NOT LISTED FOR SALE

5532 Cape Aqua Dr Unit 3 Sarasota, FL 34242

Estimated Value: $2,433,000 - $2,816,000

2 Beds
1 Bath
1,389 Sq Ft
$1,924/Sq Ft Est. Value

Last Sold April 29, 2014

Last sale price $450,000 $324 Per Sq Ft

Est. 494% increase in value since last sale

Current estimated payment $16,634/month

108 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Circular Driveway
  • Phillippi Shores Elementary School Rated A
  • Covered Patio or Porch
  • Oversized Lot

About This Home

As of April 2014

The Beach Life! This large home site, almost 16,000 sq ft, is located just 500 yards from the public beach. Some days you can hear the waves of World Famous Siesta Key Public Beach. This cute little bungalow could be renovated, but it's best use would be as your next brand new home. With it's large buildable foot print, and other brand new homes actively under construction nearby...it's primed for an architectural masterpiece. Location offers many ways to access the beach including deeded path for a short 500 yard walk to the beach, a bike ride away from all the fun at the Siesta Key Village, and short drives to marinas where you can keep or rent watercraft. The inventory for lots this size is very, very low. Call today to take advantage of this opportunity.

Last Agent to Sell the Property

Corbett Donovan

PREFERRED SHORE LLC License #0659057 Listed on: 10/04/2013

PREFERRED SHORE LLC

Last Buyer's Agent

Corbett Donovan

PREFERRED SHORE LLC License #0659057 Listed on: 10/04/2013

PREFERRED SHORE LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,963

Year Built

  • Built in 1963

Lot Details

  • 0.36 Acre Lot
  • West Facing Home
  • Oversized Lot
  • Property is zoned RSF2

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Circular Driveway

Home Design

  • Ranch Style House
  • Florida Architecture
  • Fixer Upper
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,389 Sq Ft Home
  • Crown Molding
  • Blinds

Kitchen

  • Range
  • Dishwasher

Flooring

  • Concrete
  • Terrazzo
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Community Details

  • Optional Additional Fees
  • Siesta Isles Community
  • Siesta Isles Unit 3 Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,963

Year Built

Built in 1963

Lot Details

0

HOA Fees

$8 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida, Ranch
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1389
  • Lot Size Acres: 0.36
  • New Construction: No
  • Year Built: 1963
  • Building Area Total: 1996
  • Lot Size Sq Ft: 15894
  • Directions to Property: Beach Way from Beach Rd across from the entrance to Siesta Key Public Beach. Left on Cape Leyte to 2nd left on Cape Aqua, property marked by sign on right.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3985480&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3985480&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
  • Subdivision Num: 1496
  • Ratio: Close Price\List Price: 0.97847
  • Price per Sq Ft: 323.97
  • Close to Original List Price Ratio: 0.87379
  • Ratio: Current Price\Building Area Total: 225.45
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Concrete, Terrazzo
  • Full Bathrooms: 1
  • Interior Amenities: Crown Molding, Window Treatments
  • Appliances Included: Dishwasher, Electric Water Heater, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 5532
  • Room Count: 7
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Circular Driveway
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Amenities: Optional Additional Fees
  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Association: No
  • Senior Community: No
  • Association Fee Requirement: Optional

Fee Information

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0082150040
  • Additional Parcels: No
  • Lot Features: In County, Oversized Lot
  • Millage Rate: 13.4
  • Flood Zone Code: AE
  • Future Land Use: 0100
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Expected Lease Date: 2014-04-29T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 4963
  • Tax Book Number: 0011/0025
  • Tax Lot: 47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2022
Sold by
Knox Robert M and Knox Lisa D
Bought by
Rmk Trust and Knox
Current Estimated Value
$2,671,930

Purchase Details

Closed on
Apr 29, 2022
Sold by
Cape Aqua Llc
Bought by
Knox Robert M and Knox Lisa D

Purchase Details

Closed on
Mar 10, 2016
Sold by
Dockside Homes Llc
Bought by
Cape Aqua Llc

Purchase Details

Listed on
Oct 4, 2013
Closed on
Apr 29, 2014
Sold by
Berliner Lucia M
Bought by
Dockside Homes Llc
Seller's Agent
Corbett Donovan
PREFERRED SHORE LLC
Buyer's Agent
Corbett Donovan
PREFERRED SHORE LLC
List Price
$515,000
Sold Price
$450,000
Premium/Discount to List
-$65,000
-12.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.74%

Purchase Details

Closed on
Jul 28, 2011
Sold by
Whitley Marvin and Capes Richard E
Bought by
Berliner Lucia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,634
Interest Rate
4.25%
Mortgage Type
FHA
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
Rmk Trust $100 None Listed On Document
Knox Robert M -- Villavecea Juan C
Cape Aqua Llc $1,500,000 Attorney
Dockside Homes Llc $450,000 Attorney
Berliner Lucia M $330,000 Msc Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berliner Lucia M $321,634
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2014 04/29/14 Sold $450,000 -2.2% $324 / Sq Ft
01/21/2014 01/21/14 Pending -- -- --
01/09/2014 01/09/14 Price Changed $459,900 -8.0% $331 / Sq Ft
11/21/2013 11/21/13 Price Changed $499,900 -2.9% $360 / Sq Ft
10/04/2013 10/04/13 For Sale $515,000 -- $371 / 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 $31,353 $2,395,200 $837,900 $1,557,300
2023 $31,353 $2,639,300 $887,500 $1,751,800
2022 $22,922 $2,229,600 $893,400 $1,336,200
2021 $17,357 $1,370,300 $421,400 $948,900
2020 $16,652 $1,289,800 $387,700 $902,100
2019 $15,030 $1,161,300 $327,400 $833,900
2018 $15,265 $1,179,500 $355,900 $823,600
2017 $15,994 $1,216,500 $353,200 $863,300
2016 $16,443 $1,225,400 $359,300 $866,100
2015 $4,985 $357,000 $357,000 $0
2014 $4,965 $369,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Corbett Donovan

    Seller's Agent in 2014

    Corbett Donovan

    PREFERRED SHORE LLC

    (941) 232-5672

    11 Total Sales

    Corbett Donovan
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Map

Source: Stellar MLS

MLS Number: A3985480

Stellar MLS

APN: 0082-15-0040

Florida Sarasota County Sarasota 34242

5532 Cape Aqua Dr Unit 3, Sarasota, FL

This home is located at 5532 Cape Aqua Dr Unit 3, Sarasota, FL 34242 since 04 October 2013 and is currently estimated at $2,671,930, approximately $1,923 per square foot. This property was built in 1963. 5532 Cape Aqua Dr Unit 3 is a home located in Sarasota County with nearby schools including Phillippi Shores Elementary School, Brookside Middle School, and Sarasota High 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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