NOT LISTED FOR SALE

5251 Mahogany Run Ave Unit 525 Sarasota, FL 34241

Heritage Oaks Golf & Country Club Neighborhood

Estimated Value: $290,071 - $342,000

2 Beds

2 Baths

1,433 Sq Ft

$237/mo HOA Fee

Last sale price $157,000 $110 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,164/month

54 Days on Market

Highlights

25 Feet of Waterfront
Oak Trees
Lake View
Lakeview Elementary School Rated A
Heated Indoor Pool
Deck

About This Home

As of May 2014

Premiere Lake Views encapsulate this stunning, immaculate condo. Relax on the veranda overlooking blue skies and lazy clouds as they reflect off the tranquil lake, enveloped by the lush green fairway. Surrounded by seven preserves, this piece of paradise boasts an all inclusive lifestyle experience. Vaulted ceilings and beautifully decorated, this furnished 2 bedroom/2 bath + den split plan condo with detached garage will afford you years of delight. Preserving Florida's natural beauty on over 50 acres of preserves and wetlands as a member of Sarasota Green Business Partners, you will find this not only a golfer's dream, but also a bird watchers haven on this certified Audubon Sanctuary. Play as much golf as you would like on the 18 hole Azinger/Lewis resident owned golf course, or join one of the many member leagues for all levels of play. Cool off poolside, and then enjoy an award winning dinner at the club house. Heritage Oaks provides you with a vast array of amenities including social events, lighted tennis courts, full fitness center, pro shop, and 19th Hole Bar and Grill. Just minutes from Sarasota's world Famous Beaches and eclectic downtown Sarasota, this is the perfect golfer's paradise!

Last Listed By

Lisa Kartz

SARABAY REAL ESTATE INC License #3236783 Listed on: 01/16/2014

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,943

Year Built

Built in 1998

Lot Details

25 Feet of Waterfront
Lake Front
Southeast Facing Home
Mature Landscaping
Well Sprinkler System
Oak Trees
Zero Lot Line

HOA Fees

$237 Monthly HOA Fees

Parking

1 Car Garage
Garage Door Opener
Secured Garage or Parking
Open Parking

Property Views

Lake
Golf Course

Home Design

Contemporary Architecture
Slab Foundation
Shingle Roof
Block Exterior

Interior Spaces

1,433 Sq Ft Home
2-Story Property
Furnished
Crown Molding
Cathedral Ceiling
Ceiling Fan
Blinds
Sliding Doors
Entrance Foyer
Combination Dining and Living Room
Inside Utility

Kitchen

Eat-In Kitchen
Oven
Microwave
Dishwasher
Disposal

Flooring

Carpet
Ceramic Tile

Bedrooms and Bathrooms

2 Bedrooms
Split Bedroom Floorplan
Walk-In Closet
2 Full Bathrooms

Laundry

Laundry in unit
Dryer
Washer

Home Security

Pool

Heated Indoor Pool
Saltwater Pool

Outdoor Features

Balcony
Deck
Covered patio or porch
Rain Gutters

Schools

Lakeview Elementary School
Sarasota Middle School
Riverview High School

Utilities

Central Heating and Cooling System
Underground Utilities
Cable TV Available

Listing and Financial Details

Down Payment Assistance Available
Visit Down Payment Resource Website
Legal Lot and Block 525 / 5
Assessor Parcel Number 0268081011

Community Details

Overview

Association fees include maintenance structure, ground maintenance, security
$200 Other Monthly Fees
Veranda At Heritage Oaks Community
Veranda 2 At Heritage Oaks Subdivision
The community has rules related to deed restrictions

Recreation

Community Pool

Pet Policy

Pets up to 25 lbs
2 Pets Allowed

Security

Fire and Smoke Detector
Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,943

Year Built

Built in 1998

Lot Details

HOA Fees

$237 per month

Parking

Listing Details

HOA Fee Includes: Maintenance Structure, Maintenance Grounds, Security
Property Type: Residential
Property Sub Type: Condominium
Architectural Style: Contemporary
Construction Materials: Block
Fireplace: No
Living Area: 1433
New Construction: No
Year Built: 1998
Building Area Total: 1675
Directions to Property: East or West on Bee ridge Extension to Heritage Oaks, turn in Heritage Oaks follow Mahogany Run signs to 5251 Mahogany Run
Status: Sold
Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=M5843181&show_results=true&skip_sso=true
Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=M5843181&cview=true&show_results=true&customer_portal=true
Floor Number: 2
Homestead Y N: No
Number Of Pets: 2
Total Acreage: 0 to less than 1/4
Home Warranty Y N: No
Subdivision Num: 8167
Other Fees Amount: 600
Call Center Phone Number: 941-587-3602
Ratio: Close Price\List Price: 0.98125
Price per Sq Ft: 109.56
Close to Original List Price Ratio: 0.98125
Ratio: Current Price\Building Area Total: 93.73
View: Yes
Ownership: Condominium
ResoBuildingAreaSource: PublicRecords
Tax Year: 2013
Special Features: VirtualTour

Interior Features

Living Area Units: Square Feet
Flooring: Carpet, Ceramic Tile
Full Bathrooms: 2
Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Central Vaccum, Crown Molding, Eating Space In Kitchen, Living Room/Dining Room Combo, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
Foundation Details: Slab
Total Bedrooms: 2
Levels: Two
Stories: 2
Window Features: Blinds, Window Treatments
Street Number Modifier: 5251
Room Count: 7
Additional Rooms: Foyer, Inside Utility
ResoLivingAreaSource: PublicRecords

Exterior Features

Direction Faces: Southeast
Pool Features: Heated, Indoor, Salt Water
Exterior Features: Balcony, Irrigation System, Rain Gutters, Sliding Doors
Roof: Shingle
Pool Private: No
View: Golf Course, Water
Waterfront: Yes
Patio and Porch Features: Covered, Deck, Patio, Porch
Road Surface Type: Paved
Water View: Lake
Water View Y N: Yes
Water Access Y N: No
Water Extras Y N: No
Waterfront Frontage: 25
Disclosures: HOA/PUD/Condo Disclosure

Garage/Parking

Attached Garage: No
Garage Spaces: 1
Garage Yn: Yes
Parking Features: Garage Door Opener, Guest, In Garage, Secured
Covered Parking Spaces: 1
Open Parking: Yes

Utilities

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

Condo/Co-op/Association

Community Features: Deed Restrictions, Pool
Association Fee: 710
Association Fee Frequency: Quarterly
Association: Yes
Security: Fire Sprinkler System, Secured Garage/Parking, Smoke Detector(s)
Senior Community: No
Condo Fees: 2712
Other Fees Term: Annual
Monthly Condo Fee Amount: 452
Association Fee Requirement: Required

Fee Information

Total Annual Fees: 6152
Monthly HOA Fee: 236.67
Total Monthly Fees: 512.67

Schools

Elementary School: Lakeview Elementary
High School: Riverview High
Middle Or Junior School: Sarasota Middle

Lot Info

Zoning: CON
Parcel Number: 0268081011
Additional Parcels: No
Lot Features: Zero Lot Line
Future Land Use: 0403
Zoning Compatible Y N: Yes
ResoLotSizeUnits: SquareFeet

Rental Info

Furnished: Furnished
Pets Allowed: Yes
Pet Size: Small (16-35 Lbs.)
Max Pet Weight: 25
Pet Restrictions: Listing Agent has all the information please call Lisa Kartz 941-587-3602.
Expected Lease Date: 2014-05-01T04:00:00.000Z

Tax Info

Tax Annual Amount: 1943
Tax Block: 5
Tax Lot: 525

Multi Family

Waterfront Features: Lake

Ownership History

Apr 2014 - Present Norton Edward L and Norton Mary Ann 11 Years and 1 Month

Private Individual

Purchase Details

Listed on

Jan 16, 2014

Closed on

Apr 29, 2014

Sold by

Gualardo Joseph B and Gualardo Rosalie A

Bought by

Norton Edward L and Norton Mary Ann

Seller's Agent

Lisa Kartz

SARABAY REAL ESTATE INC

Buyer's Agent

Roxanne Foley

FINE PROPERTIES

List Price

$160,000

Sold Price

$157,000

Premium/Discount to List

-$3,000

-1.88%

Total Days on Market

Current Estimated Value

$304,768

Estimated Appreciation

$147,768

Avg. Annual Appreciation

6.28%

Original Mortgage

$125,600

Interest Rate

4.37%

Mortgage Type

New Conventional

Apr 2014 - Apr 2014 Gualardo Joseph B and Gualardo Rosalie A Less than a month

Private Individual

Purchase Details

Listed on

Jan 16, 2014

Closed on

Apr 21, 2014

Sold by

Gualardo Samuel J and Gualardo Pamela I

Bought by

Gualardo Joseph B and Gualardo Rosalie A

Seller's Agent

Lisa Kartz

SARABAY REAL ESTATE INC

Buyer's Agent

Roxanne Foley

FINE PROPERTIES

List Price

$160,000

Sold Price

$157,000

Premium/Discount to List

-$3,000

-1.88%

Original Mortgage

$125,600

Interest Rate

4.37%

Mortgage Type

New Conventional

Feb 2002 - Apr 2014 Gualardo Joseph B and Gualardo Rosalie A 12 Years and 2 Months

Private Individual

Purchase Details

Closed on

Feb 15, 2002

Sold by

Gualardo Samuel J and Gualardo Pamela I

Bought by

Gualardo Joseph B and Gualardo Rosalie A

Sep 1998 - Feb 2002 Gualardo Samuel J and Gualardo Pamela I 3 Years and 5 Months

Private Individual

Purchase Details

Closed on

Sep 30, 1998

Sold by

U S Home Corp

Bought by

Gualardo Samuel J and Gualardo Pamela I

Original Mortgage

$55,950

Interest Rate

6.95%

Average Value

Not Available

List Price

Sold Price

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Purchase History

Buyer	Sale Price	Title Company
Norton Edward L	$157,000	First American Title Ins Co
Gualardo Joseph B	$26,500	--
Gualardo Samuel J	$133,000	--

Source: Public Records

Mortgage History

Status	Borrower	Loan Amount
Open	Norton Mary Ann	$219,000
Closed	Norton Edward L	$125,600
Previous Owner	Gualardo Joseph B	$49,000
Previous Owner	Gualardo Samuel J	$55,950

Source: Public Records

Property History

Date	Event	Price	Change	Sq Ft Price
05/01/2014 05/01/14	Sold	$157,000	-1.9%	$110 / Sq Ft
03/12/2014 03/12/14	Pending	--	--	--
01/16/2014 01/16/14	For Sale	$160,000	--	$112 / Sq Ft

Source: Stellar MLS

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	$2,839	$166,242	--	--
2023	$2,839	$241,000	$0	$241,000
2022	$2,529	$208,100	$0	$208,100
2021	$1,969	$124,900	$0	$124,900
2020	$2,030	$128,400	$0	$128,400
2019	$2,106	$137,500	$0	$137,500
2018	$2,022	$132,400	$0	$132,400
2017	$2,093	$135,700	$0	$135,700
2016	$2,206	$143,600	$0	$143,600
2015	$1,928	$116,500	$0	$116,500
2014	$1,949	$115,300	$0	$0

Source: Public Records

Agents Affiliated with this Home

Seller's Agent in 2014

Lisa Kartz

SARABAY REAL ESTATE INC

(941) 587-3602

52 Total Sales

Lisa Kartz
Buyer's Agent in 2014

Roxanne Foley

FINE PROPERTIES

(941) 315-0066

11 Total Sales

Roxanne Foley

See All Agents

Map

Source: Stellar MLS

MLS Number: M5843181

APN: 0268-08-1011

Florida Sarasota County Sarasota 34241 Heritage Oaks Golf & Country Club

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

Nearby Homes

5251 Mahogany Run Ave Unit 525 Sarasota, FL 34241

Last Sold May 01, 2014

Highlights

About This Home

Property Details

Community Details

Property Details

Ownership History

Purchase Details

Home Financials for this Owner

Purchase Details

Home Financials for this Owner

Purchase Details

Purchase Details

Home Financials for this Owner

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Average Home Value in this Area

Purchase History

Mortgage History

Property History

Tax History Compared to Growth

Tax History

Agents Affiliated with this Home

Map