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Sold for $620,000
  • $620,000

    505 Sally Lee Dr, Ellenton, FL 34222

    2beds
    1,375sqft
    SingleFamily
    Built in 1992
    0.32 Acres Lot
    $616,500 Zestimate®
    $451/sqft
    $2,711 Estimated rent

    Home value

    $616,500

    $567,000 - $666,000

    $2,711/mo

    Zestimate® history
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    $2,711/mo

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    $4,052/mo

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    $4,052/mo

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    What's special

    Center islandWrap around porchLarge pantryHigher level granite counter-topsWaterfront homeOpen flowing floor planCurb appeal
    Looking for curb appeal? This home has every bit of it! Surprisingly spacious Key West home. Has an open flowing floor plan that makes you feel like you're in a much larger home! You'll have to feel it to believe it. This waterfront home is located on Ibis Island, a cul-de-sac with only 6 other executive homes nestled within a community called Highland Shores. The kitchen is light & bright with a center island, higher level granite counter-tops, wood cabinets, stainless steel upgraded appliances and a large pantry. The 16' vaulted ceilings. The warm and cozy fireplace add's some wow factor when you enter the front door enhanced with marble & brick. There are 3 sets of french sliding doors that open to the wrap around porch. Widows Watch gives the home a lighthouse effect at night and lets natural light in by day! A very special home. Location, Location, Location!!! 30 minutes to Anna Maria island by boat and 30 minutes to St. Pete or Sarasota by car. Maybe a boat is in your future? just dock it in your backyard! The dock had previous electric & water but needs TLC. Picture yourself in your rocker enjoying views from anywhere on the wraparound porch sipping on your favorite beverage.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Heat pump, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Refrigerator, Washer
    Features
    • Flooring: Hardwood
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,375 sqft

    Property

    Parking
    • Parking features: Off-street, On-street
    Features
    • Exterior features: Wood
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.32 Acres
    Details
    • Parcel number: 1036600151

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Frame
    • Roof: Shake / Shingle
    Condition
    • Year built: 1992

    Community & HOA

    Location
    • Region: Ellenton

    Financial & listing details

    • Price per square foot: $451/sqft
    • Tax assessed value: $417,757
    • Annual tax amount: $6,034

    Price history

    DateEventPrice
    2/25/2026Sold$620,000-1.6%$451/sqft
    Source: Public Record Report a problem
    2/8/2026Pending sale$630,000$458/sqft
    Source: Owner Report a problem
    1/24/2026Listed for sale$630,000-3.1%$458/sqft
    Source: Owner Report a problem
    1/5/2026Listing removed$649,900$473/sqft
    Source: Stellar MLS #TB8433762 Report a problem
    12/7/2025Price change$649,900-0.8%$473/sqft
    Source: Stellar MLS #TB8433762 Report a problem
    11/30/2025Price change$655,000-3%$476/sqft
    Source: Stellar MLS #TB8433762 Report a problem
    11/16/2025Price change$675,000-3.3%$491/sqft
    Source: Stellar MLS #TB8433762 Report a problem
    11/5/2025Price change$698,000-0.1%$508/sqft
    Source: Stellar MLS #TB8433762 Report a problem
    10/2/2025Listed for sale$699,000$508/sqft
    Source: Stellar MLS #TB8433762 Report a problem
    10/1/2025Listing removed$699,000$508/sqft
    Source: Stellar MLS #O6269547 Report a problem
    9/10/2025Price change$699,000-2.2%$508/sqft
    Source: Stellar MLS #O6269547 Report a problem
    7/28/2025Listed for sale$715,000-0.4%$520/sqft
    Source: Stellar MLS #O6269547 Report a problem
    7/17/2025Listing removed$718,000$522/sqft
    Source: Stellar MLS #O6269547 Report a problem
    4/26/2025Price change$718,000-0.3%$522/sqft
    Source: Stellar MLS #O6269547 Report a problem
    4/17/2025Listed for sale$720,000$524/sqft
    Source: Stellar MLS #O6269547 Report a problem
    4/8/2025Listing removed$720,000$524/sqft
    Source: Stellar MLS #O6269547 Report a problem
    1/8/2025Listed for sale$720,000+10.8%$524/sqft
    Source: Stellar MLS #O6269547 Report a problem
    8/15/2022Sold$650,000+1.7%$473/sqft
    Source: Public Record Report a problem
    7/13/2022Pending sale$638,900$465/sqft
    Source: Stellar MLS #U8169152 Report a problem
    7/7/2022Listed for sale$638,900+120.3%$465/sqft
    Source: Stellar MLS #U8169152 Report a problem
    8/3/2015Sold$290,000-9.1%$211/sqft
    Source: Public Record Report a problem
    5/19/2015Price change$319,000-8.6%$232/sqft
    Source: RE/MAX ALLIANCE GROUP #A4112955 Report a problem
    3/20/2015Price change$349,000-7.9%$254/sqft
    Source: RE/MAX ALLIANCE GROUP #A4112955 Report a problem
    1/29/2015Listed for sale$379,000+191.8%$276/sqft
    Source: RE/MAX Alliance Group #A4112955 Report a problem
    3/11/2011Sold$129,900-16.1%$94/sqft
    Source: Public Record Report a problem
    1/2/2011Listed for sale$154,900+45.6%$113/sqft
    Source: ATLANTIC & PACIFIC RE INC #R4594222 Report a problem
    8/19/2010Sold$106,400-81.8%$77/sqft
    Source: Public Record Report a problem
    6/23/2005Sold$585,000+290.5%$425/sqft
    Source: Public Record Report a problem
    3/1/1999Sold$149,800+11%$109/sqft
    Source: Public Record Report a problem
    8/8/1996Sold$135,000$98/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,034 -16.3%$417,757 -19.8%
    2024$7,212 +5.5%$520,976 +8.1%
    2023$6,834 +115.6%$481,844 +90.9%
    2022$3,170 +0%$252,411 +3%
    2021$3,169 +0.8%$245,059 +1.4%
    2020$3,143 +1.6%$241,676 +2.3%
    2019$3,092 +1%$236,242 +1.9%
    2018$3,063 $231,837 +2.1%
    2017-- $227,069 +23.4%
    2016$3,407 $183,957 -18.1%
    2015$3,407 $224,673 +3.1%
    2014$3,407 +1.5%$217,958 +3%
    2013$3,355 +335448%$211,610 +2.3%
    2012$1 $206,775 -13.1%
    2011$1 $237,953 -5.6%
    2010-- $252,030 -27.7%
    2009$5,451 -6.2%$348,626 -9.7%
    2008$5,812 -19.6%$385,901 -18.1%
    2007$7,230 +5.2%$471,276 +13.7%
    2006$6,874 +179%$414,480 +145.4%
    2005$2,464 +2%$168,887 +3%
    2004$2,415 +2.8%$163,968 +4.3%
    2002$2,348 +2.1%$157,140 +0.5%
    2001$2,300 +1.5%$156,304 +3%
    2000$2,265 $151,751
    Find assessor info on the county website

    Neighborhood: 34222

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: James Tillman Elementary
    • Middle: Lincoln Middle
    • High: Palmetto High

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $616,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $616,500