
5116 Timber Chase Way Sarasota, FL 34238
Palmer Ranch NeighborhoodEstimated payment $4,023/month
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!
Listing Agent
MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-951-6660 License #0189278

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
- Visit Down Payment Resource Website
- Legal Lot and Block 2 / F
- Assessor Parcel Number 0120040034
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
Deed History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $389,000 | Attorney | |
Warranty Deed | $250,000 | -- | |
Warranty Deed | $235,000 | -- | |
Warranty Deed | $223,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $60,000 | No Value Available | |
Previous Owner | $123,000 | No Value Available |
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Source: Stellar MLS
MLS Number: A4639249

APN: 0120-04-0034
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