Seller's Agent in 2019
Drew Russell
Michael Saunders
(941) 841-1523
15 in this area
177 Total Sales
424 Canal Rd Unit 13 Sarasota, FL 34242
Estimated Value: $852,000 - $1,673,000
3
Beds
2
Baths
1,832
Sq Ft
$618/Sq Ft
Est. Value
Highlights
- Water Access
- Public Beach
- Main Floor Primary Bedroom
- Phillippi Shores Elementary School Rated A
- Wood Flooring
- Park or Greenbelt View
About This Home
As of June 2019This exceedingly rare Siesta Key beach home presents an array of options for a new buyer. This condo is a free standing building comprised of two separate units, one is a one bedroom 1/1 bath and the other is a 3/2. Each has its own large porch for relaxing and enjoying the Key. Siesta Shores is located just off of Beach Road and across from Public Beach Access 7. This lovingly renovated unit boasted over 72,000 of gross rental income in 2018 with room to grow! The choice is yours- rent the property, live in one and rent the other, or keep the whole thing for large family gatherings with a separate guest unit! Located in very close proximity to Siesta Village, this property is in a fantastic location and is ready for new ownership! Schedule your showing today!
Last Agent to Sell the Property
MICHAEL SAUNDERS & COMPANY License #3108183 Listed on: 02/21/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,919
Year Built
- Built in 1955
Lot Details
- Public Beach
- Northeast Facing Home
- Property is zoned RMF1
HOA Fees
- $442 Monthly HOA Fees
Parking
- Open Parking
Home Design
- Turnkey
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
Interior Spaces
- 1,832 Sq Ft Home
- Crown Molding
- Ceiling Fan
- French Doors
- Park or Greenbelt Views
Kitchen
- Cooktop
- Microwave
- Dishwasher
- Stone Countertops
- Solid Wood Cabinet
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
Outdoor Features
- Outdoor Shower
- Water Access
- Covered Patio or Porch
- Exterior Lighting
Schools
- Phillippi Shores Elementary School
- Brookside Middle School
- Sarasota High School
Additional Features
- Flood Zone Lot
- Central Heating and Cooling System
Community Details
- Ascendia Association, Phone Number (941) 306-4242
- Visit Association Website
- Siesta Shores Community
- Siesta Shores Subdivision
- On-Site Maintenance
- Rental Restrictions
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 13
- Assessor Parcel Number 0082122013
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 21, 2019
Closed on
Jun 17, 2019
Sold by
Fawn Lane Properties Llc
Bought by
Millennium Trust Co Llc and Debbie Smith Ira
Seller's Agent
Drew Russell
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Drew Russell
MICHAEL SAUNDERS & COMPANY
List Price
$799,900
Sold Price
$620,000
Premium/Discount to List
-$179,900
-22.49%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$511,785
Avg. Annual Appreciation
9.99%
Purchase Details
Closed on
Sep 28, 2012
Sold by
424 Siesta Key Llc
Bought by
Fawn Lane Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.71%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 1, 2004
Sold by
Lum Peter D and Lum Patricia E
Bought by
424 Siesta Key Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.98%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jul 10, 2003
Sold by
Wa Mutual Bk F A
Bought by
Lum Peter D and Lum Patricia E
Purchase Details
Closed on
Jul 31, 2000
Sold by
Milburn Patricia Janice and Milburn James
Bought by
Bruno Timothy E and Kriebl Karen J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
8.12%
Purchase Details
Closed on
Aug 24, 1998
Sold by
Elliott Leanore R
Bought by
Milburn Patricia Janice and Milburn James
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 |
|---|---|---|---|
| Millennium Trust Co Llc | $620,000 | Attorney | |
| Fawn Lane Properties Llc | $290,000 | Attorney | |
| 424 Siesta Key Llc | $265,000 | -- | |
| Lum Peter D | $253,000 | -- | |
| Bruno Timothy E | $297,000 | -- | |
| Milburn Patricia Janice | $140,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Fawn Lane Properties Llc | $140,000 | |
| Previous Owner | Milburn Patricia Janice | $60,000 | |
| Previous Owner | Bruno Timothy E | $237,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/17/2019 06/17/19 | Sold | $620,000 | -8.1% | $338 / Sq Ft |
| 05/22/2019 05/22/19 | Pending | -- | -- | -- |
| 04/25/2019 04/25/19 | Price Changed | $675,000 | -3.4% | $368 / Sq Ft |
| 04/16/2019 04/16/19 | Price Changed | $699,000 | -3.6% | $382 / Sq Ft |
| 04/01/2019 04/01/19 | Price Changed | $725,000 | -6.5% | $396 / Sq Ft |
| 03/28/2019 03/28/19 | Price Changed | $775,000 | -3.1% | $423 / Sq Ft |
| 02/21/2019 02/21/19 | For Sale | $799,900 | -- | $437 / 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 | $9,260 | $646,733 | -- | -- |
| 2023 | $9,260 | $877,600 | $0 | $877,600 |
| 2022 | $8,624 | $811,300 | $0 | $811,300 |
| 2021 | $6,518 | $485,900 | $0 | $485,900 |
| 2020 | $6,491 | $475,100 | $0 | $475,100 |
| 2019 | $6,365 | $512,700 | $0 | $512,700 |
| 2018 | $6,919 | $625,400 | $0 | $625,400 |
| 2017 | $6,614 | $345,820 | $0 | $0 |
| 2016 | $5,477 | $442,400 | $0 | $442,400 |
| 2015 | $5,003 | $381,900 | $0 | $381,900 |
| 2014 | $5,092 | $236,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Drew Russell
Map
Source: Stellar MLS
MLS Number: A4428235
APN: 0082-12-2013
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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