NOT LISTED FOR SALE

5518 Forester Lake Dr Sarasota, FL 34243

Estimated Value: $396,322 - $411,000

4 Beds
3 Baths
1,939 Sq Ft
$208/Sq Ft Est. Value

Last Sold January 08, 2024

Last sale price $430,000 $222 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,316/month

155 Days on Market

Highlights

  • Oak Trees
  • Pond View
  • Deck
  • Booker High School Rated A-
  • Open Floorplan
  • Living Room with Fireplace

About This Home

As of January 2024

Cedar Creek - A Hightly Desiable Community right off University Pkwy. Very Close to Sarasota Bradenton Int Airport, University Town Center (UTC), Nathan Benderso Park, The John and Mable Ringling Museum of Art, and all kinds of shopping & restaurant! Yet it’s also convenient to I-75, Downtown, and The Famous Beaches! Matured Landscaped Community Entrance makes you think as if you were on Vacation in a forest. The 2-Story well maintained home has such unique features: Ground Floor has a complete Bedroom that could be another Master Bedroom. You can step out to the well maintained back yard from the sliding door to enjoy the water view and landscaping. The Bonus Room in Ground Floor could be your Office or Hobby Room. Oversized 2-Car Garage gives a plenty extra room to store Bikes, Kayak, and more. Enjoy Bright Open Living Room with Wood Burning Fireplace! Soothing Water View from the Dining Room and Kitchen also lets you enjoy a majestic Sunset. Have a morning coffee at the outdoor deck right off the kitchen and listen to the bird singing. There are 3 bedrooms & 2 Baths in the second floor: Master Bedroom offers you a beautiful Backyard & Water view! 2nd & 3rd Bedroom are also bright and lively. Of course it’s a Pet friendly community! There are so many potentials in this charming 2-Story House! It’s hard to beat such a breathtaking back yard, and such a convenient location! Location, yes indeed! Bring your imagination to make your own Jewel Box in Cedar Creek!

Last Agent to Sell the Property

Aki Morgan

COLDWELL BANKER REALTY Brokerage Phone: 941-366-8070 License #3180106 Listed on: 07/08/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

Benjamin Bruce

NATHAN WEAVER LIC RE BROKER License #3363018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,788

Year Built

  • Built in 1988

Lot Details

  • 7,563 Sq Ft Lot
  • South Facing Home
  • Irrigation
  • Oak Trees
  • Fruit Trees
  • Property is zoned RSF2

HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Ground Level Parking
  • Garage Door Opener
  • Driveway

Home Design

  • Bi-Level Home
  • Entry on the 2nd floor
  • Block Foundation
  • Shingle Roof
  • Wood Siding
  • Block Exterior

Interior Spaces

  • 1,939 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Blinds
  • Sliding Doors
  • Living Room with Fireplace
  • Bonus Room
  • Pond Views
  • Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Rain Gutters
  • Private Mailbox

Schools

  • Emma E. Booker Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include management
  • All Fl Services Management Inc/Margaret Kennedy Association, Phone Number (941) 366-7466
  • Cedar Creek Association
  • Cedar Creek Community
  • Cedar Creek Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,788

Year Built

Built in 1988

Lot Details

0

HOA Fees

$46 per month

Parking

2

Listing Details

  • HOA Fee Includes: Management, Other
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Wood Siding
  • Fireplace: Yes
  • Living Area: 1939
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 1988
  • Building Area Total: 2950
  • Lot Size Sq Ft: 7563
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow State: FL
  • Floor Number: 2
  • Minimum Lease: 1-2 Years
  • RATIO Current Price By Calculate: 221.76
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Attribution Contact: 941-366-8070
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Stone, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), PrimaryBedroom Upstairs, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Washer
  • Foundation Details: Block
  • Total Bedrooms: 4
  • Levels: Two
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Attic,Bonus Room
  • Living Area Meters: 180.14

Exterior Features

  • Direction Faces: South
  • Exterior Features: Irrigation System, Lighting, Private Mailbox, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio
  • Road Surface Type: Asphalt
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water View: Pond
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12115C0063F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Ground Level, Oversized

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Phone Available, Public, Street Lights, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Sidewalks
  • Association Fee: 40
  • Association Fee Frequency: Annually
  • Association Name: All FL Services Management Inc/Margaret Kennedy
  • Phone: 941-366-7466
  • Association: Yes
  • Senior Community: No
  • Association #2 Fee: 129
  • Association #2 Fee Frequency: Quarterly
  • Association: Cedar Creek
  • Association 2 YN: 1
  • Association Approval Required YN: 1
  • Pet Restrictions: Buyers to verify with the management company
  • Association Fee Requirement: Required
  • Association Email: AllFLServices@yahoo.com

Fee Information

  • Total Annual Fees: 556.00
  • Total Monthly Fees: 46.33
  • Monthly HOA Amount: 3.33

Schools

  • Elementary School: Emma E. Booker Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0020160047
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Buyers to verify with the management company

Tax Info

  • Tax Annual Amount: 1788
  • Tax Book Number: 32-5
  • Tax Lot: 91

Multi Family

  • Approval Process: Buyers to verify with the management company

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2023
Closed on
Jan 8, 2024
Sold by
Takahashi Nobuyuki and Takahashi Mitoko
Bought by
Talley Christina and Talley Michael
Seller's Agent
Aki Morgan
COLDWELL BANKER REALTY
Buyer's Agent
Benjamin Bruce
NATHAN WEAVER LIC RE BROKER
List Price
$455,000
Sold Price
$430,000
Premium/Discount to List
-$25,000
-5.49%
Views
363
Current Estimated Value
$403,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,419
Avg. Annual Appreciation
-3.41%
Original Mortgage
$408,500
Outstanding Balance
$401,442
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$2,139

Purchase Details

Closed on
Aug 29, 2003
Sold by
Winger Walter C and Winger Jeanne C
Bought by
Takahashi Nobuyuki and Takahashi Mitoko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.94%

Purchase Details

Closed on
Jan 3, 2000
Sold by
Reckner Gary J and Reckner Kathy R
Bought by
Winger Walter C and Winger Jeanne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.68%

Purchase Details

Closed on
May 27, 1994
Sold by
Kern Jeffrey A and Kern Deborah Arnheim
Bought by
Reckner Gary J and Reckner Kathy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
8.24%
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
Talley Christina $430,000 None Listed On Document
Takahashi Nobuyuki $195,000 --
Winger Walter C $130,000 --
Winger Walter C $130,000 --
Reckner Gary J $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Talley Christina $408,500
Previous Owner Takahashi Nobuyuki $155,000
Previous Owner Winger Walter C $65,000
Previous Owner Reckner Gary J $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2024 01/08/24 Sold $430,000 -5.5% $222 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
11/08/2023 11/08/23 For Sale $455,000 0.0% $235 / Sq Ft
10/27/2023 10/27/23 Pending -- -- --
10/11/2023 10/11/23 For Sale $455,000 0.0% $235 / Sq Ft
10/05/2023 10/05/23 Pending -- -- --
07/08/2023 07/08/23 For Sale $455,000 -- $235 / 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 $1,890 $154,542 -- --
2023 $1,890 $150,041 $0 $0
2022 $1,788 $145,671 $0 $0
2021 $1,746 $141,428 $0 $0
2020 $1,734 $139,475 $0 $0
2019 $1,655 $136,339 $0 $0
2018 $1,599 $133,797 $0 $0
2017 $1,588 $131,045 $0 $0
2016 $1,568 $168,700 $43,100 $125,600
2015 $1,472 $147,300 $36,300 $111,000
2014 $1,464 $115,735 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4575828

Stellar MLS

APN: 0020-16-0047