NOT LISTED FOR SALE

5823 Merion Way Unit 1 Sarasota, FL 34243

Estimated Value: $394,794 - $453,000

2 Beds
2 Baths
1,984 Sq Ft
$210/Sq Ft Est. Value

Last Sold December 27, 2012

Last sale price $165,000 $83 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $2,786/month

79 Days on Market

Highlights

  • Golf Course Community
  • Access To Pond
  • Custom Home
  • Robert Willis Elementary School Rated A-
  • Heated Indoor Pool
  • Lake View

About This Home

As of December 2012

If Relaxation is the order of the day, then the lake view from this villa's master bedroom, Florida room, living room, and patio is the answer! Situated with a full view of this spring-fed lake, this rarely-available location will delight you. The large villa features a split floor plan with a guest suite and a large den. Vaulted ceilings and skylights, tiled floors, and a very open feeling complement Florida's relaxed lifestyle. The screened front entry, the private eating area in the kitchen, indoor laundry, and the air conditioned Florida room offer the spaces you are looking for! A 2-car garage includes good storage cabinets. The community pool, tennis courts, clubhouse, and water service are included in the monthly fee. Palm Aire Country Club is nearby but not mandatory. Dine, shop, or work among University Parkway's various activity centers. Quick access to Downtown Sarasota, movies, the Ringling Museum, USF/New College, and Sarasota airport. Don't miss this opportunity!..... READY FOR IMMEDIATE OCCUPANCY.

Last Agent to Sell the Property

Susan Keal

MICHAEL SAUNDERS & COMPANY License #0473897 Listed on: 09/06/2012

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Lee Byron

MICHAEL SAUNDERS & COMPANY License #0600774

Last Buyer's Agent

Mike Prisco

MICHAEL SAUNDERS & COMPANY License #3208927

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,815

Year Built

  • Built in 1987

Lot Details

  • 4,704 Sq Ft Lot
  • Southwest Facing Home
  • Property is zoned RMF6/W

HOA Fees

  • $372 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking
  • Open Parking
  • Off-Street Parking

Property Views

  • Lake
  • Woods

Home Design

  • Custom Home
  • Florida Architecture
  • Patio Home
  • Villa
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,984 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Blinds
  • Great Room
  • Den
  • Sun or Florida Room
  • Inside Utility
  • Ceramic Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Heated Indoor Pool
  • Spa
  • Child Gate Fence

Outdoor Features

  • Access To Pond

Schools

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

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Down Payment Assistance Available
  • Homestead Exemption
  • Visit Down Payment Resource Website
  • Tax Lot 1
  • Assessor Parcel Number 1920521554

Community Details

Overview

  • Association fees include cable TV, pest control, recreational facilities, sewer, trash, water
  • Jennifer Johnson Jjohnson@Cscmsi.Com Association
  • Fairway Six Community
  • Palm Aire Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,815

Year Built

Built in 1987

Lot Details

0

HOA Fees

$372 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Villa
  • Architectural Style: Custom, Florida, Patio
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 1984
  • Lot Size Acres: 0.11
  • New Construction: No
  • Year Built: 1987
  • Building Area Total: 2546
  • Lot Size Sq Ft: 4704
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3965438&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3965438&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: Non-Applicable
  • Home Warranty Y N: Yes
  • Subdivision Num: 1920504
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.97059
  • Price per Sq Ft: 83.17
  • Close to Original List Price Ratio: 0.82707
  • Ratio: Current Price\Building Area Total: 64.81
  • View: Yes
  • Co List Office Mls Id: 281502395
  • Co List Office Phone: 941-349-3444
  • Ownership: Condominium,Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Master Bedroom Main Floor, Open Floorplan, Skylight(s), Split Bedroom, 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
  • Levels: One
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: Blinds, Window Treatments
  • Room Count: 8
  • Additional Rooms: Den/Library/Office, Florida Room, Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: Child Safety Fence, Heated, Indoor
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods, Water
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View: Lake
  • Water Access: Pond
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Guest, Off Street
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Golf, Pool, Tennis Courts
  • Association Amenities: Maintenance, Recreation Facilities, Tennis Court(s)
  • Association Fee: 1115
  • Association Fee Frequency: Quarterly
  • Association Name: Jennifer Johnson - jjohnson@CSCMSI.com
  • Association: Yes
  • Security: Smoke Detector(s)
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 4460
  • Total Monthly Fees: 371.67

Schools

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

Lot Info

  • Zoning: RMF6/W
  • Parcel Number: 1920521554
  • Additional Parcels: No
  • Lot Features: In County
  • Millage Rate: 16.82
  • Future Land Use: 0400
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Expected Lease Date: 2012-12-27T05:00:00.000Z

Tax Info

  • Tax Book Number: 0021/0135
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2012
Closed on
Dec 27, 2012
Sold by
Fleder Robert I and Fleder Helen R
Bought by
Hymoff Ira H and Hymoff Jessica A
Seller's Agent
Susan Keal
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Mike Prisco
MICHAEL SAUNDERS & COMPANY
List Price
$177,000
Sold Price
$165,000
Premium/Discount to List
-$12,000
-6.78%
Current Estimated Value
$416,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,199
Avg. Annual Appreciation
7.47%
Original Mortgage
$115,500
Outstanding Balance
$80,232
Interest Rate
3.35%
Mortgage Type
New Conventional
Estimated Equity
$335,967

Purchase Details

Closed on
Apr 1, 1999
Sold by
Rosenow Bing and Rosenow Bonnie
Bought by
Fleder Robert I and Fleder Helen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Hymoff Ira H $165,000 Attorney
Fleder Robert I $157,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hymoff Ira H $115,500
Previous Owner Fleder Robert I $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2012 12/27/12 Sold $165,000 -2.9% $83 / Sq Ft
11/25/2012 11/25/12 Pending -- -- --
11/12/2012 11/12/12 Price Changed $170,000 -4.0% $86 / Sq Ft
09/06/2012 09/06/12 For Sale $177,000 -- $89 / 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 $2,815 $218,949 -- --
2024 $2,815 $212,778 -- --
2023 $2,762 $206,581 $0 $0
2022 $2,677 $200,564 $0 $0
2021 $2,554 $194,722 $0 $0
2020 $2,439 $192,034 $0 $0
2019 $2,398 $187,717 $0 $0
2018 $2,375 $184,217 $0 $0
2017 $2,199 $180,428 $0 $0
2016 $2,192 $176,717 $0 $0
2015 $2,748 $176,119 $0 $0
2014 $2,748 $176,119 $0 $0
2013 $2,398 $145,854 $1 $145,853
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3965438

Stellar MLS

APN: 19205-2155-4