NOT LISTED FOR SALE

Estimated Value: $6,058,000 - $8,880,649

4 Beds
4.5 Baths
6,573 Sq Ft
$1,186/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $7,050,000 $1,073 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $48,769/month

99 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Beach View
  • Private Beach
  • Laurel Nokomis School Rated A-
  • Water access To Gulf or Ocean
  • Home Theater

About This Home

As of December 2020

An authentic modern masterpiece, this aptly-named “Oasis by the Sea” is a true testament to the wonder, excitement and vision of noted architect Guy Peterson. A silver winner in SRQ Magazine’s Home of the Year award and selected as one of the “Top Ten Best Beach Homes”, master builder Michael Walker completed the home in 2008. Sited on 1.5 acres on one of Sarasota’s most prestigious barrier islands, this sprawling beachfront estate offers 13,000 square feet including balconies of prime luxury and compares to only the finest examples of excellence in modern design and sophisticated refinement throughout. The main pavilion provides full beach views through floor-to-ceiling glass for unobstructed Gulf panoramas stretching across the horizon. The highlights of this exceptional 4-bedroom, 4.5-bath residence include a home theatre with kitchenette and acoustic walls, reclining leather seating for 8, video security system with web/TV access, 60 ft salt chlorinated system lap pool with auto cover, separate spa, dedicated workout room, beach walkover, 5-car garage, home generator, 130 mph rated windows/doors, smart home with Crestron, Litetouch and Lutron controlling audio, lighting, and automated shades. Casey Key offers 8 miles of pristine beach, no traffic lights or high-rise condominiums, and is perfectly situated within minutes to Pine View School for the gifted. Like fine art, this rare estate is best appreciated in person. When touring this dramatic residence, make sure to allow ample time to explore every magnificent nuance. Even the most discerning buyer won’t be disappointed.

Last Agent to Sell the Property

Karen Greco

GRECO REAL ESTATE Brokerage Phone: 941-685-0449 License #0405884 Listed on: 08/19/2020

Last Buyer's Agent

Dan Anulare

RESULTS REALTY GROUP LLC License #3113619

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,837

Year Built

  • Built in 2008

Lot Details

  • 1.55 Acre Lot
  • Lot Dimensions are 100x530
  • 200 Feet of Waterfront
  • 100 Feet of Ocean or Gulf Waterfront
  • 100 Feet of Private Beach Waterfront
  • Private Beach
  • Key Lot That May Back To Multiple Homes
  • East Facing Home
  • Masonry wall
  • Electric Fence
  • Oversized Lot
  • Level Lot
  • Well Sprinkler System
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned RE2

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 5 Car Attached Garage
  • Parking Pad
  • Ground Level Parking
  • Garage Door Opener
  • Driveway

Property Views

  • Beach
  • Full Gulf or Ocean
  • Pool

Home Design

  • Custom Home
  • Contemporary Architecture
  • Slab Foundation
  • Membrane Roofing
  • Concrete Siding
  • Cement Siding
  • Block Exterior

Interior Spaces

  • 6,573 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar Fridge
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Shades
  • Blinds
  • Drapes & Rods
  • Sliding Doors
  • Great Room
  • Family Room
  • Home Theater
  • Den
  • Storage Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Gate
  • Medical Alarm
  • Fire and Smoke Detector

Pool

  • Heated Lap Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool
  • Outdoor Shower
  • Pool Tile
  • Auto Pool Cleaner
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Property is near a marina
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

  • Laurel Nokomis Elementary School
  • Laurel Nokomis Middle School
  • Venice Senior High School

Utilities

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

Community Details

  • Dawn Doughty And Jo Hale Association
  • Visit Association Website
  • Built by Michael Walker
  • Gedney Richard H Inc Community
  • Casey Key Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,837

Year Built

Built in 2008

Lot Details

0

HOA Fees

$21 per month

Parking

5

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Custom
  • Construction Materials: Block, Cement Siding, Concrete
  • Fireplace: No
  • Living Area: 6573
  • Lot Size Acres: 1.55
  • New Construction: No
  • Year Built: 2008
  • Building Area Total: 13528
  • Lot Size Sq Ft: 53078
  • Directions to Property: from 41 take Albee Raod to Casy Key and turn left. Property on gulf side of road.
  • Status: Sold
  • Street Direction: S
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 212649100
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 1072.57
  • Total Acreage: 1 to less than 2
  • Unit Number YN: 0
  • Water Access YN: 1
  • Attribution Contact: 941-685-0449
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Hardwood, Tile, Wood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Central Vaccum, Eat-in Kitchen, Elevator, High Ceilings, Open Floorplan, Skylight(s), Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 3
  • Window Features: Blinds, Drapes, Shades
  • Street Number Modifier: 612
  • ResoLivingAreaSource: Builder
  • Additional Rooms: Den/Library/Office,Family Room,Great Room,Inside Utility,Media Room,Storage Rooms
  • Living Area Meters: 610.65
  • Room Count: 10

Exterior Features

  • Direction Faces: East
  • Pool Features: Auto Cleaner, Gunite, Heated, In Ground, Lap, Lighting, Salt Water, Tile
  • Exterior Features: Balcony, Fence, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Sidewalk, Sliding Doors
  • Roof: Membrane, Other
  • Pool Private: Yes
  • View: Pool, Water
  • Water Body Name: CASEY KEY
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Front Porch, Patio, Rear Porch, Side Porch
  • Road Surface Type: Paved
  • Disclosures: Seller Property Disclosure
  • Water Access: Beach - Private,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Beach,Gulf/Ocean - Full,Gulf/Ocean to Bay
  • Water View YN: 1
  • Waterfront Feet Total: 200
  • Flood Zone Date: 2016-11-04
  • Water Frontage Feet Gulf Ocean: 100
  • Water Frontage Feet Beach Prvt: 100

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 5
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Ground Level, Oversized, Parking Pad

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Fiber Optics, Sprinkler Meter, Sprinkler Well, Water Connected
  • Cooling: Central Air, Humidity Control, Zoned
  • Heating: Central, Electric, Heat Pump, Zoned
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Public
  • Number Of Septics: 1

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Association Name: Dawn Doughty and Jo Hale
  • Association: Yes
  • Security: Fire Alarm, Medical Alarm, Security Gate, Security System, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 0
  • Complex Community Name Nccb: CASEY KEY
  • Association Fee Requirement: Optional
  • Association URL: www.caseykeyassociation.com

Fee Information

  • Total Annual Fees: 250.00
  • Total Monthly Fees: 20.83
  • Monthly HOA Amount: 20.83

Schools

  • Elementary School: Laurel Nokomis Elementary
  • High School: Venice Senior High
  • Middle Or Junior School: Laurel Nokomis Middle

Lot Info

  • Zoning: RE2
  • Parcel Number: 0174160008
  • Additional Parcels: No
  • Fencing: Electric, Masonry
  • Lot Features: Cleared, CoastalConstruction Control Line, Flood Insurance Required, FloodZone, In County, Key Lot, Level, Near Marina, Oversized Lot, Paved
  • Lot Dimensions: 100x530
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 4931
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Michael Walker

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 46837.45
  • Tax Lot: 24

Multi Family

  • Waterfront Features: Beach - Private, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2021
Sold by
Chertkow Doron and Chertkow Katie
Bought by
Chertkow Doron and Chertkow Katie
Current Estimated Value
$7,794,550

Purchase Details

Listed on
Aug 19, 2020
Closed on
Dec 28, 2020
Sold by
Muppavarapu Rajakumari and Muppavarapu Swaroop
Bought by
Chertkow Doron and Chertkow Katie
Seller's Agent
Karen Greco
GRECO REAL ESTATE
Buyer's Agent
Dan Anulare
RESULTS REALTY GROUP LLC
List Price
$7,995,000
Sold Price
$7,050,000
Premium/Discount to List
-$945,000
-11.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.04%

Purchase Details

Closed on
Jan 23, 2015
Sold by
Muppavarapu Rajakumari and Muppavarapu Swaroop
Bought by
Muppavarapu Rajakumari and Muppavarapu Swaroop

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,802,500
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 9, 2012
Closed on
Apr 5, 2012
Sold by
Hall Melissa and Hall Richard M
Bought by
Muppavarapu Rajakumari
Seller's Agent
Deborah Beacham
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Jayne Irene
List Price
$5,770,000
Sold Price
$5,770,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.22%
Original Mortgage
$2,700,000
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2007
Sold by
Hall Richard M and Hall Melissa
Bought by
Hall Melissa

Purchase Details

Closed on
Apr 21, 2005
Sold by
Bates H Scott
Bought by
Hall Richard M and Hall Melissa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,610,000
Interest Rate
5.88%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 28, 1998
Sold by
Deeds Rufus E and Deeds Mamie V
Bought by
Bates H Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.03%
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
Chertkow Doron -- Accommodation
Chertkow Doron $7,050,000 Attorney
Muppavarapu Rajakumari $1,901,300 Nations Title Agency Of Fl I
Muppavarapu Rajakumari $5,770,000 Attorney
Hall Melissa -- Attorney
Hall Richard M $2,300,000 Sunbelt Title Agency
Bates H Scott $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Muppavarapu Rajakumari K $3,475,000
Previous Owner Muppavarapu Rajakumari $3,802,500
Previous Owner Muppavarapu Rajakumari $192,000
Previous Owner Muppavarapu Rajakumari $2,700,000
Previous Owner Muppavarapu Rajakumari $1,570,000
Previous Owner Hall Richard M $1,610,000
Previous Owner Bates H Scott $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2021 03/28/21 Off Market $7,050,000 -- --
12/28/2020 12/28/20 Sold $7,050,000 -11.8% $1,073 / Sq Ft
11/25/2020 11/25/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $7,995,000 +38.6% $1,216 / Sq Ft
04/09/2012 04/09/12 Sold $5,770,000 0.0% $878 / Sq Ft
04/09/2012 04/09/12 Pending -- -- --
04/09/2012 04/09/12 For Sale $5,770,000 -- $878 / 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 $91,032 $7,365,400 $2,885,500 $4,479,900
2023 $91,032 $7,842,214 $0 $0
2022 $89,295 $7,613,800 $2,305,200 $5,308,600
2021 $72,751 $5,951,100 $1,892,000 $4,059,100
2020 $48,124 $3,873,730 $0 $0
2019 $46,837 $3,786,637 $0 $0
2018 $46,059 $3,716,032 $0 $0
2017 $45,917 $3,639,600 $1,526,000 $2,113,600
2016 $47,496 $3,691,100 $1,521,600 $2,169,500
2015 $51,813 $3,920,800 $1,713,700 $2,207,100
2014 $53,934 $4,110,415 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4474963

Stellar MLS

APN: 0174-16-0008