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5645 Colony Lake Lane

5645 Colony Lake Lane, Sarasota, FL 34233
Property in Colony Lake
Sold Apr 03, 2001
Transfer
$77,000 by Suntrust Bk
Mortgage
Local assessors in Sarasota, FL have categorized 5645 Colony Lake Lane as a residential type of property. The home was built in 2001 and is 23 years old. It was most recently renovated and altered in 2011. The property's lot size has been calculated to be 7,262 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5645 Colony Lake Lane has a total of 1,256 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 397 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a hip style roof that was made of asphalt. Lots of stucco were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $1,917 in taxes per year. The property on 5645 Colony Lake Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $160,652. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 2001
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 397
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,262
  • Total Building Area: 1,653
  • Gross Building Area: 1,797
  • Building Area: 1,256
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,256
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: COLONY LAKE UNIT 2
  • Land Acres: 0.167
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 32 COLONY LAKE UNIT 2

Ownership

  • Current Owner : RICHARDS LAURENCE D
  • Previous Owner : HALLCRAFT HOMES INC
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: A055 F052 G054
  • Census Tract: 001509

Zoning

  • Zoning: RSF3

Geography

  • Assessors Map Reference: 29A
  • Account Number: 0092080038
  • Subdivision Tract Number: 2663
  • Parcel: 0092-08-0038
  • Lot: 32
  • Meridian: SEC 11 TWN 37S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2731
  • Longitude: -82.4686

    Address

  • Full Address: 5645 Colony Lake Ln
  • Legal Unit: 2
  • Address - House Number: 5645
  • Address - Street Name: Colony Lake
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Sarasota
  • Carrier Code: R036
  • 4-Digit Zip Code: 3473
  • Zip Code: 34233

Valuation

    Tax

  • Total Area: 1,817
  • Tax Year: 2023
  • Tax Amount: $1,917
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.1754
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 428,677
  • High Value: 503,909
  • Low Value: 353,445

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $77,000
  • First Open Lien Mortgage Lender: SUNTRUST BK
  • First Open Lien Mortgage Recording Date: Apr 03, 2001
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $77,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1

    Market Valuation

  • Market Total Value: $342,900
  • Market Land Value: $123,100
  • Market Improvement Value: $219,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $160,652

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 23, 2001
  • Current Sale Recording Date: Apr 03, 2001
  • Current Sale Transaction ID: 1166514447
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2001043001

    Last Sale Mortgage

  • First Mortgage Lender: SUNTRUST BK
  • First Mortgage Transaction Date: Apr 03, 2001
  • First Mortgage Loan Amount: $77,000

    Financing

  • First Mortgage Financing Type: Variable

About Colony Lake



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Frequently Asked Questions

What neighborhood is 5645 Colony Lake Lane located in?
The 5645 Colony Lake Lane is a located in the neighborhood of Colony Lake in Colony Lake, Sarasota.
What is the average sales price for listings in 5645 Colony Lake Lane?
The average sales price for units in 5645 Colony Lake Lane is $0 currently.

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