Seller's Agent in 2020
Joel Schemmel
DOUGLAS ELLIMAN
(941) 587-4894
34 in this area
342 Total Sales
1255 N Basin Ln Sarasota, FL 34242
Estimated Value: $3,986,000 - $4,828,000
4
Beds
4
Baths
4,545
Sq Ft
$975/Sq Ft
Est. Value
Highlights
- 450 Feet of Waterfront
- Marina
- Access To Intracoastal Waterway
- Phillippi Shores Elementary School Rated A
- White Water Ocean Views
- Boat Slip Deeded
About This Home
As of October 2020Offering one of the area’s most coveted lifestyles, this bayfront residence rests on one of the most magnificent lots available on world-renowned Siesta Key. Uniquely situated at the end of a private street that is part of the Sanderling Club, this gated property encompasses over 1.2 acres directly on the water with more than 175 feet on the bay and over 275 canal front feet along its southern boundary. As you enter the gates you are treated to perfectly manicured grounds highlighted by mature Oaks that draw you to the home itself which exudes a casual coastal style. The backyard is an oasis and has been transformed by the current owners to include a rectangular heated pool and spa, firepit, beach area and oversized tiki hut that spans almost the length of the home. The adjacent screened room and Florida room further enhance the indoor/outdoor feel of this residence. Multiple entertaining spaces featuring classic Florida finishes and plenty of room for family and guests make this home a near-perfect family home or island getaway. The extra-long boat dock with two lifts and floating dock caters to the watersport’s enthusiasts and the onsite shed is the perfect place for storing kayaks, canoes, fishing gear or whatever your interests may be. This property is truly extraordinary on its own, but as part of the Sanderling Club lifestyle, it offers a beach club, tennis courts, Paul Rudolph designed beach cabanas, children’s playground, and beach volleyball court. Begin living your dream lifestyle today.
Last Agent to Sell the Property
DOUGLAS ELLIMAN License #3060476 Listed on: 02/04/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,324
Year Built
- Built in 1951
Lot Details
- 1.21 Acre Lot
- 450 Feet of Waterfront
- Property fronts an intracoastal waterway
- Property Fronts a Bay or Harbor
- Property fronts a saltwater canal
- West Facing Home
- Mature Landscaping
- Oversized Lot
- Well Sprinkler System
- Landscaped with Trees
- Property is zoned RE2
HOA Fees
- $267 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Circular Driveway
- Guest Parking
- Open Parking
Property Views
- White Water Ocean
- Intracoastal
- Woods
- Canal
- Pool
Home Design
- Custom Home
- Bi-Level Home
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Membrane Roofing
- Wood Siding
- Block Exterior
Interior Spaces
- 4,545 Sq Ft Home
- Open Floorplan
- Ceiling Fan
- Wood Burning Fireplace
- Gas Fireplace
- Blinds
- Sliding Doors
- Family Room with Fireplace
- Great Room
- Living Room with Fireplace
- Combination Dining and Living Room
- Bonus Room
- Sun or Florida Room
- Inside Utility
Kitchen
- Built-In Oven
- Cooktop
- Recirculated Exhaust Fan
- Microwave
- Freezer
- Dishwasher
- Solid Surface Countertops
- Solid Wood Cabinet
- Disposal
Flooring
- Wood
- Brick
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- 4 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Security Lights
- Security Gate
- Fire and Smoke Detector
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
Outdoor Features
- Access To Intracoastal Waterway
- Access to Bay or Harbor
- No Fixed Bridges
- Access to Saltwater Canal
- Dock has access to water
- Seawall
- Boat Lift
- Boat Slip Deeded
- Covered Patio or Porch
- Outdoor Storage
- Rain Gutters
Location
- Flood Zone Lot
Schools
- Phillippi Shores Elementary School
- Brookside Middle School
- Sarasota High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Propane
- Thermostat
- Propane
- Gas Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Down Payment Assistance Available
- Homestead Exemption
- Visit Down Payment Resource Website
- Tax Lot 1
- Assessor Parcel Number 0110040026
Community Details
Overview
- The Sanderling Club/Teri Masters Association
- Sanderling Club Community
- Sanderling Club Subdivision
- Association Owns Recreation Facilities
- Rental Restrictions
Recreation
- Marina
- Tennis Courts
- Recreation Facilities
- Fishing
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 4, 2020
Closed on
Oct 27, 2020
Sold by
Christensen Stuart and Christensen Amy
Bought by
Joseph Larry G and Joseph Cheryl A
Seller's Agent
Joel Schemmel
DOUGLAS ELLIMAN
Buyer's Agent
Steve Abbe
COLDWELL BANKER REALTY
List Price
$3,500,000
Sold Price
$3,250,000
Premium/Discount to List
-$250,000
-7.14%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,181,782
Avg. Annual Appreciation
6.52%
Original Mortgage
$2,112,500
Outstanding Balance
$1,879,825
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$2,551,957
Purchase Details
Listed on
Oct 9, 2012
Closed on
Mar 28, 2014
Sold by
Mcpheeters Hugh and Mcpheeters Charlotte B
Bought by
Christensen Stuart and Christensen Amy
Seller's Agent
Betsy De Manio
COLDWELL BANKER REALTY
Buyer's Agent
Joel Schemmel
DOUGLAS ELLIMAN
List Price
$1,995,000
Sold Price
$1,900,000
Premium/Discount to List
-$95,000
-4.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Joseph Larry G | $3,250,000 | Attorney | |
| Christensen Stuart | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Joseph Larry G | $2,112,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/30/2020 10/30/20 | Sold | $3,250,000 | -7.1% | $715 / Sq Ft |
| 07/15/2020 07/15/20 | Pending | -- | -- | -- |
| 06/24/2020 06/24/20 | For Sale | $3,500,000 | 0.0% | $770 / Sq Ft |
| 06/09/2020 06/09/20 | Pending | -- | -- | -- |
| 02/03/2020 02/03/20 | For Sale | $3,500,000 | +84.2% | $770 / Sq Ft |
| 03/28/2014 03/28/14 | Sold | $1,900,000 | 0.0% | $418 / Sq Ft |
| 08/14/2013 08/14/13 | Pending | -- | -- | -- |
| 08/13/2013 08/13/13 | Off Market | $1,900,000 | -- | -- |
| 08/12/2013 08/12/13 | For Sale | $1,995,000 | +5.0% | $439 / Sq Ft |
| 07/11/2013 07/11/13 | Off Market | $1,900,000 | -- | -- |
| 06/10/2013 06/10/13 | For Sale | $1,995,000 | 0.0% | $439 / Sq Ft |
| 05/17/2013 05/17/13 | Pending | -- | -- | -- |
| 04/18/2013 04/18/13 | For Sale | $1,995,000 | +5.0% | $439 / Sq Ft |
| 03/21/2013 03/21/13 | Off Market | $1,900,000 | -- | -- |
| 01/16/2013 01/16/13 | For Sale | $1,995,000 | +5.0% | $439 / Sq Ft |
| 01/01/2013 01/01/13 | Off Market | $1,900,000 | -- | -- |
| 10/09/2012 10/09/12 | For Sale | $1,995,000 | -- | $439 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $35,096 | $3,062,510 | -- | -- |
| 2023 | $35,096 | $2,973,311 | $0 | $0 |
| 2022 | $34,382 | $2,886,710 | $0 | $0 |
| 2021 | $33,371 | $2,707,000 | $2,232,100 | $474,900 |
| 2020 | $19,871 | $1,566,640 | $0 | $0 |
| 2019 | $19,324 | $1,531,417 | $0 | $0 |
| 2018 | $18,988 | $1,502,863 | $0 | $0 |
| 2017 | $18,922 | $1,471,952 | $0 | $0 |
| 2016 | $18,891 | $3,029,500 | $2,713,500 | $316,000 |
| 2015 | $19,256 | $1,807,700 | $1,468,500 | $339,200 |
| 2014 | $13,040 | $943,835 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Joel Schemmel
-
Steve Abbe
Buyer's Agent in 2020
Steve Abbe
COLDWELL BANKER REALTY
(941) 400-3969
10 in this area
350 Total Sales
-
Betsy De Manio
Seller's Agent in 2014
Betsy De Manio
COLDWELL BANKER REALTY
(941) 914-5540
28 in this area
71 Total Sales
Map
Source: Stellar MLS
MLS Number: A4456948
APN: 0110-04-0026
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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