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4574 North Lake Drive

4574 North Lake Drive, Sarasota, FL 34232
Property in Sherwood Estates
Sold Jul 19, 2005
$55,000
$136,000 by Allied Home Mortgage Capital C
Mortgage Due Aug 01, 2035
4574 North Lake Drive in Sarasota, FL was first built in 1960 and is 64 years old. Although, the building on the property was most recently renovated and altered in 2005. This has been categorized as a residential property type. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 4574 North Lake Drive has 1,801 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. The linear feet across the front of the lot is 1,010 ft and the linear feet between the front and back of the lot is 1,520. In total, the area measurement of the land is 15,359 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 metal. Water for the property is sourced from a well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a attached garage. The garage is 551 sqft. There are a total of 2 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 C. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4574 North Lake Drive sold most recently in Jun 28, 2005 for a total of $55,000. If you work out the math, that's approximately a cost of $23.38 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,138 in taxes each year. 4574 North Lake Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $361,370. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 551
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 15,359
  • Lot Size Depth Feet: 1,520
  • Lot Size Frontage Feet: 1,010
  • Total Building Area: 2,352
  • Gross Building Area: 2,816
  • Building Area: 1,801
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,801
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: SHERWOOD ESTATES 3
  • Land Acres: 0.353
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 83 SHERWOOD ESTATES UNIT 3

Ownership

  • Current Owner : DESMARAIS ALLAN D
  • Current Owner 2: DESMARAIS KIMBERLY H
  • Previous Owner : DESMARAIS KIMBERLY FRANCES HOUSER
  • Previous Owner 2: DESMARAIS ALLAN D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: A055 F052 G054
  • Census Tract: 001302

Zoning

  • Zoning: RSF1

Geography

  • Assessors Map Reference: 25D
  • Account Number: 0045140010
  • Subdivision Tract Number: 1431
  • Parcel: 0045-14-0010
  • Lot: 83
  • Meridian: SEC 23 TWN 36S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.3318
  • Longitude: -82.4749

    Address

  • Full Address: 4574 N Lake Dr
  • Legal Unit: 3
  • Address - House Number: 4574
  • Street Direction: N
  • Address - Street Name: Lake
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C035
  • 4-Digit Zip Code: 1939
  • Zip Code: 34232

Valuation

    Tax

  • Total Area: 3,678
  • Tax Year: 2023
  • Tax Amount: $4,138
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.1754
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 598,635
  • High Value: 703,694
  • Low Value: 493,575

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $136,000
  • First Open Lien Mortgage Lender: ALLIED HOME MORTGAGE CAPITAL C
  • First Open Lien Mortgage Recording Date: Jul 19, 2005
  • First Open Lien Mortgage Loan Amount: $136,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien 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.)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2035

    Market Valuation

  • Market Total Value: $461,000
  • Market Land Value: $181,900
  • Market Improvement Value: $279,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $361,370

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 28, 2005
  • Current Sale Recording Date: Jul 19, 2005
  • Current Sale Transaction ID: 1166402939
  • Current Sale Price: $55,000
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2005157464

    Last Sale Mortgage

  • First Mortgage Lender: ALLIED HOME MORTGAGE CAPITAL C
  • First Mortgage Transaction Date: Jul 19, 2005
  • First Mortgage Loan Amount: $136,000
  • First Mortgage Terms: 360
  • First 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.)
  • First Mortgage Loan Due Date: Aug 01, 2035

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Frequently Asked Questions

What neighborhood is 4574 North Lake Drive located in?
The 4574 North Lake Drive is a located in the neighborhood of Sherwood Estates in Sherwood Estates, Sarasota.
What is the average sales price for listings in 4574 North Lake Drive?
The average sales price for units in 4574 North Lake Drive is $0 currently.

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