NOT LISTED FOR SALE

835 Norsota Way Sarasota, FL 34242

Estimated Value: $6,696,000 - $8,584,000

4 Beds
6 Baths
6,339 Sq Ft
$1,200/Sq Ft Est. Value

Last Sold May 04, 2021

Last sale price $6,600,000 $1,041 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $50,614/month

21 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Home Theater
  • Custom Home
  • Phillippi Shores Elementary School Rated A
  • In Ground Spa
  • Deck

About This Home

As of May 2021

Beautifully poised on the sought-after north end of Siesta Key, this magnificent coastal estate offers dramatic views of Sarasota Bay that extend to meet the glittering downtown skyline and Ringling Bridge. The impressive four-bedroom residence showcases panoramic water views from every room, leveraging master craftsmanship to infuse more than 6,300 sq. ft. of living area with the finest materials, including Travertine floors and fine wood work. Highlights for everyday living and entertaining include a formal living area with gas fireplace, private dining room with coffered ceiling, family room with wet bar and gas fireplace and media room with distressed wood floors and spectacular views. Professional appliances and updated cabinetry will bring out your inner chef in the spacious kitchen with stone countertops, large central island, Thermador gas stove with pot filler, Sub-Zero refrigerator, and breakfast bar. Expansive pocketing glass sliders throughout blend indoors and out for a sublime Florida lifestyle. Enjoy uninterrupted captivating sunsets from an open-air paver pool terrace with spa or head out to the Bay and Gulf early in the morning from your private deep water dock with 13K-lb boat lift. Retreat into complete relaxation in the master suite that features distressed wood flooring, sliders to the balcony, separate office/nursery/exercise room, expansive dual walk-in closets, and a spa-bath with soaking tub and dual-entry rain shower. A three-car auto salon and storage space that could be an extension of the space rounds out the home. Guests will be well cared for in any of the three bedroom suites. Designed for those who wish to be indulged in comfort, luxury and style, this home is the perfect backdrop to a vibrant Sarasota lifestyle.

Last Agent to Sell the Property

Michael Hays

MICHAEL SAUNDERS & COMPANY License #3188992 Listed on: 02/25/2021

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,149

Year Built

  • Built in 1991

Lot Details

  • 0.42 Acre Lot
  • Property Fronts a Bay or Harbor
  • South Facing Home
  • Fenced
  • Mature Landscaping
  • Metered Sprinkler System
  • Landscaped with Trees
  • Property is zoned RSF1

Parking

  • 3 Car Attached Garage
  • Workshop in Garage
  • Ground Level Parking
  • Garage Door Opener
  • Circular Driveway
  • Guest Parking

Home Design

  • Custom Home
  • Slab Foundation
  • Tile Roof
  • Concrete Siding
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 6,339 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Built-In Features
  • Bar Fridge
  • Crown Molding
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Gas Fireplace
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Utility Room
  • Water Views

Kitchen

  • Built-In Oven
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Brick
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry in unit
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • In Ground Spa
  • Gunite Pool
  • Outdoor Shower
  • Outside Bathroom Access
  • Pool Sweep
  • Pool Lighting

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required
  • City Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Tankless Water Heater
  • Fiber Optics Available
  • Phone Available
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Bay Island Community
  • Bay Island Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 2019090036

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,149

Year Built

Built in 1991

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Water Extras: Bridges - No Fixed Bridges, Dock w/Electric, Dock w/Water Supply, Lift, Sailboat Water, Seawall - Concrete
  • Water View: Yes
  • Construction Materials: Concrete, Stucco
  • Fireplace: Yes
  • Living Area: 6339.00
  • Homestead: Yes
  • Lot Size Acres: 0.42
  • Year Built: 1991
  • Building Area Total: 13216.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4492001?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4492001?w=Customer
  • Lot Size Sq Ft: 18250
  • Building Search Sq Meters: 1227.81
  • Directions to Property: Siesta Drive, over the bridge and right on Norsota and home on the right.
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046728
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 8
  • Fireplace Features: Gas, Wood Burning
  • Living Area Units: Square Feet
  • Additional Rooms: Den/Library/Office, Formal Dining Room Separate, Formal Living Room Separate, Great Room, Inside Utility, Media Room
  • Flooring: Brick/Stone, Carpet, Wood
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Interior Amenities: Built in Features, Cathedral Ceiling(s), Crown Molding, Elevator, High Ceiling(s), Kitchen/Family Room Combo, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Wet Bar
  • Appliances Included: Bar Fridge, Built-In Oven, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Slab, Stilt/On Piling
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Other Equipment: Irrigation Equipment
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 3
  • Living Area Meters: 588.91
  • Street Number Modifier: 835

Exterior Features

  • Direction Faces: South
  • Additional Water Information: Exceptionally deep and full City views. Large boat capacity.
  • Water Extras: Yes
  • Waterfront Feet Bay Harbor: 100
  • Water Access: Bay/Harbor, Gulf/Ocean, Gulf/Ocean to Bay
  • Pool Features: Gunite, Heated, Lighting, Outside Bath Access, Pool Sweep
  • Exterior Features: Fenced, Irrigation System, Outdoor Shower, Sliding Doors, Sprinkler Metered
  • Roof: Tile
  • Water View: Bay/Harbor - Full, Intracoastal Waterway
  • Flood Zone Code: VE
  • Water Access: Yes
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Front Porch, Patio
  • Road Surface Type: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage Door Opener, Ground Level, Guest, Oversized, Workshop in Garage

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fiber Optics, Phone Available, Sewer Connected, Sprinkler Meter
  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Bay Island
  • Pet Size: Extra Large (101+ Lbs.)
  • Association Fee Requirement: Optional
  • Association: Yes
  • Security: Fire Alarm, Security System, Smoke Detector(s)

Fee Information

  • Waterfront Frontage: 100

Schools

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

Lot Info

  • Zoning Compatible: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Zoning: RSF1
  • Parcel Number: 2019090036
  • Lot Features: Flood Insurance Required, FloodZone, In City Limits
  • Lot Size Square Meters: 1695

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 52148.83
  • Tax Book Number: 2-171
  • Tax Lot: 19

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
May 4, 2021
Sold by
Pullman Billy G and Billy G Pullman Revocable Trus
Bought by
Leland David W and Leland Lisa M
Seller's Agent
Michael Hays
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$6,600,000
Sold Price
$6,600,000
Current Estimated Value
$7,608,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,008,944
Avg. Annual Appreciation
3.35%
Original Mortgage
$3,960,000
Outstanding Balance
$3,596,368
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$4,012,576

Purchase Details

Closed on
Oct 3, 2010
Sold by
B A P T Llc
Bought by
Pullman Billy G

Purchase Details

Closed on
May 20, 2010
Sold by
Eraclides Hermes and Eraclides Gail L
Bought by
Bapt Llc

Purchase Details

Closed on
Oct 25, 2007
Sold by
Anderson R David and Anderson Heather
Bought by
Eraclides Hermes and Eraclides Gail L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,887,500
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 2003
Sold by
Kurzner Mitchell E and Kurzner Adrienne
Bought by
Anderson R David and Anderson Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.75%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Leland David W $6,600,000 Attorney
Pullman Billy G -- Attorney
Pullman Billy G -- Attorney
Bapt Llc $3,200,000 Attorney
Eraclides Hermes $3,850,000 None Available
Anderson R David $2,955,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leland David W $3,960,000
Previous Owner Eraclides Hermes $2,887,500
Previous Owner Andersonn R David $350,000
Previous Owner Anderson R David $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2021 05/04/21 Sold $6,600,000 0.0% $1,041 / Sq Ft
03/18/2021 03/18/21 Pending -- -- --
03/10/2021 03/10/21 Off Market $6,600,000 -- --
02/25/2021 02/25/21 For Sale $6,600,000 -- $1,041 / 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 $110,837 $7,587,400 $4,577,000 $3,010,400
2023 $110,837 $7,472,500 $4,588,500 $2,884,000
2022 $95,546 $6,343,700 $3,922,700 $2,421,000
2021 $51,512 $3,302,192 $0 $0
2020 $52,149 $3,256,600 $1,911,900 $1,344,700
2019 $55,962 $3,465,500 $2,130,400 $1,335,100
2018 $41,544 $2,589,682 $0 $0
2017 $41,088 $2,536,417 $0 $0
2016 $41,046 $3,612,200 $1,966,500 $1,645,700
2015 $41,671 $2,913,600 $1,610,100 $1,303,500
2014 $41,648 $2,672,879 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4492001

Stellar MLS

APN: 2019-09-0036