NOT LISTED FOR SALE

Estimated Value: $3,230,000 - $4,044,000

4 Beds
3 Baths
3,760 Sq Ft
$993/Sq Ft Est. Value

Last Sold July 18, 2013

Last sale price $1,500,000 $399 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $22,378/month

77 Days on Market

Highlights

  • 42 Feet of Waterfront
  • White Water Ocean Views
  • Deeded Boat Dock
  • Southside Elementary School Rated A
  • Access To Intracoastal Waterway
  • Solar Heated Indoor Pool

About This Home

As of July 2013

REDUCED $50k and PRICED TO SELL!!! This rarely available property is the best priced home per foot on open water. Exquisitely located only 2 blocks from Lido Beach or St. Armand's Circle, this distinctive home was designed and built by the owner/architectin 1977. This contemporary design features bold lines, exposed concrete block, rich wood accents, a spiral staircase, and unobstructed views from the front entry to the rear of the home. The modern, Pacific infused style provides a wealth of opportunityfor updating and remodeling this fabulous home. This design had "green features" before "green features" happened to be in our vocabulary. The concrete blocks were injected with foam to maximize their insulating capability, as well as 3' overhangs. You are welcomed to this home with the presence of a large, mango tree at the entry. As you enter, you can see straight through a flowing path to the pool area and open bay beyond. The waterside of this home sits in an environmentally protected area directly on Sarasota Bay, welcoming manatees, plentiful fish, tropical birds, and other Florida marine life and fauna. There are no bridges from your dock to the open waters of Sarasota Bay and the Gulf of Mexico! Site Plan available w/ room to accommodate significant remodel and/or additional living area. We welcome you to come view this treasure in architectural design and to own a piece of Sarasota's structural art history. Owner will consider lease/purchase or short term 1st mortgage.

Last Agent to Sell the Property

Brandy Coffey

KELLER WILLIAMS ISLAND LIFE REAL ESTATE License #3340741 Listed on: 01/09/2013

KELLER WILLIAMS ISLAND LIFE REAL ESTATE

Co-Listed By

Mike Padgett

COLDWELL BANKER REALTY License #3228937

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,832

Year Built

  • Built in 1977

Lot Details

  • 0.3 Acre Lot
  • 42 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • South Facing Home
  • Mature Landscaping
  • Irrigation
  • Fruit Trees
  • Property is zoned RSF1

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway

Property Views

  • White Water Ocean
  • Intracoastal

Home Design

  • Contemporary Architecture
  • Bi-Level Home
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 3,760 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Separate Formal Living Room
  • Breakfast Room
  • Formal Dining Room
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Brick
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Solar Heated Indoor Pool
  • Screened Pool
  • Fence Around Pool
  • Auto Pool Cleaner

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • No Fixed Bridges
  • Seawall
  • Deeded Boat Dock
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • St Armands Division Community
  • Lido Beach Div B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2016060062

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,832

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Other
  • Construction Materials: Block, Wood Frame
  • Fireplace: No
  • Living Area: 3760
  • Lot Size Acres: 0.3
  • New Construction: No
  • Year Built: 1977
  • Lot Size Sq Ft: 12889
  • Directions to Property: West over John Ringling Causeway towards St. Armands Circle. Turn left on South Washington and follow to end. Then left (South)on S. Blvd. of Pres. over small bridge. Then left on Tyler Drive.
  • Status: Sold
  • Co List Office Mls Id: MFR281518591
  • Co List Office Phone: 941-404-4737
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1044707
  • RATIO Current Price By Calculate: 398.94
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • MFR_DockDescription: Dock - Slip Deeded On-Site
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Brick, Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Open Floorplan, Stone Counters, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Window Features: Window Treatments
  • Street Number Modifier: 701
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Breakfast Room Separate,Formal Dining Room Separate,Formal Living Room Separate
  • Living Area Meters: 349.32
  • Room Count: 11

Exterior Features

  • Direction Faces: South
  • Pool Features: Auto Cleaner, Indoor, Screen Enclosure, Solar Heat
  • Exterior Features: Irrigation System, Lighting, Rain Gutters, Sliding Doors
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Water Body Name: SARASOTA BAY/OTTER KEY AREA
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Water Access: Bay/Harbor,Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges,Sailboat Water,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 42

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Oversized

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sprinkler Meter, Street Lights
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Zoning: RSF1
  • Parcel Number: 2016060062
  • Additional Parcels: No
  • Lot Features: City Limits, Paved
  • Homestead YN: 1
  • Zoning Compatible YN: 1
  • Future Land Use: 0100

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Expected Lease Date: 2013-07-18T00:00:00.000

Tax Info

  • Tax Annual Amount: 10832
  • Tax Book Number: 0002/0208

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2013
Closed on
Jul 17, 2013
Sold by
Padgett James C and Padgett Giuseppina
Bought by
Glasgold Mark J and Glasgold Kara A
Seller's Agent
Brandy Coffey
KELLER WILLIAMS ISLAND LIFE REAL ESTATE
List Price
$1,697,500
Sold Price
$1,500,000
Premium/Discount to List
-$197,500
-11.63%
Current Estimated Value
$3,734,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,234,021
Avg. Annual Appreciation
9.36%
Original Mortgage
$1,050,000
Outstanding Balance
$775,421
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$3,637,843
Source: Public Records

Range of Values:

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Average Value
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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
Glasgold Mark J $1,500,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glasgold Mark J $370,000
Open Glasgold Mark J $1,050,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2013 07/18/13 Sold $1,500,000 -9.0% $399 / Sq Ft
03/28/2013 03/28/13 Pending -- -- --
03/05/2013 03/05/13 Price Changed $1,647,500 -2.9% $438 / Sq Ft
01/09/2013 01/09/13 For Sale $1,697,500 -- $451 / 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 $24,388 $1,708,745 -- --
2023 $24,388 $1,653,539 $0 $0
2022 $23,823 $1,605,378 $0 $0
2021 $23,989 $1,558,619 $0 $0
2020 $24,283 $1,537,100 $1,126,600 $410,500
2019 $24,716 $1,568,100 $1,126,600 $441,500
2018 $27,292 $1,724,900 $1,212,900 $512,000
2017 $25,188 $1,578,000 $1,217,400 $360,600
2016 $25,167 $1,550,600 $1,205,300 $345,300
2015 $23,197 $1,360,800 $1,056,100 $304,700
2014 $23,109 $740,036 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3971293

Stellar MLS

APN: 2016-06-0062