431 Island Cir Sarasota, FL 34242
4
Beds
2.5
Baths
2,346
Sq Ft
0.27
Acres
Highlights
- In Ground Pool
- Open Floorplan
- 2 Car Attached Garage
- Phillippi Shores Elementary School Rated A
- No HOA
- Walk-In Closet
About This Home
As of March 2025Exceptional investment opportunity with tons of equity in the exclusive Palm Island neighborhood of Siesta Key. While partially affected by the recent hurricane, over $50,000 has been invested in professional repairs, including removal of 4 feet of drywall where needed. AC 2018. Metal roof.
The property is well-maintained with ongoing pool service, yard care, and general upkeep.
Last Agent to Sell the Property
BEYCOME OF FLORIDA LLC Brokerage Phone: 844-239-2663 License #3469487 Listed on: 01/16/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,238
Year Built
- Built in 1962
Lot Details
- 0.27 Acre Lot
- Lot Dimensions are 50x138
- Southwest Facing Home
- Property is zoned RSF2
Parking
- 2 Car Attached Garage
Home Design
- Slab Foundation
- Shingle Roof
- Metal Roof
- Concrete Siding
- Stucco
Interior Spaces
- 2,346 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Living Room
- Dining Room
- Luxury Vinyl Tile Flooring
- Laundry in unit
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
Pool
- In Ground Pool
Utilities
- Central Air
- Heat Pump System
Community Details
- No Home Owners Association
- Sarasota Beach Community
- Sarasota Beach Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 32 / 5
- Assessor Parcel Number 0082060049
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 26, 2025
Closed on
Feb 24, 2025
Sold by
Howard B Scherer Trust and Scherer Howard B
Bought by
Hutchins Anthony and Hutchins Courtney
Seller's Agent
Robert Sherman
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Tina Renta
KELLER WILLIAMS ISLAND LIFE REAL ESTATE
List Price
$975,000
Sold Price
$882,500
Premium/Discount to List
-$92,500
-9.49%
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
$90,976
Avg. Annual Appreciation
32.36%
Purchase Details
Closed on
Jun 14, 2018
Sold by
Scherer Howard B
Bought by
Scherer Howard B and The Howard B Scherer Trust
Purchase Details
Closed on
Nov 26, 2012
Sold by
Scherer Howard B
Bought by
Scherer Howard B
Purchase Details
Closed on
Oct 3, 2012
Sold by
Scherer Howard B and Scherer Marjorie A
Bought by
Scherer Howard B
Purchase Details
Closed on
Jun 21, 2010
Sold by
Green Tree Servicing Llc
Bought by
Scherer Marjorie
Purchase Details
Closed on
May 6, 2010
Sold by
Green Tree Servicing Llc
Bought by
Scherer Marjorie
Purchase Details
Closed on
Mar 17, 2010
Sold by
Green Tree Servicing Llc
Bought by
Scherer Marjorie and Scherer Howard
Purchase Details
Closed on
Aug 21, 2009
Sold by
Palau Rosemary L
Bought by
Green Tree Servicing Llc
Purchase Details
Closed on
May 23, 2005
Sold by
Dunigan Erie L
Bought by
Palau Rosemary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
6.85%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Apr 30, 1997
Sold by
Shaffer James D and Shaffer Bernadette F
Bought by
Dunigan Erie L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.95%
Purchase Details
Closed on
Sep 1, 1995
Sold by
Morgan Jean L
Bought by
Shaffer James D and Shaffer Bernadette F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.58%
Similar Homes in Sarasota, FL
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $882,500 | Amz Title | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Corporate Deed | -- | Nations Title Agency Of Fl | |
| Special Warranty Deed | -- | Nations Title Agency Of Fl | |
| Corporate Deed | $300,000 | Nations Title Agency Of Fl | |
| Trustee Deed | $175,100 | Attorney | |
| Quit Claim Deed | $308,800 | -- | |
| Warranty Deed | $187,500 | -- | |
| Warranty Deed | $175,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $417,000 | New Conventional | |
| Previous Owner | $155,086 | Credit Line Revolving | |
| Previous Owner | $520,000 | Stand Alone First | |
| Previous Owner | $264,000 | New Conventional | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $260,000 | New Conventional | |
| Previous Owner | $150,000 | No Value Available | |
| Previous Owner | $125,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/07/2025 03/07/25 | Sold | $882,500 | -9.5% | $376 / Sq Ft |
| 02/26/2025 02/26/25 | Pending | -- | -- | -- |
| 02/26/2025 02/26/25 | For Sale | $975,000 | +5.4% | $416 / Sq Ft |
| 02/25/2025 02/25/25 | Sold | $925,000 | -2.6% | $394 / Sq Ft |
| 02/06/2025 02/06/25 | Pending | -- | -- | -- |
| 01/21/2025 01/21/25 | Price Changed | $950,000 | -2.1% | $405 / Sq Ft |
| 01/16/2025 01/16/25 | For Sale | $970,000 | -- | $413 / 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 | $6,021 | $517,965 | -- | -- |
| 2023 | $6,021 | $502,879 | $0 | $0 |
| 2022 | $5,898 | $488,232 | $0 | $0 |
| 2021 | $5,867 | $474,012 | $0 | $0 |
| 2020 | $5,891 | $467,467 | $0 | $0 |
| 2019 | $5,705 | $456,957 | $0 | $0 |
| 2018 | $5,591 | $448,437 | $0 | $0 |
| 2017 | $5,567 | $439,214 | $0 | $0 |
| 2016 | $4,941 | $607,000 | $392,500 | $214,500 |
| 2015 | $4,387 | $477,700 | $331,300 | $146,400 |
| 2014 | $4,371 | $326,559 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Sherman
Seller's Agent in 2025
Robert Sherman
PREMIER SOTHEBY'S INTERNATIONAL REALTY
(941) 313-1301
19 in this area
121 Total Sales
-
Steven Koleno
Seller's Agent in 2025
Steven Koleno
BEYCOME OF FLORIDA LLC
(312) 300-6768
3 in this area
11,203 Total Sales
-
Tina Renta
Buyer's Agent in 2025
Tina Renta
KELLER WILLIAMS ISLAND LIFE REAL ESTATE
(941) 600-7361
2 in this area
81 Total Sales
Map
Source: Stellar MLS
MLS Number: O6272492
APN: 0082-06-0049
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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