NOT LISTED FOR SALE

5504 Inverness Dr Sarasota, FL 34243

Estimated Value: $567,598 - $716,000

3 Beds
3 Baths
2,452 Sq Ft
$249/Sq Ft Est. Value

Last Sold May 15, 2013

Last sale price $332,500 $136 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,532/month

36 Days on Market

Highlights

  • Screened Pool
  • No HOA
  • Golf Cart Parking
  • Wood Flooring
  • Mature Landscaping
  • Walk-In Closet

About This Home

As of May 2013

Move-in ready and waiting for the right family! This home is ideally located in the prestigious Palm Aire Country Club subdivision, within close proximity to the popular new shopping area, University Town Center. Just minutes away, this luxury mall features 800,000 square feet of your favorite stores. World-class rowing facility coming soon! Within walking or biking distance to the new Conservatory Park, featuring a fish-fertile 10-acre lake hugged by 55 unspoiled acres of lush, tropical foliage. Enjoywalking and hiking trails, picnic areas and some of the best angling the area has to offer. If you want to feel like you're away from it all, yet conveniently close to downtown Sarasota, the Sarasota/Bradenton International airport, our award-winning beaches, unlimited shopping options, an array of restaurants, and just minutes from the Interstate... look no further. Located on a private cul-d-sac with a panoramic golf course view, this is your private slice of paradise. The neighborhood is coveted forits tranquil ambiance; perfect for young couples, new families, and retirees. Unlike so many communities developed today, this charming subdivision was thoughtfully created around - and with respect for - the plethora of hundred-year-old trees that gracethe grounds.

Last Agent to Sell the Property

Barry Bright

BRIGHT REALTY License #0683275 Listed on: 02/21/2013

BRIGHT REALTY

Last Buyer's Agent

Denny Yoder

License #0705701

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,489

Year Built

  • Built in 1976

Lot Details

  • 0.36 Acre Lot
  • Mature Landscaping
  • Irrigation
  • Property is zoned RSF4.5

Parking

  • 2 Car Garage
  • Golf Cart Parking

Home Design

  • 2,452 Sq Ft Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Kitchen

  • Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Pool

  • Screened Pool
  • Private Pool
  • Spa
  • Fence Around Pool

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Desoto Lakes Cntry Clb Clny Community
  • De Soto Lakes Country Club Colo Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,489

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2452
  • Lot Size Acres: 0.36
  • New Construction: No
  • Year Built: 1976
  • Building Area Total: 3753
  • Lot Size Sq Ft: 15464
  • Directions to Property: University Parkway to the Palm Aire entrance (Whitfield Ave.), make the third left onto Palm Aire Dr., follow street approximately 1 mile and make a right on Canterbury, veer right onto Inverness Drive and it is located towards the end on right.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3973952&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3973952&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: 1924400
  • Call Center Phone Number: 941-726-1953
  • Ratio: Close Price\List Price: 0.95
  • Price per Sq Ft: 135.6
  • Close to Original List Price Ratio: 0.95
  • Ratio: Current Price\Building Area Total: 88.6
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 3
  • Interior Amenities: Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Refrigerator, Trash Compactor, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Spa Yn: Yes
  • Street Number Modifier: 5504
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Screen Enclosure
  • Exterior Features: Irrigation System
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

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

Lot Info

  • Zoning: RSF4.5
  • Parcel Number: 1927800001
  • Additional Parcels: No
  • Lot Features: In County
  • Millage Rate: 16.49
  • Future Land Use: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Expected Lease Date: 2013-05-15T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 2489
  • Tax Book Number: 0009/0090
  • Tax Lot: 47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2013
Closed on
May 15, 2013
Sold by
Panton Gary C and Panton Pamela S
Bought by
Surman Charles W and Mckinley Margaret J
Seller's Agent
Barry Bright
BRIGHT REALTY
Buyer's Agent
Denny Yoder
List Price
$350,000
Sold Price
$332,500
Premium/Discount to List
-$17,500
-5%
Current Estimated Value
$609,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,150
Avg. Annual Appreciation
5.00%
Original Mortgage
$100,000
Outstanding Balance
$70,733
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$538,917

Purchase Details

Closed on
Oct 16, 2001
Sold by
Loeb James W and Bouville Carol L
Bought by
Panton Gary C and Panton Pamela S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.87%
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
Surman Charles W $332,500 Sunbelt Title Agency
Panton Gary C $189,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Surman Charles W $100,000
Previous Owner Panton Gary C $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2013 05/15/13 Sold $332,500 -5.0% $136 / Sq Ft
03/30/2013 03/30/13 Pending -- -- --
02/21/2013 02/21/13 For Sale $350,000 -- $143 / 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 $3,602 $265,383 -- --
2024 $3,602 $257,904 -- --
2023 $3,529 $250,392 $0 $0
2022 $3,462 $243,099 $0 $0
2021 $3,324 $236,018 $0 $0
2020 $3,424 $232,759 $0 $0
2019 $3,359 $227,526 $0 $0
2018 $3,314 $223,284 $0 $0
2017 $3,084 $218,691 $0 $0
2016 $3,066 $214,193 $0 $0
2015 $3,082 $212,704 $0 $0
2014 $3,082 $211,016 $0 $0
2013 $2,468 $173,292 $40,850 $132,442
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3973952

Stellar MLS

APN: 19278-0000-1