$882,500
SOLD MAR 7, 2025

431 Island Cir Sarasota, FL 34242

4 Beds
2.5 Baths
2,346 Sq Ft
0.28 Acres

Recently Sold

$376 Per Sq Ft

9% Below List Price

Highlights

  • In Ground Pool
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • Phillippi Shores Elementary School Rated A
  • No HOA
  • Closet Cabinetry

About This Home

As of March 2025

Water-damaged home with tons of potential. Great opportunity to own on Siesta Key.

Last Agent to Sell the Property

Robert Sherman

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #3099603 Listed on: 02/26/2025

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Tina Renta

KELLER WILLIAMS ISLAND LIFE REAL ESTATE License #3269694

KELLER WILLIAMS ISLAND LIFE REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,238

Year Built

  • Built in 1962

Lot Details

  • 0.28 Acre Lot
  • Northeast Facing Home
  • Wood Fence
  • Metered Sprinkler System
  • Property is zoned RSF2

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,346 Sq Ft Home
  • Sliding Doors
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Laundry Room

Kitchen

  • Microwave
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Closet Cabinetry
  • Walk-In Closet

Pool

  • In Ground Pool
  • Saltwater Pool
  • Outdoor Shower

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Sarasota Beach Community
  • Sarasota Beach Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,238

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2346
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 1962
  • Building Area Total: 3050
  • Lot Size Sq Ft: 12026
  • Directions to Property: Ocean Blvd to left on Canal Road; Left on Calle Florida; left on Island Circle to house on the right.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 537903989
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 376.17
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-364-4000
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Wood Cabinets, Walk-In Closet(s)
  • Appliances Included: Microwave
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Yn: No
  • Street Number Modifier: 431
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 217.95
  • Room Count: 3

Exterior Features

  • Direction Faces: Northeast
  • Pool Features: In Ground, Salt Water
  • Exterior Features: Irrigation System, Outdoor Shower, Sliding Doors, Sprinkler Metered
  • Roof: Metal
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2024-03-27
  • Flood Zone Panel: 12115C0143G

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0082060049
  • Additional Parcels: No
  • Fencing: Wood
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 1117

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 6238
  • Tax Block: 5
  • Tax Book Number: 1-76
  • Tax Lot: 32

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
$973,476

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%
Source: Public Records

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Range of Values:

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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 $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

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 $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

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Map

Source: Stellar MLS

MLS Number: A4642278

Stellar MLS

APN: 0082-06-0049