NOT LISTED FOR SALE

Estimated Value: $2,780,000 - $3,250,000

4 Beds
5 Baths
4,340 Sq Ft
$702/Sq Ft Est. Value

Last Sold February 25, 2020

Last sale price $1,775,000 $409 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $17,235/month

91 Days on Market

Highlights

  • Waterfront Community
  • Boat Dock
  • In Ground Pool
  • Booker High School Rated A-
  • Fishing Pier
  • Fishing

About This Home

As of February 2020

Rare chance to own in Tocobaga Bay, a private, gated enclave of 7 homes right on the edge of downtown Sarasota. This elegant home is situated on a large double-lot with mature trees, glorious Florida vegetation, including fruit tree and enjoys views of sparkling Sarasota Bay. As you walk into the bright interior, you’ll appreciate the high ceilings and a wall of windows and French doors opening onto a balcony overlooking the pool and the Bay beyond. There is endless entertaining potential with the wet bar, spacious kitchen, formal living and dining rooms, and an enormous 38’x15’ veranda. Perfect for the avid home cook, this kitchen wows with two sinks, a large island, dual ovens, and a massive amount of storage and prep space. The Master suite and balcony overlook the Bay, and all of the bedrooms enjoy an en-suite bath. Car enthusiasts will love the huge garage that can fit 5+ cars and still has space for a workshop, exercise area and additional storage. An elevator runs from the garage and stops on both living levels.The 2012-installed roof & impact-resistant windows provide a little extra peace of mind. Tocobaga Bay has a private dock & bayfront sitting area, perfect for sunset cocktails, launching your kayak or simply enjoying the view. Perfectly poised for the exciting growth of Sarasota with the Bay & Quay projects immediately to the south, this location is just minutes from the bustling cultural life, dining, and shopping of downtown Sarasota and is a short drive to the sandy beaches of Lido Key.

Last Agent to Sell the Property

Julia McClung

MICHAEL SAUNDERS & COMPANY License #3036873 Listed on: 09/16/2019

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Tamara Currey

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3207646

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,289

Year Built

  • Built in 1992

Lot Details

  • 0.76 Acre Lot
  • Property fronts a private road
  • Street terminates at a dead end
  • South Facing Home
  • Oversized Lot
  • Irrigation
  • Property is zoned RSF1

HOA Fees

  • $333 Monthly HOA Fees

Parking

  • 5 Car Attached Garage
  • Workshop in Garage
  • Tandem Parking
  • Garage Door Opener
  • Driveway
  • Secured Garage or Parking
  • Guest Parking
  • Open Parking
  • Off-Street Parking

Property Views

  • Full Bay or Harbor
  • Woods

Home Design

  • Custom Home
  • Elevated Home
  • Bi-Level Home
  • Stem Wall Foundation
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,340 Sq Ft Home
  • Wet Bar
  • Built-In Features
  • Bar Fridge
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Shades
  • French Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Inside Utility

Kitchen

  • Built-In Convection Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Storm Windows
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Gunite Pool
  • Spa

Outdoor Features

  • Fishing Pier
  • Access to Bay or Harbor
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required
  • City Lot

Schools

  • Gocio Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Zoned Heating and Cooling
  • Heating Available
  • Thermostat
  • Natural Gas Connected
  • Water Filtration System
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include private road
  • Howard Akey Association, Phone Number (941) 704-4916
  • Tocobaga Bay Community
  • Tocobaga Bay Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Boat Dock
  • Waterfront Community
  • Fishing

Additional Features

  • Gated Community
  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,289

Year Built

Built in 1992

Lot Details

0

HOA Fees

$333 per month

Parking

5

Listing Details

  • HOA Fee Includes: Private Road
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Stucco, Wood Frame
  • Fireplace: Yes
  • Living Area: 4340
  • Lot Size Acres: 0.76
  • New Construction: No
  • Year Built: 1992
  • Building Area Total: 7011
  • Lot Size Sq Ft: 33275
  • Directions to Property: From Tamiami Trail/US 41 turn west on Hampton Rd between 14th & 15th (just south of Wicked Cantina Restaurant), turn right on Palmetto Ln and gate to Tocobaga is on the left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4446300?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4446300?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Home Warranty Y N: Yes
  • Property Description: Elevated
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.91026
  • Price per Sq Ft: 408.99
  • Close to Original List Price Ratio: 0.91026
  • Ratio: Current Price\Building Area Total: 253.17
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Living Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 5
  • Interior Amenities: Built in Features, Ceiling Fans(s), Central Vaccum, Crown Molding, Elevator, High Ceiling(s), Kitchen/Family Room Combo, Skylight(s), Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Refrigerator, Washer, Water Filtration System
  • Foundation Details: Stem Wall
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Yn: Yes
  • Window Features: Shades, Storm Window(s)
  • Street Number Modifier: 1045
  • Room Count: 13
  • Additional Rooms: Den/Library/Office, Family Room, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Pool Features: Gunite, In Ground
  • Exterior Features: Balcony, French Doors, Irrigation System, Rain Gutters
  • Roof: Tile
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End, Private Road
  • View: Trees/Woods, Water
  • Water Body Name: Sarasota Bay
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Front Porch, Screened, Side Porch
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Partial
  • Water Access: Bay/Harbor
  • Water Extras: Fishing Pier
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0131F
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 5
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Guest, Off Street, Tandem, Workshop in Garage
  • Covered Parking Spaces: 5
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected
  • Cooling: Central Air, Zoned
  • Heating: Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fishing, Gated Community, Water Access, Waterfront
  • Association Amenities: Boat Dock, Gated
  • Association Fee: 4000
  • Association Fee Frequency: Annually
  • Association Name: Howard Akey
  • Phone: 941-704-4916
  • Association: Yes
  • Security: Gated Community, Secured Garage/Parking, Security System, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 4000
  • Monthly HOA Fee: 333.33
  • Total Monthly Fees: 333.33

Schools

  • Elementary School: Gocio Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: RSF1
  • Parcel Number: 2007020006
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, City Lot, Oversized Lot
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 6 Months
  • Approval Process: Contact listing agent for approval process.
  • Num Timesper Year: 1
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Minimum lease is 6 months, once a year.

Tax Info

  • Tax Annual Amount: 19289
  • Tax Book Number: 34-50
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2021
Sold by
Burns Elizabeth B
Bought by
Burns Elizabeth B and Elizabeth B Burns Revocable Li
Current Estimated Value
$3,048,678

Purchase Details

Listed on
Sep 16, 2019
Closed on
Feb 25, 2020
Sold by
Moore Barnette C and Moore Patricia H
Bought by
Yates Richard L and Burns Elizabeth B
Seller's Agent
Julia McClung
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Tamara Currey
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$1,950,000
Sold Price
$1,775,000
Premium/Discount to List
-$175,000
-8.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.52%

Purchase Details

Closed on
Aug 9, 1996
Sold by
Berteau John T and Vaccaro Thomas C
Bought by
Barnette C Joseph and Moore Patricia H F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
8.24%

Purchase Details

Closed on
Jul 2, 1996
Sold by
Relocation Closing Svc Inc
Bought by
Vaccaro Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
8.24%

Purchase Details

Closed on
Jun 30, 1995
Sold by
Relocation Closing Svc Inc
Bought by
Vaccaro Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
7.79%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Burns Elizabeth B -- Accommodation
Yates Richard L $1,775,000 Attorney
Barnette C Joseph $650,000 --
Vaccaro Thomas -- --
Vaccaro Thomas $675,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moore Barnette C $300,000
Previous Owner Barnette C Joseph $650,000
Previous Owner Vaccaro Thomas $540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2020 02/25/20 Sold $1,775,000 -9.0% $409 / Sq Ft
12/16/2019 12/16/19 Pending -- -- --
09/16/2019 09/16/19 For Sale $1,950,000 -- $449 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

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 $7,912 $1,885,048 -- --
2023 $7,912 $1,914,164 $0 $0
2022 $6,428 $1,776,839 $0 $0
2021 $21,889 $1,412,600 $645,500 $767,100
2020 $21,200 $1,294,400 $604,500 $689,900
2019 $19,599 $1,236,148 $0 $0
2018 $0 $1,213,099 $0 $0
2017 $19,074 $1,188,148 $0 $0
2016 $19,045 $1,273,800 $290,500 $983,300
2015 $19,332 $1,364,500 $394,800 $969,700
2014 $19,318 $1,129,506 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4446300

Stellar MLS

APN: 2007-02-0006