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$1,035,000

Beds
3
Baths
3.0
sq ft
2,437

5397 Bartolomeo St, Sarasota, FL 34238

5397 Bartolomeo St

SARASOTA, FL 34238

  • 3 days on market
Welcome to the resort-style community of Esplanade on Palmer Ranch. This 3 bedroom, 3 bathroom plus den, 2,437 sq.ft. Lazio model offers endless upgrades throughout and is located an optimal distance to the amenity center. New engineered laminate flooring in all bedrooms offers no carpet throughout, custom closets and pantry, new interior paint throughout, new refrigerator, new hurricane resistant front door side windows and more. Two car garage with tandem offers plenty of storage. Built in 2019, this home features a chef’s kitchen with an oversized island perfect for entertaining. The outdoor covered lanai has been upgraded with a custom outdoor kitchen, new storm smart hurricane shades and overlooks a softly lit, lushly landscaped backyard. Esplanade on Palmer Ranch is a gated community delivering resort-style amenities such as an on-site Bahama Bar restaurant, amenity center with both a resort style pool and resistance pool, splash park, hot tub, fitness center, private fitness room with multiple classes offered, 8 pickleball courts, 2 tennis courts, 3 dog parks, nature trail, spa for massages and facials. The community offers 2 private direct accesses to Legacy Trail and can be on the trail in just minutes. Esplanade on Palmer Ranch has on-site management and is located near top-rated schools. This amazing home provides a wonderful opportunity to live your dream in paradise.

Details

Property type

Single Family Residence

Est. home value

$1,018,856

Lot size

9,629 sq ft

Price per sq ft

$425

Year built

2019

Annual property taxes

$8,779

Monthly HOA fee

$550

Price History

01/01/2025
StellarMLS

StellarMLS #A4631503

Listed
$1,035,000
-1.43%
09/30/2022
StellarMLS

StellarMLS #A4545154

Sold
$1,050,000
+95.53%
12/13/2019
StellarMLS

StellarMLS #A4440147

Sold
$537,000

Schools & Community

Elementary school: 

Laurel Nokomis Elementary

Middle school: 

Laurel Nokomis Middle

High school: 

Venice Senior High

Community features: 

Gated, Clubhouse, Fitness Center, Pool, Restaurant, 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

$139,895
Asking price
$1,035,000
Closing costs (~8% of asking)
-$82,800
Est. remaining loan balance
-$812,305
Cash to seller
$139,895

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

September 2022

Original loan amount

$840,000

Est. remaining balance

$812,305

Interest rate

5.22%

Loan type

New Conventional, 30 year

Seller

Jamie Rae Hofberger and Karol Ann Gilman

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: 01/04/2025 at 4:30 AM

Listing updated: 01/01/2025 at 9:23 PM

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

MLS: StellarMLS #A4631503

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