NOT LISTED FOR SALE

4901 Commonwealth Dr Sarasota, FL 34242

Estimated Value: $1,224,000 - $1,482,000

0.25 Acre
$5,239,900 Price per Acre
10,890 Sq Ft Lot

Last Sold February 15, 2022

Last sale price $450,000 $469 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $7,937/month

93 Days on Market

About This Lot

As of February 2022

BUILD YOUR DREAM HOME HERE IN THE HEART OF WORLD FAMOUS SIESTA KEY. ALSO AVAILABLE AS A 3 LOT AGGREATE WITH THE 2 LOTS NEXT DOOR LISTED SEPARATELY UNDER RES.

Last Agent to Sell the Property

Bob Stahlschmidt II

BRIGHT REALTY License #0629985 Listed on: 05/28/2021

BRIGHT REALTY

Last Buyer's Agent

Frank Lambert

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0345242

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,800

Lot Details

  • 0.25 Acre Lot

Community Details

  • Sarasota Beach Community

Property Details

Property Type

Land

Est. Annual Taxes

$12,800

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: MIDNIGHT PASS TO COMMONWEALTH BLVD
  • Lot Size: 52x120
  • Ownership: Fee Simple
  • Road Surface Type: Asphalt, Other, Paved
  • Subdivision Name: SIESTA BEACH
  • Total Acreage: 0 to less than 1/4
  • Ratio: Close Price\List Price: 0.9
  • Price per Sq Ft: 72.12
  • Close to Original List Price Ratio: 0.75125
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: No
  • Water View Y N: No
  • Front Footage: 52
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Open Parking: No

Utilities

  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electrical Nearby, Sewer Available, Sewer Nearby, Street Lights, Water Available, Water Nearby
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Additional Parcels Description: 9999999999
  • Additional Parcels: Yes
  • Current Use: Residential
  • Lot Size Sq Ft: 6240
  • Number Of Lots: 2
  • Zoning: RSF2
  • Price Per Acre: 3000000
  • Flood Zone Code: AE
  • Zoning Compatible Y N: Yes

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 7480.16
  • Tax Block: 21
  • Tax Book Number: 1037-423
  • Tax Lot: 12
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2023
Sold by
Suarez Melissa A
Bought by
One Alexander Properties Llc
Current Estimated Value
$1,309,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$962,000
Outstanding Balance
$935,507
Interest Rate
6.65%
Mortgage Type
Credit Line Revolving
Estimated Equity
$374,468

Purchase Details

Closed on
Dec 15, 2004
Sold by
Larsen Julia H and Larsen Robert W
Bought by
Larsen Julia H and Larsen Robert W
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
One Alexander Properties Llc $100 None Listed On Document
Larsen Julia H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open One Alexander Properties Llc $962,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2022 02/15/22 Sold $450,000 -10.0% $469 / Sq Ft
08/28/2021 08/28/21 Pending -- -- --
08/07/2021 08/07/21 Price Changed $500,000 -9.1% $521 / Sq Ft
07/24/2021 07/24/21 Price Changed $550,000 -8.2% $573 / Sq Ft
05/27/2021 05/27/21 For Sale $599,000 -- $624 / 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 $12,800 $724,600 $674,800 $49,800
2023 $12,800 $1,064,900 $1,026,300 $38,600
2022 $9,405 $975,300 $946,800 $28,500
2021 $7,480 $654,600 $630,500 $24,100
2020 $6,496 $523,900 $498,800 $25,100
2019 $5,313 $392,400 $329,800 $62,600
2018 $5,560 $413,500 $359,800 $53,700
2017 $5,421 $391,050 $0 $0
2016 $5,049 $355,500 $297,900 $57,600
2015 $6,324 $447,400 $396,900 $50,500
2014 $5,837 $359,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bob Stahlschmidt II

    Seller's Agent in 2022

    Bob Stahlschmidt II

    BRIGHT REALTY

    (941) 266-2684

    21 in this area

    52 Total Sales

    Bob Stahlschmidt II
    Section Image
  • Frank Lambert

    Buyer's Agent in 2022

    Frank Lambert

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 920-1500

    3 in this area

    82 Total Sales

    Frank Lambert
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4502420

Stellar MLS

APN: 0081-07-0028

Florida Sarasota County Sarasota 34242

4901 Commonwealth Dr, Sarasota, FL

This home is located at 4901 Commonwealth Dr, Sarasota, FL 34242 since 28 May 2021 and is currently estimated at $1,309,975, approximately $1,364 per square foot. 4901 Commonwealth Dr is a home located in Sarasota County with nearby schools including Phillippi Shores Elementary School, Brookside Middle School, and Sarasota High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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