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Sold for $302,000
    • $302,000

    5227 LAKE VILLAGE DRIVE #25, SARASOTA, FL 34235

    2beds
    1,065sqft
    Condominium
    Built in 1983
    -- sqft lot
    $260,900 Zestimate®
    $284/sqft
    $-- Estimated rent

    Home value

    $260,900

    $243,000 - $279,000

    Not available

    Zestimate® history
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    What's special

    PRICE REDUCTION!!! FIRST FLOOR, END UNIT, LAKE VIEW, TURN-KEY FURNISHED, smoke-free, 2 bed/ 2 attached bath, 1060 sq.ft. condo, located in Sarasota’s desirable community, The Meadows. This updated and bright end unit offers privacy and ease. The lanai and primary bedroom look out to a beautiful lake with serene sunset views and frequent roaming wildlife. Remodeled white kitchen with soft close shaker cabinets and drawers, granite countertops, brand new HVAC system installed 2021, new microwave and dishwasher 2021, new refrigerator 2023. Newer laminate hardwood flooring, washer/dryer, bathroom vanities, light fixtures, toilets and paint throughout. Other improvements made in 2021 or after include brand new doorknobs on all doors, lanai ceiling fan installed 2022, handheld shower head in primary, safety bar with both showers, upgraded lanai door handle installed, 10-year carbon monoxide/fire detectors installed 2023, new light fixtures in kitchen, dining and bathrooms. Unit is offered turn-key furnished, excluding mattresses and some minor decor. All furniture and decor is 3 years old or less, tastefully coordinated in a subtle costal style and is in excellent condition. Assigned parking spot in front of unit with additional guest spots. Large, heated pool a short walk away. A wonderful place to live or rent. Exceptional rental capability with off season rates fetching $2300 and high season rates $3800

    Zillow last checked:

    Listing updated:

    Listed by:

    Kenneth Cowles 941-954-4443,

    REALTY SERVICES INC 941-954-4443,

    Robert Cowles 941-302-4150,

    REALTY SERVICES INC

    Bought with:

    Kenneth Cowles, 0395811

    REALTY SERVICES INC

    Kenneth Colley

    RE/MAX PREMIER REALTY

    Source: Stellar MLS,MLS#: A4609022MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Utility Room
    Primary bedroom
    • Features: Built-in Closet
    • Level: First
    • Dimensions: 13x12
    Bedroom 2
    • Features: Built-in Closet
    • Level: First
    • Dimensions: 11x11
    Great room
    • Level: First
    • Dimensions: 17x14
    Kitchen
    • Level: First
    • Dimensions: 10x8
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
    • Laundry: Inside, Laundry Closet
    Features
    • Living Room/Dining Room Combo, Solid Surface Counters, Split Bedroom
    • Flooring: Vinyl
    • Doors: Sliding Doors
    • Windows: Blinds, Window Treatments
    • Has fireplace: No
    • Common walls with other units/homes: Corner Unit,End Unit
    Interior area
    • Total structure area: 1,178
    • Total interior livable area: 1,065 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Has view: Yes
    • View description: Water
    • Water view: Water
    Lot
    • Features: In County, Landscaped
    Details
    • Parcel number: 0034081025
    • Zoning: RSF2
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Block, Stucco
    • Foundation: Slab
    • Roof: Tile
    Condition
    • Completed
    • New construction: No
    • Year built: 1983

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Buyer Approval Required, Clubhouse, Deed Restrictions, Dog Park, Fitness Center, Golf, No Truck/RV/Motorcycle Parking, Park, Playground, Pool, Restaurant, Sidewalks
    • Pet fee: $0 monthly
    • Subdivision: VILLAGE LAKE
    HOA
    • Has HOA: Yes
    • Amenities included: Basketball Court, Cable TV, Clubhouse, Fitness Center, Golf Course, Maintenance, Park, Pickleball Court(s), Playground, Pool, Recreation Facilities, Security, Storage, Tennis Court(s), Trail(s), Vehicle Restrictions
    • Services included: Community Pool, Reserve Fund, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pool Maintenance, Private Road
    • HOA fee: $405 monthly
    • HOA name: Capstone Management
    • HOA phone: 941-554-8838
    • Second HOA name: The Meadows
    • Second HOA phone: 941-377-2300
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $284/sqft
    • Tax assessed value: $235,300
    • Annual tax amount: $3,405
    • Date on market: 5/1/2024
    • Cumulative days on market: 108 days
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved, Asphalt

    Price history

    DateEventPrice
    9/6/2024Sold$302,000-4.1%$284/sqft
    Source: Stellar MLS #A4609022 Report a problem
    8/19/2024Pending sale$315,000$296/sqft
    Source: Stellar MLS #A4609022 Report a problem
    7/17/2024Price change$315,000-3.3%$296/sqft
    Source: Stellar MLS #A4609022 Report a problem
    5/1/2024Listed for sale$325,900+68.1%$306/sqft
    Source: Stellar MLS #A4609022 Report a problem
    4/9/2021Sold$193,900+45.8%$182/sqft
    Source: Public Record Report a problem
    1/31/2017Sold$133,000$125/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,245 -6.2%$235,300 -8.4%
    2024$3,459 +1.6%$256,900 +4.2%
    2023$3,405 +11.9%$246,510 +10%
    2022$3,044 +45%$224,100 +60%
    2021$2,099 +1.7%$140,100 +3.4%
    2020$2,064 +2.2%$135,500 +0.5%
    2019$2,020 $134,800 -4.9%
    2018$2,020 -3.2%$141,800 +12.6%
    2017$2,087 +8.5%$125,913 +0.3%
    2016$1,923 +10.8%$125,500 +16.2%
    2015$1,736 +6%$108,000 +25.6%
    2014$1,637 +9.9%$86,000
    2013$1,490 -3.3%$86,000 -5.2%
    2012$1,540 +1.4%$90,700
    2011$1,519 -6.8%$90,700 -5.1%
    2010$1,631 -28.6%$95,600 -15.8%
    2009$2,283 $113,500 -26.2%
    2008$2,283 -8.5%$153,700 -9.3%
    2007$2,495 $169,500 +9%
    2006-- $155,500 +22.5%
    2005-- $126,941 +24.9%
    2004$1,831 +5.9%$101,658 +11%
    2003$1,728 +3%$91,584 +6%
    2002$1,677 +23.5%$86,400 +22%
    2001$1,359 +2.9%$70,816 +3%
    2000$1,321 $68,753
    Find assessor info on the county website

    Neighborhood: The Meadows

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Gocio Elementary
    • Middle: Booker Middle
    • High: Booker High

    Source: Stellar 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
    $260,900
    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
    $260,900

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