NOT LISTED FOR SALE

Peppertree Bay 1200 E Peppertree Ln Unit 306 Sarasota, FL 34242

Estimated Value: $563,508 - $741,000

2 Beds
2 Baths
1,200 Sq Ft
$608/mo HOA Fee

Last Sold February 19, 2019

Last sale price $426,000 $355 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,568/month

19 Days on Market

Highlights

  • Waterfront Community
  • Boat Dock
  • Access To Intracoastal Waterway
  • Phillippi Shores Elementary School Rated A
  • Beach View
  • Private Beach

About This Home

As of February 2019

Stickney Point Road to Midnight Pass Rd, Right (North) approx 2 miles to Peppertree Lane. Right into property to 1st hi-Rise. Park in any Guest Parking space.2 Bed 2 Bath split plan, 3rd floor, center unit, at one of the highly desirable & rarely available Peppertree Bay on Siesta Key. This unit is totally empty & ready to rehab. Brand new Hurricane Glass on Lanai, directly overlooking Midnight Pass Rd with view of Gulf and amazing Sunsets!! Unit recently purchased by current owner to combine with adjacent unit, however plans fell through. Have concept plans & contractor in place for total makeover to make your dreamed about beach front condo a reality !!! First Hi-Rise on Bay Side, with private deeded access to beach and all the amenities Peppertree Bay offers. Protected, signalized cross walk steps away, allowing easy walk (through private property - 2 minutes) to the sugary sands of Siesta beach. 2 Clubhouses, fitness center, 2 pools ( 1 bayside, 1 Gulfside), tennis courts, fishing pier, gas grills, beach chairs, and reserved under building parking. HOA fees include everything except electric, in one of the most beautifully landscaped & maintained properties on the Key. Priced for quick sale....don't let this one get away!!!

Last Agent to Sell the Property

Chevy Mathews

LOKATION License #3346733 Listed on: 12/26/2018

LOKATION

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,987

Year Built

  • Built in 1973

Lot Details

  • Private Beach
  • Unincorporated Location
  • West Facing Home

HOA Fees

  • $608 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Beach
  • Partial Bay or Harbor

Home Design

  • Stem Wall Foundation
  • Membrane Roofing

Interior Spaces

  • 1,200 Sq Ft Home
  • Combination Dining and Living Room
  • Inside Utility
  • Closed Circuit Camera

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Access To Intracoastal Waterway
  • Deeded access to the beach
  • Exterior Lighting
  • Outdoor Grill

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Thermostat
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, community pool, escrow reserves fund, internet, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, private road, security, sewer, trash, water
  • Arvilla Britto Association, Phone Number (941) 202-3884
  • Peppertree Bay Community
  • Peppertree Bay Ii Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 6-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Elevator

Recreation

  • Boat Dock
  • Fishing

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,987

Year Built

Built in 1973

Lot Details

0

HOA Fees

$608 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Internet, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Other
  • Fireplace: No
  • Living Area: 1200
  • New Construction: No
  • Year Built: 1973
  • Building Area Total: 1410
  • Directions to Property: Stickney Point Road to Midnight Pass Rd, Right (North) approx 2 miles to Peppertree Lane. Right into property to 1st hi-Rise. Park in any Guest Parking space.
  • Status: Sold
  • Street Direction: E
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4422199&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4422199&cview=true&show_results=true&customer_portal=true
  • Floor Number: 3
  • Homestead Y N: No
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.94667
  • Price per Sq Ft: 355
  • Close to Original List Price Ratio: 0.94667
  • Ratio: Current Price\Building Area Total: 302.13
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Concrete, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Elevator, Living Room/Dining Room Combo, Other, Split Bedroom, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stem Wall
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 6
  • Street Number Modifier: 1200
  • Room Count: 4
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: West
  • Exterior Features: Lighting, Outdoor Grill, Tennis Court(s)
  • Roof: Membrane
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View: Beach, Gulf/Ocean - Partial
  • Water Access: Beach - Access Deeded, Beach - Private, Intracoastal Waterway
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0143F

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Under Building
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Sewer Available, Water Available
  • Cooling: Central Air
  • Heating: Central, Electric, Exhaust Fans
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fishing, Fitness, Pool, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Cable TV, Clubhouse, Boat Dock, Elevator(s), Fitness Center, Maintenance, Pool, Sauna, Security, Tennis Court(s)
  • Association Fee: 608
  • Association Fee Frequency: Monthly
  • Association Name: Arvilla Britto
  • Phone: 941-202-3884
  • Association: Yes
  • Security: Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Smoke Detector(s)
  • Senior Community: No
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 7296
  • Monthly HOA Fee: 608
  • Total Monthly Fees: 608

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0106036017
  • Additional Parcels: No
  • Lot Features: In County, Near Public Transit, Sidewalk, Unincorporated
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Approval Process: Contact office
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: 1 month minimum

Tax Info

  • Tax Annual Amount: 3987
  • Tax Block: A
  • Tax Book Number: 6-45
  • Tax Lot: 306

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2018
Closed on
Feb 19, 2019
Sold by
Mitchell Frank C and Frank C Mitchell Revocable Tru
Bought by
Cendrowski Dennis R and Cendrowski Carmelina A
Seller's Agent
Chevy Mathews
LOKATION
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$450,000
Sold Price
$426,000
Premium/Discount to List
-$24,000
-5.33%
Current Estimated Value
$653,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,877
Avg. Annual Appreciation
8.61%
Original Mortgage
$340,800
Outstanding Balance
$302,628
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$426,668

Purchase Details

Closed on
Jun 29, 2018
Sold by
Messina Jean and Messina Peter
Bought by
Mitchell Frank C and The Frank C Mitchell Revocable
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
Cendrowski Dennis R $426,000 Attorney
Mitchell Frank C $415,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cendrowski Dennis R $340,800
Previous Owner Messina Peter $210,000
Previous Owner Messina Peter $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2019 02/19/19 Sold $426,000 -5.3% $355 / Sq Ft
01/14/2019 01/14/19 Pending -- -- --
12/26/2018 12/26/18 For Sale $450,000 -- $375 / 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 $5,882 $449,213 -- --
2023 $5,882 $514,700 $0 $514,700
2022 $5,234 $440,400 $0 $440,400
2021 $4,539 $337,500 $0 $337,500
2020 $4,414 $321,200 $0 $321,200
2019 $4,538 $334,800 $0 $334,800
2018 $3,987 $291,700 $0 $291,700
2017 $4,051 $291,700 $0 $291,700
2016 $4,095 $291,700 $0 $291,700
2015 $3,800 $259,000 $0 $259,000
2014 $3,718 $137,488 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4422199

Stellar MLS

APN: 0106-03-6017