NOT LISTED FOR SALE

Peppertree Bay 1200 E Peppertree Ln Unit 601 Sarasota, FL 34242

Estimated Value: $674,000 - $897,000

2 Beds
2 Baths
1,200 Sq Ft
$503/mo HOA Fee

Last Sold November 15, 2013

Last sale price $499,000 $416 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,982/month

16 Days on Market

Highlights

  • White Water Ocean Views
  • Access To Intracoastal Waterway
  • Penthouse
  • Phillippi Shores Elementary School Rated A
  • Private Beach
  • 5 Acre Lot

About This Home

As of November 2013

LOCATION! LOCATION! VIEWS! Rarely available PENTHOUSE at the popular Peppertree Bay Community on Siesta Key. Enjoy the breathtaking panoramic Sarasota Bay views and the skyline of downtown Sarasota. This turn-key furnished 2 bedroom 2 bath condo has an open and spacious plan. Make this beautiful condo yours today. A Must See! This condo was built to spoil the owners and their guest and bring them to a state of relaxation and a sense of being in paradise. Perfect for entertaining. Peppertree Bay isa maintenance-free Gulf to Bay complex, so you will be enjoying the gulf side beach as well as all the other amazing amenities: 2 pools, 2 clubhouses, new fitness center, new tennis courts, BBQ area, and fishing pier. The property is well maintained, hasnight security, on-site management, and a rental program. Underground parking is available. Washer/ Dryer are in the condo. New high impact windows on the lanai. Just steps from the #1 beach in the USA and picturesque sunsets. Minutes to fine dining, shopping, great schools, entertainment, and the art community.

Last Agent to Sell the Property

Cheryl Santelli

PEPPERTREE BAY REALTY INC License #3092756 Listed on: 09/11/2013

Last Buyer's Agent

Cheryl Santelli

PEPPERTREE BAY REALTY INC License #3092756 Listed on: 09/11/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,236

Year Built

  • Built in 1973

Lot Details

  • Property fronts a private road
  • Private Beach
  • End Unit
  • Mature Landscaping
  • Zero Lot Line

HOA Fees

  • $503 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Intracoastal

Home Design

  • Penthouse
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,200 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Exterior Lighting

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 604 / A
  • Assessor Parcel Number 0106036031

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, private road, recreational facilities, security
  • Mid-Rise Condominium
  • Peppertree Bay Community
  • Peppertree Bay II Subdivision
  • 6-Story Property

Recreation

  • Tennis Courts

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,236

Year Built

Built in 1973

Lot Details

0

HOA Fees

$503 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Private Road, Recreational Facilities, Security
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1200
  • Lot Size Acres: 5
  • New Construction: No
  • Year Built: 1973
  • Building Area Total: 1460
  • Lot Size Sq Ft: 217800
  • Directions to Property: Drive west on Stickney Point Rd over the bridge to Siesta Key, turn right onto Midnight Pass Rd., drive about 1/2 mile to Peppertree Bay --turn east (right) on to E Peppertree Lane. The first midrise is the 1200 building.
  • Status: Sold
  • Street Direction: E
  • Floor Number: 6
  • Homestead Y N: No
  • Total Acreage: 5 to less than 10
  • Home Warranty Y N: No
  • Subdivision Num: 7219
  • Property Description: Corner Unit, End Unit, Mid Rise, Penthouse
  • Ratio: Close Price\List Price: 0.90893
  • Price per Sq Ft: 415.83
  • Close to Original List Price Ratio: 0.90893
  • Ratio: Current Price\Building Area Total: 341.78
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Solid Wood Cabinets
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 6
  • Window Features: Blinds
  • Street Number Modifier: 1200
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Tennis Court(s)
  • Exterior Features: Lighting, Tennis Court(s)
  • Roof: Membrane
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Water
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full, Intracoastal Waterway
  • Water Access: Bay/Harbor, Beach - Private, Intracoastal Waterway
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No

Garage/Parking

  • Parking Features: Assigned, Underground
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 503
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 6036
  • Total Monthly Fees: 503

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0106036031
  • Additional Parcels: No
  • Lot Features: In County, Near Public Transit, Zero Lot Line
  • Millage Rate: 13.43
  • Future Land Use: 0405
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Num Timesper Year: 4
  • Expected Lease Date: 2013-11-15T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 4236
  • Tax Block: A
  • Tax Book Number: 0006/0045
  • Tax Lot: 604

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2013
Closed on
Nov 15, 2013
Sold by
Ramble Holdings Limited
Bought by
Wertheimer Alan L and Wertheimer Judith E
Seller's Agent
Cheryl Santelli
PEPPERTREE BAY REALTY INC
Buyer's Agent
Cheryl Santelli
PEPPERTREE BAY REALTY INC
List Price
$549,000
Sold Price
$499,000
Premium/Discount to List
-$50,000
-9.11%
Current Estimated Value
$755,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,867
Avg. Annual Appreciation
3.55%
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
Wertheimer Alan L $499,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2013 11/15/13 Sold $499,000 -9.1% $416 / Sq Ft
09/27/2013 09/27/13 Pending -- -- --
09/10/2013 09/10/13 For Sale $549,000 -- $458 / 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 $5,796 $509,172 -- --
2023 $5,796 $494,342 $0 $0
2022 $5,645 $479,944 $0 $0
2021 $5,664 $465,965 $0 $0
2020 $5,690 $459,532 $0 $0
2019 $5,512 $449,200 $0 $449,200
2018 $5,493 $448,500 $0 $448,500
2017 $6,179 $459,400 $0 $459,400
2016 $6,168 $459,400 $0 $459,400
2015 $5,712 $408,100 $0 $408,100
2014 $5,132 $317,790 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3984241

Stellar MLS

APN: 0106-03-6031