NOT LISTED FOR SALE

1261 Riegels Landing Dr Sarasota, FL 34242

Estimated Value: $2,182,000 - $2,963,593

4 Beds
4.5 Baths
4,253 Sq Ft
$591/Sq Ft Est. Value

Last Sold May 28, 2015

Last sale price $1,150,000 $270 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $14,514/month

961 Days on Market

Highlights

  • 78 Feet of Waterfront
  • Access To Intracoastal Waterway
  • Private Pool
  • Phillippi Shores Elementary School Rated A
  • Intracoastal View
  • Dumbwaiter

About This Home

As of May 2015

Motivated Seller-all reasonable offers considered. Outstanding first-time available waterfront 4 bedroom/4.5 bath create a haven of unrivaled comfort and style, yet suited for family living and entertaining. Professionally designed kitchen with granite counters, a walk-in pantry, center island with a sink, and a breakfast nook overlooking the Intracoastal Waterway and the boat basin. You'll particularly enjoy the master bedroom overlooking the Intracoastal Waterway, his and hers walk-in closets, a 185 gallon indoor Jacuzzi tub, and his and hers granite sinks in the master bath. Cathedral ceilings on the second floor in both the front and rear of the home. The home boasts a 45 foot fishing pier in the rear of the home and a 45 foot boat dock in the front which is currently revenue producing. 38 foot longpool that is situated right on the intracoastal for relaxing by the pool!

Last Agent to Sell the Property

Jennifer Patterson

ANCHORED REALTY INC License #3447621 Listed on: 09/21/2012

Last Buyer's Agent

Scott Schuhriemen

BRIGHT REALTY License #3215078

BRIGHT REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,036

Year Built

  • Built in 1982

Lot Details

  • 8,950 Sq Ft Lot
  • 78 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Property fronts a private road
  • Property is zoned RSF3

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 4,253 Sq Ft Home
  • Bar Fridge
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Intracoastal Views
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Dumbwaiter
  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Pool

  • Private Pool
  • Spa

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Access To Intracoastal Waterway
  • Flood Zone Lot

Community Details

  • Riegels Landing Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Homestead Exemption
  • Tax Lot 26
  • Assessor Parcel Number 0105040005

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,036

Year Built

Built in 1982

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Wood Frame
  • Fireplace: Yes
  • Living Area: 4253
  • Lot Size Acres: 0.21
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 4733
  • Lot Size Sq Ft: 8950
  • Directions to Property: From Stickney Point and Midnight Pass, head north on Midnight Pass. Bear right continuing on Midnight Pass at the light for Beach Rd. Riegel's Landing will be on the right shortly after the light. Proceed through the gate and stay on Riegel's Landing.
  • Status: Sold
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 2095
  • Ratio: Close Price\List Price: 0.7192
  • Price per Sq Ft: 270.4
  • Close to Original List Price Ratio: 0.42672
  • Ratio: Current Price\Building Area Total: 242.97
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Appraiser
  • Tax Year: 2014
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Attic, Cathedral Ceiling(s), Ceiling Fans(s), Central Vaccum, Dumbwaiter, Solid Wood Cabinets, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Spa Yn: Yes
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 1261
  • Room Count: 8
  • Additional Rooms: Attic
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Metal
  • Pool Private: Yes
  • Road Frontage Type: Private Road
  • View: Water
  • Water Body Name: Intracoastal Waterway
  • Waterfront: Yes
  • Water View: Intracoastal Waterway
  • Water Access: Intracoastal Waterway
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 78

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 300
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Smoke Detector(s)
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1200
  • Monthly HOA Fee: 100
  • Total Monthly Fees: 100

Schools

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

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0105040005
  • Additional Parcels: No
  • Lot Features: FloodZone, In County
  • Millage Rate: 13.36
  • Future Land Use: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 8036
  • Tax Book Number: 0027/0019
  • Tax Lot: 26

Multi Family

  • Waterfront Features: Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2020
Sold by
Trotsky Steven M and Trotsky Rebecca S
Bought by
Trotsky Steven M and Trotsky Rebecca S
Current Estimated Value
$2,513,398

Purchase Details

Listed on
Sep 21, 2012
Closed on
May 28, 2015
Sold by
Schuhriemen Joseph W and Schuhriemen Patricia A
Bought by
The Steven M Trostky Trust 2009 and Imbriani Joseph G
Seller's Agent
Jennifer Patterson
ANCHORED REALTY INC
Buyer's Agent
Scott Schuhriemen
BRIGHT REALTY
List Price
$1,650,000
Sold Price
$1,150,000
Premium/Discount to List
-$500,000
-30.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.79%

Purchase Details

Closed on
Mar 22, 2005
Sold by
Schuhriemen Joseph W and Schuhriemen Patricia A
Bought by
Schuhriemen Joseph W and Schuhrirmen Patricia A
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
Trotsky Steven M -- Attorney
The Steven M Trostky Trust 2009 $1,150,000 Attorney
Schuhriemen Joseph W -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2015 05/28/15 Sold $1,150,000 -28.1% $270 / Sq Ft
05/11/2015 05/11/15 Pending -- -- --
04/09/2015 04/09/15 Price Changed $1,599,000 -3.1% $376 / Sq Ft
12/10/2014 12/10/14 Price Changed $1,650,000 0.0% $388 / Sq Ft
12/10/2014 12/10/14 For Sale $1,650,000 -2.9% $388 / Sq Ft
11/09/2014 11/09/14 Pending -- -- --
07/15/2014 07/15/14 Price Changed $1,699,000 -5.6% $399 / Sq Ft
07/01/2014 07/01/14 For Sale $1,799,000 +56.4% $423 / Sq Ft
07/01/2014 07/01/14 Off Market $1,150,000 -- --
04/02/2014 04/02/14 Price Changed $1,799,000 -5.3% $423 / Sq Ft
04/01/2014 04/01/14 For Sale $1,899,999 +65.2% $447 / Sq Ft
04/01/2014 04/01/14 Off Market $1,150,000 -- --
02/10/2014 02/10/14 Price Changed $1,899,999 -5.0% $447 / Sq Ft
01/14/2014 01/14/14 For Sale $1,999,000 +73.8% $470 / Sq Ft
12/31/2013 12/31/13 Off Market $1,150,000 -- --
10/25/2013 10/25/13 Price Changed $1,999,000 -4.6% $470 / Sq Ft
09/10/2013 09/10/13 Price Changed $2,095,000 -4.6% $493 / Sq Ft
05/24/2013 05/24/13 Price Changed $2,195,000 -2.4% $516 / Sq Ft
03/25/2013 03/25/13 Price Changed $2,249,000 -6.3% $529 / Sq Ft
01/29/2013 01/29/13 Price Changed $2,399,000 -3.8% $564 / Sq Ft
11/27/2012 11/27/12 Price Changed $2,495,000 -5.7% $587 / Sq Ft
09/21/2012 09/21/12 For Sale $2,645,000 -- $622 / 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 $14,789 $1,289,077 -- --
2023 $14,789 $1,251,531 $0 $0
2022 $14,453 $1,215,079 $0 $0
2021 $14,473 $1,179,688 $0 $0
2020 $14,575 $1,163,400 $820,300 $343,100
2019 $16,855 $1,353,700 $1,011,700 $342,000
2018 $18,152 $1,420,500 $1,070,900 $349,600
2017 $18,153 $1,395,800 $1,013,900 $381,900
2016 $17,680 $1,323,400 $970,600 $352,800
2015 $8,063 $1,365,700 $1,082,800 $282,900
2014 -- $586,818 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3966174

Stellar MLS

APN: 0105-04-0005