NOT LISTED FOR SALE

8518 Frangipani Terrace Sarasota, FL 34240

Estimated Value: $604,000 - $674,000

4 Beds
2.5 Baths
2,428 Sq Ft
$263/Sq Ft Est. Value

Last Sold June 18, 2024

Last sale price $639,000 $263 Per Sq Ft

Current estimated payment $3,693/month

67 Days on Market

Highlights

  • Fitness Center
  • New Construction
  • Open Floorplan
  • Tatum Ridge Elementary School Rated A-
  • Gated Community
  • Clubhouse

About This Home

As of June 2024

The Heritage is a 2-story, 4 bedroom, 2.5 bath single-family home featuring 2,428 sq.ft. of living space. The first floor holds a beautifully-equipped kitchen and over-sized walk-in pantry, offering plenty of space for culinary creativity. The oversized island and cafe area are the perfect setting to enjoy your meals or catch up with friends over coffee. The great room features pocket sliding doors, where you can enjoy the view of your lanai in or outdoors. The master bedroom is located on the first floor, with dual sink vanities, a walk-in closet and corner shower. Upstairs, there is a second bath, located between the second and third bedroom. Two of the bedrooms have walk-in closets, and all are anchored by a spacious loft that you can transform into an area reflecting your personal tastes. A 2-car garage and beautiful foyer complete the home.

Last Agent to Sell the Property

MaryAnn Koops

NEAL COMMUNITIES REALTY, INC. Brokerage Phone: 941-328-1111 License #437591 Listed on: 02/22/2024

Last Buyer's Agent

Jeremy Hartmark

LPT REALTY, LLC License #3394541

LPT REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $854

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 6,179 Sq Ft Lot
  • South Facing Home
  • Property is zoned VPD

HOA Fees

  • $274 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Dutch Provincial Architecture
  • Bi-Level Home
  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 2,428 Sq Ft Home
  • Open Floorplan
  • Coffered Ceiling
  • Tray Ceiling
  • Sliding Doors
  • Laundry Room

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Home Security

  • Smart Home
  • Fire and Smoke Detector

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Thermostat
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Visit Down Payment Resource Website
  • Tax Lot 114
  • Assessor Parcel Number 0208090114
  • $2,158 per year additional tax assessments

Community Details

Overview

  • Association fees include pool, maintenance structure, ground maintenance, pest control, recreational facilities
  • Castle Gropu/Gary Hamill Association, Phone Number (941) 278-8740
  • Built by Neal Communities
  • Windward At Lakewood Ranch Phase 1 Subdivision, Heritage Floorplan
  • On-Site Maintenance
  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$854

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$274 per month

Parking

2

Listing Details

  • HOA Fee Includes: Pool, Maintenance Structure, Maintenance Grounds, Pest Control, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Dutch Provincial, Traditional
  • Construction Materials: Block, Wood Frame
  • Fireplace: No
  • Living Area: 2428
  • Lot Size Acres: 0.14
  • New Construction: Yes
  • Year Built: 2024
  • Building Area Total: 3113
  • Lot Size Sq Ft: 6179
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Escrow State: FL
  • Minimum Lease: 6 Months
  • RATIO Current Price By Calculate: 263.18
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-328-1111
  • Tax Year: 2023
  • Special Features: NewHome

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Vinyl
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Coffered Ceiling(s), Open Floorplan, Primary Bedroom Main Floor, Smart Home, Solid Surface Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Gas Water Heater, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Yn: No
  • ResoLivingAreaSource: Builder
  • Living Area Meters: 225.57

Exterior Features

  • Direction Faces: South
  • Pool Features: Other
  • Exterior Features: Irrigation System, Lighting, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Tile
  • Home Warranty: Yes
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Sprinkler Recycled, Water Available
  • Cooling: Central Air, Zoned
  • Heating: Natural Gas
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Fitness Center, Golf Carts OK, Irrigation-Reclaimed Water, Playground, Pool, Sidewalks, Tennis Courts
  • Association Amenities: Clubhouse, Fitness Center, Gated, Maintenance, Pickleball Court(s), Playground, Pool, Recreation Facilities, Spa/Hot Tub, Tennis Court(s), Trail(s)
  • Association Fee: 822
  • Association Fee Frequency: Quarterly
  • Association Name: Castle Gropu/Gary Hamill
  • Phone: 941-278-8740
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Reasonable number of domestic pets
  • Association Fee Requirement: Required
  • Association Email: ghamill@castlegroup.c

Fee Information

  • Total Annual Fees: 3288.00
  • Total Monthly Fees: 274.00
  • Monthly HOA Amount: 274.00

Schools

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

Lot Info

  • Zoning: VPD
  • Parcel Number: 0208090114
  • Additional Parcels: No
  • Flood Zone Code: X

Building Info

  • Builder Name: Neal Communities

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Minimum 6 month lease

Tax Info

  • Tax Annual Amount: 854.24
  • Tax Book Number: 54/301-324
  • Tax Lot: 114
  • Tax Other Annual Assessment Amount: 2158

Multi Family

  • Approval Process: Per HOA rules and regulations

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Jun 18, 2024
Sold by
Neal Communities/Sw Fl Llc
Bought by
Fulda Christian Martin and Fulda Gina Schilleci
Seller's Agent
MaryAnn Koops
NEAL COMMUNITIES REALTY, INC.
Buyer's Agent
Jeremy Hartmark
LPT REALTY, LLC
List Price
$679,990
Sold Price
$639,000
Premium/Discount to List
-$40,990
-6.03%
Views
11
Current Estimated Value
$639,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95
Avg. Annual Appreciation
0.01%
Original Mortgage
$409,000
Outstanding Balance
$403,850
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$235,245
Source: Public Records

Range of Values:

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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
Fulda Christian Martin $639,000 Allegiant Title Professionals
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fulda Christian Martin $409,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2024 06/18/24 Sold $639,000 -6.0% $263 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $679,990 0.0% $280 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $679,990 -- $280 / 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 $890 $533,253 -- --
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

  • MaryAnn Koops

    Seller's Agent in 2024

    MaryAnn Koops

    NEAL COMMUNITIES REALTY, INC.

    (941) 504-6003

    179 Total Sales

    MaryAnn Koops
    Section Image
  • Jeremy Hartmark

    Buyer's Agent in 2024

    Jeremy Hartmark

    LPT REALTY, LLC

    (941) 807-0740

    142 Total Sales

    Jeremy Hartmark
    Section Image
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Map

Source: Stellar MLS

MLS Number: T3506653

Stellar MLS

APN: 0208-09-0114

Florida Sarasota County Sarasota 34240

8518 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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