NOT LISTED FOR SALE

5062 Timber Chase Way Sarasota, FL 34238

Estimated Value: $664,000 - $794,186

4 Beds
3 Baths
2,520 Sq Ft
$290/Sq Ft Est. Value

Last Sold March 09, 2012

Last sale price $438,500 $174 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,450/month

5 Days on Market

Highlights

  • Heated Indoor Pool
  • Custom Home
  • Property is near public transit
  • Ashton Elementary School Rated A
  • Lake View
  • Family Room with Fireplace

About This Home

As of March 2012

Immaculate move-in condition* Custom built by BFM Builders* This 4 bedroom, 3 bath, lake front home popular Turtle Rock features expansive lanai with recently refinished pool & spa* Gas fireplace* Updated kitchen with granite counters & stainless appliances* 3 yr.old 16.5 seer AC system with ultra light & special filter* Gas Tankless Hot water heater* Intercom & stereo throughout* High efficiency washer & dryer* Recently re-plumbed* 3 car garage* Paver brick driveway & walkway* South facing lake views* All bedrooms are generously sized* Neutral colors throughout* Turtle Rock Community is a 24 hr. manned,gated community with 350 acres of nature preserves & lakes & walking paths, tennis, basketball, community heated pool* Located on prestigious Palmer Ranch near shopping,restaurants,golf beaches,YMCA, Legacy Bike Trail & easy access to I-75*

Last Agent to Sell the Property

Cynthia Bowers

COLDWELL BANKER SARASOTA CENT. License #0628059 Listed on: 01/20/2012

COLDWELL BANKER SARASOTA CENT.

Co-Listed By

Michael Bowers

COLDWELL BANKER SARASOTA CENT. License #0620816

Last Buyer's Agent

Tracy Seider

RE/MAX ALLIANCE GROUP License #0403693

RE/MAX ALLIANCE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,042

Year Built

  • Built in 1998

Lot Details

  • 9,708 Sq Ft Lot
  • Property fronts a private road
  • North Facing Home
  • Mature Landscaping
  • Level Lot
  • Landscaped with Trees
  • Property is zoned RSF1

HOA Fees

  • $139 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Custom Home
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,520 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Sliding Doors
  • Family Room with Fireplace
  • Lake Views
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated Indoor Pool
  • Screened Pool
  • Saltwater Pool
  • Vinyl Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Reclaimed Water Irrigation System
  • Property is near public transit

Community Details

  • Turtle Rock Community
  • Turtle Rock Unit 3 Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Legal Lot and Block 7 / E-1
  • Assessor Parcel Number 0121160018

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,042

Year Built

Built in 1998

Lot Details

0

HOA Fees

$139 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2520
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 1998
  • Building Area Total: 3629
  • Lot Size Sq Ft: 9708
  • Directions to Property: From 41 East onto Central Sarasota Pkwy* North into Turtle Rock* Straight on Turtle Rock Blvd to Left on Timber Chase Way* House on the right*
  • Status: Sold
  • 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: 0.97466
  • Price per Sq Ft: 174.01
  • Close to Original List Price Ratio: 0.97466
  • Ratio: Current Price\Building Area Total: 120.83
  • View: Yes
  • Co List Office Mls Id: 281521680
  • Co List Office Phone: 941-966-3602
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: None

Interior Features

  • Fireplace Features: Gas, Family Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Attic, Ceiling Fans(s), Crown Molding, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave Hood, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Spa Yn: Yes
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 5062
  • Room Count: 8
  • Additional Rooms: Attic
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Pool Features: Heated, Indoor, Salt Water, Screen Enclosure, Vinyl
  • Exterior Features: Irrigation System, Lighting, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • Road Frontage Type: Private Road
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Screened
  • Road Surface Type: Paved
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 418
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Smoke Detector(s)
  • Association Fee Requirement: Required

Fee Information

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

Schools

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

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0121160018
  • Additional Parcels: No
  • Lot Features: In County, Level, Near Public Transit, Sidewalk
  • Millage Rate: 13.15
  • Future Land Use: 0100
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2012-03-09T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 4042
  • Tax Block: E-1
  • Tax Book Number: 0037/0040
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2013
Sold by
Griffin Douglas D and Griffin Paula Y
Bought by
Griffin Douglas D and Griffin Paula Y
Current Estimated Value
$732,047

Purchase Details

Listed on
Jan 20, 2012
Closed on
Mar 9, 2012
Sold by
Knapp Dennis A and Knapp Peggy L
Bought by
Griffin Douglas D and Griffin Paula Y
Seller's Agent
Cynthia Bowers
COLDWELL BANKER SARASOTA CENT.
Buyer's Agent
Tracy Seider
RE/MAX ALLIANCE GROUP
List Price
$438,500
Sold Price
$438,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.83%
Original Mortgage
$300,000
Outstanding Balance
$207,352
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$524,695

Purchase Details

Closed on
Apr 10, 1997
Sold by
Palmer Ranch Dev Ltd
Bought by
Knapp Dennis A and Knapp Peggy L
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
Griffin Douglas D -- Attorney
Griffin Douglas D $438,500 Desjarlais Title Company
Knapp Dennis A $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffin Douglas D $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2012 03/09/12 Sold $438,500 0.0% $174 / Sq Ft
01/26/2012 01/26/12 Pending -- -- --
01/20/2012 01/20/12 For Sale $438,500 -- $174 / 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 $5,307 $451,311 -- --
2023 $5,307 $438,166 $0 $0
2022 $5,143 $425,404 $0 $0
2021 $5,095 $413,014 $0 $0
2020 $5,020 $399,817 $0 $0
2019 $4,855 $390,828 $0 $0
2018 $4,625 $373,648 $0 $0
2017 $4,605 $365,963 $0 $0
2016 $4,615 $420,900 $105,300 $315,600
2015 $4,698 $404,800 $97,000 $307,800
2014 $4,680 $347,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3954639

Stellar MLS

APN: 0121-16-0018