NOT LISTED FOR SALE

348 Avenida Madera Sarasota, FL 34242

Siesta Key Area

Estimated Value: $1,014,223

2 Beds
2.5 Baths
2,003 Sq Ft
$506/Sq Ft Est. Value

Sale Details

Date Sold: August 27, 2020

Last sale price $596,000 $298 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $6,036 / mo

203 Days on Market

Highlights

  • 70 Feet of Waterfront
  • Open Floorplan
  • Deck
  • Heated In Ground Pool
  • Canal View
  • Property is near public transit

About This Home

As of August 2020

Welcome to this warm and inviting two bedroom, two and a half bathroom canal front home which is located just steps away from the famous Siesta Key Village. After entering through the courtyard with fountain, you are immediately greeted by an open floor plan. Gorgeous and easy to care for Saltillo tile is in all living areas. After spending the day at the beach, which is within a few minutes walking distance, rinse off in the outdoor shower and lounge by the pool. On those chilly nights, light the fireplace and cozy up with a good book. Great room boasts high vaulted ceilings with beautiful wood accents. Outside storage is perfect for all your beach gear. Tons of space for entertaining. Great room could easily be converted to a third bedroom/flex space. Home is being sold turn key furnished (except for rug in great room which does not convey). Perfect for investors, snow birds, or permanent residents. Recent updates include: pool resurfacing (2006), rain gutters on back of home (2019), pool heater (2018), hot water heater (2017), laminate flooring in guest bedroom (2017), and A/C (2018).

Last Agent to Sell the Property

Christina Gaskill

COLDWELL BANKER REALTY License #3346574 Listed on: 01/02/2020

COLDWELL BANKER REALTY

Last Buyer's Agent

Christina Gaskill

COLDWELL BANKER REALTY License #3346574 Listed on: 01/02/2020

COLDWELL BANKER REALTY
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,758

Year Built

  • Built in 1957

Lot Details

  • 8,263 Sq Ft Lot
  • 70 Feet of Waterfront
  • Property fronts a saltwater canal
  • North Facing Home
  • Property is zoned RSF2

Home Design

  • Turnkey
  • Slab Foundation
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 2,003 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Rods
  • Sliding Doors
  • Combination Dining and Living Room
  • Inside Utility
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Quarry Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Driveway
  • On-Street Parking

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Shower
  • Pool Lighting

Outdoor Features

  • Access to Saltwater Canal
  • Davits
  • Seawall
  • No Wake Zone
  • Deck
  • Outdoor Storage
  • Rain Gutters

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required
  • Property is near public transit

Utilities

  • Central Air
  • Heating Available
  • Fiber Optics Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Siesta Manor Community
  • Siesta Manor Sec 1 Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,758

Year Built

Built in 1957

Lot Details

8,263 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco
  • Fireplace: Yes
  • Living Area: 2003
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 1957
  • Lot Size Sq Ft: 8263
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4454965?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4454965?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.85755
  • Price per Sq Ft: 297.55
  • Close to Original List Price Ratio: 0.82207
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Quarry Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), High Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Blinds, Rods
  • Room Count: 5
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Direction Faces: North
  • Other Structures: Storage
  • Pool Features: Gunite, Heated, In Ground, Lighting
  • Exterior Features: Outdoor Shower, Rain Gutters, Sliding Doors, Storage
  • Roof: Built-Up
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Water View: Canal
  • Water Access: Canal - Saltwater
  • Water Extras: Davits, No Wake Zone, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 70
  • Water Frontage Feet Canal Salt: 70
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway, On Street
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fiber Optics, Sewer Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Canal/Lake For Irrigation
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0081130034
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, In County, Near Public Transit
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Contact Sarasota County for leasing restrictions

Tax Info

  • Tax Annual Amount: 6758.46
  • Tax Book Number: 9-93
  • Tax Lot: 15

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2020
Closed on
Aug 27, 2020
Sold by
Bought by
Seller's Agent
Christina Gaskill
COLDWELL BANKER REALTY
Buyer's Agent
Christina Gaskill
COLDWELL BANKER REALTY
List Price
$725,000
Sold Price
$596,000
Premium/Discount to List
-$129,000
-17.79%
Current Estimated Value
$1,014,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,223
Avg. Annual Appreciation
9.36%
Original Mortgage
$390,000
Outstanding Balance
$338,144
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$676,079

Purchase Details

Closed on
Jul 21, 2003
Sold by
Bought by

Purchase Details

Closed on
Jul 14, 2003
Sold by
Bought by

Purchase Details

Closed on
Apr 7, 1997
Sold by
Bought by

Purchase Details

Closed on
Feb 18, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$596,000 Attorney
$480,000 --
-- --
-- --
-- --
$159,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $193,800
Open $390,000
Closed $390,000
Previous Owner $546,800
Previous Owner $50,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/27/2020 08/27/20 Sold $596,000 -14.2% $298 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
07/14/2020 07/14/20 Price Changed $695,000 -4.1% $347 / Sq Ft
06/29/2020 06/29/20 For Sale $725,000 0.0% $362 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
01/02/2020 01/02/20 For Sale $725,000 -- $362 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,837 $614,296
2024 $7,598 $662,083
2023 $7,598 $642,799 $0 $0
2022 $7,406 $624,077 $0 $0
2021 $7,428 $605,900 $486,100 $119,800
2020 $6,768 $507,000 $420,200 $86,800
2019 $6,758 $510,800 $368,200 $142,600
2018 $6,885 $521,900 $380,400 $141,500
2017 $6,840 $509,200 $353,300 $155,900
2016 $6,370 $463,500 $317,000 $146,500
2015 $6,146 $436,700 $307,800 $128,900
2014 $5,652 $356,400 $0 $0
Source: Public Records

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Map

Source: Stellar MLS

MLS Number: A4454965

Stellar MLS

APN: 0081-13-0034

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