Seller's Agent in 2023
Drew Russell
Michael Saunders
(941) 841-1523
8 in this area
178 Total Sales
722 Sarabay Rd Osprey, FL 34229
Estimated Value: $1,693,000 - $4,233,000
3
Beds
3
Baths
4,202
Sq Ft
$808/Sq Ft
Est. Value
Highlights
- 100 Feet of Waterfront
- White Water Ocean Views
- Boat Lift
- Laurel Nokomis School Rated A-
- Access To Intracoastal Waterway
- Heated In Ground Pool
About This Home
As of March 2023You’ve found your personal paradise. Welcome to 722 Sarabay, a private, gated two-acre estate with jaw-dropping sunset views. This custom-built residence features three bedrooms, an office (which could be a 4th bedroom), home theatre room, and large upstairs bonus room, and much more! Upon entering through the double custom hardwood front doors, your eye will be immediately drawn to atmospheric bay views through the massive windows. Stepping out through the sliding glass doors, you will encounter the heated pool and spa as well as your own private beach, set high above the bay with epic views. Like to boat? The property has excellent boating water with a long custom dock and boat lift. The kitchen features an oversized bar, Dacor and Sub-Zero appliances, built-in wine refrigeration and abundant storage in the custom kitchen cabinetry. The master suite is on the second level and features a balcony overlooking the water, an oversized walk-in closet built-ins and luxurious bathroom. Upgrades and unique features include custom koi pond, detached summer kitchen structure, detached three car garage with storage space, built-in saltwater fish tank, whole-home generator, and massive outdoor covered dining area. The front yard entry is second-to-none and includes new gated entry, custom stone columns, all NEW landscaping, irrigation, and lighting to complete your private oasis. The long private drive offers a true sense of privacy and seclusion, and only a lucky few can boast about owning a backyard that looks Like a sandy beach adorned with towering coconut palms! Conveniently located just south of Sarasota, this property offers easy access to beaches, dining, shopping, and much more. Schedule your private tour of this outstanding offering today.
Last Agent to Sell the Property
MICHAEL SAUNDERS & COMPANY License #3108183 Listed on: 10/31/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $39,068
Year Built
- Built in 2003
Lot Details
- 1.95 Acre Lot
- 100 Feet of Waterfront
- Property Fronts a Bay or Harbor
- Street terminates at a dead end
- East Facing Home
- Mature Landscaping
- Oversized Lot
- Irrigation
- Landscaped with Trees
- Property is zoned RSF1
Parking
- 3 Car Attached Garage
- Side Facing Garage
- Circular Driveway
Property Views
- White Water Ocean
- Pool
Home Design
- Custom Home
- Slab Foundation
- Wood Frame Construction
- Tile Roof
- Block Exterior
- Stucco
Interior Spaces
- 4,202 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Built-In Features
- High Ceiling
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Sliding Doors
Kitchen
- Range
- Microwave
- Dishwasher
- Stone Countertops
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
- Laundry Chute
Pool
- Heated In Ground Pool
- Gunite Pool
- Heated Spa
Outdoor Features
- Access To Intracoastal Waterway
- Access to Bay or Harbor
- Dock has access to water
- Rip-Rap
- Boat Lift
- Open Dock
- Balcony
- Outdoor Kitchen
- Exterior Lighting
- Outdoor Storage
- Rain Gutters
- Front Porch
Location
- Flood Insurance May Be Required
Schools
- Laurel Nokomis Elementary School
- Laurel Nokomis Middle School
- Venice Senior High School
Utilities
- Central Heating and Cooling System
- Thermostat
- Septic Tank
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Sarabay Acres Community
- Sarabay Acres Subdivision
Listing and Financial Details
- Homestead Exemption
- Visit Down Payment Resource Website
- Tax Lot 38
- Assessor Parcel Number 0148110002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 31, 2022
Closed on
Mar 15, 2023
Sold by
Thiessen Family Trust
Bought by
Grivner Carl and Grivner Carolena
Seller's Agent
Drew Russell
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Michael Christo
PREMIER SOTHEBYS INTL REALTY
List Price
$5,250,000
Sold Price
$4,400,000
Premium/Discount to List
-$850,000
-16.19%
Views
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,003,257
Avg. Annual Appreciation
-5.76%
Original Mortgage
$750,000
Outstanding Balance
$726,308
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$3,076,433
Purchase Details
Listed on
May 21, 2021
Closed on
Aug 10, 2021
Sold by
King Sydney W
Bought by
Thiessen Owen A and Thiessen Lindsey A
Seller's Agent
Drew Russell
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Mark Lyda
GENEROUS PROPERTY
List Price
$3,250,000
Sold Price
$3,710,000
Premium/Discount to List
$460,000
14.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.32%
Original Mortgage
$2,597,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 18, 2019
Sold by
King S William and King Sandra
Bought by
King Sydney W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,458,000
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 1, 2009
Sold by
King Sydney W and King Sandra
Bought by
King S William and King Sandra
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Grivner Carl | $4,400,000 | -- | |
| Thiessen Owen A | $3,710,000 | Attorney | |
| King Sydney W | -- | Attorney | |
| King S William | $763,100 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Grivner Carl | $750,000 | |
| Closed | Grivner Carl | $750,000 | |
| Previous Owner | Thiessen Owen A | $2,597,000 | |
| Previous Owner | King Sydney W | $1,458,000 | |
| Previous Owner | King S William | $1,000,000 | |
| Previous Owner | King Sydney William | $1,000,000 | |
| Previous Owner | King S William | $850,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/15/2023 03/15/23 | Sold | $4,400,000 | -10.2% | $1,047 / Sq Ft |
| 01/20/2023 01/20/23 | Pending | -- | -- | -- |
| 12/19/2022 12/19/22 | Price Changed | $4,899,000 | -6.7% | $1,166 / Sq Ft |
| 10/31/2022 10/31/22 | For Sale | $5,250,000 | +41.5% | $1,249 / Sq Ft |
| 08/10/2021 08/10/21 | Sold | $3,710,000 | +14.2% | $883 / Sq Ft |
| 05/27/2021 05/27/21 | Pending | -- | -- | -- |
| 05/21/2021 05/21/21 | For Sale | $3,250,000 | -- | $773 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $39,883 | $3,339,300 | $2,168,300 | $1,171,000 |
| 2023 | $39,883 | $3,388,328 | $0 | $0 |
| 2022 | $39,068 | $3,289,639 | $0 | $0 |
| 2021 | $13,736 | $1,100,347 | $0 | $0 |
| 2020 | $13,826 | $1,085,155 | $0 | $0 |
| 2019 | $13,436 | $1,060,758 | $0 | $0 |
| 2018 | $13,194 | $1,040,979 | $0 | $0 |
| 2017 | $13,149 | $1,019,568 | $0 | $0 |
| 2016 | $13,207 | $1,878,200 | $1,174,700 | $703,500 |
| 2015 | $13,452 | $2,045,700 | $1,317,100 | $728,600 |
| 2014 | $13,408 | $969,246 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Drew Russell
-
Michael Christo
M
Buyer's Agent in 2023
Michael Christo
PREMIER SOTHEBYS INTL REALTY
(508) 735-6797
4 in this area
26 Total Sales
-
Mark Lyda
Buyer's Agent in 2021
Mark Lyda
GENEROUS PROPERTY
(941) 586-2670
74 in this area
176 Total Sales
Map
Source: Stellar MLS
MLS Number: A4551306
APN: 0148-11-0002
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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