NOT LISTED FOR SALE

Estimated Value: $4,227,000 - $4,812,000

5 Beds
6 Baths
6,035 Sq Ft
$759/Sq Ft Est. Value

Last Sold August 02, 2018

Last sale price $2,875,000 $476 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $27,845/month

6 Days on Market

Highlights

  • 130 Feet of Waterfront
  • White Water Ocean Views
  • Access To Intracoastal Waterway
  • Riverview High School Rated A
  • Boat Ramp
  • 4-minute walk to Coral Cove Park

About This Home

As of August 2018

Experience the majestic waterfront setting of this dazzling Mediterranean-style residence located West of Trail in Sarasota. Boasting 130’ of water frontage along Sarasota Bay, you’ll delight in an endless backdrop of sea and sky as you savor Sarasota’s resort lifestyle. Opulence and elegance greet you upon entering with a grand staircase that overlooks the dining room and two-story living room with cozy and easy to use gas fireplace and bar. Prepare signature dishes in the open kitchen equipped with cherry wood cabinets, breakfast bar, and stainless-steel appliances. Spend time with loved ones in the expansive family room where corner sliding doors create a seamless transition to the impressive pool terrace. Savor relaxing in the downstairs master suite with stunning water views, dressing area, and his and her closets. Four additional bedrooms which include a second master suite provides space for loved ones. A library/office of rich wood, large media/playroom with a full bar, elevator, and a four-car split garage complete the picture. A state-of-the-art Creston system provides smart home technology – right from your mobile phone. The outdoor area is a study in waterfront perfection with an infinity edge pool, summer kitchen with gas grill, and two large sun decks where you can enjoy the vibrant hues of evening sunsets. Enjoy the calm of being on the water from the fishing pier or explore beautiful waterways on your boat, moored at the full-service boat dock with jet ski lift.

Last Agent to Sell the Property

Daria Fairchild

COLDWELL BANKER REALTY License #3106285 Listed on: 04/05/2018

COLDWELL BANKER REALTY

Last Buyer's Agent

Connie Lyke Brown PA

MICHAEL SAUNDERS & COMPANY License #0380478

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,082

Year Built

  • Built in 2004

Lot Details

  • 0.45 Acre Lot
  • 130 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Mature Landscaping
  • Irrigation
  • Property is zoned RSF1

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 4 Car Attached Garage

Property Views

  • White Water Ocean
  • Intracoastal

Home Design

  • Spanish Architecture
  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 6,035 Sq Ft Home
  • Elevator
  • Wet Bar
  • Bar Fridge
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Bonus Room
  • Storage Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Travertine

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • Heated Infinity Pool
  • Heated Spa
  • Pool is Self Cleaning
  • Outdoor Shower
  • Auto Pool Cleaner

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Fishing Pier
  • No Fixed Bridges
  • Seawall
  • Boat Lift
  • Boat Slip Deeded
  • Balcony
  • Outdoor Kitchen
  • Outdoor Grill
  • Rain Gutters

Schools

  • Gulf Gate Elementary School
  • Brookside Middle School
  • Riverview High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Coral Cove Community
  • Coral Cove Subdivision

Recreation

  • Boat Ramp
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,082

Year Built

Built in 2004

Lot Details

0

HOA Fees

$4 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Stucco
  • Fireplace: Yes
  • Living Area: 6035
  • Lot Size Acres: 0.45
  • New Construction: No
  • Year Built: 2004
  • Building Area Total: 8531
  • Lot Size Sq Ft: 19785
  • Directions to Property: US 41 south of Stickney Point Rd to west on Caribbean Drive. House is close to end of the street on the right.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4215465&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4215465&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-308-7777
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.92742
  • Price per Sq Ft: 476.39
  • Close to Original List Price Ratio: 0.92742
  • Ratio: Current Price\Building Area Total: 337.01
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Travertine, Hardwood
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Central Vaccum, Crown Molding, Eating Space In Kitchen, Elevator, Master Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Microwave, Oven, Range, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Features: Heated
  • Spa Yn: Yes
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 1541
  • Room Count: 7
  • Additional Rooms: Bonus Room, Den/Library/Office, Family Room, Formal Dining Room Separate, Foyer, Inside Utility, Media Room, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Outdoor Kitchen
  • Pool Features: Auto Cleaner, Heated, Infinity, Self Cleaning
  • Exterior Features: Balcony, Hurricane Shutters, Irrigation System, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Rain Gutters, Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • View: Water
  • Water Body Name: Sarasota Bay
  • Waterfront: Yes
  • Water View: Bay/Harbor - Full, Intracoastal Waterway
  • Water Access: Bay/Harbor, Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges, Dock - Slip Deeded On-Site, Dock w/Electric, Fishing Pier, Lift, Sailboat Water, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0207F
  • Waterfront Frontage: 130
  • Water Frontage Feet Bay Harbor: 130

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Covered Parking Spaces: 4
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Gas, Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Community Boat Ramp, Park, Water Access
  • Association Amenities: Park
  • Association Fee: 50
  • Association Fee Frequency: Annually
  • Association: No
  • Security: Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Optional
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 50
  • Monthly HOA Fee: 4.17
  • Total Monthly Fees: 4.17

Schools

  • Elementary School: Gulf Gate Elementary
  • High School: Riverview High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0110070016
  • Additional Parcels: No
  • Lot Features: In County
  • Flood Zone Code: VE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Num Timesper Year: 12
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 31082
  • Tax Book Number: 10-31
  • Tax Lot: 13

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2018
Closed on
Aug 1, 2018
Sold by
Felix Eric
Bought by
Svae Ii Llc
Seller's Agent
Daria Fairchild
COLDWELL BANKER REALTY
Buyer's Agent
Connie Lyke Brown PA
MICHAEL SAUNDERS & COMPANY
List Price
$3,100,000
Sold Price
$2,875,000
Premium/Discount to List
-$225,000
-7.26%
Current Estimated Value
$4,393,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,518,646
Avg. Annual Appreciation
7.80%

Purchase Details

Closed on
Feb 23, 2018
Sold by
Felix Eric and Felix Rebecca
Bought by
Felix Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,235,670
Interest Rate
3.32%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 7, 2012
Closed on
May 24, 2013
Sold by
Vivinetto Ned J
Bought by
Felix Eric and Felix Rebecca
Seller's Agent
Barbara Ackerman
COLDWELL BANKER REALTY
Buyer's Agent
Daria Fairchild
COLDWELL BANKER REALTY
List Price
$3,295,000
Sold Price
$2,200,000
Premium/Discount to List
-$1,095,000
-33.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%
Original Mortgage
$1,650,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2001
Sold by
Hallowell Robert B
Bought by
Vivinetto Ned J
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
Svae Ii Llc $2,875,000 Msc Title Inc
Felix Eric -- First American Title Ins Co
Felix Eric $2,200,000 First American Title Ins Co
Vivinetto Ned J $1,050,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Svae Ii Llc $28,047,801
Previous Owner Felix Eric $1,235,670
Previous Owner Felix Eric $1,650,000
Previous Owner Vivinetto Ned J $500,000
Previous Owner Vivinetto Ned J $450,000
Previous Owner Vivinetto Ned J $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2018 08/02/18 Sold $2,875,000 -7.3% $476 / Sq Ft
04/11/2018 04/11/18 Pending -- -- --
04/05/2018 04/05/18 For Sale $3,100,000 +40.9% $514 / Sq Ft
05/24/2013 05/24/13 Sold $2,200,000 -12.0% $358 / Sq Ft
03/28/2013 03/28/13 Pending -- -- --
03/08/2013 03/08/13 Price Changed $2,499,900 -16.5% $406 / Sq Ft
01/14/2013 01/14/13 Price Changed $2,995,000 -9.1% $487 / Sq Ft
11/07/2012 11/07/12 For Sale $3,295,000 -- $536 / 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 $45,421 $3,161,924 -- --
2023 $45,421 $4,635,500 $2,440,200 $2,195,300
2022 $40,494 $4,013,500 $2,231,900 $1,781,600
2021 $29,882 $2,375,600 $1,253,800 $1,121,800
2020 $30,052 $2,337,500 $1,253,700 $1,083,800
2019 $31,322 $2,451,700 $1,222,300 $1,229,400
2018 $28,819 $2,246,900 $1,196,200 $1,050,700
2017 $31,082 $2,385,700 $1,300,300 $1,085,400
2016 $31,930 $2,559,300 $1,378,500 $1,180,800
2015 $27,303 $1,991,300 $968,800 $1,022,500
2014 $27,245 $1,396,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4215465

Stellar MLS

APN: 0110-07-0016