$125,000
SOLD AUG 18, 2021

2616 Hidden Lake Dr N Unit D Sarasota, FL 34237

Downtown Sarasota Neighborhood
2 Beds
1 Bath
912 Sq Ft
$330/mo HOA Fee

Recently Sold

$137 Per Sq Ft

4% Below List Price

9 Days on Market

Highlights

  • Fitness Center
  • Heated In Ground Pool
  • Tile Flooring
  • Booker High School Rated A-
  • Open Floorplan
  • 4-minute walk to Tuttle Walkway Park

About This Home

As of August 2021

This well maintained condo in the very popular Hidden Lake Village is a dream come true. Investors and residents will love the amenities, including 2 pools, tennis courts, fitness center, and beautiful lake view. The condo fees are low, only $330 per month, but provide a lot! The open floor plan and screened in balcony provide lots of natural light and no neighbors above you means peace and quite. Great proximity to Downtown Sarasota, I-75, and the beaches make this a great investment or place to call home. Tenant in place until 9/30/2021.

Last Agent to Sell the Property

Frank Frederick

ASHTON LAKES REALTY INC License #3352526 Listed on: 06/18/2021

Co-Listed By

Gerret Copeland, Jr

License #0603783

Last Buyer's Agent

Jennifer Fogliano

COLDWELL BANKER REALTY License #3455057

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,157

Year Built

  • Built in 1974

Lot Details

  • West Facing Home
  • Land Lease expires 9/30/21

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 912 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Heated In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, maintenance structure, ground maintenance, manager, pool maintenance, recreational facilities
  • Prokop, Phyllis Prokop Association, Phone Number (941) 342-6444
  • Visit Association Website
  • Hidden Lake Village Community
  • Hidden Lake Village Subdivision
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 20 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,157

Year Built

Built in 1974

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • HOA Fee Includes: Community Pool, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 912
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 972
  • Directions to Property: From Fruitville Rd, go north on Tuttle Ave. Turn left into Hidden Lake Blvd. Turn right at Hidden Lake Dr N and take the left. Building number is 2616.
  • Status: Sold
  • Street Post Direction: N
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4504507?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4504507?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.96154
  • Price per Sq Ft: 137.06
  • Close to Original List Price Ratio: 0.96154
  • Ratio: Current Price\Building Area Total: 128.6
  • View: No
  • Co List Office Mls Id: 281521326
  • Co List Office Phone: 941-803-7522
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Thermostat
  • Appliances Included: Dishwasher, Electric Water Heater, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 2
  • Street Number Modifier: 2616
  • Room Count: 7

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated, In Ground
  • Exterior Features: Sidewalk, Tennis Court(s)
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Guest
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness, No Truck/RV/Motorcycle Parking, Pool, Tennis Courts
  • Association Name: Prokop, Phyllis Prokop
  • Phone: 941-342-6444
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 330
  • Condo Fees Term: Monthly
  • Association Website: www.prokoppa.com
  • Association Email: prokoppa@aol.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 330
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 3960
  • Total Monthly Fees: 330

Lot Info

  • Zoning: RMF4
  • Parcel Number: 2028081056
  • Additional Parcels: No
  • Flood Zone Code: X/AE
  • Land Lease Expiration Date: 2021-09-30

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 20
  • Minimum Lease: 1-2 Years
  • Approval Process: $75 fee and application.
  • Num Timesper Year: 1
  • Pet Restrictions: Not more than 1 dog is permitted in any unit. Tenants may NOT have a dog as a pet. See condo docs for details.
  • Lease Restrictions Y N: Yes
  • Currency Monthly Rent Amt: 1050
  • Month To Month Or Weekly Y N: No
  • Additional Lease Restrictions: 1 year minimum lease with application and fee. Tenants are not allowed dogs. See condo docs.

Tax Info

  • Tax Annual Amount: 1157.3
  • Tax Book Number: 1368-1482
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Aug 18, 2021
Sold by
Selous Enterprises Llc
Bought by
Lombard Joseph J
Seller's Agent
Frank Frederick
ASHTON LAKES REALTY INC
Buyer's Agent
Jennifer Fogliano
COLDWELL BANKER REALTY
List Price
$130,000
Sold Price
$125,000
Premium/Discount to List
-$5,000
-3.85%
Current Estimated Value
$141,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,126
Avg. Annual Appreciation
4.23%
Original Mortgage
$100,000
Outstanding Balance
$91,856
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$55,386

Purchase Details

Listed on
Aug 19, 2020
Closed on
Aug 19, 2020
Sold by
Mcwilliams Robed Daniel
Bought by
Ippolito Steven J
Seller's Agent
Ray Oliver
STRINGER MANAGEMENT INC
Buyer's Agent
Robin De Busk
STRINGER MANAGEMENT INC
Sold Price
$1,050

Purchase Details

Listed on
Jun 4, 2013
Closed on
Aug 2, 2013
Sold by
Copeland Gerret
Bought by
Selous Enterprises Llc
Seller's Agent
David Swenson
SUNCOAST GLOBAL REALTY
Buyer's Agent
Gerret Copeland, Jr
List Price
$79,777
Sold Price
$73,000
Premium/Discount to List
-$6,777
-8.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%

Purchase Details

Listed on
Jun 4, 2013
Closed on
Jul 10, 2013
Sold by
Wieczorek Adam and Wieczorek Karolia
Bought by
Copeland Gerret
Seller's Agent
David Swenson
SUNCOAST GLOBAL REALTY
Buyer's Agent
Gerret Copeland, Jr
List Price
$79,777
Sold Price
$73,000
Premium/Discount to List
-$6,777
-8.49%

Purchase Details

Closed on
May 27, 2011
Sold by
Leist Robin A
Bought by
Wieczorek Adam and Wieczorek Karolina
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $125,000 Sunbelt Title Agency
Warranty Deed $90,000 Sunbelt Title Agency
Quit Claim Deed -- Attorney
Warranty Deed $73,000 Mti Title Ins Agency Inc
Warranty Deed $41,800 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2022 07/26/22 Rented $2,000 0.0% --
04/20/2022 04/20/22 For Rent $2,000 0.0% --
08/18/2021 08/18/21 Sold $125,000 -3.8% $137 / Sq Ft
06/27/2021 06/27/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $130,000 0.0% $143 / Sq Ft
09/15/2020 09/15/20 Rented $1,050 0.0% --
08/19/2020 08/19/20 For Rent $1,050 0.0% --
07/10/2013 07/10/13 Sold $73,000 -8.5% $80 / Sq Ft
06/14/2013 06/14/13 Pending -- -- --
06/04/2013 06/04/13 For Sale $79,777 -- $87 / 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 $2,112 $116,500 -- $116,500
2023 $2,112 $130,000 $0 $130,000
2022 $1,911 $114,800 $0 $114,800
2021 $1,256 $71,400 $0 $71,400
2020 $1,157 $61,400 $0 $61,400
2019 $1,200 $64,900 $0 $64,900
2018 $1,157 $66,000 $0 $66,000
2017 $1,060 $52,841 $0 $0
2016 $1,023 $54,800 $0 $54,800
2015 $938 $46,300 $0 $46,300
2014 $856 $32,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4504507

Stellar MLS

APN: 2028-08-1056