NOT LISTED FOR SALE

5200 Siesta Cove Dr Sarasota, FL 34242

Estimated Value: $3,210,000 - $6,616,850

4 Beds
3.5 Baths
3,242 Sq Ft
$1,602/Sq Ft Est. Value

Last Sold November 19, 2014

Last sale price $1,500,000 $463 Per Sq Ft

Est. 246% increase in value since last sale

Current estimated payment $33,072/month

469 Days on Market

Highlights

  • 208 Feet of Waterfront
  • White Water Ocean Views
  • Deeded Boat Dock
  • Phillippi Shores Elementary School Rated A
  • Fishing Pier
  • Saltwater Pool

About This Home

As of November 2014

JUST REDUCED $300,000. This remarkable Siesta Key property has not been offered for sale in over 25 years. Enjoyed and cherished by the family for all these years the property has an exceptional 208 feet of open water frontage on Roberts Bay with the best bay views in all of Sarasota. The expansive 180 degree bay views are truly remarkable spanning to the downtown skyline, the Siesta key bridge, the serene uninhabited islands doting the bay and the lights of the mainland beyond. Wake to sunrises shimmering on the water and sunsets illuminating the sky night after night. This property is serene and beautiful in all respects capturing a feeling of complete privacy and exclusivity. A perfect place to kayak and canoe for long peaceful hours. Stroll onto your observation/fishing dock to feed the many tropical birds, fish to your heart’s content and enjoy the peaceful natural habitat. A California ranch home lines the bay front with direct bay views from ALL rooms. There are three bedrooms, wood floors and a pool and spa on a large inviting deck. And there is a separate A-frame style one bedroom guest house with vaulted ceilings, cross beams, a center fireplace, kitchen and bath plus a loft area. The property offers multiple possibilities, either to remodel and make it your own or start again and build your magnificent island home on this one of a kind parcel. Lot square footage is 22,142.

Last Agent to Sell the Property

Jenifer Schwell

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-388-4447 License #0355900 Listed on: 06/18/2013

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Jenifer Schwell

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-388-4447 License #0355900 Listed on: 06/18/2013

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,440

Year Built

  • Built in 1975

Lot Details

  • 0.51 Acre Lot
  • 208 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Cul-De-Sac
  • Street terminates at a dead end
  • South Facing Home
  • Property is zoned RSF2

HOA Fees

  • $19 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Custom Home
  • Contemporary Architecture
  • Ranch Style House
  • Fixer Upper
  • Tile Roof
  • Siding
  • Stucco

Interior Spaces

  • 3,242 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Entrance Foyer
  • Great Room
  • Breakfast Room
  • Formal Dining Room
  • Loft
  • Inside Utility
  • White Water Ocean Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Slate Flooring
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Pool

  • Saltwater Pool
  • Vinyl Pool
  • Spa

Outdoor Features

  • Fishing Pier
  • Access to Bay or Harbor
  • Deeded Boat Dock
  • Breezeway

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Cable TV Available

Community Details

  • Siesta Cove Sub Community
  • Siesta Cove Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 0084040004

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,440

Year Built

Built in 1975

Lot Details

0

HOA Fees

$19 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Custom, Other, Ranch
  • Construction Materials: Siding, Stucco
  • Fireplace: Yes
  • Living Area: 3242
  • Lot Size Acres: 0.51
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 5181
  • Lot Size Sq Ft: 22421
  • Directions to Property: Midnight Pass Rd to Siesta Cove entrance across from the church, left on Siesta Cove Drive, proceed to 5200.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1046728
  • RATIO Current Price By Calculate: 462.68
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 1
  • Planned Unit Development Yn: 0
  • MFR_DockDescription: Dock - Slip Deeded On-Site
  • Attribution Contact: 941-388-4447
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Other, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Slate, Wood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Primary Bedroom Main Floor, Open Floorplan, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Crawlspace
  • Total Bedrooms: 4
  • Levels: One
  • Spa Yn: Yes
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 5200
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Breakfast Room Separate,Breezeway,Formal Dining Room Separate,Foyer,Great Room,Inside Utility,Loft
  • Living Area Meters: 301.19
  • Room Count: 9

Exterior Features

  • Direction Faces: South
  • Pool Features: Heated, Salt Water, Vinyl
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Water Body Name: ROBERTS BAY
  • Waterfront: Yes
  • Disclosures: HOA/PUD/Condo Disclosure, Lead Paint
  • Water Access: Bay/Harbor
  • Water Extras: Fishing Pier
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 208

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener

Utilities

  • Utilities: Cable Connected, Public
  • Cooling: Central Air
  • Heating: Central, Electric, Zoned

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 225
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 225.00
  • Total Monthly Fees: 18.75

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0084040004
  • Additional Parcels: No
  • Lot Features: Cul-De-Sac, FloodZone, Street Dead-End, Paved
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Zoning Compatible YN: 1
  • Future Land Use: 0810

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 16440
  • Tax Book Number: 0023/0003
  • Tax Lot: 10

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2013
Closed on
Nov 14, 2014
Sold by
Betette Robert M
Bought by
Maroney Edmund J and Maroney Amy C
Seller's Agent
Jenifer Schwell
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Jenifer Schwell
MICHAEL SAUNDERS & COMPANY
List Price
$1,850,000
Sold Price
$1,500,000
Premium/Discount to List
-$350,000
-18.92%
Current Estimated Value
$5,195,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,695,283
Avg. Annual Appreciation
13.15%
Original Mortgage
$1,500,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 13, 2013
Sold by
Qprt Bettete Jr Robert M
Bought by
Betette Robert M and Robert M Betette Jr Revocable Trust

Purchase Details

Closed on
Sep 29, 2008
Sold by
Betette Carnell Y and Betette Robert M
Bought by
Betette Carnell Y and The Carnell Y Betette Qualified Personal

Purchase Details

Closed on
Dec 27, 2007
Sold by
Betette Carnell Y and Betette Robert M
Bought by
Betette Carnell Y and The Carnell Y Betette Qprt
Source: Public Records

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Range of Values:

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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
Maroney Edmund J $1,500,000 Attorney
Betette Robert M -- Attorney
Betette Carnell Y -- Attorney
Betette Carnell Y -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maroney Edmund J $2,520,000
Closed Maroney Edmund J $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2014 11/19/14 Sold $1,500,000 -18.9% $463 / Sq Ft
10/20/2014 10/20/14 For Sale $1,850,000 0.0% $571 / Sq Ft
10/01/2014 10/01/14 Pending -- -- --
09/08/2014 09/08/14 Price Changed $1,850,000 -14.0% $571 / Sq Ft
08/01/2013 08/01/13 For Sale $2,150,000 0.0% $663 / Sq Ft
06/29/2013 06/29/13 Pending -- -- --
06/18/2013 06/18/13 For Sale $2,150,000 -- $663 / 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 $49,344 $3,902,998 -- --
2023 $49,344 $4,725,400 $2,548,600 $2,176,800
2022 $42,054 $3,770,300 $2,105,000 $1,665,300
2021 $36,853 $2,988,400 $1,755,400 $1,233,000
2020 $33,956 $2,665,800 $1,408,700 $1,257,100
2019 $47,685 $3,782,700 $1,569,700 $2,213,000
2018 $21,190 $1,692,200 $1,691,200 $1,000
2017 $19,983 $1,567,600 $1,566,600 $1,000
2016 $19,805 $1,523,300 $1,522,100 $1,200
2015 $22,810 $1,655,600 $1,470,400 $185,200
2014 $20,069 $1,152,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3979960

Stellar MLS

APN: 0084-04-0004