NOT LISTED FOR SALE

490 Island Cir Siesta Key, FL 34242

Estimated Value: $3,896,000 - $4,260,975

5 Beds
7 Baths
5,299 Sq Ft
$781/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $3,500,000 $661 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $25,384/month

1 Day on Market

Highlights

  • 152 Feet of Waterfront
  • Boat Lift
  • Canal View
  • Phillippi Shores Elementary School Rated A
  • Heated In Ground Pool
  • Fruit Trees

About This Home

As of July 2021

Exquisite waterfront private paradise in a prime location on Siesta Key! The circular brick paved driveway precedes this stunning custom home. Meticulously maintained with the highest quality of craftsmanship. The open floor plan features 10' ceilings, family room and gourmet kitchen with high end appliances, walk-in butlers pantry with sink and refrigerator, solid wood custom cabinets, acacia hardwood floors, coffered ceiling in great room and crown molding throughout. Bedrooms have private outside access to lanai and lower level. Peaceful screened lanai with tongue and groove ceiling overlook the very private yard with gunite pool and spa and a private dock with 10,000 lb. boat lift, only minutes to the bay. Just steps to the white sand beach and 1/2 mile walk to Siesta Village!

Last Agent to Sell the Property

Doug Addeo

COMMUNITY REALTY ASSOCIATES License #559732 Listed on: 05/05/2021

Last Buyer's Agent

Patti O Grady

WATERSIDE REALTY LLC License #3127396

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,287

Year Built

  • Built in 2014

Lot Details

  • 0.34 Acre Lot
  • 152 Feet of Waterfront
  • Property fronts a saltwater canal
  • East Facing Home
  • Fenced
  • Corner Lot
  • Fruit Trees
  • Property is zoned RSF2

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Open Parking

Home Design

  • Tri-Level Property
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 5,299 Sq Ft Home
  • Wet Bar
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Canal Views
  • Fire and Smoke Detector
  • Attic
  • Basement

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Spa

Outdoor Features

  • Access to Saltwater Canal
  • Boat Lift
  • Open Dock
  • Balcony
  • Screened Patio
  • Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Community Details

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

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,287

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Other
  • Fireplace: Yes
  • Living Area: 5299
  • Lot Size Acres: 0.34
  • New Construction: No
  • Year Built: 2014
  • Lot Size Sq Ft: 14736
  • Directions to Property: Beach Rd to north on Avenida Del Mare, Left on Canal Rd to Rt on Calle Florida, turn Left on Island Circle
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3305052?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3305052?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 660.5
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Family Room
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Walk-In Closet(s), Wet Bar
  • Appliances Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Basement
  • Total Bedrooms: 5
  • Levels: Three Or More
  • Spa Yn: Yes
  • Window Features: Blinds
  • Street Number Modifier: 490
  • Room Count: 9
  • Additional Rooms: Attic, Family Room, Florida Room

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Balcony, Fenced
  • Roof: Tile
  • Pool Private: Yes
  • Waterfront: Yes
  • Patio and Porch Features: Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View: Canal
  • Water Access: Canal - Saltwater
  • Water Extras: Dock - Open, Lift
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0143F
  • Waterfront Frontage: 152
  • Water Frontage Feet Canal Salt: 152
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Security: Fire Alarm, Smoke Detector(s)
  • Senior Community: No

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0082110072
  • Additional Parcels: No
  • Lot Features: Corner Lot
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04

Tax Info

  • Tax Annual Amount: 27287
  • Tax Block: 4
  • Tax Book Number: 1-76
  • Tax Lot: 18

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
Jul 12, 2021
Sold by
Wachowiak Bradley J and Wachowiak Katherine
Bought by
Morrish Zachary W and Zachary W Morrish Revocable Tr
Seller's Agent
Doug Addeo
COMMUNITY REALTY ASSOCIATES
Buyer's Agent
Patti O Grady
WATERSIDE REALTY LLC
List Price
$3,500,000
Sold Price
$3,500,000
Current Estimated Value
$4,136,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$636,744
Avg. Annual Appreciation
4.02%

Purchase Details

Closed on
Jun 26, 2013
Sold by
Wachowiak Gregory
Bought by
Wachowiak Bradley J and Wachowiak Katherine

Purchase Details

Closed on
Jul 31, 2008
Sold by
Freedom Bank
Bought by
Wachowiak Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2008
Sold by
486 I C Associates Llc
Bought by
Freedom Bank

Purchase Details

Closed on
Feb 15, 2006
Sold by
Waldock Alan J and Waldock Michele L
Bought by
486 I C Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Morrish Zachary W $3,500,000 Attorney
Wachowiak Bradley J $462,200 Attorney
Wachowiak Gregory $330,000 Longboat Title Services Lc
Wachowiak Gregory $330,000 Longboat Title Services Lc
Freedom Bank -- None Available
486 I C Associates Llc $1,325,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wachowiak Gregory $231,000
Previous Owner 486 I C Associates Llc $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2021 07/12/21 Sold $3,500,000 0.0% $661 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $3,500,000 -- $661 / 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 $40,383 $3,494,180 -- --
2023 $40,383 $3,392,408 $0 $0
2022 $39,491 $3,293,600 $1,150,700 $2,142,900
2021 $29,812 $2,391,800 $832,200 $1,559,600
2020 $27,287 $2,103,700 $623,800 $1,479,900
2019 $25,481 $1,969,700 $591,400 $1,378,300
2018 $25,473 $1,966,500 $610,300 $1,356,200
2017 $25,519 $1,935,900 $514,000 $1,421,900
2016 $26,538 $2,038,800 $485,500 $1,553,300
2015 $26,109 $1,963,200 $716,200 $1,247,000
2014 $8,818 $575,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3305052

Stellar MLS

APN: 0082-11-0072