$850,000
SOLD NOV 21, 2012

940 Siesta Key Place Sarasota, FL 34242

5 Beds
3 Baths
3,451 Sq Ft
0.34 Acres

Recently Sold

$246 Per Sq Ft

12% Below List Price

117 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Access To Intracoastal Waterway
  • Intracoastal View
  • Phillippi Shores Elementary School Rated A
  • Deeded Boat Dock
  • Indoor Pool

About This Home

As of November 2012

BANK OWNED. REDUCED BY $185,000! The One You Have Been Waiting For. Siesta Key Premium Location. Home sits on an Oversized Enviable Waterfront Lot. Sailboat Water with Over 200ft of Usable Seawall along two sides of property. No Bridges & Seconds to Open Bay. Coveted Southern Exposure on Water Side of home. Very Spacious Home. Many Updates. Exquisite Wood Work Throughout. From the Beautifully Carved Fireplace Surround, to the Cabinetry in the Large Kitchen and Baths, Doors and Moldings. All Three Baths are tiled, have Wood Vanities & Granite Tops. The Kitchen has an Abundance of Cabinetry and Stunning Granite Counters. Includes a Pass Through Window to the Pool Area with More Granite. The Pool Area and Large Outdoor Space with Many Mature Trees and Plantings offer a Tropical Feel and Privacy. Two docks with pilings etc that can accomadate two boat lifts. Just 10 homes from the open bay! A lot surrounded on three sides by water. Crytal clear pool is back up and running. One of the two AC units now has brand new outside unit. Property is sold strictly "AS IS". Chimney is cracked and requires repair as do sliders in master bedroom but this price reflects the need for some updating to make this your personal paradise. Very little out there with this type of water and so much space. Hurry!

Last Agent to Sell the Property

Mike Winger

RE/MAX PLATINUM Brokerage Phone: 941-349-3460 License #3077519 Listed on: 07/19/2012

RE/MAX PLATINUM

Co-Listed By

Ann Winger

RE/MAX PLATINUM Brokerage Phone: 941-349-3460 License #3097045

Last Buyer's Agent

John Woodward

SARASOTA REAL ESTATE GROUP License #0684290

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,026

Year Built

  • Built in 1970

Lot Details

  • 0.34 Acre Lot
  • 200 Feet of Waterfront
  • Property fronts a saltwater canal
  • Cul-De-Sac
  • Street terminates at a dead end
  • North Facing Home
  • Fenced
  • Mature Landscaping
  • Level Lot
  • Fruit Trees
  • Property is zoned RSF2

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Intracoastal
  • Full Bay or Harbor
  • Canal
  • Pool

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,451 Sq Ft Home
  • Open Floorplan
  • Skylights
  • Wood Burning Fireplace
  • Sliding Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room
  • Inside Utility
  • Laundry in unit
  • Attic

Kitchen

  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Pool

  • Indoor Pool
  • Spa

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Davits
  • Seawall
  • Deeded Boat Dock
  • Deck
  • Patio
  • Porch

Schools

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

Additional Features

  • Flood Zone Lot
  • Central Heating and Cooling System

Community Details

  • Siestas Bayside Community
  • Siestas Bayside Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 0079090025

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,026

Year Built

Built in 1970

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 3451
  • Lot Size Acres: 0.34
  • New Construction: No
  • Year Built: 1970
  • Building Area Total: 4725
  • Lot Size Sq Ft: 15023
  • Directions to Property: Higel to Midnight Pass to Siesta Key Circle to Siesta Key Place. Home on the left hand side
  • Status: Sold
  • Co List Office Mls Id: MFR281506245
  • Co List Office Phone: 941-349-3460
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1047116
  • RATIO Current Price By Calculate: 246.31
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • MFR_DockDescription: Dock - Slip Deeded On-Site
  • Attribution Contact: 941-349-3460
  • Tax Year: 2011
  • Special Features: 5120

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Marble
  • Full Bathrooms: 3
  • Interior Amenities: Attic, Kitchen/Family Room Combo, Open Floorplan, Skylight(s), Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Disposal
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Yn: Yes
  • Street Number Modifier: 940
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Attic,Formal Dining Room Separate,Formal Living Room Separate,Foyer,Inside Utility
  • Living Area Meters: 320.61
  • Room Count: 10

Exterior Features

  • Direction Faces: North
  • Pool Features: Indoor
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: Yes
  • View: Pool, Water
  • Water Body Name: INTRACOASTAL WATERWAY
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch
  • Water Access: Bay/Harbor,Canal - Saltwater,Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges,Davits,Sailboat Water,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Partial,Canal,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 200

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Public, Street Lights
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 450
  • Association Fee Frequency: Annually
  • Association: Yes
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 450.00
  • Total Monthly Fees: 37.50

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0079090025
  • Additional Parcels: No
  • Fencing: Fenced
  • Lot Features: Cul-De-Sac, FloodZone, Level, Street Dead-End, Paved
  • Homestead YN: 1
  • Future Land Use: 0100

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Expected Lease Date: 2012-11-21T00:00:00.000

Tax Info

  • Tax Annual Amount: 10026
  • Tax Book Number: 0019/0012
  • Tax Lot: 19

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2012
Closed on
Nov 19, 2012
Sold by
Fifth Third Mortgage Company
Bought by
Moetown Llc
Seller's Agent
Mike Winger
RE/MAX PLATINUM
Buyer's Agent
John Woodward
SARASOTA REAL ESTATE GROUP
List Price
$969,900
Sold Price
$850,000
Premium/Discount to List
-$119,900
-12.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.67%

Purchase Details

Closed on
Jun 25, 2012
Sold by
Ruzgis Bruce
Bought by
Fifth Third Mortgage Company

Purchase Details

Closed on
Jan 15, 2003
Sold by
Neil Nancy P
Bought by
Ruzgis Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.16%

Purchase Details

Closed on
Dec 18, 2000
Sold by
Waple H Walter and Waple Barbara T
Bought by
Neil Nancy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.79%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Corporate Deed $850,000 Buyers Title Inc
Trustee Deed $600,001 None Available
Warranty Deed $965,000 --
Warranty Deed $795,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,300,000 Fannie Mae Freddie Mac
Previous Owner $500,000 No Value Available
Previous Owner $450,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Price Changed $2,100,000 -4.5% $609 / Sq Ft
03/09/2025 03/09/25 For Sale $2,200,000 0.0% $637 / Sq Ft
03/02/2025 03/02/25 Pending -- -- --
02/20/2025 02/20/25 For Sale $2,200,000 +158.8% $637 / Sq Ft
11/21/2012 11/21/12 Sold $850,000 -12.4% $246 / Sq Ft
11/14/2012 11/14/12 Pending -- -- --
07/19/2012 07/19/12 For Sale $969,900 -- $281 / 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 $20,216 $1,358,246 -- --
2023 $20,216 $2,055,700 $1,609,300 $446,400
2022 $19,526 $2,017,700 $1,668,200 $349,500
2021 $13,849 $1,125,900 $882,400 $243,500
2020 $12,249 $927,700 $684,100 $243,600
2019 $12,421 $947,900 $758,000 $189,900
2018 $14,063 $1,104,600 $918,400 $186,200
2017 $13,453 $952,050 $0 $0
2016 $11,815 $865,500 $637,500 $228,000
2015 $11,474 $816,900 $616,800 $200,100
2014 $11,046 $944,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3963394

Stellar MLS

APN: 0079-09-0025