Seller's Agent in 2025
Tracy Srodes
FINE PROPERTIES
(813) 267-1312
2 in this area
52 Total Sales
361 Avenida Madera Sarasota, FL 34242
0.19
Acre
$5,236,842
Price per Acre
8,217
Sq Ft Lot
Highlights
- 7,580 Feet of Salt Water Canal Waterfront
- Canal View
- Access to Saltwater Canal
- Phillippi Shores Elementary School Rated A
- No HOA
- High Speed Internet
About This Lot
As of February 2025Home Damaged by recent storms. Being sold for land value. Home can be repaired and has solid bones. Roof 2011 [No leaks from recent events], Impact Windows- 2017 SELLER FINANCING WOULD BE CONSIDERED. 30% DOWN.
Water access to the Intracoastal Waterway via Grand Canal. Great location in Siesta Key Village. Just a short walk to all the village shops, restaurants and world famed #1 Siesta Key Beach, If you are looking for an investment property, this is the ideal location for travelers coming to see for themselves "what is all the fuss about Sarasota?". Nestled on a private dead-end street, this home provides a serene escape within a lively island community. Don’t miss the chance to catch sunsets at at Siesta Beach or Patriots Point Sunset Pier, just a five-minute walk away. Whether you’re drawn to the boating lifestyle or seeking a tranquil location in our beloved Siesta Key Village this is the property. Shopping, casual or fine dining, cocktails and live music is all just a short walk away. This is your opportunity to own this slice of paradise and you too will figure out "what all the fuss about Sarasota is!"
Last Agent to Sell the Property
FINE PROPERTIES Brokerage Phone: 941-782-0000 License #3487593 Listed on: 10/28/2024
Last Buyer's Agent
FINE PROPERTIES Brokerage Phone: 941-782-0000 License #3487593 Listed on: 10/28/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,628
Lot Details
- 8,217 Sq Ft Lot
- Lot Dimensions are 68x120
- 7,580 Feet of Salt Water Canal Waterfront
- Property fronts a saltwater canal
- Street terminates at a dead end
- South Facing Home
- Property is zoned RSF2
Property Views
- Canal Views
Schools
- Phillippi Shores Elementary School
- Brookside Middle School
- Sarasota High School
Utilities
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 6
- Assessor Parcel Number 0081130025
Community Details
Overview
- No Home Owners Association
- Siesta Manor Community
- Siesta Manor Sec 1 Subdivision
Recreation
- Access to Saltwater Canal
- Seawall
- Dock made with Composite Material
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 28, 2024
Closed on
Feb 10, 2025
Sold by
Mack Deborah M and Gifford Deborah M
Bought by
Polachek Heath and Polachek Victoria
Seller's Agent
Tracy Srodes
FINE PROPERTIES
Buyer's Agent
Tracy Srodes
FINE PROPERTIES
List Price
$1,150,000
Sold Price
$995,000
Premium/Discount to List
-$155,000
-13.48%
Views
60
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,501
Avg. Annual Appreciation
-6.14%
Original Mortgage
$795,000
Outstanding Balance
$790,962
Interest Rate
6.91%
Mortgage Type
Seller Take Back
Estimated Equity
$167,537
Purchase Details
Closed on
Sep 15, 1993
Sold by
Hammerling Walter E
Bought by
Mack Deborah M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
7.22%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $995,000 | Properties Title | |
| Deed | $98,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $795,000 | Seller Take Back | |
| Previous Owner | $163,000 | New Conventional | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $180,000 | New Conventional | |
| Previous Owner | $98,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/10/2025 02/10/25 | Sold | $995,000 | 0.0% | $777 / Sq Ft |
| 12/17/2024 12/17/24 | Pending | -- | -- | -- |
| 12/07/2024 12/07/24 | Price Changed | $995,000 | -5.2% | $777 / Sq Ft |
| 11/30/2024 11/30/24 | Price Changed | $1,050,000 | -3.7% | $820 / Sq Ft |
| 11/07/2024 11/07/24 | Price Changed | $1,090,000 | -5.2% | $852 / Sq Ft |
| 10/28/2024 10/28/24 | For Sale | $1,150,000 | -- | $898 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $2,628 | $225,341 | -- | -- |
| 2023 | $2,628 | $218,778 | $0 | $0 |
| 2022 | $2,532 | $212,406 | $0 | $0 |
| 2021 | $2,541 | $206,219 | $0 | $0 |
| 2020 | $2,537 | $203,372 | $0 | $0 |
| 2019 | $2,438 | $198,800 | $0 | $0 |
| 2018 | $2,370 | $195,093 | $0 | $0 |
| 2017 | $2,278 | $184,928 | $0 | $0 |
| 2016 | $2,160 | $435,400 | $315,900 | $119,500 |
| 2015 | $2,195 | $410,000 | $307,100 | $102,900 |
| 2014 | $2,185 | $167,718 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tracy Srodes
Map
Source: Stellar MLS
MLS Number: A4625795
APN: 0081-13-0025
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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