NOT LISTED FOR SALE

1055 W Peppertree Dr Unit 605AA Sarasota, FL 34242

Estimated Value: $652,055 - $747,000

2 Beds
2 Baths
1,105 Sq Ft
$622/mo HOA Fee

Last Sold November 06, 2020

Last sale price $508,500 $460 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,905/month

56 Days on Market

Highlights

  • Waterfront Community
  • Private Beach
  • Fitness Center
  • Phillippi Shores Elementary School Rated A
  • Access To Pond
  • Heated In Ground Pool

About This Home

As of November 2020

Peppertree is a unique Gulf to Bay complex. It is a very well maintained property. Located just moments to the areas #1 attraction, beautiful Siesta Key beach. The exterior grounds have mature trees, nicely manicured landscaping and paver driveways/walkways throughout. The unit is located on the Gulf side, in the mid rise building closest to the pool and beach. No need to cross Midnight Pass road to get to the beach! The unit is being sold furnished. Owner has taken excellent care of the unit over the years. Kitchen has an open floor plan with updates granite countertops, honed backsplash tile. Bathrooms updates include granite counters. Master bath has a step in shower. Walk in closet has custom cabinets. Full size washer/dryer inside laundry room with storage. Enclosed large lanai sunroom overlooks the grounds with fountain and partial Gulf views. Great spot for entertaining, or reading. Assigned under the building parking with storage. Security for added comfort and safety. The condominium complex amenities are plentiful. Two heated pools, lighted tennis courts, bbq grills, beach chairs for residents, fitness center and two clubhouses. Fishing pier is on the intracoastal waterway. On site management and rental program. Peppertree is located on the free Siesta Key trolley route that will take you to and from your favorite attractions. Why not explore resort style living at it's best a must see.

Last Agent to Sell the Property

Katie Cintron

COLDWELL BANKER REALTY License #3285436 Listed on: 08/07/2020

COLDWELL BANKER REALTY

Co-Listed By

Helene Hyland

COLDWELL BANKER REALTY License #3022382

Last Buyer's Agent

Georgia Salaverri

COMPASS FLORIDA LLC License #0705963

COMPASS FLORIDA LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,493

Year Built

  • Built in 1974

Lot Details

  • Private Beach
  • East Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $622 Monthly HOA Fees

Parking

  • Guest Parking

Property Views

  • Partial Bay or Harbor
  • Pond

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Block Exterior

Interior Spaces

  • 1,105 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Pool Lighting

Outdoor Features

  • Access To Pond
  • Fishing Pier
  • Enclosed Patio or Porch

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 24-hour guard, cable TV, community pool, escrow reserves fund, fidelity bond, internet, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, private road, recreational facilities, security, sewer, trash, water
  • Jim Freeman Association
  • Mid-Rise Condominium
  • Peppertree Bay Community
  • Peppertree Bay IV Subdivision
  • The community has rules related to no truck, recreational vehicles, or motorcycle parking
  • Rental Restrictions
  • 8-Story Property

Amenities

  • Elevator

Recreation

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

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,493

Year Built

Built in 1974

Lot Details

0

HOA Fees

$622 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Internet, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1105
  • Lot Size Acres: 7.2
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 1365
  • Lot Size Sq Ft: 313804
  • Directions to Property: Heading south on Midnight Pass road, turn right on Peppertree drive. Last mid rise on right. From Stickney point bridge heading north on Midnight Pass road, turn left on Peppertree drive. Last mid rise on right.
  • Status: Sold
  • Street Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4474227?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4474227?w=Customer
  • Floor Number: 6
  • Homestead Y N: Yes
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Mid Rise
  • Ratio: Close Price\List Price: 0.96857
  • Price per Sq Ft: 460.18
  • Close to Original List Price Ratio: 0.96857
  • Ratio: Current Price\Building Area Total: 372.53
  • View: Yes
  • Co List Office Mls Id: 281502372
  • Co List Office Phone: 941-349-4411
  • Ownership: Condominium
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Stone Counters
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 8
  • Street Number Modifier: 1055
  • Room Count: 6

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated, In Ground, Lighting
  • Exterior Features: Tennis Court(s)
  • Roof: Membrane
  • Pool Private: Yes
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Enclosed
  • Water View: Gulf/Ocean - Partial, Pond
  • Water Access: Beach - Private, Pond
  • Water Extras: Fishing Pier
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Guest, Under Building
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fishing, Fitness, No Truck/RV/Motorcycle Parking, Pool, Tennis Courts, Water Access, Waterfront
  • Association Name: Jim Freeman
  • Phone: 349-7777
  • Association: No
  • Senior Community: No
  • Condo Fees: 622
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 622
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 7464
  • Total Monthly Fees: 622

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0106034082
  • Additional Parcels: No
  • Flood Zone Code: VE

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Approval Process: Obtain rental application from the rental office. See condo docs for further info.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: One month minimum rental period at maximum four times per year. See condo docs for further info.

Tax Info

  • Tax Annual Amount: 4493.31
  • Tax Book Number: 8-19
  • Tax Lot: 605

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2021
Sold by
Vugman Aleksander and Vugman Galina
Bought by
Vugman Aleksander and Vugman Galina
Current Estimated Value
$696,264

Purchase Details

Listed on
Aug 7, 2020
Closed on
Nov 6, 2020
Sold by
Liakos Chrisoula and Liakos Chrisoula
Bought by
Vugman Aleksander and Vugman Galina
Seller's Agent
Katie Cintron
COLDWELL BANKER REALTY
Buyer's Agent
Georgia Salaverri
COMPASS FLORIDA LLC
List Price
$525,000
Sold Price
$508,500
Premium/Discount to List
-$16,500
-3.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%
Original Mortgage
$350,000
Outstanding Balance
$252,808
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$443,456

Purchase Details

Closed on
Dec 13, 2011
Sold by
Liakos Chrisoula
Bought by
Liakos Chrisoula and The Liakos Family Revocable Living Trust

Purchase Details

Closed on
May 17, 2000
Sold by
Liakos Nicholas and Liakos Chrisoula
Bought by
Liakos Chrisoula
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 Buyer Sale Price Title Company
Vugman Aleksander -- Accommodation
Vugman Aleksander $508,500 Attorney
Liakos Chrisoula -- Attorney
Liakos Chrisoula -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vugman Aleksander $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2020 11/06/20 Sold $508,500 -3.1% $460 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $525,000 -- $475 / 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 $7,222 $570,467 -- --
2023 $7,222 $639,800 $0 $639,800
2022 $6,536 $564,900 $0 $564,900
2021 $5,620 $428,600 $0 $428,600
2020 $4,645 $380,100 $0 $0
2019 $4,493 $371,554 $0 $0
2018 $0 $364,626 $0 $0
2017 $4,375 $357,126 $0 $0
2016 $4,371 $360,500 $0 $360,500
2015 $4,452 $376,200 $0 $376,200
2014 $4,435 $339,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4474227

Stellar MLS

APN: 0106-03-4082