2244 Palm Terrace Sarasota, FL 34231
South Sarasota NeighborhoodEstimated payment $3,871/month
Total Views
176,959
0.33
Acre
$1,936,364
Price per Acre
14,375
Sq Ft Lot
Highlights
- No HOA
- Phillippi Shores Elementary School Rated A
- High Speed Internet
About This Lot
DOUBLE LOT. SEE ATTACHED LETTER FROM COUNTY STATING 2 HOMES CAN BE BUILT ON PROPERTY. CURRENT TENANT ON PROPERTY. MUST ASSUME LEASE AT $4,000/MO + UTILITIES (2) Lots post split 50 x 141 = 7,050 Sqft. each Multiple New construction homes being built nearby. Live here or rent home until ready to build. Nestled in a secure, family-oriented neighborhood, the home's charm begins at the curb. The thoughtfully landscaped surroundings and inviting exterior set the stage for the warmth and comfort found within. This 3-bedroom, 2-bath home underwent a thoughtful and complete renovation in 2020, ensuring every detail contributes to a welcoming atmosphere. Everything from the new roof, windows, doors, flooring, cabinetry, pool and landscaping was freshly upgraded. The heart of the home, the kitchen, is a chef's delight with high-end appliances, granite countertops, glass tile backsplash, soft-closing cabinetry and remote controlled custom lighting. The primary bedroom offers a retreat of tranquility with a walk-in closet and a spa-like bathroom featuring an oversized tub, shower, and double sinks. An open concept layout allows for seamless transitions between spaces while French door in the family room draws your eyes outside and connects you with nature. As you step into the backyard, you're greeted by a true Floridian retreat. An in ground heated pool, jacuzzi, and ample space for play and relaxation create an ideal outdoor haven. The smart irrigation system, butterfly, herb garden, and fruit trees contribute to the vibrant landscape.. Both front and back yards feature automated lights, creating a magical ambiance as they illuminate at dusk. Convenience is key with this home's proximity to downtown Sarasota and 10 minutes to #1 Siesta Key beach. Great dining near-by including; Geckos, Tripletail, Walt's Fish Market, Brine, Ruth's Chris and much more. 3rd Bedroom with seating area, 20 x 17 with its own door to patio / pool. All Measurements approximate. Buyer should review all room sizes.
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,732
Year Built
- 1961
Lot Details
- 0.33 Acre Lot
- Lot Dimensions are 100x142
- 2 Lots in the community
- Property is zoned RSF2
Schools
- Phillippi Shores Elementary School
- Brookside Middle School
- Riverview High School
Utilities
- 1 Water Well
- Septic Tank
- High Speed Internet
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
- Ridgewood Community
- Ridgewood Subdivision
Listing and Financial Details
- Legal Lot and Block 18 / F
- Assessor Parcel Number 0075030087
Map
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Home Values in the Area
Average Home Value in this Area
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 | $3,732 | $463,000 | $294,800 | $168,200 |
| 2023 | $3,732 | $298,962 | $0 | $0 |
| 2022 | $3,641 | $290,254 | $0 | $0 |
| 2021 | $3,609 | $281,800 | $121,500 | $160,300 |
| 2020 | $3,669 | $246,300 | $100,900 | $145,400 |
| 2019 | $2,976 | $194,100 | $105,800 | $88,300 |
| 2018 | $3,050 | $210,800 | $95,900 | $114,900 |
| 2017 | $2,944 | $172,897 | $0 | $0 |
| 2016 | $2,835 | $189,900 | $75,000 | $114,900 |
| 2015 | $2,514 | $150,300 | $67,200 | $83,100 |
| 2014 | $2,293 | $122,000 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/19/2025 04/19/25 | Price Changed | $4,000 | 0.0% | $2 / Sq Ft |
| 02/12/2025 02/12/25 | Price Changed | $639,000 | 0.0% | -- |
| 02/12/2025 02/12/25 | Price Changed | $639,000 | -1.5% | $380 / Sq Ft |
| 01/10/2025 01/10/25 | Price Changed | $649,000 | 0.0% | $386 / Sq Ft |
| 01/10/2025 01/10/25 | Price Changed | $649,000 | -3.0% | -- |
| 12/11/2024 12/11/24 | Price Changed | $669,000 | 0.0% | -- |
| 12/11/2024 12/11/24 | Price Changed | $669,000 | 0.0% | $398 / Sq Ft |
| 11/06/2024 11/06/24 | Price Changed | $4,500 | -10.0% | $3 / Sq Ft |
| 10/23/2024 10/23/24 | Price Changed | $5,000 | +11.1% | $3 / Sq Ft |
| 10/21/2024 10/21/24 | For Rent | $4,500 | 0.0% | -- |
| 09/22/2024 09/22/24 | For Sale | $699,000 | 0.0% | -- |
| 09/21/2024 09/21/24 | For Sale | $699,000 | 0.0% | $416 / Sq Ft |
| 09/21/2024 09/21/24 | Off Market | $4,500 | -- | -- |
| 05/18/2024 05/18/24 | Price Changed | $4,500 | +25.0% | $3 / Sq Ft |
| 04/02/2024 04/02/24 | Price Changed | $3,600 | -7.7% | $2 / Sq Ft |
| 03/04/2024 03/04/24 | Price Changed | $3,900 | 0.0% | $2 / Sq Ft |
| 02/29/2024 02/29/24 | Sold | $560,000 | 0.0% | $425 / Sq Ft |
| 02/29/2024 02/29/24 | For Rent | $4,200 | 0.0% | -- |
| 02/03/2024 02/03/24 | Pending | -- | -- | -- |
| 01/30/2024 01/30/24 | For Sale | $569,000 | 0.0% | $431 / Sq Ft |
| 01/16/2024 01/16/24 | Pending | -- | -- | -- |
| 01/02/2024 01/02/24 | For Sale | $569,000 | +215.1% | $431 / Sq Ft |
| 06/07/2019 06/07/19 | Sold | $180,600 | -9.7% | $137 / Sq Ft |
| 05/15/2019 05/15/19 | Pending | -- | -- | -- |
| 04/25/2019 04/25/19 | For Sale | $200,000 | -- | $152 / Sq Ft |
Source: Stellar MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $560,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | Attorney | |
| Special Warranty Deed | $180,600 | Attorney | |
| Warranty Deed | $340,000 | Diamond Title Sarasota Inc | |
| Warranty Deed | $158,000 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $115,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $384,000 | New Conventional | |
| Previous Owner | $74,000 | Credit Line Revolving | |
| Previous Owner | $272,000 | Negative Amortization | |
| Previous Owner | $65,000 | Unknown | |
| Previous Owner | $50,700 | Credit Line Revolving | |
| Previous Owner | $204,000 | Unknown | |
| Previous Owner | $158,746 | FHA | |
| Previous Owner | $106,700 | New Conventional | |
| Previous Owner | $103,500 | No Value Available |
Source: Public Records
About the Listing Agent
My family moved to Sarasota/Siesta Key in 1962. I grew up in Sarasota and was educated in our great school system graduating from Riverview HS. After college (UF/USF) I moved back to Sarasota to start a communications business which gave me the opportunity to open the 1st Cellular One Dealer in Sarasota. Having spent 35 years in the wireless world of Nextel & Sprint, managing many corporate teams and negotiating many large contracts such as the current wireless contract for the State of Florida
Tracy's Other Listings
Source: Stellar MLS
MLS Number: A4624283
APN: 0075-03-0087
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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