NOT LISTED FOR SALE

5544 Forester Lake Dr Sarasota, FL 34243

Estimated Value: $446,000 - $460,000

3 Beds
3 Baths
2,427 Sq Ft
$188/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $365,000 $150 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,564/month

33 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Oak Trees
  • Open Floorplan
  • Booker High School Rated A-
  • Lake View
  • Colonial Architecture

About This Home

As of May 2021

Enjoy open water views from your charming colonial home in a family friendly, walkable neighborhood. Grand oaks shade the lot enlarged by common area along the lake. A vaulted ceiling with skylights in the living room, wood burning fireplace, and open floor plan offer the perfect setting for entertaining guests, or marshaling the troops! Florida room adds comfortable space and views of the cypress lake and habitat. Convenient to UTC shopping, and only minutes from cultural downtown, beaches, and restaurants.

Last Agent to Sell the Property

Lloyd Johnson

COLDWELL BANKER REALTY License #0318636 Listed on: 04/23/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

Suzanne Latham

BRIGHT REALTY License #3245148

BRIGHT REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,784

Year Built

  • Built in 1987

Lot Details

  • 8,000 Sq Ft Lot
  • Lot Dimensions are 80x100
  • 80 Feet of Waterfront
  • Lake Front
  • South Facing Home
  • Oak Trees
  • Property is zoned RSF2

HOA Fees

  • $36 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Pad

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Built-Up Roof
  • Wood Siding

Interior Spaces

  • 2,427 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Sun or Florida Room
  • Vinyl Flooring
  • Lake Views
  • Washer

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Access To Lake
  • Rain Gutters

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Community Details

  • $13 Other Monthly Fees
  • Margaret Kennedy Association, Phone Number (941) 366-7766
  • Cedar Creek Community
  • Cedar Creek Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,784

Year Built

Built in 1987

Lot Details

0

HOA Fees

$36 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Construction Materials: Wood Frame, Wood Siding
  • Fireplace: Yes
  • Living Area: 2427
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 1987
  • Building Area Total: 2995
  • Lot Size Sq Ft: 8000
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4496050?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4496050?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 2327
  • Other Fees Amount: 40
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 150.39
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 121.87
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Open Floorplan
  • Appliances Included: Dishwasher, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Stories: 2
  • Room Count: 9
  • Additional Rooms: Florida Room

Exterior Features

  • Direction Faces: South
  • Exterior Features: Rain Gutters, Sidewalk
  • Roof: Built-Up, Shingle
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Lake
  • Water Access: Lake
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0063F
  • Waterfront Frontage: 80
  • Water Frontage Feet Lake: 80
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 109
  • Association Fee Frequency: Quarterly
  • Association Name: Margaret Kennedy
  • Phone: 941-366-7766
  • Association: Yes
  • Senior Community: No
  • Other Fees Term: Annual
  • Association Email: allflservices@yahoo.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 476
  • Monthly HOA Fee: 36.33
  • Total Monthly Fees: 39.67

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0020160045
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk
  • Lot Dimensions: 80X100
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • Zoning Compatible Y N: Yes

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 3 Months
  • Approval Process: Buyer is required to process an application and obtain approval with All Florida Services. See application forms X2 attached. Application fee is $50.00 for the village and $100.00 for the master association.
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Application is required. Contact association manager, Margaret Kennedy, All Florida Services.

Tax Info

  • Tax Annual Amount: 3784.08
  • Tax Block: 4
  • Tax Book Number: 32-5
  • Tax Lot: 93

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2023
Sold by
Rivera Luis A and Rivera Lillian V
Bought by
Rivera Luis and Rivera Luis
Current Estimated Value
$455,730

Purchase Details

Listed on
Apr 23, 2021
Closed on
May 27, 2021
Sold by
Imperial Bruce Joseph Johnson and Libertore Hannah
Bought by
Rivera Luis and Rivera Lillian
Seller's Agent
Lloyd Johnson
COLDWELL BANKER REALTY
Buyer's Agent
Suzanne Latham
BRIGHT REALTY
List Price
$365,000
Sold Price
$365,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.15%

Purchase Details

Listed on
Aug 2, 2017
Closed on
Sep 1, 2017
Sold by
Souza Glenn E and Souza Penelope
Bought by
Mason Bruce and Libertore Hannah
Seller's Agent
Doug Addeo
COMMUNITY REALTY ASSOCIATES
Buyer's Agent
Nicole Betz
KW COASTAL LIVING III
List Price
$329,000
Sold Price
$320,000
Premium/Discount to List
-$9,000
-2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.62%
Original Mortgage
$256,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2000
Sold by
Ruffalo Mark T and Ruffalo Karen L
Bought by
Souza Glenn E and Souza Penelope

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
8.23%
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
Rivera Luis $100 None Listed On Document
Rivera Luis $365,000 Attorney
Mason Bruce $320,000 Attorney
Souza Glenn E $145,000 --
Souza Glenn E $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mason Bruce $256,000
Previous Owner Souza Glenn E $130,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2021 05/27/21 Sold $365,000 0.0% $150 / Sq Ft
04/30/2021 04/30/21 Pending -- -- --
03/28/2021 03/28/21 For Sale $365,000 +14.1% $150 / Sq Ft
12/17/2017 12/17/17 Off Market $320,000 -- --
09/15/2017 09/15/17 Sold $320,000 -2.7% $132 / Sq Ft View Prior Sale
08/08/2017 08/08/17 Pending -- -- --
08/02/2017 08/02/17 For Sale $329,000 -- $136 / 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 $1,699 $133,920 -- --
2023 $1,699 $130,019 $0 $0
2022 $4,473 $372,500 $129,000 $243,500
2021 $4,036 $290,900 $85,900 $205,000
2020 $3,784 $265,700 $76,300 $189,400
2019 $3,533 $249,300 $80,500 $168,800
2018 $3,443 $243,800 $81,200 $162,600
2017 $1,729 $139,823 $0 $0
2016 $1,706 $197,200 $44,400 $152,800
2015 $1,732 $167,300 $37,400 $129,900
2014 $1,723 $132,922 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4496050

Stellar MLS

APN: 0020-16-0045