NOT LISTED FOR SALE

5821 Merion Way Sarasota, FL 34243

Estimated Value: $347,000 - $480,000

2 Beds
2 Baths
1,804 Sq Ft
$419/mo HOA Fee

Last Sold April 18, 2022

Last sale price $447,500 $248 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,923/month

18 Days on Market

Highlights

  • Heated In Ground Pool
  • Lake View
  • High Ceiling
  • Robert Willis Elementary School Rated A-
  • End Unit
  • Stone Countertops

About This Home

As of April 2022

Hard to find 2 bedroom 2 bath w/study in PALM-AIRE! Enjoy the breathtaking view of the lake as you enter the home. This Turnkey end unit has cathedral ceilings and extra windows to let in natural light for a bright cozy condo. The kitchen boast Silestone counters with decorative tile back splash and upgraded cabinets. Enjoy the tranquil lake view as you watch the birds and wildlife from your Living, Dining room, and sun porch. Tasteful plantation shutters throughout with 5 ceiling fans. You are just steps away from the pool, tennis courts, and clubhouse with the membership optional Palm Aire Country Club near by. Tenant is in place with the lease ending November 30, 2022.

Last Agent to Sell the Property

Margaret Abbott

BRIGHT REALTY License #0655874 Listed on: 03/12/2022

BRIGHT REALTY

Last Buyer's Agent

Mariele Hoffman

BRIGHT REALTY License #3251289

BRIGHT REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,547

Year Built

  • Built in 1987

Lot Details

  • Property fronts a private road
  • End Unit
  • North Facing Home
  • Irrigation
  • Land Lease expires 11/30/22

HOA Fees

  • $419 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,804 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Shutters
  • Blinds
  • Combination Dining and Living Room
  • Den
  • Lake Views

Kitchen

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

Flooring

  • Carpet
  • Porcelain Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, maintenance structure, ground maintenance, manager, private road, recreational facilities, sewer, trash, water
  • Rescom Mgt Llc Association, Phone Number (941) 800-3601
  • Fairway Six Community
  • Fairway Six Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets up to 20 lbs
  • Pet Size Limit
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,547

Year Built

Built in 1987

Lot Details

0

HOA Fees

$419 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Manager, Private Road, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Wood Frame
  • Fireplace: Yes
  • Living Area: 1804
  • Lot Size Acres: 0.2
  • New Construction: No
  • Year Built: 1987
  • Building Area Total: 2546
  • Lot Size Sq Ft: 8712
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4527395?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4527395?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Property Description: End Unit
  • Ratio: Close Price\List Price: 0.99444
  • Price per Sq Ft: 248.06
  • Close to Original List Price Ratio: 0.86224
  • Ratio: Current Price\Building Area Total: 175.77
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Porcelain Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Living Room/Dining Room Combo, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Blinds, Shutters
  • Room Count: 6
  • Additional Rooms: Den/Library/Office

Exterior Features

  • Direction Faces: North
  • Other Structures: Tennis Court(s)
  • Pool Features: Heated, In Ground
  • Exterior Features: Irrigation System, Sidewalk, Tennis Court(s)
  • Roof: Shingle
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Water
  • Waterfront: No
  • Road Surface Type: Paved, Asphalt
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0336F
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Pool, Sidewalk, Tennis Courts
  • Association Amenities: Pool, Tennis Court(s)
  • Association Fee: 1256
  • Association Fee Frequency: Quarterly
  • Association Name: ResCom Mgt LLC
  • Phone: 941.800.3601
  • Association: Yes
  • Senior Community: No
  • Association Email: vkenyon@rescom-mgt.com
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 5024
  • Monthly HOA Fee: 418.67
  • Total Monthly Fees: 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: 1920521505
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk
  • Flood Zone Code: X
  • Flood Zone Date: 2021-08-10
  • Land Lease Expiration Date: 2022-11-30

Rental Info

  • Pets Allowed: Size Limit, Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 20
  • Minimum Lease: 3 Months
  • Approval Process: Please contact Association Manager for restrictions.
  • Num Timesper Year: 2
  • Pet Restrictions: Limited to dogs, cats, birds, and fish
  • Lease Restrictions Y N: Yes
  • Currency Monthly Rent Amt: 1600
  • Month To Month Or Weekly Y N: No
  • Additional Lease Restrictions: Please contact Association Manager for restrictions.

Tax Info

  • Tax Annual Amount: 3547
  • Tax Book Number: 21-135
  • Tax Lot: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2016
Sold by
Flanagon Joan Patricia
Bought by
Ingram David
Current Estimated Value
$406,481

Purchase Details

Closed on
Jan 24, 2014
Sold by
Flanagan Joan Patricia
Bought by
Flanagan Joan Patricia

Purchase Details

Closed on
Apr 15, 2009
Sold by
Weigold Lee Ann and Fuller James Bradley
Bought by
Flanagan Joan Patricia

Purchase Details

Closed on
Feb 6, 2009
Sold by
Weigold Lee Ann and Fuller James Bradley
Bought by
Weigold Lee Ann and Fuller James Bradley

Purchase Details

Closed on
Mar 20, 2000
Sold by
Rubman Lewis H and Wood Ruth R
Bought by
Fuller James L and Fuller Marihanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
8.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Ingram David $257,000 Barnes Walker Title Inc
Flanagan Joan Patricia -- Attorney
Flanagan Joan Patricia -- Alliance Group Title Llc
Flanagan Joan Patricia -- Alliance Group Title Llc
Flanagan Joan Patricia $235,000 Alliance Group Title Llc
Weigold Lee Ann -- Attorney
Fuller James L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fuller James L $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2022 04/18/22 Sold $447,500 -0.6% $248 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/26/2022 03/26/22 Price Changed $450,000 -8.0% $249 / Sq Ft
03/20/2022 03/20/22 Price Changed $489,000 -5.8% $271 / Sq Ft
03/12/2022 03/12/22 For Sale $519,000 -- $288 / 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 $4,527 $325,108 $66,300 $258,808
2024 $4,527 $328,230 $66,300 $261,930
2023 $4,655 $331,355 $66,300 $265,055
2022 $4,203 $285,178 $65,000 $220,178
2021 $3,547 $220,936 $65,000 $155,936
2020 $3,592 $213,520 $65,000 $148,520
2019 $3,523 $207,533 $57,000 $150,533
2018 $3,373 $196,235 $57,000 $139,235
2017 $3,117 $189,572 $0 $0
2016 $1,768 $140,400 $0 $0
2015 $1,819 $139,424 $0 $0
2014 $1,819 $138,317 $0 $0
2013 $1,790 $136,273 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Margaret Abbott

    Seller's Agent in 2022

    Margaret Abbott

    BRIGHT REALTY

    (941) 724-1653

    1 in this area

    18 Total Sales

    Margaret Abbott
    Section Image
  • Mariele Hoffman

    Buyer's Agent in 2022

    Mariele Hoffman

    BRIGHT REALTY

    (941) 225-0800

    8 in this area

    78 Total Sales

    Mariele Hoffman
    Section Image
  • Tonna Gruber

    Buyer Co-Listing Agent in 2022

    Tonna Gruber

    COLDWELL BANKER REALTY

    (941) 232-8950

    25 in this area

    142 Total Sales

    Tonna Gruber
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4527395

Stellar MLS

APN: 19205-2150-5

Florida Manatee County Sarasota 34243

5821 Merion Way, Sarasota, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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