NOT LISTED FOR SALE

707 Norsota Way Sarasota, FL 34242

Estimated Value: $3,138,000 - $5,443,000

4 Beds
4.5 Baths
3,798 Sq Ft
$1,238/Sq Ft Est. Value

Last Sold December 13, 2013

Last sale price $2,295,000 $604 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $30,468/month

387 Days on Market

Highlights

  • 100 Feet of Waterfront
  • White Water Ocean Views
  • Access to Bay or Harbor
  • Phillippi Shores Elementary School Rated A
  • Boat Dock
  • Indoor Pool

About This Home

As of December 2013

THIS IS NOT TO BE MISSED!! ..... Located on the premier Street on Siesta Key, this custom Bay-Front Home has maintained the integrity of "Old Siesta Key Style" with all of the updated amenities! All new hurricane windows, new A/C, 2 X 50' boat docks, fabulous gourmet kitchen, Resort Style pool area! As you enter, the vaulted ceilings and Pecky Cypress of the living room remind you of years past, yet all of the updates allow for today's comforts. What is most impressive are the incredible views of theBay, Sarasota Skyline and St. Armands Bridge.

Last Agent to Sell the Property

Karen Chandler

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-349-3444 License #0610388 Listed on: 10/02/2012

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Curt Cogan

COGAN REALTY LLC License #462035

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,414

Year Built

  • Built in 1938

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 100x157x100x159
  • 100 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • South Facing Home
  • Property is zoned RSF1

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Custom Home
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 3,798 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Separate Formal Living Room
  • Formal Dining Room
  • Inside Utility
  • White Water Ocean Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Indoor Pool
  • Access to Bay or Harbor
  • Deeded Boat Dock

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 2019090031

Community Details

Overview

  • No Home Owners Association
  • Bay Island Community
  • Bay Island Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,414

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Wood Frame
  • Fireplace: Yes
  • Living Area: 3798
  • Lot Size Acres: 0.42
  • New Construction: No
  • Year Built: 1938
  • Building Area Total: 3898
  • Lot Size Sq Ft: 18250
  • Directions to Property: Siesta Drive to right to Norsota Way - property on right.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • List Office Head Office Key Nume: 1046728
  • RATIO Current Price By Calculate: 604.27
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • MFR_DockDescription: Dock - Slip Deeded On-Site
  • MFR_CommunityAssociationWaterFeatures: Dock
  • Attribution Contact: 941-349-3444
  • Tax Year: 2011
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Wood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Vaulted Ceiling(s)
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Street Number Modifier: 707
  • ResoLivingAreaSource: Owner
  • Additional Rooms: Formal Dining Room Separate,Formal Living Room Separate,Foyer,Inside Utility
  • Living Area Meters: 352.85
  • Room Count: 8

Exterior Features

  • Direction Faces: South
  • Pool Features: Indoor
  • Roof: Metal
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Water Body Name: SARASOTA BAY
  • Waterfront: Yes
  • Water Access: Bay/Harbor
  • Water Extras YN: 0
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 100

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Utilities: Cable Connected, Electricity Connected, Gas, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central, Zoned
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Schools

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

Lot Info

  • Zoning: RSF1
  • Parcel Number: 2019090031
  • Additional Parcels: No
  • Lot Features: FloodZone, City Limits
  • Lot Dimensions: 100x157x100x159
  • Homestead YN: 1
  • Zoning Compatible YN: 1
  • Future Land Use: 0100

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2013-12-13T00:00:00.000

Tax Info

  • Tax Annual Amount: 27414
  • Tax Book Number: 0002/0171
  • Tax Lot: 9

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2024
Sold by
Daves Kevin and Daves Lynda
Bought by
Lynda A Daves Revocable Trust and Daves
Current Estimated Value
$4,830,674

Purchase Details

Closed on
Jan 3, 2019
Sold by
Crenshaw Properties Fla Llc
Bought by
Daves Kevin and Daves Lynda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,114,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 20, 2014
Sold by
Cogan Christopher G and Cogan Aimee D
Bought by
Crenshaw Properties Fla Llc

Purchase Details

Listed on
Oct 2, 2012
Closed on
Dec 13, 2013
Sold by
Mcale Anthony J and Micale Mari Lydia
Bought by
Cogan Christopher G and Cogan Aimee D
Seller's Agent
Karen Chandler
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Curt Cogan
COGAN REALTY LLC
List Price
$2,675,000
Sold Price
$2,295,000
Premium/Discount to List
-$380,000
-14.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%
Original Mortgage
$1,836,000
Interest Rate
2.35%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 28, 2000
Sold by
Micale Anthony J and Micale Nancy May
Bought by
Micale Anthony J
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
Lynda A Daves Revocable Trust $100 None Listed On Document
Daves Kevin $3,114,000 Attorney
Crenshaw Properties Fla Llc $2,400,000 Attorney
Cogan Christopher G $2,295,000 Attorney
Micale Anthony J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daves Kevin F $1,083,000
Previous Owner Daves Kevin $1,114,000
Previous Owner Crenshaw Properties Fla Llc $1,400,000
Previous Owner Cogan Aimee D $1,836,000
Previous Owner Micale Anthony J $300,000
Previous Owner Micale Anthony J $150,000
Previous Owner Micale Anthony J $800,300
Previous Owner Micale Anthony J $450,000
Previous Owner Micale Anthony J $500,000
Previous Owner Micale Anthony J $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2013 12/13/13 Sold $2,295,000 -10.9% $604 / Sq Ft
10/25/2013 10/25/13 Pending -- -- --
09/18/2013 09/18/13 Price Changed $2,575,000 -3.7% $678 / Sq Ft
03/15/2013 03/15/13 For Sale $2,675,000 0.0% $704 / Sq Ft
03/07/2013 03/07/13 Pending -- -- --
01/22/2013 01/22/13 Price Changed $2,675,000 -7.8% $704 / Sq Ft
10/02/2012 10/02/12 For Sale $2,900,000 -- $764 / 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 $48,225 $3,374,779 -- --
2023 $48,225 $3,276,484 $0 $0
2022 $47,197 $3,181,052 $0 $0
2021 $47,719 $3,088,400 $2,477,800 $610,600
2020 $39,710 $2,466,000 $1,911,900 $554,100
2019 $39,717 $2,474,200 $2,130,400 $343,800
2018 $39,020 $2,422,700 $2,045,700 $377,000
2017 $39,269 $2,392,654 $0 $0
2016 $37,833 $2,419,300 $1,966,500 $452,800
2015 $33,515 $1,977,400 $1,610,100 $367,300
2014 $25,625 $1,671,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3966669

Stellar MLS

APN: 2019-09-0031