NOT LISTED FOR SALE

Estimated Value: $1,026,000 - $1,865,000

5 Beds
4.5 Baths
4,370 Sq Ft
$368/Sq Ft Est. Value

Last Sold December 29, 2022

Last sale price $1,950,000 $446 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $10,707/month

210 Days on Market

Highlights

  • Parking available for a boat
  • Heated In Ground Pool
  • Gated Community
  • Englewood Elementary School Rated A-
  • Custom Home
  • 1.01 Acre Lot

About This Home

As of December 2022

An immaculate piece of paradise awaits in Lemon Bay Estates, a private, gated community nestled within 220 acres of sprawling nature preserve along the Intracoastal Waterway. Perfectly situated just moments from Manasota Beach and the Gulf of Mexico, the community gates invite you through lush landscaping and lead you to a property that exudes privacy and serenity. Encompassing 4,370 square feet, this elegant estate was built higher than building standards with concrete-filled construction on the first and second floors with Pella impact windows and sliders for peace of mind. The arched entryway welcomes you in through 10-foot imported solid Mahogany doors to the grand foyer with soaring ceilings and breathtaking views from the mezzanine balcony, while travertine marble flooring and stained millwork set the tone of luxury and craftsmanship. A chef’s delight, the gourmet kitchen boasts ample cabinetry, a center island and KitchenAid professional appliances. Retreat to the main-floor master suite, featuring an additional bedroom and spa-like bath with a walk-in shower and separate vanities. Three more bedrooms can be found upstairs, along with a living area that opens to the balcony overlooking the outdoor space and tropical oasis. Rest and relax on the travertine paver deck that surrounds the heated saltwater pool, spa and summer kitchen. Throughout this remarkable residence, exquisite workmanship, beauty and quality are evident both inside and out. Request a special showing of this impeccable property today.

Last Agent to Sell the Property

Keri Allen

PREMIER SOTHEBYS INTL REALTY License #3333363 Listed on: 04/29/2022

PREMIER SOTHEBYS INTL REALTY

Last Buyer's Agent

Marci Carter

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3412796

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,285

Year Built

  • Built in 2008

Lot Details

  • 1.01 Acre Lot
  • Near Conservation Area
  • Street terminates at a dead end
  • South Facing Home
  • Mature Landscaping
  • Corner Lot
  • Oversized Lot
  • Well Sprinkler System
  • Landscaped with Trees
  • Property is zoned RE2

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 5 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway
  • Secured Garage or Parking
  • Open Parking
  • Parking available for a boat
  • Golf Cart Parking

Property Views

  • Garden
  • Park or Greenbelt

Home Design

  • Custom Home
  • Bi-Level Home
  • Slab Foundation
  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,370 Sq Ft Home
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • French Doors
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Formal Dining Room
  • Den
  • Storage Room

Kitchen

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

Flooring

  • Carpet
  • Marble
  • Travertine

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

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

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Saltwater Pool
  • Outdoor Shower
  • Pool Tile
  • Pool Lighting

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Schools

  • Venice Senior High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include escrow reserves fund, insurance, ground maintenance, private road, security
  • Edward Kneubuehl Association, Phone Number (815) 238-1138
  • Lemon Bay Estates Community
  • Lemon Bay Estates Subdivision
  • Rental Restrictions
  • Greenbelt

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,285

Year Built

Built in 2008

Lot Details

0

HOA Fees

$250 per month

Parking

5

Listing Details

  • HOA Fee Includes: Escrow Reserves Fund, Insurance, Maintenance Grounds, Private Road, Security
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: Yes
  • Living Area: 4370
  • Lot Size Acres: 1.01
  • New Construction: No
  • Year Built: 2008
  • Building Area Total: 5917
  • Lot Size Sq Ft: 44113
  • Directions to Property: From State Road 776 West on Manasota Beach Rd-Right on Pheasant Rd-Left on Macon Rd-Right on Osprey Rd-Left on Ocelot to the end and the listing agent will meet you at the gate.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6120976?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6120976?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 2756
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.88677
  • Price per Sq Ft: 446.22
  • Close to Original List Price Ratio: 0.75
  • Ratio: Current Price\Building Area Total: 329.56
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Family Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Marble, Travertine
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Central Vaccum, Crown Molding, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Master Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Window Features: Window Treatments
  • Street Number Modifier: 1330
  • Room Count: 8
  • Additional Rooms: Den/Library/Office, Formal Dining Room Separate, Great Room, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Other Structures: Outdoor Kitchen
  • Pool Features: Heated, In Ground, Lighting, Salt Water, Tile
  • Exterior Features: Balcony, French Doors, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Rain Gutters
  • Roof: Tile
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End
  • View: Garden, Greenbelt
  • Water Body Name: Lemon Bay Estates
  • Waterfront: No
  • Patio and Porch Features: Covered
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 5
  • Garage Yn: Yes
  • Parking Features: Boat, Circular Driveway, Driveway, Garage Door Opener, Garage Faces Side, Golf Cart Parking, Guest, Oversized
  • Covered Parking Spaces: 5
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Fiber Optics, Fire Hydrant, Public, Sprinkler Well, Street Lights, Underground Utilities
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Zoned
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Gated Community
  • Association Amenities: Gated
  • Association Fee: 3000
  • Association Fee Frequency: Annually
  • Association Name: Edward Kneubuehl
  • Phone: 815-238-1138
  • Association: Yes
  • Security: Gated Community, Secured Garage/Parking, Security Gate, Security System, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Email: ekneubuehl@frontier.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 3000
  • Monthly HOA Fee: 250
  • Total Monthly Fees: 250

Schools

  • High School: Venice Senior High

Lot Info

  • Zoning: RE2
  • Parcel Number: 0473050005
  • Additional Parcels: No
  • Lot Features: Conservation Area, Corner Lot, Greenbelt, In County, Oversized Lot
  • Flood Zone Code: AE
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1-2 Years
  • Approval Process: Please see the HOA Documents
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please see the HOA Documents to verify the leasing instructions.

Tax Info

  • Tax Annual Amount: 14285
  • Tax Book Number: 0040/0038
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
Dec 29, 2022
Sold by
Demedici Llc
Bought by
Watkins Eric M and Watkins Robin S
Seller's Agent
Keri Allen
PREMIER SOTHEBYS INTL REALTY
Buyer's Agent
Marci Carter
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$2,299,000
Sold Price
$1,950,000
Premium/Discount to List
-$349,000
-15.18%
Views
33
Current Estimated Value
$1,609,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$340,912
Avg. Annual Appreciation
-3.96%

Purchase Details

Closed on
Jun 30, 2011
Sold by
Occmeds Financial Services Llc
Bought by
Demedici Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2009
Sold by
Casalibra Llc
Bought by
Occmeds Financial Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.92%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 1, 2008
Sold by
M E R C R E D I Inc
Bought by
Casalibra Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.06%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 26, 2006
Sold by
Manasota Properties Inc
Bought by
M E R C R E D I Inc
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
Watkins Eric M $1,950,000 --
Demedici Llc $900,000 Attorney
Occmeds Financial Services Llc $470,001 None Available
Casalibra Llc $1,375,000 Attorney
M E R C R E D I Inc $50,000 Gold Crest Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robertie Paul G $642,000
Previous Owner Demedici Llc $765,000
Previous Owner Occmeds Financial Services Llc $1,500,000
Previous Owner Casalibra Llc $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2022 12/29/22 Sold $1,950,000 -11.3% $446 / Sq Ft
11/26/2022 11/26/22 Pending -- -- --
08/23/2022 08/23/22 Price Changed $2,199,000 -4.3% $503 / Sq Ft
07/15/2022 07/15/22 Price Changed $2,299,000 0.0% $526 / Sq Ft
07/15/2022 07/15/22 For Sale $2,299,000 -4.2% $526 / Sq Ft
06/17/2022 06/17/22 Off Market $2,399,000 -- --
06/16/2022 06/16/22 Price Changed $2,399,000 -4.0% $549 / Sq Ft
05/21/2022 05/21/22 Price Changed $2,499,000 -3.9% $572 / Sq Ft
04/29/2022 04/29/22 For Sale $2,600,000 -- $595 / 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 $18,840 $1,474,800 $209,600 $1,265,200
2023 $18,840 $1,550,100 $201,900 $1,348,200
2022 $17,366 $1,501,700 $197,500 $1,304,200
2021 $14,880 $1,135,400 $191,000 $944,400
2020 $14,001 $1,046,000 $180,900 $865,100
2019 $13,755 $1,032,100 $165,200 $866,900
2018 $13,179 $983,800 $170,800 $813,000
2017 $13,425 $983,300 $168,300 $815,000
2016 $13,494 $973,800 $163,800 $810,000
2015 $12,537 $872,400 $163,800 $708,600
2014 $12,432 $740,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N6120976

Stellar MLS

APN: 0473-05-0005