NOT LISTED FOR SALE

5070 Commonwealth Dr Sarasota, FL 34242

Estimated Value: $925,000 - $1,192,000

3 Beds
2 Baths
1,600 Sq Ft
$680/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $1,395,000 $872 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $6,588/month

362 Days on Market

Highlights

  • Screened Pool
  • Open Floorplan
  • Garden View
  • Phillippi Shores Elementary School Rated A
  • Deck
  • Mediterranean Architecture

About This Home

As of December 2023

One or more photo(s) has been virtually staged. Turn-key! Ready for you to move in and start living the magical Siesta Key lifestyle. No work needed. This luxurious, completely renovated, concrete block, furnished pool home is nestled in a private, incredible neighborhood with multi-million-dollar homes on the magical island of Siesta Key, one of the most sought-after locations in America. IDEAL as Primary Residence, Vacation/Second Home or Investment Property. 120K plus in annual revenue. No detail has been overlooked. As you step into the home, a large quartz island and working limestone fireplace in the family room are the focal points. All the windows and exterior DOORS are NEW and hurricane-proof. The three bedrooms are laid out perfectly, with a private en suite master bedroom on one side and two bedrooms and a full bath off the family room on the other side of the house. All bedrooms are generously sized and feature contemporary wood ceiling fans and built in California Closets. LUXURY SAATVA mattresses for the ultimate night's sleep!

The kitchen/great room is very spacious with room for an elegant dining area and additional seating. The family room, great room, and master bedroom all have new slider doors that open to the pool/lanai area. The hallway bathroom door leads to a private enclosed pool and can serve as a pool cabana for changing. The pool has been newly resurfaced and tiled, and equipped with a new light, safety rail, pool filter and converted to salt water. The lanai and pool deck has been redone with French pattern shell stone limestone and is simply stunning. The pool caging has been updated and a spacious wood deck added for sunbathing and entertaining. There is a bonus outdoor hot shower! A new irrigation system has been added and the entire property professionally landscaped. The home is wired for the placement of your flat screen TV's and stereo system with a RING doorbell and great room and lanai speakers already installed.

The location is stellar with equidistant access to both the North and South bridges. The South Bridge leads you to Stickney Point with all the shopping amenities you could ask for and the fabulous restaurants of the Gulf Gate Area. The North Bridge leads you to Southside Village with amazing restaurants, Morton's gourmet shoppe, and the excitement of downtown Sarasota including art galleries, block parties, Marina Jack and Bayfront Park. Siesta Key life is beaching, walking, biking, swimming, paddleboarding, kayaking, boating, jet skiing, tennis, pickleball, incredible sunsets and more! Siesta Key Village offers you a taste of Old Florida Charm with tiki bars, Captain Kirk's for grouper sandwiches and football, or an elegant meal at Summerhouse or Cafe Gabbiano's. The home is 1 mile to Siesta Beach! Come fall in love with this NEW and beautiful contemporary home.

Last Agent to Sell the Property

Frank DiNardo

SECURE CAPITAL License #3406114 Listed on: 12/10/2022

Last Buyer's Agent

Rick Lovett

COLDWELL BANKER SARASOTA CENT. License #3551466

COLDWELL BANKER SARASOTA CENT.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,145

Year Built

  • Built in 1973

Lot Details

  • 9,298 Sq Ft Lot
  • Southwest Facing Home
  • Wood Fence
  • Irrigation
  • Landscaped with Trees
  • Property is zoned RSF2

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Sliding Doors
  • Great Room
  • Garden Views
  • High Impact Windows
  • Laundry in Garage

Kitchen

  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Brick
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Eco-Friendly Details

  • Energy-Efficient Windows

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Gunite Pool
  • Saltwater Pool
  • Fence Around Pool
  • Pool Deck
  • Outdoor Shower
  • Chlorine Free
  • Pool Tile
  • Pool Lighting

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Electric Water Heater
  • 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

$3,145

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, Mediterranean
  • Construction Materials: Stucco
  • Fireplace: Yes
  • Living Area: 1600
  • Lot Size Acres: 0.21
  • New Construction: No
  • Year Built: 1973
  • Building Area Total: 3500
  • Lot Size Sq Ft: 9298
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Estimated
  • Escrow State: FL
  • Floor Number: 1
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 871.88
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Stone, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Brick, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Primary Bedroom Main Floor, Open Floorplan, Stone Counters, Thermostat
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Impact Glass/Storm Windows
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Great Room
  • Living Area Meters: 148.64

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: Chlorine Free, Deck, Gunite, Heated, In Ground, Lighting, Salt Water, Screen Enclosure, Tile
  • Exterior Features: Irrigation System, Lighting, Outdoor Shower, Sliding Doors
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • View: Garden
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Enclosed
  • Road Surface Type: Asphalt
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Sprinkler Meter, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required 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: 0081100032
  • Additional Parcels: No
  • Fencing: Fenced, Wood
  • Lot Features: In County
  • Property Attached Yn: No
  • Flood Zone Code: AE

Green Features

  • Efficiency: Appliances, Windows

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Leases must be at least 30 days.

Tax Info

  • Tax Annual Amount: 3145.06
  • Tax Block: 28
  • Tax Book Number: 1037-423
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2022
Closed on
Dec 29, 2023
Sold by
Wheeler Capital Llc
Bought by
Baretz Revocable Trust
Seller's Agent
Frank DiNardo
SECURE CAPITAL
Buyer's Agent
Rick Lovett
COLDWELL BANKER SARASOTA CENT.
List Price
$1,925,000
Sold Price
$1,395,000
Premium/Discount to List
-$530,000
-27.53%
Views
394
Current Estimated Value
$1,087,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$307,465
Avg. Annual Appreciation
-12.72%

Purchase Details

Closed on
Jul 7, 2000
Sold by
Franck Mary Eileen
Bought by
Franck Mary Eileen

Purchase Details

Closed on
May 31, 1994
Sold by
Hollings John E and Hollings John T
Bought by
Franck Harold R and Franck Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
8.46%
Source: Public Records

Range of Values:

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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
Baretz Revocable Trust $1,395,000 None Listed On Document
Franck Mary Eileen -- --
Franck Harold R $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Franck Harold R $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2023 12/29/23 Sold $1,395,000 -6.9% $872 / Sq Ft
12/08/2023 12/08/23 Pending -- -- --
11/09/2023 11/09/23 Price Changed $1,499,000 -4.5% $937 / Sq Ft
07/10/2023 07/10/23 Price Changed $1,570,000 -1.6% $981 / Sq Ft
06/02/2023 06/02/23 Price Changed $1,595,000 -4.8% $997 / Sq Ft
03/22/2023 03/22/23 Price Changed $1,675,000 -4.3% $1,047 / Sq Ft
03/15/2023 03/15/23 Price Changed $1,750,000 -2.8% $1,094 / Sq Ft
02/27/2023 02/27/23 Price Changed $1,799,999 -2.7% $1,125 / Sq Ft
01/23/2023 01/23/23 Price Changed $1,850,000 -3.9% $1,156 / Sq Ft
12/10/2022 12/10/22 For Sale $1,925,000 +91.5% $1,203 / Sq Ft
04/22/2022 04/22/22 Sold $1,005,000 +3.6% $637 / Sq Ft View Prior Sale
03/04/2022 03/04/22 Pending -- -- --
02/26/2022 02/26/22 For Sale $970,000 -- $615 / 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 $10,608 $1,002,900 $603,600 $399,300
2023 $10,608 $869,900 $568,400 $301,500
2022 $9,130 $736,900 $524,500 $212,400
2021 $3,145 $256,543 $0 $0
2020 $3,147 $253,001 $0 $0
2019 $3,032 $247,313 $0 $0
2018 $2,954 $242,702 $0 $0
2017 $2,938 $237,710 $0 $0
2016 $2,796 $393,600 $217,100 $176,500
2015 $2,844 $424,800 $272,600 $152,200
2014 $2,833 $214,826 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4553787

Stellar MLS

APN: 0081-10-0032