NOT LISTED FOR SALE

5303 Ithaca Ln Sarasota, FL 34243

Estimated Value: $540,000 - $551,000

3 Beds
2 Baths
2,331 Sq Ft
$234/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $570,000 $245 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,271/month

41 Days on Market

Highlights

  • Oak Trees
  • View of Trees or Woods
  • Florida Architecture
  • In Ground Pool
  • Private Lot
  • Cathedral Ceiling

About This Home

As of June 2024

Step into the serenity of your dream home, nestled in a tranquil oasis that invites you to escape the hustle and bustle. This single-family gem boasts three bedrooms, two bathrooms, and a spacious 2331 square feet of living space. As you arrive, be captivated by the lush landscape surrounding the property, meticulously cared for with an automated irrigation system, creating a picturesque setting. The backyard, just under a quarter acre, offers a private retreat with a pool and spa, all framed by nature as the lot neighbors a peaceful preserve. Tucked away at the end of a quiet road, this residence exudes a sense of calm in a well-established neighborhood.Inside, the home unfolds with grandeur under cathedral ceilings, providing an open-concept living experience flooded with natural light through large windows in every room. Discover the thoughtful design, where the primary bedroom suite is strategically located on the opposite end, offering a haven of privacy. Recent upgrades showcase the home's commitment to excellence, with new laminate and bamboo wood floors adding a touch of modern elegance. The primary bathroom, updated in 2018, features porcelain flooring, new cabinets, and granite countertops. Imagine unwinding in the primary bathroom suite, indulging in the garden tub, a walk-in shower, and dual vanity cabinets—a luxurious retreat within your own abode, creating a spa-like atmosphere. The second bathroom underwent a similar transformation at the same time, ensuring both style and functionality for you and your guests.The heart of this home is undoubtedly the kitchen—a central hub adorned with ample cabinet space and a large walk-in pantry, ready to inspire culinary adventures. Plenty of room for cooking for large gatherings. Seating at the bar top counter space, additional room for a dining table in the break nook area, also the formal dining room for those special occasions.Beyond aesthetics, this residence offers practical updates, including a 2020 HVAC replacement for year-round comfort. The outdoor living space is enhanced with charming brick pavers on the screen enclosed pool patio, pavers were installed in 2018 alongside the fibertech recoating of the pool, combining aesthetics with durability.Situated in a neighborhood that effortlessly combines convenience and charm, you'll find yourself within 15 minutes of the SRQ airport, 10 minutes from the UTC Mall and Interstate 75, and a short 20-minute drive from Downtown Sarasota. For those seeking the sun and sand, the nation's #1 voted beaches are a mere 30 minutes away. Additionally, enjoy proximity to Palm-Aire Country Club and other golf courses near by as well. All this while benefiting from a very low $500 annual HOA fee and the absence of CDD fees—making it an ideal haven to raise a family or retire quietly.This is not just a house; it's an invitation to a lifestyle filled with comfort, elegance, and the joys of serene living. Ready to turn this vision into your reality? Let's Make Your Next Move Together!

Last Agent to Sell the Property

Michelle Ward

COMPASS FLORIDA LLC License #3272126 Listed on: 01/29/2024

COMPASS FLORIDA LLC

Last Buyer's Agent

Charlie Ann Turner

COMPASS FLORIDA LLC License #3500809

COMPASS FLORIDA LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,062

Year Built

  • Built in 1992

Lot Details

  • 0.26 Acre Lot
  • Street terminates at a dead end
  • South Facing Home
  • Mature Landscaping
  • Private Lot
  • Irrigation
  • Oak Trees
  • Property is zoned PDR/WPE/

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Florida Architecture
  • Block Foundation
  • Shingle Roof
  • Cement Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,331 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Views of Woods

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher
  • Solid Wood Cabinet

Flooring

  • Bamboo
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Screened Patio
  • Rain Gutters
  • Front Porch

Location

  • Property is near a golf course

Schools

  • Kinnan Elementary School
  • Braden River Middle School
  • Braden River High School

Utilities

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

Community Details

  • Association fees include common area taxes, ground maintenance
  • Maureen Schoening Association, Phone Number (941) 706-0920
  • Palm West Subdivision Community
  • Palm West Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,062

Year Built

Built in 1992

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • HOA Fee Includes: Common Area Taxes, Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block, Cement Siding, Stucco
  • Fireplace: No
  • Living Area: 2331
  • Lot Size Acres: 0.26
  • New Construction: No
  • Year Built: 1992
  • Building Area Total: 3273
  • Lot Size Sq Ft: 11282
  • Directions to Property: Heading East on university parkway, make a left at Whitfield. Go to the Gardens, Entrance on the left. Stay on Gardens Drive make a left on Palm Lakes Court. Make a right on Ithaca. House is the last one on the right at the end of the street.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 169647934
  • Minimum Lease: 1-2 Years
  • RATIO Current Price By Calculate: 244.53
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Bamboo, Ceramic Tile, Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Solid Wood Cabinets, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Block
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Street Number Modifier: 5303
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 216.56
  • Room Count: 11

Exterior Features

  • Direction Faces: South
  • Pool Features: In Ground
  • Exterior Features: Irrigation System, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: Yes
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Front Porch, Rear Porch, Screened
  • Road Surface Type: Asphalt
  • 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

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Sidewalks
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association Name: Maureen Schoening
  • Phone: 941-706-0920
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: Please refer to HOA restrictions for specific details.
  • Association Fee Requirement: Required
  • Association Email: maureen@communiquemgmt.com

Fee Information

  • Total Annual Fees: 500.00
  • Total Monthly Fees: 41.67
  • Monthly HOA Amount: 41.67

Schools

  • Elementary School: Kinnan Elementary
  • High School: Braden River High
  • Middle Or Junior School: Braden River Middle

Lot Info

  • Zoning: PDR/WPE/
  • Parcel Number: 2052901358
  • Additional Parcels: No
  • Lot Features: In County, Landscaped, Near Golf Course, Private, Sidewalk, Street Dead-End, Paved
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 1048

Rental Info

  • Pets Allowed: Dogs OK
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Please refer to HOA restrictions for specific details.

Tax Info

  • Tax Annual Amount: 3061.53
  • Tax Book Number: 26-9
  • Tax Lot: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2024
Closed on
Jun 7, 2024
Sold by
Coleman Ronald W and Coleman Sandra A
Bought by
Bache Craig R and Bache Terra R
Seller's Agent
Michelle Ward
COMPASS FLORIDA LLC
Buyer's Agent
Charlie Ann Turner
COMPASS FLORIDA LLC
List Price
$625,000
Sold Price
$570,000
Premium/Discount to List
-$55,000
-8.8%
Views
43
Current Estimated Value
$545,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,319
Avg. Annual Appreciation
-3.46%

Purchase Details

Closed on
Mar 10, 2000
Sold by
Rain Thomas C and Rain Sandra Marie
Bought by
Coleman Ronald W and Coleman Sandra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,600
Interest Rate
8.3%
Source: Public Records

Range of Values:

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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
Bache Craig R $570,000 None Listed On Document
Coleman Ronald W $179,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bache Craig R $342,000
Previous Owner Coleman Ronald W $97,756
Previous Owner Coleman Ronald W $15,000
Previous Owner Coleman Ronald W $150,600
Previous Owner Coleman Ronald W $143,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $570,000 -5.0% $245 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
02/21/2024 02/21/24 Price Changed $599,999 -4.0% $257 / Sq Ft
01/29/2024 01/29/24 For Sale $625,000 -- $268 / 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
2025 $3,126 $438,090 $51,000 $387,090
2024 $3,126 $224,030 -- --
2023 $3,062 $217,505 $0 $0
2022 $2,965 $211,170 $0 $0
2021 $2,823 $205,019 $0 $0
2020 $2,900 $202,188 $0 $0
2019 $2,842 $197,642 $0 $0
2018 $2,803 $193,957 $0 $0
2017 $2,605 $189,968 $0 $0
2016 $2,587 $186,061 $0 $0
2015 $2,600 $184,768 $0 $0
2014 $2,600 $183,302 $0 $0
2013 $2,561 $180,593 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4595470

Stellar MLS

APN: 20529-0135-8