NOT LISTED FOR SALE

1166 W Peppertree Dr Unit 112 Sarasota, FL 34242

Estimated Value: $647,779 - $697,000

2 Beds
2 Baths
1,120 Sq Ft
$860/mo HOA Fee

Last Sold December 01, 2023

Last sale price $757,000 $676 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $5,068/month

17 Days on Market

Highlights

  • Beach Access
  • Fitness Center
  • Open Floorplan
  • Phillippi Shores Elementary School Rated A
  • Fishing
  • Stone Countertops

About This Home

As of December 2023

Incredible Siesta Key Condo! This is an exceptional opportunity for anyone seeking an upscale and well-furnished 2-bedroom, 2-bathroom condo. Situated on the 1st floor, this spacious condo offers ample room for entertaining family and guests. You'll love the lush tropical setting, and it's only a few steps away from the beach. The condo has been meticulously maintained, and the décor is simply stunning. The large kitchen features marble countertops, custom soft-close cabinets, and modern stainless-steel appliances. Every luxury feature you could desire is here. The open floor plan blends the living room, dining room, and lanai with wood shiplap walls. The expansive enclosed lanai provides additional seating and a sleeping space for extra guests. You will love the built-in Quartz desk and work space. 4 x 12 ft storage area on the lanai. Every detail in this condo is exquisite, including the granite countertops and walk-in showers in both large bathrooms. The condo also has its own washer and dryer. The primary bedroom can comfortably fit a king-sized bed and features an en-suite bathroom with a custom wooden closet system in the walk-in closet. The condo also features newer wood plank tile floors throughout, updated windows, a remodeled kitchen from 2016, and a 2018 roof and AC unit. Peppertree is a Beach to Bay community, featuring 16 acres of a beautiful beach, ponds, and tropical lush landscapes. The amenities include tennis/pickleball courts, fitness center, sauna, two heated pools, two clubhouses, a fishing pier, and BBQ areas. On-site management and a rental program are also available, along with nightly and weekend security. Peppertree is in close proximity to shopping, dining, entertainment, golfing, boating, and the arts and culture of Downtown Sarasota. This condo is available furnished and is perfect for either your own private getaway or seasonal income producer.

Last Agent to Sell the Property

Cheryl Santelli

PEPPERTREE BAY REALTY INC Brokerage Phone: 941-349-7777 License #3092756 Listed on: 10/04/2023

Co-Listed By

Eliza Miller

PEPPERTREE BAY REALTY INC Brokerage Phone: 941-349-7777 License #3336382

Last Buyer's Agent

Brandy Coffey

KELLER WILLIAMS ISLAND LIFE REAL ESTATE License #3340741

KELLER WILLIAMS ISLAND LIFE REAL ESTATE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,599

Year Built

  • Built in 1974

Lot Details

  • South Facing Home
  • Street paved with bricks

HOA Fees

  • $860 Monthly HOA Fees

Parking

  • 1 Parking Garage Space

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Access To Lagoon or Estuary
  • Fishing Pier
  • Deeded access to the beach
  • Exterior Lighting

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, internet, maintenance structure, ground maintenance, maintenance, management, pest control, private road, recreational facilities, security, sewer, trash, water
  • Peppertree Bay/Jesse Carter 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

Recreation

  • Tennis Courts
  • Fitness Center
  • Fishing

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,599

Year Built

Built in 1974

Lot Details

0

HOA Fees

$860 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Internet, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 1120
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 1120
  • Directions to Property: From Stickney Point Road turn right on to Midnight Pass Road, go 3/4 mile and turn left on to Peppertree Drive, then make an immediate right. The condo will be on the right side of the street behind the tennis courts.
  • Status: Sold
  • Street Direction: W
  • Co List Office Mls Id: MFR281502150
  • Co List Office Phone: 941-349-7777
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 1046883
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 675.89
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_NumAssignedParkingSpaces: 1
  • Attribution Contact: 941-349-7777
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, 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
  • Street Number Modifier: 1166
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 104.05
  • Room Count: 5

Exterior Features

  • Direction Faces: South
  • Exterior Features: Lighting, Tennis Court(s)
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Brick
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure
  • Water Access: Beach,Beach - Access Deeded,Gulf/Ocean,Lagoon
  • Water Extras: Fishing Pier
  • Water Extras YN: 1
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fishing, Fitness Center, No Truck/RV/Motorcycle Parking, Tennis Courts, Water Access, Waterfront
  • Association Fee: 860
  • Association Fee Frequency: Monthly
  • Association Name: Peppertree Bay/Jesse Carter
  • Phone: 941-349-7777
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Building Name Number: 1166
  • Condo Fees: 0
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: jcarter@peppertreebay.com

Fee Information

  • Total Annual Fees: 10320.00
  • Total Monthly Fees: 860.00
  • Monthly HOA Amount: 860.00

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0106033078
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 0

Rental Info

  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: No dogs. If interested in leasing, contact Jessica the rental agent at 941-349-7777.

Tax Info

  • Tax Annual Amount: 5599.17
  • Tax Book Number: 8-18
  • Tax Lot: 1166

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2024
Sold by
Pine Andrew S
Bought by
Pine Revocable Trust and Pine
Current Estimated Value
$668,945

Purchase Details

Listed on
Oct 4, 2023
Closed on
Dec 1, 2023
Sold by
Lester Melanie S
Bought by
Pine Andrew S
Seller's Agent
Cheryl Santelli
PEPPERTREE BAY REALTY INC
Buyer's Agent
Brandy Coffey
KELLER WILLIAMS ISLAND LIFE REAL ESTATE
List Price
$769,000
Sold Price
$757,000
Premium/Discount to List
-$12,000
-1.56%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.28%
Original Mortgage
$567,750
Interest Rate
2%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Sep 6, 2013
Closed on
Mar 17, 2014
Sold by
Sunshine Leasing Inc
Bought by
Lester David L and Lester Melanie S
Seller's Agent
Chris Price
HOMESMART
Buyer's Agent
Pat Ditton
RE/MAX ALLIANCE GROUP
List Price
$349,000
Sold Price
$296,500
Premium/Discount to List
-$52,500
-15.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.17%
Original Mortgage
$237,200
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2011
Sold by
Phillips Gregory M and Leber Ilona
Bought by
Sunshine Leasing Inc

Purchase Details

Closed on
Mar 3, 2005
Sold by
Knutson Lynn C
Bought by
Phillips Gregory M and Leber Ilona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage
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
Pine Revocable Trust $100 None Listed On Document
Pine Andrew S $757,000 Hometown Title & Closing Servi
Lester David L $296,500 Alliance Group Title Llc
Sunshine Leasing Inc $252,000 Attorney
Phillips Gregory M $455,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pine Andrew S $567,750
Previous Owner Lester David Lyndsey $239,000
Previous Owner Lester David L $237,200
Previous Owner Phillips Gregory M $364,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Sold $757,000 -1.6% $676 / Sq Ft
10/22/2023 10/22/23 Pending -- -- --
10/04/2023 10/04/23 For Sale $769,000 +159.4% $687 / Sq Ft
03/31/2014 03/31/14 Sold $296,500 -4.4% $304 / Sq Ft
01/30/2014 01/30/14 Pending -- -- --
01/27/2014 01/27/14 Price Changed $310,000 -4.6% $318 / Sq Ft
01/18/2014 01/18/14 Price Changed $325,000 -3.0% $333 / Sq Ft
01/02/2014 01/02/14 Price Changed $335,000 -4.0% $344 / Sq Ft
09/06/2013 09/06/13 For Sale $349,000 -- $358 / 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 $6,837 $596,100 -- $596,100
2023 $6,837 $594,500 $0 $594,500
2022 $5,599 $495,400 $0 $495,400
2021 $4,618 $348,500 $0 $348,500
2020 $4,284 $315,100 $0 $315,100
2019 $4,629 $349,900 $0 $349,900
2018 $4,175 $311,000 $0 $311,000
2017 $4,269 $305,041 $0 $0
2016 $4,449 $361,400 $0 $361,400
2015 $3,587 $252,100 $0 $252,100
2014 $3,328 $202,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4584598

Stellar MLS

APN: 0106-03-3078