NOT LISTED FOR SALE

5079 Commonwealth Dr Sarasota, FL 34242

Estimated Value: $971,000 - $1,155,000

3 Beds
2 Baths
1,770 Sq Ft
$598/Sq Ft Est. Value

Last Sold September 12, 2022

Last sale price $1,200,000 $678 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $6,519/month

3 Days on Market

Highlights

  • Screened Pool
  • Separate Formal Living Room
  • Granite Countertops
  • Phillippi Shores Elementary School Rated A
  • Window or Skylight in Bathroom
  • Wine Refrigerator

About This Home

As of September 2022

Your charming beach home awaits and is less than five minutes from the crystal white sands of Siesta Key Beach. Situated on a quiet street, occupying a private oversized lot with mature tropical landscaping, this fully fenced pool home has it all and is ready for immediate occupancy. There are many aspects to the quintessential beach house and this home does not disappoint. An extremely large, screened lanai allows entertaining even if the elements are not ideal with both a large, covered area providing shade and shelter and an expansive area that receives all-day sun. Paver decking surrounds the oversized heated saltwater pool which received a new pebble finish, waterfall feature, remote automation and new screening in 2019. Convenient and easy access to the delightful lanai area is accessible from both the family and the living room via French doors. The split plan design is ideal for family or guests and separates the owner’s suite from the rest of the home. The spacious owner’s suite features a walk-in closet, plantation shutters, French doors that lead out to the lanai and a nicely updated en-suite bath complete with a comfort-height granite sink and a tiled walk-in shower. The other side of the home offers two additional roomy bedrooms with plantation shutters, a spacious bright laundry room, and a beautifully updated full bath with granite countertops and undermount sinks, ideal for privacy with guests and family. The kitchen is situated in the middle of the home and shines with soft-close white wood cabinetry, granite countertops, a breakfast bar and a convenient pass-through to the lanai. An ideally laid-out two-car garage with a workbench, wall-mounted cabinets and a slatwall system will keep your gear organized and always at hand. Other noteworthy mentions include porcelain tile flooring, ceiling fans, recessed lighting, and an abundance of closets and storage throughout the home. Be prepared to spend time enjoying the outdoor space as it is truly delightful all year round.

Last Agent to Sell the Property

Mike Warm

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3337038 Listed on: 08/10/2022

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Henry Buitrago

NONA LEGACY POWERED BY LA ROSA License #3441408

NONA LEGACY POWERED BY LA ROSA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,194

Year Built

  • Built in 1975

Lot Details

  • 0.27 Acre Lot
  • South Facing Home
  • Vinyl Fence
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Property is zoned RSF2

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,770 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Shutters
  • Blinds
  • French Doors
  • Family Room
  • Separate Formal Living Room
  • Dining Room
  • Inside Utility
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Convection Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Single Vanity
  • Dual Sinks
  • Bathtub with Shower
  • Shower Only
  • Linen Closet In Bathroom
  • Window or Skylight in Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Gunite Pool
  • Saltwater Pool
  • Fence Around Pool
  • Pool has a Solar Cover

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Private Mailbox

Location

  • Flood Insurance May Be Required

Schools

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

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater
  • High Speed Internet
  • 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

$6,194

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1770
  • Lot Size Acres: 0.27
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 2646
  • Lot Size Sq Ft: 11848
  • Directions to Property: From Siesta Drive, cross the bridge onto Siesta Key and turn left onto Midnight Pass Rd, then turn right onto Commonwealth Dr. House is on right.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1037329
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 677.97
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Master Bedroom Main Floor, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Blinds, Shutters
  • Street Number Modifier: 5079
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Family Room,Formal Living Room Separate,Inside Utility
  • Living Area Meters: 164.44
  • Room Count: 10

Exterior Features

  • Direction Faces: South
  • Pool Features: Gunite, Heated, In Ground, Salt Water, Screen Enclosure, Solar Cover
  • Exterior Features: French Doors, Irrigation System, Lighting, Private Mailbox
  • Roof: Tile
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered, Rear Porch, Screened
  • Road Surface Type: Paved
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Extras YN: 0
  • 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: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • 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: 0081100029
  • Additional Parcels: No
  • Fencing: Fenced, Vinyl
  • Lot Features: Flood Insurance Required, In County
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 1101

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Partially
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 6194.39
  • Tax Block: 21
  • Tax Book Number: 1037-423
  • Tax Lot: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2022
Closed on
Sep 12, 2022
Sold by
Barry Wolf Florida Trust
Bought by
Pellegrino Steven
Seller's Agent
Mike Warm
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Henry Buitrago
NONA LEGACY POWERED BY LA ROSA
List Price
$1,195,000
Sold Price
$1,200,000
Premium/Discount to List
$5,000
0.42%
Views
3
Current Estimated Value
$1,057,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$142,207
Avg. Annual Appreciation
-1.86%
Original Mortgage
$630,000
Outstanding Balance
$604,963
Interest Rate
4.99%
Mortgage Type
Balloon
Estimated Equity
$529,222

Purchase Details

Closed on
Oct 16, 2019
Sold by
Wolf Barry
Bought by
Barry Wolf Florida Trust

Purchase Details

Listed on
Nov 13, 2013
Closed on
Mar 4, 2014
Sold by
Greenberg Patricia S
Bought by
Wolf Barry
Seller's Agent
John Kennedy
CAPITAL REAL ESTATE ENTERPRISE
Buyer's Agent
Judie Berger
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$567,900
Sold Price
$515,000
Premium/Discount to List
-$52,900
-9.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%
Original Mortgage
$400,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2003
Sold by
Lewis Nina
Bought by
Greenberg Mark and Greenberg Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
6.45%
Source: Public Records

Range of Values:

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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
Pellegrino Steven $1,200,000 --
Barry Wolf Florida Trust -- Attorney
Wolf Barry $515,000 Attorney
Greenberg Mark $375,000 --
Lewis Nina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pellegrino Steven $630,000
Previous Owner Wolf Barry $500,000
Previous Owner Wolf Barry $441,000
Previous Owner Wolf Barry $400,000
Previous Owner Lewis Nina $255,000
Previous Owner Lewis Nina $282,109
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2022 09/12/22 Sold $1,200,000 +0.4% $678 / Sq Ft
08/14/2022 08/14/22 Pending -- -- --
08/10/2022 08/10/22 For Sale $1,195,000 +132.0% $675 / Sq Ft
03/04/2014 03/04/14 Sold $515,000 -9.3% $291 / Sq Ft
01/02/2014 01/02/14 Pending -- -- --
11/13/2013 11/13/13 For Sale $567,900 -- $321 / 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 $10,601 $848,200 $578,800 $269,400
2023 $10,601 $865,300 $531,100 $334,200
2022 $6,231 $520,253 $0 $0
2021 $6,194 $505,100 $356,600 $148,500
2020 $5,775 $426,100 $279,700 $146,400
2019 $5,547 $412,100 $238,800 $173,300
2018 $5,905 $442,100 $271,700 $170,400
2017 $6,036 $444,700 $254,100 $190,600
2016 $5,848 $420,000 $222,300 $197,700
2015 $6,223 $437,100 $265,700 $171,400
2014 $3,464 $260,047 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4543698

Stellar MLS

APN: 0081-10-0029