3 months on rocket

Sale Pending

5497 Downham Mdws, Sarasota, FL, 34235

$850,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
2,315 SqFt
$367/SqFt
House
Schools Nearby

Location

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5497 Downham Mdws, Sarasota$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCircular Driveway, Driveway, Garage Door Opener, Guest
Attached Garage2 spaces
Year Built1993
HeatingCentral, Electric
CoolingCentral Air
WaterfrontLake Front
ViewGolf Course, Water
Private PoolYes
MLS #A4597731
Lot Size0.36 Acres
StatusSale Pending
(Pending)

About 5497 Downham Mdws

Under contract-accepting backup offers. Nestled in the heart of The Meadows Golf & Country Club, this stunning 3 bedroom, 2 bath house offers more than just a home – it's a lifestyle! Step into tranquility as you gaze out from the screened lanai onto breathtaking vistas of the serene lake and lush golf course greens. You will love all the natural light from and the newer impact glass windows ensure safety and tranquility. Luxurious granite counters and wood cabinets elevate the kitchen space. Warm wood flooring graces two bedrooms, living room, and dining room, adding a touch of elegance to every step. Enjoy a plethora of activities including tennis, pickleball, and golf. Explore nature walking trails that wind through the picturesque surroundings. Conveniently located near numerous restaurants, the UTC Shopping Center & neighboring shops, Trader Joes, Whole Foods, Nathan Benderson Park & Rowing Facility, the new Mote Marine Aquarium and I-75 access. Approximately 15-20 minutes to downtown Sarasota, St. Armand's Circle, Lido Beach, and the Sarasota/Bradenton Airport, & 30 minutes to world renown Siesta Key Beach. This home has been lovingly cared for and gently lived in by its current owners, ensuring that you step into a space that's not just beautiful but also meticulously maintained. Don't miss this opportunity to experience luxury living in The Meadows. Schedule your viewing today and discover the true essence of tranquility and elegance. A NEW LIGHT GRAY ROOF WILL BE INSTALLED WITHIN THE NEXT 4-6 WEEKS AND THE BLUE TRIM IS BEING PAINTED WHITE. NO CDD FEES IN THE MEADOWS.

Property Details

Property Features

Property Information:

  • Architectural Style: Custom
  • Year Built: 1993
  • Living Area: 2,315 SqFt

Listing Office:

  • Office Name: RE/MAX PLATINUM REALTY
  • Office Phone: (941) 929-9090
  • Listing Agent: Midge McCarthy

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Carpet, Ceramic Tile, Wood
  • Interior: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Lake Front
  • View: Golf Course, Water
  • Exterior: Irrigation System, Rain Gutters, Sliding Doors

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Circular Driveway, Driveway, Garage Door Opener, Guest

Lot Features

Lot Information:

  • Lot: Landscaped, Near Golf Course, Near Public Transit, Paved
  • Lot Size: 0.36 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Booker High School, Public Magnet Grades 9-12
  • Booker Middle School, Public Magnet Grades 6-8
  • Gocio Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Honore Avenue to East on Downham Meadows. Home is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000
  • Price Per SqFt: $367/SqFt

HOA Fees:

  • Amount: $200
  • Frequency: Annually

Tax Information:

  • Annual Amount: $5,256
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sarasota, FL.

Med. Sold Price

$519K

Med. Price/SqFt

$306

Avg. Days On Market

56

# of Sold Homes

593

5497 Downham Mdws vs Sarasota

90 DAYS ON ROCKET

+34 Days

$850,000

+$330.9K More

$367/SqFt

+$60 More

KEY TAKEAWAY

This property is $330.9K more than the Median Sold Price and $60/SqFt more than other homes in Sarasota, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4597731

Listing Office:

  • Office Name: RE/MAX PLATINUM REALTY
  • Office Phone: (941) 929-9090
  • Listing Agent: Midge McCarthy

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/3/2024, 11:19:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 04, 2006Home Sold
$565,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,256$378,200
2019$5,164$375,100
2018$2,392$189,816
2017$2,385$185,912

History based on county public records data.

Payment Calculator

$4,326

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5641853
4
/10
  • Gocio Elementary School

  • 3450 Gocio Rd

  • 2.42 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5641854
2
/10
  • Booker Middle School

  • 2250 Myrtle St

  • 3.96 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-5641855
3
/10
  • Booker High School

  • 3201 N Orange Ave

  • 4.93 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $84,707. Most Sarasota, FL residents have annual incomes between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5497 Downham Mdws

What is the listing price of this property?

The listing price of 5497 Downham Mdws property is $850,000.

What type of property is this?

The property 5497 Downham Mdws is a house located in Sarasota, Florida, 34235.

Is this property for sale now?

Sale Pending: 5497 Downham Mdws is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 5497 Downham Mdws are:
Gocio Elementary School: GreatSchools Rating 4/10
Booker Middle School: GreatSchools Rating 2/10
Booker High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,256 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 4, 2006 for $565,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5497 Downham Mdws has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5497 Downham Mdws is 2,315 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5497 Downham Mdws is 1993.

Rocket HomesFloridaSarasota CountySarasota342355497 Downham Mdws

This home is located at 5497 Downham Mdws in Sarasota, FL and zip code 34235 in the The Meadows neighborhood. This 2,315 square foot home, which was built in 1993, sits on a 0.36 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 03, 2024 and is currently priced at $850,000.

In April 2024, from all listings sold in Sarasota, FL there were more than 41 sold above asking price, over 462 sold below and more than 90 were sold right at the asked price. The inventory of homes for sale in Sarasota, FL between March 2024 and April 2024 decreased by 1.8%. Listings spent 56 days on the market in April 2024, and had a median list price of $519,031 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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