NOT LISTED FOR SALE

5050 O Bar Rd Sarasota, FL 34241

Myakka Valley Ranches Neighborhood

Estimated Value: $991,000 - $1,145,284

4 Beds
2 Baths
2,860 Sq Ft
$366/Sq Ft Est. Value

Last Sold October 21, 2013

Last sale price $425,000 $149 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $6,145/month

62 Days on Market

Highlights

  • 800 Feet of Waterfront
  • Barn
  • Oak Trees
  • Lakeview Elementary School Rated A
  • Stables
  • Indoor Pool

About This Home

As of October 2013

Active with contract, pending inspections and mortgage approval. Perhaps the most meticulously maintained property in Myakka Valley. Enter through the front sitting room to the wide open living room (with wet bar) dining room combination. There is a largeseparate game room. 5 bedrooms, 2 baths, with master suite addition that includes a sitting room, a bath with hydro-massage and separate shower, as well as an office with separate entrance. The remodeled kitchen offers a view of the stock pond and fountain. Beautiful lanai with caged pool offers views of the expansive back yard, where you can watch deer and other wild life. There is also a 3 stall barn with tack room which was added in the last year. Many improvements in the last few years, including themetal roof, the replaced septic system and the newer well. Well has Kinetico purification system.

Last Agent to Sell the Property

Michael Wallace

CAPITAL REAL ESTATE ENTERPRISE License #0512213 Listed on: 06/19/2013

Last Buyer's Agent

Johnny Baez

DELUCA REALTY INC License #3242552

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,531

Year Built

  • Built in 1976

Lot Details

  • 5.51 Acre Lot
  • Home fronts a pond
  • 800 Feet of Waterfront
  • Property fronts a private road
  • Street terminates at a dead end
  • East Facing Home
  • Mature Landscaping
  • Level Lot
  • Oak Trees
  • Fruit Trees
  • Property is zoned OUE

HOA Fees

  • $36 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Pad
  • Rear-Facing Garage
  • Side Facing Garage
  • Garage Door Opener
  • Open Parking

Property Views

  • Pond
  • Woods

Home Design

  • Ranch Style House
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,860 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Dry Bar
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Bonus Room
  • Sauna

Kitchen

  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Attic

  • Thermal Attic Fan
  • Attic Ventilator

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • Indoor Pool
  • Screened Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Access To Pond
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Schools

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

Farming

  • Barn

Horse Facilities and Amenities

  • Zoned For Horses
  • Stables

Utilities

  • Central Heating and Cooling System
  • Heat or Energy Recovery Ventilation System
  • Underground Utilities
  • Well
  • Electric Water Heater
  • Water Purifier
  • Water Softener is Owned
  • Septic Tank
  • Satellite Dish

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Down Payment Assistance Available
  • Homestead Exemption
  • Visit Down Payment Resource Website
  • Tax Lot 223
  • Assessor Parcel Number 0591032230

Community Details

Overview

  • Myakka Valley Ranches Community
  • Myakka Valley Ranches Unit 4 Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,531

Year Built

Built in 1976

Lot Details

0

HOA Fees

$36 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Wood Frame
  • Fireplace: No
  • Living Area: 2860
  • Lot Size Acres: 5.51
  • New Construction: No
  • Year Built: 1976
  • Building Area Total: 4166
  • Lot Size Sq Ft: 239924
  • Directions to Property: Clark Road east to Myakka Valley Trail to end -- turn right about 75 yards, then left across bridge, then right on the continuation of Myakka Valley trail to a left on O Bar. House is on the left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3980027&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3980027&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 5 to less than 10
  • Home Warranty Y N: Yes
  • Subdivision Num: 1887
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.94444
  • Price per Sq Ft: 148.6
  • Close to Original List Price Ratio: 0.94444
  • Ratio: Current Price\Building Area Total: 102.02
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2012
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Attic, Attic Ventilator, Ceiling Fans(s), Crown Molding, Dry Bar, Living Room/Dining Room Combo, Open Floorplan, Sauna, Solid Surface Counters, Split Bedroom, Thermostat Attic Fan, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave Hood, Range, Refrigerator, Washer, Water Purifier Owned, Water Softener Owned
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Other Equipment: Satellite Dish
  • Spa Yn: Yes
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 5050
  • Room Count: 13
  • Additional Rooms: Attic, Bonus Room, Den/Library/Office, Family Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Other Structures: Barn(s), Stable(s)
  • Pool Features: Indoor, Screen Enclosure
  • Exterior Features: Hurricane Shutters, Lighting, Rain Gutters
  • Roof: Shingle
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End, Private Road
  • View: Trees/Woods, Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View: Pond
  • Water Access: Pond
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 800
  • Disclosures: HOA/PUD/Condo Disclosure, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Garage Faces Rear, Garage Faces Side, Parking Pad
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: Electricity Connected, Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Recovery Unit
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Park
  • Association Amenities: Park
  • Association Fee: 429
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 429
  • Total Monthly Fees: 35.75

Schools

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

Lot Info

  • Zoning: OUE
  • Parcel Number: 0591032230
  • Additional Parcels: No
  • Lot Features: In County, Level, Zoned for Horses
  • Millage Rate: 13.39
  • Flood Zone Code: X
  • Future Land Use: 0100
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2013-10-21T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 2531
  • Tax Book Number: 0023/0010
  • Tax Lot: 223

Multi Family

  • Waterfront Features: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2013
Closed on
Oct 21, 2013
Sold by
Roland Kenneth P and Roland Virginia A
Bought by
Cline Rodger D and Cline Melissa D
Seller's Agent
Michael Wallace
CAPITAL REAL ESTATE ENTERPRISE
Buyer's Agent
Johnny Baez
DELUCA REALTY INC
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%
Current Estimated Value
$1,047,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$622,821
Avg. Annual Appreciation
7.79%
Original Mortgage
$340,000
Outstanding Balance
$260,684
Interest Rate
4.57%
Mortgage Type
New Conventional
Estimated Equity
$774,223
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
Cline Rodger D $425,000 Sun Coast Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cline Rodger D $340,000
Previous Owner Roland Kenneth P $420,000
Previous Owner Roland Kenneth P $317,446
Previous Owner Ranelle Robert P $152,583
Previous Owner Ranelle Robert P $100,000
Previous Owner Ranelle Robert P $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2013 10/21/13 Sold $425,000 -5.6% $149 / Sq Ft
08/21/2013 08/21/13 Pending -- -- --
06/19/2013 06/19/13 For Sale $450,000 -- $157 / 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 $4,932 $403,936 -- --
2023 $4,932 $392,171 $0 $0
2022 $4,794 $380,749 $0 $0
2021 $4,732 $369,659 $0 $0
2020 $4,743 $364,555 $0 $0
2019 $4,589 $356,359 $0 $0
2018 $4,488 $349,714 $0 $0
2017 $4,469 $342,521 $0 $0
2016 $4,512 $408,400 $173,900 $234,500
2015 $4,589 $365,000 $158,100 $206,900
2014 $4,572 $191,863 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Michael Wallace

    CAPITAL REAL ESTATE ENTERPRISE

    (941) 350-1231

    1 in this area

    1 Total Sale

    Michael Wallace
    Section Image

  • J

    Buyer's Agent in 2013

    Johnny Baez

    DELUCA REALTY INC

    (941) 404-8414

    2 Total Sales

    Johnny Baez
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A3980027

Stellar MLS

APN: 0591-03-2230

Florida Sarasota County Sarasota 34241 Myakka Valley Ranches

5050 O Bar Rd, Sarasota, FL

This home is located at 5050 O Bar Rd, Sarasota, FL 34241 since 19 June 2013 and is currently estimated at $1,047,821, approximately $366 per square foot. This property was built in 1976. 5050 O Bar Rd is a home located in Sarasota County with nearby schools including Lakeview Elementary School, Riverview High School, and Sarasota Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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