NOT LISTED FOR SALE

5383 Palos Verdes Dr Sarasota, FL 34231

South Sarasota Neighborhood

Estimated Value: $895,436 - $966,000

3 Beds
2 Baths
1,416 Sq Ft
$651/Sq Ft Est. Value

Last Sold February 14, 2023

Last sale price $995,000 $703 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,983/month

4 Days on Market

Highlights

  • Access To Creek
  • Heated Spa
  • No HOA
  • Phillippi Shores Elementary School Rated A
  • Creek or Stream View
  • 2 Car Attached Garage

About This Home

As of February 2023

Bring your kayaks & jet ski's to this updated 3 bedroom 2 bath home right on Phillippi Creek. This home sits on the deepest part of Phillippi Creek. Boat, kayak, or jet ski over to the Phillippi Creek Oyster Bar. Located in the highly sought after and well known neighborhood of River Forest. No HOA or Fees!! The seller has updated the inside of the home and kept the Florida mid-century look. Large living room to enjoy your guest's company. A small area off of the kitchen to have a breakfast table. Galli kitchen with lots of counter space and cabinets. Large bedrooms with closets. An abundance of windows for lots of natural light in every room. Fireplace in the screened-in Florida room, use it as your dining room or as a sitting area to enjoy the view. Large yard to make your private oasis. Watch the sunset out by the fire pit area. New Pool is being finished. New pavers throughout. All new landscaping, grass, and irrigation. Lots of options with this beautiful home. Attached garage and driveway for private parking. The seller has applied for a dock/boat permit to make it easier for the new owners to add it on if they choose to. Less than 15 min to open bay waters. Right across the street, you have the updated Landings Shopping Center. EOS Gym, Nutrishop Health Store, along with several nice restaurants and shops including Publix. Less than 15 minutes to downtown Sarasota. Less than 10 minutes to Siesta Key. So many restaurants within 5 minutes including The Parrot X-press Grill, Apollonia Grill, Chilli's, Rincon Tolteca Mexican Restaurant, Stiks, Walt's Fish Market Restaurant, Sonny's BBQ, Athens Family Restaurant and many more.

Last Agent to Sell the Property

Derek Edwards

KELLER WILLIAMS ON THE WATER S License #3363878 Listed on: 12/23/2022

KELLER WILLIAMS ON THE WATER S

Last Buyer's Agent

Tony Riksvold Horge

PREFERRED SHORE LLC License #3498714

PREFERRED SHORE LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,695

Year Built

  • Built in 1965

Lot Details

  • 0.34 Acre Lot
  • West Facing Home
  • Irrigation
  • Property is zoned RSF2

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,416 Sq Ft Home
  • Ceiling Fan
  • Decorative Fireplace
  • Combination Dining and Living Room
  • Creek or Stream Views
  • Laundry Room

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Terrazzo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Pool

  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Access To Creek
  • No Wake Zone

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Riverview High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Thermostat
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • River Forest Community
  • River Forest Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,695

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 1416
  • Lot Size Acres: 0.34
  • New Construction: No
  • Year Built: 1965
  • Building Area Total: 2499
  • Lot Size Sq Ft: 15000
  • Directions to Property: Head south on S Tamiami Trail toward Glengary St, turn left onto Carmilfra Way, turn right onto Palos Verdes Dr, the home will be on the left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4553184?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4553184?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 702.68
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 398.16
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Decorative
  • Living Area Units: Square Feet
  • Flooring: Carpet, Terrazzo
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Split Bedroom, Thermostat
  • Appliances Included: Dishwasher, Range
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Street Number Modifier: 5383
  • Room Count: 7
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Pool Features: Other
  • Exterior Features: Irrigation System
  • Roof: Shingle
  • Pool Private: No
  • Water Body Name: Philippi Creek
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View: Creek
  • Water Access: Creek
  • Water Extras: No Wake Zone
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0144F
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Laundry Features: Inside, Laundry Closet, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Riverview High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0086050029
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Minimum Lease: No Minimum
  • Pet Restrictions: Check with County for Pet restrictions
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Check with County for Lease Restrictions

Tax Info

  • Tax Annual Amount: 7694.62
  • Tax Book Number: 8-114
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2022
Closed on
Feb 14, 2023
Sold by
87 Sandy Court Llc
Bought by
Hostetler Duane
Seller's Agent
Derek Edwards
KELLER WILLIAMS ON THE WATER S
Buyer's Agent
Tony Riksvold Horge
PREFERRED SHORE LLC
List Price
$995,000
Sold Price
$995,000
Views
8
Current Estimated Value
$957,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,382
Avg. Annual Appreciation
-2.20%
Original Mortgage
$796,000
Outstanding Balance
$718,666
Interest Rate
5.73%
Mortgage Type
New Conventional
Estimated Equity
$222,435

Purchase Details

Listed on
Oct 7, 2021
Closed on
Oct 29, 2021
Sold by
Corsi Janet Sue and Barilaro Theresa
Bought by
87 Sandy Court Llc
Seller's Agent
Toni Zarghami
KW COASTAL LIVING III
Buyer's Agent
Toni Zarghami
KW COASTAL LIVING III
List Price
$650,000
Sold Price
$665,000
Premium/Discount to List
$15,000
2.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.34%

Purchase Details

Closed on
Apr 3, 2019
Sold by
Miller Walter R
Bought by
Corsi Janet Sue and Barilaro Theresa
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hostetler Duane $995,000 --
87 Sandy Court Llc $665,000 Attorney
Corsi Janet Sue -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hostetler Duane $796,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2023 02/14/23 Sold $995,000 0.0% $703 / Sq Ft
12/28/2022 12/28/22 Pending -- -- --
12/23/2022 12/23/22 For Sale $995,000 +49.6% $703 / Sq Ft
10/29/2021 10/29/21 Sold $665,000 +2.3% $470 / Sq Ft
10/10/2021 10/10/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $650,000 -- $459 / 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 $9,183 $797,700 $657,700 $140,000
2023 $9,183 $787,300 $663,800 $123,500
2022 $7,695 $593,600 $514,400 $79,200
2021 $6,625 $479,600 $352,100 $127,500
2020 $2,608 $187,372 $0 $0
2019 $2,514 $183,159 $0 $0
2018 $2,445 $179,744 $0 $0
2017 $2,432 $176,047 $0 $0
2016 $2,421 $378,600 $273,400 $105,200
2015 $2,457 $408,500 $280,000 $128,500
2014 $2,450 $167,358 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Derek Edwards

    Seller's Agent in 2023

    Derek Edwards

    KELLER WILLIAMS ON THE WATER S

    (941) 929-3183

    2 in this area

    116 Total Sales

    Section Image
  • Tony Riksvold Horge

    Buyer's Agent in 2023

    Tony Riksvold Horge

    PREFERRED SHORE LLC

    (941) 914-5355

    1 in this area

    36 Total Sales

    Section Image
  • Toni Zarghami

    Seller's Agent in 2021

    Toni Zarghami

    KW COASTAL LIVING III

    (941) 356-5076

    4 in this area

    1,081 Total Sales

    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4553184

Stellar MLS

APN: 0086-05-0029

Florida Sarasota County Sarasota 34231 South Sarasota

5383 Palos Verdes Dr, Sarasota, FL

This home is located at 5383 Palos Verdes Dr, Sarasota, FL 34231 since 23 December 2022 and is currently estimated at $921,859, approximately $651 per square foot. This property was built in 1965. 5383 Palos Verdes Dr is a home located in Sarasota County with nearby schools including Phillippi Shores Elementary School, Riverview High School, and Brookside Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

Nearby Homes