NOT LISTED FOR SALE

Estimated Value: $4,870,139 - $5,378,000

5 Beds
4.5 Baths
4,489 Sq Ft
$1,127/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $2,725,000 $607 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $31,397/month

5 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Heated In Ground Pool
  • Southside Elementary School Rated A
  • Boat Lift
  • Canal View

About This Home

As of March 2020

Welcome home to this custom waterfront residence tucked away in the sought-after neighborhood of St. Armands John Ringling Estates. Enter the grand foyer to elegant living space with designer touches throughout. Generous square footage is perfect for Florida living and large get-togethers. The roomy gourmet kitchen is a chef’s delight with gas five burner cooktop, granite counters, large breakfast bar, all-wood cabinetry, & high-end stainless appliances. Enjoy the living room and outdoor patio which has a newly installed fully outdoor kitchen and fireplace. Unwind in the first-floor master wing with bedroom water views and spa-like bath, with dual sinks, jetted soaking tub, walk-in shower and 2 large walk-in closets. Three second-story ensuite bedrooms with the 4th currently being used as media/guest room. Don’t miss the bonus/workout room with balcony water views. Adventure up the spiral staircase to the rooftop deck to catch the Gulf sunsets every evening. Custom interior & exterior paint, new carpet & wood flooring, and new outdoor kitchen are just a few of the upgrades. This home fits perfectly among its surroundings with wrap around lush new landscaping, sunset waterfront views with visiting manatees. Enjoy the impressive outdoor space, with heated pool and spa, and the newly installed Trex dock & boat lift. Just around the corner are the beautiful Gulf-front beaches of Lido Key, shopping & fine dining at St. Armands Circle & minutes to The Sarasota Yacht Club, Ringling Bridge and Downtown Sarasota.

Last Agent to Sell the Property

Liz Arme

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3056405 Listed on: 01/23/2020

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Bernadette Caswell

MICHAEL SAUNDERS & COMPANY License #3060210

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,713

Year Built

  • Built in 2008

Lot Details

  • 8,081 Sq Ft Lot
  • 100 Feet of Waterfront
  • Property fronts a saltwater canal
  • Northeast Facing Home
  • Landscaped with Trees
  • Property is zoned RSF2

Parking

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

Home Design

  • Spanish Architecture
  • Stem Wall Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,489 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Shutters
  • Great Room
  • Family Room Off Kitchen
  • Formal Dining Room
  • Bonus Room
  • Inside Utility
  • Laundry Room
  • Canal Views

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Travertine

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Child Gate Fence
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Fixed Bridges
  • Access to Saltwater Canal
  • Dock has access to water
  • Seawall
  • Boat Lift
  • Dock made with Composite Material
  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Outdoor Grill

Location

  • Flood Zone Lot
  • City Lot

Schools

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

Utilities

  • Humidity Control
  • Forced Air Zoned Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Propane
  • Electric Water Heater
  • Fiber Optics Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Rare Properties
  • Saint Armands Division John Ringling Estates Community
  • Saint Armands DIV John Ringling Estates Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,713

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 4489
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 2008
  • Building Area Total: 5584
  • Lot Size Sq Ft: 8081
  • Directions to Property: John Ringling Blvd. west, left on S. Washington Dr. Home is on the left.
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4457404?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4457404?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Call Center Phone Number: 941-364-4014
  • Ratio: Close Price\List Price: 0.97321
  • Price per Sq Ft: 607.04
  • Close to Original List Price Ratio: 0.97321
  • Ratio: Current Price\Building Area Total: 488
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas
  • Living Area Units: Square Feet
  • Flooring: Carpet, Engineered Hardwood, Travertine
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • 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, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Convection Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Other, Refrigerator
  • Foundation Details: Stem Wall
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Shutters, Window Treatments
  • Street Number Modifier: 353
  • Room Count: 9
  • Additional Rooms: Bonus Room, Formal Dining Room Separate, Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northeast
  • Other Structures: Outdoor Kitchen
  • Pool Features: Child Safety Fence, Heated, In Ground, Lighting
  • Exterior Features: Outdoor Grill, Outdoor Kitchen
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio
  • Road Surface Type: Paved
  • Water View: Canal
  • Water Access: Bay/Harbor, Canal - Saltwater, Gulf/Ocean, Intracoastal Waterway
  • Water Extras: Bridges - Fixed, Dock - Composite, Dock w/Electric, Dock w/Water Supply, Lift, Seawall - Concrete, Seawall - Other
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 100
  • Water Frontage Feet Canal Salt: 100
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, On Street
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Fiber Optics, Propane, Public, Sewer Connected, Underground Utilities
  • Cooling: Central Air, Humidity Control, Zoned
  • Heating: Central, Electric, Zoned
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Water Access, Waterfront
  • Association: No
  • Security: Closed Circuit Camera(s), Security System, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 2016040037
  • Additional Parcels: No
  • Lot Features: FloodZone, City Lot, Sidewalk
  • Flood Zone Code: AE
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Rare Properties

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Check with City of Sarasota about current rental restrictions

Tax Info

  • Tax Annual Amount: 26713
  • Tax Block: 10
  • Tax Book Number: 2-30
  • Tax Lot: 8

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2021
Sold by
Obrien Kevin R and Obrien Eileen A
Bought by
Obrien Kevin R and Obrien Eileen A
Current Estimated Value
$5,059,046

Purchase Details

Closed on
May 7, 2021
Sold by
Pai Gow Gordon Enterprises Fl Llc
Bought by
Obrien Kevin R

Purchase Details

Listed on
Jan 23, 2020
Closed on
Mar 6, 2020
Sold by
Ray Hugh Jefferson and Ray Cynthia Scott
Bought by
Pai Gow Gordon Enterprises Llc
Seller's Agent
Liz Arme
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Bernadette Caswell
MICHAEL SAUNDERS & COMPANY
List Price
$2,800,000
Sold Price
$2,725,000
Premium/Discount to List
-$75,000
-2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.91%

Purchase Details

Listed on
Jul 24, 2017
Closed on
Dec 29, 2017
Sold by
Yuigi Holdings Llc
Bought by
Ray Hugh Jeffwerson and Ray Cynthia Scott
Seller's Agent
Rory McDonald
PREFERRED SHORE LLC
Buyer's Agent
Liz Arme
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$2,495,000
Sold Price
$2,275,000
Premium/Discount to List
-$220,000
-8.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%

Purchase Details

Closed on
Jan 14, 2016
Sold by
Stuart Graham
Bought by
Yogi Holdings Llc

Purchase Details

Closed on
Feb 9, 2009
Sold by
Rare Properties Llc
Bought by
Yogi Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,920,000
Interest Rate
5.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2006
Sold by
Rapalavicius Rosanna
Bought by
Rare Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2005
Sold by
Middleton Irene V and Rapalavicius Rosanna
Bought by
Rapalavicius Rosanna
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
Obrien Kevin R -- Accommodation
Obrien Kevin R -- Accommodation
Pai Gow Gordon Enterprises Llc $2,725,000 Attorney
Ray Hugh Jeffwerson $2,275,000 Attorney
Yogi Holdings Llc -- None Available
Yogi Holdings Llc $2,450,000 Attorney
Rare Properties Llc $1,225,000 None Available
Rapalavicius Rosanna -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yogi Holdings Llc $1,920,000
Previous Owner Rare Properties Llc $2,010,000
Previous Owner Rare Properties Llc $1,650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2020 03/06/20 Sold $2,725,000 -2.7% $607 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $2,800,000 +23.1% $624 / Sq Ft
08/17/2018 08/17/18 Off Market $2,275,000 -- --
01/04/2018 01/04/18 Sold $2,275,000 -5.2% $508 / Sq Ft
12/14/2017 12/14/17 Pending -- -- --
10/31/2017 10/31/17 Price Changed $2,399,999 -3.8% $536 / Sq Ft
07/23/2017 07/23/17 For Sale $2,495,000 -- $557 / 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 $48,538 $3,387,348 -- --
2023 $48,538 $3,288,687 $0 $0
2022 $47,491 $3,192,900 $1,488,600 $1,704,300
2021 $34,360 $2,186,600 $966,200 $1,220,400
2020 $27,399 $1,731,223 $0 $0
2019 $26,713 $1,692,300 $725,000 $967,300
2018 $27,240 $1,720,200 $725,000 $995,200
2017 $25,050 $1,528,900 $700,300 $828,600
2016 $25,267 $1,558,800 $693,400 $865,400
2015 $22,983 $1,346,100 $608,000 $738,100
2014 $31,358 $1,970,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4457404

Stellar MLS

APN: 2016-04-0037