NOT LISTED FOR SALE

5616 Merrimac Dr Sarasota, FL 34231

Coral Cove/Holiday Harbor Neighborhood

Estimated Value: $1,081,898 - $1,244,000

3 Beds
3 Baths
2,771 Sq Ft
$410/Sq Ft Est. Value

Last Sold March 02, 2012

Last sale price $415,000 $150 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $7,160/month

11 Days on Market

Highlights

  • 103 Feet of Waterfront
  • Boat Lift
  • Home fronts a creek
  • Riverview High School Rated A
  • Private Pool
  • Creek or Stream View

About This Home

As of March 2012

Immaculate well maintained home on Phillippi Creek with upstairs Multi-purpose room now being used as artist's studio. Split plan with two master suites. Formal Dining room now being used as office.Huge kitchen & family room area opening to a gorgeous screened patio & pool area. Boat davits. Truly a dream home in a great location. Awesome waterviews from the upstairs studio, master suite, family room & kitchen.

Last Agent to Sell the Property

Doris Edwards

A & D EDWARDS AMERICAN DREAM License #0242212 Listed on: 01/14/2012

Last Buyer's Agent

Roni-Marie Gold, PA

COLDWELL BANKER REALTY License #3105300

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,560

Year Built

  • Built in 1972

Lot Details

  • 0.32 Acre Lot
  • Home fronts a creek
  • 103 Feet of Waterfront
  • Property fronts a saltwater canal
  • Oversized Lot
  • Property is zoned RSF2

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 2,771 Sq Ft Home
  • Blinds
  • Entrance Foyer
  • Den
  • Inside Utility
  • Creek or Stream Views
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Access To Creek
  • Access to Saltwater Canal
  • Seawall
  • Boat Lift

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Phillippi Gardens Community
  • Phillippi Gardens 4 Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Tax Lot 120
  • Assessor Parcel Number 0086110008

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,560

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2771
  • Lot Size Acres: 0.32
  • New Construction: No
  • Year Built: 1972
  • Building Area Total: 3632
  • Lot Size Sq Ft: 13800
  • Directions to Property: US 41 to Constitution Blvd. to Merrimac Drive Home on left
  • Status: Sold
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Subdivision Num: 1520
  • Ratio: Close Price\List Price: 0.94425
  • Price per Sq Ft: 149.77
  • Close to Original List Price Ratio: 0.94425
  • Ratio: Current Price\Building Area Total: 114.26
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 5616
  • Room Count: 9
  • Additional Rooms: Den/Library/Office, Foyer, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Water View: Creek
  • Water Access: Canal - Saltwater, Creek
  • Water Extras: Lift, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 103

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

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

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0086110008
  • Additional Parcels: No
  • Lot Features: In County, Oversized Lot
  • Millage Rate: 13.48
  • Future Land Use: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Expected Lease Date: 2012-03-02T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 3560
  • Tax Book Number: 0012/0014
  • Tax Lot: 120

Multi Family

  • Waterfront Features: Canal - Saltwater, Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2012
Closed on
Mar 2, 2012
Sold by
Silver Rosalie J
Bought by
Murad Menashe J and Murad Wendy A
Seller's Agent
Doris Edwards
A & D EDWARDS AMERICAN DREAM
Buyer's Agent
Roni-Marie Gold, PA
COLDWELL BANKER REALTY
List Price
$415,000
Sold Price
$415,000
Current Estimated Value
$1,195,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$780,983
Avg. Annual Appreciation
8.18%
Original Mortgage
$215,000
Outstanding Balance
$140,658
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,053,818

Purchase Details

Closed on
Aug 3, 2001
Sold by
Silver Rosalie J
Bought by
Silver Rosalie J
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
Murad Menashe J $415,000 Attorney
Silver Rosalie J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murad Menashe J $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2012 03/02/12 Sold $415,000 0.0% $150 / Sq Ft
01/26/2012 01/26/12 Pending -- -- --
01/14/2012 01/14/12 For Sale $415,000 -- $150 / 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 $7,328 $603,456 -- --
2023 $7,328 $585,880 $0 $0
2022 $7,066 $560,854 $0 $0
2021 $7,003 $544,518 $0 $0
2020 $7,035 $537,000 $233,200 $303,800
2019 $7,536 $544,700 $276,900 $267,800
2018 $6,604 $483,900 $251,800 $232,100
2017 $7,141 $503,584 $0 $0
2016 $6,889 $511,200 $282,300 $228,900
2015 $7,052 $537,800 $257,800 $280,000
2014 $5,787 $342,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Doris Edwards

    A & D EDWARDS AMERICAN DREAM

    (941) 266-0650

    26 Total Sales

    Section Image
  • Roni-Marie Gold, PA

    Buyer's Agent in 2012

    Roni-Marie Gold, PA

    COLDWELL BANKER REALTY

    (321) 482-2771

    5 in this area

    143 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: A3954357

Stellar MLS

APN: 0086-11-0008

Florida Sarasota County Sarasota 34231 Coral Cove/Holiday Harbor

5616 Merrimac Dr, Sarasota, FL

This home is located at 5616 Merrimac Dr, Sarasota, FL 34231 since 14 January 2012 and is currently estimated at $1,136,475, approximately $410 per square foot. This property was built in 1972. 5616 Merrimac Dr 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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