NOT LISTED FOR SALE

Estimated Value: $1,201,000 - $1,630,000

3 Beds
2.5 Baths
2,052 Sq Ft
$663/Sq Ft Est. Value

Last Sold December 19, 2023

Last sale price $1,310,000 $638 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $10,712/month

246 Days on Market

Highlights

  • Heated Pool
  • Gated Community
  • High Ceiling
  • Southside Elementary School Rated A
  • Wood Flooring
  • Stone Countertops

About This Home

As of December 2023

Enjoy downtown living to the fullest! Exquisite finishes in a secure boutique development of only 22 luxurious townhouses. Situated in the quiet part of downtown yet with a 92/100 Walk Score. On the sought-after and private upper courtyard level, lush landscaping and a charming patio welcome you home. Inside, an open floorplan with private elevator, high ceilings, travertine floors, Andersen impact-rated windows and doors, cozy fireplace and a balcony overlooking Burns Lane make for a comfortable lifestyle. The custom kitchen boasts finely appointed cabinetry, granite countertops, Viking stainless-steel appliances and a pot filler over the 6-burner stove. The entire third floor is the spacious and peaceful owner’s retreat. The second floor features 2 bedrooms, one bath plus den. Your daily choices are endless: walk to historic Burns Court and Main Street’s restaurants, shopping, theaters, galleries, marina, and renowned Saturday Farmer’s Market; restore and relax on the amenities level with the heated pool and spa, and cozy fire-pit. An unparalleled lifestyle! 2017 A/C units, 2 deeded parking spaces plus storage unit, battery-operated solar shades.

Last Agent to Sell the Property

Fernando Viteri

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #3089222 Listed on: 03/07/2023

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Lee Mirman

INVESTMENTS IN SARASOTA License #3022993

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $13,294

Year Built

  • Built in 2007

Lot Details

  • Southeast Facing Home

HOA Fees

  • $1,532 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Ground Level Parking
  • Garage Door Opener
  • Secured Garage or Parking
  • Deeded Parking

Home Design

  • Elevated Home
  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 2,052 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Shades
  • Sliding Doors
  • Combination Dining and Living Room
  • Den
  • Inside Utility

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Travertine

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Heated Pool
  • Balcony
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, sewer, trash
  • Burns Court Villas Community
  • Burns Court Villas Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions

Amenities

  • Community Mailbox
  • Elevator

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • 2 Pets Allowed
  • Large pets allowed

Security

  • Gated Community
  • High Impact Windows
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$13,294

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,532 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Sewer, Trash
  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 2052
  • New Construction: No
  • Year Built: 2007
  • Building Area Total: 2152
  • Directions to Property: From Main St, south on Palm Ave to main entry gate at 550 S Palm Ave
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1037329
  • Minimum Lease: 6 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 638.40
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • Property Description: Elevated
  • Attribution Contact: 941-364-4000
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas
  • Living Area Units: Square Feet
  • Flooring: Hardwood, Travertine
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Elevator, High Ceilings, Living Room/Dining Room Combo, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Stories: 3
  • Window Features: Aluminum Frames, Impact Glass/Storm Windows, Shades
  • Street Number Modifier: 1544
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office,Inside Utility
  • Living Area Meters: 190.64
  • Room Count: 6

Exterior Features

  • Direction Faces: Southeast
  • Pool Features: Heated
  • Exterior Features: Balcony, Lighting, Rain Gutters, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Deeded, Garage Door Opener, Ground Level

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Community Mailbox, Deed Restrictions, Gated, Pool, Sidewalks
  • Association Amenities: Elevator(s), Gated, Maintenance, Pool, Spa/Hot Tub
  • Association: No
  • Security: Fire Sprinkler System, Gated Community, Secured Garage / Parking
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Must be on leash. Aggregate weight of pets must not exceed 100lbs
  • Building Name Number: 6
  • Condo Fees: 4596
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 1532
  • Pet Size: Large (61-100 Lbs.)

Fee Information

  • Total Annual Fees: 18384.00
  • Total Monthly Fees: 1532.00

Lot Info

  • Zoning: DTE
  • Parcel Number: 2027146006
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Tenant to complete application with application fee

Tax Info

  • Tax Annual Amount: 13293.91
  • Tax Lot: 5

Multi Family

  • Approval Process: Board approval

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2023
Closed on
Dec 14, 2023
Sold by
Suits Francis H
Bought by
Thomas Royall Smith Revocable Trust and Smith
Seller's Agent
Fernando Viteri
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Lee Mirman
INVESTMENTS IN SARASOTA
List Price
$1,599,000
Sold Price
$1,310,000
Premium/Discount to List
-$289,000
-18.07%
Views
229
Current Estimated Value
$1,361,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,214
Avg. Annual Appreciation
2.46%

Purchase Details

Closed on
Aug 15, 2022
Sold by
Suits Theresa P
Bought by
Suits Francis H

Purchase Details

Closed on
May 5, 2010
Sold by
Suits Frank
Bought by
Suits Theresa P

Purchase Details

Closed on
Apr 6, 2009
Sold by
Georgia Peach Llc
Bought by
Suits Frank

Purchase Details

Closed on
Mar 27, 2007
Sold by
Burns Court Development Llc
Bought by
Georgia Peach Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$728,645
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Thomas Royall Smith Revocable Trust $1,310,000 None Listed On Document
Suits Francis H $100 --
Suits Theresa P -- None Available
Suits Frank $645,000 Stewart Title Company
Georgia Peach Llc $891,300 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Georgia Peach Llc $728,645
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2023 12/19/23 Sold $1,310,000 -12.4% $638 / Sq Ft
11/09/2023 11/09/23 Pending -- -- --
10/12/2023 10/12/23 Price Changed $1,495,000 -6.5% $729 / Sq Ft
07/10/2023 07/10/23 For Sale $1,599,000 +22.1% $779 / Sq Ft
07/07/2023 07/07/23 Off Market $1,310,000 -- --
04/10/2023 04/10/23 Price Changed $1,599,000 -4.5% $779 / Sq Ft
03/21/2023 03/21/23 Price Changed $1,675,000 -4.3% $816 / Sq Ft
03/07/2023 03/07/23 For Sale $1,750,000 0.0% $853 / Sq Ft
08/17/2018 08/17/18 Off Market $5,000 -- --
07/01/2014 07/01/14 Rented $5,000 0.0% --
06/01/2014 06/01/14 Under Contract -- -- --
04/21/2014 04/21/14 For Rent $5,000 -- --
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
2024 $19,958 $591,800 -- --
2023 $19,958 $1,328,300 $0 $1,328,300
2022 $13,294 $1,056,800 $0 $1,056,800
2021 $10,674 $669,000 $0 $669,000
2020 $11,178 $683,300 $0 $683,300
2019 $11,231 $688,500 $0 $688,500
2018 $13,573 $833,300 $0 $833,300
2017 $11,306 $763,861 $0 $0
2016 $12,704 $832,900 $0 $832,900
2015 $11,306 $685,000 $0 $685,000
2014 $10,001 $524,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4563106

Stellar MLS

APN: 2027-14-6006