NOT LISTED FOR SALE

Estimated Value: $3,918,000 - $5,560,000

4 Beds
4 Baths
4,077 Sq Ft
$1,127/Sq Ft Est. Value

Sale Details

Date Sold: January 17, 2014

Last sale price $1,625,000 $399 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $25,020 / mo

336 Days on Market

Highlights

  • White Water Ocean Views
  • Guest House
  • Deeded Boat Dock
  • Southside Elementary School Rated A
  • Access to Bay or Harbor
  • Property Fronts a Bay or Harbor

About This Home

As of January 2014

Active with Contract. Exquisite tropical privacy is yours to enjoy in this vintage waterfront home on Lido Key. Set within easy walking distance of St. Armands Circle, Lido Beach and South Lido Park you'll awaken each day to a superb view of Sarasota Bay, including a mangrove island whose protected natural beauty can never be encroached on. Inside the home, the key word is "spacious." With floor to ceiling windows to impart a feeling of openness, along with a split floor plan that includes a separate guest wing with two bedrooms, you will never want for more room to spread out. Central to the home are the living, dining and great rooms; which are set apart from one anotehr by pillars and archways with a decided European flair. The unusually large kitchen features a double-sided fireplace, whose warmth and ambiance can also be enjoyed from the living room. The large master suite includes a large spa-like bath, cedar closet; and an attached office with its own private entrance. Luxury extras includea guest cottage with fireplace, private boat dock fronting sailboat water; and a screened-in lanai with heated pool, covered dining pavilion and plenty of room to entertain. All this is surrounded by lush landscaping, mature palm trees, a pavered entry;and coquina shell path that encircles the home. You'll thoroughly delight in this hidden gem of a property tucked discretely inside one of Sarasota's most beautiful and sought-after neighborhoods. Maraco shutters do not convey.

Last Agent to Sell the Property

Sara Leicht

SARASELLSSARASOTA.COM Brokerage Phone: 941-966-8000 License #3047662 Listed on: 12/03/2012

Last Buyer's Agent

Jo Rutstein

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3085661

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,413

Year Built

  • Built in 1951

Lot Details

  • 18,864 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Southwest Facing Home
  • Mature Landscaping
  • Fruit Trees
  • Property is zoned RSF1

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Florida Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,077 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Ceiling Fan
  • Gas Fireplace
  • Sliding Doors
  • Separate Formal Living Room
  • Breakfast Room
  • Formal Dining Room
  • Inside Utility
  • White Water Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Heated Indoor Pool
  • Screened Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Access to Bay or Harbor
  • Seawall
  • Deeded Boat Dock
  • Outdoor Kitchen

Additional Homes

  • Guest House

Schools

  • Southside Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • Lido Beach Community
  • Lido Beach Subdivision

Listing and Financial Details

  • Legal Lot and Block 17 / 59
  • Assessor Parcel Number 2016060059

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,413

Year Built

Built in 1951

Lot Details

0.43 Acres

HOA Fees

$2 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Florida
  • Construction Materials: Wood Frame
  • Fireplace: Yes
  • Living Area: 4077
  • Lot Size Acres: 0.43
  • New Construction: No
  • Year Built: 1951
  • Building Area Total: 4958
  • Lot Size Sq Ft: 18864
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 460.61
  • RATIO Current Price By Calculate: 398.58
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • MFR_DockDescription: Dock - Slip Deeded On-Site
  • Attribution Contact: 941-966-8000
  • Tax Year: 2011
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 4
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Primary Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s), Wet Bar
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Yn: Yes
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Breakfast Room Separate,Formal Dining Room Separate,Formal Living Room Separate,Inside Utility,Interior In-Law Suite
  • Living Area Meters: 378.77

Exterior Features

  • Direction Faces: Southwest
  • Other Structures: Guest House, Outdoor Kitchen
  • Pool Features: Heated, Indoor, Screen Enclosure
  • Exterior Features: Outdoor Kitchen, Sliding Doors
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Disclosures: HOA/PUD/Condo Disclosure, Lead Paint, Seller Property Disclosure
  • Water Access: Bay/Harbor
  • Water Extras: Sailboat Water,Seawall - Concrete
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, In Garage

Utilities

  • Utilities: Cable Available, Sprinkler Meter
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 20
  • Association Fee Frequency: Annually
  • Association: No
  • Security: Smoke Detector(s)
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 20.00
  • Total Monthly Fees: 1.67

Schools

  • Elementary School: Southside Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: RSF1
  • Parcel Number: 2016060059
  • Additional Parcels: No
  • Lot Features: City Limits, Paved
  • Future Land Use: 010X

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2014-01-17T00:00:00.000

Tax Info

  • Tax Annual Amount: 23413
  • Tax Block: 59
  • Tax Book Number: 0002/0208
  • Tax Lot: 17

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2015
Sold by
Bailey Ann C
Bought by
Bailey Frank R
Current Estimated Value
$3,899,791

Purchase Details

Closed on
Dec 15, 2014
Sold by
Bailey Frank R
Bought by
Bailey Frank R

Purchase Details

Closed on
Mar 24, 2014
Sold by
Bailey Frank R
Bought by
Bailey Frank R and Bailey Helena

Purchase Details

Listed on
Dec 3, 2012
Closed on
Jan 14, 2014
Sold by
Musios Timothy J
Bought by
Retzlaff Steven and Retzlaff Karin Sallmann
Seller's Agent
Sara Leicht
SARASELLSSARASOTA.COM
Buyer's Agent
Jo Rutstein
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$2,300,000
Sold Price
$1,625,000
Premium/Discount to List
-$675,000
-29.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%

Purchase Details

Closed on
Nov 19, 2012
Sold by
Musios Timothy
Bought by
Musios Timothy J

Purchase Details

Closed on
Jun 5, 2000
Sold by
Musios Timothy J
Bought by
Musios Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.14%

Purchase Details

Closed on
Jun 1, 1998
Sold by
Chillington Invest Ltd
Bought by
Gerhardt Paul L and Gerhardt Barbara P

Purchase Details

Closed on
Aug 4, 1994
Sold by
Touratsos Orestes J
Bought by
Touratsos Orestes J and Touratsos Bridget M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$662,000
Interest Rate
8.53%
Source: Public Records
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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
Bailey Frank R $51,300 Attorney
Bailey Frank R $51,300 Attorney
Bailey Frank R $51,300 Attorney
Bailey Frank R -- Attorney
Bailey Frank R -- Attorney
Bailey Ann C -- Attorney
Bailey Frank R -- Attorney
Bailey Frank R -- Attorney
Retzlaff Steven $1,625,000 Attorney
Musios Timothy J -- Attorney
Musios Timothy -- --
Musios Timothy J $1,200,000 --
Musios Timothy -- --
Musios Timothy J $1,200,000 --
Gerhardt Paul L $700,000 --
Gerhardt Paul L $700,000 --
Touratsos Orestes J -- --
Touratsos Jack O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Musios Timothy J $500,000
Previous Owner Touratsos Jack O $662,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2014 01/17/14 Sold $1,625,000 -13.9% $399 / Sq Ft
11/05/2013 11/05/13 Pending -- -- --
10/09/2013 10/09/13 Price Changed $1,888,000 -5.6% $463 / Sq Ft
08/13/2013 08/13/13 Price Changed $1,999,000 -9.1% $490 / Sq Ft
07/03/2013 07/03/13 Price Changed $2,200,000 -4.3% $540 / Sq Ft
12/03/2012 12/03/12 For Sale $2,300,000 -- $564 / Sq Ft
Source: Stellar MLS

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
2025 $50,395 $2,543,340 -- --
2024 $48,662 $2,660,027 -- --
2023 $48,662 $4,426,000 $3,673,400 $752,600
2022 $41,049 $3,414,900 $2,732,000 $682,900
2021 $33,947 $2,348,500 $1,912,800 $435,700
2020 $29,616 $1,828,900 $1,413,900 $415,000
2019 $30,038 $1,859,900 $1,413,900 $446,000
2018 $31,797 $1,964,400 $1,512,900 $451,500
2017 $30,910 $1,890,300 $1,454,600 $435,700
2016 $31,626 $1,901,300 $1,440,200 $461,100
2015 $28,841 $1,692,800 $1,333,000 $359,800
2014 $25,456 $1,496,061 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3969675

Stellar MLS

APN: 2016-06-0059

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