NOT LISTED FOR SALE

422 E Royal Flamingo Dr Sarasota, FL 34236

Estimated Value: $2,085,000 - $2,653,000

3 Beds
4 Baths
2,645 Sq Ft
$896/Sq Ft Est. Value

Last Sold April 23, 2018

Last sale price $1,225,000 $463 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $14,000/month

11 Days on Market

Highlights

  • Heated In Ground Pool
  • Deck
  • Corner Lot
  • Southside Elementary School Rated A
  • Cathedral Ceiling
  • Wine Refrigerator

About This Home

As of April 2018

Refined in every detail, this classic mid-century Bird Key home, on the largest garden lot on the island and across from the Bird Key Yacht Club has been completely transformed into a modern zen-like oasis. The open layout, clean lines and a soothing color palette create a subdued elegant style rich with soul and charm. Everything is high-end and new this includes the kitchen, baths, hurricane impact glass doors, paint, floors, HVAC, lighting, wiring, plumbing, water filtration, wine cellar, laundry, security system, pool surface, pool pump and heater, attic insulation and more. See feature sheet attachment for complete list of renovations.

Upgrades include custom Italian cabinetry by Cucine Ricci; LED lighting, Minkaire fans and LeGrande switches and outlets from Light Up Your Life and Thermador Pro kitchen appliances. The living room and dining room share an open space, yet remain separate in their function. The master bedroom has a partial cathedral ceiling with trapezoid windows and sliding glass doors to the screened lanai. Dual sinks, free-standing bathtub, spacious walk-in shower and open linen closet with thick glass shelves create a serene ambiance in the en-suite master bath. There’s a warmth to this home, a coziness enhanced by the privacy and beauty of its oversize, half-acre lot. Just across the street is the Bird Key Yacht Club where you can enjoy boating, social, fitness and tennis amenities. The 42-slip marina can accommodate 20-50-ft. vessels.

Last Agent to Sell the Property

Lynne Koy

COLDWELL BANKER REALTY License #0461188 Listed on: 02/16/2018

COLDWELL BANKER REALTY

Last Buyer's Agent

Rob Hunt, Jr

HUNT BROTHERS REALTY, INC. License #3197350

HUNT BROTHERS REALTY, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,189

Year Built

  • Built in 1961

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 89x216x22x201x107x33
  • Property fronts a private road
  • Mature Landscaping
  • Corner Lot
  • Oversized Lot
  • Level Lot
  • Well Sprinkler System
  • Landscaped with Trees
  • Property is zoned RSF2

HOA Fees

  • $56 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • On-Street Parking
  • Open Parking

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,645 Sq Ft Home
  • Built-In Features
  • Bar Fridge
  • Cathedral Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Sliding Doors
  • Inside Utility
  • Porcelain Tile

Kitchen

  • Range with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Flood Zone Lot
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Water Purifier
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include security
  • Bird Key Sub Community
  • Bird Key Rep Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,189

Year Built

Built in 1961

Lot Details

0

HOA Fees

$56 per month

Parking

2

Listing Details

  • HOA Fee Includes: Security
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2645
  • Lot Size Acres: 0.59
  • New Construction: No
  • Year Built: 1961
  • Building Area Total: 3651
  • Lot Size Sq Ft: 25719
  • Directions to Property: From the Ringling Causeway, turn into Bird Key, follow Bird Key Drive past the guard house. Take a left onto East Royal Flamingo Drive. Property will be on the right, at the corner of Wood Duck Drive and E. Royal Flamingo Drive.
  • Status: Sold
  • Street Direction: E
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4210638&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4210638&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 1/2 to less than 1
  • Home Warranty Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.94303
  • Price per Sq Ft: 463.14
  • Close to Original List Price Ratio: 0.94303
  • Ratio: Current Price\Building Area Total: 335.52
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Porcelain Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Interior Amenities: Built in Features, Cathedral Ceiling(s), Ceiling Fans(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Bar Fridge, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer, Water Purifier Owned, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds, Thermal Windows
  • Street Number Modifier: 422
  • Room Count: 9
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Irrigation System, Lighting, Outdoor Shower, Rain Gutters, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • Road Frontage Type: Private Road
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Enclosed, Patio, Porch, Screened
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0133F

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage Door Opener, On Street
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fiber Optics, Gas, Sprinkler Well
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions
  • Association Amenities: Security
  • Association Fee: 670
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 670
  • Monthly HOA Fee: 55.83
  • Total Monthly Fees: 55.83

Lot Info

  • Zoning: RSF2
  • Parcel Number: 2012050023
  • Additional Parcels: No
  • Lot Features: Corner Lot, FloodZone, City Lot, Level, Oversized Lot
  • Lot Dimensions: 89x216x22x201x107x33
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 2 Months
  • Approval Process: Application, $600 fee and approval required.
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Application, $600 fee and approval required.

Tax Info

  • Tax Annual Amount: 13189
  • Tax Block: 7
  • Tax Book Number: 13-4
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2018
Closed on
Apr 23, 2018
Sold by
Johnstone James
Bought by
Brown Donald L and Brown Esther Bacso
Seller's Agent
Lynne Koy
COLDWELL BANKER REALTY
Buyer's Agent
Rob Hunt, Jr
HUNT BROTHERS REALTY, INC.
List Price
$1,299,000
Sold Price
$1,225,000
Premium/Discount to List
-$74,000
-5.7%
Current Estimated Value
$2,370,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,145,285
Avg. Annual Appreciation
9.37%
Original Mortgage
$725,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 3, 2015
Sold by
Greve Edgar Eugene and Greve Kay
Bought by
Pr Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.89%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Feb 4, 2014
Closed on
May 1, 2014
Sold by
Steinberg William A and Steinberg Marie Claire
Bought by
Greve Edgar Eugene and Greve Kay
Seller's Agent
Lynne Koy
COLDWELL BANKER REALTY
Buyer's Agent
Mike Greve
THE BOB STANLEY GROUP
List Price
$735,000
Sold Price
$675,000
Premium/Discount to List
-$60,000
-8.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.70%
Original Mortgage
$619,150
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 17, 2010
Sold by
Steinberg William A and Steinberg Marie Claire
Bought by
Steinberg William A and Steinberg Marie Claire
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
Brown Donald L $1,225,000 Attorney
Pr Capital Llc $700,000 Attorney
Greve Edgar Eugene $675,000 Sunbelt Title Agency
Steinberg William A -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Donald L $500,000
Closed Brown Donald L $725,000
Previous Owner Pr Capital Llc $700,000
Previous Owner Greve Edgar Eugene $450,000
Previous Owner Greve Edgar Eugene $619,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Off Market $1,250,000 -- --
04/23/2018 04/23/18 Sold $1,225,000 -5.7% $463 / Sq Ft
02/27/2018 02/27/18 Pending -- -- --
02/15/2018 02/15/18 For Sale $1,299,000 +3.9% $491 / Sq Ft
12/13/2017 12/13/17 Sold $1,250,000 -3.8% $473 / Sq Ft
12/03/2017 12/03/17 For Sale $1,300,000 0.0% $491 / Sq Ft
11/25/2017 11/25/17 Pending -- -- --
10/17/2017 10/17/17 For Sale $1,300,000 +92.6% $491 / Sq Ft
05/01/2014 05/01/14 Sold $675,000 -8.2% $301 / Sq Ft
02/06/2014 02/06/14 Pending -- -- --
02/04/2014 02/04/14 For Sale $735,000 -- $328 / 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 $12,653 $896,129 -- --
2023 $12,653 $870,028 $0 $0
2022 $10,428 $716,435 $0 $0
2021 $10,991 $723,668 $0 $0
2020 $11,118 $713,677 $0 $0
2019 $10,540 $679,059 $0 $0
2018 $16,075 $985,200 $697,200 $288,000
2017 $13,189 $794,108 $0 $0
2016 $11,259 $664,500 $621,800 $42,700
2015 $10,188 $585,800 $556,800 $29,000
2014 $6,147 $379,826 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4210638

Stellar MLS

APN: 2012-05-0023