by RH Advisors

Check Availability
$759,000
↓ $146K (16.1%)
House - For Sale

2341 Pine TERRACE

SARASOTA, FL 34231
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1306 Sqft
$3,916
Estimated Monthly
5.63%
Cap Rate

About This Property

BUILDER/DEVELOPER ALERT - DOUBLE LOT on Pine Terrace! Flood zone X and zoned RSF2/RESIDENTIAL, SINGLE FAMILY(3.5 UNITS/ACRE).   Short distance from Sarasota Memorial Hospital and Arlington Park, shopping and restaurants and just minutes from Downtown, the #1 beach of the entire USA at Siesta Key with its powdery sand, and all the rest of Sarasota's best offerings! A short walk from all 3 of our top IB/Magnet schools in Sarasota. Located in an up and coming neighborhood with many new construction homes plus also in a high end community along Phillipi Creek, all with NO HOA and on a DEAD END STREET - this property's VALUE IS IN THE LAND. Build your dream home here on a third of an acre in the middle of town OR maximize your investment with the potential to demolish home, and split the parcel back to its originally platting - Lots 17 + 19. This would create TWO LOTS in excess of 7,100 square feet EACH & the opportunity to build TWO NEW HOMES. Call now!
Unit Size
1,306Ft²
Days on Market
180 days
Land Size
0.33 acres
Price per sqft
$581
Property Type
House
Property Taxes
$189
HOA Dues
-
Year Built
1983

Listed By

Last updated: 3 months ago (Stellar MLS #A4591032)

Price History

Date / Event Date Event Price
Mar 12, 2024 Price Decreased $759,000
↓ $146K (16.1%)
Price Decreased
Dec 4, 2023 Listed by Exit King Realty $905,000
Listed by Exit King Realty
BUILDER/DEVELOPER ALERT - DOUBLE LOT on Pine Terrace! Flood zone X and zoned RSF2/RESIDENTIAL, SINGLE FAMILY(3.5 UNITS/ACRE). Short distance from Sarasota Memorial Hospital and Arlington Park, shopping and restaurants and just minutes from Downtown, the #1 beach of the entire USA at Siesta Key with its powdery sand, and all the rest of Sarasota's best offerings! A short walk from all 3 of our top IB/Magnet schools in Sarasota. Located in an up and coming neighborhood with many new…
May 31, 2002 Sold to Carmen M Richter $110,000
Sold to Carmen M Richter
Dec 9, 1993 Sold to Anja Richter $102,500
Sold to Anja Richter

Property Highlights

Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details

Bathroom Information

Full Bathrooms: 2

Interior Information

Interior Features: Ceiling Fans(s), Eating Space In Kitchen, Split Bedroom, Walk-In Closet(s)
Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
Flooring Type: Carpet, Ceramic Tile
Laundry Features: Laundry Room

Room Information

Rooms: 8

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Square Area: 500
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,220
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,806
  • Gross Building Area: 2,006
  • Building Area: 1,306
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,306
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: RIDGEWOOD
  • Land Acres: 0.326
  • Legal Description 1: LOTS 17 & 19 BLK K RIDGEWOOD

Ownership

  • Current Owner : RICHTER CARMEN M
  • Previous Owner : RICHTER ANJA V
  • Previous Owner 2: RICHTER JEAN C
  • Owner Before Previous Owner: DESARIO NICOLE M
  • Owner Before Previous Owner 2: HERVEY NICOLE M
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: A055 F052 G054
  • Census Tract: 001804

Zoning

  • Zoning: RSF2

Geography

  • Assessors Map Reference: 29-5
  • Account Number: 0075030021
  • Subdivision Tract Number: 354
  • Parcel: 0075-03-0021
  • Block: K
  • Lot: 17,19
  • Meridian: SEC 05 TWN 37S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2899
  • Longitude: -82.523

    Address

  • Full Address: 2341 Pine Ter
  • Address - House Number: 2341
  • Address - Street Name: Pine
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C050
  • 4-Digit Zip Code: 4433
  • Zip Code: 34231

Valuation

    Tax

  • Total Area: 2,034
  • Tax Year: 2023
  • Tax Amount: $5,118
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.1931
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 93
  • Final Value: 891,955
  • High Value: 965,492
  • Low Value: 818,417

    Market Valuation

  • Market Total Value: $383,200
  • Market Land Value: $250,000
  • Market Improvement Value: $133,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $383,200
  • Assessed Land Value: $250,000
  • Assessed Improvements Value: $133,200

    Sales

  • Current Sale Contract Date: May 28, 2002
  • Current Sale Recording Date: May 31, 2002
  • Current Sale Transaction ID: 1071136654
  • Current Sale Price: $110,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2002087799
  • Previous Sale Recording Date: Dec 09, 1993
  • Previous Sale Contract Date: Dec 07, 1993
  • Previous Sale Amount: $102,500
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: OPTION ONE MTG CORP
  • First Mortgage Transaction Date: May 31, 2002
  • First Mortgage Loan Amount: $71,500

    Financing

  • First Mortgage Financing Type: unknown

    Previous Mortgages

  • Previous Mortgage Lender: 1ST UNION NATL BK FL
  • Previous Mortgage Transaction Date: Dec 09, 1993
  • Previous Mortgage Financing Type: unknown
  • Previous Mortgage Loan Amount: $92,200

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
2,401 ft²
$333/ft²
$800,000 Apr 28, 2023
$800,000 Aug 22, 2023
$458/mo
Land
Loft
-
-
$780,000 Jan 6, 2023
$780,000 Sep 19, 2023
$587/mo
House
3 Beds
2 Baths
1,702 ft²
$441/ft²
$750,000 Oct 13, 2023
-
$143/mo
Condo
3 Beds
3 Baths
1,395 ft²
$639/ft²
$890,825 Mar 15, 2023
-
-
Condo
3 Beds
3 Baths
1,400 ft²
$639/ft²
$894,000 Mar 15, 2023
-
-
Condo
2 Beds
3 Baths
1,334 ft²
$651/ft²
$868,250 Apr 11, 2023
-
-
Condo
2 Beds
3 Baths
1,325 ft²
$733/ft²
$970,625 Mar 15, 2023
-
-
Condo
2 Beds
3 Baths
1,333 ft²
$729/ft²
$971,425 Mar 15, 2023
-
-
Condo
2 Beds
3 Baths
1,331 ft²
$736/ft²
$979,975 Mar 15, 2023
-
-
Condo
2 Beds
3 Baths
1,334 ft²
$755/ft²
$1,007,150 Mar 15, 2023
-
-
Condo
2 Beds
3 Baths
1,334 ft²
$755/ft²
$1,007,150 Mar 15, 2023
-
-
Condo
2 Beds
3 Baths
1,334 ft²
$755/ft²
$1,007,150 Mar 15, 2023
-
-

About Ridgewood


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Frequently Asked Questions

When was property at 2341 Pine Terrace built and last sold?
The property at 2341 Pine Terrace was built in 1983 and last sold on May 28, 2002 for $110,000.
How much is this home worth?
The estimated value of the home located at 2341 Pine Terrace is $757,727.
What are some comparable homes to 2341 Pine Terrace?
Homes that are comparable to 2341 Pine Terrace include a house property at 4452 Lords Drive, a condo property at 2170 Robinhood Street, a house property at 2514 Marlette Street.

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