NOT LISTED FOR SALE

5281 Heron Way Unit 104 Sarasota, FL 34231

The Landings Neighborhood

Estimated Value: $462,000 - $520,000

2 Beds
2 Baths
1,712 Sq Ft
$102/mo HOA Fee

Last Sold September 14, 2018

Last sale price $310,000 $181 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,122/month

26 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Clubhouse
  • Phillippi Shores Elementary School Rated A
  • Lake View
  • Contemporary Architecture

About This Home

As of September 2018

Take a look- an updated 1st floor Coach House on Heron Way with wide lake and fountain views. A very peaceful setting from with to enjoy watching nature with many birds and fish on Heron Lake. Whether relaxing on the expanded outdoor paver patio or sitting at the custom work station which overlooks the lake, you will find your happy place in this condo. No renovation to do- it is all done. Floor is tile in the main living area, engineered wood in the kitchen and bedrooms. Cabinetry in the kitchen is wood, countertops are granite and appliance package is stainless. The kitchen has been reconfigured to maximize the view as well- the counter top has been extended to create a perfect breakfast bar. The spacious master suite offers a reading/yoga nook, walk-in closet, separate vanity area and lovely bath with expansive marble shower. The open living/dining room features tile floors and flows into the den/Florida room with lake view which has the custom office area. One car garage, paver driveway and walkways. This home is an easy move in for your full time or seasonal use. Just around the corner from the private Landings Racquet and Fitness Club with 8 Har Tru tennis courts, a fitness center and heated pool/spa. The Landings Racquet Club hosts numerous social activities & tennis events and provides a wonderful community feeling. The Landings neighborhood features 24 hour guard-gate, established tropical landscaping, & picturesque nature trail leading to the charming waterfront gazebo/fishing pier on Roberts Bay.
Fees: Landings South 3- $1050/qtr, Landings Management Assoc - $1219/year and Landings Racquet Club - $1244/year.

Last Agent to Sell the Property

Tara Lamb

MICHAEL SAUNDERS & COMPANY License #0682501 Listed on: 07/11/2018

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Judy Greene

MICHAEL SAUNDERS & COMPANY License #0590524

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,037

Year Built

  • Built in 1986

Lot Details

  • 7

HOA Fees

  • $102 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,712 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Riverview High School

Utilities

  • Central Air
  • Heating Available
  • Underground Utilities

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, insurance, maintenance structure, ground maintenance, manager, security
  • $104 Other Monthly Fees
  • Cmr Donnie Melendy Association, Phone Number (941) 378-1777
  • Landings South Community
  • Landings South Iii Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets up to 25 lbs
  • Pet Size Limit
  • 1 Pet Allowed

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,037

Year Built

Built in 1986

Lot Details

0

HOA Fees

$102 per month

Parking

1

Listing Details

  • HOA Fee Includes: Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Security
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1712
  • New Construction: No
  • Year Built: 1986
  • Building Area Total: 2017
  • Directions to Property: 41 South of Proctor to Landings Blvd, through gate, follow landings Blvd around to Right on Heron Way to 5281
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4408195&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4408195&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Other Fees Amount: 1244
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.95385
  • Price per Sq Ft: 181.07
  • Close to Original List Price Ratio: 0.95385
  • Ratio: Current Price\Building Area Total: 153.69
  • View: Yes
  • Co List Office Mls Id: 281502395
  • Co List Office Phone: 941-349-3444
  • Ownership: Condominium
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Engineered Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Window Features: Blinds
  • Street Number Modifier: 5281
  • Room Count: 5
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Patio
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0143F
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: Public, Underground Utilities
  • 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, Fitness, Gated Community, Pool, Tennis Courts
  • Association Amenities: Clubhouse, Fitness Center, Gated, Pool, Sauna, Security, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 1219
  • Association Fee Frequency: Annually
  • Association Name: CMR Donnie Melendy
  • Phone: 941-378-1777
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Condo Fees: 1050
  • Condo Fees Term: Quarterly
  • Other Fees Term: Annual
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 350
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 6663
  • Monthly HOA Fee: 101.58
  • Total Monthly Fees: 555.25

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Riverview High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0084023036
  • Additional Parcels: No
  • Property Attached Yn: Yes
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Number Limit, Size Limit
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 25
  • Minimum Lease: 3 Months
  • Approval Process: See additional docs
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See additional docs

Tax Info

  • Tax Annual Amount: 3037
  • Tax Block: 5
  • Tax Book Number: 1843-1353
  • Tax Lot: 104

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2018
Closed on
Sep 14, 2018
Sold by
Small Stephen J and Small Constance B
Bought by
Rowe Joyce A
Seller's Agent
Tara Lamb
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%
Total Days on Market
26
Current Estimated Value
$492,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,225
Avg. Annual Appreciation
7.73%
Original Mortgage
$250,000
Outstanding Balance
$221,108
Interest Rate
4.6%
Mortgage Type
Balloon
Estimated Equity
$290,314

Purchase Details

Closed on
Jun 15, 2012
Sold by
Small Marjorie L
Bought by
Small Stephen J and Small Constance B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 1998
Sold by
Ward James T and Ward Kathleen
Bought by
Small Marjorie L
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
Rowe Joyce A $310,000 Attorney
Small Stephen J $185,000 Attorney
Small Marjorie L $158,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rowe Joyce A $250,000
Previous Owner Small Stephen J $129,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2018 09/14/18 Sold $310,000 -4.6% $181 / Sq Ft
08/06/2018 08/06/18 Pending -- -- --
07/11/2018 07/11/18 For Sale $325,000 -- $190 / 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 $3,082 $259,831 -- --
2023 $3,082 $252,263 $0 $0
2022 $2,969 $244,916 $0 $0
2021 $2,946 $237,783 $0 $0
2020 $2,946 $234,500 $0 $234,500
2019 $2,945 $237,700 $0 $237,700
2018 $3,038 $210,700 $0 $210,700
2017 $3,037 $206,900 $0 $206,900
2016 $2,970 $196,800 $0 $196,800
2015 $2,902 $191,800 $0 $191,800
2014 $2,580 $147,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4408195

Stellar MLS

APN: 0084-02-3036