NOT LISTED FOR SALE

5537 Colony Lake Ln Sarasota, FL 34233

Estimated Value: $387,814 - $444,000

3 Beds
2 Baths
1,477 Sq Ft
$279/Sq Ft Est. Value

Last Sold January 31, 2014

Last sale price $192,000 $130 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $2,539/month

12 Days on Market

Highlights

  • View of Trees or Woods
  • Deck
  • High Ceiling
  • Ashton Elementary School Rated A
  • Main Floor Primary Bedroom
  • Great Room

About This Home

As of January 2014

"Like New" best describes this solid built 3 bed/2 bath home complete with a 2 car garage and a four season's lanai overlooking a lake. Check this out...* New A/C * Completely re-painted Inside and Out* Brand New Kitchen with Granite Counters, S/S Appliances including Refrigerator, Dishwasher, Range and Microwave * All new 24" tile in the entire downstairs * Brand new carpeting on the stairs and both Bedrooms upstairs * Brand new screens on lanai along with windows for year round comfort* Great locationvery close to Ashton Elementary and Sarasota Middle School * Just minutes to Siesta Key Beach * Easy access to Hwy 41 and I-75 * No HOA Fees* Convenient public utilities (no septic or well) * and best of all this is NOT a Short Sale or a Foreclosure andcan close quickly! This will not last long!

Last Agent to Sell the Property

Michael Burke

WHITE SANDS REALTY GROUP FL License #3086681 Listed on: 01/08/2014

WHITE SANDS REALTY GROUP FL

Co-Listed By

Carol Burke

WHITE SANDS REALTY GROUP FL License #3086785

Last Buyer's Agent

Jill Winberry

DALTON WADE INC License #3156198

DALTON WADE INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,976

Year Built

  • Built in 2001

Lot Details

  • 4,620 Sq Ft Lot
  • Near Conservation Area
  • Property is zoned RSF3

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,477 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • French Doors
  • Great Room
  • Breakfast Room
  • Views of Woods

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Colony Lake Community
  • Colony Lake Unit 2 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,976

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1477
  • Lot Size Acres: 0.11
  • New Construction: No
  • Year Built: 2001
  • Building Area Total: 2204
  • Lot Size Sq Ft: 4620
  • Directions to Property: From Clark Rd., go north on Honore Ave., left on Ashton Rd. and left on Colony Lake Circle
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3990435&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3990435&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 2663
  • Call Center Phone Number: 888-998-9005
  • Ratio: Close Price\List Price: 0.96241
  • Price per Sq Ft: 129.99
  • Close to Original List Price Ratio: 0.96241
  • Ratio: Current Price\Building Area Total: 87.11
  • View: Yes
  • Co List Office Mls Id: 281518893
  • Co List Office Phone: 941-923-5835
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Master Bedroom Main Floor, Solid Wood Cabinets, Stone Counters
  • Appliances Included: Dishwasher, Microwave Hood, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Window Features: Blinds
  • Street Number Modifier: 5537
  • Room Count: 6
  • Additional Rooms: Breakfast Room Separate, Great Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: French Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0092080029
  • Additional Parcels: No
  • Lot Features: Conservation Area
  • Flood Zone Code: X
  • Future Land Use: 0100
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2014-01-31T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 1976
  • Tax Book Number: 0038/0045
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2021
Sold by
Lettman Donnat and Lettman Patricia
Bought by
Lettman Investment Group Inc
Current Estimated Value
$411,704

Purchase Details

Listed on
Jan 8, 2014
Closed on
Jan 31, 2014
Sold by
Four Leaf Clover Management Llc
Bought by
Lettman Donnat and Lettman Patricia
Seller's Agent
Michael Burke
WHITE SANDS REALTY GROUP FL
Buyer's Agent
Jill Winberry
DALTON WADE INC
List Price
$199,500
Sold Price
$192,000
Premium/Discount to List
-$7,500
-3.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%

Purchase Details

Closed on
Nov 15, 2013
Sold by
Regions Bank
Bought by
Four Leaf Clover Management Llc

Purchase Details

Closed on
Aug 19, 2013
Sold by
Im John J and Im John J
Bought by
Regions Bank

Purchase Details

Closed on
Jul 25, 2008
Sold by
Im John J
Bought by
Im John J and Bruning April E

Purchase Details

Closed on
Jun 24, 2005
Sold by
Lemaster Jeanne L
Bought by
Im John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.57%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 14, 2001
Sold by
Holton Maureen A and Holton Harvey C
Bought by
Lemaster Jeanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,900
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2000
Sold by
Hallcraft Homes Inc
Bought by
Croy Larry E and Holton Harvey C
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
Lettman Investment Group Inc -- Accommodation
Lettman Donnat $192,000 Msc Title Inc
Four Leaf Clover Management Llc $130,000 Signatory Title Company
Regions Bank $174,201 None Available
Im John J -- Attorney
Im John J $240,000 Desjarlais Title Company
Lemaster Jeanne L -- --
Lemaster Jeanne L $129,900 --
Croy Larry E $87,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Im John J $192,000
Previous Owner Lemaster Jeanne L $103,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2014 01/31/14 Sold $192,000 -3.8% $130 / Sq Ft
01/21/2014 01/21/14 Pending -- -- --
01/08/2014 01/08/14 For Sale $199,500 -- $135 / 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 $4,556 $337,000 $121,200 $215,800
2023 $4,556 $352,500 $118,800 $233,700
2022 $4,138 $314,800 $122,900 $191,900
2021 $3,043 $218,000 $80,900 $137,100
2020 $2,800 $192,200 $64,800 $127,400
2019 $2,804 $196,000 $63,500 $132,500
2018 $2,808 $198,100 $56,700 $141,400
2017 $2,698 $185,900 $51,100 $134,800
2016 $2,592 $174,700 $42,200 $132,500
2015 $2,441 $158,700 $34,500 $124,200
2014 $2,219 $116,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Burke

    Seller's Agent in 2014

    Michael Burke

    WHITE SANDS REALTY GROUP FL

    (941) 345-3953

    1 in this area

    57 Total Sales

    Michael Burke
    Section Image
  • Carol Burke

    Seller Co-Listing Agent in 2014

    Carol Burke

    WHITE SANDS REALTY GROUP FL

    (941) 284-0250

    4 in this area

    51 Total Sales

    Carol Burke
    Section Image

  • J

    Buyer's Agent in 2014

    Jill Winberry

    DALTON WADE INC

    (941) 556-9100

    1 in this area

    9 Total Sales

    Jill Winberry
    Section Image
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Map

Source: Stellar MLS

MLS Number: A3990435

Stellar MLS

APN: 0092-08-0029

Florida Sarasota County Sarasota 34233

5537 Colony Lake Ln, Sarasota, FL

This home is located at 5537 Colony Lake Ln, Sarasota, FL 34233 since 08 January 2014 and is currently estimated at $411,704, approximately $278 per square foot. This property was built in 2001. 5537 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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