NOT LISTED FOR SALE

8514 Frangipani Terrace Sarasota, FL 34240

Estimated Value: $569,000 - $630,000

3 Beds
2 Baths
1,859 Sq Ft
$321/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $616,499 $332 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,466/month

Highlights

  • New Construction
  • Den
  • 2 Car Attached Garage
  • Tatum Ridge Elementary School Rated A-
  • Formal Dining Room
  • Walk-In Closet

About This Home

As of October 2023

This home is located at 8514 Frangipani Terrace, Sarasota, FL 34240 since 31 October 2023 and is currently estimated at $597,494, approximately $321 per square foot. This property was built in 2023. 8514 Frangipani Terrace is a home located in Sarasota County with nearby schools including Tatum Ridge Elementary School, McIntosh Middle School, and Booker High School.

Last Agent to Sell the Property

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE Listed on: 10/31/2023

STELLAR NON-MEMBER OFFICE

Last Buyer's Agent

Veronica Lee

FINE PROPERTIES License #3572135

FINE PROPERTIES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $722

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 6,179 Sq Ft Lot
  • Irrigation
  • Property is zoned VPD

HOA Fees

  • $265 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,859 Sq Ft Home
  • Sliding Doors
  • Formal Dining Room
  • Den
  • Inside Utility
  • Laundry Room

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

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

Utilities

  • Central Air
  • Humidity Control
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Castle Group Association
  • Lakewood Ranchv,Jnh Association
  • Lakewood Tract A Unit 1 Community
  • Windward Communites Waterside Subdivision

Listing and Financial Details

  • Tax Lot 113
  • Assessor Parcel Number 0208090113
  • $1,743 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$722

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$265 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 1859
  • Lot Size Acres: 0.14
  • New Construction: Yes
  • Year Built: 2023
  • Building Area Total: 2298
  • Lot Size Sq Ft: 6179
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Appraiser
  • RATIO Current Price By Calculate: 331.63
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: NewHome

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 2
  • Interior Amenities: Walk-In Closet(s)
  • Appliances Included: Dishwasher, Electric Water Heater, Exhaust Fan, Gas Water Heater, Ice Maker, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • ResoLivingAreaSource: Appraiser
  • Additional Rooms: Den/Library/Office,Formal Dining Room Separate,Inside Utility
  • Living Area Meters: 172.71

Exterior Features

  • Exterior Features: Irrigation System, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 11/04/2016

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Natural Gas Connected, Phone Available
  • Cooling: Central Air, Humidity Control
  • Heating: Natural Gas
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Fee: 265
  • Association Fee Frequency: Monthly
  • Association Name: Castle Group
  • Association: Yes
  • Senior Community: No
  • Association: Lakewood Ranchv,jnh
  • Association 2 YN: 1
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 3180.00
  • Total Monthly Fees: 265.00
  • Monthly HOA Amount: 265.00

Lot Info

  • Zoning: VPD
  • Parcel Number: 0208090113
  • Additional Parcels: No
  • Flood Zone Code: x

Tax Info

  • Tax Annual Amount: 721.77
  • Tax Book Number: 54-301-324
  • Tax Lot: 113
  • Tax Other Annual Assessment Amount: 1743

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2023
Closed on
Oct 27, 2023
Sold by
Neal Communities/Sw Fl Llc
Bought by
Lee Junghyun and Lee Juliana Su
Seller's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
Buyer's Agent
Veronica Lee
FINE PROPERTIES
List Price
$616,499
Sold Price
$616,499
Current Estimated Value
$597,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,005
Avg. Annual Appreciation
-1.55%
Original Mortgage
$554,849
Outstanding Balance
$544,581
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$52,913
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lee Junghyun $616,499 Allegiant Title Professionals
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Junghyun $554,849
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2023 10/31/23 Sold $616,499 0.0% $332 / Sq Ft
10/31/2023 10/31/23 For Sale $616,499 -- $332 / Sq Ft
06/26/2023 06/26/23 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 $890 $476,600 $87,900 $388,700
2023 $890 $82,500 $82,500 $0
2022 $722 $59,300 $59,300 $0
2021 $1,024 $82,200 $82,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: J968248

Stellar MLS

APN: 0208-09-0113

Florida Sarasota County Sarasota 34240

8514 Frangipani Terrace, Sarasota, FL

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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