NOT LISTED FOR SALE

1021 Crescent St Sarasota, FL 34242

Estimated Value: $1,933,000 - $2,332,000

3 Beds
3 Baths
2,780 Sq Ft
$1,172/mo HOA Fee

Last Sold June 25, 2020

Last sale price $1,150,000 $414 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $13,625/month

144 Days on Market

Highlights

  • Heated In Ground Pool
  • Open Floorplan
  • Cathedral Ceiling
  • Phillippi Shores Elementary School Rated A
  • Marble Flooring
  • Outdoor Kitchen

About This Home

As of June 2020

Siesta on the Rocks, conveniently located and just steps to Crescent Beach on Siesta Key. This state-of-the-art condo with its own private elevator is less than 5 years old and features 3 bedrooms and 3 baths situated in separate corners of the unit and individual patios, 11 foot ceilings, travertine marble flooring, stone counters, solid wood cabinets, security system, private 2 car garage with expansive open storage area, built-in grill and more. The pet-friendly community (2 large dogs welcome) features a pool and clubhouse and allows short term rentals; existing furniture included. Motivated Seller! And Trip Advisor 2020's #1 Beach in the United States is Siesta Key!

Last Agent to Sell the Property

Krista Potts

WATERS EDGE REALTY ASSOCIATES License #3214587 Listed on: 12/31/2019

Co-Listed By

Stephanie King

WATERS EDGE REALTY ASSOCIATES License #3270846

Last Buyer's Agent

Zain Hartman

HARTMAN REAL ESTATE & COMPANY License #3410066

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,574

Year Built

  • Built in 2015

Lot Details

  • South Facing Home

HOA Fees

  • $1,172 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,780 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Sliding Doors
  • Marble Flooring
  • Home Security System
  • Washer

Kitchen

  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Outdoor Kitchen

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, maintenance structure, ground maintenance, pool maintenance
  • Donnie Melendy Association, Phone Number (941) 378-1777
  • Point Of Rocks Terrace Community
  • Point Of Rocks Ter Subdivision
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pets up to 100 lbs
  • 2 Pets Allowed

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,574

Year Built

Built in 2015

Lot Details

0

HOA Fees

$1,172 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Pool Maintenance
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2780
  • New Construction: No
  • Year Built: 2015
  • Building Area Total: 4268
  • Directions to Property: STICKNEY POINT SOUTH ON MIDIGHT PASS RD TO CRESCENT STREET, COMPLEX APPROXIMATELY 1/10 MILE ON THE RIGHT.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4454575?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4454575?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: Yes
  • Ratio: Close Price\List Price: 0.88803
  • Price per Sq Ft: 413.67
  • Close to Original List Price Ratio: 0.82437
  • Ratio: Current Price\Building Area Total: 269.45
  • View: No
  • Co List Office Mls Id: 281524911
  • Co List Office Phone: 941-526-4911
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Marble
  • Full Bathrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Elevator, Open Floorplan, Skylight(s), Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 1021
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Pool Features: Heated, In Ground
  • Exterior Features: Balcony, Outdoor Kitchen, Sliding Doors
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 3517
  • Association Fee Frequency: Quarterly
  • Association Name: Donnie Melendy
  • Phone: 941-378-1777
  • Association: Yes
  • Security: Security System
  • Senior Community: No
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 14068
  • Monthly HOA Fee: 1172.33
  • Total Monthly Fees: 1172.33

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0108176001
  • Additional Parcels: No
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Max Pet Weight: 100
  • Minimum Lease: 1 Week
  • Approval Process: Application form attached.
  • Pet Restrictions: Please review docs for restrictions.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Application and $100 non-refunable fee must be submitted to association.

Tax Info

  • Tax Annual Amount: 12573.55
  • Tax Block: 1
  • Tax Book Number: 42-47
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2019
Closed on
Jun 25, 2020
Sold by
Demazarin Valerie Mazars and Palermo Vincent J
Bought by
Saline Erica and Saline Ronald
Seller's Agent
Krista Potts
WATERS EDGE REALTY ASSOCIATES
Buyer's Agent
Zain Hartman
HARTMAN REAL ESTATE & COMPANY
List Price
$1,295,000
Sold Price
$1,150,000
Premium/Discount to List
-$145,000
-11.2%
Current Estimated Value
$2,035,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$885,671
Avg. Annual Appreciation
14.95%
Original Mortgage
$920,000
Outstanding Balance
$831,969
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$1,531,266
Source: Public Records

Range of Values:

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Average Value
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List Price
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 Buyer Sale Price Title Company
Saline Erica $1,150,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saline Erica $920,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2020 06/25/20 Sold $1,150,000 -11.2% $414 / Sq Ft
05/20/2020 05/20/20 For Sale $1,295,000 +12.6% $466 / Sq Ft
05/16/2020 05/16/20 Pending -- -- --
04/03/2020 04/03/20 Off Market $1,150,000 -- --
03/07/2020 03/07/20 Price Changed $1,295,000 -7.2% $466 / Sq Ft
12/24/2019 12/24/19 For Sale $1,395,000 -- $502 / 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 $16,345 $1,297,060 -- --
2023 $16,345 $1,458,300 $0 $1,458,300
2022 $14,640 $1,270,000 $0 $1,270,000
2021 $12,651 $974,500 $0 $974,500
2020 $12,916 $975,900 $0 $975,900
2019 $12,574 $955,200 $0 $955,200
2018 $12,325 $935,200 $0 $935,200
2017 $11,515 $854,900 $0 $854,900
2016 $10,684 $796,500 $0 $796,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4454575

Stellar MLS

APN: 0108-17-6001