NOT LISTED FOR SALE

770 Freeling Dr Sarasota, FL 34242

Estimated Value: $2,820,000 - $6,519,112

4 Beds
3 Baths
2,633 Sq Ft
$1,890/Sq Ft Est. Value

Last Sold June 15, 2018

Last sale price $1,856,660 $705 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $31,788/month

13 Days on Market

Highlights

  • 10 Feet of Waterfront
  • White Water Ocean Views
  • Water access To Gulf or Ocean To Bay
  • Phillippi Shores Elementary School Rated A
  • Guest House
  • Boat Lift

About This Home

As of June 2018

Due to high interest, Seller is requesting that Highest & Best Offers be presented by 5:00pm on Tuesday, May 15, 2018. Experience waterfront splendor from this coveted Bayfront address stretching 105’ on Roberts Bay, presenting majestic views of the water with unspoiled Edwards Islands in the distance. A perfect opportunity to transform this early Florida style two bedroom home with 2 bedroom guest apartment into an inspiring retreat. Bring your imagination to this piece of paradise, where setting sail from the extended, deep water dock to voyage along the sparkling waterways of Florida’s Gulf Coast awaits you. Sitting on the dock of the Bay, watching the birds and dolphins play as boaters and kayakers go by – the tranquil, waterfront lifestyle is like none other. This North Siesta Key location is just minutes from world famous Siesta Beach and the Siesta Key Village, where island entertainment, dining and shopping is popular. The rich culture of Sarasota continues as you venture over the bridge, where museums, art, theatres, shopping and dining await you. (Note the adjacent property located at 808 Freeling Drive is also available for purchase)

Last Agent to Sell the Property

Judy Wright, PA

MICHAEL SAUNDERS & COMPANY License #0389612 Listed on: 05/04/2018

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Sara Ferguson

COMPASS FLORIDA LLC License #3292854

COMPASS FLORIDA LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,705

Year Built

  • Built in 1953

Lot Details

  • 0.31 Acre Lot
  • 10 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Street terminates at a dead end
  • North Facing Home
  • Fenced
  • Landscaped with Trees
  • Property is zoned RSF1

Parking

  • 2 Carport Spaces

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,633 Sq Ft Home
  • Ceiling Fan
  • Shades
  • Blinds
  • White Water Ocean Views

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Access To Intracoastal Waterway
  • Seawall
  • Boat Lift
  • Open Dock
  • Dock made with Composite Material
  • Covered Patio or Porch
  • Outdoor Storage

Additional Homes

  • Guest House

Location

  • Flood Zone Lot
  • City Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Bay Island Shores Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,705

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 2633
  • Lot Size Acres: 0.31
  • New Construction: No
  • Year Built: 1953
  • Building Area Total: 3782
  • Lot Size Sq Ft: 13490
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4402222&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4402222&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 1.03205
  • Price per Sq Ft: 705.15
  • Close to Original List Price Ratio: 1.03205
  • Ratio: Current Price\Building Area Total: 490.92
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Window Features: Blinds, Shades
  • Room Count: 13
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Other Structures: Guest House, Storage
  • Exterior Features: Fenced, Storage
  • Roof: Metal
  • Pool Private: No
  • Road Frontage Type: Street Dead-End
  • Water Body Name: Roberts Bay
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Screened
  • Water View: Bay/Harbor - Full
  • Water Access: Bay/Harbor, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: Dock - Composite, Dock - Open, Lift, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0141F
  • Waterfront Frontage: 10
  • Water Frontage Feet Bay Harbor: 10

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: RSF1
  • Parcel Number: 2019160022
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, FloodZone, City Lot
  • Millage Rate: 16.1
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 23705
  • Tax Book Number: 6-81
  • Tax Lot: 59

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2018
Closed on
Jun 15, 2018
Sold by
Family Investments Properties Llc
Bought by
Newman Rick and Newman Susan
Seller's Agent
Judy Wright, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Sara Ferguson
COMPASS FLORIDA LLC
List Price
$1,799,000
Sold Price
$1,856,660
Premium/Discount to List
$57,660
3.21%
Current Estimated Value
$4,976,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,120,044
Avg. Annual Appreciation
13.95%

Purchase Details

Closed on
Sep 30, 2014
Sold by
Family Lake Investment Properties Llc
Bought by
Family Lake Investment Properties Llc

Purchase Details

Closed on
Nov 29, 2006
Sold by
Morgan Lucy A and Alan Morgan J
Bought by
Family Lake Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
6.36%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Newman Rick -- Attorney
Newman Rick $1,856,660 Attorney
Family Lake Investment Properties Llc -- Attorney
Family Lake Investment Properties Llc $3,550,000 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Family Lake Investment Properties Llc $3,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2018 06/15/18 Sold $1,856,660 +3.2% $705 / Sq Ft
05/17/2018 05/17/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $1,799,000 -- $683 / 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
2025 $69,482 $4,467,073 -- --
2024 $67,302 $4,060,975 -- --
2023 $67,302 $5,643,100 $2,864,100 $2,779,000
2022 $58,748 $4,642,900 $2,460,800 $2,182,100
2021 $49,457 $3,287,800 $1,580,200 $1,707,600
2020 $19,868 $1,244,700 $1,219,000 $25,700
2019 $21,705 $1,363,000 $1,333,300 $29,700
2018 $25,087 $1,645,000 $1,427,100 $217,900
2017 $23,705 $1,343,627 $0 $0
2016 $22,421 $1,507,300 $1,235,000 $272,300
2015 $21,052 $1,388,200 $1,168,200 $220,000
2014 $19,580 $913,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Judy Wright, PA

    Seller's Agent in 2018

    Judy Wright, PA

    Michael Saunders

    (941) 232-8041

    2 in this area

    50 Total Sales

    Judy Wright, PA
    Section Image
  • Sara Ferguson

    Buyer's Agent in 2018

    Sara Ferguson

    COMPASS FLORIDA LLC

    (941) 320-2709

    11 in this area

    61 Total Sales

    Sara Ferguson
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4402222

Stellar MLS

APN: 2019-16-0022

Florida Sarasota County Sarasota 34242

770 Freeling Dr, Sarasota, FL

Not Listed for Sale

Detached

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