NOT LISTED FOR SALE

1557 Oak Way Sarasota, FL 34232

Estimated Value: $677,000 - $809,000

4 Beds
3 Baths
2,582 Sq Ft
$286/Sq Ft Est. Value

Last Sold June 12, 2017

Last sale price $390,000 $151 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $4,500/month

91 Days on Market

Highlights

  • Fitness Center
  • Oak Trees
  • Fishing
  • Sarasota High School Rated A-
  • Spa
  • Deck

About This Home

As of June 2017

An enchanting tropical exterior sets the stage for this immaculate four-bedroom home in the Lakes Estates, Sarasota. Elegant double doors open to the bright and beautiful floor plan, where you will find a thoughtful configuration of living spaces. The open kitchen with breakfast bar features stainless steel appliances and connects with ease to the family room, making gathering a breeze. In the formal living room, a wood-burning fireplace adds warmth to cooler evenings. The backyard is an oasis of serenity, with a generous screened lanai featuring a built-in spa/hot tub as the centerpiece, as well as a deck area surrounded by lush gardens. The Lakes Estates is one of Sarasota’s favorite neighborhoods, with mature oaks, two community pools, an updated fitness center, tennis courts and quiet, private streets. Residents enjoy a convenient location within easy reach of downtown Sarasota’s restaurants, shops and theatres, as well as barrier island beaches, schools, medical amenities and so much more.

Last Agent to Sell the Property

Nicole Mei

MICHAEL SAUNDERS & COMPANY License #3268662 Listed on: 01/17/2017

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Denise Mei

MICHAEL SAUNDERS & COMPANY License #3253049

Last Buyer's Agent

Nicki Conway, LLC

FINE PROPERTIES License #3056963

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,391

Year Built

  • Built in 1988

Lot Details

  • 0.35 Acre Lot
  • Mature Landscaping
  • Irrigation
  • Oak Trees
  • Property is zoned RSF3

HOA Fees

  • $104 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Stem Wall Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Siding

Interior Spaces

  • 2,582 Sq Ft Home
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck
  • Screened Patio
  • Porch

Schools

  • Brentwood Elementary School
  • Mcintosh Middle School
  • Sarasota High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Lakes Estates The Community
  • Lakes Estates Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Spa
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,391

Year Built

Built in 1988

Lot Details

0

HOA Fees

$104 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Siding, Wood Frame
  • Fireplace: Yes
  • Living Area: 2582
  • Lot Size Acres: 0.35
  • New Construction: No
  • Year Built: 1988
  • Building Area Total: 4053
  • Lot Size Sq Ft: 15259
  • Directions to Property: Bahia Vista to South on McIntosh. Turn East onto Oak View Dr. Turn left onto Oak Way. Home is on the right.
  • Status: Sold
  • Co List Office Mls Id: MFR281504998
  • Co List Office Phone: 941-951-6660
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 151.05
  • Total Acreage: 1/4 Acre to 21779 Sq. Ft.
  • Water Access YN: 0
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Kitchen/Family Room Combo, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Foundation Details: Stem Wall
  • Total Bedrooms: 4
  • Levels: One
  • Spa Yn: Yes
  • Window Features: Blinds
  • Street Number Modifier: 1557
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Formal Dining Room Separate,Formal Living Room Separate,Inside Utility,Storage Rooms
  • Room Count: 7

Exterior Features

  • Exterior Features: Sliding Doors, Irrigation System
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04T00:00:00.000
  • Flood Zone Panel: 12115C0153F

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage Door Opener

Utilities

  • Utilities: Cable Connected, Electricity Connected, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fishing, Fitness Center, Pool, Tennis Courts
  • Association Amenities: Fitness Center, Recreation Facilities, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 311
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Senior Community: No
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required

Fee Information

  • Monthly HOA Amount: 103.67

Schools

  • Elementary School: Brentwood Elementary
  • High School: Sarasota High
  • Middle Or Junior School: McIntosh Middle

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0051140045
  • Additional Parcels: No
  • Lot Features: In County, Paved
  • Flood Zone Code: AE
  • Homestead YN: 1

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 3391
  • Tax Book Number: 22-2
  • Tax Lot: 80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2017
Closed on
Jun 12, 2017
Sold by
Brandon Christopher G and Brandon Leesa M
Bought by
Lindgren Suzanne
Seller's Agent
Nicole Mei
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Nicki Conway, LLC
FINE PROPERTIES
List Price
$424,500
Sold Price
$390,000
Premium/Discount to List
-$34,500
-8.13%
Current Estimated Value
$737,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,766
Avg. Annual Appreciation
8.04%
Original Mortgage
$190,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2011
Sold by
Knepp Terry W
Bought by
Brandon Christopher G and Brandon Leesa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1998
Sold by
Walker Steven L
Bought by
Walker Lynn Trehern

Purchase Details

Closed on
Sep 23, 1993
Sold by
Pursifull Raymond D and Pursifull Rochelle S
Bought by
Walker Steven L and Walker Lynn Trehern

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
7.19%
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lindgren Suzanne $390,000 Attorney
Brandon Christopher G $335,375 Attorney
Walker Lynn Trehern -- --
Walker Steven L $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lindgren Suzanne $185,000
Closed Lindgren Suzanne $190,000
Previous Owner Brandon Christopher G $155,000
Previous Owner Walker Steven L $168,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2017 09/10/17 Off Market $390,000 -- --
06/12/2017 06/12/17 Sold $390,000 -8.1% $151 / Sq Ft
04/19/2017 04/19/17 Pending -- -- --
01/17/2017 01/17/17 For Sale $424,500 -- $164 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

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 $4,608 $382,827 -- --
2023 $4,608 $371,677 $0 $0
2022 $4,433 $360,851 $0 $0
2021 $4,422 $350,341 $0 $0
2020 $4,213 $327,950 $0 $0
2019 $4,070 $320,577 $0 $0
2018 $3,976 $314,600 $112,600 $202,000
2017 $4,945 $350,300 $110,900 $239,400
2016 $3,335 $320,500 $51,900 $268,600
2015 $3,391 $314,000 $47,600 $266,400
2014 $3,378 $247,334 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4174838

Stellar MLS

APN: 0051-14-0045