NOT LISTED FOR SALE

3914 Somerset Dr Unit 11 Sarasota, FL 34242

Estimated Value: $1,488,000 - $1,778,000

3 Beds
3.5 Baths
2,758 Sq Ft
$587/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $1,100,000 $399 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $11,256/month

15 Days on Market

Highlights

  • Water Views
  • Assigned Boat Slip
  • Boat Lift
  • Phillippi Shores Elementary School Rated A
  • Access To Intracoastal Waterway
  • Gated Community

About This Home

As of April 2021

Live the Island Life! MINUTES TO SIESTA VILLAGE AND BEACH with DEEDED DOCK AND BOAT LIFT! This one-of-a-kind, rarely available 3 bedroom 3.5 bath condo is located in gated Somerset Cove on the North end of Siesta Key. You'll have DIRECT ACCESS TO THE BAY,INTERCOASTAL AND GULF FROM YOUR DEEDED 35’ BOAT DOCK with electric, water and 17,500 lb lift. Somerset Cove is a small enclave of eleven residences just two blocks walk to Shell Road beach and a minutes bike ride to Siesta Key Village or Beach. The condo is perfect for the buyer who prefers the spaciousness of a single-family home without the maintenance! The remodeled interior has a modern feel with soaring ceilings and natural light throughout and boasts 2,758 sq ft under air and 3 en-suite bedrooms. The stylish, completely remodeled modern kitchen with island is perfect for entertaining guests after a day on the water and features new high-end stainless-steel appliances including an induction range with a double convection oven. The outdoor screened lanai is a peaceful oasis surrounded by luscious tropical landscaping, an ideal spot to enjoy a morning beverage or simply relax in the Siesta Key island breezes. Upper level loft area could be used as an office or extra guest space. 2 car garage and additional finished space on the ground living level could be used as a theater or game room or just extra storage area for all your kayaks and gear. For those who don’t prefer to take the stairs, there’s also a PRIVATE ELEVATOR! The community also has a heated pool with paver deck and bathrooms for outdoor relaxation and refreshment. Your Siesta Key BOAT AND BEACH dream home awaits!!

Last Agent to Sell the Property

Darren Dowling

BEYOND REALTY LLC License #3338622 Listed on: 02/01/2021

Last Buyer's Agent

Georgia Salaverri

COLDWELL BANKER REALTY License #0705963

COLDWELL BANKER REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,078

Year Built

  • Built in 1993

Lot Details

  • End Unit
  • West Facing Home
  • Mature Landscaping

HOA Fees

  • $1,207 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Water
  • Woods

Home Design

  • Florida Architecture
  • Slab Foundation
  • Slate Roof
  • Block Exterior

Interior Spaces

  • 2,758 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Bar Fridge
  • High Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • Bonus Room

Kitchen

  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Access To Intracoastal Waterway
  • Seawall
  • Boat Lift
  • Assigned Boat Slip
  • Screened Patio
  • Exterior Lighting
  • Outdoor Grill

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance repairs, pest control, pool maintenance
  • Argus Property Management 941 927 6464 Association
  • Visit Association Website
  • Somerset Cove Community
  • Somerset Cove Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Pool

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,078

Year Built

Built in 1993

Lot Details

0

HOA Fees

$1,207 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Pest Control, Pool Maintenance
  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Florida
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 2758
  • New Construction: No
  • Year Built: 1993
  • Building Area Total: 4444
  • Directions to Property: Driving Directions: Siesta Drive to Higel. Gate Code Required. Second unit immediately to the right of gate.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4490212?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4490212?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Property Description: End Unit
  • Ratio: Close Price\List Price: 0.93617
  • Price per Sq Ft: 398.84
  • Close to Original List Price Ratio: 0.93617
  • Ratio: Current Price\Building Area Total: 247.52
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Fireplace Features: Electric
  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Elevator, High Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Thermostat, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Stories: 2
  • Street Number Modifier: 3914
  • Room Count: 6
  • Additional Rooms: Bonus Room

Exterior Features

  • Direction Faces: West
  • Exterior Features: Lighting, Outdoor Grill, Sliding Doors
  • Roof: Slate
  • Pool Private: No
  • View: Trees/Woods, Water
  • Waterfront: No
  • Patio and Porch Features: Screened
  • Road Surface Type: Paved
  • Water Access: Intracoastal Waterway
  • Water Extras: Assigned Boat Slip, Lift, Seawall - Concrete
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community, Pool, Water Access
  • Association Fee Frequency: Quarterly
  • Association Name: Argus Property Management 941-927-6464
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 3621
  • Condo Fees Term: Quarterly
  • Association Website: argusmgmt.com
  • Monthly Condo Fee Amount: 1207
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 14484
  • Total Monthly Fees: 1207

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0078031011
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Minimum Lease: 8-12 Months
  • Approval Process: Check with management company See additional docs on Argusmgmt.com web site under Somerset Cove
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Check with management company See additional docs on Argusmgmt.com web site under Somerset Cove

Tax Info

  • Tax Annual Amount: 8078.24
  • Tax Book Number: 2196-753
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
Apr 9, 2021
Sold by
Mcintyre James and Mcintyre Mollie
Bought by
Bruno Stephanie Stoddard and Stephanie Stoddard Bruno Trust
Seller's Agent
Darren Dowling
BEYOND REALTY LLC
Buyer's Agent
Georgia Salaverri
COLDWELL BANKER REALTY
List Price
$1,175,000
Sold Price
$1,100,000
Premium/Discount to List
-$75,000
-6.38%
Current Estimated Value
$1,620,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$520,228
Avg. Annual Appreciation
10.57%
Original Mortgage
$500,000
Outstanding Balance
$387,803
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,320,154

Purchase Details

Listed on
Jul 14, 2017
Closed on
Sep 7, 2017
Sold by
Hansen John R and Hansen Patricia A
Bought by
Mcintyre James and Mcintyre Mollie
Seller's Agent
Robert Ruiz
WILLIAM RAVEIS REAL ESTATE
Buyer's Agent
Ron Noce
HORIZON REALTY INTERNATIONAL
List Price
$865,000
Sold Price
$840,000
Premium/Discount to List
-$25,000
-2.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%
Original Mortgage
$588,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 30, 2016
Sold by
Fleeman David and Fleeman Kathryn
Bought by
Hansen John R and Hansen Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,750
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2015
Sold by
Condon Garry P and Condon Linda A
Bought by
Fleeman David and Fleeman Kathryn

Purchase Details

Listed on
Apr 10, 2012
Closed on
Jul 26, 2012
Sold by
Winsler Robert J and Winsler Roberta A
Bought by
Condon Garry P and Condon Linda A
Seller's Agent
Michael Hays
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Sarah McGuire
WHITE SANDS REALTY GROUP FL
List Price
$515,000
Sold Price
$515,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.59%
Original Mortgage
$309,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2000
Sold by
Mosti Luciano and Barber Katherine T
Bought by
Winsler Robert J and Winsler Roberta A

Purchase Details

Closed on
Apr 30, 1994
Sold by
Fl W Dev Inc
Bought by
Mosti Luciano and Barber Katherine T
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
Bruno Stephanie Stoddard $1,100,000 Attorney
Mcintyre James $840,000 Attorney
Hansen John R $825,000 Attorney
Fleeman David $642,500 Attorney
Condon Garry P $515,000 Msc Title Inc
Winsler Robert J $485,000 --
Mosti Luciano $399,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bruno Stephanie Stoddard $500,000
Previous Owner Mcintyre James $85,700
Previous Owner Mcintyre James $588,000
Previous Owner Hansen John R $618,750
Previous Owner Condon Garry P $309,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $1,100,000 -6.4% $399 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $1,175,000 +39.9% $426 / Sq Ft
08/17/2018 08/17/18 Off Market $840,000 -- --
09/19/2017 09/19/17 Sold $840,000 -2.9% $305 / Sq Ft
07/24/2017 07/24/17 Pending -- -- --
07/14/2017 07/14/17 For Sale $865,000 +68.0% $314 / Sq Ft
07/26/2012 07/26/12 Sold $515,000 0.0% $187 / Sq Ft
06/22/2012 06/22/12 Pending -- -- --
04/10/2012 04/10/12 For Sale $515,000 -- $187 / 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 $14,653 $1,271,831 -- --
2023 $14,653 $1,244,600 $0 $1,244,600
2022 $12,962 $1,051,100 $0 $1,051,100
2021 $8,278 $666,895 $0 $0
2020 $8,323 $657,687 $0 $0
2019 $8,078 $642,900 $0 $642,900
2018 $8,399 $669,000 $0 $669,000
2017 $8,788 $652,700 $0 $652,700
2016 $8,775 $640,100 $0 $640,100
2015 $7,684 $561,700 $0 $561,700
2014 -- $423,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Darren Dowling

    Seller's Agent in 2021

    Darren Dowling

    BEYOND REALTY LLC

    (941) 204-0493

    4 in this area

    161 Total Sales

    Darren Dowling
    Section Image
  • Georgia Salaverri

    Buyer's Agent in 2021

    Georgia Salaverri

    COLDWELL BANKER REALTY

    (941) 260-6429

    9 in this area

    125 Total Sales

    Georgia Salaverri
    Section Image

  • R

    Seller's Agent in 2017

    Robert Ruiz

    WILLIAM RAVEIS REAL ESTATE

    (941) 894-1255

    31 in this area

    66 Total Sales

    Robert Ruiz
    Section Image
  • Ron Noce

    Buyer's Agent in 2017

    Ron Noce

    HORIZON REALTY INTERNATIONAL

    (941) 518-3952

    28 Total Sales

    Ron Noce
    Section Image

  • S

    Buyer Co-Listing Agent in 2017

    Susan Noce

    HORIZON REALTY INTERNATIONAL

    (941) 518-3954

    25 Total Sales

    Susan Noce
    Section Image
  • Michael Hays

    Seller's Agent in 2012

    Michael Hays

    Michael Saunders

    (941) 376-1826

    5 in this area

    32 Total Sales

    Michael Hays
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4490212

Stellar MLS

APN: 0078-03-1011

Florida Sarasota County Sarasota 34242

3914 Somerset Dr Unit 11, Sarasota, FL

This home is located at 3914 Somerset Dr Unit 11, Sarasota, FL 34242 since 01 February 2021 and is currently estimated at $1,620,228, approximately $587 per square foot. This property was built in 1993. 3914 Somerset Dr Unit 11 is a home located in Sarasota County with nearby schools including Phillippi Shores Elementary School, Brookside Middle School, and Sarasota High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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