NOT LISTED FOR SALE

3409 Seagrape Dr Sarasota, FL 34242

Estimated Value: $972,000 - $3,630,000

0.7 Acre
$3,072,864 Price per Acre
30,492 Sq Ft Lot

Last Sold June 07, 2019

Last sale price $600,000

Est. 239% increase in value since last sale

Current estimated payment $11,854/month

161 Days on Market

Highlights

  • 0.7 Acre Lot
  • No HOA
  • Heating Available
  • Phillippi Shores Elementary School Rated A

About This Lot

As of June 2019

A total of 31,633 Square Feet… That’s right… these TWO lots represent over 2/3rd acres located in the coveted Bay Island neighborhood on north Siesta Key! This very special property offers an extremely private setting to build an impeccable island residence! Imagine having the chance to create your ultimate dream home on Siesta Key with enough room for a guest house, sport court, putting green and more! Enjoy big water and downtown city views from upper living levels or an amazing rooftop deck! .... OR... This could also become the perfect opportunity for a developer/builder looking to make their mark on Siesta Key and build two homes! The two individual lots - 3409 Seagrape & 3423 Seagrape are over 15,000 square feet EACH and are to be sold together at this list price. This truly is a one of a kind opportunity. Compare this property to any property on Siesta Key or West of the Trail and you will find this priced at an incredible value that cannot be beat!

Last Agent to Sell the Property

Rob Hunt, Jr

HUNT BROTHERS REALTY, INC. License #3197350 Listed on: 10/12/2018

HUNT BROTHERS REALTY, INC.

Last Buyer's Agent

Scott Langa

COLDWELL BANKER REALTY License #3258620

COLDWELL BANKER REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,774

Lot Details

  • 0.7 Acre Lot
  • Lot Dimensions are 150x46x34x162x135x185x34x42
  • Cleared Lot
  • 2 Lots in the community
  • Additional Parcels

Location

  • City Lot

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Sarasota High School

Community Details

  • No Home Owners Association
  • Bay Island Community
  • Bay Island Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / 1
  • Assessor Parcel Number 2017082867

Property Details

Property Type

Land

Est. Annual Taxes

$8,774

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.7
  • Lot Size Sq Ft: 31633
  • Number Of Lots: 2
  • Directions to Property: Head West over the North Siesta Key Bridge. Turn Right on Seagrape and follow the road to the sign on your right.
  • Status: Sold
  • Total Acreage: 1/2 to less than 1
  • Ratio: Close Price\List Price: 0.96
  • Price per Sq Ft: 18.97
  • Close to Original List Price Ratio: 0.80107
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2017
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 3409

Exterior Features

  • Road Frontage Type: City Street
  • Waterfront: No
  • Easements: Check With County
  • Water View Y N: No
  • Front Footage: 227
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Land Sales Disclosure

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Public, Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Parcel Number: 2017082867
  • Additional Parcels Description: 2017082866
  • Additional Parcels: Yes
  • Current Use: Residential
  • Lot Features: Cleared, City Lot, Room For Pool
  • Lot Dimensions: 150x46x34x162x135x185x34x42
  • Price Per Acre: 857143
  • Flood Zone Code: AE
  • Current Adjacent Use: Residential
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No
  • Pet Restrictions: NO KNOWN RESTRICTIONS

Tax Info

  • Tax Block: 1
  • Tax Book Number: 00/0
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2023
Sold by
Sawyer Elizabeth Schulz
Bought by
Domenica L Schulz Revocable Trust and Siegfried
Current Estimated Value
$2,031,639

Purchase Details

Closed on
May 28, 2021
Sold by
Logan Arch Development 3409 Llc
Bought by
Schulz Domenica L

Purchase Details

Listed on
Oct 12, 2018
Closed on
Jun 7, 2019
Sold by
Rod Holdings Sarasota 2 Llc
Bought by
Logan Arch Development 3409 Llc
Seller's Agent
Rob Hunt, Jr
HUNT BROTHERS REALTY, INC.
Buyer's Agent
Scott Langa
COLDWELL BANKER REALTY
List Price
$675,000
Sold Price
$600,000
Premium/Discount to List
-$75,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.43%
Original Mortgage
$1,421,676
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 30, 2017
Sold by
Rod Holdings Sarasota 2 Llc
Bought by
Rod Holdings Sarasota 2 Lcl

Purchase Details

Closed on
Feb 1, 2016
Bought by
Rod Holdings Sarasota 2 Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Domenica L Schulz Revocable Trust $100 None Listed On Document
Schulz Domenica L $539,900 Attorney
Logan Arch Development 3409 Llc $300,000 Attorney
Rod Holdings Sarasota 2 Lcl -- Attorney
Rod Holdings Sarasota 2 Llc $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schulz Domenica L $817,000
Previous Owner Schulz Domenica L $2,660,000
Previous Owner Logan Arch Development 3409 Llc $1,444,111
Previous Owner Logan Arch Development 3409 Llc $1,421,676
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2019 06/07/19 Sold $600,000 -4.0% --
03/22/2019 03/22/19 Pending -- -- --
12/14/2018 12/14/18 Price Changed $625,000 -7.4% --
12/04/2018 12/04/18 For Sale $675,000 0.0% --
11/21/2018 11/21/18 Pending -- -- --
10/29/2018 10/29/18 Price Changed $675,000 -9.9% --
10/12/2018 10/12/18 For Sale $749,000 -- --
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 $8,774 $837,400 $837,400 --
2023 $8,774 $594,000 $594,000 $0
2022 $8,641 $579,400 $579,400 $0
2021 $5,446 $378,800 $378,800 $0
2020 $4,723 $290,800 $290,800 $0
2019 $4,403 $271,300 $271,300 $0
2018 $6,026 $372,200 $372,200 $0
2017 $8,617 $529,500 $529,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4415968

Stellar MLS

APN: 2019-09-0045