NOT LISTED FOR SALE

4947 Commonwealth Dr Sarasota, FL 34242

Estimated Value: $1,749,000 - $2,410,000

4 Beds
4.5 Baths
3,744 Sq Ft
$515/Sq Ft Est. Value

Last Sold August 19, 2024

Last sale price $1,975,000 $528 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $11,608/month

204 Days on Market

Highlights

  • Parking available for a boat
  • Swim Spa
  • View of Trees or Woods
  • Phillippi Shores Elementary School Rated A
  • Custom Home
  • Open Floorplan

About This Home

As of August 2024

This 4 bedroom, 4.5 bathroom home is the perfect place to vacation where you live. Situated on Siesta Key, this West Indies style home is a tropical retreat; and, with four en-suite bedrooms, is large enough for you and your guests. The main level boasts a soaring foyer. As you enter you will be delighted by the warmth of the refinished hard wood floor, and the light space that welcomes you home. The living room features a high ceiling, a dual sided ceiling fan and high windows flooding the room with filtered sunshine. The cozy gas fireplace makes this the perfect spot to gather with friends on a lovely cool Florida evening. The formal dining room has tray ceilings. The spacious center Island gourmet kitchen, with new gas cooktop, features slab granite counters, stainless appliances, wine cooler and a chef’s desk. Walk upstairs or take the elevator to the master suite. This space, with three walk-in closets, a wet bar, and balcony overlooking the lush back yard is a tranquil sanctuary. Imagine retreating here after a day on the world-renowned Siesta Key Beach. Luxuriate and recharge in the master bath with granite, travertine, 7 head shower, and soaking tub. Step outside and you will find the outdoors are as compelling as the inside. Beautifully designed with a large, heated swim-spa, this is the perfect place to end another gorgeous day in Paradise. Meticulously maintained, and built to high standards, this home has impact windows all around, a full house fire extinguishing system and top of the line finishes. The oversized garage has room for 2-3 cars, a work area, and offers plenty of storage. Located just minutes from the beach, the proximity to downtown Sarasota makes it easy to take advantage of all the dining, shopping, cultural and recreational offerings of the area. This unique home is an incredible find for those who want to live a distinguished Gulf Coast lifestyle!

Last Agent to Sell the Property

Steve Abbe

COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #3099254 Listed on: 11/22/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

Ellen Kirkegaard

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3584276

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,807

Year Built

  • Built in 2007

Lot Details

  • 5,416 Sq Ft Lot
  • Northeast Facing Home
  • Mature Landscaping
  • Landscaped with Trees
  • Property is zoned RSF2

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking available for a boat

Home Design

  • Custom Home
  • Key West Architecture
  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,744 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Bar Fridge
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • French Doors
  • Sliding Doors
  • Den
  • Bonus Room
  • Inside Utility
  • Views of Woods
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Epoxy

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Swim Spa
  • Heated Spa
  • Outdoor Shower

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

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

$13,807

Year Built

Built in 2007

Lot Details

5,416 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom, Key West, Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 3744
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 2007
  • Building Area Total: 6136
  • Lot Size Sq Ft: 5416
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 570.05
  • Escrow State: FL
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 527.51
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-383-6411
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Fireplace Features: Gas
  • Living Area Units: Square Feet
  • Flooring: Carpet, Epoxy, Wood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, Elevator, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Appliances Included: Bar Fridge, Dishwasher, Disposal, Dryer, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Spa Features: Heated, Swim Spa
  • Spa Yn: Yes
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Den/Library/Office,Inside Utility
  • Living Area Meters: 347.83

Exterior Features

  • Direction Faces: Northeast
  • Exterior Features: French Doors, Outdoor Shower, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch
  • Road Surface Type: Asphalt
  • Disclosures: Seller Property Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0081070038
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Flood Zone Code: AE

Rental Info

  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Per County

Tax Info

  • Tax Annual Amount: 13807.49
  • Tax Block: 21
  • Tax Book Number: 1037-423
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2023
Closed on
Aug 19, 2024
Sold by
Franck Thomas R
Bought by
Seese Patrick and Wright Jennifer
Seller's Agent
Steve Abbe
COLDWELL BANKER REALTY
Buyer's Agent
Ellen Kirkegaard
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$2,099,000
Sold Price
$1,975,000
Premium/Discount to List
-$124,000
-5.91%
Views
216
Current Estimated Value
$1,929,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,571
Avg. Annual Appreciation
-1.44%
Original Mortgage
$1,481,250
Outstanding Balance
$1,461,872
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$467,557

Purchase Details

Closed on
Jan 3, 2020
Sold by
Franck Thomas R and Tseng Shu Wen
Bought by
Franck Thomas R

Purchase Details

Listed on
Nov 2, 2012
Closed on
Jun 28, 2013
Sold by
Gemma Jodi
Bought by
Franck Thomas R and Tseng Shu Wen
Seller's Agent
Tamara Currey
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Betty Mullinnix
LIMBO COMPANY SARASOTA ASSOC
List Price
$1,150,000
Sold Price
$1,099,000
Premium/Discount to List
-$51,000
-4.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%
Original Mortgage
$549,500
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 30, 2008
Sold by
Luna Sea Of Sarasota Llc
Bought by
Gemma Jodi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2006
Sold by
Sutherland Donald J and Joan Sutherland B
Bought by
Luna Sea Of Sarasota Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$851,000
Interest Rate
6.62%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Seese Patrick $1,975,000 Opus Title Llc
Franck Thomas R $100 None Listed On Document
Franck Thomas R $1,099,000 Attorney
Gemma Jodi $1,022,000 Concierge Title Agency Of Sa
Luna Sea Of Sarasota Llc -- Chelsea Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seese Patrick $1,481,250
Previous Owner Franck Thomas R $549,500
Previous Owner Gemma Jodi $417,000
Previous Owner Luna Sea Of Sarasota Llc $851,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2024 08/19/24 Sold $1,975,000 -5.9% $528 / Sq Ft
06/14/2024 06/14/24 Pending -- -- --
11/22/2023 11/22/23 For Sale $2,099,000 +91.0% $561 / Sq Ft
06/28/2013 06/28/13 Sold $1,099,000 0.0% $294 / Sq Ft View Prior Sale
04/10/2013 04/10/13 Off Market $1,099,000 -- --
02/27/2013 02/27/13 Price Changed $1,099,000 -4.4% $294 / Sq Ft
11/02/2012 11/02/12 For Sale $1,150,000 -- $307 / Sq Ft
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 $15,581 $1,541,600 $378,800 $1,162,800
2024 $15,745 $1,111,895 -- --
2023 $15,745 $1,505,300 $393,700 $1,111,600
2022 $13,807 $1,264,500 $363,100 $901,400
2021 $11,044 $856,100 $243,800 $612,300
2020 $10,122 $763,700 $194,800 $568,900
2019 $9,163 $690,400 $188,300 $502,100
2018 $9,363 $707,100 $218,300 $488,800
2017 $9,763 $726,300 $190,300 $536,000
2016 $10,335 $755,700 $158,200 $597,500
2015 $10,174 $723,500 $220,600 $502,900
2014 $11,506 $665,932 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4590200

Stellar MLS

APN: 0081-07-0038

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