NOT LISTED FOR SALE

Estimated Value: $623,000 - $1,193,000

0.27 Acres
$3,485,352 Price per Acre
11,964 Sq Ft Lot

Sale Details

Date Sold: May 14, 2019

Last sale price $550,000

Est. 71% increase in value since last sale

Current estimated payment $5,932 / mo

453 Days on Market

Highlights

  • Full Bay or Harbor Views
  • No HOA
  • 1-minute walk to Sapphire Shores Park
  • Booker High School Rated A-
  • Heating Available

About This Lot

As of May 2019

Enjoy unobstructed water views looking out to Sarasota Bay and the Intra-Coastal Waterway from this ready to build lot. A stunning Caribbean style design created specifically for this property is included in the price. Layout is functional, fun and boasts incredible water and sunset views from nearly every room. Design features 5 bedrooms and an office with 3,700 SF of air-conditioned living space with enormous outdoor space to take advantage of the panoramic views. The ground floor boasts drive through garage large enough to park 6 cars with additional storage. Seller has obtained a quote for the build that can be passed on (lot and build package $1,945,000) or Seller can manage the build on behalf of a Buyer for a fee. Get water and sunset views without the cost or hassle of being on the water. Sapphire Shores is home to some of Sarasota’s most amazing properties and provides quick access to downtown Sarasota, the Cultural Center of Sarasota, Sarasota International Airport, University Parkway, and is steps from the Ringling Museum and only minutes to St. Armand’s Circle and Gulf Coast beaches. Renderings are included in photos as well as views from the proposed home. Take advantage of this ready to build turnkey package or design and build your own dream home.

Last Agent to Sell the Property

Joel Schemmel

DOUGLAS ELLIMAN License #3060476 Listed on: 12/29/2017

DOUGLAS ELLIMAN

Last Buyer's Agent

Julie Larson

WHITE SANDS REALTY GROUP FL License #3294350

WHITE SANDS REALTY GROUP FL

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,793

Lot Details

  • 11,964 Sq Ft Lot
  • West Facing Home
  • Property is zoned RSF2

Schools

  • Bay Haven Sch Of Basics Plus Elementary School
  • Booker Middle School
  • Booker High School

Additional Features

  • Full Bay or Harbor Views
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sapphire Shores Community
  • Sapphire Shores Subdivision

Listing and Financial Details

  • Legal Lot and Block 27 / D
  • Assessor Parcel Number 2003090008

Property Details

Property Type

Land

Est. Annual Taxes

$5,793

Lot Details

0.27 Acres

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.27
  • Lot Size Sq Ft: 11964
  • Status: Sold
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-364-4014
  • Ratio: Close Price\List Price: 0.9182
  • Price per Sq Ft: 45.97
  • Close to Original List Price Ratio: 0.73431
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Direction Faces: West
  • View: Water
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Partial
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0039F

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Public
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Schools

  • Elementary School: Bay Haven Sch of Basics Plus Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: RSF2
  • Parcel Number: 2003090008
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 0
  • Price Per Acre: 2037037
  • Flood Zone Code: VE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 5793
  • Tax Block: D
  • Tax Book Number: 773-1062
  • Tax Lot: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2017
Closed on
May 14, 2019
Sold by
Sun Circle Developers Llc
Bought by
Shraga Jonathan and Shraga Ronit
Seller's Agent
Joel Schemmel
DOUGLAS ELLIMAN
Buyer's Agent
Julie Larson
WHITE SANDS REALTY GROUP FL
List Price
$749,000
Sold Price
$550,000
Premium/Discount to List
-$199,000
-26.57%
Current Estimated Value
$941,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,045
Avg. Annual Appreciation
8.12%
Original Mortgage
$412,000
Outstanding Balance
$309,209
Interest Rate
4%
Mortgage Type
Commercial
Estimated Equity
$631,836

Purchase Details

Closed on
May 31, 2017
Sold by
Bank Of America
Bought by
Ritter Cynthia H and The Cynthia H Ritter 2012 Trust

Purchase Details

Closed on
Jun 4, 2015
Sold by
Fox Ronald P
Bought by
Bank Of America and The John F Cuneo Jr Revocable Trust

Purchase Details

Closed on
Mar 29, 2005
Sold by
Hester Gordon D and Hester Jacqueline K
Bought by
Fox Ronald P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shraga Jonathan $550,000 Attorney
Ritter Cynthia H $747,000 Attorney
Bank Of America $625,000 Attorney
Fox Ronald P $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shraga Jonathan $412,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2019 05/14/19 Sold $550,000 -8.2% --
03/28/2019 03/28/19 Pending -- -- --
03/05/2019 03/05/19 Price Changed $599,000 -11.8% --
11/16/2018 11/16/18 Price Changed $679,000 -2.9% --
07/27/2018 07/27/18 Price Changed $699,000 -6.7% --
12/29/2017 12/29/17 For Sale $749,000 -- --
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 $10,369 $698,961 -- --
2024 $10,797 $635,419 -- --
2023 $10,797 $944,000 $944,000 $0
2022 $10,935 $1,019,500 $1,019,500 $0
2021 $8,308 $606,300 $606,300 $0
2020 $6,954 $434,000 $434,000 $0
2019 $6,939 $434,000 $434,000 $0
2018 $5,794 $360,800 $360,800 $0
2017 $4,514 $277,800 $277,800 $0
2016 $8,140 $491,400 $491,400 $0
2015 $6,510 $426,400 $426,400 $0
2014 -- $314,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4203331

Stellar MLS

APN: 2003-09-0008

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