NOT LISTED FOR SALE

1558 Oak Way Sarasota, FL 34232

Estimated Value: $630,471 - $730,000

3 Beds
2 Baths
2,267 Sq Ft
$292/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $470,000 $207 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,210/month

11 Days on Market

Highlights

  • Oak Trees
  • Screened Pool
  • Family Room with Fireplace
  • Sarasota High School Rated A-
  • Open Floorplan
  • Vaulted Ceiling

About This Home

As of April 2021

One of Sarasota s most sought-after communities, the Lakes is located in the heart of central Sarasota. Ideal for an easy commute to downtown Sarasota, our world-class beaches or the interstate to get anywhere you need to go. Beautiful homes, nothing cookie cutter and lush mature landscaping everywhere you look. This home is located in the Lakes Estates section and is a 3-bedroom, 2-bath pool home. Updates include a brand-new roof (2021), brand new pool pump (2021), AC (2017), pool has been refinished and pool cage replaced in 2005. Wood-burning fireplace with built-in cabinetry on both sides can be the focal point of the large living room space. Always wanted the large kitchen island, come imagine the possibilities of designing one here. Pocket sliders in the living room bring the outdoors in and the large, covered lanai with skylights makes Florida living easy. The master bedroom has two walk-in closets and sliders to the lanai. Other items to note are storage closets are abundant, laundry room with cabinets and sink, sliders in the 3rd bedroom and a door to the 2nd bath from the lanai for easy access from the pool. This home is a fresh canvas of new paint throughout the interior waiting for your design ideas to go to work. You won t be disappointed in this community or this home and with this price, your updates won t shatter the ceiling. Amenities in the Lakes include a recreation center, a heated pool, tennis courts and playground. Sidewalks throughout for morning and evening strolls to enjoy. Come and see why people buy and stay here and enjoy turning this into your dream home.

Last Agent to Sell the Property

Elizabeth Snyder

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0678494 Listed on: 02/27/2021

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Kim Donahue

PREFERRED SHORE LLC License #3352997

PREFERRED SHORE LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,767

Year Built

  • Built in 1988

Lot Details

  • 0.37 Acre Lot
  • East Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Irrigation
  • Oak Trees
  • Fruit Trees
  • Property is zoned RSF3

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Florida Architecture
  • Stem Wall Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,267 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Sliding Doors
  • Family Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Utility Room
  • Pool Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Parquet
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • Screened Patio
  • Rain Gutters
  • Rear Porch

Location

  • Flood Zone Lot

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 71
  • Assessor Parcel Number 0051140038

Community Details

Overview

  • Association fees include community pool, manager, recreational facilities
  • Sun State Management / Nicole Association, Phone Number (941) 870-4920
  • Lakes Estates The Community
  • Lakes Estates 3 Of Sarasota Subdivision
  • Association Approval Required

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,767

Year Built

Built in 1988

Lot Details

0

HOA Fees

$110 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Manager, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida, Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2267.00
  • Lot Size Acres: 0.37
  • Year Built: 1988
  • Building Area Total: 3361.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4493336?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4493336?w=Customer
  • Lot Size Sq Ft: 16297
  • Building Search Sq Meters: 312.25
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4493336?w=PubMLS
  • Directions to Property: South on McIntosh Road from Bahia Vista. Left at the second Lakes entrance. Proceed on Oak View Dr to Oak Way, left turn, house is on the left.
  • Escrow State: FL
  • List Office Head Office Key Nume: 1037329
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 9
  • Fireplace Features: Family Room, Wood Burning
  • Living Area Units: Square Feet
  • Additional Rooms: Breakfast Room Separate, Formal Dining Room Separate, Inside Utility
  • Flooring: Carpet, Ceramic Tile, Parquet
  • Full Bathrooms: 2
  • Interior Amenities: Built in Features, Ceiling Fans(s), High Ceiling(s), Master Bedroom Downstairs, Open Floorplan, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stem Wall
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Living Area Meters: 210.61
  • Street Number Modifier: 1558

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite, Heated, In Ground, Screen Enclosure
  • Exterior Features: Irrigation System, Rain Gutters, Sliding Doors
  • Roof: Shingle
  • Flood Zone Code: X & AE
  • Pool Private: Yes
  • View: Pool
  • Patio and Porch Features: Porch, Rear Porch, Screened
  • Road Surface Type: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Lakes Estates The
  • Community Features: Playground, Pool, Sidewalk, Tennis Courts
  • Monthly HOA Fees: 110.00
  • Association Amenities: Playground, Pool, Recreation Facilities, Tennis Court(s)
  • Association Approval Required: Yes
  • Association Fee: 330.00
  • Association Fee Frequency: Quarterly
  • Association Fee Requirement: Required
  • Association Name: Sun State Management / Nicole
  • Phone: 941-870-4920
  • Association: Yes
  • Association Email: nicole@sunstatemanagement.com

Fee Information

  • Total Annual Fees: 1320.00
  • Total Monthly Fees: 110.00

Schools

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

Lot Info

  • Zoning Compatible: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Zoning: RSF3
  • Parcel Number: 0051140038
  • Lot Features: FloodZone, Oversized Lot, Street Paved
  • Lot Size Square Meters: 1514

Rental Info

  • Minimum Lease: 6 Months
  • Additional Lease Restrictions: Please review all HOA Docs at www.thelakesfl.com
  • Furnished: Unfurnished
  • Lease Restrictions: Yes
  • Pets Allowed: Yes

Multi Family

  • Approval Process: Verify with HOA - no fee

Tax Info

  • Tax Annual Amount: 4767.00
  • Tax Book Number: 22-2
  • Tax Lot: 71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2021
Closed on
Apr 6, 2021
Sold by
Rodrigue Michael and Rodrigue Lorrie
Bought by
Bell Linda Lee and Mckeon Mary Lynn
Seller's Agent
Elizabeth Snyder
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Kim Donahue
PREFERRED SHORE LLC
List Price
$459,900
Sold Price
$470,000
Premium/Discount to List
$10,100
2.2%
Current Estimated Value
$662,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,118
Avg. Annual Appreciation
7.85%
Original Mortgage
$375,200
Outstanding Balance
$339,697
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$316,248

Purchase Details

Closed on
Mar 30, 2007
Sold by
Berner Joseph L and Berner Sheila M
Bought by
Rodrigue Michael and Rodrigue Lorrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,110
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 1997
Sold by
Bricher Marcia M
Bought by
Berner Joseph L and Berner Sheila M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.39%
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Bell Linda Lee $470,000 Desjarlais Law & Title
Rodrigue Michael $357,900 Americo Title Company Llc
Berner Joseph L $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Linda Lee $375,200
Previous Owner Rodrigue Michael $322,110
Previous Owner Berner Joseph L $137,000
Previous Owner Berner Joseph L $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $470,000 +2.2% $207 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
02/27/2021 02/27/21 For Sale $459,900 0.0% $203 / Sq Ft
08/14/2018 08/14/18 Rented $2,250 -15.1% --
05/29/2018 05/29/18 Under Contract -- -- --
02/02/2018 02/02/18 For Rent $2,650 +1.9% --
05/03/2017 05/03/17 Off Market $2,600 -- --
02/01/2017 02/01/17 Rented $2,600 0.0% --
01/06/2017 01/06/17 For Rent $2,600 0.0% --
01/06/2017 01/06/17 Rented $2,600 -- --
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 $5,990 $519,944 -- --
2023 $5,990 $504,800 $138,100 $366,700
2022 $5,877 $490,600 $134,800 $355,800
2021 $4,490 $326,500 $88,500 $238,000
2020 $4,767 $343,000 $97,700 $245,300
2019 $4,960 $367,400 $108,000 $259,400
2018 $4,465 $324,300 $116,100 $208,200
2017 $4,557 $321,640 $0 $0
2016 $4,233 $292,400 $53,600 $238,800
2015 $4,177 $281,500 $49,200 $232,300
2014 $3,998 $230,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4493336

Stellar MLS

APN: 0051-14-0038