NOT LISTED FOR SALE

1162 W Peppertree Dr Unit 111D Sarasota, FL 34242

Estimated Value: $535,461 - $658,000

2 Beds
1.5 Baths
975 Sq Ft
4.26 Acres

Last Sold May 06, 2021

Last sale price $430,000 $441 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,627/month

93 Days on Market

Highlights

  • Waterfront Community
  • Water Access
  • Heated In Ground Pool
  • Phillippi Shores Elementary School Rated A
  • Fitness Center
  • Fishing

About This Home

As of May 2021

Siesta Key condo! It is time for you to experience peace and relaxation while enjoying sunsets, long walks, beach and family time. This 2 bedroom 1 1/2 bath condo is a 1st floor unit in a beach to bay complex. New tile floors, shaker cabinets and granite in the kitchen and beautiful updated bathrooms. The AC unit is only 2 years old. The condo is located near the tennis courts for your convenience. Bring your bicycles, extra beach chairs and noodles for the pool and keep them in your own private storage room. Abundant amenities to meet all your needs: Private beach with beach chairs, fitness center to stay in shape, tennis courts, 2 heated pools, 2 clubhouses for all your entertaining needs, BBQ areas, and bring your fishing pole because there is a fishing dock or just sit out there and have drinks in the evening with your friends. There is on-site management and a rental office. Owners and renters love Peppertree and say that it has a feeling of community and they like the resort style property. You will be just a 1/2 mile from the Siesta Key public beach and about 1 mile for the Siesta Key village where you will enjoy shopping, dining, and entertainment.

Last Agent to Sell the Property

Cheryl Santelli

PEPPERTREE BAY REALTY INC License #3092756 Listed on: 12/03/2020

Last Buyer's Agent

Cheryl Santelli

PEPPERTREE BAY REALTY INC License #3092756 Listed on: 12/03/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,652

Year Built

  • Built in 1974

Lot Details

  • South Facing Home
  • Mature Landscaping
  • Street paved with bricks
  • Landscaped with Trees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 975 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Storage Room
  • Ceramic Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Water Access
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 111 / BE
  • Assessor Parcel Number 0106033077

Community Details

Overview

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

Recreation

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

Additional Features

  • Clubhouse
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,652

Year Built

Built in 1974

Lot Details

0

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Internet, Maintenance Exterior, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Description: Corner Unit
  • Water Extras: Fishing Pier
  • Construction Materials: Wood Frame
  • Living Area: 975.00
  • Lot Size Acres: 4.26
  • Year Built: 1974
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4485035?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4485035?w=Customer
  • Lot Size Sq Ft: 185704
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4485035?w=PubMLS
  • Directions to Property: From Stickney Point go west over the south bridge to Midnight Pass Road, turn right (North), go about 1 mile and turn left (west) on to Peppertree Road and then make an immediate right. The condo will be on the right. The front door faces south.
  • Escrow State: FL
  • List Office Head Office Key Nume: 172574225
  • Status: Sold
  • Street Direction: W
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 5
  • Living Area Units: Square Feet
  • Additional Rooms: Storage Rooms
  • Flooring: Ceramic Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Solid Surface Counters, Solid Wood Cabinets, Window Treatments
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Floor Number: 1
  • Levels: One
  • Stories: 1
  • Window Features: Window Treatments
  • Living Area Meters: 90.58
  • Street Number Modifier: 1162

Exterior Features

  • Direction Faces: South
  • Water Extras: Yes
  • Water Access: Beach - Access Deeded, Beach - Private, Intracoastal Waterway, Pond
  • Pool Features: Heated, In Ground
  • Exterior Features: Lighting, Sidewalk, Storage
  • Roof: Shingle
  • Flood Zone Code: AE
  • Water Access: Yes
  • Patio and Porch Features: Enclosed
  • Road Surface Type: Brick

Utilities

  • Utilities: Cable Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Peppertree Bay
  • Community Features: Buyer Approval Required, Deed Restrictions, Fishing, Fitness, No Truck/RV/Motorcycle Parking, Pool, Tennis Courts, Water Access, Waterfront, Wheelchair Access
  • Building Name Number: 1162
  • Condo Fees: 444
  • Condo Fees Term: Monthly
  • Monthly Condo Fee Amount: 444
  • Association Amenities: Clubhouse, Fitness Center, Maintenance, Pool, Recreation Facilities, Security, Vehicle Restrictions
  • Association Approval Required: Yes
  • Association Name: Peppertree Bay Association/Jim Freeman
  • Phone: 941-349-7777
  • Association Email: jfreeman@Peppertreebay.com

Fee Information

  • Total Annual Fees: 5328.00
  • Total Monthly Fees: 444.00

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0106033077
  • Lot Size Square Meters: 17252

Rental Info

  • Minimum Lease: 1 Month
  • Additional Lease Restrictions: One month minimum and No dogs
  • Lease Restrictions: Yes

Multi Family

  • Approval Process: Call the rental agent at Peppertree: 941-349-7777

Tax Info

  • Tax Annual Amount: 3652.08
  • Tax Block: BE
  • Tax Book Number: 8-18
  • Tax Lot: 111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2023
Sold by
Reichert Carrie
Bought by
Carrie A Reichert Trust
Current Estimated Value
$569,115

Purchase Details

Listed on
Dec 3, 2020
Closed on
May 6, 2021
Sold by
Shaw Joan M
Bought by
Reichert Carrie and Willard Michael A
Seller's Agent
Cheryl Santelli
PEPPERTREE BAY REALTY INC
Buyer's Agent
Cheryl Santelli
PEPPERTREE BAY REALTY INC
List Price
$454,000
Sold Price
$430,000
Premium/Discount to List
-$24,000
-5.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.75%
Original Mortgage
$344,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2010
Sold by
Burrows J William H
Bought by
Shaw Joan M

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
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2005
Sold by
Burrows Jane T and William H Burrows J
Bought by
Burrows Jane T and Jane T Burrows Trust

Purchase Details

Closed on
Sep 4, 1998
Sold by
Cardella Robert and Jazzar Sharon
Bought by
Burrows Jane T

Purchase Details

Closed on
Oct 11, 1993
Sold by
Savidge Roger D and Savidge Elizabeth M
Bought by
West James F and West Sharon K
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
Carrie A Reichert Trust $100 None Listed On Document
Reichert Carrie $430,000 Attorney
Shaw Joan M $250,000 Desjarlais Title Company
Burrows Jane T -- --
Burrows Jane T $153,000 --
West James F $108,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reichert Carrie $344,000
Previous Owner Shaw Joan M $200,000
Previous Owner Burrows J Williams H $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2021 05/06/21 Sold $430,000 -5.3% $441 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
12/03/2020 12/03/20 For Sale $454,000 -- $466 / 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 $6,314 $531,900 -- $531,900
2023 $6,314 $520,600 $0 $520,600
2022 $5,660 $449,000 $0 $449,000
2021 $4,046 $310,600 $0 $310,600
2020 $3,652 $264,700 $0 $264,700
2019 $3,745 $293,200 $0 $293,200
2018 $0 $257,600 $0 $257,600
2017 $3,370 $209,209 $0 $0
2016 $3,295 $271,300 $0 $271,300
2015 $2,530 $172,900 $0 $172,900
2014 $3,317 $201,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4485035

Stellar MLS

APN: 0106-03-3077