NOT LISTED FOR SALE

3965 Square Ln E Unit 5 Sarasota, FL 34238

Estimated Value: $429,054 - $445,000

3 Beds
2.5 Baths
2,196 Sq Ft
$708/mo HOA Fee

Last Sold June 03, 2024

Last sale price $458,250 $209 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,299/month

288 Days on Market

Highlights

  • Heated In Ground Pool
  • Open Floorplan
  • Wood Flooring
  • Riverview High School Rated A
  • Cathedral Ceiling
  • Stone Countertops

About This Home

As of June 2024

Come check out this beautifully updated corner home within beautiful Palmer Ranch! Brag about your own elevator! Home features a fully redesigned kitchen with a huge island, granite, black stainless steel LG appliances, and is one of a kind! The elevator runs from the garage to the living quarters upstairs. Balcony off the family room has views of the community pool that only 12 units share. Elegant large porcelain tile runs throughout the main area of the home, while the spacious bedrooms and stairs have espresso wood floors. The Master suite features it own private balcony, 2 huge walk-in closets, a master bath with shower, soaking tub, dual sinks and counters, walk-in linen closet and a water closet. The secondary bedroom suite features it's own bathroom and 2 large closets as well. The oversized 2 car garage has high ceilings, tons of storage, and with the elevator, it will be easy to bring in your groceries and you never need to climb stairs! New HVAC system and New Tile roof! Enjoy a maintenance free lifestyle in a great location offering The Legacy Trail, golf, YMCA, Costco, Publix, many shops, restaurants and siesta key beach! Come take a look today!! Furniture available! PLEASE CONTACT OWNER FOR SHOWINGS

Last Agent to Sell the Property

Karin Swanson

KARIN SWANSON LICENSED R.E. BR Brokerage Phone: 941-321-1111 License #3103477 Listed on: 07/23/2023

Last Buyer's Agent

Dennis Schulte

MICHAEL SAUNDERS & COMPANY License #3488646

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,547

Year Built

  • Built in 2006

Lot Details

  • 2.67

HOA Fees

  • $708 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor
  • Block Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,196 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • In Wall Pest System

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters
  • Private Mailbox

Utilities

  • Central Air
  • Humidity Control
  • Heating Available
  • Thermostat
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Reclaimed Water Irrigation System
  • South Facing Home

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, pool, insurance, maintenance structure, ground maintenance, management, pest control, recreational facilities
  • Civix Propertymanagement/Justin Gonzalez Association, Phone Number (941) 529-9595
  • Visit Association Website
  • Palmer Square East Community
  • Palmer Square East Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pets up to 60 lbs

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,547

Year Built

Built in 2006

Lot Details

0

HOA Fees

$708 per month

Parking

2

Listing Details

  • HOA Fee Includes: Common Area Taxes, Pool, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 2196
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 2921
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow State: FL
  • Floor Number: 1
  • Minimum Lease: 6 Months
  • RATIO Current Price By Calculate: 208.67
  • Water Access YN: 0
  • Attribution Contact: 941-321-1111
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Wood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Central Vaccum, Eat-in Kitchen, Elevator, High Ceilings, In Wall Pest System, Primary Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Microwave, Refrigerator, Washer
  • Foundation Details: Block
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 204.01

Exterior Features

  • Direction Faces: South
  • Pool Features: Heated, In Ground
  • Exterior Features: Balcony, Lighting, Private Mailbox, Rain Gutters, Sliding Doors, Storage
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12115C0226F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Fire Hydrant, Phone Available, Public, Sewer Available, Sewer Connected, Sprinkler Meter, Street Lights, Water Available, Water Connected
  • Cooling: Central Air, Humidity Control
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Irrigation-Reclaimed Water, No Truck/RV/Motorcycle Parking, Pool, Sidewalks
  • Association Fee: 2125
  • Association Fee Frequency: Quarterly
  • Association Name: Civix PropertyManagement/Justin Gonzalez
  • Phone: 941-529-9595
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Please see condo docs for more information.
  • Association Fee Requirement: Required
  • Condo Land Included YN: 0
  • Max Pet Weight: 60
  • Association URL: https://civixpropertymanagement.com/

Fee Information

  • Total Annual Fees: 8500.00
  • Total Monthly Fees: 708.33
  • Monthly HOA Amount: 708.33

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0123071005
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Deliver written notice to the Association - Association has 10 days to approve or deny in writing. See bylaws. Buyer's agent responsible to ensure all information is correct.

Tax Info

  • Tax Annual Amount: 3547
  • Tax Lot: 5

Multi Family

  • Approval Process: Application Buyer's agent responsible to get copy for the buyer.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2023
Closed on
May 31, 2024
Sold by
Starr Robin
Bought by
Dennis Schulte Family Trust and Schulte
Seller's Agent
Karin Swanson
KARIN SWANSON LICENSED R.E. BR
Buyer's Agent
Dennis Schulte
MICHAEL SAUNDERS & COMPANY
List Price
$525,000
Sold Price
$458,250
Premium/Discount to List
-$66,750
-12.71%
Views
267
Current Estimated Value
$436,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,236
Avg. Annual Appreciation
-3.49%

Purchase Details

Listed on
Mar 11, 2020
Closed on
Sep 25, 2020
Sold by
Offerpad Llc
Bought by
Starr Robin
Seller's Agent
Michelle Mandia
DALTON WADE INC
Buyer's Agent
Karin Swanson
KARIN SWANSON LICENSED R.E. BROKER
List Price
$334,500
Sold Price
$305,000
Premium/Discount to List
-$29,500
-8.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.66%

Purchase Details

Closed on
Mar 9, 2020
Sold by
Smith Johnny and Smith Rosa
Bought by
Offerpad Spvborrower1 Llc

Purchase Details

Closed on
Nov 2, 2015
Sold by
Montgomery Thomas A and Montgomery Catharina W
Bought by
Smith Johnny and Smith Rosa

Purchase Details

Closed on
Feb 3, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Montgomery Thomas A and Montgomery Catharina W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2008
Sold by
Goldstein Lori B and Goldstein Leonard
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 6, 2006
Sold by
Developers At Palmer Square Llc
Bought by
Goldstein Lori B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,200
Interest Rate
6.49%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 13, 2004
Sold by
Palmer Square Development Co Llc
Bought by
Developers At Palmer Square Llc
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 Buyer Sale Price Title Company
Dennis Schulte Family Trust $458,250 None Listed On Document
Starr Robin $305,000 First American Title Ins Co
Offerpad Spvborrower1 Llc $317,000 First American Title Ins Co
Smith Johnny $330,714 Attorney
Montgomery Thomas A $195,000 Multiple
Federal Home Loan Mortgage Corporation -- Attorney
Wells Fargo Bank Na -- None Available
Goldstein Lori B $479,900 None Available
Developers At Palmer Square Llc $858,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Montgomery Thomas A $146,250
Previous Owner Goldstein Lori B $383,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/03/2024 06/03/24 Sold $458,250 -6.5% $209 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
04/04/2024 04/04/24 Price Changed $490,000 -1.8% $223 / Sq Ft
01/03/2024 01/03/24 Price Changed $499,000 -5.0% $227 / Sq Ft
07/23/2023 07/23/23 For Sale $525,000 +72.1% $239 / Sq Ft
09/25/2020 09/25/20 Sold $305,000 -3.1% $139 / Sq Ft View Prior Sale
09/05/2020 09/05/20 Pending -- -- --
08/11/2020 08/11/20 Price Changed $314,900 -1.5% $143 / Sq Ft
07/28/2020 07/28/20 Price Changed $319,800 0.0% $146 / Sq Ft
07/09/2020 07/09/20 Price Changed $319,900 -1.5% $146 / Sq Ft
05/19/2020 05/19/20 Price Changed $324,900 -1.5% $148 / Sq Ft
04/17/2020 04/17/20 Price Changed $330,000 -1.3% $150 / Sq Ft
03/11/2020 03/11/20 For Sale $334,500 -- $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 $3,690 $298,424 -- --
2023 $3,690 $289,732 $0 $0
2022 $3,547 $281,293 $0 $0
2021 $3,537 $273,100 $0 $273,100
2020 $3,206 $242,656 $0 $0
2019 $3,095 $237,200 $0 $237,200
2018 $3,191 $246,469 $0 $0
2017 $3,176 $241,400 $0 $241,400
2016 $3,519 $293,600 $0 $293,600
2015 $3,976 $254,600 $0 $254,600
2014 $2,480 $168,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4577128

Stellar MLS

APN: 0123-07-1005