NOT LISTED FOR SALE

1041 W Peppertree Dr Unit 1113 Sarasota, FL 34242

Estimated Value: $573,000 - $647,000

2 Beds
1.5 Baths
975 Sq Ft
$561/mo HOA Fee

Last Sold January 27, 2023

Last sale price $725,000 $744 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $4,244/month

150 Days on Market

Highlights

  • Waterfront Community
  • Water Access
  • Fishing
  • Phillippi Shores Elementary School Rated A
  • Fitness Center
  • Pool View

About This Home

As of January 2023

Location to the Beach? Got It! This charming upstairs unit with screened-in balcony is not short on space.
Overlooking the gulf side heated pool, fitness center, clubhouse and your private view of the Gulf of Mexico this unit fits the bill and priced turnkey furnished to go. Interior flows from one room to another, laundry area in your unit (full size washer and dryer!). Kitchen design with ample counter space, storage, pantry; and kitchen window that brings in the natural light makes you feel like cooking and doing dishes is anything but a chore. Master bedroom has ample space for that King size bed and full walk in closet. Guest Bedroom and/or den has french doors for whatever your living desires will be. Master Bath hosts tub/shower with a door leading to your extra half bath. A walk-in private storage unit next to your front door, leave your sandy beach toys and fishing gear there. Well maintained unit, you can do as much or as little, move right in and take your time to decide. Note: Tenant in place for Season 2023 – February 1 thru April 30th, lease must be honored. Unit has always been income producing; or maybe you just want it for your very own beach bungalow, how awesome would that be, weekend getaways to Siesta Key Beach! Whatever your Paradise feels and looks like, Sarasota and surrounding area has something for everyone. Property has onsite management and rental office. December tenant in place must have 24 hour notice and showings between 1:00 and 3:30 p.m.

Last Agent to Sell the Property

Lisa Beach

WATERSIDE REALTY LLC License #0550134 Listed on: 08/08/2022

Last Buyer's Agent

David Anthony

MICHAEL SAUNDERS & COMPANY License #3414607

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,728

Year Built

  • Built in 1974

Lot Details

  • South Facing Home
  • Condo Land Included

HOA Fees

  • $561 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Turnkey
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 975 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Carpet
  • Pool Views
  • Walk-Up Access

Kitchen

  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Water Access
  • Screened Patio
  • Outdoor Storage

Schools

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

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, community pool, escrow reserves fund, fidelity bond, internet, maintenance structure, ground maintenance, pest control, pool maintenance, private road, recreational facilities, security, sewer, trash, water
  • Jessie Carter Association, Phone Number (941) 349-7777
  • Peppertree Bay Community
  • Peppertree Bay IV Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Waterfront Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Fishing

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,728

Year Built

Built in 1974

Lot Details

0

HOA Fees

$561 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Fidelity Bond, Internet, Maintenance Structure, Maintenance Grounds, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 975
  • New Construction: No
  • Year Built: 1974
  • Directions to Property: Midnight Pass Road to W Peppertree Drive, as you pass the last highrise on the right, keep going straight until you see 1041's parking space, park and walk to building which will be on your right, 1041 upstairs unit.
  • Status: Sold
  • Street Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4544511?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4544511?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Walk-Up
  • Ratio: Close Price\List Price: 0.96796
  • Price per Sq Ft: 743.59
  • Close to Original List Price Ratio: 0.91888
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 1041
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Exterior Features: Storage
  • Roof: Shingle
  • Pool Private: No
  • View: Pool
  • Waterfront: No
  • Patio and Porch Features: Screened
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fishing, Fitness, Pool, Tennis Courts, Water Access, Waterfront
  • Association Name: Jessie Carter
  • Phone: 941-349-7777
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 561
  • Condo Fees Term: Monthly
  • Association Email: Jcarter@peppertreebay.com
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 561
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 6732
  • Total Monthly Fees: 561

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0106034143
  • Additional Parcels: No
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Approval Process: fill out application and submit fee and a copy of the lease to Peppertree
  • Num Timesper Year: 4
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: application, fee and approval must be made prior to moving in.

Tax Info

  • Tax Annual Amount: 3728.23
  • Tax Block: CW
  • Tax Book Number: 8-19
  • Tax Lot: na

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2022
Closed on
Jan 27, 2023
Sold by
Caldwell Don R
Bought by
Shepherd Michael Reid and Shepherd Holly
Seller's Agent
Lisa Beach
WATERSIDE REALTY LLC
Buyer's Agent
David Anthony
MICHAEL SAUNDERS & COMPANY
List Price
$789,000
Sold Price
$725,000
Premium/Discount to List
-$64,000
-8.11%
Views
110
Current Estimated Value
$616,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$108,116
Avg. Annual Appreciation
-5.74%
Source: Public Records

Range of Values:

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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
Shepherd Michael Reid $725,000 Msc Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2023 01/27/23 Sold $725,000 -3.2% $744 / Sq Ft
01/06/2023 01/06/23 Pending -- -- --
10/18/2022 10/18/22 Price Changed $749,000 -5.1% $768 / Sq Ft
08/08/2022 08/08/22 For Sale $789,000 -- $809 / 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 $5,062 $576,200 -- $576,200
2023 $5,062 $458,400 $0 $458,400
2022 $4,541 $397,700 $0 $397,700
2021 $3,728 $276,000 $0 $276,000
2020 $3,579 $259,100 $0 $259,100
2019 $3,760 $286,900 $0 $286,900
2018 $3,407 $257,200 $0 $257,200
2017 $3,414 $218,526 $0 $0
2016 $3,318 $268,300 $0 $268,300
2015 $2,631 $180,600 $0 $180,600
2014 $4,298 $266,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4544511

Stellar MLS

APN: 0106-03-4143