NOT LISTED FOR SALE

Estimated Value: $1,019,000 - $1,061,830

3 Beds
4 Baths
2,369 Sq Ft
$437/Sq Ft Est. Value

Last Sold December 06, 2024

Last sale price $1,050,000 $443 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,986/month

About This Home

As of December 2024

HIGH AND DRY!!! This townhouse was NOT damaged or affected by the recent hurricanes. Welcome to this 3-bedroom, 3.5-bath townhouse, perfectly nestled in the desirable downtown community of Payne Park Village. Built by the reputable David Weekly Homes, this stunning Gilden model blends vibrant lifestyle spaces with top-quality craftsmanship, offering 2,334 sq. ft. of luxury living—step inside to discover a light-filled, open-concept design perfect for both everyday living and entertaining. The chef’s kitchen features a spacious cooking-and-dining island with gorgeous light quartz countertops, stainless steel appliances, a farmhouse sink, a full pantry, and elegant 42" light grey cabinets, creating the perfect ambiance for casual meals or lively gatherings. The second-floor family room opens up to a private balcony, perfect for enjoying Sarasota’s breezy evenings and the serene views of Payne Park during Golden Hour. Each of the three spacious bedrooms offers its own private bath and ample closet space, while the master suite enjoys direct views of the 29-acre Payne Park and serves as a true retreat with its spa-like bathroom featuring a soaking tub, separate shower, and dual vanities. On the third floor, you'll find the convenience of a fully equipped laundry room with high-end appliances and plenty of storage for cleaning supplies. The oversized two-car garage comes with a storage closet for extra belongings. Payne Park Village offers a range of amenities, including a sparkling community pool, jacuzzi, a covered lanai, and a turfed play area. The community has low HOA fees and no CDD fee, this community makes luxurious living both accessible and affordable. Positioned directly across from the lush 29-acre Payne Park, you’ll enjoy access to its tree-lined paths, disc golf course, pet-friendly green spaces, and a wide range of public amenities including tennis courts, a skate park, and the popular Circus Park playground. The nearby 18-mile Legacy Trail is a haven for outdoor enthusiasts, connecting you to miles of scenic walking, biking, and skating opportunities from Downtown Sarasota to Venice. Downtown Sarasota is the vibrant heart of the city, offering residents a perfect blend of cultural, culinary, and coastal living. With a thriving arts scene that includes theaters, galleries, and the renowned Sarasota Opera House, it’s a hub for creativity and entertainment. Residents enjoy an eclectic mix of upscale restaurants, chic cafes, and boutique shops, all within walking distance. The waterfront offers stunning views of Sarasota Bay, with access to beautiful parks and marinas. The proximity to top-rated beaches, including Lido Key and Siesta Key, adds to the area's appeal, making Downtown Sarasota a prime destination for those seeking an active and sophisticated lifestyle.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Dec 5, 2024
Sold by
Carter Nathaniel P and Carter Jennifer C
Bought by
Ferraro Robert R and Ferraro Leslie A
Seller's Agent
Janette Schafer
COLDWELL BANKER REALTY
Buyer's Agent
William Glade
WILLIAM GLADE LIC. REAL ESTATE BROKER
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%
Views
5
Current Estimated Value
$1,037,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,617
Avg. Annual Appreciation
-2.24%
Original Mortgage
$400,000
Outstanding Balance
$397,170
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$637,038

Purchase Details

Closed on
Oct 6, 2022
Sold by
Carter Nathaniel Patrick and Carter Jennifer Chri
Bought by
Carter Family Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ferraro Robert R $1,050,000 None Listed On Document
Carter Family Trust $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferraro Robert R $400,000
Previous Owner Carter Nathaniel Patrick $507,254
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2024 12/06/24 Sold $1,050,000 -4.5% $443 / Sq Ft
10/22/2024 10/22/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $1,100,000 +73.5% $464 / Sq Ft
12/30/2020 12/30/20 Sold $634,067 -2.5% $272 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
11/18/2020 11/18/20 Price Changed $650,617 +1.6% $279 / Sq Ft
10/19/2020 10/19/20 For Sale $640,617 -- $274 / Sq Ft

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 $9,005 $594,957 -- --
2023 $9,005 $646,000 $279,200 $366,800
2022 $8,155 $574,900 $207,200 $367,700
2021 $7,188 $447,000 $162,100 $284,900
2020 $816 $49,700 $49,700 $0
2019 $814 $49,700 $49,700 $0
Source: Public Records

Agents Affiliated with this Home

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