NOT LISTED FOR SALE

5420 Palm Aire Dr Sarasota, FL 34243

Estimated Value: $504,000 - $596,000

3 Beds
2.5 Baths
2,057 Sq Ft
$260/Sq Ft Est. Value

Last Sold February 27, 2014

Last sale price $240,000 $117 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $2,863/month

226 Days on Market

Highlights

  • Oak Trees
  • Deck
  • Separate Formal Living Room
  • View of Trees or Woods
  • Cathedral Ceiling
  • No HOA

About This Home

As of February 2014

Active with Contract. Sellers are packed and ready to move. Make an offer today! Well kept home with many updates done in the desirable community of Palm Aire. Home boasts a double door entry with etched glass doors, newer flooring throughout the home,freshly painted inside, newer appliances, the list goes on. Downstairs the home offers 2 separate living room/family room areas, a 3rd BR (currently being used as a den/office), large kitchen updated tastefully, breakfast eating area and indoor laundry.Upstairs is a large master bedroom suite with two large walk in-closets and a bathroom area you will want to retreat to relax. Also upstairs is another large bedroom with its own bathroom. The fenced in back yard is large enough for all kinds of family sports to be played or to add a pool. Large wood deck is perfect to layout the outdoor furniture and enjoy all the BBQ parties. The Palm Aire Golf and Country Club offers social, golf, and athletic memberships. Not mandatory to join, but one of the many added benefits living in the area, University Parkway is close to all activities Sarasota offers. Siesta Key beach 20 minutes away, downtown and all cultural events, minutes to the area where the new mall is going in. What a great buy in a beautiful community with convenient driving times to all areas of Sarasota and Manatee.

Last Agent to Sell the Property

Elizabeth Snyder

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0678494 Listed on: 05/07/2013

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Jennifer Morgan

AMERICAN HOMES REALTY GROUP License #3122518

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,731

Year Built

  • Built in 1989

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 94.0x117.0
  • North Facing Home
  • Oak Trees
  • Property is zoned RSF4.5

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Bi-Level Home
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,057 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Separate Formal Living Room
  • Breakfast Room
  • Den
  • Inside Utility
  • Views of Woods
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Palm Aire Community
  • Desoto Pines Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,731

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Brick, Wood Frame
  • Fireplace: Yes
  • Living Area: 2057
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1989
  • Building Area Total: 2801
  • Lot Size Sq Ft: 10998
  • Directions to Property: North on Whitfield from University Parkway. Left on Palm Aire Drive. House on left
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3977806&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3977806&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Subdivision Num: 2052800
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.96038
  • Price per Sq Ft: 116.67
  • Close to Original List Price Ratio: 0.90566
  • Ratio: Current Price\Building Area Total: 85.68
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), High Ceiling(s), Vaulted Ceiling(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Window Features: Blinds
  • Street Number Modifier: 5420
  • Room Count: 4
  • Additional Rooms: Breakfast Room Separate, Den/Library/Office, Formal Living Room Separate, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: None

Schools

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

Lot Info

  • Zoning: RSF4.5
  • Parcel Number: 2052800204
  • Additional Parcels: No
  • Lot Features: In County
  • Lot Dimensions: 94.0X117.0
  • Millage Rate: 16.49
  • Flood Zone Code: X
  • Future Land Use: 0100
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Expected Lease Date: 2014-02-27T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 2731
  • Tax Book Number: 0022/0069
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2013
Closed on
Feb 27, 2014
Sold by
Geletka John H and Geletka Sheryl Lang
Bought by
Davis Thurman C and Davis Deanna L
Seller's Agent
Elizabeth Snyder
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Jennifer Morgan
AMERICAN HOMES REALTY GROUP
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%
Current Estimated Value
$534,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,666
Avg. Annual Appreciation
7.12%
Original Mortgage
$240,000
Outstanding Balance
$182,463
Interest Rate
4.42%
Mortgage Type
VA
Estimated Equity
$352,204

Purchase Details

Closed on
Mar 10, 2011
Sold by
Stieglitz Judith A
Bought by
Geletka John H and Geletka Sheryl Lang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2009
Sold by
Horn Robert Lee and Horn Laura
Bought by
Stieglitz Judith A

Purchase Details

Closed on
Mar 28, 2007
Sold by
Barbish Victor M
Bought by
Horn Robert Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
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
Davis Thurman C $240,000 Attorney
Geletka John H $215,000 Attorney
Stieglitz Judith A $155,000 Horizon Title
Horn Robert Lee $435,000 Longboat Title Services Lc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Thurman C $240,000
Previous Owner Geletka John H $172,000
Previous Owner Horn Robert Lee $348,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2014 02/27/14 Sold $240,000 -4.0% $117 / Sq Ft
12/19/2013 12/19/13 Pending -- -- --
12/08/2013 12/08/13 For Sale $249,900 +4.1% $121 / Sq Ft
12/06/2013 12/06/13 Off Market $240,000 -- --
11/21/2013 11/21/13 For Sale $249,900 0.0% $121 / Sq Ft
10/06/2013 10/06/13 Pending -- -- --
09/03/2013 09/03/13 Price Changed $249,900 -1.9% $121 / Sq Ft
07/02/2013 07/02/13 Price Changed $254,850 -1.9% $124 / Sq Ft
05/29/2013 05/29/13 Price Changed $259,900 -1.9% $126 / Sq Ft
05/17/2013 05/17/13 For Sale $265,000 0.0% $129 / Sq Ft
05/09/2013 05/09/13 Pending -- -- --
05/06/2013 05/06/13 For Sale $265,000 -- $129 / 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 $340 $259,566 -- --
2024 $340 $252,251 -- --
2023 $317 $244,904 $0 $0
2022 $297 $237,771 $0 $0
2021 $267 $230,846 $0 $0
2020 $263 $227,659 $0 $0
2019 $250 $222,541 $0 $0
2018 $236 $218,392 $0 $0
2017 $226 $213,900 $0 $0
2016 $217 $209,500 $0 $0
2015 $3,233 $208,044 $0 $0
2014 $3,233 $184,833 $0 $0
2013 $3,002 $172,120 $28,097 $144,023
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3977806

Stellar MLS

APN: 20528-0020-4