NOT LISTED FOR SALE

8462 Cypress Lake Cir Sarasota, FL 34243

Estimated Value: $386,366 - $426,000

4 Beds
2 Baths
1,580 Sq Ft
$258/Sq Ft Est. Value

Last Sold July 06, 2017

Last sale price $250,000 $158 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,427/month

40 Days on Market

Highlights

  • Spa
  • Property is near public transit
  • Ranch Style House
  • Deck
  • Family Room with Fireplace
  • Attic

About This Home

As of July 2017

Location, Location, Location! Come take a look at this 4 Bedroom home in the highly desired neighborhood of Country Oaks. This home is conveniently located off of University Parkway and is minutes away from either Downtown Sarasota or Lakewood Ranch, which provides tons of options for Dining, Entertainment and shopping. This Property features: 4 bedrooms, 2 bathrooms, a wood burning fireplace, and a large screened in lanai. It also has had several updates, including: a roof that was replaced in 2005, a newer A/C system and a remodeled Kitchen with granite counter tops. This home is in a great neighborhood and is ready for it's next owner.

Last Agent to Sell the Property

Tim Lester

TIM LESTER INTERNAT'L REALTY Brokerage Phone: 941-981-5388 License #3101382 Listed on: 02/09/2017

Last Buyer's Agent

Tim Lester

TIM LESTER INTERNAT'L REALTY Brokerage Phone: 941-981-5388 License #3101382 Listed on: 02/09/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,574

Year Built

  • Built in 1985

Lot Details

  • 8,015 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Irrigation
  • Property is zoned PDR/WPE/

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,580 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Attic

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Country Oaks Sub Community
  • Country Oaks Sub Ph I Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,574

Year Built

Built in 1985

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Wood Frame
  • Fireplace: Yes
  • Living Area: 1580
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 1985
  • Building Area Total: 2458
  • Lot Size Sq Ft: 8015
  • Directions to Property: Lockwood Ridge N. from Univ. Pkwy. Right into Country Oaks continue on Country Oaks Blvd. to end. Right on Cypress Lakes Dr. follow around to Cypress Lakes Circle.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • List Office Head Office Key Nume: 1044459
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 158.23
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Attribution Contact: 941-981-5388
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Attic, Ceiling Fans(s), High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom
  • Appliances Included: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Yn: Yes
  • Window Features: Blinds
  • Street Number Modifier: 8462
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Attic
  • Living Area Meters: 146.79
  • Room Count: 9

Exterior Features

  • Direction Faces: East
  • Exterior Features: Irrigation System, Rain Gutters, Sliding Doors
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2014-03-17
  • Flood Zone Panel: 12081C0319E

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Utilities: Cable Available, Electricity Connected, Fiber Optics, Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association Fee: 75
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 0
  • Pet Restrictions: Please check with the HOA prior to purchase to be sure property can be used as intended.
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 300.00
  • Total Monthly Fees: 25.00
  • Monthly HOA Amount: 25.00

Lot Info

  • Zoning: PDR/WPE/
  • Parcel Number: 2045903503
  • Additional Parcels: No
  • Fencing: Fenced
  • Lot Features: Near Public Transit, Sidewalk
  • Flood Zone Code: X
  • Homestead YN: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Please check with the HOA prior to purchase to be sure property can be used as intended.

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 2574
  • Tax Block: B
  • Tax Book Number: 22-45
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2017
Closed on
Jul 6, 2017
Sold by
Allen Randolph B and Allen Jessica
Bought by
Parrish Houston M and Mahoney Lynn A
Seller's Agent
Tim Lester
TIM LESTER INTERNAT'L REALTY
Buyer's Agent
Tim Lester
TIM LESTER INTERNAT'L REALTY
List Price
$260,000
Sold Price
$250,000
Premium/Discount to List
-$10,000
-3.85%
Current Estimated Value
$408,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,092
Avg. Annual Appreciation
6.21%
Original Mortgage
$245,471
Outstanding Balance
$204,992
Interest Rate
3.99%
Mortgage Type
FHA
Estimated Equity
$205,641

Purchase Details

Closed on
Jan 19, 2010
Sold by
Shipps Carole M and The Carole M Shipps Revocable
Bought by
Allen Randolph B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,920
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 19, 2006
Sold by
Shipps Donald E and Shipps Carole M
Bought by
Shipps Carole M and The Carole M Shipps Revocable

Purchase Details

Closed on
Feb 5, 1999
Sold by
Gamble Dennis E and Gamble Deborah B
Bought by
Shipps Donald E and Shipps Carole M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,800
Interest Rate
6.85%

Purchase Details

Closed on
Apr 6, 1994
Sold by
Gamble Deborah B
Bought by
Gamble Dennis E and Gamble Deborah B
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
Parrish Houston M $250,000 Attorney
Allen Randolph B $170,000 Alliance Group Title Llc
Shipps Carole M -- None Available
Shipps Donald E $118,500 --
Gamble Dennis E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parrish Houston M $245,471
Previous Owner Allen Randolph B $166,920
Previous Owner Shipps Donald E $94,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2017 10/08/17 Off Market $250,000 -- --
07/06/2017 07/06/17 Sold $250,000 -3.8% $158 / Sq Ft
03/22/2017 03/22/17 Pending -- -- --
02/09/2017 02/09/17 For Sale $260,000 -- $165 / 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 $2,855 $220,260 -- --
2024 $2,855 $214,052 -- --
2023 $2,799 $207,817 $0 $0
2022 $2,693 $201,764 $0 $0
2021 $2,586 $195,887 $0 $0
2020 $2,658 $193,182 $0 $0
2019 $2,606 $188,839 $0 $0
2018 $2,571 $185,318 $48,000 $137,318
2017 $2,751 $177,388 $0 $0
2016 $2,574 $162,460 $0 $0
2015 $2,109 $146,190 $0 $0
2014 $2,109 $120,534 $0 $0
2013 $1,920 $107,620 $25,450 $82,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4177207

Stellar MLS

APN: 20459-0350-3