NOT LISTED FOR SALE

4520 Higel Ave Sarasota, FL 34242

Estimated Value: $882,000 - $1,249,000

3 Beds
3 Baths
2,214 Sq Ft
$489/Sq Ft Est. Value

Last Sold March 20, 2024

Last sale price $1,225,000 $553 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $6,262/month

248 Days on Market

Highlights

  • 53 Feet of Lake Waterfront
  • Parking available for a boat
  • Open Floorplan
  • Phillippi Shores Elementary School Rated A
  • Screened Pool
  • Traditional Architecture

About This Home

As of March 2024

New Roof December 2023! NEW HEATED SALT POOL, 1600+ SF LANAI AND SCREEN ENCLOSURE 2022! Experience island living at its best in desirable North Siesta Key. Situated on a private waterfront lot on picture-perfect Lake Nancy, 1 mile to world renowned #1 rated Siesta Key Beach, this 2214 sf, 3-bedroom 3 full bath + office home boasts countless recent updates/upgrades. The open concept split floor plan features a newly updated kitchen, with all new stainless appliances including hood, range, refrigerator and dishwasher, large granite peninsula with seating for 4, Italian soft close cabinetry, designated breakfast area and custom designed and installed pantry by Closets By Design. The main living space and spacious dining room, all with water views, are light and bright and feature new all wood, professionally installed plantation shutters, new lighted designer ceiling fans and ceramic tile floors. The owner's suite is a peaceful retreat with water views, French doors and private access to the outdoor space and boasts a recently renovated owners closet including a brand-new closet system and convenient laundry room with full size Samsung washer dryer and new organizational shelving. The spacious owner's bath is spa-like with a large all glass and tile walk-in shower, soaking jetted tub, granite counters with dual sinks and features new custom lighting and mirrors and pool lanai access. The 2 guest bedrooms are spacious and bright and each have a designated full bath with granite counters, jetted soaking tubs, new lighting and mirrors. A complete backyard transformation, sited on 53' of peaceful lakefront, was professionally designed and executed making the most of the outdoor space and adding over 1600+ sf of enjoyable lakefront living. The new heated salt pool is expansive at 28'x15', is 6 ft deep and features custom lighting, tile and multiple seating areas. The expertly installed screen enclosure boasts 9ft high walls and 20/20 screening. The paver hardscape is truly an extension of the indoor space and offers multiple seating, dining and lounge areas. New custom landscape and exterior lighting, fencing and gravel complete the backyard outdoor renovation. 2 car attached garage with separate storage room and storage shelving has been professionally outfitted with spray foam insulation to maximize energy efficiency. Property is newly fully fenced, with plenty of room to park your boat or golf cart and keep any pets secure. All new tropical landscaping professionally installed and maintained affording the utmost in privacy. Enjoy kayaking and fishing on Lake Nancy! Additional updates include: HVAC 2020, efficient and high-capacity tankless water heater 2021, impact windows, LED lighting throughout, new wide plank, easy care, luxury vinyl flooring in all bedrooms, new closet organization shelving throughout, professionally painted interior including trim and smooth drywall on all walls and ceilings. Perfect as a permanent residence, vacation home or profitable income property, and just a short stroll or golf cart ride to cafes and shops in the nearby bustling Siesta Key village, and lower campus of the Out of Door Academy (ODA) this residence will not last long. Don't miss out on this fantastic opportunity!

Last Agent to Sell the Property

Lenore Treiman

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-951-6660 License #0511583 Listed on: 06/16/2023

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Kate Teixeira

COLDWELL BANKER REALTY License #3482569

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,999

Year Built

  • Built in 1958

Lot Details

  • 10,326 Sq Ft Lot
  • 53 Feet of Lake Waterfront
  • Lake Front
  • East Facing Home
  • Fenced
  • Mature Landscaping
  • Property is zoned RSF2

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Guest Parking
  • Parking available for a boat
  • Golf Cart Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,214 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Shutters
  • Sliding Doors
  • Breakfast Room
  • Formal Dining Room
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Fence, Lighting or Alarms
  • High Impact Windows
  • Fire and Smoke Detector

Accessible Home Design

  • Visitor Bathroom
  • Accessible Bedroom
  • Accessible Approach with Ramp

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Gunite Pool
  • Saltwater Pool
  • Fence Around Pool
  • Pool has a Solar Cover
  • Pool Alarm
  • Pool Sweep
  • Pool Tile
  • Pool Lighting

Outdoor Features

  • Access To Lake
  • Screened Patio
  • Exterior Lighting
  • Rain Gutters
  • Private Mailbox

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Ocean Beach Community
  • Ocean Beach Rep Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,999

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Construction Materials: Brick, Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 2214
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1958
  • Accessibility Features: Accessible Approach with Ramp, Accessible Bedroom, Visitor Bathroom
  • Building Area Total: 2703
  • Lot Size Sq Ft: 10326
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow State: FL
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 553.30
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • Attribution Contact: 941-951-6660
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Vinyl
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Primary Bedroom Main Floor, Open Floorplan, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Impact Glass/Storm Windows, Shutters
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Breakfast Room Separate,Formal Dining Room Separate
  • Living Area Meters: 205.69

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite, Heated, In Ground, Lighting, Pool Alarm, Pool Sweep, Salt Water, Screen Enclosure, Solar Cover, Tile
  • Exterior Features: Lighting, Private Mailbox, Rain Gutters, Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • View: Water
  • Water Body Name: LAKE NANCY
  • Waterfront: Yes
  • Patio and Porch Features: Screened
  • Road Surface Type: Asphalt
  • Water Access: Lake
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 53
  • Water Frontage Feet Lake: 53
  • Additional Water Information: Fishing & Kayaking permitted.

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Boat, Driveway, Garage Door Opener, Golf Cart Parking, Guest

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Sewer Connected, Street Lights, 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
  • Security: Security Fencing/Lighting/Alarms, Security System, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

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

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0079060011
  • Additional Parcels: No
  • Fencing: Fenced
  • Flood Zone Code: AE

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See Sarasota County rental restrictions .

Tax Info

  • Tax Annual Amount: 6999
  • Tax Block: A
  • Tax Book Number: 488-889
  • Tax Lot: 1

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Mar 18, 2024
Sold by
Sallee Brandon J and Sallee Kelly
Bought by
Tevyaw Timothy J and Alkins Harris B
Seller's Agent
Lenore Treiman
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Kate Teixeira
COLDWELL BANKER REALTY
List Price
$1,450,000
Sold Price
$1,225,000
Premium/Discount to List
-$225,000
-15.52%
Views
498
Current Estimated Value
$1,082,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$142,093
Avg. Annual Appreciation
-7.37%
Original Mortgage
$918,750
Outstanding Balance
$905,500
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$177,407

Purchase Details

Listed on
Apr 19, 2018
Closed on
Mar 13, 2019
Sold by
Nichols Barbara C
Bought by
Sallee Brandon J and Sallee Kelly
Seller's Agent
June Howell
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Lenore Treiman
MICHAEL SAUNDERS & COMPANY
List Price
$685,000
Sold Price
$582,000
Premium/Discount to List
-$103,000
-15.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.98%
Original Mortgage
$465,600
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 8, 2010
Sold by
Beer Guenther
Bought by
Nichols Barbara C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,500
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2009
Sold by
Its Llc
Bought by
Beer Guenther and Gunther Beer Revocable Trust

Purchase Details

Closed on
Aug 13, 2007
Sold by
Aurora Loan Services Llc
Bought by
Its Llc

Purchase Details

Closed on
Jun 19, 2006
Sold by
Maharaj Krishna
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Nov 29, 2005
Sold by
Maharaj Krishna
Bought by
Maharaj Krishna and Wilson Micah

Purchase Details

Closed on
Jul 29, 2005
Sold by
Shaffer Linda L and Breslow Alan L
Bought by
Maharaj Krishna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
8.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 18, 2002
Sold by
Hiatt William E and Hiatt Louise S
Bought by
Shaffer Linda L and Breslow Alan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,600
Interest Rate
5.92%
Source: Public Records

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 Buyer Sale Price Title Company
Tevyaw Timothy J $1,225,000 None Listed On Document
Sallee Brandon J $582,000 Attorney
Nichols Barbara C $475,000 Attorney
Beer Guenther $192,200 Attorney
Its Llc $385,000 Attorney
Aurora Loan Services Llc -- Attorney
Maharaj Krishna -- None Available
Maharaj Krishna $775,000 Barnes Walker Title Inc
Shaffer Linda L $318,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tevyaw Timothy J $918,750
Previous Owner Sallee Brandon J $465,600
Previous Owner Nichols Barbara C $196,500
Previous Owner Maharaj Krishna $620,000
Previous Owner Shaffer Linda L $222,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2024 03/20/24 Sold $1,225,000 -7.5% $553 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
02/13/2024 02/13/24 Price Changed $1,324,999 -5.4% $598 / Sq Ft
01/29/2024 01/29/24 Price Changed $1,399,999 -3.4% $632 / Sq Ft
01/02/2024 01/02/24 For Sale $1,450,000 0.0% $655 / Sq Ft
12/20/2023 12/20/23 Pending -- -- --
12/11/2023 12/11/23 Price Changed $1,450,000 -3.0% $655 / Sq Ft
07/20/2023 07/20/23 Price Changed $1,495,000 -6.3% $675 / Sq Ft
07/11/2023 07/11/23 Price Changed $1,595,000 -3.3% $720 / Sq Ft
06/30/2023 06/30/23 Price Changed $1,650,000 -2.7% $745 / Sq Ft
06/16/2023 06/16/23 For Sale $1,695,000 +191.2% $766 / Sq Ft
03/13/2019 03/13/19 Sold $582,000 -6.1% $263 / Sq Ft View Prior Sale
02/04/2019 02/04/19 Pending -- -- --
01/22/2019 01/22/19 Price Changed $620,000 -1.4% $280 / Sq Ft
01/03/2019 01/03/19 Price Changed $629,000 -3.1% $284 / Sq Ft
07/23/2018 07/23/18 Price Changed $649,000 -3.9% $293 / Sq Ft
06/11/2018 06/11/18 Price Changed $675,000 -1.5% $305 / Sq Ft
04/19/2018 04/19/18 For Sale $685,000 -- $309 / 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 $6,999 $1,016,800 $558,300 $458,500
2023 $6,999 $588,338 $0 $0
2022 $5,519 $460,798 $0 $0
2021 $5,527 $447,377 $0 $0
2020 $5,549 $441,200 $257,900 $183,300
2019 $6,021 $447,600 $248,600 $199,000
2018 $2,321 $187,223 $0 $0
2017 $2,308 $183,372 $0 $0
2016 $2,291 $452,000 $232,600 $219,400
2015 $2,328 $464,800 $284,500 $180,300
2014 $2,318 $174,322 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4573406

Stellar MLS

APN: 0079-06-0011