NOT LISTED FOR SALE

517 E Lake Dr Sarasota, FL 34232

Estimated Value: $462,000 - $510,000

3 Beds
2 Baths
2,021 Sq Ft
$245/Sq Ft Est. Value

Last Sold June 21, 2013

Last sale price $225,000 $111 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $2,831/month

57 Days on Market

Highlights

  • Private Pool
  • Fruit Trees
  • Attic
  • Fruitville Elementary School Rated A-
  • Deck
  • Stone Countertops

About This Home

As of June 2013

This Florida Pool Home has it all! Recently renovated and updated with brand new kitchen and baths, as well as, a brand new roof! The double family great room, replete with amazing fireplace complements this fine neighborhood home, which feels brand new. In addition to granite countertops and new appliances the home boasts new flooring throughout with scratch resistant modern flooring in all the main areas and brand new carpet in the bedrooms. This home must be seen to be appreciated. While touring the home be sure to not miss the very large outdoor pool area, big screened room and charming awning. There is truly something for everyone in this beautiful residence. Don't let this one slip away!!

Last Agent to Sell the Property

John Gaudiano

GRECO REAL ESTATE License #3250247 Listed on: 04/02/2013

Last Buyer's Agent

Kim Bailey

LIMBO COMPANY SARASOTA ASSOC License #3115557

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,051

Year Built

  • Built in 1962

Lot Details

  • 0.35 Acre Lot
  • Mature Landscaping
  • Fruit Trees
  • Property is zoned RSF1

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,021 Sq Ft Home
  • Dry Bar
  • Attic Ventilator

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Private Pool
  • Balcony
  • Deck
  • Enclosed Patio or Porch
  • Gazebo

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Sherwood Estates Community
  • Sherwood Ests 3 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,051

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 2021
  • Lot Size Acres: 0.35
  • New Construction: No
  • Year Built: 1962
  • Building Area Total: 2942
  • Lot Size Sq Ft: 15359
  • Status: Sold
  • Street Direction: E
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3975985&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3975985&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Subdivision Num: 1431
  • Ratio: Close Price\List Price: 0.93789
  • Price per Sq Ft: 111.33
  • Close to Original List Price Ratio: 0.90036
  • Ratio: Current Price\Building Area Total: 76.48
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Attic, Attic Ventilator, Dry Bar, Stone Counters
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Other Equipment: Satellite Dish
  • Room Count: 4
  • Additional Rooms: Attic
  • ResoLivingAreaSource: Builder

Exterior Features

  • Other Structures: Gazebo
  • Exterior Features: Balcony
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Deck, Enclosed, Patio, Porch, Screened
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0045140005
  • Additional Parcels: No
  • Millage Rate: 13.39
  • Flood Zone Code: X
  • Future Land Use: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Expected Lease Date: 2013-06-21T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 2051
  • Tax Book Number: 0010/0061
  • Tax Lot: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2015
Sold by
Bailey Kim and Bailey Margaret
Bought by
Schock Emily
Current Estimated Value
$494,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,200
Outstanding Balance
$182,208
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$311,961

Purchase Details

Listed on
Apr 2, 2013
Closed on
Jun 20, 2013
Sold by
Cargill Holdings Inc
Bought by
Bailey Kim and Bailey Margaret
Seller's Agent
John Gaudiano
GRECO REAL ESTATE
Buyer's Agent
Kim Bailey
LIMBO COMPANY SARASOTA ASSOC
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%

Purchase Details

Closed on
Sep 25, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Cargill Holdings Inc

Purchase Details

Closed on
Jun 18, 2012
Sold by
Central Mortgage Company
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 11, 2012
Sold by
Houser Felder T
Bought by
Central Mortgage Company

Purchase Details

Closed on
Jul 12, 2005
Sold by
Bell George C and Bell Suzanne M
Bought by
Houser Felder T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.46%
Mortgage Type
Fannie Mae Freddie Mac
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
Schock Emily $289,000 Attorney
Bailey Kim $225,000 Attorney
Cargill Holdings Inc $122,500 Attorney
Federal Home Loan Mortgage Corporation -- New House Title Llc
Central Mortgage Company -- None Available
Houser Felder T $300,000 Paramount Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schock Emily $231,200
Previous Owner Houser Felder T $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2013 06/21/13 Sold $225,000 -6.2% $111 / Sq Ft
05/30/2013 05/30/13 Pending -- -- --
05/23/2013 05/23/13 Price Changed $239,900 -2.0% $119 / Sq Ft
04/24/2013 04/24/13 Price Changed $244,900 -2.0% $121 / Sq Ft
04/02/2013 04/02/13 For Sale $249,900 -- $124 / 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 $2,922 $238,782 -- --
2023 $2,922 $231,827 $0 $0
2022 $2,809 $225,075 $0 $0
2021 $2,813 $218,519 $0 $0
2020 $2,809 $215,502 $0 $0
2019 $2,705 $210,657 $0 $0
2018 $2,533 $198,641 $0 $0
2017 $2,520 $194,555 $0 $0
2016 $2,513 $228,300 $74,100 $154,200
2015 $2,377 $191,400 $70,100 $121,300
2014 -- $127,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Gaudiano

    Seller's Agent in 2013

    John Gaudiano

    GRECO REAL ESTATE

    (941) 364-4444

    34 Total Sales

    John Gaudiano
    Section Image

  • K

    Buyer's Agent in 2013

    Kim Bailey

    LIMBO COMPANY SARASOTA ASSOC

See All Agents

Map

Source: Stellar MLS

MLS Number: A3975985

Stellar MLS

APN: 0045-14-0005

Florida Sarasota County Sarasota 34232

517 E Lake Dr, Sarasota, FL

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.



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