NOT LISTED FOR SALE

Peppertree Bay 1200 E Peppertree Ln Unit 402 Sarasota, FL 34242

Estimated Value: $605,585 - $744,000

2 Beds
2 Baths
1,163 Sq Ft
$629/mo HOA Fee

Last Sold February 28, 2022

Last sale price $650,000 $559 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,977/month

2 Days on Market

Highlights

  • 400 Feet of Waterfront
  • Water access To Gulf or Ocean To Bay
  • Sun or Florida Room
  • Phillippi Shores Elementary School Rated A
  • Private Beach
  • Elevator

About This Home

As of February 2022

Welcome to the desirable Peppertree Bay community located on Siesta Key—walking distance to the shops, dining, and beaches at Siesta Key Village! Residents will enjoy 24-hour security and daily access to an array of resort-style amenities: private beach with tiki huts, fishing pier, club houses, fitness center, sauna rooms, tennis courts, and swimming pools. This renovated condo rests on the fourth floor of the Bayside, which has a more quiet and peaceful atmosphere compared to other units in the community. Includes an open floor plan, cook's kitchen, Master bedroom, guest room, two full bathrooms, in-unit washer/dryer, and covered parking spot with storage space. A bonus Florida room sits towards the back of the condo, where new owners will be mesmerized with a treelined city view. The hurricane impact windows are a major perk. In addition to helping block outside noise, they're a huge cost and efficiency savings. Additional upgrades include tile flooring in the bedrooms, and custom cabinets in the pantry. Schedule your private showing today!

Last Agent to Sell the Property

Rachel Woodruff

HOUSE MATCH License #0694194 Listed on: 01/18/2022

Co-Listed By

Abigail Lange

HOUSE MATCH License #3420558

Last Buyer's Agent

Taylor Colter

BETTER HOMES AND GARDENS REAL ESTATE ATCHLEY PROPE License #3406946

BETTER HOMES AND GARDENS REAL ESTATE ATCHLEY PROPE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,171

Year Built

  • 1973

Lot Details

  • 400 Feet of Waterfront
  • Private Beach
  • Public Beach

HOA Fees

  • $629 Monthly HOA Fees

Parking

  • 1

Interior Spaces

  • Sun or Florida Room
  • Inside Utility

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Fishing Pier
  • Deeded access to the beach

Listing and Financial Details

Community Details

Overview

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,171

Year Built

1973

Lot Details

0

HOA Fees

$629 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Carport Y N: No
  • Co List Office Mls Id: 281506053
  • Co List Office Phone: 941-556-0500
  • Directions: From the south bridge turn right onto Peppertree Lane. First building to the right. Under-ground parking.
  • Garage Yn: Yes
  • New Construction: No
  • Ownership: Fee Simple
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: PEPPERTREE BAY II
  • Water Body Name: Sarasota Bay
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4522665?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4522665?w=Customer
  • Floor Number: 4
  • Homestead Y N: No
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 558.9
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 444.6
  • Special Features: None
  • Year Built: 1973

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Ceramic Tile
  • Interior Amenities: Built in Features, Ceiling Fans(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Private Spa: No
  • Stories: 6
  • Window Features: Blinds
  • Room Count: 6
  • Additional Rooms: Florida Room, Inside Utility

Exterior Features

  • Roof: Built-Up
  • Exterior Features: Lighting, Outdoor Grill, Sliding Doors, Tennis Court(s)
  • Foundation Details: Slab
  • Construction Type: Block
  • Direction Faces: Southeast
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure
  • Lot Features: In County, Near Public Transit
  • Pool Features: Auto Cleaner, Child Safety Fence, Deck, Heated, In Ground
  • Pool Private: No
  • Waterfront Features: Bay/Harbor, Gulf/Ocean to Bay
  • Waterfront: Yes
  • Water Access: Beach - Access Deeded, Beach - Private, Beach - Public, Gulf/Ocean to Bay
  • Water Extras: Fishing Pier
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 400
  • Water Frontage Feet Bay Harbor: 200
  • Water Frontage Feet Ocean 2 Bay: 200

Garage/Parking

  • Parking Features: Assigned, Covered, Guest, Reserved, Under Building
  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: No

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Clubhouse, Boat Dock, Fitness Center, Maintenance, Pool, Recreation Facilities, Sauna, Security, Tennis Court(s)
  • Association Name: Peppertree Bay Association
  • Phone: 941-349-7777
  • Association: No
  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fishing, Fitness, Pool, Tennis Courts, Water Access, Waterfront
  • Pets Allowed: No
  • Senior Community: No
  • Condo Fees: 629
  • Condo Fees Term: Monthly
  • Association Website: https://www.peppertreebay.com/
  • Association Email: kholihan@peppertreebay.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 629
  • Amenities Additional Fees: 2 heated pools, 1 along the Gulf and 1 on the Bay side. 2 saunas. Walkway and lovely pier. Tennis courts, a well-equipped fitness center (with restrooms, showers, and dry saunas), 2 clubhouses (each with fully equipped kitchens), and BBQ grills.
  • Association Approval Required YN: Yes

Fee Information

  • Association Fee Includes: 24-Hour Guard, Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Total Annual Fees: 7548
  • Total Monthly Fees: 629

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease Expiration Date: 2022-09-30
  • Zoning: RMF3
  • Flood Zone Code: AE

Rental Info

  • Minimum Lease: 1 Month
  • Approval Process: Verify with COA.
  • Num Timesper Year: 4
  • Lease Restrictions Y N: Yes
  • Currency Monthly Rent Amt: 2450
  • Month To Month Or Weekly Y N: No
  • Additional Lease Restrictions: Verify with COA.

Tax Info

  • Tax Annual Amount: 5157
  • Tax Book Number: 6-45
  • Tax Lot: 402
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2024
Sold by
French Derek and French Pearl
Bought by
French Living Trust and French
Current Estimated Value
$688,146

Purchase Details

Listed on
Jan 18, 2022
Closed on
Feb 25, 2022
Sold by
Savill Family Revocable Trust
Bought by
French Derek and French Pearl
Seller's Agent
Rachel Woodruff
HOUSE MATCH
Buyer's Agent
Taylor Colter
BETTER HOMES AND GARDENS REAL ESTATE ATCHLEY PROPE
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.66%

Purchase Details

Closed on
Oct 5, 2016
Sold by
Savill Gary E and Abraham Savill Carmen J
Bought by
Savill Gary E and Abraham Savill Carmen J

Purchase Details

Closed on
Oct 1, 2016
Bought by
Savill Family Revocable Trust

Purchase Details

Closed on
Sep 18, 2006
Sold by
Lenhart John A and Griffin Faith
Bought by
Savill Gary E and Abraham Savill Carmen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2004
Sold by
Magi Donato and Magi Carla
Bought by
Lenhart John A and Griffin Faith

Purchase Details

Closed on
Mar 26, 1997
Sold by
Mcknight Delos Dudley and Dudley Joseph
Bought by
Magi Donato and Magi Carla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,300
Interest Rate
7.69%
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
French Living Trust -- None Listed On Document
French Living Trust -- None Listed On Document
French Derek $650,000 Cmk Law
Savill Gary E -- None Available
Savill Family Revocable Trust $100 --
Savill Gary E $552,500 Sunbelt Title Agency
Lenhart John A $403,000 --
Magi Donato $69,500 --
Magi Donato $69,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abraham Savill Carmen J $210,000
Previous Owner Savill Gary E $370,000
Previous Owner Savill Gary E $415,000
Previous Owner Magi Donato $90,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $650,000 0.0% $559 / Sq Ft
01/20/2022 01/20/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $650,000 0.0% $559 / Sq Ft
11/12/2021 11/12/21 Rented $2,450 0.0% --
11/12/2021 11/12/21 Rented $2,450 0.0% --
09/03/2021 09/03/21 Under Contract -- -- --
09/03/2021 09/03/21 Under Contract -- -- --
08/12/2021 08/12/21 For Rent $2,450 -57.8% --
08/05/2021 08/05/21 For Rent $5,800 +136.7% --
06/15/2021 06/15/21 Off Market $2,450 -- --
05/20/2021 05/20/21 Price Changed $2,450 +22.5% $2 / Sq Ft
05/17/2021 05/17/21 For Rent $2,000 0.0% --
08/26/2020 08/26/20 Rented $2,000 0.0% --
06/29/2020 06/29/20 Price Changed $2,000 -4.8% $2 / Sq Ft
05/27/2020 05/27/20 Price Changed $2,100 -12.5% $2 / Sq Ft
02/14/2020 02/14/20 Price Changed $2,400 -42.9% $2 / Sq Ft
09/17/2019 09/17/19 For Rent $4,200 0.0% --
09/16/2019 09/16/19 Off Market $4,200 -- --
12/27/2017 12/27/17 Off Market $2,500 -- --
09/28/2017 09/28/17 Rented $2,500 0.0% --
09/25/2017 09/25/17 Under Contract -- -- --
08/11/2017 08/11/17 For Rent $2,500 -- --
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 $7,171 $544,000 -- $544,000
2023 $7,171 $576,100 $0 $576,100
2022 $5,905 $498,900 $0 $498,900
2021 $5,158 $388,200 $0 $388,200
2020 $4,756 $348,600 $0 $348,600
2019 $4,736 $350,700 $0 $350,700
2018 $4,477 $335,200 $0 $335,200
2017 $4,106 $296,000 $0 $296,000
2016 $4,150 $296,000 $0 $296,000
2015 $3,852 $262,900 $0 $262,900
2014 $4,225 $259,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4522665

Stellar MLS

APN: 0106-03-6020