NOT LISTED FOR SALE

5811 Merion Way Sarasota, FL 34243

Estimated Value: $392,453 - $450,000

2 Beds
2 Baths
1,984 Sq Ft
$209/Sq Ft Est. Value

Last Sold May 17, 2022

Last sale price $440,000 $222 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,993/month

4 Days on Market

Highlights

  • Waterfront Community
  • Pond View
  • Vaulted Ceiling
  • Robert Willis Elementary School Rated A-
  • Open Floorplan
  • End Unit

About This Home

As of May 2022

Don't build! Transform this fabulous land owned, 2/2 with a home office, villa into your dream home. A+ location with massive lake views out back, in the Fairway 6 section of Palm-Aire Golf and Country Club , but there is no membership required. Fairway 6 has it's own pool and tennis area for your private use, right outside your front door. Eat-in kitchen, with open view into the living area, has sliders out to a picture perfect patio where you can have your little bistro table and enjoy the outdoor view of the lush surroundings and the beautiful lake. Living/Dining area has vaulted ceilings, tile floors which continues into the Florida room for a spacious open feel. The Florida room is surrounded with sliders that open up to the outdoor patio. Sweeping views of the large lake. Home office has very high ceilings with skylights to let the natural light in. Master bedroom has great views of the lake, walk-in closets and large MB Bath. Second bedroom is located right next to the 2nd full bath, loads of closet space in the hallway as well as in the bedroom. Convenient laundry room off the kitchen leads into the two car garage. This villa has everything you would need in a comfortable villa, it just needs someone to come in and make it their own and bring it back to its original beauty. Comes with a ONE YEAR HOME WARRANTY!

Last Agent to Sell the Property

Kerry Becker

COLDWELL BANKER REALTY License #3335160 Listed on: 03/19/2022

COLDWELL BANKER REALTY

Last Buyer's Agent

Jonnie Dwyer

MICHAEL SAUNDERS & COMPANY License #0661540

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,665

Year Built

  • Built in 1988

Lot Details

  • 8,320 Sq Ft Lot
  • End Unit
  • South Facing Home
  • Irrigation

HOA Fees

  • $419 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Villa
  • Property Attached
  • Slab Foundation
  • Shake Roof
  • Block Exterior

Interior Spaces

  • 1,984 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Combination Dining and Living Room
  • Home Office
  • Pond Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range Hood
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Schools

  • Robert E Willis Elementary School
  • Braden River Middle School
  • Braden River High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Rescom Property Management Association, Phone Number (941) 800-3601
  • Fairway Six Community
  • Fairway Six Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Waterfront Community
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets up to 35 lbs
  • 2 Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,665

Year Built

Built in 1988

Lot Details

0

HOA Fees

$419 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Villa
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1984
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 1988
  • Lot Size Sq Ft: 8320
  • Directions to Property: Whitfield Drive to Fairway Six entrance. St Andrews Dr to Merion, go right onto Merion.
  • Status: Sold
  • Ownership: Fee Simple
  • Available for Lease YN: 0
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046393
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 221.77
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Property Description: End Unit
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Skylight(s), Solid Surface Counters, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range Hood, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 5811
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 184.32
  • Room Count: 7

Exterior Features

  • Direction Faces: South
  • Exterior Features: Irrigation System
  • Roof: Shake
  • Home Warranty: Yes
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View: Pond
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool, Sidewalks, Tennis Courts, Waterfront
  • Association Fee: 1256
  • Association Fee Frequency: Quarterly
  • Association Name: ResCom Property Management
  • Phone: 941-800-3601
  • Association: Yes
  • Senior Community: No
  • Pet Restrictions: per association rules
  • Association Fee Requirement: Required
  • Max Pet Weight: 35
  • Association Email: mkenyon@rescom-mgt.com
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 5024.00
  • Total Monthly Fees: 418.67
  • Monthly HOA Amount: 418.67

Schools

  • Elementary School: Robert E Willis Elementary
  • High School: Braden River High
  • Middle Or Junior School: Braden River Middle

Lot Info

  • Zoning: RMF6/WPE
  • Parcel Number: 1920521307
  • Additional Parcels: No
  • Property Attached Yn: Yes
  • Flood Zone Code: x
  • Homestead YN: 1
  • Lot Size Square Meters: 773

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 3664.73
  • Tax Book Number: 21-135
  • Tax Lot: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2014
Closed on
Apr 2, 2014
Sold by
Knowles David W and Knowles Patricia A
Bought by
Shine Robert J and Shine Mary C
Seller's Agent
Kelly Murphy
COLDWELL BANKER REALTY
Buyer's Agent
Norm Luppino
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%
Current Estimated Value
$413,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,863
Avg. Annual Appreciation
4.82%

Purchase Details

Closed on
Dec 30, 2006
Sold by
Anderson Deborah K and Knowles Holly J
Bought by
Knowles David W and Knowles Patricia A
Source: Public Records

Range of Values:

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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
Shine Robert J $240,000 Sunbelt Title Agency
Knowles David W -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2022 05/17/22 Sold $440,000 -2.2% $222 / Sq Ft
03/24/2022 03/24/22 Pending -- -- --
03/19/2022 03/19/22 For Sale $449,900 +87.5% $227 / Sq Ft
04/04/2014 04/04/14 Sold $240,000 -4.0% $121 / Sq Ft View Prior Sale
02/08/2014 02/08/14 Pending -- -- --
02/02/2014 02/02/14 For Sale $250,000 -- $126 / 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
2025 $4,895 $346,015 $66,300 $279,715
2024 $4,895 $353,018 $66,300 $286,718
2023 $5,581 $353,043 $66,300 $286,743
2022 $4,348 $295,898 $65,000 $230,898
2021 $3,665 $228,711 $65,000 $163,711
2020 $3,602 $214,176 $65,000 $149,176
2019 $3,533 $208,144 $57,000 $151,144
2018 $3,406 $198,264 $57,000 $141,264
2017 $3,148 $191,569 $0 $0
2016 $2,993 $178,135 $0 $0
2015 $1,819 $178,159 $0 $0
2014 $1,819 $138,317 $0 $0
2013 $1,790 $136,273 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4527100

Stellar MLS

APN: 19205-2130-7