NOT LISTED FOR SALE

5761 Summer Side Ln Unit 10B Sarasota, FL 34231

Gulf Gate Estates Neighborhood

Estimated Value: $194,000 - $254,000

2 Beds
2 Baths
1,125 Sq Ft
6 Acres

Last Sold April 29, 2021

Last sale price $189,990 $169 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,502/month

11 Days on Market

Highlights

  • 6.36 Acre Lot
  • Vaulted Ceiling
  • Community Pool
  • Riverview High School Rated A
  • Attic
  • Balcony

About This Home

As of April 2021

Welcome home to a 2bed/2bath apartment near Siesta Key Beach, #1 beach in the U.S. Quietly situated on the 2nd floor and graced with plenty of natural sunlight, the unit is luxuriously remodeled and complemented with a vaulted ceiling, high-quality laminate and tile flooring, a spacious gourmet kitchen with granite countertops, high-efficiency stainless steel appliances, screened patio/lanai, new A/C, and water heater. The unit has a designated and covered parking spot. The very-well maintained and secured Summerside community is pet-friendly, maintenance-free, and has a low HOA fee of only $300.
Most importantly, the home is in an extremely convenient location; just a short drive to Siesta Key beach, near I-75, Downtown Sarasota, Venice, shopping malls, museums, farmer markets, top-rated restaurants, and other attractions. You do not need the car to reach Publix, Walgreens, nail/hair salons, other important places- they are just across the street. Simply put, the world is at your fingertips. Do not miss this rare opportunity!

Last Agent to Sell the Property

Yelena Vorovich

MEDWAY REALTY License #3353731 Listed on: 02/05/2021

MEDWAY REALTY

Last Buyer's Agent

Nicole Betz

EXP REALTY LLC License #3308722

EXP REALTY LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,599

Year Built

  • Built in 1984

Lot Details

  • South Facing Home
  • Irrigation

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,125 Sq Ft Home
  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Vaulted Ceiling
  • Window Treatments
  • Combination Dining and Living Room
  • Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Laminate
  • Cork
  • Porcelain Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Balcony
  • Exterior Lighting

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 10B
  • Assessor Parcel Number 0088101017

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include community pool, escrow reserves fund, insurance, maintenance exterior, ground maintenance, maintenance repairs, pest control, pool maintenance
  • William Ashby Association, Phone Number (941) 870-5600
  • Summerside Community
  • Summerside Subdivision
  • Association Approval Required
  • The community has rules related to deed restrictions

Recreation

  • Community Pool

Pet Policy

  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,599

Year Built

Built in 1984

Lot Details

0

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Insurance, Maintenance Exterior, Maintenance Grounds, Maintenance Repairs, Pest Control, Pool Maintenance
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Property Description: Walk-Up
  • Construction Materials: Stucco, Wood Frame
  • Living Area: 1125.00
  • Lot Size Acres: 6.36
  • Year Built: 1984
  • Building Area Total: 1233.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4490120?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4490120?w=Customer
  • Lot Size Sq Ft: 276894
  • Building Search Sq Meters: 114.55
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4490120?w=PubMLS
  • Directions to Property: From I 75 take exit 205 and drive West toward Siesta Key Beach. Summerside community is on the north side of Clark Road between S Lockwood Ridge and Beneva Road.
  • Escrow State: FL
  • List Office Head Office Key Nume: 1048411
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 4
  • Living Area Units: Square Feet
  • Additional Rooms: Attic
  • Flooring: Cork, Laminate, Porcelain Tile
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo, Solid Wood Cabinets, Split Bedroom, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Floor Number: 2
  • Levels: One
  • Stories: 2
  • Living Area Meters: 104.52
  • Street Number Modifier: 5761

Exterior Features

  • Direction Faces: South
  • Exterior Features: Balcony, Irrigation System, Lighting, Sidewalk
  • Roof: Shingle
  • Flood Zone Code: X
  • Flood Zone Panel: 12115C0144F
  • Road Surface Type: Asphalt

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Assigned, Covered

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Closet, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Summerside
  • Community Features: Buyer Approval Required, Deed Restrictions, Pool, Sidewalk
  • Building Name Number: 3
  • Condo Fees: 300
  • Condo Fees Term: Monthly
  • Monthly Condo Fee Amount: 300
  • Pet Size: Small (16-35 Lbs.)
  • Association Approval Required: Yes
  • Association Fee Frequency: Monthly
  • Association Fee Requirement: Required
  • Association Name: William Ashby
  • Phone: 941.870.5600
  • Association: Yes
  • Association Email: Bill@gulfcoastcm.com
  • Association Website: http://www.gulfcoastcm.com

Fee Information

  • Total Annual Fees: 3600.00
  • Total Monthly Fees: 300.00

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0088101017
  • Property Attached Yn: Yes
  • Lot Size Square Meters: 25724

Rental Info

  • Minimum Lease: 1 Month
  • Additional Lease Restrictions: Go to https://www.gulfcoastcm.com for more details
  • Furnished: Furnished Or Unfurnished
  • Lease Restrictions: Yes
  • Pets Allowed: Size Limit

Multi Family

  • Approval Process: The tenant should submit the Application to the Summerside Association, Inc. no less than ten (10) days prior to the lease date. A fee of $100.00 must accompany this application.

Tax Info

  • Tax Annual Amount: 1599.00
  • Tax Book Number: 16-35
  • Tax Lot: 10B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2022
Sold by
Fortress Asset Management Group Llc
Bought by
Brown Kevin C
Total Days on Market
11
Current Estimated Value
$234,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Outstanding Balance
$179,150
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$90,268

Purchase Details

Listed on
Feb 5, 2021
Closed on
Apr 29, 2021
Sold by
Vorovich Maria
Bought by
Fortress Asset Management Group Llc
Seller's Agent
Yelena Vorovich
MEDWAY REALTY
Buyer's Agent
Nicole Betz
EXP REALTY LLC
List Price
$189,990
Sold Price
$189,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%
Original Mortgage
$170,000
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 17, 2014
Sold by
Ferber John N
Bought by
Vorovich Maria

Purchase Details

Closed on
May 24, 2012
Sold by
Ferber Anna Marie
Bought by
Ferber John N

Purchase Details

Closed on
Aug 30, 1995
Sold by
Nye Paul
Bought by
Ferber John N and Ferber Anna Marie

Purchase Details

Closed on
Sep 21, 1994
Sold by
F N B Prop Inc
Bought by
Nye Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,250
Interest Rate
8.56%
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
Brown Kevin C -- New Title Company Name
Fortress Asset Management Group Llc $189,990 Attorney
Vorovich Maria $75,000 Alliance Group Title Llc
Ferber John N -- Attorney
Ferber John N $50,500 --
Nye Paul $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Kevin $55,000
Open Brown Kevin C $187,000
Previous Owner Fortress Asset Management Group Llc $170,000
Previous Owner Nye Paul $35,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2021 04/29/21 Sold $189,990 0.0% $169 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $189,990 -- $169 / 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 $3,125 $193,000 -- $193,000
2023 $3,125 $230,100 $0 $230,100
2022 $2,704 $193,800 $0 $193,800
2021 $1,730 $110,900 $0 $110,900
2020 $1,594 $96,900 $0 $96,900
2019 $1,599 $100,100 $0 $100,100
2018 $1,517 $95,200 $0 $95,200
2017 $1,496 $87,604 $0 $0
2016 $1,391 $82,500 $0 $82,500
2015 $1,302 $72,400 $0 $72,400
2014 $1,063 $45,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4490120

Stellar MLS

APN: 0088-10-1017