2220 Palm Terrace Sarasota, FL 34231
South Sarasota NeighborhoodEstimated payment $3,476/month
Highlights
- In Ground Pool
- Bamboo Flooring
- No HOA
- Phillippi Shores Elementary School Rated A
- Solid Surface Countertops
- Home Office
About This Home
Spacious & Nicely Renovated 3-Bedroom Home on Large Double Lot – Prime Location & New Roof!
Discover this beautifully renovated home on a rare double lot, offering plenty of space and endless possibilities. Featuring 3 bedrooms, including one that could be used as a large flex space, this home is designed for comfort and versatility.
Enjoy Florida living at its best with a bright and airy combined living space, a dedicated office, and a large laundry & storage room for ultimate convenience. Enjoy the well thought out and professionally renovated kitchen, including an expansive quartz countertop perfect for the baker or chef in your family. Once you are done prepping for dinner, step outside to your beautiful private pool and fully fenced yard, perfect for relaxation or entertaining. Feel safe and secure knowing a new roof was just put in on March of 2025.
The inherent value of this home is evident. It's located in a sought-after neighborhood with newly built homes all around and is close to various shopping and dining opportunities, including the iconic Sarasota landmark - Walt’s Fish Market, the new Bath + Racquet Residences and Club, and easy access to US-41 and Siesta Beach. It’s also centrally located to area schools with Riverview High School and Philippi Shores Elementary mere minutes away. Whether you're looking for a personal retreat or a prime investment opportunity, this property is a must-see!
Listing Agent
PREFERRED SHORE LLC Brokerage Phone: 941-999-1179 License #3079713 Listed on: 04/04/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,739
Year Built
- Built in 1961
Lot Details
- 0.33 Acre Lot
- Lot Dimensions are 100x142
- North Facing Home
- Oversized Lot
- Property is zoned RSF2
Parking
- Driveway
Home Design
- Slab Foundation
- Shingle Roof
- Block Exterior
- HardiePlank Type
Interior Spaces
- 2,243 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Window Treatments
- Family Room Off Kitchen
- Living Room
- Dining Room
- Home Office
- Utility Room
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
- Solid Surface Countertops
- Disposal
Flooring
- Bamboo
- Tile
- Terrazzo
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- In Ground Pool
- Saltwater Pool
- Child Gate Fence
- Pool Lighting
Outdoor Features
- Exterior Lighting
- Shed
- Private Mailbox
Schools
- Phillippi Shores Elementary School
- Brookside Middle School
- Riverview High School
Utilities
- Central Air
- Ductless Heating Or Cooling System
- Heat Pump System
- Tankless Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Ridgewood Community
- Ridgewood Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 6 / F
- Assessor Parcel Number 0075030093
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,591 | $290,274 | -- | -- |
| 2023 | $3,591 | $281,819 | $0 | $0 |
| 2022 | $3,008 | $232,483 | $0 | $0 |
| 2021 | $2,972 | $225,712 | $0 | $0 |
| 2020 | $2,970 | $222,596 | $0 | $0 |
| 2019 | $2,597 | $196,091 | $0 | $0 |
| 2018 | $2,528 | $192,435 | $0 | $0 |
| 2017 | $2,515 | $188,477 | $0 | $0 |
| 2016 | $2,513 | $184,600 | $75,000 | $109,600 |
| 2015 | $2,572 | $184,900 | $67,200 | $117,700 |
| 2014 | $2,653 | $103,425 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | Price Changed | $599,000 | -4.8% | $267 / Sq Ft |
| 06/17/2025 06/17/25 | Price Changed | $629,000 | -4.6% | $280 / Sq Ft |
| 05/22/2025 05/22/25 | Price Changed | $659,000 | -5.7% | $294 / Sq Ft |
| 04/23/2025 04/23/25 | Price Changed | $699,000 | -5.4% | $312 / Sq Ft |
| 04/04/2025 04/04/25 | For Sale | $739,000 | +231.4% | $329 / Sq Ft |
| 06/11/2014 06/11/14 | Sold | $223,000 | -2.8% | $131 / Sq Ft |
| 05/12/2014 05/12/14 | Pending | -- | -- | -- |
| 05/01/2014 05/01/14 | Price Changed | $229,500 | -4.3% | $135 / Sq Ft |
| 03/31/2014 03/31/14 | Price Changed | $239,900 | -4.0% | $141 / Sq Ft |
| 12/11/2013 12/11/13 | Price Changed | $250,000 | -5.7% | $147 / Sq Ft |
| 11/26/2013 11/26/13 | For Sale | $265,000 | -- | $156 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $223,000 | Msc Title Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $175,000 | Credit Line Revolving | |
| Open | $268,000 | New Conventional | |
| Closed | $52,420 | Future Advance Clause Open End Mortgage | |
| Closed | $191,814 | New Conventional | |
| Closed | $200,700 | New Conventional |
Source: Stellar MLS
MLS Number: A4646925
APN: 0075-03-0093
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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