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3500 Bay Shore Road

3500 Bay Shore Road, Sarasota, FL 34234
Property in Desoto Terrace
Sold Apr 18, 2019
$1,200,000
$1,000,000 by The 3500 Bay Shore Road Land T
Mortgage Due May 01, 2049
Sold Sep 15, 2015
$105,000
3500 Bay Shore Road in Sarasota, FL was first built in 2018 and is 6 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 3500 Bay Shore Road has 3,003 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 650 ft and the linear feet between the front and back of the lot is 1,090. In total, the area measurement of the land is 11,118 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a flat style roof made of materials that we aren't sure of. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 523 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3500 Bay Shore Road sold most recently in Apr 18, 2019 for a total of $1,200,000. If you work out the math, that's approximately a cost of $340.33 per sqft. Before that, the property was also sold for $105,000 in Sep 10, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $15,937 in taxes each year. 3500 Bay Shore Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,086,510. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Masonry
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Flat
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 523
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,118
  • Lot Size Depth Feet: 1,090
  • Lot Size Frontage Feet: 650
  • Total Building Area: 3,526
  • Gross Building Area: 3,526
  • Building Area: 3,003
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,003
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DESOTO TERRACE
  • Land Acres: 0.255
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 11 & 13, BLK D, LESS W 5 FT FOR R/W, DE SOTO TERRACE

Ownership

  • Current Owner : FROST PHILIP C
  • Previous Owner : JENKINS ROSE M
  • Owner Before Previous Owner: DOMINIQUE COPIN & ASSOCIATES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: T02 T02D A055
  • Census Tract: 000900

Zoning

  • Zoning: RSF3

Geography

  • Assessors Map Reference: 3
  • Account Number: 2005020041
  • Subdivision Tract Number: 79
  • Parcel: 2005-02-0041
  • Block: D
  • Lot: 11,13
  • Meridian: SEC 12 TWN 36S RNG 17E
  • Municipality: CITY OF SARASOTA
  • Latitude: 27.3663
  • Longitude: -82.5548

    Address

  • Full Address: 3500 Bay Shore Rd
  • Address - House Number: 3500
  • Address - Street Name: Bay Shore
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C029
  • 4-Digit Zip Code: 5730
  • Zip Code: 34234

Valuation

    Tax

  • Total Area: 3,570
  • Tax Year: 2023
  • Tax Amount: $15,937
  • Tax Rate Code Area: 0200

    Appraisal Valuation

  • Standard Deviation: 0.1692
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 2,140,778
  • High Value: 2,503,195
  • Low Value: 1,778,361

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: THE 3500 BAY SHORE ROAD LAND T
  • First Open Lien Mortgage Recording Date: Apr 18, 2019
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: May 01, 2049

    Market Valuation

  • Market Total Value: $1,321,200
  • Market Land Value: $211,700
  • Market Improvement Value: $1,109,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,086,510

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 18, 2019
  • Current Sale Recording Date: Apr 18, 2019
  • Current Sale Transaction ID: 11598889417
  • Current Sale Price: $1,200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019049862
  • Previous Sale Recording Date: Sep 15, 2015
  • Previous Sale Contract Date: Sep 10, 2015
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE 3500 BAY SHORE ROAD LAND T
  • First Mortgage Transaction Date: Apr 18, 2019
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: May 01, 2049

About Indian Beach-Sapphire Shores



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Frequently Asked Questions

What neighborhood is 3500 Bay Shore Road located in?
The 3500 Bay Shore Road is a located in the neighborhood of Desoto Terrace in Indian Beach-Sapphire Shores, Sarasota.
What is the average sales price for listings in 3500 Bay Shore Road?
The average sales price for units in 3500 Bay Shore Road is $0 currently.

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