NOT LISTED FOR SALE

5140 Northridge Rd Unit 101 Sarasota, FL 34238

Estimated Value: $248,607 - $263,000

2 Beds
2 Baths
1,289 Sq Ft
$433/mo HOA Fee

Last Sold April 30, 2020

Last sale price $169,000 $131 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,178/month

236 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Clubhouse
  • Ashton Elementary School Rated A
  • Open Floorplan
  • Community Pool

About This Home

As of April 2020

Located on the Palmer Ranch in Sarasota, FL you’ll be delighted with this pristine 2-bedroom, 2 bath condo. With nearly 1300 sq. ft. of open living space there’s plenty of room. A multitude of updates make this property move-in ready. The kitchen features white cabinetry, new tile floors, sink, faucet, hardware, microwave and dishwasher. The living room has a built-in entertainment center, art niches, crown molding, newer carpeting & fabulous sliding glass doors with enclosed blinds. The master suite offers a spacious walk-in closet, new sink, faucet, hardware, lighting, commode & tile floors. The clever floor plan provides a guest suite where the bath can be accessed from the hallway & guest bedroom for ultimate privacy & features new sink, faucet, hardware, lighting, commode & tile floors. Inside laundry with new washer & dryer. All new ceiling fans. Interior recently painted. Enjoy the outdoors on the spacious lanai of this corner unit with recently painted floor & new screens. Additional storage closet just steps from your front door. Currently being offered TURNKEY FURNISHED with high end Tommy Bahama bedroom suite & coastal furnishings but can be available unfurnished if that better suits your needs. ONE CAR GARAGE AVAILABLE AS A SEPARATE SALE. Gated community amenities of clubhouse, fitness center, 2 heated pools, spa & tennis courts. Call today and make your dream of the Florida lifestyle a reality!

Last Agent to Sell the Property

Karen Geiger

COLDWELL BANKER SARASOTA CENT. License #0665423 Listed on: 08/02/2019

COLDWELL BANKER SARASOTA CENT.

Last Buyer's Agent

Sam Romano

GULF BAY REALTY License #3340771

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,066

Year Built

  • Built in 1999

Lot Details

  • 31

HOA Fees

  • $433 Monthly HOA Fees

Home Design

  • Turnkey
  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,289 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Drapes & Rods
  • Sliding Doors
  • Family Room Off Kitchen
  • Inside Utility
  • Security System Owned

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Schools

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

Utilities

  • Humidity Control
  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Outdoor Storage
  • North Facing Home

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, private road, recreational facilities, security, sewer, trash, water
  • Argus Management/Tomi Mace Association, Phone Number (941) 925-1876
  • Visit Association Website
  • Serenade On Palmer Ranch Community
  • Serenade On Palmer Ranch Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets up to 100 lbs
  • 1 Pet Allowed

Security

  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,066

Year Built

Built in 1999

Lot Details

0

HOA Fees

$433 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 1289
  • New Construction: No
  • Year Built: 1999
  • Building Area Total: 1379
  • Directions to Property: From Clark Rd. and Honore Av. South to Northridge Rd. West to Serenade. Through gate. Continue to Building 5 on right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4442676?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4442676?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.93941
  • Price per Sq Ft: 131.11
  • Close to Original List Price Ratio: 0.85354
  • Ratio: Current Price\Building Area Total: 122.55
  • View: No
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, Kitchen/Family Room Combo, Open Floorplan, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 3
  • Window Features: Blinds, Drapes
  • Street Number Modifier: 5140
  • Room Count: 6
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Exterior Features: Sliding Doors, Storage
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0164F
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected
  • Cooling: Central Air, Humidity Control
  • Heating: Central, Electric
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Fitness, Gated Community, Pool, Tennis Courts
  • Association Amenities: Clubhouse, Fitness Center, Gated, Maintenance, Pool, Recreation Facilities, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association Name: Argus Management/Tomi Mace
  • Phone: 941.925.1876
  • Association: Yes
  • Security: Fire Alarm, Fire Sprinkler System, Gated Community, Key Card Entry, Security System Owned
  • Senior Community: No
  • Condo Fees: 433
  • Condo Fees Term: Monthly
  • Association Website: https://argusmgmt.com/
  • Association Email: tomi@argusmgmt.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 433
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 5196
  • Total Monthly Fees: 433

Schools

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

Lot Info

  • Zoning: PUD
  • Parcel Number: 0097091097
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 100
  • Minimum Lease: 6 Months
  • Approval Process: Application
  • Num Timesper Year: 2
  • Pet Restrictions: See association documents
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See association documents

Tax Info

  • Tax Annual Amount: 2066
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2019
Closed on
Apr 27, 2020
Sold by
Schultz Richard M and Schultz Jane
Bought by
Grundy James Cecil and Grundy Kimberly
Seller's Agent
Karen Geiger
COLDWELL BANKER SARASOTA CENT.
Buyer's Agent
Sam Romano
GULF BAY REALTY
List Price
$179,900
Sold Price
$169,000
Premium/Discount to List
-$10,900
-6.06%
Current Estimated Value
$268,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,060
Avg. Annual Appreciation
10.25%
Original Mortgage
$84,000
Outstanding Balance
$61,277
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$221,333

Purchase Details

Closed on
Dec 19, 2007
Sold by
Forlenza Stephen and Forlenza Donna
Bought by
Schultz Richard M and Schultz Mary Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2005
Sold by
Gill Gordon P
Bought by
Forlenza Stephen and Forlenza Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
8.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2005
Sold by
Savoy 324 Llc
Bought by
Gill Gordon P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,320
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
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
Grundy James Cecil $169,000 Coastline Ttl Of Pinellas Ll
Schultz Richard M $165,000 Attorney
Forlenza Stephen $250,000 --
Gill Gordon P $170,400 Masters Title Services Of Ma
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grundy James Cecil $84,000
Previous Owner Schultz Richard M $148,500
Previous Owner Forlenza Stephen $237,500
Previous Owner Gill Gordon P $136,320
Closed Gill Gordon P $34,080
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Sold $169,000 -6.1% $131 / Sq Ft
03/24/2020 03/24/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $179,900 0.0% $140 / Sq Ft
03/11/2020 03/11/20 Pending -- -- --
02/03/2020 02/03/20 Price Changed $179,900 -2.7% $140 / Sq Ft
01/30/2020 01/30/20 Price Changed $184,900 -4.2% $143 / Sq Ft
12/03/2019 12/03/19 Price Changed $193,000 -2.5% $150 / Sq Ft
08/01/2019 08/01/19 For Sale $198,000 -- $154 / 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 $3,171 $211,460 -- --
2023 $3,171 $266,700 $0 $266,700
2022 $2,772 $219,700 $0 $219,700
2021 $2,172 $144,600 $0 $144,600
2020 $2,132 $139,500 $0 $139,500
2019 $2,066 $137,100 $0 $137,100
2018 $2,017 $140,300 $0 $140,300
2017 $1,889 $116,103 $0 $0
2016 $1,806 $116,000 $0 $116,000
2015 $1,794 $116,100 $0 $116,100
2014 $1,635 $79,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4442676

Stellar MLS

APN: 0097-09-1097