NOT LISTED FOR SALE

1181 Lake House Cir Unit 225 Sarasota, FL 34242

Estimated Value: $661,000 - $744,000

2 Beds
2 Baths
1,352 Sq Ft
$475/mo HOA Fee

Last Sold March 03, 2014

Last sale price $425,500 $315 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,684/month

19 Days on Market

Highlights

  • Access To Lake
  • Public Beach
  • Lake View
  • Phillippi Shores Elementary School Rated A
  • Heated Pool
  • Furnished

About This Home

As of March 2014

Not your cookie cutter layout, the condo has dimension and interest. One of the best locations on Siesta that not only has easy beach access, but is also a good rental. Completely updated & turnkey furnished. Neutral. yet rich, color palette with a coastal craftsman decor. Balconies off the kitchen, living room and both bedrooms. The updates include new stainless steel appliances, granite baths, seamless shower doors, crown moldings. Master bedroom not only has over-sized closets, but also a dressing area. The dining room is raised from the living room to create interest and a home-like feeling. Replaced sliders, new A/C, H2O heater, shut off valve in garage. Rentals are 2 weeks in season and weekly other times. Small pet welcomed. The complexis well maintained and financially healthy. Newly re-surfaced tennis courts in U.S. Open Colors and heated pool.

Last Buyer's Agent

Bill Garrison

RE/MAX PALM License #0691993

RE/MAX PALM

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,052

Year Built

  • Built in 1981

Lot Details

  • Public Beach
  • East Facing Home

HOA Fees

  • $475 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,352 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Sliding Doors
  • Inside Utility
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Quarry Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Heated Pool
  • Spa

Outdoor Features

  • Access To Lake
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, insurance, maintenance structure, ground maintenance, pest control, recreational facilities, sewer, trash, water
  • Argus Management Association
  • Our House At The Bch Community
  • Our House At Beach Ph II Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets up to 8 lbs
  • 1 Pet Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,052

Year Built

Built in 1981

Lot Details

0

HOA Fees

$475 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1352
  • New Construction: No
  • Year Built: 1981
  • Building Area Total: 1773
  • Directions to Property: Beach Rd to complex, enter right on left
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3991214&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3991214&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 1
  • Total Acreage: Non-Applicable
  • Home Warranty Y N: No
  • Subdivision Num: 7644
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.94766
  • Price per Sq Ft: 314.72
  • Close to Original List Price Ratio: 0.94766
  • Ratio: Current Price\Building Area Total: 239.99
  • View: Yes
  • Co List Office Mls Id: 281502395
  • Co List Office Phone: 941-349-3444
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Quarry Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Solid Surface Counters
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One, Two
  • Spa Yn: Yes
  • Stories: 2
  • Street Number Modifier: 1181
  • Room Count: 7
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View: Lake
  • Water Access: Beach - Public, Lake
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool, Tennis Courts
  • Association Amenities: Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association Name: Argus Management
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 1425
  • Condo Fees Term: Quarterly
  • Monthly Condo Fee Amount: 475
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 5700
  • Total Monthly Fees: 475

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0107012048
  • Additional Parcels: No
  • Lot Features: In County
  • Future Land Use: 0403
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Pet Size: Very Small (Under 15 Lbs.)
  • Max Pet Weight: 8
  • Minimum Lease: 1 Week
  • Pet Restrictions: 8 lbs for owners only.
  • Expected Lease Date: 2014-03-03T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 4052
  • Tax Book Number: 0014/0015
  • Tax Lot: C-225

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2020
Sold by
Boxter Properties Llc
Bought by
Cole Randall S and Racik Donna Marie
Current Estimated Value
$689,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Outstanding Balance
$261,908
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$427,899

Purchase Details

Closed on
Nov 27, 2014
Sold by
Budzik Gary and Budzik Michelle
Bought by
Boxter Properties Llc

Purchase Details

Listed on
Jan 21, 2014
Closed on
Mar 3, 2014
Sold by
Curtin Pamela A and Curtin Daniel J
Bought by
Budzik Gary and Budzik Michelle
Buyer's Agent
Bill Garrison
RE/MAX PALM
List Price
$449,000
Sold Price
$425,500
Premium/Discount to List
-$23,500
-5.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.23%

Purchase Details

Closed on
Sep 20, 2004
Sold by
Lavigne Margaret A
Bought by
Curtin Pamela A and Curtin Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 1999
Sold by
Laux Richard Alan
Bought by
Lavigne Margaret A
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
Cole Randall S $495,000 New Title Company Name
Boxter Properties Llc -- Attorney
Budzik Gary $425,500 Flagship Title Of Tampa Llp
Curtin Pamela A $450,000 Sunbelt Title Agency
Lavigne Margaret A $229,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cole Randall S $295,000
Previous Owner Curtin Pamela A $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2014 03/03/14 Sold $425,500 -5.2% $315 / Sq Ft
02/10/2014 02/10/14 Pending -- -- --
01/21/2014 01/21/14 For Sale $449,000 -- $332 / 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 $7,189 $526,011 -- --
2023 $7,189 $657,400 $0 $657,400
2022 $6,414 $567,000 $0 $567,000
2021 $5,282 $395,200 $0 $395,200
2020 $4,615 $334,100 $0 $334,100
2019 $5,349 $397,000 $0 $397,000
2018 $5,265 $391,200 $0 $391,200
2017 $5,562 $407,800 $0 $407,800
2016 $5,536 $407,700 $0 $407,700
2015 $5,017 $347,000 $0 $347,000
2014 $4,431 $270,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3991214

Stellar MLS

APN: 0107-01-2048