NOT LISTED FOR SALE

4951 Saddle Oak Trail Sarasota, FL 34241

Estimated Value: $1,194,000 - $1,734,000

4 Beds
4.5 Baths
3,822 Sq Ft
$401/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $1,600,000 $419 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $9,399/month

6 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Community Stables
  • Gated Community
  • Lakeview Elementary School Rated A
  • Screened Pool
  • Lake View

About This Home

As of July 2022

Discover the enchanting, gated community of SADDLE OAK ESTATES, a highly coveted equestrian neighborhood in SARASOTA! "Old Florida" charm with estate-property distinction. Experience tranquility and privacy at this custom-designed luxury residence, just under 4,000 square feet, with 4 bedrooms, 4.5 baths, office/den, an upstairs open loft and a bonus room. This is a rare find, situated on 5+ acres of natural beauty, peaceful elegance and endless possibilities!
Capture the WOW factor of having two separate gated entrances to impress your guests upon arrival, both with a long driveway leading to the house, that completely wrap around the massive sparkling lakefront, exhibiting such amazing curb appeal in front of this estate home.
Tons of outdoor living space equipped with a swimming pool and spa, summer kitchen grill, batting cage and even an outdoor balcony on the second level to enjoy the beautiful scenery and the nature views. Perfect for a growing family, a multigenerational family compound or even if you are just looking for seclusion... Country lifestyle at its absolute finest!
SHOUT OUT TO ALL MY CAR COLLECTOR FRIENDS! Are you still dreaming about finding a home to showcase all of your toys? There is plenty of room to build your luxury custom dream car garage (free consultation) to appreciate all that you have earned and keep it protected from the rain and sun. RV and Boat Lovers, this includes you. No more burden of paying ongoing storage costs and keep it close to home, as part of your sanctuary. You may build up to three structures on your property, including a barn for horses and/or cows or possibly a guest house (casita) to accommodate your family and friends, when they come to visit.
The Owner's retreat is located on the first floor and has just under 800 square feet, featuring a custom-tailored designed walk-in closet with an abundance of space to help you organize to perfection. The Owner's bath has two separate vanities, a jacuzzi garden tub, and a Roman-style shower. Ideal for entertaining, this home features tall glass doors leading to the outdoor living area, overlooking the sparkling swimming pool, ready for you to jump in and gave some fun! Call for more details and a private VIP tour!
Minutes to Sarasota's world famous powdered sandy beaches, minutes to Lakewood Ranch, Downtown Sarasota, shopping, restaurants, SRQ International Airport, I-75 and more. A-rated school district, with a multiple of charter schools to choose from, including Pine View, a full-time magnet school for the gifted, grades 2-12. Call us now for your VIP tour!

Last Agent to Sell the Property

Helene Frudakis

FLORIDA VIP REALTY INC License #3066483 Listed on: 06/03/2022

Co-Listed By

Billy Olivieri

License #3163853

Last Buyer's Agent

Ryan Ackerman

COLDWELL BANKER REALTY License #0695084

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,569

Year Built

  • Built in 2004

Lot Details

  • 5.13 Acre Lot
  • Lot Dimensions are 632 x 334
  • 200 Feet of Waterfront
  • Lake Front
  • West Facing Home
  • Oversized Lot
  • Irrigation
  • Property is zoned OUE

HOA Fees

  • $104 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway

Property Views

  • Lake
  • Woods

Home Design

  • Slab Foundation
  • Tile Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 3,822 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • French Doors

Kitchen

  • Built-In Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops
  • Disposal
  • Reverse Osmosis System

Flooring

  • Bamboo
  • Carpet
  • Porcelain Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Hurricane or Storm Shutters

Pool

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

Outdoor Features

  • Balcony
  • Screened Patio
  • Outdoor Kitchen
  • Exterior Lighting
  • Rain Gutters

Schools

  • Lakeview Elementary School
  • Sarasota Middle School
  • Riverview High School

Utilities

  • Zoned Heating and Cooling
  • Thermostat
  • Propane
  • Well
  • Electric Water Heater
  • Water Softener
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, escrow reserves fund
  • Harbor Management Services Association, Phone Number (305) 246-5867
  • Saddle Oak Estates Community
  • Saddle Oak Estates Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community

Recreation

  • Community Stables
  • Horses Allowed in Community

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,569

Year Built

Built in 2004

Lot Details

0

HOA Fees

$104 per month

Parking

3

Listing Details

  • HOA Fee Includes: Common Area Taxes, Escrow Reserves Fund
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Concrete, Stucco
  • Fireplace: Yes
  • Living Area: 3822
  • Lot Size Acres: 5.13
  • New Construction: No
  • Year Built: 2004
  • Lot Size Sq Ft: 223462
  • Directions to Property: Head south on I-75 to Clark Road. Head east on Clark Road about 6.8 miles then turn left on Saddle Oak Trail. House is on the right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4536891?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4536891?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 5 to less than 10
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.82051
  • Price per Sq Ft: 418.63
  • Close to Original List Price Ratio: 0.82051
  • View: Yes
  • Co List Office Mls Id: 281520923
  • Co List Office Phone: 941-960-7007
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Bamboo, Carpet, Porcelain Tile, Tile
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, High Ceiling(s), Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Kitchen Reverse Osmosis System, Microwave, Refrigerator, Washer, Water Softener
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Blinds
  • Street Number Modifier: 4951
  • Room Count: 6

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated, In Ground, Screen Enclosure
  • Exterior Features: Balcony, French Doors, Hurricane Shutters, Irrigation System, Lighting, Outdoor Kitchen, Rain Gutters, Sidewalk
  • Roof: Tile
  • Pool Private: Yes
  • View: Trees/Woods
  • Waterfront: Yes
  • Patio and Porch Features: Screened
  • Road Surface Type: Asphalt
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Waterfront Frontage: 200
  • Water Frontage Feet Lake: 200
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Fiber Optics, Propane
  • Cooling: Central Air, Zoned
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Gated Community, Golf Carts OK, Stable(s), Horses Allowed
  • Association Amenities: Gated
  • Association Fee: 312
  • Association Fee Frequency: Quarterly
  • Association Name: Harbor Management Services
  • Phone: 305-246-5867
  • Association: Yes
  • Security: Security System
  • Senior Community: No
  • Association Email: mvh@harbormanagement.us
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 1248
  • Monthly HOA Fee: 104
  • Total Monthly Fees: 104

Schools

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

Lot Info

  • Zoning: OUE
  • Parcel Number: 0277020022
  • Additional Parcels: No
  • Lot Features: Oversized Lot
  • Lot Dimensions: 632 x 334
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Approval Process: Association Approval Application in Attachments for Sale and any Lease.
  • Pet Restrictions: See HOA Docs
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 5568.71
  • Tax Book Number: 40-42
  • Tax Lot: 22

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Jul 15, 2022
Sold by
Oliveri William M
Bought by
Protigal James C and Protigal Melissa Glantz
Seller's Agent
Helene Frudakis
FLORIDA VIP REALTY INC
Buyer's Agent
Ryan Ackerman
COLDWELL BANKER REALTY
List Price
$1,950,000
Sold Price
$1,600,000
Premium/Discount to List
-$350,000
-17.95%
Current Estimated Value
$1,545,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$54,813
Avg. Annual Appreciation
-2.06%

Purchase Details

Closed on
Jul 1, 2014
Sold by
Olivieri Joseph F
Bought by
Olivieri William M

Purchase Details

Closed on
Feb 28, 2007
Sold by
Olivieri William Michael and Olivieri Paul
Bought by
Olivieri William Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.19%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 2, 2002
Sold by
Eilerman Trotter Lane P and Eilerman Trotter Lynne
Bought by
Olivieri William Michael and Olivieri Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,800
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2001
Sold by
Elliott James A
Bought by
Eilerman Trotter Lane P and Eilerman Trotter Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,792
Interest Rate
7.44%

Purchase Details

Closed on
May 24, 2000
Sold by
Us Home Corp
Bought by
Elliott James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,900
Interest Rate
8.14%
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
Protigal James C $1,600,000 Pflugner J Geoffrey
Olivieri William M -- None Available
Olivieri William Michael -- Nations Title Agency Inc
Olivieri William Michael $142,000 --
Eilerman Trotter Lane P $96,000 --
Elliott James A $89,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olivieri William Michael $170,000
Previous Owner Olivieri William Michael $650,000
Previous Owner Olivieri William Michael $127,800
Previous Owner Eilerman Trotter Lane P $77,792
Previous Owner Elliott James A $80,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $1,600,000 -17.9% $419 / Sq Ft
06/10/2022 06/10/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $1,950,000 -- $510 / 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 $10,022 $855,312 -- --
2023 $10,022 $830,400 $0 $0
2022 $5,621 $453,287 $0 $0
2021 $5,569 $440,084 $0 $0
2020 $5,587 $434,008 $0 $0
2019 $5,409 $424,250 $0 $0
2018 $5,294 $416,340 $0 $0
2017 $5,272 $407,777 $0 $0
2016 $5,262 $607,900 $188,800 $419,100
2015 $5,355 $586,700 $176,400 $410,300
2014 $5,336 $387,651 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4536891

Stellar MLS

APN: 0277-02-0022