommodation
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2023 03/30/23 Sold $995,000 0.0% $315 / Sq Ft
03/01/2023 03/01/23 Pending -- -- --
03/01/2023 03/01/23 For Sale $995,000 -- $315 / 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 $9,000 $746,400 $177,300 $569,100
2023 $9,000 $712,300 $171,500 $540,800
2022 $4,980 $399,347 $0 $0
2021 $4,839 $387,716 $0 $0
2020 $4,852 $382,363 $0 $0
2019 $4,693 $373,766 $0 $0
2018 $4,588 $366,797 $0 $0
2017 $4,568 $359,253 $0 $0
2016 $4,571 $454,500 $127,400 $327,100
2015 $4,652 $403,000 $107,400 $295,600
2014 $4,672 $341,522 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4562244

Stellar MLS

APN: 0122-05-0016