NOT LISTED FOR SALE

1209 Tree Bay Ln Sarasota, FL 34242

Estimated Value: $1,833,000 - $3,226,000

4 Beds
3.5 Baths
2,852 Sq Ft
$786/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $1,510,000 $529 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $12,233/month

53 Days on Market

Highlights

  • Guest House
  • Water Access
  • View of Trees or Woods
  • Phillippi Shores Elementary School Rated A
  • Heated In Ground Pool
  • Open Floorplan

About This Home

As of May 2021

A uniquely enchanting setting for private living and entertaining on Siesta Key. This grand courtyard pool home with a guesthouse and deeded beach access will soon become your haven for peaceful relaxation. Custom-built by Lee Wetherington, the iron-gated entry sets the tone for the entire residence, classic elegance blended with casual beach living. This superb home transitions effortlessly from the 2600-square-feet of open-air courtyard to the interior flooding with natural light through multiple sliding glass doors and windows. The main house offers three bedrooms, two-and-a-half-baths, plus a one-bedroom and one-bath guesthouse. The open floorplan overlooks the courtyard and features a centrally located island kitchen with a natural gas range, dual sinks, stone countertops, stainless steel appliances, breakfast bar, planning desk, generous counter space and storage for preparing fabulous meals. The floorplan flows easily into the breakfast room and great room, anchored by a fireplace and an intimate dining room for memorable meals. Two guest bedrooms, full bath, half-bath (doubles as the pool bath) and full laundry room complete the main floor. Halfway up the staircase is the landing and entry to the expansive master suite that features a luxurious master bath and balcony overlooking the pool and courtyard. A separate guesthouse with a private entrance, full bath, partial kitchen and separate garage for overnight guests is across the private courtyard, offering an idyllic spot for sunning, swimming and wonderful alfresco dining. Additional highlights include a heated pool and spa, outdoor shower, pool bath entry, circular paver driveway and a split three-car garage. A nearby bayfront marina will delight boaters with quick water access to Sarasota Bay, the community's deeded beach access on the neighborhood's Gulf side allows easy access to watch Siesta Key’s colorful sunsets each evening over the Gulf of Mexico. Nearby, Turtle Beach offers public boat ramps for boating, paddleboarding and kayaking. Enjoy the shops and restaurants of South Siesta Village, or over the Stickney Point Bridge with easy access to mainland Sarasota’s many amenities just minutes away.

Last Agent to Sell the Property

Judie Berger

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0671663 Listed on: 04/10/2021

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Raffilena Hamilton

GOOD LIFE REALTY LLC License #3190826

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,608

Year Built

  • Built in 1996

Lot Details

  • 0.25 Acre Lot
  • Property fronts a private road
  • Street terminates at a dead end
  • South Facing Home
  • Mature Landscaping
  • Irrigation
  • Street paved with bricks
  • Property is zoned SKOD

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Split Garage
  • Garage Door Opener
  • Circular Driveway
  • Open Parking

Property Views

  • Woods
  • Pool

Home Design

  • Spanish Architecture
  • Bi-Level Home
  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,852 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Dry Bar
  • Coffered Ceiling
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Inside Utility

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Outdoor Shower
  • Outside Bathroom Access

Outdoor Features

  • Water Access
  • Deeded access to the beach
  • Balcony
  • Patio
  • Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Thermostat
  • Natural Gas Connected
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Guest House
  • Flood Zone Lot

Community Details

  • Association fees include private road
  • Tortoise Estates Association, Kathy Brown, Treas. Association, Phone Number (513) 319-4821
  • 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

$11,608

Year Built

Built in 1996

Lot Details

0

HOA Fees

$21 per month

Parking

3

Listing Details

  • HOA Fee Includes: Private Road
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Block, Concrete, Stucco, Wood Frame
  • Fireplace: Yes
  • Living Area: 2852
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1996
  • Building Area Total: 5358
  • Lot Size Sq Ft: 11035
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4492712?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4492712?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 1955
  • Call Center Phone Number: 941-346-7454
  • Ratio: Close Price\List Price: 1.07934
  • Price per Sq Ft: 529.45
  • Close to Original List Price Ratio: 1.07934
  • Ratio: Current Price\Building Area Total: 281.82
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Coffered Ceiling(s), Dry Bar, High Ceiling(s), Kitchen/Family Room Combo, Open Floorplan, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Window Features: Blinds
  • Room Count: 11
  • Additional Rooms: Breakfast Room Separate, Formal Dining Room Separate, Great Room, Inside Utility, Interior In-Law Suite

Exterior Features

  • Direction Faces: South
  • Other Structures: Guest House
  • Pool Features: Gunite, Heated, In Ground, Outside Bath Access
  • Exterior Features: Balcony, Irrigation System, Outdoor Shower, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End, Private Road
  • View: Pool, Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Patio, Porch
  • Road Surface Type: Street Brick
  • Water Access: Beach - Access Deeded
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0207F
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage Door Opener, Split Garage
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Connected
  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Zoned
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Association Name: Tortoise Estates Association, Kathy Brown, Treas.
  • Phone: 513-319-4821
  • Association: Yes
  • Security: Security Gate, Security System, Smoke Detector(s)
  • Senior Community: No
  • Association Email: kathy@mb-advisory.com
  • Complex Community Name NCCB: TORTOISE ESTATES
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 250
  • Monthly HOA Fee: 20.83
  • Total Monthly Fees: 20.83

Schools

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

Lot Info

  • Zoning: SKOD
  • Parcel Number: 0129090024
  • Additional Parcels: No
  • Lot Features: FloodZone, In County
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Num Timesper Year: 12
  • Pet Restrictions: See Sarasota County restrictions and community bylaws.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See Sarasota County restrictions and community bylaws.

Tax Info

  • Tax Annual Amount: 11608.32
  • Tax Book Number: 24/28
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2021
Closed on
May 27, 2021
Sold by
Ogren Dawn M and Ogren Mark J
Bought by
Jacobs David C and Jacobs Brenda L
Seller's Agent
Judie Berger
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Raffilena Hamilton
GOOD LIFE REALTY LLC
List Price
$1,399,000
Sold Price
$1,510,000
Premium/Discount to List
$111,000
7.93%
Current Estimated Value
$1,996,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$486,018
Avg. Annual Appreciation
9.08%
Original Mortgage
$1,035,000
Outstanding Balance
$928,589
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$1,311,735

Purchase Details

Closed on
Mar 8, 2012
Sold by
Ogren Mark J and Ogren Dawn M
Bought by
Ogren Dawn M and Ogren Mark J

Purchase Details

Closed on
Sep 29, 2005
Sold by
Krause Harald and Krause Christine
Bought by
Ogren Mark J and Ogren Dawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 1994
Sold by
Wintermute J Lee and Wintermute Patricia E
Bought by
Krause Harald and Krause Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.53%
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
Jacobs David C $1,510,000 Attorney
Ogren Dawn M -- None Available
Ogren Mark J $1,150,000 --
Krause Harald $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobs David C $1,035,000
Previous Owner Ogren Mark J $862,500
Previous Owner Krause Harald $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2021 05/28/21 Sold $1,510,000 +7.9% $529 / Sq Ft
04/13/2021 04/13/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $1,399,000 -- $491 / 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 $20,539 $1,503,100 $586,000 $917,100
2024 $18,813 $1,664,707 -- --
2023 $18,813 $1,656,400 $575,900 $1,080,500
2022 $16,056 $1,306,700 $405,700 $901,000
2021 $11,944 $930,800 $264,800 $666,000
2020 $11,608 $884,500 $245,700 $638,800
2019 $12,935 $997,700 $296,000 $701,700
2018 $12,365 $951,600 $296,000 $655,600
2017 $12,405 $938,100 $272,700 $665,400
2016 $11,898 $874,500 $270,000 $604,500
2015 $11,703 $845,500 $244,900 $600,600
2014 $10,593 $749,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4492712

Stellar MLS

APN: 0129-09-0024