NOT LISTED FOR SALE

1201 Sharswood Ln Sarasota, FL 34242

Estimated Value: $2,947,000 - $3,632,000

3 Beds
7 Baths
3,520 Sq Ft
$927/Sq Ft Est. Value

Last Sold September 20, 2017

Last sale price $2,188,000 $622 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $19,848/month

Highlights

  • Access to Bay or Harbor
  • Under Construction
  • Custom Home
  • Phillippi Shores Elementary School Rated A
  • Heated Spa
  • Gated Community

About This Home

As of September 2017

UNDER CONSTRUCTION. Photo is a rendering of similar elevation. Located within the exclusive West Indies themed, gated community of Spice Bay on Siesta Key with just 14 homes, this custom London Bay Homes' residence is located just a short walk from Spice Bay's private dock on Sarasota Bay featuring views of the Intracoastal Waterway.

Last Buyer's Agent

Louis Wery

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0654389

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,314

Year Built

  • Built in 2018 | Under Construction

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 137x125x108x110
  • Northwest Facing Home
  • Dog Run
  • Private Lot
  • Corner Lot
  • Irrigation
  • Property is zoned RSF1

HOA Fees

  • $379 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Custom Home
  • Stem Wall Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 3,520 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • French Doors
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Den
  • Bonus Room
  • Inside Utility
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector
  • In Wall Pest System

Pool

  • Heated Spa
  • Gunite Pool

Outdoor Features

  • Access to Bay or Harbor
  • Dock made with Composite Material
  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Outdoor Storage
  • Rain Gutters

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 0110140034

Community Details

Overview

  • Spice Bay Community
  • Spice Bay Subdivision
  • The community has rules related to deed restrictions

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,314

Year Built

Built in 2018 | Under Construction

Lot Details

0

HOA Fees

$379 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 3520
  • Lot Size Acres: 0.32
  • New Construction: Yes
  • Year Built: 2018
  • Building Area Total: 5164
  • Lot Size Sq Ft: 14139
  • Directions to Property: Property located off Midnight Pass Rd. in Siesta Key.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Available for Lease YN: 1
  • List Office Head Office Key Nume: 1047246
  • Minimum Lease: 8-12 Months
  • RATIO Current Price By Calculate: 621.59
  • Total Acreage: 1/4 Acre to 21779 Sq. Ft.
  • Water Access YN: 1
  • Tax Year: 2016
  • Special Features: NewHome

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 4
  • Interior Amenities: Crown Molding, Eat-in Kitchen, High Ceilings, In Wall Pest System, Open Floorplan, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Refrigerator, Washer
  • Foundation Details: Stem Wall
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Street Number Modifier: 1201
  • ResoLivingAreaSource: Builder
  • Additional Rooms: Bonus Room,Den/Library/Office,Foyer,Great Room,Inside Utility
  • Room Count: 9

Exterior Features

  • Direction Faces: Northwest
  • Other Structures: Kennel/Dog Run, Outdoor Kitchen, Storage
  • Pool Features: Gunite, Heated
  • Exterior Features: French Doors, Sliding Doors, Dog Run, Irrigation System, Outdoor Kitchen, Rain Gutters, Storage
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water Access: Bay/Harbor
  • Water Extras: Dock - Composite
  • Water Extras YN: 1
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04T00:00:00.000
  • Flood Zone Panel: 12115C0207F
  • Projected Completion Date: 2018-09-30T00:00:00.000

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Connected, Gas, Public, Sprinkler Meter
  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated, Water Access
  • Association Amenities: Gated
  • Association Fee: 4550
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Gated Community, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 0
  • Pet Restrictions: No horses, cattle, swine, goats or poultry.
  • Association Fee Requirement: Required

Fee Information

  • Monthly HOA Amount: 379.17

Schools

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

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0110140034
  • Additional Parcels: No
  • Lot Features: Corner Lot, Sidewalk, Paved, Private
  • Lot Dimensions: 137x125x108x110
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Zoning Compatible YN: 1

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 5314
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2017
Sold by
Lb Spice Bay Llc
Bought by
Baumeister Bryan H and The Bryan H Baumeister Declaration Of Tr
Current Estimated Value
$3,264,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,664,000
Outstanding Balance
$1,402,421
Interest Rate
4.25%
Mortgage Type
Construction
Estimated Equity
$1,691,546

Purchase Details

Closed on
Jan 26, 2016
Sold by
Kernus Mitchell O and Kernus Jean R
Bought by
Lb Spice Bay Llc

Purchase Details

Listed on
Jan 25, 2008
Closed on
Jun 19, 2014
Sold by
Victoria Bay Llc
Bought by
Kernus Mitchell O and Kernus Jean R
Seller's Agent
Klaus Lang
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$450,000
Sold Price
$500,000
Premium/Discount to List
$50,000
11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.69%
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
Baumeister Bryan H $595,000 Title Svcs Of The Gulf Coast
Lb Spice Bay Llc $511,000 Title Services Of The Gulf C
Kernus Mitchell O $500,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baumeister Bryan H $1,664,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Off Market $2,188,000 -- --
09/20/2017 09/20/17 Sold $2,188,000 0.0% $622 / Sq Ft
09/20/2017 09/20/17 Pending -- -- --
09/20/2017 09/20/17 For Sale $2,188,000 +337.6% $622 / Sq Ft
12/14/2015 12/14/15 Off Market $500,000 -- --
06/19/2014 06/19/14 Sold $500,000 +11.1% $162 / Sq Ft
04/23/2014 04/23/14 Pending -- -- --
01/25/2008 01/25/08 For Sale $450,000 -- $146 / 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 $20,207 $1,754,592 -- --
2023 $20,207 $1,703,487 $0 $0
2022 $19,721 $1,653,871 $0 $0
2021 $19,785 $1,605,700 $538,400 $1,067,300
2020 $16,027 $1,234,700 $393,100 $841,600
2019 $5,882 $470,800 $470,800 $0
2018 $6,093 $486,500 $486,500 $0
2017 $5,950 $466,700 $466,700 $0
2016 $5,314 $408,500 $408,500 $0
2015 $6,225 $466,200 $466,200 $0
2014 $5,464 $321,746 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4196633

Stellar MLS

APN: 0110-14-0034