NOT LISTED FOR SALE

5763 Summerside Ln Unit 11A Sarasota, FL 34231

Gulf Gate Estates Neighborhood

Estimated Value: $200,000 - $267,000

2 Beds
2 Baths
1,125 Sq Ft
$300/mo HOA Fee

Last Sold November 24, 2021

Last sale price $250,000 $222 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,901/month

1 Day on Market

Highlights

  • Community Pool
  • Covered patio or porch
  • Tile Flooring
  • Riverview High School Rated A
  • Laundry Room
  • Sliding Doors

About This Home

As of November 2021

Live where others vacation! Only 3 miles to Siesta Key where you will find the world famous Siesta Key Beach. This spacious turn key ground floor 2 bedroom 2 bath condo has been all updated and is conveniently located in close proximity to dining, shopping and entertainment. The unit has wood look tile throughout, tiled screened lanai and a large laundry room, a beautiful renovated kitchen with a breakfast bar! Parking is in front of the unit in a covered carport space with additional open guest parking as well. This condo has been completely furnished and you have an option to purchase these brand new never used furniture for a negotiable price.

Last Agent to Sell the Property

Max Pereira

EXIT KING REALTY License #3483817 Listed on: 10/26/2021

EXIT KING REALTY

Last Buyer's Agent

Lana Zub

MEDWAY REALTY License #3325736

MEDWAY REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,566

Year Built

  • Built in 1984

Lot Details

  • North Facing Home

HOA Fees

  • $300 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,125 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting

Schools

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

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, community pool, escrow reserves fund, maintenance structure, ground maintenance, manager, pest control, pool maintenance
  • Gulf Coast Cm /Bill Ashby Association, Phone Number (941) 870-5600
  • Visit Association Website
  • Summerside Community
  • Summerside Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets up to 35 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,566

Year Built

Built in 1984

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 1125
  • New Construction: No
  • Year Built: 1984
  • Building Area Total: 1233
  • Directions to Property: Exit 205 of RT 75, right on Clark Road (SR 72), right on Summerside Lane to second right. Unit is on the right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6118223?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6118223?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 1
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.06383
  • Price per Sq Ft: 222.22
  • Close to Original List Price Ratio: 1.06383
  • Ratio: Current Price\Building Area Total: 202.76
  • View: No
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo, Split Bedroom
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 5763
  • Room Count: 6

Exterior Features

  • Direction Faces: North
  • Exterior Features: Lighting, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Rear Porch, Screened
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Guest
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Pool, Sidewalk
  • Association Name: Gulf Coast CM /Bill Ashby
  • Phone: 941-870-5600
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 300
  • Condo Fees Term: Monthly
  • Association Website: gulfcoastcm.com
  • Association Email: bill@gulfcoastcm.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 300
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 3600
  • Total Monthly Fees: 300

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0088101018
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 35
  • Minimum Lease: 1 Month
  • Approval Process: Please see Condominium Documents for Rental Restrictions (or Guidelines)
  • Pet Restrictions: Maximum height 15" - Please see Condominium Documents for Pet Restrictions (or Guidelines)
  • Lease Restrictions Y N: Yes
  • Month To Month Or Weekly Y N: No
  • Additional Lease Restrictions: Please see Condominium Documents for Rental Restrictions (or Guidelines)

Tax Info

  • Tax Annual Amount: 1566.36
  • Tax Book Number: 16-35
  • Tax Lot: 11A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2021
Closed on
Nov 24, 2021
Sold by
Ginilheu Coelho and Ginilheu Rita
Bought by
Bright Horizon Realty Llc
Seller's Agent
Max Pereira
EXIT KING REALTY
Buyer's Agent
Lana Zub
MEDWAY REALTY
List Price
$235,000
Sold Price
$250,000
Premium/Discount to List
$15,000
6.38%
Total Days on Market
1
Current Estimated Value
$241,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,118
Avg. Annual Appreciation
-0.92%

Purchase Details

Closed on
Jul 22, 2021
Sold by
Chin Yee Christina T and Phillips Christina
Bought by
Coelho Fabricio and Coelho Rita Ginilheu

Purchase Details

Closed on
May 5, 1994
Sold by
Nationsbank Fl N A
Bought by
Yee Christina T Chin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,213
Interest Rate
7.81%
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
Bright Horizon Realty Llc $250,000 Suncoast One Title & Closings
Coelho Fabricio $195,000 Suncoast One Ttl & Closings
Yee Christina T Chin $43,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yee Christina T Chin $35,213
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2021 11/24/21 Sold $250,000 +6.4% $222 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
10/25/2021 10/25/21 For Sale $235,000 -- $209 / 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 $2,990 $193,100 -- $193,100
2023 $2,990 $225,800 $0 $225,800
2022 $2,670 $190,900 $0 $190,900
2021 $1,700 $112,000 $0 $112,000
2020 $1,566 $97,900 $0 $97,900
2019 $1,521 $102,800 $0 $102,800
2018 $1,429 $98,400 $0 $98,400
2017 $1,388 $68,071 $0 $0
2016 $1,276 $81,400 $0 $81,400
2015 $1,202 $72,100 $0 $72,100
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: N6118223

Stellar MLS

APN: 0088-10-1018