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5228 Sand Lake Court

5228 Sand Lake Court, Sarasota, FL 34238
Property in Silver Oak
Sold Jul 03, 2014
$795,000
$550,000 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2044
Sold Dec 05, 2005
$1,295,000
$971,250 by Iltis Lending Group
Mortgage Due Jan 01, 2036
5228 Sand Lake Court in Sarasota, FL was first built in 2004 and is 20 years old. Although, the building on the property was most recently renovated and altered in 2008. This has been categorized as a residential property type. It is a single story home. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 5228 Sand Lake Court has 3,253 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 22,049 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a hip style roof made of concrete. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 802 sqft. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5228 Sand Lake Court was last sold in Jul 2, 2014 for $795,000. According to our calculations, that's $196.05 per sqft. Prior to that sales transaction, the property was sold for $1,295,000 in Dec 2, 2005. Current property owners are expected to pay $8,631 in taxes per year. The property on 5228 Sand Lake Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $716,465. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Masonry
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 802
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 22,049
  • Total Building Area: 4,055
  • Gross Building Area: 4,055
  • Building Area: 3,253
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,253
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SILVER OAK UNIT 2B
  • Land Acres: 0.506
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 65 SILVER OAK UNIT 2B

Ownership

  • Current Owner : GORMAN PETER J
  • Current Owner 2: GORMAN CATHERINE A
  • Previous Owner : MACKENZIE DOUGLAS
  • Previous Owner 2: MACKENZIE GWENDOLYN M
  • Owner Before Previous Owner: PFADENHAUER PAUL F
  • Owner Before Previous Owner 2: SIBBERNS WILLIAM N
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: A055 F052 G054
  • Census Tract: 002014

Zoning

  • Zoning: RSF1

Geography

  • Assessors Map Reference: 29D
  • Account Number: 0137040011
  • Subdivision Tract Number: 2850
  • Parcel: 0137-04-0011
  • Lot: 65
  • Meridian: SEC 36 TWN 37S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2163
  • Longitude: -82.4624

    Address

  • Full Address: 5228 Sand Lake Ct
  • Legal Unit: 2B
  • Address - House Number: 5228
  • Address - Street Name: Sand Lake
  • Address - Suffix Type: Ct
  • State: FL
  • City Name: Sarasota
  • Carrier Code: R046
  • 4-Digit Zip Code: 4005
  • Zip Code: 34238

Valuation

    Tax

  • Total Area: 4,516
  • Tax Year: 2023
  • Tax Amount: $8,631
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.1882
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 75
  • Final Value: 1,487,788
  • High Value: 1,767,861
  • Low Value: 1,207,716

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $550,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jul 03, 2014
  • First Open Lien Mortgage Loan Amount: $550,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2044

    Market Valuation

  • Market Total Value: $1,293,700
  • Market Land Value: $337,100
  • Market Improvement Value: $956,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $716,465

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 02, 2014
  • Current Sale Recording Date: Jul 03, 2014
  • Current Sale Transaction ID: 1110056180
  • Current Sale Price: $795,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2014079184
  • Previous Sale Recording Date: Dec 05, 2005
  • Previous Sale Contract Date: Dec 02, 2005
  • Previous Sale Amount: $1,295,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jul 03, 2014
  • First Mortgage Loan Amount: $550,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2044

    Previous Mortgages

  • Previous Mortgage Lender: ILTIS LENDING GROUP
  • Previous Mortgage Transaction Date: Dec 05, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $971,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jan 01, 2036

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Frequently Asked Questions

What neighborhood is 5228 Sand Lake Court located in?
The 5228 Sand Lake Court is a located in the neighborhood of Silver Oak in Palmer Ranch, Sarasota.
What is the average sales price for listings in 5228 Sand Lake Court?
The average sales price for units in 5228 Sand Lake Court is $0 currently.

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