NOT LISTED FOR SALE

4241 Palacio Dr Sarasota, FL 34238

Estimated Value: $708,000 - $946,000

3 Beds
3 Baths
2,891 Sq Ft
$293/Sq Ft Est. Value

Last Sold July 15, 2024

Last sale price $780,000 $270 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,069/month

Highlights

  • Oak Trees
  • Tennis Courts
  • Lake View
  • Riverview High School Rated A
  • Gated Community
  • Private Lot

About This Home

As of July 2024

The opportunity for laid-back luxury and the perfect Sarasota location here in Prestancia is yours now! This detached home is ready for a new owner to take over! Situated in the private, gated community of Prestancia in Palmer Ranch, this incredible property boasts a prime location, offering stunning views of a tranquil lake. Surrounded by lush tropical landscaping, you'll experience unmatched privacy and serenity. This Todd Johnston custom home is truly exceptional. With a six-year-new tile roof, brand new Trane 5-Ton AC, new Rheem hot water heater, and fresh outside paint, this residence has been meticulously maintained by one loving homeowner! Step inside and be greeted by a well-designed split floor plan. The spacious layout with 2,891 square feet includes three bedrooms, three baths, a study, a family room with vaulted ceilings and a cozy fireplace, a living room that seamlessly shares space with the dining room, and two covered and screened lanais overlooking the picturesque lake. The kitchen offers fabulous space with a breakfast nook and easy access to the patios, making family time and entertaining effortless and enjoyable. Your primary suite overlooks the sparkling water and includes an expansive en suite bath with dual sinks, a garden tub, a walk-in shower and dual walk-in closets. The high ceilings throughout the home create an airy and open ambiance, perfectly complementing the abundance of greenery and water that surrounds you. Every corner of this residence exudes a warm and inviting atmosphere, making you feel right at home from the moment you set foot inside. Membership to the social and golf club at Prestancia is optional, allowing you to customize your lifestyle as desired. With reasonable fees, you can enjoy all the amenities and experiences this esteemed community has to offer. Explore the breathtaking sidewalks that wind their way through Prestancia and Palmer Ranch, perfect for leisurely strolls or invigorating bike rides. World famous Siesta Key Beach, shopping and dining, Sarasota Memorial Hospital, downtown cultural arts and Sarasota International Airport are all 10-30 minutes from your new home! This is a must-see home that speaks for itself. Schedule your tour today and envision yourself in the embodiment of luxury, comfort, and natural beauty.

Last Agent to Sell the Property

Melodie Palmer

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #3441826 Listed on: 06/21/2024

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Co-Listed By

Wally Palmer

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #3441111

Last Buyer's Agent

Marina Solo

KW SUNCOAST License #3299192

KW SUNCOAST

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,803

Year Built

  • Built in 1994

Lot Details

  • 0.33 Acre Lot
  • Southwest Facing Home
  • Mature Landscaping
  • Private Lot
  • Well Sprinkler System
  • Oak Trees
  • Property is zoned RSF2

HOA Fees

  • $153 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Ground Level Parking
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway
  • Off-Street Parking

Home Design

  • Block Foundation
  • Slab Foundation
  • Tile Roof
  • Cement Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,891 Sq Ft Home
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Tinted Windows
  • Display Windows
  • Sliding Doors
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Inside Utility
  • Lake Views
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate
  • Fire and Smoke Detector

Outdoor Features

  • Tennis Courts
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Rain Gutters
  • Private Mailbox

Location

  • Property is near golf course

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Water Filtration System
  • 1 Water Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • $178 Other Monthly Fees
  • Lidia Schmidt, HOA Treasurer Association, Phone Number (614) 507-5225
  • Built by TODD JOHNSTON
  • Palacio Subdivision, Abbey Floorplan
  • Prestancia Community

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,803

Year Built

Built in 1994

Lot Details

0.33 Acres

HOA Fees

$153 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Cement Siding, Stucco
  • Fireplace: Yes
  • Living Area: 2891
  • Lot Size Acres: 0.33
  • New Construction: No
  • Year Built: 1994
  • Building Area Total: 4070
  • Lot Size Sq Ft: 14353
  • Status: Sold
  • Co List Office Mls Id: MFR281519790
  • Co List Office Phone: 941-364-4000
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 378.12
  • Escrow State: FL
  • Minimum Lease: 6 Months
  • RATIO Current Price By Calculate: 269.80
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Other Fees Amount: 2140
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-364-4000
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room, Gas
  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Attic Fan, Built-in Features, Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Split Bedroom, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer, Water Filtration System
  • Foundation Details: Block, Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Window Features: Display Windows, Tinted Windows
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Attic,Breakfast Room Separate,Den/Library/Office,Formal Dining Room Separate,Formal Living Room Separate,Great Room,Inside Utility
  • Living Area Meters: 268.58

Exterior Features

  • Direction Faces: Southwest
  • Exterior Features: Irrigation System, Lighting, Private Mailbox, Rain Gutters, Sidewalk, Sliding Doors, Tennis Court(s)
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Patio, Rear Porch, Screened, Side Porch
  • Road Surface Type: Paved
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12115C0163G

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Driveway, Garage Door Opener, Garage Faces Side, Ground Level, Off Street

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Sprinkler Well, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public, Well
  • Number of Wells: 1

Condo/Co-op/Association

  • Association Fee: 1840
  • Association Fee Frequency: Annually
  • Association Name: Lidia Schmidt, HOA Treasurer
  • Phone: 614-507-5225
  • Association: Yes
  • Security: Gated Community, Security Gate, Security System, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Complex Community Name Nccb: PRESTANCIA
  • Association Fee Requirement: Required
  • Association Email: 179d@aol.com

Fee Information

  • Total Annual Fees: 3980.00
  • Total Monthly Fees: 331.67
  • Other Fees Term: Annual
  • Monthly HOA Amount: 153.33

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0113070008
  • Additional Parcels: No
  • Lot Features: In County, Landscaped, Near Golf Course, Sidewalk, Paved, Private
  • Flood Zone Code: X

Building Info

  • Builder Name: TODD JOHNSTON

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Check with HOA for changes

Tax Info

  • Tax Annual Amount: 5803
  • Tax Book Number: 35-2
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Jul 15, 2024
Sold by
Holmes Charles W
Bought by
Richard Todd A and Richard Pamela M
Seller's Agent
Melodie Palmer
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Marina Solo
KW SUNCOAST
List Price
$775,000
Sold Price
$780,000
Premium/Discount to List
$5,000
0.65%
Views
5
Current Estimated Value
$848,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,279
Avg. Annual Appreciation
5.15%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Richard Todd A $780,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2024 07/15/24 Sold $780,000 +0.6% $270 / Sq Ft
06/22/2024 06/22/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $775,000 -- $268 / Sq Ft
Source: Stellar MLS

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 $6,026 $523,621 -- --
2024 $5,803 $494,023 -- --
2023 $5,803 $479,634 $0 $0
2022 $5,655 $465,664 $0 $0
2021 $5,629 $452,101 $0 $0
2020 $5,649 $445,859 $0 $0
2019 $5,468 $435,835 $0 $0
2018 $4,792 $382,730 $0 $0
2017 $4,772 $374,858 $0 $0
2016 $4,748 $502,200 $156,900 $345,300
2015 $4,833 $444,900 $129,900 $315,000
2014 $4,852 $356,357 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4614654

Stellar MLS

APN: 0113-07-0008

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