NOT LISTED FOR SALE

7462 Palmer Glen Cir Sarasota, FL 34240

Estimated Value: $722,000 - $849,000

4 Beds
3 Baths
2,828 Sq Ft
$277/Sq Ft Est. Value

Last Sold November 21, 2023

Last sale price $860,000 $304 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $4,702/month

74 Days on Market

Highlights

  • Screened Pool
  • Gated Community
  • Fruit Trees
  • Tatum Ridge Elementary School Rated A-
  • Open Floorplan
  • Outdoor Kitchen

About This Home

As of November 2023

WORK OF ART! This gorgeous 4 bedroom plus office, 3 full bath all one level pool home is located walking distance to the top ranked & high demand Tatum Ridge Elementary school. Call home to this exceptionally remodeled masterpiece that shows off a glistening heated pool and ultra relaxing spa. This exceptionally light & bright home is perfect for entertaining with over 2,800 square feet, a generous sized lanai & is located in a high demand community which is deed restricted, gated & peaceful. Enjoy living in this luxuriously built masterpiece with impressive features and limitless upgrades including: New popular luxury vinyl plank flooring, that is waterproof and has cork backing * Entire interior is freshly painted with Sherwin Williams premium Showcase paint & exterior is newly painted with Sherwin Williams premium Weathershield paint * Stunning remodeled kitchen with brand new popular Stonemark White Quartz countertops that shows off an appealing Quartz waterfall & has a popup wireless charger * Stainless Steel appliances including newer KitchenAid French Door refrigerator with 5 doors, Samsung oven, microwave & dishwasher * Solid wood cabinets with soft close cabinets & drawers that show off crown molding and new matte black handles * New glass tile back splash * Newer black stainless steel sink * New black shiplap accent wall on breakfast bar area * New 3 pendent lights above countertop & new 6 Led can lights * Separate bar area with a wine rack & large closet pantry * Drinking water has a Clack water softener & Trojan UV max water filtration system * Lanai has outdoor kitchen with sink, new stone veneer walls and pool bath * Large 18 x 16 master bedroom with crown molding, 56" walnut wood LED remote control ceiling fan, and nice sized his & her walk-in closets * Master bath was just finished with Bernini Avorio polished porcelain floors and shower wall tiles * New cabinets, stone countertops, vanity lights, mirrors and Delta shower head in matte black * Jacuzzi tub with matte black Roman faucet to relax in after a hard day * Office has chair rail accent wall, plantation shutters and 8 foot double door * Living room is completed with new Mystflame 72" inch multicolor electric fireplace & remote control, elegant crown molding, new 62" 8 blade fan and 5 LED can lights * Family room has custom wood slat accent wall, new 62" 8 blade fan & 4 LED can lights * Dining room has plantation shutters, new designer accent wall, tray ceiling and new dimmable 6 light chandelier * All spare bedrooms have new ceiling fans * Laundry room has sink and LG washer that has 2 in 1 washer with sidekick mini washer on the bottom, LG dryer is on a pedestal both are approximately 1 year old * Lighting upgrades include new LED can lights throughout the house and various new chandeliers in several rooms * The landscaping was refreshed with black mulch * 2 mango trees are currently fruiting * There is a well & 6 zone sprinkler system to water landscaping * Garage has an automated screen enclosure and brick paver driveway * Enjoy all these amazing features before heading out to relax in your large lanai and taking a dip in the refreshing pool while enjoying the spa. You will truly enjoy living in such a peaceful community that is only a short drive to I-75, the mega popular UTC mall, celery fields, Nathan Benderson park, outstanding restaurants & tons of shopping. Don't miss out, get the keys to unlock your happy home and start enjoying a Florida lifestyle today

Last Agent to Sell the Property

Douglas Oravec, LLC

RE/MAX ALLIANCE GROUP Brokerage Phone: 941-954-5454 License #3040753 Listed on: 05/04/2023

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Douglas Oravec, LLC

RE/MAX ALLIANCE GROUP Brokerage Phone: 941-954-5454 License #3040753 Listed on: 05/04/2023

RE/MAX ALLIANCE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,572

Year Built

  • Built in 2002

Lot Details

  • 10,089 Sq Ft Lot
  • North Facing Home
  • Well Sprinkler System
  • Fruit Trees
  • Property is zoned RSF2

HOA Fees

  • $105 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,828 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Den
  • Inside Utility
  • Pool Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Pool

  • Screened Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Fence Around Pool
  • Child Gate Fence

Outdoor Features

  • Outdoor Kitchen

Schools

  • Tatum Ridge Elementary School
  • Mcintosh Middle School
  • Sarasota High School

Utilities

  • Central Air
  • Heating Available
  • 1 Water Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include management
  • Charmae Billingham Association, Phone Number (941) 554-8838
  • Visit Association Website
  • Palmer Glen Community
  • Palmer Glen, Ph 1 Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,572

Year Built

Built in 2002

Lot Details

0

HOA Fees

$105 per month

Parking

2

Listing Details

  • HOA Fee Includes: Management
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2828
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 2002
  • Building Area Total: 3784
  • Lot Size Sq Ft: 10089
  • Directions to Property: East on Fruitville, right onto Apex Rd, Left onto Palmer Blvd, Right onto Palmer Glen community, Left onto Palmer Glen Cir, house on right.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Lakewood Ranch
  • Escrow Postal Code: 34202
  • Escrow State: FL
  • Escrow Street Name: Atrium Dr.
  • Escrow Street Number: 6311
  • List Office Head Office Key Nume: 1047486
  • Minimum Lease: 1-2 Years
  • RATIO Current Price By Calculate: 304.10
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Electric
  • Living Area Units: Square Feet
  • Flooring: Tile, Vinyl
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Street Number Modifier: 7462
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office,Family Room,Inside Utility
  • Living Area Meters: 262.73
  • Room Count: 15

Exterior Features

  • Direction Faces: North
  • Other Structures: Outdoor Kitchen
  • Pool Features: Child Safety Fence, Gunite, Screen Enclosure
  • Exterior Features: Irrigation System
  • Roof: Tile
  • Pool Private: Yes
  • View: Pool
  • Waterfront: No
  • Road Surface Type: Paved
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Sprinkler Well, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Number of Wells: 1

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 315
  • Association Fee Frequency: Quarterly
  • Association Name: Charmae Billingham
  • Phone: 941-554-8838
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: See HOA docs Section 7.6 PETS, Page 19
  • Association Fee Requirement: Required
  • Association Email: Charmae@capstoneam.com
  • Association URL: www.capstoneam.com

Fee Information

  • Total Annual Fees: 1260.00
  • Total Monthly Fees: 105.00
  • Monthly HOA Amount: 105.00

Schools

  • Elementary School: Tatum Ridge Elementary
  • High School: Sarasota High
  • Middle Or Junior School: McIntosh Middle

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0235070600
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 937

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See HOA docs 7.18 Leases.

Tax Info

  • Tax Annual Amount: 6571.9
  • Tax Book Number: 40-44
  • Tax Lot: 60

Multi Family

  • Approval Process: See HOA docs 7.18 Leases

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Nov 21, 2023
Sold by
El Mennani Mohamed and El Adriana Paola
Bought by
Cost-Free Connect Llc
Seller's Agent
Douglas Oravec, LLC
RE/MAX ALLIANCE GROUP
Buyer's Agent
Douglas Oravec, LLC
RE/MAX ALLIANCE GROUP
List Price
$899,000
Sold Price
$860,000
Premium/Discount to List
-$39,000
-4.34%
Views
335
Current Estimated Value
$784,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$75,796
Avg. Annual Appreciation
-4.76%
Original Mortgage
$602,000
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 22, 2022
Closed on
Mar 31, 2022
Sold by
Michael Gautier
Bought by
El Mennani Mohamed and El Mennani Adriana
Seller's Agent
Annie O'Sullivan
LPT REALTY, LLC
Buyer's Agent
Douglas Oravec, LLC
RE/MAX ALLIANCE GROUP
List Price
$547,900
Sold Price
$632,700
Premium/Discount to List
$84,800
15.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.79%
Original Mortgage
$520,000
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 22, 2022
Closed on
Mar 8, 2022
Sold by
Zillow Homes Property Trust
Bought by
Gautier Michael
Seller's Agent
Annie O'Sullivan
LPT REALTY, LLC
Buyer's Agent
Douglas Oravec, LLC
RE/MAX ALLIANCE GROUP
List Price
$547,900
Sold Price
$632,700
Premium/Discount to List
$84,800
15.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2021
Sold by
Patel Anil R and Patel Alka A
Bought by
Zillow Homes Property Trust

Purchase Details

Closed on
Jul 3, 2002
Sold by
Medalliion Homes Gulf Coast Inc
Bought by
Patel Anil R and Patel Alka A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.75%

Purchase Details

Closed on
Dec 7, 2001
Sold by
Palmer Glen Joint Venture
Bought by
Medallion Homes Gulf Coast Inc
Source: Public Records

Range of Values:

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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
Cost-Free Connect Llc $860,000 Integrity Title
El Mennani Mohamed $650,000 Integrity Title Services
Gautier Michael $632,700 Integrity Title Services
Zillow Homes Property Trust $517,000 Zillow Closing Svcs Post Clo
Patel Anil R $324,100 --
Medallion Homes Gulf Coast Inc $55,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cost-Free Connect Llc $602,000
Previous Owner El Mennani Mohamed $520,000
Previous Owner Patel Anil R $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2023 11/21/23 Sold $860,000 +0.1% $304 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
07/06/2023 07/06/23 Price Changed $859,000 -1.8% $304 / Sq Ft
06/25/2023 06/25/23 Price Changed $874,900 -1.6% $309 / Sq Ft
06/21/2023 06/21/23 Price Changed $889,000 -1.1% $314 / Sq Ft
05/04/2023 05/04/23 For Sale $899,000 +42.1% $318 / Sq Ft
03/11/2022 03/11/22 Sold $632,700 +15.5% $224 / Sq Ft View Prior Sale
02/23/2022 02/23/22 Pending -- -- --
02/22/2022 02/22/22 For Sale $547,900 -- $194 / 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 $5,285 $648,200 $163,900 $484,300
2023 $5,285 $434,228 $0 $0
2022 $6,572 $507,600 $140,800 $366,800
2021 $4,279 $345,853 $0 $0
2020 $4,081 $323,066 $0 $0
2019 $4,082 $327,144 $0 $0
2018 $3,833 $308,692 $0 $0
2017 $3,915 $310,171 $0 $0
2016 $4,019 $358,100 $92,300 $265,800
2015 $3,889 $325,000 $86,200 $238,800
2014 $3,679 $268,473 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4569302

Stellar MLS

APN: 0235-07-0600