$675,000
SOLD OCT 19, 2023

8248 Nandina Dr Sarasota, FL 34240

5 Beds
3 Baths
2,359 Sq Ft
5,040 Sq Ft Lot

Recently Sold

$286 Per Sq Ft

2% Below List Price

1 Day on Market

Highlights

  • Lake Front
  • Screened Pool
  • Great Room
  • Tatum Ridge Elementary School Rated A-
  • Wood Flooring
  • Stone Countertops

About This Home

As of October 2023

This exquisite 5 bedroom, 3 bathroom home in the Palmer Lake Community offers breathtaking, expansive views of the serene lake from its saltwater pool. Whether you are hosting indoors or outdoors, the extraordinary water vistas will provide you with a serene sense of tranquility.
This well thought out, open floor plan boasts large living spaces with lots of natural light. There is ample space to enjoy family and friends. The outdoor space provides stunning sunrises and an opportunity to observe Florida's native birds as you unwind on the lanai or sun deck, featuring custom designed loungers. The updated kitchen is a visual delight, showcasing fresh quartz countertops, a custom designed backsplash, real wood cabinets and drawers with soft close mechanisms, and a brand new refrigerator. Hand-scraped engineered hardwood floors in the living areas gives the home a sense of warmth. The walk-in pantry and storage under the stairwell are generous. The custom ship lap dining room wall is just one of many architectural features you will enjoy. All lighting fixtures and fans have been recently updated. Take notice of the staircase makeover, featuring elegantly stained wooden steps and ornate metal balustrades. The master suite offers dual sinks, a walk-in shower, and custom built-ins in the walk in closet. The loft area and additional bedrooms offer the flexibility to create a home office, workout area, or any other type of room you may need. All the bedrooms have been updated with new carpeting. The AC was replaced in 2016, featuring zoned thermostats for the first and second floors. Palmer Lakes, with its 77 residences, offers a great value with a quarterly fee of 618 that covers lawn maintenance, cable TV, and high-speed internet. The community is conveniently located to Celery Fields, UTC, beaches, downtown Sarasota, shopping, dining and entertainment.
This home is move in ready and features many of the upgrades you would see in new construction, but without the CDD fees.

Last Agent to Sell the Property

Matt Cannon

COLDWELL BANKER REALTY Brokerage Phone: 941-366-8070 License #3044054 Listed on: 09/16/2023

COLDWELL BANKER REALTY

Co-Listed By

Jenny Cannon

COLDWELL BANKER REALTY Brokerage Phone: 941-366-8070 License #3196612

Last Buyer's Agent

Matt Cannon

COLDWELL BANKER REALTY Brokerage Phone: 941-366-8070 License #3044054 Listed on: 09/16/2023

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,931

Year Built

  • Built in 2014

Lot Details

  • 5,040 Sq Ft Lot
  • Lake Front
  • West Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Property is zoned RSF1

HOA Fees

  • $206 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,359 Sq Ft Home
  • 2-Story Property
  • Coffered Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Great Room
  • Inside Utility
  • Lake Views
  • Hurricane or Storm Shutters

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Saltwater Pool
  • Fence Around Pool

Outdoor Features

  • Covered patio or porch
  • Rain Gutters

Schools

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

Utilities

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

Community Details

  • Association fees include cable TV, internet, ground maintenance, management
  • Sunstate Management Sean Noonan Association, Phone Number (941) 870-4920
  • Visit Association Website
  • Palm Lakes Community
  • Palmer Lake A Rep Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,931

Year Built

Built in 2014

Lot Details

0

HOA Fees

$206 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Internet, Maintenance Grounds, Management
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2359
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 2014
  • Building Area Total: 2974
  • Lot Size Sq Ft: 5040
  • Directions to Property: Palmer Blvd to Nandina turn S follow to 2nd home on left.
  • Status: Sold
  • Co List Office Mls Id: MFR281502380
  • Co List Office Phone: 941-366-8070
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 7 Months
  • Number Of Pets: 3
  • RATIO Current Price By Calculate: 286.14
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Coffered Ceiling(s), Master Bedroom Upstairs, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Yn: No
  • Stories: 2
  • Window Features: Window Treatments
  • Street Number Modifier: 8248
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Great Room,Inside Utility
  • Living Area Meters: 219.16
  • Room Count: 10

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated, In Ground, Salt Water, Screen Enclosure
  • Exterior Features: Hurricane Shutters, Irrigation System, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Screened
  • Road Surface Type: Asphalt
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Sidewalks
  • Association Fee: 618
  • Association Fee Frequency: Quarterly
  • Association Name: Sunstate Management - Sean Noonan
  • Phone: 941-870-4920
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: No aggressive breeds, see pg 14 of declaration of convenants,conditions, and restrictions for full details on restrictions
  • Association Fee Requirement: Required
  • Association Email: sean@sunstatemanagement.com
  • Pet Size: Extra Large (101+ Lbs.)
  • Association URL: www.mypalmerlake.com

Fee Information

  • Total Annual Fees: 2472.00
  • Total Monthly Fees: 206.00
  • Monthly HOA Amount: 206.00

Schools

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

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0232020072
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk, Paved
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 468

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Breed Restrictions, Size Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: 7 month minimum lease no more than 2x per year, please refer to pg. 8 of declaration of convenants, conditions and restrictions.

Tax Info

  • Tax Annual Amount: 3931.13
  • Tax Block: 1
  • Tax Lot: 72

Multi Family

  • Waterfront Features: Lake
  • Approval Process: Application and $100 application fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2023
Closed on
Oct 19, 2023
Sold by
Kaminsky Matthew
Bought by
Dwyer Edward A and Dwyer Jennifer L
Seller's Agent
Matt Cannon
COLDWELL BANKER REALTY
Buyer's Agent
Matt Cannon
COLDWELL BANKER REALTY
List Price
$689,000
Sold Price
$675,000
Premium/Discount to List
-$14,000
-2.03%
Views
128
Current Estimated Value
$714,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,980
Avg. Annual Appreciation
3.34%

Purchase Details

Listed on
May 10, 2023
Closed on
Aug 4, 2023
Sold by
Kaminsky Matthew Martin
Bought by
Kaminsky Sharon
Seller's Agent
Lee Brewer
RE/MAX ALLIANCE GROUP
Buyer's Agent
Matt Cannon
COLDWELL BANKER REALTY
List Price
$669,900
Sold Price
$645,000
Premium/Discount to List
-$24,900
-3.72%
Views
95

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.31%

Purchase Details

Listed on
May 10, 2023
Closed on
Jun 14, 2023
Sold by
Terrell James L and Terrell Kimberly A
Bought by
Kaminsky Matthew
Seller's Agent
Lee Brewer
RE/MAX ALLIANCE GROUP
Buyer's Agent
Matt Cannon
COLDWELL BANKER REALTY
List Price
$669,900
Sold Price
$645,000
Premium/Discount to List
-$24,900
-3.72%
Views
95

Purchase Details

Listed on
Jan 27, 2022
Closed on
Apr 7, 2022
Sold by
Stumph Jr Thomas A and Stumph Sherri C
Bought by
Terrell James L and Terrell Kimberly A
Seller's Agent
Julia Kyriakakos, LLC
COMPASS FLORIDA LLC
Buyer's Agent
Laura Way
RE/MAX ALLIANCE GROUP
List Price
$475,000
Sold Price
$615,000
Premium/Discount to List
$140,000
29.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.08%

Purchase Details

Listed on
Jul 17, 2018
Closed on
Nov 8, 2018
Sold by
Kelly Edward J and Kelly Jayme J
Bought by
Stumph Thomas A and Stumph Sherri C
Seller's Agent
Bryan Dwyer
Buyer's Agent
Ana Machado
MACHADO PROPERTY PROS
List Price
$410,000
Sold Price
$398,000
Premium/Discount to List
-$12,000
-2.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.61%

Purchase Details

Closed on
Nov 20, 2014
Sold by
The Ryland Group Inc
Bought by
Kelly Edward J and Kelly Jayme J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
4.16%
Mortgage Type
New Conventional
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 $675,000 Clear Title Group
Quit Claim Deed $100 None Listed On Document
Warranty Deed $645,000 Clear Title Group
Warranty Deed $615,000 William A Dooley Pa
Warranty Deed $398,000 Attorney
Special Warranty Deed $370,000 Ryland Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,000 Credit Line Revolving
Previous Owner $296,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2023 10/19/23 Sold $675,000 -2.0% $286 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
09/16/2023 09/16/23 For Sale $689,000 +6.8% $292 / Sq Ft
06/16/2023 06/16/23 Sold $645,000 -3.7% $273 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $669,900 +8.9% $284 / Sq Ft
04/07/2022 04/07/22 Sold $615,000 +29.5% $261 / Sq Ft
01/29/2022 01/29/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $475,000 +19.3% $201 / Sq Ft
11/08/2018 11/08/18 Sold $398,000 -2.9% $169 / Sq Ft
09/09/2018 09/09/18 Pending -- -- --
07/17/2018 07/17/18 For Sale $410,000 -- $174 / 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 $5,694 $501,632 -- --
2023 $5,694 $475,700 $138,100 $337,600
2022 $3,931 $325,128 $0 $0
2021 $3,881 $315,658 $0 $0
2020 $3,888 $311,300 $79,400 $231,900
2019 $4,380 $318,900 $77,200 $241,700
2018 $1,584 $130,634 $0 $0
2017 $1,573 $127,947 $0 $0
2016 $1,563 $290,000 $66,300 $223,700
2015 $1,586 $269,300 $63,900 $205,400
2014 $740 $51,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4582838

Stellar MLS

APN: 0232-02-0072