NOT LISTED FOR SALE

1121 Lake House Cir Unit C111 Sarasota, FL 34242

Estimated Value: $687,000 - $798,000

2 Beds
2 Baths
1,352 Sq Ft
$1,248/mo HOA Fee

Last Sold February 29, 2024

Last sale price $837,000 $619 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $5,678/month

122 Days on Market

Highlights

  • Heated Pool
  • Pond View
  • Main Floor Primary Bedroom
  • Phillippi Shores Elementary School Rated A
  • 4.62 Acre Lot
  • Separate Formal Living Room

About This Home

As of February 2024

Escape to your own island paradise on world-famous Siesta Key. You’ll be living the idyllic Island Lifestyle is this spacious, bright 2 bedroom 2 full bath coastal condominium. This beautifully renovated condo exudes a comfortable, coastal charm. The serene color palette creates a peaceful, relaxing retreat. The living room boasts high ceilings, plenty of natural light, and a spacious balcony overlooking the community lake. The well-designed split floor plan features the primary suite with balcony access on the first level with a spacious guest room and bathroom on the upper level providing privacy for you & your guests. The laundry is conveniently located yet tucked away in the large, bright, coastal kitchen. This pristine condo has many quality finishes including: granite countertops, custom cabinetry, LED lighting, stainless steel appliances, porcelain tile flooring throughout and Hurricane Impact windows and doors. This townhome includes a rarely available oversized 1 car garage with lots of extra storage & other conveniences including a utility sink and extra refrigerator. The condo is being sold turn-key furnished. Bring your clothes, move right in, and start living your island dream. Perfectly located across from Siesta Key Beach, known for its turquoise water, breathtaking sunsets, & powdery, white, quartz sand; you can enjoy all things Siesta! You’re just a short trolley ride away from the iconic Siesta Village filled with restaurants, live music, and shopping. This meticulously maintained community includes: beach access, heated pool, tennis courts, pavilion, BBQ grills & onsite management. When not using as your personal retreat, the weekly rental opportunity can generate income to pay expenses. You’ll fall in love with this tranquil Lakefront condo on Siesta Key whether it’s your winter escape, family getaway or permanent residence. What are you waiting for?

Last Agent to Sell the Property

Joseph Kesslak

COLDWELL BANKER REALTY Brokerage Phone: 941-349-5200 License #3360026 Listed on: 09/27/2023

COLDWELL BANKER REALTY

Co-Listed By

Wendy Kesslak

COLDWELL BANKER REALTY Brokerage Phone: 941-349-5200 License #3426707

COLDWELL BANKER REALTY

Last Buyer's Agent

Wendy Kesslak

COLDWELL BANKER REALTY Brokerage Phone: 941-349-5200 License #3426707

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,727

Year Built

  • Built in 1981

Lot Details

  • South Facing Home
  • Mature Landscaping
  • Irrigation

HOA Fees

  • $1,248 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway
  • Guest Parking

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,352 Sq Ft Home
  • 2-Story Property
  • Furnished
  • High Ceiling
  • Ceiling Fan
  • Shutters
  • Blinds
  • Sliding Doors
  • Separate Formal Living Room
  • Formal Dining Room
  • Tile Flooring
  • Pond Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Heated Pool
  • Balcony
  • Outdoor Storage

Location

  • Flood Zone Lot

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, management, private road
  • John Shea Ami Advancedmanangement, Inc Association, Phone Number (941) 359-1134
  • Our House At The Bch Community
  • Our House At Beach Ph II Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets up to 15 lbs
  • 1 Pet Allowed

Security

  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,727

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,248 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Management, Private Road
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1352
  • Lot Size Acres: 4.62
  • New Construction: No
  • Year Built: 1981
  • Building Area Total: 1773
  • Lot Size Sq Ft: 201462
  • Status: Sold
  • Co List Office Mls Id: MFR281502160
  • Co List Office Phone: 941-349-5200
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Escrow State: FL
  • Floor Number: 1
  • Minimum Lease: 1 Week
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 619.08
  • Total Acreage: 2 to less than 5
  • Water Access YN: 0
  • Property Description: End Unit,Walk-Up
  • Attribution Contact: 941-349-5200
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Primary Bedroom Main Floor, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Two
  • Stories: 2
  • Window Features: Blinds, Impact Glass/Storm Windows, Shutters, Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Formal Dining Room Separate,Formal Living Room Separate
  • Living Area Meters: 125.60

Exterior Features

  • Direction Faces: South
  • Pool Features: Heated
  • Exterior Features: Balcony, Irrigation System, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Metal
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water View: Pond
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Rear, Guest

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool, Tennis Courts
  • Association Amenities: Maintenance, Pool, Tennis Court(s)
  • Association Fee: 3744
  • Association Fee Frequency: Quarterly
  • Association Name: John Shea AMI-AdvancedManangement, Inc
  • Phone: 941-359-1134
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: See association documents for additional information.
  • Association Fee Requirement: Required
  • Condo Fees: 0
  • Condo Land Included YN: 1
  • Max Pet Weight: 15
  • Association Email: jshea@amiwra.com
  • Pet Size: Very Small (Under 15 Lbs.)

Fee Information

  • Total Annual Fees: 14976.00
  • Total Monthly Fees: 1248.00
  • Monthly HOA Amount: 1248.00

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0107012011
  • Additional Parcels: No
  • Lot Features: FloodZone, In County
  • Flood Zone Code: AE
  • Future Land Use: 0403

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See Docs for additional information

Tax Info

  • Tax Annual Amount: 6726.78
  • Tax Book Number: 0014/0015
  • Tax Lot: C111

Multi Family

  • Approval Process: See Association Docs for additional information

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2023
Closed on
Feb 29, 2024
Sold by
Lanzilli Thomas and Lanzilli Joyce
Bought by
Valentic Family Trust and Valentic
Seller's Agent
Joseph Kesslak
COLDWELL BANKER REALTY
Buyer's Agent
Wendy Kesslak
COLDWELL BANKER REALTY
List Price
$885,000
Sold Price
$837,000
Premium/Discount to List
-$48,000
-5.42%
Views
168
Current Estimated Value
$725,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$111,338
Avg. Annual Appreciation
-8.24%

Purchase Details

Listed on
Apr 2, 2013
Closed on
May 28, 2013
Sold by
Bates David and Bates Jill
Bought by
Lanzilli Thomas and Lanzilli Joyce
Seller's Agent
Lois Seropian
COLDWELL BANKER REALTY
Buyer's Agent
Tom Wentzel
FINE PROPERTIES
List Price
$410,000
Sold Price
$350,000
Premium/Discount to List
-$60,000
-14.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%
Original Mortgage
$200,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 1993
Sold by
Vlahakis Hopkins Trevor Reid and Vlahakis Hopkins Irene
Bought by
Bates David and Bates Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
7.21%
Source: Public Records

Range of Values:

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Average Value
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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
Valentic Family Trust $837,000 None Listed On Document
Lanzilli Thomas $350,000 Integrity Title Services Inc
Bates David -- --
Bates David $154,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lanzilli Thomas $200,000
Previous Owner Bates David $115,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/29/2024 02/29/24 Sold $837,000 -2.6% $619 / Sq Ft
01/28/2024 01/28/24 Pending -- -- --
01/27/2024 01/27/24 Price Changed $859,000 -2.9% $635 / Sq Ft
09/27/2023 09/27/23 For Sale $885,000 +152.9% $655 / Sq Ft
05/28/2013 05/28/13 Sold $350,000 -10.0% $259 / Sq Ft View Prior Sale
04/21/2013 04/21/13 Pending -- -- --
04/15/2013 04/15/13 Price Changed $389,000 -5.1% $288 / Sq Ft
04/02/2013 04/02/13 For Sale $410,000 -- $303 / 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 $7,583 $554,309 -- --
2023 $7,583 $698,700 $0 $698,700
2022 $6,727 $596,700 $0 $596,700
2021 $5,550 $417,800 $0 $417,800
2020 $5,169 $378,600 $0 $378,600
2019 $5,992 $448,800 $0 $448,800
2018 $4,793 $353,200 $0 $353,200
2017 $5,095 $370,900 $0 $370,900
2016 $4,966 $363,600 $0 $363,600
2015 $4,434 $303,000 $0 $303,000
2014 $4,540 $275,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4582608

Stellar MLS

APN: 0107-01-2011