12740 Lateral Root Dr
Sarasota, FL 34238
4 bd 2 ba 1,828 sqft Built 2022 Lot 6,524 sqft single_family
Most recent sale
$534,990
Jul 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 29, 2022 | Sold | $534,990 | MLS #T3346296 |
| Jan 6, 2022 | Price changed | $534,990 | MLS #397-39226-392260000-0804 |
| Jan 5, 2022 | Price changed | $534,990 | MLS #T3346296 |
| Dec 23, 2021 | Price changed | $532,990 | MLS #397-39226-392260000-0804 |
| Dec 22, 2021 | Price changed | $532,990 | MLS #T3346296 |
| Dec 18, 2021 | Listed | $531,990 | MLS #397-39226-392260000-0804 |
| Dec 17, 2021 | Listed | $531,990 | MLS #T3346296 |
| Jul 2, 2021 | Sold | $1,848,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $292,000 | $115,800 | $407,800 | $5,341 |
| 2023 | $319,900 | $109,000 | $428,900 | $5,498 |
| 2022 | — | $127,500 | $127,500 | $1,518 |
Property facts
Year built
2022
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,828 sqft
Lot size
6,524 sqft
ZIP code
34238
City
Sarasota
Street
Lateral Root Dr
Coordinates
27.19939, -82.45480
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,382
Gross rental yield
7.59%
Implied cap rate
4.93%
Trend-extrapolated value
—
Frequently asked questions
When did 12740 Lateral Root Dr last sell?
12740 Lateral Root Dr most recently sold on Jul 29, 2022 for $534,990.
What is the current tax assessment for 12740 Lateral Root Dr?
The most recent total assessment for 12740 Lateral Root Dr (year 2025) is $407,800 with $5,341 in property tax.
How does 12740 Lateral Root Dr's assessment compare to its last sale price?
The current assessment is 23.8% below the last sale price of $534,990.
When was 12740 Lateral Root Dr built?
12740 Lateral Root Dr was built in 2022.
How does 12740 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 12740 Lateral Root Dr?
12740 Lateral Root Dr is a 4 bed, 2 bath, 1,828 sqft, 6,524 sqft lot single_family.
Is 12740 Lateral Root Dr a flip candidate?
No — 12740 Lateral Root Dr does not appear in our flips dataset.
Is 12740 Lateral Root Dr a tax-appeal candidate?
No — 12740 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 valuationQuarterly trend
-1.0%
Implied 1-yr
-3.9%
2026 Q3
$578.2K
2026 Q4
$572.3K
ZIP 34238 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lateral Root Dr