NOT LISTED FOR SALE

Estimated Value: $930,000 - $1,120,000

3 Beds
2 Baths
1,808 Sq Ft
2006 Built

Sale Details

Date Sold: October 15, 2021

Last sale price $950,000 $525 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,323 / mo

11 Days on Market

Highlights

  • Fitness Center
  • Intracoastal View
  • Open Floorplan
  • Southside Elementary School Rated A
  • Custom Home
  • 4-minute walk to Myakka State Park

About This Home

As of October 2021

What an opportunity to live in the heart of downtown Sarasota! Offered for the first time, Apartment 1101 is a rarely available coveted Northwest corner providing incredible vistas of Sarasota Bay and the twinkling lights of our city at night! Chic, Modern, spacious, light and bright best describes this 3 bedrooms (or 2 with den/office) with updated features include; Kahrs, an eco-friendly, sustainable, non-toxic white stained Oak hardwood flooring throughout major rooms, newly installed kitchen with Caesartone Calcutta with waterfall edge, Salt International cabinets in winter white, classic Carrera Marble flooring and counter tops in the master and guest bathrooms with newer cabinetry. Enjoy cooking in the oversized kitchen with Samsung Chef Collection of appliances while connected to the open floor plan. The master suite is pure luxury and takes in picturesque views of downtown with the contemporary architecture Rivo is known for. Split floor plan from your guests and an entry foyer complete with coat closet and a real laundry are among the additional features for this floorplan. The building has a water filtration system and amenities that include a concierge at the front desk, fitness center, heated pool & spa, catering kitchen and social room, kayak and bike storage, secure garage with two parking spaces and owners can have two pets up to 50lbs!

Last Agent to Sell the Property

Linda Driggs

MICHAEL SAUNDERS & COMPANY License #0604638 Listed on: 09/02/2021

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Sara Boudarga

HB REALTY GROUP INC. License #0669203

Last Buyer's Agent

Charlotte Clark

MEDWAY REALTY License #3328746

MEDWAY REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,131

Year Built

  • Built in 2006

Lot Details

  • End Unit
  • South Facing Home

HOA Fees

  • $941 Monthly HOA Fees

Parking

  • 2 Carport Spaces

Property Views

  • Intracoastal
  • Full Bay or Harbor

Home Design

  • Custom Home
  • Tile Roof
  • Block Exterior
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 1,808 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Shades
  • Combination Dining and Living Room
  • Den

Kitchen

  • Built-In Convection Oven
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Engineered Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Schools

  • Southside Elementary School
  • Booker Middle School
  • Sarasota High School

Utilities

  • Central Air
  • Heating Available
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Accessible Common Area
  • City Lot

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, insurance, maintenance structure, ground maintenance, manager, pest control, pool maintenance, recreational facilities, sewer, trash, water
  • Rivo At Ringling Community
  • Rivo At Ringling Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • Community features wheelchair access
  • 15-Story Property

Amenities

  • Elevator

Recreation

Pet Policy

  • Pets up to 50 lbs
  • 2 Pets Allowed

Security

  • Card or Code Access
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,131

Year Built

Built in 2006

Lot Details

0 Sq Ft Lot

HOA Fees

$941 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1808
  • New Construction: No
  • Year Built: 2006
  • Accessibility Features: Accessible Common Area
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4511187?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4511187?w=Customer
  • Floor Number: 11
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Property Description: Corner Unit
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.90476
  • Price per Sq Ft: 525.44
  • Close to Original List Price Ratio: 0.90476
  • View: Yes
  • Co List Office Mls Id: 281504998
  • Co List Office Phone: 941-951-6660
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Engineered Hardwood, Marble
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, High Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Window Treatments
  • Appliances Included: Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 15
  • Window Features: Shades, Window Treatments
  • Room Count: 6
  • Additional Rooms: Den/Library/Office

Exterior Features

  • Direction Faces: South
  • Exterior Features: Balcony
  • Roof: Tile
  • Pool Private: No
  • View: City, Water
  • Water Body Name: Sarasota Bay
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View: Bay/Harbor - Partial, Intracoastal Waterway
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Under Building
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Underground Utilities
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness, Pool, Wheelchair Access
  • Association Amenities: Elevator(s), Fitness Center, Lobby Key Required, Pool
  • Association: No
  • Security: Fire Sprinkler System
  • Senior Community: No
  • Condo Fees: 2822
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 941
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 11288
  • Total Monthly Fees: 940.67

Schools

  • Elementary School: Southside Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: DTC
  • Parcel Number: 2027071061
  • Additional Parcels: No
  • Lot Features: City Lot
  • Flood Zone Code: X
  • Zoning Compatible Y N: Yes

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Medium (36-60 Lbs.)
  • Max Pet Weight: 50
  • Minimum Lease: 3 Months
  • Approval Process: Approval required
  • Num Timesper Year: 3
  • Pet Restrictions: some breed restrictions
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Lease restrictions

Tax Info

  • Tax Annual Amount: 9131.43
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2021
Closed on
Oct 15, 2021
Sold by
Saroni Daniele and Lucic Mirjana
Bought by
Gotthainer Michael Lewis and Ibrahim Khaled Hassan
Seller's Agent
Linda Driggs
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Charlotte Clark
MEDWAY REALTY
List Price
$1,050,000
Sold Price
$950,000
Premium/Discount to List
-$100,000
-9.52%
Current Estimated Value
$998,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,637
Avg. Annual Appreciation
1.13%

Purchase Details

Closed on
Oct 15, 2015
Sold by
Baroni Daniele
Bought by
Florio Robert and Florio Jacqueline

Purchase Details

Closed on
Jan 15, 2015
Sold by
Baroni Daniele
Bought by
Browning James D and Browning Rhonda H

Purchase Details

Closed on
Dec 22, 2006
Sold by
The Rivo At Ringling Llc
Bought by
Baroni Daniele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gotthainer Michael Lewis $950,000 Attorney
Florio Robert $9,500 Attorney
Browning James D $11,000 Attorney
Baroni Daniele $551,200 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baroni Daniele $392,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2021 10/15/21 Sold $950,000 -9.5% $525 / Sq Ft
09/13/2021 09/13/21 Pending -- -- --
09/02/2021 09/02/21 For Sale $1,050,000 -- $581 / 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 $12,034 $824,000 -- $824,000
2024 $10,805 $782,320 -- --
2023 $10,805 $711,200 $0 $711,200
2022 $10,843 $710,500 $0 $710,500
2021 $7,858 $490,400 $0 $490,400
2020 $9,131 $557,700 $0 $557,700
2019 $10,190 $625,800 $0 $625,800
2018 $9,465 $578,500 $0 $578,500
2017 $9,187 $555,600 $0 $555,600
2016 $9,106 $555,600 $0 $555,600
2015 $8,629 $523,100 $0 $523,100
2014 $8,101 $395,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4511187

Stellar MLS

APN: 2027-07-1061

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