When was property at 5031 Preston Way built and last sold?

The property at 5031 Preston Way was built in 1986 and last sold on Oct 5, 2016 for $199,500.

How much is this home worth?

The estimated value of the home located at 5031 Preston Way is $353,399.

What are some comparable homes to 5031 Preston Way?

There are currently no comparable homes to 5031 Preston Way.

Fruitville

34232

Cedar Hollow North

5031 PRESTON WAY

Sold on Sep 30, 2026

Map

$330,000

● House - Off Market

5031 PRESTON WAY

SARASOTA, FL 34232

2 Beds

2 Baths

928 Ft²

$1,962

Est. Monthly

About This Property

At the end of a quiet cul-de-sac in central Sarasota, this beautifully updated single-story home lives much larger than the listed square footage. Situated on a generous .26-acre lot, this light-filled home has vaulted ceilings, an open layout, wood laminate floors, an updated kitchen and bathrooms, and walk-in closets in both bedrooms. The kitchen features granite countertops, subway-tile backsplash, and stainless steel appliances. The primary bedroom has an en-suite bath and sliding glass doors that open to a small, private patio surrounded by greenery that feels like a private hideaway. From the living area, step out to a screened lanai and brick-paver patio plumbed and wired for a hot tub, then take in the expansive, fenced backyard. A mature, flowering jacaranda tree stands in front, shading the house and keeping it cool. This home has a metal roof, two-year-old HVAC, and newer washer, dryer, and dishwasher. The attached garage includes a small second refrigerator. This happy home is close to shopping, schools, restaurants, and I-75. Downtown Sarasota is just 10–15 minutes away, the Gulf beaches 20-25 minutes away.

Unit Size

928 Ft²

Days on Market

99 days

Land Size

0.26 acres

Price per sqft

$377

Property Type

House

Property Taxes

$243

HOA Dues

Year Built

1986

Payment Calculator

Cap Rate Calculator

Last updated: 30 days ago (Stellar MLS #A4697720)

Price History

Date / Event	Date	Event
Sep 30, 2026	Sold	Premium
Sold
Aug 22, 2026	In contract	-
In contract
Aug 5, 2026	Price Decreased	$349,900 ↓ $15K (4.1%)
Price Decreased
Jun 19, 2026	Listed by RE/MAX ALLIANCE GROUP	$364,900
Listed by RE/MAX ALLIANCE GROUP
Oct 5, 2016	Sold	Premium
Sold
Jan 24, 2007	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1986

Effective Year Built: 2006
Building Count: 1
Total Rooms: 5
Bedroom Count: 2
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 0
Building Quality: 7
Construction Type: 12
Building Style: 0
Exterior Walls Type: 12
Interior Walls Type: 3
Roof Shape Type: 8
Roof Cover Type: 5
Floor Count: 100
Living Units: 1
Floor Cover: 15
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 288
Parking Space Count: 1
Patio Type: 0
Porch Type: 111
Pool Type: 0
Location Influence Type: 125

Dimensions

Lot Size Square Feet: 11,325

Total Building Area: 1,216
Gross Building Area: 1,496
Building Area: 928
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 928
Heating Fuel Type: 0

Utilities

Sewer System: 4

Water Service: 2

Building

Building Type: 0

Property Class: R
Subdivision: CEDAR HOLLOW UNIT 3
Land Acres: 0000000260
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 001
Legal Description 1: LOT 17 CEDAR HOLLOW 3

Neighborhood

School Tax School District: A055 F052 G054

Census Tract: 001302

Zoning

Zoning: RSF3

Geography

Account Number: 0045070042

Parcel: 0045-07-0042
Lot: 17
Meridian: SEC 23 TWN 36S RNG 18E
Municipality: SARASOTA COUNTY
Latitude: 27.3347
Longitude: -82.4684

Address

Full Address: 5031 Preston Way

Address - House Number: 5031
Address - Street Name: Preston
Address - Suffix Type: Way
State: FL
City Name: Sarasota
Carrier Code: C084
4-Digit Zip Code: 2313
Zip Code: 34232

Valuation

Tax

Total Area: 1,552

Tax Year: 2023
Tax Amount: $314,616
Tax Rate Code Area: 0100

Appraisal Valuation

Standard Deviation: 0.179

Valuation Date: Jan 10, 2024
Confidence Score: 76
Final Value: 401,833
High Value: 473,787
Low Value: 329,879

Market Valuation

Market Total Value: $278,900

Market Land Value: $119,000
Market Improvement Value: $159,900

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $271,096

Exemptions

Senior Citizen Exemption : Yes

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Oct 05, 2016

Current Sale Recording Date: Oct 05, 2016
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2016124465
Previous Sale Recording Date: Jan 24, 2007
Previous Sale Contract Date: Jan 18, 2007
Previous Sale Amount: $205,000
Previous Sale Document Type: 71

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Cedar Hollow North

Stats & Trends

Median Asking:

$449,900

Sale Price/ft²

$328

Below Asking

0.01%

Average Days on Market

Average Home Size

1330 ft²

Average Home Age

39.7 years

Currently For Sale

0 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2246 Cork Oak Street W, FL, 34232

$6,500 /mo

3 Beds
2 Baths
1,884 ft²

2246 Cork Oak Street W, FL, 34232 Listing by C. Alison Hunter

Unit for rent at 3852 Gatewood Drive, FL, 34232

$7,150 /mo

2 Beds
2 Baths
1,280 ft²

3852 Gatewood Drive, FL, 34232 Listing by Andy Moore

Unit for rent at 2638 Teal Avenue, SARASOTA, FL, 34232

$2,070 /mo

3 Beds
2 Baths
1,242 ft²

2638 Teal Avenue, SARASOTA, FL, 34232 Listing by Jessica Ennis

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Lee Brewer
RE/MAX ALLIANCE GROUP
Last Updated: 30 days ago
Data Source: Stellar MLS, MLS# A4697720

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

5031 PRESTON WAY

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Cedar Hollow North

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions