NOT LISTED FOR SALE

5440 Azure Way Sarasota, FL 34242

Estimated Value: $1,289,790 - $1,647,000

3 Beds
2 Baths
2,252 Sq Ft
$638/Sq Ft Est. Value

Last Sold August 29, 2019

Last sale price $850,000 $377 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $8,852/month

221 Days on Market

Highlights

  • 51 Feet of Waterfront
  • Boat Lift
  • Open Floorplan
  • Phillippi Shores Elementary School Rated A
  • Heated In Ground Pool
  • Canal View

About This Home

As of August 2019

Boating! Beach! Pool! This spacious Siesta Key home has it all! Nicely situated on an oversized corner lot ,one can’t help but notice the lush landscaping upon approaching the front door. Once inside, the split plan, 3 bedroom 2 bath home has an updated kitchen with granite counters and an island. A spacious living/ dining room, as well as the family room off the kitchen overlook a caged pool and plenty of green lawn, leading to the Grand Canal! There is a boat lift and seawall along the waterfront. The Master Bedroom, which also overlooks the pool and the Canal, has a walk-in closet, and a spacious Master Bath with dual sinks and a jetted tub, where one can relax after a day at the famous Siesta Beach, just a short walk away! “The second bathroom has been newly remodeled with updated fixtures and finishes.” The home is sold turnkey furnished, so move right in and begin enjoying resort style living!

Last Agent to Sell the Property

Beverly St Hilaire

MICHAEL SAUNDERS & COMPANY License #3231988 Listed on: 01/07/2019

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Dana Cook Westmark

MICHAEL SAUNDERS & COMPANY License #3032781

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,328

Year Built

  • Built in 1970

Lot Details

  • 0.42 Acre Lot
  • 51 Feet of Waterfront
  • Property fronts a saltwater canal
  • Northeast Facing Home
  • Fenced
  • Mature Landscaping
  • Corner Lot
  • Oversized Lot
  • Level Lot
  • Irregular Lot
  • Irrigation
  • Property is zoned RSF2

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Open Parking

Property Views

  • Canal
  • Pool

Home Design

  • Spanish Architecture
  • Turnkey
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,252 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Shutters
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Inside Utility
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Access to Saltwater Canal
  • Seawall
  • Minimum Wake Zone
  • Boat Lift
  • Covered Patio or Porch
  • Rain Gutters

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Siesta Isles Community
  • Siesta Isles Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,328

Year Built

Built in 1970

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2252
  • Lot Size Acres: 0.42
  • New Construction: No
  • Year Built: 1970
  • Building Area Total: 3196
  • Lot Size Sq Ft: 18100
  • Directions to Property: Beach Rd, east on Beach Way (directly across from public parking lot of Siesta Beach), left on Cape Leyte Dr, quick right on Azure Way, over the bridge, follow road around to left, home is on the left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4423188&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4423188&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-308-7777
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.89474
  • Price per Sq Ft: 377.44
  • Close to Original List Price Ratio: 0.7907
  • Ratio: Current Price\Building Area Total: 265.96
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Window Features: Blinds, Shutters, Window Treatments
  • Street Number Modifier: 5440
  • Room Count: 7
  • Additional Rooms: Family Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northeast
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Fenced, Irrigation System, Rain Gutters, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Pool, Water
  • Water Body Name: Grand Canal Of Siesta Key
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio, Screened
  • Road Surface Type: Paved
  • Water View: Canal
  • Water Access: Canal - Saltwater
  • Water Extras: Lift, Minimum Wake Zone, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0143F
  • Waterfront Frontage: 51
  • Water Frontage Feet Canal Salt: 51
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Oversized
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Optional
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 150
  • Monthly HOA Fee: 12.5
  • Total Monthly Fees: 12.5

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0082100014
  • Additional Parcels: No
  • Lot Features: Corner Lot, FloodZone, Irregular Lot, Level, Oversized Lot
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Pet Restrictions: No restrictions
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 11328
  • Tax Book Number: 14-11
  • Tax Lot: 228

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2019
Closed on
Aug 29, 2019
Sold by
Gaze Nicholas Charles
Bought by
Vig Family Llc
Seller's Agent
Beverly St Hilaire
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Dana Cook Westmark
MICHAEL SAUNDERS & COMPANY
List Price
$1,075,000
Sold Price
$850,000
Premium/Discount to List
-$225,000
-20.93%
Current Estimated Value
$1,437,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$587,448
Avg. Annual Appreciation
9.84%

Purchase Details

Closed on
May 31, 2011
Sold by
Jarczynski Artur and Jarczynski Verena
Bought by
Gaze Nicholas Charles

Purchase Details

Closed on
Nov 1, 2007
Sold by
Morgan George D and Morgan Jane E
Bought by
Jarczynski Artur and Jarczynski Verena

Purchase Details

Closed on
Nov 6, 2003
Sold by
Fadely Gary D and Fadely Yovnne K
Bought by
Morgan George D and Morgan Jane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
6%

Purchase Details

Closed on
Jul 8, 1999
Sold by
Arnold Gary J and Arnold Carol E
Bought by
Fadely Gary D and Fadely Yvonne K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
7.43%

Purchase Details

Closed on
Mar 26, 1998
Sold by
Birdsall Dolores M and Birdsall Henry A
Bought by
Arnold Gary J and Arnold Carol E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.95%
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
Vig Family Llc $850,000 Msc Title Inc
Gaze Nicholas Charles $735,000 Msc Title Inc
Jarczynski Artur $1,000,000 Attorney
Morgan George D $760,000 --
Fadely Gary D $481,700 --
Arnold Gary J $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morgan George D $608,000
Previous Owner Fadely Gary D $285,000
Previous Owner Arnold Gary J $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2019 08/29/19 Sold $850,000 -10.5% $377 / Sq Ft
08/16/2019 08/16/19 Pending -- -- --
08/14/2019 08/14/19 Price Changed $950,000 -4.5% $422 / Sq Ft
07/22/2019 07/22/19 Price Changed $995,000 -3.4% $442 / Sq Ft
06/26/2019 06/26/19 Price Changed $1,030,000 -1.9% $457 / Sq Ft
02/11/2019 02/11/19 Price Changed $1,050,000 -2.3% $466 / Sq Ft
01/07/2019 01/07/19 For Sale $1,075,000 -- $477 / 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 $14,981 $1,111,625 -- --
2023 $14,981 $1,430,700 $1,112,100 $318,600
2022 $13,802 $1,301,600 $1,037,400 $264,200
2021 $11,568 $952,600 $762,400 $190,200
2020 $9,677 $729,500 $595,900 $133,600
2019 $11,506 $882,100 $647,000 $235,100
2018 $11,328 $902,200 $671,500 $230,700
2017 $10,046 $748,869 $0 $0
2016 $10,133 $788,800 $524,600 $264,200
2015 $8,747 $618,900 $391,000 $227,900
2014 $8,473 $543,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4423188

Stellar MLS

APN: 0082-10-0014