G
Seller's Agent in 2025
Geri Scheckner
Bright Realty
(941) 356-0652
2 in this area
50 Total Sales
4959 Commonwealth Dr Sarasota, FL 34242
4
Beds
2
Baths
1,791
Sq Ft
0.29
Acres
Highlights
- Open Floorplan
- Living Room
- Tile Flooring
- Phillippi Shores Elementary School Rated A
- Entrance Foyer
- Dining Room
About This Home
As of October 2025Incredible Investment Opportunity on Siesta Key! Welcome to 4959 Commonwealth Drive, an exceptional property offering endless possibilities in one of Florida's most desirable coastal communities. This hurricane-damaged home has already undergone professional mold remediation and is ready for your vision - whether you're dreaming of a full renovation or starting fresh with new construction. Key Features: Zoned two-family residential - perfect for multi-generational living or rental income Separate mother-in-law suite for added flexibility 4 bedrooms | 2 bathrooms | 2 kitchens Includes multiple appliances Durable metal roof Before-and-after hurricane photos available for reference Situated among million-dollar homes and just minutes from Siesta Key Beach, this property offers an unbeatable location. Priced below land value, it's a rare chance to create your dream island retreat or transform it into a high-income vacation rental. Don't miss out on this exclusive opportunity to own a slice of paradise on Siesta Key.
Home Details
Home Type
- Single Family
Year Built
- Built in 1958
Lot Details
- 0.29 Acre Lot
Interior Spaces
- 1,791 Sq Ft Home
- Open Floorplan
- Entrance Foyer
- Family Room
- Living Room
- Dining Room
- Tile Flooring
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Community Details
- Siesta Beach Community
Listing and Financial Details
- Absolute Auction
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 10, 2025
Closed on
Oct 14, 2025
Sold by
Schennum Eric R and Schennum Sevim
Bought by
Greywolf Bispham Llc
Seller's Agent
Geri Scheckner
Bright Realty
Buyer's Agent
Non-Member Agent
Non-Member Office
List Price
$725,000
Sold Price
$580,000
Premium/Discount to List
-$145,000
-20%
Views
109
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.58%
Purchase Details
Closed on
Feb 26, 2021
Sold by
Schennum Eric R
Bought by
Schennum Eric R and Schennum Sevim
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
2.7%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $580,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $487,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/14/2025 10/14/25 | Sold | $580,000 | -4.1% | $324 / Sq Ft |
| 09/25/2025 09/25/25 | Pending | -- | -- | -- |
| 09/22/2025 09/22/25 | Price Changed | $604,999 | 0.0% | $338 / Sq Ft |
| 09/13/2025 09/13/25 | Price Changed | $605,000 | 0.0% | $338 / Sq Ft |
| 09/10/2025 09/10/25 | Price Changed | $604,777 | +21.0% | $338 / Sq Ft |
| 08/02/2025 08/02/25 | Price Changed | $500,000 | -16.7% | $279 / Sq Ft |
| 07/31/2025 07/31/25 | Price Changed | $599,999 | 0.0% | $335 / Sq Ft |
| 07/28/2025 07/28/25 | Price Changed | $600,000 | -17.2% | $335 / Sq Ft |
| 07/10/2025 07/10/25 | For Sale | $725,000 | -- | $405 / Sq Ft |
Source: My State MLS
Tax History Compared to Growth
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 | $9,060 | $719,800 | $577,500 | $142,300 |
| 2024 | $9,297 | $758,300 | $699,400 | $58,900 |
| 2023 | $9,297 | $776,400 | $656,900 | $119,500 |
| 2022 | $8,601 | $713,100 | $606,100 | $107,000 |
| 2021 | $3,946 | $344,575 | $0 | $0 |
| 2020 | $3,971 | $339,818 | $0 | $0 |
| 2019 | $4,831 | $354,400 | $274,000 | $80,400 |
| 2018 | $5,187 | $384,400 | $304,000 | $80,400 |
| 2017 | $2,553 | $205,406 | $0 | $0 |
| 2016 | $2,549 | $339,000 | $249,100 | $89,900 |
| 2015 | $2,572 | $393,500 | $317,600 | $75,900 |
| 2014 | $2,561 | $195,268 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Geri Scheckner
-
Non-Member Agent
N
Buyer's Agent in 2025
Non-Member Agent
Non-Member Office
Map
Source: My State MLS
MLS Number: 11533655
APN: 0081-10-0019
Nearby Homes
- 782 Birdsong Ln
- 5019 Commonwealth Dr
- 5024 Commonwealth Dr
- 711 Birdsong Ln
- 635 Tropical Cir
- 4922 Commonwealth Dr
- 783 Birdsong Ln
- 4931 Oxford Dr
- 4903 Commonwealth Dr
- 5141 Saint Albans Ave
- 656 Tropical Cir
- 795 Plymouth St
- 5151 Saint Albans Ave
- 746 Plymouth St
- 5169 Oxford Dr
- 4894 Oxford Dr
- 4859 Commonwealth Dr
- 630 Venice Ln
- 5112 Jungle Plum Rd
- 1290 Hidden Harbor Way