NOT LISTED FOR SALE

8605 Great Meadow Dr Sarasota, FL 34238

Estimated Value: $787,000 - $980,000

3 Beds
2 Baths
2,409 Sq Ft
$361/Sq Ft Est. Value

Last Sold May 26, 2022

Last sale price $1,100,000 $457 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $5,596/month

Highlights

  • Screened Pool
  • Gated Community
  • Reverse Osmosis System
  • Ashton Elementary School Rated A
  • Lake View
  • Open Floorplan

About This Home

As of May 2022

Designer waterfront home in gated Palmer Ranch community of Turtle Rock. This contemporary, fully remodeled home designed by JKL Design Group (Kurt Lucas) is centered privately on the largest lake in Sarasota with commanding views within minutes of both the world-famous beaches of Siesta Key and the cultural amenities of downtown Sarasota. Luxurious finishes throughout include Dornbracht, Kohler Loure, Serena & Lilly, Kuzco Lighting and Barclay Butera. The kitchen, renovated in 2022, features a stunning full-height chevron backsplash and professional KitchenAid appliances with induction cooking, dual ovens, a pro-depth stainless steel sink and reverse osmosis filtration. The large diamond white quartz peninsula with countertop seating overlooks a massive great room with tray ceiling, recessed lights and elegant built-in shelves. Adjacent to the great room is a spacious dining room with designer pendant lighting and room enough to seat eight. Expansive wall-to-wall sliders open the great room and kitchen to an exquisite covered lanai with additional dining space and a designer pool that is larger than typical for the Turtle Rock community. Contemporary spa baths were fully remodeled in 2022, with 36x36 tile and mosaic features, LED-lit anti-fog mirrors and one-piece modern commodes. In the master bath, a free-standing tub with filler faucet and separate frameless shower enhance the suite’s resort-style luxury. The master bedroom opens directly onto the terrace and is situated on the opposite side of the home from guest suites for optimal privacy. Two guest suites offer luxurious hospitality and flexible remote working space. Additional amenities include a breakfast nook overlooking the lanai, separate laundry room with quartz countertops and utility sink, newly coated flooring in the covered garage, high-efficiency HVAC (2022) and newly installed hard-wired five-point surround sound system. The designer aesthetic is just as striking from the home’s exterior. An arched portico leads to a stately double-door entrance surrounded by lush foliage. Professional landscape lighting showcases the established garden of bromeliads, white and orange birds of paradise, hibiscus, shrubs and abundant tropical blooms. A 15-year warranty is attached to the 2022 exterior repainting (Duration by Sherwin-Williams). A new grey roof valued at $38K is under contract to replace the existing roof, with completion estimated July-August 2022. New pool equipment and heater in 2022. The Legacy Trail, prime shopping amenities and highly-rated schools are within minutes of this designer, newly renovated Lee Wetherington home. All possible maintenance items have been addressed in this pristine turnkey property and is available furnished on a separate bill of sale.

Last Agent to Sell the Property

Julie Guirguis

RONTO REALTY, LLC License #3484033 Listed on: 04/28/2022

Last Buyer's Agent

Brian Meskil

SAMSON COMPANIES, LLC License #3017619

SAMSON COMPANIES, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,174

Year Built

  • Built in 1995

Lot Details

  • 9,033 Sq Ft Lot
  • Southwest Facing Home
  • Property is zoned RSF1

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,409 Sq Ft Home
  • Open Floorplan
  • Tray Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal
  • Reverse Osmosis System

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate

Pool

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

Schools

  • Ashton Elementary School
  • Sarasota Middle School
  • Riverview High School

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Underground Utilities
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Reclaimed Water Irrigation System
  • Exterior Lighting

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, community pool, manager, recreational facilities, security
  • Bob Kresnick Association, Phone Number (941) 921-3865
  • Visit Association Website
  • Turtle Rock Community
  • Turtle Rock Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,174

Year Built

Built in 1995

Lot Details

0

HOA Fees

$160 per month

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Community Pool, Manager, Recreational Facilities, Security
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2409
  • Lot Size Acres: 0.21
  • New Construction: No
  • Year Built: 1995
  • Building Area Total: 3296
  • Lot Size Sq Ft: 9033
  • Directions to Property: Honore south of Clark Rd to right on Central Sarasota Pkwy. Right into Turtle Rock (gated), first right on Park Shore then left on Great Meadow. For sale sign in yard.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4532321?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4532321?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.17647
  • Price per Sq Ft: 456.62
  • Close to Original List Price Ratio: 1.17647
  • Ratio: Current Price\Building Area Total: 333.74
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Split Bedroom, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Kitchen Reverse Osmosis System, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Street Number Modifier: 8605
  • Room Count: 8

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: Heated, In Ground, Screen Enclosure
  • Exterior Features: Irrigation System, Lighting, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0227F

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community, Irrigation-Reclaimed Water, Playground, Pool, Tennis Courts
  • Association Fee: 480
  • Association Fee Frequency: Quarterly
  • Association Name: Bob Kresnick
  • Phone: (941) 921-3865
  • Association: Yes
  • Security: Gated Community, Security Gate, Security System
  • Senior Community: No
  • Association Website: www.myturtlerock.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 1920
  • Monthly HOA Fee: 160
  • Total Monthly Fees: 160

Schools

  • Elementary School: Ashton Elementary
  • High School: Riverview High
  • Middle Or Junior School: Sarasota Middle

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0122160033
  • Additional Parcels: No
  • Lot Features: Sidewalk
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Minimum Lease: 3 Months
  • Approval Process: See Turtle Rock owners manual.
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See Turtle Rock owners manual.

Tax Info

  • Tax Annual Amount: 5174
  • Tax Block: 26
  • Tax Book Number: 6-34
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
May 23, 2022
Sold by
Hollos and Lori
Bought by
Biniaris James A and Biniaris Helen
Seller's Agent
Julie Guirguis
RONTO REALTY, LLC
Buyer's Agent
Brian Meskil
SAMSON COMPANIES, LLC
List Price
$935,000
Sold Price
$1,100,000
Premium/Discount to List
$165,000
17.65%
Current Estimated Value
$870,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$229,202
Avg. Annual Appreciation
-4.78%

Purchase Details

Listed on
Sep 24, 2018
Closed on
Nov 15, 2018
Sold by
Gansepohl Karl N and Gansepohl Dorothy M
Bought by
Hollos David and Hollos Lori
Seller's Agent
Cynthia Bowers
COLDWELL BANKER SARASOTA CENT.
Buyer's Agent
Cindy Taliaferro
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$499,900
Sold Price
$505,000
Premium/Discount to List
$5,100
1.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.68%
Original Mortgage
$404,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 1994
Sold by
Palmer Ranch Ent Inc
Bought by
Gausepohl Karl N and Gausepohl Dorothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,400
Interest Rate
8.74%
Source: Public Records

Range of Values:

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Average Value
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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
Biniaris James A $1,100,000 None Listed On Document
Hollos David $505,000 Attorney
Gausepohl Karl N $65,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hollos Lori $406,850
Previous Owner Hollos David $404,000
Previous Owner Gausepohl Karl N $196,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2022 05/26/22 Sold $1,100,000 +17.6% $457 / Sq Ft
04/29/2022 04/29/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $935,000 +85.1% $388 / Sq Ft
11/15/2018 11/15/18 Sold $505,000 +1.0% $210 / Sq Ft
11/09/2018 11/09/18 Price Changed $499,900 0.0% $208 / Sq Ft
09/28/2018 09/28/18 Pending -- -- --
09/23/2018 09/23/18 For Sale $499,900 -- $208 / 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 $8,293 $725,100 $197,100 $528,000
2023 $8,293 $661,400 $173,000 $488,400
2022 $6,387 $551,100 $165,000 $386,100
2021 $5,174 $384,900 $125,000 $259,900
2020 $4,950 $359,800 $105,700 $254,100
2019 $5,044 $371,600 $113,900 $257,700
2018 $3,637 $295,676 $0 $0
2017 $3,620 $289,595 $0 $0
2016 $3,623 $349,300 $91,600 $257,700
2015 $3,686 $336,100 $84,400 $251,700
2014 $3,672 $275,302 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4532321

Stellar MLS

APN: 0122-16-0033