NOT LISTED FOR SALE

Estimated Value: $2,839,000 - $6,303,162

0.3 Acres
$16,645,737 Price per Acre
13,068 Sq Ft Lot

Last Sold March 15, 2019

Last sale price $2,050,000 $571 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $32,169/month

104 Days on Market

Highlights

  • 235 Feet of Waterfront
  • White Water Ocean Views
  • No HOA
  • Southside Elementary School Rated A
  • Access To Intracoastal Waterway
  • Wood Fence

About This Lot

As of March 2019

Incredible Bayfront building opportunity West of the Trail in Paradise Shores. Paradise Shores is situated between Cherokee Park and Harbor Acres. This lot jets out and sits all the way at the end of the very upscale street directly on the Sarasota Bayfront with stunning views of Siesta Key, Bird Key and the Mainland towards downtown Sarasota. There is also a deep canal that runs down the entire length of the North side of the property. The current owner has worked hard to get this property to where it is. They have recently installed 235 feet of Seawall in Aug of 2018 along with a new Trex dock. The lot has been cleared and graded with close to 300 yards of additional fill dirt added. There are no trees obstructing the bay views. If you want Big Bayfront don't let this opportunity pass you by. This property is a rare find. There is nothing quite like this available right now at a price like this.

Last Agent to Sell the Property

Ryan Carson

RE/MAX ALLIANCE GROUP License #3240511 Listed on: 09/27/2018

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Ryan Carson

RE/MAX ALLIANCE GROUP License #3240511 Listed on: 09/27/2018

RE/MAX ALLIANCE GROUP

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $39,349

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 105x125
  • 235 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Property fronts a saltwater canal
  • East Facing Home
  • Wood Fence
  • Flag Lot
  • Cleared Lot
  • Property is zoned RSF1

Property Views

  • White Water Ocean
  • Canal

Location

  • City Lot

Schools

  • Southside Elementary School
  • Brookside Middle School
  • Sarasota High School

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 2038060002

Community Details

Overview

  • No Home Owners Association
  • Paradise Cove Community
  • Paradise Shores Subdivision

Recreation

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Access to Saltwater Canal
  • Dock made with Composite Material

Property Details

Property Type

Land

Est. Annual Taxes

$39,349

Lot Details

0.3 Acres

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.3
  • Lot Size Sq Ft: 13266
  • Status: Sold
  • Total Acreage: 1/4 to less than 1/2
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.91111
  • Price per Sq Ft: 154.53
  • Close to Original List Price Ratio: 0.91111
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2017
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Direction Faces: East
  • Road Frontage Type: City Street
  • Water Body Name: Sarasota Bay
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full, Canal
  • Water Access: Bay/Harbor, Canal - Saltwater, Intracoastal Waterway
  • Water Extras: Dock - Composite, Sailboat Water
  • Water View Y N: Yes
  • Front Footage: 235
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0141F
  • Waterfront Frontage: 235
  • Water Frontage Feet Bay Harbor: 105
  • Water Frontage Feet Canal Salt: 130
  • Disclosures: Land Sales Disclosure

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Electricity Available, Sewer Available, Street Lights, Water Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Schools

  • Elementary School: Southside Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF1
  • Parcel Number: 2038060002
  • Additional Parcels: No
  • Current Use: Residential
  • Fencing: Boundary Fencing, Wood
  • Lot Features: Buildable, Cleared, Flag Lot, City Lot
  • Lot Dimensions: 105x125
  • Price Per Acre: 6833333
  • Flood Zone Code: VE
  • Flood Zone Date: 2016-11-04
  • Current Adjacent Use: Residential
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 39349
  • Tax Book Number: 5-80
  • Tax Lot: 35

Multi Family

  • Waterfront Features: Bay/Harbor, Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2018
Closed on
Mar 15, 2019
Sold by
Folvig John and Folvig Jennifer
Bought by
Graiver Loni and Graiver Denise Burr
Seller's Agent
Ryan Carson
RE/MAX ALLIANCE GROUP
Buyer's Agent
Ryan Carson
RE/MAX ALLIANCE GROUP
List Price
$2,250,000
Sold Price
$2,050,000
Premium/Discount to List
-$200,000
-8.89%
Current Estimated Value
$4,993,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,943,721
Avg. Annual Appreciation
13.54%
Original Mortgage
$2,300,000
Outstanding Balance
$2,038,216
Interest Rate
4.4%
Mortgage Type
Construction
Estimated Equity
$2,955,505

Purchase Details

Listed on
Mar 9, 2018
Closed on
Mar 9, 2018
Sold by
Conerica Bank
Bought by
Folvig John and Folvig Jennifer
Seller's Agent
Peggy Lewis
COLDWELL BANKER SARASOTA CENT.
Buyer's Agent
Ryan Carson
RE/MAX ALLIANCE GROUP
List Price
$1,400,000
Sold Price
$1,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.88%

Purchase Details

Closed on
Dec 21, 2017
Sold by
Gonzales Roy and Bontrager Roofing Inc
Bought by
Comerica Bank

Purchase Details

Closed on
Mar 13, 2007
Sold by
Kaye Keith W and Kaye Valda N
Bought by
Gonzales Roy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2002
Sold by
Giorgetti Paul J
Bought by
Kaye Valda N and Kaye Keith W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,000
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2002
Sold by
Giorgetti Paul J
Bought by
Kaye Valda N and Kaye Keith W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Graiver Loni $2,050,000 Attorney
Folvig John $1,400,000 Sunbelt Title Agency
Comerica Bank $1,090,001 None Available
Gonzales Roy $1,775,000 Americo Title Company Llc
Kaye Valda N $1,550,000 --
Kaye Valda N $1,550,000 --
Kaye Valda N -- --
Kaye Valda N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graiver Loni $2,300,000
Previous Owner Gonzales Roy $1,600,000
Previous Owner Kaye Valda N $1,240,000
Previous Owner Kaye Valda N $1,240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2019 03/15/19 Sold $2,050,000 -8.9% $571 / Sq Ft
01/09/2019 01/09/19 Pending -- -- --
09/27/2018 09/27/18 For Sale $2,250,000 +60.7% $626 / Sq Ft
03/12/2018 03/12/18 Sold $1,400,000 0.0% $390 / Sq Ft View Prior Sale
03/09/2018 03/09/18 Pending -- -- --
03/09/2018 03/09/18 For Sale $1,400,000 -- $390 / 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 $74,237 $5,264,798 -- --
2024 $73,577 $5,116,422 -- --
2023 $73,577 $4,967,400 $2,635,600 $2,331,800
2022 $60,091 $4,196,700 $2,248,200 $1,948,500
2021 $28,382 $1,884,700 $1,799,300 $85,400
2020 $25,877 $1,621,900 $1,535,800 $86,100
2019 $24,636 $1,547,400 $1,462,000 $85,400
2018 $24,583 $1,520,200 $1,462,000 $58,200
2017 $39,349 $2,422,500 $2,202,300 $220,200
2016 $19,522 $2,296,000 $2,064,700 $231,300
2015 $19,819 $1,942,000 $1,710,300 $231,700
2014 $19,805 $1,169,347 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4412048

Stellar MLS

APN: 2038-06-0002

Your Personal Tour Guide

Ask me questions while you tour the home.