NOT LISTED FOR SALE

1244 Derby Ln Unit A2 Sarasota, FL 34242

Estimated Value: $2,768,000 - $3,025,000

4 Beds
4.5 Baths
4,043 Sq Ft
$714/Sq Ft Est. Value

Sale Details

Date Sold: December 2, 2020

Last sale price $2,125,000 $526 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $17,693 / mo

101 Days on Market

Highlights

  • 200 Feet of Waterfront
  • White Water Ocean Views
  • Assigned Boat Slip
  • Phillippi Shores Elementary School Rated A
  • Community Boat Dock
  • Water access To Gulf or Ocean To Bay

About This Home

As of December 2020

Built in 2003, this Siesta Key waterfront family compound offers an exceptional lifestyle for the discerning buyer who is searching for effortless luxury, beautiful design, and quality construction - all within an exclusive waterfront enclave of 5 homes. From the moment you enter Derby Lane, you will feel transported by the European-style pavered courtyard beautifully framed by majestic, moss-covered oaks and lush landscaping. This luxurious waterfront home offers amazing views by day of Little Sarasota Bay and the lovely Sarasota skyline by night where every room enjoys panoramic water vistas. The architectural details of this home will delight you with 20’ coffered ceilings, solid 8’ custom wood doors, custom millwork, artistic wrought iron railings, stone columns and balustrades, tiered outdoor spaces and a gorgeous pool and spa overlooking the waterway. The beautifully crafted entry door gives way to the entertaining space that immediately greets you with views of the ultra-private travertine pool deck area and waterfront beyond. The chef’s kitchen is positioned to enjoy a full view of the Bay and is fully equipped with beautiful custom wood cabinetry, stainless steel appliances, stone countertops, built-in Miele coffee maker, electric cooktop (gas is available) and double wall ovens with a convenient food warming drawer. The dining room offers extra-large aquarium windows overlooking the mesmerizing activity along the Bay as the boats pass by and the wildlife plays. Completing the first-floor layout is a private office, powder room, a grand double-height living room with fireplace along with one of the four master suites available in this home. The second floor offers 2 more generous master suites and the third floor offers an amazing mother-in-law suite complete with kitchen, living room with fireplace, master suite, and a covered terrace with water views as far as the eye can see. A private elevator makes every part of this home accessible from your 2.5 car garage to the very top floor. Enjoy the magic of Siesta Key Island life as you fish and boat right from your backyard. Enjoy your deeded beach access by relaxing, shelling and strolling along the crystal white sandy beaches of the world-famous Siesta Key beach. This is a single family home on a land parcel that is organized as a condominium association. The incredibly low fee of $267 per month provides the 5 homeowners with a lovely community pool and maintenance-free landscaping for worry-free enjoyment. Boating, Beach and Beauty are all yours here at this truly unique opportunity to live the coveted Siesta Key lifestyle you’ve been dreaming of!

Last Agent to Sell the Property

Kathleen Comerford

EXP REALTY LLC License #3455404 Listed on: 07/01/2020

Last Buyer's Agent

Robert Ruiz

WILLIAM RAVEIS REAL ESTATE License #3011084

WILLIAM RAVEIS REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,197

Year Built

  • Built in 2003

Lot Details

  • 5,476 Sq Ft Lot
  • 200 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Property fronts a private road
  • Public Beach
  • East Facing Home
  • Mature Landscaping
  • Well Sprinkler System
  • Landscaped with Trees
  • Condo Land Included
  • Property is zoned RMF2

HOA Fees

  • $267 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Open Parking
  • Golf Cart Garage

Property Views

  • White Water Ocean
  • Intracoastal

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Concrete Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,043 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Gas Fireplace
  • Blinds
  • Drapes & Rods
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Breakfast Room
  • Den
  • Bonus Room

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Engineered Wood
  • Bamboo
  • Carpet
  • Marble
  • Travertine

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Saltwater Pool
  • Pool is Self Cleaning
  • Outdoor Shower
  • Pool Alarm
  • Auto Pool Cleaner
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Access To Intracoastal Waterway
  • Deeded access to the beach
  • Property is near a marina
  • Dock has access to water
  • Seawall
  • Minimum Wake Zone
  • Boat Lift
  • Assigned Boat Slip
  • Dock made with wood
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required
  • Property is near public transit

Schools

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

Utilities

  • Central Air
  • Heating System Uses Propane
  • Thermostat
  • Water Filtration System
  • Well
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, insurance, ground maintenance, pool maintenance
  • Derby Bay South Community
  • Derby Bay South Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community
  • Rental Restrictions

Recreation

  • Community Boat Dock
  • Community Boat Slip
  • Community Pool
  • Fishing

Amenities

  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,197

Year Built

Built in 2003

Lot Details

5,476 Sq Ft Lot

HOA Fees

$267 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Insurance, Maintenance Grounds, Pool Maintenance
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 4043
  • Lot Size Acres: 0.13
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 5343
  • Lot Size Sq Ft: 5476
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4470681?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4470681?w=Customer
  • Homestead Y N: Yes
  • Number Of Pets: 10+
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Subdivision Num: 8204
  • Ratio: Close Price\List Price: 0.88912
  • Price per Sq Ft: 525.6
  • Close to Original List Price Ratio: 0.88912
  • Ratio: Current Price\Building Area Total: 397.72
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Family Room, Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Bamboo, Carpet, Engineered Hardwood, Marble, Travertine
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, Eating Space In Kitchen, Elevator, High Ceiling(s), Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Skylight(s), Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range Hood, Refrigerator, Washer, Water Filtration System
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 3
  • Window Features: Blinds, Drapes, Rods, Window Treatments
  • Room Count: 9
  • Additional Rooms: Bonus Room, Breakfast Room Separate, Den/Library/Office, Family Room, Formal Living Room Separate, Interior In-Law Suite

Exterior Features

  • Direction Faces: East
  • Pool Features: Auto Cleaner, Heated, In Ground, Lighting, Pool Alarm, Salt Water, Self Cleaning
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Concrete
  • Pool Private: Yes
  • Road Frontage Type: Private Road
  • View: Water
  • Water Body Name: Little Sarasota Bay
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Front Porch, Rear Porch
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full, Intracoastal Waterway
  • Water Access: Bay/Harbor, Beach - Access Deeded, Beach - Public, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: Assigned Boat Slip, Dock - Wood, Dock w/Electric, Dock w/Water Supply, Lift, Minimum Wake Zone, Sailboat Water, Seawall - Concrete
  • Water View Y N: Yes
  • Number Of Wells: 1
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0143
  • Waterfront Frontage: 200
  • Water Frontage Feet Bay Harbor: 200
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Garage Faces Side, Golf Cart Garage, Golf Cart Parking
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Sprinkler Well, Street Lights, Water Available
  • Cooling: Central Air
  • Heating: Electric, Propane
  • Laundry Features: Inside, Laundry Closet, Laundry Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public, Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fishing, Golf Carts OK, Pool, Water Access, Waterfront
  • Association Amenities: Boat Slip, Boat Dock, Pool
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 800
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 267
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 3200
  • Total Monthly Fees: 266.67

Schools

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

Lot Info

  • Zoning: RMF2
  • Parcel Number: 0106039201
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, Near Marina, Near Public Transit, Sidewalk
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • Zoning Compatible Y N: Yes

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Minimum Lease: 1 Week
  • Approval Process: See Condo Documents
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See Condo Documents

Tax Info

  • Tax Annual Amount: 15196.66
  • Tax Block: 00
  • Tax Book Number: 34-23
  • Tax Lot: 9

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Dec 2, 2020
Sold by
Kvasny Zdenek and Kvasny Valadimira
Bought by
Hansen John R
Seller's Agent
Kathleen Comerford
EXP REALTY LLC
Buyer's Agent
Robert Ruiz
WILLIAM RAVEIS REAL ESTATE
List Price
$2,390,000
Sold Price
$2,125,000
Premium/Discount to List
-$265,000
-11.09%
Current Estimated Value
$2,887,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$762,273
Avg. Annual Appreciation
5.79%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hansen John R $2,125,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2020 12/02/20 Sold $2,125,000 -11.1% $526 / Sq Ft
10/04/2020 10/04/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $2,390,000 0.0% $591 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $2,390,000 -- $591 / Sq Ft
Source: Stellar MLS

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 $24,143 $2,119,929 -- --
2024 $23,486 $2,060,184 -- --
2023 $23,486 $2,000,179 $0 $0
2022 $20,123 $1,699,397 $0 $0
2021 $20,282 $1,649,900 $0 $1,649,900
2020 $15,428 $1,225,900 $0 $1,225,900
2019 $15,197 $1,214,304 $0 $0
2018 $14,928 $1,191,662 $0 $0
2017 $14,875 $1,167,152 $0 $0
2016 $14,886 $1,473,600 $0 $1,473,600
2015 $15,174 $1,441,000 $0 $1,441,000
2014 $15,125 $1,109,547 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4470681

Stellar MLS

APN: 0106-03-9201

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