NOT LISTED FOR SALE

5005 Commonwealth Dr Sarasota, FL 34242

Estimated Value: $833,000 - $1,035,000

3 Beds
2.5 Baths
1,862 Sq Ft
$492/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $832,500 $447 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,704/month

133 Days on Market

Highlights

  • Private Pool
  • Solid Surface Countertops
  • 2 Car Attached Garage
  • Phillippi Shores Elementary School Rated A
  • No HOA
  • Walk-In Closet

About This Home

As of December 2021

Siesta Key Pool Home on a Large Lot with options. Remodel to enjoy, Demo and build your dream home or split the lots into 2 Buildable Lots and have 2 New Homes ... One to Build and live in and one to sell. This property is Minutes to Siesta Key beach and all the great restaurants in the Siesta Key Village and fun shopping.
Lovely neighborhood in a Tropical Paradise setting on Siesta Key Island..Very spacious and solid house.
You will love being on Siesta Key Island.. Don't miss out...

Last Agent to Sell the Property

Julie Jenkins

PARADISE BUYERS REALTY, INC License #3032939 Listed on: 07/29/2021

Last Buyer's Agent

Lyndsey Ashley

KW COASTAL LIVING II License #3436333

KW COASTAL LIVING II

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,033

Year Built

  • Built in 1952

Lot Details

  • 12,366 Sq Ft Lot
  • North Facing Home
  • Additional Parcels
  • Property is zoned RSF2

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,862 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Solid Surface Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Additional Features

  • Private Pool
  • 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

$5,033

Year Built

Built in 1952

Lot Details

0.28 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 1862
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 1952
  • Lot Size Sq Ft: 12366
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4508065?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4508065?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.93017
  • Price per Sq Ft: 447.1
  • Close to Original List Price Ratio: 0.93017
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Solid Surface Counters, Walk-In Closet(s)
  • Appliances Included: Other
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Room Count: 6

Exterior Features

  • Direction Faces: North
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0143F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Public, Sewer Connected
  • 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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0081100021
  • Additional Parcels: Yes
  • 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: 5033
  • Tax Block: 21
  • Tax Book Number: 1037-423
  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Dec 30, 2021
Sold by
Big Main Street Llc
Bought by
Greywolf Willgate Llc
Seller's Agent
Julie Jenkins
PARADISE BUYERS REALTY, INC
Buyer's Agent
Lyndsey Ashley
KW COASTAL LIVING II
List Price
$895,000
Sold Price
$832,500
Premium/Discount to List
-$62,500
-6.98%
Current Estimated Value
$916,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,069
Avg. Annual Appreciation
2.29%

Purchase Details

Listed on
Jul 8, 2021
Closed on
Jul 8, 2021
Sold by
Hoffman John C and Estate Of Velma Mae Hoffman
Bought by
Big Main Street Llc
Seller's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
Buyer's Agent
Terry Thorpe
BRIGHT REALTY
List Price
$1,075,000
Sold Price
$1,075,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-41.29%
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
Greywolf Willgate Llc $832,500 Attorney
Big Main Street Llc $1,075,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2021 12/30/21 Sold $832,500 -7.0% $447 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
12/05/2021 12/05/21 For Sale $895,000 0.0% $481 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
11/02/2021 11/02/21 For Sale $895,000 0.0% $481 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $895,000 -16.7% $481 / Sq Ft
07/08/2021 07/08/21 Sold $1,075,000 0.0% $577 / Sq Ft View Prior Sale
07/08/2021 07/08/21 For Sale $1,075,000 -- $577 / Sq Ft
06/12/2021 06/12/21 Pending -- -- --
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 $9,669 $622,900 $567,800 $55,100
2024 $9,958 $784,000 $688,400 $95,600
2023 $9,958 $809,500 $646,800 $162,700
2022 $8,364 $667,400 $600,800 $66,600
2021 $5,734 $453,200 $403,100 $50,100
2020 $5,033 $366,000 $314,600 $51,400
2019 $5,290 $390,900 $271,000 $119,900
2018 $5,721 $426,800 $301,000 $125,800
2017 $5,761 $422,500 $281,900 $140,600
2016 $5,506 $395,200 $246,600 $148,600
2015 $5,794 $439,400 $305,600 $133,800
2014 $5,247 $291,170 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4508065

Stellar MLS

APN: 0081-10-0021

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