$312,000
SOLD DEC 2, 2013

225 Hourglass Way Unit 106 Sarasota, FL 34242

2 Beds
2 Baths
1,271 Sq Ft
$577/mo HOA Fee

Recently Sold

$245 Per Sq Ft

11% Below List Price

Highlights

  • 500 Feet of Waterfront
  • Private Beach
  • Heated Indoor Pool
  • Water access To Gulf or Ocean
  • Fitness Center
  • Home fronts a lagoon or estuary

About This Home

As of May 2020

Beautifully renovated to perfection 2BD/2BA at Whispering Sands on world famous Siesta Key! Distinguished ground floor residence is steps away from the beach, community pool and all the entertainment that Siesta Village has to offer. Living room and bedrooms open to a spacious 36' screened lanai which offers peaceful views over the lovely lagoon with lush greenery as a backdrop. 800ft of private beach with tiki hut, clubhouse and exercise rooms, shuffleboard, and 2 heated pools are some amenities to this uniquely located community on Siesta Key. Paradise beckons you to this great opportunity. Vacant and available for immediate occupancy. Easy to show. This is a 55+ community.

Last Agent to Sell the Property

Bruce Myer

COLDWELL BANKER REALTY License #0342109 Listed on: 11/13/2013

COLDWELL BANKER REALTY

Co-Listed By

Mirta Klauber

COLDWELL BANKER REALTY License #0348813

Last Buyer's Agent

Tom Ward

WATERSIDE REALTY LLC License #0644199

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,463

Year Built

  • Built in 1969

Lot Details

  • Home fronts a lagoon or estuary
  • 500 Feet of Waterfront
  • Private Beach
  • Northwest Facing Home
  • Irrigation
  • Landscaped with Trees

HOA Fees

  • $577 Monthly HOA Fees

Property Views

  • Lagoon
  • Woods

Home Design

  • Slab Foundation
  • Shake Roof
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,271 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 1 Carport Space
  • Assigned Parking

Pool

  • Heated Indoor Pool
  • Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Lagoon or Estuary
  • Rip-Rap
  • Deck
  • Covered patio or porch
  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Location

  • Flood Zone Lot
  • Property is near public transit

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, escrow reserves fund, insurance, ground maintenance, manager, pest control, recreational facilities, sewer, trash, water
  • 267 Units
  • Whispering Sands Condominium Assn. 941 349 8458 Association
  • Whispering Sands Community
  • Whispering Sands Sec 2 Subdivision
  • Association Owns Recreation Facilities

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Shuffleboard Court
  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,463

Year Built

Built in 1969

Lot Details

0

HOA Fees

$577 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Grounds, Manager, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1271
  • New Construction: No
  • Year Built: 1969
  • Building Area Total: 1557
  • Directions to Property: south on Ocean Blvd. to to Siesta Key Village. Enter Whispering Sands to building 225 - Sunset House. Hallway to left inside building
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3987892&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3987892&cview=true&show_results=true&customer_portal=true
  • FCHR URL: No
  • Floor Number: 1
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Home Warranty Y N: No
  • Subdivision Num: 7056
  • Ratio: Close Price\List Price: 0.89398
  • Price per Sq Ft: 245.48
  • Close to Original List Price Ratio: 0.89398
  • Ratio: Current Price\Building Area Total: 200.39
  • View: Yes
  • Co List Office Mls Id: 231502433
  • Co List Office Phone: 941-383-6411
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2012
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Solid Surface Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave Hood, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Stories: 3
  • Window Features: Window Treatments
  • Street Number Modifier: 225
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northwest
  • Other Structures: Storage
  • Pool Features: Heated, Indoor
  • Exterior Features: Irrigation System, Lighting, Rain Gutters, Sliding Doors, Storage
  • Roof: Membrane, Shake
  • Pool Private: No
  • View: Trees/Woods, Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View: Lagoon
  • Water Access: Beach - Private, Gulf/Ocean, Lagoon
  • Water Extras: Riprap
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 500
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Fitness, Pool
  • Association Amenities: Elevator(s), Fitness Center, Laundry, Shuffleboard Court
  • Association Name: Whispering Sands Condominium Assn. 941 349 8458
  • Association: No
  • Senior Community: Yes
  • Condo Fees: 577
  • Condo Fees Term: Monthly
  • Monthly Condo Fee Amount: 577
  • Association Fee Requirement: None

Fee Information

  • Total Annual Fees: 6924
  • Total Monthly Fees: 577

Lot Info

  • Zoning: RMF2
  • Parcel Number: 0080092006
  • Additional Parcels: No
  • Lot Features: FloodZone, Near Public Transit
  • Millage Rate: 13.4
  • Future Land Use: 0403
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Expected Lease Date: 2013-12-02T05:00:00.000Z

Multi Family

  • Number Of Units Total: 267
  • Waterfront Features: Lagoon

Tax Info

  • Tax Annual Amount: 3463
  • Tax Book Number: 0002/0046

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
0
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
8.40%

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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $433,000 Attorney
Warranty Deed $312,000 Attorney
Warranty Deed -- Attorney
Warranty Deed $250,000 Attorney
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 Commercial
Previous Owner $145,000 Credit Line Revolving
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: A3987892

Stellar MLS

APN: 0080-09-2006