NOT LISTED FOR SALE

5638 Olive Ave Sarasota, FL 34231

Estimated Value: $244,000 - $307,000

2 Beds
1.5 Baths
1,149 Sq Ft
$253/Sq Ft Est. Value

Sale Details

Date Sold: November 2, 2022

Last sale price $350,000 $305 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $1,775 / mo

2 Days on Market

Highlights

  • Vaulted Ceiling
  • No HOA
  • Central Heating and Cooling System
  • Riverview High School Rated A
  • Outdoor Storage
  • East Facing Home

About This Home

As of November 2022

Wow! Just standing in the middle of the Great Room with its VAULTED CEILING and windows and natural light, this beautiful home feels so perfect. It is extra clean and MOVE-IN READY for YOU! Granite Countertops in the Kitchen and wood cabinets with plenty of storage! Large Closets in both Bedrooms, an extra large bonus room to use anyway YOU like, and a huge Laundry Room with more Cabinets for extra storage and a countertop for folding laundry and CRAFTING! Big, FENCED backyard with patio deck and storage shed! AC, 2015, Roof, 2018, GE Range, Bosch Dishwasher, Water heater, Disposal, Light Fixtures and Fans, Exterior Doors, 2019. 2 Miles to SIESTA KEY Bridge, minutes from Costco, Shopping, and The Gulf Gate Entertainment District, with dozens of Restaurants and Bars! Easy access to I-75; close to Hospitals, minutes from downtown. Priced right! This is THE ONE for YOU!

Last Agent to Sell the Property

Rick Giles

BRIGHT REALTY License #3319188 Listed on: 10/15/2022

BRIGHT REALTY

Last Buyer's Agent

Melissa Sherk

PREFERRED SHORE LLC License #3400773

PREFERRED SHORE LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,848

Year Built

  • Built in 1956

Lot Details

  • 7,597 Sq Ft Lot
  • East Facing Home
  • Property is zoned RSF3

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,149 Sq Ft Home
  • Vaulted Ceiling
  • Window Treatments
  • Vinyl Flooring
  • Washer

Kitchen

  • Range
  • Microwave
  • Ice Maker
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Outdoor Storage

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sun Haven Community
  • Sun Haven Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,848

Year Built

Built in 1956

Lot Details

7,597 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 1149
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 1956
  • Lot Size Sq Ft: 7597
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4549692?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4549692?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 304.61
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Vaulted Ceiling(s), Window Treatments
  • Appliances Included: Disposal, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Room Count: 7
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0144F

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: None
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0088110019
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: 1 Month
  • Num Timesper Year: 12
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: seller is not aware of any other restrictions

Tax Info

  • Tax Annual Amount: 2848
  • Tax Block: Q
  • Tax Book Number: 9-2
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2022
Closed on
Nov 2, 2022
Sold by
Giles Richard C
Bought by
Myers Timothy
Seller's Agent
Rick Giles
BRIGHT REALTY
Buyer's Agent
Melissa Sherk
PREFERRED SHORE LLC
List Price
$350,000
Sold Price
$350,000
Views
12
Current Estimated Value
$290,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$59,777
Avg. Annual Appreciation
-5.27%
Original Mortgage
$270,000
Outstanding Balance
$260,382
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$29,841

Purchase Details

Listed on
Mar 7, 2019
Closed on
Aug 26, 2019
Sold by
Fanelli Stephanie R
Bought by
Giles Richard C and Giles Patricia L
Seller's Agent
Debbie Hering
DEBBIE HERING REALTY & ASSOC.
Buyer's Agent
Rick Giles
BRIGHT REALTY
List Price
$224,900
Sold Price
$211,000
Premium/Discount to List
-$13,900
-6.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.19%

Purchase Details

Closed on
Aug 12, 2010
Sold by
Fellema Claire A and Natter Suzanne C
Bought by
Fanelli Stephanie Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,569
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 21, 2008
Sold by
Rubright Troy and Rubright Francine
Bought by
Fellema Claire A and Natter Suzanne C

Purchase Details

Closed on
Mar 24, 2006
Sold by
Fellema Claire A and Natter Suzzane C
Bought by
Rubright Troy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 11, 2003
Sold by
Fellema Claire A
Bought by
Fellema Claire A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Myers Timothy $350,000 --
Giles Richard C $211,000 Attorney
Fanelli Stephanie Renee $99,900 Attorney
Fellema Claire A $218,600 Attorney
Rubright Troy $225,000 Attorney
Fellema Claire A -- --
Fellema Claire A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myers Timothy $270,000
Previous Owner Fanelli Stephanie Renee $98,569
Previous Owner Rubright Troy $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/02/2022 11/02/22 Sold $350,000 0.0% $305 / Sq Ft
10/18/2022 10/18/22 Pending -- -- --
10/15/2022 10/15/22 For Sale $350,000 +65.9% $305 / Sq Ft
08/26/2019 08/26/19 Sold $211,000 -4.9% $184 / Sq Ft View Prior Sale
07/01/2019 07/01/19 Pending -- -- --
06/22/2019 06/22/19 Price Changed $221,900 -1.3% $193 / Sq Ft
05/21/2019 05/21/19 For Sale $224,900 0.0% $196 / Sq Ft
05/09/2019 05/09/19 Pending -- -- --
04/10/2019 04/10/19 Price Changed $224,900 -2.2% $196 / Sq Ft
03/05/2019 03/05/19 For Sale $229,900 -- $200 / Sq Ft
Source: Stellar MLS

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 $2,804 $226,948 -- --
2024 $2,688 $220,552 -- --
2023 $2,688 $214,128 $0 $0
2022 $3,363 $266,500 $125,100 $141,400
2021 $2,848 $186,200 $81,700 $104,500
2020 $2,647 $166,400 $57,600 $108,800
2019 $1,091 $80,199 $0 $0
2018 $881 $78,704 $0 $0
2017 $816 $70,821 $0 $0
2016 $816 $91,300 $35,800 $55,500
2015 $827 $82,300 $32,500 $49,800
2014 $824 $67,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4549692

Stellar MLS

APN: 0088-11-0019

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