4522 Banan Place Sarasota, FL 34242
2
Beds
2
Baths
1,104
Sq Ft
0.25
Acres
Highlights
- Oak Trees
- Lake View
- Deck
- Phillippi Shores Elementary School Rated A
- Open Floorplan
- Living Room with Fireplace
About This Home
As of May 2019Lowest Priced Home on Siesta Key! Welcome to Siesta Key, home of the world-famous Siesta Beach and a vibrant community close to shopping, fine dining, entertainment, outdoor activities, endless sunshine and within walking distance to renowned Out of Door Academy. This charming home with shutters and brick façade sits on a spacious lot with native landscaping and a sparkling lake view of Lake Nancy from your front door. A stylish renovation completed in January of 2019 includes: new flooring in the main living areas, freshly painted interior and exterior, all new stainless appliances, new wood cabinetry installed throughout, new granite counters, new sinks and faucets and new bath wall tile complete the space. The open floor plan offers seamless entertaining and features a stone fireplace that makes this space cozy and inviting. The kitchen opens to the dining room and the Florida room featuring wood beams and views of the lush backyard. There are two bedrooms and two bathrooms ready for friends and family. The spacious backyard has a deck for you to enjoy endless afternoons in the quiet shade of oak trees and even has room for a sparkling pool. This cozy home is perfect for your quiet escape, but still close to the activity of Siesta Key and only 1.5 miles from world-renowned Siesta Beach. Near the north bridge to the mainland, visit downtown Sarasota for an endless variety of arts and culture. Experience island living near the beach, the perfect complement to the laidback Siesta Key lifestyle.
Last Agent to Sell the Property
MICHAEL SAUNDERS & COMPANY License #3176388 Listed on: 10/31/2018
Co-Listed By
Greg Van Natter
License #3270883
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,198
Year Built
- Built in 1962
Lot Details
- 0.25 Acre Lot
- East Facing Home
- Fenced
- Mature Landscaping
- Oak Trees
- Property is zoned RSF2
Parking
- 1 Carport Space
Property Views
- Lake
- Woods
Home Design
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Block Exterior
Interior Spaces
- 1,104 Sq Ft Home
- Open Floorplan
- Ceiling Fan
- Wood Burning Fireplace
- Blinds
- Family Room
- Living Room with Fireplace
- Combination Dining and Living Room
- Inside Utility
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Terrazzo
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Outdoor Features
- Deck
Schools
- Phillippi Shores Elementary School
- Brookside Middle School
- Sarasota High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- Ocean Beach Community
- Ocean Beach Rep Subdivision
- Rental Restrictions
Listing and Financial Details
- Down Payment Assistance Available
- Visit Down Payment Resource Website
- Legal Lot and Block 6 / A
- Assessor Parcel Number 0079060002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 14, 2023
Sold by
Gary Stephen P
Bought by
Gary Stephen P
Purchase Details
Listed on
Oct 31, 2018
Closed on
May 10, 2019
Sold by
Crossman Joseph L
Bought by
Gary Stephen P and Gary Kimberly M
Seller's Agent
Stacy Haas, PL
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Barbara Dumbaugh
MICHAEL SAUNDERS & COMPANY
List Price
$500,000
Sold Price
$432,500
Premium/Discount to List
-$67,500
-13.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%
Original Mortgage
$432,500
Interest Rate
4%
Mortgage Type
VA
Purchase Details
Listed on
Apr 13, 2018
Closed on
May 18, 2018
Sold by
Hurxthal Thomas L
Bought by
Crossman Joseph L
Seller's Agent
Dawn Bear
WILLIAM RAVEIS REAL ESTATE
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$445,000
Sold Price
$420,000
Premium/Discount to List
-$25,000
-5.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.04%
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 |
|---|---|---|---|
| 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
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
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 | $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
Agents Affiliated with this Home
-
Michelle Shiver
Seller's Agent in 2025
Michelle Shiver
KELLER WILLIAMS ON THE WATER S
(352) 895-5779
18 in this area
74 Total Sales
-
Allan Nemore
Seller Co-Listing Agent in 2025
Allan Nemore
KELLER WILLIAMS ON THE WATER S
(941) 404-4737
27 in this area
49 Total Sales
-
Stacy Haas, PL
Seller's Agent in 2019
Stacy Haas, PL
Michael Saunders
(941) 587-4359
257 Total Sales
-
G
Seller Co-Listing Agent in 2019
Greg Van Natter
-
Greg VanNatter
G
Seller Co-Listing Agent in 2019
Greg VanNatter
COLDWELL BANKER REALTY
(313) 888-8800
2 Total Sales
-
Barbara Dumbaugh
Buyer's Agent in 2019
Barbara Dumbaugh
Michael Saunders
(941) 350-3743
7 in this area
52 Total Sales
Map
Source: Stellar MLS
MLS Number: A4417696
APN: 0079-06-0002
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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