NOT LISTED FOR SALE

3979 Square East Ln Unit 11 Sarasota, FL 34238

Estimated Value: $387,593 - $472,000

3 Beds
2.5 Baths
2,196 Sq Ft
$567/mo HOA Fee

Last Sold September 18, 2020

Last sale price $307,500 $140 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,188/month

13 Days on Market

Highlights

  • View of Trees or Woods
  • Open Floorplan
  • Spanish Architecture
  • Riverview High School Rated A
  • Wood Flooring
  • High Ceiling

About This Home

As of September 2020

Welcome to Palmer Square East, an intimate, beautifully maintained community of only 12 townhomes. Ideally located in South Sarasota close to Westfield Shopping Mall, golf courses, fitness facilities, Potter Park, Selby Aquatic Center, Legacy Trail, and numerous restaurants. Just a quick car ride to the famous white sand beaches of Siesta Key or to downtown Sarasota and all of its cultural venues. This townhome offers the perfect floor plan with a large master suite, beautifully appointed master bath with separate shower and soaking tub, as well as a huge walk-in closet. Both the 2nd and 3rd bedrooms (or use one as a den or office) have walk-in closets as well. The spacious chef's kitchen with beautiful granite and steel appliances is open to the living room and dining room area and has a lovely eat-in space and upgraded cabinets & lighting. A large breakfast bar from the kitchen lookout to the living room and the slider look out to the patio and beautiful woods and pond to the back. You will enjoy the large tiled screened lanai which is steps away from the community pool and spa. The townhomes in this community are highly sought-after, especially when they have been as well maintained as this one.

Last Agent to Sell the Property

Shannon Rogers

PREFERRED SHORE LLC License #0676751 Listed on: 07/31/2020

PREFERRED SHORE LLC

Co-Listed By

Michael Griffin

License #3284971

Last Buyer's Agent

Dean Schmitt

PREFERRED SHORE LLC License #3295507

PREFERRED SHORE LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,377

Year Built

  • Built in 2002

Lot Details

  • Property fronts a private road
  • South Facing Home
  • Mature Landscaping

HOA Fees

  • $567 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Spanish Architecture
  • Planned Development
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,196 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Partially Furnished
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room
  • Breakfast Room
  • Formal Dining Room
  • Inside Utility
  • Views of Woods
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

  • Gulf Gate Elementary School
  • Sarasota Middle School
  • Riverview High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, pest control, pool maintenance, private road
  • Palmer Square East Community
  • Palmer Square East Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Pool
  • Community Spa
  • Park

Pet Policy

  • 2 Pets Allowed
  • Breed Restrictions
  • Extra large pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,377

Year Built

Built in 2002

Lot Details

0

HOA Fees

$567 per month

Parking

2

Listing Details

  • HOA Fee Includes: Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Pool Maintenance, Private Road
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2196
  • Lot Size Acres: 2.67
  • New Construction: No
  • Year Built: 2002
  • Building Area Total: 2921
  • Lot Size Sq Ft: 116292
  • Directions to Property: Beneva Ave South to left on Sarasota Square Blvd. Left at light into Sarasota Square East.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4474006?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4474006?w=Customer
  • FCHR URL: No
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-364-4014
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.98243
  • Price per Sq Ft: 140.03
  • Close to Original List Price Ratio: 0.98243
  • Ratio: Current Price\Building Area Total: 105.27
  • View: Yes
  • Co List Office Mls Id: 261015625
  • Co List Office Phone: 863-412-8515
  • Ownership: Condominium
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Central Vaccum, Eating Space In Kitchen, High Ceiling(s), Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Yn: No
  • Stories: 2
  • Window Features: Blinds
  • Street Number Modifier: 3979
  • Room Count: 10
  • Additional Rooms: Breakfast Room Separate, Formal Dining Room Separate, Great Room, Inside Utility

Exterior Features

  • Direction Faces: South
  • Exterior Features: Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0226F
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Off Street
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool, Sidewalk
  • Association Amenities: Maintenance, Park, Pool, Spa/Hot Tub
  • Association: No
  • Security: Security System
  • Senior Community: No
  • Condo Fees: 1700
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 567
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 6800
  • Total Monthly Fees: 566.67

Schools

  • Elementary School: Gulf Gate Elementary
  • High School: Riverview High
  • Middle Or Junior School: Sarasota Middle

Lot Info

  • Zoning: PUD
  • Parcel Number: 0123071011
  • Additional Parcels: No
  • Lot Features: In County
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • Zoning Compatible Y N: Yes

Rental Info

  • Furnished: Partially
  • Pets Allowed: Breed Restrictions, Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Minimum Lease: 3 Months
  • Num Timesper Year: 4
  • Pet Restrictions: See HOA Documents
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See HOA Documents

Tax Info

  • Tax Annual Amount: 3377
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2020
Closed on
Sep 15, 2020
Sold by
Prestancia 3979 Llc
Bought by
Hobbs David and Hobbs Kathryn
Seller's Agent
Shannon Rogers
PREFERRED SHORE LLC
Buyer's Agent
Dean Schmitt
PREFERRED SHORE LLC
List Price
$313,000
Sold Price
$307,500
Premium/Discount to List
-$5,500
-1.76%
Current Estimated Value
$418,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,398
Avg. Annual Appreciation
6.31%
Original Mortgage
$200,000
Outstanding Balance
$177,158
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$241,740

Purchase Details

Closed on
Nov 9, 2017
Sold by
Blau Lori Ann
Bought by
Prestancia 3979 Llc

Purchase Details

Closed on
Aug 28, 2017
Sold by
Berman Jonathan
Bought by
Blau Lori Ann

Purchase Details

Closed on
Aug 25, 2004
Sold by
Palmer Square Development Co Llc
Bought by
Berman Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,920
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Hobbs David $307,500 King Clifford
Prestancia 3979 Llc -- Attorney
Blau Lori Ann $300,000 Attorney
Berman Jonathan $359,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hobbs David $200,000
Previous Owner Berman Jonathan $287,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2020 09/18/20 Sold $307,500 -1.8% $140 / Sq Ft
08/13/2020 08/13/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $313,000 -- $143 / 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 $4,697 $301,100 -- $301,100
2023 $4,697 $365,800 $0 $365,800
2022 $4,693 $394,800 $0 $394,800
2021 $3,779 $256,800 $0 $256,800
2020 $3,726 $250,100 $0 $250,100
2019 $3,377 $224,000 $0 $224,000
2018 $3,762 $256,500 $0 $256,500
2017 $2,287 $171,147 $0 $0
2016 $2,115 $277,600 $0 $277,600
2015 $2,149 $242,200 $0 $242,200
2014 $2,206 $162,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4474006

Stellar MLS

APN: 0123-07-1011