by RH Advisors

See Home Value
$425,000
House - Off Market

5740 Ivrea DRIVE

SARASOTA, FL 34238
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1693 Sqft
$3,032
Estimated Monthly
$454
HOA / Fees
4.19%
Cap Rate

About This Property

PRICE REDUCTION!! Great opportunity to live in Villagewalk! Nestled within the Beautiful Village Walk community on Palmer Ranch lies your secluded haven. Imagine savoring your morning coffee on the tranquil private lanai overlooking a lush garden. This expanded villa offers a retreat-like atmosphere, featuring a private master suite, a guest suite, a spacious living area with a built-in wall unit, a well-appointed kitchen and dining area, and a versatile den complete with in-home laundry facilities-an ideal setting for hosting guests and entertaining. Built with durability and safety in mind, this DiVosta home boasts poured concrete walls with rebar reinforcements, a sturdy concrete foundation, and a resilient barrel tile roof, ensuring hurricane protection for all windows and doors. Added conveniences include a central vacuum system and a security system for peace of mind. Recent upgrades include a new TRANE Central Air system with a 10-year warranty, along with newer appliances like the refrigerator and disposal. To maintain its impeccable condition, the tile and grout have been freshly cleaned and sealed. The Village Walk community offers an unparalleled array of amenities, including 24-hour guarded gates, rejuvenating lap and lagoon pools, HarTru tennis courts, pickleball, basketball, and bocce ball facilities. Indulge in a culinary experience at the cafe and full-service bar, or pamper yourself at the on-site gas station, gift shop, and hair salon. Stay active and fit at the state-of-the-art fitness center, or explore miles of scenic walking and bike paths. Conveniently located near shopping centers, top-rated schools, and the Legacy Bike Trail, this community provides easy access to the pristine shores of Siesta Key, voted the #1 Beach in the USA, and the vibrant cultural scene of downtown Sarasota. Experience the epitome of luxury living amidst lush landscapes, serene lakes, and endless recreational opportunities-all while forging meaningful connections with new friends who eagerly await your arrival. Welcome home to a life of leisure and fulfillment!
Unit Size
1,693Ft²
Days on Market
75 days
Land Size
0.12 acres
Price per sqft
$266
Property Type
House
Property Taxes
$368
HOA Dues
$454
Year Built
2002
Last updated: 2 months ago (Stellar MLS #A4598493)

Price History

Date / Event Date Event Price
May 8, 2024 Sold $425,000
Sold
Apr 19, 2024 In contract -
In contract
Apr 11, 2024 Price Decreased $450,000
↓ $15K (3.2%)
Price Decreased
Mar 15, 2024 Price Decreased $465,000
↓ $14K (2.9%)
Price Decreased
Feb 23, 2024 Listed by COLDWELL BANKER REALTY $479,000
Listed by COLDWELL BANKER REALTY
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B-
  • Construction Type: Masonry
  • Building Style: Duplex
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 431
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,355
  • Total Building Area: 2,124
  • Gross Building Area: 2,124
  • Building Area: 1,693
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,693
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VILLAGEWALK UNIT 1C
  • Land Acres: 0.123
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 293 VILLAGEWALK UNIT 1C

Ownership

  • Current Owner : GAMBINO JOSEPH F
  • Current Owner 2: NIGRA SUSAN D
  • Previous Owner : ALBUERNE VIRGEN C
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: A055 F052 G054
  • Census Tract: 002014

Zoning

  • Zoning: RSF2

Geography

  • Assessors Map Reference: 29D
  • Account Number: 0120020008
  • Subdivision Tract Number: 2860
  • Parcel: 0120-02-0008
  • Lot: 293
  • Meridian: SEC 25 TWN 37S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2312
  • Longitude: -82.4549

    Address

  • Full Address: 5740 Ivrea Dr
  • Legal Unit: 1C
  • Address - House Number: 5740
  • Address - Street Name: Ivrea
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Sarasota
  • Carrier Code: R059
  • 4-Digit Zip Code: 4728
  • Zip Code: 34238

Valuation

    Tax

  • Total Area: 2,124
  • Tax Year: 2023
  • Tax Amount: $4,412
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.082
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 93
  • Final Value: 526,705
  • High Value: 569,909
  • Low Value: 483,501

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $217,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Feb 04, 2014
  • First Open Lien Mortgage Loan Amount: $217,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2044

    Market Valuation

  • Market Total Value: $368,200
  • Market Land Value: $103,000
  • Market Improvement Value: $265,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $368,200
  • Assessed Land Value: $103,000
  • Assessed Improvements Value: $265,200

    Sales

  • Current Sale Contract Date: Jan 29, 2014
  • Current Sale Recording Date: Feb 04, 2014
  • Current Sale Transaction ID: 1080366361
  • Current Sale Price: $259,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2014012856

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Feb 04, 2014
  • First Mortgage Loan Amount: $217,000
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2044



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2 Baths
1,534 ft²
$313/ft²
$480,000 Mar 25, 2024
$480,000 May 10, 2024
$680/mo
House
2 Beds
2 Baths
1,693 ft²
$310/ft²
$525,000 Mar 28, 2022
$525,000 Apr 14, 2022
$633/mo
House
2 Beds
2 Baths
1,534 ft²
$319/ft²
$489,000 Oct 26, 2023
$489,000 Feb 21, 2024
$810/mo
House
2 Beds
2 Baths
1,693 ft²
$284/ft²
$480,000 Apr 8, 2023
$480,000 May 9, 2023
$792/mo
House
2 Beds
2 Baths
1,534 ft²
$287/ft²
$440,000 Oct 5, 2023
$440,000 Mar 29, 2024
$794/mo
House
2 Beds
2 Baths
1,693 ft²
$286/ft²
$485,000 May 30, 2023
$485,000 Jun 14, 2023
$795/mo
House
2 Beds
2 Baths
1,693 ft²
$289/ft²
$489,000 Apr 9, 2024
-
$702/mo
House
2 Beds
2 Baths
1,534 ft²
$319/ft²
$489,000 May 3, 2024
-
$686/mo
House
2 Beds
2 Baths
1,534 ft²
$311/ft²
$476,648 Mar 17, 2024
-
$700/mo
House
2 Beds
2 Baths
1,534 ft²
$323/ft²
$495,000 Apr 16, 2024
-
$843/mo
House
2 Beds
2 Baths
1,534 ft²
$325/ft²
$499,000 May 1, 2024
-
$918/mo
House
2 Beds
2 Baths
1,632 ft²
$321/ft²
$524,500 Jan 31, 2024
-
$573/mo

About Palmer Ranch


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Frequently Asked Questions

When was property at 5740 Ivrea Drive built and last sold?
The property at 5740 Ivrea Drive was built in 2002 and last sold on Jan 29, 2014 for $259,000.
How much is this home worth?
The estimated value of the home located at 5740 Ivrea Drive is $455,906.
What are some comparable homes to 5740 Ivrea Drive?
There are currently no comparable homes to 5740 Ivrea Drive.

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