NOT LISTED FOR SALE

Phillippi Landings 5531 Cannes Cir Unit 402 Sarasota, FL 34231

The Landings Neighborhood

Estimated Value: $596,000 - $659,000

2 Beds
2 Baths
1,720 Sq Ft
0.46 Acres

Last Sold March 26, 2021

Last sale price $450,000 $262 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,932/month

28 Days on Market

Highlights

  • Water Views
  • Water Access
  • Heated Spa
  • Phillippi Shores Elementary School Rated A
  • Fitness Center
  • Home fronts a creek

About This Home

As of March 2021

A two bedroom and two bath condominium with a dock on Philippi Creek. This unit has great views of the creek and the inter-coastal waterway. The private elevator allows easy access. Large kitchen that leads to spacious living room. Porch has views of southeast to southwest. Parking is covered under the building. The clubhouse and pool area are next door. Unit includes a dock that is identified in the pictures. Agent is related to owner.

Last Agent to Sell the Property

Jay Hogue

W.I.T. REALTY LLC License #3277180 Listed on: 01/17/2021

Last Buyer's Agent

Mackenzie Longueuil

MICHAEL SAUNDERS & COMPANY License #3255391

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,940

Year Built

  • Built in 2006

Lot Details

  • Northwest Facing Home

Parking

  • 1 Car Garage

Home Design

  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,720 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Drapes & Rods
  • Combination Dining and Living Room
  • Breakfast Room
  • Tile Flooring
  • Laundry closet

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Pool

  • Heated Spa
  • In Ground Spa
  • Heated Pool

Outdoor Features

  • Water Access
  • Balcony
  • Enclosed patio or porch

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0084082014

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include community pool, escrow reserves fund, insurance, maintenance exterior, ground maintenance, maintenance repairs, manager, pool maintenance, private road, recreational facilities, security, sewer, trash, water
  • Casey Management / Association
  • Phillippi Shores Community
  • Phillippi Landings Subdivision
  • Association Approval Required

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Recreation Facilities
  • Community Spa

Pet Policy

  • Pets up to 50 lbs
  • Limit on the number of pets
  • Pet Size Limit

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,940

Year Built

Built in 2006

Lot Details

0

Parking

1

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Insurance, Maintenance Exterior, Maintenance Grounds, Maintenance Repairs, Manager, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Water Extras: Assigned Boat Slip, Dock - Composite, No Wake Zone, Seawall - Concrete
  • Water View: Yes
  • Construction Materials: Stucco
  • Living Area: 1720.00
  • Lot Size Acres: 0.46
  • Year Built: 2006
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4487521?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4487521?w=Customer
  • Lot Size Sq Ft: 20070
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4487521?w=PubMLS
  • Directions to Property: Go to US 41 and from Stickney Road go north. Look for Phillippi Creek. Building is directly north of Creek.
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046959
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 7
  • Living Area Units: Square Feet
  • Additional Rooms: Breakfast Room Separate
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator, High Ceiling(s), Living Room/Dining Room Combo, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Microwave, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Floor Number: 4
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: Drapes
  • Living Area Meters: 159.79
  • Street Number Modifier: 5531

Exterior Features

  • Direction Faces: Northwest
  • Water Extras: Yes
  • Waterfront Feet Brackish Water: 1000
  • Waterfront Feet Brackish Water Canal: 1000
  • Waterfront Feet Creek: 1000
  • Water Access: Brackish Water, Creek
  • Pool Features: Heated
  • Exterior Features: Balcony
  • Water View: Creek
  • Flood Zone Code: AE
  • Water Access: Yes
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed, Rear Porch, Screened
  • Road Surface Type: Concrete

Garage/Parking

  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Public, Sewer Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Phillippi Shores
  • Community Features: Buyer Approval Required, Gated Community, Water Access, Waterfront
  • Pet Restrictions: One dog and one cat allowed not more than 50 pounds each.
  • Building Name Number: 5531
  • Condo Fees: 2000
  • Condo Fees Term: Quarterly
  • Max Pet Weight: 50
  • Monthly Condo Fee Amount: 667
  • Pet Size: Small (16-35 Lbs.)
  • Association Amenities: Clubhouse, Fitness Center, Pool, Recreation Facilities, Security, Spa/Hot Tub, Storage
  • Association Approval Required: Yes
  • Association Fee Frequency: Quarterly
  • Association Fee Requirement: Required
  • Association Name: Casey Management /
  • Phone: Scott Curnott
  • Association: Yes
  • Security: Fire Alarm, Fire Sprinkler System, Gated Community, Smoke Detector(s)
  • Association Website: https://www.caseymanagement.com/

Fee Information

  • Waterfront Frontage: 3000
  • Total Annual Fees: 8000.00
  • Total Monthly Fees: 666.67

Lot Info

  • Zoning: RMF4
  • Parcel Number: 0084082014
  • Lot Features: In County
  • Lot Size Square Meters: 1865

Rental Info

  • Minimum Lease: 1-2 Years
  • Additional Lease Restrictions: Please check with Casey Management for any questions about leasing options for this unit.
  • Lease Restrictions: Yes
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Years of Owner Prior to Leasing: Yes

Multi Family

  • Approval Process: Check with Casey Management for any questions about approval to live in unit.
  • Waterfront Features: Brackish Water, Canal - Brackish, Creek

Tax Info

  • Tax Annual Amount: 3939.71
  • Tax Lot: 9999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2021
Closed on
Mar 26, 2021
Sold by
Dwh Phillippi Llc
Bought by
Kopman Marvin and Kopman Sherry Ann
Seller's Agent
Jay Hogue
W.I.T. REALTY LLC
Buyer's Agent
Mackenzie Longueuil
MICHAEL SAUNDERS & COMPANY
List Price
$469,000
Sold Price
$450,000
Premium/Discount to List
-$19,000
-4.05%
Current Estimated Value
$631,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,724
Avg. Annual Appreciation
9.99%
Original Mortgage
$215,000
Outstanding Balance
$197,310
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$484,377

Purchase Details

Closed on
Feb 29, 2008
Sold by
Hogue Douglas Wayne
Bought by
Dwh Phillippi Llc

Purchase Details

Closed on
May 31, 2006
Sold by
Pl Development B Inc
Bought by
Hogue Douglas Wayne
Source: Public Records

Range of Values:

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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
Kopman Marvin $450,000 Msc Title Inc
Dwh Phillippi Llc -- Attorney
Hogue Douglas Wayne $778,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kopman Marvin $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $450,000 -4.1% $262 / Sq Ft
02/14/2021 02/14/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $469,000 0.0% $273 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
01/17/2021 01/17/21 Price Changed $469,000 +2.2% $273 / Sq Ft
01/17/2021 01/17/21 For Sale $459,000 -- $267 / 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 $5,317 $462,128 -- --
2023 $5,317 $448,668 $0 $0
2022 $5,161 $435,600 $0 $435,600
2021 $4,150 $303,100 $0 $303,100
2020 $4,055 $290,100 $0 $290,100
2019 $3,940 $284,400 $0 $284,400
2018 $4,820 $356,300 $0 $356,300
2017 $4,638 $335,700 $0 $335,700
2016 $4,503 $317,600 $0 $317,600
2015 $4,243 $289,700 $0 $289,700
2014 $3,945 $246,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jay Hogue

    W.I.T. REALTY LLC

    (941) 243-1900

    1 in this area

    24 Total Sales

    Section Image
  • Mackenzie Longueuil

    Buyer's Agent in 2021

    Mackenzie Longueuil

    Michael Saunders

    (941) 961-4023

    14 in this area

    71 Total Sales

    Section Image
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About Phillippi Landings

Map

Source: Stellar MLS

MLS Number: A4487521

Stellar MLS

APN: 0084-08-2014

Florida Sarasota County Sarasota 34231 The Landings

5531 Cannes Cir Unit 402, Sarasota, FL

This home is located at 5531 Cannes Cir Unit 402, Sarasota, FL 34231 since 17 January 2021 and is currently estimated at $631,724, approximately $367 per square foot. This property was built in 2006. 5531 Cannes Cir Unit 402 is a home located in Sarasota County with nearby schools including Phillippi Shores Elementary School, Riverview High School, and Brookside Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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