NOT LISTED FOR SALE

3173 Lake Park Ln Unit 6 Sarasota, FL 34231

Ridge Wood Heights Neighborhood

Estimated Value: $358,000 - $426,000

2 Beds
2 Baths
1,738 Sq Ft
$500/mo HOA Fee

Last Sold March 22, 2023

Last sale price $480,000 $276 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $2,989/month

184 Days on Market

Highlights

  • In Ground Pool
  • Lake View
  • Bonus Room
  • Riverview High School Rated A
  • Vaulted Ceiling
  • Stone Countertops

About This Home

As of March 2023

Outstanding Opportunity! Brand new roof and over $60,000 in upgrades with this light and bright 2 Bedroom 2 Bath Lakefront Villa in one of Sarasota’s best locations. Flexible floor plan allows several options for use depending on your lifestyle. Your eyes are drawn to the sparkling full lake view as you walk through the expansive living area, sunroom and enclosed lanai. Features you will love include Vaulted Ceilings, French Doors, Newer Appliances, Five Skylights, Bay Windows, New Kitchen with custom cabinets and pantry doors, quartz counter tops, new backsplash, LED lighting, New Porcelain Tile Flooring, New Ceiling Fans and a Spacious 2-car garage. Park Place is a charming maintenance free enclave of only 30 villas. Minutes to Siesta Key, downtown, shopping, restaurants, and I-75. Mature landscaping throughout and lovely community pool. Buyers benefit greatly with the NEW TILE ROOF just installed in December 2022. We encourage you to make this a must see and the sooner the better.

Last Agent to Sell the Property

Diane Shane

ROBERTS REALTY INC License #0510726 Listed on: 08/20/2022

Last Buyer's Agent

Mischelle Gray

LIV SARASOTA REALTY License #3069830

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,031

Year Built

  • Built in 1987

Lot Details

  • South Facing Home
  • Mature Landscaping
  • Irrigation

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Guest Parking

Home Design

  • Villa
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,738 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Shades
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Inside Utility
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Enclosed Patio or Porch
  • Rain Gutters

Schools

  • Wilkinson Elementary School
  • Brookside Middle School
  • Riverview High School

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, escrow reserves fund, maintenance structure, ground maintenance, management
  • Sunstate Association Management Group, Inc. Association, Phone Number (941) 870-4920
  • Visit Association Website
  • Park Place Villas Community
  • Park Place Villas Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets up to 25 lbs
  • Pet Size Limit
  • 1 Pet Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,031

Year Built

Built in 1987

Lot Details

0

HOA Fees

$500 per month

Parking

2

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Management, Pool
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Villa
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1738
  • New Construction: No
  • Year Built: 1987
  • Directions to Property: North side of Proctor Road, Between Beneva Rd and Swift Road. Turn into Lockwood Ridge Road, Park Place will be on your left
  • Status: Sold
  • Co List Office Mls Id: MFR281502124
  • Co List Office Phone: 941-924-2330
  • Ownership: Condominium
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046602
  • Minimum Lease: 6 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 276.18
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Solid Surface Counters, Split Bedroom, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Window Features: Shades, Window Treatments
  • Street Number Modifier: 3173
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Den/Library/Office,Inside Utility
  • Living Area Meters: 161.47
  • Room Count: 6

Exterior Features

  • Direction Faces: South
  • Pool Features: Gunite, In Ground
  • Exterior Features: Irrigation System, Rain Gutters
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Rear Porch, Screened
  • Road Surface Type: Asphalt, Paved
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0142F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Guest

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association Amenities: Pool
  • Association Fee Frequency: Quarterly
  • Association Name: Sunstate Association Management Group, Inc.
  • Phone: 941-870-4920
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Must be leashed, tenants no pets, guests pets with prior written permission of Board
  • Association Fee Requirement: Required
  • Condo Fees: 1500
  • Max Pet Weight: 25
  • Association Email: brian@sunstatemanagement.com
  • Monthly Condo Fee Amount: 500
  • Pet Size: Small (16-35 Lbs.)
  • Association URL: https://sunstatemanagement.com/

Fee Information

  • Total Annual Fees: 6000.00
  • Total Monthly Fees: 500.00
  • Monthly HOA Amount: 0.00

Schools

  • Elementary School: Wilkinson Elementary
  • High School: Riverview High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0073141006
  • Additional Parcels: No
  • Lot Features: In County, Paved
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Size Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Min lease is 6 months. Maximum lease is 12 months with no automatic renewal. Each lease renewal must be approved by the Board of Directors along with a lease application and a copy of the lease renewal. See Rules @ Regulations

Tax Info

  • Tax Annual Amount: 2031
  • Tax Book Number: 1930-841
  • Tax Lot: 6

Multi Family

  • Approval Process: Interview required, Purchase Application required, $100.00 non-refundable fee required.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2022
Closed on
Apr 24, 2023
Sold by
Purtell Betty E
Bought by
Purtell Betty E
Seller's Agent
Diane Shane
ROBERTS REALTY INC
Buyer's Agent
Mischelle Gray
LIV SARASOTA REALTY
List Price
$499,000
Sold Price
$480,000
Premium/Discount to List
-$19,000
-3.81%
Views
13
Current Estimated Value
$392,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$87,623
Avg. Annual Appreciation
-7.52%

Purchase Details

Listed on
Aug 20, 2022
Closed on
Mar 13, 2023
Sold by
Maher James R and Maher Georgie S
Bought by
Purtell Betty E
Seller's Agent
Diane Shane
ROBERTS REALTY INC
Buyer's Agent
Mischelle Gray
LIV SARASOTA REALTY
List Price
$499,000
Sold Price
$480,000
Premium/Discount to List
-$19,000
-3.81%
Views
13

Purchase Details

Closed on
Feb 16, 2017
Sold by
Trautwein Charlotte G
Bought by
Maher James R and Maher Gerogie S

Purchase Details

Closed on
Feb 15, 2007
Sold by
Dumbaugh John D
Bought by
Trautwein John W and Trautwein Charlotte G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,600
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2005
Sold by
King Jerri L
Bought by
Dumbaugh John D and B & D Zeta Trust

Purchase Details

Closed on
Jul 27, 2005
Sold by
King Christopher S
Bought by
King Jerri L

Purchase Details

Closed on
Mar 23, 2004
Sold by
Sperling Janet
Bought by
Clarke Marion W

Purchase Details

Closed on
May 26, 2000
Sold by
Williams Alfreda J
Bought by
Waddell Winifred G

Purchase Details

Closed on
Nov 3, 1999
Sold by
Thompson Ruth M
Bought by
Williams Alfreda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.76%

Purchase Details

Closed on
Dec 21, 1993
Sold by
Gould Frederick H
Bought by
Gould Frederick H
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
Purtell Betty E $100 None Listed On Document
Purtell Betty E $480,000 None Listed On Document
Maher James R $225,000 Attorney
Trautwein John W $415,000 Attorney
Dumbaugh John D $335,000 --
King Jerri L -- --
Clarke Marion W $210,000 Sunbelt Title Agency
Waddell Winifred G $184,000 --
Williams Alfreda J $180,000 --
Gould Frederick H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trautwein John W $253,600
Previous Owner Williams Alfreda J $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2023 03/22/23 Sold $480,000 -1.8% $276 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
02/12/2023 02/12/23 Price Changed $489,000 -2.0% $281 / Sq Ft
12/16/2022 12/16/22 Price Changed $499,000 0.0% $287 / Sq Ft
12/16/2022 12/16/22 For Sale $499,000 +4.0% $287 / Sq Ft
08/31/2022 08/31/22 Off Market $480,000 -- --
08/31/2022 08/31/22 Pending -- -- --
08/20/2022 08/20/22 For Sale $525,000 +133.3% $302 / Sq Ft
02/20/2018 02/20/18 Sold $225,000 -10.0% $137 / Sq Ft View Prior Sale
01/23/2018 01/23/18 Pending -- -- --
01/16/2018 01/16/18 For Sale $249,900 -- $152 / 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 $4,888 $220,948 -- --
2023 $4,888 $379,200 $0 $379,200
2022 $2,078 $173,473 $0 $0
2021 $2,031 $168,420 $0 $0
2020 $2,025 $166,095 $0 $0
2019 $1,945 $162,361 $0 $0
2018 $3,089 $220,100 $0 $220,100
2017 $1,513 $127,913 $0 $0
2016 $1,497 $195,300 $0 $195,300
2015 $1,520 $177,000 $0 $177,000
2014 $1,518 $121,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Diane Shane

    Seller's Agent in 2023

    Diane Shane

    ROBERTS REALTY INC

    (941) 544-6761

    4 in this area

    11 Total Sales

    Diane Shane
    Section Image
  • Mischelle Gray

    Buyer's Agent in 2023

    Mischelle Gray

    LIV SARASOTA REALTY

    (941) 366-0555

    1 in this area

    57 Total Sales

    Mischelle Gray
    Section Image
  • Brett Keyser, Jr

    Seller's Agent in 2018

    Brett Keyser, Jr

    RE/MAX

    (941) 957-8425

    1 in this area

    186 Total Sales

    Brett Keyser, Jr
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4545295

Stellar MLS

APN: 0073-14-1006

Florida Sarasota County Sarasota 34231 Ridge Wood Heights

3173 Lake Park Ln Unit 6, Sarasota, FL

This home is located at 3173 Lake Park Ln Unit 6, Sarasota, FL 34231 since 20 August 2022 and is currently estimated at $392,377, approximately $225 per square foot. This property was built in 1987. 3173 Lake Park Ln Unit 6 is a home located in Sarasota County with nearby schools including Riverview High School, Wilkinson Elementary School, and Brookside Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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