5420 Azure Way Sarasota, FL 34242
Estimated Value: $1,909,000 - $2,500,000
4
Beds
4.5
Baths
4,105
Sq Ft
$529/Sq Ft
Est. Value
Highlights
- 50 Feet of Salt Water Canal Waterfront
- Dock made with concrete
- Canal View
- Phillippi Shores Elementary School Rated A
- Lap Pool
- Family Room with Fireplace
About This Home
As of August 2023Under contract-accepting backup offers. This large Siesta Isles home on The Grand Canal a short walk to World Famous Siesta Key Beach. This 4 bedroom & 4.5 bathroom home is located on a Island on a Island, with little traffic, yet close to Siesta Beach. Ideal for entertaining large gatherings this 4,100+ sf Island Home entails all the Island Lifestyle is about. You are just a stone’s throw from the world famous powdery, white quartz sands of Siesta Beach and a short walk or bike ride to Siesta Village & its famous night life & restaurants. This high demand, prized Siesta Key location is second to none. You will enjoy the large recently remodeled kitchen with new appliances. The well-designed split plan offers flexibility and includes two oversized master bedroom suites, one on the main level and one upstairs. There is a gorgeous office with built in wood bookshelves that looks out on the Grand Canal making it an ideal spot to work from home. A bonus feature of this home is a separate en-suite bedroom with it’s own entrance which could be a suite for guests or an au pair and would serve as a wonderful artist studio. Large 2 car garage with enough space for a workshop area. The interior of the home overlooks the Tropical Pool area & Grand Canal and is perfect for entertaining large groups of friends & family.
Last Agent to Sell the Property
PREFERRED SHORE LLC License #3089245 Listed on: 03/18/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,381
Year Built
- Built in 1978
Lot Details
- 0.39 Acre Lot
- 50 Feet of Salt Water Canal Waterfront
- Property fronts a saltwater canal
- Southwest Facing Home
- Fenced
- Property is zoned RSF2
HOA Fees
- $13 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Workshop in Garage
Home Design
- Slab Foundation
- Metal Roof
- Block Exterior
- Stucco
Interior Spaces
- 4,105 Sq Ft Home
- 2-Story Property
- Built-In Features
- Shelving
- Vaulted Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Sliding Doors
- Entrance Foyer
- Family Room with Fireplace
- Great Room
- Dining Room
- Den
- Bonus Room
- Canal Views
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Built-In Oven
- Cooktop
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Solid Surface Countertops
- Disposal
Flooring
- Parquet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- En-Suite Bathroom
- Walk-In Closet
- In-Law or Guest Suite
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Lap Pool
- In Ground Pool
- Outdoor Shower
- Pool Lighting
Outdoor Features
- Access to Saltwater Canal
- Seawall
- Dock made with concrete
- Balcony
- Exterior Lighting
Schools
- Phillippi Shores Elementary School
- Brookside Middle School
- Sarasota High School
Utilities
- Central Heating and Cooling System
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
- Electric Water Heater
- Cable TV Available
Community Details
- Tara Myer, President Association
- Visit Association Website
- Siesta Isles Community
- Siesta Isles Subdivision
- The community has rules related to deed restrictions
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 233
- Assessor Parcel Number 0082100019
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 18, 2023
Closed on
Aug 3, 2023
Sold by
Harvey Reid and Harvey Patricia
Bought by
Zaczyk Michael and Zaczyk Elizabeth
Seller's Agent
Dan Miller
PREFERRED SHORE LLC
Buyer's Agent
Jessica Bow
RE/MAX PLATINUM
List Price
$2,195,000
Sold Price
$2,100,000
Premium/Discount to List
-$95,000
-4.33%
Views
307
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,035
Avg. Annual Appreciation
2.79%
Purchase Details
Listed on
Jan 10, 2021
Closed on
May 19, 2021
Sold by
Mahadevan Selvakuniaran and Mahadevan Linda
Bought by
Harvey Reid and Harvey Patricia
Seller's Agent
Samantha Kotlik
COLDWELL BANKER REALTY
Buyer's Agent
Dan Miller
PREFERRED SHORE LLC
List Price
$1,695,000
Sold Price
$1,600,000
Premium/Discount to List
-$95,000
-5.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.09%
Original Mortgage
$1,000,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 28, 1998
Sold by
Davis Robert E and Davis Andrea
Bought by
Mahadevan Selvakumaran and Mahadevan Linda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
7.11%
Similar Homes in Sarasota, FL
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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 |
|---|---|---|---|
| Zaczyk Michael | $2,100,000 | Integrity Title | |
| Harvey Reid | $1,600,000 | Attorney | |
| Mahadevan Selvakumaran | $475,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Harvey Reid | $1,000,000 | |
| Previous Owner | Mahadevan Selvakumaran | $244,000 | |
| Previous Owner | Mahadevan Selvakumaran | $380,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/03/2023 08/03/23 | Sold | $2,100,000 | -4.3% | $512 / Sq Ft |
| 07/05/2023 07/05/23 | Pending | -- | -- | -- |
| 06/27/2023 06/27/23 | For Sale | $2,195,000 | 0.0% | $535 / Sq Ft |
| 05/28/2023 05/28/23 | Pending | -- | -- | -- |
| 05/11/2023 05/11/23 | Price Changed | $2,195,000 | -4.4% | $535 / Sq Ft |
| 04/27/2023 04/27/23 | Price Changed | $2,295,000 | -4.2% | $559 / Sq Ft |
| 04/13/2023 04/13/23 | Price Changed | $2,395,000 | -4.2% | $583 / Sq Ft |
| 03/18/2023 03/18/23 | For Sale | $2,500,000 | +56.3% | $609 / Sq Ft |
| 05/19/2021 05/19/21 | Sold | $1,600,000 | 0.0% | $390 / Sq Ft |
| 03/29/2021 03/29/21 | Pending | -- | -- | -- |
| 03/23/2021 03/23/21 | Off Market | $1,600,000 | -- | -- |
| 03/23/2021 03/23/21 | Price Changed | $1,695,000 | 0.0% | $413 / Sq Ft |
| 03/23/2021 03/23/21 | For Sale | $1,695,000 | +5.9% | $413 / Sq Ft |
| 02/18/2021 02/18/21 | Off Market | $1,600,000 | -- | -- |
| 02/08/2021 02/08/21 | Pending | -- | -- | -- |
| 01/10/2021 01/10/21 | For Sale | $1,750,000 | -- | $426 / 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 | $19,847 | $1,657,600 | $1,072,400 | $585,200 |
| 2023 | $19,847 | $1,655,931 | $0 | $0 |
| 2022 | $19,381 | $1,607,700 | $1,017,400 | $590,300 |
| 2021 | $9,173 | $721,371 | $0 | $0 |
| 2020 | $9,219 | $711,411 | $0 | $0 |
| 2019 | $8,950 | $695,416 | $0 | $0 |
| 2018 | $8,779 | $682,449 | $0 | $0 |
| 2017 | $8,746 | $668,412 | $0 | $0 |
| 2016 | $8,739 | $917,200 | $514,500 | $402,700 |
| 2015 | $8,900 | $713,000 | $361,600 | $351,400 |
| 2014 | $8,871 | $635,422 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Dan Miller
Seller's Agent in 2023
Dan Miller
PREFERRED SHORE LLC
(941) 349-3460
17 in this area
40 Total Sales
-
Jessica Bow
Buyer's Agent in 2023
Jessica Bow
RE/MAX PLATINUM
(941) 356-2585
8 in this area
150 Total Sales
-
Liza Knipe
Buyer Co-Listing Agent in 2023
Liza Knipe
RE/MAX PLATINUM
(941) 586-0576
5 in this area
95 Total Sales
-
Samantha Kotlik
Seller's Agent in 2021
Samantha Kotlik
COLDWELL BANKER REALTY
(941) 447-2175
2 in this area
85 Total Sales
Map
Source: Stellar MLS
MLS Number: A4563356
APN: 0082-10-0019
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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