NOT LISTED FOR SALE

5050 Timber Chase Way Sarasota, FL 34238

Estimated Value: $659,000 - $771,868

3 Beds
2 Baths
2,228 Sq Ft
$325/Sq Ft Est. Value

Last Sold November 30, 2012

Last sale price $417,000 $187 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $4,399/month

10 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Gated Community
  • Deck
  • Ashton Elementary School Rated A
  • Lake View
  • Contemporary Architecture

About This Home

As of November 2012

This custom Lee Wetherington built home is not to be missed. Fantastic Hardwood Cabinets and beautiful granite counters compliment one another. Spectacular hard to find southern exposure overlooking expansive lake. Impact glass sliders lead out to your 44 foot covered lanai with its own summer kitchen and stainless steel built-in grill for sumptuous outdoor entertaining. Custom Flooring in Master Bedroom, plantation shutters,and 2 walk-in closets for plenty of storage. Separate jetted tub and Roman walk-in shower in Master bath, along with his and hers dual sinks and vanities. Custom front entry with outdoor lighting, upgraded Coach lites for the 3 car garage. Family room with custom Built-in entertainment unit for relaxing with a good book or just watching your favorite TV program. Community has Heated Pool , clubhouse with kitchen Facilities, Tennis Courts and basketball, Play yard for tots. Practically next door to the famous Legacy Trail Biking and hiking path for your fitness activities, and for shopping, there is the Palmer Ranch Food shops,restauarants, golf and easy access to beaches and I-75.

Last Agent to Sell the Property

Arnold Kaufman

License #3045595 Listed on: 10/18/2012

Last Buyer's Agent

Linda Bastian

COLDWELL BANKER SARASOTA CENT. License #3031610

COLDWELL BANKER SARASOTA CENT.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,638

Year Built

  • Built in 1998

Lot Details

  • 9,708 Sq Ft Lot
  • 80 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • North Facing Home
  • Mature Landscaping
  • Landscaped with Trees
  • Property is zoned RSF1

HOA Fees

  • $138 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Rear-Facing Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Guest Parking
  • Open Parking
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Florida Architecture
  • Planned Development
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,228 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Rods
  • Sliding Doors
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Breakfast Room
  • Formal Dining Room
  • Inside Utility
  • Lake Views

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Central Air
  • Heating Available
  • Underground Utilities
  • Electric Water Heater
  • Water Softener is Owned
  • Cable TV Available

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
  • Recreation Facilities
  • Community Pool

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,638

Year Built

Built in 1998

Lot Details

0

HOA Fees

$138 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2228
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 1998
  • Building Area Total: 3870
  • Lot Size Sq Ft: 9708
  • Directions to Property: From 41 North, take Central Sarasota Pkwy, Left into Turtle Rock. Fifth Right onto Timber Chase Way, House on Right.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=N5778115&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=N5778115&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
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.94989
  • Price per Sq Ft: 187.16
  • Close to Original List Price Ratio: 0.94989
  • Ratio: Current Price\Building Area Total: 107.75
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Kitchen/Family Room Combo, Master Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Microwave Hood, Oven, Range, Washer, Water Softener Owned
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds, Rods, Window Treatments
  • Street Number Modifier: 5050
  • Room Count: 9
  • Additional Rooms: Breakfast Room Separate, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Other Structures: Outdoor Kitchen
  • Exterior Features: Hurricane Shutters, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Rain Gutters, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Waterfront Frontage: 80

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Rear, Garage Faces Side, Guest, Off Street
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Public, Sprinkler Meter, Sprinkler Recycled, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Gated Community, Irrigation-Reclaimed Water, Pool, Tennis Courts
  • Association Amenities: Gated, Recreation Facilities, Security, Tennis Court(s)
  • Association Fee: 413
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1652
  • Total Monthly Fees: 137.67

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0121160020
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk
  • Millage Rate: 13.15
  • Future Land Use: 0100
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Expected Lease Date: 2012-11-30T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 3638
  • Tax Block: E-1
  • Tax Book Number: 0037/0040
  • Tax Lot: 5

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2024
Sold by
Zelenak Mark D and Zelenak Tammy S
Bought by
Mark And Tammy Zelenak Revocable Trust and Zelenak
Current Estimated Value
$724,717

Purchase Details

Closed on
Dec 29, 2017
Sold by
Deutsche Bank National Trust Company
Bought by
Iskander Sherif and Iskander Vivian

Purchase Details

Closed on
Jul 11, 2017
Sold by
Eisenberg Robert L and Batez Eisenberg Sandra
Bought by
Deutsche Bank National Trust Company

Purchase Details

Listed on
Oct 18, 2012
Closed on
Nov 30, 2012
Sold by
Boedeker William F and Boedeker Dolores M
Bought by
Zelenak Mark D and Zelenak Tammy S
Seller's Agent
Arnold Kaufman
Buyer's Agent
Linda Bastian
COLDWELL BANKER SARASOTA CENT.
List Price
$439,000
Sold Price
$417,000
Premium/Discount to List
-$22,000
-5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%
Original Mortgage
$333,600
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2011
Sold by
Faeth Lawrence and Faeth Joyce A
Bought by
Boedeker William F and Boedeker Dolores M

Purchase Details

Closed on
May 29, 1997
Sold by
Palmer Ranch Dev Ltd
Bought by
Faeth Lawrence and Faeth Joyce A
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
Mark And Tammy Zelenak Revocable Trust $100 None Listed On Document
Iskander Sherif $387,000 Attorney
Deutsche Bank National Trust Company $420,201 None Available
Zelenak Mark D $417,000 Attorney
Boedeker William F $412,500 Sunbelt Title Agency
Faeth Lawrence $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zelenak Mark D $333,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2012 11/30/12 Sold $417,000 -5.0% $187 / Sq Ft
10/29/2012 10/29/12 Pending -- -- --
10/18/2012 10/18/12 For Sale $439,000 -- $197 / 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 $5,161 $439,467 -- --
2023 $5,161 $426,667 $0 $0
2022 $4,997 $414,240 $0 $0
2021 $4,950 $402,175 $0 $0
2020 $4,967 $396,622 $0 $0
2019 $4,787 $386,336 $0 $0
2018 $4,681 $379,132 $0 $0
2017 $4,661 $371,334 $0 $0
2016 $4,697 $421,100 $105,300 $315,800
2015 $4,780 $403,200 $97,000 $306,200
2014 $4,763 $322,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N5778115

Stellar MLS

APN: 0121-16-0020