NOT LISTED FOR SALE

1162 Horizon View Dr Sarasota, FL 34242

Estimated Value: $4,145,000 - $7,535,000

5 Beds
4.5 Baths
5,115 Sq Ft
$1,164/Sq Ft Est. Value

Last Sold February 23, 2021

Last sale price $4,700,000 $919 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $36,342/month

Highlights

  • Property fronts gulf or ocean
  • In Ground Pool
  • Custom Home
  • Phillippi Shores Elementary School Rated A
  • Sauna
  • Deck

About This Home

As of February 2021

Tucked away on Siesta Key, known to have one of the world's best beaches, you can now own your own private access to one of it's beaches. Enter your private world where calm, elegance, and breathtaking water views are abound. After you stroll along the quiet beach and sunset cocktails, you and your guests will enjoy the gourmet chef's kitchen. A dramatic staircase leads to the upper floor where you can entertain guests in style. Indulge yourself in the romantic master bedroom where you can wake up to the stunning views of the Gulf of Mexico. This extraordinary Master suite even comes with a carefully-designed meditation or yoga room, incorporating soothing acoustics, lighting and a mosaic ceiling. The media room is a great place to spend the night watching a movie with the family. The volleyball style swimming pool, spa, tanning ledge and sitting area is a magnificent setting to relax and unwind or entertain guests. There is no shortage of space with the expansive garage and ample storage areas. Turtle Beach is a short drive into town where you can enjoy all of the amenities that Sarasota has to offer.

Last Agent to Sell the Property

Marc Rasmussen

CORCORAN DWELLINGS REALTY License #0684744 Listed on: 01/22/2021

CORCORAN DWELLINGS REALTY

Last Buyer's Agent

Marc Rasmussen

CORCORAN DWELLINGS REALTY License #0684744 Listed on: 01/22/2021

CORCORAN DWELLINGS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,902

Year Built

  • Built in 2004

Lot Details

  • 0.25 Acre Lot
  • Property fronts gulf or ocean
  • Street terminates at a dead end
  • Northeast Facing Home
  • Irrigation
  • Landscaped with Trees
  • Property is zoned RSF1

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Custom Home
  • Tri-Level Property
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,115 Sq Ft Home
  • Elevator
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Sauna
  • Ceramic Tile Flooring
  • Water Views
  • Hurricane or Storm Shutters

Kitchen

  • Built-In Convection Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Tortoise Estates Community
  • Tortoise Estates Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 0129090007

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,902

Year Built

Built in 2004

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Water View: Yes
  • Construction Materials: Block, Stucco
  • Living Area: 5115.00
  • Homestead: Yes
  • Lot Size Acres: 0.25
  • Year Built: 2004
  • Building Area Total: 8676.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4487495?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4487495?w=Customer
  • Lot Size Sq Ft: 11000
  • Building Search Sq Meters: 806.03
  • Escrow State: FL
  • List Office Head Office Key Nume: 1047758
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 7
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Central Vaccum, Elevator, Sauna, Skylight(s), Solid Surface Counters, Solid Wood Cabinets, Vaulted Ceiling(s)
  • Appliances Included: Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Three Or More
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Living Area Meters: 475.20

Exterior Features

  • Direction Faces: Northeast
  • Waterfront Feet Gulf Ocean: 100
  • Water Access: Gulf/Ocean
  • Pool Features: In Ground
  • Exterior Features: Balcony, Hurricane Shutters, Irrigation System, Outdoor Shower
  • Roof: Tile
  • Water View: Gulf/Ocean - Full
  • Flood Zone Code: AE
  • Flood Zone Date: 11/04/2016
  • Flood Zone Panel: 12115C0207F
  • Water Access: Yes
  • Pool Private: Yes
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Covered, Driveway, Garage Door Opener, Oversized

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Public
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Tortoise Estates

Fee Information

  • Waterfront Frontage: 100

Lot Info

  • Total Acreage: 1/4 to less than 1/2
  • Zoning: RSF1
  • Parcel Number: 0129090007
  • Lot Features: In County, Street Dead-End
  • Lot Size Square Meters: 1022

Rental Info

  • Minimum Lease: No Minimum

Tax Info

  • Tax Annual Amount: 37902.00
  • Tax Book Number: 24-28
  • Tax Lot: 7

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
Feb 23, 2021
Sold by
Reeves Andrew K and Reeves Kimberly C
Bought by
Reed Antony Scott and Reed Debra Rennee
Seller's Agent
Marc Rasmussen
CORCORAN DWELLINGS REALTY
Buyer's Agent
Marc Rasmussen
CORCORAN DWELLINGS REALTY
List Price
$4,750,000
Sold Price
$4,700,000
Premium/Discount to List
-$50,000
-1.05%
Current Estimated Value
$5,954,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,254,069
Avg. Annual Appreciation
5.06%

Purchase Details

Closed on
Jan 9, 2017
Sold by
Reeves Kimberly Crosby
Bought by
Reeves Andrew K and Reeves Kimberly Crosby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2015
Sold by
Reeves Kimberly Crosby
Bought by
Reeves Kimberly Crosby

Purchase Details

Closed on
Feb 24, 2011
Sold by
Reeves Andrew K and Reeves Kimberly Crosby
Bought by
Reeves Kimberly Crosby and Kimberly Crosby Reeves Revocable Trust

Purchase Details

Closed on
Jul 3, 2009
Sold by
Strmel Peggyann Wachtel
Bought by
Reeves Andrew K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,495,000
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 1999
Sold by
Minieri Carl and Minieri Katheryn
Bought by
Strmel Peggyann Wachtel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$926,500
Interest Rate
6.9%
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
Reed Antony Scott $4,700,000 Attorney
Reeves Andrew K -- Dri Title & Escrow
Reeves Kimberly Crosby -- Attorney
Reeves Andrew K -- Attorney
Reeves Kimberly Crosby -- Attorney
Reeves Andrew K $2,495,000 Attorney
Strmel Peggyann Wachtel $560,000 --
Strmel Peggyann Wachtel $560,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reeves Andrew K $417,000
Previous Owner Reeves Andrew K $2,495,000
Previous Owner Strmel Peggyann Wachtel $926,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2021 02/23/21 Sold $4,700,000 -4.1% $919 / Sq Ft
01/25/2021 01/25/21 Price Changed $4,900,000 +3.2% $958 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $4,750,000 -- $929 / 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
2025 $61,381 $5,049,800 $2,049,400 $3,000,400
2024 $67,093 $5,381,235 -- --
2023 $67,093 $5,224,500 $0 $0
2022 $63,448 $4,829,200 $1,906,400 $2,922,800
2021 $37,653 $2,578,774 $0 $0
2020 $37,902 $2,543,170 $0 $0
2019 $37,037 $2,485,992 $0 $0
2018 $36,511 $2,439,639 $0 $0
2017 $36,409 $2,389,460 $0 $0
2016 $30,579 $2,776,800 $1,107,300 $1,669,500
2015 $31,179 $2,733,800 $966,700 $1,767,100
2014 $33,798 $2,225,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marc Rasmussen

    Seller's Agent in 2021

    Marc Rasmussen

    CORCORAN DWELLINGS REALTY

    (941) 822-0708

    11 in this area

    37 Total Sales

    Marc Rasmussen
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4487495

Stellar MLS

APN: 0129-09-0007

Florida Sarasota County Sarasota 34242

1162 Horizon View Dr, Sarasota, FL

Not Listed for Sale

Detached

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