NOT LISTED FOR SALE

4962 Oak Run Dr Unit 225 Sarasota, FL 34243

Estimated Value: $334,000 - $426,000

3 Beds
2 Baths
1,635 Sq Ft
$200/mo HOA Fee

Last Sold September 21, 2023

Last sale price $295,000 $180 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,663/month

4 Days on Market

Highlights

  • Golf Course Community
  • Lake View
  • Vaulted Ceiling
  • Access To Pond
  • Open Floorplan
  • Great Room

About This Home

As of September 2023

Great handyman home for the value! This villa is perfect if you are an investor, first time home buyer, or a snowbird looking for a nest. Maintenance free, stand alone home located in Palm Aire right next to the community pool. This lake front home needs TLC but will be an amazing property with your touch.
3 bedrooms, 2 bathrooms, and 2 car garage with a large lot and zero CDDs. Soaring ceilings and very Open floor plan. Spacious primary with a slider to lanai. Lanai has a nice lake view. Possible leak in primary bathroom and the estate is not repairing. This unit is located in the very lovely Palm-Aire community, which is in an AWESOME location for golfing, walking trails, The University corridor with shops, dining, the UTC mall, Benderson park, Sarasota airport, downtown Sarasota is roughly 10 MINUTES away, don't forget the beautiful beaches Sarasota has to offer! Palm Aire Country Club (with optional membership) is MINUTES from this home, and the champions course was recently renovated tee to green! The roof is 2007 and the ceiling has a long crack that was from 2007, and this property is not located in a flood zone. Come see this spacious unit and make it your new place to call home, Cash only or renovation loan. AVAILABLE TO SHOW AT A MOMENT'S NOTICE.

Last Agent to Sell the Property

Jessica Ross, PA

COLDWELL BANKER REALTY Brokerage Phone: 941-907-1033 License #3037363 Listed on: 06/18/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

Punit Patel

COLDWELL BANKER REALTY License #3432073

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,872

Year Built

  • Built in 1990

Lot Details

  • Northwest Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Lake
  • Pond

Home Design

  • Villa
  • Entry on the 1st floor
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,635 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Partially Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Access To Pond
  • Access To Lake
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Schools

  • Kinnan Elementary School
  • Braden River Middle School
  • Braden River High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, ground maintenance, management
  • C&S Management/Jennifer Johnson Association, Phone Number (941) 377-3419
  • Visit Association Website
  • Pinehurst Village Community
  • Pinehurst Village Sec 1 Ph B&G Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets up to 75 lbs
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,872

Year Built

Built in 1990

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • HOA Fee Includes: Pool, Maintenance Grounds, Management, Pool
  • Property Type: Residential
  • Property Sub Type: Villa
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1635
  • Lot Size Acres: 0.09
  • New Construction: No
  • Year Built: 1990
  • Building Area Total: 2329
  • Lot Size Sq Ft: 4060
  • Directions to Property: I-75 to University West. Turn right on Lockwood Ridge Road. Turn right on Oak Run . Follow Oak Run drive to 4963 Oak Run Drive. House will be on the right.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 3 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 180.43
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 4962
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Great Room,Inside Utility
  • Living Area Meters: 151.90
  • Room Count: 7

Exterior Features

  • Direction Faces: Northwest
  • Exterior Features: Lighting, Rain Gutters, Sliding Doors
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Rear Porch, Screened
  • Road Surface Type: Paved
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Lake,Pond
  • Water Extras YN: 0
  • Water View: Lake,Pond
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2021-08-10
  • Flood Zone Panel: 12081C0336F

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Golf, Pool, Tennis Courts
  • Association Amenities: Golf Course, Maintenance, Pool, Tennis Court(s)
  • Association Name: C&S Management/Jennifer Johnson
  • Phone: 941-377-3419X114
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Please see condo documents Rules & Regs
  • Building Name Number: 4962
  • Condo Fees: 200
  • Condo Land Included YN: 1
  • Max Pet Weight: 75
  • Montly Maint Amt Addition To HOA: 60
  • Association Email: JJohnson@cscmsi.com
  • Monthly Condo Fee Amount: 200
  • Pet Size: Large (61-100 Lbs.)
  • Association URL: www.cscmsi.com

Fee Information

  • Total Annual Fees: 3120.00
  • Total Monthly Fees: 260.00
  • Other Fees Term: Monthly

Schools

  • Elementary School: Kinnan Elementary
  • High School: Braden River High
  • Middle Or Junior School: Braden River Middle

Lot Info

  • Zoning: PDR
  • Parcel Number: 1947533657
  • Additional Parcels: No
  • Lot Features: Landscaped, Paved
  • Flood Zone Code: x
  • Homestead YN: 1
  • Lot Size Square Meters: 377

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Partially
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please see condo documents. Only 9 units can be leased during the same time period.

Tax Info

  • Tax Annual Amount: 1872
  • Tax Book Number: 1390-6966
  • Tax Lot: 225

Multi Family

  • Approval Process: Please see condo documents

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2024
Sold by
J Homes Group Llc
Bought by
Mumma Adin David and Mumma Jade Carol
Current Estimated Value
$380,067

Purchase Details

Listed on
Jun 18, 2023
Closed on
Aug 15, 2023
Sold by
Brady Timothy and Corbett Suzanne
Bought by
J Homes Group Llc
Seller's Agent
Jessica Ross, PA
COLDWELL BANKER REALTY
Buyer's Agent
Punit Patel
COLDWELL BANKER REALTY
List Price
$350,000
Sold Price
$295,000
Premium/Discount to List
-$55,000
-15.71%
Views
163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.36%
Original Mortgage
$308,425
Interest Rate
6.34%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 10, 2001
Sold by
Corbelt Suzanne E and Saar Florence M
Bought by
Corbelt Suzanne E
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
Mumma Adin David $460,000 Albatross Title
J Homes Group Llc $295,000 None Listed On Document
Corbelt Suzanne E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner J Homes Group Llc $308,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2023 09/21/23 Sold $295,000 -15.7% $180 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
06/18/2023 06/18/23 For Sale $350,000 -- $214 / 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 $5,381 $348,930 $51,000 $297,930
2024 $5,381 $352,477 $51,000 $301,477
2023 $1,938 $154,041 $0 $0
2022 $1,872 $149,554 $0 $0
2021 $1,778 $145,198 $0 $0
2020 $1,824 $143,193 $0 $0
2019 $1,784 $139,974 $0 $0
2018 $1,756 $137,364 $0 $0
2017 $1,623 $134,539 $0 $0
2016 $1,610 $131,772 $0 $0
2015 $1,617 $130,856 $0 $0
2014 $1,617 $129,817 $0 $0
2013 $1,591 $127,899 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4573004

Stellar MLS

APN: 19475-3365-7