NOT LISTED FOR SALE

4245 Palacio Dr Sarasota, FL 34238

Estimated Value: $957,000 - $1,119,000

3 Beds
3.5 Baths
2,728 Sq Ft
$381/Sq Ft Est. Value

Last Sold March 10, 2020

Last sale price $680,000 $249 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $6,202/month

19 Days on Market

Highlights

  • 156 Feet of Waterfront
  • Golf Course Community
  • Oak Trees
  • Riverview High School Rated A
  • Fitness Center
  • Screened Pool

About This Home

As of March 2020

Welcome to this elegant, impeccably maintained 3 Bed/3 ½ Bath Prestancia home located on an expansive corner lot.! Enter from the circular driveway and find yourself in a very spacious, light & bright dining/living area. Soaring ceilings, crown molding & skylights complete the picture! Enter the delightful kitchen, that has granite counter tops, SS appliances and overlooks the spectacular pool & lanai area. The open-concept kitchen opens up to the family room boasting a cozy fireplace of genuine coral and a relaxing pool view! The left side of this ideal split plan home also offers 2 Bedrooms & 2 Baths (one en-suite leading to the pool area). This layout is perfect for the utmost privacy for your family and guests! To the right of the home entryway, you will find a handsome office/den with custom built-in cabinetry followed by a guest bath. The expansive Master Bedroom opens w/ sliders to the pool/lanai area, Master Bath has been totally redone with gorgeous finishes. The outdoor entertaining spaces will amaze your guests and everyone will enjoy the 2 waterfalls, covered lanai, built-in grill w/sink and outdoor shower. The Master Bedroom features an en-suite bathroom with double sinks, separate shower and a roomy tub. Enjoy all of the amenities of living in this renowned gated community, including an optional membership at the TPC Prestancia Golf Club, featuring 2–18 hole golf courses. Ideally located close to shopping, dining and beautiful beaches. Put this home at the very top of your list

Last Agent to Sell the Property

Christine Kramer

COMPASS FLORIDA LLC License #3275196 Listed on: 12/31/2019

COMPASS FLORIDA LLC

Last Buyer's Agent

Kelly Quigley

MICHAEL SAUNDERS & COMPANY License #3096483

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,398

Year Built

  • Built in 1994

Lot Details

  • 0.36 Acre Lot
  • 156 Feet of Waterfront
  • Lake Front
  • East Facing Home
  • Corner Lot
  • Irrigation
  • Oak Trees
  • Property is zoned RSF2

HOA Fees

  • $177 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Circular Driveway
  • Open Parking

Property Views

  • Lake
  • Pool

Home Design

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

Interior Spaces

  • 2,728 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Window Treatments
  • Sliding Doors
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Inside Utility
  • Attic

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Fire and Smoke Detector

Pool

  • Screened Pool
  • Gunite Pool
  • Fence Around Pool
  • Outdoor Shower
  • Pool Sweep
  • Pool Lighting
  • Heated Spa

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Location

  • Property is near golf course

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, escrow reserves fund, security, sewer
  • $142 Other Monthly Fees
  • Barlow Group Association, Phone Number (941) 927-1946
  • Prestancia Community
  • Prestancia Subdivision
  • The community has rules related to allowable golf cart usage in the community
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Racquetball
  • Fitness Center
  • Community Pool

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,398

Year Built

Built in 1994

Lot Details

0.36 Acres

HOA Fees

$177 per month

Parking

3

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Escrow Reserves Fund, Security, Sewer
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2728
  • Lot Size Acres: 0.36
  • New Construction: No
  • Year Built: 1994
  • Building Area Total: 3861
  • Lot Size Sq Ft: 15477
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4454984?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4454984?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: Yes
  • Other Fees Amount: 425
  • Property Description: Corner Unit
  • Call Center Phone Number: 941-308-7777
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.97282
  • Price per Sq Ft: 249.27
  • Close to Original List Price Ratio: 0.97282
  • Ratio: Current Price\Building Area Total: 176.12
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Electric, Family Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Kitchen/Family Room Combo, Master Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated
  • Stories: 1
  • Window Features: Window Treatments
  • Room Count: 7
  • Additional Rooms: Attic, Formal Living Room Separate, Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite, Heated, Lighting, Pool Sweep, Screen Enclosure
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Rain Gutters, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Pool, Water
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed, Rear Porch, Screened
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Waterfront Frontage: 156
  • Water Frontage Feet Lake: 156
  • Disclosures: Seller Property Disclosure

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fitness, Gated Community, Golf Carts OK, Golf, Pool, Racquetball, Tennis Courts
  • Association Amenities: Clubhouse, Fitness Center, Gated, Golf Course, Security
  • Association Fee: 530
  • Association Fee Frequency: Quarterly
  • Association Name: Barlow Group
  • Phone: 941-927-1946
  • Association: Yes
  • Security: Gated Community, Security Gate, Smoke Detector(s)
  • Senior Community: No
  • Other Fees Term: Quarterly
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 3820
  • Monthly HOA Fee: 176.67
  • Total Monthly Fees: 318.33

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0113070009
  • Additional Parcels: No
  • Lot Features: Corner Lot, In County, Near Golf Course
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Minimum Lease: 6 Months
  • Approval Process: See additional docs
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See additional docs

Tax Info

  • Tax Annual Amount: 6398.14
  • Tax Book Number: 35-2
  • Tax Lot: 9

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2019
Closed on
Mar 10, 2020
Sold by
Child Lincoln B and Child Luz N
Bought by
Williard Robert P and Williard Peggy D
Seller's Agent
Christine Kramer
COMPASS FLORIDA LLC
Buyer's Agent
Kelly Quigley
MICHAEL SAUNDERS & COMPANY
List Price
$699,000
Sold Price
$680,000
Premium/Discount to List
-$19,000
-2.72%
Current Estimated Value
$1,039,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,076
Avg. Annual Appreciation
7.30%
Original Mortgage
$350,000
Outstanding Balance
$307,966
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$731,110

Purchase Details

Closed on
Mar 1, 2016
Sold by
Lance Irene
Bought by
Child Lincoln B and Child Luz N

Purchase Details

Closed on
Jun 15, 1993
Sold by
Leslie Dawn Inc
Bought by
Lance Edward and Lance Irene

Purchase Details

Closed on
Jun 1, 1993
Sold by
15 S Fl Sarasota Inc
Bought by
Leslie Dawn Inc
Source: Public Records
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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
Williard Robert P $680,000 Attorney
Child Lincoln B $655,000 Attorney
Lance Edward $111,500 --
Leslie Dawn Inc $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williard Robert P $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2020 03/10/20 Sold $680,000 -2.7% $249 / Sq Ft
01/19/2020 01/19/20 Pending -- -- --
12/31/2019 12/31/19 For Sale $699,000 -- $256 / 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 $7,414 $631,359 -- --
2024 $7,167 $613,566 -- --
2023 $7,167 $595,695 $0 $0
2022 $6,971 $578,345 $0 $0
2021 $6,951 $561,500 $168,500 $393,000
2020 $6,375 $504,800 $131,000 $373,800
2019 $6,398 $511,334 $0 $0
2018 $6,267 $501,800 $154,800 $347,000
2017 $7,151 $527,500 $154,800 $372,700
2016 $4,981 $570,200 $153,600 $416,600
2015 $5,069 $487,200 $127,100 $360,100
2014 $5,114 $360,041 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4454984

Stellar MLS

APN: 0113-07-0009

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