NOT LISTED FOR SALE

4910 Commonwealth Dr Sarasota, FL 34242

Estimated Value: $1,211,000 - $1,473,000

2 Beds
2 Baths
1,210 Sq Ft
$1,091/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $1,500,000 $1,240 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $8,032/month

175 Days on Market

Highlights

  • 85 Feet of Waterfront
  • Open Floorplan
  • No HOA
  • Phillippi Shores Elementary School Rated A
  • Canal View
  • Balcony

About This Home

As of April 2022

Beautiful water front oasis! This oversized lot boasts 85" of frontage on the Grand Canal and is the perfect location for your dream home on the World famous Siesta Key. The property is being sold at land value, however their is a legal duplex on the property that is income producing. Use the existing property as a Beach getaway, or enjoy rental income while you plan your tropical island paradise. Only a few minute bike ride from the #1 Beach in the United States, Siesta Key Beach, and Siesta Key Village, including restaurants, boutiques, and more! A true boaters dream, only minuets to the blue waters of the intracoastal.

Last Agent to Sell the Property

Barbara Dumbaugh

MICHAEL SAUNDERS & COMPANY License #0617496 Listed on: 09/18/2021

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Victoria Lear

MICHAEL SAUNDERS & COMPANY License #3402931

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Victoria Lear

MICHAEL SAUNDERS & COMPANY License #3402931

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,233

Year Built

  • Built in 1950

Lot Details

  • 0.25 Acre Lot
  • 85 Feet of Waterfront
  • Property fronts a saltwater canal
  • East Facing Home
  • Property is zoned RSF2

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Block Exterior

Interior Spaces

  • 1,210 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Ceramic Tile Flooring
  • Canal Views

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Access to Saltwater Canal
  • Balcony
  • Outdoor Storage

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

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

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,233

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Wood Frame
  • Fireplace: No
  • Living Area: 1210
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1950
  • Lot Size Sq Ft: 11637
  • Directions to Property: Midnight Pass to Commonwealth, house is on the Canal side.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4512691?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4512691?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: 0.85714
  • Price per Sq Ft: 1239.67
  • Close to Original List Price Ratio: 0.85714
  • View: Yes
  • Co List Office Mls Id: 281504998
  • Co List Office Phone: 941-951-6660
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Open Floorplan
  • Appliances Included: Dishwasher, Disposal
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Two
  • Street Number Modifier: 4910
  • Room Count: 4

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Storage
  • Roof: Membrane
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Canal
  • Water Access: Canal - Saltwater
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0143F
  • Waterfront Frontage: 85
  • Water Frontage Feet Canal Salt: 85

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • 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: 0081070018
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04

Rental Info

  • Minimum Lease: 1 Month
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 7233.27
  • Tax Block: 22
  • Tax Book Number: 1037-423
  • Tax Lot: 9

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2021
Sold by
Turner Thomas W and Turner Karen C
Bought by
Cooper Andrew H
Current Estimated Value
$1,319,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,011,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 13, 2012
Sold by
Turner Thomas W
Bought by
Turner Thomas W and Turner Karen C

Purchase Details

Closed on
Oct 19, 2011
Sold by
Turner Michael A and Turner Thomas W
Bought by
Turner Thomas W

Purchase Details

Closed on
Jun 11, 1998
Sold by
Turner Kenneth E
Bought by
Turner Kenneth E
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
Cooper Andrew H $1,000,000 Attorney
Turner Thomas W -- None Available
Turner Thomas W -- Attorney
Turner Kenneth E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cooper Andrew H $1,011,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2022 04/22/22 Sold $1,500,000 -14.3% $1,240 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
01/28/2022 01/28/22 Price Changed $1,750,000 +16.7% $1,446 / Sq Ft
01/04/2022 01/04/22 For Sale $1,500,000 0.0% $1,240 / Sq Ft
12/31/2021 12/31/21 Off Market $1,500,000 -- --
11/03/2021 11/03/21 Price Changed $1,500,000 -14.3% $1,240 / Sq Ft
09/18/2021 09/18/21 For Sale $1,750,000 -- $1,446 / 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 $13,332 $1,076,000 $919,000 $157,000
2023 $13,332 $1,111,400 $905,700 $205,700
2022 $11,612 $958,900 $811,300 $147,600
2021 $7,233 $577,600 $548,200 $29,400
2020 $6,465 $485,000 $456,600 $28,400
2019 $6,249 $472,100 $402,400 $69,700
2018 $7,505 $573,800 $506,600 $67,200
2017 $7,463 $560,500 $489,100 $71,400
2016 $7,055 $517,500 $447,200 $70,300
2015 $7,167 $512,200 $452,100 $60,100
2014 $6,772 $429,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4512691

Stellar MLS

APN: 0081-07-0018