NOT LISTED FOR SALE

5056 Timber Chase Way Sarasota, FL 34238

Estimated Value: $663,000 - $810,000

4 Beds
3 Baths
2,534 Sq Ft
$296/Sq Ft Est. Value

Last Sold January 12, 2018

Last sale price $489,900 $193 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,532/month

3 Days on Market

Highlights

  • 140 Feet of Waterfront
  • Access To Pond
  • Gated Community
  • Ashton Elementary School Rated A
  • Screened Pool
  • Lake View

About This Home

As of January 2018

Come live the Florida lifestyle to its fullest in this beautiful and very well maintained WATERFRONT HOME located behind the gates of glamorous Turtle Rock,Palmer Ranch.Over 2500 square feet of comfort under air awaits you in this wonderful 4 bedroom(4th bedroom is currently set up as an office) 3 bath + pool, residence.The curb appeal is just the beginning as you pull up to the spacious driveway leading to a roomy 3 car garage.This elegant home is filled with outstanding benefits and is ready for its next privileged owners.THE SOUTHERN EXPOSURE is an outstanding feature in itself affording a tremendous amount of natural light throughout the home, not to mention the very comfortable and spacious covered patio area with its freshly resurfaced and solar heated pool, over looking the magnificent LAKE VISTAS from your very own and private, screened in lanai. Additional great features include the recent complete update of high impact, hurricane windows AND doors all throughout the home for great peace of mind and superb energy savings, newer appliances within the last couple of years,complete water filtration system for the whole house for great tasting water, plantation shutters for that added touch of elegance, completely re plumbed , newer AC unit, newer water heater and the list goes on and on ...
Its location is the icing on the cake... All within minutes of great dining, shopping, the great Legacy Trail and of course the beautiful Siesta Key Beaches. Make an appointment today before it's too late !

Last Agent to Sell the Property

Claude Pierre

CP REALTY INTERNATIONAL License #3189183 Listed on: 11/03/2017

Co-Listed By

Angela Striffler-Pierre

CP REALTY INTERNATIONAL License #3257454

Last Buyer's Agent

James Mulvey

RE/MAX PALM REALTY License #3299546

RE/MAX PALM REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,749

Year Built

  • Built in 1997

Lot Details

  • 9,708 Sq Ft Lot
  • 140 Feet of Waterfront
  • 70 Feet of Lake Waterfront
  • Lake Front
  • 70 Feet of Pond Waterfront
  • Property is zoned RSF1

HOA Fees

  • $133 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Lake
  • Pond

Home Design

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

Interior Spaces

  • 2,534 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Screened Pool
  • Solar Heated In Ground Pool
  • Gunite Pool
  • Saltwater Pool
  • Fence Around Pool
  • Pool Lighting

Outdoor Features

  • Access To Pond
  • Access To Lake
  • Deck
  • Enclosed Patio or Porch
  • Rain Gutters

Schools

  • Ashton Elementary School
  • Sarasota Middle School
  • Riverview High School

Utilities

  • Central Heating and Cooling System
  • Water Filtration System
  • Electric Water Heater
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 6 / E
  • Assessor Parcel Number 0121160019

Community Details

Overview

  • Association fees include pool, management, private road, recreational facilities
  • Turtle Rock Community
  • Turtle Rock 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

$4,749

Year Built

Built in 1997

Lot Details

0

HOA Fees

$133 per month

Parking

3

Listing Details

  • HOA Fee Includes: Pool, Management, Private Road, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2534
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 1997
  • Building Area Total: 3564
  • Lot Size Sq Ft: 9708
  • Directions to Property: From US 41, East on Central Sarasota Parkway to Turtle Rock entrance. Go through gate to Timber Chase Way on the right. House will be on the right, the lake side.
  • Status: Sold
  • Co List Office Mls Id: MFR281520950
  • Co List Office Phone: 941-685-8441
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • List Office Head Office Key Nume: 1047693
  • Minimum Lease: 3 Months
  • RATIO Current Price By Calculate: 193.33
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Water Access YN: 1
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator, Water Filter Owned
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Window Features: Window Treatments
  • Street Number Modifier: 5056
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Formal Dining Room Separate,Formal Living Room Separate
  • Room Count: 10

Exterior Features

  • Pool Features: Gunite, In Ground, Lighting, Salt Water, Screen Enclosure, Solar Heat
  • Exterior Features: Sliding Doors, Rain Gutters
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Enclosed, Patio, Porch, Screened
  • Water Access: Lake,Pond
  • Water Extras YN: 0
  • Water View: Lake,Pond
  • Water View YN: 1
  • Waterfront Feet Total: 140
  • Flood Zone Date: 2016-11-04T00:00:00.000
  • Flood Zone Panel: 12115C0227F
  • Water Frontage Feet Lake: 70
  • Water Frontage Feet Pond: 70

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Fiber Optics, Public, Sprinkler Recycled, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Gated, Irrigation-Reclaimed Water, Playground, Pool, Tennis Courts
  • Association Amenities: Gated, Playground, Tennis Court(s)
  • Association Fee: 400
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required

Fee Information

  • Monthly HOA Amount: 133.33

Schools

  • Elementary School: Ashton Elementary
  • High School: Riverview High
  • Middle Or Junior School: Sarasota Middle

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0121160019
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk, Paved
  • Flood Zone Code: X
  • Homestead YN: 1

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See Bylaws

Tax Info

  • Tax Annual Amount: 4749
  • Tax Block: E
  • Tax Book Number: 37-40
  • Tax Lot: 6

Multi Family

  • Waterfront Features: Lake, Pond
  • Approval Process: Only on Rentals

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2022
Sold by
Wilson Seagraves Gary
Bought by
Gary Wilson Seagraves Revocable Trust
Current Estimated Value
$751,142

Purchase Details

Listed on
Nov 3, 2017
Closed on
Jan 12, 2018
Sold by
Wheeler Connie S
Bought by
Seagraves Gary Wilson and Seagraves Darcy Lynn
Seller's Agent
Claude Pierre
CP REALTY INTERNATIONAL
Buyer's Agent
James Mulvey
RE/MAX PALM REALTY
List Price
$499,000
Sold Price
$489,900
Premium/Discount to List
-$9,100
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%
Original Mortgage
$400,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2011
Sold by
Wheeler Conni S and Weeler John
Bought by
Wheeler Conni S

Purchase Details

Closed on
Oct 14, 2010
Sold by
Wheeler Steven R and Wheeler Conni S
Bought by
Wheeler Steven R and Wheeler Conni S

Purchase Details

Closed on
Apr 30, 2008
Sold by
Folkman Thomas D and Folkman Carolyn F
Bought by
Wheeler Steven R and Wheeler Conni S

Purchase Details

Closed on
May 31, 2002
Sold by
Aiello Jerry and Aiello Josephine
Bought by
Folkman Thomas D and Folkman Carolyn F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 1997
Sold by
U S Home Corp
Bought by
Aiello Jerry and Aiello Josephine
Source: Public Records

Range of Values:

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Average Value
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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
Gary Wilson Seagraves Revocable Trust -- Robles Law Pa
Seagraves Gary Wilson $489,900 Platinum Title Llc
Wheeler Conni S -- Attorney
Wheeler Steven R -- Attorney
Wheeler Steven R $540,000 Attorney
Folkman Thomas D $305,000 --
Aiello Jerry $221,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Seagraves Gary Wilson $400,000
Previous Owner Folkman Thomas D $244,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2018 04/12/18 Off Market $489,900 -- --
01/12/2018 01/12/18 Sold $489,900 -1.8% $193 / Sq Ft
11/07/2017 11/07/17 Pending -- -- --
11/03/2017 11/03/17 For Sale $499,000 -- $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 $5,131 $441,437 -- --
2023 $5,131 $428,580 $0 $0
2022 $5,026 $416,097 $0 $0
2021 $4,980 $403,978 $0 $0
2020 $4,997 $398,400 $108,700 $289,700
2019 $4,926 $396,900 $104,300 $292,600
2018 $4,689 $379,700 $92,700 $287,000
2017 $4,669 $371,900 $105,400 $266,500
2016 $4,749 $402,500 $105,300 $297,200
2015 $4,834 $384,000 $97,000 $287,000
2014 $4,816 $318,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4200048

Stellar MLS

APN: 0121-16-0019