NOT LISTED FOR SALE

Estimated Value: $827,000 - $1,552,000

0.37 Acre
$2,934,027 Price per Acre
16,117 Sq Ft Lot

Last Sold November 23, 2021

Last sale price $800,000

Est. 36% increase in value since last sale

Current estimated payment $6,598/month

200 Days on Market

Highlights

  • 108 Feet of Waterfront
  • Boat Ramp
  • Park
  • Riverview High School Rated A
  • Canal View
  • 3-minute walk to Coral Cove Park

About This Lot

As of November 2021

Coral Cove is a lovely, old Sarasota neighborhood. A hidden gem, conveniently located west of the trail and south of Stickney Pt.
Lot 5 is vacant & cleared, with 108' of waterfront and easy access to the intracoastal waterway. The waterfront is improved with original stone seawall with drainage scuppers. Optional Civic Association offers use of community park and Boat ramp.

Last Agent to Sell the Property

Rebecca Paterson

THE SEALE FAMILY INC License #120690 Listed on: 02/16/2021

Last Buyer's Agent

Larisa Trexler

RE/MAX ALLIANCE GROUP License #0696721

RE/MAX ALLIANCE GROUP

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,277

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 108 x 163 x 93 x173
  • 108 Feet of Waterfront
  • Property fronts a saltwater canal
  • Level Lot
  • Cleared Lot
  • Property is zoned RSF1

HOA Fees

  • $17 Monthly HOA Fees

Utilities

  • Septic Needed
  • Cable TV Available

Additional Features

  • Canal Views
  • In Flood Plain

Listing and Financial Details

  • Legal Lot and Block 5 / F
  • Assessor Parcel Number 0110080005

Community Details

Overview

  • Association fees include recreational facilities
  • Coral Cove Community
  • Coral Cove Subdivision

Recreation

  • Boat Ramp
  • Park
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Seawall

Property Details

Property Type

Land

Est. Annual Taxes

$7,277

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • HOA Fee Includes: Recreational Facilities
  • Property Type: Land
  • Lot Size Acres: 0.37
  • Lot Size Sq Ft: 16321
  • Directions to Property: Take 41, turn west on Caribbean Dr, then left on Cove Terrace. Site is 4th on the right and the only canal front vacant site.
  • Status: Sold
  • Total Acreage: 1/4 to less than 1/2
  • Ratio: Close Price\List Price: 0.89385
  • Price per Sq Ft: 49.02
  • Close to Original List Price Ratio: 0.86486
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 7438

Exterior Features

  • Waterfront: Yes
  • Road Surface Type: Paved, Asphalt
  • Water View: Canal
  • Water Access: Canal - Saltwater
  • Water Extras: Bridges - No Fixed Bridges, Seawall - Other
  • Water View Y N: Yes
  • Front Footage: 108
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 108
  • Additional Water Information: 108' frontage. Stone seawall with drainage scuppers.
  • Water Frontage Feet Canal Salt: 108
  • Disclosures: None

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Other, Public, Water Available
  • Sewer: Septic Needed
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Community Boat Ramp, Park, Water Access
  • Association Amenities: Park, Private Boat Ramp
  • Association Fee: 200
  • Association Fee Frequency: Annually
  • Association: Yes
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 200
  • Monthly HOA Fee: 16.67
  • Total Monthly Fees: 16.67

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0110080005
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Buildable, Cleared, Compact Soil, Flood Plain, Level, Room For Pool
  • Lot Dimensions: 108 X 163 X 93 X173
  • Price Per Acre: 2162162
  • Flood Zone Code: AE
  • Current Adjacent Use: Residential

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 7276.52
  • Tax Block: F
  • Tax Book Number: 6-128
  • Tax Lot: 5

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2021
Closed on
Nov 23, 2021
Sold by
Matthews James A
Bought by
Trexler Larisa and Trexler John
Seller's Agent
Rebecca Paterson
THE SEALE FAMILY INC
Buyer's Agent
Larisa Trexler
RE/MAX ALLIANCE GROUP
List Price
$925,000
Sold Price
$800,000
Premium/Discount to List
-$125,000
-13.51%
Current Estimated Value
$1,085,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,590
Avg. Annual Appreciation
8.21%
Original Mortgage
$600,000
Interest Rate
3.05%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 10, 1994
Sold by
Susi Jennie and Susi Arduilio
Bought by
Sisson Patricia M and Matthews James A
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
Trexler Larisa $800,000 Alliance Group Title Llc
Sisson Patricia M $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Trexler Larisa $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2021 11/23/21 Sold $800,000 -10.6% --
09/03/2021 09/03/21 Pending -- -- --
05/29/2021 05/29/21 Price Changed $895,000 -8.2% --
04/21/2021 04/21/21 Price Changed $975,000 -11.4% --
02/20/2021 02/20/21 Price Changed $1,100,000 +18.9% --
02/15/2021 02/15/21 For Sale $925,000 -- --
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 $9,640 $847,800 $834,500 $13,300
2023 $9,640 $829,000 $813,600 $15,400
2022 $8,939 $760,500 $748,200 $12,300
2021 $7,553 $612,200 $600,400 $11,800
2020 $7,277 $576,100 $564,300 $11,800
2019 $6,660 $528,600 $517,500 $11,100
2018 $7,012 $587,800 $584,700 $3,100
2017 $8,153 $536,030 $0 $0
2016 $6,866 $498,300 $411,200 $87,100
2015 $6,365 $443,000 $365,600 $77,400
2014 $6,444 $471,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D6116556

Stellar MLS

APN: 0110-08-0005