P
Seller's Agent in 2025
Peter Mason
PREMIER SOTHEBY'S INTERNATIONAL REALTY
(716) 713-5328
1 in this area
5 Total Sales
3959 Somerset Dr Sarasota, FL 34242
Estimated Value: $1,470,000 - $2,550,000
4
Beds
3.5
Baths
2,757
Sq Ft
$796/Sq Ft
Est. Value
Highlights
- Waterfront Community
- Access To Intracoastal Waterway
- Spa
- Phillippi Shores Elementary School Rated A
- Deeded Boat Dock
- Gated Community
About This Home
As of June 2014BOATERS: this one is rare! On deep, protected water in Cocoanut Bayou with no fixed bridges. This fully remodeled home on Siesta Key’s north end includes a deeded dock with water, electric, and a 20,000-pound lift—holds up to a 40' boat—with fast access to Sarasota Bay and the Gulf in under 10 minutes. Inside and out, this free-standing four-bedroom, 3.5-bath home has been thoughtfully upgraded. Recent improvements include a new roof (2024), new impact-rated PGT hurricane windows and doors, a new two-story screened lanai, fresh exterior paint, and updated community amenities including pool and dock water & electric. The home also features a private elevator and a large two-car garage, plus a finished bonus space on the lower level that adds flexibility and function (not included in the official square footage). In the exclusive gated community of Somerset Cove—just 11 homes total—this residence offers 2,757 square feet of light-filled living space across the upper two floors. The main level includes a soaring great room with a fireplace and a show-stopping kitchen with Calacatta Blanca quartz island, Thermador induction cooktop with downdraft exhaust, built-in wall oven, microwave drawer and a wine bar with refrigerator. The layout is ideal for entertaining and includes a full dining area. Additionally, there is a large guest en-suite bedroom. Upstairs, the spacious primary suite includes a large walk-in closet, dual vanities, oversized shower, private water closet, and excellent storage. Another en-suite guest bedroom plus a fourth bedroom, completes the top floor. Downstairs, the lower-level features 800+ square feet of bonus space with durable Hardie-plank walls and access to a private covered patio. Somerset Cove is a maintenance-free community with a heated pool, new outdoor furnishings, lush landscaping and easy access to Shell Beach, Siesta Key Village, the main Siesta Key Beach and the North Bridge to get to the mainland in minutes. Community fees include wind and flood insurance, landscaping, dock and pool maintenance, and weekly trash and recycling pickup. With recent upgrades, private dockage and gated peace-of-mind—all in a prime north Siesta Key location—this is island living at its best.
Last Agent to Sell the Property
PREFERRED SHORE LLC Brokerage Phone: 941-349-4411 License #3216145 Listed on: 08/07/2013
Last Buyer's Agent
PREFERRED SHORE LLC Brokerage Phone: 941-349-4411 License #3216145 Listed on: 08/07/2013
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,262
Year Built
- Built in 1991
Lot Details
- 0.25 Acre Lot
- Mature Landscaping
- Irrigation
- Zero Lot Line
- Property is zoned RSF1
HOA Fees
- $813 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Property Views
- Pond
- Garden
Home Design
- Tri-Level Property
- Slab Foundation
- Tile Roof
- Block Exterior
- Stucco
Interior Spaces
- 2,757 Sq Ft Home
- Elevator
- Crown Molding
- Cathedral Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Blinds
- Sliding Doors
- Laundry in unit
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Stone Countertops
- Solid Wood Cabinet
- Disposal
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
Home Security
- Fire and Smoke Detector
- Fire Sprinkler System
Outdoor Features
- Spa
- Access To Intracoastal Waterway
- Sailboat Water Access
- Deeded Boat Dock
- Deck
- Screened Patio
- Porch
Location
- Flood Zone Lot
- Property is near public transit
Schools
- Phillippi Shores Elementary School
- Brookside Middle School
- Sarasota High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- 8 to 12-Month Minimum Lease Term
- Tax Lot 5
- Assessor Parcel Number 0078031005
Community Details
Overview
- Association fees include pool, insurance, maintenance structure, ground maintenance, maintenance, management, pest control
- Somerset Cove Community
- Somerset Cove Subdivision
- On-Site Maintenance
- The community has rules related to deed restrictions
Recreation
- Waterfront Community
- Community Pool
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 22, 2016
Sold by
Sharp Keith M and Sharp Deborah A
Bought by
Sharp Keith M and Sharp Deborah A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Outstanding Balance
$443,807
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$1,750,644
Purchase Details
Closed on
Dec 20, 2016
Sold by
Cavness Jack G and Cavness Deborah D
Bought by
Mason Deborah L and Mason Paul J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Outstanding Balance
$443,807
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$1,750,644
Purchase Details
Listed on
Aug 7, 2013
Closed on
Jun 6, 2014
Sold by
Asset Preservation Trust Services Inc
Bought by
Jack H Cavness Living Trust
Seller's Agent
Livya Hament
PREFERRED SHORE LLC
Buyer's Agent
Livya Hament
PREFERRED SHORE LLC
List Price
$748,800
Sold Price
$650,000
Premium/Discount to List
-$98,800
-13.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.42%
Original Mortgage
$520,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Aug 25, 2011
Closed on
Apr 9, 2013
Sold by
Marchewka Robert P and Marchewka Marilyn S
Bought by
Marchewka Family Land Trust #3959
Seller's Agent
Livya Hament
PREFERRED SHORE LLC
Buyer's Agent
Troy Goulah
WESTBAY REAL ESTATE
List Price
$534,000
Sold Price
$450,000
Premium/Discount to List
-$84,000
-15.73%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.68%
Purchase Details
Closed on
Jan 25, 2013
Sold by
Somerset Cove Owners Association Inc
Bought by
Marchewka Robert P and Marchewka Marilyn S
Purchase Details
Closed on
Aug 19, 2011
Sold by
Marchewka Robert P and Marchewka Marilyn S
Bought by
Somerset Cove Owners Association Inc
Purchase Details
Closed on
Nov 5, 2004
Sold by
Tolley James L and Tolley Mary A
Bought by
Marchewka Robert P and Marchewka Marilyn S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$728,000
Interest Rate
1%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
May 1, 1998
Sold by
Henle John
Bought by
Tolley James L and Tolley Mary A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.03%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sharp Keith M | -- | Attorney | |
| Mason Deborah L | $720,000 | Attorney | |
| Jack H Cavness Living Trust | $650,000 | United Title Affiliates Inc | |
| Marchewka Family Land Trust #3959 | -- | None Available | |
| Marchewka Robert P | -- | Attorney | |
| Somerset Cove Owners Association Inc | -- | None Available | |
| Marchewka Robert P | $910,000 | Riddell Title & Escrow | |
| Tolley James L | $475,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sharp Keith M | $540,000 | |
| Closed | Mason Deborah L | $80,000 | |
| Previous Owner | Jack H Cavness Living Trust | $520,000 | |
| Previous Owner | Marchewka Robert | $137,000 | |
| Previous Owner | Marchewka Robert P | $728,000 | |
| Previous Owner | Tolley James L | $190,000 | |
| Previous Owner | Tolley James L | $300,000 | |
| Previous Owner | Tolley James L | $200,000 | |
| Closed | Marchewka Robert P | $91,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/13/2025 06/13/25 | For Sale | $2,600,000 | +300.0% | $943 / Sq Ft |
| 06/06/2014 06/06/14 | Sold | $650,000 | -10.3% | $236 / Sq Ft |
| 03/17/2014 03/17/14 | Pending | -- | -- | -- |
| 02/28/2014 02/28/14 | Price Changed | $724,900 | -3.2% | $263 / Sq Ft |
| 11/23/2013 11/23/13 | For Sale | $748,800 | 0.0% | $272 / Sq Ft |
| 11/11/2013 11/11/13 | Pending | -- | -- | -- |
| 10/24/2013 10/24/13 | For Sale | $748,800 | 0.0% | $272 / Sq Ft |
| 10/15/2013 10/15/13 | Pending | -- | -- | -- |
| 09/09/2013 09/09/13 | Price Changed | $748,800 | -2.1% | $272 / Sq Ft |
| 08/20/2013 08/20/13 | Price Changed | $765,000 | -1.3% | $277 / Sq Ft |
| 08/07/2013 08/07/13 | For Sale | $775,000 | +72.2% | $281 / Sq Ft |
| 04/12/2013 04/12/13 | Sold | $450,000 | -15.7% | $163 / Sq Ft |
| 11/08/2011 11/08/11 | Pending | -- | -- | -- |
| 08/25/2011 08/25/11 | For Sale | $534,000 | -- | $194 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $12,589 | $940,896 | -- | -- |
| 2023 | $12,589 | $1,174,500 | $0 | $1,174,500 |
| 2022 | $11,145 | $999,100 | $0 | $999,100 |
| 2021 | $8,563 | $654,000 | $0 | $654,000 |
| 2020 | $8,071 | $601,400 | $0 | $601,400 |
| 2019 | $8,335 | $627,500 | $0 | $627,500 |
| 2018 | $8,344 | $628,700 | $0 | $628,700 |
| 2017 | $8,161 | $603,300 | $0 | $603,300 |
| 2016 | $8,742 | $637,600 | $0 | $637,600 |
| 2015 | $8,054 | $604,300 | $0 | $604,300 |
| 2014 | $7,289 | $425,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Peter Mason
-
Liz Nason
Seller Co-Listing Agent in 2025
Liz Nason
PREMIER SOTHEBY'S INTERNATIONAL REALTY
(941) 350-2243
2 in this area
41 Total Sales
-
Livya Hament
Seller's Agent in 2014
Livya Hament
PREFERRED SHORE LLC
(941) 349-4411
5 in this area
47 Total Sales
-
Troy Goulah
Buyer's Agent in 2013
Troy Goulah
WESTBAY REAL ESTATE
(727) 798-9480
9 Total Sales
Map
Source: Stellar MLS
MLS Number: A3982460
APN: 0078-03-1005
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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