NOT LISTED FOR SALE

Estimated Value: $527,000 - $558,644

4 Beds
2.5 Baths
2,761 Sq Ft
$197/Sq Ft Est. Value

Last Sold April 12, 2019

Last sale price $326,000 $118 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,657/month

163 Days on Market

Highlights

  • 59 Feet of Waterfront
  • Screened Pool
  • Lake View
  • Tara Elementary School Rated A-
  • Gated Community
  • Reverse Osmosis System

About This Home

As of April 2019

Spread out and enjoy this sizeable 2-story, 4 bedroom pool home situated on a premium lakefront lot in the gated Community of Silverlake in Bradenton. Envision yourself sitting poolside enjoying the Florida lifestyle we all want. Priced to sell, this spacious home has room for everyone and everything. Open concept living with the kitchen looking onto the family room allowing the cook of the house to be part of the activities. A separate living room, dining room and spacious laundry room round out the downstairs. Upstairs you have 3 roomy guest bedrooms and guest bath and an extra-large master bedroom en suite. Definitely room for an office. Come and see the space and layout your plans. Enjoy the newer pool, added 2016, with large deck area that overlooks the 17-acre lake. Located approximately 4 miles north of University Parkway off Lockwood Ridge, you are minutes from all the UTC and Benderson Park activities. A short drive to downtown Sarasota and our Beaches. Easy drive to the Sarasota Airport and the arts and cultural events of the Ringling Museum and Asolo Theatre. For peace of mind, the Buyer will have a 1-year home warranty day of closing that includes the pool coverage.

Last Agent to Sell the Property

Elizabeth Snyder

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0678494 Listed on: 10/01/2018

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Kathleen DuPont

BERKSHIRE HATHAWAY HOMESERVICE License #3273787

BERKSHIRE HATHAWAY HOMESERVICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,107

Year Built

  • Built in 2006

Lot Details

  • 7,200 Sq Ft Lot
  • 59 Feet of Waterfront
  • Lake Front
  • North Facing Home
  • Fenced
  • Mature Landscaping
  • Landscaped with Trees
  • Property is zoned PDR/PDMU

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Property Views

  • Lake
  • Pool

Home Design

  • Bi-Level Home
  • Planned Development
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,761 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal
  • Reverse Osmosis System

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • Screened Pool
  • In Ground Pool
  • Gunite Pool
  • Fence Around Pool
  • Pool Alarm

Schools

  • Tara Elementary School
  • Sara Scott Harllee Middle School
  • Braden River High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Water Softener
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Reclaimed Water Irrigation System
  • Covered Patio or Porch

Listing and Financial Details

Community Details

Overview

  • Association fees include manager
  • Ami Tracy Tgoelze@Amiwra.Com Association, Phone Number (941) 359-1134
  • Built by Morrison Homes
  • Silverlake Community
  • Silverlake Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Playground
  • Park

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,107

Year Built

Built in 2006

Lot Details

0

HOA Fees

$70 per month

Parking

2

Listing Details

  • HOA Fee Includes: Manager
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2761
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 3405
  • Lot Size Sq Ft: 7200
  • Directions to Property: From University Parkway, north on Lockwood Ridge approximately 4 miles. Right turn on 59th Ave E – Silverlake Community. After gate, go left at stop sign and an immediate right onto 58th Ter E. Follow till 5216 on right.
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4414515&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4414515&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Number Of Pets: 3
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Subdivision Num: 1735601
  • Call Center Phone Number: 941-364-4014
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.95182
  • Price per Sq Ft: 118.07
  • Close to Original List Price Ratio: 0.93813
  • Ratio: Current Price\Building Area Total: 95.74
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Kitchen Reverse Osmosis System, Microwave, Range, Refrigerator, Washer, Water Softener
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Yn: No
  • Window Features: Blinds, Drapes
  • Street Number Modifier: 5216
  • Room Count: 9
  • Additional Rooms: Family Room, Formal Dining Room Separate, Formal Living Room Separate
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Pool Features: Gunite, In Ground, Pool Alarm, Screen Enclosure
  • Exterior Features: Fenced, Hurricane Shutters, Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • View: Pool, Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0340E
  • Waterfront Frontage: 59
  • Water Frontage Feet Lake: 59
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Sprinkler Meter, Sprinkler Recycled
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Park, Playground, Sidewalk
  • Association Amenities: Gated, Park, Playground
  • Association Fee: 210
  • Association Fee Frequency: Quarterly
  • Association Name: AMI Tracy tgoelze@amiwra.com
  • Phone: 941-359-1134
  • Association: Yes
  • Security: Security System, Smoke Detector(s)
  • Senior Community: No
  • Complex Community Name NCCB: SILVERLAKE
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 840
  • Monthly HOA Fee: 70
  • Total Monthly Fees: 70

Schools

  • Elementary School: Tara Elementary
  • High School: Braden River High
  • Middle Or Junior School: Sara Scott Harllee Middle

Lot Info

  • Zoning: PDR/PDMU
  • Parcel Number: 1735623059
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk
  • Flood Zone Code: X
  • Flood Zone Date: 2014-03-17
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Morrison Homes

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 1-2 Years
  • Approval Process: Call HOA
  • Num Timesper Year: 1
  • Pet Restrictions: No limit on pet size. Call HOA regarding restricted breeds.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Call HOA

Tax Info

  • Tax Annual Amount: 3107
  • Tax Book Number: 45-80
  • Tax Lot: 146

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2018
Closed on
Apr 12, 2019
Sold by
Correia Gregory and Correia Tracey Ann Sugden
Bought by
Munn Carolyn Sue and The Carolyn Sue Munn Revocable
Seller's Agent
Elizabeth Snyder
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Kathleen DuPont
BERKSHIRE HATHAWAY HOMESERVICE
List Price
$347,500
Sold Price
$326,000
Premium/Discount to List
-$21,500
-6.19%
Current Estimated Value
$543,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,161
Avg. Annual Appreciation
8.32%
Original Mortgage
$110,000
Outstanding Balance
$96,907
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$446,254

Purchase Details

Closed on
Sep 23, 2011
Sold by
Morrison Homes Inc
Bought by
Correia Gregory and Correia Tracey Ann Sugden

Purchase Details

Closed on
Jul 29, 2011
Sold by
Morrison Homes Inc
Bought by
Correia Gregory and Correia Tracey Ann Sugden

Purchase Details

Closed on
Oct 16, 2007
Sold by
Morrison Homes Inc
Bought by
Correia Correia Gregory Gregory and Correia Easton Tracey Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Interest Rate
6.37%
Mortgage Type
Negative Amortization
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
Munn Carolyn Sue $326,000 Florida Ttl & Guarantee Agcy
Correia Gregory -- Attorney
Correia Gregory -- Attorney
Correia Correia Gregory Gregory $295,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munn Carolyn Sue $110,000
Previous Owner Correia Correia Gregory Gregory $221,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2019 04/12/19 Sold $326,000 -4.8% $118 / Sq Ft
03/13/2019 03/13/19 Pending -- -- --
02/28/2019 02/28/19 Price Changed $342,500 -1.4% $124 / Sq Ft
10/01/2018 10/01/18 For Sale $347,500 -- $126 / 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
2025 $7,590 $357,863 -- --
2024 $7,590 $347,777 -- --
2023 $7,407 $337,648 $0 $0
2022 $7,329 $327,814 $0 $0
2021 $7,036 $318,266 $0 $0
2020 $7,171 $313,872 $45,000 $268,872
2019 $5,087 $310,145 $45,000 $265,145
2018 $3,432 $234,799 $0 $0
2017 $3,107 $228,554 $0 $0
2016 $2,629 $197,577 $0 $0
2015 $2,352 $182,052 $0 $0
2014 $2,352 $174,933 $0 $0
2013 $2,137 $155,974 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4414515

Stellar MLS

APN: 17356-2305-9