NOT LISTED FOR SALE

225 Hourglass Way Unit 106 Sarasota, FL 34242

Estimated Value: $566,599 - $744,000

2 Beds
2 Baths
1,557 Sq Ft
$819/mo HOA Fee

Last Sold May 20, 2020

Last sale price $433,000 $278 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,898/month

38 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Home fronts a lagoon or estuary
  • Lagoon View
  • Private Beach
  • Senior Community
  • Clubhouse

About This Home

As of May 2020

Priced to Sell. Easy to show. Beautifully Renovated 2BD/2BA condo at Whispering Sands on the world famous Siesta Key. This private first floor residence is steps away from the private beach, community pool and all the entertainment that Siesta Village has to offer. NEW HVAC installed in October 2019 with a transferrable warranty. Porcelain tile throughout the unit. The kitchen is complete with granite countertops, tile backsplash, breakfast bar and reverse osmosis water filtering system. Great amount of storage in the unit and a storage unite outside the unit. Living room and bedrooms open to a spacious 36' finished sunroom with NEW HURRICANE IMPACT GLASS WINDOWS which offers peaceful views over the lovely lagoon with lush greenery as a backdrop. 800ft of private beach with tiki hut, clubhouse with exercise rooms, shuffleboard, activities, and 2 heated pools are some amenities to this uniquely located community on Siesta Key. Paradise beckons you to this great opportunity.

Last Listed By

Tom Ward

WATERSIDE REALTY LLC License #0644199 Listed on: 01/30/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,105

Year Built

  • Built in 1969

Lot Details

  • Home fronts a lagoon or estuary
  • 100 Feet of Waterfront
  • Private Beach
  • End Unit
  • Northwest Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $819 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,557 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • Window Treatments
  • Porcelain Tile
  • Lagoon Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Water Access
  • Patio
  • Outdoor Storage

Schools

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

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Senior Community
  • Association fees include cable TV, community pool, insurance, maintenance structure, ground maintenance, sewer, trash, water
  • Mid-Rise Condominium
  • Whispering Sands Community
  • Whispering Sands Sec 2 Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Shuffleboard Court
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,105

Year Built

Built in 1969

Lot Details

0

HOA Fees

$819 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1557
  • New Construction: No
  • Year Built: 1969
  • Building Area Total: 1557
  • Directions to Property: From the North Bridge on Siesta Key, enter the Village and turn right into Whispering Sands (across from Circle K). Guest Parking is on the left prior to hitting the stop sign.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4458369?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4458369?w=Customer
  • FCHR URL: Yes
  • Floor Number: 1
  • Homestead Y N: No
  • Unit Number Y N: No
  • Property Description: End Unit, Mid Rise
  • Call Center Phone Number: 941-346-7454
  • Ratio: Close Price\List Price: 0.98521
  • Price per Sq Ft: 278.1
  • Close to Original List Price Ratio: 0.98521
  • Ratio: Current Price\Building Area Total: 278.1
  • View: Yes
  • Co List Office Mls Id: 281505037
  • Co List Office Phone: 941-346-7454
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Porcelain Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Solid Surface Counters, Solid Wood Cabinets, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 225
  • Room Count: 7
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: Northwest
  • Exterior Features: Storage
  • Roof: Built-Up
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Patio
  • Water View: Lagoon
  • Water Access: Beach - Private
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0139F
  • Waterfront Frontage: 100
  • Water Frontage Feet Lagoon: 100
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Lead Paint

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Amenities: Clubhouse, Pool, Shuffleboard Court
  • Association: No
  • Senior Community: Yes
  • Condo Fees: 819
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 819
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 9828
  • Total Monthly Fees: 819

Schools

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

Lot Info

  • Zoning: RMF2
  • Parcel Number: 0080092006
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Minimum Lease: 2 Months
  • Approval Process: Application
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See Rules and Regs

Tax Info

  • Tax Annual Amount: 4105
  • Tax Book Number: 2-46
  • Tax Lot: na

Multi Family

  • Waterfront Features: Lagoon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2020
Closed on
May 20, 2020
Sold by
Pallies Donald W and Pallies Karen L
Bought by
Overbeck Anne S and Anne S Overbeck Revocable Trust
Seller's Agent
Tom Ward
WATERSIDE REALTY LLC
Buyer's Agent
Ronald Stahl
RON STAHL REALTY
List Price
$439,500
Sold Price
$433,000
Premium/Discount to List
-$6,500
-1.48%
Total Days on Market
38
Current Estimated Value
$649,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,650
Avg. Annual Appreciation
8.42%

Purchase Details

Listed on
Nov 13, 2013
Closed on
Dec 2, 2013
Sold by
Fecko John S
Bought by
225 Hourglass Llc
Seller's Agent
Bruce Myer
COLDWELL BANKER REALTY
Buyer's Agent
Tom Ward
WATERSIDE REALTY LLC
List Price
$349,000
Sold Price
$312,000
Premium/Discount to List
-$37,000
-10.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%

Purchase Details

Closed on
Apr 24, 2013
Sold by
225 Hourglass Llc
Bought by
Pallies Donald W and Pallies Karen L

Purchase Details

Closed on
May 15, 2012
Sold by
Caldwell Trust Company
Bought by
Fecko John S

Purchase Details

Closed on
Oct 6, 1999
Sold by
Vandyke Stuart H
Bought by
Vandyke Eleonora Markham

Range of Values:

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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
Overbeck Anne S $433,000 Attorney
225 Hourglass Llc $312,000 Attorney
Pallies Donald W -- Attorney
Fecko John S $250,000 Attorney
Vandyke Eleonora Markham -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pallies Donald W $250,000
Previous Owner Pallies Donald W $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2020 05/20/20 Sold $433,000 -1.5% $278 / Sq Ft
03/08/2020 03/08/20 Pending -- -- --
01/30/2020 01/30/20 For Sale $439,500 +40.9% $282 / Sq Ft
12/02/2013 12/02/13 Sold $312,000 -10.6% $245 / Sq Ft
11/13/2013 11/13/13 Pending -- -- --
11/13/2013 11/13/13 For Sale $349,000 -- $275 / 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 $5,315 $452,600 -- $452,600
2023 $5,315 $456,290 $0 $0
2022 $5,217 $443,000 $0 $443,000
2021 $4,721 $350,800 $0 $350,800
2020 $4,246 $342,128 $0 $0
2019 $4,105 $334,436 $0 $0
2018 $4,014 $328,200 $0 $328,200
2017 $4,084 $328,500 $0 $328,500
2016 $4,245 $298,800 $0 $298,800
2015 $4,221 $289,000 $0 $289,000
2014 $4,097 $257,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4458369

Stellar MLS

APN: 0080-09-2006