NOT LISTED FOR SALE

5207 Winding Way Sarasota, FL 34242

Estimated Value: $641,000 - $1,068,000

4 Beds
2 Baths
2,200 Sq Ft
$368/Sq Ft Est. Value

Last Sold July 15, 2020

Last sale price $422,750 $192 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $5,235/month

178 Days on Market

Highlights

  • 120 Feet of Waterfront
  • Oak Trees
  • View of Trees or Woods
  • Phillippi Shores Elementary School Rated A
  • Home fronts a pond
  • Main Floor Primary Bedroom

About This Home

As of July 2020

Short Sale. Third Party Approval Required. Exceptional Value opportunity to live within blocks of the #1 beach in Florida. Located within this quaint neighborhood of only 37 homes in Twin Oak Pond. This home is secluded among the enclaves of mature private landscaping and a fabulous low maintenance yard. Enter into the neighborhood an you are nestled in among the beautiful canopy trees that cover the streets where you could possible call home. This 4 bedroom, 2 bath home is perfect as a second home, investment property or primary home. A short walk to Siesta Key Village to enjoy all the benefits of the small town atmosphere with shopping, dining and nightlife nearby. Relax in your large over-sized screened in back porch that over looks the pond. Great for entertaining and grilling out. Second Floor interior has 3 bedrooms upstairs, the loft area, bathroom with double sink tub/shower. One bedroom plus loft upstairs has sliding door to large balcony that overlooks the pond. Accepted Buyer's offer will be responsible for a total of 4% Probate Fee (minimum plus costs) plus $1200 Short Sale Negotiating fee due at closing.

Last Agent to Sell the Property

Michael Hertel

SUN REALTY License #3248965 Listed on: 11/07/2019

SUN REALTY

Last Buyer's Agent

India Alston

MADISON ALLIED LLC License #3395713

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,933

Year Built

  • Built in 1964

Lot Details

  • 8,520 Sq Ft Lot
  • Home fronts a pond
  • 120 Feet of Waterfront
  • North Facing Home
  • Mature Landscaping
  • Oak Trees
  • Property is zoned RSF3

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Carport Spaces

Property Views

  • Pond
  • Woods

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Steel Frame
  • Wood Frame Construction
  • Tile Roof
  • Wood Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony
  • Enclosed patio or porch
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Www.Twinoakpond.Com Association
  • Visit Association Website
  • Twin Oak Pond Community
  • Twin Oak Pond Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,933

Year Built

Built in 1964

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Metal Frame, Wood Frame, Wood Siding
  • Fireplace: No
  • Living Area: 2200
  • Lot Size Acres: 0.2
  • New Construction: No
  • Year Built: 1964
  • Building Area Total: 3693
  • Lot Size Sq Ft: 8520
  • Directions to Property: From FL-72 W turn right onto Midnight Pass turning slight right to stay on Midnight Pass Rd, turn left onto Winding Way in about .7 miles, turn to right and house is on the left. 5207 Winding Way.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4450894?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4450894?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.91922
  • Price per Sq Ft: 192.16
  • Close to Original List Price Ratio: 0.91922
  • Ratio: Current Price\Building Area Total: 114.47
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: 4108

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Master Bedroom Main Floor, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Street Number Modifier: 5207
  • Room Count: 9
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Exterior Features: Balcony, Rain Gutters, Sliding Doors, Storage
  • Roof: Tile
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Enclosed, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View: Pond
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0143F
  • Waterfront Frontage: 120
  • Water Frontage Feet Pond: 120
  • Disclosures: Lead Paint, Other, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Public Remarks Required: Short Sale.
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Association Name: WWW.TWINOAKPOND.COM
  • Association: Yes
  • Senior Community: No
  • Association Website: WWW.TWINOAKPOND.COM
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 150
  • Monthly HOA Fee: 12.5
  • Total Monthly Fees: 12.5

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0082010047
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Approval Process: http://www.twinoakpond.com/information-on-rentals/
  • Pet Restrictions: Pets must be on a Leash, You must pick up after your pet. Rules on the association website at www.twinoakpond.com
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please review Association docs for lease restrictions..etc. http://www.twinoakpond.com/information-on-rentals/

Tax Info

  • Tax Annual Amount: 4932.65
  • Tax Book Number: 8-35
  • Tax Lot: 33

Multi Family

  • Waterfront Features: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2019
Closed on
Jul 15, 2020
Sold by
Norkus Angela Victoria
Bought by
Wilkinson Chris and Wilkinson Kathleen
Seller's Agent
Michael Hertel
SUN REALTY
Buyer's Agent
India Alston
MADISON ALLIED LLC
List Price
$459,900
Sold Price
$422,750
Premium/Discount to List
-$37,150
-8.08%
Current Estimated Value
$810,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,794
Avg. Annual Appreciation
18.05%
Original Mortgage
$357,000
Outstanding Balance
$321,460
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$636,349

Purchase Details

Listed on
Nov 7, 2019
Closed on
Jul 13, 2020
Sold by
Norkus Crampton Lan Cynthia
Bought by
Wilkinson Chris and Wilkinson Kathleen
Seller's Agent
Michael Hertel
SUN REALTY
Buyer's Agent
India Alston
MADISON ALLIED LLC
List Price
$459,900
Sold Price
$422,750
Premium/Discount to List
-$37,150
-8.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Outstanding Balance
$321,460
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$636,349

Purchase Details

Listed on
Nov 7, 2019
Closed on
Jul 10, 2020
Sold by
Norkus John C and Estate Of Sandra Q Golding
Bought by
Wilkinson Chris and Wilkinson Kathleen
Seller's Agent
Michael Hertel
SUN REALTY
Buyer's Agent
India Alston
MADISON ALLIED LLC
List Price
$459,900
Sold Price
$422,750
Premium/Discount to List
-$37,150
-8.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Outstanding Balance
$321,460
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$636,349
Source: Public Records

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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
Wilkinson Chris -- Attorney
Wilkinson Chris -- Attorney
Wilkinson Chris $422,800 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilkinson Chris $357,000
Previous Owner Golding Sandra Quinn $577,500
Previous Owner Golding Herbert G $75,000
Previous Owner Golding Herbert G $50,000
Previous Owner Golding Herbert G $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2020 07/15/20 Sold $422,750 -8.1% $192 / Sq Ft
04/30/2020 04/30/20 Pending -- -- --
04/30/2020 04/30/20 For Sale $459,900 0.0% $209 / Sq Ft
12/20/2019 12/20/19 Pending -- -- --
11/04/2019 11/04/19 For Sale $459,900 -- $209 / 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 $8,471 $709,600 $628,400 $81,200
2023 $8,471 $710,391 $0 $0
2022 $8,248 $689,700 $546,200 $143,500
2021 $6,167 $460,700 $379,800 $80,900
2020 $5,040 $361,400 $303,600 $57,800
2019 $4,933 $357,000 $219,200 $137,800
2018 $474 $272,739 $0 $0
2017 $474 $267,129 $0 $0
2016 $492 $399,900 $211,200 $188,700
2015 $492 $356,600 $200,600 $156,000
2014 $492 $253,945 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4450894

Stellar MLS

APN: 0082-01-0047