NOT LISTED FOR SALE

Phillippi Landings 5531 Cannes Cir Unit 404 Sarasota, FL 34231

The Landings Neighborhood

Estimated Value: $592,000 - $673,000

2 Beds
2 Baths
1,706 Sq Ft
$667/mo HOA Fee

Last Sold May 17, 2019

Last sale price $395,000 $232 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,353/month

178 Days on Market

Highlights

  • Boat Ramp
  • Property fronts an intracoastal waterway
  • Fitness Center
  • Phillippi Shores Elementary School Rated A
  • Access To Creek
  • Heated In Ground Pool

About This Home

As of May 2019

BEST WATER VIEW CONDO IN THE COMMUNITY! Enjoy Florida WATERFRONT Luxury in this BOATING Gated community minutes from Siesta Key. This beautiful condo features 2 Beds 2 Baths + DEN. Floor-to-ceiling WATER VIEWS of Sarasota’s waterways of Phillippi Creek. UPGRADED Kitchen offers GRANITE Counter tops with accent COPPER Back-splash, NEW Bosch Oven & Dishwasher, NEW Refrigerator, NEW built-in Pantry & breakfast bar. HARDWOOD flooring & ceramic tile in living areas. HURRICANE IMPACT windows & sliding doors open to 200 sqft of private OUTDOOR SCREENED Balcony perfect spot to relax entertain friends & family. DEN offers functionality flexibility with built-in bookcase that includes 2 MURPHY BEDS can be used as OFFICE or 3rd Bedroom for guests. Master Suite has 2 Walk-in Closets and Private Access to lanai. The UPDATED master bathroom offers two separate sinks, large tub and separate shower. NEW Washer & Dryer conveniently located in the unit. Phillippi Landings is a "West of the Trail" Gated Community with BOATING ACCESS to the bay, surrounded by 10 acres of tropical foliage. Pet Friendly community with Dog Park, Resort-style Amenities: Clubhouse, Heated Pool & Spa, Fitness Center, Kayak Racks, Boat Ramp, Maintenance Free and Under Building Parking. For your boating pleasures BOAT DOCKS on site can be purchased/leased or store your boat at the marina next door. Short drive to BEACHES, St Armand's Circle & DOWNTOWN SARASOTA completes your Florida Waterfront Lifestyle! One or more photos have been digitally edited

Last Agent to Sell the Property

Norma Mladineo

COLDWELL BANKER REALTY License #3325275 Listed on: 10/16/2018

COLDWELL BANKER REALTY

Last Buyer's Agent

Peg Davant

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3137011

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,425

Year Built

  • Built in 2006

Lot Details

  • Property fronts a private road
  • Southeast Facing Home
  • Dog Run
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $667 Monthly HOA Fees

Property Views

  • Woods
  • Creek or Stream

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,706 Sq Ft Home
  • Built-In Features
  • Crown Molding
  • Coffered Ceiling
  • Ceiling Fan
  • Blinds
  • Family Room Off Kitchen
  • Den
  • Inside Utility
  • Home Security System

Kitchen

  • Convection Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Open Parking

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Gunite Pool
  • Outdoor Shower

Outdoor Features

  • Access To Creek
  • Access to Saltwater Canal
  • Balcony
  • Enclosed patio or porch
  • Outdoor Storage
  • Outdoor Grill

Schools

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

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, manager, pool maintenance, private road, recreational facilities, security, sewer, trash, water
  • Mid-Rise Condominium
  • Phillippi Landings Community
  • Phillippi Landings Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 8-Story Property

Amenities

  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

  • Boat Ramp
  • Community Boat Slip
  • Recreation Facilities
  • Community Spa
  • Park

Pet Policy

  • Pets Allowed
  • 2 Pets Allowed

Security

  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,425

Year Built

Built in 2006

Lot Details

0

HOA Fees

$667 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1706
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 1910
  • Directions to Property: US 41 South of Bee Ridge, across from Phillippi Creek Oyster Bar, north of Clark Road. Enter gates and 5531 building is Second on your left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4416085&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4416085&cview=true&show_results=true&customer_portal=true
  • Floor Number: 4
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Property Description: Mid Rise
  • Ratio: Close Price\List Price: 0.96365
  • Price per Sq Ft: 231.54
  • Close to Original List Price Ratio: 0.87778
  • Ratio: Current Price\Building Area Total: 206.81
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Built in Features, Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, Kitchen/Family Room Combo
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: In Ground
  • Stories: 8
  • Window Features: Blinds
  • Street Number Modifier: 5531
  • Room Count: 5
  • Additional Rooms: Den/Library/Office, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southeast
  • Other Structures: Kennel/Dog Run, Storage
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Balcony, Dog Run, Outdoor Grill, Outdoor Shower, Sidewalk, Storage
  • Roof: Tile
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Trees/Woods, Water
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed, Screened
  • Water View: Creek, Intracoastal Waterway
  • Water Access: Canal - Saltwater, Creek
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0143F
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Guest, Open, Under Building
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Community Boat Ramp, Deed Restrictions, Fitness, Gated Community, Pool, Sidewalk, Water Access, Waterfront
  • Association Amenities: Boat Slip, Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Park, Pool, Recreation Facilities, Spa/Hot Tub, Storage
  • Association: Yes
  • Security: Gated Community, Key Card Entry, Security System, Smoke Detector(s)
  • Condo Fees: 2000
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 667
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 8000
  • Total Monthly Fees: 666.67

Schools

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

Lot Info

  • Zoning: RMF4
  • Parcel Number: 0084082016
  • Additional Parcels: No
  • Lot Features: Sidewalk
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Max Pet Weight: 999
  • Minimum Lease: 3 Months
  • Approval Process: Contact Casey Management 941-922-3391
  • Num Timesper Year: 2
  • Pet Restrictions: 2 pets allowed. No weight restrictions. Tenants no pets. Contact Casey Management 941-922-3391
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Boat docks available for sale. Contact Casey Management 941-922-3391

Tax Info

  • Tax Annual Amount: 4425
  • Tax Lot: 5531

Multi Family

  • Waterfront Features: Canal - Saltwater, Creek, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2024
Sold by
Danner Betsie M
Bought by
Brennan Danner Revocable Trust and Danner
Current Estimated Value
$635,970

Purchase Details

Listed on
Oct 16, 2018
Closed on
May 17, 2019
Sold by
Butturini Daniel M and Malinowski Carol Ann
Bought by
Danner Betsie M and Brennan Vincent H
Seller's Agent
Norma Mladineo
COLDWELL BANKER REALTY
Buyer's Agent
Peg Davant
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$450,000
Sold Price
$395,000
Premium/Discount to List
-$55,000
-12.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.27%

Purchase Details

Closed on
Jan 14, 2016
Sold by
Milam Michael and Milam Cathy
Bought by
Butturini Daniel M and Malinowski Carol Ann

Purchase Details

Closed on
Jul 2, 2009
Sold by
Joseph Raumi
Bought by
Milam Michael and Milam Cathy

Purchase Details

Closed on
Jun 30, 2006
Sold by
Pl Development B Inc
Bought by
Joseph Raumi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
10.5%
Mortgage Type
New Conventional
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
Brennan Danner Revocable Trust $100 None Listed On Document
Danner Betsie M $395,000 Attorney
Butturini Daniel M $365,000 Attorney
Milam Michael $275,000 Attorney
Joseph Raumi $550,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Joseph Raumi $100,000
Previous Owner Joseph Raumi $570,000
Previous Owner Joseph Raumi $440,000
Previous Owner Joseph Raumi $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2019 05/17/19 Sold $395,000 -3.6% $232 / Sq Ft
04/11/2019 04/11/19 Pending -- -- --
03/18/2019 03/18/19 Price Changed $409,900 -2.4% $240 / Sq Ft
02/12/2019 02/12/19 Price Changed $419,900 -3.5% $246 / Sq Ft
12/22/2018 12/22/18 Price Changed $435,000 -3.3% $255 / Sq Ft
10/15/2018 10/15/18 For Sale $450,000 -- $264 / 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 $2,447 $206,107 -- --
2023 $2,447 $200,104 $0 $0
2022 $2,343 $194,276 $0 $0
2021 $2,322 $188,617 $0 $0
2020 $2,316 $186,013 $0 $0
2019 $3,961 $285,400 $0 $285,400
2018 $4,426 $324,000 $0 $324,000
2017 $4,473 $322,000 $0 $322,000
2016 $4,518 $317,700 $0 $317,700
2015 $4,257 $289,800 $0 $289,800
2014 $3,960 $246,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Norma Mladineo

    Seller's Agent in 2019

    Norma Mladineo

    COLDWELL BANKER REALTY

    (941) 363-1588

    55 Total Sales

    Section Image
  • Peg Davant

    Buyer's Agent in 2019

    Peg Davant

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 356-4552

    1 in this area

    36 Total Sales

    Section Image
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About Phillippi Landings

Map

Source: Stellar MLS

MLS Number: A4416085

Stellar MLS

APN: 0084-08-2016

Florida Sarasota County Sarasota 34231 The Landings

5531 Cannes Cir Unit 404, Sarasota, FL

This home is located at 5531 Cannes Cir Unit 404, Sarasota, FL 34231 since 16 October 2018 and is currently estimated at $643,365, approximately $377 per square foot. This property was built in 2006. 5531 Cannes Cir Unit 404 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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