NOT LISTED FOR SALE

1202 Siesta Bayside Dr Unit 1202C Sarasota, FL 34242

Estimated Value: $661,000 - $749,000

2 Beds
2 Baths
1,280 Sq Ft
$686/mo HOA Fee

Last Sold January 28, 2020

Last sale price $460,000 $359 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,890/month

97 Days on Market

Highlights

  • Waterfront Community
  • Access To Intracoastal Waterway
  • Fitness Center
  • Phillippi Shores Elementary School Rated A
  • Private Beach
  • Heated In Ground Pool

About This Home

As of January 2020

This is your opportunity to own in sought-after Gulf & Bay Club Bayside, a charming community with DEEDED beach access. Located in the heart of the island, Gulf & Bay Bayside is just a short distance to shops, restaurants and the sugary white sand beaches of Siesta Key, famous for its laid back Old Florida feel. Unique in architecture, the Cape Cod style condo is just steps away for the community's 2 tennis courts and 2 heated pool. Enjoy a quiet stroll on the walking path, play a round of pickleball with friends, or have a fun filled day on the water from the fishing dock that allows for the boat loading and unloading. The clubhouse has a great gym, sauna and the social room can be reserved for private parties. The condo itself has a well designed layout and features 2 bedrooms and 2 bathrooms. The screened lanai, in unit washer and dryer and I car attached garage are just a few of the many convenient details. With an onsite rental office and 7 day rental minimum, this is also a fabulous investment opportunity! Don't miss your chance to own this amazing piece of paradise!

Last Agent to Sell the Property

Nicole Mei

MICHAEL SAUNDERS & COMPANY License #3268662 Listed on: 09/20/2019

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Denise Mei

MICHAEL SAUNDERS & COMPANY License #3253049

Last Buyer's Agent

Brian Kochik

SIGNATURE REALTY ASSOCIATES License #3158254

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,708

Year Built

  • Built in 1988

Lot Details

  • Property fronts a private road
  • Private Beach
  • Public Beach
  • North Facing Home

HOA Fees

  • $686 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway
  • Guest Parking

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,280 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outside Bathroom Access
  • Pool Lighting

Outdoor Features

  • Access To Intracoastal Waterway
  • Fishing Pier
  • Deeded access to the beach
  • Screened Patio
  • Outdoor Storage

Location

  • Flood Insurance May Be Required
  • Property is near public transit

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, recreational facilities, sewer, trash, water
  • Argus Management Association, Phone Number (941) 927-6464
  • Gulf & Bay Club Bayside Community
  • Gulf & Bay Club Bayside Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking
  • Rental Restrictions

Recreation

  • Waterfront Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Fishing

Pet Policy

  • Pets up to 30 lbs
  • Pet Size Limit
  • 1 Pet Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,708

Year Built

Built in 1988

Lot Details

0

HOA Fees

$686 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Cape Cod
  • Construction Materials: Wood Frame, Wood Siding
  • Fireplace: No
  • Living Area: 1280
  • New Construction: No
  • Year Built: 1988
  • Building Area Total: 1660
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4446593?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4446593?w=Customer
  • Floor Number: 2
  • Homestead Y N: Yes
  • Number Of Pets: 1
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.92184
  • Price per Sq Ft: 359.38
  • Close to Original List Price Ratio: 0.86809
  • Ratio: Current Price\Building Area Total: 277.11
  • View: No
  • Co List Office Mls Id: 281502395
  • Co List Office Phone: 941-349-3444
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 2
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Pool Features: Gunite, Heated, In Ground, Lighting, Outside Bath Access
  • Exterior Features: Sidewalk, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Metal
  • Pool Private: No
  • Road Frontage Type: Private Road
  • Water Body Name: Intracoastal Water Way
  • Waterfront: No
  • Patio and Porch Features: Screened
  • Road Surface Type: Paved
  • Water Access: Beach - Access Deeded, Beach - Private, Beach - Public, Intracoastal Waterway
  • Water Extras: Fishing Pier
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0143F
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway, Guest
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fishing, Fitness, Gated Community, No Truck/RV/Motorcycle Parking, Pool, Tennis Courts, Water Access, Waterfront
  • Association Name: Argus Management
  • Phone: 941-927-6464
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 2057
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 686
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 8228
  • Total Monthly Fees: 685.67

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0105049003
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, Near Public Transit, Sidewalk
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Size Limit, Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 30
  • Minimum Lease: 1 Week
  • Approval Process: Application and fee to Argus Management 941-346-3499
  • Num Timesper Year: 52
  • Pet Restrictions: Indoor cats only for Owners only. Tenants no dogs.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See additional docs

Tax Info

  • Tax Annual Amount: 2708
  • Tax Book Number: 2054-2538
  • Tax Lot: 1202C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2019
Closed on
Jan 29, 2020
Sold by
Rafter Nancy E
Bought by
Raphael Joseph Daniel and Raphael Lisa Nichole
Seller's Agent
Nicole Mei
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Brian Kochik
SIGNATURE REALTY ASSOCIATES
List Price
$529,900
Sold Price
$460,000
Premium/Discount to List
-$69,900
-13.19%
Current Estimated Value
$701,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,229
Avg. Annual Appreciation
7.61%
Original Mortgage
$368,000
Outstanding Balance
$326,701
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$374,528

Purchase Details

Closed on
Feb 12, 1996
Sold by
Rafter James B and Rafter Nancy E
Bought by
Rafter James B and Rafter Nancy E

Purchase Details

Closed on
Nov 16, 1995
Sold by
Roberts Christopher J and Roberts Penelope J
Bought by
Rafter James B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
7.48%
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
Raphael Joseph Daniel $460,000 Msc Title Inc
Rafter James B -- --
Rafter James B $199,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raphael Joseph Daniel $368,000
Previous Owner Rafter James B $149,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2020 01/28/20 Sold $460,000 -7.8% $359 / Sq Ft
12/26/2019 12/26/19 Pending -- -- --
11/06/2019 11/06/19 Price Changed $499,000 -2.2% $390 / Sq Ft
10/18/2019 10/18/19 Price Changed $510,000 -3.8% $398 / Sq Ft
09/20/2019 09/20/19 For Sale $529,900 -- $414 / 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 $6,319 $524,680 -- --
2023 $6,319 $515,500 $0 $515,500
2022 $5,869 $480,000 $0 $480,000
2021 $5,262 $394,200 $0 $394,200
2020 $4,717 $343,600 $0 $343,600
2019 $2,779 $226,981 $0 $0
2018 $2,708 $222,749 $0 $0
2017 $2,693 $218,167 $0 $0
2016 $2,693 $306,700 $0 $306,700
2015 $2,739 $299,300 $0 $299,300
2014 $2,727 $207,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4446593

Stellar MLS

APN: 0105-04-9003