NOT LISTED FOR SALE

8405 Palm Lakes Ct Sarasota, FL 34243

Estimated Value: $534,450 - $594,000

3 Beds
2 Baths
2,329 Sq Ft
$244/Sq Ft Est. Value

Last Sold July 24, 2023

Last sale price $610,000 $262 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,698/month

58 Days on Market

Highlights

  • Open Floorplan
  • Sun or Florida Room
  • Closet Cabinetry
  • Wood Flooring
  • 2 Car Attached Garage
  • Living Room

About This Home

As of July 2023

Under contract-accepting backup offers. Exceptional opportunity to purchase this beautifully updated three bedroom, two-bath home with a MASSIVE outdoor Florida room that screams for entertaining! Nestled in the quiet and highly sought after neighborhood of Palm Aire. Light and bright this home features new contemporary flooring throughout, vaulted ceilings and a wonderful spacious floorplan that feels open and airy. The CHEF'S KISS is the fabulous NEW kitchen complete with ample cabinet and quartz countertop space, stainless steel appliances and a layout that flows beautifully into the entertaining spaces. The oversized owner’s wing is complete with large ensuite and walk in closet. Spacious owner’s bath is bright and fully equipped with dual vanities, stone countertops, walk-in shower and separate soaking tub. Two-car garage for all the toys. The world is your oyster with the massive low maintenance Florida room and all it's possibilities (plus it has AC!). It is perfect for a home gym, craft room, outdoor entertaining, flex space, putting in a jacuzzi, home office, play room. Optional membership to Palm Aire Country Club with a swimming pool, tennis courts, championship gold courses, pickle ball, fitness center, dining and social activities. Close to Palm Aire Golf course, shopping, restaurants and award winning Gulf Beaches, Siesta Key, Lido Beach and St Armands Circle! Come grab your slice of paradise today!

Last Agent to Sell the Property

Courtney Stein

KELLER WILLIAMS ST PETE REALTY License #3356331 Listed on: 05/20/2023

KELLER WILLIAMS ST PETE REALTY

Last Buyer's Agent

Geneva Iriarte, PA

INTERNATIONAL REALTY PLUS TAMP License #3120659

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,921

Year Built

  • Built in 1991

Lot Details

  • 8,799 Sq Ft Lot
  • West Facing Home
  • Property is zoned PDR/WPE/

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,329 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • French Doors
  • Family Room
  • Living Room
  • Sun or Florida Room
  • Utility Room

Kitchen

  • Dinette
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Air
  • Mini Split Air Conditioners
  • Heating Available
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Community Details

  • Communique Maureen Association, Phone Number (941) 706-0920
  • Palm West Subdivision Community
  • Palm West Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,921

Year Built

Built in 1991

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Vinyl Siding, Wood Frame
  • Fireplace: No
  • Living Area: 2329
  • Lot Size Acres: 0.2
  • New Construction: No
  • Year Built: 1991
  • Building Area Total: 3693
  • Lot Size Sq Ft: 8799
  • Directions to Property: University Parkway to north on Whitfield Ave to 1st left on Gardens Dr to left at end (Palm Lakes Ct)
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Clearwater
  • Escrow Postal Code: 33760
  • Escrow State: FL
  • Escrow Street Name: 58th St N #127
  • Escrow Street Number: 13575
  • List Office Head Office Key Nume: 203884503
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 261.91
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Open Floorplan
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 8405
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 216.37
  • Room Count: 9

Exterior Features

  • Direction Faces: West
  • Exterior Features: French Doors, Lighting, Rain Gutters, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • 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: BB/HS Internet Available, Cable Available, Electricity Available, Sewer Available, Water Available
  • Cooling: Central Air, Mini-Split Unit(s)
  • Heating: Electric
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 400
  • Association Fee Frequency: Annually
  • Association Name: Communique- Maureen
  • Phone: 941-706-0920
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: *BUYER IS RESPONSIBLE FOR VERIFYING ALL RENTAL LIMITATIONS PER CITY/COUNTY/MUNICIPALITY/COMMUNITY*
  • Association Fee Requirement: Required
  • Association Email: Maureen@communiquemgmt.com

Fee Information

  • Total Annual Fees: 400.00
  • Total Monthly Fees: 33.33
  • Monthly HOA Amount: 33.33

Lot Info

  • Zoning: PDR/WPE/
  • Parcel Number: 2052900301
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 817

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: *BUYER IS RESPONSIBLE FOR VERIFYING ALL RENTAL LIMITATIONS PER CITY/COUNTY/MUNICIPALITY/COMMUNITY*

Tax Info

  • Tax Annual Amount: 2921.14
  • Tax Book Number: 26-9
  • Tax Lot: 5

Multi Family

  • Approval Process: *BUYER IS RESPONSIBLE FOR VERIFYING ALL RENTAL LIMITATIONS PER CITY/COUNTY/MUNICIPALITY/COMMUNITY*

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2024
Sold by
Harman Edward William and Harman Josefina
Bought by
Ed And Pepina Revocable Living Trust and Harman
Current Estimated Value
$569,363

Purchase Details

Listed on
May 20, 2023
Closed on
Jul 24, 2023
Sold by
Cotswold Homes Llc
Bought by
Harman Edward William and Harman Josefina
Seller's Agent
Courtney Stein
KELLER WILLIAMS ST PETE REALTY
Buyer's Agent
Geneva Iriarte, PA
INTERNATIONAL REALTY PLUS TAMP
List Price
$649,000
Sold Price
$610,000
Premium/Discount to List
-$39,000
-6.01%
Views
192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.11%

Purchase Details

Listed on
Aug 2, 2022
Closed on
Sep 15, 2022
Sold by
Mary W Fuller Trust
Bought by
Cotswold Homes Llc
Seller's Agent
Andy Podolak
COLDWELL BANKER SARASOTA CENT.
Buyer's Agent
Matt Beneduci
CHARLES RUTENBERG REALTY INC
List Price
$539,900
Sold Price
$470,000
Premium/Discount to List
-$69,900
-12.95%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.90%
Original Mortgage
$480,000
Interest Rate
5.22%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 21, 2020
Sold by
Fuller Mary W
Bought by
Fuller Mary W and Mary W Fuller Trust

Purchase Details

Closed on
Feb 11, 1998
Sold by
Neuzil Jeffrey S and Nichols Tina M
Bought by
Fuller William W and Fuller Mary W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.07%
Source: Public Records

Range of Values:

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Average Value
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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
Ed And Pepina Revocable Living Trust $100 None Listed On Document
Harman Edward William $610,000 Optimal Title Solutions Llc
Cotswold Homes Llc $470,000 Sunbelt Title
Fuller Mary W -- Accommodation
Fuller William W $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cotswold Homes Llc $480,000
Previous Owner Fuller William W $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/24/2023 07/24/23 Sold $610,000 -4.5% $262 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
06/17/2023 06/17/23 Price Changed $639,000 -1.5% $274 / Sq Ft
05/20/2023 05/20/23 For Sale $649,000 0.0% $279 / Sq Ft
05/20/2023 05/20/23 Off Market $649,000 -- --
09/15/2022 09/15/22 Sold $470,000 -9.4% $202 / Sq Ft View Prior Sale
08/30/2022 08/30/22 Pending -- -- --
08/14/2022 08/14/22 Price Changed $519,000 -3.9% $223 / Sq Ft
08/02/2022 08/02/22 For Sale $539,900 -- $232 / 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
2025 $7,615 $518,696 $45,900 $472,796
2024 $7,615 $523,891 $45,900 $477,991
2023 $6,812 $422,815 $45,900 $376,915
2022 $2,921 $206,427 $0 $0
2021 $2,778 $200,415 $0 $0
2020 $2,852 $197,648 $0 $0
2019 $2,793 $193,204 $0 $0
2018 $2,752 $189,602 $0 $0
2017 $2,558 $185,702 $0 $0
2016 $2,539 $181,882 $0 $0
2015 $2,557 $180,618 $0 $0
2014 $2,557 $179,185 $0 $0
2013 $2,518 $176,537 $34,150 $142,387
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8201182

Stellar MLS

APN: 20529-0030-1