NOT LISTED FOR SALE

116 Garden Ln Sarasota, FL 34242

Estimated Value: $2,190,000 - $2,277,000

4 Beds
3.5 Baths
2,971 Sq Ft
$753/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $1,585,000 $533 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $13,550/month

15 Days on Market

Highlights

  • Water Access
  • Partial Gulf or Ocean Views
  • High Ceiling
  • Phillippi Shores Elementary School Rated A
  • Open Floorplan
  • Stone Countertops

About This Home

As of May 2021

Stunning almost new home on exclusive North Siesta Key with a DEEDED ACCESS TO SHELL BEACH RIGHT OUT YOUR BACK DOOR. This 2017 built home by boutique luxury home builder "MGB" ( My Green Buildings) is move in ready, absolutely immaculate, built like a fortress with exceptionally low flood premiums and has MASSIVE RENTAL POTENTIAL should you choose to rent. The home is elevated and lives like a townhome yet includes an ELEVATOR landing on each floor for convenience. On the ground floor you have an oversized one car garage, a foyer and a large storage area with sliders out to your private back patio and fire pit. The second floor has 3 bedrooms, 2 full baths and a 2nd living area all beautifully done. The third floor is your main living area which features a gorgeous gourmet kitchen with custom cabinets, QUARTZ countertops, SS appliances and a large center island for entertaining. There is also a dining room, a powder room, a fantastic living room with tons of windows and a set of sliders that takes you out to a to die for outdoor covered porch with partial water views. Perched up above the main living area is the breathtaking master bedroom / bathroom suite, a balcony and a home office desk area. This is a great low maintenance option and you can't beat the Siesta Key location. The luxurious finish levels are what you expect from MGB. The green features include, open cel spray foam insulation, high E impact windows and doors, standing seem metal roof, tankless water heaters, natural gas and an insulated garage door. Expect your utility bills to be very low each month and you don't have an HOA. This is a gem. Furniture package could be available with a separate contract.

Last Agent to Sell the Property

Ryan Carson

RE/MAX ALLIANCE GROUP License #3240511 Listed on: 03/15/2021

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Ryan Carson

RE/MAX ALLIANCE GROUP License #3240511 Listed on: 03/15/2021

RE/MAX ALLIANCE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,298

Year Built

  • Built in 2017

Lot Details

  • 4,395 Sq Ft Lot
  • East Facing Home
  • Property is zoned RSF1

Parking

  • 1 Car Attached Garage
  • Common or Shared Parking
  • Ground Level Parking
  • Driveway

Home Design

  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,971 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Family Room
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Partial Bay or Harbor Views
  • Walk-Up Access
  • Storm Windows

Kitchen

  • Cooktop
  • Freezer
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Roof
  • Energy-Efficient Thermostat

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Deeded access to the beach
  • Outdoor Storage

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • Tankless Water Heater

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Built by MGB
  • Siesta Rev Community
  • Siesta Rev Of Subdivision
  • Rental Restrictions

Amenities

  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,298

Year Built

Built in 2017

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2971
  • Lot Size Acres: 0.1
  • New Construction: No
  • Year Built: 2017
  • Building Area Total: 4651
  • Lot Size Sq Ft: 4395
  • Directions to Property: From Siesta Drive follow road onto Higel and take a right on Garden. Last home on left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4494413?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4494413?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Property Description: Walk-Up
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.96119
  • Price per Sq Ft: 533.49
  • Close to Original List Price Ratio: 0.90623
  • Ratio: Current Price\Building Area Total: 340.79
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Elevator, High Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Window Treatments
  • Appliances Included: Cooktop, Dishwasher, Dryer, Freezer, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Stories: 4
  • Window Features: Storm Window(s)
  • Street Number Modifier: 116
  • Room Count: 9
  • Additional Rooms: Family Room

Exterior Features

  • Direction Faces: East
  • Exterior Features: Outdoor Shower, Sliding Doors, Storage
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Concrete
  • 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
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Common, Driveway, Ground Level
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: RSF1
  • Parcel Number: 2019130019
  • Additional Parcels: No
  • Fencing: Other
  • Flood Zone Code: AE

Green Features

  • Efficiency: Appliances, HVAC, Insulation, Roof, Thermostat, Water Heater, Windows

Building Info

  • Builder Name: MGB

Rental Info

  • Minimum Lease: 1 Month
  • Num Timesper Year: 12
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See Sarasota County Zoning restrictions for RSF1

Tax Info

  • Tax Annual Amount: 14297.72
  • Tax Block: 1
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2021
Closed on
May 14, 2021
Sold by
Koenig Kenneth W and Koenig Carolyn
Bought by
Alfris Stephen and Bertrand Isabelle J
Seller's Agent
Ryan Carson
RE/MAX ALLIANCE GROUP
Buyer's Agent
Ryan Carson
RE/MAX ALLIANCE GROUP
List Price
$1,749,000
Sold Price
$1,585,000
Premium/Discount to List
-$164,000
-9.38%
Current Estimated Value
$2,236,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$651,832
Avg. Annual Appreciation
8.26%
Original Mortgage
$1,085,000
Outstanding Balance
$985,369
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,251,463

Purchase Details

Listed on
Jun 16, 2020
Closed on
Aug 13, 2020
Sold by
Five-Z Family Trust and Five Z Family Trust
Bought by
Koenig Kenneth W and Koenig Carolyn
Seller's Agent
Nora Johnson
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Roger Pettingell
COLDWELL BANKER REALTY
List Price
$1,495,000
Sold Price
$1,420,000
Premium/Discount to List
-$75,000
-5.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.79%

Purchase Details

Closed on
Jul 30, 2015
Sold by
Zumwalt Clark
Bought by
Zumwalt Clark and Five-Z Family Trust
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
Alfris Stephen $1,585,000 Attorney
Koenig Kenneth W $1,420,000 Parker Williams
Zumwalt Clark -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alfris Stephen $1,085,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $1,585,000 -3.9% $533 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/18/2021 03/18/21 Price Changed $1,649,000 -5.7% $555 / Sq Ft
03/15/2021 03/15/21 For Sale $1,749,000 +23.2% $589 / Sq Ft
08/13/2020 08/13/20 Sold $1,420,000 -5.0% $478 / Sq Ft
07/12/2020 07/12/20 Pending -- -- --
06/16/2020 06/16/20 For Sale $1,495,000 -- $503 / 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 $19,585 $1,712,823 -- --
2023 $19,585 $1,662,935 $0 $0
2022 $19,147 $1,614,500 $391,700 $1,222,800
2021 $15,879 $1,292,900 $294,800 $998,100
2020 $14,298 $1,226,800 $184,900 $1,041,900
2019 $13,590 $1,205,300 $173,400 $1,031,900
2018 $13,400 $1,115,900 $190,200 $925,700
2017 $522 $9,030 $0 $0
2016 $446 $49,400 $49,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4494413

Stellar MLS

APN: 2019-13-0019