NOT LISTED FOR SALE

5001 Saddle Oak Trail Sarasota, FL 34241

Estimated Value: $1,895,000 - $2,144,220

4 Beds
4.5 Baths
5,076 Sq Ft
$397/Sq Ft Est. Value

Last Sold May 08, 2023

Last sale price $2,000,000 $394 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $13,270/month

37 Days on Market

Highlights

  • Horse Property
  • Horses Allowed in Community
  • Custom Home
  • Lakeview Elementary School Rated A
  • Screened Pool
  • Gated Community

About This Home

As of May 2023

Come and celebrate the country lifestyle in prestigious Saddle Oak Estates, where tranquility and a peaceful way of life rules the day. Discover this highly coveted equestrian community with this 4 bedroom, 4.5 bath (5076 sqft) home built in 2016 by Gulf Pointe Homes. Beautifully situated on high and dry 5 acres. You will be impressed by the construction of poured concrete walls adding strength and safety. The interior is a blend of elegance and casual styling. Impressive foyer entry with inlay floor. Great room design with high, tray ceilings and imported Italian Porcelain tile floors. A Chef’s dream kitchen with center island work area and sink, solid Cherry cabinetry with an abundance of storage, miles of granite countertops, upgraded appliances include Thermador and Bosch, and spacious breakfast bar. Reverse osmosis services both sinks and refrigerator. The adjoining dining room overlooks the patio/pool area. The master suite is a true sanctuary with sitting area, custom built walk-in closet, luxurious master bath with walk-in shower, dual sinks (granite) and soaking tub. Additional rooms include study/office with custom built-ins and oversized bonus room (currently used as gym). The entire home is serviced with Culligan water filtration system, automatic generator, built in audio/speakers and 500-gallon propane tank. Picture yourself relaxing on the pavered patio area or taking a dip in the pool/spa. The outdoor kitchen is perfect for entertaining. Water and electricity have been connected to the back pad ideal for workshop and barn. This Sarasota gated community is complete with private horse trails. If you are looking for a premier country residence with all the luxury conveniences, then this is the place for you!

Last Agent to Sell the Property

Scott Rickards

RE/MAX ALLIANCE GROUP License #0582595 Listed on: 01/08/2023

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Jeff Cashmore

LOYD ROBBINS & CO. LLC License #0605903

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,126

Year Built

  • Built in 2016

Lot Details

  • 5.1 Acre Lot
  • West Facing Home
  • Oversized Lot
  • Level Lot
  • Flag Lot
  • Landscaped with Trees
  • Property is zoned OUE

HOA Fees

  • $104 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Pad
  • Workshop in Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Pond
  • Park or Greenbelt

Home Design

  • Custom Home
  • Slab Foundation
  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stone Siding
  • Stucco

Interior Spaces

  • 5,076 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Shades
  • Blinds
  • Drapes & Rods
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Den
  • Bonus Room
  • Workshop
  • Inside Utility
  • High Impact Windows

Kitchen

  • Eat-In Kitchen
  • Dinette
  • Convection Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal
  • Reverse Osmosis System

Flooring

  • Brick
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessibility Features

Pool

  • Screened Pool
  • Heated In Ground Pool
  • In Ground Spa
  • Gunite Pool
  • Fence Around Pool
  • Outdoor Shower

Outdoor Features

  • Horse Property
  • Enclosed Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters
  • Private Mailbox

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Water Filtration System
  • Well
  • Electric Water Heater
  • Water Purifier
  • Septic Tank
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Reclaimed Water Irrigation System
  • Pasture

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, security
  • Harbor Mgmt Services/ Michell Van Hook Association, Phone Number (305) 246-5867
  • Built by Gulf Pointe Homes
  • Saddle Oak Estates Community
  • Saddle Oak Estates Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community

Recreation

  • Horses Allowed in Community

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,126

Year Built

Built in 2016

Lot Details

0

HOA Fees

$104 per month

Parking

3

Listing Details

  • HOA Fee Includes: Common Area Taxes, Security
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Concrete, Other, Stone, Stucco
  • Fireplace: No
  • Living Area: 5076
  • Lot Size Acres: 5.1
  • New Construction: No
  • Year Built: 2016
  • Accessibility Features: Accessible Bedroom, Accessible Full Bath
  • Building Area Total: 7305
  • Lot Size Sq Ft: 222156
  • Directions to Property: I-75 exit 205. Head west on SR 72 (Clark Road) until entrance of Saddle oak on left side of road. Follow Saddle Oak Trail to property on right side of road.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1047486
  • Minimum Lease: 1 Month
  • Number Of Pets: 6
  • RATIO Current Price By Calculate: 394.01
  • Total Acreage: 5 to less than 10
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Other, Tile
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Accessibility Features, Built-in Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Kitchen Reverse Osmosis System, Microwave, Range, Range Hood, Refrigerator, Washer, Water Filtration System, Water Purifier, Whole House R.O. System
  • Foundation Details: Other, Slab
  • Total Bedrooms: 4
  • Levels: One
  • Other Equipment: Satellite Dish
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: Blinds, Drapes, Impact Glass/Storm Windows, Rods, Shades, Window Treatments
  • Street Number Modifier: 5001
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Den/Library/Office,Inside Utility
  • Living Area Meters: 471.58
  • Room Count: 13

Exterior Features

  • Direction Faces: West
  • Other Structures: Other
  • Pool Features: Gunite, Heated, In Ground, Screen Enclosure
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Private Mailbox, Rain Gutters, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Park/Greenbelt
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Screened
  • Road Surface Type: Paved
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View: Pond
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0190F
  • Farm Type: Horse

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Guest, Oversized, Parking Pad, Workshop in Garage

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Heat Pump, Zoned
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Golf Carts OK, Horses Allowed, Irrigation-Reclaimed Water
  • Association Amenities: Gated
  • Association Fee: 1250
  • Association Fee Frequency: Annually
  • Association Name: Harbor Mgmt Services/ Michell Van Hook
  • Phone: 305-246-5867
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: Per county.
  • Association Fee Requirement: Required
  • Association Email: assistant@harborms.com Elizabeth Martinez
  • Pet Size: Extra Large (101+ Lbs.)

Fee Information

  • Total Annual Fees: 1250.00
  • Total Monthly Fees: 104.17
  • Monthly HOA Amount: 104.17

Schools

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

Lot Info

  • Zoning: OUE
  • Parcel Number: 0277020021
  • Additional Parcels: No
  • Lot Features: Flag Lot, In County, Level, Oversized Lot, Pasture, Paved
  • Lot Dimensions: 390-612-375-499
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 20639
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Gulf Pointe Homes

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Per county

Tax Info

  • Tax Annual Amount: 14125.89
  • Tax Book Number: 40-42
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2023
Closed on
May 8, 2023
Sold by
Grimes Eric and Grimes Jeanette
Bought by
Micah And Holly Zeltwanger Living Trust
Seller's Agent
Scott Rickards
RE/MAX ALLIANCE GROUP
Buyer's Agent
Jeff Cashmore
LOYD ROBBINS & CO. LLC
List Price
$2,300,000
Sold Price
$2,000,000
Premium/Discount to List
-$300,000
-13.04%
Total Days on Market
37
Views
166
Current Estimated Value
$2,118,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,949
Avg. Annual Appreciation
2.38%

Purchase Details

Closed on
Oct 17, 2014
Sold by
Moldthan John and Moldthan Deborah
Bought by
Grimes Eric and Billett Jeanette

Purchase Details

Closed on
Jan 24, 2002
Sold by
899 Inc
Bought by
Moldthan John and Moldthan Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
7.08%
Source: Public Records

Range of Values:

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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
Micah And Holly Zeltwanger Living Trust $2,000,000 None Listed On Document
Grimes Eric $225,000 Attorney
Moldthan John $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moldthan John A $62,000
Previous Owner Moldthan John $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2023 05/08/23 Sold $2,000,000 -4.8% $394 / Sq Ft
02/15/2023 02/15/23 Pending -- -- --
02/01/2023 02/01/23 Price Changed $2,100,000 -8.7% $414 / Sq Ft
01/08/2023 01/08/23 For Sale $2,300,000 -- $453 / 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 $18,764 $1,617,900 $324,700 $1,293,200
2023 $18,764 $1,709,800 $293,000 $1,416,800
2022 $17,399 $1,583,400 $287,600 $1,295,800
2021 $14,126 $1,098,400 $166,600 $931,800
2020 $13,928 $1,059,600 $153,800 $905,800
2019 $14,823 $1,139,000 $176,000 $963,000
2018 $14,158 $1,085,000 $212,100 $872,900
2017 $14,797 $1,113,533 $0 $0
2016 $2,479 $188,400 $188,400 $0
2015 $2,381 $176,100 $176,100 $0
2014 $1,991 $117,794 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4556060

Stellar MLS

APN: 0277-02-0021