NOT LISTED FOR SALE

8970 Bloomfield Blvd Sarasota, FL 34238

Palmer Ranch Area

Estimated Value: $1,062,000 - $1,232,597

3 Beds
3.5 Baths
3,506 Sq Ft
$332/Sq Ft Est. Value

Sale Details

Date Sold: March 14, 2019

Last sale price $840,000 $240 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $7,326 / mo

56 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Screened Pool
  • Gated Community
  • Laurel Nokomis School Rated A-
  • Custom Home
  • Lake View

About This Home

As of March 2019

Serenity and sunsets in Silver Oak Estates on the Palmer Ranch. As you enter this pristine home, warm Mediterranean colors, full lake and pool views, and an inviting floor plan welcome you. Situated on a quiet lake with lush vegetation, this home boasts 3500 sq ft of elegance and sophistication. Through the front doors is a formal living room with sliders that completely pocket, a dining room, and a powder room for guests. An open concept kitchen and family room features sliding glass doors with a disappearing corner, providing a truly indoor-outdoor living and entertaining experience. The generous master suite has an ensuite bath with dual sinks, spacious walk in shower and large soaking tub. His and hers walk in closets and sitting area complete the master oasis. Two large bedrooms and baths await your guests. The home also includes a den, a large office overlooking the lake, and a private theater room in the bonus area upstairs. Expansive outdoor space includes a saltwater pool + spa. Both enjoy sunshine throughout the day. Host a cookout in the outdoor kitchen as you take in the peaceful lake and nature preserve views. Three-car garage provides plenty of room for cars and toys. The Silver Oak community is 24-hour guard-gated and one of the most desirable on the Palmer Ranch. Ideal location close to Siesta Key Beach, The Legacy Trail, shopping, and I75. Come and live the dream. All furnishings available for purchase under separate agreement, just bring your suitcase!

Last Agent to Sell the Property

Susan Noah

MICHAEL SAUNDERS & COMPANY License #0657784 Listed on: 12/07/2018

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Joel Schemmel

DOUGLAS ELLIMAN License #3060476

DOUGLAS ELLIMAN

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,634

Year Built

  • Built in 2003

Lot Details

  • 13,683 Sq Ft Lot
  • 100 Feet of Waterfront
  • Lake Front
  • Mature Landscaping
  • Property is zoned RSF1

HOA Fees

  • $230 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Property Views

  • Lake
  • Woods

Home Design

  • Custom Home
  • Spanish Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,506 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Window Treatments
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Porcelain Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

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

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Kitchen
  • Outdoor Grill

Schools

  • Laurel Nokomis Elementary School
  • Laurel Nokomis Middle School
  • Venice Senior High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Lighthouse Management Association, Phone Number (941) 966-6844
  • Silver Oak Community
  • Silver Oak Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,634

Year Built

Built in 2003

Lot Details

0.31 Acres

HOA Fees

$230 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom, Spanish/Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 3506
  • Lot Size Acres: 0.31
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 4213
  • Lot Size Sq Ft: 13683
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4420668&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4420668&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.93855
  • Price per Sq Ft: 239.59
  • Close to Original List Price Ratio: 0.93855
  • Ratio: Current Price\Building Area Total: 199.38
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Porcelain Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, Eating Space In Kitchen, Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Spa Features: Heated
  • Spa Yn: Yes
  • Room Count: 10
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Outdoor Kitchen
  • Pool Features: Heated, In Ground, Salt Water, Screen Enclosure
  • Exterior Features: Irrigation System, Outdoor Grill, Sprinkler Metered
  • Roof: Tile
  • Pool Private: Yes
  • View: Trees/Woods, Water
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed
  • Road Surface Type: Paved
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0229F
  • Waterfront Frontage: 100
  • Water Frontage Feet Lake: 100
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Side
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Gas, Public, Sprinkler Meter, Sprinkler Recycled, Street Lights
  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Gated Community
  • Association Fee: 2765
  • Association Fee Frequency: Annually
  • Association Name: Lighthouse Management
  • Phone: 941-966-6844
  • Association: Yes
  • Security: Security System Owned
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 2765
  • Monthly HOA Fee: 230.42
  • Total Monthly Fees: 230.42

Schools

  • Elementary School: Laurel Nokomis Elementary
  • High School: Venice Senior High
  • Middle Or Junior School: Laurel Nokomis Middle

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0137050009
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Pet Restrictions: See rules and regulations for pet restrictions
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please see Association Documents for Restrictions/Guidelines

Tax Info

  • Tax Annual Amount: 6634
  • Tax Lot: 83

Multi Family

  • Waterfront Features: Lake

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2018
Closed on
Mar 14, 2019
Sold by
Bought by
Seller's Agent
Susan Noah
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Joel Schemmel
DOUGLAS ELLIMAN
List Price
$895,000
Sold Price
$840,000
Premium/Discount to List
-$55,000
-6.15%
Current Estimated Value
$1,162,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,399
Avg. Annual Appreciation
4.46%
Original Mortgage
$672,000
Outstanding Balance
$579,853
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$582,546

Purchase Details

Listed on
Dec 5, 2017
Closed on
Jul 30, 2018
Sold by
Bought by
Seller's Agent
Barry Bright
BRIGHT REALTY
Buyer's Agent
Susan Noah
MICHAEL SAUNDERS & COMPANY
List Price
$949,000
Sold Price
$879,950
Premium/Discount to List
-$69,050
-7.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.22%
Original Mortgage
$703,960
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2002
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Sarasota, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$840,000 Attorney
$880,000 Msc Title Inc
$157,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $672,000
Previous Owner $703,960
Previous Owner $565,000
Previous Owner $629,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2019 03/14/19 Sold $840,000 -6.1% $240 / Sq Ft
02/01/2019 02/01/19 Pending -- -- --
12/07/2018 12/07/18 For Sale $895,000 +1.7% $255 / Sq Ft
07/31/2018 07/31/18 Sold $879,950 -7.3% $251 / Sq Ft View Prior Sale
06/06/2018 06/06/18 Pending -- -- --
12/05/2017 12/05/17 For Sale $949,000 -- $271 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,623 $736,666
2024 $8,398 $715,905
2023 $8,398 $695,053 $0 $0
2022 $8,163 $674,809 $0 $0
2021 $7,970 $643,500 $142,300 $501,200
2020 $7,983 $632,300 $176,100 $456,200
2019 $9,207 $700,300 $210,000 $490,300
2018 $6,634 $532,140 $0 $0
2017 $6,609 $521,195 $0 $0
2016 $6,618 $585,900 $173,700 $412,200
2015 $6,739 $573,800 $160,900 $412,900
2014 $6,716 $495,472 $0 $0
Source: Public Records

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Map

Source: Stellar MLS

MLS Number: A4420668

Stellar MLS

APN: 0137-05-0009

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