$570,000
SOLD AUG 9, 2013

1001 Point of Rocks Rd Unit 509 Sarasota, FL 34242

2 Beds
2 Baths
1,100 Sq Ft
$852/mo HOA Fee

Recently Sold

$518 Per Sq Ft

4% Below List Price

25 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Heated Indoor Pool
  • Phillippi Shores Elementary School Rated A
  • Fitness Center
  • Partial Gulf or Ocean Views

About This Home

As of April 2021

Spacious and Updated Gulf View unit on beautiful Crescent Beach! Recent improvements include: New ceramic tile throughout, New backsplash tile, completely repainted and new sofa all within last 12 months. Open balcony, 2 heated pools, Bamboo lounge area, WIFI and exercize room within well groomed and expertly managed complex. Excellent rental program with unit averaging $41,000+ per year over last 3 years. $20,000+ in advance reservations for 2014. On site management, designated and covered parking,beach rental service and owner storage bin available for purchase. South Siesta Village and restaurants less than 1 mile away. Take advantage of this rare ownership opportunity at Siesta Sands Beach Resort.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,513

Year Built

  • Built in 1988

Lot Details

  • 100 Feet of Waterfront
  • Property fronts gulf or ocean
  • Southwest Facing Home
  • Child Gate Fence
  • Zero Lot Line

HOA Fees

  • $852 Monthly HOA Fees

Home Design

  • Entry on the 5th floor
  • Slab Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,100 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Blinds
  • Great Room
  • Ceramic Tile Flooring
  • Partial Bay or Harbor Views

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Home Security

Parking

  • 1 Carport Space
  • Guest Parking

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Heated Indoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • 1-Week Minimum Lease Term
  • Tax Lot 509
  • Assessor Parcel Number 0108181024

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, management, pest control, sewer, trash, water
  • Cunningham Property Mgmt Corp. 941 349 8061 Association
  • High-Rise Condominium
  • Siesta Sands Resort (Timeshare) Community
  • Siesta Sands Resort North Timshare Subdivision
  • 6-Story Property

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed
  • 0 Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,513

Year Built

Built in 1988

Lot Details

0

HOA Fees

$852 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1100
  • New Construction: No
  • Year Built: 1988
  • Building Area Total: 1196
  • Directions to Property: 1 mile south of Stickney Point Bridge, turn Right on Point of Rocks Road, pull into Siesta Sands Beach Resort
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 5
  • List Office Head Office Key Nume: 1047193
  • Minimum Lease: 1 Week
  • Number Of Pets: 0
  • RATIO Current Price By Calculate: 518.18
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: High Rise
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • Attribution Contact: 941-349-7333
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Open Floorplan, Split Bedroom
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Freezer, Microwave, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Stories: 6
  • Window Features: Blinds
  • Street Number Modifier: 1001
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Great Room
  • Living Area Meters: 102.19
  • Room Count: 5

Exterior Features

  • Direction Faces: Southwest
  • Other Structures: Storage
  • Pool Features: Child Safety Fence, Heated, Indoor
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Sprinkler Metered, Storage
  • Roof: Built-Up
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch
  • Water Access: Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 100

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Assigned, Covered, Guest, Underground

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sprinkler Meter
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Fitness Center, Gated, Irrigation-Reclaimed Water, Pool, Waterfront Complex
  • Association Amenities: Elevator(s), Fitness Center, Gated, Laundry
  • Association Name: Cunningham Property Mgmt Corp. 941 349 8061
  • Association: No
  • Security: Fire Sprinkler System, Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: None
  • Building Name Number: SIESTA SANDS BUILDING C
  • Condo Fees: 2556

Fee Information

  • Total Annual Fees: 10224.00
  • Total Monthly Fees: 852.00

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0108181024
  • Additional Parcels: No
  • Fencing: Fenced
  • Lot Features: CoastalConstruction Control Line, Zero Lot Line
  • Homestead YN: 0
  • Future Land Use: 0404

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Expected Lease Date: 2013-08-09T00:00:00.000

Tax Info

  • Tax Annual Amount: 5513
  • Tax Book Number: 0027/0005
  • Tax Lot: 509

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2020
Closed on
Mar 5, 2021
Sold by
Sheppard Thomas A and Sheppard Donna L
Bought by
Streamrush Properties Llc
Seller's Agent
Sharon Cunningham
CUNNINGHAM PROP MGMT CORP
Buyer's Agent
Clint Kasten
WHITE SANDS REALTY GROUP FL
List Price
$699,500
Sold Price
$680,000
Premium/Discount to List
-$19,500
-2.79%
Current Estimated Value
$960,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,667
Avg. Annual Appreciation
7.02%

Purchase Details

Listed on
Jul 10, 2013
Closed on
Aug 8, 2013
Sold by
Hackett Janet T
Bought by
Sheppard Thomas A and Sheppard Donna L
List Price
$595,000
Sold Price
$570,000
Premium/Discount to List
-$25,000
-4.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.33%

Purchase Details

Closed on
Oct 16, 2009
Sold by
Cusick William L
Bought by
Hackett William R

Purchase Details

Closed on
Oct 11, 2005
Sold by
Evergreen Glen Apartments Ltd
Bought by
Cusick William L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.66%
Mortgage Type
Credit Line Revolving
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 Type Sale Price Title Company
Warranty Deed $680,000 Attorney
Warranty Deed $570,000 Attorney
Deed $495,000 Msc Title Llc
Warranty Deed $930,000 Diamond Title Sarasota Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $200,000 Credit Line Revolving
Previous Owner $730,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2021 04/05/21 Sold $680,000 -2.8% $618 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
12/21/2020 12/21/20 For Sale $699,500 +2.9% $636 / Sq Ft
12/20/2020 12/20/20 Off Market $680,000 -- --
10/19/2020 10/19/20 Price Changed $699,500 -4.0% $636 / Sq Ft
08/05/2020 08/05/20 For Sale $729,000 +7.2% $663 / Sq Ft
07/02/2020 07/02/20 Off Market $680,000 -- --
06/04/2020 06/04/20 Price Changed $729,000 -5.3% $663 / Sq Ft
01/23/2020 01/23/20 For Sale $769,800 +35.1% $700 / Sq Ft
08/09/2013 08/09/13 Sold $570,000 -4.2% $518 / Sq Ft
08/05/2013 08/05/13 Pending -- -- --
07/10/2013 07/10/13 For Sale $595,000 -- $541 / 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 $10,051 $829,700 -- $829,700
2023 $10,051 $880,400 $0 $880,400
2022 $8,615 $702,100 $0 $702,100
2021 $6,054 $492,200 $0 $492,200
2020 $5,306 $398,800 $0 $398,800
2019 $5,944 $476,700 $0 $476,700
2018 $5,627 $462,500 $0 $462,500
2017 $4,737 $351,500 $0 $351,500
2016 $4,837 $351,500 $0 $351,500
2015 $6,892 $497,100 $0 $497,100
2014 $6,610 $428,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3981073

Stellar MLS

APN: 0108-18-1024