2244 Palm Terrace Sarasota, FL 34231
South Sarasota Neighborhood
2
Beds
2
Baths
1,319
Sq Ft
0.33
Acres
Highlights
- Private Pool
- No HOA
- Ceramic Tile Flooring
- Phillippi Shores Elementary School Rated A
- 1 Car Attached Garage
- Central Heating and Cooling System
About This Home
As of February 2024Great opportunity in Sarasota! Pool home! Do not miss this one.
Last Agent to Sell the Property
ALLISON JAMES ESTATES & HOMES License #3124859 Listed on: 04/25/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,050
Year Built
- Built in 1961
Lot Details
- 0.33 Acre Lot
- North Facing Home
- Property is zoned RSF2
Parking
- 1 Car Attached Garage
Home Design
- 1,319 Sq Ft Home
- Slab Foundation
- Shingle Roof
- Block Exterior
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Additional Features
- Private Pool
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Ridgewood Community
- Ridgewood Subdivision
Listing and Financial Details
- Down Payment Assistance Available
- Visit Down Payment Resource Website
- Legal Lot and Block 18 / F
- Assessor Parcel Number 0075030087
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
4.81%
Original Mortgage
$384,000
Outstanding Balance
$379,060
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$218,450
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
21.63%
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%
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Foreclosure Auction Ends August 07, 2025 at 09:00 AM EST. Explore this 3-bedroom, 2-bathroom home offering comfort and potential in Sarasota. Sold As is with Clear Title. Explore more details and submit your bid through Federa Home App.
Jamie Boone Federa
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 05/19/2025 05/19/25 | Price Changed | $615,000 | 0.0% | $366 / Sq Ft |
| 05/19/2025 05/19/25 | Price Changed | $3,800 | -5.0% | $2 / Sq Ft |
| 04/19/2025 04/19/25 | Price Changed | $4,000 | 0.0% | $2 / 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 | 0.0% | $398 / Sq Ft |
| 11/06/2024 11/06/24 | Price Changed | $4,500 | -10.0% | $3 / Sq Ft |
| 10/23/2024 10/23/24 | Price Changed | $5,000 | +11.1% | $3 / Sq Ft |
| 10/21/2024 10/21/24 | For Rent | $4,500 | 0.0% | -- |
| 09/21/2024 09/21/24 | For Sale | $699,000 | 0.0% | $416 / Sq Ft |
| 09/21/2024 09/21/24 | Off Market | $4,500 | -- | -- |
| 05/18/2024 05/18/24 | Price Changed | $4,500 | +25.0% | $3 / Sq Ft |
| 04/02/2024 04/02/24 | Price Changed | $3,600 | -7.7% | $2 / Sq Ft |
| 03/04/2024 03/04/24 | Price Changed | $3,900 | 0.0% | $2 / Sq Ft |
| 02/29/2024 02/29/24 | Sold | $560,000 | 0.0% | $425 / Sq Ft |
| 02/29/2024 02/29/24 | For Rent | $4,200 | 0.0% | -- |
| 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
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
-
Tracy Srodes
Seller's Agent in 2024
Tracy Srodes
FINE PROPERTIES
(813) 267-1312
7 in this area
52 Total Sales
-
Alan Macloughlin
Seller's Agent in 2024
Alan Macloughlin
EXP REALTY LLC
(941) 780-8628
1 in this area
132 Total Sales
-
Aggie Bukowy
Seller Co-Listing Agent in 2024
Aggie Bukowy
EXP REALTY LLC
(203) 521-9131
1 in this area
33 Total Sales
-
JONATHAN MARSHMAN
Seller's Agent in 2019
JONATHAN MARSHMAN
ALLISON JAMES ESTATES & HOMES
(941) 500-4922
24 Total Sales
-
Stellar Non-Member Agent
S
Buyer's Agent in 2019
Stellar Non-Member Agent
FL_MFRMLS
Map
Source: Stellar MLS
MLS Number: C7414975
APN: 0075-03-0087
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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