NOT LISTED FOR SALE

8516 Cache Dr Sarasota, FL 34240

Estimated Value: $357,341 - $412,000

3 Beds
2 Baths
1,474 Sq Ft
$265/Sq Ft Est. Value

Last Sold September 16, 2019

Last sale price $246,990 $168 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,474/month

136 Days on Market

Highlights

  • Under Construction
  • Great Room
  • Den
  • Tatum Ridge Elementary School Rated A-
  • Solid Surface Countertops
  • Hurricane or Storm Shutters

About This Home

As of September 2019

Under Construction: The Opal is a new villa under construction that features over1,400 square feet of living space. A Master Suite and master bath sits at the rear of the home allowing the perfect area to get away and relax. Two additional bedrooms with a full bathroom in between. This is a great space for perhaps a home office and space for guests. The kitchen and dining is open to the great room which allows for family gatherings and entertaining. Stainless steel appliances and a spacious island with extra seating will also allow for extra seating for casual dining. This villa was designed to allow for plenty of storage space. Not only in the laundry room but the two car garage as well. The covered lanai to the rear of the home and just off the great room is the perfect amount of space to grill and enjoy the Florida weather. **The Villa Homes in Hidden Creek are designated as Affordable Housing and all purchasers must adhere to the Sarasota County Affordable Housing Maximum Income requirements, please call for details**Pictures 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: 02/28/2019

Last Buyer's Agent

Michael Stephens

FLORIWEST REALTY GROUP, LLC License #3241857 Listed on: 02/28/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,436

Year Built

  • Built in 2018 | Under Construction

Lot Details

  • 4,371 Sq Ft Lot
  • East Facing Home
  • Landscaped with Trees

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,474 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Den
  • Inside Utility
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • 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
  • Private Sewer
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Reclaimed Water Irrigation System
  • Rear Porch

Listing and Financial Details

Community Details

Overview

  • Association fees include maintenance structure, pest control, recreational facilities
  • Pinnacle Association, Phone Number (941) 444-7090
  • Built by M/I Homes of Sarasota, LLC
  • Hidden Creek Subdivision, Opal Floorplan
  • Association Owns Recreation Facilities
  • The community has rules related to building or community restrictions
  • Rental Restrictions

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,436

Year Built

Built in 2018 | Under Construction

Lot Details

0

HOA Fees

$110 per month

Parking

2

Listing Details

  • HOA Fee Includes: Maintenance Structure, Pest Control, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Under Construction
  • Property Sub Type: Villa
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1474
  • Lot Size Acres: 0.1
  • New Construction: Yes
  • Year Built: 2018
  • Lot Size Sq Ft: 4371
  • 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=R4901551&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=R4901551&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: 2019-03-29T04:00:00.000Z
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 167.56
  • Close to Original List Price Ratio: 1.00615
  • 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, Master Bedroom Main Floor, Solid Surface Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Electric Water Heater, Microwave
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 8516
  • Room Count: 7
  • Additional Rooms: Den/Library/Office, Great Room, Inside Utility
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: East
  • Exterior Features: Hurricane Shutters, Irrigation System, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Rear Porch
  • 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
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Irrigation-Reclaimed Water, Playground, Special Community Restrictions
  • Association Fee: 110.33
  • 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: 1323.96
  • Monthly HOA Fee: 110.33
  • Total Monthly Fees: 110.33

Schools

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

Lot Info

  • Parcel Number: 8516 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
  • Pet Restrictions: Domestic
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See NHC for details

Tax Info

  • Tax Lot: 85

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2019
Closed on
Sep 16, 2019
Sold by
Mi Homes Of Sarasota Llc
Bought by
Weeks Curtis E and Weeks Elizabeth V
Seller's Agent
Michael Stephens
FLORIWEST REALTY GROUP, LLC
Buyer's Agent
Michael Stephens
FLORIWEST REALTY GROUP, LLC
List Price
$239,990
Sold Price
$246,990
Premium/Discount to List
$7,000
2.92%
Total Days on Market
136
Current Estimated Value
$396,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,641
Avg. Annual Appreciation
8.03%
Original Mortgage
$149,562
Interest Rate
4.4%
Mortgage Type
FHA
Source: Public Records

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 Buyer Sale Price Title Company
Weeks Curtis E $247,000 M I Title Agency Ltd Lc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weeks Curtis E $50,000
Open Weeks Curtis E $147,661
Closed Weeks Curtis E $149,562
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2019 09/16/19 Sold $246,990 0.0% $168 / Sq Ft
07/14/2019 07/14/19 Pending -- -- --
07/02/2019 07/02/19 Price Changed $246,990 +2.9% $168 / Sq Ft
07/02/2019 07/02/19 For Sale $239,990 0.0% $163 / Sq Ft
04/07/2019 04/07/19 Pending -- -- --
04/01/2019 04/01/19 Price Changed $239,990 -2.2% $163 / Sq Ft
02/28/2019 02/28/19 For Sale $245,480 -- $167 / 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 $2,436 $209,972 -- --
2023 $2,436 $203,856 $0 $0
2022 $2,336 $197,918 $0 $0
2021 $2,312 $192,153 $0 $0
2020 $2,307 $189,500 $44,800 $144,700
2019 $579 $44,700 $44,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Stephens

    Seller's Agent in 2019

    Michael Stephens

    FLORIWEST REALTY GROUP, LLC

    (407) 436-6109

    39 Total Sales

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Map

Source: Stellar MLS

MLS Number: R4901551

Stellar MLS

APN: 0208-11-0085

Florida Sarasota County Sarasota 34240

8516 Cache Dr, Sarasota, FL

This home is located at 8516 Cache Dr, Sarasota, FL 34240 since 28 February 2019 and is currently estimated at $390,085, approximately $264 per square foot. This property was built in 2018. 8516 Cache Dr 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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