NOT LISTED FOR SALE

5055 Lahaina Dr Sarasota, FL 34232

Estimated Value: $315,000 - $371,000

3 Beds
2 Baths
1,120 Sq Ft
$307/Sq Ft Est. Value

Last Sold January 03, 2024

Last sale price $390,000 $348 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $2,088/month

27 Days on Market

Highlights

  • Open Floorplan
  • Florida Architecture
  • No HOA
  • Sarasota High School Rated A-
  • Stone Countertops
  • Outdoor Shower

About This Home

As of January 2024

Price Reduction - $10,000. Established Vacation Rental Home. Whether you are looking for your next home or a positive cash flow investment (buy now and take advantage of the peak Jan - Mar rental season), this one is a great choice!! HOME -Seller has invested over $120K in upgrades to the home (1 Year Home Warranty included) and has given it the perfect modern coastal feel. This 3 Bed 2 bath home is light and bright, features an open floor plan, a focal point kitchen highlighted by beautiful quartz countertops, includes a backyard oasis, and sits on an oversized lot (plenty of room to park a boat, motor home, etc.). The home has an established short term rental history. COMMUNITY - No HOA, no CDD fees and not in a flood zone. Urfer family park which includes hiking / biking trails is just across the road. World Famous Siesta Key Beach, UTC district (Shopping, Dining, Entertainment), Downtown, The Bay, The Arts District, St. Armands Circle, I-75, and the Sarasota Airport are all a short drive away! Most furnishings available for purchase.

Last Agent to Sell the Property

Timothy Trojanowski

ALBERT WOOSTER & COMPANY Brokerage Phone: 941-350-1220 License #3335099 Listed on: 11/15/2023

Last Buyer's Agent

Spencer Robinson

PREFERRED SHORE LLC License #3442421

PREFERRED SHORE LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,491

Year Built

  • Built in 1958

Lot Details

  • 0.25 Acre Lot
  • South Facing Home
  • Wood Fence
  • Property is zoned RSF3

Parking

  • 1 Carport Space

Home Design

  • Florida Architecture
  • Turnkey
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Luxury Vinyl Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Exterior Lighting
  • Outdoor Storage

Schools

  • Brentwood Elementary School
  • Mcintosh Middle School
  • Sarasota High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ridgewood Estates Community
  • Ridgewood Estates 01St Add Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,491

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block, Wood Frame
  • Fireplace: No
  • Living Area: 1120
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1958
  • Building Area Total: 1120
  • Lot Size Sq Ft: 10975
  • Directions to Property: Take I-75 N to State Hwy 758/Bee Ridge Rd in Sarasota County. Take exit 207 From I-75 N toward FL- 758 W. Turn left onto State Hwy 758/Bee ridge Rd. Left on Lalani and then left on Lahina.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Available for Lease YN: 1
  • Escrow City: Sarasota
  • Escrow Postal Code: 34236
  • Escrow State: FL
  • Escrow Street Name: Central Ave.
  • Escrow Street Number: 50
  • List Office Head Office Key Nume: 171439994
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 348.21
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-350-1220
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Open Floorplan, Stone Counters, Thermostat
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 5055
  • ResoLivingAreaSource: Owner
  • Living Area Meters: 104.05
  • Room Count: 7

Exterior Features

  • Direction Faces: South
  • Exterior Features: Lighting, Outdoor Shower, Storage
  • Roof: Shingle
  • Home Warranty: Yes
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0162F

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Brentwood Elementary
  • High School: Sarasota High
  • Middle Or Junior School: McIntosh Middle

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0063160008
  • Additional Parcels: No
  • Fencing: Wood
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 1020

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Turnkey
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 2491
  • Tax Book Number: 10-66
  • Tax Lot: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Jan 3, 2024
Sold by
Hunter Tracy S and Hunter Tracey M
Bought by
Cary R Yoder And Lorrain A Yoder Revocable Li and Yoder
Seller's Agent
Timothy Trojanowski
ALBERT WOOSTER & COMPANY
Buyer's Agent
Spencer Robinson
PREFERRED SHORE LLC
List Price
$425,000
Sold Price
$390,000
Premium/Discount to List
-$35,000
-8.24%
Views
31
Current Estimated Value
$344,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,688
Avg. Annual Appreciation
-4.98%

Purchase Details

Closed on
Jun 20, 2001
Sold by
Madonna Michael A
Bought by
Hunter Tracy S and Hunter Tracey M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.06%

Purchase Details

Closed on
Oct 5, 2000
Sold by
Madonna Barbara
Bought by
Madonna Michael A

Purchase Details

Closed on
Nov 13, 1996
Sold by
Weber Grace
Bought by
Weber Grace
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cary R Yoder And Lorrain A Yoder Revocable Li $390,000 None Listed On Document
Hunter Tracy S $68,000 --
Madonna Michael A -- --
Weber Grace -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hunter Tracy S $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2024 01/03/24 Sold $390,000 -6.0% $348 / Sq Ft
12/13/2023 12/13/23 Pending -- -- --
11/30/2023 11/30/23 Price Changed $415,000 -2.4% $371 / Sq Ft
11/15/2023 11/15/23 For Sale $425,000 -- $379 / 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 $2,711 $186,594 -- --
2023 $2,711 $208,200 $122,800 $85,400
2022 $2,491 $189,700 $113,700 $76,000
2021 $2,235 $148,100 $65,400 $82,700
2020 $2,055 $129,600 $51,500 $78,100
2019 $1,991 $135,200 $68,400 $66,800
2018 $1,922 $136,600 $64,000 $72,600
2017 $1,827 $95,752 $0 $0
2016 $1,722 $115,200 $53,000 $62,200
2015 $1,508 $89,500 $44,000 $45,500
2014 $1,407 $65,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4588450

Stellar MLS

APN: 0063-16-0008