NOT LISTED FOR SALE

570 Commonwealth Place Sarasota, FL 34242

Estimated Value: $1,250,000 - $1,597,000

3 Beds
2 Baths
1,904 Sq Ft
$725/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $775,000 $407 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $8,562/month

52 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Screened Pool
  • Stone Countertops
  • Phillippi Shores Elementary School Rated A
  • Canal View
  • Circular Driveway

About This Home

As of September 2020

PRICE ADJUSTMENT. Waterfront- 110 feet of protected frontage a stones throw to the Grand Canal. This 3 bedroom 2 bathroom home is prime for updating, or is this the perfect lot for your new construction? The kitchen was recently updated and the eat in kitchen overlooks the canal. Three sets of sliders open to the paver block pool deck and screened solar heated pool area. Beautiful trex dock area with davits for your boat or jet ski. Seller(s) will provide a $15,500 credit for seawall cap replacement at closing. Large 13,000 sq foot lot in desirable Siesta's Waterside East neighborhood and just minutes to World Famous Siesta Beach and the wonderful boutiques and restaurants of Siesta Village.

Last Agent to Sell the Property

Michael Edwards

SOLUTIONS REALTY License #0696188 Listed on: 05/12/2020

Last Buyer's Agent

Scott Norman

SWILLEY & ASSOCIATES REALTY License #3137943

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,251

Year Built

  • Built in 1970

Lot Details

  • 0.31 Acre Lot
  • 100 Feet of Waterfront
  • Property fronts a saltwater canal
  • Northeast Facing Home
  • Well Sprinkler System
  • Property is zoned RSF2

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Home Design

  • Slab Foundation
  • Tile Roof
  • Wood Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,904 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Canal Views
  • Hurricane or Storm Shutters

Kitchen

  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Screened Pool
  • Solar Heated In Ground Pool
  • Fence Around Pool
  • Heated Spa

Outdoor Features

  • Fixed Bridges
  • Access to Saltwater Canal
  • Davits
  • Seawall
  • Dock made with Composite Material
  • Rain Gutters

Utilities

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

Community Details

  • Gena Wright, Treasurer Association, Phone Number (949) 640-2002
  • Waterside East Community
  • Siestas Bayside Waterside East Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,251

Year Built

Built in 1970

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco, Wood Siding
  • Fireplace: No
  • Living Area: 1904
  • Lot Size Acres: 0.31
  • New Construction: No
  • Year Built: 1970
  • Lot Size Sq Ft: 13698
  • Directions to Property: Minight Pass Road to East on Commonwelth Drive. Take second right on to Commonwealth Place, house on left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4466963?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4466963?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.91176
  • Price per Sq Ft: 407.04
  • Close to Original List Price Ratio: 0.90116
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Stone Counters
  • Appliances Included: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated
  • Stories: 1
  • Street Number Modifier: 570
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northeast
  • Pool Features: Heated, In Ground, Screen Enclosure, Solar Heat
  • Exterior Features: Hurricane Shutters, Irrigation System, Rain Gutters
  • Roof: Tile
  • Pool Private: Yes
  • Waterfront: Yes
  • Water View: Canal
  • Water Access: Canal - Saltwater
  • Water Extras: Bridges - Fixed, Davits, Dock - Composite, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 100
  • Water Frontage Feet Canal Salt: 100
  • Disclosures: HOA/PUD/Condo Disclosure, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Phone Available, Public, Sprinkler Well
  • 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 Fee: 200
  • Association Fee Frequency: Annually
  • Association Name: Gena Wright, Treasurer
  • Phone: 949-640-2002
  • Association: Yes
  • Senior Community: No
  • Association Email: gmewright@aol.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 200
  • Monthly HOA Fee: 16.67
  • Total Monthly Fees: 16.67

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0081030033
  • Additional Parcels: No
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See County regulations

Tax Info

  • Tax Annual Amount: 4250.51
  • Tax Book Number: 19-31
  • Tax Lot: 23

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2020
Closed on
Sep 4, 2020
Sold by
Stout James P and Robert P Stout Trust
Bought by
Klemeyer Robert and Klemeyer Lisa N
Seller's Agent
Michael Edwards
SOLUTIONS REALTY
Buyer's Agent
Scott Norman
SWILLEY & ASSOCIATES REALTY
List Price
$860,000
Sold Price
$775,000
Premium/Discount to List
-$85,000
-9.88%
Current Estimated Value
$1,380,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$605,342
Avg. Annual Appreciation
11.93%

Purchase Details

Closed on
Jun 18, 2020
Sold by
Winters Joseph
Bought by
Winters Joseph and Joseph Winters Living Trust

Purchase Details

Closed on
Jun 8, 2006
Sold by
Stout Robert P and Stout Nancy C
Bought by
Stout Robert P

Purchase Details

Closed on
Feb 22, 1996
Sold by
Stout Robert P and Stout Nancy C
Bought by
Stout Robert P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 1994
Sold by
Peoni Frederick A and Peoni Geraldine R
Bought by
Stout Robert P and Stout Nancy C
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
Klemeyer Robert $775,000 Attorney
Winters Joseph -- Attorney
Stout Robert P -- Attorney
Stout Nancy C -- Attorney
Stout Robert P -- --
Stout Nancy C -- --
Stout Robert P $307,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stout Nancy C $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2020 09/04/20 Sold $775,000 -8.8% $407 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
06/22/2020 06/22/20 Price Changed $850,000 -1.2% $446 / Sq Ft
06/15/2020 06/15/20 For Sale $860,000 +11.0% $452 / Sq Ft
06/14/2020 06/14/20 Off Market $775,000 -- --
05/27/2020 05/27/20 Pending -- -- --
05/11/2020 05/11/20 For Sale $860,000 -- $452 / 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 $14,976 $1,312,093 -- --
2023 $14,976 $1,273,877 $0 $0
2022 $14,672 $1,236,774 $0 $0
2021 $11,289 $884,200 $793,600 $90,600
2020 $4,392 $349,597 $0 $0
2019 $4,251 $341,737 $0 $0
2018 $4,153 $335,365 $0 $0
2017 $4,134 $328,467 $0 $0
2016 $4,127 $680,900 $485,200 $195,700
2015 $4,201 $760,800 $589,800 $171,000
2014 $4,164 $310,696 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4466963

Stellar MLS

APN: 0081-03-0033