NOT LISTED FOR SALE

5525 Colony Lake Ln Sarasota, FL 34233

Estimated Value: $373,486 - $445,000

3 Beds
2 Baths
1,277 Sq Ft
$324/Sq Ft Est. Value

Last Sold June 27, 2019

Last sale price $149,777 $117 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $2,458/month

1 Day on Market

Highlights

  • Water Views
  • Florida Architecture
  • Attic
  • Ashton Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of June 2019

Calling all contractors and rehabbers! Fire damaged home being sold As-Is in Colony Lake Subdivision. Nice street with property sitting on a Lake. Beautiful backyard. Lots of opportunity.

Last Agent to Sell the Property

Marc Pelletz

RELAX REALTY GROUP INC License #0608183 Listed on: 06/07/2019

Co-Listed By

Dane Peterson

RELAX REALTY GROUP INC License #3346860

Last Buyer's Agent

Walter Perkowski

BRIGHT REALTY License #3099643

BRIGHT REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,482

Year Built

  • Built in 1997

Lot Details

  • 4,620 Sq Ft Lot
  • West Facing Home
  • Landscaped with Trees
  • Property is zoned RSF3

Parking

  • 2 Car Attached Garage

Home Design

  • Florida Architecture
  • Fixer Upper
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,277 Sq Ft Home
  • Wood Flooring
  • Water Views
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Air
  • No Heating
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Colony Lake Community
  • Colony Lake Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,482

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1277
  • Lot Size Acres: 0.11
  • New Construction: No
  • Year Built: 1997
  • Lot Size Sq Ft: 4620
  • Directions to Property: Head north on Honore at the Clark Rd intersection. Make a left at the 4way stop on to Ashton Rd. Make your second left on to Colony Lake Ln. Property will be down on the left with sign in yard.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4438155?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4438155?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: 117.29
  • Close to Original List Price Ratio: 1
  • View: Yes
  • Co List Office Mls Id: 281522395
  • Co List Office Phone: 941-923-7200
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Split Bedroom
  • Appliances Included: None
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 5525
  • Room Count: 3
  • Additional Rooms: Attic
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0164F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Sewer Connected
  • Cooling: Central Air
  • Heating: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: No

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0092080028
  • Additional Parcels: No
  • Lot Features: In County
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: 1 Week
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Check with Sarasota County regarding leasing restrictions/laws.

Tax Info

  • Tax Annual Amount: 2482
  • Tax Book Number: 38-45
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2019
Closed on
May 15, 2019
Sold by
Chapman Matthew W
Bought by
Celtic I Llc
Seller's Agent
Marc Pelletz
RELAX REALTY GROUP INC
Buyer's Agent
Walter Perkowski
BRIGHT REALTY
List Price
$149,777
Sold Price
$149,777
Current Estimated Value
$413,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,595
Avg. Annual Appreciation
17.37%

Purchase Details

Closed on
Jun 27, 2018
Sold by
Cettle I Llc
Bought by
Fie Grzegorz and Aniak Ann

Purchase Details

Closed on
Oct 26, 2017
Sold by
Chapman Matthew W and Chapman Shelly L
Bought by
Chapman Matthew W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 1997
Sold by
Hallcraft Homes Inc
Bought by
Chapman Matthew W and Chapman Nicole E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,500
Interest Rate
7.85%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Celtic I Llc $102,000 Attorney
Fie Grzegorz $149,800 Attorney
Chapman Matthew W -- Attorney
Chapman Matthew W $27,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chapman Matthew W $106,000
Previous Owner Chapman Matthew W $77,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2019 06/27/19 Sold $149,777 0.0% $117 / Sq Ft
06/08/2019 06/08/19 Pending -- -- --
06/07/2019 06/07/19 For Sale $149,777 -- $117 / 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 $3,484 $137,325 -- --
2023 $3,484 $372,600 $118,800 $253,800
2022 $1,897 $148,200 $122,900 $25,300
2021 $1,569 $99,800 $80,900 $18,900
2020 $1,431 $82,300 $64,800 $17,500
2019 $2,674 $185,600 $63,500 $122,100
2018 $2,482 $172,400 $48,500 $123,900
2017 $2,332 $155,860 $0 $0
2016 $2,229 $150,100 $39,800 $110,300
2015 $2,086 $134,100 $31,100 $103,000
2014 $1,931 $110,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marc Pelletz

    Seller's Agent in 2019

    Marc Pelletz

    RELAX REALTY GROUP INC

    (941) 809-3869

    56 Total Sales

    Marc Pelletz
    Section Image
  • Dane Peterson

    Seller Co-Listing Agent in 2019

    Dane Peterson

    RELAX REALTY GROUP INC

    (239) 357-5692

    76 Total Sales

    Dane Peterson
    Section Image
  • Walter Perkowski

    Buyer's Agent in 2019

    Walter Perkowski

    BRIGHT REALTY

    (941) 223-2944

    21 Total Sales

    Walter Perkowski
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4438155

Stellar MLS

APN: 0092-08-0028

Florida Sarasota County Sarasota 34233

5525 Colony Lake Ln, Sarasota, FL

This home is located at 5525 Colony Lake Ln, Sarasota, FL 34233 since 07 June 2019 and is currently estimated at $413,372, approximately $323 per square foot. This property was built in 1997. 5525 Colony Lake Ln is a home located in Sarasota County with nearby schools including Ashton Elementary School, Riverview High School, and Sarasota Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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