NOT LISTED FOR SALE

5427 Nutmeg Ave Sarasota, FL 34231

Estimated Value: $398,000 - $469,000

2 Beds
2 Baths
1,518 Sq Ft
$293/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $379,000 $250 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,768/month

18 Days on Market

Highlights

  • 72 Feet of Waterfront
  • Lake View
  • Midcentury Modern Architecture
  • Riverview High School Rated A
  • Open Floorplan
  • Fruit Trees

About This Home

As of July 2021

Are you looking for a home that takes your breath away every day? What a view! Please watch the virtual tour taken on 5/8/2021. Calling all nature lovers! You will love this one of a kind "mid-century feel" home, you will love this nuetral pallette which is reasy for you to personalize. Sit on your porch outside or look through the bay of windows across the back of your home, the lake view and tranquil landscaped yard with canopy trees will never disappoint! Are you wanting to kayak, canoe or paddle board? Just walk out your back door. This spacious 2 bedroom, 2 bath 1 car garage home has so much charm and plenty of upgrades, featuring beautiful terrazzo floors, with an open floor plan and vaulted ceilings which enhances the living room and dining room area. Enjoy the 16ft double-paned glass doors installed in (2010), front and back patios (2010), sprinkler irrigation (2010), Cedar Privacy fence (2010), updated plumbing (2010), new sewer (2018), new generator (2018) New A/C (2020) new hot water heater (2020) and custom plantation shutters for window coverings all surrounded by architecturally designed lush tropical landscaping with mature oaks, hanging stag-horns, banana, mango and avocado trees. The garage has a window a/c unit, perfect for storage, a workshop or art studio. Walking distance to beautiful Red Bug Slough and located in a desirable school district. Close proximity to shopping and restaurants, "A" rated school district and 1.5 miles to #1 voted beach by Trip Advisor 2017. "Siesta Key beach." Not Deed restricted. There is currently a tenant in place but will be leaving when the home sells. You won't want to miss this one! Stunning!

Last Agent to Sell the Property

Beth Harris

COMPASS FLORIDA LLC License #3335139 Listed on: 05/09/2021

COMPASS FLORIDA LLC

Last Buyer's Agent

Beth Harris

COMPASS FLORIDA LLC License #3335139 Listed on: 05/09/2021

COMPASS FLORIDA LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,068

Year Built

  • Built in 1965

Lot Details

  • 10,181 Sq Ft Lot
  • 72 Feet of Waterfront
  • Lake Front
  • West Facing Home
  • Wood Fence
  • Mature Landscaping
  • Irrigation
  • Fruit Trees
  • Land Lease expires 2/28/22
  • Property is zoned RSF3

Parking

  • 1 Car Attached Garage

Home Design

  • Midcentury Modern Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,518 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Shade Shutters
  • Shades
  • French Doors
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Terrazzo

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Access To Lake
  • Patio
  • Shed

Schools

  • Gulf Gate Elementary School
  • Brookside Middle School
  • Riverview High School

Utilities

  • Central Heating and Cooling System
  • Power Generator

Community Details

  • No Home Owners Association
  • Sun Haven Community
  • Sun Haven Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,068

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mid-Century Modern
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1518
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1965
  • Lot Size Sq Ft: 10181
  • Directions to Property: Head South on US 41 (Tamiami Trail) to Stickney Pt/Clark Road. Turn left on Clark Road heading East. Cross Swift Road, stay left lane. Turn left on Nutmeg. Continue on Nutmeg to 5427. Home on the right side.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4500292?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4500292?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 249.67
  • Close to Original List Price Ratio: 1
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Terrazzo
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Open Floorplan
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Other Equipment: Generator
  • Stories: 1
  • Window Features: Shades, Shade Shutter(s)
  • Street Number Modifier: 5427
  • Room Count: 3

Exterior Features

  • Direction Faces: West
  • Other Structures: Shed(s)
  • Exterior Features: Fenced, French Doors, Irrigation System
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Patio
  • Road Surface Type: Concrete
  • Water View: Lake
  • Water Access: Lake
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 72
  • Water Frontage Feet Lake: 72
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Gulf Gate Elementary
  • High School: Riverview High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0088060015
  • Additional Parcels: No
  • Fencing: Wood
  • Flood Zone Code: X
  • Land Lease Expiration Date: 2022-02-28

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No
  • Currency Monthly Rent Amt: 2000

Tax Info

  • Tax Annual Amount: 3067.67
  • Tax Book Number: 16-19
  • Tax Lot: 61

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2021
Closed on
Jul 30, 2021
Sold by
Mattocks Kenneth F and Mattocks Brenda A
Bought by
Sanschagrin Dennis and Sanschagrin Sandra
Seller's Agent
Beth Harris
COMPASS FLORIDA LLC
Buyer's Agent
Beth Harris
COMPASS FLORIDA LLC
List Price
$379,000
Sold Price
$379,000
Current Estimated Value
$445,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,250
Avg. Annual Appreciation
3.91%
Original Mortgage
$337,500
Outstanding Balance
$307,030
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$138,220

Purchase Details

Listed on
Apr 24, 2017
Closed on
May 30, 2017
Sold by
Barron John E and Barron Jamie H
Bought by
Mattocks Kenneth E and Mattocks Brenda A
Seller's Agent
Amy Tanaka
SILVER PALM REALTY
Buyer's Agent
Beth Harris
COMPASS FLORIDA LLC
List Price
$279,000
Sold Price
$279,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%
Original Mortgage
$197,800
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2017
Sold by
Barron Jamie H and Barron John E
Bought by
Barron John E and Barron Jamie H

Purchase Details

Closed on
Nov 18, 2009
Sold by
Barron John E and Barron Jamie H
Bought by
Barron Jamie H

Purchase Details

Closed on
Jan 9, 2009
Sold by
Thomson Randy Lee
Bought by
Barron John E and Barron Jamie H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 2004
Sold by
Cupps Elizabeth Jane
Bought by
Cups Elizabeth Jane and Thomson Randy Lee
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
Sanschagrin Dennis $379,000 Attorney
Mattocks Kenneth E $279,000 Attorney
Barron John E $45,000 Attorney
Barron Jamie H $58,000 Attorney
Barron John E $155,000 Attorney
Cups Elizabeth Jane -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanschagrin Dennis $337,500
Previous Owner Mattocks Kenneth E $197,800
Previous Owner Barron John E $116,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2021 07/30/21 Sold $379,000 0.0% $250 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
05/08/2021 05/08/21 For Sale $379,000 0.0% $250 / Sq Ft
02/26/2021 02/26/21 Rented $2,000 0.0% --
01/16/2021 01/16/21 For Rent $2,000 +2.6% --
08/17/2019 08/17/19 Rented $1,950 0.0% --
07/20/2019 07/20/19 Under Contract -- -- --
07/11/2019 07/11/19 For Rent $1,950 0.0% --
08/29/2017 08/29/17 Off Market $279,000 -- --
05/31/2017 05/31/17 Sold $279,000 0.0% $184 / Sq Ft View Prior Sale
05/05/2017 05/05/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $279,000 -- $184 / 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 $4,887 $436,500 $194,100 $242,400
2023 $4,887 $366,600 $194,600 $172,000
2022 $4,472 $328,700 $173,100 $155,600
2021 $3,378 $233,500 $113,100 $120,400
2020 $3,068 $197,700 $71,600 $126,100
2019 $2,589 $198,600 $72,800 $125,800
2018 $2,554 $210,800 $87,500 $123,300
2017 $2,319 $134,697 $0 $0
2016 $2,144 $145,600 $49,800 $95,800
2015 $2,020 $131,100 $45,200 $85,900
2014 $1,739 $94,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4500292

Stellar MLS

APN: 0088-06-0015