NOT LISTED FOR SALE

808 Freeling Dr Sarasota, FL 34242

Estimated Value: $3,178,000 - $5,050,000

3 Beds
3.5 Baths
4,852 Sq Ft
$785/Sq Ft Est. Value

Last Sold September 10, 2019

Last sale price $2,025,155 $417 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $23,869/month

461 Days on Market

Highlights

  • 100 Feet of Waterfront
  • White Water Ocean Views
  • Heated In Ground Pool
  • Phillippi Shores Elementary School Rated A
  • Water access To Gulf or Ocean To Bay
  • Custom Home

About This Home

As of September 2019

Due to high volume of interest, Seller is asking for highest & best offers be submitted by Aug 5 at 5pm; Seller will respond to all offers by Aug 12 at 5pm. Popular among boaters & water enthusiasts, this Bay Island Shores location on Siesta Key offers 100’ of waterfront property on Roberts Bay. A distinctive home with an impressive great room perfect for entertaining, enhanced by the bay vistas & complimented by the vaulted wood ceilings, skylights & floor to ceiling stone wood burning fireplace. A fully appointed bar is central to all gathering areas & the glass enclosed Florida room, complete with summer kitchen & gas grill, makes year-round entertainment possible. The heated pool, spa & open patio entice you to meander outside, savor the gentle bay breeze & embrace the Florida lifestyle. Family &guests will appreciate the privacy extended by two en-suite bedrooms and one-half bath located downstairs and the master upstairs. Walking up the wooden staircase or taking the elevator to the second level, you will be captivated by the mesmerizing views from the master suite. Stepping into the master bath, the lure of the sunken spa tub invites you to relax, unwind and delight in the tranquil, peaceful retreat. Once rested, take advantage of everything Sarasota has to offer - world famous Siesta Key Beach, shopping, dining, entertainment, museum - all within minutes, including Sarasota Memorial Hospital & SRQ Airport. The north island location is prime & the construction is unique.

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

Judie Berger

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0671663

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,359

Year Built

  • Built in 1984

Lot Details

  • 0.31 Acre Lot
  • 100 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • North Facing Home
  • Fenced
  • Mature Landscaping
  • Landscaped with Trees
  • Property is zoned RSF1

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway
  • Secured Garage or Parking
  • Guest Parking
  • Open Parking

Home Design

  • Custom Home
  • Slab Foundation
  • Wood Frame Construction
  • Shake Roof

Interior Spaces

  • 4,852 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Bar Fridge
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Blinds
  • Drapes & Rods
  • Sliding Doors
  • Great Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Inside Utility
  • Laundry Room
  • White Water Ocean Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Access To Intracoastal Waterway
  • Seawall
  • Covered Patio or Porch

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required
  • Property is near public transit
  • City Lot

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heating Available
  • Water Purifier

Community Details

  • No Home Owners Association
  • Bay Island Shores Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,359

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Wood Frame
  • Fireplace: Yes
  • Living Area: 4852
  • Lot Size Acres: 0.31
  • New Construction: No
  • Year Built: 1984
  • Building Area Total: 6197
  • Lot Size Sq Ft: 13564
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4402294&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4402294&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
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 1.01258
  • Price per Sq Ft: 417.39
  • Close to Original List Price Ratio: 0.65328
  • Ratio: Current Price\Building Area Total: 326.8
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Elevator, Living Room/Dining Room Combo, Open Floorplan, Skylight(s), Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator, Water Purifier, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Blinds, Drapes
  • Room Count: 10
  • Additional Rooms: Florida Room, Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Pool Features: Heated, In Ground, Lighting
  • Exterior Features: Fenced, Sliding Doors
  • Roof: Shake
  • Pool Private: Yes
  • View: Water
  • Water Body Name: Roberts Bay
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full
  • Water Access: Bay/Harbor, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0141F
  • Waterfront Frontage: 100
  • Water Frontage Feet Bay Harbor: 100

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Guest, Oversized
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Electricity Available, Electricity Connected, Public, Sewer Connected, Street Lights
  • Cooling: Central Air, Zoned
  • Heating: Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Secured Garage/Parking, Security System, Smoke Detector(s)
  • 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: 2019160021
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, Flood Insurance Required, FloodZone, City Lot, Near Public Transit
  • Millage Rate: 15.95
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Pet Restrictions: County Leash Laws Apply
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 31359
  • Tax Book Number: 6-81
  • Tax Lot: 58

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2018
Closed on
Sep 10, 2019
Sold by
Family Lake Investment Properties Llc
Bought by
Outlook Apartments Inc
Seller's Agent
Judy Wright, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Judie Berger
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$3,100,000
Sold Price
$2,025,155
Premium/Discount to List
-$1,074,845
-34.67%
Current Estimated Value
$3,808,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,783,546
Avg. Annual Appreciation
10.55%

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
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Outlook Apartments Inc -- Attorney
Outlook Apartments Inc $2,025,155 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
09/10/2019 09/10/19 Sold $2,025,155 +1.3% $417 / Sq Ft
08/08/2019 08/08/19 Pending -- -- --
07/05/2019 07/05/19 Price Changed $2,000,000 -20.0% $412 / Sq Ft
02/26/2019 02/26/19 Price Changed $2,499,900 -4.8% $515 / Sq Ft
11/13/2018 11/13/18 Price Changed $2,625,000 -6.3% $541 / Sq Ft
09/04/2018 09/04/18 Price Changed $2,800,000 -5.1% $577 / Sq Ft
07/03/2018 07/03/18 Price Changed $2,950,000 -4.8% $608 / Sq Ft
05/04/2018 05/04/18 For Sale $3,100,000 -- $639 / 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 $46,970 $2,898,920 -- --
2024 $45,521 $2,635,382 -- --
2023 $45,521 $3,924,100 $2,896,500 $1,027,600
2022 $36,671 $3,087,100 $2,476,300 $610,800
2021 $29,154 $1,965,200 $1,564,100 $401,100
2020 $25,884 $1,593,000 $1,206,900 $386,100
2019 $31,037 $1,921,200 $1,328,100 $593,100
2018 $32,666 $2,037,600 $1,419,300 $618,300
2017 $29,796 $1,819,700 $1,328,100 $491,600
2016 $28,516 $1,784,300 $1,231,000 $553,300
2015 $26,479 $1,610,700 $1,158,600 $452,100
2014 $25,002 $1,239,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4402294

Stellar MLS

APN: 2019-16-0021