NOT LISTED FOR SALE

5045 Timber Chase Way Sarasota, FL 34238

Estimated Value: $533,089 - $717,000

3 Beds
2 Baths
2,110 Sq Ft
$297/Sq Ft Est. Value

Last Sold March 14, 2012

Last sale price $286,000 $136 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $3,914/month

249 Days on Market

Highlights

  • Gated Community
  • Open Floorplan
  • Solid Surface Countertops
  • Ashton Elementary School Rated A
  • Traditional Architecture
  • Community Pool

About This Home

As of March 2012

Price Reduced! Lovely and meticulously maintained, this Lee Wetherington built home is located in the Prestigious Gated Community of Turtle Rock and perfectly situated in a Tropical Paradise. Totally Private, this 3 Bedroom + Office split model withextended lanai overlooks a Garden Paradise boasting a multi-tiered Waterfall and flowering plants throughout the year. This private lot can easily accommodate a spacious pool! Living Room, Dining Room, Family Room, and Kitchen are all generous with manyupgrades. Upgrades include Crown Molding, Trey Ceilings, Den w/ Built-in Computer Desk/Cabinets, Dual Walk-In Closets in Master, Ground Cover Lights (Front/Rear), Open Floor Plan, Security System, Vaulted Ceilings, and much more.... Gated Turtle Rock, within Palmer Ranch, is well known for Luxurious Florida Living, Community Heated Pool, Tennis, Basketball, Tot Play Yard, and 250 acres of Lakes, Preserves, Nature Trails and 24-Hour Man Gated Security. Property located in section of Turtle Rock withvery reasonable HOA Fees! Legacy Trail is just around the corner and the white beaches of Siesta Key are just minutes away. The entire home has far too many features to list but shows extremely well to clients looking to purchase a quality home in this price range.

Last Agent to Sell the Property

Nancy Eilerson

RE/MAX ALLIANCE GROUP License #3057079 Listed on: 05/06/2011

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Kim Klee

COLDWELL BANKER REALTY License #3142970

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,059

Year Built

  • Built in 1998

Lot Details

  • 10,087 Sq Ft Lot
  • Property fronts a private road
  • Southwest Facing Home
  • Property is zoned RSF1

HOA Fees

  • $139 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,110 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Tray Ceiling
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Den
  • Inside Utility
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

Community Details

Overview

  • Turtle Rock Community
  • Turtle Rock Unit 3 Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,059

Year Built

Built in 1998

Lot Details

0

HOA Fees

$139 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2110
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1998
  • Building Area Total: 2686
  • Lot Size Sq Ft: 10087
  • Directions to Property: US 41 to Left on Central Sarasota Parkway*Left on Turtle Rock Blvd*Right on Timber Chase Way to Home @ 5045 Timber Chase Way
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3943197&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3943197&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 2608
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.95652
  • Price per Sq Ft: 135.55
  • Close to Original List Price Ratio: 0.86693
  • Ratio: Current Price\Building Area Total: 106.48
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2010
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Window Treatments
  • Street Number Modifier: 5045
  • Room Count: 11
  • Additional Rooms: Den/Library/Office, Foyer, Inside Utility
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: Southwest
  • Roof: Tile
  • Pool Private: No
  • Road Frontage Type: Private Road
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Gas, Sprinkler Recycled
  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Gated Community, Playground, Pool, Tennis Courts
  • Association Amenities: Gated, Playground, Tennis Court(s)
  • Association Fee: 418
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Gated Community, Security System Owned
  • S W Subdiv Condo Num: 434
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1672
  • Total Monthly Fees: 139.33

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0121160012
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk
  • Millage Rate: 13.55
  • Future Land Use: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2012-03-14T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 3059
  • Tax Block: E-1
  • Tax Book Number: 0037/0040
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2011
Closed on
Mar 14, 2012
Sold by
Ford John A and Ford Katherine M
Bought by
Pesota John P and Pesota Joanne M
Seller's Agent
Nancy Eilerson
RE/MAX ALLIANCE GROUP
Buyer's Agent
Kim Klee
COLDWELL BANKER REALTY
List Price
$286,000
Sold Price
$286,000
Current Estimated Value
$626,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,522
Avg. Annual Appreciation
5.94%
Original Mortgage
$220,000
Outstanding Balance
$26,973
Interest Rate
3.16%
Mortgage Type
New Conventional
Estimated Equity
$599,549

Purchase Details

Closed on
Apr 30, 2007
Sold by
Spicer Carl C and Spicer Joanne M
Bought by
Ford John A and Ford Katherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 1997
Sold by
Palmer Ranch Dev Ltd
Bought by
Spicer Carl C and Spicer Jo Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.17%
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
Pesota John P $286,000 Sunbelt Title Agency
Ford John A $450,000 Attorney
Spicer Carl C $43,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pesota John P $220,000
Previous Owner Ford John A $290,000
Previous Owner Spicer Carl C $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2012 03/14/12 Sold $286,000 0.0% $136 / Sq Ft
01/11/2012 01/11/12 Pending -- -- --
05/06/2011 05/06/11 For Sale $286,000 -- $136 / 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 $5,550 $413,808 -- --
2023 $5,550 $476,300 $125,300 $351,000
2022 $5,234 $456,300 $119,900 $336,400
2021 $4,250 $310,900 $90,200 $220,700
2020 $4,009 $286,100 $76,700 $209,400
2019 $4,172 $303,100 $87,200 $215,900
2018 $4,017 $292,200 $80,800 $211,400
2017 $4,145 $297,100 $100,100 $197,000
2016 $4,590 $326,100 $106,000 $220,100
2015 $4,468 $308,300 $97,700 $210,600
2014 $4,187 $270,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3943197

Stellar MLS

APN: 0121-16-0012