NOT LISTED FOR SALE

5609 Colony Lake Ln Sarasota, FL 34233

Estimated Value: $394,000 - $427,000

0.08 Acre
$5,115,375 Price per Acre
3,582 Sq Ft Lot

Last Sold December 29, 2015

Last sale price $40,000

Est. 923% increase in value since last sale

Current estimated payment $2,286/month

517 Days on Market

Highlights

  • Zero Lot Line
  • Greenbelt
  • Level Lot
  • Ashton Elementary School Rated A

About This Lot

As of December 2015

End of cul-de-sac lot in Colony Lake, ready to be built on. Centrally located near hospitals, shopping and in good shcool districts. Survey available.

Last Agent to Sell the Property

Melba Jimenez, PA

MICHAEL SAUNDERS & COMPANY License #3018407 Listed on: 07/08/2014

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Eileen Hampton

License #3145881

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $341

Lot Details

  • 3,582 Sq Ft Lot
  • Street terminates at a dead end
  • West Facing Home
  • Level Lot
  • 2 Lots in the community
  • Zero Lot Line
  • Additional Parcels
  • Property is zoned RSF3

HOA Fees

  • $43 Monthly HOA Fees

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Colony Lake Community
  • Colony Lake Unit 2 Subdivision
  • Greenbelt

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 0092080035

Property Details

Property Type

Land

Est. Annual Taxes

$341

Lot Details

0

HOA Fees

$43 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3582
  • Number Of Lots: 2
  • Directions to Property: From Clark Road, right on Honore Avenue, left on Ashton Road, left on Colony Road.
  • Status: Sold
  • Ownership: Fee Simple
  • List Office Head Office Key Nume: 1046728
  • RATIO Current Price By Calculate: 11.17
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Water Access YN: 0
  • Tax Year: 2014
  • Special Features: None

Interior Features

  • Street Number Modifier: 5609

Exterior Features

  • Direction Faces: West
  • Home Warranty: No
  • Waterfront: No
  • Water Extras YN: 0
  • Water View YN: 0

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Public, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 130
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Association Fee Requirement: Required

Fee Information

  • Monthly HOA Amount: 43.33

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0092080035
  • Additional Parcels: Yes
  • Current Use: Single Family
  • Lot Features: Greenbelt, Level, Room For Pool, Street Dead-End, Paved, Zero Lot Line
  • Lot Dimensions: 0

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 341
  • Tax Book Number: 38-45
  • Tax Lot: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2021
Sold by
Lettman Donnat and Lettman Patricia
Bought by
Lettman Investment Group Inc
Current Estimated Value
$409,230

Purchase Details

Listed on
Jul 8, 2014
Closed on
Dec 28, 2015
Sold by
Mc Squared Llc
Bought by
Lettman Donnat and Lettman Patricia
Seller's Agent
Melba Jimenez, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Eileen Hampton
List Price
$59,900
Sold Price
$40,000
Premium/Discount to List
-$19,900
-33.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.78%

Purchase Details

Closed on
Dec 7, 2006
Sold by
White John Arthur and White Arthur John
Bought by
Mc Squared Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $80,000 Attorney
Mc Squared Llc $96,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2016 03/28/16 Off Market $40,000 -- --
12/29/2015 12/29/15 Sold $40,000 0.0% --
12/08/2015 12/08/15 Pending -- -- --
11/23/2015 11/23/15 Off Market $40,000 -- --
07/08/2014 07/08/14 For Sale $59,900 -- --
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 $1,160 $331,706 -- --
2023 $1,160 $98,100 $98,100 $0
2022 $1,064 $88,600 $88,600 $0
2021 $764 $65,100 $65,100 $0
2020 $713 $59,200 $59,200 $0
2019 $691 $60,000 $60,000 $0
2018 $545 $42,000 $42,000 $0
2017 $514 $37,950 $0 $0
2016 $470 $34,500 $34,500 $0
2015 $380 $28,000 $28,000 $0
2014 $341 $21,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4101591

Stellar MLS

APN: 0092-08-0035