Back 5516 Cedarwood Drive
Off Market

5516 Cedarwood Drive

Sarasota Springs FL 34232

3
2
1
2484 sq. ft.
8800 sq. ft.
Single-Family
Last sold for $500,000
Valentina KvammeValentina Kvamme, last sold this property on 07 March 2022 after 33 days on market.

Overview

Look at this fully fenced POOL house, located in sought-after Sarasota neighborghood - Colonial Gables. Prime location, central Sarasota, close to everything. This highly upgraded house features separate attached office under air, paved circular driveway and plenty of additional storage for your RV or boat, with several public boat ramps nearby. Huge Salt water screened pool has new color changing LED pool lights, new larger pool filter installed 7 months ago, smartphone controlled electric pool heater was installed 1 year ago. Additionally, new roof was put on 6 years ago, emergency generator power connection, A/C is 4 years old, condensing coil was cleaned and sanitized 6 months ago with UV light for HVAC, that prevents mold and bacteria, used in hospitals to purify air; Large laundry room can double as den, exercise room or storage; new quartz and stone high-end luxury 6ft. 80+ inch TV wall with a stone and quartz fireplace. Security cameras throughout the house for additional safety and peace of mind. This stunning house was completely repainted inside, closets were updated as well. Survey and elevation certificate are available. NOT in a flood zone. Flood zone code was recently changed to X Flood determination letter from FEMA is available.

Features

3 bedrooms
2 bathrooms
1 carspace
2484 sq. ft. floor area
8800 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Sarasota Springs over the last 12 months, the estimated median property value of 5516 Cedarwood Drive is $396k.

Median value
$396k
Estimated value range
$2.2k - $910k
Median days on market
28
Estimated value trend
-3%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Sarasota Springs. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5516 Cedarwood Drive

2022
Sold
$500,000
07 Mar 2022 by Valentina Kvamme, of KELLER WILLIAMS ISLAND LIFE REAL ESTATE
2020
Sold
$371,250
07 Oct 2020 by Derek Edwards, of KELLER WILLIAMS ON THE WATER S

Happy sellers in Sarasota Springs

80%
80% of sellers in Sarasota Springs reported that their sale price either exceeded or met their price expectations.

Sarasota Springs stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 15 reviews in Sarasota Springs over the last 12 months.

Local market activity for 3 bedroom single-family properties in Sarasota Springs

In the last 12 months, 219 three-bedroom single-family properties similar to 5516 Cedarwood Drive, have been sold.

This represents a 19% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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