NOT LISTED FOR SALE

5108 Calle Minorga Unit 5108 Sarasota, FL 34242

Estimated Value: $562,000 - $679,000

2 Beds
2 Baths
883 Sq Ft
$465/mo HOA Fee

Last Sold May 23, 2018

Last sale price $380,000 $430 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,318/month

63 Days on Market

Highlights

  • Furnished
  • Stone Countertops
  • Community Pool
  • Phillippi Shores Elementary School Rated A
  • Mature Landscaping
  • Crown Molding

About This Home

As of May 2018

A RARE property in the heart of Siesta Key Village and the worlds #1 beach. Enjoy this open, light and bright 2 bedroom 2 bath condo and then lease the property for an awesome investment while you’re not using it. The daily rental aspect makes this residence VERY UNIQUE and extremely attractive! Located in the heart of Siesta Key Village and steps away from amazing entertainment and local restaurants that only this village provides. A VERY short walk and your toes are in the sand where you can enjoyendless summers and priceless sunsets! The residence has been updated with tile and granite throughout as well as crown molding. Newer kitchencabinets and stainless appliances for the cook in the family. Also updated you will find a new roof and A/C system in 2016. The sliding glass doorprovides ample natural light and the open floor plan allows for maximum enjoyment for the entire family with zero wasted space. Both bedrooms provide plenty of closet and storage space. Also provided is your own private/in unit laundry area with washer/dryer. The residence is being sold turnkey furnished and ready to go! Come see why trip advisor rates this unique residence an excellent vacation and you will understand howamazing this opportunity truly is. The investment numbers are available upon request. Plenty of parking which makes this island get-a-way an amazing escape and investment.

Last Agent to Sell the Property

John Wilcher

FINE PROPERTIES License #3036332 Listed on: 02/08/2018

FINE PROPERTIES

Last Buyer's Agent

Bob Stahlschmidt II

BRIGHT REALTY License #0629985

BRIGHT REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,474

Year Built

  • Built in 1966

Lot Details

  • Mature Landscaping
  • Landscaped with Trees
  • Zero Lot Line
  • Condo Land Included

HOA Fees

  • $465 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 883 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Inside Utility
  • Ceramic Tile Flooring

Kitchen

  • Oven
  • Range Hood
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

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 escrow reserves fund, insurance, maintenance structure, ground maintenance, pest control, trash
  • Mid-Rise Condominium
  • Calle Minogra Community
  • Calle Minogra Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets up to 35 lbs
  • 2 Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,474

Year Built

Built in 1966

Lot Details

0

HOA Fees

$465 per month

Listing Details

  • HOA Fee Includes: Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 883
  • New Construction: No
  • Year Built: 1966
  • Building Area Total: 883
  • Directions to Property: From Ocean Blvd on Siesta Key, take Agenda Milano to right on Calle Minorga.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4209783&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4209783&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Property Description: Mid Rise
  • Ratio: Close Price\List Price: 0.98191
  • Price per Sq Ft: 430.35
  • Close to Original List Price Ratio: 0.95238
  • Ratio: Current Price\Building Area Total: 430.35
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Solid Surface Counters, Stone Counters, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave Hood, Oven, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Window Treatments
  • Street Number Modifier: 5108
  • Room Count: 3
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Sliding Doors
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0139F

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association Fee: 465
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Land Included Y N: Yes
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 5580
  • Monthly HOA Fee: 465
  • Total Monthly Fees: 465

Lot Info

  • Zoning: OPI
  • Parcel Number: 0080166001
  • Additional Parcels: No
  • Lot Features: Zero Lot Line
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 35
  • Minimum Lease: No Minimum
  • Pet Restrictions: SEE HOA RULES AND RESTRICTIONS
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 4474
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2018
Closed on
May 23, 2018
Sold by
River Capital Llc
Bought by
Marelo Properties Lp
Seller's Agent
John Wilcher
FINE PROPERTIES
Buyer's Agent
Bob Stahlschmidt II
BRIGHT REALTY
List Price
$399,000
Sold Price
$380,000
Premium/Discount to List
-$19,000
-4.76%
Current Estimated Value
$630,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,491
Avg. Annual Appreciation
7.77%

Purchase Details

Closed on
Aug 12, 2005
Sold by
Gutierrez Alex
Bought by
Minorga Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,420,000
Interest Rate
5.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 1997
Sold by
Euro Pacific Consult Co Ltd
Bought by
Gutierrez Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
7.69%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Marelo Properties Lp $380,000 Attorney
Minorga Partners Llc $2,800,000 Desjarlais Title Company
Gutierrez Alex $615,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Minorga Partners Llc $2,420,000
Previous Owner Gutierrez Alex $492,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2018 05/23/18 Sold $380,000 -1.8% $430 / Sq Ft
04/13/2018 04/13/18 Pending -- -- --
03/30/2018 03/30/18 Price Changed $387,000 -3.0% $438 / Sq Ft
02/08/2018 02/08/18 For Sale $399,000 -- $452 / 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 $6,078 $389,451 -- --
2023 $6,078 $428,000 $0 $428,000
2022 $5,618 $388,500 $0 $388,500
2021 $4,296 $292,600 $0 $292,600
2020 $4,227 $274,200 $0 $274,200
2019 $4,417 $288,900 $0 $288,900
2018 $4,507 $291,000 $0 $291,000
2017 $4,474 $270,900 $0 $270,900
2016 $4,404 $277,400 $0 $277,400
2015 $4,210 $259,100 $0 $259,100
2014 $3,489 $193,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4209783

Stellar MLS

APN: 0080-16-6001