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Sold for $195,000
  • $195,000

    5255 LAKE VILLAGE DRIVE #40, SARASOTA, FL 34235

    2beds
    1,065sqft
    Condominium
    Built in 1983
    -- sqft lot
    $189,500 Zestimate®
    $183/sqft
    $2,303 Estimated rent

    Home value

    $189,500

    $172,000 - $210,000

    $2,303/mo

    Zestimate® history
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    What's special

    Peaceful greenbelt viewsQuiet tucked-away cul-de-sacBright and airy ambianceSpacious screened-in lanaiWalls of slidersInterior laundry roomTranquil green belt setting
    Second floor, with no one above you, two-bedroom, two-bath condominium in prime location! A quiet, tucked-away cul-de-sac welcomes you to this spotless retreat in the heart of The Meadows, a 1,650-acre park-like oasis in a thriving location. Inside, you'll love the bright and airy ambiance, enhanced by walls of sliders that invite natural light and peaceful greenbelt views. Easy-care tile and laminate floors flow throughout with no carpet anywhere! The spacious screened-in lanai is ideal for morning coffee, unwinding with a good book or simply soaking in the serene surroundings. The primary suite pampers you with dual closets and a walk-in shower. All with an interior laundry room, a tranquil green belt setting, a block to the heated community pool and near all the fun The Meadows has to offer. The Meadows, 1,600 park-like acres in a thriving location, is a resort lifestyle community 15 minutes from downtown. Residents enjoy 14 miles of trails, fun activities, fitness center, Junior Olympic pool, 10 pickleball courts, dining venues plus pay-to-play in a top-notch tennis complex. You’ll live near award-winning beaches, remarkable arts and culture, Nathan Benderson Park, Mote SEA Aquarium, Whole Foods, Trader Joe’s and The Mall at University Town Center, a world-class shopping, entertainment and dining destination. A fabulous Florida lifestyle awaits. A 2025 air-conditioning system, 2002 tile roof, interior laundry room and above flood plain in zone X.

    Zillow last checked:

    Listing updated:

    Listed by:

    Fernando Viteri, PA 941-400-7676,

    PREMIER SOTHEBY'S INTERNATIONAL REALTY 941-364-4000

    Bought with:

    Fernando Viteri, PA, 3089222

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    Source: Stellar MLS,MLS#: A4654936MLS 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: Second
    • Area: 187 Square Feet
    • Dimensions: 11x17
    Bedroom 2
    • Features: Built-in Closet
    • Level: Second
    • Area: 132 Square Feet
    • Dimensions: 11x12
    Balcony porch lanai
    • Level: Second
    • Area: 104 Square Feet
    • Dimensions: 8x13
    Great room
    • Level: Second
    • Area: 273 Square Feet
    • Dimensions: 13x21
    Kitchen
    • Level: Second
    • Area: 108 Square Feet
    • Dimensions: 9x12
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
    • Laundry: Inside
    Features
    • Ceiling Fan(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Split Bedroom
    • Flooring: Laminate, Tile
    • Doors: Sliding Doors
    • Has fireplace: No
    Interior area
    • Total structure area: 1,178
    • Total interior livable area: 1,065 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Balcony, Irrigation System, Lighting
    • Has view: Yes
    • View description: Garden, Park/Greenbelt
    Lot
    • Features: Above Flood Plain
    Details
    • Parcel number: 0034081040
    • Zoning: RSF2
    • Special conditions: None

    Construction

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

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Community Mailbox, Deed Restrictions, Dog Park, Fitness Center, No Truck/RV/Motorcycle Parking, Park, Playground, Pool, Sidewalks, Tennis Court(s)
    • Pet fee: $0 monthly
    • Subdivision: VILLAGE LAKE
    HOA
    • Has HOA: No
    • Amenities included: Basketball Court, Fitness Center, Golf Course, Maintenance, Optional Additional Fees, Park, Pickleball Court(s), Playground, Pool, Recreation Facilities, Security, Spa/Hot Tub, Storage, Tennis Court(s), Trail(s), Vehicle Restrictions
    • Services included: Community Pool, Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Private Road, Recreational Facilities, Security
    • HOA fee: $380 monthly
    • Second HOA name: MCA - Meadows Community Association
    • Second HOA phone: 941-377-2300
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $183/sqft
    • Tax assessed value: $211,700
    • Annual tax amount: $2,842
    • Date on market: 7/1/2025
    • Cumulative days on market: 52 days
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    • Total actual rent: 0
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    9/18/2025Sold$195,000-11%$183/sqft
    Source: Stellar MLS #A4654936 Report a problem
    8/22/2025Pending sale$219,000$206/sqft
    Source: Stellar MLS #A4654936 Report a problem
    8/21/2025Price change$219,000-4.4%$206/sqft
    Source: Stellar MLS #A4654936 Report a problem
    8/6/2025Price change$229,000-4.2%$215/sqft
    Source: Stellar MLS #A4654936 Report a problem
    7/1/2025Listed for sale$239,000+83.8%$224/sqft
    Source: Stellar MLS #A4654936 Report a problem
    7/27/2019Listing removed$1,300$1/sqft
    Source: REALTY SERVICES INC #A4435423 Report a problem
    6/17/2019Price change$1,300-7.1%$1/sqft
    Source: REALTY SERVICES INC #A4435423 Report a problem
    5/8/2019Listed for rent$1,400+12%$1/sqft
    Source: REALTY SERVICES INC #A4435423 Report a problem
    9/21/2016Listing removed$1,250+4.2%$1/sqft
    Source: REALTY SERVICES INC #A4163846 Report a problem
    2/26/2015Listing removed$1,200$1/sqft
    Source: REALTY SERVICES INC (281502426) #A4112492 Report a problem
    1/25/2015Listed for rent$1,200+9.1%$1/sqft
    Source: Point2 #A4112492 Report a problem
    4/8/2014Listing removed$1,100$1/sqft
    Source: REALTY SERVICES INC #A3990924 Report a problem
    1/17/2014Listed for rent$1,100$1/sqft
    Source: REALTY SERVICES INC #A3990924 Report a problem
    12/16/2013Sold$130,000$122/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,846 +0.1%$187,844 +10%
    2024$2,842 +2.2%$170,767 +10%
    2023$2,782 +15.8%$155,243 +10%
    2022$2,403 +22.9%$141,130 +10%
    2021$1,955 +5.5%$128,300 +8.3%
    2020$1,853 +2.7%$118,500 +0.9%
    2019$1,804 $117,400 -7.3%
    2018$1,804 -4%$126,700 +0.5%
    2017$1,880 +9.2%$126,100 +1.9%
    2016$1,722 $123,700 +17.5%
    2015$1,722 +2.9%$105,300 +27.8%
    2014$1,674 +73.7%$82,404
    2013$964 +2.9%$82,404 +1.7%
    2012$937 +4.8%$81,027 +3%
    2011$894 -1.3%$78,667 +1.5%
    2010$905 +6.8%$77,504 +2.7%
    2009$848 $75,466 +0.1%
    2008$848 -11.9%$75,391 +3%
    2007$962 $73,195 +2.5%
    2006-- $71,410 +3%
    2005-- $69,330 +3%
    2004$961 -0.2%$67,311 +1.9%
    2003$963 -1.9%$66,056 +2.4%
    2002$982 +8.5%$64,508 +1.6%
    2001$904 +4.3%$63,492 +3%
    2000$867 $61,643
    Find assessor info on the county website

    Neighborhood: The Meadows

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $189,500
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    Estimated market value
    $189,500