NOT LISTED FOR SALE

852 Siesta Dr Sarasota, FL 34242

Estimated Value: $4,950,000 - $5,963,869

6 Beds
7.5 Baths
5,646 Sq Ft
$939/Sq Ft Est. Value

Last Sold May 18, 2020

Last sale price $3,150,000 $558 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $31,861/month

164 Days on Market

Highlights

  • 90 Feet of Waterfront
  • White Water Ocean Views
  • Boat Slip Deeded
  • Phillippi Shores Elementary School Rated A
  • Water access To Gulf or Ocean
  • Boat Lift

About This Home

As of May 2020

BOATING FAMILY’S DREAM. Built for personal family use, by a knowledgeable international couple, this gated, direct waterfront home, was constructed on pilings and is almost 100% concrete. Lushly landscaped and designed to take advantage of outdoor living at home, and watersports of all types from the dock with 14,000 lb. lift. Lounge by the ceramic tiled pool, or relax in the granite spa after a day on the water; fishing, boating, water skiing, wakeboarding, or kayak/paddle board exploring. All floors are accessible by elevator, and the home boasts 6 bedrooms, with baths en suite, including a serene master suite. Also an office, gracious foyer, nicely detailed living room with gas fireplace, spacious family room, gourmet kitchen with Wolf gas range, formal dining room with butler’s pantry, and 3 large covered lanais, and 3 open decks. Views are spectacular throughout. Oversized garages accommodate 4 cars. Minutes to the Gulf (with no fixed bridges), with its beautiful waters, world renown “sugar sand” beaches, and sunsets. Go by water to casual, or sophisticated restaurants. Go by land to Sarasota’s numerous arts venues, museums, galleries, shopping, great restaurants, or airport; all conveniently located moments away. Sophisticated interior/exterior lighting, and internet accessible video security for peace of mind. A substantial home for full time living, or “getaway” use. Perfect for enjoying the Sarasota/Siesta Lifestyle! Video camaras in use. There should be no expectation of privacy.

Last Agent to Sell the Property

Steve Wexler

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0204586 Listed on: 11/05/2019

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Michael Hays

MICHAEL SAUNDERS & COMPANY License #3188992

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,323

Year Built

  • Built in 2006

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 91x159x90x154
  • 90 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • North Facing Home
  • Fenced
  • Mature Landscaping
  • Level Lot
  • Irrigation
  • Landscaped with Trees
  • Property is zoned RSF1

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Open Parking

Property Views

  • White Water Ocean
  • Intracoastal

Home Design

  • Custom Home
  • Tile Roof
  • Block Exterior
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 5,646 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Shades
  • Blinds
  • Sliding Doors
  • Family Room
  • Living Room with Fireplace
  • Den
  • Inside Utility
  • Attic

Kitchen

  • Built-In Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Outside Bathroom Access
  • Pool Tile

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • No Fixed Bridges
  • Seawall
  • Water Skiing Allowed
  • Boat Lift
  • Boat Slip Deeded
  • Balcony
  • Outdoor Kitchen
  • Outdoor Storage

Location

  • Flood Zone Lot
  • City Lot

Schools

  • Phillippi Shores Elementary School
  • Heron Creek Middle School
  • Sarasota High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Bay Island Shores Community
  • Bay Island Shores Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,323

Year Built

Built in 2006

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 5646
  • Lot Size Acres: 0.36
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 11292
  • Lot Size Sq Ft: 15772
  • Directions to Property: West on Siesta Drive over North bridge. 852 is on left (South) side.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4450684?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4450684?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Subdivision Num: 944
  • Call Center Phone Number: 941-364-4014
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.86301
  • Price per Sq Ft: 557.92
  • Close to Original List Price Ratio: 0.7875
  • Ratio: Current Price\Building Area Total: 278.96
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Living Room
  • Living Area Units: Square Feet
  • Flooring: Marble, Other, Hardwood
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Elevator, Skylight(s), Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 6
  • Levels: Three Or More
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Blinds, Shades
  • Street Number Modifier: 852
  • Room Count: 15
  • Additional Rooms: Attic, Den/Library/Office, Family Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Pool Features: Heated, In Ground, Outside Bath Access, Tile
  • Exterior Features: Balcony, Fenced, Irrigation System, Outdoor Kitchen, Sliding Doors, Storage
  • Roof: Tile
  • Pool Private: Yes
  • Water Body Name: Sarasota Bay
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full, Intracoastal Waterway
  • Water Access: Bay/Harbor, Gulf/Ocean, Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges, Dock - Slip Deeded On-Site, Lift, Sailboat Water, Seawall - Concrete, Skiing Allowed
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 90
  • Water Frontage Feet Bay Harbor: 90
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage Door Opener, Oversized
  • Covered Parking Spaces: 4
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Public, Street Lights
  • Cooling: Central Air, Zoned
  • Heating: Central, Heat Pump, Zoned
  • 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: Heron Creek Middle

Lot Info

  • Zoning: RSF1
  • Parcel Number: 2019090007
  • Additional Parcels: No
  • Lot Features: FloodZone, City Lot, Level, Sidewalk
  • Lot Dimensions: 91x159x90x154
  • Flood Zone Code: AE
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: See City/County Restrictions

Tax Info

  • Tax Annual Amount: 44322.7
  • Tax Book Number: 5-94
  • Tax Lot: 8

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2019
Closed on
May 18, 2020
Sold by
Seahawk Participations Inc
Bought by
Katz Seth S and Milgrom Katz Renee
Seller's Agent
Steve Wexler
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Michael Hays
MICHAEL SAUNDERS & COMPANY
List Price
$4,000,000
Sold Price
$3,150,000
Premium/Discount to List
-$850,000
-21.25%
Current Estimated Value
$5,304,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,154,217
Avg. Annual Appreciation
10.06%

Purchase Details

Closed on
Sep 29, 2003
Sold by
Lee Jon R
Bought by
Seahawk Participations Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Interest Rate
6.28%

Purchase Details

Closed on
May 31, 2002
Sold by
Gilbert Claire K
Bought by
Lee Jon R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
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
Katz Seth S $3,150,000 Attorney
Seahawk Participations Inc $1,300,000 --
Lee Jon R $1,150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Seahawk Participations Inc $1,040,000
Previous Owner Lee Jon R $862,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2020 05/18/20 Sold $3,150,000 -13.7% $558 / Sq Ft
04/17/2020 04/17/20 Pending -- -- --
03/06/2020 03/06/20 Price Changed $3,650,000 -3.9% $646 / Sq Ft
01/31/2020 01/31/20 Price Changed $3,800,000 -5.0% $673 / Sq Ft
11/05/2019 11/05/19 For Sale $4,000,000 -- $708 / 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 $38,202 $2,621,371 -- --
2023 $38,202 $2,545,020 $0 $0
2022 $35,117 $2,322,864 $0 $0
2021 $35,015 $2,244,140 $0 $0
2020 $39,777 $2,446,400 $1,114,200 $1,332,200
2019 $44,323 $2,738,600 $1,086,600 $1,652,000
2018 $46,465 $2,864,600 $1,182,700 $1,681,900
2017 $55,026 $3,332,292 $0 $0
2016 $54,975 $3,633,100 $1,677,300 $1,955,800
2015 $48,879 $2,995,800 $1,326,700 $1,669,100
2014 $43,126 $2,546,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4450684

Stellar MLS

APN: 2019-09-0007