NOT LISTED FOR SALE

5022 Lakescene Place Sarasota, FL 34243

Estimated Value: $450,000 - $464,000

2 Beds
2 Baths
1,772 Sq Ft
$257/Sq Ft Est. Value

Last Sold February 14, 2019

Last sale price $290,000 $164 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,069/month

79 Days on Market

Highlights

  • 50 Feet of Waterfront
  • In Ground Pool
  • Lake View
  • Golf Course Community
  • Gated Community
  • Open Floorplan

About This Home

As of February 2019

Million $ water views from this villa style home in gated Avalon. A fabulous community in Palm Aire. Popular model with two bedrooms plus den, two baths, two car garage and very large screened lanai overlooking the water. Home has been well cared for and features a large flex space directly off the kitchen that can easily serve as family room, formal dining room or flexible second office. The kitchen is light and bright, very spacious and features a center island. Wake up to beautiful water views from the spacious master suite. The second bedroom with tile flooring is large and conveniently located to the second bath. The interior utility room features a free standing sink and storage cabinetry. Desirable plantation shutters are on all windows and new carpet just installed. Avalon enjoys a back golf cart gate and is just minutes to the optional and private Palm Aire Country Club. The very reasonable community fees include basic cable, lawn maintenance, heated community pool, and private road, exterior repainting every 7 years, roof pressure washing every 3 years, and annual backflow testing. Moments to bustling University Parkway area with the new Whole Foods, fabulous UTC mall, fantastic dining options and of course, just a quick drive to our world famous sugar sand beaches. The lanai and view from this villa are really a must see.. the lake sparkles and teems with wildlife.

Last Agent to Sell the Property

Nancy Eilerson

RE/MAX ALLIANCE GROUP License #3057079 Listed on: 11/02/2018

RE/MAX ALLIANCE GROUP

Co-Listed By

Christine Huxtable

RE/MAX ALLIANCE GROUP License #3076273

Last Buyer's Agent

Nancy Eilerson

RE/MAX ALLIANCE GROUP License #3057079 Listed on: 11/02/2018

RE/MAX ALLIANCE GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,909

Year Built

  • Built in 1999

Lot Details

  • 4,835 Sq Ft Lot
  • 50 Feet of Waterfront
  • Lake Front
  • End Unit
  • East Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees

HOA Fees

  • $195 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Villa
  • Property Attached
  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 1,772 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Sliding Doors
  • Combination Dining and Living Room
  • Den
  • Inside Utility
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Screened Patio
  • Rear Porch

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, ground maintenance, pool maintenance
  • Ami Doug Wilson Association, Phone Number (941) 359-1134
  • Palm Aire Community
  • Avalon At Village Of Palm Aire 1 Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, allowable golf cart usage in the community
  • Rental Restrictions

Recreation

  • Golf Course Community
  • Community Pool

Pet Policy

  • Pets up to 100 lbs
  • 2 Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,909

Year Built

Built in 1999

Lot Details

0

HOA Fees

$195 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Maintenance Grounds, Pool Maintenance
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Villa
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1772
  • Lot Size Acres: 0.11
  • New Construction: No
  • Year Built: 1999
  • Lot Size Sq Ft: 4835
  • Directions to Property: University to north on Whitfield. Turn left into Avalon and left on Lakescene Place
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4417864&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4417864&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Property Description: End Unit
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.93548
  • Price per Sq Ft: 163.66
  • Close to Original List Price Ratio: 0.93548
  • View: Yes
  • Co List Office Mls Id: 266509060
  • Co List Office Phone: 941-360-7777
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Window Features: Shutters
  • Street Number Modifier: 5022
  • Room Count: 6
  • Additional Rooms: Den/Library/Office, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite, In Ground
  • Exterior Features: Irrigation System, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Patio, Rear Porch, Screened
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0340E
  • Waterfront Frontage: 50
  • Water Frontage Feet Lake: 50
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Natural Gas Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Gated Community, Golf Carts OK, Golf, Pool, Sidewalk
  • Association Amenities: Gated, Pool
  • Association Fee: 585
  • Association Fee Frequency: Quarterly
  • Association Name: AMI Doug Wilson
  • Phone: 941-359-1134
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 2340
  • Monthly HOA Fee: 195
  • Total Monthly Fees: 195

Lot Info

  • Zoning: PDR/WPE/
  • Parcel Number: 1940603259
  • Additional Parcels: No
  • Lot Features: Sidewalk
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • Flood Zone Date: 2014-03-17
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Large (61-100 Lbs.)
  • Max Pet Weight: 100
  • Minimum Lease: 3 Months
  • Approval Process: Application submitted by tenant(s) to HOA.
  • Num Timesper Year: 2
  • Pet Restrictions: Common household cats and dogs
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Application submitted by tenant(s) to HOA.

Tax Info

  • Tax Annual Amount: 3909
  • Tax Book Number: 19-77)
  • Tax Lot: 25

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2025
Sold by
Archer Richard Elliott
Bought by
Howard Susan L
Current Estimated Value
$455,623

Purchase Details

Listed on
Nov 2, 2018
Closed on
Feb 14, 2019
Sold by
Altorfer Gloria F and Gloria F Altorfer Revocable Tr
Bought by
Archer Richard E
Seller's Agent
Nancy Eilerson
RE/MAX ALLIANCE GROUP
Buyer's Agent
Nancy Eilerson
RE/MAX ALLIANCE GROUP
List Price
$310,000
Sold Price
$290,000
Premium/Discount to List
-$20,000
-6.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%

Purchase Details

Closed on
Oct 12, 1999
Sold by
Whitehall Homes At Avalon Inc
Bought by
Altorfer Gloria F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.85%
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
Howard Susan L $100 None Listed On Document
Archer Richard E $290,000 Alliance Group Title Llc
Altorfer Gloria F $201,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Altorfer Gloria F $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2019 02/14/19 Sold $290,000 -6.5% $164 / Sq Ft
01/19/2019 01/19/19 Pending -- -- --
11/21/2018 11/21/18 For Sale $310,000 0.0% $175 / Sq Ft
11/08/2018 11/08/18 Pending -- -- --
11/01/2018 11/01/18 For Sale $310,000 -- $175 / 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 $5,881 $392,633 $51,000 $341,633
2024 $5,881 $430,985 $51,000 $379,985
2023 $5,749 $435,456 $51,000 $384,456
2022 $4,834 $327,554 $50,000 $277,554
2021 $4,133 $261,729 $40,000 $221,729
2020 $3,999 $240,954 $40,000 $200,954
2019 $3,914 $233,644 $40,000 $193,644
2018 $4,225 $250,620 $40,000 $210,620
2017 $3,909 $242,606 $0 $0
2016 $3,814 $231,804 $0 $0
2015 $3,410 $222,063 $0 $0
2014 $3,410 $200,774 $0 $0
2013 $3,206 $191,890 $27,500 $164,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4417864

Stellar MLS

APN: 19406-0325-9