NOT LISTED FOR SALE

5021 Midnight Pass Rd Sarasota, FL 34242

Estimated Value: $994,000 - $1,516,000

3 Beds
3 Baths
2,504 Sq Ft
$456/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $525,000 $210 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $7,147/month

156 Days on Market

Highlights

  • Gunite Pool
  • Open Floorplan
  • Traditional Architecture
  • Phillippi Shores Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of March 2018

Siesta Key Rare Opportunity! Unbelievable Price! Great Location! Nestled behind Iron Privacy Gates you will find a Charming 3BR, 3 Bath Updated Two Story Single Family Home!
This vacation destination is within biking and walking distance to our world renowned Siesta Key Beach! The home features a open floor plan, hardwood floors/tile floors, balconies, resurfaced pool, newer roof, two car attached garage, circular driveway, fenced lot, lush landscaping. This home offers tremendous outdoor living space to entertaining friends and family. But also a great investment opportunity with a annual rental income of $3,500.00 a month. All within minutes to Siesta Key Beach, Shopping, Restaurants, Siesta Key Fitness and The Village.

Last Agent to Sell the Property

Kelly Gettel

COLDWELL BANKER REALTY License #3034647 Listed on: 09/26/2017

COLDWELL BANKER REALTY

Last Buyer's Agent

Wendy Reinhardt

WENDY REINHARDT REALTY,INC. License #619957

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,535

Year Built

  • Built in 1982

Lot Details

  • 0.26 Acre Lot
  • West Facing Home
  • Fenced
  • Mature Landscaping
  • Oversized Lot
  • Irrigation
  • Property is zoned RSF2

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Circular Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,504 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room
  • Pool Views

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • Gunite Pool
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Rain Gutters
  • Porch

Schools

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

Utilities

  • Humidity Control
  • Forced Air Zoned Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Siesta Beach Subdivision

Listing and Financial Details

  • Legal Lot and Block 61 / 16
  • Assessor Parcel Number 0081090009

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,535

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 2504
  • Lot Size Acres: 0.26
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 3250
  • Lot Size Sq Ft: 11503
  • Directions to Property: To Siesta Key on Midnight Pass between North and South bridge to 5021. From Downtown Sarasota travel S on 41/Tamiami Trl., Turn right onto Siesta Dr., Siesta Dr. turns into Higel Ave, Slight left onto Midnight Pass Rd., Destination will be on you left.
  • Status: Sold
  • Floor Number: 2
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.95628
  • Price per Sq Ft: 209.66
  • Close to Original List Price Ratio: 0.75107
  • Ratio: Current Price\Building Area Total: 161.54
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Street Number Modifier: 5021
  • Room Count: 9
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: West
  • Pool Features: Gunite
  • Exterior Features: Balcony, Fenced, Irrigation System, Lighting, Rain Gutters, Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • View: Pool
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0143F

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Guest, Oversized
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Public
  • Cooling: Central Air, Humidity Control, Zoned
  • Heating: Central, Zoned
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Security System Owned, Smoke Detector(s), Fire/Smoke Detection Integration
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0081090009
  • Additional Parcels: No
  • Lot Features: Oversized Lot
  • Millage Rate: 12.91
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Landscaping: Fl. Friendly/Native Landscape

Rental Info

  • Minimum Lease: 1 Month
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 5535
  • Tax Block: 16
  • Tax Book Number: 1037-423
  • Tax Lot: 61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2017
Closed on
Mar 30, 2018
Sold by
Huss Craig
Bought by
Coltogirone Lisa L
Seller's Agent
Kelly Gettel
COLDWELL BANKER REALTY
Buyer's Agent
Wendy Reinhardt
WENDY REINHARDT REALTY,INC.
List Price
$675,000
Sold Price
$525,000
Premium/Discount to List
-$150,000
-22.22%
Current Estimated Value
$1,164,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$639,667
Avg. Annual Appreciation
11.70%
Original Mortgage
$225,000
Outstanding Balance
$195,297
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$990,260

Purchase Details

Listed on
Oct 29, 2013
Closed on
Nov 25, 2013
Sold by
Federal National Mortgage Association
Bought by
Huss Craig
Seller's Agent
Joanne Owens
KELLER WILLIAMS ON THE WATER
Buyer's Agent
Shelley Jander
LESLIE WELLS REALTY, INC.
List Price
$454,500
Sold Price
$452,500
Premium/Discount to List
-$2,000
-0.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.48%

Purchase Details

Closed on
May 29, 2013
Sold by
Elk Philip
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 9, 2005
Sold by
Bergeron Grace and Bergeron Shawn
Bought by
Elk Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,600
Interest Rate
5.9%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 7, 2003
Sold by
Ingorvaia Angelo
Bought by
Bergeron Grace and Bergeron Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
6%

Purchase Details

Closed on
Jun 30, 2003
Sold by
Wells Fargo Bk Mn
Bought by
Ingorvaia Angelo

Purchase Details

Closed on
Dec 31, 2002
Sold by
Clerk Circuit Court
Bought by
Wells Fargo Bk Mn N A

Purchase Details

Closed on
Nov 6, 2001
Sold by
Obrien Victoria L
Bought by
Oliver Olga

Purchase Details

Closed on
Aug 10, 2001
Sold by
Obrien Victoria L
Bought by
Keating Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.19%

Purchase Details

Closed on
Jul 9, 1999
Sold by
Clerk Circuit Court
Bought by
Nudi Maas David E and Nudi Maas

Purchase Details

Closed on
Sep 30, 1998
Sold by
Carnacchi Diane and Carnacchi Thomas
Bought by
Obrien Victoria L

Purchase Details

Closed on
Aug 29, 1997
Sold by
Owens William H
Bought by
Carnacchi Diane

Purchase Details

Closed on
Sep 19, 1996
Sold by
Nudi Maas David E and Nudi Maas
Bought by
Pilz Andrew and Pilz Tina

Purchase Details

Closed on
Dec 16, 1994
Sold by
Owens William H and Owens Marcia B
Bought by
Owens William H
Source: Public Records

Range of Values:

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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
Coltogirone Lisa L $525,000 First International Title In
Huss Craig $452,500 New House Title Llc
Federal National Mortgage Association -- None Available
Elk Philip $755,000 Riddelltitle & Escrow Llc
Bergeron Grace $405,000 --
Ingorvaia Angelo $310,000 --
Wells Fargo Bk Mn N A -- --
Oliver Olga -- --
Obrien Victoria L -- --
Keating Marlene $450,000 --
Nudi Maas David E -- --
Obrien Victoria L $280,000 --
Carnacchi Diane $163,000 --
Pilz Andrew $195,000 --
Owens William H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coltogirone Lisa L $103,000
Open Coltogirone Lisa L $225,000
Previous Owner Elk Philip $350,000
Previous Owner Elk Philip $359,600
Previous Owner Elk Philip $40,000
Previous Owner Bergeron Shawn $147,855
Previous Owner Bergeron Grace $255,000
Previous Owner Keating Marlene $360,000
Previous Owner Obrien Victoria L $8,000
Previous Owner Obrien Victoria L $13,000
Previous Owner Obrien Victoria L $13,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2018 03/30/18 Sold $525,000 -4.4% $210 / Sq Ft
03/02/2018 03/02/18 Pending -- -- --
02/05/2018 02/05/18 Price Changed $549,000 -4.5% $219 / Sq Ft
01/11/2018 01/11/18 Price Changed $575,000 -4.0% $230 / Sq Ft
12/28/2017 12/28/17 Price Changed $599,000 -11.3% $239 / Sq Ft
12/22/2017 12/22/17 For Sale $675,000 +28.6% $270 / Sq Ft
11/29/2017 11/29/17 Off Market $525,000 -- --
10/16/2017 10/16/17 For Sale $675,000 0.0% $270 / Sq Ft
10/13/2017 10/13/17 Pending -- -- --
10/10/2017 10/10/17 Price Changed $675,000 -3.4% $270 / Sq Ft
09/26/2017 09/26/17 For Sale $699,000 +54.5% $279 / Sq Ft
11/25/2013 11/25/13 Sold $452,500 -0.4% $301 / Sq Ft
11/08/2013 11/08/13 Pending -- -- --
10/29/2013 10/29/13 For Sale $454,500 -- $302 / 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 $8,568 $601,745 -- --
2023 $8,568 $796,000 $518,200 $277,800
2022 $8,254 $784,200 $558,500 $225,700
2021 $6,283 $488,200 $331,900 $156,300
2020 $5,637 $411,000 $257,900 $153,100
2019 $5,155 $376,600 $221,400 $155,200
2018 $5,461 $402,500 $235,900 $166,600
2017 $5,536 $401,400 $216,200 $185,200
2016 $6,772 $492,600 $271,900 $220,700
2015 $6,287 $438,900 $253,000 $185,900
2014 $6,532 $299,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4196964

Stellar MLS

APN: 0081-09-0009