NOT LISTED FOR SALE

607 Tremont St Sarasota, FL 34242

Estimated Value: $1,881,000 - $4,212,383

0.36 Acre
$8,967,022 Price per Acre
15,682 Sq Ft Lot

Last Sold April 29, 2022

Last sale price $930,000 $1,209 Per Sq Ft

Est. 247% increase in value since last sale

Current estimated payment $17,751/month

Highlights

  • Corner Lot
  • No HOA
  • Heating Available
  • Phillippi Shores Elementary School Rated A
  • High Speed Internet

About This Lot

As of April 2022

Presenting a rare opportunity to build your dream home on this desirable Siesta Key corner lot boasting majestic oaks, palms and tropical plants. This 0.36-acre lot consists of an existing 769-square-foot, one-bedroom, one-bath apartment that sits above a two-car garage. Situated just a short 10-minute walk from Siesta Key beach access, you’ll enjoy picture-perfect beach sunsets every day of the week. This parcel is being split and has already received zoning approval from Sarasota County, and a new survey is available.

Last Agent to Sell the Property

Mike Warm

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3337038 Listed on: 03/14/2022

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Robert Sherman

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3099603

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,297

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 80x195
  • Corner Lot
  • Level Lot
  • Property is zoned RSF2

Schools

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

Utilities

  • High Speed Internet

Community Details

  • No Home Owners Association
  • Siestas Bayside Waterside Community
  • Waterside Wood Siestas Baysid Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 0079100011

Property Details

Property Type

Land

Est. Annual Taxes

$13,297

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.36
  • Lot Size Sq Ft: 15621
  • Number Of Lots: 1
  • Directions to Property: From S Tamiami Trail turn west onto Siesta Dr continuing onto Higel Ave, turn left onto Tremont St. Property is located on the left (corner).
  • Status: Sold
  • Total Acreage: 1/4 to less than 1/2
  • Ratio: Close Price\List Price: 0.93093
  • Price per Sq Ft: 59.54
  • Close to Original List Price Ratio: 0.93093
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 607

Exterior Features

  • Other Structures: Other
  • Road Frontage Type: City Street
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Front Footage: 80
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Electricity Available, Sewer Connected, Water Connected
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0079100011
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Buildable, Corner Lot, In County, Level
  • Lot Dimensions: 80x195
  • Price Per Acre: 2583333
  • Flood Zone Code: AE
  • Current Adjacent Use: Residential
  • Zoning Compatible Y N: Yes

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 13296.8
  • Tax Book Number: 18-40
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2022
Closed on
Apr 29, 2022
Sold by
Hutchinson Edward T and Hutchinson Kathleen E
Bought by
M & J Development Llc
Seller's Agent
Mike Warm
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Robert Sherman
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$999,000
Sold Price
$930,000
Premium/Discount to List
-$69,000
-6.91%
Current Estimated Value
$3,228,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,298,128
Avg. Annual Appreciation
42.84%

Purchase Details

Closed on
Oct 16, 2020
Sold by
Vrm Llc
Bought by
Hutchinson Edward T and Hutchinson Kathleen E

Purchase Details

Closed on
Sep 1, 2015
Sold by
Peirce Mary Mccabe
Bought by
Vrm Llc

Purchase Details

Closed on
Mar 25, 2013
Sold by
Olsen Robert R and Olsen Theresa M
Bought by
Peirce Mary Mccabe

Purchase Details

Closed on
Mar 2, 2009
Sold by
Elk Philip
Bought by
Olsen Robert R and Olsen Theresa M

Purchase Details

Closed on
Apr 6, 2007
Sold by
Willard Margaret
Bought by
Elk Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
7%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 15, 2003
Sold by
Perrault Dennis
Bought by
Willard James M and Willard Margaret K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.16%

Purchase Details

Closed on
Jul 11, 2001
Sold by
Palmer Clay
Bought by
Perrault Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$626,250
Interest Rate
7.23%

Purchase Details

Closed on
May 29, 2001
Sold by
Blauw Hartmut and Blauw Eva Rosa
Bought by
Palmer Clay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$626,250
Interest Rate
7.23%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
M & J Development Llc $930,000 None Listed On Document
Hutchinson Edward T $840,000 Attorney
Vrm Llc -- None Available
Peirce Mary Mccabe $2,450,000 Attorney
Olsen Robert R $875,000 Alliance Group Title Llc
Elk Philip $1,100,000 Riddelltitle & Escrow Llc
Willard James M $960,000 --
Perrault Dennis $413,800 --
Palmer Clay $835,000 --
Palmer Clay -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elk Philip $880,000
Previous Owner Willard James M $550,000
Previous Owner Perrault Dennis $626,250
Previous Owner Palmer Clay $626,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold $930,000 -6.9% $1,209 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $999,000 -- $1,299 / 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 $8,231 $750,400 $750,400 --
2023 $8,231 $707,000 $707,000 $0
2022 $16,096 $1,493,200 $1,308,800 $184,400
2021 $13,297 $1,048,500 $930,500 $118,000
2020 $10,473 $800,000 $686,100 $113,900
2019 $10,928 $842,200 $724,900 $117,300
2018 $11,485 $953,800 $833,200 $120,600
2017 $9,669 $728,300 $599,200 $129,100
2016 $10,786 $799,500 $642,000 $157,500
2015 $12,155 $881,300 $751,300 $130,000
2014 $11,542 $731,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Warm

    Seller's Agent in 2022

    Mike Warm

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 525-2740

    32 in this area

    130 Total Sales

    Mike Warm
    Section Image
  • Robert Sherman

    Buyer's Agent in 2022

    Robert Sherman

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 313-1301

    19 in this area

    115 Total Sales

    Robert Sherman
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4527582

Stellar MLS

APN: 0079-10-0011

Florida Sarasota County Sarasota 34242

607 Tremont St, Sarasota, FL

This home is located at 607 Tremont St, Sarasota, FL 34242 since 14 March 2022 and is currently estimated at $3,228,128, approximately $4,197 per square foot. 607 Tremont St 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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