NOT LISTED FOR SALE

Estimated Value: $1,013,000 - $1,106,000

3 Beds
4 Baths
2,640 Sq Ft
$402/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $725,000 $275 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $6,556/month

19 Days on Market

Highlights

  • Water Views
  • Parking available for a boat
  • Deck
  • Riverview High School Rated A
  • Screened Pool
  • Key West Architecture

About This Home

As of March 2021

Swaying coconut palms welcome you home to this two-story, waterfront, Key West in beautiful Sarasota, located at the end of a quiet street surrounded by newer or recently renovated homes. The private setting will impress you with its 247 feet of water frontage on almost a half-acre lot. From the party deck to the boat dock, this home does not disappoint. There is an impressive list of features, hard to find at this price point. The home has a cozy feel with a wood-burning fireplace and a wet bar in the family room, a breakfast bar in the kitchen and vaulted wood beam ceilings in the master bedroom. There's plenty of room for entertaining on the outside deck overlooking Coquina Pass and the fully screened patio and heated pool. An oversized screened deck off the master bedroom also offers pool access. Additionally, there is a formal dining room, an oversized two-car garage, a circular drive and a separate laundry room. It s a short boat ride from the private dock, with a 10,000 lb boat lift, to Sarasota Bay where you'll find great fishing, waterfront restaurants and private little coves and beaches that are only accessible by water. A 10-minute car ride takes you to world-famous Siesta Key with its powder white sands and a village full of little pubs and restaurants. You'll also be close to easy shopping and great schools. This home is in need of some updating but it has been lovingly maintained by its current owners for over 27 years.

Last Agent to Sell the Property

Maureen Morris

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0376476 Listed on: 12/21/2020

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Tiffany Hamilton

RE/MAX ALLIANCE GROUP License #3335739

RE/MAX ALLIANCE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,867

Year Built

  • Built in 1970

Lot Details

  • 0.48 Acre Lot
  • Property fronts a canal with brackish water
  • Cul-De-Sac
  • Street terminates at a dead end
  • East Facing Home
  • Oversized Lot
  • Landscaped with Trees
  • Property is zoned RSF2

Parking

  • 2 Car Attached Garage
  • Ground Level Parking
  • Garage Door Opener
  • Circular Driveway
  • On-Street Parking
  • Parking available for a boat

Property Views

  • Water
  • Pool

Home Design

  • Key West Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 2,640 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room
  • Den
  • Utility Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Screened Pool
  • In Ground Pool
  • Gunite Pool
  • Above Ground Spa
  • Fence Around Pool
  • Pool Deck
  • Auto Pool Cleaner

Outdoor Features

  • Balcony
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Phillippi Gardens Community
  • Phillippi Gardens 08 Subdivision

Listing and Financial Details

  • Tax Lot 161
  • Assessor Parcel Number 0086060020

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,867

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Key West
  • Water Extras: Bridges - Fixed, Dock - Wood, Dock w/Electric, Dock w/Water Supply, Lift, Riprap
  • Water View: Yes
  • Construction Materials: Block, Wood Frame
  • Fireplace: Yes
  • Living Area: 2640.00
  • Homestead: Yes
  • Lot Size Acres: 0.48
  • Year Built: 1970
  • Building Area Total: 3640.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4486707?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4486707?w=Customer
  • Lot Size Sq Ft: 20700
  • Building Search Sq Meters: 338.17
  • Directions to Property: From US 41, head east on Constitution Blvd. Take the third left at Merrimac Drive. Home is on the left at the end of the cul-de-sac.
  • Escrow State: FL
  • List Office Head Office Key Nume: 1037329
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 8
  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Additional Rooms: Den/Library/Office, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 4
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Wet Bar, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Features: Above Ground
  • Spa Yn: Yes
  • Stories: 2
  • Living Area Meters: 245.26
  • Street Number Modifier: 5520

Exterior Features

  • Direction Faces: East
  • Additional Water Information: 9-10 foot bridge clearance
  • Water Extras: Yes
  • Waterfront Feet Brackish Water Canal: 247
  • Water Access: Canal - Saltwater
  • Pool Features: Auto Cleaner, Deck, Gunite, In Ground, Screen Enclosure
  • Exterior Features: Balcony, Lighting, Rain Gutters
  • Roof: Metal
  • Water View: Canal
  • Flood Zone Code: AE
  • Water Access: Yes
  • Pool Private: Yes
  • View: Pool, Water
  • Water Body Name: COQUINA PASS / PHILLIPPI CREEK
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Screened
  • Road Surface Type: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Boat, Circular Driveway, Garage Door Opener, Ground Level, On Street

Utilities

  • Utilities: Cable Available, Electricity Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Phillippi Gardens
  • S W Subdiv Condo Num: 1625

Fee Information

  • Waterfront Frontage: 247

Schools

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

Lot Info

  • Zoning Compatible: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Zoning: RSF2
  • Parcel Number: 0086060020
  • Lot Features: Cul-De-Sac, Flood Insurance Required, FloodZone, In County, Oversized Lot, Street Dead-End, Street Paved
  • Lot Size Square Meters: 1923

Rental Info

  • Minimum Lease: No Minimum
  • Additional Lease Restrictions: Per county regulations. Verify with County for minimum rental
  • Furnished: Unfurnished
  • Lease Restrictions: Yes
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 3867.00
  • Tax Book Number: 16-36
  • Tax Lot: 161

Multi Family

  • Waterfront Features: Canal - Brackish

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2020
Closed on
Mar 11, 2021
Sold by
Kretlow Frederick P and Kretlow Linda E
Bought by
Hamilton Christopher Mark and Hamilton Tiffany Ann
Seller's Agent
Maureen Morris
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Tiffany Hamilton
RE/MAX ALLIANCE GROUP
List Price
$829,000
Sold Price
$725,000
Premium/Discount to List
-$104,000
-12.55%
Current Estimated Value
$1,060,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,139
Avg. Annual Appreciation
8.87%
Original Mortgage
$580,000
Outstanding Balance
$521,109
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$539,030
Source: Public Records

Range of Values:

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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
Hamilton Christopher Mark $725,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamilton Trust $355,389
Closed Hamilton Trust $150,000
Closed Hamilton Tiffany Ann $200,000
Open Hamilton Christopher Mark $580,000
Previous Owner Kretlow Linda E --
Previous Owner Kretlow Frederick $250,000
Previous Owner Kretlow Frederick P $151,100
Previous Owner Kretlow Frederick P $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Sold $725,000 -12.5% $275 / Sq Ft
01/09/2021 01/09/21 Pending -- -- --
12/21/2020 12/21/20 For Sale $829,000 -- $314 / 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 $9,886 $824,491 -- --
2023 $9,886 $800,477 $0 $0
2022 $9,680 $777,361 $0 $0
2021 $4,023 $298,806 $0 $0
2020 $4,028 $294,680 $0 $0
2019 $3,900 $288,055 $0 $0
2018 $3,653 $282,684 $0 $0
2017 $3,630 $276,870 $0 $0
2016 $3,638 $614,300 $388,800 $225,500
2015 $3,706 $676,900 $403,700 $273,200
2014 $3,703 $250,162 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4486707

Stellar MLS

APN: 0086-06-0020