NOT LISTED FOR SALE

5525 Homewood Dr Sarasota, FL 34232

Estimated Value: $370,000 - $446,000

2 Beds
2 Baths
1,291 Sq Ft
$321/Sq Ft Est. Value

Last Sold November 07, 2022

Last sale price $450,000 $349 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,282/month

Highlights

  • 1 Car Attached Garage
  • Central Heating and Cooling System
  • 1-Story Property
  • Sarasota High School Rated A-

About This Home

As of November 2022

Sold Data Entry only. Completed gutted and renovated in 2022.

Last Agent to Sell the Property

Stellar Non-Member Agent

Stellar Non-Member Office Listed on: 11/07/2022

Stellar Non-Member Office

Last Buyer's Agent

Chrissy Nichols

LOCAL LIVING REALTY GROUP License #3196003

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,466

Year Built

  • Built in 1974

Lot Details

  • 8,730 Sq Ft Lot
  • Lot Dimensions are 78x110
  • Property is zoned RSF3

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 1,291 Sq Ft Home
  • 1-Story Property

Kitchen

  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Ridgewood Estates Community
  • Ridgewood Estates 17 Add Subdivision

Listing and Financial Details

  • Tax Lot 847
  • Assessor Parcel Number 0065060078

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,466

Year Built

Built in 1974

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1291
  • Lot Size Acres: 0.2
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 1659
  • Lot Size Sq Ft: 8730
  • Directions to Property: SR 758 West toward Cattlemen Rd, Right on Woodmont Dr, Right on Duncanwood Drive, Left on Spainwood Drive, Right on Homewood Dr. Home is on the left.
  • Status: Sold
  • 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: 348.57
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 271.25
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 2
  • Appliances Included: Cooktop, Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 5525
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0065060078
  • Additional Parcels: No
  • Lot Dimensions: 78x110
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2465.51
  • Tax Book Number: 22-22
  • Tax Lot: 847

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2022
Closed on
Nov 7, 2022
Sold by
5525 Homewood Llc
Bought by
King Michael and King Heather
Seller's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
Buyer's Agent
Chrissy Nichols
LOCAL LIVING REALTY GROUP
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$414,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,204
Avg. Annual Appreciation
-1.95%
Original Mortgage
$450,000
Outstanding Balance
$438,208
Interest Rate
6.92%
Mortgage Type
VA
Estimated Equity
-$12,753

Purchase Details

Closed on
Jan 20, 2016
Sold by
Brown Kenneth P
Bought by
5525 Homewood Llc

Purchase Details

Closed on
Jan 1, 2016
Bought by
5525 Homewood Llc

Purchase Details

Closed on
Sep 1, 2014
Sold by
Rkd Properties Llc
Bought by
Brown Kenneth P

Purchase Details

Closed on
Nov 27, 2007
Sold by
Duncombe Ramona K and Duncome Ramona
Bought by
Rkd Properties Llc
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
King Michael $450,000 --
5525 Homewood Llc -- Attorney
5525 Homewood Llc $100 --
Brown Kenneth P $130,000 Integrity Title Services Inc
Rkd Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Michael $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2022 11/07/22 Sold $450,000 0.0% $349 / Sq Ft
11/07/2022 11/07/22 For Sale $450,000 -- $349 / Sq Ft
09/06/2022 09/06/22 Pending -- -- --
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 $476 $262,903 -- --
2023 $476 $255,246 $0 $0
2022 $2,805 $221,300 $113,600 $107,700
2021 $2,466 $167,000 $67,000 $100,000
2020 $2,295 $150,200 $55,700 $94,500
2019 $2,264 $151,000 $67,000 $84,000
2018 $2,250 $151,700 $63,200 $88,500
2017 $2,143 $140,600 $53,800 $86,800
2016 $2,019 $133,400 $41,600 $91,800
2015 $1,833 $111,300 $39,800 $71,500
2014 $1,590 $80,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: J954672

Stellar MLS

APN: 0065-06-0078