NOT LISTED FOR SALE

8537 Cache Dr Sarasota, FL 34240

Estimated Value: $704,000 - $1,264,000

4 Beds
3 Baths
3,071 Sq Ft
$288/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $700,000 $228 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,460/month

8 Days on Market

Highlights

  • Heated In Ground Pool
  • Pond View
  • Main Floor Primary Bedroom
  • Tatum Ridge Elementary School Rated A-
  • Open Floorplan
  • Loft

About This Home

As of August 2023

Under contract-accepting backup offers. Welcome to Hidden Creek! This quiet enclave community is in a GREAT LOCATION, has low HOA fees and NO CDD fees! It is nestled East of I-75 and located within a few minutes of shopping, dining, golf courses, local attractions, and just a short drive to some of Florida's most beautiful beaches.
This model reflects classic beauty built for the modern-day family and those who need both space and function. Boasting over 3,000 square feet, the home offers 4 bedrooms, 3 full bathrooms, a dining room, an extra large upstairs bonus room, a 2-car garage, a pool and a hot tub!!! The 4th bedroom is a highlight as it is located upstairs, which is perfect for guests or multi-generational families.
The floor plan is designed so that as you enter into the foyer of this home you are greeted with a den, perfect for an office or bonus room. Continue to walk through the foyer and the home opens to a beautiful, open-concept kitchen with a large island with tons of storage and great room which creates the perfect space for conversation and entertaining. It encourages you and your guests to eat, play and live where everyone can enjoy one another in a beautiful space that flows out onto the lanai where you can continue to relax in the the pool/ hot tub. The guest bedrooms are at the front end of the home away from the owner's suite offering plenty of privacy to all. The owner suite is perfect for nighttime relaxation and blends into a large owner's ensuite bathroom. A spacious walk-in closet gives you ample room for clothes, shoes, and accessories. Do not miss the opportunity to host a cookout at the community pavilion which has grills and a playground, as well.
Looking for a like new home that is minutes away from live entertainment, golf courses, shopping and restaurants at The Mall at University Town Center, Waterside Shoppes, and Lakewood Ranch Main Street. . . Come and see this home today.

Last Agent to Sell the Property

Marina Myers

FINE PROPERTIES Brokerage Email: info@sscfla.com License #3350606 Listed on: 06/21/2023

FINE PROPERTIES

Last Buyer's Agent

Kimberly Bailey

ONE WORLD REALTY OF SARASOTA License #0422666

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,177

Year Built

  • Built in 2019

Lot Details

  • 5,967 Sq Ft Lot
  • North Facing Home
  • Property is zoned VPD

HOA Fees

  • $91 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 3,071 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Loft
  • Pond Views
  • Hurricane or Storm Shutters

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Child Gate Fence

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat

Community Details

  • Steven Dehart Association, Phone Number (877) 221-6919
  • Visit Association Website
  • Built by M/I Homes
  • Hidden Crk Ph 1 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,177

Year Built

Built in 2019

Lot Details

0

HOA Fees

$91 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 3071
  • Lot Size Acres: 0.14
  • New Construction: No
  • Year Built: 2019
  • Building Area Total: 5967
  • Lot Size Sq Ft: 5967
  • Directions to Property: Fruitville Road east of I-75 left onton Laceleaf Blvd and left onto Cache dr. It will be on the left
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 593529570
  • Minimum Lease: 8-12 Months
  • RATIO Current Price By Calculate: 227.94
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Thermostat, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Dishwasher, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Street Number Modifier: 8537
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 285.31
  • Room Count: 8

Exterior Features

  • Direction Faces: North
  • Pool Features: Child Safety Fence, Heated, In Ground
  • Exterior Features: Hurricane Shutters, Sidewalk
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View: Pond
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0160F

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: None
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 91
  • Association Fee Frequency: Monthly
  • Association Name: Steven Dehart
  • Phone: 8772216919
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Association Email: sdehart@evergreen-lm.com
  • Association URL: www.evergreen-lm.com

Fee Information

  • Total Annual Fees: 1092.00
  • Total Monthly Fees: 91.00
  • Monthly HOA Amount: 91.00

Schools

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

Lot Info

  • Zoning: VPD
  • Parcel Number: 0208110064
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 554

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: M/I Homes

Rental Info

  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: No however copy of the executed lease agreement and a $200 refundable deposit must be supplied to the HOA prior to the start of the lease term. Lease term must be no less than 12 months and a home can’t be rented more than twice in a calendar year.

Tax Info

  • Tax Annual Amount: 5177
  • Tax Block: 1
  • Tax Book Number: 52-368-382
  • Tax Lot: 64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2023
Closed on
Aug 25, 2023
Sold by
Farmer Kenneth and Farmer Susan
Bought by
Ajib Riffat and Faour Haneen
Seller's Agent
Marina Myers
FINE PROPERTIES
Buyer's Agent
Kimberly Bailey
ONE WORLD REALTY OF SARASOTA
List Price
$730,000
Sold Price
$700,000
Premium/Discount to List
-$30,000
-4.11%
Views
65
Current Estimated Value
$883,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,869
Avg. Annual Appreciation
11.06%
Original Mortgage
$560,000
Outstanding Balance
$550,735
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$296,462

Purchase Details

Closed on
Dec 15, 2022
Sold by
Carelli Susan Elaine
Bought by
Farmer Susan and Farmer Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,900
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2019
Sold by
M I Homes Of Sarasota Llc
Bought by
Elaine Carrelli Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,464
Interest Rate
3.6%
Mortgage Type
FHA
Source: Public Records

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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
Ajib Riffat $700,000 None Listed On Document
Farmer Susan $100 --
Elaine Carrelli Susan $466,094 M I Title Agency Ltd L C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ajib Riffat $560,000
Previous Owner Farmer Susan $549,900
Previous Owner Carrelli Susan Elaine $7,320
Previous Owner Elaine Carrelli Susan $326,464
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $700,000 -4.1% $228 / Sq Ft
06/30/2023 06/30/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $730,000 0.0% $238 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/21/2023 06/21/23 For Sale $730,000 -- $238 / 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 $5,350 $586,600 $124,500 $462,100
2023 $5,350 $438,152 $0 $0
2022 $5,177 $425,390 $0 $0
2021 $5,116 $413,000 $96,400 $316,600
2020 $5,150 $372,700 $74,200 $298,500
2019 $828 $64,800 $64,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4573353

Stellar MLS

APN: 0208-11-0064