NOT LISTED FOR SALE

5520 Salem Square Dr S Palm Harbor, FL 34685

Estimated Value: $413,000 - $460,000

2 Beds
2 Baths
1,725 Sq Ft
$258/Sq Ft Est. Value

Last Sold October 04, 2023

Last sale price $517,250 $300 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $3,039/month

Highlights

  • Access To Pond
  • Home fronts a pond
  • Pond View
  • Cypress Woods Elementary School Rated A-
  • Gated Community
  • Open Floorplan

About This Home

As of October 2023

Perfectly situated in the East Lake corridor, gated Salem Square is nestled in the quiet Ridgemoor neighborhood with walking trails, tennis courts, a pool & playground to enjoy! Casual elegance is the best way to describe this true 3 bedroom villa, with its enclosed FL/sunroom (not included in the square footage). On a pond, it is a restful sight on a hectic day! Curb appeal abounds as you approach, and once the front door opens you are transported into a warm and welcoming atmosphere with soaring ceilings, hickory wood flooring, an open concept floor plan & a totally remodeled interior. You will love to entertain large or small gatherings in the living room, which is nicely sized and overlooks the sunroom through French doors, the dining room & kitchen. The charming dining room is perfect for all meals and is large enough for a crowd or small enough for an intimate dinner. The elegant cook’s kitchen is a remodeled work of art with tons of gorgeous white wood cabinets which include soft close pull out drawers, select glass front upper cabinets, newer stainless appliances, 28’ of endless quartz counters, a beautiful marble backsplash, a built in wine cooler, accent & pendant lighting, extra electrical outlets, and a breakfast bar for casual meals. The sunroom provides 400 sq ft of luxury, 2 skylights and windows on 2 sides to bring the outdoors in. The custom shades provide privacy, light, and frame the windows nicely. The sunroom roof was replaced in 2019 and the HVAC was replaced in 2023 and comes with a 10 year warranty. The home HVAC was replaced in 2020 and also has a 10 year warranty for peace of mind. These warranties also cover the wiring! After a long day, retreat to the spacious owner’s bedroom suite which has its own entrance to the sunroom. 2 walk in closets and a linen closet will hold all of your belongings. The primary bath has been totally remodeled with quartz counters, a huge vanity, a solor tube to permit daylight, & an elegant walk in shower. The triple split bedroom plan provides privacy for family & guests. The 2nd bedroom can easily host multiple family members comfortably, and is so convenient with the beautifully remodeled hall bath just a few feet away! The 3rd bedroom doubles as a den/office with its wall of closets for convenience. Laundry day is a breeze in the interior laundry room, which also provides extra storage and a laundry sink. Your morning coffee or a cocktail after dinner can be an entertaining respite as you enjoy views of the pond & nature in the sunroom. Professional landscaping is a joy to behold and the two car garage completes the home, and features an electrical outlet straight to the breaker box for a portable generator, in addition to lots of space for your cars and toys! There are too many updates to list, but a few are: no popcorn ceilings, newer paint inside and out, all new interior doors and front door, HWH 2020, water softner 2020, 10 year warranties on the HVAC systems, gorgeous hickory flooring, 4” baseboards, air conditioned attic storage, a totally remodeled and open kitchen with walls removed, totally remodeled primary and hall baths, 400 additional sq ft (sunroom), professional landscaping, and all this is on a pond! You really can’t ask for more with this home, which is move in ready. If you are looking for resort style living in a secure, no maintenance community, close to TIA, world class golf, fine dining, and our famous Gulf beaches, welcome home!

Last Agent to Sell the Property

Joanne Rudowski

RE/MAX REALTEC GROUP INC Brokerage Phone: 727-789-5555 License #3112975 Listed on: 08/25/2023

RE/MAX REALTEC GROUP INC

Co-Listed By

Nicole DiSabato Harmon

RE/MAX REALTEC GROUP INC Brokerage Phone: 727-789-5555 License #3276771

Last Buyer's Agent

Kathy Leone

SOUTHERN LIFE REALTY License #3507799

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,460

Year Built

  • Built in 1992

Lot Details

  • 4,739 Sq Ft Lot
  • Home fronts a pond
  • Northwest Facing Home
  • Mature Landscaping
  • Level Lot
  • Irrigation
  • Property is zoned RPD-2.5_1.

HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,725 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Shades
  • Shutters
  • Blinds
  • French Doors
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room
  • Sun or Florida Room
  • Inside Utility
  • Pond Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only
  • Window or Skylight in Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Access To Pond
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Cypress Woods Elementary School
  • Carwise Middle School
  • East Lake High School

Utilities

  • Central Heating and Cooling System
  • Mini Split Air Conditioners
  • Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, escrow reserves fund, maintenance structure, ground maintenance, private road, recreational facilities, trash
  • Melrose Management/Cat Gates Association, Phone Number (727) 787-3461
  • Ridgemoor Master Association, Phone Number (813) 341-0943
  • Salem Square Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,460

Year Built

Built in 1992

Lot Details

4,739 Sq Ft Lot

HOA Fees

$435 per month

Parking

2

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Private Road, Recreational Facilities, Trash
  • Property Type: Residential
  • Property Sub Type: Villa
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1725
  • Lot Size Acres: 0.11
  • New Construction: No
  • Year Built: 1992
  • Building Area Total: 1725
  • Lot Size Sq Ft: 4739
  • Status: Sold
  • Street Post Direction: S
  • Co List Office Mls Id: MFR260000706
  • Co List Office Phone: 727-789-5555
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 160.26
  • Escrow City: Clearwater
  • Escrow State: FL
  • Escrow Street Name: US Hwy 19 N Ste 100
  • Floor Number: 1
  • Minimum Lease: 8-12 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 299.86
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • Planned Unit Development Yn: 1
  • Property Description: End Unit
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Wood
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Skylight(s), Solid Wood Cabinets, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Window Features: Blinds, Shades, Shutters
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Florida Room,Formal Dining Room Separate,Formal Living Room Separate,Inside Utility
  • Living Area Meters: 160.26

Exterior Features

  • Direction Faces: Northwest
  • Exterior Features: French Doors, Irrigation System, Lighting, Sidewalk
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Road Surface Type: Paved
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Access: Pond
  • Water View: Pond
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12103C0081G

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air, Mini-Split Unit(s), Wall/Window Unit(s)
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Playground, Pool, Sidewalks, Tennis Courts
  • Association Amenities: Gated, Playground, Tennis Court(s)
  • Association Fee: 365
  • Association Fee Frequency: Monthly
  • Association Name: Melrose Management/Cat Gates
  • Phone: 727-787-3461
  • Association: Yes
  • Senior Community: No
  • Association #2 Fee: 70
  • Association #2 Fee Frequency: Monthly
  • Association: Ridgemoor Master
  • Association Phone #2: 813-341-0943
  • Association 2 YN: 1
  • Association Approval Required YN: 1
  • Pet Restrictions: 1 dog under 25 lbs, or 2 Cats
  • Association Fee Requirement: Required
  • Max Pet Weight: 25
  • Association Email: management@melrose-support.com
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 5220.00
  • Total Monthly Fees: 435.00
  • Monthly HOA Amount: 365.00

Schools

  • Elementary School: Cypress Woods Elementary-PN
  • High School: East Lake High-PN
  • Middle Or Junior School: Carwise Middle-PN

Lot Info

  • Zoning: RPD-2.5_1.
  • Parcel Number: 26-27-16-78470-000-0140
  • Additional Parcels: No
  • Lot Features: In County, Landscaped, Level, Sidewalk, Paved
  • Property Attached Yn: Yes
  • Flood Zone Code: exempt

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Check with the management company

Tax Info

  • Tax Annual Amount: 2460
  • Tax Block: 0
  • Tax Book Number: 99-95
  • Tax Lot: 14

Multi Family

  • Waterfront Features: Pond
  • Approval Process: Check with the management company

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Oct 4, 2023
Sold by
Eustice James R and Eustice Linda Logan
Bought by
Ischer Daniel and Ischer Mary
Seller's Agent
Joanne Rudowski
RE/MAX REALTEC GROUP INC
Buyer's Agent
Kathy Leone
SOUTHERN LIFE REALTY
List Price
$519,900
Sold Price
$517,250
Premium/Discount to List
-$2,650
-0.51%
Views
9
Current Estimated Value
$444,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$72,493
Avg. Annual Appreciation
-5.98%
Original Mortgage
$190,000
Outstanding Balance
$185,825
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$258,932

Purchase Details

Listed on
Aug 18, 2017
Closed on
Oct 9, 2017
Sold by
George Pamela
Bought by
Eustice James R and Eustice Linad
Seller's Agent
Beverly Bucklew
FUTURE HOME REALTY INC
Buyer's Agent
Kathie Lea
EXP REALTY
List Price
$230,000
Sold Price
$228,000
Premium/Discount to List
-$2,000
-0.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.66%
Original Mortgage
$182,400
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2010
Sold by
Drummond Mae
Bought by
George Pamela

Purchase Details

Closed on
Jul 31, 2009
Sold by
Peluso Richard M and Peluso Mary J
Bought by
Drummond Mae

Purchase Details

Closed on
Mar 27, 2001
Sold by
Thompson Robert F and Thompson Rosemary F
Bought by
Peluso Richard and Peluso Mary
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ischer Daniel $517,300 Fidelity National Title Of Flo
Eustice James R $228,000 Anclote Title Services Inc
George Pamela -- None Available
Drummond Mae $218,800 Anclote Title Services Inc
Peluso Richard $161,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ischer Daniel $190,000
Previous Owner Eustice James R $182,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2023 10/04/23 Sold $517,250 -0.5% $300 / Sq Ft
08/26/2023 08/26/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $519,900 +128.0% $301 / Sq Ft
08/17/2018 08/17/18 Off Market $228,000 -- --
10/09/2017 10/09/17 Sold $228,000 -0.9% $132 / Sq Ft View Prior Sale
09/04/2017 09/04/17 Pending -- -- --
08/30/2017 08/30/17 For Sale $230,000 0.0% $133 / Sq Ft
08/18/2017 08/18/17 Pending -- -- --
08/18/2017 08/18/17 For Sale $230,000 -- $133 / Sq Ft
Source: Stellar MLS

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 $3,485 $238,859 -- --
2024 $2,541 $232,127 -- --
2023 $2,541 $176,590 $0 $0
2022 $2,460 $171,447 $0 $0
2021 $2,479 $166,453 $0 $0
2020 $2,468 $164,155 $0 $0
2019 $2,420 $160,464 $0 $0
2018 $2,383 $157,472 $0 $0
2017 $4,258 $208,976 $0 $0
2016 $2,265 $148,166 $0 $0
2015 $2,300 $147,136 $0 $0
2014 $2,285 $145,968 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8211515

Stellar MLS

APN: 26-27-16-78470-000-0140

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