NOT LISTED FOR SALE

5823 Riegels Harbor Rd Sarasota, FL 34242

Estimated Value: $2,024,000 - $3,232,000

4 Beds
6 Baths
4,822 Sq Ft
$510/Sq Ft Est. Value

Last Sold October 08, 2020

Last sale price $1,535,000 $318 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $15,170/month

221 Days on Market

Highlights

  • 58 Feet of Waterfront
  • Marina View
  • Dock made with wood
  • Phillippi Shores Elementary School Rated A
  • Access To Intracoastal Waterway
  • Boat Slip Deeded

About This Home

As of October 2020

Experience the best of tropical island living in this private, gated yachting enclave near the world-famous white sands of Siesta Key Beach and the azure waters of the Gulf of Mexico. This beautifully remodeled, casual living custom home takes full advantage of the spectacular long harbor views, located on deep sailboat water direct to the Intracoastal Waterway. A grand entry foyer and great room with vaulted ceilings offer floor-to-ceiling walls of glass that overlook the screened pool, lanai, lush gardens and boating harbor. The striking custom island kitchen features sleek European style cabinetry, pull-out pantries, freezer & refrigerator drawers, dumb waiter, Van Gogh granite counters, Wolf gas cooktop and Sub-Zero refrigerator. The spacious master suite boasts a soaring ceiling, a spectacular master bath featuring a glass-walled shower, exquisite granite countertops, deep soaking tub with garden views, walk-in closets and adjoining sitting room with half-bath. Upstairs are two large ensuite bedrooms with balconies. Conforming ground-level living areas lead directly to pool and can easily convert to a 4th bedroom, with full bath and laundry. Hardwood and travertine floors throughout, Andersen windows, laundry chute, air-conditioned storage rooms, all rooms wired for TV and audio, hurricane shutters, whole house generator and sprinkler system. Dock can accommodate two boats. Near the shops and restaurants of quaint Siesta Village, just 15 minutes by car to the cultural amenities of downtown Sarasota. Virtual Tour: http://veewme.com/ub/77608. Buyers are responsible for verifying the accuracy of all information.

Last Agent to Sell the Property

Judie Berger

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0671663 Listed on: 11/30/2019

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Marilee Roberts

REALTY EXECUTIVES GALLERY License #3470594

REALTY EXECUTIVES GALLERY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,158

Year Built

  • Built in 1986

Lot Details

  • 10,590 Sq Ft Lot
  • 58 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Property fronts a private road
  • Street terminates at a dead end
  • North Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Property is zoned RSF3

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Property Views

  • Marina
  • Full Bay or Harbor
  • Canal

Home Design

  • Custom Home
  • Contemporary Architecture
  • Tri-Level Property
  • Slab Foundation
  • Wood Frame Construction
  • Shake Roof
  • Block Exterior

Interior Spaces

  • 4,822 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room
  • Family Room
  • Breakfast Room
  • Formal Dining Room
  • Storage Room
  • Inside Utility

Kitchen

  • Dumbwaiter
  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters
  • Storm Windows
  • Fire and Smoke Detector

Pool

  • Gunite Pool
  • Spa

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • No Fixed Bridges
  • Boat Slip Deeded
  • Dock made with wood
  • Balcony
  • Deck
  • Enclosed Patio or Porch
  • Outdoor Storage

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
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include private road
  • David Mccabe Association, Phone Number (941) 928-8969
  • Riegels Landing Community
  • Riegels Landing Subdivision
  • The community has rules related to deed restrictions

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,158

Year Built

Built in 1986

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • HOA Fee Includes: Private Road
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Custom
  • Construction Materials: Block, Wood Frame
  • Fireplace: No
  • Living Area: 4822
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1986
  • Building Area Total: 6509
  • Lot Size Sq Ft: 10590
  • Directions to Property: From Midnight Pass Road turn East into Riegels Landing to Riegels Landing Dr. After gate (need code) turn right onto Riegels Harbor Rd, property is 2nd block on the left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4452837?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4452837?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-364-4014
  • Ratio: Close Price\List Price: 0.9056
  • Price per Sq Ft: 318.33
  • Close to Original List Price Ratio: 0.9056
  • Ratio: Current Price\Building Area Total: 235.83
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Travertine, Hardwood
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Central Vaccum, Dumbwaiter, Eating Space In Kitchen, High Ceiling(s), Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Spa Yn: Yes
  • Window Features: Blinds, Window Treatments, Storm Window(s)
  • Street Number Modifier: 5823
  • Room Count: 10
  • Additional Rooms: Breakfast Room Separate, Family Room, Formal Dining Room Separate, Great Room, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Other Structures: Storage
  • Pool Features: Gunite
  • Exterior Features: Balcony, Hurricane Shutters, Irrigation System, Sliding Doors, Storage
  • Roof: Shake
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End, Private Road
  • View: Water
  • Water Body Name: Riegels Landing Harbor
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Enclosed, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Partial, Canal, Marina
  • Water Access: Bay/Harbor, Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges, Dock - Slip Deeded On-Site, Dock - Wood, Sailboat Water
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 1251440143E
  • Waterfront Frontage: 58
  • Water Frontage Feet Bay Harbor: 58
  • 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
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Street Lights
  • Cooling: Central Air, Zoned
  • Heating: Central, Zoned
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community
  • Association Amenities: Gated
  • Association Fee: 300
  • Association Fee Frequency: Quarterly
  • Association Name: David McCabe
  • Phone: 941-928-8969
  • Association: Yes
  • Security: Gated Community, Security System Owned, Smoke Detector(s)
  • 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: 0105040018
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone
  • Lot Dimensions: Irregular
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Flood Zone Date: 1992-09-03
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 8-12 Months
  • Num Timesper Year: 1
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 11158
  • Tax Book Number: 27-19
  • Tax Lot: 16

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2019
Closed on
Oct 8, 2020
Sold by
Fields Richard and Fields Jessica
Bought by
Oyster Bay Property Investors Llc
Seller's Agent
Judie Berger
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Marilee Roberts
REALTY EXECUTIVES GALLERY
List Price
$1,695,000
Sold Price
$1,535,000
Premium/Discount to List
-$160,000
-9.44%
Current Estimated Value
$2,459,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$924,617
Avg. Annual Appreciation
9.77%

Purchase Details

Closed on
May 15, 1997
Sold by
Augenthaler Warren W and Augenthaler Susan T
Bought by
Wexler Gerald and Wexler Jean M
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
Oyster Bay Property Investors Llc $1,535,000 Attorney
Wexler Gerald $650,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2020 10/08/20 Sold $1,535,000 -9.4% $318 / Sq Ft
07/07/2020 07/07/20 Pending -- -- --
11/29/2019 11/29/19 For Sale $1,695,000 -- $352 / 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 $26,034 $1,753,617 -- --
2023 $26,034 $2,650,100 $1,739,700 $910,400
2022 $24,697 $2,526,100 $1,819,000 $707,100
2021 $16,501 $1,293,700 $827,800 $465,900
2020 $11,489 $900,846 $0 $0
2019 $11,158 $880,592 $0 $0
2018 $10,952 $864,173 $0 $0
2017 $10,911 $846,399 $0 $0
2016 $10,911 $1,094,700 $456,700 $638,000
2015 $11,116 $960,600 $441,800 $518,800
2014 $11,080 $849,108 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4452837

Stellar MLS

APN: 0105-04-0018