NOT LISTED FOR SALE

8483 Frangipani Terrace Sarasota, FL 34240

Estimated Value: $476,442 - $530,000

2 Beds
2 Baths
1,524 Sq Ft
$327/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $560,000 $367 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $3,500/month

33 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Open Floorplan
  • Tatum Ridge Elementary School Rated A-
  • Gated Community
  • Clubhouse

About This Home

As of November 2023

Situated on an idyllic south-facing lake front lot in Windward at Lakewood Ranch, this two-bedroom plus a den villa built in 2021 is a breath of fresh air. The Tidewater plan is light and open boasting HURRICANE IMPACT WINDOWS and SLIDER DOORS throughout. Perfectly sized with a plethora of upgrades, including luxury vinyl plank flooring (no carpeting), an extended screened lanai, disappearing pocket sliding glass doors, and new light fixtures. The great room and dining room are open to the kitchen with a large counter-height island, pendant lighting, abundant white cabinetry, quartz counters, stainless GE appliances, and pantry. The split bedroom plan is perfect for visiting guests who will enjoy their own walk-in closet, and with a separate study/den nearby, it’s perfect to double as a third bedroom, den, or office. On it’s own private wing, the owner’s retreat offers lake views, two separate closets, two vanity sinks, and walk-in shower. Pavered driveway and a two car garage with epoxy painted flooring further enhances this fantastic opportunity in Sarasota to reside in Windward at Lakewood Ranch, Waterside’s only gated community. With ground maintenance already included, Windward also features a 9,600-square-foot clubhouse, gathering center, full-time activities director, state-of-the-art fitness center, two resort-style pools, sports courts and fields, including pickleball and tennis, and access to miles of trails and acres of manicured parks, playgrounds and dog parks. This South Lakewood Ranch community is close to notable schools, shopping, restaurants and golf, as well as being in close proximity to Sarasota's Gulf beaches.

Last Agent to Sell the Property

Tina Ciaccio

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-907-9595 License #3231045 Listed on: 09/14/2023

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Pam Charron

COMPASS FLORIDA LLC License #3208565

COMPASS FLORIDA LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,743

Year Built

  • Built in 2021

Lot Details

  • 4,736 Sq Ft Lot
  • Lake Front
  • North Facing Home
  • Property is zoned VPD

HOA Fees

  • $231 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Villa
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,524 Sq Ft Home
  • Open Floorplan
  • Blinds
  • Lake Views
  • High Impact Windows

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet

Additional Features

  • Reclaimed Water Irrigation System
  • Rain Gutters

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, ground maintenance, recreational facilities
  • Castle Group/Megan Heins Association, Phone Number (941) 304-6560
  • Visit Association Website
  • Built by Neal Homes
  • Windward/Lakewood Ranch Ph 1 Subdivision, Tidewater Floorplan
  • The community has rules related to deed restrictions, fencing

Amenities

  • Clubhouse
  • Community Mailbox

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,743

Year Built

Built in 2021

Lot Details

0

HOA Fees

$231 per month

Parking

2

Listing Details

  • HOA Fee Includes: Pool, Maintenance Grounds, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Villa
  • Construction Materials: Brick, Stucco
  • Fireplace: No
  • Living Area: 1524
  • Lot Size Acres: 0.11
  • New Construction: No
  • Year Built: 2021
  • Building Area Total: 2334
  • Lot Size Sq Ft: 4736
  • Directions to Property: Lorraine Rd South; Enter right to Windward.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 6 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 367.45
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 941-907-9595
  • Tax Year: 2022
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Master Bedroom Main Floor, Open Floorplan, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Window Features: Blinds, Impact Glass/Storm Windows
  • Street Number Modifier: 8483
  • ResoLivingAreaSource: Builder
  • Living Area Meters: 141.58
  • Room Count: 7

Exterior Features

  • Direction Faces: North
  • Exterior Features: Irrigation System, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0160F

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Sprinkler Recycled, Underground Utilities
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Gated Community - No Guard, Irrigation-Reclaimed Water, Playground, Pool, Tennis Courts
  • Association Amenities: Fence Restrictions, Fitness Center, Gated, Pickleball Court(s), Playground, Pool, Tennis Court(s)
  • Association Fee: 693
  • Association Fee Frequency: Quarterly
  • Association Name: Castle Group/Megan Heins
  • Phone: 941.304.6560
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: County Leash Laws Apply - Please see HOA Docs for any additional restrictions.
  • Association Fee Requirement: Required
  • Association Email: MHeins@castlegroup.com
  • Pet Size: Extra Large (101+ Lbs.)
  • Association URL: windwardlakewoodranch.net

Fee Information

  • Total Annual Fees: 2772.00
  • Total Monthly Fees: 231.00
  • Monthly HOA Amount: 231.00

Lot Info

  • Zoning: VPD
  • Parcel Number: 0208100062
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 440

Building Info

  • Builder Name: Neal Homes

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please see HOA Docs for any additional restrictions.

Tax Info

  • Tax Annual Amount: 5743
  • Tax Book Number: 54-301-324
  • Tax Lot: 62
  • Tax Other Annual Assessment Amount: 1747

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2024
Sold by
Malm Lawrence M
Bought by
Malm Lawrence M and White Lauren Elizabeth
Current Estimated Value
$497,861

Purchase Details

Listed on
Sep 14, 2023
Closed on
Nov 30, 2023
Sold by
Vu Linh and Vu Michael
Bought by
Malm Lawrence M
Seller's Agent
Tina Ciaccio
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Pam Charron
COMPASS FLORIDA LLC
List Price
$569,000
Sold Price
$560,000
Premium/Discount to List
-$9,000
-1.58%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.57%
Original Mortgage
$510,000
Interest Rate
4%
Mortgage Type
VA

Purchase Details

Listed on
Apr 7, 2022
Closed on
Jun 30, 2022
Sold by
Antonio Rodrigues Michael and Antonio Patric Maria
Bought by
Vu Linh and Boggs Michael
Seller's Agent
Dan Henson
DALTON WADE INC
Buyer's Agent
Tina Ciaccio
MICHAEL SAUNDERS & COMPANY
List Price
$580,000
Sold Price
$510,000
Premium/Discount to List
-$70,000
-12.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%

Purchase Details

Closed on
Jun 21, 2021
Sold by
Neal Communities Of Southwest Fl Llc
Bought by
Rodrigues Michael Antonio and Rodrigues Maria Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,781
Interest Rate
2.3%
Mortgage Type
New Conventional
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
Malm Lawrence M $100 None Listed On Document
Malm Lawrence M $560,000 None Listed On Document
Vu Linh $510,000 Berlin Patten Ebling Pllc
Rodrigues Michael Antonio $353,780 Allegiant Ttl Professionals
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malm Lawrence M $510,000
Previous Owner Rodrigues Michael Antonio $253,781
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $560,000 -1.6% $367 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $569,000 0.0% $373 / Sq Ft
04/14/2023 04/14/23 Rented $3,500 0.0% --
02/21/2023 02/21/23 For Rent $3,500 0.0% --
06/30/2022 06/30/22 Sold $510,000 -5.4% $336 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/23/2022 04/23/22 Price Changed $539,000 -3.6% $355 / Sq Ft
04/16/2022 04/16/22 Price Changed $559,000 -5.1% $368 / Sq Ft
04/08/2022 04/08/22 Price Changed $589,000 +1.6% $388 / Sq Ft
04/07/2022 04/07/22 For Sale $580,000 -- $382 / 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 $6,684 $213,199 -- --
2023 $6,684 $399,500 $83,500 $316,000
2022 $5,743 $338,500 $96,300 $242,200
2021 $993 $79,700 $79,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4582432

Stellar MLS

APN: 0208-10-0062