NOT LISTED FOR SALE

540 N Spoonbill Dr Sarasota, FL 34236

Estimated Value: $4,872,000 - $7,139,923

4 Beds
4.5 Baths
5,058 Sq Ft
$1,217/Sq Ft Est. Value

Last Sold February 14, 2019

Last sale price $1,700,000 $336 Per Sq Ft

Est. 262% increase in value since last sale

Current estimated payment $36,293/month

270 Days on Market

Highlights

  • 142 Feet of Waterfront
  • Access To Intracoastal Waterway
  • Solar Heated In Ground Pool
  • Southside Elementary School Rated A
  • Intracoastal View
  • Gated Community

About This Home

As of February 2019

SHORT SALE - NEW BANK APPROVED PRICE - NO FORECLOSURE DATE SCHEDULED - new lower price - quick close - Highly sought after neighborhood on unique Bird Key sitting between St. Armand's Circle and downtown Sarasota. This inter-coastal waterfront home is sitting on close to a half acre direct access waterfront with amazing canal and gulf views and is close to all of Sarasota finest features. Large home with many extra features including 3 master bedrooms with en-suite baths, two story foyer entrance with artistic flair, outdoor patio with large swimming pool and well manicured yard with Voysia grass. Waterfront features 143 feet of inter coastal access. Sail out into Sarasota Bay without bridges and exceptional views. Repairs that may be needed: tile roof, flat roof, windows, 3 & 5 ton air handlers, pool pump, 3 water heaters, 2nd floor NE master ceiling, SW master walls, garage SW ceiling.

Check out full virtual tour. Many more pictures.

Last Agent to Sell the Property

Eric Greenstein

APPLE REAL ESTATE LLC License #3223250 Listed on: 03/24/2018

Last Buyer's Agent

Liz Nason

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3030113

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,200

Year Built

  • Built in 1964

Lot Details

  • 0.43 Acre Lot
  • 142 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Mature Landscaping
  • Irrigation
  • Property is zoned RSF1

HOA Fees

  • $56 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Oversized Parking
  • Workshop in Garage

Property Views

  • Intracoastal
  • Full Bay or Harbor

Home Design

  • Colonial Architecture
  • Bi-Level Home
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,058 Sq Ft Home
  • Wet Bar
  • Crown Molding
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Thermal Windows
  • Blinds
  • Sliding Doors
  • Living Room with Fireplace
  • Formal Dining Room
  • Inside Utility
  • Attic Ventilator

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Intercom
  • Fire and Smoke Detector

Pool

  • Solar Heated In Ground Pool
  • Saltwater Pool
  • Pool Lighting

Outdoor Features

  • Access To Intracoastal Waterway
  • Fishing Pier
  • No Fixed Bridges
  • Davits
  • Seawall
  • Open Dock
  • Balcony
  • Exterior Lighting
  • Shed
  • Outdoor Grill
  • Rain Gutters

Location

  • Flood Zone Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Water Purifier
  • Satellite Dish

Listing and Financial Details

Community Details

Overview

  • Optional Additional Fees
  • Bird Key Sub Community
  • Bird Key Sub Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,200

Year Built

Built in 1964

Lot Details

0

HOA Fees

$56 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Construction Materials: Brick, Stucco, Wood Frame
  • Fireplace: Yes
  • Living Area: 5058
  • Lot Size Acres: 0.43
  • New Construction: No
  • Year Built: 1964
  • Building Area Total: 7649
  • Lot Size Sq Ft: 18843
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4214379&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4214379&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.97983
  • Price per Sq Ft: 336.1
  • Close to Original List Price Ratio: 0.64811
  • Ratio: Current Price\Building Area Total: 222.25
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2017
  • Special Features: 4108

Interior Features

  • Fireplace Features: Living Room, Master Bedroom, Other Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Marble, Hardwood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Attic, Attic Ventilator, Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Intercom, Solid Wood Cabinets, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer, Water Purifier Owned
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Other Equipment: Satellite Dish
  • Window Features: Blinds, Thermal Windows, Window Treatments
  • Room Count: 6
  • Additional Rooms: Attic, Formal Dining Room Separate, Inside Utility
  • ResoLivingAreaSource: Owner

Exterior Features

  • Other Structures: Shed(s)
  • Pool Features: Heated, In Ground, Lighting, Salt Water, Solar Heat
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Grill, Rain Gutters, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Water Body Name: Dolphin Bay
  • Waterfront: Yes
  • Water View: Bay/Harbor - Partial, Intracoastal Waterway
  • Water Access: Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges, Davits, Dock - Open, Dock w/Electric, Fishing Pier, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0133F
  • Waterfront Frontage: 142
  • Water Frontage Feet I C W: 142
  • Additional Water Information: Updated with stainless steel tiebacks in 2005 - 13 individually spaced (4x4 slabs) over the entire waterway acccess

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Oversized, Workshop in Garage
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community
  • Association Amenities: Gated, Optional Additional Fees
  • Association Fee: 675
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Gated Community, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Amenities Additional Fees: Bird Key transfer fee is $600.00 - to be paid by Buyer Bird Key Yacht Club is optional membership
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 675
  • Monthly HOA Fee: 56.25
  • Total Monthly Fees: 56.25

Lot Info

  • Zoning: RSF1
  • Parcel Number: 2012130006
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 6 Months
  • Approval Process: Bird Key association approval needed
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Association approval

Tax Info

  • Tax Annual Amount: 24200
  • Tax Block: 14
  • Tax Book Number: 11-20
  • Tax Lot: 9

Multi Family

  • Waterfront Features: Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2018
Closed on
Feb 14, 2019
Sold by
Forrest Alfred T and Forrest Sharon D
Bought by
Linton Larry L and Larry L Linton Revocable Trust
Seller's Agent
Eric Greenstein
APPLE REAL ESTATE LLC
Buyer's Agent
Liz Nason
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$1,735,000
Sold Price
$1,700,000
Premium/Discount to List
-$35,000
-2.02%
Current Estimated Value
$6,155,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,455,641
Avg. Annual Appreciation
21.17%

Purchase Details

Closed on
Aug 15, 2001
Sold by
Vorbeck Mick and Vorbeck Pattaraporn
Bought by
Forrest Alfred T and Forrest Sharon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 1996
Sold by
Kay Janet and Kay Jeanette
Bought by
Vorbeck Mick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
7.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 1994
Sold by
Sun Bk Gulf Coast
Bought by
Kay Robert Mckay and Kay Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.47%
Mortgage Type
Purchase Money Mortgage
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
Linton Larry L $1,700,000 Title Alliance Of The Gulf C
Forrest Alfred T $1,290,000 --
Vorbeck Mick $600,000 --
Kay Robert Mckay $603,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Forrest Alfred T $960,000
Previous Owner Vorbeck Mick $480,000
Previous Owner Kay Robert Mckay $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2019 02/14/19 Sold $1,700,000 -2.0% $336 / Sq Ft
12/19/2018 12/19/18 Pending -- -- --
11/12/2018 11/12/18 Price Changed $1,735,000 0.0% $343 / Sq Ft
11/12/2018 11/12/18 For Sale $1,735,000 -7.2% $343 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
09/07/2018 09/07/18 Price Changed $1,870,000 -0.3% $370 / Sq Ft
08/30/2018 08/30/18 Price Changed $1,875,000 -0.3% $371 / Sq Ft
08/21/2018 08/21/18 Price Changed $1,880,000 -0.5% $372 / Sq Ft
08/17/2018 08/17/18 Price Changed $1,890,000 -0.5% $374 / Sq Ft
06/28/2018 06/28/18 Price Changed $1,899,999 -13.6% $376 / Sq Ft
06/14/2018 06/14/18 Price Changed $2,199,999 -9.1% $435 / Sq Ft
05/21/2018 05/21/18 Price Changed $2,420,000 -6.9% $478 / Sq Ft
04/23/2018 04/23/18 Price Changed $2,600,000 -0.8% $514 / Sq Ft
03/29/2018 03/29/18 Price Changed $2,620,000 -0.1% $518 / Sq Ft
03/23/2018 03/23/18 For Sale $2,623,000 -- $519 / 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 $48,217 $3,360,349 -- --
2023 $48,217 $3,262,475 $0 $0
2022 $47,179 $3,167,451 $0 $0
2021 $46,467 $3,001,700 $1,296,400 $1,705,300
2020 $18,010 $1,124,900 $1,102,800 $22,100
2019 $24,864 $1,567,420 $0 $0
2018 $24,472 $1,538,194 $0 $0
2017 $24,200 $1,506,556 $0 $0
2016 $24,187 $1,774,000 $1,134,300 $639,700
2015 $24,554 $1,688,000 $1,078,100 $609,900
2014 $24,538 $1,432,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4214379

Stellar MLS

APN: 2012-13-0006