NOT LISTED FOR SALE

Estimated Value: $863,000 - $1,110,044

3 Beds
3 Baths
2,845 Sq Ft
$354/Sq Ft Est. Value

Last Sold April 17, 2023

Last sale price $1,200,000 $422 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $5,963/month

86 Days on Market

Highlights

  • 100 Feet of Creek Waterfront
  • Access To Intracoastal Waterway
  • Oak Trees
  • Southside Elementary School Rated A
  • Boat Lift
  • Screened Pool

About This Home

As of April 2023

Waterfront home in Sarasota for only $475 per square foot!!! This is the best priced Waterfront Home in the area. This beautiful Waterfront home sits on a large 15,000 square foot lot in the desirable South Gate neighborhood and has 100' of Waterfront on Phillippi Creek complete with a new sea wall, a 10,000 pound boat lift, and a kayak lift. Phillippi Creek is a large natural tributary into Sarasota Bay and boast quick access by boat to the open waters of the Bay and Gulf of Mexico. The location is one of the most desirable in the area with top rated school district (Southside elementary, Brookside, and Sarasota High), shopping and dining and only about 10 minutes to the world-famous Siesta Key Beach. This home is a must see. The 2845 square foot home has been tastefully updated and provides some very unique features including a spa-like master's suite with his and hers closets, a soaking tub, a large rain shower, and additional room to be used as nursery, Gym, office, sitting room, guest room, etc. The interior of the home is perfect for entertaining with its open floor plan. The exterior of the home is amazing as well and will really invite you outside to connect with nature. Upon arrival you will be greeted with beautiful curb appeal that starts with the architectural columns at the street, the large circular drive, the linear design of the house that is accented with stone work, and even a pond with waterfall at the front door. The front is impressive, but behind the fences is where this home really sets itself apart from anything else. With an elevation of 19.5 this home is perched above the creek and is not in a flood zone and offers a great vantage point to enjoy all of the outdoor spaces. There is large, private relaxation area off the master suite that is complete with a hot tub and a hammock. The large pool cage encloses 1344 square foot for those pool parties that you will surely be having. The free form saltwater pool offers a sun shelf and built-in waterfalls for complete relaxation!! Adjacent to the pool area you will find another great area with an elevated deck, metal pergola roof, a fire pit and a view out over the water where you will feel like you are away from the hustle and bustle of everyday life. If you are looking for a home on navigable water that is protected by its inland location and appreciate the central location in Sarasota, then this is the home for you. Don't let this one get away.

Last Agent to Sell the Property

Robert Halbman

EXIT KING REALTY License #3282525 Listed on: 12/17/2022

EXIT KING REALTY

Last Buyer's Agent

Jerry Brower

PREFERRED PROPERTIES OF VENICE INC License #658954

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,658

Year Built

  • Built in 1956

Lot Details

  • 0.34 Acre Lot
  • 100 Feet of Creek Waterfront
  • West Facing Home
  • Vinyl Fence
  • Mature Landscaping
  • Oak Trees
  • Property is zoned RSF1

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Circular Driveway
  • On-Street Parking

Home Design

  • Craftsman Architecture
  • Bi-Level Home
  • Slab Foundation
  • Stem Wall Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,845 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Shutters
  • French Doors
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Creek or Stream Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Window or Skylight in Bathroom

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Appliances

Pool

  • Screened Pool
  • Cabana
  • In Ground Pool
  • Heated Spa
  • Gunite Pool
  • Saltwater Pool
  • Above Ground Spa
  • Fence Around Pool
  • Outside Bathroom Access
  • Pool Tile

Outdoor Features

  • Access To Intracoastal Waterway
  • Fixed Bridges
  • Access To Creek
  • Seawall
  • No Wake Zone
  • Boat Lift
  • Dock made with Composite Material
  • Courtyard
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters
  • Private Mailbox

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

  • South Gate Association
  • South Gate Community
  • South Gate Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,658

Year Built

Built in 1956

Lot Details

0.34 Acres

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman
  • Construction Materials: Wood Siding
  • Fireplace: Yes
  • Living Area: 2845
  • Lot Size Acres: 0.34
  • New Construction: No
  • Year Built: 1956
  • Building Area Total: 3328
  • Lot Size Sq Ft: 15000
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 309.18
  • Escrow State: FL
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 421.79
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Electric
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Vinyl
  • Full Bathrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab, Stem Wall
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Features: Above Ground, Heated
  • Spa Yn: Yes
  • Window Features: Shutters
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Family Room
  • Living Area Meters: 264.31

Exterior Features

  • Direction Faces: West
  • Other Structures: Cabana
  • Pool Features: Gunite, In Ground, Outside Bath Access, Salt Water, Screen Enclosure, Tile
  • Exterior Features: Courtyard, French Doors, Lighting, Private Mailbox, Rain Gutters, Sliding Doors
  • Roof: Metal
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio
  • Road Surface Type: Asphalt
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Access: Creek,Intracoastal Waterway
  • Water Extras: Bridges - Fixed,Dock - Composite,Dock w/Electric,Lift,No Wake Zone,Seawall - Other
  • Water View: Creek
  • Water View YN: 1
  • Waterfront Feet Total: 100
  • Flood Zone Panel: 12115C0142F
  • Additional Water Information: Phillippi Creek is a natural tidal tributary and is navigable from the home to Sarasota Bay and on to the Gulf of Mexico. Home sits at 19.5 foot above flood plain so there is no Flood insurance required.
  • Water Frontage Feet Creek: 100

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Curb Parking, Driveway, Garage Door Opener, Oversized

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 200
  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No
  • Association #2 Fee Frequency: Annually
  • Association: South Gate
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 200.00
  • Total Monthly Fees: 16.67
  • Monthly HOA Amount: 16.67

Schools

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

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0057090003
  • Additional Parcels: No
  • Fencing: Fenced, Vinyl
  • Lot Features: Landscaped, Paved
  • Flood Zone Code: x

Green Features

  • Efficiency: Appliances

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Sarasota County lease restrictions apply. Buyer to verify.

Tax Info

  • Tax Annual Amount: 4658
  • Tax Block: 25
  • Tax Book Number: 8-74
  • Tax Lot: 3

Multi Family

  • Waterfront Features: Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2022
Closed on
Apr 17, 2023
Sold by
Duncan Todd C and Duncan Regina R
Bought by
Grover Matthew H and Grover Courtney E
Seller's Agent
Robert Halbman
EXIT KING REALTY
Buyer's Agent
Jerry Brower
PREFERRED PROPERTIES OF VENICE INC
List Price
$1,585,000
Sold Price
$1,200,000
Premium/Discount to List
-$385,000
-24.29%
Views
176
Current Estimated Value
$1,008,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$191,489
Avg. Annual Appreciation
-5.78%
Original Mortgage
$1,000,000
Outstanding Balance
$970,394
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$38,117

Purchase Details

Closed on
Jun 2, 2015
Sold by
Perkins Kimberly
Bought by
Duncan Todd C and Duncan Regina R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
3.77%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Grover Matthew H $1,200,000 None Listed On Document
Duncan Todd C $355,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grover Matthew H $1,000,000
Previous Owner Duncan Todd C $284,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2023 04/17/23 Sold $1,200,000 -11.1% $422 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
03/10/2023 03/10/23 Price Changed $1,350,000 -6.6% $475 / Sq Ft
02/09/2023 02/09/23 Price Changed $1,445,000 -4.6% $508 / Sq Ft
01/07/2023 01/07/23 Price Changed $1,515,000 -4.4% $533 / Sq Ft
12/17/2022 12/17/22 For Sale $1,585,000 -- $557 / Sq Ft
Source: Stellar MLS

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
2025 $8,385 $691,834 -- --
2024 $11,392 $672,336 -- --
2023 $11,392 $893,100 $326,400 $566,700
2022 $4,691 $358,819 $0 $0
2021 $4,658 $348,368 $0 $0
2020 $4,658 $343,558 $0 $0
2019 $4,488 $333,683 $0 $0
2018 $4,020 $297,213 $0 $0
2017 $3,998 $291,100 $115,600 $175,500
2016 $4,112 $352,300 $167,000 $185,300
2015 $4,842 $306,900 $101,800 $205,100
2014 $2,567 $170,653 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4554859

Stellar MLS

APN: 0057-09-0003

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