NOT LISTED FOR SALE

5400 Lago Maggio St Sarasota, FL 34238

Estimated Value: $1,239,670 - $1,308,000

3 Beds
3 Baths
2,929 Sq Ft
$436/Sq Ft Est. Value

Last Sold May 30, 2019

Last sale price $650,000 $222 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $7,778/month

147 Days on Market

Highlights

  • Fitness Center
  • Newly Remodeled
  • Gated Community
  • Tennis Courts
  • Senior Community
  • Clubhouse

About This Home

As of May 2019

NEW CONSTRUCTION 2018 NEVER LIVED IN AS OWNERS ARE RELOCATING. LOWEST PRICE PALLAZIO MODEL AVAILABLE WITH OVER $158,000 IN UPGRADES (ESPLANADE ON PALMER RANCH) The minute you entrance the front foyer to the unbelievable expansive view of living area to a light and bright open floor plan you know you are home. Hurricane installed windows and doors in the front of the home all other windows and sliders have hurricane shutters. There are 3 en-suites perfect for your guests and a study/den. A one story split floor plan of 2929 SQ FT. A 2 car extended garage with the upgraded epoxy flooring,laundry with valet and instant hot water heater. A large screened lanai with complete outdoor kitchen & gas grill for entertaining. located on premier private corner lot. A lift station TAYLOR MORRISON GUARANTEED will not be heard by resident as the development has completed 2 other lifts so this is a fact and will be completely hidden by beautiful decor, cement and landscaping. The home boasts of QUALITY, quartz counter-tops, stainless steel appliances,tile,carpet and wood plank flooring. ENTERTAINING DREAM with large island, dining and CHEFS KITCHEN with gas stove. ROOM FOR A POOL.
RESORT AMENITIES/2019 A PLANNED SEPARATE ENTRANCE FOR OWNERS TO RESORT, WELLNESS CENTER WITH SPA, SPORT COURTS FOR TENNIS, PICKLE BALL, BOCCE BALL. RESORT STYLE POOL/LAP LANES AND SANDY BEACH, A FITNESS AND AEROBIC CENTER, FIRE PIT, PLAYGROUNDS, PET PARK, MILES OF WALKING TRAILS. The BAHAMA BAR, A POOLSIDE FULL SERVICE BAR AND RESTAURANT.

Last Agent to Sell the Property

Marni Hayden

CHROME REALTY LLC License #0709074 Listed on: 11/06/2018

Co-Listed By

Bret Lageson

CHROME REALTY LLC License #3327415

Last Buyer's Agent

Marni Hayden

CHROME REALTY LLC License #0709074 Listed on: 11/06/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,318

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 8,770 Sq Ft Lot
  • Dog Run
  • Fenced
  • Corner Lot
  • Landscaped with Trees

HOA Fees

  • $306 Monthly HOA Fees

Parking

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

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 2,929 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Den
  • Laundry Room

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Epoxy
  • Ceramic Tile

Bedrooms and Bathrooms

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

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • Tennis Courts
  • Screened Patio
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill
  • Rear Porch

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Senior Community
  • Association fees include cable TV, common area taxes, community pool, insurance, maintenance structure, ground maintenance, manager, pool maintenance, private road, recreational facilities
  • $167 Other Monthly Fees
  • Stasia Voorhees Lifestyle Manager Association, Phone Number (941) 448-1654
  • Built by Talor Morrison
  • Esplanade On Palmer Ranch Ph 2, Pb 52 Pg 132 157 Subdivision, Pallazio Floorplan
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • Community features wheelchair access
  • Handicap Modified Features In Community

Recreation

  • Fitness Center
  • Community Pool
  • Park

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,318

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$306 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Private Road, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2929
  • Lot Size Acres: 0.2
  • New Construction: Yes
  • Year Built: 2018
  • Building Area Total: 3893
  • Lot Size Sq Ft: 8770
  • Directions to Property: FROM CLARK ROAD GO SOUTH ON HONORE PAST CENTRAL SARASOTA PKWY TO FLAGS OF ESPLANADE AND LEGACY GO RIGHT AND GO TO LEFT ENTRANCE ESPLANADE AND ENTER GATE TAKE FIRST RIGHT ON LAGO MAGIIO AND LAST HOME ON RIGHT ON CORNER.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4418059&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4418059&cview=true&show_results=true&customer_portal=true
  • FCHR URL: No
  • Floor Number: 1
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Subdivision Num: 3280
  • Other Fees Amount: 500
  • Ratio: Close Price\List Price: 0.94752
  • Price per Sq Ft: 221.92
  • Close to Original List Price Ratio: 0.94752
  • Ratio: Current Price\Building Area Total: 166.97
  • View: No
  • Co List Office Mls Id: 281502443
  • Co List Office Phone: 941-388-2345
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Tax Year: 2018
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Epoxy, Laminate
  • Full Bathrooms: 3
  • Interior Amenities: High Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 5400
  • Room Count: 10
  • Additional Rooms: Den/Library/Office
  • ResoLivingAreaSource: Builder

Exterior Features

  • Exterior Features: Dog Run, Fenced, Hurricane Shutters, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Sidewalk, Tennis Court(s)
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Rear Porch, Screened
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

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, Public, Sprinkler Meter, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness, Gated Community, Handicap Modified, Irrigation-Reclaimed Water, Park, Pool, Wheelchair Access
  • Association Amenities: Clubhouse, Fitness Center, Gated, Pool
  • Association Fee: 916.89
  • Association Fee Frequency: Quarterly
  • Association Name: STASIA VOORHEES LIFESTYLE MANAGER
  • Phone: 941-448-1654
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: Yes
  • Other Fees Term: Annual
  • Amenities Additional Fees: $500 ANNUALLY FOR DINING FEE REGARDLESS OF USE IS MANDATORY. ATTACHED BREAKDOWN MASTER ASSOC. ASSESSMENT ON MLS
  • Complex Community Name NCCB: ESPLANADE ON PALMER
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 4167.56
  • Monthly HOA Fee: 305.63
  • Total Monthly Fees: 347.3

Lot Info

  • Parcel Number: 0138120005
  • Additional Parcels: No
  • Lot Features: Corner Lot
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Talor Morrison

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Approval Process: APPROVAL BY ASSOCIATION
  • Num Timesper Year: 4
  • Lease Restrictions Y N: Yes
  • Month To Month Or Weekly Y N: No
  • Additional Lease Restrictions: APPROVAL BY ASSOCIATION

Tax Info

  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2018
Closed on
May 31, 2019
Sold by
Lonsdalf Kristy Kirtley and Lonsdale Robert Douglas
Bought by
Nepi Michael A and Nepi Dale E
Seller's Agent
Marni Hayden
CHROME REALTY LLC
Buyer's Agent
Marni Hayden
CHROME REALTY LLC
List Price
$686,000
Sold Price
$650,000
Premium/Discount to List
-$36,000
-5.25%
Current Estimated Value
$1,277,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$627,168
Avg. Annual Appreciation
9.98%
Original Mortgage
$450,000
Interest Rate
4.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Nepi Michael A $650,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nepi Michael A $434,000
Closed Nepi Michael A $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2019 05/30/19 Sold $650,000 +1.4% $222 / Sq Ft
03/30/2019 03/30/19 Pending -- -- --
12/23/2018 12/23/18 Sold $641,164 -6.5% $207 / Sq Ft
11/03/2018 11/03/18 For Sale $686,000 -0.7% $234 / Sq Ft
08/24/2018 08/24/18 Pending -- -- --
08/23/2018 08/23/18 Price Changed $690,841 +4.9% $223 / Sq Ft
07/18/2018 07/18/18 Price Changed $658,621 -1.1% $212 / Sq Ft
06/19/2018 06/19/18 Price Changed $665,621 +0.5% $215 / Sq Ft
06/05/2018 06/05/18 Price Changed $662,621 +0.5% $214 / Sq Ft
04/28/2018 04/28/18 For Sale $659,301 -- $213 / 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 $6,318 $651,902 -- --
2023 $6,318 $521,847 $0 $0
2022 $6,115 $506,648 $0 $0
2021 $6,091 $491,891 $0 $0
2020 $6,117 $485,100 $158,200 $326,900
2019 $7,366 $554,500 $113,500 $441,000
Source: Public Records

Agents Affiliated with this Home

  • Marni Hayden

    Seller's Agent in 2019

    Marni Hayden

    CHROME REALTY LLC

    (941) 809-5044

    1 in this area

    111 Total Sales

    Marni Hayden
    Section Image

  • B

    Seller Co-Listing Agent in 2019

    Bret Lageson

    CHROME REALTY LLC

    (941) 960-2335

    98 Total Sales

    Bret Lageson
    Section Image
  • Molly Whalen Horner

    Seller's Agent in 2018

    Molly Whalen Horner

    TAYLOR MORRISON RLTY OF FLA

    (866) 495-6006

    15 in this area

    72 Total Sales

    Molly Whalen Horner
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4418059

Stellar MLS

APN: 0138-12-0005

Florida Sarasota County Sarasota 34238

5400 Lago Maggio St, Sarasota, FL

This home is located at 5400 Lago Maggio St, Sarasota, FL 34238 since 06 November 2018 and is currently estimated at $1,277,168, approximately $436 per square foot. This property was built in 2018. 5400 Lago Maggio St is a home located in Sarasota County with nearby schools including Laurel Nokomis School and Venice High 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

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