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Sold for $322,624
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    • $322,624

    5218 LAKE ARROWHEAD TRAIL #28A, SARASOTA, FL 34231

    3beds
    1,778sqft
    Condominium
    Built in 1983
    -- sqft lot
    $321,000 Zestimate®
    $181/sqft
    $2,603 Estimated rent

    Home value

    $321,000

    $292,000 - $353,000

    $2,603/mo

    Zestimate® history
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    What's special

    Modern eleganceSoft powder sugar sandFreshly painted wallsCoastal livingNatural beautyModern luxuryLush landscapes
    Welcome to your tranquil oasis nestled in the heart of Sarasota! This exquisite three-bedroom, three-bathroom home offers an unparalleled sense of privacy and serenity in a coliving environment, ensuring each occupant has their own personal haven for rest and relaxation. As you step inside, you're greeted by an atmosphere of modern elegance, with brand new flooring, 2023 roof and freshly painted walls enhancing the bright and airy ambiance. The layout is thoughtfully designed to provide distinct living spaces, allowing each resident to enjoy their own area of the home in peace and quiet. The bedrooms boast stunning views of the surrounding nature and water, offering a picturesque backdrop for moments of contemplation and rejuvenation. Whether you're admiring the lush greenery or gazing out over the tranquil waters, each room provides a unique vantage point to connect with the beauty of the outdoors. Outside, the community amenities beckon you to unwind and socialize. Spend leisurely afternoons lounging by the sparkling pool, or take a stroll along the dock to soak in the serene waterfront vistas. The clubhouse offers a welcoming space for gatherings and entertainment, providing opportunities to connect with neighbors and friends. Adjacent to the property lies the captivating Red Bug Slough Park, inviting you to explore its winding trails and lush landscapes. Immerse yourself in nature, breathe in the fresh air, and feel the rejuvenating effects on your health and well-being. When you're ready for a beach day, check out the pristine shores of Sarasota. Sink your toes into the cool, soft powder sugar sand and immerse yourself in the crystal-clear waters of the Gulf. Experience the ultimate in coastal living, where every day feels like a vacation. Don't miss your chance to experience the perfect blend of modern luxury and natural beauty in this exceptional Sarasota home. Schedule your showing today and discover your own slice of paradise!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jessica Peterson 970-222-2891,

    EXP REALTY LLC 888-883-8509

    Bought with:

    Jonna Dean, 3357386

    ERA ADVANTAGE REALTY, INC.

    Source: Stellar MLS,MLS#: A4603975MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Features: Built-in Closet
    • Level: First
    • Dimensions: 17x15
    Bedroom 2
    • Features: Built-in Closet
    • Level: Second
    • Dimensions: 17x15
    Bedroom 3
    • Features: Built-in Closet
    • Level: First
    • Dimensions: 15x13
    Balcony porch lanai
    • Level: First
    • Dimensions: 13x9
    Kitchen
    • Level: First
    • Dimensions: 11x9
    Living room
    • Level: First
    • Dimensions: 21x16
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Range, Refrigerator
    • Laundry: Inside, Laundry Closet
    Features
    • Cathedral Ceiling(s), Ceiling Fan(s)
    • Flooring: Carpet, Tile, Vinyl
    • Doors: Sliding Doors
    • Has fireplace: No
    • Common walls with other units/homes: End Unit
    Interior area
    • Total structure area: 2,031
    • Total interior livable area: 1,778 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Carport
    • Carport spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Enclosed
    • Has view: Yes
    • View description: Water, Pond
    • Has water view: Yes
    • Water view: Water,Pond
    • Waterfront features: Lake, Waterfront, Pond, Fishing Pier
    Lot
    • Features: Landscaped
    • Residential vegetation: Mature Landscaping
    Details
    • Parcel number: 0088011056
    • Zoning: RMF2
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • HardiPlank Type
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1983

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected

    Community & HOA

    Community
    • Features: Fishing, Lake, Waterfront, Association Recreation - Owned, Buyer Approval Required, Clubhouse, Deed Restrictions, No Truck/RV/Motorcycle Parking, Pool
    • Pet fee: $0 monthly
    • Subdivision: LAKE ARROWHEAD
    HOA
    • Has HOA: Yes
    • Amenities included: Pool
    • Services included: Cable TV, Common Area Taxes, Community Pool, Reserve Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Private Road, Recreational Facilities, Trash
    • HOA fee: $496 monthly
    • HOA name: James
    • HOA phone: 941-378-0260
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $181/sqft
    • Tax assessed value: $247,700
    • Annual tax amount: $3,357
    • Date on market: 3/19/2024
    • Cumulative days on market: 47 days
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    • Total actual rent: 0
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    6/4/2024Sold$322,624-5.1%$181/sqft
    Source: Stellar MLS #A4603975 Report a problem
    5/6/2024Pending sale$340,000$191/sqft
    Source: Stellar MLS #A4603975 Report a problem
    5/2/2024Price change$340,000-2.9%$191/sqft
    Source: Stellar MLS #A4603975 Report a problem
    4/12/2024Price change$350,000-4.1%$197/sqft
    Source: Stellar MLS #A4603975 Report a problem
    3/19/2024Listed for sale$365,000+41.5%$205/sqft
    Source: Stellar MLS #A4603975 Report a problem
    2/5/2024Sold$258,000-4.1%$145/sqft
    Source: Stellar MLS #A4570566 Report a problem
    1/12/2024Pending sale$269,000$151/sqft
    Source: Stellar MLS #A4570566 Report a problem
    11/8/2023Price change$269,000-3.6%$151/sqft
    Source: Stellar MLS #A4570566 Report a problem
    10/30/2023Price change$279,000-3.5%$157/sqft
    Source: Stellar MLS #A4570566 Report a problem
    10/16/2023Price change$289,000-3.3%$163/sqft
    Source: Stellar MLS #A4570566 Report a problem
    10/9/2023Price change$299,000-3.2%$168/sqft
    Source: Stellar MLS #A4570566 Report a problem
    10/5/2023Price change$309,000-3.4%$174/sqft
    Source: Stellar MLS #A4570566 Report a problem
    9/25/2023Price change$319,900-3%$180/sqft
    Source: Stellar MLS #A4570566 Report a problem
    8/7/2023Price change$329,900-2.9%$186/sqft
    Source: Stellar MLS #A4570566 Report a problem
    7/12/2023Price change$339,900-2.9%$191/sqft
    Source: Stellar MLS #A4570566 Report a problem
    6/14/2023Price change$349,900-6.7%$197/sqft
    Source: Stellar MLS #A4570566 Report a problem
    5/15/2023Listed for sale$375,000+57.9%$211/sqft
    Source: Stellar MLS #A4570566 Report a problem
    8/19/2015Sold$237,500-5%$134/sqft
    Source: Public Record Report a problem
    5/30/2015Price change$250,000-2%$141/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    4/28/2015Price change$255,000-8.9%$143/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    3/26/2015Listed for sale$280,000+34.9%$157/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    4/29/2014Sold$207,500+82%$117/sqft
    Source: Public Record Report a problem
    5/24/1996Sold$114,000$64/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,137 -15.4%$245,322 +1.1%
    2024$3,708 +3.5%$242,641 +10%
    2023$3,584 +6.7%$220,583 +10%
    2022$3,358 +23.3%$200,530 +10%
    2021$2,724 +2.4%$182,300 +4.5%
    2020$2,659 -0.6%$174,500 -2.5%
    2019$2,674 $178,900 +5.2%
    2018$2,674 +5.1%$170,100 +0.4%
    2017$2,545 -3.1%$169,500 -10%
    2016$2,627 $188,300 +15.2%
    2015$2,627 +80.8%$163,400 +51%
    2014$1,453 +0.3%$108,231
    2013$1,449 +2.6%$108,231 +1.7%
    2012$1,412 +4.3%$106,422 +3%
    2011$1,354 -1.4%$103,322 +1.5%
    2010$1,374 +6.4%$101,795 +2.7%
    2009$1,291 $99,119 +0.1%
    2008$1,291 -7.7%$99,020 +3%
    2007$1,398 $96,136 +2.5%
    2006-- $93,791 +3%
    2005-- $91,059 +3%
    2004$1,415 +2.4%$88,407 +1.9%
    2003$1,381 -2.5%$86,759 +2.4%
    2002$1,416 +2.8%$84,726 +1.6%
    2001$1,377 +4.4%$83,392 +3%
    2000$1,319 $80,963
    Find assessor info on the county website

    Neighborhood: Gulf Gate Estates

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    Estimated market value
    $321,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $321,000

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