NOT LISTED FOR SALE

5122 Timber Chase Way Sarasota, FL 34238

Estimated Value: $650,000 - $751,000

3 Beds
2.5 Baths
2,044 Sq Ft
$337/Sq Ft Est. Value

Last Sold December 30, 2019

Last sale price $453,500 $222 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,259/month

2 Days on Market

Highlights

  • 62 Feet of Waterfront
  • Screened Pool
  • Lake View
  • Ashton Elementary School Rated A
  • Gated Community
  • Deck

About This Home

As of December 2019

This is a beautiful move in ready home on a quiet cul-de-sac situated in the wonderful Turtle Rock Community. Large open concept kitchen completely updated with soft closed wood cabinets and a large island for entertaining friends and family.There are natural gas hookups on the property for those wanting gas. Quartz countertops with stainless steel appliances. Home is freshly painted threw out. Stunning fully renovated large master bath with dual sinks and dual showers New ceiling fans and inside lights. The pool has been recently resurfaced and has new gorgeous tile .Sitting on your lanai you can watch wildlife upon the lake. The community has a lot to offer, bike riding, walking, playing tennis,playground and a community pool. This community is close to Siesta Key Beach,the Legacy Biking Trail ,YMCA, and local restaurants and entertainment. Come enjoy the Florida Lifestyle

Last Agent to Sell the Property

Julie Glennon

SATO REAL ESTATE INC. License #3214686 Listed on: 11/21/2019

Last Buyer's Agent

Lorraine Neal

MICHAEL SAUNDERS & COMPANY License #0623948

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,859

Year Built

  • Built in 1996

Lot Details

  • 8,080 Sq Ft Lot
  • 62 Feet of Waterfront
  • Lake Front
  • Northeast Facing Home
  • Property is zoned RSF1

HOA Fees

  • $132 Monthly HOA Fees

Parking

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

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 2,044 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Lake Views

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Screened Pool
  • In Ground Pool
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Access To Lake
  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, community pool, escrow reserves fund, manager, recreational facilities
  • Sunstate Management Ed Olson Association, Phone Number (941) 870-9855
  • Turtle Rock Community
  • Turtle Rock Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,859

Year Built

Built in 1996

Lot Details

0

HOA Fees

$132 per month

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Community Pool, Escrow Reserves Fund, Manager, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2044
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 1996
  • Building Area Total: 2800
  • Lot Size Sq Ft: 8080
  • Directions to Property: Central Sarasota Parkway to Turtle Rock Blvd go threw Turtle Rock Guard gate-keep going north on Turtle Rock Blvd to Rt on Timber Chase Way. House is on the rt side of Timber Chase way.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4452049?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4452049?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.97548
  • Price per Sq Ft: 221.87
  • Close to Original List Price Ratio: 0.97548
  • Ratio: Current Price\Building Area Total: 161.96
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Engineered Hardwood, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, High Ceiling(s), Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Street Number Modifier: 5122
  • Room Count: 10
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northeast
  • Pool Features: In Ground, Screen Enclosure
  • Exterior Features: Irrigation System
  • Roof: Tile
  • Pool Private: Yes
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Screened
  • Water View: Lake
  • Water Access: Lake
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 62
  • Water Frontage Feet Lake: 62

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Connected, Sprinkler Recycled
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community, Irrigation-Reclaimed Water, Playground, Pool, Sidewalk, Tennis Courts
  • Association Fee: 395
  • Association Fee Frequency: Quarterly
  • Association Name: Sunstate Management Ed Olson
  • Phone: 941 870 9855
  • Association: Yes
  • Senior Community: No
  • Association Website: http:www.myturtlerock.com
  • Association Email: edward@sunstatemanagement.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 1580
  • Monthly HOA Fee: 131.67
  • Total Monthly Fees: 131.67

Schools

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

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0120040033
  • Additional Parcels: No
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Annual Amount: 3859.04
  • Tax Block: F
  • Tax Book Number: 37-40
  • Tax Lot: 3

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2019
Closed on
Dec 30, 2019
Sold by
Gledhill Eric A and Gledhill Hillary L
Bought by
Goman Boris and Goman Anna
Seller's Agent
Julie Glennon
SATO REAL ESTATE INC.
Buyer's Agent
Lorraine Neal
MICHAEL SAUNDERS & COMPANY
List Price
$464,900
Sold Price
$453,500
Premium/Discount to List
-$11,400
-2.45%
Current Estimated Value
$689,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,299
Avg. Annual Appreciation
7.68%

Purchase Details

Listed on
Apr 6, 2017
Closed on
Oct 6, 2017
Sold by
Wahby Mandy J
Bought by
Gledhill Eric A and Gledhill Hillary L
Seller's Agent
Doug Addeo
COMMUNITY REALTY ASSOCIATES
Buyer's Agent
Julie Glennon
SATO REAL ESTATE INC.
List Price
$419,000
Sold Price
$333,000
Premium/Discount to List
-$86,000
-20.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.00%
Original Mortgage
$316,350
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2005
Sold by
Williams Terry L and Williams Linda S
Bought by
Wahby Mandy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 11, 2004
Sold by
Williams Terry and Williams Linda
Bought by
Williams Terry L and Williams Linda S

Purchase Details

Closed on
Oct 13, 1998
Sold by
Woolf Samuel and Woolf Charlotte
Bought by
Williams Terry and Williams Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.8%

Purchase Details

Closed on
Dec 17, 1997
Sold by
U S Home Corp
Bought by
Woolf Samuel and Woolf Charlotte
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
Goman Boris $453,500 Msc Title Inc
Gledhill Eric A $333,000 Desjrlais Law & Title
Wahby Mandy J $540,000 --
Williams Terry L -- --
Williams Terry $269,900 --
Woolf Samuel $279,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gledhill Eric A $316,350
Previous Owner Wahby Mandy J $274,812
Previous Owner Wahby Mandy J $300,000
Previous Owner Williams Terry $159,500
Previous Owner Williams Terry $169,000
Previous Owner Williams Terry $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2019 12/30/19 Sold $453,500 -2.5% $222 / Sq Ft
11/22/2019 11/22/19 Pending -- -- --
11/20/2019 11/20/19 For Sale $464,900 +39.6% $227 / Sq Ft
08/17/2018 08/17/18 Off Market $333,000 -- --
10/13/2017 10/13/17 Sold $333,000 -14.4% $162 / Sq Ft
08/31/2017 08/31/17 Pending -- -- --
07/25/2017 07/25/17 Price Changed $389,000 -7.2% $190 / Sq Ft
04/06/2017 04/06/17 For Sale $419,000 -- $204 / 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 $4,515 $386,257 -- --
2023 $4,515 $375,007 $0 $0
2022 $4,374 $364,084 $0 $0
2021 $4,330 $353,480 $0 $0
2020 $4,342 $348,600 $101,600 $247,000
2019 $4,158 $301,800 $95,000 $206,800
2018 $3,859 $279,300 $76,800 $202,500
2017 $4,320 $310,800 $93,300 $217,500
2016 $4,081 $285,300 $70,000 $215,300
2015 $4,052 $275,700 $64,500 $211,200
2014 $3,865 $240,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4452049

Stellar MLS

APN: 0120-04-0033