11 months on rocket

5251 Mahogany Run Ave Unit 515, Sarasota, FL, 34241

$280,000

Home List Price

$3,325*

Closing Credit

2 Bedrooms
2 Full Baths
1,433 SqFt
$195/SqFt
Condo

Location

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5251 Mahogany Run Ave Unit 515, Sarasota$280,000

Buyer Closing Credits

$3,325*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGarage Door Opener, Ground Level, Guest
Garage1 space
Year Built1998
HeatingCentral, Electric
CoolingCentral Air
WaterfrontLake Front
ViewGolf Course, Water
MLS #U8226482
StatusActive

About 5251 Mahogany Run Ave Unit 515

PRICE IMPROVEMENT!!! Come enjoy the care-free Florida lifestyle of this phenomenal Heritage Golf and Country Club community. This first floor 2 bedroom, 2 bath plus den home offers an open floor plan with beautiful lake and golf course views and is offered fully furnished. A wonderful place to call home or use as an investment property or second home. This development offers an abundance of quality amenities including 18 hole golf course, 5 heated swimming pools, 4 lighted har-tru tennis/pickleball courts as well as dining at the Clubhouse bar and lounge. The fitness center offers state of the art equipment, a fitness instructor with daily classes and year round activities. Heritage Oaks is a bundled (membership mandatory), gated, Golf and Country Club consisting of 850 homes situated on 500+ Audubon Certified acres. Come see what the Heritage Oaks Lifestyle has to provide today. PRICE IMPROVEMENT!! New AC Unit, New Water Heater, New Flooring. Kitchen improvements include: New Countertops/backsplash tile as well as under counter lighting. Also Extra storage underneath kitchen bar added. Kitchen is fully furnished including small appliances. Garage has improvements as well, such as added storage cabinetry, storage hooks and an extra refrigerator. Outdoor patio pavers and stepping stones added to front and back porch areas, respectively. Property is fully furnished with plenty of new linens, 3 televisions and completely stocked kitchen. Perfect for an investment property in time for snowbird season 2025.

Property Details

Property Features

Property Information:

  • Year Built: 1998
  • Stories: 1
  • Living Area: 1,433 SqFt

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (727) 822-9111
  • Listing Agent: McKenzie Davidson

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Thermostat, Walk-In Closet(s), Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front
  • View: Golf Course, Water
  • Exterior: Lighting, Sidewalk, Sliding Doors, Tennis Court(s)

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Garage Door Opener, Ground Level, Guest

Virtual/3D Tour

  • Virtual Tour: 5251 Mahogany Run Ave Unit 515
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Head east on Bee Ridge Rd. Turn right on Lorraine Rd. Approx. 1 mile on the right, turn into "Heritage Oaks Golf & Country Club".

Price Information

Listing Price Info

Price Summary:

  • List Price: $280,000
  • Price Per SqFt: $195/SqFt

HOA Fees:

  • Amount: $10612
  • Frequency: Annually

Tax Information:

  • Annual Amount: $2,011
  • 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

$515.5K

Med. Price/SqFt

$302

Avg. Days On Market

76

# of Sold Homes

297

5251 Mahogany Run Ave Unit 515 vs Sarasota

337 DAYS ON ROCKET

+261 Days

$280,000

-$235.5K Less

$195/SqFt

-$108 Less

KEY TAKEAWAY

This property is $235.5K less than the Median Sold Price and $108/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: #U8226482

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (727) 822-9111
  • Listing Agent: McKenzie Davidson

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: 12/18/2024, 9:19:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 12, 2021Home Sold
$205,100
Dec 22, 2003Home Sold
$181,500

Tax History

YEARPROP. TAXASSESSMENT
2020$2,011$126,900
2019$2,072$134,800
2018$2,004$131,000
2017$2,056$132,800

History based on county public records data.

Payment Calculator

$2,349

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$906

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.

Nearby Schools

school-card-donut-4481693
9
/10

  • Lakeview Elementary School

  • 7299 Hand

  • 1.56 miles

  • Public District Grades PK-5

school-card-donut-4481694
8
/10

  • Tatum Ridge Elementary School

  • 4100 Tatum Rd

  • 3.57 miles

  • Public District Grades PK-5

school-card-donut-4481695
10
/10

  • Ashton Elementary School

  • 5110 Ashton Rd

  • 3.83 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $109,083. The majority of Sarasota, FL residents have income between $35k-100k annually. Typical family type is married, no kids. Most 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 5251 Mahogany Run Ave Unit 515

What is the listing price of this property?

The listing price of 5251 Mahogany Run Ave Unit 515 property is $280,000.

What type of property is this?

The property 5251 Mahogany Run Ave Unit 515 is a condo located in Sarasota, Florida, 34241.

Is this property for sale now?

Active Listing: 5251 Mahogany Run Ave Unit 515 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,011 (source: MLS/based on county public records data).

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

The last sale was on July 12, 2021 for $205,100. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5251 Mahogany Run Ave Unit 515 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5251 Mahogany Run Ave Unit 515 is 1,433 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5251 Mahogany Run Ave Unit 515 is 1998.

Rocket Homes›Florida›Sarasota County›Sarasota›34241›5251 Mahogany Run Ave Unit 515

This home is located at 5251 Mahogany Run Ave Unit 515 in Sarasota, FL and zip code 34241. This 1,433 square foot home was built in 1998. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 15, 2024 and is currently priced at $280,000.

Over 12 listings were sold over their listed price in November 2024 in Sarasota, FL. In the same period over 237 listings were sold below the listed price and 48 listings were sold for the listed price. Between October 2024 and November 2024, Sarasota, FL real estate market has seen increase in the number of listings by 9.7%. The median list price of listings available in November 2024 was $515,531, while the average time on the real estate market was 76 days.

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

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