$430,000
SOLD SEP 18, 2020

Peppertree Bay 1130 W Peppertree Ln Unit 118 Sarasota, FL 34242

2 Beds
2 Baths
975 Sq Ft
$467/mo HOA Fee

Recently Sold

$441 Per Sq Ft

8% Below List Price

57 Days on Market

Highlights

  • 22 Feet of Waterfront
  • Private Beach
  • Heated In Ground Pool
  • Phillippi Shores Elementary School Rated A
  • Fitness Center
  • Home fronts a lagoon or estuary

About This Home

As of September 2020

Siesta Key! Totally unique condo! One of a kind! The best beachy feel on the Gulf of Mexico. This tranquil setting will put you at ease in this frantic world. With the Gulf and beautiful sunsets on your west side and fishing pier on the east side, how could you go wrong. This 2 bedroom 2 bathroom condo is nestled in a beach to bay complex (beach side of the road) and has a pond view. Drink your coffee or tea, read a book, watch wildlife, or just take a nap on your lanai as you listen to the fountain in the pond. You will love the new updated kitchen with new cabinets and quartz counter tops. There are new appliances in the kitchen. New AC installed last year. The new plank wood tile floors in the kitchen and the living room bring style and class to the condo. The guest bathroom has been updated. The master bath has has spacious cabinets, quartz counter top and a new tile floor. The master bedroom has a walk-in closet. Large storage closet on the lanai for your beach chairs, noodles for the pool, bicycles, beach umbrellas, etc. Now, is the time to buy before prices skyrocket. Just remember this condo would be a million dollars in downtown Sarasota. It is priced to sell. The owners at Peppertree love to bring their family to make memories and spend time together at the beach, in the swimming pool, fish from the fishing pier, or have parties in the clubhouse. You couldn't ask for anything more. Invest in your future! It is resort style living. No shoes, no shirt, no problem. Peppertree boasts of their updated abundant amenities: private beach, 2 heated pools for your convenience,saunas, 2 clubhouses for your entertaining needs, fishing pier, fitness center to do your cardio workout, BBQ areas, and tennis courts.
There is night and weekend security guards on the property when the office is closed and on-site management and rental/sales agents in the office Monday-Friday.

Last Agent to Sell the Property

Cheryl Santelli

PEPPERTREE BAY REALTY INC License #3092756 Listed on: 06/09/2020

Last Buyer's Agent

Judie Berger

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0671663

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,076

Year Built

  • Built in 1974

Lot Details

  • Property fronts a private road
  • Private Beach
  • End Unit
  • North Facing Home
  • Mature Landscaping
  • Street paved with bricks

HOA Fees

  • $467 Monthly HOA Fees

Property Views

  • Lagoon
  • Woods

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 975 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Drapes & Rods
  • Storage Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • On-Street Parking
  • Assigned Parking

Accessible Home Design

  • Wheelchair Access

Pool

  • Heated In Ground Pool
  • Pool Lighting

Outdoor Features

  • Access To Lagoon or Estuary
  • Fishing Pier
  • Screened Patio
  • Exterior Lighting
  • Outdoor Storage
  • Rear Porch

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, internet, maintenance structure, ground maintenance, manager, pest control, pool maintenance, private road, recreational facilities, security, sewer, trash, water
  • Jim Freeman Association, Phone Number (941) 349-7777
  • Peppertree Bay Community
  • Peppertree Bay Iii Subdivision
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking, vehicle restrictions
  • Rental Restrictions
  • Community features wheelchair access

Amenities

  • Clubhouse

Recreation

  • Recreation Facilities
  • Fishing

Security

  • Security Service
  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,076

Year Built

Built in 1974

Lot Details

0

HOA Fees

$467 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 975
  • Lot Size Acres: 4.26
  • New Construction: No
  • Year Built: 1974
  • Lot Size Sq Ft: 185704
  • Directions to Property: From 41, turn west onto Stickney Point Rd, turn right (north)on to Midnight Pass Rd, go about a 1/2 mile to Peppertree Lane and turn left (west), go to 1130 on the left.
  • Status: Sold
  • Street Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4469091?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4469091?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Unit Number Y N: No
  • Property Description: Corner Unit
  • Ratio: Close Price\List Price: 0.92473
  • Price per Sq Ft: 441.03
  • Close to Original List Price Ratio: 0.92473
  • View: Yes
  • 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), Open Floorplan, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Blinds, Drapes
  • Street Number Modifier: 1130
  • Room Count: 5
  • Additional Rooms: Storage Rooms

Exterior Features

  • Direction Faces: North
  • Pool Features: Heated, In Ground, Lighting
  • Exterior Features: Lighting, Storage, Tennis Court(s)
  • Roof: Shingle
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Trees/Woods, Water
  • Waterfront: Yes
  • Patio and Porch Features: Rear Porch, Screened
  • Road Surface Type: Street Brick
  • Water View: Lagoon
  • Water Access: Beach - Private, Lagoon
  • Water Extras: Fishing Pier
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 22
  • Water Frontage Feet Lagoon: 22
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Street Lights, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fishing, Fitness, No Truck/RV/Motorcycle Parking, Pool, Tennis Courts, Water Access, Waterfront, Wheelchair Access
  • Association Amenities: Clubhouse, Fitness Center, Lobby Key Required, Pool, Recreation Facilities, Security, Tennis Court(s), Vehicle Restrictions, Wheelchair Access
  • Association Name: Jim Freeman
  • Phone: 941-349-7777
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 467
  • Condo Fees Term: Monthly
  • Association Email: jfreeman@peppertreebay.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 467
  • Amenities Additional Fees: There may be special assessments if the building reserves for that specific building don't have enough money to cover the project.
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 5604
  • Total Monthly Fees: 467

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0106033056
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Minimum Lease: 1 Month
  • Approval Process: Notify the Rental agent, Kelly Holihan at Peppertree 941-349-7777
  • Num Timesper Year: 4
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: NO Pets

Tax Info

  • Tax Annual Amount: 5076.36
  • Tax Block: BA
  • Tax Book Number: 8-18
  • Tax Lot: 118

Multi Family

  • Waterfront Features: Lagoon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2020
Closed on
Sep 18, 2020
Sold by
Schrieyer Karen
Bought by
Baxter Lawrence and Henriquez Elizabeth
Seller's Agent
Cheryl Santelli
PEPPERTREE BAY REALTY INC
Buyer's Agent
Judie Berger
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$465,000
Sold Price
$430,000
Premium/Discount to List
-$35,000
-7.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.27%
Original Mortgage
$230,000
Outstanding Balance
$170,818
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$513,282

Purchase Details

Listed on
Apr 15, 2017
Closed on
Aug 29, 2017
Sold by
Savidge Roger D and Savidge Elizabeth M
Bought by
Schreyer Karen
Seller's Agent
Cheryl Santelli
PEPPERTREE BAY REALTY INC
Buyer's Agent
Tony Andrews
ANDREWS & ASSOCIATES REALTY
List Price
$399,990
Sold Price
$360,000
Premium/Discount to List
-$39,990
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%

Purchase Details

Closed on
Nov 1, 2002
Sold by
Savidge Elizabeth M and Savidge Roger D
Bought by
Savidge Roger D and Savidge Elizabeth M

Purchase Details

Closed on
Oct 27, 1998
Sold by
Savidge Roger D and Savidge Elizabeth M
Bought by
Savidge Elizabeth M

Purchase Details

Closed on
Oct 13, 1993
Sold by
1031 Corp
Bought by
Savidge Roger D and Savidge Elizabeth M

Purchase Details

Closed on
Jun 10, 1993
Sold by
Greenwalt Larry K and Greenwalt Joyce L
Bought by
1031 Corp
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $430,000 Attorney
Warranty Deed $360,000 Attorney
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $140,000 --
Warranty Deed $140,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $230,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 For Sale $687,000 0.0% $705 / Sq Ft
05/13/2025 05/13/25 Off Market $687,000 -- --
04/22/2025 04/22/25 Price Changed $687,000 -1.9% $705 / Sq Ft
01/04/2025 01/04/25 For Sale $700,000 +62.8% $718 / Sq Ft
09/18/2020 09/18/20 Sold $430,000 -7.5% $441 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
06/09/2020 06/09/20 For Sale $465,000 +29.2% $477 / Sq Ft
11/27/2017 11/27/17 Off Market $360,000 -- --
08/29/2017 08/29/17 Sold $360,000 -5.0% $369 / Sq Ft
08/18/2017 08/18/17 Pending -- -- --
08/03/2017 08/03/17 Price Changed $379,000 -2.1% $389 / Sq Ft
07/07/2017 07/07/17 Price Changed $387,000 -3.2% $397 / Sq Ft
04/15/2017 04/15/17 For Sale $399,990 -- $410 / 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 $6,689 $482,088 -- --
2023 $6,689 $629,800 $0 $629,800
2022 $5,862 $525,000 $0 $525,000
2021 $4,780 $362,200 $0 $362,200
2020 $4,679 $347,200 $0 $347,200
2019 $5,076 $384,500 $0 $384,500
2018 $3,807 $281,800 $0 $281,800
2017 $3,630 $224,818 $0 $0
2016 $3,602 $293,300 $0 $293,300
2015 $2,767 $185,800 $0 $185,800
2014 $4,200 $255,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4469091

Stellar MLS

APN: 0106-03-3056