$1,850,000
SOLD JAN 15, 2019
4 Beds
4 Baths
2,699 Sq Ft
0.79 Acres

Recently Sold

$685 Per Sq Ft

6% Below List Price

381 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Boat Dock
  • 0.79 Acre Lot
  • Southside Elementary School Rated A
  • Access To Intracoastal Waterway
  • 4-minute walk to Red Rock Park

About This Home

As of October 2021

San Remo Estates, made up of 67 beautiful homesites, hosts the deepest water yacht basin in all of Sarasota. Perfectly located on the largest lot in San Remo, this wonderful waterfront property that measures nearly .8 of an acre. Finding a deep water parcel this expansive and close to downtown is very rare and unique. The existing mid-century home was built in 1956, the same year Norma Jean Mortenson legally changed her name to Marilyn Monroe. Times were simpler than when Sarasota was a sleepy sub-tropical oceanside town. Much has changed since then with the expanded development of the barrier islands and the enrichment of the local arts and culture. This property would allow for the original home, with all its vintage features, to be lovingly restored, or a new, state-of-the-art, ultra-contemporary residence with a guest house and pool to be designed, constructed and furnished. Either way, this waterfront property can accommodate mid-size motor yachts, large offshore center console vessels or deep keel sailboats. The seawall frontage is 100 feet on the basin and the existing dock and pilings are in decent shape. A recent appraisal has been completed with a valuation of $1,950,000. The neighborhood of San Remo is lush with old Florida growth trees and plantings and the peaceful, low traffic location is just minutes away from highly rated restaurants, grocery stores, fitness clubs, live theatre, specialty retailers, cinemas, medical facilities and the #1 rated beach.

Last Agent to Sell the Property

Thomas Netzel

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3237935 Listed on: 11/17/2017

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Toni Zarghami

KW COASTAL LIVING III License #3283821

KW COASTAL LIVING III

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,068

Year Built

  • Built in 1956

Lot Details

  • 0.79 Acre Lot
  • 100 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • East Facing Home
  • Irrigation
  • Property is zoned RSF1

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Oversized Parking

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,699 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Wood Burning Fireplace
  • Blinds
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage Room

Kitchen

  • Built-In Oven
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Dishwasher
  • Solid Wood Cabinet

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • No Fixed Bridges
  • Seawall
  • Minimum Wake Zone
  • Dock made with wood
  • Open Dock
  • Deck
  • Enclosed Patio or Porch

Location

  • City Lot

Schools

  • Southside Elementary School
  • Brookside Middle School
  • Riverview High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • San Remo Estates Association
  • San Remo Estates Community
  • San Remo Estates Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock
  • Community Boat Slip

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,068

Year Built

Built in 1956

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • HOA Fee Includes: Other
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2699
  • Lot Size Acres: 0.79
  • New Construction: No
  • Year Built: 1956
  • Building Area Total: 3605
  • Lot Size Sq Ft: 34549
  • Directions to Property: From 41 go West on Siesta Drive approximately 1/4 mile, then turn South on Tangier Terrace.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4201475&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4201475&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-364-4014
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.94148
  • Price per Sq Ft: 685.44
  • Close to Original List Price Ratio: 0.93671
  • Ratio: Current Price\Building Area Total: 513.18
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Other, Vinyl
  • Full Bathrooms: 4
  • Interior Amenities: Built in Features, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom
  • Appliances Included: Built-In Oven, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Oven, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 3850
  • Room Count: 7
  • Additional Rooms: Family Room, Great Room, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Irrigation System
  • Roof: Shingle
  • Pool Private: No
  • Water Body Name: Intracoastal Waterway
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Enclosed, Patio, Porch, Screened
  • Water Access: Bay/Harbor, Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges, Dock - Open, Dock - Wood, Minimum Wake Zone, Seawall - Concrete
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0141F
  • Waterfront Frontage: 100
  • Water Frontage Feet Bay Harbor: 100
  • Disclosures: HOA/PUD/Condo Disclosure, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Oversized, Parking Pad
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Water Access, Waterfront Complex
  • Association Amenities: Boat Slip, Boat Dock
  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Association Name: San Remo Estates
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 150
  • Monthly HOA Fee: 12.5
  • Total Monthly Fees: 12.5

Schools

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

Lot Info

  • Zoning: RSF1
  • Parcel Number: 2039140020
  • Additional Parcels: No
  • Lot Features: City Lot
  • Millage Rate: 16.38
  • Flood Zone Code: A13
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 27068
  • Tax Book Number: 9-12
  • Tax Lot: 15

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2020
Closed on
Oct 20, 2021
Sold by
Property Hub Holdings Llc
Bought by
Busse Keith E
Seller's Agent
Toni Zarghami
KW COASTAL LIVING III
Buyer's Agent
Toni Zarghami
KW COASTAL LIVING III
List Price
$5,750,000
Sold Price
$5,908,000
Premium/Discount to List
$158,000
2.75%
Current Estimated Value
$7,808,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,900,802
Avg. Annual Appreciation
8.87%

Purchase Details

Listed on
Nov 17, 2017
Closed on
Jan 15, 2019
Sold by
Tangier Associates Llc
Bought by
Property Hub Holdings Llc
Seller's Agent
Thomas Netzel
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Toni Zarghami
KW COASTAL LIVING III
List Price
$1,975,000
Sold Price
$1,850,000
Premium/Discount to List
-$125,000
-6.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.84%

Purchase Details

Listed on
Nov 17, 2017
Closed on
Jan 11, 2019
Sold by
Dudney Madelaine
Bought by
Property Hub Holdings Llc
Seller's Agent
Thomas Netzel
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Toni Zarghami
KW COASTAL LIVING III
List Price
$1,975,000
Sold Price
$1,850,000
Premium/Discount to List
-$125,000
-6.33%

Purchase Details

Listed on
Nov 17, 2017
Closed on
Jan 7, 2019
Sold by
Amontree Thomas
Bought by
Property Hub Holdings Llc
Seller's Agent
Thomas Netzel
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Toni Zarghami
KW COASTAL LIVING III
List Price
$1,975,000
Sold Price
$1,850,000
Premium/Discount to List
-$125,000
-6.33%

Purchase Details

Closed on
Jun 9, 2010
Sold by
Amontree Michael J and Amontree Thomas
Bought by
Tangier Associates Llc
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $5,908,000 Attorney
Warranty Deed $1,850,000 Attorney
Quit Claim Deed -- Attorney
Quit Claim Deed -- Attorney
Quit Claim Deed -- Attorney
Deed Of Distribution -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2021 10/25/21 Sold $5,908,000 0.0% $971 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
08/31/2021 08/31/21 Off Market $5,908,000 -- --
11/09/2020 11/09/20 Pending -- -- --
09/04/2020 09/04/20 Off Market $5,908,000 -- --
06/11/2020 06/11/20 For Sale $5,750,000 +210.8% $945 / Sq Ft
01/15/2019 01/15/19 Sold $1,850,000 -5.9% $685 / Sq Ft
12/04/2018 12/04/18 Pending -- -- --
03/16/2018 03/16/18 Price Changed $1,965,000 -0.5% $728 / Sq Ft
11/17/2017 11/17/17 For Sale $1,975,000 -- $732 / 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 $85,552 $6,192,296 -- --
2023 $85,552 $5,887,300 $2,965,400 $2,921,900
2022 $77,033 $5,117,600 $2,492,300 $2,625,300
2021 $25,224 $1,639,800 $1,625,800 $14,000
2020 $23,351 $1,460,200 $1,446,200 $14,000
2019 $23,136 $1,430,800 $1,374,800 $56,000
2018 $25,286 $1,561,200 $1,348,800 $212,400
2017 $27,068 $1,570,181 $0 $0
2016 $26,540 $1,799,200 $1,598,000 $201,200
2015 $25,021 $1,669,600 $1,477,600 $192,000
2014 $20,307 $1,395,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4201475

Stellar MLS

APN: 2039-14-0020