$7,453,359
SOLD NOV 14, 2017

4011 Shell Rd Sarasota, FL 34242

5 Beds
9 Baths
9,202 Sq Ft
0.81 Acres

Recently Sold

$810 Per Sq Ft

17% Below List Price

1,175 Days on Market

Highlights

  • 98 Feet of Waterfront
  • Beach View
  • Public Beach
  • Phillippi Shores Elementary School Rated A
  • Water access To Gulf or Ocean
  • Home Theater

About This Home

As of August 2018

Short Sale; A stunning statement of refinement and comfort, this impeccably-designed, lushly-landscaped estate sits on nearly an acre at the coveted north end of Siesta Key directly on the Gulf of Mexico. Here residential bliss comes to life with spectacular living quarters, exquisite finishes, state-of-the-art systems and resort-like amenities, all within a private Gargoyle-guarded walled and gated property. Venetian Gothic architecture fuses with a Mediterranean flair to create a gulf-front haven that is as distinctively stylish as it is tastefully eclectic. Completed in 2007 by premier Sarasota luxury home builder Perrone Construction, Inc., this grand gem sets the perfect backdrop for indulgent relaxation or lavish entertaining both in and outside the home. Inside presents five bedrooms including an extraordinary master suite, five full and four half baths, expansive living/dining quarters, an exquisite kitchen, a home theater/media room plus a two-story office, with elegant stone, stained glass, beautiful wood and painted murals throughout. Delightful outdoor spaces are found at every turn with eight open porches and patios capturing incredible views, a fabulous rooftop garden/terrace and bar area accessed by elevator, and a glamorous pool and cabana that is second to none with a waterfall, lounging area, spa, slide, and stage for live entertainment. Listing price may not be sufficient to pay the total of all liens and costs of sale at full listing price may require approval of seller's lender(s).

Last Agent to Sell the Property

Joel Schemmel

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3060476 Listed on: 08/26/2014

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $74,822

Year Built

  • Built in 2007

Lot Details

  • 0.81 Acre Lot
  • 98 Feet of Waterfront
  • Property fronts gulf or ocean
  • Property fronts a public beach
  • Public Beach
  • East Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Property is zoned RSF1

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

  • Custom Home
  • Mediterranean Architecture
  • Tri-Level Property
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 9,202 Sq Ft Home
  • Elevator
  • Wet Bar
  • Dry Bar
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Bonus Room
  • Game Room
  • Inside Utility

Kitchen

  • Built-In Oven
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Brick
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Heated Infinity Pool
  • Heated Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Seawall
  • Balcony
  • Deck
  • Covered patio or porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Breezeway
  • Outdoor Grill
  • Rain Gutters

Location

  • Flood Zone Lot

Schools

  • Southside Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Siesta Rev Community
  • Siesta Key Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / 51
  • Assessor Parcel Number 0078030017

Home Details

Home Type

Single Family

Est. Annual Taxes

$74,822

Year Built

Built in 2007

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom, Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 9202
  • Lot Size Acres: 0.81
  • New Construction: No
  • Year Built: 2007
  • Building Area Total: 13666
  • Lot Size Sq Ft: 35277
  • Directions to Property: Off Higel Rd on Siesta Key to Shell Rd.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1037329
  • RATIO Current Price By Calculate: 809.97
  • Total Acreage: 1/2 Acre to 1 Acre
  • Water Access YN: 1
  • Tax Year: 2016
  • Special Features: 4108

Interior Features

  • Fireplace Features: Gas, Living Room, Other, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Brick, Carpet, Marble, Wood
  • Full Bathrooms: 5
  • Half Bathrooms: 4
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Dry Bar, Elevator, High Ceilings, Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Microwave, Oven, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Three Or More
  • Spa Features: Heated
  • Spa Yn: Yes
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 4011
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Breakfast Room Separate,Breezeway,Den/Library/Office,Family Room,Formal Dining Room Separate,Formal Living Room Separate,Foyer,Game Room,Inside Utility,Media Room
  • Room Count: 11

Exterior Features

  • Direction Faces: East
  • Other Structures: Outdoor Kitchen
  • Pool Features: Heated, In Ground, Infinity, Other
  • Exterior Features: Sliding Doors, Balcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Rain Gutters
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water Access: Beach - Public,Gulf/Ocean
  • Water Extras: Seawall - Other
  • Water Extras YN: 1
  • Water View: Beach,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 98

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Guest

Utilities

  • Utilities: Cable Available, Public, Underground Utilities
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Security: Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: None

Schools

  • Elementary School: Southside Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0078030017
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Homestead YN: 1
  • Zoning Compatible YN: 1
  • Future Land Use: 0100

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 74822
  • Tax Block: 51
  • Tax Book Number: 000A/0038
  • Tax Lot: 3

Multi Family

  • Waterfront Features: Beach - Public, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2022
Sold by
Marcos Soberano
Bought by
Ms Irrevocable Trust
Current Estimated Value
$8,215,210

Purchase Details

Closed on
Nov 11, 2020
Sold by
Atkinson Pamela and Shpilt David
Bought by
Soberano Marcos

Purchase Details

Closed on
May 30, 2018
Sold by
Jpmorgan Chase Bank National Association
Bought by
Atkinson Pamela and Shpilt David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,405,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 26, 2014
Closed on
Oct 10, 2017
Sold by
James Brian C
Bought by
Jpmorgan Chase Bank National Association
Seller's Agent
Joel Schemmel
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$8,990,000
Sold Price
$7,453,359
Premium/Discount to List
-$1,536,641
-17.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.27%

Purchase Details

Closed on
May 11, 2005
Sold by
Davis Bridget Byrne
Bought by
James Brian C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,437,500
Interest Rate
5.98%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 1, 2004
Sold by
Davis Jared A and Davis Bridget B
Bought by
Davis Bridget Byrne and Bridget Byrne Davis Revocable Trust

Purchase Details

Closed on
Feb 22, 2002
Sold by
Waterside Inv Group Inc
Bought by
Davis Jared A and Davis Bridget B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,987,500
Interest Rate
6.81%

Purchase Details

Closed on
Dec 27, 2001
Sold by
Waterside Inv Group Inc
Bought by
White Ronald P and White Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,987,500
Interest Rate
6.81%

Purchase Details

Closed on
Sep 14, 2001
Sold by
Cape Hatteras Land Holdings Ltd
Bought by
Waterside Inv Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,850,000
Interest Rate
6.87%

Purchase Details

Closed on
Mar 25, 1998
Sold by
Collenge Hope
Bought by
Rd Shell
Source: Public Records

Similar Homes in the area

  • 290 N Washington Dr, Sarasota, FL 34236

    $8,950,000

    • 5 Beds
    • 6 Baths
    • 6,799 Sq Ft
    • 290 N Washington Dr
    • Sarasota, FL

    A boater's dream and RARE opportunity—One of just 39 homes on this EXCLUSIVE side of St. Armands Circle offering -DIRECT GULF ACCESS- NO FIXED BRIDGES - and NO OBSTACLES. True deep-water dockage that comfortably accommodates a vessel over 60 feet.Enjoy full waterfront views of Sarasota Bay and the iconic downtown Sarasota skyline from every north-facing room in this home.This stunning,

    Allen Smith RE/MAX ALLIANCE GROUP

    Section Image
  • 3935 N Shell Rd, Siesta Key, FL 34242

    $7,740,000

    • 4 Beds
    • 4.5 Baths
    • 5,532 Sq Ft
    • 3935 N Shell Rd
    • Siesta Key, FL

    Nestled along the pristine northern shores of Siesta Key, this magnificent three-story waterfront retreat redefines coastal luxury and exclusivity. The home features 10,600 sq ft under roof with approximately 5,500sq ft under air. This exceptional home is crafted for grand entertaining and effortless relaxation. While Siesta Beach and Village are just minutes away by golf cart, the gated personal

    Curtis Ware KW COASTAL LIVING III

    Section Image
  • 4136 Roberts Point Cir, Sarasota, FL 34242

    $5,995,000

    • 6 Beds
    • 7 Baths
    • 7,099 Sq Ft
    • 4136 Roberts Point Cir
    • Sarasota, FL

    Situated on the coveted North end of Siesta Key, this waterfront retreat offers a perfect blend of luxury, elegance, and tranquility with breathtaking views of South Coconut Bayou and direct access to Roberts Bay. Thoughtfully designed to embrace natural light, the home features soaring ceilings, oversized windows, and seamless indoor-outdoor living spaces. The gourmet kitchen stands out with

    Nina Bayan KELLER WILLIAMS ON THE WATER S

    Section Image
  • 3722 Flamingo Ave, Sarasota, FL 34242

    $6,750,000

    • 5 Beds
    • 7 Baths
    • 4,985 Sq Ft
    • 3722 Flamingo Ave
    • Sarasota, FL

    Under Construction. A dream home built by well-respected Voigt Brothers Construction on 95 ft of water frontage. Great boating waters on Hanson Bayou with easy access and no bridges to the bay. The home itself will be 4985 sqft with an elevator to all of the floors. Features include a master on the main plus a second master bedroom upstairs, 3 car split garage, pool and spa, expansive outdoor

    Barbara May MICHAEL SAUNDERS & COMPANY

    Section Image
  • 3550 Flamingo Ave, Sarasota, FL 34242

    $7,400,000

    • 4 Beds
    • 6 Baths
    • 4,711 Sq Ft
    • 3550 Flamingo Ave
    • Sarasota, FL

    READY FOR OCCUPANCY. CONSTRUCTION COMPLETED. LOWEST NEW CONSTRUCTION price on highly desirable North Siesta Key. Situated on 1/3 acre with 102 feet of wide canal waterfront and no bridges to the bay. The 4,711 square foot home is solid block construction on all levels. The house has been thoughtfully designed, maximizing privacy and use of space. The main level features a designer kitchen with an

    Barbara May MICHAEL SAUNDERS & COMPANY

    Section Image
  • 4205 Higel Ave, Sarasota, FL 34242

    $7,495,000

    • 4 Beds
    • 4.5 Baths
    • 7,003 Sq Ft
    • 4205 Higel Ave
    • Sarasota, FL

    New price! Palm Beach meets Siesta Key, a waterfront masterpiece. A stunning Palladian villa with a modern twist, this gated waterfront estate on the protected deep waters of Cocoanut Bayou offers an unparalleled blend of luxury, elegance and coastal serenity. Boasting 120 feet of deep sailboat water, a private dock, private beach access, and partial gulf views, this exquisite home presents over

    Judie Berger PREMIER SOTHEBY'S INTERNATIONAL REALTY

    Section Image
  • 3482 Flamingo Ave, Sarasota, FL 34242

    $7,695,000

    • 6 Beds
    • 6.5 Baths
    • 5,201 Sq Ft
    • 3482 Flamingo Ave
    • Sarasota, FL

    An elegant, private entrance shaded by regal palms and vibrant bougainvillea guides you toward something extraordinary. As the wrought iron gate closes behind you, fervent anticipation builds. Your dream home awaits. A tranquil fountain serenades you with its gentle melody, welcoming you to Casa Flamingo, a modern take on romantic architecture. This breathtaking 5,201 square foot waterfront

    Mark Coppens EXP REALTY LLC

    Section Image
  • 749 Freeling Dr, Sarasota, FL 34242

    $5,950,000

    • 4 Beds
    • 4.5 Baths
    • 6,827 Sq Ft
    • 749 Freeling Dr
    • Sarasota, FL

    Experience coastal elegance and ultimate island living in this extraordinary gated waterfront estate, Casa della Fontana, the Fountain House. This home offers the ideal blend of luxury, privacy, and convenience on a tranquil street on Siesta Key's coveted north end. Just minutes from everything on and off the island, this residence is poised on a deep sailboat water bayou just off Sarasota Bay

    Judie Berger PREMIER SOTHEBY'S INTERNATIONAL REALTY

    Section Image
  • 679 Norsota Way, Sarasota, FL 34242

    $8,250,000

    • 3 Beds
    • 4 Baths
    • 3,788 Sq Ft
    • 679 Norsota Way
    • Sarasota, FL

    Set on one of the most coveted streets on Siesta Key, this beautifully crafted 1926 Spanish-style home sits on a double lot with 150 feet of deep-water bay frontage, significantly larger than most properties’ 100 feet of frontage. Spanning 3,788 square feet with three bedrooms and four bathrooms, this gorgeous historic home exudes timeless character and craftsmanship and showcases authentic

    Michael Hays MICHAEL SAUNDERS & COMPANY

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $100 --
Warranty Deed $5,950,000 Attorney
Special Warranty Deed $5,675,000 Fidelity Natl Title Of Flori
Warranty Deed $7,453,359 Lenderlive Settlement Svcs L
Deed $3,250,000 --
Interfamily Deed Transfer -- --
Warranty Deed $2,650,000 --
Quit Claim Deed -- --
Warranty Deed $2,650,000 --
Warranty Deed $3,445,000 --
Warranty Deed $1,329,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $800,000 Commercial
Previous Owner $3,405,000 Adjustable Rate Mortgage/ARM
Previous Owner $5,536,600 Balloon
Previous Owner $2,437,500 Fannie Mae Freddie Mac
Previous Owner $700,000 New Conventional
Previous Owner $1,987,500 No Value Available
Previous Owner $3,850,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Off Market $7,453,359 -- --
08/02/2018 08/02/18 Sold $5,675,000 -5.3% $617 / Sq Ft
05/18/2018 05/18/18 Pending -- -- --
04/27/2018 04/27/18 Price Changed $5,990,000 -13.7% $651 / Sq Ft
03/19/2018 03/19/18 For Sale $6,940,000 -6.9% $754 / Sq Ft
11/14/2017 11/14/17 Sold $7,453,359 0.0% $810 / Sq Ft
11/06/2017 11/06/17 Off Market $7,453,359 -- --
01/02/2017 01/02/17 Price Changed $6,900,000 -6.8% $750 / Sq Ft
01/27/2016 01/27/16 Price Changed $7,400,000 -7.4% $804 / Sq Ft
03/24/2015 03/24/15 Price Changed $7,990,000 -11.1% $868 / Sq Ft
08/26/2014 08/26/14 For Sale $8,990,000 -- $977 / 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 $97,528 $7,853,700 $3,709,700 $4,144,000
2023 $97,528 $8,281,200 $3,317,500 $4,963,700
2022 $82,272 $7,299,400 $3,276,500 $4,022,900
2021 $72,479 $5,860,900 $2,578,900 $3,282,000
2020 $76,356 $6,042,100 $2,551,400 $3,490,700
2019 $69,743 $5,534,800 $2,162,500 $3,372,300
2018 $74,890 $5,936,500 $2,347,900 $3,588,600
2017 $74,831 $5,863,951 $0 $0
2016 $74,822 $8,276,500 $2,289,000 $5,987,500
2015 $76,320 $7,561,500 $2,324,400 $5,237,100
2014 $76,087 $5,574,534 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4104031

Stellar MLS

APN: 0078-03-0017