NOT LISTED FOR SALE

7140 Point of Rocks Cir Sarasota, FL 34242

Estimated Value: $2,332,000 - $10,494,021

2 Beds
2 Baths
1,854 Sq Ft
$3,459/Sq Ft Est. Value

Last Sold October 22, 2018

Last sale price $3,300,000 $1,780 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $41,890/month

258 Days on Market

Highlights

  • 120 Feet of Waterfront
  • Beach View
  • Water access To Gulf or Ocean
  • Phillippi Shores Elementary School Rated A
  • Parking available for a boat
  • 1.02 Acre Lot

About This Home

As of October 2018

Beautiful Gulf front lot on Siesta Key with 120' of Gulf frontage. Build your dream home here with unobstructed views of the gulf of Mexico. This lot can be split in to two buildable lots after existing home is removed or modified. Existing stairway to beach and to some of the best snorkeling areas around. Siesta Key circle is a Peaceful location with little traffic.

Last Agent to Sell the Property

Tom Ward

WATERSIDE REALTY LLC License #0644199 Listed on: 10/23/2017

Last Buyer's Agent

Tom Ward

WATERSIDE REALTY LLC License #0644199 Listed on: 10/23/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,125

Year Built

  • Built in 1947

Lot Details

  • 1.02 Acre Lot
  • 120 Feet of Waterfront
  • Property fronts gulf or ocean
  • Property is zoned RE2

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,854 Sq Ft Home
  • Blinds
  • Carpet
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Carport Space
  • Parking available for a boat

Additional Features

  • Water access To Gulf or Ocean
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Point Of Rocks Community
  • Point Of Rocks Sub Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,125

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1854
  • Lot Size Acres: 1.02
  • New Construction: No
  • Year Built: 1947
  • Building Area Total: 1954
  • Lot Size Sq Ft: 44447
  • Directions to Property: South from Stickney Point bridge on midnight pass. right on point of rocks road then right on point on point of rocks circle house on the right 7140
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4198882&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4198882&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 1 to less than 2
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.94313
  • Price per Sq Ft: 1779.94
  • Close to Original List Price Ratio: 0.94313
  • Ratio: Current Price\Building Area Total: 1688.84
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 7140
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Water View: Beach, Gulf/Ocean - Full
  • Water Access: Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0206F
  • Waterfront Frontage: 120
  • Water Frontage Feet Gulf Ocean: 120

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Boat
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Lot Info

  • Zoning: RE2
  • Parcel Number: 0108230009
  • Additional Parcels: No
  • Lot Features: In County
  • Millage Rate: 12.91
  • Flood Zone Code: VE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: 1 Month
  • Num Timesper Year: 12
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 25125
  • Tax Block: B
  • Tax Book Number: 2-56
  • Tax Lot: 2

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2017
Closed on
Oct 22, 2018
Sold by
Robinson Philip Gavin and Robinson James Milo
Bought by
Wijas Michael J and Wijas Monica A
Seller's Agent
Tom Ward
WATERSIDE REALTY LLC
Buyer's Agent
Tom Ward
WATERSIDE REALTY LLC
List Price
$3,499,000
Sold Price
$3,300,000
Premium/Discount to List
-$199,000
-5.69%
Current Estimated Value
$6,413,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,113,011
Avg. Annual Appreciation
10.03%
Original Mortgage
$1,999,999
Outstanding Balance
$1,715,063
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,697,948

Purchase Details

Listed on
Oct 23, 2017
Closed on
Oct 12, 2018
Sold by
Brock Valerie
Bought by
Robinson Philip Gavin and Robinson John Preble
Seller's Agent
Tom Ward
WATERSIDE REALTY LLC
Buyer's Agent
Tom Ward
WATERSIDE REALTY LLC
List Price
$3,499,000
Sold Price
$3,300,000
Premium/Discount to List
-$199,000
-5.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,999,999
Outstanding Balance
$1,715,063
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,697,948

Purchase Details

Listed on
Oct 23, 2017
Closed on
Oct 11, 2018
Sold by
Wright Robin
Bought by
Robinson Philip Gavin and Robinson John Preble
Seller's Agent
Tom Ward
WATERSIDE REALTY LLC
Buyer's Agent
Tom Ward
WATERSIDE REALTY LLC
List Price
$3,499,000
Sold Price
$3,300,000
Premium/Discount to List
-$199,000
-5.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,999,999
Outstanding Balance
$1,715,063
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,697,948

Purchase Details

Listed on
Oct 23, 2017
Closed on
Oct 9, 2018
Sold by
Wheelock Leslie
Bought by
Robinson Philip Gavin and Robinson John Preble
Seller's Agent
Tom Ward
WATERSIDE REALTY LLC
Buyer's Agent
Tom Ward
WATERSIDE REALTY LLC
List Price
$3,499,000
Sold Price
$3,300,000
Premium/Discount to List
-$199,000
-5.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,999,999
Outstanding Balance
$1,715,063
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,697,948

Purchase Details

Listed on
Oct 23, 2017
Closed on
Oct 1, 2018
Sold by
Gandin Tracy
Bought by
Robinson Philip Gavin and Robinson John Preble
Seller's Agent
Tom Ward
WATERSIDE REALTY LLC
Buyer's Agent
Tom Ward
WATERSIDE REALTY LLC
List Price
$3,499,000
Sold Price
$3,300,000
Premium/Discount to List
-$199,000
-5.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,999,999
Outstanding Balance
$1,715,063
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,697,948

Purchase Details

Listed on
Oct 23, 2017
Closed on
Sep 7, 2018
Sold by
Arnold Caroline G
Bought by
Robinson Philip Gavin and Robinson James Milo
Seller's Agent
Tom Ward
WATERSIDE REALTY LLC
Buyer's Agent
Tom Ward
WATERSIDE REALTY LLC
List Price
$3,499,000
Sold Price
$3,300,000
Premium/Discount to List
-$199,000
-5.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,999,999
Outstanding Balance
$1,715,063
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,697,948
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
Wijas Michael J $3,300,000 Attorney
Robinson Philip Gavin -- Attorney
Robinson Philip Gavin -- Attorney
Robinson Philip Gavin -- Attorney
Robinson Philip Gavin -- Attorney
Robinson Philip Gavin -- Attorney
Robinson Philip Gavin -- Attorney
Robinson Philip Gavin -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wijas Michael J $1,999,999
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2018 10/22/18 Sold $3,300,000 +104661.9% $1,780 / Sq Ft
07/09/2018 07/09/18 Pending -- -- --
02/13/2018 02/13/18 Off Market $3,150 -- --
11/15/2017 11/15/17 Rented $3,150 -4.4% --
11/09/2017 11/09/17 Under Contract -- -- --
11/03/2017 11/03/17 For Rent $3,295 0.0% --
10/23/2017 10/23/17 For Sale $3,499,000 -- $1,887 / 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 $94,670 $7,296,819 -- --
2023 $94,670 $9,031,000 $8,478,400 $552,600
2022 $53,588 $5,437,100 $5,253,000 $184,100
2021 $42,965 $3,731,500 $3,558,000 $173,500
2020 $38,585 $3,183,800 $3,049,800 $134,000
2019 $33,157 $2,634,500 $2,494,600 $139,900
2018 $24,626 $1,943,800 $1,807,200 $136,600
2017 $25,125 $1,949,300 $1,807,200 $142,100
2016 $8,651 $2,226,200 $2,090,700 $135,500
2015 $8,815 $2,150,900 $2,012,100 $138,800
2014 $8,786 $650,318 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tom Ward

    Seller's Agent in 2018

    Tom Ward

    WATERSIDE REALTY LLC

    (941) 350-2463

    16 in this area

    38 Total Sales

    Tom Ward
    Section Image

  • R

    Seller's Agent in 2017

    Robin Turner

    WATERSIDE REALTY LLC

    (941) 376-7322

    17 in this area

    19 Total Sales

    Robin Turner
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4198882

Stellar MLS

APN: 0108-23-0009

Florida Sarasota County Sarasota 34242

7140 Point of Rocks Cir, Sarasota, FL

This home is located at 7140 Point of Rocks Cir, Sarasota, FL 34242 since 23 October 2017 and is currently estimated at $6,413,011, approximately $3,459 per square foot. This property was built in 1947. 7140 Point of Rocks Cir is a home located in Sarasota County with nearby schools including Phillippi Shores Elementary School, Brookside Middle School, and Sarasota High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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