NOT LISTED FOR SALE

5821 Riegels Harbor Rd Sarasota, FL 34242

Estimated Value: $2,032,000 - $2,788,375

4 Beds
4.5 Baths
3,417 Sq Ft
$694/Sq Ft Est. Value

Last Sold November 08, 2019

Last sale price $1,515,000 $443 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $14,504/month

238 Days on Market

Highlights

  • 84 Feet of Waterfront
  • White Water Ocean Views
  • Water access To Gulf or Ocean To Bay
  • Phillippi Shores Elementary School Rated A
  • Assigned Boat Slip
  • Boat Lift

About This Home

As of November 2019

Enjoy the island lifestyle with the best of both worlds boating and the beach. A lush, tropical landscaped corner lot with harbor views in Riegels Landings. This gated yachting community on Siesta Key is one of the most popular because of its protected, deep sailboat water dockage (6' at low tide) and direct access to the Intracoastal Waterway. Private dock for (2) 50' boats, 1 with new 16,000# lift. Walking distance to world famous Siesta Key Beach. A perfect home for entertaining extended family and guests. Fully renovated 3 level key west style home has 4 bedrooms and 4.5 bathrooms. 3 bedrooms with en-suites. The second level main living area boasts an open floor plan and white oak flooring throughout. Here you will find the Master Suite with walk in closets and spectacular master bath, double vanity and a soaking tub. Also, on the 2nd level is the dining room, vaulted living room, additional bedroom, contemporary kitchen with 9 foot marble island, white cabinets, double oven, pantry and beverage refrigerator. These rooms open directly onto the wraparound balcony overlooking the recently resurfaced heated pool and spa. The third level has 2 large bedrooms suites, each having their own updated bathrooms and balconies with water views.
Lower level has separate entrance and opens to pool deck. HOA fees include irrigation. Just minutes to Siesta Key Village and beach.

Last Agent to Sell the Property

Stacey Omeara

LIMBO COMPANY SARASOTA ASSOC License #3311750 Listed on: 02/08/2019

Last Buyer's Agent

Stacey Omeara

LIMBO COMPANY SARASOTA ASSOC License #3311750 Listed on: 02/08/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,956

Year Built

  • Built in 1983

Lot Details

  • 9,733 Sq Ft Lot
  • 84 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Property fronts a saltwater canal
  • North Facing Home
  • Mature Landscaping
  • Corner Lot
  • Well Sprinkler System
  • Oak Trees
  • Property is zoned RSF3

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Property Views

  • White Water Ocean
  • Intracoastal

Home Design

  • Key West Architecture
  • Elevated Home
  • Tri-Level Property
  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,417 Sq Ft Home
  • Open Floorplan
  • Bar Fridge
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Drapes & Rods
  • French Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Formal Dining Room
  • Bonus Room
  • Hurricane or Storm Shutters
  • Attic

Kitchen

  • Built-In Convection Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool
  • Outdoor Shower
  • Outside Bathroom Access
  • Pool Tile
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Access To Intracoastal Waterway
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Dock has access to water
  • Boat Lift
  • Assigned Boat Slip
  • Dock made with Composite Material
  • Balcony
  • Deck
  • Exterior Lighting

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Thermostat
  • Propane
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Dave Mccabe Association, Phone Number (941) 928-8969
  • 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

$8,956

Year Built

Built in 1983

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • HOA Fee Includes: Other
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Key West
  • Construction Materials: Block, Stucco, Wood Frame
  • Fireplace: Yes
  • Living Area: 3417
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 1983
  • Lot Size Sq Ft: 9733
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4426821&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4426821&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
  • Home Warranty Y N: No
  • Property Description: Elevated
  • Ratio: Close Price\List Price: 0.94688
  • Price per Sq Ft: 443.37
  • Close to Original List Price Ratio: 0.90448
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Central Vaccum, Kitchen/Family Room Combo, L Dining, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat, Vaulted Ceiling(s), Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Ice Maker, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Window Features: Blinds, Drapes, Rods, Window Treatments
  • Room Count: 6
  • Additional Rooms: Attic, Bonus Room, Formal Dining Room Separate, Interior In-Law Suite
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Direction Faces: North
  • Pool Features: Gunite, Heated, In Ground, Lighting, Outside Bath Access, Salt Water, Tile
  • Exterior Features: Balcony, French Doors, Hurricane Shutters, Lighting, Outdoor Shower
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck
  • Water View: Bay/Harbor - Full, Intracoastal Waterway
  • Water Access: Bay/Harbor, Canal - Saltwater, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: Assigned Boat Slip, Bridges - No Fixed Bridges, Dock - Composite, Dock w/Electric, Dock w/Water Supply, Lift, Sailboat Water
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0143F
  • Waterfront Frontage: 84
  • Water Frontage Feet Bay Harbor: 84
  • Disclosures: HOA/PUD/Condo Disclosure

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Propane, Public, Sewer Connected, Sprinkler Well
  • Cooling: Central Air
  • Heating: Central, Propane
  • Laundry Features: Inside, Upper Level
  • 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 Fee: 300
  • Association Fee Frequency: Quarterly
  • Association Name: Dave McCabe
  • Phone: 941-928-8969
  • Association: Yes
  • Senior Community: No
  • Amenities Additional Fees: fees include irrigation
  • 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: 0105040017
  • Additional Parcels: No
  • Lot Features: Corner Lot, Flood Insurance Required, FloodZone
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1-2 Years
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: 1 year lease

Tax Info

  • Tax Annual Amount: 8956
  • Tax Book Number: 27-19
  • Tax Lot: 15

Multi Family

  • Waterfront Features: Bay/Harbor, Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2019
Closed on
Nov 8, 2019
Sold by
Meara Sean C O and Meara Stacey L O
Bought by
Trebbi Bronson
Seller's Agent
Stacey Omeara
LIMBO COMPANY SARASOTA ASSOC
Buyer's Agent
Stacey Omeara
LIMBO COMPANY SARASOTA ASSOC
List Price
$1,600,000
Sold Price
$1,515,000
Premium/Discount to List
-$85,000
-5.31%
Current Estimated Value
$2,370,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$855,594
Avg. Annual Appreciation
7.77%
Original Mortgage
$1,136,250
Outstanding Balance
$999,607
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,370,987

Purchase Details

Closed on
Jul 10, 2015
Sold by
Drake Suzanne D
Bought by
Meara Sean C O and Meara Stacey L O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.15%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Trebbi Bronson $1,515,000 Attorney
Meara Sean C O $1,000,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trebbi Bronson $1,136,250
Previous Owner Meara Sean C O $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2019 11/08/19 Sold $1,515,000 -5.3% $443 / Sq Ft
10/03/2019 10/03/19 Pending -- -- --
08/09/2019 08/09/19 For Sale $1,600,000 +5.6% $468 / Sq Ft
08/08/2019 08/08/19 Off Market $1,515,000 -- --
02/11/2019 02/11/19 Price Changed $1,600,000 -4.5% $468 / Sq Ft
02/07/2019 02/07/19 For Sale $1,675,000 -- $490 / 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 $23,650 $1,597,320 -- --
2023 $23,650 $2,420,600 $1,550,400 $870,200
2022 $22,160 $2,267,100 $1,618,000 $649,100
2021 $15,916 $1,299,000 $829,300 $469,700
2020 $13,470 $1,031,900 $676,300 $355,600
2019 $9,532 $758,048 $0 $0
2018 $8,956 $712,255 $0 $0
2017 $8,922 $697,605 $0 $0
2016 $8,967 $807,600 $446,200 $361,400
2015 $8,453 $731,000 $423,000 $308,000
2014 $8,425 $613,003 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4426821

Stellar MLS

APN: 0105-04-0017