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Sarasota 34238 Villagewalk
5791 Ithaca WAY
$351,001
● House - Off Market

5791 Ithaca WAY

SARASOTA, FL 34238
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,534 Ft²
$400,554
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Ready to make a move! This two bedroom, two bath villa in Village Walk is ready for you. Updates include A/C replaced 2019, Hot Water Heater replaced 2019, newer refrigerator and microwave, glass enclosed sunroom added. Larger side yard and backyard on this cute little friendly street. Other features include 6 inch concrete with rebar poured walls, slab & foundation, central vacuum, security system, glass side entry door, built in wall unit in great room, 2 car attached garage, hurricane protection and so much more. Fantastic Resort Style community with Geo-thermal heated and cooled lap & lagoon pools, six Har Tru tennis courts, state of the Art Fitness Facility, miles of walking and bike paths, Bocce Ball, Pickle Ball, Basketball half-court, cafe, gift shop and gas station. Conveniently located to The Legacy Bike Trail, restaurants, shopping "A" rated schools and a short trip to Siesta Key, the #1 Beach in the USA!
Unit Size
1,534 Ft²
Days on Market
38 days
Land Size
0.14 acres
Price per sqft
$228
Property Type
House
Property Taxes
$266
HOA Dues
$383
Year Built
2002

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Stellar MLS #A4506268)

Price History

Date / Event Date Event Price
Aug 24, 2021 Sold
Premium
Sold
Jul 9, 2021 Listed by COLDWELL BANKER REALTY $350,000
Listed by COLDWELL BANKER REALTY
Sep 24, 2002 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 5
  • Construction Type: 12
  • Building Style: 31
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 431
  • Parking Space Count: 2
  • Patio Type: 94
  • Porch Type: 77
  • Pool Type: 0
  • Location Influence Type: 125

    Dimensions

  • Lot Size Square Feet: 6,136
  • Total Building Area: 1,965
  • Gross Building Area: 2,125
  • Building Area: 1,534
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,534
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGEWALK UNIT 1C
  • Land Acres: 0000000141
  • Standard Land Use Code: 1001
  • County Land Use Code: 0101
  • State Land Use Code: 001
  • Legal Description 1: LOT 312 VILLAGEWALK UNIT 1C

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: A055 F052 G054
  • Census Tract: 002014

Zoning

  • Zoning: RSF2

Geography

  • Assessors Map Reference: 29D
  • Account Number: 0120070004
  • Subdivision Tract Number: 2860
  • Parcel: 0120-07-0004
  • Lot: 312
  • Meridian: SEC 25 TWN 37S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2308
  • Longitude: -82.4538

    Address

  • Full Address: 5791 Ithaca Way
  • Legal Unit: 1C
  • Address - House Number: 5791
  • Address - Street Name: Ithaca
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Sarasota
  • Carrier Code: R059
  • 4-Digit Zip Code: 4733
  • Zip Code: 34238

Valuation

    Tax

  • Total Area: 2,125
  • Tax Year: 2023
  • Tax Amount: $387,410
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.1881
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 75
  • Final Value: 480,938
  • High Value: 571,409
  • Low Value: 390,467

    Market Valuation

  • Market Total Value: $360,900
  • Market Land Value: $101,100
  • Market Improvement Value: $259,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $323,317

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 16, 2021
  • Current Sale Recording Date: Aug 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021155249
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Palmer Ranch

Stats & Trends

Median Asking:

$445,000

Sale Price/ft²

$259

Below Asking

0.04%

Average Days on Market

89

Average Home Size

1696 ft²

Average Home Age

27.5 years

Currently For Sale

137 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 8750 Olde Hickory Avenue, SARASOTA, FL, 34238

$2,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,238 ft²
8750 Olde Hickory Avenue #9105, SARASOTA, FL, 34238 Listing by Vicki Reilly
Unit for rent at 4484 Streamside Court, SARASOTA, FL, 34238

$2,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,554 ft²
4484 Streamside Court #1503, SARASOTA, FL, 34238 Listing by Jane Hunter
Unit for rent at 4480 Streamside Court, FL, 34238

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,863 ft²
4480 Streamside Court #1505, FL, 34238 Listing by Teresa Ribaudo

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Kim Klee
COLDWELL BANKER REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# A4506268
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.

Frequently Asked Questions

When was property at 5791 Ithaca Way built and last sold?
The property at 5791 Ithaca Way was built in 2002 and last sold on Aug 16, 2021 for $351,000.
How much is this home worth?
The estimated value of the home located at 5791 Ithaca Way is $0.
What are some comparable homes to 5791 Ithaca Way?
There are currently no comparable homes to 5791 Ithaca Way.
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