C
Seller's Agent in 2023
Carol Thomas
Michael Saunders
(941) 302-8127
16 in this area
26 Total Sales
Beach Terrace 5400 Ocean Blvd Unit 14-1 Sarasota, FL 34242
Estimated Value: $1,112,000 - $1,677,785
2
Beds
2
Baths
1,187
Sq Ft
$1,268/mo
HOA Fee
Highlights
- 450 Feet of Ocean or Gulf Waterfront
- Beach View
- In Ground Pool
- Phillippi Shores Elementary School Rated A
- Beach Access
- Deck
About This Home
As of April 2023The Terrace building…designed by Frank Folsom Smith. The location is second to none – directly on Siesta Beach and steps to the Village and all it has to offer. This end unit has been completely renovated and updated. It is truly elegant with stunning views of endless sunrises and sunsets. Newer impact windows as well as storm shutters! The building also has undergone external updates in the last 3 years! New plumbing, new whole building generator, new elevators, new lobby area. The well has been relocated, control alarms attached to plumbing and a geo-thermal HVAC system that keeps costs low. There is also a large, salt water pool over the garages that overlooks the beach.
Last Agent to Sell the Property
MICHAEL SAUNDERS & COMPANY License #0627050 Listed on: 11/10/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $12,163
Year Built
- Built in 1970
Lot Details
- West Facing Home
HOA Fees
- $1,268 Monthly HOA Fees
Home Design
- Entry on the 14th floor
- Slab Foundation
- Shingle Roof
- Block Exterior
Interior Spaces
- 1,187 Sq Ft Home
- Electric Fireplace
- Living Room
- Tile Flooring
Kitchen
- Built-In Oven
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Parking
- 1 Carport Space
- Ground Level Parking
- Parking Garage Space
Outdoor Features
- In Ground Pool
- Beach Access
- Water Access
- Deck
- Patio
- Outdoor Storage
- Wrap Around Porch
Schools
- Phillippi Shores Elementary School
- Brookside Middle School
- Sarasota High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Assessor Parcel Number 0080251055
Community Details
Overview
- Association fees include common area taxes, pool, escrow reserves fund, fidelity bond, maintenance structure, ground maintenance, maintenance, management, pest control, sewer, trash, water
- Terrace Community
- Terrace Subdivision
- Association Owns Recreation Facilities
- The community has rules related to vehicle restrictions
- 17-Story Property
Amenities
- Laundry Facilities
- Community Storage Space
- Elevator
Recreation
- Community Pool
Security
- Card or Code Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 10, 2022
Closed on
Apr 3, 2023
Sold by
Paxon L William L and Paxon Susan
Bought by
Curran Thomas P and Curran Maria M
Seller's Agent
Carol Thomas
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Kristina Waskom
MICHAEL SAUNDERS & COMPANY
List Price
$2,150,000
Sold Price
$1,900,000
Premium/Discount to List
-$250,000
-11.63%
Views
71
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$378,304
Avg. Annual Appreciation
-8.28%
Original Mortgage
$1,400,000
Outstanding Balance
$1,359,054
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$162,642
Purchase Details
Listed on
Sep 3, 2014
Closed on
Sep 30, 2014
Sold by
Piana Michelle A
Bought by
Paxon L William and Molinari Susan
Seller's Agent
Michelle Piana
CROWN PALM REALTY
List Price
$1,279,000
Sold Price
$1,200,000
Premium/Discount to List
-$79,000
-6.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.54%
Purchase Details
Closed on
Aug 7, 2000
Sold by
Pearce Thomas M
Bought by
Piana Michelle A
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Curran Thomas P | $1,900,000 | -- | |
| Paxon L William | $1,200,000 | Riddelltitle & Escrow Llc | |
| Piana Michelle A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Curran Thomas P | $1,400,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/04/2023 04/04/23 | Sold | $1,900,000 | -5.0% | $1,601 / Sq Ft | |
| 02/20/2023 02/20/23 | Pending | -- | -- | -- | |
| 01/27/2023 01/27/23 | Price Changed | $1,999,999 | -7.0% | $1,685 / Sq Ft | |
| 11/10/2022 11/10/22 | For Sale | $2,150,000 | +79.2% | $1,811 / Sq Ft | |
| 08/17/2018 08/17/18 | Off Market | $1,200,000 | -- | -- | |
| 09/30/2014 09/30/14 | Sold | $1,200,000 | -6.2% | $1,011 / Sq Ft | View Prior Sale |
| 09/04/2014 09/04/14 | Pending | -- | -- | -- | |
| 09/03/2014 09/03/14 | For Sale | $1,279,000 | -- | $1,078 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $16,471 | $1,494,000 | -- | $1,494,000 |
| 2023 | $16,471 | $1,571,000 | $0 | $1,571,000 |
| 2022 | $13,850 | $1,222,200 | $0 | $1,222,200 |
| 2021 | $12,163 | $968,900 | $0 | $968,900 |
| 2020 | $14,046 | $1,125,600 | $0 | $1,125,600 |
| 2019 | $13,522 | $1,137,900 | $0 | $1,137,900 |
| 2018 | $11,264 | $881,200 | $0 | $881,200 |
| 2017 | $11,459 | $881,200 | $0 | $881,200 |
| 2016 | $11,735 | $881,200 | $0 | $881,200 |
| 2015 | $11,874 | $868,200 | $0 | $868,200 |
| 2014 | $10,167 | $668,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Carol Thomas
-
Kristina Waskom
Buyer's Agent in 2023
Kristina Waskom
Michael Saunders
(941) 266-8658
22 in this area
61 Total Sales
-
Michelle Piana
M
Seller's Agent in 2014
Michelle Piana
CROWN PALM REALTY
(941) 302-3156
2 Total Sales
About Beach Terrace
Map
Source: Stellar MLS
MLS Number: A4552109
APN: 0080-25-1055
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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