NOT LISTED FOR SALE

5118 Ridgelake Place Sarasota, FL 34238

Estimated Value: $757,000 - $924,000

5 Beds
3 Baths
3,856 Sq Ft
$212/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $860,000 $223 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $5,040/month

9 Days on Market

Highlights

  • 40 Feet of Lake Waterfront
  • Screened Pool
  • Gated Community
  • Ashton Elementary School Rated A
  • Custom Home
  • Open Floorplan

About This Home

As of June 2022

Spacious 5 Bedroom in sought after Turtle Rock. Large eat-in Kitchen with Island and adjoining family room. Master suite has separate sitting room. Bonus room 25X25. Tile, carpet and wood floors, stainless steel appliances, granite counters, Pool. Lake view. Located on a private Cul-de-sac. Great family neighborhood, nature trails, lighted tennis courts, basketball court, club house, community pool, playground and canoeing trails. Empty and ready for a new family.

Last Agent to Sell the Property

Ilene Mirman

ILENE MIRMAN REALTY INC License #0171491 Listed on: 04/25/2022

Last Buyer's Agent

Joey Lamielle

RE/MAX ALLIANCE GROUP License #3266793

RE/MAX ALLIANCE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,849

Year Built

  • Built in 2000

Lot Details

  • 9,378 Sq Ft Lot
  • 40 Feet of Lake Waterfront
  • Lake Front
  • Cul-De-Sac
  • North Facing Home
  • Mature Landscaping
  • Property is zoned PUD

HOA Fees

  • $160 Monthly HOA Fees

Parking

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

Property Views

  • Lake
  • Park or Greenbelt

Home Design

  • Custom Home
  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,856 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room
  • Bonus Room
  • Inside Utility
  • Laundry Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Pool

  • Screened Pool
  • In Ground Pool
  • Fence Around Pool

Schools

  • Ashton Elementary School
  • Sarasota Middle School
  • Riverview High School

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Additional Features

  • Reclaimed Water Irrigation System
  • Enclosed Patio or Porch

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, pool, management, private road, recreational facilities
  • Turtle Rock Community Association/Ed Olson Association, Phone Number (941) 870-9855
  • Visit Association Website
  • Turtle Rock Community
  • Turtle Rock Parcels E 2 & F 2 Subdivision
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Trails

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,849

Year Built

Built in 2000

Lot Details

0

HOA Fees

$160 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Pool, Management, Private Road, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 3856
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 2000
  • Building Area Total: 4338
  • Lot Size Sq Ft: 9378
  • Directions to Property: Take Tamiami Trail South to Central Sarasota Parkway, on Central Sarasota Parkway, turn left going East to Turtle Rock Entrance, through Guard Gate To Sweetmeadow Circle, Sweetmeadow Circle all around until Ridgelake Place on right.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046770
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 223.03
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Yn: No
  • Stories: 2
  • Window Features: Blinds
  • Street Number Modifier: 5118
  • ResoLivingAreaSource: Owner
  • Additional Rooms: Bonus Room,Family Room,Formal Dining Room Separate,Formal Living Room Separate,Inside Utility
  • Living Area Meters: 358.23
  • Room Count: 12

Exterior Features

  • Direction Faces: North
  • Pool Features: In Ground, Screen Enclosure
  • Exterior Features: Irrigation System, Sliding Doors
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • View: Park/Greenbelt, Water
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed, Screened
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 40
  • Water Frontage Feet Lake: 40

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated, Irrigation-Reclaimed Water, No Truck/RV/Motorcycle Parking, Playground, Pool, Tennis Courts
  • Association Amenities: Clubhouse, Gated, Playground, Pool, Security, Tennis Court(s), Trail(s)
  • Association Fee: 480
  • Association Fee Frequency: Quarterly
  • Association Name: Turtle Rock Community Association/Ed Olson
  • Phone: 941 870 9855
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Association Email: Edward@sunstatemanagement.com
  • Association URL: https://www.myturtlerock.com/

Fee Information

  • Total Annual Fees: 1920.00
  • Total Monthly Fees: 160.00
  • Monthly HOA Amount: 160.00

Schools

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

Lot Info

  • Zoning: PUD
  • Parcel Number: 0119050013
  • Additional Parcels: No
  • Lot Features: Cul-De-Sac
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 871
  • Zoning Compatible YN: 1
  • Future Land Use: 0100

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 5849
  • Tax Book Number: 38/27
  • Tax Lot: 56

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2002
Sold by
Howard Arthur and Howard Gail
Bought by
Mirman Ilene and Mirman Ulie
Current Estimated Value
$817,452

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
Outstanding Balance
$43,096
Interest Rate
6.16%
Mortgage Type
Credit Line Revolving
Estimated Equity
$774,356

Purchase Details

Closed on
May 31, 2000
Sold by
Us Home Corp
Bought by
Howard Arthur and Howard Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,700
Interest Rate
8.14%
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
Mirman Ilene -- --
Howard Arthur $267,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mirman Ilene $100,000
Open Mirman Ilene $196,000
Previous Owner Howard Arthur $200,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/17/2022 06/17/22 Off Market $860,000 -- --
06/15/2022 06/15/22 Sold $860,000 +0.5% $223 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $855,900 0.0% $222 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $855,900 +22131.2% $222 / Sq Ft
11/18/2020 11/18/20 Sold $3,850 0.0% $1 / Sq Ft View Prior Sale
11/15/2020 11/15/20 Off Market $3,850 -- --
11/02/2020 11/02/20 For Sale $669,000 0.0% $173 / Sq Ft
08/17/2018 08/17/18 Off Market $3,200 -- --
10/08/2014 10/08/14 Rented $3,200 0.0% --
09/24/2014 09/24/14 For Rent $3,200 -- --
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 $6,713 $571,000 -- --
2023 $6,713 $554,369 $0 $0
2022 $7,339 $635,200 $167,300 $467,900
2021 $5,969 $441,700 $126,800 $314,900
2020 $5,661 $408,700 $107,300 $301,400
2019 $5,551 $404,400 $100,000 $304,400
2018 $5,211 $378,400 $81,000 $297,400
2017 $5,658 $407,100 $102,900 $304,200
2016 $5,474 $385,700 $70,600 $315,100
2015 $5,520 $379,100 $65,100 $314,000
2014 $5,357 $339,790 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2022

    Ilene Mirman

    ILENE MIRMAN REALTY INC

    (941) 544-4900

    2 in this area

    8 Total Sales

    Ilene Mirman
    Section Image
  • Joey Lamielle

    Buyer's Agent in 2022

    Joey Lamielle

    RE/MAX

    (941) 350-0016

    10 in this area

    252 Total Sales

    Joey Lamielle
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4532599

Stellar MLS

APN: 0119-05-0013

Florida Sarasota County Sarasota 34238

5118 Ridgelake Place, Sarasota, FL

This home is located at 5118 Ridgelake Place, Sarasota, FL 34238 since 25 April 2022 and is currently estimated at $817,452, approximately $211 per square foot. This property was built in 2000. 5118 Ridgelake Place is a home located in Sarasota County with nearby schools including Ashton 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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