NOT LISTED FOR SALE

1421 N Lake Shore Dr Sarasota, FL 34231

South Sarasota Neighborhood

Estimated Value: $3,475,000 - $4,243,405

3 Beds
2 Baths
2,427 Sq Ft
$1,541/Sq Ft Est. Value

Last Sold May 26, 2020

Last sale price $505,000 $208 Per Sq Ft

Est. 640% increase in value since last sale

Current estimated payment $23,302/month

27 Days on Market

Highlights

  • Oak Trees
  • In Ground Pool
  • Open Floorplan
  • Phillippi Shores Elementary School Rated A
  • View of Trees or Woods
  • Family Room with Fireplace

About This Home

As of May 2020

Prime West of Trail single family home (buildable lot) located in the Oyster Bay Estates subdivision. Lot dimensions are 100' x 150' (.34 acre) Major renovation required to update this 1959 3BR/2BA wood frame home. Suggested best use is as teardown/demo and build new in highly desirable Oyster Bay Estates. Beautiful oak canopy could provide ideal setting for modern/updated home. Great location close to Little Sarasota Bay/Intracoastal, Siesta Key beaches. Southside Village, Morton's Market, Publix, Sarasota Memorial Hospital. Survey Available. Sold as-is with right to inspect.

Last Agent to Sell the Property

Janet Walter

MICHAEL SAUNDERS & COMPANY License #3018579 Listed on: 03/27/2020

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Janet Walter

MICHAEL SAUNDERS & COMPANY License #3018579 Listed on: 03/27/2020

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,307

Year Built

  • Built in 1959

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150
  • Street terminates at a dead end
  • South Facing Home
  • Mature Landscaping
  • Level Lot
  • Oak Trees
  • Property is zoned RSF1

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Woods
  • Pool

Home Design

  • Traditional Architecture
  • Florida Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Built-Up Roof
  • Wood Siding

Interior Spaces

  • 2,427 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Drapes & Rods
  • Family Room with Fireplace
  • Great Room
  • Combination Dining and Living Room
  • Inside Utility
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Porcelain Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Pool Lighting

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Oyster Bay Estates Community
  • Oyster Bay Estates Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,307

Year Built

Built in 1959

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida, Traditional
  • Construction Materials: Wood Frame, Wood Siding
  • Fireplace: Yes
  • Living Area: 2427
  • Lot Size Acres: 0.34
  • New Construction: No
  • Year Built: 1959
  • Building Area Total: 3603
  • Lot Size Sq Ft: 15000
  • Directions to Property: US 41 south to right on N. Lake Shore Drive, bear right to stay on N Lake Shore Drive. House will be on the right.
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4464087?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4464087?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.84307
  • Price per Sq Ft: 208.08
  • Close to Original List Price Ratio: 0.84307
  • Ratio: Current Price\Building Area Total: 140.16
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Fireplace Features: Family Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Porcelain Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built in Features, Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Drapes
  • Street Number Modifier: 1421
  • Room Count: 9
  • Additional Rooms: Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Pool Features: In Ground, Lighting
  • Exterior Features: Other
  • Roof: Built-Up, Shingle
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End
  • View: Pool, Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Patio, Rear Porch
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 0141F
  • Disclosures: Lead Paint

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Optional
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 150
  • Monthly HOA Fee: 12.5
  • Total Monthly Fees: 12.5

Schools

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

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0077020021
  • Additional Parcels: No
  • Lot Features: Level
  • Lot Dimensions: 100x150
  • Flood Zone Code: AE
  • Flood Zone Date: 2020-03-23
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Num Timesper Year: 12
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: 1 mo min rentals, twelve times per year.

Tax Info

  • Tax Annual Amount: 4307.14
  • Tax Block: A
  • Tax Book Number: 5-79
  • Tax Lot: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2021
Sold by
Schroeter Mariyn
Bought by
Platinum Coast Investments Llc
Current Estimated Value
$3,739,135

Purchase Details

Listed on
Mar 27, 2020
Closed on
May 26, 2020
Sold by
Babcock Peter G and Donald G Kaiser Trust
Bought by
Platinum Coast Investments Llc
Seller's Agent
Janet Walter
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Janet Walter
MICHAEL SAUNDERS & COMPANY
List Price
$599,000
Sold Price
$505,000
Premium/Discount to List
-$94,000
-15.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.82%

Purchase Details

Closed on
Feb 8, 2019
Sold by
Kaiser Donald G
Bought by
Kaiser Donald G and The Donald G Kaiser Revocable Trust
Source: Public Records

Range of Values:

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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
Platinum Coast Investments Llc -- None Available
Platinum Coast Investments Llc $505,000 Attorney
Kaiser Donald G -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Platinum Coast Investments Llc $2,850,000
Previous Owner Kaiser Donald G $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2020 05/26/20 Sold $505,000 -15.7% $208 / Sq Ft
04/23/2020 04/23/20 Pending -- -- --
03/27/2020 03/27/20 For Sale $599,000 -- $247 / 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 $35,458 $3,057,100 $834,800 $2,222,300
2023 $35,458 $3,008,300 $787,500 $2,220,800
2022 $32,803 $2,747,400 $768,600 $1,978,800
2021 $8,034 $618,800 $618,800 $0
2020 $4,423 $329,817 $0 $0
2019 $4,307 $322,402 $0 $0
2018 $4,212 $316,391 $0 $0
2017 $4,192 $309,883 $0 $0
2016 $4,149 $576,400 $495,000 $81,400
2015 $4,220 $573,700 $495,000 $78,700
2014 $4,206 $294,588 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Janet Walter

    Seller's Agent in 2020

    Janet Walter

    Michael Saunders

    (941) 232-2000

    78 Total Sales

    Janet Walter
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Map

Source: Stellar MLS

MLS Number: A4464087

Stellar MLS

APN: 0077-02-0021

Florida Sarasota County Sarasota 34231 South Sarasota

1421 N Lake Shore Dr, Sarasota, FL

This home is located at 1421 N Lake Shore Dr, Sarasota, FL 34231 since 27 March 2020 and is currently estimated at $3,739,135, approximately $1,540 per square foot. This property was built in 1959. 1421 N Lake Shore Dr is a home located in Sarasota County with nearby schools including Phillippi Shores Elementary School, Riverview High School, and Brookside Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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