NOT LISTED FOR SALE

3915 Somerset Dr Sarasota, FL 34242

Estimated Value: $1,546,000 - $1,811,096

3 Beds
3.5 Baths
2,758 Sq Ft
$621/Sq Ft Est. Value

Last Sold September 23, 2014

Last sale price $760,000 $276 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $10,807/month

277 Days on Market

Highlights

  • Access To Intracoastal Waterway
  • Deeded Boat Dock
  • Home fronts a pond
  • Phillippi Shores Elementary School Rated A
  • Heated Pool
  • Pond View

About This Home

As of September 2014

You can have your own exclusive private paradise here in Somerset Cove on Siesta Key! Gated and maintenance-free enclave of 11 homes! Lush foliage, 2 ponds/fountains, a gas heated swimming pool! This home offers a deep water deeded dock on Nettie Bayou with an 8,000lb boat lift! .Accomodates a 35 foot boat! No bridges to Bay. Features granite counter tops, Ray Routh kitchen cabinets,marble flooring,custom built solid ash wood bookshelves, custom closets,new carpeting,vaulted ceilings, and a bonus/game room of 720sf. AC systems,insulated and hurricane resistant garage door, stainless steel kitchen appliances, water heater are just 4 years new! Natural gas connection available for kitchen appliances.Wood burning fireplace. Screened in deck for outdoor dining! Loft with built in desk/work station!Extensive closet/storage space.ELEVATOR SHAFT READY. Move right in and enjoy this island paradise!

Last Agent to Sell the Property

Livya Hament

PREFERRED SHORE LLC Brokerage Phone: 941-349-4411 License #3216145 Listed on: 10/27/2013

PREFERRED SHORE LLC

Last Buyer's Agent

Patti O Grady

WATERSIDE REALTY LLC License #3127396

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,784

Year Built

  • Built in 1993

Lot Details

  • 0.25 Acre Lot
  • Home fronts a pond
  • South Facing Home
  • Mature Landscaping
  • Irrigation
  • Zero Lot Line

HOA Fees

  • $813 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Property Views

  • Pond
  • Garden

Home Design

  • Tri-Level Property
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,758 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Thermal Windows
  • Blinds
  • Sliding Doors
  • Game Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Heated Pool
  • Spa

Outdoor Features

  • Access To Intracoastal Waterway
  • Sailboat Water Access
  • No Fixed Bridges
  • Deeded Boat Dock
  • Deck
  • Covered Patio or Porch

Location

  • Flood Zone Lot
  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 0078031009

Community Details

Overview

  • Association fees include pool, escrow reserves fund, insurance, maintenance structure, pest control
  • Somerset Community
  • Somerset Cove Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,784

Year Built

Built in 1993

Lot Details

0

HOA Fees

$813 per month

Parking

2

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Pest Control
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2758
  • New Construction: No
  • Year Built: 1993
  • Building Area Total: 4444
  • Directions to Property: South on Higel, left on Somerset Drive. House on left.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • List Office Head Office Key Nume: 1046744
  • Minimum Lease: 8-12 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 275.56
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • MFR_DockDescription: Dock - Slip Deeded On-Site
  • Attribution Contact: 941-349-4411
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Marble
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Solid Surface Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two, Three Or More
  • Spa Yn: Yes
  • Window Features: Blinds, Thermal Windows, Window Treatments
  • Street Number Modifier: 3915
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Game Room
  • Living Area Meters: 256.23
  • Room Count: 10

Exterior Features

  • Direction Faces: South
  • Pool Features: Heated
  • Exterior Features: Irrigation System, Sliding Doors
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: No
  • View: Garden, Water
  • Water Body Name: NETTIE BAYOU
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water Access: Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges,Sailboat Water
  • Water Extras YN: 1
  • Water View: Pond
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Cable Available, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association: No
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Senior Community: No
  • Pet Restrictions: 1
  • Association Fee Requirement: None
  • Condo Fees: 2440
  • Monthly Condo Fee Amount: 813
  • Pet Size: Medium (36-60 Lbs.)

Fee Information

  • Total Annual Fees: 9760.00
  • Total Monthly Fees: 813.33
  • Monthly HOA Amount: 813.33

Lot Info

  • Parcel Number: 0078031009
  • Additional Parcels: No
  • Lot Features: FloodZone, Near Public Transit, Zero Lot Line
  • Homestead YN: 1
  • Zoning Compatible YN: 1
  • Future Land Use: 0401

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 5784
  • Tax Book Number: 0028/0034
  • Tax Lot: 9

Multi Family

  • Waterfront Features: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2013
Closed on
Sep 19, 2014
Sold by
Hament John M and Hament Livya
Bought by
Keogh Joseph and Keogh Anna V
Seller's Agent
Livya Hament
PREFERRED SHORE LLC
Buyer's Agent
Patti O Grady
WATERSIDE REALTY LLC
List Price
$862,000
Sold Price
$760,000
Premium/Discount to List
-$102,000
-11.83%
Current Estimated Value
$1,712,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$952,274
Avg. Annual Appreciation
7.73%

Purchase Details

Closed on
Jul 19, 2002
Sold by
Stein Barry J and Stein Georgette L
Bought by
Hament John M and Hament Livya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.67%

Purchase Details

Closed on
Jan 8, 1996
Sold by
Fl W Dev Inc
Bought by
Stein Barry J and Stein Georgette L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
7.29%
Source: Public Records

Range of Values:

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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
Keogh Joseph $760,000 Attorney
Hament John M $625,000 --
Stein Barry J $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stein Barry Jay $165,000
Previous Owner Hament John M $265,000
Previous Owner Stein Barry Jay $325,600
Previous Owner Stein Barry J $203,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2014 09/23/14 Sold $760,000 -3.5% $276 / Sq Ft
08/01/2014 08/01/14 Pending -- -- --
07/19/2014 07/19/14 Price Changed $787,500 -0.6% $286 / Sq Ft
06/24/2014 06/24/14 Price Changed $792,500 -0.3% $287 / Sq Ft
05/25/2014 05/25/14 Price Changed $795,000 -3.0% $288 / Sq Ft
05/07/2014 05/07/14 Price Changed $819,900 -0.6% $297 / Sq Ft
04/20/2014 04/20/14 Price Changed $824,900 -2.4% $299 / Sq Ft
04/05/2014 04/05/14 Price Changed $844,900 -0.6% $306 / Sq Ft
02/22/2014 02/22/14 Price Changed $849,900 -1.2% $308 / Sq Ft
02/15/2014 02/15/14 Price Changed $859,900 -0.1% $312 / Sq Ft
02/09/2014 02/09/14 Price Changed $860,600 0.0% $312 / Sq Ft
02/05/2014 02/05/14 Price Changed $860,700 0.0% $312 / Sq Ft
01/20/2014 01/20/14 Price Changed $860,800 0.0% $312 / Sq Ft
01/12/2014 01/12/14 Price Changed $860,900 0.0% $312 / Sq Ft
01/10/2014 01/10/14 Price Changed $861,000 0.0% $312 / Sq Ft
01/05/2014 01/05/14 Price Changed $861,100 0.0% $312 / Sq Ft
01/01/2014 01/01/14 Price Changed $861,200 0.0% $312 / Sq Ft
12/26/2013 12/26/13 Price Changed $861,300 0.0% $312 / Sq Ft
12/21/2013 12/21/13 Price Changed $861,400 0.0% $312 / Sq Ft
12/16/2013 12/16/13 Price Changed $861,500 0.0% $312 / Sq Ft
12/06/2013 12/06/13 Price Changed $861,600 0.0% $312 / Sq Ft
12/01/2013 12/01/13 Price Changed $861,700 0.0% $312 / Sq Ft
11/30/2013 11/30/13 Price Changed $861,800 0.0% $312 / Sq Ft
11/18/2013 11/18/13 Price Changed $861,900 0.0% $313 / Sq Ft
10/27/2013 10/27/13 For Sale $862,000 -- $313 / 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 $7,982 $719,699 -- --
2023 $7,982 $664,937 $0 $0
2022 $8,175 $679,370 $0 $0
2021 $7,459 $599,680 $0 $0
2020 $7,496 $591,400 $0 $591,400
2019 $7,754 $616,853 $0 $0
2018 $7,605 $605,351 $0 $0
2017 $7,575 $592,900 $0 $592,900
2016 $8,757 $638,700 $0 $638,700
2015 $8,557 $606,800 $0 $606,800
2014 $5,786 $425,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3986747

Stellar MLS

APN: 0078-03-1009