NOT LISTED FOR SALE

4800 Rilma Ave Unit 147 Sarasota, FL 34234

Bayou Oaks Neighborhood

Estimated Value: $145,233 - $173,000

3 Beds
2 Baths
993 Sq Ft
$390/mo HOA Fee

Last Sold March 14, 2019

Last sale price $103,500 $104 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,371/month

25 Days on Market

Highlights

  • Pond View
  • Clubhouse
  • Community Pool
  • Booker High School Rated A-
  • Mature Landscaping
  • 2-minute walk to North Water Tower Park

About This Home

As of March 2019

If you are looking for a GREAT affordable maintenance-free home, located near downtown Sarasota, Ringling, New College & USF - this is IT! Three bedroom 2 bath unit (rarely available) has new subfloors, new driftwood tone wide plank laminate floors, new baseboards, new HVAC, new water heater, new plumbing stacks, new bathroom faucets & a recently remodeled master bathroom too! This well cared for Top floor unit is quiet and spacious with a view of the pond and natural surroundings from the living room window. Summer Lakes is tucked away in a quiet enclave enveloped by mature landscaping with a lake, park, walking trail, frisbee disc course, bikepath nearby, bus route with direct downtown access or easy access to the airport, UTC and other area attractions. Restaurants, churches and waterfront nearby with onsite laundry and Summer lakes features a clubhouse and pool for those hot summer days. Come see this unit and see for yourself why this is such a great place to live!

Last Agent to Sell the Property

Rachel McCoy

COLDWELL BANKER REALTY License #3294805 Listed on: 02/02/2019

COLDWELL BANKER REALTY

Last Buyer's Agent

Christy Peterson

SERHANT License #3336588

SERHANT

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,128

Year Built

  • Built in 1975

Lot Details

  • North Facing Home
  • Mature Landscaping
  • Land Lease expires 5/1/19

HOA Fees

  • $390 Monthly HOA Fees

Home Design

  • Elevated Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 993 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Pond Views

Kitchen

  • Range with Range Hood
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, community pool, escrow reserves fund, fidelity bond, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, sewer, trash, water
  • Progressive Community Mgmt Association, Phone Number (941) 921-5393
  • Visit Association Website
  • Summer Lakes Community
  • Summer Lakes 2 Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Pets up to 25 lbs
  • 2 Pets Allowed

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,128

Year Built

Built in 1975

Lot Details

0

HOA Fees

$390 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Fidelity Bond, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Elevated, Other
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 993
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 993
  • Directions to Property: Take University Pkwy West to Bradenton Rd and go south. Take a right at the round about on 47th street, Right on Rilma Ave.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4425204&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4425204&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Property Description: Elevated
  • Ratio: Close Price\List Price: 0.9
  • Price per Sq Ft: 104.23
  • Close to Original List Price Ratio: 0.9
  • Ratio: Current Price\Building Area Total: 104.23
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Estimated
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Electric Water Heater, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 2
  • Street Number Modifier: 4800
  • Room Count: 3
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: North
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: None
  • Water View: Pond
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0043F
  • Disclosures: Lead Paint

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Pool, Sidewalk
  • Association Amenities: Cable TV, Clubhouse, Laundry, Lobby Key Required, Maintenance, Pool
  • Association Fee: 390
  • Association Fee Frequency: Monthly
  • Association Name: Progressive Community Mgmt
  • Phone: (941) 921-5393
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Website: http://www.pcmfla.com/progressive/outside_home.asp
  • Association Email: office@pcmfla.com
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 4680
  • Monthly HOA Fee: 390
  • Total Monthly Fees: 390

Lot Info

  • Zoning: RMF3
  • Parcel Number: 2001162011
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • Land Lease Expiration Date: 2019-05-01
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 25
  • Minimum Lease: 3 Months
  • Approval Process: Application plus $100 application fee must be submitted to property management co.
  • Num Timesper Year: 2
  • Pet Restrictions: Domestic pets only Pets exceeding 25 pounds at maturity are not permitted must be on leash when outdoors Pets must be approved by association at application to purchase or lease Check with Association for any further restrictions
  • Lease Restrictions Y N: Yes
  • Currency Monthly Rent Amt: 800
  • Month To Month Or Weekly Y N: No
  • Additional Lease Restrictions: Must be approved by association

Tax Info

  • Tax Annual Amount: 1128
  • Tax Book Number: 10-18
  • Tax Lot: 147

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2019
Closed on
Mar 13, 2019
Sold by
Katz Seton
Bought by
Lee Martin Francis and Lee Martin Nancy
Seller's Agent
Rachel McCoy
COLDWELL BANKER REALTY
Buyer's Agent
Christy Peterson
SERHANT
List Price
$115,000
Sold Price
$103,500
Premium/Discount to List
-$11,500
-10%
Current Estimated Value
$155,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,808
Avg. Annual Appreciation
6.21%

Purchase Details

Closed on
Jun 7, 2017
Sold by
Scott Mark J
Bought by
Katz Seton

Purchase Details

Closed on
Feb 12, 2015
Sold by
Scott Marilyn R
Bought by
Scott Mark J
Source: Public Records

Range of Values:

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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
Lee Martin Francis $103,500 Integrity Title Services Inc
Katz Seton $76,500 Attorney
Scott Mark J -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2019 03/14/19 Sold $103,500 -10.0% $104 / Sq Ft
02/26/2019 02/26/19 Pending -- -- --
02/01/2019 02/01/19 For Sale $115,000 -- $116 / 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 $1,621 $94,900 -- --
2023 $1,621 $107,300 $0 $107,300
2022 $1,589 $112,600 $0 $112,600
2021 $1,295 $71,300 $0 $71,300
2020 $1,273 $68,200 $0 $68,200
2019 $1,149 $60,700 $0 $60,700
2018 $1,128 $59,300 $0 $59,300
2017 $1,010 $51,400 $0 $51,400
2016 $1,038 $51,600 $0 $51,600
2015 $278 $40,800 $0 $40,800
2014 $274 $29,391 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4425204

Stellar MLS

APN: 2001-16-2011