NOT LISTED FOR SALE

5193 Lake Village Dr Unit 1 Sarasota, FL 34235

The Meadows Neighborhood

Estimated Value: $278,000 - $303,317

2 Beds
2 Baths
1,065 Sq Ft
$65/mo HOA Fee

Last Sold December 02, 2022

Last sale price $360,000 $338 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $1,932/month

8 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Open Floorplan
  • Booker High School Rated A-
  • Lake View
  • Clubhouse

About This Home

As of December 2022

Don’t miss out on this ground-floor end-unit condominium with beautiful lake views. The home’s ideal location is in the Village Lake neighborhood of The Meadows where you can walk across the street to the Meadows Village’s shops and restaurants. Or jump into your car for a short drive to a multitude of shops and restaurants in the UTC mall area. Over the past 7 years, this unit has been updated with newer appliances, newer cabinets and counter tops in kitchen, light fixtures, laminate flooring (no carpet), painted thru out, both bathrooms have been updated as well. As you walk into this beautiful unit, you will have the kitchen off to the left, which has an area for a small bistro table or add additional cabinets. The Dining & Living Room with laminate flooring overlooks the lanai. Enjoy the large Primary Suite that has sliders to the lanai, two closets, and an updated bath. Your guest will enjoy their own private suite. Guest bedroom has a Murphy Bed that stays. Enjoy a cup of coffee on your screened lanai that overlooks the peaceful lake. We cannot forget about the laundry room with the new deluxe stackable washer/dryer. In addition to Village Lakes’ large, lakeside community pool, you have access to 14-plus miles of walking and biking trails throughout the lushly landscaped 1,500-plus acres Meadows community. And as a Meadows resident, you do not have to be a member of the country club to enjoy the Meadows Renaissance Plan which provides access to the Club’s new state of the art Lifestyle and Fitness center, restaurants, socials and pool. Or you are only minutes biking to Benderson World-class Rowing and the new Mote Marine facility.

Last Agent to Sell the Property

Lisa Bouck, PA

RE/MAX ALLIANCE GROUP License #0628561 Listed on: 11/08/2022

RE/MAX ALLIANCE GROUP

Co-Listed By

Joe Holleran

RE/MAX ALLIANCE GROUP License #0618635

Last Buyer's Agent

Tonna Gruber

COLDWELL BANKER REALTY License #3146072

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,983

Year Built

  • Built in 1981

Lot Details

  • Property fronts a private road
  • End Unit
  • Street terminates at a dead end
  • South Facing Home
  • Mature Landscaping
  • Landscaped with Trees
  • Condo Land Included
  • Land Lease expires 12/31/22

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

  • Lake
  • Pond

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,065 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Window Treatments
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Screened Patio
  • Rain Gutters
  • Rain Barrels or Cisterns
  • Rear Porch

Schools

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

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, private road, recreational facilities, trash
  • Pinnacle Association, Phone Number (941) 444-7090
  • The Meadows Association, Phone Number (941) 377-2300
  • Village Lake Community
  • Village Lake Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking
  • Rental Restrictions

Amenities

  • Restaurant
  • Clubhouse

Recreation

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

Pet Policy

  • Pets up to 35 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,983

Year Built

Built in 1981

Lot Details

0

HOA Fees

$65 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1065
  • New Construction: No
  • Year Built: 1981
  • Directions to Property: From Fruitville Road, Head north on Honore, turn left onto Taywood Meadows, at first round about make a right into Village Lake, make a left onto first driveway/street. Unit is the very last on right, first floor 5193, park in the Guest Spot
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4552017?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4552017?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 1
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Property Description: End Unit
  • Call Center Phone Number: 800-7469464
  • Ratio: Close Price\List Price: 1.02857
  • Price per Sq Ft: 338.03
  • Close to Original List Price Ratio: 1.02857
  • View: Yes
  • Co List Office Mls Id: 281518938
  • Co List Office Phone: 941-954-5454
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Eating Space In Kitchen, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 5193
  • Room Count: 8
  • Additional Rooms: Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Exterior Features: Rain Barrel/Cistern(s), Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • Road Frontage Type: Street Dead-End, Private Road
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Patio, Rear Porch, Screened
  • Road Surface Type: Paved, Asphalt
  • Water View: Lake, Pond
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • 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 Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • 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, Clubhouse, Deed Restrictions, Fitness, Golf, No Truck/RV/Motorcycle Parking, Park, Playground, Pool, Restaurant, Sidewalk, Tennis Courts
  • Association Fee Frequency: Annually
  • Association Name: Pinnacle
  • Phone: 941-444-7090
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 654
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 218
  • Amenities Additional Fees: Master Association Fee give you access to the Junior Olympic pool, clubhouse, fitness center, trails, restaurants at no extra fee thru the Renaissance Plan. But Membership to the Meadows Country Golf Club is optional.
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes
  • Association #2 Fee: 784
  • Association #2 Fee Frequency: Annually
  • Association: The Meadows
  • Association Phone #2: 941-377-2300

Fee Information

  • Total Annual Fees: 3400
  • Total Monthly Fees: 283.33

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0034081001
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk
  • Flood Zone Code: X
  • Land Lease Expiration Date: 2022-12-31
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 35
  • Minimum Lease: 1 Month
  • Approval Process: Please Application
  • Num Timesper Year: 12
  • Pet Restrictions: Please view Condo Docs. 1 dog or 2 cats, fish are allowed
  • Lease Restrictions Y N: Yes
  • Month To Month Or Weekly Y N: No
  • Additional Lease Restrictions: Please see Condo Documents for Lease Restrictions

Tax Info

  • Tax Annual Amount: 1983.14
  • Tax Book Number: 1420-352
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2022
Closed on
Dec 2, 2022
Sold by
Oliver Nadia E and Oliver Charles E
Bought by
Cahill Michael W and Cahill Juliana M
Seller's Agent
Lisa Bouck, PA
RE/MAX ALLIANCE GROUP
Buyer's Agent
Tonna Gruber
COLDWELL BANKER REALTY
List Price
$350,000
Sold Price
$360,000
Premium/Discount to List
$10,000
2.86%
Views
13
Current Estimated Value
$292,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$67,818
Avg. Annual Appreciation
-6.78%

Purchase Details

Closed on
Sep 29, 2015
Sold by
Koverman Susan M
Bought by
Oliver Nadia E and Oliver Charles E

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
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2015
Sold by
Koverman Susan K
Bought by
Koverman Susan M and Susan M Koverman Revocable Trust

Purchase Details

Closed on
Apr 1, 2004
Sold by
Seubold David C and Seubold Alma C
Bought by
Koverman Howard C and Koverman Susan M

Purchase Details

Closed on
Mar 25, 1998
Sold by
Forsyth Shirlee E and Forsyth Donald N
Bought by
Seubold David C and Seubold Alma C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
6.95%
Source: Public Records

Range of Values:

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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
Cahill Michael W $360,000 --
Oliver Nadia E $148,000 Alliance Group Title Llc
Koverman Susan M -- Attorney
Koverman Howard C $138,000 Executive Title Ins Svcs Inc
Seubold David C $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oliver Nadia E $100,000
Previous Owner Seubold David C $67,000
Previous Owner Seubold David C $67,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2022 12/02/22 Sold $360,000 +2.9% $338 / Sq Ft
11/17/2022 11/17/22 Pending -- -- --
11/08/2022 11/08/22 For Sale $350,000 -- $329 / 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 $3,217 $265,100 -- $265,100
2023 $3,217 $275,700 $0 $275,700
2022 $2,432 $196,000 $0 $196,000
2021 $1,983 $130,600 $0 $130,600
2020 $1,944 $125,800 $0 $125,800
2019 $1,893 $124,600 $0 $124,600
2018 $1,963 $131,800 $0 $131,800
2017 $1,997 $132,200 $0 $132,200
2016 $2,016 $130,900 $0 $130,900
2015 $1,017 $106,100 $0 $106,100
2014 $1,017 $86,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4552017

Stellar MLS

APN: 0034-08-1001