NOT LISTED FOR SALE

5019 Commonwealth Dr Sarasota, FL 34242

Estimated Value: $773,000 - $866,000

2 Beds
2 Baths
1,363 Sq Ft
$598/Sq Ft Est. Value

Last Sold August 08, 2023

Last sale price $1,000,000 $734 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $5,024/month

1 Day on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Solid Wood Cabinet
  • Phillippi Shores Elementary School Rated A
  • No HOA
  • Courtyard

About This Home

As of August 2023

Under contract-accepting backup offers. Adorable 2 bedroom, 2 Bathroom Island Style cottage on World Famous Siesta Key. This home sits on a large (11,330sf) lot on a desirable tropical canopied street. Huge yard with ample room for a pool. Landscaped and fenced for the utmost in privacy, this Tropical Oasis is all about the Island Lifestyle. The home opens to a spacious lanai, which makes a great entertaining space. This stunning cottage lives large, with natural light pouring in. It boasts beamed ceilings, white bead board, neutral tile & wood flooring and a open kitchen. Close to World Famous Siesta Beach's emerald waters & cool quartz sand , Siesta Village & all the restaurants & night life.

Last Agent to Sell the Property

Dan Miller

PREFERRED SHORE LLC License #3089245 Listed on: 06/26/2023

PREFERRED SHORE LLC

Last Buyer's Agent

Dawn Bear

WILLIAM RAVEIS REAL ESTATE License #3355163

WILLIAM RAVEIS REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,656

Year Built

  • Built in 1955

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 50x135
  • West Facing Home
  • Property is zoned RSF2

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 1,363 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Courtyard
  • Outdoor Storage

Schools

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

Utilities

  • Central Air
  • Heating Available
  • 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

$3,656

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 1363
  • Lot Size Acres: 0.26
  • New Construction: No
  • Year Built: 1955
  • Building Area Total: 1843
  • Lot Size Sq Ft: 11330
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 171.22
  • Escrow State: FL
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 733.68
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 126.63

Exterior Features

  • Direction Faces: West
  • Exterior Features: Courtyard, Sliding Doors, Storage
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • 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: 0081100023
  • Additional Parcels: No
  • Lot Dimensions: 50x135
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: County allows for 1 rental per month, 12 times a year

Tax Info

  • Tax Annual Amount: 3655.56
  • Tax Block: 21
  • Tax Book Number: 1037-423
  • Tax Lot: 33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2023
Closed on
Aug 8, 2023
Sold by
Griffin Patricia B
Bought by
Altman Craig E
Seller's Agent
Dan Miller
PREFERRED SHORE LLC
Buyer's Agent
Dawn Bear
WILLIAM RAVEIS REAL ESTATE
List Price
$995,000
Sold Price
$1,000,000
Premium/Discount to List
$5,000
0.5%
Views
13
Current Estimated Value
$814,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$185,267
Avg. Annual Appreciation
-7.78%
Original Mortgage
$650,000
Outstanding Balance
$632,829
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$181,904

Purchase Details

Closed on
Jun 25, 2010
Sold by
Brown Alanson
Bought by
Griffin Patricia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2007
Sold by
Brown Alanson
Bought by
Brown Alanson

Purchase Details

Closed on
Aug 21, 2006
Sold by
Stevens Gary A and Stevens Alanson B
Bought by
Brown Alanson

Purchase Details

Closed on
Jan 23, 2001
Sold by
Blackshear Thomas R and Blackshear Rosemary P
Bought by
Hritz Christopher C and Hritz Harriett Gracely

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,945
Interest Rate
7.53%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Altman Craig E $1,000,000 None Listed On Document
Griffin Patricia B $382,500 Attorney
Brown Alanson -- Attorney
Brown Alanson -- Land Title Guarantee Co
Hritz Christopher C $188,000 --
Hritz Christopher C $188,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Altman Craig E $650,000
Previous Owner Griffin Patricia B $160,000
Previous Owner Hritz Christopher C $152,945
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2023 08/08/23 Sold $1,000,000 +0.5% $734 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
06/26/2023 06/26/23 For Sale $995,000 -- $730 / 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 $9,513 $563,400 $550,300 $13,100
2024 $3,715 $816,500 $668,800 $147,700
2023 $3,715 $319,937 $0 $0
2022 $3,656 $310,618 $0 $0
2021 $3,674 $301,571 $0 $0
2020 $3,682 $297,407 $0 $0
2019 $3,553 $290,720 $0 $0
2018 $3,466 $285,299 $0 $0
2017 $3,449 $279,431 $0 $0
2016 $3,445 $360,400 $236,600 $123,800
2015 $3,507 $381,200 $278,100 $103,100
2014 $3,493 $265,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4574690

Stellar MLS

APN: 0081-10-0023