NOT LISTED FOR SALE

1255 E Peppertree Dr Unit 501 Sarasota, FL 34242

Estimated Value: $649,000 - $710,319

2 Beds
2 Baths
1,200 Sq Ft
2.22 Acre Lot

Sale Details

Date Sold: November 17, 2020

Last sale price $457,000 $381 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,874 / mo

264 Days on Market

Highlights

  • 900 Feet of Waterfront
  • Water access To Gulf or Ocean To Bay
  • Fitness Center
  • Phillippi Shores Elementary School Rated A
  • Private Beach
  • Partial Gulf or Ocean Views

About This Home

As of November 2020

Bayside Highrise with Western Exposure, Gulf Horizon Views, Bright and Light Unit. Elevator Access with Underground Parking for one car. Full Size Washer and Dryer in the unit. Two Full baths, with spacious living areas. Enclosed lanai. Eat In kitchen. Bayside and Gulfside Community, Private Beach, Two heated pools, tennis courts, fitness rooms, club houses, fishing pier and onsite management with rental program. A great beginning for a Life in Paradise. Its the place where memories are born. Unit is vacant and can be viewed easily.

Last Agent to Sell the Property

Lisa Beach

WATERSIDE REALTY LLC License #0550134 Listed on: 01/09/2020

Last Buyer's Agent

Nicki Conway, LLC

FINE PROPERTIES License #3056963

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,259

Year Built

  • Built in 1972

Lot Details

  • 900 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Private Beach
  • West Facing Home
  • Condo Land Included

HOA Fees

  • $642 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Stem Wall Foundation
  • Membrane Roofing
  • Concrete Siding
  • Block Exterior
  • Pile Dwellings

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Combination Dining and Living Room
  • Partial Bay or Harbor Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Recycled or Composite Flooring
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Property fronts gulf or ocean with access to the bay
  • Access To Intracoastal Waterway
  • Fishing Pier
  • Deeded access to the beach

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, fidelity bond, insurance, internet, ground maintenance, manager, pest control, pool maintenance, private road, recreational facilities, security, sewer, water
  • Peppertree Bay Jim Freeman Association, Phone Number (941) 349-7777
  • Peppertree Bay Community
  • Peppertree Bay I Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Elevator

Recreation

  • Fitness Center
  • Tennis Courts

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,259

Year Built

Built in 1972

Lot Details

2.22 Acres

HOA Fees

$642 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 1200
  • New Construction: No
  • Year Built: 1972
  • Status: Sold
  • Street Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4455086?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4455086?w=Customer
  • Floor Number: 5
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.95407
  • Price per Sq Ft: 380.83
  • Close to Original List Price Ratio: 0.89608
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Recycled/Composite Flooring, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Washer
  • Foundation Details: Stem Wall, Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Window Treatments
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Tennis Court(s)
  • Roof: Membrane
  • Pool Private: No
  • Waterfront: Yes
  • Water View: Gulf/Ocean - Partial
  • Water Access: Beach - Access Deeded, Beach - Private, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: Fishing Pier
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 900
  • Water Frontage Feet I C W: 300
  • Water Frontage Feet Beach Prvt: 300
  • Water Frontage Feet Ocean 2 Bay: 300
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Public, Sewer Connected, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • 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, Fitness
  • Association Fee Frequency: Monthly
  • Association Name: Peppertree Bay - Jim Freeman
  • Phone: 941-349-7777
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 642
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 642
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 7704
  • Total Monthly Fees: 642

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0106035025
  • Additional Parcels: No
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Approval Process: application and fee must be submitted prior to closing.
  • Num Timesper Year: 4
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: lease application/lease must be delivered prior to tenant moving in.

Tax Info

  • Tax Annual Amount: 5259.1
  • Tax Book Number: 5-39
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Beach - Private, Gulf/Ocean to Bay, Intracoastal Waterway

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2020
Closed on
Nov 16, 2020
Sold by
Bought by
Seller's Agent
Lisa Beach
WATERSIDE REALTY LLC
Buyer's Agent
Nicki Conway, LLC
FINE PROPERTIES
List Price
$510,000
Sold Price
$457,000
Premium/Discount to List
-$53,000
-10.39%
Current Estimated Value
$685,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,580
Avg. Annual Appreciation
7.46%
Original Mortgage
$365,600
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 29, 2012
Sold by
Bought by

Purchase Details

Closed on
Nov 3, 1994
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$457,000 New Title Company Name
-- Attorney
-- Attorney
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $365,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/17/2020 11/17/20 Sold $457,000 -4.6% $381 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
07/27/2020 07/27/20 Price Changed $479,000 -6.1% $399 / Sq Ft
02/29/2020 02/29/20 Price Changed $510,000 0.0% $425 / Sq Ft
02/29/2020 02/29/20 For Sale $510,000 0.0% $425 / Sq Ft
01/08/2020 01/08/20 For Sale $510,000 -- $425 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,612 $564,900 -- $564,900
2024 $6,435 $558,900 -- $558,900
2023 $6,435 $566,900 $0 $566,900
2022 $5,718 $483,400 $0 $483,400
2021 $4,960 $372,100 $0 $372,100
2020 $5,392 $399,700 $0 $399,700
2019 $5,259 $407,700 $0 $407,700
2018 $4,933 $389,200 $0 $389,200
2017 $4,273 $309,300 $0 $309,300
2016 $4,319 $309,300 $0 $309,300
2015 $4,008 $274,700 $0 $274,700
2014 $4,505 $280,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4455086

Stellar MLS

APN: 0106-03-5025

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