NOT LISTED FOR SALE

Phillippi Landings 5591 Cannes Cir Unit 405 Sarasota, FL 34231

The Landings Neighborhood

Estimated Value: $519,412 - $605,000

2 Beds
2 Baths
1,720 Sq Ft
2006 Built

Last Sold March 15, 2021

Last sale price $365,000 $212 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,441/month

118 Days on Market

Highlights

  • Water Access
  • Fitness Center
  • Home fronts a creek
  • Phillippi Shores Elementary School Rated A
  • Oak Trees
  • Gated Community

About This Home

As of March 2021

Cross the private bridge into your gated 10-acres of waterfront paradise. This 2 bedroom plus den, 2 bathroom condo is tucked back in the community and offers relaxing and private views from the 13 x9 screened lanai among the impressive oak trees, with views of the resort-style pool. Clean, fresh, and ready for immediate enjoyment, tile floors grace the main living areas, and the kitchen features 42 cabinets and stainless appliances. Additional features include California Closets in both bedrooms, impact windows and doors, a home warranty through HomeTech, and a 9 x5 storage room behind the under-building parking space. Phillippi Landings boasts resort-style living and lushly landscaped grounds. The community is perfect for those who desire an active or relaxed lifestyle, with a grand heated pool, spa, clubhouse with catering kitchen, fitness center, dog park and a kayak storage rack with ramp into the Waterway. Only minutes from Siesta Key & Downtown, this exceptional retreat is ideal for those who value a waterfront lifestyle, West of the Trail convenience, and maintenance free living. Boat Docks are available for purchase.

Last Agent to Sell the Property

Mackenzie Longueuil

MICHAEL SAUNDERS & COMPANY License #3255391 Listed on: 09/29/2020

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Ana Schmelz

FINE PROPERTIES License #3209266

FINE PROPERTIES

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,743

Year Built

  • Built in 2006

Lot Details

  • North Facing Home
  • Dog Run
  • Mature Landscaping
  • Street paved with bricks
  • Oak Trees

Property Views

  • Woods

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 1,720 Sq Ft Home
  • French Doors
  • Sliding Doors
  • Den

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Guest Parking

Outdoor Features

  • Water Access
  • Property is near a marina
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage

Location

  • Property is near public transit

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 0084085017

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, fidelity bond, insurance, maintenance exterior, ground maintenance, manager, private road, recreational facilities, security, sewer, trash, water
  • Casey Management Association, Phone Number (941) 922-3391
  • Phillippi Landings Community
  • Phillippi Landings E Subdivision
  • On-Site Maintenance
  • Association Approval Required
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, vehicle restrictions
  • 6-Story Property

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Recreation Facilities
  • Community Spa
  • Park

Pet Policy

  • Limit on the number of pets

Security

  • Gated Community
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,743

Year Built

Built in 2006

Lot Details

0

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Exterior, Maintenance Grounds, Manager, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Property Description: High Rise
  • Disaster Mitigation: Hurricane Shutters/Windows
  • Construction Materials: Block, Stucco
  • Living Area: 1720.00
  • Homestead: Yes
  • Year Built: 2006
  • Building Area Total: 1840.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4479454?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4479454?w=Customer
  • Other Exemptions: Yes
  • Building Search Sq Meters: 170.94
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4479454?w=PubMLS
  • Directions to Property: US 41 to west on Monte Carlo Dr, across private bridge. After gate, proceed straight to building ahead (5591 Cannes Circle). Park anywhere except under the building. Take elevator to the 4th floor and turn right to #405.
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046728
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 7
  • Living Area Units: Square Feet
  • Additional Rooms: Den/Library/Office
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab, Stilt/On Piling
  • Total Bedrooms: 2
  • Floor Number: 4
  • Levels: One
  • Stories: 6
  • Living Area Meters: 159.79
  • Street Number Modifier: 5591

Exterior Features

  • Direction Faces: North
  • Other Structures: Storage
  • Waterfront Feet Creek: 200
  • Water Access: Creek
  • Exterior Features: Dog Run, French Doors, Lighting, Sidewalk, Sliding Doors, Storage
  • Roof: Tile
  • Flood Zone Code: AE
  • Flood Zone Date: 11/04/2016
  • Flood Zone Panel: 12115CO143F
  • Water Access: Yes
  • Home Warranty: Yes
  • View: Pool, Trees/Woods
  • Water Body Name: PHILLIPPI CREEK
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Screened
  • Road Surface Type: Brick, Paved

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Assigned, Guest, Under Building

Utilities

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

Condo/Co-op/Association

  • S W Subdiv Community Name: Phillippi Landings
  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness, Gated Community, Park, Pool, Sidewalk, Water Access, Waterfront
  • Pet Restrictions: Tenants no pets
  • Building Name Number: PHILLIPPI LANDINGS
  • Condo Fees: 1950
  • Condo Fees Term: Quarterly
  • Monthly Condo Fee Amount: 650
  • Pet Size: Extra Large (101+ Lbs.)
  • Association Amenities: Clubhouse, Elevators, Fitness Center, Gated, Maintenance, Pool, Recreation Facilities, Spa/Hot Tub, Vehicle Restrictions
  • Association Approval Required: Yes
  • Association Name: Casey Management
  • Phone: 941-922-3391
  • Security: Gated Community, Smoke Detector(s)

Fee Information

  • Waterfront Frontage: 200
  • Total Annual Fees: 7800.00
  • Total Monthly Fees: 650.00

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

  • Total Acreage: Non-Applicable
  • Zoning: RMF4
  • Parcel Number: 0084085017
  • Lot Features: In County, Near Marina, Near Public Transit, Sidewalk, Street Brick, Street Paved, Street Private

Rental Info

  • Minimum Lease: 3 Months
  • Additional Lease Restrictions: Lease restrictions
  • Furnished: Unfurnished
  • Lease Restrictions: Yes
  • Pets Allowed: Number Limit, Yes

Multi Family

  • Approval Process: Application and fee required. See Condo Docs.
  • Waterfront Features: Creek

Tax Info

  • Tax Annual Amount: 2742.72
  • Tax Book Number: 39/46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2020
Closed on
Mar 12, 2021
Sold by
Miller Scott P and Lynn Miller Living Trust
Bought by
Xin Lee Li and Xin Youjia Liu
Seller's Agent
Mackenzie Longueuil
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Ana Schmelz
FINE PROPERTIES
List Price
$395,000
Sold Price
$365,000
Premium/Discount to List
-$30,000
-7.59%
Current Estimated Value
$563,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,603
Avg. Annual Appreciation
11.12%
Original Mortgage
$292,000
Outstanding Balance
$262,078
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$325,771

Purchase Details

Listed on
Sep 29, 2020
Closed on
Mar 9, 2021
Sold by
Miller Lynn and Lynn Miller Living Trust
Bought by
Xin Lee Li and Xin Youjia Liu
Seller's Agent
Mackenzie Longueuil
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Ana Schmelz
FINE PROPERTIES
List Price
$395,000
Sold Price
$365,000
Premium/Discount to List
-$30,000
-7.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Outstanding Balance
$262,078
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$325,771

Purchase Details

Closed on
Nov 18, 2011
Sold by
Miller Lynn
Bought by
Miller Lynn and Miller Scott P

Purchase Details

Closed on
Nov 12, 2010
Sold by
Cavallero John P and Cavallero Lori A
Bought by
Miller Lynn

Purchase Details

Closed on
Nov 10, 2006
Sold by
Pl Development E Inc
Bought by
Cavallero John P and Cavallero Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,703
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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
Xin Lee Li -- Attorney
Xin Lee Li $365,000 Attorney
Miller Lynn -- Attorney
Miller Lynn $255,000 Attorney
Cavallero John P $579,700 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xin Lee Li $292,000
Previous Owner Cavallero John P $463,703
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Sold $365,000 -3.9% $212 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
12/02/2020 12/02/20 Price Changed $379,900 -3.8% $221 / Sq Ft
09/29/2020 09/29/20 For Sale $395,000 -- $230 / 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 $5,257 $442,618 -- --
2023 $5,257 $410,700 $0 $410,700
2022 $4,772 $365,800 $0 $365,800
2021 $3,950 $286,600 $0 $286,600
2020 $2,743 $221,341 $0 $0
2019 $2,641 $216,365 $0 $0
2018 $2,572 $212,331 $0 $0
2017 $2,558 $207,964 $0 $0
2016 $2,562 $299,700 $0 $299,700
2015 $2,605 $273,400 $0 $273,400
2014 $2,594 $197,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mackenzie Longueuil

    Seller's Agent in 2021

    Mackenzie Longueuil

    Michael Saunders

    (941) 961-4023

    14 in this area

    71 Total Sales

    Mackenzie Longueuil
    Section Image
  • Ana Schmelz

    Buyer's Agent in 2021

    Ana Schmelz

    FINE PROPERTIES

    (305) 766-0615

    1 in this area

    6 Total Sales

    Ana Schmelz
    Section Image
See All Agents

About Phillippi Landings

Map

Source: Stellar MLS

MLS Number: A4479454

Stellar MLS

APN: 0084-08-5017

Florida Sarasota County Sarasota 34231 The Landings

5591 Cannes Cir Unit 405, Sarasota, FL

This home is located at 5591 Cannes Cir Unit 405, Sarasota, FL 34231 since 29 September 2020 and is currently estimated at $563,603, approximately $327 per square foot. This property was built in 2006. 5591 Cannes Cir Unit 405 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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