NOT LISTED FOR SALE

1505 Pelican Point Dr Unit 176 Sarasota, FL 34231

Vamo Neighborhood

Estimated Value: $414,000 - $634,000

2 Beds
2 Baths
1,368 Sq Ft
$550/mo HOA Fee

Last Sold October 20, 2014

Last sale price $345,000 $252 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,617/month

47 Days on Market

Highlights

  • Boat Dock
  • Property fronts an intracoastal waterway
  • Boat Slip Deeded
  • Riverview High School Rated A
  • Water Access
  • Fitness Center

About This Home

As of October 2014

Fabulous light and bright unit features 2 bedrooms, 2 baths, 1368 sq. ft. perfect for your vacation getaway or spacious enough for year round living. Enjoy the beautiful water views from the open deck or dine on the enclosed lanai rain or shine. Pelican Cove offers 75 acres of resort style living including 6 pools, tennis courts,a private harbor with 87 boat slips, walking trails, numerous clubs and community events and so much more. Pelican Cove is nestled among mature trees and lush landscaping yet is just minutes from Siesta Key, downtown and area shops and restaurants.

Last Agent to Sell the Property

Beth Dilley

ASCENDIA REAL ESTATE License #3140802 Listed on: 05/30/2014

Last Buyer's Agent

Judy Limekiller

COLDWELL BANKER SARASOTA CENT. License #3131877

COLDWELL BANKER SARASOTA CENT.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,382

Year Built

  • Built in 1978

Lot Details

  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • Landscaped with Trees
  • Zero Lot Line

HOA Fees

  • $550 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,368 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Ceramic Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Secured Garage or Parking
  • Guest Parking
  • Assigned Parking

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • Water Access
  • Fishing Pier
  • Boat Slip Deeded
  • Balcony
  • Deck
  • Patio
  • Porch

Schools

  • Gulf Gate Elementary School
  • Sarasota Middle School
  • Riverview High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, maintenance, management, private road, recreational facilities, security
  • Pelican Cove Community
  • Pelican Cove VII Subdivision
  • On-Site Maintenance
  • The community has rules related to building or community restrictions, deed restrictions, no truck, recreational vehicles, or motorcycle parking

Amenities

  • Community Storage Space

Recreation

  • Boat Dock
  • Community Boat Slip
  • Tennis Courts
  • Recreation Facilities
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Fishing

Pet Policy

  • Pets up to 70 lbs
  • 2 Pets Allowed

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,382

Year Built

Built in 1978

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Private Road, Recreational Facilities, Security
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Construction Materials: Block, Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 1368
  • New Construction: No
  • Year Built: 1978
  • Building Area Total: 1734
  • Directions to Property: 41 to west on Vamo to first right into Pelican Cove
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 1
  • List Office Head Office Key Nume: 1047705
  • Minimum Lease: 2 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 252.19
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Water Access YN: 0
  • Condo Fees Term: Monthly
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Window Features: Blinds
  • Street Number Modifier: 1505
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Florida Room
  • Room Count: 6

Exterior Features

  • Exterior Features: Sliding Doors, Balcony
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch
  • Disclosures: Lead Paint
  • Water Extras: Dock - Slip Deeded On-Site,Fishing Pier
  • Water Extras YN: 1
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Assigned, Guest, Secured

Utilities

  • Utilities: Cable Connected, Public, Sprinkler Recycled, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fishing, Fitness Center, Gated, No Truck/RV/Motorcycle Parking, Pool, Special Community Restrictions, Tennis Courts, Water Access, Waterfront Complex
  • Association Amenities: Boat Slip, Dock, Fitness Center, Gated, Maintenance, Recreation Facilities, Security, Shuffleboard Court, Storage, Tennis Court(s)
  • Association Fee: 550
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Gated Community, Secured Garage / Parking
  • Senior Community: No
  • Pet Restrictions: tenants no pets
  • Association Fee Requirement: Required
  • Building Name Number: 176
  • Condo Fees: 0
  • Max Pet Weight: 70
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 0
  • Pet Size: Large (61-100 Lbs.)

Fee Information

  • Monthly HOA Amount: 550.00

Schools

  • Elementary School: Gulf Gate Elementary
  • High School: Riverview High
  • Middle Or Junior School: Sarasota Middle

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0126112006
  • Additional Parcels: No
  • Lot Features: In County, Paved, Zero Lot Line
  • Homestead YN: 0
  • Future Land Use: 0403

Rental Info

  • Pets Allowed: No, Yes

Tax Info

  • Tax Annual Amount: 3382
  • Tax Book Number: 10/07

Multi Family

  • Waterfront Features: Bay/Harbor, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2014
Closed on
Oct 16, 2014
Sold by
Four Bees By The Sea Lp
Bought by
Tcherevkoff Michel and Tcherevkoff Veronica
Seller's Agent
Beth Dilley
ASCENDIA REAL ESTATE
Buyer's Agent
Judy Limekiller
COLDWELL BANKER SARASOTA CENT.
List Price
$359,000
Sold Price
$345,000
Premium/Discount to List
-$14,000
-3.9%
Current Estimated Value
$511,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,180
Avg. Annual Appreciation
3.62%

Purchase Details

Closed on
May 24, 2013
Sold by
Mcelwain Brothers Lp
Bought by
Four Bees By The Sea Lp

Purchase Details

Closed on
Dec 22, 2009
Sold by
Clurman Frances
Bought by
Mcelwain Brothers Lp

Purchase Details

Closed on
May 10, 1999
Sold by
Miller Seymour M and Miller Jean B
Bought by
Clurman Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,600
Interest Rate
7%

Purchase Details

Closed on
Dec 8, 1998
Sold by
Kelly Rosemary
Bought by
Miller Seymour M and Miller Jean B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.84%
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
Tcherevkoff Michel $345,000 Attorney
Four Bees By The Sea Lp $463,500 None Available
Mcelwain Brothers Lp $282,500 Attorney
Clurman Frances $202,000 --
Miller Seymour M $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tcherevkoff Veronica $434,000
Previous Owner Mcelwain Brothers Lp $375,000
Previous Owner Clurman Frances $161,600
Previous Owner Miller Seymour M $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Off Market $345,000 -- --
10/20/2014 10/20/14 Sold $345,000 -3.9% $252 / Sq Ft
07/17/2014 07/17/14 Pending -- -- --
05/30/2014 05/30/14 For Sale $359,000 -- $262 / 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 $4,112 $356,376 -- --
2023 $4,112 $345,996 $0 $0
2022 $3,996 $335,918 $0 $0
2021 $3,986 $326,134 $0 $0
2020 $3,997 $321,631 $0 $0
2019 $3,863 $314,400 $0 $314,400
2018 $3,956 $323,051 $0 $0
2017 $3,785 $304,396 $0 $0
2016 $3,794 $306,300 $0 $306,300
2015 $3,443 $264,600 $0 $264,600
2014 $3,742 $220,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3999014

Stellar MLS

APN: 0126-11-2006