NOT LISTED FOR SALE

5321 Palm Aire Dr Sarasota, FL 34243

Estimated Value: $535,000 - $629,000

2 Beds
2 Baths
2,241 Sq Ft
$260/Sq Ft Est. Value

Last Sold May 16, 2024

Last sale price $640,000 $286 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $3,343/month

27 Days on Market

Highlights

  • 100 Feet of Pond Waterfront
  • Chain Of Lake Views
  • Vaulted Ceiling
  • Screened Pool
  • Open Floorplan
  • 4-minute walk to Conservatory Park

About This Home

As of May 2024

Palm Aire is known for it's diverse architecture styles and not a "Cookie Cutter" house. Solidly built construction for a retired doctor whose preference was a 2 bedroom; guests are welcome but don't stay too long! Split bedroom plan, a stunning quality kitchen, a fully remodeled primary bathroom, a large swimming pool, and stellar views? This could be your next home! Circle drive with wrought-iron gated courtyard and lighting within the walkway on a timer. The front doors were custom-built, solid wood with wrought-iron decorative accents. Once you enter, you’ll be drawn through the Formal sitting area and onto the spacious lanai with the colonnade-style pool enclosure with a stunning view of the pool, water, and golf course hole #5 and Tee box of #6 of the Champions Golf Course which is private and you are not required to join. They offer varying levels of membership if you're interested. The kitchen is a chef's delight! Italian custom cherry cabinetry from Lube! The many built-ins included in the 4X8 center island, an ice maker, wine cooler, open shelves for cookbooks or decorative cookware, and a large single basin sink which is perfect for filling with ice and serving cold beverages or stone crab claws! Use your imagination which works best for your entertaining ideas! Other kitchen features are a 15” deep fryer, 36” THOR cooktop, Miele Vent Hood, Double Convection ovens from Wolf, a double-door subzero fridge/freezer, built-in Miele coffee/espresso maker, Bosch dishwasher and a Rotating Pantry with obscure glass front doors. The family room is equipped with a wood-burning fireplace, vaulted ceilings, and sliding doors extending onto the spacious lanai with Saltillo tile. This is a large pool, perfect for relaxing, exercise, and water volleyball! Ideally, the 2nd bath has access to the pool, so you don’t track water through the house as well as an outside shower. The primary bedroom is spacious, also with access to the lanai. There are 2 large closets in addition to a deep linen closet. The bathroom was completely renovated with a stunning walk-in shower with lighted insets to host your toiletries, as well as a 400lb solid stone-soaking tub! New double vanity with sinks and Ceasar stone counters…stunning! The garage is deep with a separate side garage door for a golf cart if you desire. Such a great location, just minutes from UTC Mall and a plethora of restaurants and shopping. And of course, a short drive to world-class beaches! Room Feature: Linen Closet In Bath (Primary Bedroom).

Last Agent to Sell the Property

Brenda Wilson

FINE PROPERTIES Brokerage Phone: 941-782-0000 License #3110201 Listed on: 03/22/2024

FINE PROPERTIES

Co-Listed By

Craig Wilson

FINE PROPERTIES Brokerage Phone: 941-782-0000 License #3094384

Last Buyer's Agent

Lill Denham

SARASOTA REAL ESTATE SERVICES License #3008034

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,969

Year Built

  • Built in 1979

Lot Details

  • 0.28 Acre Lot
  • 100 Feet of Pond Waterfront
  • South Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Property is zoned RSF4.5/W

Parking

  • 2 Car Attached Garage

Property Views

  • Pond
  • Chain Of Lake
  • Golf Course
  • Pool

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Block Exterior

Interior Spaces

  • 2,241 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Shutters
  • Blinds
  • Sliding Doors
  • Family Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Inside Utility
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Screened Pool
  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Courtyard
  • Screened Patio
  • Exterior Lighting
  • Rain Gutters
  • Private Mailbox
  • 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
  • Heat Pump System
  • Underground Utilities
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Najjar
  • Desoto Lakes Cntry Clb Clny Community
  • Desoto Lakes Country Club Colony 4 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,969

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 2241
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 3353
  • Lot Size Sq Ft: 12415
  • Directions to Property: From University West of I-75 turn North on Whitfield and then West on Palm Aire Drive and the home is on the North side of the road.
  • Status: Sold
  • Co List Office Mls Id: MFR281515992
  • Co List Office Phone: 941-782-0000
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1047148
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 285.59
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 941-782-0000
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood, Luxury Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Attic Fan, Built-in Features, Crown Molding, Eat-in Kitchen, High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Skylight(s), Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Window Features: Aluminum Frames, Blinds, Shutters
  • Street Number Modifier: 5321
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Family Room,Formal Dining Room Separate,Formal Living Room Separate,Inside Utility
  • Living Area Meters: 208.20
  • Room Count: 12

Exterior Features

  • Direction Faces: South
  • Pool Features: In Ground, Screen Enclosure
  • Exterior Features: Courtyard, Irrigation System, Lighting, Private Mailbox, Rain Gutters, Sliding Doors
  • Roof: Concrete, Tile
  • Pool Private: Yes
  • View: Golf Course, Pool, Water
  • Water Body Name: N/A
  • Waterfront: Yes
  • Patio and Porch Features: Front Porch, Patio, Screened
  • Road Surface Type: Asphalt
  • Disclosures: Seller Property Disclosure
  • Water Extras YN: 0
  • Water View: Lake - Chain of Lakes,Pond
  • Water View YN: 1
  • Waterfront Feet Total: 100
  • Flood Zone Date: 2021-08-10
  • Flood Zone Panel: 12081C0338F
  • Water Frontage Feet Pond: 100

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Fiber Optics, Public, Sewer Available, Sewer Connected, Underground Utilities, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Pet Restrictions: COUNTY RULES APPLY

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

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

Lot Info

  • Zoning: RSF4.5/W
  • Parcel Number: 1956203952
  • Additional Parcels: No
  • Lot Features: In County, Landscaped, Near Golf Course
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 1153
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Najjar

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: COUNTRY RULES APPLY

Tax Info

  • Tax Annual Amount: 2969
  • Tax Book Number: 17-67
  • Tax Lot: 78

Multi Family

  • Waterfront Features: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
May 16, 2024
Sold by
Espinosa Rudolfo A and Espinosa Laurie E
Bought by
Serbin Jeffrey S
Seller's Agent
Brenda Wilson
FINE PROPERTIES
Buyer's Agent
Lill Denham
SARASOTA REAL ESTATE SERVICES
List Price
$679,900
Sold Price
$640,000
Premium/Discount to List
-$39,900
-5.87%
Views
44
Current Estimated Value
$582,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$57,260
Avg. Annual Appreciation
-6.39%

Purchase Details

Closed on
May 22, 1998
Sold by
Picarro Carmen C and Picarro Elaine C
Bought by
Espinosa Rudolfo A and Espinsoa Laurie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
7.15%
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
Serbin Jeffrey S $640,000 Sarasota Title Services
Espinosa Rudolfo A $159,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Espinosa Rudolfo A $151,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2024 05/16/24 Sold $640,000 -5.9% $286 / Sq Ft
04/19/2024 04/19/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $679,900 -- $303 / 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 $3,033 $487,388 $81,600 $405,788
2024 $3,033 $217,224 -- --
2023 $2,969 $210,897 $0 $0
2022 $2,874 $204,754 $0 $0
2021 $2,735 $198,790 $0 $0
2020 $2,808 $196,045 $0 $0
2019 $2,751 $191,637 $0 $0
2018 $2,712 $188,064 $0 $0
2017 $2,520 $184,196 $0 $0
2016 $2,502 $180,407 $0 $0
2015 $2,513 $179,153 $0 $0
2014 $2,513 $177,731 $0 $0
2013 $2,475 $175,104 $40,850 $134,254
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4604486

Stellar MLS

APN: 19562-0395-2