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12712 Lateral Root Dr

Sarasota, FL 34238

3 bd 3 ba 2,045 sqft Built 2021 Lot 6,024 sqft single_family
Most recent sale
$625,000
Oct 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 24, 2022 Sold $625,000 MLS #A4546798
Sep 15, 2022 Price changed $644,995 MLS #A4546798
Sep 2, 2022 Listed $649,995 MLS #A4546798
Jun 30, 2021 Sold $428,135 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $334,100 $112,400 $446,500 $5,399
2023 $363,300 $105,800 $469,100 $5,993
2021 $86,100 $86,100 $1,071
2020 $82,600 $82,600 $1,052

Property facts

Year built
2021
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,045 sqft
Lot size
6,024 sqft
ZIP code
34238
City
Sarasota
Street
Lateral Root Dr
Coordinates
27.20041, -82.45517

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,783
Gross rental yield
7.26%
Implied cap rate
4.72%
Trend-extrapolated value

Frequently asked questions

When did 12712 Lateral Root Dr last sell?
12712 Lateral Root Dr most recently sold on Oct 24, 2022 for $625,000.
What is the current tax assessment for 12712 Lateral Root Dr?
The most recent total assessment for 12712 Lateral Root Dr (year 2025) is $446,500 with $5,399 in property tax.
How does 12712 Lateral Root Dr's assessment compare to its last sale price?
The current assessment is 28.6% below the last sale price of $625,000.
When was 12712 Lateral Root Dr built?
12712 Lateral Root Dr was built in 2021.
How does 12712 Lateral Root Dr compare to others on Lateral Root Dr?
We track 8 other properties on Lateral Root Dr. Browse the list under "Other properties on Lateral Root Dr" to compare beds, baths, and sale history.
What are the property facts for 12712 Lateral Root Dr?
12712 Lateral Root Dr is a 3 bed, 3 bath, 2,045 sqft, 6,024 sqft lot single_family.
Is 12712 Lateral Root Dr a flip candidate?
Yes — 12712 Lateral Root Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 12712 Lateral Root Dr a tax-appeal candidate?
No — 12712 Lateral Root Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.0%
Implied 1-yr
-3.9%
2026 Q3
$578.2K
2026 Q4
$572.3K
ZIP 34238 — Median Price History + Forecast

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