$425,000
SOLD JAN 30, 2025

5511 Avellino Place Sarasota, FL 34238

2 Beds
2 Baths
1,534 Sq Ft
4,706 Sq Ft Lot

Recently Sold

$277 Per Sq Ft

2 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Open Floorplan
  • Ashton Elementary School Rated A
  • Gated Community
  • Clubhouse

About This Home

As of January 2025

Villagewalk is a gated, resort-style community offering the perfect place to call home. This impeccably maintained two-bedroom, two-bathroom Capri III Villa is ideally located on a serene waterfront lot. The open floor plan includes a spacious great room, and dining area, creating a bright and inviting living space. The great room features vaulted ceilings, neutral colors and laminate flooring. The kitchen is light-filled and well-appointed with newer appliances, ample cabinet space, and a closet pantry. Ceramic tile and laminate flooring throughout—there’s no carpet here. The primary suite boasts a walk-in closet with built-in organizers, a dual-sink vanity, and a walk-in shower. Guests will appreciate their own private suite, complete with a walk-in closet and a full bathroom. The laundry room is designed for convenience, offering additional cabinet storage and a utility sink. Step outside to your private screened lanai overlooking the tranquil water, the perfect spot to relax and enjoy the beauty of nature. Additional features include hurricane shutters, central vacuum, attic storage, and an alarm system. Built by DiVosta, this home is constructed with poured concrete reinforced for lasting quality. VillageWalk provides first-class amenities, including six Har-Tru tennis courts, geothermal heated lagoon and lap pools, pickleball courts, bocce ball, basketball courts, and miles of walking and biking trails. The community clubhouse offers a fitness center, meeting space, and a library. The vibrant Town Center includes a restaurant, hair salon, boutique, gas station, Tiki bar and onsite HOA office. An HOA manager and events coordinator keep the community calendar full of activities for residents. Golf carts are welcome, adding to the ease of navigating this well-planned neighborhood. Conveniently located in an A-rated school district, VillageWalk is close to Publix, the Legacy Bike Trail, Costco, Siesta Key Beach, medical facilities, dining, and more. Don’t miss the opportunity to own this exceptional home in one of Palmer Ranch’s most sought-after communities. Call today to schedule a private showing!

Last Agent to Sell the Property

Brenda Mazzone

TOWN CENTER REALTY Brokerage Phone: 941-929-9333 License #3274049 Listed on: 12/07/2024

Last Buyer's Agent

Claude Pierre

CP REALTY INTERNATIONAL License #3189183

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,306

Year Built

  • Built in 2001

Lot Details

  • 4,706 Sq Ft Lot
  • Lake Front
  • North Facing Home
  • Mature Landscaping

HOA Fees

  • $440 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Mediterranean Architecture
  • Villa
  • Property Attached
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,534 Sq Ft Home
  • Open Floorplan
  • Vaulted Ceiling
  • Great Room
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Gate
  • Hurricane or Storm Shutters

Eco-Friendly Details

  • Whole House Vacuum System
  • Reclaimed Water Irrigation System

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, escrow reserves fund, ground maintenance, management
  • Colin Smart Association, Phone Number (941) 925-8775
  • Palmer Ranch Master Association
  • Built by DiVosta
  • Villagewalk Subdivision, Capri Iii Floorplan
  • Villagewalk Community
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, allowable golf cart usage in the community

Amenities

  • Restaurant
  • Clubhouse
  • Community Mailbox

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,306

Year Built

Built in 2001

Lot Details

0

HOA Fees

$440 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Escrow Reserves Fund, Maintenance Grounds, Management
  • Property Type: Residential
  • Property Sub Type: Villa
  • Architectural Style: Mediterranean
  • Construction Materials: Other
  • Fireplace: No
  • Living Area: 1534
  • Lot Size Acres: 0.11
  • New Construction: No
  • Year Built: 2001
  • Building Area Total: 2121
  • Lot Size Sq Ft: 4706
  • Directions to Property: from 75 take Clark Road exit, take right onto Clark Road, follow to left onto Honore Avenue, follow to main entrance of Villagewalk, it will be on your left. Through gate take right onto Camminare Drive, take right to continue on Camminare, Avellino is on your left, home will be on your right.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1047217
  • Minimum Lease: 4 Months
  • RATIO Current Price By Calculate: 277.05
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-929-9333
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Central Vaccum, Open Floorplan, Split Bedroom, Vaulted Ceiling(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Street Number Modifier: 5511
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Great Room
  • Living Area Meters: 142.51
  • Room Count: 4

Exterior Features

  • Direction Faces: North
  • Exterior Features: Hurricane Shutters, Irrigation System, Rain Gutters
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Screened
  • Road Surface Type: Paved
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2024-03-27
  • Flood Zone Panel: 12115C0227G

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Gated Community - Guard, Golf Carts OK, Pool, Restaurant, Sidewalks, Tennis Courts
  • Association Amenities: Basketball Court, Clubhouse, Fitness Center, Gated, Pickleball Court(s), Pool, Tennis Court(s)
  • Association Fee: 1321
  • Association Fee Frequency: Quarterly
  • Association Name: Colin Smart
  • Phone: 941-925-8775
  • Association: Yes
  • Security: Gated Community, Security Gate, Security System Owned
  • Senior Community: No
  • Association: Palmer Ranch Master Association
  • Association 2 YN: 1
  • Association Approval Required YN: 1
  • Pet Restrictions: no aggressive dogs
  • Association Fee Requirement: Required
  • Association Email: colin.smart@castlegroup.com

Fee Information

  • Total Annual Fees: 5284.00
  • Total Monthly Fees: 440.33
  • Monthly HOA Amount: 440.33

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0120060016
  • Additional Parcels: No
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 437

Green Features

  • Green Indoor Air Qlty: Whole House Vacuum System
  • Green Water Conservation: Irrigation-Reclaimed Water
  • Green Verification Count: 0

Building Info

  • Builder Name: DiVosta

Rental Info

  • Pets Allowed: Breed Restrictions
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: see HOA documents and rules

Tax Info

  • Tax Annual Amount: 4306
  • Tax Lot: 51

Multi Family

  • Waterfront Features: Lake
  • Approval Process: 100. application fee to HOA for approval

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2024
Closed on
Jan 30, 2025
Sold by
Hollings Phyllis A
Bought by
Summers Family Trust and Summers
Seller's Agent
Brenda Mazzone
TOWN CENTER REALTY
Buyer's Agent
Claude Pierre
CP REALTY INTERNATIONAL
List Price
$425,000
Sold Price
$425,000
Views
1
Current Estimated Value
$418,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,925
Avg. Annual Appreciation
0.39%

Purchase Details

Closed on
Jan 28, 2011
Sold by
Hollings Phyllis A
Bought by
Hollings Phyllis A

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
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2011
Sold by
Hollings Phyllis A
Bought by
Hollings Phyllis A

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
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2004
Sold by
Hollings Phyllis A
Bought by
Hollings Phyllis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.55%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 12, 2001
Sold by
Divosta & Co Inc
Bought by
Hollings Phyllis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,300
Interest Rate
6.87%
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 Type Sale Price Title Company
Warranty Deed $425,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed -- --
Deed $183,100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $129,500 New Conventional
Previous Owner $145,000 Unknown
Previous Owner $146,300 New Conventional
Previous Owner $146,300 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2025 01/30/25 Sold $425,000 0.0% $277 / Sq Ft
12/09/2024 12/09/24 Pending -- -- --
12/07/2024 12/07/24 For Sale $425,000 -- $277 / 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 $4,306 $313,850 -- --
2023 $4,306 $362,700 $112,300 $250,400
2022 $4,004 $335,100 $137,100 $198,000
2021 $3,302 $235,800 $76,900 $158,900
2020 $3,227 $226,000 $76,900 $149,100
2019 $3,324 $237,400 $79,300 $158,100
2018 $3,298 $237,000 $80,200 $156,800
2017 $3,365 $238,100 $69,000 $169,100
2016 $3,356 $233,300 $76,100 $157,200
2015 $3,213 $216,400 $69,700 $146,700
2014 $3,141 $195,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4631299

Stellar MLS

APN: 0120-06-0016