$629,000
$96K PRICE DROP

4522 Banan Place Sarasota, FL 34242

Estimated payment $3,528/month

Total Views 8,451
2 Beds
2 Baths
978 Sq Ft
$643 Price per Sq Ft

Highlights

  • In Ground Pool
  • Lake View
  • Living Room
  • Phillippi Shores Elementary School Rated A
  • No HOA
  • Laundry Room

About This Home

Existing home has been mitigated for water damage. One of the best values on Siesta Key. Ready for you to make it your own. Photos of the existing home are prior to the 2024 storm damage. Large lot at over 10,880 SF Right by Out of Door Academy and walking distance to beach and Siesta Village.

Last photo of new build home and floorplan are an example only that could be built on this lot by Cannon Homes. Current List price DOES NOT include this home but is only shown for example purposes of home that would fit on this lot** Separate pricing for this new build is available if desired.

Listing Agent

Michelle Shiver

KELLER WILLIAMS ON THE WATER S Brokerage Phone: 941-803-7522 License #3018043 Listed on: 02/04/2025

KELLER WILLIAMS ON THE WATER S

Co-Listing Agent

Allan Nemore

KELLER WILLIAMS ON THE WATER S Brokerage Phone: 941-803-7522 License #3392953

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $526

Year Built

  • Built in 1962

Lot Details

  • 0.25 Acre Lot
  • South Facing Home
  • Property is zoned RSF2

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 978 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Terrazzo Flooring
  • Lake Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

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

$526

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 978
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1962
  • Building Area Total: 1375
  • Lot Size Sq Ft: 10880
  • Directions to Property: Higel Ave to right on Reid St then right on Banan PL
  • Status: Active
  • Co List Office Mls Id: MFR281521326
  • Co List Office Phone: 941-803-7522
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1044707
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 643.15
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-803-7522
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other
  • Full Bathrooms: 2
  • Interior Amenities: Other
  • Appliances Included: Other
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 4522
  • Living Area Meters: 90.86
  • Room Count: 3

Exterior Features

  • Direction Faces: South
  • Pool Features: Gunite, In Ground
  • Exterior Features: Rain Gutters
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Limerock
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: 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: 0079060002
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 1011

Rental Info

  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: per Sarasota county Guidelines

Tax Info

  • Tax Annual Amount: 526.47
  • Tax Block: A
  • Tax Book Number: 488-889
  • Tax Lot: 6

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $437 $888,427 -- --
2023 $437 $740,900 $536,300 $204,600
2022 $7,053 $622,500 $458,300 $164,200
2021 $6,030 $461,100 $345,500 $115,600
2020 $3,201 $265,873 $0 $0
2019 $4,547 $336,900 $238,700 $98,200
2018 $5,197 $390,500 $335,000 $55,500
2017 $5,254 $362,010 $0 $0
2016 $4,587 $329,100 $242,800 $86,300
2015 $4,841 $362,400 $289,500 $72,900
2014 $4,434 $253,880 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 Price Changed $629,000 -3.1% --
07/07/2025 07/07/25 For Sale $649,000 0.0% --
06/17/2025 06/17/25 Off Market $649,000 -- --
05/21/2025 05/21/25 Price Changed $649,000 -3.0% --
04/13/2025 04/13/25 Price Changed $669,000 -6.4% --
04/06/2025 04/06/25 Price Changed $714,900 -1.4% --
01/24/2025 01/24/25 Price Changed $724,900 -3.2% --
01/17/2025 01/17/25 For Sale $749,000 +73.2% --
05/10/2019 05/10/19 Sold $432,500 -3.9% $392 / Sq Ft
04/02/2019 04/02/19 Pending -- -- --
02/25/2019 02/25/19 Price Changed $449,900 -6.3% $408 / Sq Ft
02/04/2019 02/04/19 Price Changed $480,000 -4.0% $435 / Sq Ft
01/18/2019 01/18/19 Price Changed $500,000 0.0% $453 / Sq Ft
01/18/2019 01/18/19 For Sale $500,000 +15.6% $453 / Sq Ft
12/11/2018 12/11/18 Off Market $432,500 -- --
10/31/2018 10/31/18 For Sale $455,000 +8.3% $412 / Sq Ft
05/18/2018 05/18/18 Sold $420,000 -5.6% $325 / Sq Ft
04/21/2018 04/21/18 Pending -- -- --
04/13/2018 04/13/18 For Sale $445,000 -- $344 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $100 --
Warranty Deed $432,500 Attorney
Warranty Deed $420,000 Tropical Shells Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $432,500 VA
Previous Owner $432,500 VA
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

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Source: Stellar MLS

MLS Number: A4639089

Stellar MLS

APN: 0079-06-0002