NOT LISTED FOR SALE

Estimated Value: $3,496,000 - $4,436,000

4 Beds
6.5 Baths
5,849 Sq Ft
$653/Sq Ft Est. Value

Last Sold June 24, 2019

Last sale price $2,100,000 $359 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $22,813/month

84 Days on Market

Highlights

  • 115 Feet of Waterfront
  • White Water Ocean Views
  • Dock made with wood
  • Riverview High School Rated A
  • Access To Intracoastal Waterway
  • 2-minute walk to Coral Cove Park

About This Home

As of June 2019

Motivated seller has substantially dropped this price for immediate sale! This property has it all including 118’ of wide-open Bay views, a 5,849 sq. ft architecturally interesting home, a dock and lift to house your boat and water craft, and a location in Coral Cove, one of Sarasota’s favorite neighborhoods convenient to all amenities. Boaters will love the dock and proximity to main channel for quick access to local waterfront attractions and restaurants. The price has been adjusted by $500,000 affording a buyer an amazing opportunity to own this fabulous property. Solid construction elements include all concrete block construction and a concrete tile roof. The smart floor plan includes 2 bedrooms on the main level, an enormous kitchen and breakfast room, a gracious living room and dining room, a wine room and an oversized laundry room. Upstairs features a 20 x 23’ Master suite with spacious closets and his and hers baths, library/den, a Super Bowl style TV /game room, a guest suite and an office area. Walls of glass and fabulous sunset terraces are located on both levels and the heated pool with cut stone decking overlook the Bay. Travertine flooring, volume ceilings, lovely window treatments and tons of built-in bookshelves are featured. Take advantage of this terrific pricing and motivation on the part of the sellers.

Last Agent to Sell the Property

Kim Ogilvie

MICHAEL SAUNDERS & COMPANY License #0412475 Listed on: 01/30/2019

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Monica Verinder

COLDWELL BANKER REALTY License #3291916

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,098

Year Built

  • Built in 1995

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 118x149x102x144
  • 115 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • South Facing Home
  • Property is zoned RSF1

HOA Fees

  • $14 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Property Views

  • White Water Ocean
  • Intracoastal
  • Pool

Home Design

  • Tri-Level Property
  • Stem Wall Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,849 Sq Ft Home
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Shutters
  • Breakfast Room
  • Den
  • Bonus Room
  • Inside Utility

Kitchen

  • Range with Range Hood
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Access To Intracoastal Waterway
  • Fishing Pier
  • Access to Bay or Harbor
  • Seawall
  • Boat Lift
  • Boat Slip Deeded
  • Dock made with wood
  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Propane
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Coral Cove Community
  • Coral Cove Subdivision

Recreation

  • Park

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,098

Year Built

Built in 1995

Lot Details

0

HOA Fees

$14 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 5849
  • Lot Size Acres: 0.31
  • New Construction: No
  • Year Built: 1995
  • Building Area Total: 7559
  • Lot Size Sq Ft: 13327
  • Directions to Property: US 41 to west onto Caribbean Drive, 1629 is on the right.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4425883&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4425883&cview=true&show_results=true&customer_portal=true
  • 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: 0.91503
  • Price per Sq Ft: 359.04
  • Close to Original List Price Ratio: 0.70117
  • Ratio: Current Price\Building Area Total: 277.81
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Master Bedroom
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Travertine, Hardwood
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, High Ceiling(s), Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Appliances Included: Dishwasher, Dryer, Freezer, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Stem Wall
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Spa Yn: No
  • Window Features: Shutters, Window Treatments
  • Street Number Modifier: 1629
  • Room Count: 8
  • Additional Rooms: Bonus Room, Breakfast Room Separate, Den/Library/Office, Inside Utility
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Direction Faces: South
  • Pool Features: Heated, In Ground
  • Exterior Features: Other
  • Roof: Tile
  • Pool Private: Yes
  • View: Pool
  • Water Body Name: Sarasota Bay
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full, Intracoastal Waterway
  • Water Access: Bay/Harbor, Intracoastal Waterway
  • Water Extras: Dock - Slip Deeded On-Site, Dock - Wood, Fishing Pier, Lift, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0207F
  • Waterfront Frontage: 115
  • Water Frontage Feet I C W: 15
  • Water Frontage Feet Bay Harbor: 100
  • Disclosures: Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Propane
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer, Other
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Park
  • Association Amenities: Lobby Key Required
  • Association Fee: 165
  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Optional
  • Association Approval Required YN: No

Fee Information

  • Monthly HOA Fee: 13.75

Schools

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

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0110080027
  • Additional Parcels: No
  • Lot Features: In County
  • Lot Dimensions: 118x149x102x144
  • Flood Zone Code: AE/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: 16098
  • Tax Block: H
  • Tax Book Number: 10-7
  • Tax Lot: 2

Multi Family

  • Waterfront Features: Bay/Harbor, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2023
Sold by
Al-Rawi Ali Z and Al-Rawi Hala
Bought by
Alrawi 2001 Living Trust and Muhsin
Current Estimated Value
$3,822,302

Purchase Details

Listed on
Jan 30, 2019
Closed on
Jun 24, 2019
Sold by
Kimmell Ellie Nicole and Kimmell David
Bought by
Al Rawi Aliz Z and Muhsin Hala
Seller's Agent
Kim Ogilvie
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Monica Verinder
COLDWELL BANKER REALTY
List Price
$2,995,000
Sold Price
$2,100,000
Premium/Discount to List
-$895,000
-29.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.12%
Original Mortgage
$1,785,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 27, 2004
Sold by
Eaton Robert P and Eaton Pamela A
Bought by
Kimmell Lee H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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
Alrawi 2001 Living Trust -- None Listed On Document
Al Rawi Aliz Z $2,100,000 Attorney
Kimmell Lee H $2,671,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Al Rawi Aliz Z $1,785,000
Previous Owner Kimmell Lee H $1,700,000
Previous Owner Kimmell Lee H $2,000,000
Previous Owner Eaton Robert P $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2019 06/24/19 Sold $2,100,000 -8.5% $359 / Sq Ft
04/24/2019 04/24/19 Pending -- -- --
04/18/2019 04/18/19 Price Changed $2,295,000 -8.0% $392 / Sq Ft
03/18/2019 03/18/19 Price Changed $2,495,000 -9.3% $427 / Sq Ft
02/08/2019 02/08/19 Price Changed $2,750,000 -8.2% $470 / Sq Ft
01/30/2019 01/30/19 For Sale $2,995,000 -- $512 / 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 $25,591 $2,208,601 -- --
2023 $25,591 $2,144,273 $0 $0
2022 $24,203 $2,012,692 $0 $0
2021 $24,183 $1,954,070 $0 $0
2020 $22,876 $1,771,700 $990,400 $781,300
2019 $25,060 $1,957,200 $987,600 $969,600
2018 $16,098 $1,271,258 $0 $0
2017 $15,424 $1,196,238 $0 $0
2016 $14,908 $2,011,000 $1,114,000 $897,000
2015 $15,187 $1,136,900 $366,500 $770,400
2014 $15,138 $1,244,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4425883

Stellar MLS

APN: 0110-08-0027