NOT LISTED FOR SALE

Estimated Value: $388,000 - $444,950

3 Beds
2 Baths
1,406 Sq Ft
$295/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $445,000 $317 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,476/month

10 Days on Market

Highlights

  • In Ground Spa
  • Deck
  • Pool View
  • Lakeview Elementary School Rated A
  • Sun or Florida Room
  • Stone Countertops

About This Home

As of September 2023

Welcome to this charming 3-bedroom, 2-bath inviting Pool home with modern upgrades. This well-maintained residence boasts a range of delightful features, including a screened pool with an electric awning, a beautiful Florida room, and a durable metal roof that adds character to the property. As you step inside, you'll immediately be greeted by the inviting atmosphere of this home. The spacious living area showcases ceramic tile floors, providing both durability and a touch of sophistication. Tile flooring extends throughout the home, creating a cohesive and low-maintenance environment. The property's crown jewel is the serene screened pool area, the perfect oasis for relaxation and entertainment. The addition of an electric awning allows you to enjoy the pool area in both sunny and rainy weather, offering shade and shelter when needed. Whether you're lounging by the poolside or hosting gatherings, this private outdoor space promises to be your haven for tranquility and leisure. Another highlight of this home is the spacious Florida room, which provides additional living space and can be utilized as a cozy den, home office, or an entertainment area to suit your needs. It offers a seamless connection to the outdoors, providing a refreshing ambiance that complements the warm Florida climate. Moreover, this property has been thoughtfully equipped with hurricane impact windows and shutters, ensuring the safety and security of your loved ones during stormy weather. Your peace of mind is guaranteed in this well-protected haven. Located in the desirable Lake Sarasota neighborhood, 4121 Palau Drive offers convenient access to schools, shopping centers, dining establishments, and recreational amenities, making it an ideal place to call home for families and professionals alike. Don't miss the chance to make this exquisite property yours. Schedule a viewing today and experience the perfect blend of comfort, style, and Florida charm in this wonderful Sarasota home.

Upgrades Include:
Roof 2013 ~ AC 2014 ~ Pool Cage/Deck 2018 ~ Garage Door 2018 ~ Front Florida Room Added 2018 ~ Sliding Glass Doors 2018 ~ Electric Shutters 2019 ~ Windows 2022

Last Agent to Sell the Property

Brenda Wix

NEXTHOME EXCELLENCE Brokerage Phone: 941-893-4505 License #3242751 Listed on: 08/02/2023

NEXTHOME EXCELLENCE

Last Buyer's Agent

Angelia Young

A YOUNG REALTY GROUP INC License #0700325

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,601

Year Built

  • Built in 1983

Lot Details

  • 7,560 Sq Ft Lot
  • Southwest Facing Home
  • Vinyl Fence
  • Mature Landscaping
  • Level Lot
  • Property is zoned RSF3

Parking

  • 2 Car Attached Garage
  • Ground Level Parking
  • Garage Door Opener
  • Driveway

Home Design

  • Block Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,406 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Awning
  • Shades
  • Shutters
  • Blinds
  • Rods
  • Sliding Doors
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Ceramic Tile Flooring
  • Pool Views
  • Walk-Up Access

Kitchen

  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • High Impact Windows

Pool

  • In Ground Spa
  • Gunite Pool

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Shed
  • Rain Gutters
  • Private Mailbox

Schools

  • Lakeview Elementary School
  • Sarasota Middle School
  • Sarasota High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lake Sarasota Community
  • Lake Sarasota Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,601

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1406
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 1983
  • Building Area Total: 1886
  • Lot Size Sq Ft: 7560
  • Directions to Property: From Bee Ridge East of i75 turn right on Mauna Loa, then Left on Friendship then Right on Palau, Home is on the right.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 211357877
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 316.50
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Property Description: Walk-Up
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Solid Surface Counters
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Block
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: In Ground
  • Spa Yn: No
  • Stories: 1
  • Window Features: Blinds, Impact Glass/Storm Windows, Rods, Shades, Shutters
  • Street Number Modifier: 4121
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Florida Room
  • Living Area Meters: 130.62
  • Room Count: 5

Exterior Features

  • Direction Faces: Southwest
  • Other Structures: Shed(s)
  • Pool Features: Gunite
  • Exterior Features: Awning(s), Hurricane Shutters, Lighting, Private Mailbox, Rain Gutters, Sidewalk, Sliding Doors, Storage
  • Roof: Metal
  • Home Warranty: No
  • Pool Private: Yes
  • View: Pool
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Front Porch
  • Road Surface Type: Asphalt
  • Disclosures: Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0170F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Ground Level, Guest

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Public, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

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

Schools

  • Elementary School: Lakeview Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Sarasota Middle

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0261100090
  • Additional Parcels: No
  • Fencing: Vinyl
  • Lot Features: In County, Landscaped, Level, Sidewalk, Paved
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 702
  • Zoning Compatible YN: 1

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: One Month Minimum Lease per Sarasota County Leasing Restrictions

Tax Info

  • Tax Annual Amount: 2601
  • Tax Book Number: 8-88
  • Tax Lot: 529

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2023
Closed on
Sep 15, 2023
Sold by
Barc Deborah
Bought by
Culhane William F
Seller's Agent
Brenda Wix
NEXTHOME EXCELLENCE
Buyer's Agent
Angelia Young
A YOUNG REALTY GROUP INC
List Price
$460,000
Sold Price
$445,000
Premium/Discount to List
-$15,000
-3.26%
Views
42
Current Estimated Value
$414,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,762
Avg. Annual Appreciation
-2.44%
Original Mortgage
$245,000
Outstanding Balance
$240,900
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$183,188

Purchase Details

Closed on
Jan 10, 2019
Sold by
Barc Jason Robert
Bought by
Barc Deborah

Purchase Details

Closed on
May 4, 2017
Sold by
Bare Deborah
Bought by
Bare Deborah and Bare Jason Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2017
Bought by
Barc Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 18, 2012
Closed on
Jan 30, 2013
Sold by
Kg5 Group Llc
Bought by
Barc Deborah
Seller's Agent
Mike Payne, PA
BRIGHT REALTY
Buyer's Agent
Margaret Abbott
BRIGHT REALTY
List Price
$108,300
Sold Price
$95,000
Premium/Discount to List
-$13,300
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.51%

Purchase Details

Listed on
Sep 18, 2012
Closed on
Dec 20, 2012
Sold by
Patt Daniel L and Patt Christy
Bought by
Kgs Group Llc
Seller's Agent
Mike Payne, PA
BRIGHT REALTY
Buyer's Agent
Margaret Abbott
BRIGHT REALTY
List Price
$108,300
Sold Price
$95,000
Premium/Discount to List
-$13,300
-12.28%

Purchase Details

Closed on
Jan 16, 2004
Sold by
Patt Daniel Lewis and Patt Christy
Bought by
Patt Daniel L and Patt Christy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
5.85%

Purchase Details

Closed on
Apr 19, 2002
Sold by
Harkins James H and Harkins Sandra L
Bought by
Patt Daniel Lewis and Patt Christy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,871
Interest Rate
6.89%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 31, 2000
Sold by
Ihne William F
Bought by
Harkins James H and Harkins Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,400
Interest Rate
8.12%

Purchase Details

Closed on
Oct 21, 1998
Sold by
Deminico David R
Bought by
Ihne William F and Ihne Henrietta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,300
Interest Rate
6.76%
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
Culhane William F $445,000 None Listed On Document
Barc Deborah -- None Available
Bare Deborah -- None Available
Barc Deborah $100 --
Barc Deborah $140,000 Attorney
Kgs Group Llc $95,000 Attorney
Patt Daniel L -- --
Patt Daniel Lewis $144,900 --
Harkins James H $119,000 --
Ihne William F $107,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Culhane William F $245,000
Closed Culhane William F $12,250
Previous Owner Bare Deborah $450,000
Previous Owner Patt Daniel L $232,000
Previous Owner Patt Daniel L $137,600
Previous Owner Patt Daniel L $34,400
Previous Owner Patt Daniel L $21,000
Previous Owner Patt Daniel Lewis $142,871
Previous Owner Harkins James H $15,000
Previous Owner Harkins James H $71,400
Previous Owner Ihne William F $86,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $445,000 -3.3% $317 / Sq Ft
08/13/2023 08/13/23 Pending -- -- --
08/02/2023 08/02/23 For Sale $460,000 +384.2% $327 / Sq Ft
12/20/2012 12/20/12 Sold $95,000 -12.3% $87 / Sq Ft
10/13/2012 10/13/12 Pending -- -- --
09/18/2012 09/18/12 For Sale $108,300 -- $99 / 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 $2,627 $357,100 $131,500 $225,600
2023 $2,627 $223,406 $0 $0
2022 $2,601 $216,899 $0 $0
2021 $2,569 $210,582 $0 $0
2020 $2,566 $207,675 $0 $0
2019 $2,458 $202,322 $0 $0
2018 $2,135 $179,800 $68,800 $111,000
2017 $2,446 $165,400 $65,000 $100,400
2016 $2,348 $157,100 $44,600 $112,500
2015 $2,179 $138,100 $40,800 $97,300
2014 $2,074 $109,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4578250

Stellar MLS

APN: 0261-10-0090