NOT LISTED FOR SALE

3941 Mediterranea Cir Unit 123 Sarasota, FL 34233

South Gate Ridge Neighborhood

Estimated Value: $223,000 - $231,000

2 Beds
2 Baths
1,167 Sq Ft
$415/mo HOA Fee

Last Sold November 15, 2021

Last sale price $255,000 $219 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $1,866/month

35 Days on Market

Highlights

  • Gated Community
  • High Ceiling
  • Balcony
  • Riverview High School Rated A
  • Community Pool
  • Tile Flooring

About This Home

As of November 2021

PRICE REDUCTION!! We were in a multiple offer situation previously. Amazing opportunity to own a gated community condo with garage and community pool. Premium location! Walk to restaurants, gym and spa. Only 3.5 miles from Siesta Key Beach. 15 minutes to downtown. 5 minutes to I75. The best value in Sarasota for a 2 bed 2 bath condo with a garage in Sarasota. Bar none. You will not find another condo of this quality in this popular an area for this price. Owner has lovingly put beautiful quartz countertops and tile backsplash and accent tiles in the kitchen. Walk in Closet. If it is a rental property you are looking for, this condo rents well and rents fast to long term rentals only. Call for rent roll. Condos in this community do not last. HURRY!

Last Agent to Sell the Property

Roger Dare Slaalien

BRIGHT REALTY License #3347993 Listed on: 08/26/2021

BRIGHT REALTY

Last Buyer's Agent

Janelle Bates

YOUR TURN REALTY License #3454586

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,958

Year Built

  • Built in 2005

Lot Details

  • 4.23

HOA Fees

  • $415 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,167 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Balcony
  • South Facing Home

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, maintenance structure, ground maintenance, manager, pool maintenance, private road, security, sewer, trash, water
  • Roger Slaalien Association
  • Mediterranea Community
  • Mediterranea Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pets up to 35 lbs

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,958

Year Built

Built in 2005

Lot Details

0

HOA Fees

$415 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Private Road, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1167
  • New Construction: No
  • Year Built: 2005
  • Directions to Property: From Clark, Sawyer rd north 100 ft and gate is on left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4510609?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4510609?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.00433
  • Price per Sq Ft: 218.51
  • Close to Original List Price Ratio: 1.00039
  • View: No
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: High Ceiling(s), Living Room/Dining Room Combo
  • Appliances Included: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Street Number Modifier: 3941
  • Room Count: 7

Exterior Features

  • Direction Faces: South
  • Exterior Features: Balcony, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0163F

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Sewer: Public Sewer
  • Water Source: None
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community, Pool, Sidewalk
  • Association Fee Frequency: Quarterly
  • Association Name: Roger Slaalien
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 1245
  • Condo Fees Term: Quarterly
  • Association Email: Roger@rogerdare.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 415
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 4980
  • Total Monthly Fees: 415

Lot Info

  • Zoning: RMF2
  • Parcel Number: 0090141006
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04

Rental Info

  • Pets Allowed: Yes
  • Max Pet Weight: 35
  • Minimum Lease: 1 Month
  • Approval Process: 2 week approval process
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See condo docs for lease restrictions

Tax Info

  • Tax Annual Amount: 1958
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Nov 12, 2021
Sold by
Gerzeny Celine Renae and Lagasse Celine Renae
Bought by
Lutz David R and Lutz Gale M
Seller's Agent
Roger Dare Slaalien
BRIGHT REALTY
Buyer's Agent
Janelle Bates
YOUR TURN REALTY
List Price
$254,900
Sold Price
$255,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$226,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,205
Avg. Annual Appreciation
1.34%
Original Mortgage
$150,600
Outstanding Balance
$140,579
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$127,543

Purchase Details

Closed on
May 30, 2006
Sold by
Putnam Stephen J and Chevalier Putnam Caren A
Bought by
Gerzeny Celine Renae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.44%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 29, 2005
Sold by
Sawyer Lakes Apartments Llc
Bought by
Putnam Stephen J and Chevalier Putnam Caren A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,150
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac
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
Lutz David R $255,000 Attorney
Gerzeny Celine Renae $230,000 None Available
Putnam Stephen J $199,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lutz David R $150,600
Previous Owner Gerzeny Celine Renae $184,000
Previous Owner Putnam Stephen J $159,150
Previous Owner Putnam Stephen J $19,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2021 11/15/21 Sold $255,000 +0.4% $219 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/27/2021 09/27/21 Price Changed $253,900 -0.4% $218 / Sq Ft
09/21/2021 09/21/21 For Sale $254,900 0.0% $218 / Sq Ft
08/28/2021 08/28/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $254,900 -- $218 / 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 $2,971 $216,400 -- $216,400
2023 $2,971 $224,000 $0 $224,000
2022 $2,621 $187,500 $0 $187,500
2021 $2,045 $135,600 $0 $135,600
2020 $1,958 $126,900 $0 $126,900
2019 $1,957 $129,700 $0 $129,700
2018 $749 $66,239 $0 $0
2017 $748 $64,877 $0 $0
2016 $756 $107,300 $0 $107,300
2015 $765 $93,800 $0 $93,800
2014 $763 $65,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4510609

Stellar MLS

APN: 0090-14-1006