NOT LISTED FOR SALE

8424 Palm Lakes Ct Sarasota, FL 34243

Estimated Value: $508,320 - $704,000

3 Beds
2 Baths
2,332 Sq Ft
$253/Sq Ft Est. Value

Last Sold February 27, 2014

Last sale price $280,000 $120 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $3,425/month

112 Days on Market

Highlights

  • Indoor Pool
  • Ranch Style House
  • Separate Formal Living Room
  • Cathedral Ceiling
  • Attic
  • Great Room

About This Home

As of February 2014

ACTIVE WITH CONTRACT,AGAIN! Sellers will accept BACK UP OFFERS! Welcome PRE-QUALIFIED BUYERS to your own PARADISE! Drive into THE GARDENS to your OWN Private PALM LAKES Retreat! Situated Among MATURE TREES and PROFESSIONAL LANDSCAPING,YOUR HOME BEGINS atthe TOP with a NEWER ROOF.Enjoy AIR CONDITIONED Comfort, and a SCREENED LANAI,with an in-ground HEATED GUNITE POOL for FOUR SEASON Contentment! THE INTERIOR APPOINTMENTS include A SPLIT BEDROOM Floor plan,VAULTED CEILINGS,A formal LIVING ROOM,Separate OFFICE/DEN,and a TRULY FUNCTIONAL KITCHEN, with DINING OVERLOOKING THE POOL. The VAULTED GREAT ROOM offers the BEST OF CONTEMPORARY LIFESTYLES for ENTERTAINING or just QUIET TIME. THE SPLIT BEDROOM DESIGN creates PRIVACY for THE MASTER SUITE, PLUS A VIEW TOBLUE WATER and Serene Woods.THE MASTER BATH HAS DOUBLE SINKS,A SEPARATE SHOWER and a GARDEN TUB. The UNIQUE SECOND BATH is ADJACENT to the OTHER BEDROOMS,and also functions for those WET POOL SPLASHERS.An over sized LAUNDRY ROOM IS NEAR THE KITCHEN,withEASY ACCESS to the DOUBLE SIZED GARAGE. PALM AIRE GOLF & COUNTRY CLUB is nearby!

Last Agent to Sell the Property

Jack Otto

License #3003206 Listed on: 10/05/2013

Last Buyer's Agent

David Zarghami

KW COASTAL LIVING III License #3283835

KW COASTAL LIVING III

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,128

Year Built

  • Built in 1993

Lot Details

  • 8,973 Sq Ft Lot
  • East Facing Home
  • Property is zoned PDR/WP

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Guest Parking
  • On-Street Parking
  • Open Parking

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Siding

Interior Spaces

  • 2,332 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Rods
  • Great Room
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Storage Room
  • Inside Utility
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Indoor Pool
  • Spa

Schools

  • Kinnan Elementary School
  • Sara Scott Harllee Middle School
  • Southeast High School

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Palm West Subdivision
  • The community has rules related to deed restrictions, vehicle restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,128

Year Built

Built in 1993

Lot Details

0

HOA Fees

$20 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Siding
  • Fireplace: No
  • Living Area: 2332
  • Lot Size Acres: 0.21
  • New Construction: No
  • Year Built: 1993
  • Building Area Total: 3281
  • Lot Size Sq Ft: 8973
  • Directions to Property: I-75 to University Parkway(Exit 213) West to Whitfield to GARDEN DRIVE to PALM LAKES CT. TO 8424
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3985527&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3985527&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 2052900
  • Call Center Phone Number: 941-894-2258
  • Ratio: Close Price\List Price: 0.9729
  • Price per Sq Ft: 120.07
  • Close to Original List Price Ratio: 0.94947
  • Ratio: Current Price\Building Area Total: 85.34
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Attic, Cathedral Ceiling(s), Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Solid Surface Counters, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Window Features: Rods, Window Treatments
  • Street Number Modifier: 8424
  • Room Count: 9
  • Additional Rooms: Attic, Formal Living Room Separate, Great Room, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Pool Features: Indoor
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Guest, On Street, Oversized
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Underground Utilities
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Amenities: Vehicle Restrictions
  • Association Fee: 240
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Complex Community Name NCCB: THE GARDENS
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 240
  • Total Monthly Fees: 20

Schools

  • Elementary School: Kinnan Elementary
  • High School: Southeast High
  • Middle Or Junior School: Sara Scott Harllee Middle

Lot Info

  • Zoning: PDR/WP
  • Parcel Number: 2052900954
  • Additional Parcels: No
  • Millage Rate: 16.49
  • Flood Zone Code: X
  • Future Land Use: 0100
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2014-02-27T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 3128
  • Tax Book Number: 0026/0009
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2013
Closed on
Feb 27, 2014
Sold by
Bettencourt Marilyn J and Bettencourt John F
Bought by
Palazzo Michael A and Palazzo Vandy R
Seller's Agent
Jack Otto
Buyer's Agent
David Zarghami
KW COASTAL LIVING III
List Price
$287,800
Sold Price
$280,000
Premium/Discount to List
-$7,800
-2.71%
Current Estimated Value
$589,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,080
Avg. Annual Appreciation
6.59%
Original Mortgage
$200,000
Outstanding Balance
$152,052
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$437,028
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
Palazzo Michael A $280,000 Barnes Walker Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palazzo Michael A $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2014 02/27/14 Sold $280,000 -2.7% $120 / Sq Ft
01/26/2014 01/26/14 Pending -- -- --
01/25/2014 01/25/14 For Sale $287,800 0.0% $123 / Sq Ft
12/30/2013 12/30/13 Pending -- -- --
11/18/2013 11/18/13 For Sale $287,800 0.0% $123 / Sq Ft
11/05/2013 11/05/13 Pending -- -- --
10/21/2013 10/21/13 Price Changed $287,800 -2.4% $123 / Sq Ft
10/05/2013 10/05/13 For Sale $294,900 -- $126 / 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 $3,788 $276,445 -- --
2024 $3,788 $268,654 -- --
2023 $3,719 $260,829 $0 $0
2022 $3,609 $253,232 $0 $0
2021 $3,444 $245,856 $0 $0
2020 $3,543 $242,462 $0 $0
2019 $3,477 $237,011 $0 $0
2018 $3,434 $232,592 $0 $0
2017 $3,195 $227,808 $0 $0
2016 $3,178 $223,122 $0 $0
2015 $3,387 $221,571 $0 $0
2014 $3,387 $192,479 $0 $0
2013 $3,153 $178,089 $32,700 $145,389
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jack Otto

    Section Image
  • David Zarghami

    Buyer's Agent in 2014

    David Zarghami

    KW COASTAL LIVING III

    (941) 900-4151

    8 Total Sales

    David Zarghami
    Section Image
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Map

Source: Stellar MLS

MLS Number: A3985527

Stellar MLS

APN: 20529-0095-4

Florida Manatee County Sarasota 34243

8424 Palm Lakes Ct, Sarasota, FL

This home is located at 8424 Palm Lakes Ct, Sarasota, FL 34243 since 05 October 2013 and is currently estimated at $589,080, approximately $252 per square foot. This property was built in 1993. 8424 Palm Lakes Ct is a home located in Manatee County with nearby schools including Kinnan Elementary School, Braden River Middle School, and Braden River High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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