Seller's Agent in 2013
Kim Ogilvie
Michael Saunders
(941) 376-1717
17 in this area
113 Total Sales
525 Cummings St Sarasota, FL 34242
Estimated Value: $1,577,508
3
Beds
3
Baths
2,012
Sq Ft
$784/Sq Ft
Est. Value
Highlights
- Boathouse
- 216 Feet of Waterfront
- Deeded Boat Dock
- Phillippi Shores Elementary School Rated A
- Fishing Pier
- Boat Lift
About This Home
As of December 2013The perfect island getaway. Gated for privacy, this classic Key West compound is positioned on the curve of the canal with 216' of seawall and water on 2 sides. There is a custom built tiki hut with thatched roof, a boat house with lift, a dock with a 10,000 lb. lift and an additional pier. The tropical landscaping and resort style free form heated pool with fountain convince the senses that you're on vacation at a spa. The perfectionist owners of the property gutted the original house down to the blocksso this house lives like new. Stylish, open kitchen with Old World style hand rubbed cabinetry topped with granite countertops, Subzero refrigerator, Wolf double ovens w/ warming drawer and large center island with Wolf induction cook top. Features include a standing seam metal roof, custom mahogany five-point locking front door, solid wood interior doors, a 4 ton 13.5 seer heat pump, 2 HWH, Plantation shutters throughout, Italian porcelain tile flooring, crown moldings, a fireplace and a master suite with a sitting area or office. Exterior lighting by Kreissle Forge, paver driveway and a 10 x 14 finished storage room. Truly a gem.
Last Agent to Sell the Property
MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-951-6660 License #0412475 Listed on: 10/25/2013
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,172
Year Built
- Built in 1953
Lot Details
- 0.26 Acre Lot
- 216 Feet of Waterfront
- Waterfront Tip Lot
- Property fronts a saltwater canal
- Cul-De-Sac
- Street terminates at a dead end
- South Facing Home
- Native Plants
- Corner Lot
- Well Sprinkler System
- Property is zoned RSF2
Property Views
- Canal
- Pool
Home Design
- Florida Architecture
- Slab Foundation
- Metal Roof
- Block Exterior
- Stucco
Interior Spaces
- 2,012 Sq Ft Home
- Crown Molding
- Ceiling Fan
- Wood Burning Fireplace
- Window Treatments
- Family Room with Fireplace
- Living Room with Fireplace
- Den
- Storage Room
- Ceramic Tile Flooring
Kitchen
- Eat-In Kitchen
- Built-In Convection Oven
- ENERGY STAR Qualified Dishwasher
- Stone Countertops
- Solid Wood Cabinet
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- 3 Full Bathrooms
- Low Flow Plumbing Fixtures
Laundry
- Dryer
- Washer
Home Security
- Security System Owned
- Fire and Smoke Detector
Parking
- 1 Carport Space
- Secured Garage or Parking
- Guest Parking
- Open Parking
Eco-Friendly Details
- Energy-Efficient Thermostat
- Ventilation
- HVAC UV or Electric Filtration
Pool
- Vinyl Pool
- Spa
- Pool Tile
Outdoor Features
- Fishing Pier
- Access to Saltwater Canal
- Seawall
- Boat Lift
- Boathouse
- Deeded Boat Dock
Location
- Flood Zone Lot
- Property is near public transit
Schools
- Phillippi Shores Elementary School
- Brookside Middle School
- Sarasota High School
Utilities
- Zoned Heating and Cooling System
- Underground Utilities
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Ocean Beach Community
- Ocean Beach Subdivision
- The community has rules related to deed restrictions
Listing and Financial Details
- Tax Lot 12
- Assessor Parcel Number 0079140014
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 10, 2015
Sold by
Swisher Michael M and Swisher Lorraine K
Bought by
Orie James Gerard and Orie Heidi Lynne
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Outstanding Balance
$510,273
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,067,235
Purchase Details
Listed on
Oct 25, 2013
Closed on
Dec 16, 2013
Sold by
Horowitz Robert L and Horowitz Kathy C
Bought by
Swisher Michael M and Swisher Lorraine K
Seller's Agent
Kim Ogilvie
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Thomas Cail
RE/MAX ALLIANCE GROUP
List Price
$850,000
Sold Price
$850,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Original Mortgage
$637,500
Interest Rate
4.19%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 8, 2005
Sold by
Wilson Robert F and Wilson Abigail A
Bought by
Horowitz Trust 2000
Purchase Details
Closed on
Sep 9, 1994
Sold by
Arje Sidney L
Bought by
Arje Sidney L and Wilson Abigail A
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Orie James Gerard | $1,010,000 | Attorney | |
| Swisher Michael M | $850,000 | Attorney | |
| Horowitz Trust 2000 | $895,000 | Siesta Key Title | |
| Arje Sidney L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Orie James Gerard | $660,000 | |
| Previous Owner | Swisher Michael M | $637,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/16/2013 12/16/13 | Sold | $850,000 | 0.0% | $422 / Sq Ft |
| 11/05/2013 11/05/13 | Pending | -- | -- | -- |
| 10/25/2013 10/25/13 | For Sale | $850,000 | -- | $422 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $15,769 | $1,698,500 | $1,284,400 | $414,100 |
| 2023 | $15,769 | $1,590,300 | $1,099,200 | $491,100 |
| 2022 | $14,086 | $1,378,800 | $980,800 | $398,000 |
| 2021 | $11,554 | $984,400 | $682,400 | $302,000 |
| 2020 | $10,413 | $842,500 | $557,800 | $284,700 |
| 2019 | $8,792 | $672,500 | $367,800 | $304,700 |
| 2018 | $10,065 | $775,100 | $484,800 | $290,300 |
| 2017 | $10,048 | $760,300 | $461,700 | $298,600 |
| 2016 | $9,616 | $708,100 | $393,700 | $314,400 |
| 2015 | $9,681 | $694,200 | $445,200 | $249,000 |
| 2014 | $9,221 | $469,389 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Ogilvie
-
Thomas Cail
Buyer's Agent in 2013
Thomas Cail
RE/MAX
(941) 780-2245
18 in this area
59 Total Sales
-
Jason Grande
Buyer Co-Listing Agent in 2013
Jason Grande
RE/MAX
(941) 954-5454
13 in this area
50 Total Sales
Map
Source: Stellar MLS
MLS Number: A3986685
APN: 0079-14-0014
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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