NOT LISTED FOR SALE

5177 Lake Village Dr Unit 9 Sarasota, FL 34235

The Meadows Neighborhood

Estimated Value: $257,813 - $281,000

2 Beds
2 Baths
1,065 Sq Ft
$43/mo HOA Fee

Last Sold November 21, 2019

Last sale price $165,000 $155 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,779/month

7 Days on Market

Highlights

  • Water Views
  • Golf Course Community
  • Open Floorplan
  • Booker High School Rated A-
  • Fitness Center
  • Clubhouse

About This Home

As of November 2019

Excellent Florida VACATION HOME or Seasonal INVESTMENT RENTAL in the Meadows! TURN KEY FURNISHED and ready to enjoy this winter! Have you been thinking of a winter getaway in Florida? Perhaps one that would be a fantastic escape from the cold, but also a great investment property? Presenting this beautiful 2 bed 2 bath villa overlooking Picturesque Lake Views form its screened lanai. Currently already RESERVED and PAID for January, February, March 2020 at $3,000 per month. With an Excellent Seasonal RENTAL HISTORY it can be rented throughout the year at season and off seasonal rates. This home offers GROUND-FLOOR convenience and INSIDE LAUNDRY room. Steps to Heated Pool and popular location in The Meadows, featuring more than 80 pristine lakes, waterways and preserve areas, with 14 miles of sidewalks, bike trails and 1.5 miles of fitness trail that wind through the community. The Meadows Golf and Country Club has optional membership categories available from year-round to seasonal golf, social/dining venues and tennis. 10 minutes to downtown Sarasota, cultural arts, beaches, St. Armand’s Circle and UTC shopping. Furnishings are included with the sale. If you’re ready for a Florida vacation home that is located in one of the most popular communities in Sarasota with sought after outdoor amenities and a great investment? Then look no further, this villa is for you!

Last Agent to Sell the Property

Norma Mladineo

COLDWELL BANKER REALTY License #3325275 Listed on: 10/07/2019

COLDWELL BANKER REALTY

Last Buyer's Agent

Paula Steinert

RE/MAX ALLIANCE GROUP License #0176813

RE/MAX ALLIANCE GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,861

Year Built

  • Built in 1981

Lot Details

  • Southwest Facing Home
  • Mature Landscaping
  • Landscaped with Trees
  • Land Lease expires 3/31/20

HOA Fees

  • $43 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

  • Water
  • Woods
  • Garden

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,065 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Bar Fridge
  • Ceiling Fan
  • Shades
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting

Location

  • Property is near a golf course
  • City Lot

Schools

  • Gocio Elementary School
  • Brookside Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include escrow reserves fund, fidelity bond, maintenance structure, ground maintenance, pest control, pool maintenance
  • Argus Property Management Marge Auarez Association, Phone Number (941) 927-6464
  • Visit Association Website
  • Village Lake Community
  • Village Lake Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, allowable golf cart usage in the community, no truck, recreational vehicles, or motorcycle parking, vehicle restrictions
  • Rental Restrictions

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 35 lbs
  • 1 Pet Allowed

Security

  • Security Service
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,861

Year Built

Built in 1981

Lot Details

0

HOA Fees

$43 per month

Listing Details

  • HOA Fee Includes: Escrow Reserves Fund, Fidelity Bond, Maintenance Structure, Maintenance Grounds, Pest Control, Pool Maintenance
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1065
  • New Construction: No
  • Year Built: 1981
  • Directions to Property: Honore to Taywood Meadows at lights to Lake Village Dr, condo is on the left- #5177 Lake Village Dr #9.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4448057?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4448057?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.9434
  • Price per Sq Ft: 154.93
  • Close to Original List Price Ratio: 0.9434
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Split Bedroom, Window Treatments
  • Appliances Included: Bar Fridge, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Blinds, Shades
  • Street Number Modifier: 5177
  • Room Count: 6
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southwest
  • Exterior Features: Hurricane Shutters, Lighting, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • View: Garden, Trees/Woods, Water
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0152F
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Guest
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness, Golf Carts OK, Golf, No Truck/RV/Motorcycle Parking, Playground, Pool, Sidewalk, Tennis Courts
  • Association Amenities: Cable TV, Clubhouse, Fitness Center, Golf Course, Maintenance, Playground, Pool, Security, Storage, Vehicle Restrictions
  • Association Fee: 513
  • Association Fee Frequency: Annually
  • Association Name: Argus Property Management- Marge Auarez
  • Phone: 941-927-6464
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 755
  • Condo Fees Term: Quarterly
  • Association Website: argusmgmt.com
  • Association Email: marge@argusmgmt.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 252
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 3533
  • Monthly HOA Fee: 42.75
  • Total Monthly Fees: 294.42

Schools

  • Elementary School: Gocio Elementary
  • High School: Booker High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0034081009
  • Additional Parcels: No
  • Lot Features: City Lot, Near Golf Course, Sidewalk
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • Land Lease Expiration Date: 2020-03-31
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 35
  • Minimum Lease: 1 Month
  • Approval Process: Application to Association. Contact Argus Property Management for details Marge Auarez 941-927-6464
  • Num Timesper Year: 12
  • Pet Restrictions: One dog weighing no more that 35 lb or (2) cats. Contact Argus Property Management for details Marge Auarez 941-927-6464
  • Lease Restrictions Y N: Yes
  • Currency Monthly Rent Amt: 3000
  • Month To Month Or Weekly Y N: Yes
  • Additional Lease Restrictions: Contact Argus Property Management for details Marge Auarez 941-927-6464

Tax Info

  • Tax Annual Amount: 1861
  • Tax Book Number: 1420-352
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2019
Closed on
Nov 21, 2019
Sold by
Foust Jimmy F
Bought by
Goff Ernest Carl and Goff Rebecca E
Seller's Agent
Norma Mladineo
COLDWELL BANKER REALTY
Buyer's Agent
Paula Steinert
RE/MAX ALLIANCE GROUP
List Price
$174,900
Sold Price
$165,000
Premium/Discount to List
-$9,900
-5.66%
Current Estimated Value
$274,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,299
Avg. Annual Appreciation
9.78%
Original Mortgage
$123,750
Outstanding Balance
$110,068
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$171,550

Purchase Details

Closed on
Jun 20, 2017
Sold by
Khagram Narendra D and Khagram Barbara Christine
Bought by
Foust Jimmy F

Purchase Details

Listed on
Sep 10, 2014
Closed on
Jan 27, 2015
Sold by
R T Management Of Ohio Inc
Bought by
Khagram Narendra D and Khagram Barbara Christine
Seller's Agent
Shirley Cuddy
REALTY SERVICES INC
Buyer's Agent
Kimberly Leckie
ALBERT WOOSTER & COMPANY
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%
Original Mortgage
$96,600
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 26, 2005
Sold by
Turner Billy J and Turner Helen V
Bought by
R T Management Of Ohio Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,200
Interest Rate
5.8%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Goff Ernest Carl $165,000 None Available
Foust Jimmy F $160,000 Attorney
Khagram Narendra D $145,000 Attorney
R T Management Of Ohio Inc $224,000 Sarasota Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goff Ernest Carl $123,750
Previous Owner Khagram Narendra D $96,600
Previous Owner R T Management Of Ohio Inc $179,200
Previous Owner Turner Billy J $67,500
Previous Owner Turner Billy J $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2019 11/21/19 Sold $165,000 -5.7% $155 / Sq Ft
10/10/2019 10/10/19 Pending -- -- --
10/03/2019 10/03/19 For Sale $174,900 +20.6% $164 / Sq Ft
08/17/2018 08/17/18 Off Market $145,000 -- --
01/30/2015 01/30/15 Sold $145,000 -3.3% $136 / Sq Ft
12/01/2014 12/01/14 Pending -- -- --
09/10/2014 09/10/14 For Sale $149,900 -- $141 / 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 $2,807 $179,286 -- --
2023 $2,807 $239,000 $0 $239,000
2022 $2,488 $201,000 $0 $201,000
2021 $2,033 $134,700 $0 $134,700
2020 $1,998 $130,200 $0 $130,200
2019 $1,808 $117,700 $0 $117,700
2018 $1,861 $123,600 $0 $123,600
2017 $1,872 $122,300 $0 $122,300
2016 $1,890 $121,200 $0 $121,200
2015 $1,711 $104,800 $0 $104,800
2014 $1,637 $86,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4448057

Stellar MLS

APN: 0034-08-1009