$1,000,000
SOLD FEB 13, 2023

4879 Commonwealth Dr Sarasota, FL 34242

4 Beds
3 Baths
2,341 Sq Ft
0.25 Acres

Recently Sold

$427 Per Sq Ft

47% Below List Price

82 Days on Market

Highlights

  • Screened Pool
  • View of Trees or Woods
  • Midcentury Modern Architecture
  • Phillippi Shores Elementary School Rated A
  • Open Floorplan
  • Property is near public transit

About This Home

As of February 2023

Presenting a rare find! Mid Century modern open plan in the style of the Sarasota School of Architecture on Siesta Key, only a few blocks to Roberts Bay. This staged open plan home features 2,341 square feet of light and bright zoned air-conditioned living space, a rarity as most Sarasota School of Architecture homes are much smaller, and this particular design also features pecky cypress accents. Four bedrooms and three baths situated on a quiet, private, beautifully wooded double lot just minutes to world-renowned Siesta Key Beach and shopping and restaurants in Siesta Key Village. A master bedroom suite with separate door to the exterior of the home includes a master bath that features a whirlpool tub and a separate shower. Master bedroom has cherry floors and coved ceiling details also make this a very special retreat. The fourth bedroom is decked out with exercise equipment or could be that perfect home office. Fortunately, Hurricane Ian created zero damage and is a testament to the strength and durability of this extremely well-maintained and very much loved home. It even has a cozy wood-burning fireplace in the living room to take the chill off for those cool winter evenings. This design even decided to go with a split bedroom plan for comfort and privacy and a separate family room. A beautiful, spacious updated kitchen with custom maple all-wood cabinetry plus two-year-new appliances create a culinary dream come true. The spacious caged and heated saltwater pool welcomes you for exercise and cool enjoyment in the midst of lush tropical landscaping. Even the roof was replaced in 2007 but also upgraded even more in 2021 with two coats of Lanco waterproofing rubberized membrane to further protect the home. A magnificent sprawling oak tree graces the front entry of this superbly built home plus circular driveway. And no HOA or CDD fees to budget for here! But you need to see this for yourself — call us now for your private showing.

Last Agent to Sell the Property

Frank Lambert

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0345242 Listed on: 10/21/2022

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Co-Listed By

Anita Lambert

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0476634

Last Buyer's Agent

Daniel Petrilla

PREFERRED SHORE LLC License #3524992

PREFERRED SHORE LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,855

Year Built

  • Built in 1957

Lot Details

  • 0.25 Acre Lot
  • Southwest Facing Home
  • Wood Fence
  • Mature Landscaping
  • Landscaped with Trees
  • Property is zoned RSF2

Home Design

  • Midcentury Modern Architecture
  • Florida Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Membrane Roofing

Interior Spaces

  • 2,341 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Views of Woods

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Brick
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • Circular Driveway
  • Open Parking

Accessible Home Design

  • Accessible Bedroom
  • Accessibility Features

Eco-Friendly Details

  • HVAC UV or Electric Filtration

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Gunite Pool
  • Saltwater Pool
  • Fence Around Pool
  • Pool Alarm

Outdoor Features

  • Enclosed patio or porch
  • Outdoor Storage
  • Rain Gutters

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Siesta Beach Community
  • Siesta Beach Subdivision
  • The community has rules related to vehicle restrictions
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,855

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida, Mid-Century Modern
  • Construction Materials: Other, Wood Frame
  • Fireplace: Yes
  • Living Area: 2341
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1957
  • Accessibility Features: Accessible Bedroom
  • Building Area Total: 2886
  • Lot Size Sq Ft: 11066
  • Directions to Property: From I75, take Bee Ridge exit west, cross US41 onto Bay Rd which becomes Osprey Ave. Turn left/west onto Siesta Dr., follow over north bridge onto Siesta Key and Higel Ave. At traffic light, bear left onto Midnight Pass Road. After humpback bridge, tur right onto Commonwealth Drive. Property is on left/east side of street.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4550027?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4550027?w=Customer
  • Floor Number: 1
  • Homestead Y N: Yes
  • Number Of Pets: 10+
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-364-4000
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.6689
  • Price per Sq Ft: 427.17
  • Close to Original List Price Ratio: 0.53333
  • Ratio: Current Price\Building Area Total: 346.5
  • View: Yes
  • Co List Office Mls Id: 281519790
  • Co List Office Phone: 941-364-4000
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Brick/Stone, Ceramic Tile, Hardwood
  • Full Bathrooms: 3
  • Interior Amenities: Accessibility Features, Built in Features, Ceiling Fans(s), Crown Molding, Kitchen/Family Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 4879
  • Room Count: 10
  • Additional Rooms: Family Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: Gunite, Heated, In Ground, Pool Alarm, Salt Water, Screen Enclosure
  • Exterior Features: Hurricane Shutters, Rain Gutters, Sliding Doors, Storage
  • Roof: Membrane
  • Pool Private: Yes
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Patio, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0141F

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Circular Driveway, Driveway, Open
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Connected
  • Cooling: Central Air, Other, Zoned
  • Heating: Central, Electric
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Amenities: Vehicle Restrictions
  • Association: No
  • Security: Fire Alarm, Security System, Smoke Detector(s)
  • 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: 0081070026
  • Additional Parcels: No
  • Fencing: Wood
  • Lot Features: FloodZone, In County, Near Public Transit
  • Property Attached Yn: Yes
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Indoor Air Qlty: HVAC UV/Elec. Filtration

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Minimum Lease: 1 Month
  • Approval Process: As per Lauren the County Zoning Dept. on 10/26/22– 4879 Commonwealth is RSF2 Zoning & Min of 30 day rental period. Parts of Siesta Key are RMF Zoning – RMF Zoning allows weekly minimum rental periods. Certification and inspection required by County.
  • Pet Restrictions: NONE
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: View Sarasota County Restrictions which have 30 day minimum lease period in RSF zoning group which is the zoning of this property.

Tax Info

  • Tax Annual Amount: 3855
  • Tax Block: 21
  • Tax Book Number: 1037-423
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Feb 10, 2023
Sold by
Menard Arthur P and Menard Ellen T
Bought by
Petrilla Family Investments Llc
Seller's Agent
Frank Lambert
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Daniel Petrilla
PREFERRED SHORE LLC
List Price
$1,875,000
Sold Price
$1,000,000
Premium/Discount to List
-$875,000
-46.67%
Views
81

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.66%
Original Mortgage
$1,000,000
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2022
Sold by
Larsen Julia H
Bought by
Suarez Melissa A

Purchase Details

Closed on
Dec 29, 2003
Sold by
Halliwell Group Inc
Bought by
Menard Arthur P and Menard Ellen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,400
Interest Rate
6.05%

Purchase Details

Closed on
Oct 22, 1999
Sold by
Nagle Victoria G
Bought by
Nagle Victoria G
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,000,000 --
Warranty Deed $1,350,000 Berlin Patten Ebling Pllc
Warranty Deed $508,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $466,200 Small Business Administration
Open $1,350,000 New Conventional
Closed $1,000,000 New Conventional
Previous Owner $406,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/04/2025 07/04/25 For Rent $16,500 0.0% --
07/03/2025 07/03/25 For Sale $1,895,000 0.0% $773 / Sq Ft
03/25/2024 03/25/24 Rented $16,000 -13.5% --
01/05/2024 01/05/24 Price Changed $18,500 +48.0% $8 / Sq Ft
12/18/2023 12/18/23 Price Changed $12,500 -16.7% $5 / Sq Ft
11/15/2023 11/15/23 For Rent $15,000 0.0% --
02/13/2023 02/13/23 Sold $1,000,000 -33.1% $427 / Sq Ft
01/12/2023 01/12/23 Pending -- -- --
11/07/2022 11/07/22 Price Changed $1,495,000 -20.3% $639 / Sq Ft
10/21/2022 10/21/22 For Sale $1,875,000 -- $801 / 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 $10,412 $882,400 $662,600 $219,800
2023 $10,412 $848,400 $623,000 $225,400
2022 $3,898 $321,559 $0 $0
2021 $3,855 $312,193 $0 $0
2020 $3,863 $307,883 $0 $0
2019 $3,729 $300,961 $0 $0
2018 $3,641 $295,349 $0 $0
2017 $3,623 $289,274 $0 $0
2016 $3,637 $384,600 $234,100 $150,500
2015 $3,701 $431,500 $299,800 $131,700
2014 $3,687 $274,997 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4550027

Stellar MLS

APN: 0081-07-0026