$615,000
$135K PRICE DROP

5116 Timber Chase Way Sarasota, FL 34238

Estimated payment $4,033/month

Total Views 6,159
3 Beds
2 Baths
1,714 Sq Ft
$359 Price per Sq Ft

Highlights

  • Lake Front
  • Heated In Ground Pool
  • Open Floorplan
  • Ashton Elementary School Rated A
  • Gated Community
  • Community Lake

About This Home

Looking out across the pool, the SW rear exposure provides amazing unobstructed lake sunset views from pool lanai, living room, kitchen nook and Owner's suite. This fully renovated home includes structural changes to allow for the spacious open floorplan of living & kitchen areas; high quality laminate flooring resembling wood throughout, new plumbing, high-end quartz countertop and custom built-in cabinets. All appliances have been replaced. Custom barn doors, window/slider treatments and wood shelving in all closets. Updated electrical & updated to tankless water heater. New HVAC system, home security system, new water closets, entire interior and exterior have been painted. Gutters surround the entire home plus leaf guards. Outdoor drainage system installed. Upgraded pool to a refreshing salt system pool. Pool cage rescreened plus frame screws replaced. Also, everything that has been selected is green certified, and the home has been maintained with a non-toxic priority. This Seller has prepared a detailed list of the home updates, manuals and service contacts. Every attention to detail has caught the eye of this proud homeowner. This beautiful immaculate residence is located on a quiet cul-de-sac lakefront lot in the desirable Turtle Rock gated Community in South Sarasota. A must see!

Last Listed By

Phyllis Garfinkel

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-951-6660 License #0189278 Listed on: 02/06/2025

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,869

Year Built

  • Built in 1996

Lot Details

  • 7,998 Sq Ft Lot
  • Lake Front
  • North Facing Home
  • Mature Landscaping
  • Property is zoned RSF1

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Property Views

  • Lake
  • Pool

Home Design

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

Interior Spaces

  • 1,714 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Blinds
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room

Kitchen

  • Dinette
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Fiber Optic Pool Lighting
  • Chlorine Free
  • Pool Lighting

Schools

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

Utilities

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

Additional Features

  • Reclaimed Water Irrigation System
  • Enclosed patio or porch

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, pool, management, recreational facilities
  • Nannette Thomas Association
  • Visit Association Website
  • Turtle Rock Community
  • Turtle Rock Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Community Lake

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Recreation Facilities
  • Community Playground
  • Community Pool

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,869

Year Built

Built in 1996

Lot Details

0

HOA Fees

$275 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Pool, Management, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1714
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 1996
  • Building Area Total: 2285
  • Lot Size Sq Ft: 7998
  • Directions to Property: Take Palmer Ranch Parkway to the Turtle Rock entry gate. Please provide your ID to the Entry Gate Guard. Proceed through the gate and turn east onto 5116 Timber Chase Way. This special home at 5116 is located on the right side of the road.
  • Status: Active
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 3 Months
  • RATIO Current Price By Calculate: 358.81
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Lake
  • Attribution Contact: 941-951-6660
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built-in Features, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Tankless Water Heater, Washer, Water Filtration System
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 5116
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Great Room
  • Living Area Meters: 159.24
  • Room Count: 7

Exterior Features

  • Direction Faces: North
  • Pool Features: Chlorine Free, Fiber Optic Lighting, Gunite, Heated, In Ground, Lighting
  • Exterior Features: Irrigation System, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Pool
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Enclosed, Patio, Screened
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2024-12-28

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Gated Community - Guard, Irrigation-Reclaimed Water, Playground, Pool, Sidewalks, Tennis Court(s)
  • Association Amenities: Basketball Court, Gated, Playground, Pool, Recreation Facilities, Security, Tennis Court(s)
  • Association Fee: 275
  • Association Fee Frequency: Monthly
  • Association Name: Nannette Thomas
  • Association: Yes
  • Security: Gated Community, Security System, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Association URL: communitymanager@myturtlerock.com

Fee Information

  • Total Annual Fees: 3300.00
  • Total Monthly Fees: 275.00
  • Monthly HOA Amount: 275.00

Schools

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

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0120040034
  • Additional Parcels: No
  • Lot Features: Landscaped
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 743
  • Zoning Compatible YN: 1

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Lease restrictions

Tax Info

  • Tax Annual Amount: 3869
  • Tax Block: F
  • Tax Book Number: 37-40
  • Tax Lot: 2

Multi Family

  • Waterfront Features: Lake Front
  • Approval Process: Approval required

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,717 $325,759 -- --
2023 $3,717 $316,271 $0 $0
2022 $3,597 $307,059 $0 $0
2021 $3,559 $298,116 $0 $0
2020 $3,564 $294,000 $101,200 $192,800
2019 $3,819 $277,300 $94,600 $182,700
2018 $3,505 $253,600 $76,500 $177,100
2017 $3,794 $271,480 $0 $0
2016 $3,537 $246,800 $69,900 $176,900
2015 $3,504 $237,900 $64,400 $173,500
2014 $3,344 $207,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2025 04/02/25 Price Changed $615,000 -5.4% $359 / Sq Ft
02/19/2025 02/19/25 Price Changed $649,978 -13.3% $379 / Sq Ft
02/13/2025 02/13/25 Price Changed $749,998 0.0% $438 / Sq Ft
02/06/2025 02/06/25 For Sale $749,999 +92.8% $438 / Sq Ft
04/25/2019 04/25/19 Sold $389,000 -1.5% $227 / Sq Ft
03/04/2019 03/04/19 Pending -- -- --
01/27/2019 01/27/19 Price Changed $395,000 -2.5% $230 / Sq Ft
11/26/2018 11/26/18 Price Changed $405,000 -2.4% $236 / Sq Ft
10/16/2018 10/16/18 For Sale $415,000 +6.7% $242 / Sq Ft
10/15/2018 10/15/18 Off Market $389,000 -- --
10/10/2018 10/10/18 For Sale $415,000 -- $242 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $389,000 Attorney
Warranty Deed $250,000 --
Warranty Deed $235,000 --
Warranty Deed $223,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $60,000 No Value Available
Previous Owner $123,000 No Value Available
Source: Public Records

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Source: Stellar MLS

MLS Number: A4639249

Stellar MLS

APN: 0120-04-0034