NOT LISTED FOR SALE

8540 Cache Dr Sarasota, FL 34240

East Sarasota Neighborhood

Estimated Value: $360,444 - $385,000

3 Beds
2 Baths
1,619 Sq Ft
$233/Sq Ft Est. Value

Last Sold August 27, 2019

Last sale price $246,000 $152 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,284/month

19 Days on Market

Highlights

  • Built in 2018 | Newly Remodeled
  • Solid Surface Countertops
  • Hurricane or Storm Shutters
  • Tatum Ridge Elementary School Rated A-
  • Family Room Off Kitchen
  • 2 Car Attached Garage

About This Home

As of August 2019

The Pearl is a new villa that features 1,619 square feet of living space. Enter into your large foyer with the beautiful kitchen and dining space that opens 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. with A Master Suite featuring a spacious bathroom sits at the rear of the home, off of the great room allowing the perfect area to get away and relax. Towards the front of the home, two additional bedrooms with a full bathroom in between have ample space for perhaps a home office and or guests. 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: 06/28/2019

Last Buyer's Agent

Steve Dipsiner

FINE PROPERTIES License #3166670

FINE PROPERTIES

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 4,371 Sq Ft Lot
  • South Facing Home
  • Irrigation

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

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

Interior Spaces

  • 1,619 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Range
  • 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
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include maintenance structure, recreational facilities
  • Hidden Creek Of Sarasota Hoa/ Heather Hamilton Association, Phone Number (941) 444-7090
  • Built by M/I Homes of Sarasota, LLC
  • Hidden Creek Subdivision, Pearl Floorplan
  • The community has rules related to deed restrictions

Listing and Financial Details

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, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Villa
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1619
  • Lot Size Acres: 0.1
  • New Construction: Yes
  • Year Built: 2018
  • Lot Size Sq Ft: 4371
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/R4901917?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/R4901917?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: Yes
  • Projected Completion Date: 2019-06-28T04:00:00.000Z
  • Ratio: Close Price\List Price: 0.984
  • Price per Sq Ft: 151.95
  • Close to Original List Price Ratio: 0.97222
  • 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, Living Room/Dining Room Combo, Master Bedroom Main Floor, Solid Surface Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Room Count: 7
  • Additional Rooms: Family Room, Inside Utility
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: South
  • Exterior Features: Hurricane Shutters, Irrigation System, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • 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
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Public, Sewer Connected, Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Sidewalk
  • Association Fee: 110
  • Association Fee Frequency: Monthly
  • Association Name: Hidden Creek of Sarasota HOA/ Heather Hamilton
  • Phone: 941-444-7090
  • Association: Yes
  • Senior Community: No
  • Association Email: heather@pinnaclecam.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 1320
  • Monthly HOA Fee: 110
  • Total Monthly Fees: 110

Schools

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

Lot Info

  • Parcel Number: 8540CACHEDRIVE
  • 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: No

Tax Info

  • Tax Lot: 79

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2019
Closed on
Aug 27, 2019
Sold by
Ma Homes Of Sarasota Llc
Bought by
Conrad Donald Eugene and Conrad Margaret Louise
Seller's Agent
Michael Stephens
FLORIWEST REALTY GROUP, LLC
Buyer's Agent
Steve Dipsiner
FINE PROPERTIES
List Price
$253,030
Sold Price
$246,000
Premium/Discount to List
-$7,030
-2.78%
Current Estimated Value
$376,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,611
Avg. Annual Appreciation
6.93%
Original Mortgage
$254,118
Outstanding Balance
$221,592
Interest Rate
3.7%
Mortgage Type
VA
Estimated Equity
$155,019
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Conrad Donald Eugene $246,000 M I Title Agency Ltd L C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conrad Donald Eugene $254,118
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2019 08/27/19 Sold $246,000 -1.6% $152 / Sq Ft
07/17/2019 07/17/19 Pending -- -- --
06/28/2019 06/28/19 Price Changed $250,000 -1.2% $154 / Sq Ft
06/28/2019 06/28/19 For Sale $253,030 -- $156 / 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 $2,456 $203,809 -- --
2024 $2,334 $198,065 -- --
2023 $2,334 $192,296 $0 $0
2022 $2,231 $186,695 $0 $0
2021 $2,201 $181,257 $0 $0
2020 $2,194 $178,754 $0 $0
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
    Section Image
  • Steve Dipsiner

    Buyer's Agent in 2019

    Steve Dipsiner

    FINE PROPERTIES

    (941) 779-8500

    1 in this area

    8 Total Sales

    Steve Dipsiner
    Section Image
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Map

Source: Stellar MLS

MLS Number: R4901917

Stellar MLS

APN: 0208-11-0079

Florida Sarasota County Sarasota 34240 East Sarasota

8540 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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