NOT LISTED FOR SALE

1207 Sharswood Ln Sarasota, FL 34242

Estimated Value: $3,023,016 - $3,503,000

3 Beds
4 Baths
3,235 Sq Ft
$1,030/Sq Ft Est. Value

Last Sold November 02, 2020

Last sale price $2,235,000 $691 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $21,073/month

312 Days on Market

Highlights

  • Waterfront Community
  • Boat Slip Deeded Off-Site
  • Heated Spa
  • Phillippi Shores Elementary School Rated A
  • Access To Intracoastal Waterway
  • Gated Community

About This Home

As of November 2020

Located in Spice Bay on Siesta Key---a premier gated Intracoastal community. Upon entering the home's estate-sized mahogany door you will be WOWED by a wall of glass sliders welcoming you to ultimate SINGLE FLOOR indoor/outdoor living with exquisite views of coastal landscaping. The extended rear courtyard & lanai with DESIRED SOUTHERN EXPOSURE, provides PRIVACY as you enjoy your morning coffee, evening cocktail with friends or indulging in a therapeutic spa. Abundance of NATURAL LIGHT, handsomely designed with HANDCRAFTED DETAILS, WELL APPOINTED & BAREFOOT ELEGANT this sophisticated residence features: Level 5+ finishes throughout; wide plank oil wood flooring; a master suite with an adjoining master den/study & sumptuous Spa-like Bath; two generously sized ensuite bedrooms (+) flex/office; custom closets & built-ins; oversized Three Car Tandem Garage & DEEP WATER BOAT DOCK with 13,000# LIFT. Meal Prep in style in the gourmet chef's kitchen designed with entertaining in mind: 6 gas burner range; steam oven; large walk-in pantry & two dishwashers. Spice Bay is Convenient, yet Secluded Island Neighborhood comprised of 14 estate-sized homesites...WALK TO BEACHES, STORES & RESTAURANTS. Spend your days boating or soaking up sun/fun in the "baby powder" quartz sands of Top Rated Siesta Key Beach & your evenings engaging the incredible arts & dining experiences of downtown Sarasota! --FEATURED ON ABC "SUNCOAST VIEW", Luxury Living, Custom Built by Award Winning Builder Ryan Perrone, Nautilus Homes.

Last Agent to Sell the Property

Michael A Martino

KELLER WILLIAMS ON THE WATER S License #3276909 Listed on: 11/25/2019

KELLER WILLIAMS ON THE WATER S

Last Buyer's Agent

Jennifer Thompson

WILLIAM RAVEIS REAL ESTATE License #3276423

WILLIAM RAVEIS REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,470

Year Built

  • Built in 2014

Lot Details

  • 0.35 Acre Lot
  • North Facing Home
  • Irrigation
  • Property is zoned RSF1

HOA Fees

  • $368 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Slab Foundation
  • Fiber Cement Roof
  • Stucco

Interior Spaces

  • 3,235 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Bar Fridge
  • Crown Molding
  • High Ceiling
  • French Doors
  • Sliding Doors
  • Combination Dining and Living Room
  • In Wall Pest System

Kitchen

  • Built-In Oven
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Engineered Wood
  • Porcelain Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated Spa
  • Private Pool
  • Above Ground Spa
  • Outdoor Shower

Outdoor Features

  • Access To Intracoastal Waterway
  • Fishing Pier
  • Dock has access to water
  • Boat Slip Deeded Off-Site
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Humidity Control
  • Zoned Heating and Cooling
  • Propane
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, private road, water
  • Wisdom Community Management/ Julie Trimpe Association, Phone Number (941) 356-4688
  • Built by Nautilus
  • Spice Bay Community
  • Spice Bay Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Waterfront Community

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,470

Year Built

Built in 2014

Lot Details

0

HOA Fees

$368 per month

Parking

3

Listing Details

  • HOA Fee Includes: Common Area Taxes, Private Road, Water
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 3235
  • Lot Size Acres: 0.35
  • New Construction: No
  • Year Built: 2014
  • Lot Size Sq Ft: 15428
  • Directions to Property: Turn Left about a mile south of stickney/midnight pass intersection into Spice Bay community; second house on right hand side
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4452414?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4452414?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.89579
  • Price per Sq Ft: 690.88
  • Close to Original List Price Ratio: 0.89579
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Engineered Hardwood, Porcelain Tile
  • Full Bathrooms: 4
  • Interior Amenities: Crown Molding, High Ceiling(s), In Wall Pest System, Living Room/Dining Room Combo, Open Floorplan, Walk-In Closet(s)
  • Appliances Included: Bar Fridge, Built-In Oven, Dishwasher, Disposal, Dryer, Exhaust Fan, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Above Ground, Heated
  • Spa Yn: Yes
  • Stories: 1
  • Street Number Modifier: 1207
  • Room Count: 10
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Exterior Features: French Doors, Irrigation System, Lighting, Outdoor Kitchen, Outdoor Shower, Sliding Doors, Storage
  • Roof: Cement
  • Pool Private: Yes
  • Waterfront: No
  • Water Access: Intracoastal Waterway
  • Water Extras: Dock - Slip Deeded Off-Site, Dock w/Electric, Dock w/Water Supply, Fishing Pier
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Additional Water Information: deeded dock within Spice Bay community: deep water, 13k boat lift

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Propane, Public, Sewer Connected
  • Cooling: Central Air, Humidity Control, Zoned
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Canal/Lake For Irrigation, Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community, Sidewalk, Water Access, Waterfront
  • Association Fee: 1105.25
  • Association Fee Frequency: Quarterly
  • Association Name: Wisdom Community Management/ Julie Trimpe
  • Phone: 941-356-4688
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 4421
  • Monthly HOA Fee: 368.42
  • Total Monthly Fees: 368.42

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0110140033
  • Additional Parcels: No
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Nautilus

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1-2 Years
  • Approval Process: refer to HOA docs
  • Pet Restrictions: refer to HOA docs
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: refer to HOA docs

Tax Info

  • Tax Annual Amount: 14469.5
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2019
Closed on
Nov 2, 2020
Sold by
Elliott Jeffrey A
Bought by
Ruscilli Robert A and Ruscilli Katrina J
Seller's Agent
Michael A Martino
KELLER WILLIAMS ON THE WATER S
Buyer's Agent
Jennifer Thompson
WILLIAM RAVEIS REAL ESTATE
List Price
$2,495,000
Sold Price
$2,235,000
Premium/Discount to List
-$260,000
-10.42%
Current Estimated Value
$3,331,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,096,754
Avg. Annual Appreciation
9.67%
Original Mortgage
$1,788,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2012
Sold by
Perrone Construction Incorporated
Bought by
Elliott Jeffrey A

Purchase Details

Closed on
Mar 11, 2011
Sold by
Victoria Bay Llc
Bought by
Perrone Construction Incorporated

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
4.76%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Ruscilli Robert A $2,235,000 Attorney
Elliott Jeffrey A $565,000 Attorney
Perrone Construction Incorporated $475,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruscilli Robert A $1,765,000
Closed Ruscilli Robert A $1,788,000
Previous Owner Elliott Jeffrey $200,000
Previous Owner Perrone Construction Incorporated $332,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2020 11/02/20 Sold $2,235,000 -10.4% $691 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
11/25/2019 11/25/19 For Sale $2,495,000 -- $771 / 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 $30,610 $2,502,014 -- --
2023 $30,610 $2,829,600 $993,200 $1,836,400
2022 $28,395 $2,619,400 $952,200 $1,667,200
2021 $23,528 $1,879,800 $648,100 $1,231,700
2020 $16,040 $1,239,000 $498,500 $740,500
2019 $14,470 $1,156,257 $0 $0
2018 $14,209 $1,134,698 $0 $0
2017 $14,158 $1,111,359 $0 $0
2016 $13,863 $1,088,500 $505,100 $583,400
2015 $15,359 $1,137,500 $539,400 $598,100
2014 $6,911 $465,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4452414

Stellar MLS

APN: 0110-14-0033