G
Seller's Agent in 2025
Geri Scheckner
Bright Realty
(941) 356-0652
2 in this area
52 Total Sales
4959 Commonwealth Dr Sarasota, FL 34242
Estimated Value: $550,000 - $665,000
4
Beds
2
Baths
1,791
Sq Ft
$330/Sq Ft
Est. Value
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
- 12,632 Sq Ft 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
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,188
Avg. Annual Appreciation
3.53%
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
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Greywolf Bispham Llc | $580,000 | None Listed On Document | |
| Schennum Eric R | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Schennum Eric R | $487,500 |
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
| 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
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