NOT LISTED FOR SALE

1400 Midnight Cove II Place Unit 632 Sarasota, FL 34242

Siesta Key Neighborhood

Estimated Value: $500,775 - $679,000

2 Beds
1.5 Baths
860 Sq Ft
$460/mo HOA Fee

Last Sold April 06, 2012

Last sale price $250,000 $291 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $4,242/month

16 Days on Market

Highlights

  • Marina View
  • Access To Intracoastal Waterway
  • 11.56 Acre Lot
  • Phillippi Shores Elementary School Rated A
  • Waterfront
  • Open Floorplan

About This Home

As of April 2012

Short Sale Active with contract..Located on Siesta Key, this totally remodeled and tastefull turnkey furnished top floor unit overlooks the boat basin & pool. Exellent rental history with one week rentals allowed and on site rental/mgmt office. Boat slips and beach access.Sale price may be insufficient to pay the total of all liens and costs of sale and the owner(s) of record may not be able to bring sufficient liquid assets to the closing to cure all deficiencies.Seller can provide rental history. This was the FirethornModel. Also includes Tennis Courts and Clubhouse.

Last Listed By

Michael Hertel

SUN REALTY License #3248965 Listed on: 01/11/2012

SUN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,345

Year Built

  • Built in 1979

Lot Details

  • Waterfront
  • Zero Lot Line

HOA Fees

  • $460 Monthly HOA Fees

Property Views

  • Marina
  • Pool

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 860 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Furnished
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Balcony

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, insurance, maintenance structure, ground maintenance, manager, private road, recreational facilities, security, trash
  • Midnight Cove Bayside Community
  • Midnight Cove Ii Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,345

Year Built

Built in 1979

Lot Details

0

HOA Fees

$460 per month

Listing Details

  • HOA Fee Includes: Cable TV, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Private Road, Recreational Facilities, Security, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 860
  • Lot Size Acres: 11.56
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 1010
  • Lot Size Sq Ft: 503349
  • Directions to Property: Stickney Point Rd. to north on Midnight Pass, east into Midnight Cove II. Veer left & go to building 6.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3954116&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3954116&cview=true&show_results=true&customer_portal=true
  • Floor Number: 3
  • Homestead Y N: No
  • Total Acreage: 10 to less than 20
  • Home Warranty Y N: No
  • Subdivision Num: 7479
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 290.7
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 247.52
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: 4108

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 3
  • Street Number Modifier: 1400
  • Room Count: 4
  • Additional Rooms: Great Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Balcony
  • Roof: Shingle
  • Pool Private: No
  • View: Pool, Water
  • Water Body Name: Sarasota Bay
  • Waterfront: Yes
  • Water View: Marina
  • Water Access: Bay/Harbor, Intracoastal Waterway
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 460
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Condo Fees: 460
  • Condo Fees Term: Monthly
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 11040
  • Total Monthly Fees: 920

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0108016087
  • Additional Parcels: No
  • Lot Features: Near Public Transit, Zero Lot Line
  • Millage Rate: 13.19
  • Future Land Use: 0404
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 1 Week
  • Expected Lease Date: 2012-04-06T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 3345
  • Tax Block: 6
  • Tax Book Number: 0013/0030
  • Tax Lot: 632

Multi Family

  • Waterfront Features: Marina

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2021
Sold by
Surf Side Concepts Inc
Bought by
Stillson Stephen J and Stillson Constance J
Total Days on Market
16
Current Estimated Value
$597,194

Purchase Details

Closed on
Jul 16, 2012
Sold by
Stillson Stephen J and Stillson Constance J
Bought by
Surf Side Concepts Inc

Purchase Details

Listed on
Jan 11, 2012
Closed on
Apr 6, 2012
Sold by
Ayoub Paul G and Ayoub Elizabeth M
Bought by
Stillson Stephen and Stillson Constance
Seller's Agent
Michael Hertel
SUN REALTY
Buyer's Agent
Sandra LaFlamme
EXP REALTY LLC
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%

Purchase Details

Closed on
Mar 28, 2001
Sold by
Lybrand Karen S
Bought by
Eugenio Antonio E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.02%

Purchase Details

Closed on
Nov 8, 2000
Sold by
Duerr Christiane
Bought by
Lybrand Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,500
Interest Rate
7.93%

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
Stillson Stephen J -- None Available
Surf Side Concepts Inc -- Attorney
Stillson Stephen $250,000 Advanced Title & Escrow Serv
Eugenio Antonio E $285,000 --
Lybrand Karen S $239,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ayoub Paul G $100,000
Previous Owner Lybrand Karen S $59,000
Previous Owner Eugenio Antonio E $135,000
Previous Owner Lybrand Karen S $179,250
Previous Owner Lybrand Karen S $119,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2012 04/06/12 Sold $250,000 0.0% $291 / Sq Ft
01/27/2012 01/27/12 Pending -- -- --
01/10/2012 01/10/12 For Sale $250,000 -- $291 / 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 $5,647 $419,300 -- $419,300
2023 $5,647 $468,500 $0 $468,500
2022 $5,008 $392,900 $0 $392,900
2021 $4,053 $301,600 $0 $301,600
2020 $3,932 $286,400 $0 $286,400
2019 $3,973 $293,100 $0 $293,100
2018 $4,019 $299,200 $0 $299,200
2017 $3,907 $269,346 $0 $0
2016 $3,715 $276,000 $0 $276,000
2015 $3,274 $222,600 $0 $222,600
2014 $3,801 $233,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3954116

Stellar MLS

APN: 0108-01-6087