NOT LISTED FOR SALE

7101 Point of Rocks Cir Sarasota, FL 34242

Estimated Value: $4,823,000 - $5,333,195

4 Beds
3 Baths
2,764 Sq Ft
$1,812/Sq Ft Est. Value

Last Sold April 11, 2014

Last sale price $3,000,000 $1,085 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $30,219/month

3 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Beach Access
  • Oak Trees
  • Phillippi Shores Elementary School Rated A
  • Parking available for a boat
  • Full Gulf or Ocean Views

About This Home

As of April 2014

Imagine life in a sun-drenched coastal hideaway poised on one of the finest beaches in the world, and you will find yourself at "The Yellow Cottage" on Siesta Key. Originally built in 1921, this timeless reflection of Old Florida hugs the shores of Crescent Beach, a place where the very first owners would ride horse back through the gentle surf. A sophisticated blend of antique charm and Gulf front luxury, this gorgeous cottage was expanded in 1940 and again later in the 1990's. Original features like magnolia wood floors and pecky cypress beams harmonize with the sleek modernity of clean colors, granite counters and flashes of polished copper, while a grand stone fireplace, vaulted ceilings and an enchanting library further enhance the timeless characterof this historic property. Wake up to the view of the sun as it begins to spill across the Gulf, spend your day shelling, snorkeling or simply relaxing on the crystal quartz beach, and let your footprints in the sand lead you home.

Last Agent to Sell the Property

Jonathan Abrams

MICHAEL SAUNDERS & COMPANY License #3269275 Listed on: 02/28/2014

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Lee Mirman

INVESTMENTS IN SARASOTA License #3022993

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,728

Year Built

  • Built in 1940

Lot Details

  • 0.52 Acre Lot
  • 50 Feet of Waterfront
  • Property fronts gulf or ocean
  • Northeast Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Irrigation
  • Oak Trees
  • Property is zoned RE2

Parking

  • 4 Car Garage
  • Workshop in Garage
  • Garage Door Opener
  • Open Parking
  • Parking available for a boat

Home Design

  • Cape Cod Architecture
  • Key West Architecture
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 2,764 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • French Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Breakfast Room
  • Den
  • Full Gulf or Ocean Views
  • Crawl Space
  • Attic Ventilator
  • Security System Owned

Kitchen

  • Built-In Convection Oven
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Beach Access
  • Water access To Gulf or Ocean
  • Balcony
  • Deck
  • Patio
  • Separate Outdoor Workshop
  • Rain Gutters
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Point Of Rocks Community
  • Point Of Rocks Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0108180002
  • Tax Block A

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,728

Year Built

Built in 1940

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape Cod, Key West
  • Construction Materials: Wood Frame
  • Fireplace: Yes
  • Living Area: 2764
  • Lot Size Acres: 0.52
  • New Construction: No
  • Year Built: 1940
  • Building Area Total: 2895
  • Lot Size Sq Ft: 22529
  • Directions to Property: From Stickney Point Rd head south on Midnight Pass to Point of Rocks Rd, turn right, follow to Point of Rocks Circle, pull in 2nd drive on right.
  • Status: Sold
  • Homestead Y N: No
  • Total Acreage: 1/2 to less than 1
  • Home Warranty Y N: No
  • Subdivision Num: 0452
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.93897
  • Price per Sq Ft: 1085.38
  • Close to Original List Price Ratio: 0.93897
  • Ratio: Current Price\Building Area Total: 1036.27
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 3
  • Interior Amenities: Attic, Attic Ventilator, Built in Features, Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, High Ceiling(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Crawlspace
  • Total Bedrooms: 4
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 7101
  • Room Count: 9
  • Additional Rooms: Attic, Breakfast Room Separate, Den/Library/Office, Foyer
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northeast
  • Other Structures: Workshop
  • Exterior Features: Balcony, French Doors, Irrigation System, Other, Outdoor Shower, Rain Gutters
  • Roof: Metal
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch
  • Water View: Gulf/Ocean - Full
  • Water Access: Beach, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 50
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Boat, Garage Door Opener, Oversized, Workshop in Garage
  • Covered Parking Spaces: 4
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Fiber Optics, Gas, Public
  • Cooling: Central Air, Zoned
  • Heating: Central, Zoned
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Security System Owned
  • Senior Community: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: RE2
  • Parcel Number: 0108180002
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, Oversized Lot
  • Millage Rate: 13.54
  • Flood Zone Code: AE,VE
  • Future Land Use: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Expected Lease Date: 2014-04-11T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 14728
  • Tax Block: A
  • Tax Book Number: 01/216

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2015
Sold by
Wooten Rosalie O Reilly
Bought by
Wooten Rosalie O Reilly
Current Estimated Value
$5,009,398

Purchase Details

Listed on
Feb 28, 2014
Closed on
Apr 11, 2014
Sold by
Abrams James D
Bought by
Wooten Rosalie Oreilly
Seller's Agent
Jonathan Abrams
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Lee Mirman
INVESTMENTS IN SARASOTA
List Price
$3,195,000
Sold Price
$3,000,000
Premium/Discount to List
-$195,000
-6.1%

Purchase Details

Closed on
Sep 30, 1997
Sold by
Reyno Edward and Reyno Gaynell
Bought by
Abrams James D
Source: Public Records

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 Buyer Sale Price Title Company
Wooten Rosalie O Reilly -- Attorney
Wooten Rosalie Oreilly $3,000,000 Attorney
Abrams James D $882,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2014 04/11/14 Sold $3,000,000 -6.1% $1,085 / Sq Ft
03/04/2014 03/04/14 Pending -- -- --
02/28/2014 02/28/14 For Sale $3,195,000 -- $1,156 / 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 $43,935 $3,237,883 -- --
2023 $43,935 $4,428,900 $2,925,200 $1,503,700
2022 $40,278 $4,007,600 $2,816,100 $1,191,500
2021 $32,211 $2,733,900 $1,907,000 $826,900
2020 $29,107 $2,355,500 $1,696,000 $659,500
2019 $25,731 $2,047,500 $1,357,700 $689,800
2018 $23,238 $1,827,700 $1,164,500 $663,200
2017 $24,207 $1,872,300 $1,164,500 $707,800
2016 $26,577 $2,038,200 $1,378,600 $659,600
2015 $24,437 $1,797,600 $1,188,900 $608,700
2014 $18,314 $835,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3993715

Stellar MLS

APN: 0108-18-0002