NOT LISTED FOR SALE

8557 Cache Dr Sarasota, FL 34240

East Sarasota Neighborhood

Estimated Value: $585,000 - $815,000

3 Beds
3 Baths
2,195 Sq Ft
$296/Sq Ft Est. Value

Last Sold September 24, 2020

Last sale price $394,795 $180 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,868/month

105 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Under Construction
  • Pond View
  • Tatum Ridge Elementary School Rated A-
  • Home fronts a pond
  • Great Room

About This Home

As of September 2020

The Calusa by M/I Homes is a classic beauty built for the modern-day and those who need both space and function. This West Indies style Calusa comes with 3 bedrooms, 3 full bathrooms, a den, a 2-car garage, and an open concept floor plan. Stepping into this light filled space, the open concept kitchen is a highlight. A large center island with a double sink offers extra prep areas, and upgraded counters topped off by stainless steel appliances highlight elegant cabinetry. An intimate breakfast nook sits to the side for informal, every day dining. Standing in your large kitchen, you can look out into the family room and the lanai. Enter the master suite, perfect for nighttime relaxation that blends into a large master bath with the option for both a tub and shower. A spacious walk-in closet gives you ample room for clothes, shoes, and accessories. Come visit the Calusa today, and let us help you move into your perfect home. See your future home **Pictures and virtual tours are for representational purposes only**

Last Agent to Sell the Property

Michael Stephens

FLORIWEST REALTY GROUP, LLC License #3241857 Listed on: 04/03/2020

Last Buyer's Agent

Tanner Frey

KELLER WILLIAMS ON THE WATER S License #3415616

KELLER WILLIAMS ON THE WATER S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $500

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 5,967 Sq Ft Lot
  • Home fronts a pond
  • 50 Feet of Waterfront
  • North 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

  • 2,195 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Inside Utility
  • Laundry Room
  • Pond Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 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

  • Association fees include maintenance structure
  • Pinnacle Comm Association Mgmt/Heather Hamilton Association, Phone Number (941) 444-7090
  • Visit Association Website
  • Built by M/I Homes of Sarasota, LLC
  • Hidden Creek Subdivision, Calusa A Floorplan
  • The community has rules related to building or community restrictions, deed restrictions
  • Rental Restrictions

Recreation

  • Recreation Facilities
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$500

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$74 per month

Parking

2

Listing Details

  • HOA Fee Includes: Maintenance Structure
  • Property Type: Residential
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2195
  • Lot Size Acres: 0.14
  • New Construction: Yes
  • Year Built: 2020
  • Building Area Total: 2883
  • Lot Size Sq Ft: 5967
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/R4903166?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/R4903166?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: 941-234-9223
  • Projected Completion Date: 2020-07-14T04:00:00.000Z
  • Ratio: Close Price\List Price: 0.99197
  • Price per Sq Ft: 179.86
  • Close to Original List Price Ratio: 0.99171
  • Ratio: Current Price\Building Area Total: 136.94
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Tax Year: 2019
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • 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: 3
  • Levels: One
  • Stories: 1
  • Room Count: 7
  • Additional Rooms: Great Room, Inside Utility
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: North
  • 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: 50
  • Water Frontage Feet Pond: 50
  • Disclosures: HOA/PUD/Condo Disclosure

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
  • Public Remarks Required: Under Construction.
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Irrigation-Reclaimed Water, Park, Playground, Sidewalk, Special Community Restrictions
  • Association Amenities: Park, Recreation Facilities
  • Association Fee: 222.86
  • Association Fee Frequency: Quarterly
  • Association Name: Pinnacle Comm Association Mgmt/Heather Hamilton
  • Phone: 941-444-7090
  • Association: Yes
  • Senior Community: No
  • Association Website: heather@pinnaclecam.com
  • Association Email: heather@pinnaclecam.com
  • 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: 8557CACHE
  • 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: 69

Multi Family

  • Waterfront Features: Pond

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2022
Sold by
Lane Rachel L and Lane Timothy Alan
Bought by
Lane Rachel L and Lane Timothy Alan
Current Estimated Value
$635,700

Purchase Details

Listed on
Apr 3, 2020
Closed on
Sep 24, 2020
Sold by
M I Homes Of Sarasota Llc
Bought by
Lane Rachel L and Lane Timothy Alan
Seller's Agent
Michael Stephens
FLORIWEST REALTY GROUP, LLC
Buyer's Agent
Tanner Frey
KELLER WILLIAMS ON THE WATER S
List Price
$398,095
Sold Price
$394,795
Premium/Discount to List
-$3,300
-0.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.84%
Original Mortgage
$418,351
Interest Rate
2.9%
Mortgage Type
New Conventional
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
Lane Rachel L $100 None Listed On Document
Lane Rachel L $394,795 M-I Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lane Rachel L $418,351
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2020 09/24/20 Sold $394,795 -0.8% $180 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
05/08/2020 05/08/20 Price Changed $397,990 +3.4% $181 / Sq Ft
04/14/2020 04/14/20 Price Changed $384,990 -1.3% $175 / Sq Ft
04/03/2020 04/03/20 Price Changed $389,990 -2.0% $178 / Sq Ft
04/03/2020 04/03/20 For Sale $398,095 -- $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 $6,034 $517,381 -- --
2024 $5,920 $502,800 $124,500 $378,300
2023 $5,920 $495,945 $0 $0
2022 $5,750 $481,500 $102,200 $379,300
2021 $4,861 $361,000 $96,400 $264,600
2020 $932 $74,200 $74,200 $0
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
  • Tanner Frey

    Buyer's Agent in 2020

    Tanner Frey

    KELLER WILLIAMS ON THE WATER S

    (941) 803-7522

    5 in this area

    51 Total Sales

    Tanner Frey
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: R4903166

Stellar MLS

APN: 0208-11-0069

Florida Sarasota County Sarasota 34240 East Sarasota

8557 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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