NOT LISTED FOR SALE

1140 W Peppertree Ln Unit 114 Sarasota, FL 34242

Estimated Value: $627,305 - $726,000

2 Beds
1.5 Baths
975 Sq Ft
$606/mo HOA Fee

Last Sold March 01, 2023

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

Est. 5% decrease in value since last sale

Current estimated payment $4,844/month

96 Days on Market

Highlights

  • Beach Access
  • Fitness Center
  • Fishing
  • Phillippi Shores Elementary School Rated A
  • Heated In Ground Pool
  • 4.26 Acre Lot

About This Home

As of March 2023

Just a short walk to the ultra fine powdery quartz sand of Siesta Key, Voted #1 Beach in the USA! Just waiting for your toes! Now is your opportunity to own a piece of paradise. A turn-key furnished first floor 2/1/1 condo with a private lanai to enjoy your morning coffee! This condo has all the comforts of home without the hassle, just pack a suitcase: The kitchen boasts gorgeous dovetailed custom cabinets, granite countertops, stainless appliances, recessed lighting, even a wine fridge! Tastefully updated with large tile throughout the main areas, and crown moulding in the living and kitchen areas. Condo also has a private storage room for bikes/chairs, etc. All residents have access to the many amenities of Peppertree Bay, it is a Beach to Bay community on 16 acres with abundant amenities including: deeded access to a private quartz sand beach (with chairs!), two heated pools and clubhouses, tennis / pickleball courts, fitness center, fishing pier and private grilling areas. Nightly and weekend security on the property and on-site management. A short Siesta Key trolly ride away from Siesta Key Village shopping, dining, and entertainment. Rentals already in place for Feb.-April 2023.

Last Agent to Sell the Property

Eliza Miller

PEPPERTREE BAY REALTY INC License #3336382 Listed on: 11/01/2022

Co-Listed By

Cheryl Santelli

PEPPERTREE BAY REALTY INC License #3092756

Last Buyer's Agent

Cheryl Santelli

PEPPERTREE BAY REALTY INC License #3092756

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,842

Year Built

  • Built in 1974

Lot Details

  • End Unit
  • North Facing Home

HOA Fees

  • $606 Monthly HOA Fees

Property Views

  • Garden
  • Tennis Court

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 975 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Porcelain Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Parking

  • Ground Level Parking
  • Assigned Parking

Outdoor Features

  • Heated In Ground Pool
  • Beach Access
  • Water Access
  • Open Dock
  • Balcony
  • Outdoor Storage

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, electricity, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, manager, pest control, pool maintenance, private road, sewer, trash, water
  • Jesse Carter Association, Phone Number (941) 349-7777
  • Visit Association Website
  • Peppertree Bay Community
  • Peppertree Bay Iii Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

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

Pet Policy

  • No Pets Allowed

Additional Features

  • Clubhouse
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,842

Year Built

Built in 1974

Lot Details

0

HOA Fees

$606 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Electricity, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Manager, Pest Control, Pool Maintenance, Private Road, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 975
  • Lot Size Acres: 4.26
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 1087
  • Lot Size Sq Ft: 185704
  • Directions to Property: from Stickney Point, north on midnight pass to Peppertree Bay Condo association on left. First condo on left, first floor.
  • Status: Sold
  • Street Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4551218?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4551218?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Corner Unit
  • Ratio: Close Price\List Price: 0.99451
  • Price per Sq Ft: 743.59
  • Close to Original List Price Ratio: 0.90738
  • Ratio: Current Price\Building Area Total: 666.97
  • View: Yes
  • Co List Office Mls Id: 281502150
  • Co List Office Phone: 941-349-7777
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Porcelain Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Crown Molding, Eating Space In Kitchen, Living Room/Dining Room Combo, Master Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Street Number Modifier: 1140
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Pool Features: Heated, In Ground
  • Exterior Features: Balcony, Sidewalk, Storage, Tennis Court(s)
  • Roof: Shingle
  • Pool Private: No
  • View: Garden, Tennis Court
  • Waterfront: No
  • Water Access: Beach
  • Water Extras: Dock - Open
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0143F
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Ground Level, Guest
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • 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, Clubhouse, Deed Restrictions, Fishing, Fitness, Pool, Sidewalk
  • Association Amenities: Clubhouse, Fitness Center, Maintenance, Pickleball Court(s), Pool, Security, Tennis Court(s)
  • Association Name: Jesse Carter
  • Phone: 941-349-7777
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 606
  • Management: Full Time
  • Condo Fees Term: Monthly
  • Association Website: www.peppertreebay.com
  • Association Email: jcarter@peppertreebay.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 606
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 7272
  • Total Monthly Fees: 606

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0106033052
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Num Timesper Year: 4
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: 1 month minimum 4 times a year.

Tax Info

  • Tax Annual Amount: 3842
  • Tax Book Number: 8-18
  • Tax Lot: 114

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2022
Closed on
Mar 1, 2023
Sold by
Carey Kurt S and Carey Suzanne M
Bought by
Rodriguez Joyce K
Seller's Agent
Eliza Miller
PEPPERTREE BAY REALTY INC
Buyer's Agent
Cheryl Santelli
PEPPERTREE BAY REALTY INC
List Price
$799,000
Sold Price
$725,000
Premium/Discount to List
-$74,000
-9.26%
Views
55
Current Estimated Value
$687,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,924
Avg. Annual Appreciation
-0.71%

Purchase Details

Closed on
Sep 10, 2003
Sold by
Bansen Reinhard and Bansen Edith
Bought by
Carey Kurt S and Carey Suzanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,200
Interest Rate
6.13%
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
Rodriguez Joyce K $725,000 --
Carey Kurt S $249,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carey Kurt S $199,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2023 03/01/23 Sold $725,000 -0.5% $744 / Sq Ft
02/06/2023 02/06/23 Pending -- -- --
02/02/2023 02/02/23 Off Market $729,000 -- --
01/22/2023 01/22/23 Price Changed $729,000 -2.7% $748 / Sq Ft
12/29/2022 12/29/22 Price Changed $749,000 -6.3% $768 / Sq Ft
11/01/2022 11/01/22 For Sale $799,000 -- $819 / 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 $5,936 $589,800 -- $589,800
2023 $5,936 $589,200 $0 $589,200
2022 $4,662 $406,900 $0 $406,900
2021 $3,842 $285,100 $0 $285,100
2020 $3,688 $267,600 $0 $267,600
2019 $3,783 $296,400 $0 $296,400
2018 $3,392 $260,500 $0 $260,500
2017 $3,403 $211,508 $0 $0
2016 $3,395 $274,300 $0 $274,300
2015 $2,621 $174,800 $0 $174,800
2014 $3,877 $234,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4551218

Stellar MLS

APN: 0106-03-3052