NOT LISTED FOR SALE

326 E Lake Dr Sarasota, FL 34232

Estimated Value: $581,000 - $618,000

4 Beds
3 Baths
2,152 Sq Ft
$275/Sq Ft Est. Value

Last Sold April 30, 2025

Last sale price $610,000 $283 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,354/month

33 Days on Market

Highlights

  • Lake Front
  • Guest House
  • Screened Pool
  • Sarasota High School Rated A-
  • Oak Trees
  • Whole House Reverse Osmosis System

About This Home

As of April 2025

A hidden gem in the middle of town, with a private mother in-law suite! Welcome to 326 E. Lake Drive, in the picturesque community of Sherwood Estates. Discover the ultimate in comfort and privacy with this spacious, four-bedroom, three-bath lakefront home, ideally designed for multi-generational living. You’ll have peace of mind knowing this home has undergone several updates, some of which includes a new roof, hurricane-impact windows and doors throughout, a whole-house Generac generator, 500-gallon buried propane tank, resurfaced 8ft deep pool, newer septic tank AND newer drain field, newer water heater, a water softener system, updated full property irrigation, an expanded pool cage and a 160-foot deep well. Boasting the best unobstructed lake views in the neighborhood, this home offers the rare opportunity for those looking for more space both inside and outside, all while on almost half an acre of your private paradise. As you walk through the front door, you’re instantly welcomed by a spacious open floor plan, providing an abundance of natural-light and views of the pool and lake. The recently renovated eat-in kitchen has been updated with quartz countertops, stainless steel appliances, a gorgeous oversized glass tile backsplash and a host of cabinetry storage. The popular split floor plan is highlighted by an expansive addition added onto one side of the home. The addition features a multi-use bonus room, a gorgeous primary bedroom with vaulted ceilings and a large walk-in closet with custom built-ins. The spacious and elegant en-suite bath boasts a separate soaking tub, elegant Italian-tiled shower, double vanities and linen closet for added storage. Through the primary bedroom is also a private dedicated office featuring beautiful maple built-in shelving as well as its entrance outside to the backyard. The entirety of the addition has also been equipped with hurricane-impact windows and sliders which offer expansive water views as well as direct lanai access. Perfect for multi-generational living or guest accommodations, this property also includes a second addition to the original floor plan. The recently constructed one-bedroom, one-bath mother in-law suite will make you feel like you're on a on a tropical vacation, with views of palm trees and the picturesque backyard. The in-law suite has its private entrance, a spacious walk-in closet, sitting room and kitchenette, with convenient ability to adjust the layout to fit your lifestyle. From there, step outside onto the expansive screened-in lanai, featuring recently installed brick pavers, a wet bar as well as a recently expanded section, equipped with an outdoor shower. Prepare to be wowed by not only the impressive size of the pool, but also by the stunning view of the entire lake. Enjoy swimming a few laps or watching the sun set across the water, while surrounded by the privacy of tropical plants and mature fruit trees including mango and avocado. This property is the dream of indoor and outdoor living. Sherwood Estates has no HOA fees and is centrally among a variety of shopping, restaurants and is less than three miles from Interstate 75, and less than four miles to downtown Sarasota. Homes in this neighborhood rarely come up for sale, so don’t miss out on this unparalleled lakefront lifestyle.

Last Agent to Sell the Property

Molly Laramie

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #3377371 Listed on: 02/13/2025

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Doris Edwards

A & D EDWARDS AMERICAN DREAM License #0242212

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,992

Year Built

  • Built in 1959

Lot Details

  • 0.38 Acre Lot
  • Lake Front
  • Northeast Facing Home
  • Mature Landscaping
  • Private Lot
  • Oversized Lot
  • Well Sprinkler System
  • Oak Trees
  • Fruit Trees
  • Garden
  • Property is zoned RSF1

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Secured Garage or Parking

Property Views

  • Lake
  • Woods

Home Design

  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,152 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Shades
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room
  • Den
  • Bonus Room
  • Inside Utility
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Cooking Island
  • Granite Countertops
  • Disposal
  • Whole House Reverse Osmosis System

Flooring

  • Carpet
  • Laminate
  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Private Water Closet
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall
  • Window or Skylight in Bathroom

Home Security

  • Home Security System
  • Storm Windows
  • Fire and Smoke Detector

Pool

  • Screened Pool
  • Lap Pool
  • In Ground Pool
  • Fence Around Pool
  • Outdoor Shower
  • Pool Tile

Outdoor Features

  • Access To Lake
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Rain Gutters
  • Private Mailbox

Schools

  • Fruitville Elementary School
  • Mcintosh Middle School
  • Sarasota High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Vented Exhaust Fan
  • Thermostat
  • Propane
  • Water Filtration System
  • 1 Water Well
  • Electric Water Heater
  • 1 Septic Tank
  • Private Sewer

Additional Features

  • Guest House
  • Property is near public transit

Community Details

  • No Home Owners Association
  • Sherwood Estates Community
  • Sherwood Estates 2 Subdivision
  • The community has rules related to deed restrictions
  • Community Lake

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,992

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 2152
  • Lot Size Acres: 0.38
  • New Construction: No
  • Year Built: 1959
  • Building Area Total: 3082
  • Lot Size Sq Ft: 16333
  • Status: Sold
  • Street Direction: E
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 286.33
  • Escrow State: FL
  • Minimum Lease: 1 Month
  • Number Of Pets: 10+
  • RATIO Current Price By Calculate: 283.46
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 1
  • MFR_CommunityAssociationWaterFeatures: Lake
  • MFR_InLawSuiteDescription: 1 Bathroom,1 Bedroom,Attached,Kitchenette,Private Entrance,Studio
  • Attribution Contact: 941-364-4000
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Tile, Terrazzo
  • Full Bathrooms: 3
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Water Filtration System, Whole House R.O. System
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Spa Yn: No
  • Window Features: Storm Window(s), Shades, Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Den/Library/Office,Family Room,Inside Utility,Interior In-Law Suite w/Private Entry
  • Living Area Meters: 199.93

Exterior Features

  • Direction Faces: Northeast
  • Other Structures: Guest House
  • Pool Features: In Ground, Lap, Screen Enclosure, Tile
  • Exterior Features: Garden, Lighting, Outdoor Kitchen, Outdoor Shower, Private Mailbox, Rain Gutters, Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • View: Trees/Woods, Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Front Porch, Patio, Screened
  • Road Surface Type: Paved
  • Water Access: Lake
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12115C0153G

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage

Utilities

  • Utilities: Private, Propane, Sprinkler Well
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Heat Pump, Propane, Zoned
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Private, Well
  • Number Of Septics: 1
  • Number of Wells: 1

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Street Lights
  • Association: No
  • Security: Secured Garage/Parking, Security System, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

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

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0045140037
  • Additional Parcels: No
  • Lot Features: In County, Landscaped, Near Public Transit, Oversized Lot, Private, Paved
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: **Please refer to Sarasota County rental regulations for all leasing restrictions

Tax Info

  • Tax Annual Amount: 2992
  • Tax Book Number: 10-43
  • Tax Lot: 60

Multi Family

  • Waterfront Features: Lake Front

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2025
Closed on
Apr 30, 2025
Sold by
Porter Ellen and Prunhuber Carol
Bought by
Tramel Timothy Y and Tramel Corinne
Seller's Agent
Molly Laramie
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Doris Edwards
A & D EDWARDS AMERICAN DREAM
List Price
$625,000
Sold Price
$610,000
Premium/Discount to List
-$15,000
-2.4%
Views
139
Current Estimated Value
$592,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,325
Avg. Annual Appreciation
-4.27%
Original Mortgage
$460,000
Outstanding Balance
$457,137
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$135,538

Purchase Details

Closed on
Nov 14, 2006
Sold by
Schlabach Scott R and Schlabach Natalia Y Bounkova
Bought by
Porter Ellen and Prunhuber Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2003
Sold by
Spangler Eugene D and Spangler Muriel M
Bought by
Schlabach Scott R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tramel Timothy Y $610,000 Gulf Breeze Title
Porter Ellen $280,000 Attorney
Schlabach Scott R $169,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tramel Timothy Y $460,000
Previous Owner Porter Ellen $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2025 04/30/25 Sold $610,000 -0.8% $283 / Sq Ft
03/18/2025 03/18/25 Pending -- -- --
03/12/2025 03/12/25 Price Changed $615,000 -1.6% $286 / Sq Ft
02/13/2025 02/13/25 For Sale $625,000 -- $290 / 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
2025 $2,992 $240,637 -- --
2024 $2,850 $233,855 -- --
2023 $2,850 $227,044 $0 $0
2022 $2,771 $220,431 $0 $0
2021 $2,753 $214,011 $0 $0
2020 $2,749 $211,056 $0 $0
2019 $2,646 $206,311 $0 $0
2018 $2,576 $202,464 $0 $0
2017 $2,466 $189,254 $0 $0
2016 $2,230 $229,300 $81,600 $147,700
2015 $2,263 $215,400 $78,900 $136,500
2014 $2,254 $163,127 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4640220

Stellar MLS

APN: 0045-14-0037