NOT LISTED FOR SALE

5721 Riegels Point Rd Sarasota, FL 34242

Estimated Value: $1,979,000 - $2,459,000

4 Beds
3.5 Baths
3,217 Sq Ft
$683/Sq Ft Est. Value

Last Sold January 28, 2019

Last sale price $1,400,000 $435 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $13,478/month

45 Days on Market

Highlights

  • 46 Feet of Waterfront
  • White Water Ocean Views
  • Access to Bay or Harbor
  • Phillippi Shores Elementary School Rated A
  • Dock made with wood
  • Oak Trees

About This Home

As of January 2019

Savor the island lifestyle with the best of both worlds — boating and the beach! Rarely available deep sailboat water, no bridges to the bay and so close to the world-famous powdery white quartz sands of Siesta Key Beach. This meticulous, light-filled, casual living custom home is sited on a spectacular, tropically landscaped lot in this desirable, private gated island community, taking full advantage of the striking long harbor views. Adjoining living & dining room boast volume ceilings and most rooms overlook the beautiful boating harbor through glass sliders, including the large kitchen and cozy breakfast room. A first floor, second master bedroom suite is currently the den. On the upper floor, the generous master bedroom suite boasts a private balcony overlooking the boat harbor. Featuring handsome hardwood floors, generous room sizes, built-ins, lots of storage, 3-zone HVAC, programmable thermostats, Kinetico water system and Madigo window film. Relax or entertain in the easy-living outdoors — spacious waterfront balconies, screened lanai or by the sparkling heated pool and boat dock on the harbor where you'll enjoy watching dolphins, manatee and amazing Florida wildlife. Stunning large tropically landscaped yard, oversized garage and circular paver drive. HOA fees include irrigation. Just minutes to Siesta Village's charming restaurants and shops, and only 15 minutes by car to the arts and culture of downtown Sarasota. Immediate access by boat to the bay, Intracoastal Waterway and Gulf of Mexico.

Last Agent to Sell the Property

Judie Berger

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0671663 Listed on: 11/16/2018

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Gigi Silverberg

DOUGLAS ELLIMAN License #3100627

DOUGLAS ELLIMAN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,972

Year Built

  • Built in 1998

Lot Details

  • 9,734 Sq Ft Lot
  • 46 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Property fronts a private road
  • Northwest Facing Home
  • Fenced
  • Mature Landscaping
  • Irregular Lot
  • Irrigation
  • Oak Trees
  • Property is zoned RSF3

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Workshop in Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Guest Parking
  • Open Parking
  • Off-Street Parking

Home Design

  • Custom Home
  • Key West Architecture
  • Elevated Home
  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Siding

Interior Spaces

  • 3,217 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room
  • Storage Room
  • Inside Utility
  • White Water Ocean Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Porcelain Tile
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Thermostat

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Outside Bathroom Access
  • Auto Pool Cleaner

Outdoor Features

  • Access to Bay or Harbor
  • Dock made with wood
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage
  • Rain Gutters

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Thermostat
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include private road
  • Riegels Landing Association
  • Riegels Landing Community
  • Riegels Landing Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,972

Year Built

Built in 1998

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • HOA Fee Includes: Private Road
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom, Key West
  • Construction Materials: Siding, Wood Frame
  • Fireplace: No
  • Living Area: 3217
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 1998
  • Building Area Total: 4547
  • Lot Size Sq Ft: 9734
  • Directions to Property: Siesta Drive west to Higel Ave, left at light to Midnight Pass Rd, left to Riegel’s Landing Dr, right to Riegel’s Harbor Rd, house is on left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4419061&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4419061&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Property Description: Elevated
  • Call Center Phone Number: 941-364-4014
  • Ratio: Close Price\List Price: 0.87774
  • Price per Sq Ft: 435.19
  • Close to Original List Price Ratio: 0.87774
  • Ratio: Current Price\Building Area Total: 307.9
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Engineered Hardwood, Porcelain Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Central Vaccum, Crown Molding, Eating Space In Kitchen, High Ceiling(s), Open Floorplan, Solid Surface Counters, Split Bedroom, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Window Features: Blinds
  • Street Number Modifier: 5721
  • Room Count: 12
  • Additional Rooms: Great Room, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northwest
  • Pool Features: Auto Cleaner, Gunite, Heated, In Ground, Outside Bath Access
  • Exterior Features: Fenced, Irrigation System, Rain Gutters, Sliding Doors, Storage
  • Roof: Tile
  • Pool Private: Yes
  • Road Frontage Type: Private Road
  • View: Water
  • Water Body Name: Riegels Landing Harbor
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full
  • Water Access: Bay/Harbor
  • Water Extras: Dock - Wood
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0143F
  • Waterfront Frontage: 46
  • Additional Water Information: No bridges to the bay - deep sailboat water.
  • Water Frontage Feet Bay Harbor: 46
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Fiber Optics, Public, Street Lights
  • Cooling: Central Air, Zoned
  • Heating: Electric, Heat Pump, Zoned
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community, Waterfront
  • Association Amenities: Gated
  • Association Fee: 300
  • Association Fee Frequency: Quarterly
  • Association Name: Riegels Landing Association
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 1200
  • Monthly HOA Fee: 100
  • Total Monthly Fees: 100

Schools

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

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0105040013
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, In County, Irregular Lot
  • Property Attached Yn: Yes
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Thermostat

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 8-12 Months
  • Num Timesper Year: 1
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Per Deed Restrictions 1 year rental minimum.

Tax Info

  • Tax Annual Amount: 7972
  • Tax Book Number: 27-19
  • Tax Lot: 11

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2018
Closed on
Jan 28, 2019
Sold by
Olson Gary A and Olson Ann S
Bought by
Isbell David and Isbell Josephine
Seller's Agent
Judie Berger
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Gigi Silverberg
DOUGLAS ELLIMAN
List Price
$1,595,000
Sold Price
$1,400,000
Premium/Discount to List
-$195,000
-12.23%
Current Estimated Value
$2,198,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$798,288
Avg. Annual Appreciation
6.90%
Original Mortgage
$485,000
Outstanding Balance
$419,659
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,778,629

Purchase Details

Closed on
Apr 10, 2008
Sold by
Olson Gary A and Olson Ann S
Bought by
Olson Gary A and Olson Ann S

Purchase Details

Closed on
Aug 10, 2001
Sold by
Olson Gary A and Olson Ann S
Bought by
Olson Gary A

Purchase Details

Closed on
Jan 17, 1997
Sold by
Holton Richard L and Holton Marcia H
Bought by
Olson Gary A and Olson Ann S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,200
Interest Rate
7.43%
Source: Public Records

Range of Values:

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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
Isbell David $1,400,000 Attorney
Olson Gary A -- Attorney
Olson Gary A -- --
Olson Gary A $269,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Isbell David $485,000
Previous Owner Olson Gary A $215,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Sold $1,400,000 -12.2% $435 / Sq Ft
12/31/2018 12/31/18 Pending -- -- --
11/16/2018 11/16/18 For Sale $1,595,000 -- $496 / 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 $22,193 $1,467,179 -- --
2023 $22,193 $2,287,900 $1,252,900 $1,035,000
2022 $19,719 $2,038,300 $1,311,500 $726,800
2021 $13,219 $1,031,900 $535,700 $496,200
2020 $13,308 $1,017,500 $596,900 $420,600
2019 $8,162 $646,405 $0 $0
2018 $8,003 $634,352 $0 $0
2017 $7,972 $621,305 $0 $0
2016 $7,947 $915,400 $410,200 $505,200
2015 $8,095 $836,000 $406,400 $429,600
2014 $8,068 $636,845 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Judie Berger

    Seller's Agent in 2019

    Judie Berger

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 928-3424

    120 in this area

    180 Total Sales

    Judie Berger
    Section Image
  • Gigi Silverberg

    Buyer's Agent in 2019

    Gigi Silverberg

    DOUGLAS ELLIMAN

    (941) 993-3695

    1 in this area

    31 Total Sales

    Gigi Silverberg
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4419061

Stellar MLS

APN: 0105-04-0013

Florida Sarasota County Sarasota 34242

5721 Riegels Point Rd, Sarasota, FL

This home is located at 5721 Riegels Point Rd, Sarasota, FL 34242 since 16 November 2018 and is currently estimated at $2,198,288, approximately $683 per square foot. This property was built in 1998. 5721 Riegels Point Rd 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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