$332,990
SOLD JUN 28, 2019

8501 Cache Dr Sarasota, FL 34240

3 Beds
3 Baths
1,761 Sq Ft
6,000 Sq Ft Lot

Recently Sold

$189 Per Sq Ft

1% Below List Price

40 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Under Construction
  • Pond View
  • Tatum Ridge Elementary School Rated A-
  • Home fronts a pond
  • Open Floorplan

About This Home

As of July 2021

Under Construction: Welcome home to the Arlington, a stunning, open concept, one-story home. This elevation style Arlington includes 3 bedrooms, 2 full bathrooms, a dining room, an open concept kitchen and family room, and a 2-car garage, plus a covered lanai. Entering the home is an elegant experience. As you continue down the hallway, you are met by two bedrooms and a full bathroom on one side. A flowing, open concept dining/family/kitchen area awaits. The kitchen blends into the outside with sliding glass doors opening to the outdoor space. Perfect for cool winter nights and moments of quiet reflection, the lanai is a wonderful place to enjoy Florida outdoor living. The master suite resides off to the side with a luxurious walk-in closet built for ample storage, leading into a gorgeous master bath. The Arlington is a blend of taste and function. Come take a look today! Pictures shown may not be actual photos but a representation of the home and floor plan**

Last Agent to Sell the Property

Michael Stephens

FLORIWEST REALTY GROUP, LLC License #3241857 Listed on: 02/18/2019

Last Buyer's Agent

Kristie DeSantis

FINE PROPERTIES License #3254177

FINE PROPERTIES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,789

Year Built

  • Built in 2018 | Under Construction

Lot Details

  • 6,000 Sq Ft Lot
  • Home fronts a pond
  • 50 Feet of Waterfront
  • North Facing Home
  • Property is zoned QUE-1

HOA Fees

  • $74 Monthly HOA Fees

Parking

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

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,761 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Tray Ceiling
  • Family Room Off Kitchen
  • Den
  • Pond Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Home Security

  • Hurricane or Storm Shutters
  • In Wall Pest System
  • Pest Guard System

Eco-Friendly Details

  • Energy-Efficient Thermostat
  • Irrigation System Uses Rainwater From Ponds

Outdoor Features

  • Exterior Lighting
  • Rear Porch

Schools

  • Tatum Ridge Elementary School
  • Mcintosh Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include recreational facilities
  • Pinnacle Association, Phone Number (941) 444-7090
  • Built by M/I Homes of Sarasota
  • Hidden Creek Subdivision, Daintree Floorplan
  • Rental Restrictions

Recreation

  • Recreation Facilities
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,789

Year Built

Built in 2018 | Under Construction

Lot Details

0

HOA Fees

$74 per month

Parking

2

Listing Details

  • HOA Fee Includes: Recreational Facilities
  • Property Type: Residential
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1761
  • Lot Size Acres: 0.13
  • New Construction: Yes
  • Year Built: 2018
  • Building Area Total: 2161
  • Lot Size Sq Ft: 6000
  • Directions to Property: East of 75 on Fruitville approx. miles, turn left at Dear Run Drive "in between Sarasota Military Academy and Faith Baptist Church" Go to information center in rear but call for appointment first
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=R4901504&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=R4901504&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Number Of Pets: 3
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: Yes
  • Call Center Phone Number: 941-225-2111
  • Projected Completion Date: 2019-04-30T04:00:00.000Z
  • Ratio: Close Price\List Price: 0.99403
  • Price per Sq Ft: 189.09
  • Close to Original List Price Ratio: 0.94266
  • Ratio: Current Price\Building Area Total: 154.09
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Tax Year: 2018
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Eating Space In Kitchen, In Wall Pest System, Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Pest Guard System, Solid Surface Counters, Split Bedroom, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Microwave, Range Hood
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 2
  • Street Number Modifier: 8501
  • Room Count: 6
  • Additional Rooms: Den/Library/Office
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: North
  • Exterior Features: Hurricane Shutters, Irrigation System, Lighting
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: Yes
  • Patio and Porch Features: Rear Porch
  • Water View: Pond
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Waterfront Frontage: 50
  • Water Frontage Feet Pond: 50

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Public, Sewer Connected, Sprinkler Recycled, Underground Utilities, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Private, Public
  • Public Remarks Required: Under Construction.
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Irrigation-Reclaimed Water, Playground
  • Association Amenities: Playground, Recreation Facilities
  • Association Fee: 74.28
  • Association Fee Frequency: Monthly
  • Association Name: PINNACLE
  • Phone: 941- 444-7090
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 891.36
  • Monthly HOA Fee: 74.28
  • Total Monthly Fees: 74.28

Schools

  • Elementary School: Tatum Ridge Elementary
  • High School: Booker High
  • Middle Or Junior School: McIntosh Middle

Lot Info

  • Zoning: QUE-1
  • Parcel Number: 8501 CACHE DRIVE
  • Additional Parcels: No
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Thermostat
  • Green Water Conservation: Irrig. System-Rainwater from Ponds, Irrigation-Reclaimed Water

Building Info

  • Builder Name: M/I Homes of Sarasota

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 1-2 Years
  • Pet Restrictions: No more than 3 domestic pets per home
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: 1 year minimum term on leases, no subleasing or leasing of individual rooms

Tax Info

  • Tax Lot: 55

Multi Family

  • Waterfront Features: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Jul 28, 2021
Sold by
Scharett Rachael Danielle
Bought by
Parks Johnathan Carl and Parks Ashley Nicole
Seller's Agent
Mia McKeehan
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Michele Urbanowski
CENTURY 21 LINK REALTY, INC.
List Price
$450,000
Sold Price
$455,000
Premium/Discount to List
$5,000
1.11%
Current Estimated Value
$577,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,103
Avg. Annual Appreciation
6.74%
Original Mortgage
$420,000
Outstanding Balance
$385,485
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$205,579

Purchase Details

Listed on
Feb 18, 2019
Closed on
Jun 28, 2019
Sold by
M I Homes Of Sarasota Llc
Bought by
Scharett Rachael Danielle
Seller's Agent
Michael Stephens
FLORIWEST REALTY GROUP, LLC
Buyer's Agent
Kristie DeSantis
FINE PROPERTIES
List Price
$334,990
Sold Price
$332,990
Premium/Discount to List
-$2,000
-0.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.19%
Original Mortgage
$332,990
Interest Rate
4%
Mortgage Type
VA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $455,000 Flagship Title
Warranty Deed $332,990 Mi Title Agency Ltd Lc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $420,000 New Conventional
Previous Owner $332,990 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2021 07/28/21 Sold $455,000 +1.1% $256 / Sq Ft
06/20/2021 06/20/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $450,000 +35.1% $254 / Sq Ft
06/28/2019 06/28/19 Sold $332,990 -0.6% $189 / Sq Ft
05/14/2019 05/14/19 For Sale $334,990 0.0% $190 / Sq Ft
03/30/2019 03/30/19 Pending -- -- --
03/18/2019 03/18/19 Price Changed $334,990 -1.5% $190 / Sq Ft
02/19/2019 02/19/19 Price Changed $339,990 -0.9% $193 / Sq Ft
02/18/2019 02/18/19 Price Changed $342,990 -2.9% $195 / Sq Ft
02/18/2019 02/18/19 For Sale $353,245 -- $201 / 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 $4,789 $403,700 $120,500 $283,200
2023 $4,789 $400,979 $0 $0
2022 $4,634 $389,300 $99,900 $289,400
2021 $3,057 $254,717 $0 $0
2020 $3,035 $251,200 $66,600 $184,600
2019 $745 $58,100 $58,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: R4901504

Stellar MLS

APN: 0208-11-0055