NOT LISTED FOR SALE

1131 Horizon View Dr Sarasota, FL 34242

Estimated Value: $1,191,000 - $3,906,000

5 Beds
5 Baths
4,989 Sq Ft
$400/Sq Ft Est. Value

Last Sold May 11, 2020

Last sale price $870,000 $174 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $11,765/month

172 Days on Market

Highlights

  • Water Access
  • Heated In Ground Pool
  • Custom Home
  • Phillippi Shores Elementary School Rated A
  • Partial Gulf or Ocean Views
  • Dumbwaiter

About This Home

As of May 2020

Siesta Key's ONLY 5 bedroom home with private, deeded beach access under $2,500,000! Horizon View Drive is one of Siesta’s only communities to provide its limited number of residents a private, deeded beach access on their own street. (Located 25 steps from your front yard.) With all the benefits of a beach-front home at a fraction of the cost, this incredible estate home is built for greatness. While in need of some cosmetic updating, the potential you’ll see immediately abounds. With 5 true bedrooms, a newly installed elevator, and a pool guaranteed to impress, the opportunities are endless. Located on the main living level you’ll find a current great room adjacent to your kitchen simply dying to be connected into one immense living area. On your lower living level, in addition to two guest suites and 2 car garage, is a secondary living/great room already complete with a full wet bar ready to serve poolside guests! It would be impossible to recreate a home of this size, elevation and timeless stature in today’s market at a price remotely near this. So load up your imagination, beach toys and flip flops to come see this truly special home.

Last Agent to Sell the Property

Jeffrey Hinrichs

MICHAEL SAUNDERS & COMPANY License #3240278 Listed on: 10/17/2019

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Brian Loebker

MICHAEL SAUNDERS & COMPANY License #3264334

Last Buyer's Agent

David Butler Jr

RE/MAX ALLIANCE GROUP License #0507643

RE/MAX ALLIANCE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,761

Year Built

  • Built in 1987

Lot Details

  • 0.25 Acre Lot
  • Property fronts a private road
  • Street terminates at a dead end
  • West Facing Home
  • Mature Landscaping
  • Property is zoned RSF1

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener
  • Circular Driveway
  • Open Parking

Home Design

  • Custom Home
  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,989 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Bar Fridge
  • Ceiling Fan
  • Partial Bay or Harbor Views
  • Hurricane or Storm Shutters

Kitchen

  • Dumbwaiter
  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Stone Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Fiberglass Pool
  • Outdoor Shower

Outdoor Features

  • Water Access
  • Deeded access to the beach
  • Screened Patio

Schools

  • Phillippi Shores Elementary School
  • Sarasota Middle School
  • Riverview High School

Additional Features

  • Flood Insurance May Be Required
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Tortoise Estates Community
  • Tortoise Estates Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,761

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 4989
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1987
  • Lot Size Sq Ft: 10838
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4448953?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4448953?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.79452
  • Price per Sq Ft: 174.38
  • Close to Original List Price Ratio: 0.67181
  • View: Yes
  • Co List Office Mls Id: 281502395
  • Co List Office Phone: 941-349-3444
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 5
  • Interior Amenities: Ceiling Fans(s), Central Vaccum, Dumbwaiter, Elevator, Solid Surface Counters, Stone Counters
  • Appliances Included: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Three Or More
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 3
  • Room Count: 9
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Pool Features: Fiberglass, Heated, In Ground
  • Exterior Features: Hurricane Shutters, Outdoor Shower
  • Roof: Other
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End, Private Road
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Screened
  • Water View: Gulf/Ocean - Partial
  • Water Access: Beach - Access Deeded
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0207F
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage Door Opener, Workshop in Garage
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Water Access
  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Riverview High
  • Middle Or Junior School: Sarasota Middle

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0129090015
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Num Timesper Year: 12
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: No restrictions.

Tax Info

  • Tax Annual Amount: 10760.74
  • Tax Book Number: 24-28
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2019
Closed on
May 11, 2020
Sold by
Diles Paul R and Diles Sarah L
Bought by
Todd Realty Llc
Seller's Agent
Jeffrey Hinrichs
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
David Butler Jr
RE/MAX ALLIANCE GROUP
List Price
$1,295,000
Sold Price
$870,000
Premium/Discount to List
-$425,000
-32.82%
Current Estimated Value
$1,994,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,124,959
Avg. Annual Appreciation
16.04%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Todd Realty Llc $870,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2020 05/11/20 Sold $870,000 -20.5% $174 / Sq Ft
04/06/2020 04/06/20 Pending -- -- --
03/10/2020 03/10/20 Price Changed $1,095,000 -8.4% $219 / Sq Ft
12/30/2019 12/30/19 Price Changed $1,195,000 -7.7% $240 / Sq Ft
10/17/2019 10/17/19 For Sale $1,295,000 -- $260 / 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 $15,636 $1,159,434 -- --
2023 $15,636 $1,441,200 $657,500 $783,700
2022 $13,644 $1,183,000 $474,100 $708,900
2021 $11,359 $871,100 $328,800 $542,300
2020 $9,668 $717,600 $279,800 $437,800
2019 $10,761 $847,514 $0 $0
2018 $10,561 $831,711 $0 $0
2017 $10,522 $814,604 $0 $0
2016 $10,522 $1,104,800 $346,100 $758,700
2015 $10,720 $1,080,300 $336,100 $744,200
2014 $10,686 $774,399 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4448953

Stellar MLS

APN: 0129-09-0015