NOT LISTED FOR SALE

901 Norsota Way Sarasota, FL 34242

Estimated Value: $6,880,491 - $8,610,000

6 Beds
6.5 Baths
6,436 Sq Ft
$1,202/Sq Ft Est. Value

Last Sold January 22, 2021

Last sale price $5,900,000 $917 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $51,514/month

329 Days on Market

Highlights

  • 100 Feet of Waterfront
  • White Water Ocean Views
  • Boat Slip Deeded
  • Phillippi Shores Elementary School Rated A
  • Access To Intracoastal Waterway
  • Boat Lift

About This Home

As of January 2021

Showstopping Sarasota Bay and downtown city skyline views from the best vantage in Sarasota! Walls of windows towering 24 ft high greet you upon entry with the intracoastal waters on full display. The finest appointments are found throughout the home including marble and wood flooring, intricate crown molding, tray ceilings, all new LED lighting, all new impact windows, plantation shutters, 3 stop elevator and so much more! There is a fully loaded master suite on each level with His/Hers walk-in closets, dressing area and full bay views with access to the terrace on the 1st level and a private Juliette balcony on the 2nd level. The former “kitchen of the year” is stocked with new Wolf appliances, finished concrete counters, mosaic tile backsplash, coffee station, hidden outlets, a walk-in pantry with additional refrigerator and every convenience a chef could want. The wet bar service window in the formal dining room allows for seamless entertaining along with 5 guest bedrooms. The 5,000+ bottle, dual temperature controlled wine cellar is an aficionado’s dream. Outdoor activities abound with a new summer kitchen, new pool bath with shower, infinity pool/spa, gas fire pit and a new dock with a 20,000lb lift & 2 jetski/kayak lifts. The garage accommodates 7 cars with additional kayak hanging storage and workshop. Watch the fireworks from your VIP terrace next to the cozy fire pit, head less than a mile to Shell Rd beach access or 2+ miles to the #1 Siesta Beach. Property is gated and fenced.

Last Agent to Sell the Property

Ian Addy, PA

MICHAEL SAUNDERS & COMPANY License #3066979 Listed on: 01/15/2020

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Janine Kloiber

COLDWELL BANKER REALTY License #3279473

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $64,429

Year Built

  • Built in 2001

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 100x170
  • 100 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • South Facing Home
  • Fenced
  • Mature Landscaping
  • Property is zoned RSF1

Parking

  • 7 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener
  • Driveway
  • Secured Garage or Parking
  • Guest Parking
  • Parking Garage Space
  • Open Parking

Property Views

  • White Water Ocean
  • Intracoastal
  • City

Home Design

  • Elevated Home
  • Bi-Level Home
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 6,436 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar Fridge
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Breakfast Room
  • Den
  • Bonus Room
  • Storage Room
  • Inside Utility

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Gate

Pool

  • Heated Infinity Pool
  • Heated Spa
  • Gunite Pool
  • Outside Bathroom Access
  • Pool Lighting

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Dock has access to water
  • Seawall
  • Boat Lift
  • Boat Slip Deeded
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill

Location

  • Flood Zone Lot
  • City Lot

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater
  • Water Softener
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Bay Island Community
  • Bay Island Subdivision
  • Rental Restrictions

Amenities

  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$64,429

Year Built

Built in 2001

Lot Details

0

Parking

7

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Other, Stucco
  • Fireplace: Yes
  • Living Area: 6436
  • Lot Size Acres: 0.42
  • New Construction: No
  • Year Built: 2001
  • Building Area Total: 13359
  • Lot Size Sq Ft: 18250
  • Directions to Property: Siesta Drive west over Siesta bridge to Siesta Key, right on Norsota, left to 901 Norsota on immediate right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4456224?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4456224?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Elevated
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.98415
  • Price per Sq Ft: 916.72
  • Close to Original List Price Ratio: 0.93651
  • Ratio: Current Price\Building Area Total: 441.65
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Living Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Marble, Hardwood
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Central Vaccum, Crown Molding, Elevator, High Ceiling(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Wet Bar
  • Appliances Included: Bar Fridge, Built-In Oven, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener, Wine Refrigerator
  • Foundation Details: Slab, Stilt/On Piling
  • Total Bedrooms: 6
  • Levels: Two
  • Spa Features: Heated
  • Spa Yn: Yes
  • Window Features: Blinds
  • Street Number Modifier: 901
  • Room Count: 15
  • Additional Rooms: Bonus Room, Breakfast Room Separate, Den/Library/Office, Family Room, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Other Structures: Outdoor Kitchen
  • Pool Features: Gunite, Heated, In Ground, Infinity, Lighting, Outside Bath Access
  • Exterior Features: Balcony, Fenced, Lighting, Outdoor Grill, Outdoor Kitchen, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: City, Water
  • Water Body Name: Sarasota Bay
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water View: Bay/Harbor - Full, Intracoastal Waterway
  • Water Access: Bay/Harbor, Intracoastal Waterway
  • Water Extras: Dock - Slip Deeded On-Site, Dock w/Electric, Dock w/Water Supply, Lift, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 100
  • Water Frontage Feet I C W: 1
  • Water Frontage Feet Bay Harbor: 99
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 7
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Guest, Oversized, Under Building, Workshop in Garage
  • Covered Parking Spaces: 7
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Fiber Optics, Public, Sprinkler Meter, Street Lights, Underground Utilities
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Zoned
  • 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: Closed Circuit Camera(s), Secured Garage/Parking, Security Gate, Security System Owned
  • Senior Community: No
  • Association Fee Requirement: None
  • 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: 2019090039
  • Additional Parcels: No
  • Lot Features: FloodZone, City Lot
  • Lot Dimensions: 100X170
  • Flood Zone Code: VE
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Num Timesper Year: 12
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Subject to Sarasota City rental restrictions.

Tax Info

  • Tax Annual Amount: 64429
  • Tax Book Number: 2-171
  • Tax Lot: 24

Multi Family

  • Waterfront Features: Bay/Harbor, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2020
Closed on
Jan 22, 2021
Sold by
Hawn Jack L and Hawn Deborah C
Bought by
Vander Dussen Sybrand and Vander Dussen Jenise
Seller's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Janine Kloiber
COLDWELL BANKER REALTY
List Price
$6,300,000
Sold Price
$5,900,000
Premium/Discount to List
-$400,000
-6.35%
Current Estimated Value
$7,736,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,836,873
Avg. Annual Appreciation
6.29%

Purchase Details

Closed on
Sep 25, 2015
Sold by
Salzberg Mark E and Salzberg Donna M
Bought by
Hawn Jack L and Hawn Deborah C

Purchase Details

Closed on
Nov 15, 2001
Sold by
Gulfside Joint Partnership
Bought by
Salzberg Mark E and Salzberg Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,000,000
Interest Rate
6.54%

Purchase Details

Closed on
Aug 8, 2000
Sold by
Helfenbein Marilyn
Bought by
Gulfside Joint Ptnr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,880,000
Interest Rate
8.23%

Purchase Details

Closed on
Sep 20, 1999
Sold by
Collier Leslie R and Blackburn Leslie Ruth
Bought by
Helfenbein Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,800
Interest Rate
8.22%
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
Vander Dussen Sybrand $5,900,000 None Listed On Document
Hawn Jack L $5,100,000 Attorney
Salzberg Mark E $4,120,000 --
Gulfside Joint Ptnr $1,500,000 --
Helfenbein Marilyn $875,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salzberg Mark E $5,000,000
Previous Owner Salzberg Mark E $4,000,000
Previous Owner Salzberg Mark E $2,500,000
Previous Owner Salzberg Mark E $1,090,000
Previous Owner Salzberg Mark E $11,000,000
Previous Owner Gulfside Joint Ptnr $5,880,000
Previous Owner Helfenbein Marilyn $364,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2021 01/22/21 Sold $5,900,000 -1.6% $917 / Sq Ft
12/08/2020 12/08/20 Pending -- -- --
12/02/2020 12/02/20 Price Changed $5,995,000 -3.2% $931 / Sq Ft
11/06/2020 11/06/20 Price Changed $6,195,000 -1.7% $963 / Sq Ft
01/14/2020 01/14/20 For Sale $6,300,000 -- $979 / 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 $113,274 $7,995,700 $4,577,000 $3,418,700
2023 $113,274 $7,950,400 $4,588,500 $3,361,900
2022 $100,519 $6,681,200 $3,922,700 $2,758,500
2021 $69,796 $4,514,900 $2,477,800 $2,037,100
2020 $64,428 $3,989,300 $1,911,900 $2,077,400
2019 $67,227 $4,175,100 $2,130,400 $2,044,700
2018 $66,764 $4,133,100 $2,045,700 $2,087,400
2017 $66,136 $4,054,100 $2,045,700 $2,008,400
2016 $69,958 $4,212,200 $1,966,500 $2,245,700
2015 $53,923 $3,546,400 $1,610,100 $1,936,300
2014 $53,895 $3,399,628 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4456224

Stellar MLS

APN: 2019-09-0039