$225,000
SOLD OCT 29, 2019
2 Beds
2 Baths
1,473 Sq Ft
$500/mo HOA Fee

Recently Sold

$153 Per Sq Ft

4% Below List Price

7 Days on Market

Highlights

  • Lake View
  • Mature Landscaping
  • Tennis Courts
  • Cathedral Ceiling
  • Community Pool
  • Enclosed Patio or Porch

About This Home

As of July 2022

Rare, very desirable Spring Lakes unit with private views and immaculate lush landscape. This 2 bedroom, 2 bath home offers an open floor plan with split bedrooms for privacy and vaulted ceilings in all rooms giving an expansive living experience. Lanai and new screened patio overlook a tranquil lake making you feel like you are off in some tropical paradise. This condo is a detached, fully self-contained unit, with an attached two-car garage to keep your vehicles and toys out of the sun. This is a well-maintained community providing maintenance free living, ideal for a full-time or part-time resident that includes landscaping, irrigation, recycling/garbage removal, water/sewer, pest control, exterior maintenance including painting of home, roofs, driveways and more. Amenities include cable, 2 community pools, hot tub and tennis court and is pet friendly. Great development for walking, bike riding and more. Spring Lakes is located close to schools, shopping, restaurants and beaches. This is a must see.

Last Agent to Sell the Property

Jeff Petitt

LPT REALTY, LLC License #3240609 Listed on: 09/04/2019

LPT REALTY, LLC

Co-Listed By

Donna Shepherd

LIMBO COMPANY SARASOTA ASSOC License #3336962

Last Buyer's Agent

Don Lewis

RE/MAX ALLIANCE GROUP License #0421827

RE/MAX ALLIANCE GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,927

Year Built

  • Built in 1993

Lot Details

  • West Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $500 Monthly HOA Fees

Parking

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

Property Views

  • Lake
  • Woods
  • Park or Greenbelt

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,473 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Reclaimed Water Irrigation System
  • Enclosed Patio or Porch

Listing and Financial Details

Community Details

Overview

  • Judy Morrison Association, Phone Number (941) 758-9454
  • Spring Lakes Condominium Community
  • Spring Lakes VII Condo 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 25 lbs
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,927

Year Built

Built in 1993

Lot Details

0

HOA Fees

$500 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1473
  • Lot Size Acres: 0.09
  • New Construction: No
  • Year Built: 1993
  • Lot Size Sq Ft: 4051
  • Directions to Property: From Cortez, turn south on 34th St W 1/4 mile to Spring Lakes Association. Turn on to Spring Lake Blvd, one block to Complex on left. Circle Drive, Yellow unit.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4445196?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4445196?w=Customer
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.95745
  • Price per Sq Ft: 152.75
  • Close to Original List Price Ratio: 0.95745
  • View: Yes
  • Co List Office Mls Id: 266510725
  • Co List Office Phone: 941-932-4800
  • Ownership: Condominium
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Linoleum
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eating Space In Kitchen
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Street Number Modifier: 935
  • Room Count: 4
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: West
  • Exterior Features: Irrigation System
  • Roof: Shingle
  • Pool Private: No
  • View: Greenbelt, Trees/Woods, Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Patio
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0303E
  • Disclosures: Condominium Disclosure Available

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Irrigation-Reclaimed Water, Pool, Tennis Courts
  • Association Fee: 1500
  • Association Fee Frequency: Quarterly
  • Association Name: Judy Morrison
  • Phone: 941-758-9454
  • Association: Yes
  • Senior Community: No
  • Association Website: cscmsi.com Springlakes comdominum VII
  • Association Email: jmorrison@cscmsi.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 6000
  • Monthly HOA Fee: 500
  • Total Monthly Fees: 500

Lot Info

  • Zoning: PDR
  • Parcel Number: 5182873058
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 25
  • Minimum Lease: 1-2 Years
  • Approval Process: Mandatory approval with $100 application fee
  • Num Timesper Year: 1
  • Pet Restrictions: Max weight 25 lbs
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Unit can not be leased for the first two years of ownership.

Tax Info

  • Tax Annual Amount: 2927
  • Tax Book Number: 1408-4107
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Jul 15, 2022
Sold by
Gayle Beyer Mona
Bought by
Ovalle Javier and Ovalle Maureen
Seller's Agent
Jeff Petitt
LPT REALTY, LLC
Buyer's Agent
Sue Carroll
BERKSHIRE HATHAWAY HOMESERVICE
List Price
$464,500
Sold Price
$435,000
Premium/Discount to List
-$29,500
-6.35%
Current Estimated Value
$352,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$82,707
Avg. Annual Appreciation
-6.11%
Original Mortgage
$304,500
Outstanding Balance
$290,118
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$65,182

Purchase Details

Listed on
Sep 4, 2019
Closed on
Oct 29, 2019
Sold by
Ring Steve L and Ring Laura A
Bought by
Beyer Mona Gayle
Seller's Agent
Jeff Petitt
LPT REALTY, LLC
Buyer's Agent
Don Lewis
RE/MAX ALLIANCE GROUP
List Price
$235,000
Sold Price
$225,000
Premium/Discount to List
-$10,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.54%
Original Mortgage
$180,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 29, 2012
Closed on
Aug 27, 2012
Sold by
Kiess James D and Kiess Ingrid G
Bought by
Ring Steve L and Ring Laura A
Seller's Agent
Richard Capps
FINE PROPERTIES
Buyer's Agent
Richard Capps
FINE PROPERTIES
List Price
$145,000
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Original Mortgage
$101,500
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2005
Sold by
Merz Heidi E
Bought by
Kiess James D and Kiess Ingrid G

Purchase Details

Closed on
Jul 3, 2002
Sold by
Davis Claire
Bought by
Merz Heidi E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 1999
Sold by
Willever Suzanne K and Mansue Suzanne K
Bought by
Davis Claire

Purchase Details

Closed on
Nov 12, 1993
Sold by
Merrill Bros Dev Corp
Bought by
Mansue Suzanne K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
6.97%
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 Type Sale Price Title Company
Warranty Deed $435,000 Barnes Walker Title
Warranty Deed $225,000 Alliance Group Title Llc
Warranty Deed $145,000 Alliance Group Title Llc
Warranty Deed -- Prestige Title Services Inc
Warranty Deed $152,000 --
Warranty Deed $108,000 --
Deed $92,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $304,500 New Conventional
Previous Owner $180,000 New Conventional
Previous Owner $101,500 New Conventional
Previous Owner $121,600 Purchase Money Mortgage
Previous Owner $73,600 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $435,000 -6.4% $331 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $464,500 +106.4% $354 / Sq Ft
10/29/2019 10/29/19 Sold $225,000 -4.3% $153 / Sq Ft
09/09/2019 09/09/19 Pending -- -- --
09/02/2019 09/02/19 For Sale $235,000 +62.1% $160 / Sq Ft
08/27/2012 08/27/12 Sold $145,000 0.0% $98 / Sq Ft
05/10/2012 05/10/12 Pending -- -- --
03/29/2012 03/29/12 For Sale $145,000 -- $98 / 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 $2,154 $172,465 -- --
2024 $2,154 $167,604 -- --
2023 $2,105 $162,722 $0 $0
2022 $3,716 $257,283 $50,000 $207,283
2021 $3,073 $190,221 $50,000 $140,221
2020 $3,132 $185,147 $50,000 $135,147
2019 $3,201 $192,677 $61,000 $131,677
2018 $2,927 $171,514 $46,000 $125,514
2017 $2,507 $150,752 $0 $0
2016 $2,473 $148,577 $0 $0
2015 $2,089 $141,302 $0 $0
2014 $2,089 $118,744 $0 $0
2013 $2,023 $115,448 $26,816 $88,632
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4445196

Stellar MLS

APN: 51828-7305-8