tomo logo

$849,000

Beds
4
Baths
3.0
sq ft
2,558

5063 Timber Chase Way, Sarasota, FL 34238

5063 Timber Chase Way

SARASOTA, FL 34238

  • 16 days on market
If you're in search of a 4-bedroom, 3-bathroom home with a 3-car garage and a pool, complete with a BRAND NEW 2024 CONCRETE TILE ROOF, this is the one for you! Welcome to Turtle Rock in Palmer Ranch, a gated community with low HOA fees, located in one of Florida's top-rated school districts. This stunning home has been beautifully updated with fresh paint, new landscaping, new appliances, cleaned grout, a new roof, a freshly painted deck, upgraded laundry room, and additional landscaping enhancements. Upon entering, you'll immediately be greeted by the formal living room, which overlooks one of the most private, vacation-like pool areas in all of Turtle Rock. The thoughtful split floor plan offers 2,558 sq ft of spacious living, providing privacy for each of the four bedrooms. The kitchen features updated appliances, granite countertops, an oversized walk-in pantry, and recessed lighting. The primary suite is both comfortable and versatile, with ample closet space, a private entrance to the lanai, and an ensuite bathroom complete with a shower and jetted tub. The open concept layout also includes “pocket sliding” doors that lead to your own private oasis, where you can relax to the soothing sounds of the pool and spa. Surrounded by lush, mature landscaping, the outdoor space offers complete privacy, making it an ideal spot for entertaining. The home also includes a convenient bonus pool bathroom with direct lanai access, allowing guests easy pool access without interrupting the main living areas. The low monthly HOA fee of $205 includes access to the community pool, clubhouse, basketball/pickleball courts, tennis courts, and 300+ acres of natural preserves, lakes, and nature trails. The vibrant community also offers various clubs and a full calendar of events to help neighbors connect, with favorites like the Holiday Lights trolley tour and Halloween festivities. Just outside the gates, you'll find access to the famous Legacy Trail, as well as Publix, Costco, shopping, and a variety of dining options. Make this your dream home today! (Note: Primary bedroom closet type: Walk-in Closet.)

Details

Property type

Single Family Residence

Est. home value

$843,830

Lot size

0.24 acres

Price per sq ft

$332

Year built

1998

Annual property taxes

$4,551

Monthly HOA fee

$275

Price History

02/06/2025
StellarMLS

StellarMLS #A4639513

Listed
$849,000
+7.47%
05/31/2024
StellarMLS

StellarMLS #A4602434

Sold
$790,000
-0.63%
04/28/2024
StellarMLS

StellarMLS #A4602434

Pending
$795,000

Schools & Community

Elementary school: 

Ashton Elementary

Middle school: 

Sarasota Middle

High school: 

Riverview High

Community features: 

Gated, Clubhouse, Pool, Sidewalks, Tennis Court(s)

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$650,246
Asking price
$849,000
Closing costs (~8% of asking)
-$67,920
Est. remaining loan balance
-$130,834
Cash to seller
$650,246

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Mutual Of Omaha Mortgage Inc

Loan start date

December 2020

Original loan amount

$169,000

Est. remaining balance

$130,834

Interest rate

2.32%

Loan type

New Conventional, 16 year

Seller

Peter J Leach and Stacey B Leach

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/23/2025 at 7:40 AM

Listing updated: 02/14/2025 at 11:44 AM

Listed by: Isabella Libertore, KELLER WILLIAMS ON THE WATER S Phone #: (941) 803-7522

MLS: StellarMLS #A4639513

StellarMLS logo

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