by RH Advisors

See Home Value
$417,000
House - Off Market

4046 Palau DRIVE

SARASOTA, FL 34241
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1386 Sqft
$2,359
Estimated Monthly
$0
HOA / Fees
7.67%
Cap Rate

About This Property

HUGE PRICE IMPROVEMENT!!! Located in the highly sought after Lake Sarasota neighborhood, this meticulously maintained CONCRETE BLOCK CONSTRUCTION home exudes charm, character, and an abundance of natural light throughout! This 3 bedroom 2 bath split floor plan home is MOVE-IN READY. Major updates, including a BRAND NEW ROOF (9/2023), newer HVAC (2019), and water heater (2017), have already been done for you! The interior of the home was freshly painted in 2023, washer and dryer were replaced 12/2021, and both bathroom showers were recently remodeled with upgraded tile and plumbing fixtures. The master bedroom is split apart from the guest bedrooms and offers an en-suite bathroom, as well as a generous walk-in closet. Your personal oasis awaits outside with a screened-in patio perfect for entertaining and a yard fully enclosed by a 6' tall privacy fence (2022). With a simple modification to the fence, the yard offers ample space to store a boat or RV. Lake Sarasota is a non-deed restricted community that does not require owners to pay burdensome HOA or CDD fees. Conveniently located in a non-flood zone, this property is located minutes to I-75 and Bee Ridge Rd for an easy commute. A-Rated Lakeview Elementary School, Lakeview Park, dog park and disc golf course are within walking distance of the home. The shops and restaurants at University Town Center are a quick 10 minute drive, downtown Sarasota is 15 minutes away, and the world-famous sandy beaches of Siesta Key are only a 20 min drive! Call today to schedule your private showing! Clean 4-pt and updated wind mit insurance reports available upon request.
Unit Size
1,386Ft²
Days on Market
110 days
Land Size
0.20 acres
Price per sqft
$310
Property Type
House
Property Taxes
$247
HOA Dues
-
Year Built
1993
Last updated: 2 months ago (Stellar MLS #A4592061)

Price History

Date / Event Date Event Price
Apr 1, 2024 Sold to Tashaira Saldana $417,000
Sold to Tashaira Saldana
Feb 12, 2024 In contract -
In contract
Jan 20, 2024 Price Decreased $429,900
↓ $7K (1.6%)
Price Decreased
Jan 5, 2024 Price Decreased $437,000
↓ $3K (0.7%)
Price Decreased
Dec 10, 2023 Listed by WILLIAM RAVEIS REAL ESTATE $440,000
Listed by WILLIAM RAVEIS REAL ESTATE
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 424
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 8,640
  • Total Building Area: 1,810
  • Gross Building Area: 1,950
  • Building Area: 1,386
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,386
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAKE SARASOTA UNIT 10
  • Land Acres: 0.198
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 938 LAKE SARASOTA UNIT 10

Ownership

  • Current Owner : SALDANA TASHAIRA
  • Previous Owner : SKINNER CRYSTAL J
  • Owner Before Previous Owner: SUNFLO HOLDINGS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: A055 F052 G054
  • Census Tract: 001402

Zoning

  • Zoning: RSF3

Geography

  • Assessors Map Reference: 30B
  • Account Number: 0259120109
  • Subdivision Tract Number: 1239
  • Parcel: 0259-12-0109
  • Lot: 938
  • Meridian: SEC 05 TWN 37S RNG 19E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2937
  • Longitude: -82.4332

    Address

  • Full Address: 4046 Palau Dr
  • Legal Unit: 10
  • Address - House Number: 4046
  • Address - Street Name: Palau
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Sarasota
  • Carrier Code: R004
  • 4-Digit Zip Code: 5843
  • Zip Code: 34241

Valuation

    Tax

  • Total Area: 1,980
  • Tax Year: 2023
  • Tax Amount: $2,968
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.0821
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 416,873
  • High Value: 451,115
  • Low Value: 382,631

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $317,000
  • First Open Lien Mortgage Lender: SUCCESS MORTGAGE PARTNERS, INC
  • First Open Lien Mortgage Recording Date: Apr 01, 2024
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $317,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2054

    Market Valuation

  • Market Total Value: $323,500
  • Market Land Value: $131,500
  • Market Improvement Value: $192,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $248,884

    Sales

  • Current Sale Contract Date: Mar 28, 2024
  • Current Sale Recording Date: Apr 01, 2024
  • Current Sale Transaction ID: 11923551764
  • Current Sale Price: $417,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 43886
  • Previous Sale Recording Date: Nov 22, 2021
  • Previous Sale Contract Date: Nov 22, 2021
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUCCESS MORTGAGE PARTNERS, INC
  • First Mortgage Transaction Date: Apr 01, 2024
  • First Mortgage Loan Amount: $317,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Apr 01, 2054

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: LAND-HOME FINANCIAL SERVICES
  • Previous Mortgage Transaction Date: Nov 22, 2021
  • Previous Mortgage Loan Amount: $338,318
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,377 ft²
$310/ft²
$426,600 May 25, 2023
$426,600 Jun 28, 2023
$169/mo
House
3 Beds
2 Baths
1,357 ft²
$310/ft²
$421,000 Sep 8, 2022
$421,000 Dec 14, 2022
$202/mo
House
3 Beds
2 Baths
1,406 ft²
$317/ft²
$445,000 Aug 2, 2023
$445,000 Sep 15, 2023
$217/mo
House
3 Beds
2 Baths
1,356 ft²
$302/ft²
$410,000 Mar 16, 2023
$410,000 Jun 20, 2023
$216/mo
House
3 Beds
2 Baths
1,418 ft²
$324/ft²
$460,000 Feb 24, 2023
$460,000 May 11, 2023
$160/mo
House
3 Beds
2 Baths
1,440 ft²
$347/ft²
$499,000 Jul 26, 2023
$499,000 Aug 31, 2023
$276/mo
House
3 Beds
2 Baths
1,362 ft²
$330/ft²
$449,000 Feb 26, 2024
-
$92/mo
House
3 Beds
2 Baths
1,395 ft²
$269/ft²
$375,000 Mar 27, 2024
-
$189/mo
In Contract
House
3 Beds
2 Baths
1,368 ft²
$351/ft²
$479,900 Feb 23, 2024
-
$218/mo
House
3 Beds
2 Baths
1,228 ft²
$363/ft²
$446,000 Mar 21, 2024
-
$298/mo
House
3 Beds
2 Baths
1,592 ft²
$245/ft²
$389,900 Feb 5, 2024
-
$107/mo
In Contract
House
3 Beds
2 Baths
1,675 ft²
$272/ft²
$455,000 Mar 21, 2024
-
$129/mo

About Lake Sarasota


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Frequently Asked Questions

When was property at 4046 Palau Drive built and last sold?
The property at 4046 Palau Drive was built in 1993 and last sold on Mar 28, 2024 for $417,000.
How much is this home worth?
The estimated value of the home located at 4046 Palau Drive is $442,098.
What are some comparable homes to 4046 Palau Drive?
Homes that are comparable to 4046 Palau Drive include a house property at 4145 Palau Drive, 3975 Berkshire Drive, 4263 Santo Avenue.

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