NOT LISTED FOR SALE

5617 Summer Side Ln Unit 48A Sarasota, FL 34231

Gulf Gate Estates Neighborhood

Estimated Value: $180,000 - $219,000

2 Beds
2 Baths
1,125 Sq Ft
$325/mo HOA Fee

Last Sold February 03, 2023

Last sale price $170,000 $151 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,560/month

9 Days on Market

Highlights

  • View of Trees or Woods
  • 6.36 Acre Lot
  • Contemporary Architecture
  • Riverview High School Rated A
  • Open Floorplan
  • End Unit

About This Home

As of February 2023

An empty page; a blank slate. All the demo’s been done and this space is ready for your creative juices to flow. Time to make this a home and receive the acclaim and price point it deserves. Location, Location, Location! Only unit available for sale in this sought-after community. A ground floor split plan with spaces for 2 bedrooms and 2 full bathrooms. Assigned carport parking directly out-front but other convenient spaces for guests. Open living room/dining area with large sliding door that opens to screened lanai/patio. The master bedroom area has a walk-in closet and slider for private entry into the screened lanai/patio. The kitchen and bathrooms need everything. The laundry room area is inside. Community pool, pet friendly, the Association maintains the well cared-for grounds and relatively low condo fees. The location and price are hard to find in Sarasota. Close to everything. Siesta Key Beach, Hospital, Shopping, and so much more!

Last Agent to Sell the Property

Gene Wasson

AUTOMATED REAL ESTATE MGMT License #0274082 Listed on: 01/09/2023

Last Buyer's Agent

Max Pereira

EXIT KING REALTY License #3483817

EXIT KING REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,720

Year Built

  • Built in 1984

Lot Details

  • End Unit
  • North Facing Home
  • Landscaped with Trees

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 1 Carport Space

Property Views

  • Woods
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Fixer Upper
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,125 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Sliding Doors
  • Combination Dining and Living Room
  • Concrete Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Screened Patio

Schools

  • Gulf Gate Elementary School
  • Brookside Middle School
  • Riverview High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance, management, pest control, private road, sewer, trash
  • Gulf Coast Community Management Association, Phone Number (941) 870-5600
  • Summerside Community
  • Summerside Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions

Recreation

  • Community Pool

Pet Policy

  • Pet Size Limit
  • Medium pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,720

Year Built

Built in 1984

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Pool, Private Road, Sewer, Trash
  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 1125
  • Lot Size Acres: 6.36
  • New Construction: No
  • Year Built: 1984
  • Building Area Total: 1233
  • Lot Size Sq Ft: 276895
  • Directions to Property: I-75 west at Exit 205, Clark Road. Continue on Clark Rd approximately 3.5 miles. Summerside Lane is a private road on your right, continue to the end and turn right to 5617 in the back corner.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: Owner
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 1046765
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 151.11
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Monthly
  • Property Description: End Unit
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Concrete
  • Full Bathrooms: 2
  • Interior Amenities: Eat-in Kitchen, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Walk-In Closet(s)
  • Appliances Included: None
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 5617
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 104.52
  • Room Count: 5

Exterior Features

  • Direction Faces: North
  • Exterior Features: Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Park/Greenbelt, Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Patio, Screened
  • Road Surface Type: Asphalt
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0144F

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Pool
  • Association Fee Frequency: Monthly
  • Association Name: Gulf Coast Community Management
  • Phone: 941-870-5600
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Building Name Number: 5617
  • Condo Fees: 325
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 325
  • Pet Size: Medium (36-60 Lbs.)

Fee Information

  • Total Annual Fees: 3900.00
  • Total Monthly Fees: 325.00

Schools

  • Elementary School: Gulf Gate Elementary
  • High School: Riverview High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0088101081
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 25724

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Size Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Background check is required.

Tax Info

  • Tax Annual Amount: 1720
  • Tax Book Number: 16-35
  • Tax Lot: 48A

Multi Family

  • Approval Process: All tenants must be approved by the association.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2023
Closed on
Feb 3, 2023
Sold by
Osborne Gail
Bought by
Moura Maria I and Moura Carlos H
Seller's Agent
Gene Wasson
AUTOMATED REAL ESTATE MGMT
Buyer's Agent
Max Pereira
EXIT KING REALTY
List Price
$195,000
Sold Price
$170,000
Premium/Discount to List
-$25,000
-12.82%
Total Days on Market
9
Views
203
Current Estimated Value
$200,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,748
Avg. Annual Appreciation
7.30%

Purchase Details

Closed on
Sep 8, 2000
Sold by
Osborne Gail
Bought by
Osborne Gail and Watson Gene Boyd

Purchase Details

Closed on
Aug 15, 2000
Sold by
Wasson Iris
Bought by
Osborne Gail
Source: Public Records

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Range of Values:

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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
Moura Maria I $170,000 --
Osborne Gail -- --
Osborne Gail -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Osborne Gail $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2023 02/03/23 Sold $170,000 -8.1% $151 / Sq Ft
01/20/2023 01/20/23 Price Changed $185,000 -5.1% $164 / Sq Ft
01/19/2023 01/19/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $195,000 0.0% $173 / Sq Ft
01/16/2023 01/16/23 Pending -- -- --
01/09/2023 01/09/23 For Sale $195,000 -- $173 / 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 $2,044 $131,900 -- $131,900
2023 $2,044 $150,400 $0 $150,400
2022 $2,048 $161,700 $0 $161,700
2021 $1,720 $114,800 $0 $114,800
2020 $1,584 $100,300 $0 $100,300
2019 $1,528 $103,600 $0 $103,600
2018 $1,436 $99,200 $0 $99,200
2017 $1,391 $68,228 $0 $0
2016 $1,302 $83,400 $0 $83,400
2015 $1,226 $73,900 $0 $73,900
2014 $1,086 $46,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4556153

Stellar MLS

APN: 0088-10-1081