NOT LISTED FOR SALE

5587 Merrimac Dr Unit 8 Sarasota, FL 34231

Coral Cove/Holiday Harbor Neighborhood

Estimated Value: $804,000 - $1,333,000

3 Beds
2 Baths
2,300 Sq Ft
$456/Sq Ft Est. Value

Last Sold February 22, 2012

Last sale price $322,000 $140 Per Sq Ft

Est. 228% increase in value since last sale

Current estimated payment $6,252/month

70 Days on Market

Highlights

  • Boathouse
  • 50 Feet of Waterfront
  • Boat Lift
  • Riverview High School Rated A
  • Parking available for a boat
  • Canal View

About This Home

As of February 2012

Waterfront Opportunity! Charming Sarasota canal front home with endless possibilities. 3 bedrooms, 2 baths with open floor plan, 2011 Complete custom interior renovation: New Plumbing, electric, A/C, tile floors, granite kitchen and bathrooms, walls ( rounded corners), insulation, stucco, boat house with electric and dock. In 2008 New roof and windows. Circular driveway with a 1 car garage. Spacious interior laundry room. Located on cull de sac. Minutes to Siesta Key!

Last Agent to Sell the Property

Joseph Fansler

AMERICAN REAL ESTATE License #3029992 Listed on: 12/11/2011

Last Buyer's Agent

Joseph Fansler

AMERICAN REAL ESTATE License #3029992 Listed on: 12/11/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,250

Year Built

  • Built in 1962

Lot Details

  • 0.3 Acre Lot
  • 50 Feet of Waterfront
  • Property fronts a saltwater canal
  • West Facing Home
  • Fenced
  • Mature Landscaping
  • Landscaped with Trees
  • Property is zoned RSF2

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Parking available for a boat

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,300 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room
  • Sun or Florida Room
  • Inside Utility
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Access to Saltwater Canal
  • Seawall
  • Boat Lift
  • Boathouse
  • Deck
  • Patio
  • Exterior Lighting
  • Shed
  • Rain Gutters
  • Porch

Location

  • Flood Zone Lot

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Phillippi Gardens Community
  • Phillippi Gardens 8 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,250

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2300
  • Lot Size Acres: 0.3
  • New Construction: No
  • Year Built: 1962
  • Building Area Total: 2548
  • Lot Size Sq Ft: 12975
  • Directions to Property: From I-75, take exit 205. Head west. Turn slight right on Swift Road. Turn left on Constitution Blvd, turn right on Merrimac Drive to property on right.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1056238
  • RATIO Current Price By Calculate: 140.00
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • Tax Year: 2011
  • Special Features: None

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 5587
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Family Room,Florida Room,Formal Dining Room Separate,Formal Living Room Separate,Inside Utility
  • Room Count: 9

Exterior Features

  • Direction Faces: West
  • Other Structures: Boat House, Shed(s)
  • Exterior Features: Sliding Doors, Fence, Lighting, Rain Gutters
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch
  • Disclosures: Seller Property Disclosure
  • Water Access: Canal - Saltwater
  • Water Extras: Boathouse,Lift,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 50

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Boat, Circular Driveway, Garage Door Opener, In Garage

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association: No
  • Security: Smoke Detector(s)
  • Association Fee Requirement: None

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0086110014
  • Additional Parcels: No
  • Lot Features: FloodZone, City Limits, In County, Paved
  • Homestead YN: 1
  • Zoning Compatible YN: 1
  • Future Land Use: 0100

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2012-02-22T00:00:00.000

Tax Info

  • Tax Annual Amount: 2250
  • Tax Book Number: 0016/0036
  • Tax Lot: 168

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2011
Closed on
Feb 29, 2012
Sold by
Hetrick Denise
Bought by
Pritchett Kandace R and Pritchett Joshua
Seller's Agent
Joseph Fansler
AMERICAN REAL ESTATE
Buyer's Agent
Joseph Fansler
AMERICAN REAL ESTATE
List Price
$322,000
Sold Price
$322,000
Current Estimated Value
$1,055,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$733,742
Avg. Annual Appreciation
9.76%
Original Mortgage
$323,583
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 31, 2011
Sold by
Pettit Maria A
Bought by
Hetrick Denise

Purchase Details

Closed on
Nov 7, 2001
Sold by
Pettit Audrel R and Pettit Maria A
Bought by
Pettit Audrel R
Source: Public Records

Range of Values:

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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
Pritchett Kandace R $332,000 Attorney
Hetrick Denise $230,000 Attorney
Pettit Audrel R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pritchett Joshua $550,000
Closed Pritchett Kandace R $400,000
Closed Pritchett Kandace R $322,800
Closed Pritchett Kandace R $323,583
Previous Owner Pettit Maria A $50,000
Previous Owner Pettitt Audrel R $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2015 12/14/15 Off Market $322,000 -- --
02/22/2012 02/22/12 Sold $322,000 0.0% $140 / Sq Ft
02/20/2012 02/20/12 Pending -- -- --
12/11/2011 12/11/11 For Sale $322,000 -- $140 / 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 $5,648 $456,969 -- --
2023 $5,648 $443,659 $0 $0
2022 $5,479 $430,737 $0 $0
2021 $5,435 $418,191 $0 $0
2020 $4,549 $344,884 $0 $0
2019 $4,406 $337,130 $0 $0
2018 $4,151 $330,844 $0 $0
2017 $3,713 $292,012 $0 $0
2016 $3,717 $419,000 $266,700 $152,300
2015 $3,790 $431,700 $245,400 $186,300
2014 $3,786 $277,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Joseph Fansler

    AMERICAN REAL ESTATE

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Map

Source: Stellar MLS

MLS Number: T2498199

Stellar MLS

APN: 0086-11-0014

Florida Sarasota County Sarasota 34231 Coral Cove/Holiday Harbor

5587 Merrimac Dr Unit 8, Sarasota, FL

This home is located at 5587 Merrimac Dr Unit 8, Sarasota, FL 34231 since 11 December 2011 and is currently estimated at $1,048,602, approximately $455 per square foot. This property was built in 1962. 5587 Merrimac Dr Unit 8 is a home located in Sarasota County with nearby schools including Riverview High School, Phillippi Shores Elementary School, and Brookside 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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