NOT LISTED FOR SALE

401 E Lake Dr Sarasota, FL 34232

Estimated Value: $363,000 - $393,000

3 Beds
2 Baths
1,416 Sq Ft
$267/Sq Ft Est. Value

Last Sold December 08, 2022

Last sale price $385,000 $272 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,303/month

17 Days on Market

Highlights

  • Oversized Lot
  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • Sarasota High School Rated A-
  • Laundry Room
  • South Facing Home

About This Home

As of December 2022

HUGE LOT!!! Beautiful home on 1/3 Acre with a large private back yard for all your outdoor activities. Come see the updates that have been made to the home noticeably the impact hurricane rated windows, bathroom, and the kitchen cabinetry (soft close). Location is everything and this home is conveniently located near the interstate, restaurants, schools, retail centers, medical centers and close to our beautiful Florida beaches. The large yard affords room for a pool, too. Sherwood Estates has no deed restrictions or mandatory HOA so you can store a boat and/or an RV on the property. HOA voluntary fee is $65.00 yearly. This is the place to call HOME.

Last Agent to Sell the Property

Mike Stutzman

EXIT KING REALTY License #3454359 Listed on: 09/19/2022

EXIT KING REALTY

Last Buyer's Agent

Frank DiNardo

SECURE CAPITAL License #3406114

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,901

Year Built

  • Built in 1959

Lot Details

  • 0.33 Acre Lot
  • South Facing Home
  • Oversized Lot
  • Property is zoned RSF1

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,416 Sq Ft Home
  • 1-Story Property
  • Carpet

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Thermostat
  • Well
  • Electric Water Heater
  • Septic Tank
  • Fiber Optics Available
  • Phone Available
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Sherwood Estates Community
  • Sherwood Estates 3 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,901

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1416
  • Lot Size Acres: 0.33
  • New Construction: No
  • Year Built: 1959
  • Lot Size Sq Ft: 14517
  • Status: Sold
  • Street Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4546941?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4546941?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.9625
  • Price per Sq Ft: 271.89
  • Close to Original List Price Ratio: 0.9625
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Interior Amenities: Master Bedroom Main Floor, Thermostat
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Room Count: 9
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • 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

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Fiber Optics, Phone Available
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Optional
  • Association Approval Required YN: No

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0045110009
  • Additional Parcels: No
  • Lot Features: Oversized Lot
  • Flood Zone Code: x
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 2901.43
  • Tax Book Number: 10-61
  • Tax Lot: 94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2022
Closed on
Dec 7, 2022
Sold by
Stutzman Michael L and Stutzman Michele R
Bought by
Pergolese Andre Joseph
Seller's Agent
Mike Stutzman
EXIT KING REALTY
Buyer's Agent
Frank DiNardo
SECURE CAPITAL
List Price
$400,000
Sold Price
$385,000
Premium/Discount to List
-$15,000
-3.75%
Views
33
Current Estimated Value
$378,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,767
Avg. Annual Appreciation
-0.58%
Original Mortgage
$327,250
Outstanding Balance
$316,694
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$61,539

Purchase Details

Closed on
Jun 24, 2005
Sold by
Kenes James E and Kenes Dorothy J
Bought by
Stutzman Michael L and Stutzman Michele R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,050
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 14, 1997
Sold by
Zeedyk Leroy and Zeedyk Lorraine
Bought by
Robinson Gary
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pergolese Andre Joseph $385,000 None Listed On Document
Stutzman Michael L $237,100 --
Robinson Gary $73,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pergolese Andre Joseph $327,250
Previous Owner Stutzman Michael L $154,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2022 12/08/22 Sold $385,000 -3.8% $272 / Sq Ft
10/07/2022 10/07/22 Pending -- -- --
09/19/2022 09/19/22 For Sale $400,000 -- $282 / 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 $3,860 $282,500 $153,300 $129,200
2024 $4,016 $321,000 $164,600 $156,400
2023 $4,016 $338,100 $175,000 $163,100
2022 $3,537 $297,800 $145,900 $151,900
2021 $2,901 $199,300 $71,800 $127,500
2020 $1,361 $108,511 $0 $0
2019 $1,293 $106,071 $0 $0
2018 $1,243 $104,093 $0 $0
2017 $1,233 $101,952 $0 $0
2016 $1,221 $147,300 $72,700 $74,600
2015 $1,237 $140,500 $68,800 $71,700
2014 $1,230 $96,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4546941

Stellar MLS

APN: 0045-11-0009