NOT LISTED FOR SALE

551 S Palm Ave Unit 23 Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $1,273,616 - $1,716,000

3 Beds
2.5 Baths
2,013 Sq Ft
$800/mo HOA Fee

Last Sold September 19, 2012

Last sale price $780,000 $387 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $9,808/month

61 Days on Market

Highlights

  • Saltwater Pool
  • Open Floorplan
  • Wood Flooring
  • Southside Elementary School Rated A
  • Cathedral Ceiling
  • Spanish Architecture

About This Home

As of September 2012

"Only Free Standing" Villa among the 23 Units in Burns Court Villas located on Palm Avenue Downtown Sarasota. Each bedroom has a private balcony. This is like a private home, detached from the others, entrance directly from Palm Ave. This Villa has 2 stories, no elevator, and its own enclosed terrace in the back. It comes with 2 parking spaces. Beautiful quality throughout, Viking appliances, SubZero refrigerator, gas burners, wood cabinets, granite counter tops, stone and wood flooring, natural gas fireplace, volume 10' ceilings, crown moldings, solid raised panel 8' doors. Exclusive to residents of Burns Court Villas is a garden courtyard sanctuary that is truly one of a kind. Italian countryside setting, complete with terraced beds of flowers and lush plantings, vine-covered trellises, and an inviting sparkling pool, spa.

Last Agent to Sell the Property

Bibi-Ann Allard

MICHAEL SAUNDERS & COMPANY License #0697394 Listed on: 06/12/2012

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Sabrina Fusco-Sullivan

License #3055723

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,384

Year Built

  • Built in 2007

Lot Details

  • South Facing Home
  • Zero Lot Line

HOA Fees

  • $800 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Open Parking

Home Design

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

Interior Spaces

  • 2,013 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Gas Fireplace
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Storage Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Range Hood
  • Recirculated Exhaust Fan
  • <<microwave>>
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Saltwater Pool
  • Auto Pool Cleaner
  • Spa

Outdoor Features

  • Balcony
  • Outdoor Storage

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Tax Lot 23
  • Assessor Parcel Number 2027146023

Community Details

Overview

  • Association fees include cable TV, gas, insurance, maintenance structure, ground maintenance, manager, trash
  • Ami 383 3200 Association
  • Burns Court Villas Community
  • Burns Court Villas Subdivision
  • On-Site Maintenance

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,384

Year Built

Built in 2007

Lot Details

0

HOA Fees

$800 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Gas, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2013
  • New Construction: No
  • Year Built: 2007
  • Building Area Total: 2388
  • Directions to Property: South Palm Avenue Downtown Sarasota.
  • Status: Sold
  • Street Direction: S
  • Floor Number: 2
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 8423
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 387.48
  • Close to Original List Price Ratio: 1.00645
  • Ratio: Current Price\Building Area Total: 326.63
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas
  • Living Area Units: Square Feet
  • Flooring: Other, Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Eating Space In Kitchen, High Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Blinds
  • Street Number Modifier: 551
  • Room Count: 7
  • Additional Rooms: Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Other Structures: Storage
  • Pool Features: Auto Cleaner, Heated, Salt Water
  • Exterior Features: Balcony, Sliding Doors, Storage
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Secured
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Gas
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Pool
  • Association Amenities: Maintenance
  • Association Name: AMI 383-3200
  • Association: No
  • Security: Secured Garage/Parking, Smoke Detector(s)
  • Condo Fees: 800
  • Condo Fees Term: Monthly
  • Association Fee Requirement: None

Fee Information

  • Total Annual Fees: 9600
  • Total Monthly Fees: 800

Lot Info

  • Zoning: DTE
  • Parcel Number: 2027146023
  • Additional Parcels: No
  • Lot Features: City Lot, Zero Lot Line
  • Millage Rate: 16.51
  • Future Land Use: 0401
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 3 Months
  • Num Timesper Year: 2
  • Expected Lease Date: 2012-09-19T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 8384
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2014
Sold by
Graddisi Andrea
Bought by
Wilson James and Wilson Kimberly
Current Estimated Value
$1,467,154

Purchase Details

Listed on
Jun 12, 2012
Closed on
Sep 13, 2012
Sold by
Neville George and Neville Frances Jani
Bought by
Graddis Andrea
Seller's Agent
Bibi-Ann Allard
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Sabrina Fusco-Sullivan
List Price
$780,000
Sold Price
$780,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%

Purchase Details

Closed on
Apr 27, 2007
Sold by
Burns Court Development Llc
Bought by
Neville George and Neville Frances Jani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6%
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
Wilson James $870,000 Integrity Title Services Inc
Graddis Andrea $780,000 Attorney
Neville George $874,400 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Neville George $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2012 09/19/12 Sold $780,000 0.0% $387 / Sq Ft
08/13/2012 08/13/12 Pending -- -- --
06/12/2012 06/12/12 For Sale $780,000 -- $387 / 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 $10,860 $783,703 -- --
2023 $10,860 $760,877 $0 $0
2022 $10,608 $738,716 $0 $0
2021 $10,689 $717,200 $0 $717,200
2020 $11,201 $731,400 $0 $731,400
2019 $11,493 $751,500 $0 $751,500
2018 $12,734 $827,072 $0 $0
2017 $12,586 $810,061 $0 $0
2016 $12,525 $793,400 $0 $793,400
2015 $11,979 $705,000 $0 $705,000
2014 $8,497 $524,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bibi-Ann Allard

    Seller's Agent in 2012

    Bibi-Ann Allard

    Michael Saunders

    (941) 685-0422

    90 in this area

    115 Total Sales

    Bibi-Ann Allard
    Section Image

  • S

    Buyer's Agent in 2012

    Sabrina Fusco-Sullivan

    Section Image
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Map

Source: Stellar MLS

MLS Number: A3961604

Stellar MLS

APN: 2027-14-6023

Florida Sarasota County Sarasota 34236 Downtown Sarasota

551 S Palm Ave Unit 23, Sarasota, FL

This home is located at 551 S Palm Ave Unit 23, Sarasota, FL 34236 since 12 June 2012 and is currently estimated at $1,467,154, approximately $728 per square foot. This property was built in 2007. 551 S Palm Ave Unit 23 is a home located in Sarasota County with nearby schools including Southside Elementary School, Booker Middle School, and Sarasota High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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