$560,000
SOLD FEB 29, 2024
2 Beds
2 Baths
1,319 Sq Ft
0.33 Acres

Recently Sold

$425 Per Sq Ft

2% Below List Price

31 Days on Market

Highlights

  • Heated In Ground Pool
  • Open Floorplan
  • Garden View
  • Phillippi Shores Elementary School Rated A
  • Fruit Trees
  • Stone Countertops

About This Home

As of February 2024

Welcome to 2244 Palm Terrace – a home for those who appreciate beautiful design, comfort, and the ease of Florida living. Whether you're looking for a family haven, a second home, or a versatile rental property, this residence embodies the essence of a relaxed and inviting lifestyle.
Nestled in a secure, family-oriented neighborhood, the home's charm begins at the curb. The thoughtfully landscaped surroundings and inviting exterior set the stage for the warmth and comfort found within.
Step into a space where design meets functionality. This 2-bedroom, 2-bath home underwent a thoughtful and complete renovation in 2020, ensuring every detail contributes to a welcoming atmosphere. Everything from the new roof, windows, doors, flooring, cabinetry, pool and landscaping was freshly upgraded.
The heart of the home, the kitchen, is a chef's delight with high-end appliances, granite countertops, glass tile backsplash, soft-closing cabinetry and remote controlled custom lighting.The primary bedroom offers a retreat of tranquility with a walk-in closet and a spa-like bathroom featuring an oversized tub, shower, and double sinks.
An open concept layout allows for seamless transitions between spaces while French door in the family room draws your eyes outside and connects you with nature.
As you step into the backyard, you're greeted by a true Floridian retreat. An in ground heated pool, jacuzzi, and ample space for play and relaxation create an ideal outdoor haven. The smart irrigation system, butterfly and herb garden, and fruit trees contribute to a low-maintenance yet vibrant landscape.
Entertain effortlessly under the stars in the beautiful pergola, providing a shaded option for outdoor dining. Both front and back yards feature automated lights, creating a magical ambiance as they illuminate at dusk.
Convenience is key with this home's proximity to downtown Sarasota and Siesta Key beach and just a walking distance from Trader Joe and famous Walt's restaurant. Embrace the laid-back Florida lifestyle with the comfort and charm that 2244 Palm Terrace offers. Don't miss the chance to explore this inviting space – contact me today to schedule a private viewing and discover the possibilities that await in easy Floridian living.

Last Agent to Sell the Property

Alan Macloughlin

EXP REALTY LLC Brokerage Phone: 888-455-6040 License #3414645 Listed on: 01/02/2024

EXP REALTY LLC

Co-Listed By

Aggie Bukowy

EXP REALTY LLC Brokerage Phone: 888-455-6040 License #3478378

Last Buyer's Agent

Tracy Srodes

FINE PROPERTIES License #3487593

FINE PROPERTIES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,641

Year Built

  • Built in 1961

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 100x142
  • North Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Garden
  • Property is zoned RSF2

Parking

  • 1 Car Attached Garage

Home Design

  • Block Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 1,319 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Shutters
  • French Doors
  • Family Room Off Kitchen
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Separate Outdoor Workshop
  • Shed
  • Private Mailbox

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Riverview High School

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Well
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ridgewood Community
  • Ridgewood Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,641

Year Built

Built in 1961

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1319
  • Lot Size Acres: 0.33
  • New Construction: No
  • Year Built: 1961
  • Building Area Total: 2312
  • Lot Size Sq Ft: 14215
  • Directions to Property: From Proctor take left onto Riverwood Ave. and than left onto Palm Terrace.
  • Status: Sold
  • Co List Office Mls Id: MFR781322
  • Co List Office Phone: 888-455-6040
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Sarasota
  • Escrow State: FL
  • Escrow Street Name: Stickney 2477 Stickney Point Rd #200A
  • Escrow Street Number: 2477
  • List Office Head Office Key Nume: 172132292
  • Minimum Lease: No Minimum
  • Number Of Pets: 10+
  • RATIO Current Price By Calculate: 424.56
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 888-455-6040
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Block
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: Shutters
  • Street Number Modifier: 2244
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 122.54
  • Room Count: 7

Exterior Features

  • Direction Faces: North
  • Other Structures: Shed(s), Storage, Workshop
  • Pool Features: Heated, In Ground
  • Exterior Features: French Doors, Garden, Irrigation System, Lighting, Private Mailbox, Sidewalk, Storage
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • View: Garden
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio, Rear Porch
  • Road Surface Type: Asphalt
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public, Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Pet Restrictions: Please check with Sarasota County for specific restrictions.

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Riverview High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0075030087
  • Additional Parcels: No
  • Lot Features: City Limits, In County, Landscaped, Level, Oversized Lot, Sidewalk, Paved
  • Lot Dimensions: 100x142
  • Flood Zone Code: x
  • Homestead YN: 1
  • Lot Size Square Meters: 1321

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Please check with Sarasota County for specific lease restrictions.

Tax Info

  • Tax Annual Amount: 3641.02
  • Tax Block: F
  • Tax Book Number: 1-132
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2024
Closed on
Feb 29, 2024
Sold by
Marc H Pearl Revocable Trust
Bought by
Gowan Michael T and Gowan Patricia
Seller's Agent
Alan Macloughlin
EXP REALTY LLC
Buyer's Agent
Tracy Srodes
FINE PROPERTIES
List Price
$569,000
Sold Price
$560,000
Premium/Discount to List
-$9,000
-1.58%
Views
54

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.32%
Original Mortgage
$384,000
Outstanding Balance
$377,951
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$193,362

Purchase Details

Closed on
Oct 27, 2020
Sold by
Pearl Marc
Bought by
Pearl Marc and The Marc H Pearl Revocable Tru

Purchase Details

Listed on
Apr 25, 2019
Closed on
May 16, 2019
Sold by
Deutsche Bank National Trust Company
Bought by
Pearl Marc
Seller's Agent
JONATHAN MARSHMAN
ALLISON JAMES ESTATES & HOMES
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$200,000
Sold Price
$180,600
Premium/Discount to List
-$19,400
-9.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.16%

Purchase Details

Closed on
Apr 25, 2006
Sold by
Olson Matthew and Olson Roberta
Bought by
Ellis James T and Ellis Kimberly Hope Smith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
6.33%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 10, 2003
Sold by
Darrison Shirley and Darrison John
Bought by
Olson Matthew and Olson Roberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,746
Interest Rate
5.72%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 2002
Sold by
Smith Shirley M and Brader Shirley M
Bought by
Smith Shirley M and Darrison John T

Purchase Details

Closed on
Apr 27, 2001
Sold by
Barbe Phillip M and Barbe Cheryl R
Bought by
Brader Shirley M and Darrison John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
6.98%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $560,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Special Warranty Deed $180,600 Attorney
Warranty Deed $340,000 Diamond Title Sarasota Inc
Warranty Deed $158,000 --
Warranty Deed -- --
Warranty Deed $115,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $384,000 New Conventional
Previous Owner $74,000 Credit Line Revolving
Previous Owner $272,000 Negative Amortization
Previous Owner $65,000 Unknown
Previous Owner $50,700 Credit Line Revolving
Previous Owner $204,000 Unknown
Previous Owner $158,746 FHA
Previous Owner $106,700 New Conventional
Previous Owner $103,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 For Sale $615,000 0.0% $366 / Sq Ft
08/24/2025 08/24/25 Pending -- -- --
05/19/2025 05/19/25 Price Changed $615,000 -3.8% $366 / Sq Ft
02/12/2025 02/12/25 Price Changed $639,000 -1.5% $380 / Sq Ft
01/10/2025 01/10/25 Price Changed $649,000 -3.0% $386 / Sq Ft
12/11/2024 12/11/24 Price Changed $669,000 -4.3% $398 / Sq Ft
09/21/2024 09/21/24 For Sale $699,000 0.0% $416 / Sq Ft
09/07/2024 09/07/24 For Rent $4,500 0.0% --
02/29/2024 02/29/24 Sold $560,000 -1.6% $425 / Sq Ft
02/03/2024 02/03/24 Pending -- -- --
01/30/2024 01/30/24 For Sale $569,000 0.0% $431 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
01/02/2024 01/02/24 For Sale $569,000 +215.1% $431 / Sq Ft
06/07/2019 06/07/19 Sold $180,600 -9.7% $137 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
04/25/2019 04/25/19 For Sale $200,000 -- $152 / Sq Ft
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 $3,732 $463,000 $294,800 $168,200
2023 $3,732 $298,962 $0 $0
2022 $3,641 $290,254 $0 $0
2021 $3,609 $281,800 $121,500 $160,300
2020 $3,669 $246,300 $100,900 $145,400
2019 $2,976 $194,100 $105,800 $88,300
2018 $3,050 $210,800 $95,900 $114,900
2017 $2,944 $172,897 $0 $0
2016 $2,835 $189,900 $75,000 $114,900
2015 $2,514 $150,300 $67,200 $83,100
2014 $2,293 $122,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4589701

Stellar MLS

APN: 0075-03-0087