NOT LISTED FOR SALE

1087 W Peppertree Dr Unit 221D Sarasota, FL 34242

Siesta Key Neighborhood

Estimated Value: $667,000 - $824,372

2 Beds
2 Baths
1,310 Sq Ft
$585/mo HOA Fee

Last Sold January 28, 2022

Last sale price $789,000 $602 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,461/month

258 Days on Market

Highlights

  • Water Access
  • Fitness Center
  • Clubhouse
  • Phillippi Shores Elementary School Rated A
  • Lake View
  • End Unit

About This Home

As of January 2022

Gulfside garden downstairs unit with steps; 2 bedroom 2 bath with garage and lake view! You will love this split-level unit with great room size and floor plan. Short walking distance to the private beach and gulfside pool. Amenities for the complex include fitness center, 2 heated pools, fishing pier, 2 clubhouses, tennis courts, onsite management. Rentals are one month minimum with 4 individual leases per year. Your own private garage has plenty of space for your beach toys, beach chairs and car. Laundry Room located inside unit. Unit was completely refurbished in 2011. Crown molding throughout unit, custom closets, plantation shutters, tile floor and carpeting, enclosed lanai overlooks the interior lake/fountain give you added living space. Recent updates include A/C, 80 gal hot water tank, garage door opener 2020; new roof on the building - 2019, exterior of building freshly painted 2020. Peppertree on Siesta Key is conveniently located to shopping, restaurants, golfing, airports, the Arts, Interstate 75, and of course Siesta Beach, Lido Beach, Venice Beach. There is something for everyone.

Last Listed By

Lisa Beach

WATERSIDE REALTY LLC License #0550134 Listed on: 03/16/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,917

Year Built

  • Built in 1974

Lot Details

  • End Unit
  • South Facing Home
  • Condo Land Included

HOA Fees

  • $585 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Parking Garage Space
  • Open Parking
  • Reserved Parking

Property Views

  • Lake
  • Lagoon
  • Park or Greenbelt

Home Design

  • Split Level Home
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,310 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Walk-Up Access

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Fishing Pier
  • Enclosed patio or porch
  • Outdoor Grill

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, ground maintenance, manager, pest control, pool maintenance, private road, recreational facilities, security, sewer, water
  • Jim Freeman/Peppertree Bay Association, Phone Number (941) 374-9133
  • Peppertree Bay Community
  • Peppertree Bay Iv Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,917

Year Built

Built in 1974

Lot Details

0

HOA Fees

$585 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Wood Frame, Wood Siding
  • Fireplace: No
  • Living Area: 1310
  • New Construction: No
  • Year Built: 1974
  • Directions to Property: Midnight Pass Road to W Peppertree Drive, follow to 1087. P.S. the address plate was damaged during painting, so there is no sign, it is on order, watch for 1089- 1083, 1087 will be downstairs in the same quad.
  • Status: Sold
  • Street Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4493593?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4493593?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Corner Unit, Walk-Up
  • Ratio: Close Price\List Price: 0.98748
  • Price per Sq Ft: 602.29
  • Close to Original List Price Ratio: 0.98748
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, High Ceiling(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Multi/Split
  • Stories: 1
  • Street Number Modifier: 1087
  • Room Count: 6

Exterior Features

  • Direction Faces: South
  • Other Structures: Tennis Court(s)
  • Exterior Features: Outdoor Grill, Sidewalk, Tennis Court(s)
  • Roof: Shingle
  • Pool Private: No
  • View: Greenbelt, Water
  • Waterfront: No
  • Patio and Porch Features: Enclosed
  • Water View: Lagoon, Lake
  • Water Extras: Fishing Pier
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: Yes
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Reserved, Under Building
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Cable Connected, 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: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness, Pool, Tennis Courts, Water Access
  • Association Amenities: Clubhouse, Fitness Center, Pool, Tennis Court(s)
  • Association Name: Jim Freeman/Peppertree Bay
  • Phone: 941-374-9133
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 585
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 585
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 7020
  • Total Monthly Fees: 585

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0106034117
  • Additional Parcels: No
  • Flood Zone Code: X, A

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Approval Process: MUST BE SUBMITTED PRIOR TO CLOSING DATE FOR APPROVAL, FEE AND APPLICATION
  • Num Timesper Year: 4
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: NO PETS - CONDO DOCS - RULES AND REGULATIONS

Tax Info

  • Tax Annual Amount: 5916.99
  • Tax Book Number: 8-19
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2024
Sold by
Norman Eric and Norman Karen
Bought by
Schutter Michael and Schutter Jeanne
Total Days on Market
258
Current Estimated Value
$734,343

Purchase Details

Listed on
Mar 16, 2021
Closed on
Jan 28, 2022
Sold by
Kenneth Macdonald
Bought by
Norman Eric and Norman Karen
Seller's Agent
Lisa Beach
WATERSIDE REALTY LLC
Buyer's Agent
Curt Arndt
FLORIDA REALTY INVESTMENTS
List Price
$799,000
Sold Price
$789,000
Premium/Discount to List
-$10,000
-1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.25%
Original Mortgage
$509,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2016
Sold by
Macdonald Kenneth H and Alonso Begona
Bought by
Macdonald Kenneth J and Alonso Begona

Purchase Details

Closed on
Apr 4, 2011
Sold by
Lane Fred
Bought by
Macdonald Kenneth J and Alonso Begona

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
4.92%
Mortgage Type
New Conventional

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
Schutter Michael $680,000 None Listed On Document
Norman Eric $789,000 None Listed On Document
Macdonald Kenneth J -- None Available
Macdonald Kenneth J $345,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Norman Eric $509,000
Previous Owner Macdonald Kenneth J $195,500
Previous Owner Macdonald Kenneth J $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $789,000 -1.3% $602 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
11/29/2021 11/29/21 For Sale $799,000 +1.3% $610 / Sq Ft
10/30/2021 10/30/21 Off Market $789,000 -- --
08/18/2021 08/18/21 For Sale $799,000 +1.3% $610 / Sq Ft
06/23/2021 06/23/21 Off Market $789,000 -- --
03/16/2021 03/16/21 For Sale $799,000 -- $610 / 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 $9,424 $770,700 -- $770,700
2023 $9,424 $769,600 $0 $769,600
2022 $7,443 $662,100 $0 $662,100
2021 $6,187 $472,100 $0 $472,100
2020 $5,917 $441,200 $0 $441,200
2019 $6,485 $492,400 $0 $492,400
2018 $5,903 $445,000 $0 $445,000
2017 $6,010 $430,639 $0 $0
2016 $5,473 $396,500 $0 $396,500
2015 $5,102 $355,900 $0 $355,900
2014 $5,050 $316,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4493593

Stellar MLS

APN: 0106-03-4117