NOT LISTED FOR SALE

Estimated Value: $1,388,000 - $1,712,000

2 Beds
2 Baths
1,883 Sq Ft
$1,051/mo HOA Fee

Last Sold July 13, 2018

Last sale price $845,000 $449 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $10,578/month

206 Days on Market

Highlights

  • 500 Feet of Waterfront
  • White Water Ocean Views
  • Public Beach
  • Booker High School Rated A-
  • Access To Intracoastal Waterway
  • 5-minute walk to Causeway Park

About This Home

As of July 2018

This PENTHOUSE is located at the iconic, LeChateau Condominiums. Come see the PANORAMIC, WATER VIEWS (from multiple balconies) including the Sarasota Bayfront, Marina Jack Yacht Basin and Downtown Sarasota. This is a one of a kind condominium in an incredible location. The extra large, direct waterfront, curved balcony has sunset views that will take your breath away. Another, private balcony on the east side of this condo has impressive city and marina views that you can take in while you relax with your morning coffee. This is the largest, original floor plan in LeChateau. The owner has opened up the 3rd bedroom for use as a media room (WHICH CAN EASILY BE CONVERTED BACK TO A 3RD BEDROOM). The remodeled, gourmet kitchen has a Sub Zero refrigerator, double-drawer Fisher & Paykel dishwasher and large pantry. There is also a 30 bottle, Sub Zero, wine refrigerator built into the bar. There is extra storage off of the east balcony and another storage unit located in the community storage building adjacent to the front parking area. The October 2017 issue of Sarasota Magazine, calls LeChateau one of the Top 10 Favorite Buildings In Sarasota for the ““gitschy glamor”” style, location and better views than other nearby (and far more expensive) condos. Priced below appraisal. Ask your Realtor for a copy of the appraisal attached in the MLS.

Last Agent to Sell the Property

John Brink

OCEANS GLOBAL REALTY, LLC License #3596306 Listed on: 10/09/2017

Co-Listed By

Bill McCue

BRIGHT REALTY License #3050320

Last Buyer's Agent

Mary Murphy

FINE PROPERTIES License #3375777

FINE PROPERTIES

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,618

Year Built

  • Built in 1971

Lot Details

  • 500 Feet of Waterfront
  • Property fronts a public beach
  • Property Fronts a Bay or Harbor
  • Public Beach
  • End Unit
  • Mature Landscaping
  • Zero Lot Line
  • Condo Land Included

HOA Fees

  • $1,051 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Beach
  • Marina
  • Intracoastal

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Block Exterior

Interior Spaces

  • 1,883 Sq Ft Home
  • Bar Fridge
  • Crown Molding
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Great Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Parking

  • 1 Carport Space
  • Guest Parking
  • Assigned Parking

Pool

  • Heated Pool
  • Outdoor Shower

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Seawall
  • Rip-Rap
  • Water Skiing Allowed
  • Balcony
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Location

  • Property is near public transit
  • City Lot

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, community pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, manager, security, sewer, trash, water
  • High-Rise Condominium
  • Le Chateau Condos
  • Le Chateau Community
  • Le Chateau Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 7-Story Property

Amenities

  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Storm Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,618

Year Built

Built in 1971

Lot Details

0

HOA Fees

$1,051 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1883
  • New Construction: No
  • Year Built: 1971
  • Building Area Total: 2058
  • Directions to Property: Turn right on Sunset Drive (opposite of Golden Gate) at the last light before going over the Ringling Causeway. Second building on the left is LeChateau. It's pink. Hard to miss!
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4198187&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4198187&cview=true&show_results=true&customer_portal=true
  • Floor Number: 7
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Corner Unit, End Unit, High Rise
  • Ratio: Close Price\List Price: 0.97688
  • Price per Sq Ft: 448.75
  • Close to Original List Price Ratio: 0.88021
  • Ratio: Current Price\Building Area Total: 410.59
  • View: Yes
  • Co List Office Mls Id: 281517902
  • Co List Office Phone: 941-552-6036
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Bar Fridge, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 7
  • Window Features: Blinds, Thermal Windows, Storm Window(s)
  • Street Number Modifier: 37
  • Room Count: 4
  • Additional Rooms: Den/Library/Office, Great Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Storage
  • Pool Features: Heated
  • Exterior Features: Balcony, Lighting, Outdoor Grill, Outdoor Shower, Storage
  • Roof: Membrane
  • Pool Private: No
  • View: Water
  • Water Body Name: Sarasota Bay
  • Waterfront: Yes
  • Water View: Bay/Harbor - Full, Beach, Intracoastal Waterway, Marina
  • Water Access: Bay/Harbor, Beach - Public, Intracoastal Waterway
  • Water Extras: Riprap, Sailboat Water, Seawall - Concrete, Skiing Allowed
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0133F
  • Waterfront Frontage: 500
  • Water Frontage Feet Beach Pub: 200
  • Water Frontage Feet Bay Harbor: 300

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Fire Hydrant, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool, Water Access
  • Association Amenities: Elevator(s), Laundry, Maintenance, Security, Storage
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Fire/Smoke Detection Integration
  • Senior Community: No
  • Condo Land Included Y N: Yes
  • Complex Community Name NCCB: LE CHATEAU
  • Association Fee Requirement: Required
  • Montly Maint Amt Addition To H O A: 1051
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 12612
  • Total Monthly Fees: 1051

Lot Info

  • Zoning: DTB
  • Parcel Number: 2010021027
  • Additional Parcels: No
  • Lot Features: City Lot, Near Public Transit, Sidewalk, Zero Lot Line
  • Millage Rate: 16.38
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Approval Process: Association has a New Tenant Application and process.
  • Num Timesper Year: 1
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Must own for two years prior to leasing.

Tax Info

  • Tax Annual Amount: 3618
  • Tax Book Number: 4-49
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Bay/Harbor, Beach - Public

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2017
Closed on
Jul 13, 2018
Sold by
Mulkin Virginia L and Mulkin John W
Bought by
Lau Alfonso and Lau Theow K
Seller's Agent
John Brink
OCEANS GLOBAL REALTY, LLC
Buyer's Agent
Mary Murphy
FINE PROPERTIES
List Price
$960,000
Sold Price
$845,000
Premium/Discount to List
-$115,000
-11.98%
Current Estimated Value
$1,595,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$750,215
Avg. Annual Appreciation
10.15%
Source: Public Records

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 Buyer Sale Price Title Company
Lau Alfonso $845,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2018 07/13/18 Sold $845,000 -2.3% $449 / Sq Ft
05/04/2018 05/04/18 Pending -- -- --
04/23/2018 04/23/18 Price Changed $865,000 -1.1% $459 / Sq Ft
03/05/2018 03/05/18 Price Changed $875,000 -2.2% $465 / Sq Ft
01/18/2018 01/18/18 Price Changed $895,000 -0.6% $475 / Sq Ft
12/10/2017 12/10/17 Price Changed $900,000 -2.7% $478 / Sq Ft
10/19/2017 10/19/17 Price Changed $925,000 -3.6% $491 / Sq Ft
10/09/2017 10/09/17 For Sale $960,000 -- $510 / 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 $12,336 $877,446 -- --
2023 $12,336 $851,889 $0 $0
2022 $12,029 $827,077 $0 $0
2021 $12,142 $802,987 $0 $0
2020 $12,284 $791,900 $0 $791,900
2019 $11,671 $716,200 $0 $716,200
2018 $9,117 $553,900 $0 $553,900
2017 $3,618 $246,358 $0 $0
2016 $3,631 $540,400 $0 $540,400
2015 $3,690 $505,100 $0 $505,100
2014 $3,595 $229,101 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4198187

Stellar MLS

APN: 2010-02-1027