NOT LISTED FOR SALE

1027 Crescent St Unit 1027 Sarasota, FL 34242

Estimated Value: $1,709,000 - $2,446,000

3 Beds
3 Baths
2,780 Sq Ft
$1,314/mo HOA Fee

Last Sold August 16, 2022

Last sale price $1,825,000 $656 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $13,371/month

50 Days on Market

Highlights

  • Water Access
  • Public Beach
  • Deck
  • Phillippi Shores Elementary School Rated A
  • Open Floorplan
  • Marble Flooring

About This Home

As of August 2022

Own a piece of paradise on Siesta Key just south of Stickney Point Rd on Crescent Street! Located just 1/10 of a mile to Crescent Beach at the Point of Rocks Public Access 13, it is easy to get to and from the beach at any time. This beautifully "built to last” condo is perfect as a full time home or a fantastic income producing property. Sold TURN KEY furnished minus the studio equipment and studio furniture. Built to hurricane codes, this 3 BR, 3 BA condo has 10-11 foot ceilings, travertine marble floors, granite counters and stainless steel appliances. Each of the two units in the building has its own floor, all one level living, and private elevator. The open floor plan creates a wonderful flow throughout the kitchen, living room and dining room. The sliding glass doors invite the outdoors in and extends the living space to the terrace with the outdoor grill. Each bedroom has its own terrace. The third bedroom has been outfitted as a sound proof room, perfect for working from home and can easily be converted back to a bedroom. Crescent Village is just up the street with restaurants, boats, jet skis and bike rentals, ice cream & coffee shops and boutiques. The community features a private clubhouse and community pool. Zoning and Association Rules allow short-term rentals and two big dogs are welcome. Great investment opportunity! *** Personal items, studio furniture and equipment do not convey***

Last Agent to Sell the Property

Jackie Eberley

COLDWELL BANKER REALTY License #3421725 Listed on: 05/14/2022

COLDWELL BANKER REALTY

Co-Listed By

Betsy De Manio

COLDWELL BANKER REALTY License #0413658

Last Buyer's Agent

Ron and Bozena Suponcic

COLDWELL BANKER REALTY License #3043255

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,750

Year Built

  • Built in 2016

Lot Details

  • Public Beach
  • South Facing Home
  • Irrigation
  • Condo Land Included

HOA Fees

  • $1,314 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Golf Cart Parking

Home Design

  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,780 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Crown Molding
  • Tray Ceiling
  • Ceiling Fan
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Marble Flooring
  • Dryer

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Water Access
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Grill

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, maintenance structure, ground maintenance
  • Siesta/Rocks Ph 2 Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets up to 100 lbs
  • 2 Pets Allowed

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,750

Year Built

Built in 2016

Lot Details

0

HOA Fees

$1,314 per month

Parking

4

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2780
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 2016
  • Building Area Total: 4268
  • Lot Size Sq Ft: 10000
  • Directions to Property: STICKNEY POINT BRIDGE SOUTH TO CRESCENT STREET ON THE RIGHT HAND SIDE. APPOXIMATELY 1/10TH MILE
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4534477?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4534477?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.92405
  • Price per Sq Ft: 656.47
  • Close to Original List Price Ratio: 0.92405
  • Ratio: Current Price\Building Area Total: 427.6
  • View: No
  • Co List Office Mls Id: 281502372
  • Co List Office Phone: 941-349-4411
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Marble
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Elevator, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 3
  • Street Number Modifier: 1027
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Exterior Features: Balcony, Irrigation System, Outdoor Grill
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Road Surface Type: Asphalt
  • Water Access: Beach - Public
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Covered, Driveway, Garage Door Opener, Golf Cart Parking, Guest
  • Covered Parking Spaces: 4
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association: No
  • Senior Community: No
  • Condo Fees: 3943
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 1314
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 15772
  • Total Monthly Fees: 1314.33

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0108176004
  • Additional Parcels: No
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Large (61-100 Lbs.)
  • Max Pet Weight: 100
  • Minimum Lease: 1 Week
  • Num Timesper Year: 52
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please refer to Association Rules

Tax Info

  • Tax Annual Amount: 12750.42
  • Tax Block: 1
  • Tax Book Number: 43-08
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2022
Closed on
Aug 12, 2022
Sold by
Martha G Cornell Revocable Trust
Bought by
Baja Casa I Llc
Seller's Agent
Jackie Eberley
COLDWELL BANKER REALTY
Buyer's Agent
Ron and Bozena Suponcic
COLDWELL BANKER REALTY
List Price
$1,975,000
Sold Price
$1,825,000
Premium/Discount to List
-$150,000
-7.59%
Current Estimated Value
$1,937,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,831
Avg. Annual Appreciation
2.76%
Original Mortgage
$1,000,000
Outstanding Balance
$957,090
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$1,024,316

Purchase Details

Closed on
Jul 29, 2021
Sold by
The Cornell Collection Llc
Bought by
Cornell Martha G and Cornell Brian C

Purchase Details

Closed on
Mar 3, 2016
Sold by
1019 Crescent Street Llc
Bought by
The Cornell Collection Llc
Source: Public Records

Range of Values:

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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
Baja Casa I Llc $1,825,000 None Listed On Document
Cornell Martha G -- Accommodation
The Cornell Collection Llc $1,072,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baja Casa I Llc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2022 08/16/22 Sold $1,825,000 -7.6% $656 / Sq Ft
07/13/2022 07/13/22 Off Market $1,975,000 -- --
07/04/2022 07/04/22 Pending -- -- --
06/13/2022 06/13/22 For Sale $1,975,000 0.0% $710 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
05/14/2022 05/14/22 For Sale $1,975,000 -- $710 / 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 $17,993 $1,561,500 -- $1,561,500
2023 $17,993 $1,470,600 $0 $1,470,600
2022 $15,855 $1,282,100 $0 $1,282,100
2021 $12,750 $982,700 $0 $982,700
2020 $12,966 $979,900 $0 $979,900
2019 $13,675 $1,044,000 $0 $1,044,000
2018 $13,300 $1,013,600 $0 $1,013,600
2017 $12,427 $926,900 $0 $926,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4534477

Stellar MLS

APN: 0108-17-6004