NOT LISTED FOR SALE

Estimated Value: $6,283,000 - $7,854,000

3 Beds
6 Baths
5,660 Sq Ft
$1,276/Sq Ft Est. Value

Sale Details

Date Sold: June 3, 2022

Last sale price $6,500,000 $1,148 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $47,803 / mo

47 Days on Market

Highlights

  • 112 Feet of Bay Harbor Waterfront
  • White Water Ocean Views
  • Boat Lift
  • Southside Elementary School Rated A
  • Dock made with wood
  • Heated In Ground Pool

About This Home

As of June 2022

Riveting bay views expanding to the city and Ringling Bridge skyline create a marvelous scene throughout this glamorous residence, perfectly positioned to epitomize an illustrious waterfront lifestyle. Located in John Ringling Estates behind a stone wall surrounded by lush landscaping of bamboo, tropical flora and palm trees to provide discerning privacy, this gorgeous Key West-style home makes a grand statement. Entering the bright and capacious custom-designed residence, two-story high ceilings are accentuated by mesmerizing murals painted by Ringling artists and crystal chandeliers. Step down into the sunken living room for an intimate setting in front of the gas fireplace and hidden entertainment center cabinetry. The gourmet kitchen is poised above the living room with a granite-clad island and dining peninsula, wet bar with Sub-Zero wine fridge, elegant wood cabinetry, and Viking appliances including a five-burner gas stove. Frameless glass encloses the enchanting office just off the kitchen with hand-painted dome ceiling, chandelier, bay window overlooking the water, and built-in cabinetry. French doors provide numerous accent points to the porch featuring a staircase leading down to the synthetic turf grounds, putting green and dock. Also adjacent to the kitchen is the elevator leading to the second floor and well-appointed first-floor laundry room with a half bath, sink, command station and more. Affording true convenience, the executive-level office is found on the opposite wing of the main level, adorned with cherry wood walls and built-in cabinetry and a fireplace for ambiance. The office immediately grants access to the master suite that has been intentionally designed for romance and affluence featuring custom his-and-her walk-in closets, spa en-suite bath with a centered soaking tub, dual sinks, a make-up vanity and steam shower with rain showerhead, and peaceful bedroom showcasing a bay window and French door that opens to the porch where you can sit by the outdoor gas fireplace. An iron staircase or elevator takes you to the second floor where a cozy loft offers a tranquil area for casual lounging before entering the guest quarters. A common entertaining space including a wet bar, wine cooler and microwave is a beautiful dwell with adjacent laundry room and two guest en-suites that each afford private baths and French doors leading to a terrace. A spiral staircase on the terrace takes you to the rooftop deck for incredible views of the bay, city, bridge and Gulf. Enhancing the way of life of this home is the dock with boat lift for easy access to open water, a 10-car garage with bay window, Porche flooring and workshop area, lovely painted murals that guide you to flexible space for a gym and access to the backyard with plenty of room to add an additional pool to the one in the side yard where a gazebo and waterfall create a garden-like oasis. The home is Crestron wired, has security and multiple-zone air conditioners, and a list of wonderful amenities to complement your discerning lifestyle. Enjoy boating to the barrier islands, strolling St. Armands Circle and exploring nearby downtown Sarasota.

Last Agent to Sell the Property

Eileen Burke

COLDWELL BANKER REALTY License #0512422 Listed on: 02/10/2022

COLDWELL BANKER REALTY

Last Buyer's Agent

Victoria King

VICTORIA M KING LIC R E BKR License #0158006

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $68,572

Year Built

  • Built in 2005

Lot Details

  • 17,613 Sq Ft Lot
  • 112 Feet of Bay Harbor Waterfront
  • Northwest Facing Home
  • Wire Fence
  • Well Sprinkler System
  • Landscaped with Trees
  • Property is zoned RSF1

Parking

  • 10 Car Attached Garage
  • Ground Level Parking
  • Tandem Parking
  • Garage Door Opener
  • Driveway
  • Secured Garage or Parking
  • Parking Garage Space

Property Views

  • White Water Ocean
  • Intracoastal

Home Design

  • Custom Home
  • Key West Architecture
  • Slab Foundation
  • Metal Roof
  • Cement Siding
  • Block Exterior

Interior Spaces

  • 5,660 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Dry Bar
  • Crown Molding
  • High Ceiling
  • Gas Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Den
  • Bonus Room
  • Inside Utility
  • Sauna

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Travertine

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Bidet
  • Steam Shower
  • Rain Shower Head

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Lights
  • Security Gate
  • Fire and Smoke Detector
  • Fire Sprinkler System

Eco-Friendly Details

  • Whole House Vacuum System

Pool

  • Heated In Ground Pool
  • Auto Pool Cleaner

Outdoor Features

  • Access to Bay or Harbor
  • Dock has access to water
  • Davits
  • Seawall
  • Boat Lift
  • Dock made with wood
  • Open Dock
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage
  • Rain Gutters

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Power Generator
  • Natural Gas Connected
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Saint Armands Division John Ringling Estates Community
  • Saint Armands DIV John Ringling Estates Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$68,572

Year Built

Built in 2005

Lot Details

0.4 Acres

Parking

10

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom, Key West
  • Construction Materials: Block, Cement Siding
  • Fireplace: Yes
  • Living Area: 5660
  • Lot Size Acres: 0.4
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 12693
  • Lot Size Sq Ft: 17613
  • Status: Sold
  • Street Direction: N
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 1179.22
  • Escrow State: FL
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 1148.41
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Living Room, Master Bedroom, Other
  • Living Area Units: Square Feet
  • Flooring: Carpet, Hardwood, Travertine
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Interior Amenities: Central Vaccum, Crown Molding, Dry Bar, Eat-in Kitchen, Elevator, High Ceilings, L Dining, Master Bedroom Main Floor, Sauna, Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s), Wet Bar
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Other Equipment: Generator, Irrigation Equipment
  • Stories: 3
  • Window Features: Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Den/Library/Office,Inside Utility
  • Living Area Meters: 525.83

Exterior Features

  • Direction Faces: Northwest
  • Other Structures: Storage
  • Pool Features: Auto Cleaner, Heated, In Ground
  • Exterior Features: Irrigation System, Rain Gutters, Sidewalk
  • Roof: Metal
  • Pool Private: Yes
  • View: Water
  • Water Body Name: SARASOTA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Front Porch, Porch, Rear Porch
  • Road Surface Type: Other, Paved
  • Water Access: Bay/Harbor
  • Water Extras: Davits,Dock - Open,Dock - Wood,Dock w/Electric,Dock w/Water Supply,Lift,Seawall - Concrete
  • Water View: Bay/Harbor - Full,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 112
  • Water Frontage Feet Bay Harbor: 112

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 10
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Ground Level, Oversized, Tandem, Under Building

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Sprinkler Well, Underground Utilities, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Central, Heat Pump, Natural Gas
  • Laundry Features: Inside, Laundry Closet, Laundry Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: No
  • Security: Fire Sprinkler System, Secured Garage / Parking, Security Gate, Security Lights, Security System, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RSF1
  • Parcel Number: 2014030004
  • Additional Parcels: No
  • Fencing: Fenced, Wire
  • Lot Features: Flood Insurance Required, FloodZone, In County, Sidewalk
  • Flood Zone Code: AE

Green Features

  • Green Indoor Air Qlty: Whole House Vacuum System

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 68571.53
  • Tax Block: 1
  • Tax Book Number: 2-30
  • Tax Lot: 13

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2022
Closed on
Jun 3, 2022
Sold by
Rimmer Gretchen L
Bought by
Seller's Agent
Eileen Burke
COLDWELL BANKER REALTY
Buyer's Agent
Victoria King
VICTORIA M KING LIC R E BKR
List Price
$7,899,000
Sold Price
$6,500,000
Premium/Discount to List
-$1,399,000
-17.71%
Current Estimated Value
$7,224,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$724,350
Avg. Annual Appreciation
2.51%
Original Mortgage
$1,000,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2016
Sold by
Rimmer Kenneth G and Rimmer Gretchen L
Bought by
Rimmer Kenneth G and Rimmer Gretchen L

Purchase Details

Closed on
Aug 2, 2005
Sold by
Results Inc
Bought by
Rimmer Kenneth G
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$6,500,000 None Listed On Document
Rimmer Kenneth G -- Attorney
Rimmer Kenneth G -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $800,000
Closed Smith Paul G $1,000,000
Previous Owner Bowditch Dorothy E $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/03/2022 06/03/22 Sold $6,500,000 -17.7% $1,148 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $7,899,000 -- $1,396 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $95,305 $5,505,637
2024 $105,396 $6,557,230
2023 $105,396 $7,061,800 $4,368,000 $2,693,800
2022 $78,187 $5,907,600 $3,403,400 $2,504,200
2021 $68,572 $4,544,600 $2,357,800 $2,186,800
2020 $62,037 $3,834,800 $1,742,900 $2,091,900
2019 $64,696 $4,014,300 $1,742,900 $2,271,400
2018 $61,599 $4,009,400 $1,843,200 $2,166,200
2017 $57,189 $3,313,585 $0 $0
2016 $41,818 $3,775,900 $1,651,600 $2,124,300
2015 $42,455 $2,738,500 $1,484,400 $1,254,100
2014 $42,432 $2,456,564 $0 $0
Source: Public Records

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Map

Source: Stellar MLS

MLS Number: A4525014

Stellar MLS

APN: 2014-03-0004

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