NOT LISTED FOR SALE

8536 Cache Dr Sarasota, FL 34240

East Sarasota Neighborhood

Estimated Value: $371,000 - $398,000

3 Beds
2 Baths
1,619 Sq Ft
$234/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $245,990 $152 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,330/month

28 Days on Market

Highlights

  • Water Views
  • Built in 2018 | Newly Remodeled
  • Solid Surface Countertops
  • Tatum Ridge Elementary School Rated A-
  • Great Room
  • Recreation Facilities

About This Home

As of June 2019

Under Construction: The Pearl is a new villa under construction that features 1,619 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

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 4,371 Sq Ft Lot
  • East Facing Home

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

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

Interior Spaces

  • 1,619 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Den
  • Inside Utility
  • Laundry Room
  • Water Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Hurricane or Storm Shutters
  • In Wall Pest System

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

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
  • Hidden Creek Subdivision, Pearl Floorplan
  • Association Owns Recreation Facilities
  • The community has rules related to building or community restrictions
  • Rental Restrictions

Recreation

  • Recreation Facilities
  • Community Playground

Home Details

Home Type

Single Family

Year Built

Built in 2018 | Newly Remodeled

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: 1619
  • Lot Size Acres: 0.1
  • New Construction: Yes
  • Year Built: 2018
  • Building Area Total: 2116
  • Lot Size Sq Ft: 4371
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=R4901552&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=R4901552&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: 151.94
  • Close to Original List Price Ratio: 0.98998
  • Ratio: Current Price\Building Area Total: 116.25
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Tax Year: 2018
  • Special Features: NewHome

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, Split Bedroom, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Microwave, Range
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • 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
  • View: Water
  • 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, Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Public, Sewer Connected, Sprinkler Recycled, Underground Utilities, Water Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: 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 Amenities: Playground, Recreation Facilities
  • Association Fee: 110.33
  • Association Fee Frequency: Monthly
  • Association Name: PINNACLE
  • Phone: 941-444-70901
  • 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: 8536 CACHE DRIVE
  • Additional Parcels: No
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: M/I Homes of Sarasota

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 1-2 Years
  • Pet Restrictions: Domestic Pets Only
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See NHC for details

Tax Info

  • Tax Lot: 80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2019
Closed on
May 30, 2019
Sold by
M I Homes Of Sarasota Llc
Bought by
Lengyel Kathleen M
Seller's Agent
Michael Stephens
FLORIWEST REALTY GROUP, LLC
Buyer's Agent
Michael Stephens
FLORIWEST REALTY GROUP, LLC
List Price
$248,480
Sold Price
$245,990
Premium/Discount to List
-$2,490
-1%
Current Estimated Value
$381,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,437
Avg. Annual Appreciation
6.85%
Original Mortgage
$196,792
Outstanding Balance
$171,945
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$207,428
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
Lengyel Kathleen M $246,000 Mi Title Agency Ltd Lc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lengyel Kathleen M $196,792
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2019 06/28/19 Sold $245,990 -1.0% $152 / Sq Ft
03/28/2019 03/28/19 Pending -- -- --
02/28/2019 02/28/19 For Sale $248,480 -- $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
2025 $2,717 $228,487 -- --
2024 $2,590 $222,048 -- --
2023 $2,590 $215,581 $0 $0
2022 $2,485 $209,302 $0 $0
2021 $2,458 $203,206 $0 $0
2020 $2,454 $200,400 $44,800 $155,600
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

    (941) 225-2111

    Michael Stephens
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Map

Source: Stellar MLS

MLS Number: R4901552

Stellar MLS

APN: 0208-11-0080

Florida Sarasota County Sarasota 34240 East Sarasota

8536 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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