NOT LISTED FOR SALE

1115 Point of Rocks Rd Unit 6 Sarasota, FL 34242

Estimated Value: $399,851 - $575,000

-- Bed
1 Bath
301 Sq Ft
$450/mo HOA Fee

Last Sold April 09, 2012

Last sale price $112,500 $374 Per Sq Ft

Est. 364% increase in value since last sale

Current estimated payment $3,554/month

Highlights

  • Property fronts gulf or ocean
  • Key West Architecture
  • Pool View
  • Phillippi Shores Elementary School Rated A
  • End Unit
  • Community Pool

About This Home

As of April 2012

ACTIVE WITH CONTRACT. Short Sale. Just 100 yds walk to the award winning #1 beach on Siesta Key. This cute & cozy 1 bedroom efficiency is the perfect retreat to get away from it all. Heated pool by your front door.Pet friendly and 1 night minimum rental policy makes this condo a highly desirable rental property. Income to price ratio is the best on Siesta Key. Try and find another deal like this one - you won't. Everything is new; Twin Palms was renovated in 2003 and has been meticulously maintained & updated since then. The unit grossed over $15,000 in rental income for 2011, and already has 2012 reservations on the calendar.

Last Agent to Sell the Property

Lisa Warren

OWN SRQ LLC License #3079333 Listed on: 12/07/2011

Last Buyer's Agent

Nicole Hunkapiller

LIMBO COMPANY SARASOTA ASSOC License #3212930

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,292

Year Built

  • Built in 1995

Lot Details

  • Property fronts gulf or ocean
  • End Unit
  • Zero Lot Line

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Key West Architecture
  • Studio
  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1 Full Bathroom
  • 301 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Ceramic Tile Flooring
  • Pool Views

Kitchen

  • Range
  • Microwave

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 insurance, maintenance structure, ground maintenance, maintenance repairs, pest control, sewer, trash, water
  • Twin Palms Condos
  • Twin Palms Of Siesta Key Community
  • Twin Palms Of Siesta Key Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,292

Year Built

Built in 1995

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • HOA Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Key West
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 301
  • Lot Size Acres: 0.32
  • New Construction: No
  • Year Built: 1995
  • Building Area Total: 301
  • Lot Size Sq Ft: 13754
  • Directions to Property: Take Stickney Point Bridge onto siesta Key. S on Midnight Pass to right on Point of Rocks Road. Condo on right.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3952797&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3952797&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Subdivision Num: 8284
  • Property Description: Studio/Efficiency, End Unit
  • Call Center Phone Number: 941-400-4084
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 373.75
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 373.75
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: 12

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 1115
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Metal
  • Pool Private: No
  • View: Pool
  • Waterfront: Yes
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Amenities: Laundry
  • Association Fee: 1350
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Complex Community Name NCCB: Twin Palms
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 5400
  • Total Monthly Fees: 450

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0108174006
  • Additional Parcels: No
  • Lot Features: Zero Lot Line
  • Millage Rate: 13.16
  • Future Land Use: 0403
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 1-7 Days
  • Expected Lease Date: 2012-04-09T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 1292
  • Tax Book Number: 0036/0023
  • Tax Lot: 6

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2015
Sold by
Rodenbeck Thomas S and Rodenbeck Thomas
Bought by
One Srq Llc
Current Estimated Value
$521,963

Purchase Details

Listed on
Dec 7, 2011
Closed on
Apr 9, 2012
Sold by
Mckenna Brian J and Mckenna Contessa S
Bought by
Rodenbeck Thomas
Seller's Agent
Lisa Warren
OWN SRQ LLC
Buyer's Agent
Nicole Hunkapiller
LIMBO COMPANY SARASOTA ASSOC
List Price
$112,500
Sold Price
$112,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.09%

Purchase Details

Closed on
Mar 30, 2005
Sold by
Tight Lines Realty Llc
Bought by
Mckenna Brian J and Mckenna Contessa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
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
One Srq Llc $440,000 Attorney
Rodenbeck Thomas $112,500 Attorney
Mckenna Brian J $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mckenna Brian J $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2012 04/09/12 Sold $112,500 0.0% $374 / Sq Ft
12/08/2011 12/08/11 Pending -- -- --
12/07/2011 12/07/11 For Sale $112,500 -- $374 / 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 $4,167 $338,300 -- $338,300
2023 $4,167 $326,100 $0 $326,100
2022 $2,533 $187,700 $0 $187,700
2021 $2,311 $159,500 $0 $159,500
2020 $2,271 $153,900 $0 $153,900
2019 $2,468 $172,700 $0 $172,700
2018 $2,402 $168,900 $0 $168,900
2017 $2,466 $171,000 $0 $171,000
2016 $2,257 $155,800 $0 $155,800
2015 $1,983 $141,600 $0 $141,600
2014 $1,806 $95,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3952797

Stellar MLS

APN: 0108-17-4006