NOT LISTED FOR SALE

Estimated Value: $463,000 - $495,000

2 Beds
2 Baths
1,647 Sq Ft
$293/Sq Ft Est. Value

Last Sold November 19, 2024

Last sale price $515,000 $313 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,183/month

9 Days on Market

Highlights

  • Gated Community
  • Open Floorplan
  • High Ceiling
  • Brookside Middle School Rated A-
  • Main Floor Primary Bedroom
  • Solid Surface Countertops

About This Home

As of November 2024

Welcome to 5087 Flag St, a beautifully upgraded single-family home nestled in the Enclave at Forest Lakes, one of Sarasota’s desirable communities. Built by Mattamy Homes, this 2-bedroom residence with a bonus/flex space offers a modern layout perfect for both relaxation and entertainment. Step inside to an open-concept living area filled with natural light and enhanced by high-end finishes. The gourmet kitchen features sleek countertops, stainless steel appliances, and a spacious island, making it a central hub for gatherings. The master suite is a peaceful retreat, complete with a spa-inspired en suite bathroom and a generous walk-in closet. A second bedroom, as well as the versatile bonus/flex space, offers plenty of room for guests, a home office, or even a gym. Outside, the expansive lanai is perfect for enjoying the Florida lifestyle. Whether it's lounging or dining al fresco, this outdoor space offers a private, low-maintenance retreat without the upkeep of a traditional backyard. The Enclave at Forest Lakes offers a serene setting with sidewalks and green spaces, all while being conveniently located close to top-rated schools, shopping, and dining. Nearby amenities include beautiful parks, golf courses, and a range of cultural attractions. This home is a perfect blend of luxury, convenience, and modern living. Don’t miss the opportunity to own a stunning property in a prime Sarasota location. Schedule your showing today!

Last Agent to Sell the Property

Matthew Hickey

EXP REALTY LLC Brokerage Phone: 800-486-1794 License #3371661 Listed on: 09/27/2024

Last Buyer's Agent

Nina Escueta

EXP REALTY LLC License #3588528

EXP REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,526

Year Built

  • Built in 2017

Lot Details

  • 4,680 Sq Ft Lot
  • East Facing Home
  • Property is zoned RSF3

HOA Fees

  • $302 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,647 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Living Room

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • In Wall Pest System

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, pool, maintenance structure
  • Craig Smith Association, Phone Number (941) 444-7090
  • Visit Association Website
  • Enclave At Forest Lakes Community
  • Enclave At Forest Lakes Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Pool
  • Dog Park

Additional Features

  • Community Mailbox
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,526

Year Built

Built in 2017

Lot Details

4,680 Sq Ft Lot

HOA Fees

$302 per month

Parking

2

Listing Details

  • HOA Fee Includes: Common Area Taxes, Pool, Maintenance Structure
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1647
  • Lot Size Acres: 0.11
  • New Construction: No
  • Year Built: 2017
  • Building Area Total: 2294
  • Lot Size Sq Ft: 4680
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 213.12
  • Escrow City: Sarasota
  • Escrow State: FL
  • Escrow Street Name: Main St., Ste 1112
  • Minimum Lease: 6 Months
  • RATIO Current Price By Calculate: 312.69
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 800-486-1794
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceilings, In Wall Pest System, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 153.01

Exterior Features

  • Direction Faces: East
  • Exterior Features: Hurricane Shutters, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Concrete
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12115C0161G

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Community Mailbox, Deed Restrictions, Dog Park, Gated Community - No Guard, Pool, Sidewalks
  • Association Amenities: Gated, Pool
  • Association Fee: 302
  • Association Fee Frequency: Monthly
  • Association Name: Craig Smith
  • Phone: 941-444-7090
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Association Email: craig@pinnaclecam.com
  • Association URL: pinnaclecam.com

Fee Information

  • Total Annual Fees: 3624.00
  • Total Monthly Fees: 302.00
  • Monthly HOA Amount: 302.00

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0060040132
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See HOA documents.

Tax Info

  • Tax Annual Amount: 3526
  • Tax Block: 1
  • Tax Book Number: 49-39
  • Tax Lot: 102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2024
Closed on
Nov 19, 2024
Sold by
Smith Barbara
Bought by
Bornstein Barbara
Seller's Agent
Matthew Hickey
EXP REALTY LLC
Buyer's Agent
Nina Escueta
EXP REALTY LLC
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%
Views
2
Current Estimated Value
$481,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,200
Avg. Annual Appreciation
-4.82%
Original Mortgage
$400,000
Outstanding Balance
$395,374
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$86,426

Purchase Details

Closed on
Jun 16, 2022
Sold by
Smith and Jon
Bought by
Smith Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
5.3%
Mortgage Type
Balloon

Purchase Details

Closed on
May 30, 2018
Sold by
Smith Barbara and Ford Jon
Bought by
Mattamy Tampa Sarasota Llc

Purchase Details

Closed on
Dec 19, 2017
Sold by
Mattawy Tampa Sarasota Llc
Bought by
Ford Jon and Ford Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,600
Interest Rate
3.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bornstein Barbara $515,000 None Listed On Document
Bornstein Barbara $515,000 None Listed On Document
Smith Barbara -- New Title Company Name
Mattamy Tampa Sarasota Llc -- First American Title Ins Co
Ford Jon $348,130 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bornstein Barbara $400,000
Closed Bornstein Barbara $400,000
Previous Owner Smith Barbara $122,000
Previous Owner Ford Jon $143,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2024 11/19/24 Sold $515,000 -1.9% $313 / Sq Ft
10/06/2024 10/06/24 Pending -- -- --
09/27/2024 09/27/24 For Sale $525,000 -- $319 / Sq Ft
Source: Stellar MLS

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 $3,676 $409,700 $121,800 $287,900
2024 $3,526 $308,804 -- --
2023 $3,526 $299,810 $0 $0
2022 $3,469 $291,078 $0 $0
2021 $3,436 $282,600 $113,600 $169,000
2020 $3,756 $267,600 $106,400 $161,200
2019 $3,674 $264,800 $91,500 $173,300
2018 $3,699 $268,400 $87,600 $180,800
2017 $877 $51,590 $0 $0
2016 $630 $46,900 $46,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4624367

Stellar MLS

APN: 0060-04-0132

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