NOT LISTED FOR SALE

5011 Commonwealth Dr Sarasota, FL 34242

Estimated Value: $940,000 - $1,187,000

3 Beds
2 Baths
1,691 Sq Ft
$625/Sq Ft Est. Value

Last Sold March 04, 2020

Last sale price $630,000 $373 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $6,527/month

83 Days on Market

Highlights

  • Gunite Pool
  • Reverse Osmosis System
  • Deck
  • Phillippi Shores Elementary School Rated A
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of March 2020

Welcome to Siesta Key! This coastal, contemporary home is located just MINUTES from Siesta Key's famous, powder white beaches and is being sold fully furnished!! The home offers just under 1700 sq ft of living space and was completely remodeled in 2011. You'll notice the gorgeous teak flooring and neutral paint throughout. The kitchen features a center island, custom cabinetry, Cambria countertops, marble backsplash and stainless BOSCH appliances. Both bathrooms feature hardwood cabinetry, tiled floors and custom designed, tiled shower walls. The open concept floor plan makes for great entertaining space. 12 ft sliding glass doors make way to a large, private backyard oasis offering a custom built, heated pool and extended pool deck. Your fully fenced backyard is surrounded by lush, mature landscaping creating your own tropical getaway. Nestled in the heart of Siesta Key, just a bike ride from the beaches, this home is a must see! You'll find cafes, shops, restaurants and vibrant nightlife in Siesta Key Village. Whether you're looking to occupy full time or for an investment opportunity, this home is a great fit! Out of Door Academy is a highly desirable school in the area and it is located a short distance away! If you are looking for an investment, this home if rented for a full month can generate 10-11K a month year round! Over 20K of rental income already booked in 2020 and will be transferred upon new ownership! This home is being featured on Fox 4's Out and About SWFL TV series and will not last!

Last Agent to Sell the Property

Laura Rode

KELLER WILLIAMS ON THE WATER S License #3307175 Listed on: 11/05/2019

KELLER WILLIAMS ON THE WATER S

Last Buyer's Agent

Laura Rode

KELLER WILLIAMS ON THE WATER S License #3307175 Listed on: 11/05/2019

KELLER WILLIAMS ON THE WATER S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,988

Year Built

  • Built in 1975

Lot Details

  • 9,022 Sq Ft Lot
  • Southwest Facing Home
  • Mature Landscaping
  • Landscaped with Trees
  • Property is zoned RSF2

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Contemporary Architecture
  • Stem Wall Foundation
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,691 Sq Ft Home
  • Open Floorplan
  • Partially Furnished
  • Insulated Windows
  • Shades
  • Sliding Doors
  • Family Room Off Kitchen
  • Attic

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal
  • Reverse Osmosis System

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Pool

  • Gunite Pool
  • Pool Tile
  • Pool Lighting

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • No or Low VOC Paint or Finish
  • Flood Zone Lot

Community Details

  • No Home Owners Association
  • Siesta Beach Community
  • Siesta Beach Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,988

Year Built

Built in 1975

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1691
  • Lot Size Acres: 0.21
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 2063
  • Lot Size Sq Ft: 9022
  • Directions to Property: Take exit 205 for FL-72 toward Sarasota/Arcadia Turn right onto Midnight Pass Rd Slight right toward Midnight Pass Rd Slight right onto Midnight Pass Rd Turn left onto Commonwealth Dr Destination on the right
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4449908?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4449908?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.8129
  • Price per Sq Ft: 372.56
  • Close to Original List Price Ratio: 0.78849
  • Ratio: Current Price\Building Area Total: 305.38
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Eating Space In Kitchen, Kitchen/Family Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Dryer, Freezer, Kitchen Reverse Osmosis System, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Stem Wall
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Window Features: Insulated Windows, Shades, Storm Window(s)
  • Street Number Modifier: 5011
  • Room Count: 6
  • Additional Rooms: Attic
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: Gunite, Heated, Lighting, Tile
  • Exterior Features: Lighting, Sliding Doors
  • Roof: Metal
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, 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
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0081100022
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Flood Zone Code: A zone
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Indoor Air Qlty: No/Low VOC Paint/Finish

Rental Info

  • Furnished: Partially
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Home can be rented 1x per 30 day period See attachments for additional information

Tax Info

  • Tax Annual Amount: 5988
  • Tax Block: 21
  • Tax Book Number: 1037-423
  • Tax Lot: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2019
Closed on
Mar 4, 2020
Sold by
Gidel Chad and Gidel Dana
Bought by
Sciuckas Julie L and Sciuckas Julie L
Seller's Agent
Laura Rode
KELLER WILLIAMS ON THE WATER S
Buyer's Agent
Laura Rode
KELLER WILLIAMS ON THE WATER S
List Price
$799,000
Sold Price
$630,000
Premium/Discount to List
-$169,000
-21.15%
Current Estimated Value
$1,056,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$426,074
Avg. Annual Appreciation
10.63%
Original Mortgage
$504,000
Outstanding Balance
$451,913
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$650,884

Purchase Details

Closed on
Mar 12, 2015
Sold by
Ferguson Nick and Ferguson Sara
Bought by
Gidel Chad and Gidel Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,250
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2011
Sold by
Nsf Development Llc
Bought by
Ferguson Nick and Ferguson Sara

Purchase Details

Closed on
May 1, 2011
Sold by
Deluca Sally
Bought by
Nsf Development Llc

Purchase Details

Closed on
Apr 26, 2005
Sold by
Deluca Charles V
Bought by
Deluca Charles and Charles V Deluca Revocable Living Trust

Purchase Details

Closed on
Mar 23, 2000
Sold by
Deluca Charles V and Deluca Joyce
Bought by
Deluca Charles
Source: Public Records

Range of Values:

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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
Sciuckas Julie L $630,000 Attorney
Gidel Chad $659,000 Barrier Island Title Service
Ferguson Nick $200,500 Attorney
Nsf Development Llc $200,500 Attorney
Deluca Charles -- --
Deluca Charles -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sciuckas Julie L $504,000
Previous Owner Gidel Chad $494,250
Previous Owner Ferguson Nick $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2020 03/04/20 Sold $630,000 -18.7% $373 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
01/19/2020 01/19/20 Price Changed $775,000 -3.0% $458 / Sq Ft
11/05/2019 11/05/19 For Sale $799,000 -- $473 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $10,805 $819,364 -- --
2023 $10,805 $1,009,300 $556,000 $453,300
2022 $9,761 $890,600 $513,000 $377,600
2021 $7,965 $615,600 $344,300 $271,300
2020 $7,035 $528,500 $275,200 $253,300
2019 $6,408 $482,700 $234,200 $248,500
2018 $6,778 $513,400 $264,200 $249,200
2017 $6,847 $509,900 $245,100 $264,800
2016 $6,698 $489,000 $214,500 $274,500
2015 $4,141 $497,800 $260,600 $237,200
2014 $3,751 $283,738 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Laura Rode

    Seller's Agent in 2020

    Laura Rode

    KELLER WILLIAMS ON THE WATER S

    (860) 806-3737

    22 in this area

    1,038 Total Sales

    Laura Rode
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4449908

Stellar MLS

APN: 0081-10-0022

Florida Sarasota County Sarasota 34242

5011 Commonwealth Dr, Sarasota, FL

This home is located at 5011 Commonwealth Dr, Sarasota, FL 34242 since 05 November 2019 and is currently estimated at $1,056,074, approximately $624 per square foot. This property was built in 1975. 5011 Commonwealth Dr is a home located in Sarasota County with nearby schools including Phillippi Shores Elementary School, Brookside Middle School, and Sarasota High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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