NOT LISTED FOR SALE

5585 Long Shore Loop Sarasota, FL 34238

Estimated Value: $888,000 - $1,077,000

3 Beds
3 Baths
2,489 Sq Ft
$393/Sq Ft Est. Value

Last Sold November 01, 2024

Last sale price $1,050,000 $422 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $6,209/month

27 Days on Market

Highlights

  • 60 Feet of Lake Waterfront
  • Fitness Center
  • Gated Community
  • Ashton Elementary School Rated A
  • Screened Pool
  • Open Floorplan

About This Home

As of November 2024

This stunning nearly new lakefront home is now on the market and ready for showings. Welcome to Sunrise Preserve, a new amenity-rich, maintenance-free and gated community located by Palmer Ranch! This three bedroom plus office home is well-appointed and hard not love at first sight. From the moment you walk into this clean, upgraded open concept plan you will notice all the smart spaces and abundant upgrades. The great room overlooks the pool and ties in seamlessly with the kitchen. You will notice wood-look tile throughout the house as well as abundant can overhead lighting. The kitchen features quartz countertops, glass-tile backsplash, a suite of stainless steel appliances and overhead vent for the gas range. The primary suite is spacious and private- offering plantation shutters overlooking a scenic view, a massive walk-in closet, and opulent spa-like bathroom that features dual vanities and an oversized shower with dual heads! The guest bedrooms each have a dedicated and well-designed bathroom and there a dedicated office space to round out all the spaces. In 2021, a new luxurious saltwater pool was added to this property and it features a spa with gas heat, travertine decking, clear-view screen cage, lighted fountain bowls, and sun shelf with loungers for enjoying your perfect oasis. All of this is set on a great lot with water view and trees behind it for a great private view! The three car garage includes abundant storage as well as electric car charging built-in. Living in Sunrise Preserve is a dream- the landscaping is included in your HOA fees, and the amenities are fantastic. Whether you enjoy relaxing by the resort-style pool, meeting friends for pickleball, tennis or bocce- you will certainly love the lifestyle this upscale community offers. Add in a great school district, convenient location to shopping and Gulf Beaches and you’ll want to schedule your private showing today!

Last Agent to Sell the Property

Drew Russell

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-951-6660 License #3108183 Listed on: 09/03/2024

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Leah Milne

LPT REALTY, LLC License #3606729

LPT REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,055

Year Built

  • Built in 2020

Lot Details

  • 7,513 Sq Ft Lot
  • 60 Feet of Lake Waterfront
  • East Facing Home
  • Private Lot
  • Property is zoned RSF4

HOA Fees

  • $376 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Lake
  • Pool

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,489 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Tray Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Home Office
  • Tile Flooring
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Screened Pool
  • Heated In Ground Pool
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool
  • Fence Around Pool

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Private Sewer
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, escrow reserves fund, ground maintenance, management, private road, recreational facilities, security
  • Michelle Lecroy Association, Phone Number (941) 217-6724
  • Visit Association Website
  • Sunrise Preserve Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community

Amenities

  • Clubhouse
  • Community Mailbox

Recreation

  • Tennis Courts
  • Fitness Center

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,055

Year Built

Built in 2020

Lot Details

0

HOA Fees

$376 per month

Parking

3

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Maintenance Grounds, Management, Private Road, Recreational Facilities, Security
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2489
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 2020
  • Building Area Total: 2626
  • Lot Size Sq Ft: 7513
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 243.96
  • Escrow State: FL
  • Minimum Lease: 1-2 Years
  • RATIO Current Price By Calculate: 421.86
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-951-6660
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 3
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 231.24

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite, Heated, In Ground, Salt Water, Screen Enclosure
  • Exterior Features: Lighting, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • View: Pool
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 60
  • Water Frontage Feet Lake: 60

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Private, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Gated Community - No Guard, Golf Carts OK, Irrigation-Reclaimed Water, Sidewalks, Tennis Courts
  • Association Fee: 376
  • Association Fee Frequency: Monthly
  • Association Name: Michelle Lecroy
  • Phone: 941-217-6724
  • Association: Yes
  • Security: Security System Owned
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: Please see HOA Documents for all pet restrictions
  • Association Fee Requirement: Required
  • Association Email: michelle.lecroy@fsresidential.com
  • Association URL: fsresidential.com/florida

Fee Information

  • Total Annual Fees: 4512.00
  • Total Monthly Fees: 376.00
  • Monthly HOA Amount: 376.00

Schools

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

Lot Info

  • Zoning: RSF4
  • Parcel Number: 0096110022
  • Additional Parcels: No
  • Lot Features: Sidewalk, Paved, Private
  • Flood Zone Code: X, AE

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please see HOA Documents for all rental restrictions

Tax Info

  • Tax Annual Amount: 8054.72
  • Tax Block: 1
  • Tax Book Number: 52-406-412
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2024
Closed on
Nov 1, 2024
Sold by
Michaels Richard Lyle and Michaels Bonnie Bingham
Bought by
Mendes Melinda and Mendes Bryan
Seller's Agent
Drew Russell
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Leah Milne
LPT REALTY, LLC
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%
Views
10
Current Estimated Value
$978,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$71,703
Avg. Annual Appreciation
-5.97%

Purchase Details

Closed on
Jan 19, 2021
Sold by
Sunrise Land Partners Lllp
Bought by
Michaels Richard Lyle and Michaels Bonnie Bingham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,080
Interest Rate
2.71%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mendes Melinda $1,050,000 None Listed On Document
Michaels Richard Lyle $560,080 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Michaels Richard Lyle $560,080
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2024 11/01/24 Sold $1,050,000 -4.5% $422 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
09/03/2024 09/03/24 For Sale $1,100,000 -- $442 / 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
2025 $8,320 $764,800 $164,300 $600,500
2024 $8,055 $700,724 -- --
2023 $8,055 $680,315 $0 $0
2022 $7,837 $660,500 $140,500 $520,000
2021 $5,854 $439,100 $121,900 $317,200
2020 $1,677 $132,800 $132,800 $0
2019 $1,559 $123,800 $123,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4622266

Stellar MLS

APN: 0096-11-0022