NOT LISTED FOR SALE

389 Island Cir Sarasota, FL 34242

Estimated Value: $1,239,000 - $1,842,000

4 Beds
4.5 Baths
3,105 Sq Ft
$498/Sq Ft Est. Value

Last Sold July 20, 2021

Last sale price $1,249,000 $402 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $9,498/month

24 Days on Market

Highlights

  • Heated In Ground Pool
  • Granite Flooring
  • Cathedral Ceiling
  • Phillippi Shores Elementary School Rated A
  • Florida Architecture
  • Main Floor Primary Bedroom

About This Home

As of July 2021

Escape to paradise and experience the powdery white Siesta Key sand between your toes. This uniquely designed four-bedroom, four-and-a-half-bath residence on Siesta Key's Palm Island awaits you and your guests. A favorite and convenient location on the island, there's no need to move your car. Only a fourth mile to access the world-famous Siesta Beach and a half-mile to the quaint shops and restaurants in Siesta Village. This fabulous home offers a split bedroom plan with three distinct living areas; everyone's privacy is assured. The foyer entry leads to a great room with soaring ceilings anchored by a fireplace flanked by French doors, leading to a charming, screened-in lanai, a perfect place for relaxing or alfresco dining. The fabulous island kitchen was completely remodeled in 2019 and includes granite floors, Cambria delGatie quartz countertops and backsplash, all new white shaker cabinets, stainless steel appliances, induction and convection cooking and a custom-built dining banquette with built-in storage. Recently remodeled, the first-floor master suite features wood-plank tile flooring, double vanity, walk-in shower and 67-inch free-standing soaking tub. An adjoining room is as versatile as a bedroom, office or exercise room. Just off the kitchen, you'll find the interior entrance to the one-bedroom, one-bath, self-contained guest/mother-in-law unit with a private exterior entrance, full kitchen and laundry updated in 2017. Either use this space as a guesthouse or expand the interior footprint of the home. Upstairs, a 2007 renovation includes the addition of a second-floor master suite with a private screened-in lanai and direct access to your very private second-story pool, the perfect place to relax in the sun. Meander through the tropical gardens created by the current owner: specimen plants and trees, private seating areas and a prolific mango tree, reportedly with the sweetest mangoes on Siesta Key. Other upgrades include two newer HVAC (replaced in 2019 and 2020), freshly painted exterior (2021) and pool resurfaced (2021). A standing seam metal roof was added in 2007. Close to everything on Siesta Key and only 15 minutes to downtown Sarasota's many cultural amenities. There is nothing left for you to do but move in and enjoy paradise!

Last Agent to Sell the Property

Judie Berger

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0671663 Listed on: 05/16/2021

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Judie Berger

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0671663 Listed on: 05/16/2021

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,472

Year Built

  • Built in 1950

Lot Details

  • 6,608 Sq Ft Lot
  • South Facing Home
  • Property is zoned RSF2

Parking

  • 1 Car Attached Garage
  • Ground Level Parking
  • Driveway

Home Design

  • Florida Architecture
  • Key West Architecture
  • Bi-Level Home
  • Slab Foundation
  • Stem Wall Foundation
  • Metal Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,105 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Great Room
  • Den
  • Bonus Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Engineered Wood
  • Granite
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sarasota Beach Community
  • Sarasota Beach Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,472

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida, Key West
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: Yes
  • Living Area: 3105
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 1950
  • Building Area Total: 4134
  • Lot Size Sq Ft: 6608
  • Directions to Property: Beach Road to Calle del Invierno, cross Canal Rd to the Palm Island entrance. Left on Island Circle, home is down on the right on the corner of Island Circle & Las Rosas Street.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4499687?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4499687?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 402.25
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 302.13
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Engineered Hardwood, Granite, Tile
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eating Space In Kitchen, Master Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab, Stem Wall
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Yn: No
  • Street Number Modifier: 389
  • Room Count: 11
  • Additional Rooms: Bonus Room, Den/Library/Office, Great Room, Inside Utility, Interior In-Law Suite

Exterior Features

  • Direction Faces: South
  • Pool Features: Heated, In Ground
  • Exterior Features: Other
  • Roof: Metal
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0143F
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway, Ground Level
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0082050015
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Num Timesper Year: 12
  • Pet Restrictions: see Sarasota County restrictions
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: see Sarasota County restrictions

Tax Info

  • Tax Annual Amount: 6472
  • Tax Block: 1
  • Tax Book Number: 1-76
  • Tax Lot: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2021
Closed on
Jul 19, 2021
Sold by
Kalban Aaron and Kalban Elizabeth
Bought by
Otano Gilberto and Otano Rafael
Seller's Agent
Judie Berger
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Judie Berger
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$1,249,000
Sold Price
$1,249,000
Current Estimated Value
$1,547,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,327
Avg. Annual Appreciation
5.21%
Original Mortgage
$936,750
Outstanding Balance
$850,733
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$696,594

Purchase Details

Closed on
Jun 1, 2017
Bought by
Kalban Aaron

Purchase Details

Closed on
Nov 3, 1997
Sold by
Us Customs Svc
Bought by
Dangelo George F and Dangelo Dahlia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.39%

Purchase Details

Closed on
Jun 6, 1996
Sold by
Johnson Barbara A
Bought by
Us Amer

Purchase Details

Closed on
Feb 3, 1994
Sold by
Voorhees Anson E
Bought by
Johnson Ernest F and Johnson Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,390
Interest Rate
7.1%
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
Otano Gilberto $1,249,000 Attorney
Kalban Aaron $665,000 --
Dangelo George F $350,000 --
Us Amer -- --
United States Amer -- --
Johnson Ernest F $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otano Gilberto $936,750
Previous Owner Dangelo George F $280,000
Previous Owner Johnson Ernest F $77,390
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2021 07/20/21 Sold $1,249,000 0.0% $402 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $1,249,000 -- $402 / 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 $15,138 $1,219,900 $596,600 $623,300
2023 $15,138 $1,299,200 $569,400 $729,800
2022 $13,003 $1,055,800 $480,900 $574,900
2021 $6,444 $518,661 $0 $0
2020 $6,472 $511,500 $292,500 $219,000
2019 $6,409 $511,100 $238,200 $272,900
2018 $6,810 $544,400 $274,500 $269,900
2017 $7,538 $557,800 $277,900 $279,900
2016 $5,244 $577,700 $271,500 $306,200
2015 $5,340 $441,200 $177,700 $263,500
2014 $5,321 $391,443 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4499687

Stellar MLS

APN: 0082-05-0015