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Sold for $385,000
  • $385,000

    5581 SALEM SQUARE DRIVE S, PALM HARBOR, FL 34685

    2beds
    1,659sqft
    Villa
    Built in 1992
    4,922 Square Feet Lot
    $375,700 Zestimate®
    $232/sqft
    $2,626 Estimated rent

    Home value

    $375,700

    $338,000 - $417,000

    $2,626/mo

    Zestimate® history
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    What's special

    Discover the perfect blend of comfort and convenience in this meticulously maintained 2-bedroom + den, 2-bathroom, maintenance free villa with a 2-car garage, located in the highly sought-after Salem Square subdivision of Ridgemoor in the East Lake corridor. This home features an expanded kitchen designed for both style and function, complete with updated stainless-steel appliances, granite countertops, a center island with additional storage and barstool seating—perfect for entertaining and the at home chef. Enjoy meals in the spacious dining room and extend your living space outdoors with the extended lanai, ideal for Florida evenings or enjoying your morning coffee. A centrally located atrium fills the home with natural light, creating a warm and inviting ambiance. The split-bedroom floor plan offers privacy, with the en-suite master bedroom serving as a relaxing retreat with a large soaker tub, separate shower and spacious walk-in closet. You have access to the lanai from the master as well. Additional conveniences include an inside laundry room with a laundry tub for added functionality. Plenty of closets for storage and an attached 2 car garage. Located in a maintenance-free community, you’ll enjoy the benefits of carefree living in the desirable Salem Square neighborhood, complete with proximity to East Lake’s top-rated schools, shopping, and dining. Ridgemoor Master Association: Salem Square is a gated community, offering a prime location for outdoor activities including the Pinellas Trail and a short distance to John Chesnut Park with boat launch for access to Lake Tarpon. Enjoy the gleaming community pool just steps away from this home. Ridgemoor Master association has a playground, basketball and tennis courts and plenty of sidewalks for your open-air enjoyment. Schedule your private showing today and make this villa your dream home! Due to angles, room sizes are approximate and should be confirmed by buyer.

    Zillow last checked:

    Listing updated:

    Listed by:

    Odette Godin 727-789-5555,

    RE/MAX REALTEC GROUP INC 727-789-5555

    Bought with:

    Ray Mullins, 3434083

    FLORIDA HOMES REALTY & MORTGAGE

    Source: Stellar MLS,MLS#: TB8339810MLS LogoOriginating MLS: Suncoast Tampa

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Den/Library/Office, Dining Room, Living Room, Utility Room
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: First
    • Area: 168 Square Feet
    • Dimensions: 14x12
    Bedroom 2
    • Features: Built-in Closet
    • Level: First
    • Area: 209 Square Feet
    • Dimensions: 11x19
    Den
    • Level: First
    • Area: 140 Square Feet
    • Dimensions: 14x10
    Dining room
    • Level: First
    • Area: 130 Square Feet
    • Dimensions: 13x10
    Kitchen
    • Level: Basement
    • Area: 168 Square Feet
    • Dimensions: 14x12
    Laundry
    • Level: First
    • Area: 30 Square Feet
    • Dimensions: 6x5
    Living room
    • Level: First
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator, Washer
    • Laundry: Inside, Laundry Room
    Features
    • Cathedral Ceiling(s), Ceiling Fan(s), Eating Space In Kitchen, Solid Surface Counters, Split Bedroom, Walk-In Closet(s)
    • Flooring: Carpet, Tile, Hardwood
    • Windows: Window Treatments
    • Has fireplace: No
    • Common walls with other units/homes: Corner Unit
    Interior area
    • Total structure area: 1,659
    • Total interior livable area: 1,659 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    • Details: Garage Dimensions: 20x15
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Enclosed, Screened
    • Exterior features: Irrigation System, Private Mailbox, Sidewalk
    Lot
    • Size: 4,922 Square Feet
    • Features: In County, Sidewalk
    Details
    • Parcel number: 262716784700000740
    • Zoning: RPD-2.5_1.0
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Villa
    Materials
    • Block, Stucco
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1992

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: None
    • Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Deed Restrictions, Gated Community - No Guard, Pool, Sidewalks
    • Pet fee: $0 monthly
    • Subdivision: SALEM SQUARE
    HOA
    • Has HOA: Yes
    • Amenities included: Basketball Court, Gated, Park, Playground, Tennis Court(s)
    • Services included: Cable TV, Community Pool, Reserve Fund, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Private Road
    • HOA fee: $507 monthly
    • HOA name: Melrose Management
    • HOA phone: 727-787-3461
    • Second HOA name: Harbeck Hospitality Mgmt
    • Second HOA phone: 844-944-0345
    Location
    • Region: Palm Harbor

    Financial & listing details

    • Price per square foot: $232/sqft
    • Tax assessed value: $330,414
    • Annual tax amount: $2,496
    • Date on market: 1/23/2025
    • Cumulative days on market: 135 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved, Asphalt

    Price history

    DateEventPrice
    7/9/2025Sold$385,000-1.3%$232/sqft
    Source: Stellar MLS #TB8339810 Report a problem
    6/7/2025Pending sale$390,000$235/sqft
    Source: Stellar MLS #TB8339810 Report a problem
    5/27/2025Price change$390,000-7.1%$235/sqft
    Source: Stellar MLS #TB8339810 Report a problem
    4/10/2025Price change$420,000-2.3%$253/sqft
    Source: Stellar MLS #TB8339810 Report a problem
    1/23/2025Listed for sale$430,000+120.5%$259/sqft
    Source: Stellar MLS #TB8339810 Report a problem
    6/21/2013Sold$195,000-2%$118/sqft
    Source: Public Record Report a problem
    5/1/2013Listed for sale$199,000+4.8%$120/sqft
    Source: Coldwell Banker Residential Real Estate - Palm Harbor #U7580551 Report a problem
    3/15/2010Sold$189,900+11.7%$114/sqft
    Source: Public Record Report a problem
    8/28/2002Sold$170,000+6.9%$102/sqft
    Source: Public Record Report a problem
    3/26/2001Sold$159,000+5.3%$96/sqft
    Source: Public Record Report a problem
    6/14/2000Sold$151,000+13.5%$91/sqft
    Source: Public Record Report a problem
    3/12/1999Sold$133,000$80/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,655 +6.3%$186,406 +2.9%
    2024$2,497 +2.4%$181,153 +3%
    2023$2,438 +0%$175,877 +3%
    2022$2,438 -0.7%$170,754 +3%
    2021$2,457 +0.4%$165,781 +1.4%
    2020$2,446 +2%$163,492 +2.3%
    2019$2,398 $159,816 +1.9%
    2018$2,398 +1.6%$156,836 +2.1%
    2017$2,361 +2.1%$153,610 +2.1%
    2016$2,311 -1.5%$150,451 +0.7%
    2015$2,346 +0.6%$149,405 +0.8%
    2014$2,332 +21.2%$148,219 +10.3%
    2013$1,923 +7.2%$134,427 +1.7%
    2012$1,794 $132,180 -4.8%
    2011-- $138,819 +3.4%
    2010-- $134,217 -15.3%
    2009-- $158,555 -0.7%
    2008$2,339 $159,634 +3%
    2007-- $154,984 -4.7%
    2005-- $162,600 +6.5%
    2004$2,542 +1.9%$152,700 +9.1%
    2003$2,494 +25.1%$139,900 +6.7%
    2002$1,993 $131,100 +11.2%
    2001$1,993 +8.1%$117,900 +4%
    2000$1,844 $113,400
    Find assessor info on the county website

    Neighborhood: 34685

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Cypress Woods Elementary-PN
    • Middle: Carwise Middle-PN
    • High: East Lake High-PN

    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
    $375,700
    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
    $375,700