NOT LISTED FOR SALE

5439 Azure Way Sarasota, FL 34242

Estimated Value: $1,492,000 - $1,726,000

3 Beds
3 Baths
2,473 Sq Ft
$647/Sq Ft Est. Value

Last Sold April 23, 2018

Last sale price $1,000,000 $404 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $9,304/month

85 Days on Market

Highlights

  • 108 Feet of Waterfront
  • Dock made with concrete
  • Indoor Pool
  • Phillippi Shores Elementary School Rated A
  • Boat Slip Deeded
  • Custom Home

About This Home

As of April 2018

Escape to Siesta Key in this dazzling waterfront residence only moments from the top-rated beach in the United States. Located on deep boating water, Siesta’s Grand Canal, arrive home by land or by sea. Light, bright, and beautiful, this three-bedroom home is open and inviting – ideal for entertaining or spending time with loved ones. Savor water views, an abundance of natural light, and welcoming spaces that flow from room to room with ease. Tastefully renovated throughout, cook to your heart’s content in the expansive custom kitchen equipped with breakfast bar, induction cooktop, double ovens and warming drawer. Open the sliding glass doors in the family room to experience refreshing salty breezes as you luxuriate in the warmth of the fireplace. You’ll love the sleek look and easy-to-clean hardwood floors. Recent upgrades include a new metal roof (10-year warranty), impact-resistant windows, new bathrooms, a whole-house water filtration system, lawn irrigation on well and pool/deck resurfacing. Enjoy the Florida lifestyle within the screened pool and spa, overlooking the canal. Moor a large boat on your dock where you can easily take it out to the Bay or Gulf thanks to the wide width of the waterway and only one bridge to open waters. Situated just minutes from Siesta Village, enjoy daily trips to Morton’s Siesta Market, ice cream shops, and laidback boutiques. Or, experience the urban amenities and cultural attractions of downtown Sarasota.

Last Agent to Sell the Property

Maurice Menager

MICHAEL SAUNDERS & COMPANY License #3025003 Listed on: 12/12/2017

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Linda Holley

WILLIAM RAVEIS REAL ESTATE License #3246794

Last Buyer's Agent

Geneva Iriarte, PA

INTERNATIONAL REALTY PLUS TAMP License #3120659

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,883

Year Built

  • Built in 1962

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 111x125x108x124
  • 108 Feet of Waterfront
  • Property fronts a saltwater canal
  • Key Lot That May Back To Multiple Homes
  • Mature Landscaping
  • Well Sprinkler System
  • Property is zoned RSF2

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Pad
  • Oversized Parking
  • Garage Door Opener
  • Driveway
  • Guest Parking
  • Open Parking

Property Views

  • Canal
  • Pool

Home Design

  • Custom Home
  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,473 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Wood Burning Fireplace
  • Thermal Windows
  • Blinds
  • French Doors
  • Sliding Doors
  • Family Room with Fireplace
  • Great Room
  • Separate Formal Living Room
  • Storage Room
  • Laundry in unit
  • Inside Utility
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Double Convection Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Bamboo
  • Wood
  • No or Low VOC Flooring
  • Porcelain Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Low Flow Plumbing Fixtures

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Roof
  • Energy-Efficient Thermostat
  • No or Low VOC Paint or Finish
  • Ventilation
  • Non-Toxic Pest Control
  • HVAC Cartridge or Media Filter
  • HVAC Filter MERV Rating 8+
  • Whole House Water Purification

Pool

  • Indoor Pool
  • Screened Pool
  • In Ground Pool
  • Gunite Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Fixed Bridges
  • Access to Saltwater Canal
  • Davits
  • Seawall
  • Boat Slip Deeded
  • Dock made with concrete
  • Open Dock
  • Balcony
  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Shed
  • Rain Gutters

Location

  • Flood Insurance May Be Required

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • High-Efficiency Water Heater
  • Water Purifier
  • High Speed Internet
  • Cable TV Available

Community Details

  • Siesta Isles Community
  • Siesta Isles Subdivision
  • The community has rules related to deed restrictions, fencing
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,883

Year Built

Built in 1962

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2473
  • Lot Size Acres: 0.32
  • New Construction: No
  • Year Built: 1962
  • Building Area Total: 3583
  • Lot Size Sq Ft: 13800
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4203969&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4203969&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.93032
  • Price per Sq Ft: 404.37
  • Close to Original List Price Ratio: 0.93032
  • Ratio: Current Price\Building Area Total: 279.1
  • View: Yes
  • Co List Office Mls Id: 281502395
  • Co List Office Phone: 941-349-3444
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Bamboo, Porcelain Tile, Hardwood
  • Full Bathrooms: 3
  • Interior Amenities: Attic, Built in Features, Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Wet Bar
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Double Oven, Electric Water Heater, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, Exhaust Fan, Microwave Hood, Refrigerator, Water Purifier Owned
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Window Features: Blinds, Thermal Windows
  • Room Count: 8
  • Additional Rooms: Attic, Family Room, Formal Living Room Separate, Great Room, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Shed(s), Storage
  • Pool Features: Gunite, In Ground, Indoor, Screen Enclosure
  • Exterior Features: Balcony, French Doors, Irrigation System, Lighting, Rain Gutters, Sliding Doors, Storage
  • Roof: Metal
  • Pool Private: Yes
  • View: Pool, Water
  • Water Body Name: Grand Canal
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Enclosed, Patio, Porch, Screened
  • Water View: Canal
  • Water Access: Canal - Saltwater
  • Water Extras: Bridges - Fixed, Davits, Dock - Concrete, Dock - Open, Dock - Slip Deeded On-Site, Dock w/Electric, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 1251440143E
  • Waterfront Frontage: 108
  • Additional Water Information: Grand Canal is the main access to the Intracoastal with only one bridge.
  • Water Frontage Feet Canal Salt: 108
  • Disclosures: HOA/PUD/Condo Disclosure, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Guest, Oversized, Parking Pad
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Sprinkler Well, Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Amenities: Fence Restrictions
  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • S W Subdiv Condo Num: 1567
  • Association Fee Requirement: Optional
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 100
  • Monthly HOA Fee: 8.33
  • Total Monthly Fees: 8.33

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0082100027
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, In County, Key Lot
  • Lot Dimensions: 111x125x108x124
  • Millage Rate: 12.69
  • Flood Zone Code: AE
  • Flood Zone Date: 1992-09-03
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Appliances, HVAC, Insulation, Roof, Thermostat, Water Heater
  • Green Indoor Air Qlty: HVAC Cartridge/Media Filter, HVAC Filter MERV 8+, No/Low VOC Flooring, No/Low VOC Paint/Finish, Non Toxic Pest Control, Ventilation
  • Green Water Conservation: Low-Flow Fixtures, Whole House Water Purification
  • Green Landscaping: Fl. Friendly/Native Landscape

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Num Timesper Year: 12
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Per Sarasota County Guidelines

Tax Info

  • Tax Annual Amount: 5883
  • Tax Book Number: 14-11
  • Tax Lot: 208

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2017
Closed on
Apr 23, 2018
Sold by
Regan Ronald W and Regan Patricia Ann
Bought by
Segredo Guilleermo T
Seller's Agent
Maurice Menager
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Geneva Iriarte, PA
INTERNATIONAL REALTY PLUS TAMP
List Price
$1,074,900
Sold Price
$1,000,000
Premium/Discount to List
-$74,900
-6.97%
Current Estimated Value
$1,598,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$598,867
Avg. Annual Appreciation
6.34%
Original Mortgage
$800,000
Outstanding Balance
$685,185
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$913,682
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Segredo Guilleermo T $1,000,000 Veterans Escrow & Title Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Segredo Guilleermo T $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2018 04/23/18 Sold $1,000,000 -7.0% $404 / Sq Ft
03/08/2018 03/08/18 Pending -- -- --
12/12/2017 12/12/17 For Sale $1,074,900 -- $435 / 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
2025 $10,733 $925,664 -- --
2024 $10,415 $899,576 -- --
2023 $10,415 $873,375 $0 $0
2022 $10,191 $847,937 $0 $0
2021 $10,000 $809,842 $0 $0
2020 $10,061 $798,661 $0 $0
2019 $9,767 $780,705 $0 $0
2018 $5,908 $471,501 $0 $0
2017 $5,883 $461,803 $0 $0
2016 $5,878 $791,800 $489,100 $302,700
2015 $5,787 $653,800 $449,900 $203,900
2014 $5,766 $424,372 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4203969

Stellar MLS

APN: 0082-10-0027