NOT LISTED FOR SALE

Estimated Value: $1,044,751 - $1,226,000

3 Beds
3.5 Baths
2,291 Sq Ft
$484/Sq Ft Est. Value

Last Sold August 20, 2024

Last sale price $1,210,000 $528 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $6,979/month

Highlights

  • Wood Flooring
  • Wine Refrigerator
  • 2 Car Attached Garage
  • Booker High School Rated A-
  • Balcony
  • Built-In Features

About This Home

As of August 2024

Welcome to 1262 May Lane, an impressive townhome at Valencia in the heart of the vibrant Rosemary district. With its decorator's dream design, en-suite bedrooms, upgraded fixtures, and gourmet kitchen featuring Sub-Zero refrigerator and Wolf dual fuel range and oven, it offers a luxurious living experience. Hardwood floors, crown molding and stunning upgraded premium fixtures and finishes are features adding to its charm. The proximity to Bay Park and downtown Sarasota enhances the appeal. The attention to detail in this home is truly remarkable from the abundance of natural light facilitated by large windows with Hunter Douglas silhouette shades to the solid wood cabinetry, waterfall quartz kitchen island countertop, and custom closets, every aspect exudes luxury. The primary suite has access to a balcony with bamboo composite floor and a built in cabinet with sink for convenience of enjoying the open air space. The laundry area features Asko washer and dryer plus a quartz countertop. The mudroom features bench seating, extensive cabinets and a built in wine refrigerator. Storage galore throughout the home. The large two car garage, with its Wi-Fi battery back-up door opener, epoxy floor, storage systems, and service door adds practical convenience. The whole house water treatment system, central vacuum with hide-a-hose outlet on each level and impact windows reflect a commitment to quality living.

Last Agent to Sell the Property

Roger Pettingell

COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #0499842 Listed on: 01/05/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

Lee Mirman

INVESTMENTS IN SARASOTA License #3022993

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,550

Year Built

  • Built in 2019

Lot Details

  • 1,100 Sq Ft Lot
  • North Facing Home

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,291 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Crown Molding
  • Window Treatments

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Zoned Cooling
  • Heating Available
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include maintenance structure, ground maintenance, sewer
  • Pinnacle Association, Phone Number (941) 444-7090
  • Visit Association Website
  • Rosemary Place Association
  • Rosemary Park Community
  • Valencia Rosemary Place Twnhms Subdivision
  • The community has rules related to deed restrictions

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,550

Year Built

Built in 2019

Lot Details

0

HOA Fees

$450 per month

Parking

2

Listing Details

  • HOA Fee Includes: Maintenance Structure, Maintenance Grounds, Sewer
  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2291
  • Lot Size Acres: 0.03
  • New Construction: No
  • Year Built: 2019
  • Building Area Total: 2878
  • Lot Size Sq Ft: 1100
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 267.37
  • Escrow State: FL
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 528.15
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-383-6411
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Wood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Central Vaccum, Crown Molding, PrimaryBedroom Upstairs, Solid Wood Cabinets, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 212.84

Exterior Features

  • Direction Faces: North
  • Exterior Features: Balcony
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Connected, Electricity Available, Natural Gas Connected
  • Cooling: Zoned
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 450
  • Association Fee Frequency: Monthly
  • Association Name: Pinnacle
  • Phone: 941-444-7090
  • Association: Yes
  • Senior Community: No
  • Association: Rosemary Place
  • Association 2 YN: 1
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Association Email: hello@pinnaclecam.com
  • Association URL: pinnaclecam.com

Fee Information

  • Total Annual Fees: 5400.00
  • Total Monthly Fees: 450.00
  • Monthly HOA Amount: 450.00

Lot Info

  • Zoning: DTE
  • Parcel Number: 2026050129
  • Additional Parcels: No
  • Flood Zone Code: X500

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See HOA Docs

Tax Info

  • Tax Annual Amount: 8549.83
  • Tax Block: 1
  • Tax Book Number: 49-34
  • Tax Lot: 27

Multi Family

  • Approval Process: See HOA Docs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Jul 25, 2024
Sold by
Rovine Kenneth L and Schwarz Marsha J
Bought by
Raeburn Charles F and Raeburn Vicki Pearthree
Seller's Agent
Roger Pettingell
COLDWELL BANKER REALTY
Buyer's Agent
Lee Mirman
INVESTMENTS IN SARASOTA
List Price
$1,250,000
Sold Price
$1,210,000
Premium/Discount to List
-$40,000
-3.2%
Views
8
Current Estimated Value
$1,109,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$100,312
Avg. Annual Appreciation
-6.08%

Purchase Details

Closed on
May 21, 2019
Sold by
Rosemary Place Townhomes Llc
Bought by
Rovine Kenneth L and Schwarz Marsha J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,972
Interest Rate
4.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Raeburn Charles F $1,210,000 None Listed On Document
Rovine Kenneth L $597,500 Windward Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rovine Kenneth L $477,972
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2024 08/20/24 Sold $1,210,000 -3.2% $528 / Sq Ft
01/06/2024 01/06/24 For Sale $1,250,000 -- $546 / Sq Ft
01/05/2024 01/05/24 Pending -- -- --
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,801 $946,000 $542,900 $403,100
2024 $8,550 $613,129 -- --
2023 $8,550 $595,271 $0 $0
2022 $8,304 $577,933 $0 $0
2021 $8,341 $561,100 $242,500 $318,600
2020 $7,210 $437,400 $165,400 $272,000
2019 $1,824 $114,700 $114,700 $0
2018 $1,649 $101,900 $101,900 $0
2017 $1,639 $99,000 $0 $0
2016 $1,499 $90,000 $90,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4594493

Stellar MLS

APN: 2026-05-0129