NOT LISTED FOR SALE

531 Reid St Sarasota, FL 34242

Estimated Value: $1,161,000 - $1,636,000

4 Beds
2.5 Baths
3,620 Sq Ft
$379/Sq Ft Est. Value

Last Sold January 20, 2021

Last sale price $929,000 $257 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $8,590/month

1 Day on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Family Room Off Kitchen
  • Phillippi Shores Elementary School Rated A
  • Wood Flooring
  • Built-In Features

About This Home

As of January 2021

This gorgeous three-bedroom plus office, two and a half bath home is finally for sale! All 4,012 square feet of this home has been meticulously maintained from top to bottom. The home features an oversized living room, family room, and kitchen that provides access to the private pool and lounge area. The master bedroom and second bedroom have access to the front porch, which is the perfect place to enjoy the beautiful Florida weather. The backyard has been turned into the perfect tropical oasis, with a pool, grill area, and beautiful water views. The home is move-in ready, with a new roof, appliances, A/C as well as countless other upgrades. Perfectly located near all of the best shopping, restaurants, and entertainment as well as the World-Famous Siesta Key beach! To top it off the ODA Academy is right across the street! This home is one you must see to believe, schedule your private showing today, this rare opportunity will not last long!

Last Agent to Sell the Property

Curtis Ware

KW COASTAL LIVING III License #3275023 Listed on: 12/03/2020

KW COASTAL LIVING III

Last Buyer's Agent

Brian Ward

WATERSIDE REALTY LLC License #3254025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,698

Year Built

  • Built in 1962

Lot Details

  • 8,461 Sq Ft Lot
  • South Facing Home
  • Property is zoned RSF2

Home Design

  • Bi-Level Home
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,620 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Family Room Off Kitchen

Kitchen

  • Built-In Oven
  • Microwave
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • High Speed Internet
  • Phone Available

Community Details

  • Ocean Beach Community

Listing and Financial Details

  • Legal Lot and Block 15 / A
  • Assessor Parcel Number 0079110010

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,698

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Brick, Wood Frame
  • Living Area: 3620.00
  • Lot Size Acres: 0.19
  • Year Built: 1962
  • Building Area Total: 4012.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4485051?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4485051?w=Customer
  • Lot Size Sq Ft: 8461
  • Building Search Sq Meters: 372.73
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4485051?w=PubMLS
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Room Count: 12
  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Kitchen/Family Room Combo, Open Floorplan, Thermostat
  • Appliances Included: Built-In Oven, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Living Area Meters: 336.31

Exterior Features

  • Direction Faces: South
  • Pool Features: Gunite, In Ground
  • Exterior Features: Lighting
  • Roof: Shingle
  • Flood Zone Code: AE
  • Flood Zone Date: 11/04/2016
  • Flood Zone Panel: 12115C0141F
  • Pool Private: Yes
  • Road Surface Type: Asphalt

Garage/Parking

  • Parking Features: Driveway, Off Street

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Ocean Beach

Lot Info

  • Total Acreage: 0 to less than 1/4
  • Zoning: RSF2
  • Parcel Number: 0079110010
  • Lot Size Square Meters: 786

Rental Info

  • Minimum Lease: 1 Month
  • Additional Lease Restrictions: Verify with the county about the latest leasing restrictions.
  • Pets Allowed: Yes

Multi Family

  • Approval Process: Verify with the county about the latest leasing restrictions.

Tax Info

  • Tax Annual Amount: 5698.00
  • Tax Block: A
  • Tax Book Number: 488-889
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2020
Closed on
Jan 20, 2021
Sold by
Falck Victor and Falck Ellis R
Bought by
Dufour Daniel Arthur and Smith Deann Foran
Seller's Agent
Curtis Ware
KW COASTAL LIVING III
Buyer's Agent
Brian Ward
WATERSIDE REALTY LLC
List Price
$929,000
Sold Price
$929,000
Current Estimated Value
$1,371,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$442,137
Avg. Annual Appreciation
9.74%
Original Mortgage
$696,750
Outstanding Balance
$629,245
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$798,231

Purchase Details

Closed on
Feb 7, 2008
Sold by
Browne Christopher K and Browne Carroll A
Bought by
Falck Victor and Falck Ellis R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.97%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 28, 2007
Sold by
Browne Christopher K and Browne Carroll A
Bought by
Falck Victor and Falck Ellie R

Purchase Details

Closed on
Sep 22, 1999
Sold by
Browne Christopher K and Browne Carroll A
Bought by
Browne Christopher K and Browne Carroll A
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
Dufour Daniel Arthur $929,000 Attorney
Falck Victor -- Barnes Walker Title Inc
Falck Victor $582,500 Barnes Walker Title Inc
Browne Christopher K $39,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dufour Daniel Arthur $696,750
Previous Owner Falck Victor A $200,000
Previous Owner Browne Christopher K $332,000
Previous Owner Browne Christopher K $242,000
Previous Owner Browne Christopher K $208,400
Previous Owner Browne Christopher K $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2021 01/20/21 Sold $929,000 0.0% $257 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
12/03/2020 12/03/20 For Sale $929,000 -- $257 / 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 $13,599 $1,061,000 $522,500 $538,500
2023 $13,599 $1,139,400 $495,200 $644,200
2022 $12,416 $996,000 $475,800 $520,200
2021 $9,299 $715,600 $341,600 $374,000
2020 $5,291 $415,200 $227,100 $188,100
2019 $5,698 $449,658 $0 $0
2018 $5,578 $441,274 $0 $0
2017 $5,555 $432,198 $0 $0
2016 $5,572 $510,700 $202,300 $308,400
2015 $5,673 $538,500 $269,100 $269,400
2014 $5,653 $393,579 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4485051

Stellar MLS

APN: 0079-11-0010