NOT LISTED FOR SALE

1641 Mellon Way Sarasota, FL 34232

Estimated Value: $430,531 - $480,000

3 Beds
2 Baths
1,522 Sq Ft
$301/Sq Ft Est. Value

Last Sold March 13, 2020

Last sale price $292,900 $192 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,770/month

34 Days on Market

Highlights

  • Above Ground Pool
  • Ranch Style House
  • High Ceiling
  • Sarasota High School Rated A-
  • Wood Flooring
  • Stone Countertops

About This Home

As of March 2020

Look No Further! Remodeled to perfection home. Over $40,000 in upgrades in the kitchen and the bathrooms. Freshly painted home which boasts 3BR+2BA+2 Attached Car Garage. Lots of upgrades in the kitchen and the bathrooms. All kitchen appliances are stainless steel. The back-splash accentuates the kitchen's wall beautifully and tile flooring. High ceiling and wood floors in the living room, with decorative fan. Access to our four legged friend into the patio, as well as a hot tub with large glass door and it is screened. Fenced yard and much privacy. Calm and airy master bedroom with walk-in closet and carpet. The remodeled master bathroom features garden tub, separate shower and 2 sinks. The second bathroom is also remodeled and features a tub. For your convenience, there is a sink in the laundry room with storage area. Ready for you home in the desirable community of Summerwood. Summerwood is a natural gas community. Easy access to I-75. Close to major shopping malls and Siesta Key Beach. Immediate occupancy.

Last Agent to Sell the Property

Reeny Kaney

RE/MAX ALLIANCE GROUP License #0527277 Listed on: 12/20/2019

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Lisa Warren

OWN SRQ LLC License #3079333

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,615

Year Built

  • Built in 2003

Lot Details

  • 5,719 Sq Ft Lot
  • North Facing Home
  • Fenced

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,522 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Drapes & Rods
  • Family Room Off Kitchen

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Above Ground Pool
  • Covered Patio or Porch

Schools

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

Utilities

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

Community Details

  • Casey Management/Tamara L Gilman Association, Phone Number (941) 922-3391
  • Summerwood Community
  • Summerwood Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,615

Year Built

Built in 2003

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1522
  • Lot Size Acres: 0.13
  • New Construction: No
  • Year Built: 2003
  • Lot Size Sq Ft: 5719
  • Directions to Property: From Fruitville/Bee Ridge head toward Cattleman Road. Turn onto Old Summerwood Blvd. Turn Right into Mellon Way.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4454410?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4454410?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Subdivision Num: 2858
  • Call Center Phone Number: 800-746-9464
  • Subdivision Section Number: 2858
  • Ratio: Close Price\List Price: 0.99322
  • Price per Sq Ft: 192.44
  • Close to Original List Price Ratio: 0.99322
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Drapes
  • Street Number Modifier: 1641
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Pool Features: Above Ground
  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Screened
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 400
  • Association Fee Frequency: Annually
  • Association Name: Casey Management/Tamara L Gilman
  • Phone: 941-922-3391
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 400
  • Monthly HOA Fee: 33.33
  • Total Monthly Fees: 33.33

Schools

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

Lot Info

  • Parcel Number: 0049070039
  • Additional Parcels: No
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 6 Months
  • Approval Process: Please contact management about lease restrictions.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please contact management about lease restrictions.

Tax Info

  • Tax Annual Amount: 1615.49
  • Tax Block: 40
  • Tax Book Number: 42
  • Tax Lot: 67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2019
Closed on
Mar 13, 2020
Sold by
Albert Nicole L and Albert Jonathan E
Bought by
Lockett Toure and Lockett Kerri Lynn
Seller's Agent
Reeny Kaney
RE/MAX ALLIANCE GROUP
Buyer's Agent
Lisa Warren
OWN SRQ LLC
List Price
$294,900
Sold Price
$292,900
Premium/Discount to List
-$2,000
-0.68%
Current Estimated Value
$457,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,733
Avg. Annual Appreciation
8.42%
Original Mortgage
$284,113
Outstanding Balance
$253,862
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$202,046

Purchase Details

Closed on
Aug 28, 2009
Sold by
White Tatiana and Navarro Juan
Bought by
Clarke Nicole L and Albert Jonathan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,976
Interest Rate
5.11%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 29, 2005
Sold by
Ferris Gregory V
Bought by
Navarro Juan and White Tatiana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,600
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2003
Sold by
Morrison Homes Inc
Bought by
Ferris Gregory V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,900
Interest Rate
5.86%
Source: Public Records

Range of Values:

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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
Lockett Toure $292,900 Attorney
Clarke Nicole L $164,500 Attorney
Navarro Juan $307,000 Team Title Services Inc
Ferris Gregory V $173,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lockett Kerri Lynn $100,000
Open Lockett Toure $284,113
Closed Lockett Toure $10,000
Previous Owner Clarke Nicole L $143,976
Previous Owner Navarro Juan $245,600
Previous Owner Ferris Gregory $138,900
Previous Owner Ferris Gregory V $138,900
Closed Navarro Juan $61,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2020 03/13/20 Sold $292,900 -0.7% $192 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
12/19/2019 12/19/19 For Sale $294,900 -- $194 / 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 $2,973 $254,824 -- --
2023 $2,973 $247,402 $0 $0
2022 $2,857 $240,196 $0 $0
2021 $2,836 $233,200 $76,600 $156,600
2020 $1,694 $138,228 $0 $0
2019 $1,615 $135,120 $0 $0
2018 $1,560 $132,601 $0 $0
2017 $1,549 $129,874 $0 $0
2016 $1,533 $185,400 $47,900 $137,500
2015 $1,557 $166,100 $43,300 $122,800
2014 $1,549 $123,464 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4454410

Stellar MLS

APN: 0049-07-0039