NOT LISTED FOR SALE

8391 Nice Way Sarasota, FL 34238

Estimated Value: $579,259 - $669,000

3 Beds
2 Baths
2,064 Sq Ft
$303/Sq Ft Est. Value

Last Sold April 16, 2018

Last sale price $415,000 $201 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,071/month

1 Day on Market

Highlights

  • Access To Lake
  • Heated In Ground Pool
  • Lake View
  • Ashton Elementary School Rated A
  • Gated Community
  • Reverse Osmosis System

About This Home

As of April 2018

MAGNIFICENT LAKE VIEW in maintenance free Somerset section of prestigious Turtle Rock. This beautiful pool home is located on a CORNER LOT affording total privacy. Volume tray ceilings, crown molding, 18" designer tiles with decorative accents throughout, and an abundance of natural light make this open floor plan home an absolute gem. Kitchen is adorned with aquarium windows and white solid service counters and cabinets. NEW BOSCH/LG STAINLESS STEEL APPLIANCES THROUGHOUT HOME HAVE NEVER BEEN USED. A gas stove, gas dryer and gas water heater, along with reverse osmosis water filtration system add to your comfort. The A/C, water heater and pool pump are relatively new. The large master bedroom has decorative wainscoting and a sunny sitting area over looking the lake. Double glass on all exterior windows and doors, along with easy to secure hurricane panels give added protection and security. This home affords an abundance of storage and cabinet space.Turtle Rock is a much sought after community, complete with a newly renovated clubhouse, geothermal heated pool, tennis courts, basketball courts, playground and 9 miles of walking trails. There is also an active social life if you so desire. With 24 hour security and located in a highly rated school district, Turtle Rock is wonderful place to call home. Close to Siesta Key beach, the Legacy Biking Trail, YMCA, Costco and plentiful shopping, dining and entertainment. Live the Florida lifestyle at it's best!

Last Agent to Sell the Property

Joan Cunnison

COLDWELL BANKER REALTY License #3235405 Listed on: 03/23/2018

COLDWELL BANKER REALTY

Last Buyer's Agent

Kathryn Patten

COLDWELL BANKER REALTY License #3289517

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,861

Year Built

  • Built in 1998

Lot Details

  • 6,000 Sq Ft Lot
  • West Facing Home
  • Mature Landscaping
  • Corner Lot

HOA Fees

  • $343 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 2,064 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Inside Utility
  • Lake Views
  • Hurricane or Storm Shutters

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Reverse Osmosis System

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Pool has a Solar Cover
  • Pool Sweep

Outdoor Features

  • Access To Lake
  • Deck
  • Screened Patio
  • Rain Gutters
  • Porch

Schools

  • Ashton Elementary School
  • Sarasota Middle School
  • Riverview High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, ground maintenance, manager, private road, recreational facilities, security
  • Turtle Rock Community
  • Turtle Rock Prcl G Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions, vehicle restrictions
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Community Pool

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,861

Year Built

Built in 1998

Lot Details

0

HOA Fees

$343 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Maintenance Grounds, Manager, Private Road, Recreational Facilities, Security
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2064
  • Lot Size Acres: 0.14
  • New Construction: No
  • Year Built: 1998
  • Building Area Total: 2737
  • Lot Size Sq Ft: 6000
  • Directions to Property: Palmer Ranch Parkway to Turtle Rock Blvd. Please proceed through the gate and make a left onto Nice Way. Home is on the left hand side, at the intersection of Nice Way and Sweetmeadow Drive.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4214292&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4214292&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.96512
  • Price per Sq Ft: 201.07
  • Close to Original List Price Ratio: 0.96512
  • Ratio: Current Price\Building Area Total: 151.63
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Convection Oven, Dishwasher, Dryer, Gas Water Heater, Kitchen Reverse Osmosis System, Microwave, Oven, Refrigerator, Washer, Water Softener Owned
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 8391
  • Room Count: 7
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Pool Features: Gunite, Heated, In Ground, Pool Sweep, Solar Cover
  • Exterior Features: Hurricane Shutters, Irrigation System, Rain Gutters, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Water View: Lake
  • Water Access: Lake
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Gas, Public, Sprinkler Recycled, Street Lights
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community, Irrigation-Reclaimed Water, Playground, Pool, Tennis Courts
  • Association Amenities: Gated, Maintenance, Playground, Recreation Facilities, Security, Tennis Court(s), Vehicle Restrictions
  • Association Fee: 1030
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 4120
  • Monthly HOA Fee: 343.33
  • Total Monthly Fees: 343.33

Schools

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

Lot Info

  • Parcel Number: 0121-08-0025
  • Additional Parcels: No
  • Lot Features: Corner Lot
  • Property Attached Yn: No
  • Flood Zone Code: x
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 3 Months
  • Approval Process: Contact HOA
  • Pet Restrictions: Contact HOA, no invisible fencing in Somerset, pets must be leashed
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Somerset requires one year of residency before leasing

Tax Info

  • Tax Annual Amount: 2861
  • Tax Book Number: 38/23
  • Tax Lot: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2018
Closed on
Apr 16, 2018
Sold by
Avila Jose A and Avila Avelina A
Bought by
Terpin Kenneth M and Terpin Michele
Seller's Agent
Joan Cunnison
COLDWELL BANKER REALTY
Buyer's Agent
Kathryn Patten
COLDWELL BANKER REALTY
List Price
$430,000
Sold Price
$415,000
Premium/Discount to List
-$15,000
-3.49%
Current Estimated Value
$625,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,565
Avg. Annual Appreciation
5.59%

Purchase Details

Closed on
Nov 17, 1997
Sold by
Somerset At Turtle Rock Inc
Bought by
Avila Jose A and Avila Avelina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,800
Interest Rate
7.31%

Purchase Details

Closed on
Jan 16, 1997
Sold by
Palmer Ranch Dev Ltd
Bought by
Swindell Robert L and Swindell Lois M

Purchase Details

Closed on
Oct 11, 1995
Sold by
Palmer Ranch Ent Inc
Bought by
Patchett Douglas Shane and Patchett Susan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.57%
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
Terpin Kenneth M $445,000 Sunbelt Title Agency
Avila Jose A $45,000 --
Swindell Robert L $61,500 --
Patchett Douglas Shane $59,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Avila Jose A $251,800
Previous Owner Patchett Douglas Shane $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2018 04/16/18 Sold $415,000 -3.5% $201 / Sq Ft
03/25/2018 03/25/18 Pending -- -- --
03/23/2018 03/23/18 For Sale $430,000 -- $208 / 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 $5,359 $463,507 -- --
2023 $5,359 $450,007 $0 $0
2022 $5,212 $436,900 $111,000 $325,900
2021 $4,571 $337,900 $94,200 $243,700
2020 $4,551 $330,200 $94,200 $236,000
2019 $4,513 $331,200 $89,700 $241,500
2018 $2,875 $236,803 $0 $0
2017 $2,861 $231,932 $0 $0
2016 $2,857 $281,000 $68,900 $212,100
2015 $2,906 $271,300 $63,500 $207,800
2014 $2,894 $220,486 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4214292

Stellar MLS

APN: 0121-08-0025