NOT LISTED FOR SALE

1156 W Peppertree Dr Unit 114C Sarasota, FL 34242

Estimated Value: $516,863 - $624,000

2 Beds
2 Baths
975 Sq Ft
$443/mo HOA Fee

Last Sold December 15, 2020

Last sale price $382,500 $392 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,011/month

91 Days on Market

Highlights

  • Water access To Gulf or Ocean To Bay
  • Private Beach
  • Heated In Ground Pool
  • Phillippi Shores Elementary School Rated A
  • Fitness Center
  • Fishing

About This Home

As of December 2020

PADISE ON SIESTA KEY! Here is your best-priced opportunity to own a great vacation condo on Siesta Beach! You will love this relaxed, furnished, turnkey, 2 bedroom, 2 bath condo located in one of the most desirable gulf-to-bay complexes on Siesta Key. The interior features split bedrooms & a roomy living and dining area. Enjoy the gulf breezes and beautiful Florida sunsets on the inviting, enclosed lanai. The 16 acres of lush, tropical landscape will wow you! Amenities include a private beach, 2 heated pools, 2 clubhouses, tennis courts, fitness room, BBQ area, fishing pier...and of course the famous sugary-white sands of Siesta Key Beach has been voted the #1 beach! Peppertree Bay’s central location on Siesta Key provides easy access to restaurants, shopping, music, golf, and a multitude of fun activities. Nearby attractions include Siesta Key Village, Point of Rocks Beach, Longboat Key, Mote Marine Laboratory, Marie Selby Botanical Gardens, St Armand’s Circle, Longboat Key, and always popular Downtown Sarasota. This condo can be an income-producing rental, or your own private, tropical getaway. This is the lifestyle you have been waiting for at a great price! If you are looking to craft your own beach retreat, this is the starting point to create your dream vacation home. On the other hand, if you just want a great beach vacation place for you and family, this is a relatively inexpensive way for access to everything Siesta Key has to offer. UNIT HAS A BRAND NEW CARRIER AIR CONDITIONING SYSTEM INSTALLED.

Last Agent to Sell the Property

Ron Beahm

ALLIANCE GROUP LIMITED License #3211467 Listed on: 07/22/2020

ALLIANCE GROUP LIMITED

Last Buyer's Agent

Marcy Davis

MICHAEL SAUNDERS & CO. - BOCA License #3319480

MICHAEL SAUNDERS & CO. - BOCA

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,582

Year Built

  • Built in 1974

Lot Details

  • Private Beach
  • End Unit
  • North Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $443 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Florida Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 975 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Blinds
  • Great Room
  • Storage Room
  • Inside Utility
  • Attic

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Access To Intracoastal Waterway
  • Fishing Pier
  • Balcony
  • Covered Patio or Porch
  • Rain Gutters

Location

  • Property is near public transit

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, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, ground maintenance, pest control, private road, recreational facilities, sewer, trash, water
  • Avilla Brito Association, Phone Number (941) 349-7777
  • Peppertree Bay Community
  • Peppertree Bay Iii Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Fishing

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,582

Year Built

Built in 1974

Lot Details

0

HOA Fees

$443 per month

Listing Details

  • HOA Fee Includes: Cable TV, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Pest Control, Private Road, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Florida
  • Construction Materials: Brick, Wood Frame
  • Fireplace: No
  • Living Area: 975
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 1116
  • Directions to Property: From US 41 take Stickney Point Rd West to Right Turn (North) on Beach Road. Proceed to Peppertree Drive, turn right (West). Take first parking area to the right, unit will be upstairs toward the East
  • Status: Sold
  • Street Direction: W
  • Street Post Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4473052?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4473052?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: End Unit
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.9686
  • Price per Sq Ft: 392.31
  • Close to Original List Price Ratio: 9.56489
  • Ratio: Current Price\Building Area Total: 342.74
  • View: No
  • Ownership: Condominium
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Open Floorplan
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 1156
  • Room Count: 5
  • Additional Rooms: Attic, Great Room, Inside Utility, Storage Rooms

Exterior Features

  • Direction Faces: North
  • Other Structures: Tennis Court(s)
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Balcony, Rain Gutters, Tennis Court(s)
  • Roof: Shingle
  • Pool Private: No
  • Water Body Name: Gulf Of Mexico, Icw
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio, Porch, Rear Porch, Screened
  • Water Access: Bay/Harbor, Beach - Private, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: Fishing Pier
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 1251440143E

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fishing, Fitness, No Truck/RV/Motorcycle Parking, Pool, Tennis Courts, Water Access
  • Association Amenities: Fitness Center, Maintenance, Recreation Facilities, Security, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association Name: Avilla Brito
  • Phone: 941-349-7777
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 443
  • Condo Fees Term: Monthly
  • Association Email: abrito@peppertreebay.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 443
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 5316
  • Total Monthly Fees: 443

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0106033076
  • Additional Parcels: No
  • Lot Features: Near Public Transit
  • Flood Zone Code: AE
  • Flood Zone Date: 1992-09-03
  • Zoning Compatible Y N: Yes

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Approval Process: Background check
  • Num Timesper Year: 4
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: One month minimum, four times per year.

Tax Info

  • Tax Annual Amount: 3582
  • Tax Book Number: 8-18
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2020
Closed on
Dec 15, 2020
Sold by
Mori Shahram
Bought by
Derado Jennifer and Derado Matthew J
Seller's Agent
Ron Beahm
ALLIANCE GROUP LIMITED
Buyer's Agent
Marcy Davis
MICHAEL SAUNDERS & CO. - BOCA
List Price
$394,900
Sold Price
$382,500
Premium/Discount to List
-$12,400
-3.14%
Current Estimated Value
$574,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,466
Avg. Annual Appreciation
10.77%
Original Mortgage
$344,250
Outstanding Balance
$309,995
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$308,619

Purchase Details

Closed on
Oct 31, 2016
Sold by
Hope Jay and Sharpe Hope Heather
Bought by
Mori Shabram

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 6, 2014
Closed on
Apr 28, 2014
Sold by
Fegley Kendall R
Bought by
Hope Jay and Sharpe Hope Heather
Seller's Agent
Kristina Waskom
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Ron Beahm
ALLIANCE GROUP LIMITED
List Price
$310,000
Sold Price
$285,000
Premium/Discount to List
-$25,000
-8.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%

Purchase Details

Closed on
Oct 21, 2005
Sold by
Fegley Kendall R
Bought by
Fegley Kendall R and Kendall R Fegley Revocable Trust

Purchase Details

Closed on
Jan 27, 1995
Sold by
Fegley Kirk V and Fegley Kendall R
Bought by
Fegley Kendall R
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
Derado Jennifer $382,500 Alliance Group Title Llc
Mori Shabram $380,000 Alliance Group Title Llc
Hope Jay $285,000 Alliance Group Title Llc
Fegley Kendall R -- --
Fegley Kendall R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derado Jennifer $344,250
Previous Owner Mori Shabram $342,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2020 12/15/20 Sold $382,500 -3.1% $392 / Sq Ft
10/21/2020 10/21/20 Price Changed $394,900 0.0% $405 / Sq Ft
10/21/2020 10/21/20 For Sale $394,900 0.0% $405 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
10/05/2020 10/05/20 Price Changed $394,900 -1.3% $405 / Sq Ft
09/02/2020 09/02/20 For Sale $399,900 +4.5% $410 / Sq Ft
08/25/2020 08/25/20 Off Market $382,500 -- --
07/22/2020 07/22/20 Price Changed $399,900 +900.0% $410 / Sq Ft
07/21/2020 07/21/20 For Sale $39,990 -86.0% $41 / Sq Ft
04/28/2014 04/28/14 Sold $285,000 -8.1% $292 / Sq Ft
04/11/2014 04/11/14 Pending -- -- --
03/06/2014 03/06/14 For Sale $310,000 -- $318 / 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 $5,225 $378,977 -- --
2023 $5,225 $477,300 $0 $477,300
2022 $4,644 $406,900 $0 $406,900
2021 $3,802 $281,500 $0 $281,500
2020 $3,650 $264,200 $0 $264,200
2019 $3,945 $292,700 $0 $292,700
2018 $3,582 $263,400 $0 $263,400
2017 $3,766 $273,300 $0 $273,300
2016 $3,426 $274,700 $0 $274,700
2015 $2,754 $189,300 $0 $189,300
2014 $3,386 $206,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4473052

Stellar MLS

APN: 0106-03-3076