NOT LISTED FOR SALE

224 Seagull Ln Sarasota, FL 34236

Estimated Value: $4,214,114 - $4,953,000

3 Beds
5 Baths
4,404 Sq Ft
$1,049/Sq Ft Est. Value

Last Sold November 04, 2020

Last sale price $3,050,000 $693 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $28,532/month

232 Days on Market

Highlights

  • Waterfront Community
  • White Water Ocean Views
  • Fiberglass Pool
  • Southside Elementary School Rated A
  • Access To Marina
  • Custom Home

About This Home

As of November 2020

JUST REDUCED TO $3,595,000!! Enjoy the stunning Sarasota Bay views from the architectural elegance of this residence! The views stretch south and east for bright sunshine throughout the daytime and magnificent twinkling lights of Downtown Sarasota in the evening. Located 13 feet above sea level and sporting a newer sea wall and dock, boaters will appreciate this property for easy access to the Intercoastal Waterway and the Gulf of Mexico. The kitchen, with top of the line appliances, an island, and a wet bar can easily host your guest or family gatherings. New owners will appreciate the master bedroom with stunning Bay views and a master bath, complete with His and Hers closets, a bidet, and a soaking tub. The formal living room and dining room overlook the "cocktail pool" on the Bay. The upstairs guest rooms are en-suite and offer the same beautiful views. There is an abundant amount of storage throughout this residence. Please wear booties for showings as provided. AGENTS and BUYERS: please view all photographs online for this property to ensure it is right for you or your client before scheduling an appointment; please note that the dock is not warranted - Thank you!

Last Agent to Sell the Property

Lynne Koy

COLDWELL BANKER REALTY License #0461188 Listed on: 01/17/2020

COLDWELL BANKER REALTY

Last Buyer's Agent

Lee Mirman

INVESTMENTS IN SARASOTA License #3022993

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,291

Year Built

  • Built in 1988

Lot Details

  • 0.34 Acre Lot
  • West Facing Home
  • Mature Landscaping
  • Metered Sprinkler System
  • Property is zoned RSF1

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Circular Driveway

Property Views

  • White Water Ocean
  • Pool

Home Design

  • Custom Home
  • Bi-Level Home
  • Stem Wall Foundation
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 4,404 Sq Ft Home
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Shades
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room
  • Den
  • Storage Room
  • Security System Owned
  • Attic

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Trash Compactor

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Fiberglass Pool
  • Pool Sweep
  • Pool Lighting

Outdoor Features

  • Access To Marina
  • Access to Bay or Harbor
  • Property is near a marina
  • Dock made with Composite Material
  • Enclosed Patio or Porch
  • Exterior Lighting

Location

  • Property is near public transit
  • Property is near a golf course

Schools

  • Southside Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include manager, security
  • Melissa Johnson Association, Phone Number (941) 366-0848
  • Visit Association Website
  • Bird Key Sub Community
  • Bird Key Sub Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Waterfront Community

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,291

Year Built

Built in 1988

Lot Details

0

HOA Fees

$58 per month

Parking

3

Listing Details

  • HOA Fee Includes: Manager, Security
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Stucco
  • Fireplace: Yes
  • Living Area: 4404
  • Lot Size Acres: 0.34
  • New Construction: No
  • Year Built: 1988
  • Building Area Total: 5689
  • Lot Size Sq Ft: 15000
  • Directions to Property: From John Ringling Causeway, turn into Bird Key. Take the first left (Seagull Lane) and follow until 224 Seagull appears on your right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4456485?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4456485?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.8484
  • Price per Sq Ft: 692.55
  • Close to Original List Price Ratio: 0.76345
  • Ratio: Current Price\Building Area Total: 536.12
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Marble, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Interior Amenities: Built in Features, Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Master Bedroom Main Floor, Skylight(s), Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
  • Appliances Included: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Trash Compactor, Washer
  • Foundation Details: Stem Wall
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Yn: No
  • Window Features: Shades
  • Street Number Modifier: 224
  • Room Count: 7
  • Additional Rooms: Attic, Den/Library/Office, Family Room, Formal Dining Room Separate, Formal Living Room Separate, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Pool Features: Fiberglass, Lighting, Pool Sweep
  • Exterior Features: Lighting, Sliding Doors, Sprinkler Metered
  • Roof: Concrete, Tile
  • Pool Private: Yes
  • View: Pool, Water
  • Water Body Name: Sarasota Bay
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Screened
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full
  • Water Access: Bay/Harbor, Marina
  • Water Extras: Dock - Composite
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0133F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Oversized
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Waterfront
  • Association Amenities: Security
  • Association Fee: 700
  • Association Fee Frequency: Annually
  • Association Name: Melissa Johnson
  • Phone: 941-366-0848
  • Association: Yes
  • Security: Security System Owned
  • Senior Community: No
  • Association Website: https://www.bkha.org/
  • Association Email: bkhaoffice@verizon.net
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 700
  • Monthly HOA Fee: 58.33
  • Total Monthly Fees: 58.33

Schools

  • Elementary School: Southside Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: RSF1
  • Parcel Number: 2011050010
  • Additional Parcels: No
  • Lot Features: Near Golf Course, Near Marina, Near Public Transit
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 2 Months
  • Num Timesper Year: 6
  • Lease Restrictions Y N: Yes

Tax Info

  • Tax Annual Amount: 21291
  • Tax Block: 1
  • Tax Book Number: 11-20
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2020
Closed on
Nov 4, 2020
Sold by
Wright Douglas C and Wright Sarah R
Bought by
Kirpalani Rohit and Kirpalani Joy
Seller's Agent
Lynne Koy
COLDWELL BANKER REALTY
Buyer's Agent
Lee Mirman
INVESTMENTS IN SARASOTA
List Price
$3,695,000
Sold Price
$3,050,000
Premium/Discount to List
-$645,000
-17.46%
Current Estimated Value
$4,620,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,570,279
Avg. Annual Appreciation
8.98%
Original Mortgage
$982,500
Outstanding Balance
$879,786
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$3,740,493
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
Kirpalani Rohit $3,050,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirpalani Rohit $982,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2020 11/04/20 Sold $3,050,000 -15.2% $693 / Sq Ft
09/05/2020 09/05/20 Pending -- -- --
07/15/2020 07/15/20 Price Changed $3,595,000 -2.7% $816 / Sq Ft
07/09/2020 07/09/20 For Sale $3,695,000 0.0% $839 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
02/13/2020 02/13/20 Price Changed $3,695,000 -7.5% $839 / Sq Ft
01/17/2020 01/17/20 For Sale $3,995,000 -- $907 / 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 $41,922 $2,920,670 -- --
2023 $41,922 $2,835,602 $0 $0
2022 $41,003 $2,753,012 $0 $0
2021 $41,345 $2,669,200 $2,298,800 $370,400
2020 $21,838 $1,375,357 $0 $0
2019 $21,291 $1,344,435 $0 $0
2018 $20,955 $1,319,367 $0 $0
2017 $20,721 $1,292,230 $0 $0
2016 $20,519 $2,815,100 $2,204,600 $610,500
2015 $20,831 $2,604,300 $2,038,900 $565,400
2014 $20,715 $1,216,104 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4456485

Stellar MLS

APN: 2011-05-0010