NOT LISTED FOR SALE

Estimated Value: $1,302,000 - $1,745,000

3 Beds
2.5 Baths
2,232 Sq Ft
$641/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $1,000,000 $448 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $9,256/month

386 Days on Market

Highlights

  • Parking available for a boat
  • Oak Trees
  • View of Trees or Woods
  • Southside Elementary School Rated A
  • The property is located in a historic district
  • Deck

About This Home

As of May 2021

For the creative investor with a love of Old Florida, an appreciation for architecture and the fine arts, and a brilliant entrepeneurial spirit, this property holds unlimited potential. Nestled under whispering bamboo, this .42 acre estate includes the main residence, a garage, and an art studio. The house was designed in 1939 by celebrated painters Dorothy and Hilton Leech, who came to Sarasota to help organize the Ringling School of Art, and then curated by Frank Colson, an internationally recognized ceramicist and sculptor. The studio began as a WWII army barracks and was moved to the site in 1947 to house the Amagansett Art School. Behind the privacy of oaks and pines, an expansive living area which opens with a receding wall of glass to a the lanai and screened in atrium. A wall of brick holds two wood burning fireplaces, one interior, one exterior. There are 2 bedrooms on the first floor, one with a private screened porch. A wooden staircase leads to the 3rd bedroom, full bath, and small sitting room which opens via shutters to the natural light of the room below. The studio has plumbing and electrical for a bathroom and kitchen and could be rehabilitated to any number of creative uses and the work should qualify for the Federal Tax Credit. The garage is currently used for storage, with a separate laundry room. Built of Florida cypress, all three structures are locally and nationally designated, qualifying them for a number of incentives (see attachments) to facilitate stewarding this exceptional piece of history into the future. The shingle roof was replaced in Jan 2020. Walk to Morton’s Market, lunch at Libby’s, or a morning cup at Perq.

Last Agent to Sell the Property

Erin DiFazio

CHROME REALTY LLC License #3346813 Listed on: 02/12/2020

Last Buyer's Agent

Georgia Salaverri

COLDWELL BANKER REALTY License #0705963

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,469

Year Built

  • Built in 1940

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 129x142
  • North Facing Home
  • Fenced
  • Mature Landscaping
  • Level Lot
  • Oak Trees
  • Bamboo Trees
  • Historic Home
  • Property is zoned RSF2

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Workshop in Garage
  • Driveway
  • Off-Street Parking
  • Parking available for a boat

Property Views

  • Woods
  • Garden

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof

Interior Spaces

  • 2,232 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Shutters
  • Sliding Doors
  • Great Room
  • Living Room with Fireplace
  • Den
  • Loft
  • Bonus Room
  • Crawl Space
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Screened Patio
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Rain Gutters
  • Front Porch

Location

  • Property is near public transit
  • The property is located in a historic district
  • City Lot

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Hillview Community
  • Hills Sub Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,469

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Historical
  • Construction Materials: Wood Frame
  • Fireplace: Yes
  • Living Area: 2232
  • Lot Size Acres: 0.42
  • New Construction: No
  • Year Built: 1940
  • Building Area Total: 3036
  • Lot Size Sq Ft: 18318
  • Number Of Lots: 1
  • Directions to Property: From 41 Southbound, turn right onto Hillview Street. Continue across Osprey, home will be on the left. Parking is available in the driveway immediately before the house and just past the house there is a small parking lot in front of the studio building.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4459323?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4459323?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.96154
  • Price per Sq Ft: 448.03
  • Close to Original List Price Ratio: 0.90909
  • Ratio: Current Price\Building Area Total: 329.38
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Other Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Central Vaccum, Eating Space In Kitchen, High Ceiling(s), Master Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Thermostat, Vaulted Ceiling(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Crawlspace
  • Total Bedrooms: 3
  • Levels: Two
  • Stories: 2
  • Window Features: Shutters
  • Street Number Modifier: 1666
  • Room Count: 3
  • Additional Rooms: Bonus Room, Den/Library/Office, Great Room, Loft
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Other Structures: Workshop
  • Exterior Features: Fenced, Outdoor Shower, Rain Gutters, Sliding Doors, Storage
  • Roof: Metal, Shingle
  • Pool Private: No
  • View: Garden, Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Deck, Front Porch, Patio, Rear Porch, Screened, Side Porch
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Boat, Driveway, Guest, Off Street, Workshop in Garage
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Security System Owned
  • Senior Community: No
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 2037150050
  • Additional Parcels: No
  • Lot Features: Historic District, City Lot, Level, Near Public Transit
  • Lot Dimensions: 129x142
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Please refer to city regulations regarding rentals.

Tax Info

  • Tax Annual Amount: 4469.32
  • Tax Book Number: 5-93
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2020
Closed on
May 28, 2021
Sold by
Colson Diana A
Bought by
Vanzee John D and Vanzee Susan A
Seller's Agent
Erin DiFazio
CHROME REALTY LLC
Buyer's Agent
Georgia Salaverri
COLDWELL BANKER REALTY
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%
Current Estimated Value
$1,468,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$468,829
Avg. Annual Appreciation
9.79%
Original Mortgage
$1,000,000
Outstanding Balance
$914,789
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$568,475

Purchase Details

Closed on
May 3, 1995
Sold by
Lapham Ruth Bisby and Parcell Ruth Bixby
Bought by
Colson Frank A and Colson Diana A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.35%
Source: Public Records

Range of Values:

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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
Vanzee John D $1,000,000 Attorney
Colson Frank A $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanzee John D $1,000,000
Previous Owner Colson Frank A $937,500
Previous Owner Colson Frank A $150,000
Previous Owner Colson Frank A $175,000
Previous Owner Colson Diana A $84,000
Previous Owner Colson Frank A $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $1,000,000 -3.8% $448 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
12/18/2020 12/18/20 Price Changed $1,040,000 -0.5% $466 / Sq Ft
08/03/2020 08/03/20 Price Changed $1,045,000 -5.0% $468 / Sq Ft
02/12/2020 02/12/20 For Sale $1,100,000 -- $493 / 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 $15,031 $1,070,891 -- --
2023 $15,031 $1,039,700 $954,100 $85,600
2022 $15,891 $1,036,300 $867,900 $168,400
2021 $4,638 $309,221 $0 $0
2020 $4,469 $291,840 $0 $0
2019 $4,652 $310,703 $0 $0
2018 $4,404 $297,059 $0 $0
2017 $4,274 $263,933 $0 $0
2016 $4,186 $659,900 $615,800 $44,100
2015 $3,943 $548,500 $507,000 $41,500
2014 $3,792 $211,998 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4459323

Stellar MLS

APN: 2037-15-0050