NOT LISTED FOR SALE

5713 Fossano Dr Unit 703 Sarasota, FL 34238

Palmer Ranch Neighborhood

Estimated Value: $417,787 - $432,000

3 Beds
2 Baths
1,863 Sq Ft
$229/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $480,000 $258 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $2,780/month

About This Home

As of August 2022

THIS IS AN ANNUAL RENTAL and this 2nd floor unit has 180 degree spectacular lake views. This spacious 3 bed/2 bath condo is located in The Isles on Palmer Ranch, it features 1863 sq. ft., newer carpet and paint, generously sized living and dining areas, and a beautiful lanai. There are significant upgrades including granite and stone countertops, tiled backsplashes, updated light and fan fixtures, wood cabinets, and more! Eat-in kitchen as well as a dining room - so either could also be used as office space for those who work remotely. The rear screened lanai possesses an exceptional unobstructed lake view. Attached one-car garage, and ample parking outside with a dedicated driveway/street parking. The community itself is "amenity filled" with a clubhouse, fitness center, community pool, lighted tennis and pickleball courts, plenty of communal parking, a kitchen and private room which can be used for functions and lastly a pergola with a lake view. Located in prestigious Palmer Ranch, it's conveniently located to near: the new Publix in Palmer Ranch, Osprey/Nokomis/Venice, I75, various restaurants, shopping, walking trails and other amenities. 1st/Last/Security required for move in. Credit/background/eviction search checks on all applicants.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2024
Sold by
Carrera Michael J
Bought by
Michael J Carrera Trust and Carrera
Current Estimated Value
$425,697

Purchase Details

Listed on
Aug 2, 2022
Closed on
Sep 1, 2022
Sold by
Corinth Family Land Trust
Bought by
Carrera Michael J
Seller's Agent
DANIEL YOUNG
EVERGREEN REAL ESTATE SERVICES
Buyer's Agent
Stacey Andrews
ANDREWS & ASSOCIATES REALTY
List Price
$495,000
Sold Price
$480,000
Premium/Discount to List
-$15,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.37%

Purchase Details

Listed on
Mar 8, 2019
Closed on
Apr 17, 2019
Sold by
Bell Gordon and Bell Jennifer
Bought by
Cfl Land Trustee Llc
Seller's Agent
Anne Gallant
COLDWELL BANKER SUNSTAR REALTY
Buyer's Agent
DANIEL YOUNG
EVERGREEN REAL ESTATE SERVICES
List Price
$263,900
Sold Price
$263,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.36%

Purchase Details

Closed on
Oct 31, 2015
Sold by
Bell Gordon and Bell Jennifer
Bought by
Bell Family Living Trust

Range of Values:

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Average Value
Not Available
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
Michael J Carrera Trust $100 None Listed On Document
Carrera Michael J $480,000 Kohl Lauren
Cfl Land Trustee Llc $263,900 Premier Florida Title Llc
Bell Family Living Trust -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cfl Land Trustee Llc $95,000
Previous Owner Bell Gordon $182,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Rented $2,500 -13.6% --
08/31/2023 08/31/23 Under Contract -- -- --
07/21/2023 07/21/23 For Rent $2,895 0.0% --
12/01/2022 12/01/22 Rented $2,895 0.0% --
10/17/2022 10/17/22 Under Contract -- -- --
10/05/2022 10/05/22 Price Changed $2,895 -3.5% $2 / Sq Ft
09/19/2022 09/19/22 Price Changed $3,000 +3.6% $2 / Sq Ft
09/02/2022 09/02/22 For Rent $2,895 0.0% --
08/31/2022 08/31/22 Sold $480,000 -3.0% $258 / Sq Ft
08/05/2022 08/05/22 Pending -- -- --
08/02/2022 08/02/22 For Sale $495,000 +87.6% $266 / Sq Ft
04/17/2019 04/17/19 Sold $263,900 0.0% $142 / Sq Ft
03/11/2019 03/11/19 Pending -- -- --
03/07/2019 03/07/19 For Sale $263,900 -- $142 / Sq Ft

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 $5,038 $317,700 -- $317,700
2023 $5,038 $381,100 $0 $381,100
2022 $4,135 $348,000 $0 $348,000
2021 $3,370 $234,000 $0 $234,000
2020 $3,385 $231,500 $0 $231,500
2019 $3,225 $222,100 $0 $222,100
2018 $3,577 $251,900 $0 $251,900
2017 $3,581 $243,480 $0 $0
2016 $3,450 $237,600 $0 $237,600
2015 $3,257 $216,400 $0 $216,400
2014 $3,126 $166,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tony Andrews

    Seller's Agent in 2023

    Tony Andrews

    ANDREWS & ASSOCIATES REALTY

    (941) 504-7769

    7 in this area

    102 Total Sales

    Tony Andrews
    Section Image

  • D

    Seller's Agent in 2022

    DANIEL YOUNG

    EVERGREEN REAL ESTATE SERVICES

    (407) 361-6236

    1 in this area

    37 Total Sales

    DANIEL YOUNG
    Section Image
  • Stacey Andrews

    Buyer's Agent in 2022

    Stacey Andrews

    ANDREWS & ASSOCIATES REALTY

    (941) 504-1649

    8 in this area

    110 Total Sales

    Stacey Andrews
    Section Image
  • Anne Gallant

    Seller's Agent in 2019

    Anne Gallant

    COLDWELL BANKER SUNSTAR REALTY

    (941) 889-8847

    8 Total Sales

    Anne Gallant
    Section Image
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Map

Florida Sarasota County Sarasota 34238 Palmer Ranch

5713 Fossano Dr Unit 703, Sarasota, FL

Homes for Sale in Sarasota, FL

This home is located at 5713 Fossano Dr Unit 703, Sarasota, FL 34238 and is currently estimated at $425,697, approximately $228 per square foot. 5713 Fossano Dr Unit 703 is a home located in Sarasota County with nearby schools including Laurel Nokomis School, Venice High School, and Good Shepherd Lutheran School.

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