$480,000
SOLD AUG 31, 2022

5713 Fossano Dr Unit 703 Sarasota, FL 34238

3 Beds
2 Baths
1,863 Sq Ft
$723/mo HOA Fee

Recently Sold

$258 Per Sq Ft

3% Below List Price

2 Days on Market

Highlights

  • Fitness Center
  • Lake View
  • Stone Countertops
  • Laurel Nokomis School Rated A-
  • Cathedral Ceiling
  • Community Pool

About This Home

As of August 2022

Located in The Isles on Palmer Ranch, this serene, spacious 3 bed/2 bath condo is the perfect fit for a snowbird, a family seeking to settle down or those who simply enjoy a long getaway in a home away from home. A second floor unit, there is an attached one-car garage and ample parking outside with a dedicated driveway. The condo itself has 1,863 square feet of living space with generously sized living and dining areas as well as three large bedrooms; there is also a secondary living space near the stairs which may serve as a small office space or quiet area. In the rear, the screened lanai and balcony possesses an exceptional unobstructed lake view which is undoubtedly the crown jewel feature for this property. Inside the unit you will observe true pride of ownership and significant upgrades in each area including granite and stone countertops, tiled backsplashes in the wet areas, updated light and fan fixtures, wood cabinets and more. The community itself is home to a spacious, staffed clubhouse with a fitness center, community pool, several tennis and basketball courts, plenty of communal parking, a kitchen and private room which can be used for functions and lastly a pergola with a lake view. Finally, the property is within a 15-20 minute drive of downtown Sarasota, Venice, the I95 and various restaurants, malls, walking trails and other amenities. The property is available for viewing and we look forward to hosting you.

Last Agent to Sell the Property

DANIEL YOUNG

EVERGREEN REAL ESTATE SERVICES License #3224786 Listed on: 08/02/2022

Last Buyer's Agent

Stacey Andrews

ANDREWS & ASSOCIATES REALTY License #3347420

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,370

Year Built

  • Built in 2011

Lot Details

  • North Facing Home
  • Irrigation

HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Block Exterior

Interior Spaces

  • 1,863 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Living Room
  • Dining Room
  • Lake Views
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Screened Patio
  • Exterior Lighting
  • Rain Gutters

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, pest control, recreational facilities, sewer, trash, water
  • Joshua Jones Association, Phone Number (941) 922-1298
  • Visit Association Website
  • Isles Of Sarasota Association
  • Built by Divosta Homes LP
  • Lakeside/Isles/Palmer Ranch Ph Subdivision, Osprey Floorplan
  • Isles Of Sarasota Community
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 60 lbs
  • 3 Pets Allowed

Security

  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,370

Year Built

Built in 2011

Lot Details

0

HOA Fees

$723 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1863
  • New Construction: No
  • Year Built: 2011
  • Building Area Total: 2307
  • Directions to Property: I-75 to Laurel Road East in Venice. Take Honore Ave. to Fossano Drive, home is on the right hand side.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Altamonte Springs
  • Escrow Postal Code: 32714
  • Escrow State: FL
  • Escrow Street Name: Montgomery Place
  • Escrow Street Number: 479
  • Floor Number: 2
  • List Office Head Office Key Nume: 1042609
  • Minimum Lease: No Minimum
  • Number Of Pets: 3
  • RATIO Current Price By Calculate: 257.65
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Shutters
  • Street Number Modifier: 5713
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 173.08
  • Room Count: 7

Exterior Features

  • Direction Faces: North
  • Exterior Features: Hurricane Shutters, Irrigation System, Lighting, Rain Gutters, Sidewalk
  • Roof: Concrete, Tile
  • Home Warranty: Yes
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Screened
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0229F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Guest

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Fire Hydrant, Public, Sprinkler Meter, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness Center, Pool, Sidewalks, Tennis Courts
  • Association Fee: 765
  • Association Fee Frequency: Quarterly
  • Association Name: Joshua Jones
  • Phone: 941-922-1298
  • Association: Yes
  • Security: Security System Owned
  • Senior Community: No
  • Association #2 Fee: 765
  • Association #2 Fee Frequency: Quarterly
  • Association: Isles of Sarasota
  • Association 2 YN: 1
  • Association Approval Required YN: 1
  • Pet Restrictions: Please verify with HOA.
  • Association Fee Requirement: Required
  • Building Name Number: 5713
  • Condo Fees: 638
  • Condo Land Included YN: 0
  • Max Pet Weight: 60
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: joshua.jones@argusmgmt.com
  • Monthly Condo Fee Amount: 213
  • Pet Size: Medium (36-60 Lbs.)
  • Association URL: http://islesofsarasota.com/

Fee Information

  • Total Annual Fees: 5612.00
  • Total Monthly Fees: 467.67
  • Monthly HOA Amount: 255.00

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0137021039
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Divosta Homes LP

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Number Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please verify with HOA - long term rental permitted, no terms less than four months.

Tax Info

  • Tax Annual Amount: 3370
  • Tax Lot: 703

Multi Family

  • Approval Process: Approval is required, please verify with HOA.

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

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
-4.43%

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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $100 None Listed On Document
Special Warranty Deed $480,000 Kohl Lauren
Warranty Deed $263,900 Premier Florida Title Llc
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $95,000 Credit Line Revolving
Previous Owner $182,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 For Rent $2,895 +15.8% --
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
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 $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

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Map

Source: Stellar MLS

MLS Number: O6048505

Stellar MLS

APN: 0137-02-1039