NOT LISTED FOR SALE

Estimated Value: $248,000 - $279,000

2 Beds
2 Baths
1,324 Sq Ft
$642/mo HOA Fee

Last Sold September 13, 2018

Last sale price $161,000 $122 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,304/month

3 Days on Market

Highlights

  • 72 Feet of Waterfront
  • On Golf Course
  • Oak Trees
  • Lakeview Elementary School Rated A
  • Fitness Center
  • Gated Community

About This Home

As of September 2018

Are you looking for the perfect winter-getaway and an outstanding value? Well, here is your opportunity and it is not going to last! Light, bright and just recently re-painted, this beautiful 2ndfloor DRUMMOND offers one of the best lake and golf views, not just in Heritage Oaks, but in all of Sarasota! With just a few minor upgrades this wonderful condo can compete with the best of New Construction. This highly desirable model sells TURNKEY FURNISHED and offers a perfect 2BR/2BA floor plan where you enjoy the views from the living areas. Highlights include the high cathedral ceilings, two screened-in and tiled lanais, tasteful furniture and a detached 1 Car Garage. This gated and "bundled" community has it all and is unparalleled in the whole Sarasota area: Heritage Oaks Golf & Country Club is well funded, established and financially strong. Its location is hard to beat: Less than 25 minutes from the No. 1 beach in the entire country on Siesta Key, this warm and welcoming community offers an 18 hole championship golf course that was just re-designed and re-opened in November 2017, an award-winning pro shop “boutique” with a great selection of high-end apparel and sporting goods, 5 heated swimming pools, 4 Har-Tru tennis courts and an active Tennis Club, a fitness center with superior equipment and daily fitness classes given by the on-staff Fitness Director. Heritage Oaks is also home of one of Sarasota's most beautiful clubhouses with a formal restaurant and a more casual Lounge & Bar and a social calendar filled with numerous parties, organized activities outside the community and a multitude of social events to entertain established and brand-new members alike. This community stays on the pulse and continuously adjusts to meet the expectations of new and existing members and therefore constantly improves. All roads were re-done in 2017/2018. The grounds are always impeccably maintained. Most importantly: You will make new friends in no time. Heritage Oaks is well-known for its friendly and welcoming members. This is the perfect lifestyle to enjoy your winters or your retirement in one of the most beautiful and fastest-growing towns on Florida’s beautiful west coast.

Last Agent to Sell the Property

Anja Deichmann

MICHAEL SAUNDERS & COMPANY License #3113686 Listed on: 08/17/2018

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Christina Minnick

COLDWELL BANKER SARASOTA CENT. License #3351956

COLDWELL BANKER SARASOTA CENT.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,955

Year Built

  • Built in 2003

Lot Details

  • 72 Feet of Waterfront
  • Lake Front
  • On Golf Course
  • West Facing Home
  • Mature Landscaping
  • Irrigation
  • Oak Trees

HOA Fees

  • $642 Monthly HOA Fees

Parking

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

Property Views

  • Lake
  • Golf Course
  • Woods

Home Design

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

Interior Spaces

  • 1,324 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Furnished
  • Vaulted Ceiling
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Security Gate

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, electricity, escrow reserves fund, maintenance structure, ground maintenance, recreational facilities, security, sewer, trash, water
  • Argus Management Rico Association, Phone Number (941) 927-6464
  • Heritage Oaks Golf & Country Club Community
  • Heritage Oaks Veranda 8 Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions, allowable golf cart usage in the community
  • Rental Restrictions

Amenities

  • Sauna
  • Clubhouse

Recreation

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

Pet Policy

  • Pet Size Limit
  • Small pets allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,955

Year Built

Built in 2003

Lot Details

0

HOA Fees

$642 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Electricity, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1324
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 1530
  • Directions to Property: Bee Ridge Road to Bee Ridge Extension, south on Bee Ridge Extension to Heritage Oaks Golf & Country Club on the right, thru gate, left turn at stop sign on Chase Oaks, left on Bandmore, right on Hyland Hills. Follow around to 5310 Hyland Hills #2126.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4411197&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4411197&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.98773
  • Price per Sq Ft: 121.6
  • Close to Original List Price Ratio: 0.98773
  • Ratio: Current Price\Building Area Total: 105.23
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: High Ceiling(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 2
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 5310
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Irrigation System, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Golf Course, Trees/Woods, Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Front Porch, 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: 12115C0170F
  • Waterfront Frontage: 72
  • Water Frontage Feet Lake: 72
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Phone Available, Public, Sewer Available, Underground Utilities, Water Available
  • Cooling: Central Air
  • Heating: Central, 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: Buyer Approval Required, Deed Restrictions, Fitness, Gated Community, Golf Carts OK, Golf, Pool, Sidewalk, Tennis Courts, Waterfront
  • Association Amenities: Cable TV, Clubhouse, Fitness Center, Gated, Golf Course, Maintenance, Pool, Sauna, Security, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 7700
  • Association Fee Frequency: Annually
  • Association Name: Argus Management - Rico
  • Phone: 941-927-6464
  • Association: Yes
  • Security: Fire Alarm, Fire Sprinkler System, Gated Community, Secured Garage/Parking, Security Gate, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 736
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 245
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 10644
  • Monthly HOA Fee: 641.67
  • Total Monthly Fees: 887

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0268072046
  • Additional Parcels: No
  • Lot Features: In County, On Golf Course, Sidewalk
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Size Limit, Yes
  • Pet Size: Small (16-35 Lbs.)
  • Minimum Lease: 1 Month
  • Approval Process: Approval required
  • Num Timesper Year: 12
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Lease restrictions

Tax Info

  • Tax Annual Amount: 1955
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2018
Closed on
Sep 13, 2018
Sold by
Smoots John P and Smoots Margaret L
Bought by
Warren Gary D and Warren Patricia M
Seller's Agent
Anja Deichmann
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Christina Minnick
COLDWELL BANKER SARASOTA CENT.
List Price
$163,000
Sold Price
$161,000
Premium/Discount to List
-$2,000
-1.23%
Total Days on Market
3
Current Estimated Value
$266,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,316
Avg. Annual Appreciation
7.94%
Original Mortgage
$1,127
Outstanding Balance
$987
Interest Rate
4.6%
Estimated Equity
$273,639

Purchase Details

Closed on
Apr 10, 2003
Sold by
U S Home Corp
Bought by
Smoots John P
Source: Public Records

Range of Values:

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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
Warren Gary D $161,000 Sunbelt Title Agency
Smoots John P $181,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smoots John P $1,127
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2018 09/13/18 Sold $161,000 -1.2% $122 / Sq Ft
08/20/2018 08/20/18 Pending -- -- --
08/17/2018 08/17/18 For Sale $163,000 -- $123 / 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 $2,665 $156,393 -- --
2023 $2,665 $224,200 $0 $224,200
2022 $2,379 $194,300 $0 $194,300
2021 $1,861 $117,500 $0 $117,500
2020 $1,919 $120,900 $0 $120,900
2019 $1,987 $129,300 $0 $129,300
2018 $1,889 $123,100 $0 $123,100
2017 $1,956 $126,200 $0 $126,200
2016 $2,064 $133,600 $0 $133,600
2015 $1,911 $116,200 $0 $116,200
2014 $1,888 $106,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4411197

Stellar MLS

APN: 0268-07-2046