NOT LISTED FOR SALE

4874 Commonwealth Dr Sarasota, FL 34242

Estimated Value: $1,660,000 - $2,462,000

4 Beds
2 Baths
2,664 Sq Ft
$774/Sq Ft Est. Value

Last Sold February 19, 2015

Last sale price $610,000 $229 Per Sq Ft

Est. 257% increase in value since last sale

Current estimated payment $12,242/month

193 Days on Market

Highlights

  • Water access To Gulf or Ocean
  • Boat Slip Deeded
  • Cathedral Ceiling
  • Phillippi Shores Elementary School Rated A
  • Canal View
  • No HOA

About This Home

As of February 2015

Short Sale. Best priced canal-front home on Siesta Key. Spacious 4br/2ba. Large deck overlooks wide canal with a 15,000 lb. boat lift accommodating up to a 50 ft. boat. This home is in extremely poor condition -- needs major work and updating. Both upstairs and downstairs kitchens are missing. The home has been vandalized. Mold underneath back decking. Carpet has been taken up. Price well below market.

Last Agent to Sell the Property

Gary Hoskins

COLDWELL BANKER REALTY License #3011318 Listed on: 04/18/2014

COLDWELL BANKER REALTY

Last Buyer's Agent

George Miller

COLDWELL BANKER REALTY License #3223623

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,777

Year Built

  • Built in 1984

Lot Details

  • 10,655 Sq Ft Lot
  • Property fronts a saltwater canal
  • Property is zoned RSF2

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,664 Sq Ft Home
  • Cathedral Ceiling
  • Canal Views
  • Laundry in unit

Flooring

  • Parquet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Water access To Gulf or Ocean
  • Access to Saltwater Canal
  • Boat Slip Deeded
  • Balcony

Location

  • Flood Zone Lot

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Siesta Beach Community
  • Siesta Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0081070023
  • Tax Block 22

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,777

Year Built

Built in 1984

Lot Details

10,655 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 2664
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1984
  • Building Area Total: 4348
  • Lot Size Sq Ft: 10655
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • RATIO Current Price By Calculate: 228.98
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Water Access YN: 1
  • Tax Year: 2013
  • Special Features: 4108

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Parquet
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: None
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Balcony
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Water Access: Canal - Saltwater,Gulf/Ocean
  • Water Extras: Dock - Slip Deeded On-Site
  • Water View: Canal
  • Water View YN: 1

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Available, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0081070023
  • Additional Parcels: No
  • Lot Features: FloodZone, In County, Paved
  • Flood Zone Code: AE
  • Future Land Use: 0100

Tax Info

  • Tax Annual Amount: 8777
  • Tax Block: 22
  • Tax Book Number: 01/167

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2016
Bought by
Watt Stuart G
Current Estimated Value
$2,175,255

Purchase Details

Listed on
Apr 18, 2014
Closed on
Feb 20, 2015
Sold by
Regas Mary Lynn and Regas Frank
Bought by
Seaview Investments Of Wildwood Crest Ll
Seller's Agent
Gary Hoskins
COLDWELL BANKER REALTY
Buyer's Agent
George Miller
COLDWELL BANKER REALTY
List Price
$724,900
Sold Price
$610,000
Premium/Discount to List
-$114,900
-15.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.72%

Purchase Details

Closed on
Nov 17, 1994
Sold by
Behrer Max Mathew
Bought by
Regas M Lyn and Lambert Frank J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
9.01%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Watt Stuart G $1,280,000 --
Seaview Investments Of Wildwood Crest Ll $615,700 Attorney
Regas M Lyn $263,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Regas M Lyn $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Off Market $610,000 -- --
02/19/2015 02/19/15 Sold $610,000 -10.2% $229 / Sq Ft
10/28/2014 10/28/14 Pending -- -- --
10/16/2014 10/16/14 Price Changed $679,000 -6.3% $255 / Sq Ft
09/07/2014 09/07/14 For Sale $724,900 0.0% $272 / Sq Ft
08/27/2014 08/27/14 Pending -- -- --
06/16/2014 06/16/14 For Sale $724,900 0.0% $272 / Sq Ft
04/28/2014 04/28/14 Pending -- -- --
04/17/2014 04/17/14 For Sale $724,900 -- $272 / Sq Ft
Source: Stellar MLS

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
2025 $12,572 $1,076,418 -- --
2024 $12,203 $1,046,082 -- --
2023 $12,203 $1,015,614 $0 $0
2022 $11,908 $986,033 $0 $0
2021 $11,842 $957,314 $0 $0
2020 $11,908 $943,308 $0 $0
2019 $11,566 $922,100 $440,000 $482,100
2018 $11,159 $889,100 $550,200 $338,900
2017 $11,561 $905,700 $532,000 $373,700
2016 $8,875 $646,200 $487,500 $158,700
2015 $8,776 $621,600 $485,800 $135,800
2014 $9,491 $611,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3996707

Stellar MLS

APN: 0081-07-0023

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