NOT LISTED FOR SALE

5261 Vanderipe Rd Sarasota, FL 34241

Myakka Valley Ranches Neighborhood

Estimated Value: $693,000 - $924,000

4 Beds
2 Baths
2,634 Sq Ft
$309/Sq Ft Est. Value

Last Sold December 14, 2020

Last sale price $543,000 $206 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,354/month

27 Days on Market

Highlights

  • 70 Feet of Waterfront
  • Barn
  • Oak Trees
  • Lakeview Elementary School Rated A
  • Horses Allowed in Community
  • Home fronts a pond

About This Home

As of December 2020

HUGE PRICE REDUCTION BY motivated seller! **OAK TREES, OPEN PASTURES, AND A GORGEOUS POND MAKE THIS ONE OF THE PRETTIEST COUNTRY HOMES AVAILABLE! ** Peacefully located near the end of Myakka Valley Ranches' most beautiful cul-de-sac, this awesome property is perfect for horse lovers who want privacy, natural beauty, and a special place to call home! Inside you'll find an open floorplan with real hardwood floors, an updated kitchen with propane gas, granite countertops, and roll-outs, and plenty of space to stretch out. Outside, dozens of trees lightly shade the wide-open paddocks and create a magnificent park-like setting. The oversized 20x30 concrete block barn with two big lean-to's is great for horses and/or a workshop and features a new metal roof. This is the home you've been waiting for! ** HOME FEATURES: * Open Floorplan * Hardwood Floors * Updated Kitchen w/ Granite and Gas Cooktop * Garage Conversion has bedroom and separate entrance (could be a great MOTHER-IN-LAW suite) * En-Suite Master With Oversized Shower * Wood Burning Fireplace * Pocket Sliders * Skylights * Big Screened Porch Spans Entire Rear of Home * Light, Bright, Open, and Airy * ** COMMUNITY FEATURES: Myakka Valley Ranches is Sarasota's most popular horse community!The private roads, easements, and saddle trails are perfect for hiking, horseback riding, bicycling, or jogging. Since the subdivision borders Myakka River State Park (Florida's biggest state park), there is an abundance of wildlife that you can enjoy throughout the subdivision. With riding, book, and women's clubs, holiday events, and some of the nicest neighbors you'll ever meet, Myakka Valley Ranches is the perfect location to get away from it all.

Last Agent to Sell the Property

Paul Wolbers

MANGROVE REALTY ASSOCIATES License #3198226 Listed on: 09/24/2020

Co-Listed By

Alex Krumm

NEXTHOME EXCELLENCE License #3181280

Last Buyer's Agent

Ryan Kessler

PHELPS REALTY GROUP License #3297654

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,823

Year Built

  • Built in 1979

Lot Details

  • 5.29 Acre Lot
  • Home fronts a pond
  • 70 Feet of Waterfront
  • Property fronts a private road
  • Southwest Facing Home
  • Wood Fence
  • Oak Trees
  • Property is zoned OUE

HOA Fees

  • $54 Monthly HOA Fees

Parking

  • 2 Carport Spaces

Home Design

  • Ranch Style House
  • Planned Development
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,634 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Sliding Doors
  • Great Room
  • Family Room
  • Bonus Room
  • Park or Greenbelt Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Screened Patio
  • Separate Outdoor Workshop
  • Porch

Schools

  • Lakeview Elementary School
  • Sarasota Middle School
  • Riverview High School

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Zoned For Horses

Utilities

  • Central Air
  • Heating System Uses Propane
  • Propane
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • Association fees include private road
  • Progressive Community Management Association, Phone Number (941) 921-5393
  • Visit Association Website
  • Myakka Valley Ranches Community
  • Myakka Valley Ranches Unit 3 Subdivision
  • The community has rules related to deed restrictions
  • Greenbelt

Recreation

  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,823

Year Built

Built in 1979

Lot Details

5.29 Acres

HOA Fees

$54 per month

Listing Details

  • HOA Fee Includes: Private Road
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 2634
  • Lot Size Acres: 5.29
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 3298
  • Lot Size Sq Ft: 230432
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4479042?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4479042?w=Customer
  • Homestead Y N: No
  • Number Of Pets: 10+
  • Total Acreage: 5 to less than 10
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 1839
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.90651
  • Price per Sq Ft: 206.15
  • Close to Original List Price Ratio: 0.83551
  • Ratio: Current Price\Building Area Total: 164.65
  • View: Yes
  • Co List Office Mls Id: 281530290
  • Co List Office Phone: 941-893-4505
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Open Floorplan, Skylight(s), Split Bedroom, Stone Counters
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Room Count: 7
  • Additional Rooms: Bonus Room, Family Room, Great Room

Exterior Features

  • Direction Faces: Southwest
  • Other Structures: Barn(s), Workshop
  • Exterior Features: Fenced, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Greenbelt
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0190F
  • Waterfront Frontage: 70
  • Water Frontage Feet Pond: 70

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Propane
  • Cooling: Central Air
  • Heating: Electric, Propane
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Horses Allowed
  • Association Fee: 650
  • Association Fee Frequency: Annually
  • Association Name: Progressive Community Management
  • Phone: 941-921-5393
  • Association: Yes
  • Senior Community: No
  • Association Website: pcmfla.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 650
  • Monthly HOA Fee: 54.17
  • Total Monthly Fees: 54.17

Schools

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

Lot Info

  • Zoning: OUE
  • Parcel Number: 0591020881
  • Additional Parcels: No
  • Fencing: Wood
  • Lot Features: Greenbelt, In County, Pasture, Zoned for Horses
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • Future Land Use: 0100
  • Zoning Compatible Y N: Yes

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 3823
  • Tax Book Number: 0022/0012
  • Tax Lot: 88

Multi Family

  • Waterfront Features: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Dec 10, 2020
Sold by
Strong Rosemary
Bought by
Bores Jason Matthew and Bores Michaela
Seller's Agent
Paul Wolbers
MANGROVE REALTY ASSOCIATES
Buyer's Agent
Ryan Kessler
PHELPS REALTY GROUP
List Price
$649,900
Sold Price
$543,000
Premium/Discount to List
-$106,900
-16.45%
Current Estimated Value
$813,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,770
Avg. Annual Appreciation
7.99%
Original Mortgage
$510,400
Outstanding Balance
$451,258
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
$362,512

Purchase Details

Closed on
Jul 30, 2009
Sold by
Bannerman Thomas E
Bought by
Strong William and Strong Jane

Purchase Details

Closed on
May 23, 2006
Sold by
Jantz Dolores and Bannerman Dolores
Bought by
Bannerman Thomas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 15, 2000
Sold by
1St Natl Bk Of Fl
Bought by
Bannerman Delores J and Bannerman Thomas E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bores Jason Matthew $543,000 Sarasota Title Services Inc
Strong William $230,000 Sunbelt Title Agency
Bannerman Thomas E -- Attorney
Bannerman Delores J -- --
Bannerman Delores J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bores Jason Matthew $510,400
Previous Owner Bannerman Thomas E $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2020 12/14/20 Sold $543,000 -9.3% $206 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
10/16/2020 10/16/20 Price Changed $599,000 -4.8% $227 / Sq Ft
10/02/2020 10/02/20 Price Changed $629,000 -3.2% $239 / Sq Ft
09/24/2020 09/24/20 For Sale $649,900 -- $247 / 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
2025 $790 $332,759 -- --
2024 $706 $323,381 -- --
2023 $706 $313,962 $0 $0
2022 $651 $304,817 $0 $0
2021 $598 $277,201 $0 $0
2020 $4,079 $281,400 $148,100 $133,300
2019 $3,824 $264,700 $145,200 $119,500
2018 $3,859 $269,200 $161,200 $108,000
2017 $3,894 $250,273 $0 $0
2016 $3,966 $288,800 $156,700 $132,100
2015 $3,712 $259,700 $142,500 $117,200
2014 $3,264 $170,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Paul Wolbers

    Seller's Agent in 2020

    Paul Wolbers

    MANGROVE REALTY ASSOCIATES

    (941) 350-4527

    10 in this area

    17 Total Sales

    Paul Wolbers
    Section Image
  • Alex Krumm

    Seller Co-Listing Agent in 2020

    Alex Krumm

    NEXTHOME EXCELLENCE

    (941) 234-3597

    1 in this area

    7 Total Sales

    Alex Krumm
    Section Image

  • R

    Buyer's Agent in 2020

    Ryan Kessler

    PHELPS REALTY GROUP

    (941) 227-4925

    29 Total Sales

    Ryan Kessler
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4479042

Stellar MLS

APN: 0591-02-0881

Florida Sarasota County Sarasota 34241 Myakka Valley Ranches

5261 Vanderipe Rd, Sarasota, FL

Not Listed for Sale

Detached

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Stellar MLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Based on information submitted to the MLS GRID

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

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