NOT LISTED FOR SALE

580 Commonwealth Place Sarasota, FL 34242

Estimated Value: $1,217,000 - $1,532,000

3 Beds
2 Baths
1,732 Sq Ft
$788/Sq Ft Est. Value

Last Sold January 31, 2012

Last sale price $510,000 $294 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $8,290/month

33 Days on Market

Highlights

  • 99 Feet of Waterfront
  • Screened Pool
  • Canal View
  • Phillippi Shores Elementary School Rated A
  • Open Floorplan
  • Fruit Trees

About This Home

As of January 2012

This is a dream come true! A fabulous waterfront home, only minutes to the inter-coastal, located on a fabulous street and ready for immediate occupancy! A wonderful opportunity to have your boat in your back yard on 10,000 lbs. davits and dock allreplaced in 1999. Wonderful paver driveway greets you with a side entry two car garage, along with a tile roof that was replaced in 12/01, newer HVAC system, designer tile flooring throughout, newer updated kitchen and appliances, well and sprinkler system replaced in 12/99, cage pool and hurricane shutters. This charming split plan also has a built in Murphy bed with custom built in that can easily become an office or use as a third bedroom. Just completed, new landscaping! Home has a well and sprinklersystem to keep the yard in excellent condition. Hurry this will not last.

Last Agent to Sell the Property

Linda Driggs

MICHAEL SAUNDERS & COMPANY License #0604638 Listed on: 11/23/2011

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Dan Miller

PREFERRED SHORE LLC License #3089245

PREFERRED SHORE LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,769

Year Built

  • Built in 1971

Lot Details

  • 0.26 Acre Lot
  • 99 Feet of Waterfront
  • Property fronts a saltwater canal
  • Northeast Facing Home
  • Mature Landscaping
  • Irrigation
  • Fruit Trees
  • Property is zoned RSF2

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Side Facing Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,732 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • Screened Pool
  • Private Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Access to Saltwater Canal
  • Seawall
  • Rain Gutters

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Siestas Bayside Community
  • Siestas Bayside Waterside East Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Tax Lot 24
  • Assessor Parcel Number 0081030032

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,769

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1732
  • Lot Size Acres: 0.26
  • New Construction: No
  • Year Built: 1971
  • Building Area Total: 2551
  • Lot Size Sq Ft: 11423
  • Directions to Property: Higel to Midnight Pass- Commonwealth Drive
  • Status: Sold
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Subdivision Num: 1764
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.92744
  • Price per Sq Ft: 294.46
  • Close to Original List Price Ratio: 0.92744
  • Ratio: Current Price\Building Area Total: 199.92
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2010
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Window Features: Window Treatments
  • Street Number Modifier: 580
  • Room Count: 4
  • Additional Rooms: Great Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northeast
  • Pool Features: Screen Enclosure
  • Exterior Features: Hurricane Shutters, Irrigation System, Rain Gutters, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Water View: Canal
  • Water Access: Canal - Saltwater
  • Water Extras: Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 99

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Faces Rear, Garage Faces Side
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Connected
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Association Fee Requirement: None

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0081030032
  • Additional Parcels: No
  • Lot Features: In County
  • Millage Rate: 13.59
  • Future Land Use: 0100
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2012-01-31T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 5769
  • Tax Book Number: 0019/0031
  • Tax Lot: 24

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2011
Closed on
Jan 31, 2012
Sold by
Ouseley Frank A
Bought by
Spadaro Thomas and Wright Gina
Seller's Agent
Linda Driggs
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Dan Miller
PREFERRED SHORE LLC
List Price
$510,000
Sold Price
$510,000
Current Estimated Value
$1,364,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$854,478
Avg. Annual Appreciation
7.43%

Purchase Details

Closed on
May 12, 2003
Sold by
Warshauer Matthew J and Warshauer Sherry B
Bought by
Quseley Frank A and Ouseley Jill K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
5.86%

Purchase Details

Closed on
Mar 8, 1999
Sold by
Donnelly William A and Donnelly Dorothy C
Bought by
Warshauer Matthew and Warshauer Sherry
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
Spadaro Thomas $510,000 Stewart Title Company
Quseley Frank A $675,000 --
Warshauer Matthew $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Quseley Frank A $265,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2012 01/31/12 Sold $510,000 0.0% $294 / Sq Ft
12/27/2011 12/27/11 Pending -- -- --
11/23/2011 11/23/11 For Sale $510,000 -- $294 / 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 $13,590 $1,060,160 -- --
2023 $13,590 $1,271,100 $1,034,400 $236,700
2022 $12,737 $1,190,700 $991,500 $199,200
2021 $10,591 $863,100 $731,800 $131,300
2020 $9,364 $711,400 $580,900 $130,500
2019 $10,589 $829,800 $639,600 $190,200
2018 $10,051 $724,680 $0 $0
2017 $8,781 $658,800 $455,800 $203,000
2016 $8,829 $649,900 $447,600 $202,300
2015 $8,354 $601,700 $546,400 $55,300
2014 $7,785 $487,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3952212

Stellar MLS

APN: 0081-03-0032