NOT LISTED FOR SALE

5881 Old Summerwood Blvd Sarasota, FL 34232

Estimated Value: $425,339 - $484,000

3 Beds
2 Baths
1,812 Sq Ft
$249/Sq Ft Est. Value

Last Sold February 04, 2020

Last sale price $278,000 $153 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,854/month

80 Days on Market

Highlights

  • Pond View
  • Open Floorplan
  • Engineered Wood Flooring
  • Sarasota High School Rated A-
  • Vaulted Ceiling
  • Family Room Off Kitchen

About This Home

As of February 2020

Motivated Seller! Take a look at this beautiful 3-bedroom, 2-bathroom home located in the desirable Summerwood Community. This home features vaulted ceilings, hardwood and tile floors, an extended, screened-in, lanai, and a lake view. The master suite offers a large master bedroom, duel sinks, a garden tub, shower, and walk-in closet. The garage has built-in cabinets and has A/C. Summerwood has very low HOA fees, and this home is not in a flood zone. This home has a lot to offer. Schedule your showing today!!

Last Agent to Sell the Property

Ronald Smith

KELLER WILLIAMS ISLAND LIFE REAL ESTATE License #3323825 Listed on: 10/20/2019

KELLER WILLIAMS ISLAND LIFE REAL ESTATE

Last Buyer's Agent

Luis Alaez

ATLAS REALTY COMPANY, INC. License #3215494

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,009

Year Built

  • Built in 1998

Lot Details

  • 5,406 Sq Ft Lot
  • Property fronts a private road
  • North Facing Home
  • Dog Run
  • Fenced
  • Property is zoned RSF4

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,812 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Pond Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Rain Gutters

Schools

  • Brentwood Elementary School
  • Mcintosh Middle School
  • Sarasota High School

Utilities

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

Community Details

  • Sentry Management Association, Phone Number (941) 361-1222
  • Visit Association Website
  • Summerwood Community
  • Summerwood Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,009

Year Built

Built in 1998

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1812
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 1998
  • Building Area Total: 2412
  • Lot Size Sq Ft: 5406
  • Directions to Property: I75 take Fruitville Road Exit, head West. Turn Left onto Catttlemen Rd. Turn right onto Old Summerwood Blvd. 5881 Old Summerwood will be on the left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6107526?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6107526?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.97544
  • Price per Sq Ft: 153.42
  • Close to Original List Price Ratio: 0.97544
  • Ratio: Current Price\Building Area Total: 115.26
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Engineered Hardwood, Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Freezer, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 5881
  • Room Count: 7
  • Additional Rooms: Family Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Exterior Features: Dog Run, Fenced, Rain Gutters, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Road Frontage Type: Private Road
  • Waterfront: No
  • Water View: Pond
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0154F
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 400
  • Association Fee Frequency: Annually
  • Association Name: Sentry Management
  • Phone: 941-361-1222
  • Association: Yes
  • Senior Community: No
  • Association Website: www.sentrymgt.com
  • Association Email: sentrymgt.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 400
  • Monthly HOA Fee: 33.33
  • Total Monthly Fees: 33.33

Schools

  • Elementary School: Brentwood Elementary
  • High School: Sarasota High
  • Middle Or Junior School: McIntosh Middle

Lot Info

  • Zoning: RSF4
  • Parcel Number: 0049150045
  • Additional Parcels: No
  • Lot Features: Sidewalk
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Approval Process: Written approval must be obtained by the board of Directors, owner must make available to the lessee copies of the documents.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Units may be rented only in their entirety, no fraction or portion may be rented.

Tax Info

  • Tax Annual Amount: 3009
  • Tax Book Number: 39-9
  • Tax Lot: 49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2019
Closed on
Feb 3, 2020
Sold by
Cox Lucretia
Bought by
Rojas Raiza and Alaez Luis
Seller's Agent
Ronald Smith
KELLER WILLIAMS ISLAND LIFE REAL ESTATE
Buyer's Agent
Luis Alaez
ATLAS REALTY COMPANY, INC.
List Price
$285,000
Sold Price
$278,000
Premium/Discount to List
-$7,000
-2.46%
Current Estimated Value
$451,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,085
Avg. Annual Appreciation
9.65%
Original Mortgage
$220,000
Outstanding Balance
$197,267
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$265,745

Purchase Details

Closed on
Feb 17, 2004
Sold by
Reardon Marie and Reardon Colleen
Bought by
Cox Lucretia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.63%

Purchase Details

Closed on
Jun 14, 1999
Sold by
Manatee Ventures Inc
Bought by
Reardon Marie and Reardon Colleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.04%
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
Rojas Raiza $277,000 Paragon Title Agency
Cox Lucretia $190,000 --
Reardon Marie $157,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rojas Raiza $220,000
Previous Owner Cox Lucretia $50,000
Previous Owner Cox Lucretia $70,000
Previous Owner Reardon Marie $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2020 02/04/20 Sold $278,000 -2.5% $153 / Sq Ft
01/07/2020 01/07/20 Pending -- -- --
11/06/2019 11/06/19 For Sale $285,000 0.0% $157 / Sq Ft
10/27/2019 10/27/19 Pending -- -- --
10/19/2019 10/19/19 For Sale $285,000 -- $157 / 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 $4,351 $311,321 -- --
2023 $4,351 $369,200 $135,200 $234,000
2022 $3,861 $315,600 $110,200 $205,400
2021 $3,289 $233,900 $73,900 $160,000
2020 $2,967 $204,200 $62,300 $141,900
2019 $3,090 $217,700 $62,300 $155,400
2018 $3,009 $212,900 $62,300 $150,600
2017 $2,873 $198,400 $50,300 $148,100
2016 $2,835 $191,400 $47,100 $144,300
2015 $1,566 $163,100 $42,600 $120,500
2014 $1,558 $123,159 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N6107526

Stellar MLS

APN: 0049-15-0045