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4863 Oak Pointe Way

4863 Oak Pointe Way, Sarasota, FL 34233
Property in Grove Pointe
Sold May 04, 2020
$391,500
$313,200 by Flagstar Bank Fsb
Mortgage Due May 01, 2050
Sold Jun 26, 2015
$220,500
Local assessors in Sarasota, FL have categorized 4863 Oak Pointe Way as a residential type of property. The home was built in 1992 and is 32 years old. It was most recently renovated and altered in 2007. The property's lot size has been calculated to be 12,150 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4863 Oak Pointe Way has a total of 2,541 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 725 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B-. The building has a gable style roof that was made of asphalt. Lots of stucco were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 4863 Oak Pointe Way sold most recently in Apr 28, 2020 for a total of $391,500. If you work out the math, that's approximately a cost of $119.87 per sqft. Before that, the property was also sold for $220,500 in Jun 25, 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 $4,715 in taxes each year. 4863 Oak Pointe Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $385,319. 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: 1992
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 725
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 12,150
  • Lot Size Frontage Feet: 10
  • Total Building Area: 3,266
  • Gross Building Area: 3,359
  • Building Area: 2,541
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,541
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GROVE POINTE UNIT 1
  • Land Acres: 0.279
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 192 GROVE POINTE UNIT 1

Ownership

  • Current Owner : HAGEN LYNN
  • Previous Owner : GLASSER RAYMOND J
  • Previous Owner 2: GLASSER SUSAN M
  • Owner Before Previous Owner: FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: A055 F052 G054
  • Census Tract: 001511

Zoning

  • Zoning: RSF2

Geography

  • Assessors Map Reference: 29A
  • Account Number: 0093070011
  • Subdivision Tract Number: 2422
  • Parcel: 0093-07-0011
  • Lot: 192
  • Meridian: SEC 12 TWN 37S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2819
  • Longitude: -82.4545

    Address

  • Full Address: 4863 Oak Pointe Way
  • Legal Unit: 1
  • Address - House Number: 4863
  • Address - Street Name: Oak Pointe
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Sarasota
  • Carrier Code: R019
  • 4-Digit Zip Code: 3522
  • Zip Code: 34233

Valuation

    Tax

  • Total Area: 3,615
  • Tax Year: 2023
  • Tax Amount: $4,715
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.1918
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 74
  • Final Value: 712,971
  • High Value: 849,782
  • Low Value: 576,160

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $313,200
  • First Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • First Open Lien Mortgage Recording Date: May 04, 2020
  • First Open Lien Mortgage Loan Amount: $313,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2050

    Market Valuation

  • Market Total Value: $560,600
  • Market Land Value: $145,400
  • Market Improvement Value: $415,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $385,319

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 28, 2020
  • Current Sale Recording Date: May 04, 2020
  • Current Sale Transaction ID: 11757429462
  • Current Sale Price: $391,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020058354
  • Previous Sale Recording Date: Jun 26, 2015
  • Previous Sale Contract Date: Jun 25, 2015
  • Previous Sale Amount: $220,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLAGSTAR BANK FSB
  • First Mortgage Transaction Date: May 04, 2020
  • First Mortgage Loan Amount: $313,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

About Grove Pointe



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Frequently Asked Questions

What neighborhood is 4863 Oak Pointe Way located in?
The 4863 Oak Pointe Way is a located in the neighborhood of Grove Pointe in Grove Pointe, Sarasota.
What is the average sales price for listings in 4863 Oak Pointe Way?
The average sales price for units in 4863 Oak Pointe Way is $0 currently.

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