NOT LISTED FOR SALE

4219 Palacio Dr Sarasota, FL 34238

Estimated Value: $1,391,000 - $1,455,000

4 Beds
3.5 Baths
4,938 Sq Ft
$289/Sq Ft Est. Value

Last Sold January 05, 2024

Last sale price $1,460,000 $296 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $8,827/month

30 Days on Market

Highlights

  • On Golf Course
  • Screened Pool
  • 0.46 Acre Lot
  • Riverview High School Rated A
  • Solar Power System
  • Open Floorplan

About This Home

As of January 2024

Rarely does an opportunity arise to acquire such an exquisite residence, ideally situated within one of Sarasota's finest golf course communities. This extensively renovated home has been meticulously redesigned, catering to the needs of a growing family. The first floor boasts four bedrooms, while the second floor features a theater room and workout room.
Just off the large renovated kitchen, you're greeted by a spacious family room adorned with a fireplace, seamlessly connected to an expansive bonus room offering versatile usage. Adjacent to the formal living room is a well-appointed home office, fostering an environment conducive to productivity. The master suite impresses with its spacious layout, enhanced by vaulted ceilings and an oversized master bath featuring dual shower heads, a rain head, and a substantial garden tub. Possible owner financing available
This eco-conscious abode embraces sustainability through solar panels, affording substantial savings on FPL bills. Further energy efficiency is achieved with two on-demand hot water heaters and an underground 500-gallon propane gas tank. The interiors boast hardwood floors throughout the first floor and ceramic tiles in all wet areas. The kitchen, a culinary haven, offers an abundance of cabinets, a sizable island for food preparation, a breakfast bar, a farmer's sink, and a water faucet conveniently located above the expansive propane stove. A newer roof and three A/C units underscore the home's modernity and functionality.
Outdoor living is elevated by the presence of a grand pool and spa, providing a picturesque view of the TPC golf course. The country-style kitchen, piped with propane for outdoor grilling, enhances the experience of hosting memorable gatherings. Situated on an extensive lot, complete with a large side-loaded three-car garage, this residence epitomizes convenience and luxury.
A showing of this distinguished home within the guarded community of Palmer Ranch is highly recommended, showcasing all the amenities and benefits of residing in this beautiful Palacio enclave. Whether you're an avid golfer or simply seeking a peaceful retreat, Prestancia offers an array of experiences—from serene tranquility to various recreational activities like, walking, and biking. Its proximity to downtown Sarasota, esteemed restaurants, Costco, a movie theater, the Legacy Trail, Siesta Beach, and the I-75 highway enhances its allure for a well-rounded lifestyle. Prestancia encapsulates the very essence of what the western coast of Florida is renowned for and beyond. The term "Distinctive" fittingly characterizes this remarkable community, appealing to both established residents and those new to the area. Act swiftly, as this meticulously maintained home is sure to attract discerning buyers and won't remain on the market for long. Possible owner financing is available.

Last Agent to Sell the Property

John Petitti

CENTRAL PARK REALTY CORP. Brokerage Phone: 941-809-0034 License #0692453 Listed on: 10/07/2023

Co-Listed By

Ross Bryans

CENTRAL PARK REALTY CORP. Brokerage Phone: 941-809-0034 License #3003216

Last Buyer's Agent

John Petitti

CENTRAL PARK REALTY CORP. Brokerage Phone: 941-809-0034 License #0692453 Listed on: 10/07/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,635

Year Built

  • Built in 1994

Lot Details

  • 0.46 Acre Lot
  • On Golf Course
  • South Facing Home
  • Irrigation
  • Property is zoned RSF2

HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,938 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Shutters
  • Blinds
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room
  • Den
  • Inside Utility
  • Golf Course Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Power System
  • Solar owned by seller

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool
  • Fence Around Pool

Outdoor Features

  • Screened Patio
  • Outdoor Kitchen
  • Outdoor Grill
  • Wrap Around Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Thermostat
  • Propane
  • Tankless Water Heater
  • Gas Water Heater
  • Water Softener
  • Cable TV Available

Community Details

  • Association fees include 24-Hour Guard, private road, security
  • Rebekah Syoboda Association, Phone Number (941) 554-8838
  • Prestancia Association
  • Prestancia Community
  • Palacio Subdivision
  • The community has rules related to deed restrictions, vehicle restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,635

Year Built

Built in 1994

Lot Details

0

HOA Fees

$319 per month

Parking

3

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Private Road, Security
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 4938
  • Lot Size Acres: 0.46
  • New Construction: No
  • Year Built: 1994
  • Building Area Total: 5473
  • Lot Size Sq Ft: 20200
  • Directions to Property: From McIntosh Rd enter the north guard gate onto Prestancia Blvd take a left on Palacio Drive home is on the left side of the road
  • Status: Sold
  • Co List Office Mls Id: MFR281502316
  • Co List Office Phone: 941-809-0034
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046715
  • Minimum Lease: 6 Months
  • RATIO Current Price By Calculate: 295.67
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_SolarPanelOwnership: Owned
  • Attribution Contact: 941-809-0034
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Chair Rail, Crown Molding, High Ceilings, Kitchen/Family Room Combo, Primary Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Tankless Water Heater, Washer, Water Softener
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Blinds, Shutters
  • Street Number Modifier: 4219
  • ResoLivingAreaSource: Owner
  • Additional Rooms: Den/Library/Office,Formal Dining Room Separate,Formal Living Room Separate,Inside Utility
  • Living Area Meters: 458.76
  • Room Count: 15

Exterior Features

  • Direction Faces: South
  • Pool Features: Gunite, Heated, In Ground, Salt Water, Screen Enclosure
  • Exterior Features: Irrigation System, Outdoor Grill, Outdoor Kitchen
  • Roof: Tile
  • Pool Private: Yes
  • View: Golf Course
  • Waterfront: No
  • Patio and Porch Features: Patio, Screened, Wrap Around
  • Road Surface Type: Asphalt
  • Disclosures: Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage Door Opener, Garage Faces Side, Guest

Utilities

  • Utilities: Cable Connected, Propane, Sewer Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions
  • Association Amenities: Vehicle Restrictions
  • Association Fee: 425
  • Association Fee Frequency: Quarterly
  • Association Name: Rebekah Syoboda
  • Phone: 941-554-8838
  • Association: Yes
  • Senior Community: No
  • Association #2 Fee: 530
  • Association #2 Fee Frequency: Quarterly
  • Association: Prestancia
  • Association 2 YN: 1
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Association Email: rebekah@capstone.com

Fee Information

  • Total Annual Fees: 3820.00
  • Total Monthly Fees: 318.33
  • Monthly HOA Amount: 141.67

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0113070004
  • Additional Parcels: No
  • Lot Features: On Golf Course
  • Flood Zone Code: x
  • Homestead YN: 1
  • Lot Size Square Meters: 1877

Green Features

  • Green Power: Solar
  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: please review the homeowner association documents additional restrictions

Tax Info

  • Tax Annual Amount: 8635.36
  • Tax Book Number: 35-2
  • Tax Lot: 4

Multi Family

  • Approval Process: Application required and board approval

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2023
Closed on
Jan 5, 2024
Sold by
Taylor Ryan C and Taylor Karen L
Bought by
Glen Fabian And Lori Fabian Joint Living Trus and Fabian
Seller's Agent
John Petitti
CENTRAL PARK REALTY CORP.
Buyer's Agent
John Petitti
CENTRAL PARK REALTY CORP.
List Price
$1,750,000
Sold Price
$1,460,000
Premium/Discount to List
-$290,000
-16.57%
Views
29
Current Estimated Value
$1,425,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,331
Avg. Annual Appreciation
-1.45%
Original Mortgage
$1,360,000
Interest Rate
7.29%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 12, 2019
Sold by
Taylor Ryan C and Varone Karen L
Bought by
Taylor Ryan C and Varone Karen L

Purchase Details

Listed on
Nov 21, 2011
Closed on
Jan 19, 2012
Sold by
Us Bank National Association
Bought by
Taylor Ryan C
Seller's Agent
Corbett Donovan
PREFERRED SHORE LLC
Buyer's Agent
Sharon Chiodi
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.86%
Original Mortgage
$360,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2011
Sold by
Platt Terry Ann and Platt Curt
Bought by
Us Bank National Association

Purchase Details

Closed on
Jun 24, 2004
Sold by
Hunter Gregory and Hunter Diane
Bought by
Platt Terry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
3.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2003
Sold by
Northern Tr Bk Fl and Armstrong Richard W
Bought by
Hunter Gregory

Purchase Details

Closed on
Jul 15, 1997
Sold by
Sack Jeffrey B and Sack Lori C
Bought by
Armstrong Richard W

Purchase Details

Closed on
Mar 8, 1994
Sold by
Cannon Const Inc
Bought by
Sack Jeffrey B and Sack Lori C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Interest Rate
6.96%
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
Glen Fabian And Lori Fabian Joint Living Trus $1,460,000 None Listed On Document
Taylor Ryan C -- Attorney
Taylor Ryan C $450,000 None Available
Us Bank National Association $315,001 None Available
Platt Terry A $675,000 Lawyers Title Ins Corp
Hunter Gregory $616,500 --
Armstrong Richard W $417,500 --
Sack Jeffrey B $138,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Glen Fabian And Lori Fabian Joint Living Trus $1,360,000
Previous Owner Taylor Ryan C $300,000
Previous Owner Taylor Ryan $360,000
Previous Owner Platt Curt $200,000
Previous Owner Platt Curt $675,000
Previous Owner Platt Terry A $540,000
Previous Owner Hunter Gregory $50,000
Previous Owner Hunter Gregory $493,200
Previous Owner Sack Jeffrey B $299,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2024 01/05/24 Sold $1,460,000 -6.5% $296 / Sq Ft
11/07/2023 11/07/23 Pending -- -- --
10/26/2023 10/26/23 Price Changed $1,562,000 -6.5% $316 / Sq Ft
10/20/2023 10/20/23 Price Changed $1,670,000 -4.6% $338 / Sq Ft
10/07/2023 10/07/23 For Sale $1,750,000 +288.9% $354 / Sq Ft
01/27/2012 01/27/12 Sold $450,000 0.0% $113 / Sq Ft
11/28/2011 11/28/11 Pending -- -- --
11/21/2011 11/21/11 For Sale $450,000 -- $113 / 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 $8,882 $1,203,400 $320,800 $882,600
2023 $8,882 $726,965 $0 $0
2022 $8,635 $705,791 $0 $0
2021 $8,573 $685,234 $0 $0
2020 $8,618 $675,773 $0 $0
2019 $8,144 $643,082 $0 $0
2018 $7,985 $631,091 $0 $0
2017 $7,956 $618,111 $0 $0
2016 $7,955 $739,300 $186,300 $553,000
2015 $8,100 $726,500 $196,700 $529,800
2014 $8,136 $516,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4582990

Stellar MLS

APN: 0113-07-0004