NOT LISTED FOR SALE

1164 W Peppertree Dr Unit 114D Sarasota, FL 34242

Estimated Value: $583,466 - $673,000

2 Beds
2 Baths
975 Sq Ft
$444/mo HOA Fee

Last Sold February 26, 2021

Last sale price $425,000 $436 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,511/month

111 Days on Market

Highlights

  • Private Beach
  • Water Access
  • 4.26 Acre Lot
  • Phillippi Shores Elementary School Rated A
  • Fitness Center
  • Open Floorplan

About This Home

As of February 2021

A chance to live in Paradise! Bask in the Florida sunshine, relax in the sparkling, clear blue waters of Siesta Key Beach, ranked the #1 beach in the United States. Own this furnished, turnkey condo located in the coveted Peppertree Bay complexes. This exceptional second story unit features tile flooring throughout the combo living/dining areas. Incorporating the previously screened porch into the living area seamlessly, the new reading/game nook is a wonderful addition. The kitchen is open to the great room and offers a large peninsula for casual dining. The master bedroom has an en suite bathroom and a good sized walk-in-closet. The unit includes a full-sized washer and dryer (for those beach towels) and a large storage area. Amenities include a private beach, 2 heated pools, 2 clubhouses, tennis courts, fitness room, BBQ area, fishing pier. Peppertree Bay’s central location on Siesta Key provides easy access to restaurants, shopping, music, and a multitude of fun activities. Nearby attractions include Siesta Key Village, Longboat Key, Marie Selby Botanical Gardens, St Armand’s Circle, and Longboat Key. This condo can be an income-producing rental, or your own private getaway. Come take a look! You will not be disappointed!

Last Agent to Sell the Property

Laurie Ann Meriwether Collins

SANDPEAK REALTY License #3426477 Listed on: 09/10/2020

SANDPEAK REALTY

Last Buyer's Agent

Veronika Bajtala

WILLIAM RAVEIS REAL ESTATE License #3253165

WILLIAM RAVEIS REAL ESTATE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,615

Year Built

  • Built in 1974

Lot Details

  • Private Beach
  • East Facing Home
  • Mature Landscaping

HOA Fees

  • $444 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Turnkey
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 975 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Inside Utility
  • Garden Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Carpet
  • Porcelain Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Fishing Pier
  • Outdoor Storage

Location

  • Flood Insurance May Be Required

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, fidelity bond, internet, maintenance structure, ground maintenance, manager, pest control, pool maintenance, recreational facilities, security, sewer, water
  • Peppertree Bay Association, Inc. Association
  • Peppertree Bay Community
  • Peppertree Bay Iii Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

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

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,615

Year Built

Built in 1974

Lot Details

0

HOA Fees

$444 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, 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
  • Building Area Total: 1083
  • Lot Size Sq Ft: 185704
  • 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, second unit, second story.
  • Status: Sold
  • Street Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/W7826513?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/W7826513?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.96613
  • Price per Sq Ft: 435.9
  • Close to Original List Price Ratio: 0.90522
  • Ratio: Current Price\Building Area Total: 392.43
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Porcelain Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 1164
  • Room Count: 7
  • Additional Rooms: Inside Utility

Exterior Features

  • Direction Faces: East
  • Other Structures: Storage
  • Exterior Features: Storage
  • Roof: Shingle
  • Pool Private: No
  • View: Garden
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Access: Beach - Private
  • Water Extras: Fishing Pier
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: 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
  • Association Amenities: Clubhouse, Fitness Center, Pool, Recreation Facilities, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association Name: Peppertree Bay Association, Inc.
  • Phone: Mark Schuller, P
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 444
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 444
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 5328
  • Total Monthly Fees: 444

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0106033080
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, Sidewalk
  • Flood Zone Code: AE

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Approval Process: One month minimum 4 times a year, Application from the office. www.peppertreebay.com/rules-regulations/
  • Num Timesper Year: 4
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Verify with Condo Association

Tax Info

  • Tax Annual Amount: 3615.45
  • Tax Block: BE
  • Tax Book Number: 8-18
  • Tax Lot: 114

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Feb 26, 2021
Sold by
Gonzalez Alejandro F and Gonzalez Vilma
Bought by
Baumel Jennifer
Seller's Agent
Laurie Ann Meriwether Collins
SANDPEAK REALTY
Buyer's Agent
Veronika Bajtala
WILLIAM RAVEIS REAL ESTATE
List Price
$469,500
Sold Price
$425,000
Premium/Discount to List
-$44,500
-9.48%
Current Estimated Value
$643,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,867
Avg. Annual Appreciation
10.66%
Original Mortgage
$340,000
Outstanding Balance
$308,229
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$361,614

Purchase Details

Closed on
Jul 18, 2008
Sold by
James Richard H
Bought by
Gonzalez Alejandro F and Gonzalez Vilma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,800
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Baumel Jennifer $425,000 Attorney
Gonzalez Alejandro F $328,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baumel Jennifer $340,000
Previous Owner Gonzalez Alejandro F $246,000
Previous Owner Gonzalez Alejandro F $262,800
Previous Owner James Barbara Ann $350,000
Previous Owner James Barbara Ann $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $425,000 -3.4% $436 / Sq Ft
12/29/2020 12/29/20 Pending -- -- --
12/07/2020 12/07/20 Price Changed $439,900 -6.3% $451 / Sq Ft
09/09/2020 09/09/20 For Sale $469,500 -- $482 / 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 $6,709 $558,700 -- $558,700
2023 $6,709 $557,900 $0 $557,900
2022 $5,984 $476,800 $0 $476,800
2021 $4,160 $330,300 $0 $330,300
2020 $3,615 $261,800 $0 $261,800
2019 $3,902 $290,000 $0 $290,000
2018 $3,536 $260,000 $0 $260,000
2017 $3,625 $252,890 $0 $0
2016 $3,744 $302,400 $0 $302,400
2015 $3,009 $209,000 $0 $209,000
2014 $3,394 $206,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: W7826513

Stellar MLS

APN: 0106-03-3080