NOT LISTED FOR SALE

4865 Commonwealth Dr Sarasota, FL 34242

Estimated Value: $1,009,321

3 Beds
2 Baths
1,948 Sq Ft
$518/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $620,000 $318 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $6,299/month

Highlights

  • Water Access
  • Custom Home
  • Wooded Lot
  • Phillippi Shores Elementary School Rated A
  • View of Trees or Woods
  • Wood Flooring

About This Home

As of January 2021

Welcome home to your new Siesta Key residence. Are you looking for a more peaceful and tranquil place to enjoy your life? Do you love to sip your morning cup of coffee watching the birds fly from tree to tree? You will fall in love the moment you open the door of this home. The spectacular backyard of this home can be viewed from many rooms in the house. The spacious lanai provides seating and dining space overlooking the lush plantings and greenery. This is one of the lowest priced homes on Siesta Key. It's less than 2 miles to the world famous sugar sand beaches of Siesta Key! The family room provides a place to play or perhaps work from home. This would make a great full time residence, second home or investment property with the split bedroom plan (master on one side of the house and two more bedrooms on the other side). Gleaming tile and wood floors throughout and stainless steel appliances are features that make living here a pleasure. Schedule an appointment to see this one today!

Last Agent to Sell the Property

Linda Moore

EXP REALTY LLC License #3093425 Listed on: 12/17/2020

EXP REALTY LLC

Co-Listed By

Kasey Truman

THE SUNSHINE STATE COMPANY License #3447354

Last Buyer's Agent

Laura Rode

KELLER WILLIAMS ON THE WATER S License #3307175

KELLER WILLIAMS ON THE WATER S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,545

Year Built

  • Built in 1975

Lot Details

  • 9,798 Sq Ft Lot
  • Near Conservation Area
  • Street terminates at a dead end
  • Southwest Facing Home
  • Mature Landscaping
  • Wooded Lot
  • Landscaped with Trees
  • Property is zoned RSF2

Parking

  • 2 Car Attached Garage

Property Views

  • Woods
  • Garden

Home Design

  • Custom Home
  • Traditional Architecture
  • Florida Architecture
  • Courtyard Style Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,948 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Sun or Florida Room

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Water Access
  • Enclosed Patio or Porch
  • Rain Gutters

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Siesta Beach Community
  • Siesta Beach Subdivision
  • Rental Restrictions
  • Greenbelt

Recreation

  • Tennis Courts
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,545

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Courtyard, Custom, Florida, Ranch, Traditional
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1948
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 3200
  • Lot Size Sq Ft: 9798
  • Directions to Property: From North take Siesta Dr/Higel Ave south stay left at light on SR 758/Midnight Pass to Right on Commonwealth Dr. home is on left From South take Stickney Point bridge to right on Midnight Pass, stay right on Midnight Pass to Left on Commonwealth Dr. home is on left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4486338?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4486338?w=Customer
  • Floor Number: 1
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.98413
  • Price per Sq Ft: 318.28
  • Close to Original List Price Ratio: 0.98413
  • Ratio: Current Price\Building Area Total: 193.75
  • View: Yes
  • Co List Office Mls Id: 261010944
  • Co List Office Phone: 888-883-8509
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Master Bedroom Main Floor, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 4865
  • Room Count: 8
  • Additional Rooms: Florida Room
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Direction Faces: Southwest
  • Exterior Features: Rain Gutters, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Road Frontage Type: Street Dead-End
  • View: Garden, Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Park, Playground, Tennis Courts, Water Access
  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0081020039
  • Additional Parcels: No
  • Lot Features: Conservation Area, FloodZone, Greenbelt
  • Property Attached Yn: No
  • Flood Zone Code: A
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Minimum Lease: 1 Month
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See Sarasota County for rental guidelines

Tax Info

  • Tax Annual Amount: 4545.2
  • Tax Block: 21
  • Tax Book Number: 1037-423
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2020
Closed on
Jan 28, 2021
Sold by
Thomas Cheryl and Mcree Joan E
Bought by
Madelis Rasa and The Rasa Madelis Revocable Liv
Seller's Agent
Linda Moore
EXP REALTY LLC
Buyer's Agent
Laura Rode
KELLER WILLIAMS ON THE WATER S
List Price
$630,000
Sold Price
$620,000
Premium/Discount to List
-$10,000
-1.59%
Current Estimated Value
$1,009,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,321
Avg. Annual Appreciation
10.83%
Original Mortgage
$496,000
Outstanding Balance
$443,387
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$565,934

Purchase Details

Listed on
Mar 28, 2012
Closed on
May 2, 2012
Sold by
Us Bank National Association
Bought by
Thomas Cheryl and Mcree Joan E
Seller's Agent
Stephan Scalera
RE/MAX ALLIANCE GROUP
Buyer's Agent
Sherri Mills
MICHAEL SAUNDERS & COMPANY
List Price
$280,000
Sold Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.68%
Original Mortgage
$224,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2012
Sold by
Nay Tom and First State Bank
Bought by
Us Bank National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2005
Sold by
Long Francis B
Bought by
Nay John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,900
Interest Rate
1.37%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Madelis Rasa $620,000 Attorney
Thomas Cheryl $280,000 Attorney
Us Bank National Association $84,001 None Available
Nay John T $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madelis Rasa $496,000
Previous Owner Thomas Cheryl $224,000
Previous Owner Nay John T $399,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/29/2021 01/29/21 Sold $620,000 -1.6% $318 / Sq Ft
12/17/2020 12/17/20 Pending -- -- --
12/17/2020 12/17/20 For Sale $630,000 +125.0% $323 / Sq Ft
06/26/2012 06/26/12 Sold $280,000 0.0% $176 / Sq Ft View Prior Sale
04/07/2012 04/07/12 Pending -- -- --
03/28/2012 03/28/12 For Sale $280,000 -- $176 / 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 $12,069 $965,700 $627,800 $337,900
2023 $12,069 $992,900 $590,900 $402,000
2022 $10,249 $824,500 $545,200 $279,300
2021 $4,322 $348,005 $0 $0
2020 $4,333 $343,200 $292,500 $50,700
2019 $4,545 $364,300 $242,800 $121,500
2018 $4,896 $399,500 $272,800 $126,700
2017 $4,910 $388,560 $0 $0
2016 $4,780 $372,400 $221,900 $150,500
2015 $5,340 $405,400 $276,700 $128,700
2014 $5,580 $353,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4486338

Stellar MLS

APN: 0081-02-0039