NOT LISTED FOR SALE

Estimated Value: $2,005,000 - $2,763,000

3 Beds
3 Baths
1,799 Sq Ft
$1,356/Sq Ft Est. Value

Last Sold April 15, 2024

Last sale price $2,750,000 $1,529 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $15,243/month

14 Days on Market

Highlights

  • White Water Ocean Views
  • Water access To Gulf or Ocean To Bay
  • Boat Lift
  • Southside Elementary School Rated A
  • Deeded Boat Dock
  • 2-minute walk to Circle Park

About This Home

As of April 2024

Welcome to 556 North Washington Drive, a captivating waterfront oasis nestled between the pristine sands of Lido Key and the enchanting allure of St. Armands Circle. This prime location offers a unique blend of serene waterfront living and convenient access to top-tier shopping and dining options. This meticulously updated residence boasts three bedrooms and three bathrooms, ensuring ample space for family, guests, or a home office. The property features a new dock and seawall, complemented by impact-resistant windows that enhance both safety and energy efficiency. The heart of the home is adorned with an updated kitchen and baths, marrying modern amenities with timeless charm.

The two-car garage includes a loft, providing additional space for storage or potential expansion. The home's split living plan includes a separate entrance, offering flexibility for diverse living arrangements.

Outdoor living is redefined here, with a private dock where you can enjoy watching manatees play, throw a line and catch dinner, or watch breathtaking sunsets. The property's location on a wide boating canal opens up endless possibilities for water activities right from your backyard. Whether it's fishing, kayaking through the tranquil lagoon, or cruising to the open bay, this home invites you to embrace the waterfront lifestyle.

The tropical courtyard pool area offers privacy for swimming or alfresco dining. Just steps away from the vibrant scene of St. Armands, with easy access to downtown and Longboat Key, for easy access to theater, 5-star dining, and all of the cultural activities Sarasota has to offer. Available furnished and move in finished, a beachside alternative to condo living, this residence is more than just a home—it's an exquisite retreat in a coveted locale.

Last Agent to Sell the Property

Ann Martin

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-388-4447 License #0188503 Listed on: 02/29/2024

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Joanna Benante

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-388-4447 License #3194005

Last Buyer's Agent

Ann Martin

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-388-4447 License #0188503 Listed on: 02/29/2024

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,709

Year Built

  • Built in 1950

Lot Details

  • 8,000 Sq Ft Lot
  • Lot Dimensions are 50 x160
  • Property Fronts a Bay or Harbor
  • Northeast Facing Home
  • Fenced
  • Mature Landscaping
  • Property is zoned RSF2

Parking

  • 2 Car Garage
  • Oversized Parking
  • Workshop in Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 1,799 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Shades
  • Sliding Doors
  • Family Room Off Kitchen
  • Loft
  • Bonus Room
  • Sun or Florida Room
  • Inside Utility
  • White Water Ocean Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Gunite Pool
  • Vinyl Pool

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Property fronts gulf or ocean with access to the bay
  • Access To Intracoastal Waterway
  • Fishing Pier
  • Seawall
  • Boat Lift
  • Deeded Boat Dock
  • Dock made with Composite Material
  • Balcony
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Outdoor Storage

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Saint Armands Division John Ringling Estates Community
  • Saint Armands Division John Ringling Ests Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,709

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1799
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 1950
  • Building Area Total: 2039
  • Lot Size Sq Ft: 8000
  • Directions to Property: From John Ringling Causeway, follow John Ringling Blvd to N. Washington. Home is on the left.
  • Status: Sold
  • Street Direction: N
  • Co List Office Mls Id: MFR281502392
  • Co List Office Phone: 941-388-4447
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 1528.63
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • Planned Unit Development Yn: 0
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Composite,Dock - Slip Deeded On-Site
  • MFR_DockYN: 1
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • Attribution Contact: 941-388-4447
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Window Features: Shades
  • Street Number Modifier: 556
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Florida Room,Inside Utility,Loft
  • Living Area Meters: 167.13
  • Room Count: 9

Exterior Features

  • Direction Faces: Northeast
  • Other Structures: Storage, Workshop
  • Pool Features: Gunite, In Ground, Other, Vinyl
  • Exterior Features: Balcony, Sliding Doors, Storage
  • Roof: Other
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: Asphalt
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Access: Bay/Harbor,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water Extras: Fishing Pier,Lift,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Guest, Oversized, Workshop in Garage

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: None

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RSF2
  • Parcel Number: 2014120002
  • Additional Parcels: No
  • Fencing: Fenced
  • Lot Features: City Limits, Near Public Transit, Sidewalk
  • Lot Dimensions: 50 x160
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 743
  • Zoning Compatible YN: 1
  • Future Land Use: 0100

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Per city

Tax Info

  • Tax Annual Amount: 23709
  • Tax Block: 9
  • Tax Book Number: 0002/0030
  • Tax Lot: 2

Multi Family

  • Waterfront Features: Bay/Harbor, Gulf/Ocean to Bay
  • Approval Process: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2024
Sold by
Davis Susan Frost and Davis James E
Bought by
James E Davis And Susan F Davis 1998 Revocabl and Davis
Current Estimated Value
$2,439,514

Purchase Details

Listed on
Feb 29, 2024
Closed on
Apr 15, 2024
Sold by
Coralea N Wennberg Trust and Wennberg Coralea Nan
Bought by
Davis Susan Frost
Seller's Agent
Ann Martin
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Ann Martin
MICHAEL SAUNDERS & COMPANY
List Price
$3,000,000
Sold Price
$2,750,000
Premium/Discount to List
-$250,000
-8.33%
Views
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.49%

Purchase Details

Closed on
Mar 10, 2023
Sold by
Wennberg John Egmont and Wennberg Coralea Nan
Bought by
Coralea N Wennberg Trust

Purchase Details

Closed on
May 1, 2020
Sold by
Condon James T and Condon Mary Patrice
Bought by
Wennberg John Egmont and Wennberg Coralea Nan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,008,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2015
Sold by
Liasovsky Ivan and Liasovsky Renata
Bought by
Condon James T and Condon Mary Patrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2001
Sold by
Stelcher William N and Stelcher Carol S
Bought by
Liasovsky Ivan and Liasovsky Renata

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
7.16%
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
James E Davis And Susan F Davis 1998 Revocabl $100 None Listed On Document
Davis Susan Frost $2,750,000 None Listed On Document
Coralea N Wennberg Trust $100 --
Wennberg John Egmont $1,260,000 Attorney
Condon James T $948,000 Msc Title Inc
Liasovsky Ivan $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wennberg John Egmont $1,008,000
Previous Owner Condon James T $417,000
Previous Owner Condon James T $314,400
Previous Owner Stelcher William N $543,000
Previous Owner Liasovsky Ivan $525,000
Previous Owner Stelcher William N $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2024 04/15/24 Sold $2,750,000 -1.8% $1,529 / Sq Ft
03/15/2024 03/15/24 Pending -- -- --
03/11/2024 03/11/24 Price Changed $2,800,000 -6.7% $1,556 / Sq Ft
02/29/2024 02/29/24 For Sale $3,000,000 -- $1,668 / 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 $23,709 $1,545,545 -- --
2023 $23,709 $1,832,800 $1,444,900 $387,900
2022 $21,716 $1,658,800 $1,313,500 $345,300
2021 $17,910 $1,141,100 $921,200 $219,900
2020 $16,067 $995,300 $774,100 $221,200
2019 $14,869 $922,300 $675,300 $247,000
2018 $15,499 $957,900 $715,900 $242,000
2017 $14,958 $915,000 $691,800 $223,200
2016 $14,829 $890,000 $685,000 $205,000
2015 $13,063 $764,800 $589,400 $175,400
2014 $12,545 $666,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4601594

Stellar MLS

APN: 2014-12-0002