NOT LISTED FOR SALE

5556 Shadow Lawn Dr Sarasota, FL 34242

Estimated Value: $1,540,000 - $1,728,000

3 Beds
2 Baths
2,110 Sq Ft
$765/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $1,180,000 $559 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $10,332/month

1 Day on Market

Highlights

  • Screened Pool
  • Sun or Florida Room
  • 2 Car Attached Garage
  • Phillippi Shores Elementary School Rated A
  • Stone Countertops
  • Solid Wood Cabinet

About This Home

As of January 2021

Siesta Isles ranch on great water. This 3 bedroom 2 bath home sits on Bourbon Bay and has 146 feet of waterfront.
This is a great short term opportunity for someone that wants to do a remodel their way. The home already has a new roof (2020), a new HVAC system (2020), fresh paint on interior and exterior and LED lighting. The kitchen, bathrooms and flooring are ready to redone. The seller has plans to do a full high end remodel on this home and has applied for permits. When the permits come in the home will come off the market and price will be significantly higher once remodel is complete. This current price includes installation of impact windows and doors which have already been ordered and paid for as well as a retextured pool which is in process. Great location that is just blocks from the # 1 beach in the US yet on very good boating water. Also close to the Pine View bus stop at Glebe Park.

Last Agent to Sell the Property

Ryan Carson

RE/MAX ALLIANCE GROUP License #3240511 Listed on: 12/28/2020

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Fernando Viteri

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3089222

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,028

Year Built

  • Built in 1963

Lot Details

  • 0.34 Acre Lot
  • Property fronts a saltwater canal
  • South Facing Home
  • Irrigation
  • Property is zoned RSF2

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,110 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Family Room
  • Sun or Florida Room
  • Water Views

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Pool

  • Screened Pool
  • In Ground Pool
  • In Ground Spa
  • Fence Around Pool
  • Pool Deck

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Sarasota High School

Additional Features

  • Flood Insurance May Be Required
  • Central Heating and Cooling System

Community Details

  • Siesta Isles Community

Listing and Financial Details

  • Tax Lot 119
  • Assessor Parcel Number 0082160037

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,028

Year Built

Built in 1963

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Water Extras: No Wake Zone, Seawall - Concrete
  • Water View: Yes
  • Construction Materials: Block, Stucco
  • Living Area: 2110.00
  • Lot Size Acres: 0.34
  • Year Built: 1963
  • Building Area Total: 2733.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4487013?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4487013?w=Customer
  • Lot Size Sq Ft: 15000
  • Building Search Sq Meters: 253.90
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4487013?w=PubMLS
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Room Count: 7
  • Living Area Units: Square Feet
  • Additional Rooms: Family Room, Florida Room
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Solid Surface Counters, Solid Wood Cabinets, Stone Counters
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: In Ground
  • Stories: 1
  • Living Area Meters: 196.03

Exterior Features

  • Direction Faces: South
  • Water Extras: Yes
  • Waterfront Feet Salt Water Canal: 146
  • Water Access: Canal - Saltwater
  • Pool Features: Deck, In Ground, Screen Enclosure
  • Exterior Features: Irrigation System, Sliding Doors
  • Roof: Shingle
  • Water View: Canal
  • Flood Zone Code: AE
  • Water Access: Yes
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Guest

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Siesta Isles
  • Community Features: Waterfront
  • Monthly HOA Fees: 12.50
  • Association Fee: 150.00
  • Association Fee Frequency: Annually
  • Association Fee Requirement: Optional
  • Association: Yes

Fee Information

  • Waterfront Frontage: 146
  • Total Annual Fees: 150.00
  • Total Monthly Fees: 12.50

Schools

  • Elementary School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Elementary School: Phillippi Shores Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Total Acreage: 1/4 to less than 1/2
  • Zoning: RSF2
  • Parcel Number: 0082160037
  • Lot Features: Flood Insurance Required, Street Paved
  • Lot Size Square Meters: 1394

Rental Info

  • Minimum Lease: 1 Month
  • Additional Lease Restrictions: Refer to Siesta Key zoning restrictions for rentals.
  • Furnished: Unfurnished
  • Lease Restrictions: Yes
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 5028.11
  • Tax Book Number: 13-20
  • Tax Lot: 119

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2020
Closed on
Jan 29, 2021
Sold by
Equine Real Estate Llc
Bought by
Schreiber Mark and Schreiber Roberta
Seller's Agent
Ryan Carson
RE/MAX ALLIANCE GROUP
Buyer's Agent
Fernando Viteri
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$1,190,000
Sold Price
$1,180,000
Premium/Discount to List
-$10,000
-0.84%
Current Estimated Value
$1,614,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,268
Avg. Annual Appreciation
7.59%
Original Mortgage
$675,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2020
Sold by
Schlegels Joint Revocable Living Trust and Schlegel Betty Ann
Bought by
Schlegel Betty Ann and Equine Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2020
Sold by
Schlegel Betty A
Bought by
Schlegel Earl Joseph and The Schlegels Joint Rlt

Purchase Details

Closed on
Aug 16, 2002
Sold by
Lingle William C and Lingle Kimberly A
Bought by
Thayer Douglas C and Thayer Victoria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.52%
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
Schreiber Mark $1,180,000 Attorney
Schlegel Betty Ann $965,000 None Listed On Document
Schlegel Earl Joseph -- Attorney
Thayer Douglas C $444,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Equine Real Estate Llc $675,500
Previous Owner Schlegel Betty Ann $675,500
Previous Owner Schlegel Earl J $329,230
Previous Owner Schlegel Earl J $350,000
Previous Owner Thayer Douglas C $290,000
Previous Owner Schlegel Earl J $307,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $1,180,000 -0.8% $559 / Sq Ft
12/29/2020 12/29/20 Pending -- -- --
12/28/2020 12/28/20 For Sale $1,190,000 -- $564 / 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 $18,478 $1,718,800 $1,220,100 $498,700
2023 $18,478 $1,545,400 $1,090,500 $454,900
2022 $16,956 $1,398,800 $1,047,500 $351,300
2021 $12,721 $997,500 $774,300 $223,200
2020 $5,195 $409,452 $0 $0
2019 $5,028 $400,246 $0 $0
2018 $4,919 $392,783 $0 $0
2017 $4,898 $384,704 $0 $0
2016 $4,908 $737,500 $523,600 $213,900
2015 $4,997 $707,800 $523,300 $184,500
2014 $4,978 $365,716 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4487013

Stellar MLS

APN: 0082-16-0037