NOT LISTED FOR SALE

467 Meadow Lark Dr Sarasota, FL 34236

Estimated Value: $5,175,000 - $8,077,000

5 Beds
5.5 Baths
6,579 Sq Ft
$1,064/Sq Ft Est. Value

Last Sold June 01, 2017

Last sale price $6,350,000 $965 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $45,667/month

9 Days on Market

Highlights

  • 143 Feet of Bay Harbor Waterfront
  • Water Access
  • Open Floorplan
  • Southside Elementary School Rated A
  • Heated In Ground Pool
  • Deck

About This Home

As of June 2017

This is one of Sarasota’s most exquisite Bayfront homes, nestled in the fabulous island neighborhood of Bird Key. Encompassing 6,500+ square feet of living space, designed by Architect Cliff Scholz and built by Mike Collingwood, this remarkable residence is full of authentic charm and everlasting appeal. With far-reaching views spanning almost a lot and a half across Sarasota Bay, the essence of Mizner’s Palm Beach is infused with the low-key elegance of Sarasota throughout this graceful masterpiece, with a level of workmanship and openness that would be practically impossible to replicate. Brilliantly designed and tastefully presented, the generously proportioned living spaces include five bedroom suites, a handsome study, charming courtyards, a waterfront exercise room and marble-wrapped kitchen which provides a culinary centerpiece open to the family and dining rooms. The ethereal master suite, located on the first floor, features two private bathrooms, as well as simply magnificent views across the waterscape. Finishes of the finest caliber include gleaming cypress, patterned marble and beautifully textured coral stone. Experience the outdoors from the sweeping terraces and invigorating Bayfront pool and dock. Just a short drive to downtown Sarasota, St. Armands Circle and the beaches of Lido or Longboat Key. This exceptional home is a true slice of heaven with a landmark Sarasota address.

Last Agent to Sell the Property

Marcia Salkin

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-951-6660 License #0353704 Listed on: 03/06/2017

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Reid Murphy

DEVELOPERS REALTY LBK, INC License #0613756

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $65,414

Year Built

  • Built in 1999

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 143x150
  • 143 Feet of Bay Harbor Waterfront
  • Northwest Facing Home
  • Fenced
  • Mature Landscaping
  • Irrigation
  • Property is zoned RSF1

HOA Fees

  • $81 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Rear-Facing Garage
  • Side Facing Garage

Home Design

  • Mediterranean Architecture
  • Bi-Level Home
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 6,579 Sq Ft Home
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar Fridge
  • Crown Molding
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Breakfast Room
  • Den
  • Storage Room
  • Inside Utility

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops
  • Solid Wood Cabinet

Flooring

  • Wood
  • Brick
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Outdoor Shower
  • Heated Spa

Outdoor Features

  • Water Access
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Schools

  • Southside Elementary School
  • Booker Middle School
  • Booker High School

Additional Features

  • Flood Zone Lot
  • Zoned Heating and Cooling

Listing and Financial Details

  • Legal Lot and Block 34 / 13
  • Assessor Parcel Number 2012110007

Community Details

Overview

  • Bird Key Sub Community
  • Bird Key Subdivision
  • The community has rules related to building or community restrictions, deed restrictions

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$65,414

Year Built

Built in 1999

Lot Details

0

HOA Fees

$81 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 6579
  • Lot Size Acres: 0.49
  • New Construction: No
  • Year Built: 1999
  • Building Area Total: 9520
  • Lot Size Sq Ft: 21499
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • RATIO Current Price By Calculate: 965.19
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Attribution Contact: 941-951-6660
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Living Room
  • Living Area Units: Square Feet
  • Flooring: Brick, Carpet, Marble, Wood
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Crown Molding, Elevator, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Dishwasher, Dryer, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Features: Heated
  • Spa Yn: Yes
  • Window Features: Blinds, Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Breakfast Room Separate,Den/Library/Office,Family Room,Foyer,Great Room,Inside Utility,Storage Rooms
  • Living Area Meters: 611.21

Exterior Features

  • Direction Faces: Northwest
  • Pool Features: Heated, In Ground
  • Exterior Features: Balcony, French Doors, Irrigation System, Lighting, Outdoor Shower
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • Water Body Name: SARASOTA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 143
  • Flood Zone Panel: 12115C0133F
  • Water Frontage Feet Bay Harbor: 143

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Faces Rear, Garage Faces Side

Utilities

  • Cooling: Central Air, Zoned
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Special Community Restrictions, Water Access
  • Association Amenities: Security
  • Association Fee: 975
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 975.00
  • Total Monthly Fees: 81.25
  • Monthly HOA Amount: 81.25

Schools

  • Elementary School: Southside Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: RSF1
  • Parcel Number: 2012110007
  • Additional Parcels: No
  • Fencing: Fenced
  • Lot Features: FloodZone, City Limits, Paved
  • Lot Dimensions: 143x150
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 65414
  • Tax Block: 13
  • Tax Book Number: 11-20
  • Tax Lot: 34

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2017
Closed on
Jun 1, 2017
Sold by
Polley Chari B and Polley Paul B
Bought by
Park Teresa and Meadow Lark Trust
Seller's Agent
Marcia Salkin
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Reid Murphy
DEVELOPERS REALTY LBK, INC
List Price
$6,525,000
Sold Price
$6,350,000
Premium/Discount to List
-$175,000
-2.68%
Current Estimated Value
$7,000,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$650,182
Avg. Annual Appreciation
1.17%

Purchase Details

Closed on
Feb 2, 1998
Sold by
Galston Reuben M and Galston Beatrice
Bought by
Polley Chari B
Source: Public Records

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 Buyer Sale Price Title Company
Park Teresa $6,350,000 Attorney
Polley Chari B $995,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Off Market $6,350,000 -- --
06/01/2017 06/01/17 Sold $6,350,000 -2.7% $965 / Sq Ft
03/16/2017 03/16/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $6,525,000 -- $992 / 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 $107,348 $7,700,727 -- --
2023 $107,348 $7,514,100 $4,012,500 $3,501,600
2022 $102,098 $7,402,000 $4,106,100 $3,295,900
2021 $91,203 $5,897,800 $3,604,900 $2,292,900
2020 $84,504 $5,259,700 $3,066,100 $2,193,600
2019 $85,486 $5,333,800 $2,910,400 $2,423,400
2018 $77,731 $4,830,700 $2,670,700 $2,160,000
2017 $64,606 $4,007,602 $0 $0
2016 $64,421 $5,345,000 $2,863,500 $2,481,500
2015 $65,414 $5,145,100 $2,835,900 $2,309,200
2014 $65,382 $3,802,042 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4179943

Stellar MLS

APN: 2012-11-0007