NOT LISTED FOR SALE

1300 Cove II Place Unit 724 Sarasota, FL 34242

Estimated Value: $522,069 - $721,000

2 Beds
1.5 Baths
860 Sq Ft
$596/mo HOA Fee

Last Sold May 15, 2018

Last sale price $412,000 $479 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,417/month

26 Days on Market

Highlights

  • Marina View
  • Fishing Pier
  • Fishing
  • Phillippi Shores Elementary School Rated A
  • Gunite Pool
  • Furnished

About This Home

As of May 2018

Recently remodeled, this lovely condo is perfect for someone looking for a vacation home or an investor. Located in desirable Midnight Cove II and a very short walk to Crescent and Siesta Beaches, this fully furnished unit is complete with a washer and dryer. The balcony overlooks the marina and lagoon with views of manatees and other wildlife. Midnight Cove II is one of the most financially sound communities in the area, with most all items up to date and plenty of money in the reserve fund. The community includes a heated pool, fishing pier, tennis, basketball and pickle ball courts, a barbeque area and a fitness center. Quarterly maintenance fees include cable TV for 3 TV's and high speed internet service. The community offers a very successful voluntary rental program to assist owners with every aspect of their rentals. Don't miss out on this opportunity. Units sell fast here!

Last Agent to Sell the Property

Michelle Lentini

EXCEPTIONS REALTY License #3280022 Listed on: 03/14/2018

Co-Listed By

Peter Lev

EXCEPTIONS REALTY License #3299217

Last Buyer's Agent

Joe Cleary

RE/MAX ALLIANCE GROUP License #0664433

RE/MAX ALLIANCE GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,306

Year Built

  • Built in 1979

HOA Fees

  • $596 Monthly HOA Fees

Property Views

  • Marina
  • Canal

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 860 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Porcelain Tile

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Fishing Pier
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, ground maintenance, manager, pest control, recreational facilities, trash
  • Midnight Cove Ii Community
  • Midnight Cove Ii Subdivision
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Community Pool
  • Fishing

Pet Policy

  • Pets up to 65 lbs
  • 1 Pet Allowed

Additional Features

  • Laundry Facilities
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,306

Year Built

Built in 1979

Lot Details

0

HOA Fees

$596 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Recreational Facilities, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 860
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 1010
  • Directions to Property: US 41 to Stickney Point Road to Siesta Key. Turn right on Midnight Pass Road. 3rd Drive on the right into Midnight Cove II. Bear left at the entrance, it will be the second building on the right. Park in a non covered space.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4212435&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4212435&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.95836
  • Price per Sq Ft: 479.07
  • Close to Original List Price Ratio: 0.95836
  • Ratio: Current Price\Building Area Total: 407.92
  • View: Yes
  • Co List Office Mls Id: 281524587
  • Co List Office Phone: 941-315-2662
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Porcelain Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 3
  • Window Features: Blinds
  • Street Number Modifier: 1300
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Gunite, Heated
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Water View: Canal, Marina
  • Water Extras: Fishing Pier
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0143F

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Assigned, Covered
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fishing, No Truck/RV/Motorcycle Parking, Pool, Tennis Courts
  • Association Amenities: Laundry, Tennis Court(s)
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 1789
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 596
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 7156
  • Total Monthly Fees: 596.33

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0108016099
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Pet Size: Large (61-100 Lbs.)
  • Max Pet Weight: 65
  • Minimum Lease: 1 Week
  • Pet Restrictions: Only one pet allowed in the unit at a time. Renters are prohibited from bringing pets.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: One week minimum

Tax Info

  • Tax Annual Amount: 4306
  • Tax Block: 7
  • Tax Book Number: 13-30
  • Tax Lot: 724

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2020
Sold by
White Michael T and White Randa Lynn
Bought by
White Randa Lynn and The Randa L White 2019 Trust
Current Estimated Value
$615,017

Purchase Details

Listed on
Mar 14, 2018
Closed on
May 15, 2018
Sold by
Ernst Thomas W and Thomas W Ernst Revocable Trust
Bought by
White Michael T and White Randy Lynn
Seller's Agent
Michelle Lentini
EXCEPTIONS REALTY
Buyer's Agent
Joe Cleary
RE/MAX ALLIANCE GROUP
List Price
$429,900
Sold Price
$412,000
Premium/Discount to List
-$17,900
-4.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%

Purchase Details

Closed on
Jun 30, 2015
Sold by
Ernst Thomas W and Ernst Linda D
Bought by
Ernst Thomas W and Thomas W Ernst Revocable Trust

Purchase Details

Closed on
May 19, 2015
Sold by
Brace David J and Brace Jean E
Bought by
Ernst Thomas W and Ernst Linda D
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
White Randa Lynn -- Attorney
White Michael T -- Attorney
White Michael T $412,000 Alliance Group Title Llc
Ernst Thomas W -- Attorney
Ernst Thomas W $335,000 Stewart Title Company
Ernst Thomas W $335,000 Stewart Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2018 05/15/18 Sold $412,000 -4.2% $479 / Sq Ft
04/10/2018 04/10/18 Pending -- -- --
03/14/2018 03/14/18 For Sale $429,900 -- $500 / 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 $5,645 $459,769 -- --
2023 $5,645 $495,900 $0 $495,900
2022 $5,004 $420,500 $0 $420,500
2021 $4,369 $327,400 $0 $327,400
2020 $4,244 $311,300 $0 $311,300
2019 $4,298 $319,100 $0 $319,100
2018 $4,307 $320,900 $0 $320,900
2017 $4,306 $315,300 $0 $315,300
2016 $4,054 $288,900 $0 $288,900
2015 $3,173 $215,000 $0 $215,000
2014 $3,776 $231,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4212435

Stellar MLS

APN: 0108-01-6099