NOT LISTED FOR SALE

3111 78th Ave E Sarasota, FL 34243

Estimated Value: $379,000 - $433,000

2 Beds
2 Baths
1,668 Sq Ft
$241/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $430,000 $258 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,727/month

15 Days on Market

Highlights

  • Gated Community
  • Clubhouse
  • Stone Countertops
  • Open Floorplan
  • High Ceiling
  • Wine Refrigerator

About This Home

As of September 2024

Discover your dream home in the highly sought-after Palm Lakes Condo Gated Community! This attractive single-family 2 bedroom plus den, 2 bath home offers an open & airy floor plan, recessed lighting with color control remote for the ambiance of your choosing, high ceilings in main living area and luxury vinyl plank flooring throughout, perfect for modern living and entertaining. Beautifully remodeled kitchen features soft close 42" cabinets with crown molding, designer tiled back splash, expansive quartz counter tops, pendant lighting, Fisher Paykel stainless steel appliances: dual drawer dishwasher, induction stove and 4 door refrigerator with separate temperature controls. The distinctive entertainment area comprises open shelving, indirect lighting, built-in microwave and beverage cooler—ideal for hosting friends and family. The master bath has been elegantly updated with new vanity with soft-close, lighting and quartz countertops, providing a fresh and inviting atmosphere. Both bedrooms are equipped with built-in closet systems, maximizing storage and organization. Guest bath has bluetooth light for music too! Enjoy peace of mind with impact-resistant windows. Remote operated shades for optimal privacy and lighting. You will love the built-in cabinets and utilization of all the space in the laundry room with stackable washer/dryer. Relax in the outdoor living spaces that consist of a private & spacious screened lanai with roll down shades for privacy or in the open courtyard, both accessed from main living area, master bedroom or den. Take a dip in the community pool that can be enjoyed year round and is just steps away or indulge at the clubhouse's Billard and game room with full kitchen and whole-house generator that ensures you’re never without power. The low HOA fee of just $210 a month. Community roads re-paved 2023. Exterior painted 2022, water heater 2022. Don’t miss the opportunity to live in this vibrant and welcoming community! Nearby lifestyle venues include those at the UNIVERSITY TOWNE CENTER MALL to shop over 200 retailers and 80 dining options, Nathan Benderson Park with 550-acre paradise featuring a 400-acre lake surrounded by breathtaking scenery, recreational destination for a wide range of activities, including world-class rowing events, kayaking, stand-up paddleboarding, fishing, and more. Take a stroll along the 3.5-mile paved trail, have a picnic with your family, or bring your furry friends for a walk. Enjoy activities at THE DESANTIS PARK AND RECREATION CENTER located 2 minutes away with many activities which include pickle-ball courts, pool and splash pads, volleyball, tennis, pavilions, fitness center, dog park, canoe/kayak launch and so much more!! Approximately 25 minute drive to the pristine white sandy beaches of ANNA MARIA ISLAND!!!

Last Agent to Sell the Property

Cindy Greco

WAGNER REALTY Brokerage Phone: 941-727-2800 License #0597113 Listed on: 08/13/2024

WAGNER REALTY

Last Buyer's Agent

Andrew Barnard

RE/MAX ALLIANCE GROUP License #3020243

RE/MAX ALLIANCE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,093

Year Built

  • Built in 2005

Lot Details

  • 2,975 Sq Ft Lot
  • South Facing Home
  • Irrigation
  • Property is zoned A1

HOA Fees

  • $210 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,668 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • Den
  • Luxury Vinyl Tile Flooring

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Courtyard

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, pool, escrow reserves fund, ground maintenance, management, private road, recreational facilities
  • Pinnacle Community Asscomgmt Caitlin King Association, Phone Number (941) 444-7090
  • Visit Association Website
  • Palm Lakes Condo Community
  • Palm Lakes Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Playground
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,093

Year Built

Built in 2005

Lot Details

0

HOA Fees

$210 per month

Parking

2

Listing Details

  • HOA Fee Includes: Common Area Taxes, Pool, Escrow Reserves Fund, Maintenance Grounds, Management, Private Road, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1668
  • Lot Size Acres: 0.07
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 2366
  • Lot Size Sq Ft: 2975
  • Status: Sold
  • Street Post Direction: E
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 219.81
  • Escrow State: FL
  • Minimum Lease: 8-12 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 257.79
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-727-2800
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, 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, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office
  • Living Area Meters: 154.96

Exterior Features

  • Direction Faces: South
  • Exterior Features: Courtyard, Irrigation System, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • 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: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Deed Restrictions, Gated Community - No Guard, Playground, Pool
  • Association Amenities: Clubhouse, Playground, Pool
  • Association Fee: 210
  • Association Fee Frequency: Monthly
  • Association Name: Pinnacle Community AsscoMgmt-Caitlin King
  • Phone: 941-444-7090
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: See HOA Restrictive Covenants
  • Association Fee Requirement: Required
  • Max Pet Weight: 60
  • Association Email: caitlin@pinnacleCMA.com
  • Pet Size: Medium (36-60 Lbs.)
  • Association URL: www.pinnacleCMA.com

Fee Information

  • Total Annual Fees: 2520.00
  • Total Monthly Fees: 210.00
  • Monthly HOA Amount: 210.00

Lot Info

  • Zoning: A1
  • Parcel Number: 2029605409
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Size Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Refer to HOA Restrictive Covenants

Tax Info

  • Tax Annual Amount: 5093.3
  • Tax Book Number: 32-95
  • Tax Lot: 88

Multi Family

  • Approval Process: Application - Refer to HOA Restrictive Covenants

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2024
Closed on
Sep 30, 2024
Sold by
Ward Dawn A
Bought by
Skolnick Jeff G
Seller's Agent
Cindy Greco
WAGNER REALTY
Buyer's Agent
Andrew Barnard
RE/MAX ALLIANCE GROUP
List Price
$449,500
Sold Price
$430,000
Premium/Discount to List
-$19,500
-4.34%
Views
8
Current Estimated Value
$402,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,278
Avg. Annual Appreciation
-5.11%
Original Mortgage
$300,000
Outstanding Balance
$296,911
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$105,811

Purchase Details

Closed on
Oct 27, 2022
Sold by
Hambleton Richard A and Hambleton Elcy
Bought by
Ward Dawn A

Purchase Details

Closed on
Dec 21, 2017
Sold by
Wilmington Savings Fund Society
Bought by
Hambleton Richard A and Malaver Elcy

Purchase Details

Closed on
Jun 1, 2017
Bought by
Wilmington Savings Fund Societ

Purchase Details

Closed on
Dec 5, 2016
Sold by
Collentine Thomas R
Bought by
Christiana Trusts

Purchase Details

Closed on
Apr 27, 2010
Sold by
Collentine Thomas R
Bought by
Palm Lakes Condominium Association Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Skolnick Jeff G $430,000 Alliance Group Title
Ward Dawn A $430,000 Sunbelt Title
Hambleton Richard A $219,900 Dependable Title Services Of
Wilmington Savings Fund Societ $100 --
Christiana Trusts $116,900 None Available
Palm Lakes Condominium Association Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skolnick Jeff G $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2024 09/30/24 Sold $430,000 -4.3% $258 / Sq Ft
08/28/2024 08/28/24 Pending -- -- --
08/13/2024 08/13/24 For Sale $449,500 -- $269 / 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
2025 $4,952 $347,392 $42,075 $305,317
2024 $4,952 $362,224 $53,550 $308,674
2023 $5,093 $365,578 $53,550 $312,028
2022 $3,100 $231,228 $0 $0
2021 $2,964 $224,493 $0 $0
2020 $3,051 $221,393 $49,000 $172,393
2019 $2,999 $216,561 $49,000 $167,561
2018 $3,417 $202,085 $41,000 $161,085
2017 $3,186 $197,204 $0 $0
2016 $2,687 $169,000 $0 $0
2015 $2,333 $141,500 $0 $0
2014 $2,333 $141,501 $0 $0
2013 $2,059 $118,197 $29,497 $88,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4619458

Stellar MLS

APN: 20296-0540-9