NOT LISTED FOR SALE

8474 Frangipani Terrace Sarasota, FL 34240

Estimated Value: $419,098 - $531,000

2 Beds
2 Baths
1,524 Sq Ft
$311/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $282,565 $185 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,078/month

Highlights

  • Fitness Center
  • New Construction
  • Open Floorplan
  • Tatum Ridge Elementary School Rated A-
  • Gated Community
  • Main Floor Primary Bedroom

About This Home

As of January 2022

Brand new, never lived in 2 Bedroom + Den with high ceilings located at Windward, Waterside Place in Lakewood Ranch, Sarasota. Available immediately for SEASONAL or ANNUAL lease. Pets allowed with owner approval. The home is near the entrance of the community with easy access to Fruitville and Lorraine roads. The 2 bedroom home offers contemporary light fixtures and ceiling fans, bright kitchen with guartz countertops, plenty of storage throughout and a kitchen pantry, stainless appliances and breakfast bar/island. The kitchen opens onto the eat in area and the living room. The main suite has 2 closets, one walk-in and en-suite with dual sinks and shower. The guest bedroom and bonus room share a full bathroom and can be used for an office or spare bedroom. You are situated close to everything that Waterside Place, Main Street Lakewood Ranch and University Town Center has to offer. Easy commute to downtown Sarasota, St. Armand's Circle and the beaches. Renters insurance required for long term leases. HOA security deposit, application and approval required. The home will be furnished only for seasonal rentals -furniture will be different from staged furnishings of model home as shown. Neighborhood amenities estimated to be completed early 2022.

Last Agent to Rent the Property

Lee Pippin

PREFERRED SHORE LLC License #3153750 Listed on: 12/06/2021

PREFERRED SHORE LLC

Last Renter's Agent

Lee Pippin

PREFERRED SHORE LLC License #3153750 Listed on: 12/06/2021

PREFERRED SHORE LLC

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $5,979

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.25 Acre Lot
  • Property fronts a private road
  • End Unit
  • Partially Fenced Property
  • Irrigation

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Villa

Interior Spaces

  • 1,524 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Coffered Ceiling
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Den
  • Inside Utility
  • Ceramic Tile Flooring
  • Park or Greenbelt Views

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector
  • In Wall Pest System

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Gray Water System
  • Double Wide

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,800
  • Property Available on 12/10/21
  • Tenant pays for cleaning fee
  • The owner pays for cable TV, grounds care, internet, security, sewer, trash collection
  • 12-Month Minimum Lease Term
  • Long Term Lease
  • $75 Application Fee

Community Details

Overview

  • Property has a Home Owners Association
  • Castle Group/Megan Heinns Association, Phone Number (410) 259-4663
  • Association Owns Recreation Facilities
  • Greenbelt

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Pet Deposit $300
  • 2 Pets Allowed
  • Dogs and Cats Allowed
  • Breed Restrictions
  • Extra large pets allowed

Security

  • Gated Community

Property Details

Home Type

Mobile/Manufactured

Est. Annual Taxes

$5,979

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Lease Amount Frequency: Annually
  • Pets Allowed: Breed Restrictions, Cats OK, Dogs OK, Pet Deposit, Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Long Term Y N: Yes
  • Minimum Lease: 6 Months
  • Seasonal Rent: 3500
  • Off Season Rent: 2800
  • Pet Deposit Fee: 300
  • Application Fee: 75
  • Pet Restrictions: Must be leashed with owners when outside the home at all times. Pet must be approved by home owner. Tenant must follow additional pet restrictions per condo documents. Long term tenants must disclose pet(s) with renters insurance policy holder.
  • Security Deposit: 2800
  • Pet Fee Non Refundable: 300
  • Additional Applicant Fee: 75
  • Lease Referral Fee Comments: $150 for short term lease and $200 for long term lease
  • Available Date: 2021-12-10

Listing Details

  • Property Type: Residential Lease
  • Property Condition: Completed
  • Property Sub Type: Villa
  • Fireplace: No
  • Living Area: 1524
  • Lot Size Acres: 0.25
  • New Construction: Yes
  • Year Built: 2021
  • Building Area Total: 2252
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 10890
  • Owner Pays: Cable TV, Grounds Care, Internet, Security, Sewer, Trash Collection
  • Tenant Pays: Cleaning Fee
  • Directions to Property: Corner of Fruitville and Lorraine road.
  • Status: Leased
  • Floor Number: 1
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Additional Pet Fee: Pet deposit is per pet.
  • Property Description: Corner Unit, End Unit
  • Call Center Phone Number: 9419613043
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 1.84
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 1.24
  • View: Yes
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built in Features, Ceiling Fans(s), Coffered Ceiling(s), Eating Space In Kitchen, High Ceiling(s), In Wall Pest System, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Split Bedroom, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer
  • Total Bedrooms: 2
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 8474
  • Room Count: 4
  • Master Bed Size: King
  • Additional Rooms: Den/Library/Office, Inside Utility

Exterior Features

  • Exterior Features: Gray Water System, Hurricane Shutters, Irrigation System, Lighting, Rain Gutters, Sidewalk, Sliding Doors
  • Body Type: Double Wide
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Greenbelt
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Rear Porch, Screened
  • Road Surface Type: Concrete, Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Natural Gas
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Fitness, Gated Community, Pool, Tennis Courts
  • Association Name: Castle Group/Megan Heinns
  • Phone: 410-259-4663
  • Association: Yes
  • Security: Fire Alarm, Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Lot Info

  • Parcel Number: 9999999999
  • Fencing: Partial
  • Lot Features: Greenbelt, In County
  • Property Attached Yn: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2021
Closed on
Nov 12, 2021
Sold by
Neal Communities Of Southwest Fl Llc
Bought by
Lao Norma Batac
Seller's Agent
Lee Pippin
PREFERRED SHORE LLC
Buyer's Agent
Lee Pippin
PREFERRED SHORE LLC
Sold Price
$2,800
Current Estimated Value
$473,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$470,725
Avg. Annual Appreciation
14.64%
Original Mortgage
$240,906
Outstanding Balance
$221,733
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$251,792
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
Lao Norma Batac $301,133 Allegiant Ttl Professionals
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lao Norma Batac $240,906
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2022 01/01/22 Rented $2,800 0.0% --
12/21/2021 12/21/21 Under Contract -- -- --
11/29/2021 11/29/21 For Rent $2,800 0.0% --
11/12/2021 11/12/21 Sold $282,565 0.0% $185 / Sq Ft
11/12/2021 11/12/21 For Sale $282,565 -- $185 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
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 $5,979 $346,907 -- --
2023 $5,979 $361,000 $60,400 $300,600
2022 $5,553 $286,700 $56,700 $230,000
2021 $984 $78,900 $78,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Lee Pippin

    Landlord's Agent in 2022

    Lee Pippin

    PREFERRED SHORE LLC

    (941) 961-3043

    12 Total Sales

    Lee Pippin
    Section Image

  • V

    Buyer's Agent in 2021

    Valentina Pippin

    REALTY HUB

    (941) 961-3044

    10 Total Sales

    Valentina Pippin
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4519414

Stellar MLS

APN: 0208-10-0052

Florida Sarasota County Sarasota 34240

8474 Frangipani Terrace, Sarasota, FL

This home is located at 8474 Frangipani Terrace, Sarasota, FL 34240 since 06 December 2021 and is currently priced at $473,525. This property was built in 2021. 8474 Frangipani Terrace is a home located in Sarasota County with nearby schools including Tatum Ridge Elementary School, McIntosh Middle School, and Booker High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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