1552 Mellon Way Sarasota, FL 34232
Estimated Value: $588,095
5
Beds
2.5
Baths
2,355
Sq Ft
$250/Sq Ft
Est. Value
Highlights
- Access To Pond
- Oak Trees
- Pond View
- Sarasota High School Rated A-
- Heated In Ground Pool
- Open Floorplan
About This Home
As of November 2023MOTIVATED SELLER**Welcome to this beautiful 5 bedroom, 2.5 bath, 2 story home in the desirable Summerwood 2 Subdivision. This home features a “true” 2 story with the master bedroom located on the main level and the remainder of the bedrooms upstairs, as well as a large Bonus/Game room with a walk-in closet. This home is on a premiere lot with a gorgeous inground pool and a large cage overlooking a beautiful lake with southern exposure. Sit on your lanai and enjoy the beauty of living in sunny Florida, while the pool fountains trickle in the background. This gem of a home also has a NEW ROOF 2023, newer a/c, engineered wood floors in main living areas and tile in the bathrooms, and large windows throughout the home that allows for lots of natural light. Other features include a dining room, family room with pool views, open kitchen, half bath for guests, tall ceilings, and 2 car garage on a cul-de-sac. Come view this rare beauty, in a fabulous neighborhood. As -is only contract.
Last Agent to Sell the Property
HORIZON REALTY INTERNATIONAL Brokerage Phone: 941-238-0953 License #3510431 Listed on: 06/30/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,969
Year Built
- Built in 2003
Lot Details
- 6,066 Sq Ft Lot
- Cul-De-Sac
- North Facing Home
- Oak Trees
- Property is zoned RSF2
HOA Fees
- $17 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Slab Foundation
- Shingle Roof
- Block Exterior
- Stucco
Interior Spaces
- 2,355 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Built-In Features
- Cathedral Ceiling
- Ceiling Fan
- Blinds
- Family Room Off Kitchen
- L-Shaped Dining Room
- Pond Views
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Heated In Ground Pool
- Pool Deck
Outdoor Features
- Access To Pond
- Enclosed patio or porch
Schools
- Brentwood Elementary School
- Mcintosh Middle School
- Sarasota High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Natural Gas Connected
- Gas Water Heater
- Cable TV Available
Community Details
- Rob Edgington Association
- Visit Association Website
- Summerwood Community
- North Ph 1 Summerwood 2 Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 46
- Assessor Parcel Number 0049070018
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 30, 2023
Closed on
Nov 7, 2023
Sold by
Rubens Laurence B
Bought by
Norman Colleen
Seller's Agent
Noelle Murauskas
HORIZON REALTY INTERNATIONAL
Buyer's Agent
Cathy Neubauer
SUNSET REALTY
List Price
$750,000
Sold Price
$590,000
Premium/Discount to List
-$160,000
-21.33%
Total Days on Market
83
Views
280
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,905
Avg. Annual Appreciation
-0.20%
Original Mortgage
$480,260
Interest Rate
7.31%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 9, 2007
Sold by
Padula James J and Padula Carol D
Bought by
Rubens Laurence B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 8, 2003
Sold by
Morrison Homes Inc
Bought by
Padula James J and Padula Carol D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,700
Interest Rate
5.76%
Similar Homes in Sarasota, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Norman Colleen | $590,000 | None Listed On Document | |
| Rubens Laurence B | $420,000 | Manatee Pinellas Title | |
| Padula James J | $258,300 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Norman Colleen | $484,125 | |
| Closed | Norman Colleen | $480,260 | |
| Previous Owner | Rubens Laurence B | $334,250 | |
| Previous Owner | Rubens Laurence B | $336,000 | |
| Previous Owner | Padula James J | $124,700 | |
| Previous Owner | Padula James J | $60,000 | |
| Previous Owner | Padula James J | $124,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/08/2023 11/08/23 | Sold | $590,000 | 0.0% | $251 / Sq Ft |
| 09/22/2023 09/22/23 | Pending | -- | -- | -- |
| 09/15/2023 09/15/23 | Price Changed | $590,000 | -4.1% | $251 / Sq Ft |
| 08/23/2023 08/23/23 | Price Changed | $615,000 | -5.4% | $261 / Sq Ft |
| 08/06/2023 08/06/23 | Price Changed | $650,000 | -7.1% | $276 / Sq Ft |
| 07/08/2023 07/08/23 | Price Changed | $699,999 | -6.7% | $297 / Sq Ft |
| 06/30/2023 06/30/23 | For Sale | $750,000 | -- | $318 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,491 | $278,618 | -- | -- |
| 2023 | $5,491 | $464,900 | $149,700 | $315,200 |
| 2022 | $4,969 | $411,500 | $124,700 | $286,800 |
| 2021 | $4,221 | $307,300 | $83,600 | $223,700 |
| 2020 | $3,987 | $283,200 | $70,500 | $212,700 |
| 2019 | $4,091 | $295,500 | $70,500 | $225,000 |
| 2018 | $3,863 | $278,700 | $70,500 | $208,200 |
| 2017 | $3,684 | $259,600 | $57,300 | $202,300 |
| 2016 | $3,677 | $254,500 | $53,600 | $200,900 |
| 2015 | $3,456 | $230,900 | $48,600 | $182,300 |
| 2014 | $3,202 | $189,420 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Noelle Murauskas
N
Seller's Agent in 2023
Noelle Murauskas
HORIZON REALTY INTERNATIONAL
(941) 238-0953
11 Total Sales
-
Cathy Neubauer
Buyer's Agent in 2023
Cathy Neubauer
SUNSET REALTY
(941) 302-1404
7 Total Sales
Map
Source: Stellar MLS
MLS Number: A4575261
APN: 0049-07-0018
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