NOT LISTED FOR SALE

5328 Colony Meadows Ln Sarasota, FL 34233

Estimated Value: $423,095 - $483,000

3 Beds
2 Baths
1,648 Sq Ft
$276/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $259,500 $157 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,731/month

14 Days on Market

Highlights

  • Oak Trees
  • Pond View
  • Deck
  • Ashton Elementary School Rated A
  • Open Floorplan
  • Ranch Style House

About This Home

As of April 2017

This VERY clean one owner home features 3 bedrooms and 2 baths centrally in Sarasota just down the street from Ashton Elementary school on a quiet low-traffic dead-end street! That's right, the owners bought this home NEW and have loved it for over 20+ years. You will really love this great room plan too! You will first notice the vaulted ceilings giving the home an open and airy feel. Ceramic tile through most of the home, with a nice size master bedroom and bath, along with 2 additional bedrooms and additional full bathroom. The spacious kitchen has plenty of room for cooking fans, features an additional breakfast bar along with a flex space area which can be used for an eat-in space within the kitchen, or some will choose to create a nice sitting area overlooking the spacious lanai scenic back yard. Open the sliders to the oversize screened lanai which is perfect for outdoor cooking, entertaining or relaxing. The back yard has an overall feeling of tranquillity with a small shell path leading to the pond area at rear of property. In the non-rainy months, the pond recedes with a nice private rear yard with no neighbors behind you . In the summer, the pond area expands for a nice little pond view! This home is in GREAT condition with a BRAND NEW ROOF and has been freshly painted! Even the interior of the garage is clean! It's a perfect location, quiet road with little traffic, and the new buyer will enjoy convenience and easy living with great schools and short drive to everything!

Last Agent to Sell the Property

Bill McCue

BRIGHT REALTY License #3050320 Listed on: 03/06/2017

BRIGHT REALTY

Co-Listed By

John Brink

OCEANS GLOBAL REALTY, LLC License #3596306

Last Buyer's Agent

Carla Wright

ROSEBAY INTERNATIONAL REALTY, INC License #3340561

ROSEBAY INTERNATIONAL REALTY, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,704

Year Built

  • Built in 1998

Lot Details

  • 5,772 Sq Ft Lot
  • Street terminates at a dead end
  • Mature Landscaping
  • Oak Trees
  • Property is zoned RSF4

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,648 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Pond Views
  • Attic

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Eco-Friendly Details

  • HVAC Filter MERV Rating 8+
  • Water Recycling

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Rain Gutters

Schools

  • Ashton Elementary School
  • Sarasota Middle School
  • Riverview High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Fiber Optics Available
  • Cable TV Available

Community Details

  • Colony Meadows Community
  • Colony Meadows Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,704

Year Built

Built in 1998

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1648
  • Lot Size Acres: 0.13
  • New Construction: No
  • Year Built: 1998
  • Building Area Total: 2438
  • Lot Size Sq Ft: 5772
  • Directions to Property: Clark road, North on Honore. right on Colony Meadows Lane (1 block prior to Ashton) 4th house on right.
  • Status: Sold
  • Co List Office Mls Id: MFR281517902
  • Co List Office Phone: 941-552-6036
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Appraiser
  • Available for Lease YN: 1
  • List Office Head Office Key Nume: 1047333
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 157.46
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Water Access YN: 0
  • Tax Year: 2016
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Attic, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Microwave Hood, Oven, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 5328
  • ResoLivingAreaSource: Appraiser
  • Additional Rooms: Attic,Family Room,Great Room
  • Room Count: 7

Exterior Features

  • Exterior Features: Sliding Doors, Rain Gutters
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Deck, Enclosed, Patio, Porch, Screened
  • Water Extras YN: 0
  • Water View: Pond
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04T00:00:00.000
  • Flood Zone Panel: 12115C0164F

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fiber Optics, Public
  • Cooling: Central Air
  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, None
  • Association Fee: 185
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required

Fee Information

  • Monthly HOA Amount: 15.42

Schools

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

Lot Info

  • Zoning: RSF4
  • Parcel Number: 0094050023
  • Additional Parcels: No
  • Lot Features: Street Dead-End
  • Flood Zone Code: X
  • Homestead YN: 1

Green Features

  • Green Indoor Air Qlty: HVAC Filter MERV 8+
  • Green Water Conservation: Water Recycling
  • Green Landscaping: Fl. Friendly/Native Landscape,Rain Water Harvesting

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 1704
  • Tax Book Number: 39-14
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2020
Sold by
Redmond Kelsey and Redmon Tyler James
Bought by
Redmon Kelsey and Redmon Tyler James
Current Estimated Value
$454,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Outstanding Balance
$190,342
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$263,474

Purchase Details

Listed on
Mar 6, 2017
Closed on
Apr 28, 2017
Sold by
Eddins William R and Eddins Evelyn M
Bought by
Wright Kelsey
Seller's Agent
Bill McCue
BRIGHT REALTY
Buyer's Agent
Carla Wright
ROSEBAY INTERNATIONAL REALTY, INC
List Price
$270,000
Sold Price
$259,500
Premium/Discount to List
-$10,500
-3.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.94%
Original Mortgage
$220,575
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 1998
Sold by
Kolbe Dev Corp
Bought by
Eddins William R and Eddins Evelyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.04%

Purchase Details

Closed on
Feb 24, 1998
Sold by
B D S Dev Corp
Bought by
Kolbe Dev Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,400
Interest Rate
6.86%
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
Redmon Kelsey -- Old Republic Title
Wright Kelsey $259,500 Attorney
Eddins William R $135,000 --
Kolbe Dev Corp $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redmon Kelsey $217,500
Closed Wright Kelsey $220,575
Previous Owner Eddins William R $108,000
Previous Owner Kolbe Dev Corp $112,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2017 07/29/17 Off Market $259,500 -- --
04/28/2017 04/28/17 Sold $259,500 -3.9% $157 / Sq Ft
03/21/2017 03/21/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $270,000 -- $164 / 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 $2,878 $245,022 -- --
2023 $2,878 $237,885 $0 $0
2022 $2,763 $230,956 $0 $0
2021 $2,741 $224,229 $0 $0
2020 $2,739 $221,133 $0 $0
2019 $2,633 $216,161 $0 $0
2018 $2,561 $212,131 $0 $0
2017 $1,719 $142,283 $0 $0
2016 $1,704 $180,000 $47,900 $132,100
2015 $1,730 $168,900 $36,900 $132,000
2014 $1,755 $135,261 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4179801

Stellar MLS

APN: 0094-05-0023