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4901 Commonwealth Drive, Sarasota, FL 34242
$1,398,888
4901 Commonwealth Drive, Sarasota, FL 34242View this property at 4901 Commonwealth Drive, Sarasota, FL 34242
4901 Commonwealth DriveSarasotaFL34242
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Property Description
This beautifully renovated property was just completed in 2024 ! The home was a humble project of Ralph A. Erickson in his earliest years as an Architect who lived on Siesta Key right down the road from Victor Lundy, Sarasota School of Architecture. Erickson studied under renowned architect Miles van der Rohe & designed several homes, commercial buildings including the county courthouse as part of the Sarasota School of Architecture movement. Erickson's recognition is of an international stage, the architect selected to design the Air Force base in Israel in the 1978 Camp David Accords & honored for his technical contribution in the Mideast peace process. Lock Off Floor Plan. What's a lock off floor plan you say? A versatile floor plan for a primary, second home or investor owner allowing it to be rented as 2 separate units. This design accommodates a 1 bd/1ba/full kitchen unit and/or a 2 bd/1 ba/kitchenette unit with separate entrances & each with their own driveway for parking. Additionally, the design accommodates the ability to lock off the primary owners bedroom & bathroom keeping the owners personal belongings not accessible to renters renting the other parts of the dwelling. Siesta Beach subdivision -No HOA. New CHA mini-split unit system in 2022 with no ugly ductwork visible to respect the midcentury aesthetics. The air handlers are disguised by their dual purpose as displays for your personal art or photos. Skip the 14 month process to add a pool with 2 modern designed pool plans approved already by the county for the new owner to utilize. Recent updates include: New insulation & drywall replaced in 2022-2023, New Hurricane Impact Windows December 2023, New Hurricane Impact Exterior Smart Lock Doors 2023, Walk Around Concrete sidewalk under covered roof and dual driveways in 2023, Original Terrazzo floors restored in 2023, All new interior solid wood doors in 2024, Low to no maintenance landscaping & shell completed in 2023, No longer available original Ocala block repurposed at front entrance & backyard fire pit circle, Double Extra large lot for outdoor enjoyment, 2 outdoor showers with hot & cold water, Lemon, Lime, Banana, Tangerine and Peach Tree added in 2022, New Roof in November 2023, New plumbing & electrical 2022-2023, New Kitchen Cabinets with lifetime warranty in 2023, New Bosch microwave, dishwasher, oven in 2023, Subzero refrigerator, Wolf Electric Cooktop. While not currently on the historic registry of homes; the new owner can choose to add the home as there are tax incentives for doing so. Just a quick bike or golf cart ride to the #1 Siesta Key Beach or the Village for restaurants, live music or shops.
Full Property Details
Full Property Details for 4901 Commonwealth Dr
General
- Price: $1,398,888
- Taxes: $12,799 (2023)
- Status: Active
- Type: Single Family
- MLS ID: T3515179
- Updated: 4/28/2024
- Added to Site: 24 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 5
- Interior Features: Built-in Features, Ceiling Fan(s), Open Floorplan, Primary Bedroom Main Floor, Walk-In Closet(s)
- Appliances: Built-In Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
- Flooring: Terrazzo
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: Private Mailbox
- Deck/Patio: Patio
- Porch/Patio/Deck: Patio
Parking
- Parking Features: Driveway, Parking Pad
Location
- Area: 34242 - Sarasota/Crescent Beach/Siesta Key
- County: Sarasota
- Development Name: 34242 - Sarasota/Crescent Beach/Siesta Key
- Subdivision: SIESTA BEACH
- Driving Directions: !-75 S to HWY 72/Clark Rd/ Stickney Point Rd to Midnight Pass to Commonwealth Dr
- Direction Faces: West
Community
- Community Name: 34242 - Sarasota/Crescent Beach/Siesta Key
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Info: Mid-Century Modern
- Architectural Style: Mid-Century Modern
- Exterior Const.: Wood Frame
- Roof: Other
- Windows: Impact Glass/Storm Windows
- Stories/Levels: One
- Square Feet: 1,523
- Sq. Ft. Source: Public Records
- Year Built: 1957
Lot Features
- Property View: Garden, Park/Greenbelt
- Lot Size (Acres): 0.27
- Lot Size (Sq. Ft.): 11,586
- Lot Size: 11586
- Lot Dimensions: 50 x 117
- Street/Road Desc.: Asphalt, Other, Paved
Financial Considerations
- Tax Amount: $12,799.59
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOTS 12 & 13 BLK 21, SIESTA BEACH, ORI 2003135426
- Flood Zone Info: AE
- Disclosures/Reports: Lead Paint, Seller Property Disclosure
- APN: 81070028
- Property ID: 81070028
- Block/Lot/Section: 21
Listed by Redfin Corporation
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Schools
Schools serving 4901 Commonwealth Dr
School District:Sarasota County School District
Rating | Name | Grades | Distance |
---|---|---|---|
4747 S Tamiami Trl, Sarasota, FL 34231 | PK-5 | 1.6 mi | |
3636 S Shade Ave, Sarasota, FL 34239 | 6-8 | 2.2 mi | |
2155 Bahia Vista St, Sarasota, FL 34239 | 9-12 | 3.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4901 Commonwealth Dr
Date
Details
Price
Change
Source
4/19/2024
Price Reduced
$1,398,888
-3.38%
MLS
4/09/2024
Price Reduced
$1,447,777
-3.48%
MLS
4/05/2024
Listed
$1,500,000
11.11%
MLS
2/15/2022
Sold
$1,350,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4901 Commonwealth Dr
Year
Property Taxes
Change
Tax Assessment
Change
2023
$12,800
71%
$1,064,900
63%
2021
$7,480
-20%
$654,600
-33%
2022
$9,405
26%
$975,300
86%
2021
$7,480
41%
$523,900
34%
2019
$5,312
-4%
$392,400
-5%
2018
$5,560
3%
$413,500
4%
2017
$5,421
7%
$398,600
12%
2016
$5,049
-20%
$355,500
-18%
2015
$6,324
8%
$434,753
10%
2014
$5,837
10%
$395,230
10%
2013
$5,324
—
$359,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4901 Commonwealth Dr
4901 Commonwealth Drive, Sarasota, FL 34242 (MLS# T3515179) is a Single Family property with 3 bedrooms and 2 full bathrooms. 4901 Commonwealth Drive is currently listed for $1,398,888 and was received on April 05, 2024. Want to learn more about 4901 Commonwealth Drive? Do you have questions about finding other Single Family real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.