NOT LISTED FOR SALE

351 Tierra Mar Ln Unit 4 Sarasota, FL 34242

Estimated Value: $1,098,000 - $1,757,000

3 Beds
2.5 Baths
2,012 Sq Ft
$672/Sq Ft Est. Value

Last Sold December 21, 2012

Last sale price $700,000 $348 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $8,762/month

5 Days on Market

Highlights

  • Indoor Pool
  • Deck
  • End Unit
  • Phillippi Shores Elementary School Rated A
  • Wood Flooring
  • Furnished

About This Home

As of December 2012

Relax and enjoy tropical island living at its finest in this impeccably maintained townhome. Situated just 1 block south of Ocean Blvd., you are close the quaint shops and restaurants of Siesta Village. If the beach is your desire, the world famous Siesta Key Beach is located just 3 blocks away with easy access. This 3 bedroom, 2 ½ bath, 2 story townhome was built in 2006 and has much to offer. Granite countertops, stainless steel gas appliances, oak and ceramic flooring with soft carpeting in the bedrooms, separate dining area and an over-sized 2 car garage. The property is turnkey with stylish and comfortable Tommy Bahama furniture. Plenty of space with a screened lanai, open balconies and a private fenced brick patio. Intimate complex of only 6 townhomes. Opportunity for income with a 2 week rental minimum. This townhome is currently part of the rental program at Siesta 4 Rent. Booked rentals leases must be honored.

Last Agent to Sell the Property

Jamie Styers

COLDWELL BANKER REALTY License #3055710 Listed on: 12/04/2012

COLDWELL BANKER REALTY

Last Buyer's Agent

Robert Ruiz

WILLIAM RAVEIS REAL ESTATE License #3011084

WILLIAM RAVEIS REAL ESTATE

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,613

Year Built

  • Built in 2006

Lot Details

  • End Unit
  • Landscaped with Trees

HOA Fees

  • $733 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Open Parking

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,012 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Sliding Doors
  • Great Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Pool

  • Indoor Pool
  • Spa

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 0082043004

Community Details

Overview

  • Coastal Living Mgmt. Karen Williams 228 6756 Association
  • Village Place Community
  • Vlg Place Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • 2 Pets Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,613

Year Built

Built in 2006

Lot Details

0

HOA Fees

$733 per month

Parking

2

Listing Details

  • HOA Fee Includes: Other
  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2012
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 2970
  • Directions to Property: Ocean Blvd, to South on Canal Rd. Left on Avenida del Norte, Left onto Avenida de Cortez, left into Village Place.
  • Status: Sold
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: Non-Applicable
  • Home Warranty Y N: No
  • Subdivision Num: 8422
  • Property Description: End Unit
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.90323
  • Price per Sq Ft: 347.91
  • Close to Original List Price Ratio: 0.90323
  • Ratio: Current Price\Building Area Total: 235.69
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas
  • Living Area Units: Square Feet
  • Flooring: Carpet, Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Blinds
  • Street Number Modifier: 351
  • Room Count: 7
  • Additional Rooms: Great Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Indoor
  • Exterior Features: Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Oversized
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool
  • Association Name: Coastal Living Mgmt. Karen Williams 228-6756
  • Association: No
  • Security: Smoke Detector(s)
  • Condo Fees: 2200
  • Condo Fees Term: Quarterly
  • Association Fee Requirement: None

Fee Information

  • Total Annual Fees: 8800
  • Total Monthly Fees: 733.33

Schools

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

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0082043004
  • Additional Parcels: No
  • Millage Rate: 13.16
  • Future Land Use: 0403
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Minimum Lease: 2 Weeks
  • Num Timesper Year: 26
  • Expected Lease Date: 2012-12-21T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 5613
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2021
Sold by
Mirabito Richard and Mirabito Joann
Bought by
Mirabito Jeffrey and Mirabito Jason
Current Estimated Value
$1,352,365

Purchase Details

Listed on
Dec 4, 2012
Closed on
Dec 21, 2012
Sold by
Decostanzo Leonard and Decostanzo Lori
Bought by
Mirabito Richard and Mirabito Joann
Seller's Agent
Jamie Styers
COLDWELL BANKER REALTY
Buyer's Agent
Robert Ruiz
WILLIAM RAVEIS REAL ESTATE
List Price
$775,000
Sold Price
$700,000
Premium/Discount to List
-$75,000
-9.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%

Purchase Details

Closed on
Aug 27, 2008
Sold by
Decostanzo Lori and Decostanzo Leonard
Bought by
Decostanzo Leonard and Decostanzo Lori

Purchase Details

Closed on
Apr 15, 2008
Sold by
Sieger Fred W and Delia Robert F
Bought by
Leonard Decostanzo Lori and Leonard De Costanzo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2006
Sold by
Flat Land Properties Inc
Bought by
Sieger Fred W and Delia Robert F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$626,500
Interest Rate
7.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Mirabito Jeffrey -- Accommodation
Mirabito Jeffrey -- Accommodation
Mirabito Richard $700,000 Attorney
Decostanzo Leonard -- Attorney
Leonard Decostanzo Lori $750,000 None Available
Sieger Fred W $895,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leonard Decostanzo Lori $400,000
Previous Owner Sieger Fred W $626,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2012 12/21/12 Sold $700,000 -9.7% $348 / Sq Ft
12/10/2012 12/10/12 Pending -- -- --
12/04/2012 12/04/12 For Sale $775,000 -- $385 / 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 $9,971 $863,020 -- --
2023 $9,971 $841,900 $0 $841,900
2022 $9,365 $796,400 $0 $796,400
2021 $8,321 $648,400 $0 $648,400
2020 $8,159 $622,100 $0 $622,100
2019 $8,194 $629,600 $0 $629,600
2018 $8,018 $615,800 $0 $615,800
2017 $7,848 $591,600 $0 $591,600
2016 $8,331 $617,600 $0 $617,600
2015 $8,064 $581,100 $0 $581,100
2014 $7,921 $559,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3969754

Stellar MLS

APN: 0082-04-3004