NOT LISTED FOR SALE

5069 Timber Chase Way Sarasota, FL 34238

Estimated Value: $608,224 - $664,000

3 Beds
2 Baths
2,024 Sq Ft
$314/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $655,000 $324 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,114/month

4 Days on Market

Highlights

  • Screened Pool
  • Gated Community
  • Florida Architecture
  • Ashton Elementary School Rated A
  • Clubhouse
  • High Ceiling

About This Home

As of November 2022

Come live the Florida lifestyle to the fullest in this super clean and very well maintained BFM built 3 bedroom plus 2 bath home behind the gates of beautiful Turtle Rock Palmer Ranch with its miles of scenic walking trails, community center, a geothermal heated community pool, tennis courts, mature landscape and gorgeous vistas throughout the subdivision. The pleasant experience continues as you approach this wonderful property with its appealing curb appeal and its elegant front elevation design. Equipped with hurricane shutters throughout for peace of mind, this lovely home will not disappoint. As you enter the double entry doorway you are initially greeted with a very smart, split floor plan with the owner's suite on one side and the guest rooms on the other, assuring additional privacy for the owners, family members and guests alike. Rooms with tall ceilings for that " spacious feel" filled with natural light all throughout the residence. Wait till you see the beautifully updated kitchen with wood cabinets, quartz counter tops with matching back splash, stainless steel appliances ( including a natural gas stove) to boot. Other great features include updated bathrooms with quartz counter tops as well, a spacious laundry room with a laundry sink and additional storage area, Epoxy coated garage flooring for that extra sense of cleanliness and easier maintenance. Grab you favorite book and drink of choice and come on out to the roomy all screened in lanai area over looking your very own resurfaced private pool. Grill your favorite dish with the convenient natural gas line hooked up to the grill (No need to change Propane gas tanks here:) Its location is the icing on the cake, all within a short distance to shopping, great dining and world class entertainment, not to mention the ever so popular Legacy Trail is just around the corner and the world famous Siesta Key Beach just minutes away. Make an appointment today before it's too late!

Last Agent to Sell the Property

Claude Pierre

CP REALTY INTERNATIONAL License #3189183 Listed on: 10/06/2022

Last Buyer's Agent

Carissa Tomer

REAL BROKER, LLC License #3547560

REAL BROKER, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,567

Year Built

  • Built in 1997

Lot Details

  • 10,088 Sq Ft Lot
  • Property fronts a private road
  • South Facing Home
  • Mature Landscaping
  • Property is zoned RSF1

HOA Fees

  • $160 Monthly HOA Fees

Parking

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

Home Design

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

Interior Spaces

  • 2,024 Sq Ft Home
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Screened Pool
  • In Ground Pool
  • Gunite Pool
  • Fence Around Pool
  • Pool Lighting

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Thermostat
  • Underground Utilities
  • Private Sewer
  • Fiber Optics Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, manager, private road
  • Ed Olson Association, Phone Number (941) 921-3865
  • Visit Association Website
  • Turtle Rock Community
  • Turtle Rock Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to building or community restrictions, deed restrictions, fencing
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Community Playground
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,567

Year Built

Built in 1997

Lot Details

0

HOA Fees

$160 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Manager, Private Road
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2024
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1997
  • Building Area Total: 2785
  • Lot Size Sq Ft: 10088
  • Directions to Property: Central Sarasota Parkway to Turtle Rock Blvd. ( South Gate) Go north on Turtle Rock Blvd to Timber Chase way . go right to house.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4548917?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4548917?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.00924
  • Price per Sq Ft: 323.62
  • Close to Original List Price Ratio: 1.00924
  • Ratio: Current Price\Building Area Total: 235.19
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Kitchen/Family Room Combo, Solid Surface Counters, Stone Counters, Thermostat, Tray Ceiling(s)
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 5069
  • Room Count: 7
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Pool Features: Gunite, In Ground, Lighting, Screen Enclosure
  • Exterior Features: Hurricane Shutters, Irrigation System, Lighting, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • Road Frontage Type: Private Road
  • Waterfront: No
  • Patio and Porch Features: Covered, Screened
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0227F
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Fiber Optics, Natural Gas Available, Natural Gas Connected, Phone Available, Public, Sewer Connected, Sprinkler Recycled, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: Laundry Room
  • Sewer: Private Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Gated Community, Irrigation-Reclaimed Water, Playground, Pool, Sidewalk, Special Community Restrictions, Tennis Courts
  • Association Amenities: Basketball Court, Clubhouse, Fence Restrictions, Gated, Pickleball Court(s), Playground, Tennis Court(s), Trail(s)
  • Association Fee: 480
  • Association Fee Frequency: Quarterly
  • Association Name: Ed Olson
  • Phone: 941-921-3865
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association Website: www.myturtlerock.com
  • Association Email: Ed@sunstatemanagement.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 1920
  • Monthly HOA Fee: 160
  • Total Monthly Fees: 160

Schools

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

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0121160016
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 3 Months
  • Approval Process: See HOA docs
  • Num Timesper Year: 2
  • Pet Restrictions: See HOA docs
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See HOA docs

Tax Info

  • Tax Annual Amount: 3567
  • Tax Block: E
  • Tax Book Number: 37-40
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Nov 30, 2022
Sold by
Gates Alan and Gates Mary Ann
Bought by
Gallo Gerald W and Gallo Nicole S
Seller's Agent
Claude Pierre
CP REALTY INTERNATIONAL
Buyer's Agent
Carissa Tomer
REAL BROKER, LLC
List Price
$649,000
Sold Price
$655,000
Premium/Discount to List
$6,000
0.92%
Views
16
Current Estimated Value
$635,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,194
Avg. Annual Appreciation
-0.84%
Original Mortgage
$455,000
Outstanding Balance
$443,586
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$196,460

Purchase Details

Closed on
Apr 21, 1997
Sold by
Palmer Ranch Dev Ltd
Bought by
Gates Alan and Gates Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,400
Interest Rate
7.85%
Source: Public Records

Range of Values:

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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
Gallo Gerald W $655,000 --
Gates Alan $43,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallo Gerald W $455,000
Previous Owner Gates Alan $154,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $655,000 +0.9% $324 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $649,000 -- $321 / 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 $5,956 $492,100 $125,300 $366,800
2023 $5,956 $500,500 $125,300 $375,200
2022 $890 $299,995 $0 $0
2021 $3,567 $291,257 $0 $0
2020 $3,572 $287,236 $0 $0
2019 $3,445 $280,778 $0 $0
2018 $0 $275,543 $0 $0
2017 $3,344 $269,876 $0 $0
2016 $3,340 $336,500 $106,000 $230,500
2015 $3,398 $320,700 $97,700 $223,000
2014 $3,385 $256,557 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4548917

Stellar MLS

APN: 0121-16-0016