NOT LISTED FOR SALE

818 Paradise Way Sarasota, FL 34242

Estimated Value: $2,121,000 - $2,500,785

4 Beds
4 Baths
3,064 Sq Ft
$756/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $1,380,000 $450 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $14,145/month

73 Days on Market

Highlights

  • 123 Feet of Waterfront
  • Dock Does Not Have A Water Supply
  • Custom Home
  • Phillippi Shores Elementary School Rated A
  • Screened Pool
  • Open Floorplan

About This Home

As of September 2019

The best value on Siesta Key! Be inspired by spectacular, colorful sunsets over the wide, long canal views from this fabulous island home located on deep boating water near Siesta Beach. Expanded and extensively renovated in 2009, this home boasts a flowing open floor plan, fine finishes, high ceilings, engineered hand-scraped wood floors and a wall of glass sliders to enjoy the gorgeous tropical outdoors. Designed for entertaining, this home features a chef’s island kitchen open to the living and dining areas with granite counters, high quality cabinetry, stainless appliances, wine cooler, Wolf gas cooktop, pot filler, dual ovens, a hidden walk-in pantry and wrap-around breakfast bar. The three-way split bedroom plan includes the owner’s suite which overlooks the pool and waterway offering a luxurious retreat, plus a guest suite with built-ins and Murphy beds and two additional bedrooms and baths. Relax with your friends and family by the spectacular solar heated pool in the oversized screened lanai and covered dining area, a wonderful extension of the living areas. PGT Weathertite hurricane impact windows. Tile roof, circular paver drive and walkways, irrigation well for the lush tropical landscaping on the oversized 15,000 sf lot. Excellent water for paddle boarding, kayaking and fishing from the dock. Minutes by boat to the open bay with only one higher bridge to the Intracoastal Waterway. Near Siesta Beach and Siesta Village and just 15 minutes to downtown Sarasota's urban and cultural amenities.

Last Agent to Sell the Property

Judie Berger

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0671663 Listed on: 05/07/2019

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Sara Leicht

SARASELLSSARASOTA.COM License #3047662

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,457

Year Built

  • Built in 1961

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 123x140x100x136
  • 123 Feet of Waterfront
  • Property fronts a saltwater canal
  • Street terminates at a dead end
  • Northeast Facing Home
  • Fenced
  • Mature Landscaping
  • Well Sprinkler System
  • Fruit Trees
  • Property is zoned RSF2

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Circular Driveway
  • Open Parking

Home Design

  • Custom Home
  • Ranch Style House
  • Florida Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,064 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Shutters
  • Sliding Doors
  • Great Room
  • Family Room
  • Formal Dining Room
  • Inside Utility
  • Canal Views

Kitchen

  • Built-In Convection Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Lights
  • Storm Windows
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Full Bathroom
  • Visitor Bathroom
  • Accessible Bedroom
  • Accessible Common Area
  • Accessible Kitchen
  • Central Living Area
  • Accessible Hallway
  • Accessible Closets
  • Accessible Washer and Dryer
  • Accessible Doors
  • Accessible Approach with Ramp
  • Accessible Entrance

Pool

  • Screened Pool
  • Solar Heated In Ground Pool
  • Gunite Pool
  • Saltwater Pool
  • Fence Around Pool

Outdoor Features

  • Fixed Bridges
  • Access to Saltwater Canal
  • Seawall
  • No Wake Zone
  • Dock Does Not Have A Water Supply
  • Dock made with wood
  • Deck
  • Covered patio or porch

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Thermostat
  • Propane
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Siesta Isles Association, Phone Number (941) 350-4600
  • Visit Association Website
  • Siesta Isles Community
  • Siesta Isles Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,457

Year Built

Built in 1961

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom, Florida, Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3064
  • Lot Size Acres: 0.34
  • New Construction: No
  • Year Built: 1961
  • Accessibility Features: Accessible Approach with Ramp, Accessible Bedroom, Accessible Central Living Area, Accessible Closets, Accessible Common Area, Accessible Doors, Accessible Entrance, Accessible Full Bath, Visitor Bathroom, Accessible Hallway(s), Accessible Kitchen, Accessible Washer/Dryer, Central Living Area
  • Building Area Total: 4013
  • Lot Size Sq Ft: 15014
  • Directions to Property: From Beach Rd/Midnight Pass Rd traffic light north on Midnight Pass Rd to left on Shadow Lawn Way, right on Shadow Lawn Dr, left onto Paradise Way. Home is mid-block on left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4435239&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4435239&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 124
  • Call Center Phone Number: 941-364-4014
  • Ratio: Close Price\List Price: 0.98925
  • Price per Sq Ft: 450.39
  • Close to Original List Price Ratio: 0.92
  • Ratio: Current Price\Building Area Total: 343.88
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Engineered Hardwood, Tile
  • Full Bathrooms: 4
  • Interior Amenities: Built in Features, Ceiling Fans(s), Central Vaccum, Crown Molding, High Ceiling(s), Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Yn: No
  • Window Features: Shutters, Window Treatments, Storm Window(s)
  • Street Number Modifier: 818
  • Room Count: 12
  • Additional Rooms: Family Room, Formal Dining Room Separate, Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northeast
  • Pool Features: Gunite, Heated, In Ground, Salt Water, Screen Enclosure, Solar Heat
  • Exterior Features: Fenced, Irrigation System, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End
  • View: Water
  • Water Body Name: Grand Canal
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Rear Porch, Screened, Side Porch
  • Road Surface Type: Paved
  • Water View: Canal
  • Water Access: Canal - Brackish, Canal - Saltwater
  • Water Extras: Bridges - Fixed, Dock - Wood, Dock w/Electric, Dock w/o Water Supply, No Wake Zone, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0143
  • Waterfront Frontage: 123
  • Water Frontage Feet Canal Salt: 123
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Propane, Sewer Connected, Sprinkler Well
  • Cooling: Central Air, Zoned
  • Heating: Central, Heat Pump, Zoned
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Association Name: Siesta Isles Association
  • Phone: 941-350-4600
  • Association: Yes
  • Security: Closed Circuit Camera(s), Fire Alarm, Security Lights, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Website: www.siestaislesassociation.com
  • Association Email: paul.clark@premiersir.com
  • S W Subdiv Condo Num: 124
  • Condo Land Included Y N: No
  • Association Fee Requirement: Optional
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 150
  • Monthly HOA Fee: 12.5
  • Total Monthly Fees: 12.5

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0082070007
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, In County
  • Lot Dimensions: 123x140x100x136
  • Property Attached Yn: No
  • Flood Zone Code: AE 9
  • Flood Zone Date: 2016-11-04
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Approval Process: None
  • Num Timesper Year: 12
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: The Association and Sarasota County Ordinances are 30 days minimum rental. www.siestaislesassociation.com

Tax Info

  • Tax Annual Amount: 9457
  • Tax Lot: 5

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2019
Closed on
Sep 30, 2019
Sold by
Kristlibas Walter A and Kristlibas Marian J
Bought by
Parziale Gary L and Parziale Laura J
Seller's Agent
Judie Berger
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Sara Leicht
SARASELLSSARASOTA.COM
List Price
$1,500,000
Sold Price
$1,380,000
Premium/Discount to List
-$120,000
-8%
Current Estimated Value
$2,315,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$935,946
Avg. Annual Appreciation
9.46%

Purchase Details

Closed on
Mar 6, 2009
Sold by
Kalin Jeffrey Mark
Bought by
Kristlibas Walter A and Kristlibas Marian J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2007
Sold by
Kalin Jeffrey M
Bought by
Kalin Jeffrey Mark and Jeffrey Mark Kalin Living Trust

Purchase Details

Closed on
Apr 28, 1998
Sold by
Kalin Ent Inc
Bought by
Kalin Jeffrey M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,618
Interest Rate
7.03%

Purchase Details

Closed on
Jan 23, 1998
Sold by
Lambert George Craig and Delong Valerie Starr
Bought by
Kalin Ent Inc

Purchase Details

Closed on
Feb 25, 1994
Sold by
Wilcox Miriam W and Wilcox Marshall L
Bought by
Lambert George Craig and Delong Valerie Starr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
7.04%
Source: Public Records

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Range of Values:

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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
Parziale Gary L $1,380,000 Attorney
Kristlibas Walter A $750,000 Attorney
Kalin Jeffrey Mark -- Attorney
Kalin Jeffrey M $386,100 --
Kalin Ent Inc $382,500 --
Lambert George Craig $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parziale Gary L $1,000,000
Previous Owner Kristlibas Walter A $395,000
Previous Owner Kristlibas Walter A $229,000
Previous Owner Kristlibas Walter A $417,000
Previous Owner Kalin Jeffrey M $356,618
Previous Owner Lambert George Craig $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2019 09/30/19 Sold $1,380,000 -1.1% $450 / Sq Ft
07/18/2019 07/18/19 Pending -- -- --
07/12/2019 07/12/19 Price Changed $1,395,000 -7.0% $455 / Sq Ft
05/06/2019 05/06/19 For Sale $1,500,000 -- $490 / 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 $14,759 $1,279,996 -- --
2023 $14,759 $1,242,715 $0 $0
2022 $14,452 $1,206,519 $0 $0
2021 $14,494 $1,171,378 $0 $0
2020 $14,428 $1,141,900 $652,900 $489,000
2019 $9,639 $763,719 $0 $0
2018 $9,457 $749,479 $0 $0
2017 $9,421 $734,064 $0 $0
2016 $9,424 $924,100 $513,200 $410,900
2015 $9,582 $876,200 $536,000 $340,200
2014 $9,550 $698,393 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4435239

Stellar MLS

APN: 0082-07-0007