NOT LISTED FOR SALE

3939 Higel Ave Sarasota, FL 34242

Estimated Value: $3,241,871 - $4,475,000

3 Beds
2 Baths
2,765 Sq Ft
$1,436/Sq Ft Est. Value

Last Sold May 16, 2019

Last sale price $499,900 $181 Per Sq Ft

Est. 694% increase in value since last sale

Current estimated payment $24,785/month

62 Days on Market

Highlights

  • Additional Residence on Property
  • Property is near public transit
  • No HOA
  • Phillippi Shores Elementary School Rated A
  • Ranch Style House
  • Mature Landscaping

About This Home

As of May 2019

Experience island living in one of the most desirable locations on Siesta Key! Nestled on nearly a half acre lot surrounded by lush tropical landscaping, this 3BR/2BA Old Florida style home + guest cottage is situated perfectly between the Coconut Bayou & Shell Beach and offers the best of both worlds. Some of the most beautiful white sandy beaches are located just minutes away and for the nature lover's, there's the option of taking the kayaks or boat out for an absolutely phenomenal tour of the Bay. The main residence offers a light and bright floor plan with tile flooring throughout the main living areas, a spacious living room with a modern fireplace, separate dining area, sizable bedrooms with plenty of closet space and a galley style kitchen with a closet pantry and ample cabinet space. The 1BR/1BA guest cottage is perfect for hosting guests or in-laws and even offers the potential for rental income. The home features a galley style kitchen that overlooks the dining area and cozy living room, inside laundry area with plenty of storage space and a generous master bedroom with dual closets and separate sitting area. You can't beat the location! A private retreat, yet close to many desirable beaches, restaurants and shops! All Information recorded in the MLS is intended to be accurate but cannot be guaranteed, buyer advised to verify. Sold As-Is.

Last Agent to Sell the Property

Ronald Stafford

ALL FLORIDA PROPERTY GROUP,INC License #583081 Listed on: 02/21/2019

Last Buyer's Agent

Chris Lind

LOKATION License #3234333

LOKATION

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,462

Year Built

  • Built in 1963

Lot Details

  • 0.43 Acre Lot
  • West Facing Home
  • Mature Landscaping
  • Landscaped with Trees
  • Property is zoned RSF-1

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Fixer Upper
  • Slab Foundation
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 2,765 Sq Ft Home
  • Ceiling Fan
  • Ceramic Tile Flooring
  • Laundry in unit

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Additional Homes

  • Additional Residence on Property

Location

  • Flood Zone Lot
  • Property is near public transit
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Siesta Rev Community
  • Siesta Rev Of Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,462

Year Built

Built in 1963

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 2765
  • Lot Size Acres: 0.43
  • New Construction: No
  • Year Built: 1963
  • Building Area Total: 3281
  • Lot Size Sq Ft: 18644
  • Directions to Property: Siesta Drive to left on Higel Ave. Property will be on the left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5765022&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5765022&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 732
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 180.8
  • Close to Original List Price Ratio: 0.90907
  • Ratio: Current Price\Building Area Total: 152.36
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: 4116

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 3939
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Other Structures: Additional Single Family Home, Guest House
  • Exterior Features: Lighting
  • Roof: Built-Up
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Patio, Porch
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • 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

Lot Info

  • Zoning: RSF-1
  • Parcel Number: 0078030011
  • Additional Parcels: No
  • Lot Features: FloodZone, City Lot, Near Public Transit
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Short term rentals must be at least 30 days. Please contact City of Sarasota regarding additional leasing restrictions.

Tax Info

  • Tax Annual Amount: 3462
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2022
Sold by
Mjm Living Trust
Bought by
Martinez Michael and Martinez Jennifer
Current Estimated Value
$3,970,968

Purchase Details

Listed on
Feb 21, 2019
Closed on
May 16, 2019
Sold by
Wells Fargo Bank Na
Bought by
Martinez Michael and Martinez Jennifer
Seller's Agent
Ronald Stafford
ALL FLORIDA PROPERTY GROUP,INC
Buyer's Agent
Chris Lind
LOKATION
List Price
$549,900
Sold Price
$499,900
Premium/Discount to List
-$50,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.39%

Purchase Details

Closed on
Feb 4, 2019
Sold by
Schaberg K B and Wallace Donna
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Nov 12, 2018
Sold by
Schaberg Burl R and Schaberg B R
Bought by
Wallace Donna

Purchase Details

Closed on
Jun 7, 2005
Sold by
Wallace Donna
Bought by
Schaberg R B

Purchase Details

Closed on
Feb 2, 2005
Sold by
Schaberg R B
Bought by
Wallace Donna

Purchase Details

Closed on
May 31, 2000
Sold by
Wallace Donna
Bought by
Wallace Donna

Purchase Details

Closed on
Oct 2, 1997
Sold by
Conover Charles S and Conover Sue Ann
Bought by
Wallace Donna H
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
Martinez Michael -- Najmy Thompson Pl
Martinez Michael $499,900 Dependable Ttl Svcs Of Fl In
Wells Fargo Bank Na $312,210 None Available
Wallace Donna -- Attorney
Schaberg R B -- None Available
Wallace Donna -- None Available
Wallace Donna -- --
Wallace Donna H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wallace Donna $560,000
Previous Owner Wallace Donna $425,000
Previous Owner Wallace Donna $193,000
Previous Owner Wallace Donna $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2019 05/16/19 Sold $499,900 0.0% $181 / Sq Ft
04/24/2019 04/24/19 Pending -- -- --
04/05/2019 04/05/19 Price Changed $499,900 -9.1% $181 / Sq Ft
03/28/2019 03/28/19 For Sale $549,900 0.0% $199 / Sq Ft
03/05/2019 03/05/19 Pending -- -- --
02/21/2019 02/21/19 For Sale $549,900 -- $199 / 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 $36,519 $2,743,800 $763,700 $1,980,100
2023 $36,519 $3,097,000 $741,100 $2,355,900
2022 $7,132 $666,500 $666,500 $0
2021 $6,681 $517,300 $490,200 $27,100
2020 $6,902 $488,700 $414,300 $74,400
2019 $6,534 $466,300 $387,800 $78,500
2018 $3,462 $258,565 $0 $0
2017 $3,446 $253,247 $0 $0
2016 $3,429 $627,700 $504,500 $123,200
2015 $3,484 $471,200 $365,400 $105,800
2014 $3,471 $240,748 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5765022

Stellar MLS

APN: 0078-03-0011