NOT LISTED FOR SALE

5443 Lago Maggio St Sarasota, FL 34238

Estimated Value: $744,664 - $805,000

3 Beds
2 Baths
1,918 Sq Ft
$406/Sq Ft Est. Value

Last Sold August 04, 2023

Last sale price $825,000 $430 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $5,308/month

6 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Open Floorplan
  • Laurel Nokomis School Rated A-
  • Lake View
  • Clubhouse

About This Home

As of August 2023

Under contract-accepting backup offers.One or more photo(s) has been virtually staged. Live the resort lifestyle you've always dreamed of in the DESIRABLE gated community of Esplanade of Palmer Ranch. Welcome to this impressive WATERFRONT home where luxury and comfort merge effortlessly. This home boasts an open floor plan with tall ceilings, wood- look tile, crown molding, 11' tray ceilings, and 8-foot doors, creating a sense of grandeur and spaciousness. The living room, kitchen, and dining area seamlessly flow together, providing the perfect setting for entertaining family and friends. The kitchen is a chef's dream, featuring GE CAFE Series stainless steel appliances, grey subway backsplash, gas cooktop, and a farm sink that effortlessly blend style and functionality. The gleaming quartz countertops provide ample workspace, while the 42-inch cabinets offer generous storage for all your culinary needs along with soft close with crown toppers. The split bedrooms provide privacy and convenience for both residents and guests. The expansive master bedroom is a true retreat, complete with a spacious walk-in closet and a linen closet for all your storage needs. The en-suite bathroom boasts dual sinks and glass enclosed walk in shower. Step outside to your large screened lanai and you are greeted by the lake view that provides the serene sunsets and a brand new outdoor kitchen with a beverage cooler. Esplanade of Palmer Ranch offers maintenance-free living, you can enjoy the best of both worlds – a beautiful home without the hassle of exterior upkeep. Spend your time indulging in the finer things in life, knowing that the exterior maintenance is taken care of. A resort-style HEATED swimming POOL with a clubhouse, Restaurant ,Bahama Bar, spa, fire pit, fitness center with state-of-the-art equipment, yoga, aerobics, tennis, pickle ball, bocce ball, playground and dog park is a fantastic amenity combination that offers a range of activities and relaxation opportunities for residents and guests. The amenities include a Lifestyle director, catering kitchen, lounge areas and walking trails. The community is a fun place to live and welcomes golf carts! This gated community has a private entrance to the Legacy Bike Trail. The home is near both Siesta and Nokomis Beaches, Costco, and loads of shopping and restaurants. The white sand beaches of Siesta Key are less than 20 minutes away. Located in an A-rated school district. Don't miss this opportunity to own this home that combines luxury, comfort, and convenience. Schedule a viewing today and experience the epitome of gracious living.

Last Agent to Sell the Property

Rachel Tritschler

RE/MAX ALLIANCE GROUP License #3368249 Listed on: 06/26/2023

RE/MAX ALLIANCE GROUP

Co-Listed By

Richard Tritschler

RE/MAX ALLIANCE GROUP License #509224

Last Buyer's Agent

Marcia Frost

COLDWELL BANKER REALTY License #3082356

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,155

Year Built

  • Built in 2022

Lot Details

  • 6,695 Sq Ft Lot
  • North Facing Home
  • Irrigation
  • Property is zoned RSF1

HOA Fees

  • $493 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Concrete Siding

Interior Spaces

  • 1,918 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Lake Views

Kitchen

  • Convection Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters
  • Private Mailbox

Schools

  • Laurel Nokomis Elementary School
  • Laurel Nokomis Middle School
  • Venice Senior High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Thermostat
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, pool, ground maintenance, management, recreational facilities, security
  • Castle Group: Melissa Smith Association, Phone Number (941) 444-9146
  • Esplanade On Palmer Ranch Community
  • Esplanade/Palmer Ranch Ph 1 Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,155

Year Built

Built in 2022

Lot Details

0

HOA Fees

$493 per month

Parking

2

Listing Details

  • HOA Fee Includes: Common Area Taxes, Pool, Maintenance Grounds, Management, Recreational Facilities, Security
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 1918
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 2022
  • Building Area Total: 2562
  • Lot Size Sq Ft: 6695
  • Directions to Property: Honore Ave North; Left onto Legacy Estates Blvd; 2nd exit on roundabout onto Via Casa Blvd; Stop at the "Envera" (Electric Guard Gate) and give your driver's license (they will give this back to you); when gate opens make your first left onto Lago Maggio.
  • Status: Sold
  • Co List Office Mls Id: MFR281518938
  • Co List Office Phone: 941-954-5454
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Sarasota
  • Escrow Postal Code: 34237
  • Escrow State: FL
  • Escrow Street Name: Main Street
  • Escrow Street Number: 3011
  • List Office Head Office Key Nume: 1047486
  • Minimum Lease: 1 Month
  • Number Of Pets: 3
  • RATIO Current Price By Calculate: 430.14
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • Tax Year: 2022
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Kitchen/Family Room Combo, Open Floorplan, Split Bedroom, Thermostat
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 5443
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 178.19
  • Room Count: 9

Exterior Features

  • Direction Faces: North
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Private Mailbox, Rain Gutters, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0229F

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: None, Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness Center, Golf Carts OK, Playground, Pool, Sidewalks, Tennis Courts
  • Association Amenities: Clubhouse, Fitness Center, Gated, Playground, Pool, Tennis Court(s)
  • Association Fee: 1479.92
  • Association Fee Frequency: Quarterly
  • Association Name: Castle Group: Melissa Smith
  • Phone: (941) 444-9146
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Association Email: msmith@castlegroup.com
  • Pet Size: Extra Large (101+ Lbs.)
  • Association URL: esplanadepr.com New Resident Info Here

Fee Information

  • Total Annual Fees: 5919.68
  • Total Monthly Fees: 493.31
  • Monthly HOA Amount: 493.31

Schools

  • Elementary School: Laurel Nokomis Elementary
  • High School: Venice Senior High
  • Middle Or Junior School: Laurel Nokomis Middle

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0138110365
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 622

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: SEE HOA DOCS

Tax Info

  • Tax Annual Amount: 2155
  • Tax Block: 1
  • Tax Book Number: 51-10
  • Tax Lot: 365

Multi Family

  • Approval Process: Application - refer to HOA Docs.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2023
Closed on
Jul 24, 2023
Sold by
Opromalla Gail R and Opromalla Joseph
Bought by
Joy W Minear Revocable Living Trust and Minear
Seller's Agent
Rachel Tritschler
RE/MAX ALLIANCE GROUP
Buyer's Agent
Marcia Frost
COLDWELL BANKER REALTY
List Price
$865,000
Sold Price
$825,000
Premium/Discount to List
-$40,000
-4.62%
Views
8
Current Estimated Value
$778,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,584
Avg. Annual Appreciation
-2.76%

Purchase Details

Closed on
Dec 15, 2022
Sold by
Taylor Morrison Of Florida Inc
Bought by
Opromalla Gail R and Opromalla Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.08%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Joy W Minear Revocable Living Trust $825,000 None Listed On Document
Opromalla Gail R $689,800 Inspired Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Opromalla Gail R $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2023 08/04/23 Sold $825,000 -4.6% $430 / Sq Ft
07/03/2023 07/03/23 Pending -- -- --
06/26/2023 06/26/23 For Sale $865,000 -- $451 / 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 $7,284 $630,100 $238,700 $391,400
2023 $7,284 $579,000 $151,200 $427,800
2022 $2,155 $202,800 $202,800 $0
2021 $1,928 $167,100 $167,100 $0
2020 $1,903 $167,100 $167,100 $0
2019 $1,495 $118,600 $118,600 $0
2018 $1,545 $122,300 $122,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4574276

Stellar MLS

APN: 0138-11-0365