3 months on rocket

525 W Lake Dr, Sarasota, FL, 34232

$480,900

Home List Price

$5,711*

Closing Credit

3 Bedrooms
2 Full Baths
1,989 SqFt
$242/SqFt
House

Location

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525 W Lake Dr, Sarasota$480,900

Buyer Closing Credits

$5,711*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1960
HeatingElectric
CoolingCentral Air, Zoned
WaterfrontLake Front
ViewWater
MLS #A4615801
Lot Size0.34 Acres
StatusActive

About 525 W Lake Dr

Come home to beautifully appointed and light-filled lake front living in sought-after Sherwood Estates. Updated indoors and out with a welcoming landscape, fresh paint, new flooring, a new metal roof, expansive paver patio and tranquil lake views beyond, on a deep oversized lot. Featuring thoughtful attention to detail throughout, with 3 bedrooms, 2 baths and 1,989 square feet in a central location offering convenience to downtown Sarasota, beaches, shopping, dining, parks and recreation. An open flowing floor plan features walls of windows, a stunning quartz kitchen with stainless appliances and glass tile back splash, along with beautifully renovated baths offering custom stone tile and back lit mirrors. There's plenty of space to gather with family and friends in a spacious great room and dining room boasting statement lighting and a sliding barn door to access the private bedroom spaces. A new impact-resistant sliding glass door welcomes you outdoors to exceptional entertaining areas, with a generous screened lanai, fresh epoxied outdoor patio and fenced backyard. Enjoy spectacular one level living, in a great school district, with modern appointments, refined finishes and plenty of room for a pool. Rendering For Pool Design Available Upon Request

Property Details

Property Features

Property Information:

  • Architectural Style: Florida, Patio Home
  • Year Built: 1960
  • Living Area: 1,989 SqFt

Listing Office:

  • Office Name: RE/MAX PLATINUM REALTY
  • Office Phone: (941) 929-9090
  • Listing Agent: Kylie Jackson

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener
  • Flooring Type: Ceramic Tile, Tile
  • Interior: Ceiling Fans(s), Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front
  • View: Water
  • Exterior: Lighting, Rain Gutters, Storage

Parking Information:

  • Parking: Driveway

Virtual/3D Tour

  • Virtual Tour: 525 W Lake Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot: Landscaped, Oversized Lot, Paved
  • Lot Size: 0.34 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air, Zoned

School Info

Assigned Schools Information:

  • Sarasota High School, Public District Grades 9-12
  • McIntosh Middle School, Public District Grades 6-8
  • Fruitville Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: East on Bahia Vista St. Left (North) on McIntosh Rd. Right (East) on West Lake Dr. House straight at 525

Price Information

Listing Price Info

Price Summary:

  • List Price: $480,900
  • Price Per SqFt: $242/SqFt

Tax Information:

  • Annual Amount: $2,698
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sarasota, FL.

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Sarasota, FL

City

Med. Sold Price

$521.7K

Med. Price/SqFt

$307

Avg. Days On Market

67

# of Sold Homes

301

525 W Lake Dr vs Sarasota

106 DAYS ON ROCKET

+39 Days

$480,900

-$40.8K Less

$242/SqFt

-$65 Less

KEY TAKEAWAY

This property is $40.8K less than the Median Sold Price and $65/SqFt less than other homes in Sarasota, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4615801

Listing Office:

  • Office Name: RE/MAX PLATINUM REALTY
  • Office Phone: (941) 929-9090
  • Listing Agent: Kylie Jackson

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/17/2024, 11:49:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 23, 2013Home Sold
$180,500
Dec 09, 1997Home Sold
$83,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,698$214,470
2019$2,554$206,387
2018$2,395$194,887
2017$2,281$183,389

History based on county public records data.

Payment Calculator

$2,468

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,508

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-589304
6
/10

  • Fruitville Elementary School

  • 601 Honore Ave

  • 1.05 miles

  • Public District Grades PK-5

Middle School

school-card-donut-589305
5
/10

  • McIntosh Middle School

  • 701 Mcintosh Rd

  • 0.18 miles

  • Public District Grades 6-8

High School

school-card-donut-589306
5
/10

  • Sarasota High School

  • 1000 S School Ave

  • 2.95 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,472. Most Sarasota, FL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Sarasota, FL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Sarasota, FL.

Sarasota's housing market is diverse, offering a mix of single-family homes, condominiums, and townhouses that cater to a range of preferences and budgets. Architectural styles vary widely, with a notable presence of Mediterranean-inspired designs alongside modern and contemporary structures. The area has seen a steady growth in new developments, particularly in the condominium sector, which adds a modern touch to the city's skyline.

What is it like to live in Sarasota, FL?

Sarasota prides itself on its vibrant arts scene and cultural richness, with numerous galleries, theaters, and the renowned Ringling Museum of Art. The community's character is further enhanced by its proximity to pristine beaches and a variety of outdoor recreational activities, making it a desirable location for both retirees and families. Annual events like the Sarasota Film Festival and the Sarasota Music Festival celebrate the city's artistic heritage and community spirit.

Is it easy to get around Sarasota, FL without a car?

The city is served by a robust educational system, including multiple public and private schools that offer a range of educational programs. Sarasota Memorial Hospital stands as a major healthcare provider, offering comprehensive services from emergency care to specialized treatments. The public library system is well-established, providing residents with access to a wealth of knowledge and resources. Retail and dining options are plentiful, reflecting the local culture with a blend of international cuisines and boutique shopping experiences.

Transportation in Sarasota, FL.

Sarasota's transportation network includes a variety of options for residents and visitors. The Sarasota County Area Transit (SCAT) provides bus services with routes covering key areas of the city. For those who prefer private transport, ride-sharing services like Uber and Lyft are readily available. The city is also connected by several major roads, including Interstate 75 and U.S. Route 41, facilitating travel to nearby cities and attractions. Efforts to enhance walkability and bikeability are evident in the downtown area and along the scenic waterfront.

Frequently Asked Questions About 525 W Lake Dr

What is the listing price of this property?

The listing price of 525 W Lake Dr property is $480,900.

What type of property is this?

The property 525 W Lake Dr is a house located in Sarasota, Florida, 34232.

Is this property for sale now?

Active Listing: 525 W Lake Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 525 W Lake Dr are:
Fruitville Elementary School: GreatSchools Rating 6/10
McIntosh Middle School: GreatSchools Rating 5/10
Sarasota High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,698 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 23, 2013 for $180,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 525 W Lake Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 525 W Lake Dr is 1,989 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 525 W Lake Dr is 1960.

Rocket Homes›Florida›Sarasota County›Sarasota›34232›525 W Lake Dr

This home is located at 525 W Lake Dr in Sarasota, FL and zip code 34232. This 1,989 square foot home, which was built in 1960, sits on a 0.34 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 03, 2024 and is currently priced at $480,900.

Over 19 listings were sold over their listed price in September 2024 in Sarasota, FL. In the same period over 218 listings were sold below the listed price and 64 listings were sold for the listed price. In September 2024 in Sarasota, FL there were 2.1% less homes for sale than in August 2024. Listings spent 67 days on the market in September 2024, and had a median list price of $521,731 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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