$1,000,000
SOLD AUG 8, 2023

5019 Commonwealth Dr Sarasota, FL 34242

2 Beds
2 Baths
1,363 Sq Ft
0.26 Acres

Recently Sold

$734 Per Sq Ft

1% Above List Price

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
  • Directions to Property: Midnight Pass Rd to Commonwealth Dr.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1047619
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 733.68
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • 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
  • Street Number Modifier: 5019
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 126.63
  • Room Count: 6

Exterior Features

  • Direction Faces: West
  • Exterior Features: Courtyard, Sliding Doors, Storage
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • 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
  • Homestead YN: 1
  • Lot Size Square Meters: 1053

Green Features

  • Green Verification Count: 0

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.74%
Original Mortgage
$650,000
Outstanding Balance
$638,010
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$236,019

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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,000,000 None Listed On Document
Warranty Deed $382,500 Attorney
Interfamily Deed Transfer -- Attorney
Quit Claim Deed -- Land Title Guarantee Co
Warranty Deed $188,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $650,000 New Conventional
Previous Owner $160,000 New Conventional
Previous Owner $214,000 New Conventional
Previous Owner $152,945 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2025 04/12/25 For Sale $875,000 -65.7% --
04/11/2025 04/11/25 Price Changed $2,554,250 +155.4% $934 / Sq Ft
11/24/2024 11/24/24 For Sale $1,000,000 0.0% $366 / 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 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 $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

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Map

Source: Stellar MLS

MLS Number: A4574690

Stellar MLS

APN: 0081-10-0023