NOT LISTED FOR SALE

5408 Lago Maggio St Sarasota, FL 34238

Estimated Value: $1,189,567 - $1,328,000

3 Beds
3 Baths
3,020 Sq Ft
$418/Sq Ft Est. Value

Last Sold December 23, 2018

Last sale price $630,000 $209 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $7,758/month

167 Days on Market

Highlights

  • Water Views
  • Fitness Center
  • Vinyl Pool
  • Laurel Nokomis School Rated A-
  • Under Construction
  • Gated Community

About This Home

As of December 2018

Under Construction - This home will back to a beautifully landscape buffer giving you and your family a private place to gather and relax. This open floor plan will offer; whte painted maple cabinets, exquisite quartz countertops, stainless steel appliances and a beautifully-coordinating tile backsplash. The kitchen will overlook the huge Gathering Room and Dining Area. Decorated in amazing neutral tones, this home will impress as soon as you walk through the double door entry. Still under construction, the home will be ready in September 2018. Photos of Model Home.

Last Agent to Sell the Property

Molly Whalen Horner

TAYLOR MORRISON RLTY OF FLA License #3250592 Listed on: 06/15/2018

Last Buyer's Agent

Richard Gilmore Jr

LIMBO COMPANY SARASOTA ASSOC License #3069713

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,800

Year Built

  • Built in 2018 | Under Construction

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 60x120
  • North Facing Home

HOA Fees

  • $306 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 3,020 Sq Ft Home
  • Sliding Doors
  • Great Room
  • Den
  • Water Views
  • Laundry in unit
  • Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Home Security

  • Fire and Smoke Detector
  • In Wall Pest System

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Drip Irrigation

Outdoor Features

  • Vinyl Pool
  • Deck
  • Screened Patio
  • Porch

Schools

  • Gulf Gate Elementary School
  • Sarasota Middle School
  • Riverview High School

Additional Features

  • Property is near public transit
  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, recreational facilities
  • Built by Taylor Morrison
  • Esplanade On Palmer Ranch Subdivision, Pallazio Floorplan
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,800

Year Built

Built in 2018 | Under Construction

Lot Details

0

HOA Fees

$306 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 3020
  • Lot Size Acres: 0.16
  • New Construction: Yes
  • Year Built: 2018
  • Building Area Total: 3400
  • Lot Size Sq Ft: 7200
  • Directions to Property: Directions: From I-75, take exit 205 for Clark Road and head West. Take a LEFT (South) on Honore Avenue. Stay on Honore for Approximately 3.5 Miles. Community Entrance will be on the Right.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4406021&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4406021&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Number Of Pets: 3
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: Yes
  • Call Center Phone Number: 866-495-6006
  • Projected Completion Date: 2018-09-30T04:00:00.000Z
  • Ratio: Close Price\List Price: 0.9663
  • Price per Sq Ft: 208.61
  • Close to Original List Price Ratio: 0.95866
  • Ratio: Current Price\Building Area Total: 185.29
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Tax Year: 2018
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: In Wall Pest System, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Microwave, Range
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Street Number Modifier: 5408
  • Room Count: 5
  • Additional Rooms: Attic, Den/Library/Office, Great Room
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: North
  • Pool Features: Vinyl
  • Exterior Features: Irrigation System, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: Fire Hydrant, Gas
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Gated Community, Playground, Pool
  • Association Amenities: Fitness Center, Gated, Maintenance, Playground, Spa/Hot Tub
  • Association Fee: 306
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 3672
  • Monthly HOA Fee: 306
  • Total Monthly Fees: 306

Schools

  • Elementary School: Gulf Gate Elementary
  • High School: Riverview High
  • Middle Or Junior School: Sarasota Middle

Lot Info

  • Parcel Number: 5408 LAGO MAGGIO STREET LOT 3
  • Additional Parcels: No
  • Lot Features: In County, Near Public Transit
  • Lot Dimensions: 60x120
  • Flood Zone Code: x
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Appliances
  • Green Water Conservation: Drip Irrigation
  • Green Landscaping: Fl. Friendly/Native Landscape

Building Info

  • Builder Name: Taylor Morrison

Rental Info

  • Pets Allowed: Breed Restrictions, Yes
  • Minimum Lease: 1 Month
  • Approval Process: Call for Details
  • Num Timesper Year: 3
  • Pet Restrictions: No Aggressive Breeds
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Call for details.

Tax Info

  • Tax Annual Amount: 9800
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2024
Sold by
Bruce Gerald William and Bruce Sheila Denise
Bought by
Bruce Sheila Denise and Bruce Gerald W
Current Estimated Value
$1,262,142

Purchase Details

Closed on
Aug 29, 2023
Sold by
Gerald W Bruce W and Gerald Sheila D
Bought by
Bruce Gerald William and Bruce Sheila Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.23%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 9, 2021
Sold by
Bruce Gerald William and Bruce Sehila Denise
Bought by
Bruce Gerald William and Bruce Sheila Denise

Purchase Details

Listed on
Jun 15, 2018
Closed on
Dec 10, 2018
Sold by
Taylor Morrison Of Florida Inc
Bought by
Bruce Gerald William and Bruce Sheila Denise
Seller's Agent
Molly Whalen Horner
TAYLOR MORRISON RLTY OF FLA
Buyer's Agent
Richard Gilmore Jr
LIMBO COMPANY SARASOTA ASSOC
List Price
$657,164
Sold Price
$630,000
Premium/Discount to List
-$27,164
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.10%
Original Mortgage
$300,000
Interest Rate
4.9%
Mortgage Type
New Conventional
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
Bruce Sheila Denise $100 None Listed On Document
Bruce Gerald William $100 None Listed On Document
Bruce Gerald William -- Accommodation
Bruce Gerald William $630,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bruce Gerald William $60,000
Previous Owner Bruce Gerald W $301,000
Previous Owner Bruce Gerald William $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2018 12/23/18 Sold $630,000 -3.4% $209 / Sq Ft
11/29/2018 11/29/18 Pending -- -- --
11/19/2018 11/19/18 Price Changed $651,970 -4.8% $216 / Sq Ft
09/14/2018 09/14/18 Price Changed $685,164 +0.4% $227 / Sq Ft
08/23/2018 08/23/18 Price Changed $682,164 +4.9% $226 / Sq Ft
07/18/2018 07/18/18 Price Changed $650,164 -1.1% $215 / Sq Ft
06/15/2018 06/15/18 For Sale $657,164 -- $218 / 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 $7,050 $597,890 -- --
2023 $7,050 $580,476 $0 $0
2022 $6,949 $563,569 $0 $0
2021 $6,763 $547,154 $0 $0
2020 $6,795 $539,600 $159,200 $380,400
2019 $6,801 $544,900 $114,300 $430,600
2018 $1,709 $135,300 $135,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4406021

Stellar MLS

APN: 0138-11-0003