NOT LISTED FOR SALE

8517 Cache Dr Sarasota, FL 34240

East Sarasota Neighborhood

Estimated Value: $575,000 - $741,000

4 Beds
2 Baths
2,136 Sq Ft
$291/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $357,660 $167 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,593/month

122 Days on Market

Highlights

  • 40 Feet of Waterfront
  • New Construction
  • Pond View
  • Tatum Ridge Elementary School Rated A-
  • Home fronts a pond
  • Solid Surface Countertops

About This Home

As of January 2020

A contemporary queen, the Braden reflects quiet elegance and modern design. This elevation style Braden includes one-story, 4 bedrooms, 2 full bathrooms, and an open concept kitchen/great room area with additional flex space. When you enter the Braden, you walk pass by a large flex space as well as lots of windows bringing that natural Florida light into your home. A spacious and elegant kitchen area awaits with a large island for extra prep space. In the Braden, three additional bedrooms sit in their own wing of the house. The master suite is a tranquil oasis. A spacious walk-in closet, master bath with double sinks, and an enclosed shower awaits you. The flex space operates as a bonus area. Turn it into a cozy den for a quiet home office or bump up the energy in the room by making it a playroom. The Braden is perfect for those who need space, flexible living arrangements, and an elegant design. *Pictures are not of actual home and are just a representation of the floorplan.

Last Agent to Sell the Property

Michael Stephens

FLORIWEST REALTY GROUP, LLC License #3241857 Listed on: 09/05/2019

Last Buyer's Agent

Michael Stephens

FLORIWEST REALTY GROUP, LLC License #3241857 Listed on: 09/05/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $500

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 5,967 Sq Ft Lot
  • Home fronts a pond
  • 40 Feet of Waterfront
  • East Facing Home
  • Landscaped with Trees
  • Property is zoned VPD

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

  • 2,136 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Den
  • Inside Utility
  • Laundry Room
  • Pond Views

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Home Security

  • Hurricane or Storm Shutters
  • In Wall Pest System

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • Exterior Lighting
  • Rear Porch

Schools

  • Tatum Ridge Elementary School
  • Mcintosh Middle School
  • Sarasota 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

  • Pinnacle Community Association, Phone Number (941) 702-0282
  • Built by M/I Homes of Sarasota, LLC
  • Hidden Creek Subdivision, Braden A Floorplan
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Recreation Facilities
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$500

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$74 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2136
  • Lot Size Acres: 0.13
  • New Construction: Yes
  • Year Built: 2019
  • Lot Size Sq Ft: 5967
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/R4902182?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/R4902182?w=Customer
  • Homestead Y N: No
  • 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: 2019-11-30T05:00:00.000Z
  • Ratio: Close Price\List Price: 0.99353
  • Price per Sq Ft: 167.44
  • Close to Original List Price Ratio: 0.92652
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, 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, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Microwave
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Stories: 1
  • Room Count: 7
  • Additional Rooms: Den/Library/Office, Family Room, Inside Utility
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: East
  • Exterior Features: Hurricane Shutters, Irrigation System, Lighting, Sidewalk, Sliding Doors
  • 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: 40
  • Water Frontage Feet Pond: 40

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, Underground Utilities, Water Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Irrigation-Reclaimed Water, Park, Playground
  • Association Amenities: Playground, Recreation Facilities
  • Association Fee: 222.86
  • Association Fee Frequency: Quarterly
  • Association Name: PINNACLE COMMUNITY ASSOCIATION
  • Phone: 941-702-0282
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 891.44
  • Monthly HOA Fee: 74.29
  • Total Monthly Fees: 74.29

Schools

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

Lot Info

  • Zoning: VPD
  • Parcel Number: 8517 CACHE
  • 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: Yes
  • Additional Lease Restrictions: See NHC for details

Tax Info

  • Tax Annual Amount: 500
  • Tax Lot: 59

Multi Family

  • Waterfront Features: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2019
Closed on
Jan 31, 2020
Sold by
M I Homes Of Sarasota Llc
Bought by
Anselmo Kevin and Anselmo Nicole D
Seller's Agent
Michael Stephens
FLORIWEST REALTY GROUP, LLC
Buyer's Agent
Michael Stephens
FLORIWEST REALTY GROUP, LLC
List Price
$386,025
Sold Price
$357,660
Premium/Discount to List
-$28,365
-7.35%
Current Estimated Value
$597,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,818
Avg. Annual Appreciation
9.72%
Original Mortgage
$286,128
Outstanding Balance
$252,218
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$368,826
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Anselmo Kevin $357,660 M I Title Agency Ltd L C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anselmo Kevin $286,128
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $357,660 -0.6% $167 / Sq Ft
01/05/2020 01/05/20 Pending -- -- --
11/22/2019 11/22/19 Price Changed $359,990 -0.8% $169 / Sq Ft
11/08/2019 11/08/19 Price Changed $362,990 -0.5% $170 / Sq Ft
11/05/2019 11/05/19 Price Changed $364,990 -0.8% $171 / Sq Ft
11/04/2019 11/04/19 Price Changed $367,990 -0.3% $172 / Sq Ft
10/08/2019 10/08/19 Price Changed $368,990 -0.3% $173 / Sq Ft
09/12/2019 09/12/19 Price Changed $369,990 -0.5% $173 / Sq Ft
09/09/2019 09/09/19 Price Changed $371,990 -3.6% $174 / Sq Ft
09/05/2019 09/05/19 For Sale $386,025 -- $181 / 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
2025 $4,740 $402,530 -- --
2024 $4,564 $391,186 -- --
2023 $4,564 $379,792 $0 $0
2022 $4,422 $368,730 $0 $0
2021 $3,806 $311,000 $96,400 $214,600
2020 $3,637 $275,400 $74,200 $201,200
2019 $828 $64,800 $64,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Stephens

    Seller's Agent in 2020

    Michael Stephens

    FLORIWEST REALTY GROUP, LLC

    (941) 225-2111

    Michael Stephens
    Section Image
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Map

Source: Stellar MLS

MLS Number: R4902182

Stellar MLS

APN: 0208-11-0059

Florida Sarasota County Sarasota 34240 East Sarasota

8517 Cache Dr, Sarasota, FL

Not Listed for Sale

Detached

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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