When was property at 5050 Commonwealth Drive built and last sold?

The property at 5050 Commonwealth Drive was built in 2002 and last sold on Sep 9, 2011 for $1,425,000.

How much is this home worth?

The estimated value of the home located at 5050 Commonwealth Drive is $2,079,844.

What are some comparable homes to 5050 Commonwealth Drive?

There are currently no comparable homes to 5050 Commonwealth Drive.

Siesta Key

34242

Siesta Beach

5050 Commonwealth DRIVE

$1,650,000

● House - Off Market

5050 Commonwealth DRIVE

Sarasota, FL 34242

3 Beds

5 Baths, 2 Half Baths

4,626 Ft²

$3,721,548

RealtyHop Estimate

86.54%

Since Jun 1, 2008

National-US

Primary Model

About This Property

Beautiful Todd Johnson home (Augusta Model) on Grand Canal with nearly 180 feet of waterfront. Beautifully appointed with stepped ceilings, numerous built-ins, granite counter tops, wood cabinets, out door kitchen and much more. There is a separate building with workshop and an additional 3 car garage. THIS IS THE BEST VALUE WATERFRONT HOME ON SIEST KEY!

Unit Size

4,626 Ft²

Days on Market

Land Size

18,950.00 acres

Price per sqft

$431

Property Type

House

Property Taxes

$2,197

HOA Dues

Year Built

2002

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (Stellar MLS #A371971)

Price History

Date / Event	Date	Event
Sep 13, 2011	Sold	Premium
Sold
May 12, 2008	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 2002

Effective Year Built: 2013
Building Count: 2
Total Rooms: 12
Bedroom Count: 4
Bathroom Count: 6
Full Bathrooms: 4
Partial Bathrooms: 6
Bathroom Plumbing Fixtures: 5
Building Condition: 6
Building Quality: 1
Construction Type: 12
Building Style: 0
Exterior Walls Type: 12
Interior Walls Type: 3
Roof Shape Type: 8
Roof Cover Type: 4
Floor Count: 200
Living Units: 1
Floor Cover: 9
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 666
Parking Space Count: 2
Patio Type: 5
Porch Type: 102
Pool Type: 8
Location Influence Type: 27

Dimensions

Lot Size Square Feet: 18,950

Lot Size Frontage Feet: 10
Total Building Area: 7,090
Gross Building Area: 7,090
Building Area: 5,651
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 5,651
Heating Fuel Type: 0

Utilities

Sewer System: 1

Water Service: 2

Building

Building Type: 0

Property Class: R
Subdivision: SIESTA BEACH
Land Acres: 0000000435
Standard Land Use Code: 1001
County Land Use Code: 010X
State Land Use Code: 001
Legal Description 1: LOT 32 LESS BEG AT NWLY COR OF LOT 32 TH SELY ALG R/W R/W OF COMMONWEALTH DR 25 FT TH S-47-39-21-W 130 FT M/L TO CANAL TH NWLY ALG CANAL TO NWLY LINE OF LOT 32 TH NELY TO POB & LOT 33 LESS TRIANGULAR

Neighborhood

School District Name: Sarasota County School District

School Tax School District: L018 W190 A055
Census Tract: 001904

Zoning

Zoning: RSF2

Geography

Assessors Map Reference: 28A

Account Number: 0081150018
Subdivision Tract Number: 396
Parcel: 0081-15-0018
Block: 22
Lot: 32
Meridian: SEC 12 TWN 37S RNG 17E
Municipality: SARASOTA COUNTY
Latitude: 27.2785
Longitude: -82.5523

Address

Full Address: 5050 Commonwealth Dr

Address - House Number: 5050
Address - Street Name: Commonwealth
Address - Suffix Type: Dr
State: FL
City Name: Sarasota
Carrier Code: C095
4-Digit Zip Code: 1400
Zip Code: 34242

Valuation

Tax

Total Area: 6,281

Tax Year: 2023
Tax Amount: $1,993,478
Tax Rate Code Area: 1892

Appraisal Valuation

Standard Deviation: 0.1672

Valuation Date: Jan 10, 2024
Confidence Score: 78
Final Value: 3,653,315
High Value: 4,264,499
Low Value: 3,042,131

Market Valuation

Market Total Value: $3,450,200

Market Land Value: $1,625,100
Market Improvement Value: $1,825,100

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $1,651,669

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Sep 09, 2011

Current Sale Recording Date: Sep 13, 2011
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2011106955
Previous Sale Recording Date: May 12, 2008
Previous Sale Contract Date: May 07, 2008
Previous Sale Amount: $1,650,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Financing

First Mortgage Financing Type: ADJ

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Financing Type:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Siesta Beach

Stats & Trends

Median Asking:

$1,699,500

Sale Price/ft²

$740

Below Asking

0.02%

Average Days on Market

Average Home Size

2643 ft²

Average Home Age

39.3 years

Currently For Sale

27 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$3,500 /mo

2 Beds
2 Baths
1,368 ft²

1740 Landings Boulevard #39, FL, 34231 Listing by Margaret Young

Unit for rent at 4660 Ocean Boulevard, SARASOTA, FL, 34242

$3,300 /mo

2 Beds
2 Baths
1,200 ft²

4660 Ocean Boulevard #G1, SARASOTA, FL, 34242 Listing by Beth Dilley

Unit for rent at 1001 Benjamin Franklin Drive, FL, 34236

$3,400 /mo

1 Bed
1 Bath
813 ft²

1001 Benjamin Franklin Drive #503, FL, 34236 Listing by Pamala Casey

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Bruce Ginsberg
RE/MAX Alliance Group
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# A371971

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

5050 Commonwealth DRIVE

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Siesta Beach

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions