NOT LISTED FOR SALE

5463 Lago Maggio St Sarasota, FL 34238

Estimated Value: $696,694 - $771,000

2 Beds
2 Baths
1,689 Sq Ft
$436/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $649,937 $385 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,587/month

Highlights

  • 46 Feet of Lake Waterfront
  • New Construction
  • Open Floorplan
  • Laurel Nokomis School Rated A-
  • In Ground Pool
  • Private Lot

About This Home

As of February 2023

Annual rental, not short term, unfurnished, No pets. Life-style resort living amenities, clubhouse, fully equipped gym, resort pools, Bahama Bar, pickle ball, tennis, community nature paths, and Legacy bike trail access. Panoramic large lake view with private pool, great room design, split plan, 2 bedrooms, den, 2 baths. Minutes to Sarasota beaches, shopping and services.

Last Agent to Rent the Property

Leonard Giarrano

RE/MAX ALLIANCE GROUP License #0646299 Listed on: 12/24/2022

RE/MAX ALLIANCE GROUP

Last Renter's Agent

Leonard Giarrano

RE/MAX ALLIANCE GROUP License #0646299 Listed on: 12/24/2022

RE/MAX ALLIANCE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,315

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 6,517 Sq Ft Lot
  • 46 Feet of Lake Waterfront
  • Lake Front
  • Cul-De-Sac
  • North Facing Home
  • Private Lot
  • Irregular Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Lake
  • Woods
  • Park or Greenbelt

Interior Spaces

  • 1,689 Sq Ft Home
  • Open Floorplan
  • Tray Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Entrance Foyer
  • Great Room
  • Den
  • Fire and Smoke Detector

Kitchen

  • Convection Oven
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Brick
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa
  • Gunite Pool

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Natural Gas Connected
  • Water Filtration System
  • Tankless Water Heater
  • Fiber Optics Available

Additional Features

  • Reclaimed Water Irrigation System
  • Screened Patio

Community Details

  • Property has a Home Owners Association
  • Melissa Smith Association, Phone Number (951) 500-9455
  • Built by Taylor Morrison Homes
  • Esplanade On Palmer Ranch Subdivision, Roma Floorplan
  • Esplanade On Palmer Ranch Community
  • Greenbelt

Listing and Financial Details

  • Residential Lease
  • Security Deposit $4,500
  • Property Available on 2/1/23
  • The owner pays for grounds care, pool maintenance, recreational, trash collection
  • 12-Month Minimum Lease Term
  • $50 Application Fee
  • 7-Month Minimum Lease Term
  • Assessor Parcel Number 0138110360

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,315

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Lease Amount Frequency: Monthly
  • Pets Allowed: No
  • Available Date: 2023-02-01
  • Terms Of Lease: 1st Last and Sec Dep Required,No Smoking
  • Long Term YN: 1
  • Security Deposit: 4500

Listing Details

  • Property Type: Residential Lease
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Fireplace: No
  • Living Area: 1689
  • Lot Size Acres: 0.15
  • New Construction: Yes
  • Year Built: 2022
  • Building Area Total: 2338
  • Lease Term: Twelve Months
  • Lot Size Sq Ft: 6517
  • Owner Pays: Grounds Care, Pool Maintenance, Recreational, Trash Collection
  • Directions to Property: From I-75 exit 205, west on Clark Rd 1 mile, left onto Honore Ave. & 3.5 miles south & right into Esplanade on Palmer Ranch, 2nd exit on roundabout, into the Esplanade on Palmer Ranch, first left on to Lago Maggio last home on right.
  • Status: Leased
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1047486
  • Minimum Lease: 7 Months
  • RATIO Current Price By Calculate: 2.66
  • Unit Number YN: 0
  • Water Access YN: 0
  • Security Deposit Terms: Security is good faith deposit until application approved by HOA and converts to security deposit upon HOA approval
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Stone Counters, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer, Water Filtration System
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: In Ground
  • Spa Yn: No
  • Window Features: Double Pane Windows
  • Street Number Modifier: 5463
  • ResoLivingAreaSource: Builder
  • Additional Rooms: Den/Library/Office
  • Living Area Meters: 156.91
  • Room Count: 9

Exterior Features

  • Direction Faces: North
  • Pool Features: Gunite, In Ground
  • Pool Private: Yes
  • View: Park/Greenbelt, Trees/Woods, Water
  • Waterfront: Yes
  • Patio and Porch Features: Screened
  • Road Surface Type: Asphalt, Paved
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 46
  • Water Frontage Feet Lake: 46
  • Additional Water Information: No fishing.

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Utilities: Electricity Connected, Fiber Optics, Natural Gas Connected, Sewer Connected, Sprinkler Recycled, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Melissa Smith
  • Phone: 951-500-9455
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 1
  • Association Fee Requirement: None

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00
  • Application Fee: 50

Schools

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

Lot Info

  • Parcel Number: 0138110360
  • Lot Features: Cul-De-Sac, Greenbelt, In County, Irregular Lot, Paved, Private
  • Property Attached Yn: No
  • Lot Size Square Meters: 605

Green Features

  • Green Water Conservation: Irrigation-Reclaimed Water
  • Green Verification Count: 0

Building Info

  • Builder Name: Taylor Morrison Homes

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 24, 2022
Closed on
Dec 15, 2022
Sold by
Taylor Morrison Of Florida Inc
Bought by
Leonard Giarrano Iii And Darasy Giarrano Join
Seller's Agent
Leonard Giarrano
RE/MAX ALLIANCE GROUP
Buyer's Agent
Leonard Giarrano
RE/MAX ALLIANCE GROUP
Sold Price
$4,500
Views
5
Current Estimated Value
$735,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$731,174
Avg. Annual Appreciation
6.06%
Original Mortgage
$267,500
Outstanding Balance
$260,950
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$502,233
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
Leonard Giarrano Iii And Darasy Giarrano Join $650,000 Inspired Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leonard Giarrano Iii And Darasy Giarrano Join $267,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2023 02/01/23 Rented $4,500 0.0% --
01/20/2023 01/20/23 Price Changed $4,500 -10.0% $3 / Sq Ft
01/14/2023 01/14/23 Price Changed $5,000 -9.1% $3 / Sq Ft
01/10/2023 01/10/23 Price Changed $5,500 -8.3% $3 / Sq Ft
12/24/2022 12/24/22 For Rent $6,000 0.0% --
12/16/2022 12/16/22 Sold $649,937 0.0% $385 / Sq Ft
12/16/2022 12/16/22 For Sale $649,937 -- $385 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
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 $7,315 $630,600 $236,600 $394,000
2023 $7,315 $582,700 $149,800 $432,900
2022 $2,195 $201,000 $201,000 $0
2021 $2,042 $177,200 $177,200 $0
2020 $2,016 $177,200 $177,200 $0
2019 $1,583 $125,700 $125,700 $0
2018 $1,622 $128,500 $128,500 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Stellar MLS

MLS Number: A4555552

Stellar MLS

APN: 0138-11-0360