Seller's Agent in 2020
Joel Schemmel
DOUGLAS ELLIMAN
(941) 587-4894
5 in this area
347 Total Sales
1775 Cherokee Dr Sarasota, FL 34239
Southside NeighborhoodEstimated Value: $5,110,861 - $6,933,000
4
Beds
4.5
Baths
4,559
Sq Ft
$1,292/Sq Ft
Est. Value
Highlights
- Heated Lap Pool
- View of Trees or Woods
- Open Floorplan
- Southside Elementary School Rated A
- 0.92 Acre Lot
- Contemporary Architecture
About This Home
As of August 2020Iconic modern design by world-renowned architect Guy Peterson is combined with the quality of builder Murray Homes and the landscape artistry of Michael Gilkey to create this stunning compound on almost one acre in the heart of Cherokee Park, one of Sarasota’s most sought after neighborhoods. An extraordinary Banyan sets the stage for an incredible display of architecture that features expansive walls of glass and open living spaces capturing the essence of indoor/outdoor living. Polished concrete surfaces combined with custom wood cabinetry and incredible lighting elements work seamlessly alongside marble, soapstone and floating walls to create a living work of art that is as beautiful as it is functional. The open kitchen boasts abundant wood cabinetry and storage space, durable soapstone countertops and a huge center island with walnut top seating area. The dining area and living room both open onto the covered west facing patio complete with summer kitchen. An adjoining game room provides the perfect setting for intimate gatherings. The master wing is strategically positioned to take advantage of garden views and the den is an oasis for work or relaxing. The guest house which opens directly to the pool is perfect for visiting family or guests. Two additional suites, large rectangular pool, lushly landscaped gardens, bocce ball court and oversized climate controlled 3-car garage complete this incredible property. All in an amazing location near Siesta Key, Southside Village, and Downtown Sarasota.
Last Agent to Sell the Property
DOUGLAS ELLIMAN License #3060476 Listed on: 03/09/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $42,439
Year Built
- Built in 2018
Lot Details
- 0.92 Acre Lot
- South Facing Home
- Masonry wall
- Chain Link Fence
- Mature Landscaping
- Oversized Lot
- Well Sprinkler System
- Landscaped with Trees
- Additional Parcels
- Property is zoned RSF1
Parking
- 3 Car Attached Garage
- Garage Door Opener
- Driveway
- Secured Garage or Parking
- Open Parking
Property Views
- Woods
- Pool
Home Design
- Contemporary Architecture
- Slab Foundation
- Membrane Roofing
- Concrete Siding
- Block Exterior
- Stucco
Interior Spaces
- 4,559 Sq Ft Home
- Open Floorplan
- Wet Bar
- Built-In Features
- Bar Fridge
- High Ceiling
- Ceiling Fan
- Thermal Windows
- Blinds
- Sliding Doors
- Great Room
- Den
- Bonus Room
- Inside Utility
- Concrete Flooring
Kitchen
- Built-In Oven
- Cooktop
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Wine Refrigerator
- Stone Countertops
- Solid Wood Cabinet
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Security System Owned
- Fire and Smoke Detector
Pool
- Heated Lap Pool
- Heated In Ground Pool
- Gunite Pool
- Saltwater Pool
- Pool Lighting
Outdoor Features
- Covered Patio or Porch
- Exterior Lighting
- Outdoor Grill
- Rain Gutters
Schools
- Southside Elementary School
- Brookside Middle School
- Sarasota High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Thermostat
- Natural Gas Connected
- Phone Available
- Cable TV Available
Community Details
- Property has a Home Owners Association
- Cherokee Park Community
- Cherokee Park 2 Subdivision
- The community has rules related to deed restrictions
- Rental Restrictions
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 10 / F
- Assessor Parcel Number 2039010117
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 9, 2020
Closed on
Aug 14, 2020
Sold by
Bell Stephen and Bell Jill
Bought by
Lido Acquisitions Llc
Seller's Agent
Joel Schemmel
DOUGLAS ELLIMAN
Buyer's Agent
Joel Schemmel
DOUGLAS ELLIMAN
List Price
$4,000,000
Sold Price
$4,200,000
Premium/Discount to List
$200,000
5%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,690,620
Avg. Annual Appreciation
6.90%
Purchase Details
Closed on
Oct 1, 2015
Sold by
Bell Stephen and Bell Jill
Bought by
Bell Stephen and Bell Jill
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lido Acquisitions Llc | $4,200,000 | None Listed On Document | |
| Bell Stephen | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lido Acquisitions Llc | $2,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2020 08/14/20 | Sold | $4,200,000 | +5.0% | $921 / Sq Ft |
| 06/01/2020 06/01/20 | Pending | -- | -- | -- |
| 03/09/2020 03/09/20 | For Sale | $4,000,000 | -- | $877 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $48,808 | $3,206,911 | -- | -- |
| 2023 | $48,808 | $3,762,500 | $1,183,000 | $2,579,500 |
| 2022 | $44,378 | $3,354,000 | $974,400 | $2,379,600 |
| 2021 | $37,864 | $2,409,400 | $696,800 | $1,712,600 |
| 2020 | $26,526 | $1,673,300 | $663,000 | $1,010,300 |
| 2019 | $27,049 | $1,671,200 | $669,700 | $1,001,500 |
| 2018 | $11,006 | $727,900 | $727,900 | $0 |
| 2017 | $9,613 | $591,400 | $591,400 | $0 |
| 2016 | $9,506 | $574,800 | $574,800 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Joel Schemmel
Map
Source: Stellar MLS
MLS Number: A4461676
APN: 2039-01-0117
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