3715 Lokai Place Sarasota, FL 34232
4
Beds
2
Baths
1,186
Sq Ft
7,410
Sq Ft Lot
Highlights
- Solid Surface Countertops
- No HOA
- Shed
- Sarasota High School Rated A-
- Living Room
- Luxury Vinyl Tile Flooring
About This Home
As of June 2025Welcome to this centrally located 4-bedroom, 2-bath home in the heart of Sarasota, perfect for investors or homeowners seeking income potential. With no HOA or deed restrictions, this property offers flexibility for both short-term and long-term rentals. The layout features three separate entrances, ideal for privacy or dual-living arrangements. The spacious primary guest room includes its own private entry and spacious area, making it perfect for guests, tenants, or multigenerational living. Enjoy the fenced backyard with ample space for outdoor entertaining, pets, or future enhancements. A large shed provides additional storage. The house has a 2014 roof and a 2020 A/C system.Located just minutes from a wide variety of shopping and dining options, and only 5 miles to downtown Sarasota and 6 miles to world-famous Siesta Key Beach, this home blends convenience, comfort, and excellent rental potential. Don’t miss this rare opportunity to own a versatile property in central Sarasota!
Last Agent to Sell the Property
PREFERRED SHORE LLC Brokerage Phone: 941-999-1179 License #3418910 Listed on: 05/06/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,986
Year Built
- Built in 1961
Lot Details
- 7,410 Sq Ft Lot
- West Facing Home
- Level Lot
- Cleared Lot
- Property is zoned RSF3
Home Design
- Slab Foundation
- Shingle Roof
- Block Exterior
- Stucco
Interior Spaces
- 1,186 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Living Room
Kitchen
- Microwave
- Dishwasher
- Solid Surface Countertops
- Disposal
Flooring
- Luxury Vinyl Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Outdoor Features
- Shed
- Private Mailbox
Utilities
- Central Air
- Heating Available
- Thermostat
- Electric Water Heater
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
- Ridgewood Estates Community
- Ridgewood Estates Add 03 Resub 01 Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 117
- Assessor Parcel Number 0063100080
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 6, 2025
Closed on
Jun 5, 2025
Sold by
Stoyles Ryan John
Bought by
Rodriguez Leticia and Rodriguez Leonardo
Seller's Agent
Stephanie Merrithew
PREFERRED SHORE LLC
Buyer's Agent
Kenia Clavelo Cruz
SRQ INTERNATIONAL REALTY LLC
List Price
$315,000
Sold Price
$325,000
Premium/Discount to List
$10,000
3.17%
Views
10
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.00%
Original Mortgage
$10,000
Outstanding Balance
$10,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$322,508
Purchase Details
Listed on
Jun 30, 2022
Closed on
Oct 12, 2022
Sold by
Kelly Vaivasa
Bought by
Stoyles Ryan John
Seller's Agent
Ashley Moore
KELLER WILLIAMS ON THE WATER S
Buyer's Agent
Stephanie Merrithew
PREFERRED SHORE LLC
List Price
$349,900
Sold Price
$330,000
Premium/Discount to List
-$19,900
-5.69%
Views
63
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.57%
Original Mortgage
$302,197
Interest Rate
5.66%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 23, 2014
Sold by
Richard S Wennerstrand Llc
Bought by
Kelly Vaivasa and Becton Mekala
Purchase Details
Listed on
Mar 26, 2014
Closed on
Aug 8, 2014
Sold by
Point Piper Llc
Bought by
Richard S Wennerstrand Llc
Seller's Agent
Troy Funk
REALTY ONE GROUP SUNSHINE
List Price
$95,700
Sold Price
$75,000
Premium/Discount to List
-$20,700
-21.63%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.67%
Purchase Details
Listed on
Mar 26, 2014
Closed on
Jul 22, 2014
Sold by
U S Bank National Association
Bought by
Point Piper Llc
Seller's Agent
Troy Funk
REALTY ONE GROUP SUNSHINE
List Price
$95,700
Sold Price
$75,000
Premium/Discount to List
-$20,700
-21.63%
Purchase Details
Closed on
Feb 14, 2014
Sold by
Aguirre Armando and Gonzalez Laura S
Bought by
U S Bank National Association
Purchase Details
Closed on
Sep 15, 2004
Sold by
Restoration Fellowship
Bought by
Aguirre Armando and Gonzalez Laura S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,400
Interest Rate
7.6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 13, 1995
Sold by
Spiegel Nathan and Spiegel Miriam
Bought by
Harvey Linda C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
9.14%
Similar Homes in Sarasota, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $325,000 | Stewart Title Company | |
| Warranty Deed | $330,000 | New Title Company | |
| Warranty Deed | $153,000 | Integrity Title Services Inc | |
| Warranty Deed | $78,000 | Attorney | |
| Special Warranty Deed | $75,000 | Attorney | |
| Trustee Deed | $55,601 | None Available | |
| Corporate Deed | $143,000 | Executive Title Insurance Se | |
| Warranty Deed | $70,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $10,000 | New Conventional | |
| Open | $315,250 | New Conventional | |
| Previous Owner | $12,721 | New Conventional | |
| Previous Owner | $302,197 | FHA | |
| Previous Owner | $192,000 | Unknown | |
| Previous Owner | $114,400 | Purchase Money Mortgage | |
| Previous Owner | $19,027 | New Conventional | |
| Previous Owner | $56,000 | No Value Available | |
| Closed | $28,600 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2025 06/09/25 | Sold | $325,000 | +3.2% | $274 / Sq Ft |
| 05/08/2025 05/08/25 | Pending | -- | -- | -- |
| 05/06/2025 05/06/25 | For Sale | $315,000 | -4.5% | $266 / Sq Ft |
| 10/12/2022 10/12/22 | Sold | $330,000 | -5.7% | $278 / Sq Ft |
| 09/09/2022 09/09/22 | For Sale | $349,900 | 0.0% | $295 / Sq Ft |
| 09/09/2022 09/09/22 | Pending | -- | -- | -- |
| 08/29/2022 08/29/22 | Price Changed | $349,900 | -4.1% | $295 / Sq Ft |
| 07/11/2022 07/11/22 | Price Changed | $365,000 | -2.7% | $308 / Sq Ft |
| 06/30/2022 06/30/22 | For Sale | $375,000 | +400.0% | $316 / Sq Ft |
| 08/17/2018 08/17/18 | Off Market | $75,000 | -- | -- |
| 08/08/2014 08/08/14 | Sold | $75,000 | -3.2% | $63 / Sq Ft |
| 07/11/2014 07/11/14 | Pending | -- | -- | -- |
| 06/10/2014 06/10/14 | Price Changed | $77,500 | -9.9% | $65 / Sq Ft |
| 04/30/2014 04/30/14 | Price Changed | $86,000 | -10.1% | $73 / Sq Ft |
| 03/26/2014 03/26/14 | For Sale | $95,700 | -- | $81 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $2,951 | $250,000 | $115,200 | $134,800 |
| 2023 | $2,951 | $249,700 | $104,000 | $145,700 |
| 2022 | $2,767 | $219,100 | $96,300 | $122,800 |
| 2021 | $2,396 | $159,500 | $57,200 | $102,300 |
| 2020 | $2,253 | $146,300 | $48,000 | $98,300 |
| 2019 | $2,230 | $147,300 | $63,800 | $83,500 |
| 2018 | $2,171 | $144,000 | $57,800 | $86,200 |
| 2017 | $2,102 | $135,520 | $0 | $0 |
| 2016 | $1,984 | $123,800 | $46,600 | $77,200 |
| 2015 | $1,869 | $112,000 | $38,800 | $73,200 |
| 2014 | $1,158 | $46,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Stephanie Merrithew
Seller's Agent in 2025
Stephanie Merrithew
PREFERRED SHORE LLC
(941) 232-2751
3 in this area
27 Total Sales
-
Sarah Raynor
Seller Co-Listing Agent in 2025
Sarah Raynor
PREFERRED SHORE LLC
2 in this area
18 Total Sales
-
Kenia Clavelo Cruz
Buyer's Agent in 2025
Kenia Clavelo Cruz
SRQ INTERNATIONAL REALTY LLC
(941) 330-5931
5 in this area
47 Total Sales
-
Ashley Moore
A
Seller's Agent in 2022
Ashley Moore
KELLER WILLIAMS ON THE WATER S
(941) 803-7522
1 in this area
9 Total Sales
-
Alexandria Twigg
Seller Co-Listing Agent in 2022
Alexandria Twigg
KELLER WILLIAMS ON THE WATER S
(941) 320-0548
3 in this area
100 Total Sales
-
Troy Funk
Seller's Agent in 2014
Troy Funk
REALTY ONE GROUP SUNSHINE
(941) 587-8328
105 Total Sales
Map
Source: Stellar MLS
MLS Number: A4651598
APN: 0063-10-0080
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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