NOT LISTED FOR SALE

5099 Timber Chase Way Sarasota, FL 34238

Estimated Value: $697,000 - $748,000

4 Beds
3 Baths
2,460 Sq Ft
$294/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $796,000 $324 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $4,601/month

7 Days on Market

Highlights

  • Water Views
  • Screened Pool
  • Open Floorplan
  • Ashton Elementary School Rated A
  • Gated Community
  • High Ceiling

About This Home

As of May 2022

One or more photo(s) has been virtually staged. Immerse yourself in the Florida lifestyle in this lakefront 4 bedroom 3 bathroom POOL home with the perfect home office complete with built in shelving. set behind the gates of the highly sought after community of Turtle Rock in Palmer Ranch. Upon entry take notice of the immense amount of natural light that streams into the home through its abundance of windows and sliding glass doors that highlight the open floor plan. The living room dining room combo is the perfect place to entertain family and friends! As you continue through the home you will find a second living area and the kitchen that presents a bar with seating, a closet pantry and desk area. Tile floors cover the main living spaces of the home for easy maintenance. The grand owners suite is spacious and features a sliding door to the pool, dual walk-in closets and an en-suite bathroom that includes dual sinks, a walk-in shower and soaking tub. The remaining three bedrooms are located on the other side of the house for added privacy. Two full bathrooms can be found adjacent to the three bedrooms. The two car garage provides plenty of extra storage space. Enjoy the Florida sunshine while lounging in your sparkling private pool or unwind with an evening glass of wine on your lanai looking out to the breathtaking views of the lake. Take full advantage of the abundance of amenities Turtle Rock has to offer! Get in some exercise at the basketball court, tennis courts or on one of the walking and canoe paths that feature fitness equipment throughout. Relax at the community pool or recreation center. Take the kids to the playground and share a family picnic. Or participate in one of the many events put on by the various community clubs. This home is in the coveted Palmer Ranch area of Sarasota that is minutes away from sugar sand beaches as well as endless dining and shopping options. Don’t miss your chance to live the Florida dream! Room Feature: Linen Closet In Bath (Primary Bedroom).

Last Agent to Sell the Property

Toni Zarghami

KW COASTAL LIVING III Brokerage Phone: 941-900-4151 License #3283821 Listed on: 03/24/2022

KW COASTAL LIVING III

Last Buyer's Agent

Rachel Tritschler

RE/MAX ALLIANCE GROUP License #3368249

RE/MAX ALLIANCE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,007

Year Built

  • Built in 1997

Lot Details

  • 10,357 Sq Ft Lot
  • Southwest Facing Home
  • Mature Landscaping
  • Irrigation
  • Property is zoned RSF1

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,460 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Drapes & Rods
  • Sliding Doors
  • Carpet
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Rain Gutters

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat

Listing and Financial Details

Community Details

Overview

  • Bob Kresnik Association, Phone Number (941) 870-9855
  • Turtle Rock Community
  • Turtle Rock Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community

Recreation

  • Recreation Facilities
  • Community Playground
  • Community Pool
  • Park
  • Trails

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,007

Year Built

Built in 1997

Lot Details

0

HOA Fees

$160 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 2460
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1997
  • Building Area Total: 3277
  • Lot Size Sq Ft: 10357
  • Directions to Property: Start out going east on Clark Rd/FL-72 toward Palmer Plaza Blvd. Turn right onto Honore Ave. Pass through 1 roundabout. Turn right onto Palmer Ranch Pkwy. Turn left onto Turtle Rock Blvd. Turn left onto Timber Chase Way. 5099 TIMBER CHASE WAY is on the left.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 203884503
  • Minimum Lease: 3 Months
  • RATIO Current Price By Calculate: 323.58
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 941-900-4151
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Primary Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Stories: 1
  • Window Features: Blinds, Drapes, Rods, Window Treatments
  • Street Number Modifier: 5099
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 228.54
  • Room Count: 8

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: In Ground, Lighting, Screen Enclosure
  • Exterior Features: Irrigation System, Rain Gutters, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: No
  • Road Surface Type: Paved
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated, Golf Carts OK, Park, Playground, Sidewalks
  • Association Amenities: Gated, Pool, Recreation Facilities, Security, Trail(s)
  • Association Fee: 480
  • Association Fee Frequency: Quarterly
  • Association Name: Bob Kresnik
  • Phone: 941-870-9855
  • Association: Yes
  • Senior Community: No
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: communitymanager@myturtlerock.com

Fee Information

  • Total Annual Fees: 1920.00
  • Total Monthly Fees: 160.00
  • Monthly HOA Amount: 160.00

Schools

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

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0119130011
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 962

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: *HOA information to be verified by buyer/buyer’s agent.

Tax Info

  • Tax Annual Amount: 5007
  • Tax Block: E
  • Tax Book Number: 37-40
  • Tax Lot: 26

Multi Family

  • Approval Process: *HOA information to be verified by buyer/buyer’s agent. Lease requires board approval To purchase there is no application but a welcome packet must be submitted

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2022
Closed on
Jun 10, 2022
Sold by
Sadler Ryan C and Sadler Renee
Bought by
Ryan C And Renee D Sadler Trust
Seller's Agent
Toni Zarghami
KW COASTAL LIVING III
Buyer's Agent
Rachel Tritschler
RE/MAX ALLIANCE GROUP
List Price
$850,000
Sold Price
$796,000
Premium/Discount to List
-$54,000
-6.35%
Current Estimated Value
$722,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$73,565
Avg. Annual Appreciation
-2.81%
Original Mortgage
$636,800
Interest Rate
5.25%
Mortgage Type
Balloon

Purchase Details

Listed on
Mar 24, 2022
Closed on
May 25, 2022
Sold by
Gerald And Marilyn Scharf Revocable Trus
Bought by
Sadler Ryan and Sadler Renee
Seller's Agent
Toni Zarghami
KW COASTAL LIVING III
Buyer's Agent
Rachel Tritschler
RE/MAX ALLIANCE GROUP
List Price
$850,000
Sold Price
$796,000
Premium/Discount to List
-$54,000
-6.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,800
Interest Rate
5.25%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 27, 2020
Sold by
Stevenson Carol B and Stevenson Malcolm A
Bought by
Scharf Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 29, 2008
Sold by
Cheung Tat K and Cheung Fuey K
Bought by
Belson Lyudmila

Purchase Details

Closed on
May 3, 2005
Sold by
Cheung Tat K and Cheung Fuey Keren
Bought by
Stevenson Malcolm A and Stevenson Carol B
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
Ryan C And Renee D Sadler Trust $100 --
Sadler Ryan $796,000 King Title
Scharf Marilyn $464,000 Attorney
Belson Lyudmila $415,100 Attorney
Stevenson Malcolm A $560,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sadler Ryan $636,800
Previous Owner Scharf Marilyn $372,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2022 05/25/22 Sold $796,000 -0.5% $324 / Sq Ft
04/01/2022 04/01/22 Pending -- -- --
03/28/2022 03/28/22 Price Changed $800,000 -5.9% $325 / Sq Ft
03/24/2022 03/24/22 For Sale $850,000 -- $346 / 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 $7,458 $651,323 -- --
2023 $7,458 $626,400 $181,600 $444,800
2022 $5,049 $419,725 $0 $0
2021 $5,007 $407,500 $131,200 $276,300
2020 $4,155 $332,021 $0 $0
2019 $4,019 $324,556 $0 $0
2018 $3,925 $318,504 $0 $0
2017 $3,907 $311,953 $0 $0
2016 $3,906 $379,400 $106,600 $272,800
2015 $3,974 $361,700 $98,200 $263,500
2014 $3,959 $296,557 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4528783

Stellar MLS

APN: 0119-13-0011