NOT LISTED FOR SALE

4865 Cedar Oak Way Sarasota, FL 34233

Estimated Value: $714,000 - $824,000

3 Beds
3 Baths
2,940 Sq Ft
$265/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $604,000 $205 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,660/month

53 Days on Market

Highlights

  • 78 Feet of Waterfront
  • Screened Pool
  • Open Floorplan
  • Ashton Elementary School Rated A
  • Lake View
  • Deck

About This Home

As of December 2020

EXECUTIVE HOME with LAKE VIEW. This is a spacious 2940 sq ft home with 3 bedrooms, a large den / office and 3 full bathrooms. As you enter this home through glass pane double doors you will be welcomed by architectural details not seen at this price range. Volume ceilings to 12'...Built-ins from floor to ceiling. Multiple arches, niches, transom windows...upgraded trim finishes, 8' doors, crown molding...upgraded lighting fixtures...upgraded diagonal laid tile flooring. Gourmet kitchen with built-in appliances, granite countertops and stainless steel high end appliances. The large bonus room is in the back of the house has over-sized windows with views of the lake. Over-sized windows and sliding doors throughout the home allow in an abundance of natural light. Fantastic outdoor living with a large pool and fountain feature, two under roof lanais and screened cage on a large lake. Middle lake lot location faces west for spectacular sunsets. Don’t call the mover, all furniture are included. Short distance to beaches, malls, everything!

Last Agent to Sell the Property

Frank Zeckel

COLDWELL BANKER REALTY License #3213658 Listed on: 09/30/2020

COLDWELL BANKER REALTY

Last Buyer's Agent

Michelle Crabtree

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0359048

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,494

Year Built

  • Built in 2000

Lot Details

  • 0.25 Acre Lot
  • 78 Feet of Waterfront
  • Lake Front
  • West Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Land Lease expires 11/3/20
  • Property is zoned RSF2

HOA Fees

  • $38 Monthly HOA Fees

Parking

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

Home Design

  • Spanish Architecture
  • Tile Roof
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,940 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Bar Fridge
  • Crown Molding
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Shutters
  • Blinds
  • Rods
  • Lake Views
  • Basement

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Hurricane or Storm Shutters

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Fence Around Pool
  • Pool Lighting

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting

Schools

  • Ashton Elementary School
  • Sarasota Middle School
  • Riverview High School

Utilities

  • Zoned Heating and Cooling
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Jim Faix Association, Phone Number (941) 321-2370
  • Visit Association Website
  • Three Oaks Community
  • Three Oaks Subdivision
  • Rental Restrictions

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,494

Year Built

Built in 2000

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2940
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 2000
  • Lot Size Sq Ft: 10775
  • Directions to Property: East on Proctor Road - Turn right onto Three Oaks Blvd - Turn left onto Oak Crest Blvd - Turn right onto Cedar Oak. Home is on the left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4478848?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4478848?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.94523
  • Price per Sq Ft: 205.44
  • Close to Original List Price Ratio: 0.94523
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, High Ceiling(s), Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Tray Ceiling(s), Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
  • Foundation Details: Basement
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Blinds, Rods, Shutters, Window Treatments
  • Street Number Modifier: 4865
  • Room Count: 8

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated, In Ground, Lighting, Screen Enclosure
  • Exterior Features: Hurricane Shutters, Irrigation System, Lighting
  • Roof: Built-Up, Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Enclosed, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Waterfront Frontage: 78
  • Water Frontage Feet Lake: 78
  • Disclosures: Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Phone Available, Public, Street Lights, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Playground
  • Association Fee: 450
  • Association Fee Frequency: Annually
  • Association Name: Jim Faix
  • Phone: 941-321-2370
  • Association: Yes
  • Security: Security System
  • Senior Community: No
  • Association Website: www.ThreeOaksHoa.com
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 450
  • Monthly HOA Fee: 37.5
  • Total Monthly Fees: 37.5

Schools

  • Elementary School: Ashton Elementary
  • High School: Riverview High
  • Middle Or Junior School: Sarasota Middle

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0093030023
  • Additional Parcels: No
  • Lot Features: Sidewalk
  • Flood Zone Code: X
  • Land Lease Expiration Date: 2020-11-03

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: 1 Month minimum

Tax Info

  • Tax Annual Amount: 5493.65
  • Tax Book Number: 39-13
  • Tax Lot: 418

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2020
Closed on
Dec 18, 2020
Sold by
Merkert Christoph and Merkert Ingeborg
Bought by
Carol Paul and Hippenmeyer Carol
Seller's Agent
Frank Zeckel
COLDWELL BANKER REALTY
Buyer's Agent
Michelle Crabtree
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$639,000
Sold Price
$604,000
Premium/Discount to List
-$35,000
-5.48%
Current Estimated Value
$779,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,543
Avg. Annual Appreciation
5.45%

Purchase Details

Closed on
Mar 25, 2017
Sold by
Merkert Christoph and Merkert Ingeborg
Bought by
Merkert Christoph and Merker Ingeborg

Purchase Details

Closed on
Mar 1, 2017
Bought by
Merkert Family Revocable Trust

Purchase Details

Closed on
Apr 18, 2016
Sold by
Souza John H and Souza Melanie C
Bought by
Merkert Christoph and Merkert Ingeborg

Purchase Details

Closed on
Oct 30, 2002
Sold by
Butler David J
Bought by
Souza John H and Souza Melanie C

Purchase Details

Closed on
Feb 5, 1999
Sold by
Kemmons Wilson Inc
Bought by
Butler David J and Butler Lisa Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.8%
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
Carol Paul $604,000 Attorney
Merkert Christoph -- None Available
Merkert Family Revocable Trust $100 --
Merkert Christoph $539,000 Attorney
Souza John H $425,000 --
Butler David J $69,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Butler David J $256,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Sold $604,000 -5.5% $205 / Sq Ft
11/21/2020 11/21/20 Pending -- -- --
09/29/2020 09/29/20 For Sale $639,000 -- $217 / 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 $5,675 $480,691 -- --
2023 $5,675 $466,690 $0 $0
2022 $5,503 $453,097 $0 $0
2021 $5,443 $439,900 $118,700 $321,200
2020 $5,444 $396,300 $98,400 $297,900
2019 $5,494 $404,700 $99,900 $304,800
2018 $5,438 $401,500 $102,400 $299,100
2017 $5,732 $417,700 $102,400 $315,300
2016 $4,083 $408,800 $86,300 $322,500
2015 $4,154 $358,500 $66,200 $292,300
2014 $4,139 $307,339 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4478848

Stellar MLS

APN: 0093-03-0023