NOT LISTED FOR SALE

8508 Cache Dr Sarasota, FL 34240

Estimated Value: $376,772 - $421,000

3 Beds
2 Baths
1,619 Sq Ft
$248/Sq Ft Est. Value

Last Sold August 29, 2019

Last sale price $249,990 $154 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,514/month

262 Days on Market

Highlights

  • Under Construction
  • Solid Surface Countertops
  • Hurricane or Storm Shutters
  • Tatum Ridge Elementary School Rated A-
  • Family Room Off Kitchen
  • 2 Car Attached Garage

About This Home

As of August 2019

Under Construction:Welcome to the Pearl. This villa’s floorplan includes three bedrooms, two bathrooms, and a two-car garage.
Enter straight in the front door and into the heart of the home. A cozy bedroom is tucked into the side.
A kitchen awaits with a large center island and beautiful cabinetry and countertop space, and a walk-in pantry provides extra storage.
Across the dining area sits a large great room. Sliding glass doors cover the back wall and open to the covered lanai. The master suite shares this wing of the house with an optional tray ceiling for a elegant feel. The bedroom leads into the bathroom with dual vanities, a walk-in shower, a separate water closet, and a spacious walk-in closet.Nestled in the back of the Pearl are a bedroom and a full bathroom. A utility room connects to the outside, creating a seamless transition between indoor and outdoor.
The Pearl is a luxurious villa designed to fit your lifestyle.
* The villa's in Hidden Creek are designated as Affordable Housing and all Purchasers must adhere to the Sarasota County Affordable Housing Maximum Income requirements** Photos shown are not actual photos but a representation of the home and plan.

Last Agent to Sell the Property

Michael Stephens

FLORIWEST REALTY GROUP, LLC License #3241857 Listed on: 10/25/2018

Last Buyer's Agent

Michael Stephens

FLORIWEST REALTY GROUP, LLC License #3241857 Listed on: 10/25/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,602

Year Built

  • Built in 2018 | Under Construction

Lot Details

  • 4,371 Sq Ft Lot
  • Irrigation

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Villa
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,619 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Home Security

  • Hurricane or Storm Shutters
  • In Wall Pest System

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

Community Details

  • Association fees include maintenance structure, recreational facilities
  • Hidden Creek Of Sarasota Hoa/ Heather Hamilton Association, Phone Number (941) 444-7090
  • Built by M/I Homes of Sarasota, LLC
  • Hidden Creek Subdivision, Pearl Floorplan
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,602

Year Built

Built in 2018 | Under Construction

Lot Details

0

HOA Fees

$110 per month

Parking

2

Listing Details

  • HOA Fee Includes: Maintenance Structure, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Under Construction
  • Property Sub Type: Villa
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1619
  • Lot Size Acres: 0.1
  • New Construction: Yes
  • Year Built: 2018
  • Lot Size Sq Ft: 4371
  • Directions to Property: East of I-75 on Fruitville Road. Approximately 4 miles down. Turn left onto Deer Run Drive
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=R4900874&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=R4900874&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: Yes
  • Projected Completion Date: 2019-03-31T04:00:00.000Z
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 154.41
  • Close to Original List Price Ratio: 1.00806
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Eating Space In Kitchen, In Wall Pest System, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Solid Surface Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 8508
  • Room Count: 7
  • Additional Rooms: Family Room, Inside Utility
  • ResoLivingAreaSource: Builder

Exterior Features

  • Exterior Features: Hurricane Shutters, Irrigation System, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • 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: Driveway
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Public, Sewer Connected, Underground Utilities
  • 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, Sidewalk
  • Association Fee: 110
  • Association Fee Frequency: Monthly
  • Association Name: Hidden Creek of Sarasota HOA/ Heather Hamilton
  • Phone: 941-444-7090
  • Association: Yes
  • Senior Community: No
  • Association Email: heather@pinnaclecam.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 1320
  • Monthly HOA Fee: 110
  • Total Monthly Fees: 110

Schools

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

Lot Info

  • Parcel Number: 8508 CACHE DRIVE
  • Additional Parcels: No
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: M/I Homes of Sarasota, LLC

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1-2 Years
  • Lease Restrictions Y N: No

Tax Info

  • Tax Lot: 87

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2018
Closed on
Aug 9, 2019
Sold by
M I Homes Of Sarasota Llc
Bought by
Felden Brooke and Schlabaugh Grant M
Seller's Agent
Michael Stephens
FLORIWEST REALTY GROUP, LLC
Buyer's Agent
Michael Stephens
FLORIWEST REALTY GROUP, LLC
List Price
$247,990
Sold Price
$249,990
Premium/Discount to List
$2,000
0.81%
Current Estimated Value
$401,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,436
Avg. Annual Appreciation
8.29%
Original Mortgage
$245,461
Outstanding Balance
$221,105
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$181,175
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
Felden Brooke $249,990 Mi Title Agency Ltd Lc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Felden Brooke $245,461
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2019 08/29/19 Sold $249,990 0.0% $154 / Sq Ft
07/12/2019 07/12/19 Pending -- -- --
05/24/2019 05/24/19 Price Changed $249,990 -0.8% $154 / Sq Ft
05/15/2019 05/15/19 Price Changed $251,990 +1.6% $156 / Sq Ft
10/23/2018 10/23/18 For Sale $247,990 -- $153 / 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 $2,602 $222,823 -- --
2023 $2,602 $216,333 $0 $0
2022 $2,495 $210,032 $0 $0
2021 $2,468 $203,915 $0 $0
2020 $2,464 $201,100 $44,800 $156,300
2019 $579 $44,700 $44,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: R4900874

Stellar MLS

APN: 0208-11-0087