NOT LISTED FOR SALE

1255 E Peppertree Dr Unit 206 Sarasota, FL 34242

Estimated Value: $624,045 - $763,000

2 Beds
2 Baths
1,462 Sq Ft
96,790 Sq Ft Lot

Sale Details

Date Sold: March 8, 2013

Last sale price $353,000 $241 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $4,668 / mo

18 Days on Market

Highlights

  • Beach Access
  • Fitness Center
  • Heated Pool
  • Phillippi Shores Elementary School Rated A
  • Oak Trees
  • Full Bay or Harbor Views

About This Home

As of March 2013

Welcome to one of the most desirable condominium complexes on all of Siesta Key...Home of the #1 Beach in all of the US.....Peppertree Bay Condominiums. This active community offers its residents a fabulous Florida lifestyle as it is one of few to occupy both the Bayside and the Gulfside of the key. This unit has a partial view of the gorgeous Sarasota Bay and has been beautifully redone by its owner. With nearly 1500 square feet of living space, this spacious 2bed/2bath home lives most comfortably and offers such stylish surroundings to call home. The kitchen is truly the heart of the home with its lovely maple wood, European-style cabinetry that includes many extra features like 2 lazy susans, 2 spice racks, tray cabinets, numerous glass-doors for creating artistic displays and high-end granite. Enjoy wonderful hours of relaxation in the nearly 300 square foot sunroom with its expansive sliding glass windows. There is a large utility/laundry room in the condo as well that is home to the stackable washer and dryer, the instant hot water heater and a sophisticated air cleaning unit. The complex has great amenities including a fishing pier, 2 swimming pools, 2 newly-redone clubhouses, tennis courts, shuffleboard, a recently renovated fitness center, grill/picnic areas, and perhaps best of all, its own magical stretch of the famed Siesta Key Beach. This is the ideal situation. Location, convenience, updated, light and bright, immaculate and ready to go! Bring your things and move right in!

Last Agent to Sell the Property

Carol Clark

LIMBO COMPANY SARASOTA ASSOC Brokerage Phone: 941-364-4000 License #0669899 Listed on: 01/16/2013

Co-Listed By

Ziad Sleit

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #3072887

Last Buyer's Agent

Cheryl Santelli

PEPPERTREE BAY REALTY INC License #3092756

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,069

Year Built

  • Built in 1972

Lot Details

  • East Facing Home
  • Mature Landscaping
  • Irrigation
  • Oak Trees

HOA Fees

  • $495 Monthly HOA Fees

Parking

  • Guest Parking

Home Design

  • Custom Home
  • Entry on the 2nd floor
  • Slab Foundation
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 1,462 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Storage Room
  • Inside Utility
  • Full Bay or Harbor Views
  • Intercom

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Pool

  • Heated Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean To Bay
  • Access To Intracoastal Waterway
  • Fishing Pier
  • Deeded access to the beach
  • Seawall
  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Schools

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

Utilities

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

Additional Features

  • HVAC UV or Electric Filtration
  • Flood Zone Lot

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, maintenance, management, pest control, private road, recreational facilities, sewer, water
  • Peppertree Bay Realty, Inc. Association
  • Mid-Rise Community
  • Peppertree Bay Community
  • Peppertree Bay I Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to no truck, recreational vehicles, or motorcycle parking
  • 6-Story Property

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Shuffleboard Court
  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Additional Features

  • Fire and Smoke Detector
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,069

Year Built

Built in 1972

Lot Details

2.22 Acres

HOA Fees

$495 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance, Management, Pest Control, Private Road, Recreational Facilities, Sewer, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1462
  • New Construction: No
  • Year Built: 1972
  • Building Area Total: 1462
  • Status: Sold
  • Street Direction: E
  • Co List Office Mls Id: MFR281519790
  • Co List Office Phone: 941-364-4000
  • Ownership: Condominium,Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 135.82
  • Floor Number: 2
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 241.45
  • Total Acreage: Non-Applicable
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Property Description: Mid Rise
  • MFR_CommunityAssociationWaterFeatures: Fishing,Water Access
  • Attribution Contact: 941-364-4000
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Elevator, Intercom, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Microwave Hood, Oven, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Three Or More
  • Spa Yn: Yes
  • Stories: 6
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Florida Room,Inside Utility,Storage Rooms
  • Living Area Meters: 135.82

Exterior Features

  • Direction Faces: East
  • Other Structures: Outdoor Kitchen, Storage
  • Pool Features: Heated
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Storage
  • Roof: Built-Up
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: LITLE SARASOTA BAY
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Disclosures: Condominium Disclosure Available, Lead Paint
  • Water Access: Bay/Harbor,Beach,Beach - Access Deeded,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water Extras: Fishing Pier,Seawall - Concrete
  • Water View: Bay/Harbor - Partial
  • Water View YN: 1

Garage/Parking

  • Parking Features: Assigned, Covered, Guest, Underground

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Corridor Access, Inside
  • Sewer: Public Sewer
  • Water Source: Private, Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Fitness Center, No Truck/RV/Motorcycle Parking, Pool, Tennis Courts, Waterfront Complex
  • Association Amenities: Elevator(s), Fitness Center, Maintenance, Recreation Facilities, Shuffleboard Court, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association Name: Peppertree Bay Realty, Inc.
  • Association: No
  • Security: Smoke Detector(s)
  • Pet Restrictions: One indoor CAT only
  • Association Fee Requirement: None
  • Condo Fees: 495

Fee Information

  • Total Annual Fees: 5940.00
  • Total Monthly Fees: 495.00

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0106035011
  • Additional Parcels: No
  • Lot Features: FloodZone, In County, Paved, Private
  • Future Land Use: 0405

Green Features

  • Green Indoor Air Qlty: HVAC UV/Elec. Filtration

Rental Info

  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Expected Lease Date: 2013-03-08T00:00:00.000

Tax Info

  • Tax Annual Amount: 3069
  • Tax Block: A
  • Tax Book Number: 0005/0039
  • Tax Lot: 206

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2013
Closed on
Mar 4, 2013
Sold by
Schroeder Andrea
Bought by
Nicholson Frank E and Nicholson Kerstin S
Seller's Agent
Carol Clark
LIMBO COMPANY SARASOTA ASSOC
Buyer's Agent
Cheryl Santelli
PEPPERTREE BAY REALTY INC
List Price
$369,000
Sold Price
$353,000
Premium/Discount to List
-$16,000
-4.34%
Current Estimated Value
$718,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,710
Avg. Annual Appreciation
5.19%

Purchase Details

Closed on
Sep 16, 2010
Sold by
Schroder Andrea L and Schroder Stanley D
Bought by
Schroder Stanley D and Schroder Andrea L

Purchase Details

Closed on
Sep 17, 2001
Sold by
Troyan Janet E
Bought by
Troyan Janet E

Purchase Details

Closed on
Oct 27, 1993
Sold by
Chase Natalie M and Chase Gilbert E
Bought by
Lane Fred
Source: Public Records
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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
Nicholson Frank E $353,000 None Available
Schroder Stanley D -- None Available
Troyan Janet E -- --
Lane Fred $144,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2013 03/08/13 Sold $353,000 -4.3% $241 / Sq Ft
02/04/2013 02/04/13 Pending -- -- --
01/16/2013 01/16/13 For Sale $369,000 -- $252 / Sq Ft
Source: Stellar MLS

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
2025 $4,344 $381,269 -- --
2024 $4,239 $370,524 -- --
2023 $4,239 $359,732 $0 $0
2022 $4,121 $349,254 $0 $0
2021 $4,115 $339,082 $0 $0
2020 $4,128 $334,400 $0 $334,400
2019 $4,264 $348,900 $0 $348,900
2018 $4,219 $310,400 $0 $310,400
2017 $3,995 $287,400 $0 $287,400
2016 $4,038 $287,400 $0 $287,400
2015 $3,748 $255,200 $0 $255,200
2014 $4,297 $248,948 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3971753

Stellar MLS

APN: 0106-03-5011

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