$2,391,500
SOLD DEC 11, 2020

620 Mangrove Point Rd Sarasota, FL 34242

4 Beds
4.5 Baths
4,146 Sq Ft
0.29 Acres

Recently Sold

$577 Per Sq Ft

13% Below List Price

44 Days on Market

Highlights

  • 59 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Oak Trees
  • Phillippi Shores Elementary School Rated A
  • Boat Lift
  • Home Theater

About This Home

As of February 2021

Coastal elegance on a long-range view canal-front setting. This Coastal Contemporary home epitomizes the Florida lifestyle realized in this distinguished Siesta Key dream home. Tropical landscaping and mature winding oaks create a vibrant picture surrounding the home with a circular drive, setting the tone for appreciating natural beauty inside and out. Ascending the natural coral entrance to the custom glass double doors, picture-frame windows present a striking view of the water through the breathtaking open-concept floorplan. Soaring ceilings capped in crown molding, floating shelves and built-ins, Blond Brazilian cherry wood floors and a Coral clad fireplace accent the grandeur of one spacious living area that combines the great room, dining room and gourmet kitchen. Effortless and efficient, every space is touched by natural light from windows that can be opened to let in the Gulf breezes. Impressive windows in the kitchen offer views of the front landscaping for a feeling of being one with nature no matter where you turn while preparing meals with plenty of new quartzite countertops, a large island with peninsula seating, built-in ovens, custom oak cabinetry, and gas stove. A gorgeous wet bar with generous wine refrigerator is just off the dining room to hold all your favorite beverages and an adjacent game media room with wet bar continues the fun for any occasion. The master suite is a sanctuary for self-indulgence with canal views and en-suite bath boasting a soaking tub and walk-in shower. Two additional en-suite bedrooms are also located on the main level. The third is a completely private loft style room. Appreciate the luxury of waterfront living on the covered lanai with tongue-and-groove ceiling, full coral columns, floor and walls and summer kitchen overlooking the heated pool and spa reminding you of a Mediterranean retreat. On the deepwater canal, your private dock with a 15,000-lb lift offers you nearly immediate access to the Intercoastal Waterway. Lavish sensational and extraordinary, welcome to living the life you deserve.

Last Agent to Sell the Property

Michael Hays

MICHAEL SAUNDERS & COMPANY License #3188992 Listed on: 08/26/2020

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Stacy Hanan

MICHAEL SAUNDERS & COMPANY License #3121519

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,317

Year Built

  • Built in 2006

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 155x59
  • 59 Feet of Waterfront
  • Property fronts a saltwater canal
  • North Facing Home
  • Wood Fence
  • Child Gate Fence
  • Mature Landscaping
  • Level Lot
  • Irregular Lot
  • Irrigation
  • Oak Trees
  • Property is zoned RSF2

Parking

  • 3 Car Attached Garage
  • Ground Level Parking
  • Garage Door Opener
  • Circular Driveway
  • Secured Garage or Parking
  • Open Parking

Property Views

  • Bayou
  • Canal

Home Design

  • Contemporary Architecture
  • Florida Architecture
  • Slab Foundation
  • Stem Wall Foundation
  • Metal Roof
  • Block Exterior
  • Stone Siding
  • Stucco

Interior Spaces

  • 4,146 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar Fridge
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Shades
  • Blinds
  • French Doors
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Home Theater
  • Loft
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • <<builtInOvenToken>>
  • Cooktop<<rangeHoodToken>>
  • Recirculated Exhaust Fan
  • <<microwave>>
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal
  • Reverse Osmosis System

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector
  • Pest Guard System

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Saltwater Pool
  • Pool is Self Cleaning
  • Outdoor Shower
  • Outside Bathroom Access

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Access To Bayou
  • Access to Saltwater Canal
  • Dock has access to water
  • Seawall
  • Boat Lift
  • Dock made with Composite Material
  • Deck
  • Covered patio or porch
  • Outdoor Kitchen
  • Outdoor Grill
  • Rain Gutters

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Thermostat
  • Natural Gas Connected
  • Electric Water Heater
  • Fiber Optics Available
  • Phone Available
  • Cable TV Available

Community Details

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

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,317

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Florida
  • Construction Materials: Block, Stone, Stucco
  • Fireplace: Yes
  • Living Area: 4146
  • Lot Size Acres: 0.29
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 5588
  • Lot Size Sq Ft: 12797
  • Directions to Property: South on Higel/Shell Rd go through MPR light to the left and make a right onto Mangrove Point Road. Home is on the left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4475634?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4475634?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.86964
  • Price per Sq Ft: 576.82
  • Close to Original List Price Ratio: 0.86964
  • Ratio: Current Price\Building Area Total: 427.97
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Marble, Tile, Hardwood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Cathedral Ceiling(s), Ceiling Fans(s), Central Vaccum, Coffered Ceiling(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Pest Guard System, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Kitchen Reverse Osmosis System, Microwave, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab, Stem Wall
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: Blinds, Shades
  • Street Number Modifier: 620
  • Room Count: 8
  • Additional Rooms: Great Room, Inside Utility, Loft, Media Room

Exterior Features

  • Direction Faces: North
  • Pool Features: Child Safety Fence, Heated, In Ground, Outside Bath Access, Salt Water, Self Cleaning
  • Exterior Features: Fenced, French Doors, Irrigation System, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Rain Gutters
  • Roof: Metal
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Front Porch, Porch, Rear Porch
  • Road Surface Type: Paved, Asphalt
  • Water View: Bayou, Canal
  • Water Access: Bay/Harbor, Bayou, Canal - Saltwater, Gulf/Ocean, Intracoastal Waterway
  • Water Extras: Dock - Composite, Dock w/Electric, Dock w/Water Supply, Lift, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 59
  • Water Frontage Feet Canal Salt: 59
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage Door Opener, Ground Level, Guest, Open, Oversized
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fiber Optics, Natural Gas Connected, Phone Available, Public, Street Lights, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Heat Pump, Zoned
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Fire Alarm, Secured Garage/Parking, Security System, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0079070019
  • Additional Parcels: No
  • Fencing: Wood
  • Lot Features: Flood Insurance Required, FloodZone, Irregular Lot, Level
  • Lot Dimensions: 155x59
  • Property Attached Yn: No
  • Flood Zone Code: AE

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 18317.09
  • Tax Book Number: 18-44
  • Tax Lot: 18

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2021
Closed on
Feb 18, 2021
Sold by
Hanan Benjamin R and Hanan Stacy G
Bought by
Carroll Darren J and Layton Carroll Rene
Seller's Agent
Stacy Hanan
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Mike Warm
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$2,570,000
Sold Price
$2,570,000
Current Estimated Value
$3,299,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$729,343
Avg. Annual Appreciation
8.11%
Original Mortgage
$1,370,000
Outstanding Balance
$1,241,026
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$2,384,278

Purchase Details

Listed on
Aug 26, 2020
Closed on
Dec 11, 2020
Sold by
Kane Ryan K and Moser Amanda
Bought by
Hanan Benjamin R and Hanan Stacy G
Seller's Agent
Michael Hays
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Stacy Hanan
MICHAEL SAUNDERS & COMPANY
List Price
$2,750,000
Sold Price
$2,391,500
Premium/Discount to List
-$358,500
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.06%
Original Mortgage
$1,500,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 2, 2017
Closed on
Nov 13, 2017
Sold by
Marin Eduardo L and Marin Jane R
Bought by
Kane Ryan K
Seller's Agent
Jay Travis
RE/MAX ALLIANCE GROUP
Buyer's Agent
Betsy De Manio
COLDWELL BANKER REALTY
List Price
$2,490,000
Sold Price
$1,900,000
Premium/Discount to List
-$590,000
-23.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%
Original Mortgage
$140,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2009
Sold by
Laskey John T and Laskey Sally S
Bought by
Marin Eduardo L and Marin Jane Robyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,225,000
Interest Rate
5.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2003
Sold by
Davis Louis P and Davis Emily C
Bought by
Laskey John T and Laskey Sally S

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
5.75%
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $2,570,000 Attorney
Warranty Deed $2,391,500 Attorney
Warranty Deed $1,900,000 Attorney
Warranty Deed $2,225,000 Attorney
Warranty Deed $625,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,370,000 New Conventional
Previous Owner $1,500,000 New Conventional
Previous Owner $140,000 New Conventional
Previous Owner $1,225,000 New Conventional
Previous Owner $650,000 Credit Line Revolving
Previous Owner $150,000 Credit Line Revolving
Previous Owner $500,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2021 02/18/21 Sold $2,570,000 0.0% $620 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $2,570,000 +7.5% $620 / Sq Ft
12/11/2020 12/11/20 Sold $2,391,500 -13.0% $577 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $2,750,000 0.0% $663 / Sq Ft
08/29/2020 08/29/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $2,750,000 +44.7% $663 / Sq Ft
08/17/2018 08/17/18 Off Market $1,900,000 -- --
11/17/2017 11/17/17 Sold $1,900,000 -4.5% $458 / Sq Ft
10/08/2017 10/08/17 Pending -- -- --
10/03/2017 10/03/17 Price Changed $1,990,000 -20.1% $480 / Sq Ft
02/02/2017 02/02/17 For Sale $2,490,000 -- $601 / 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 $29,530 $2,576,820 -- --
2023 $29,530 $2,501,767 $0 $0
2022 $28,892 $2,428,900 $913,600 $1,515,300
2021 $21,819 $1,732,300 $672,200 $1,060,100
2020 $18,063 $1,430,100 $526,700 $903,400
2019 $18,317 $1,458,699 $0 $0
2018 $17,996 $1,431,500 $586,700 $844,800
2017 $17,613 $1,341,100 $450,500 $890,600
2016 $29,812 $2,318,300 $462,000 $1,856,300
2015 $27,547 $2,062,400 $490,200 $1,572,200
2014 $24,591 $1,729,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4475634

Stellar MLS

APN: 0079-07-0019