NOT LISTED FOR SALE

5623 Midnight Pass Rd Unit 616 Sarasota, FL 34242

Estimated Value: $422,416 - $498,000

2 Beds
2 Baths
1,012 Sq Ft
$395/mo HOA Fee

Last Sold April 08, 2019

Last sale price $270,000 $267 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,242/month

107 Days on Market

Highlights

  • Community Boat Slip
  • Clubhouse
  • Community Pool
  • Phillippi Shores Elementary School Rated A
  • Park or Greenbelt View
  • Recreation Facilities

About This Home

As of April 2019

Vacation Home or great rental property, directly across from Siesta Key Beach. Unit is ready for a complete remodel. Wonderful resort community with 0n-site rental office, pool , clubhouse, grills and boat docks. Pet friendly too! Hard to find a 2/2 with maintenance under $400. a month priced under $400K and very close to the public beach and all the amenities. Ride the free trolley into the village with all of its restaurants and shops. Bring your remodeling ideas! Rental income potential of 20K!

Last Agent to Sell the Property

Carol Thomas

MICHAEL SAUNDERS & COMPANY License #0627050 Listed on: 11/21/2018

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Carol Thomas

MICHAEL SAUNDERS & COMPANY License #0627050 Listed on: 11/21/2018

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,034

Year Built

  • Built in 1975

Lot Details

  • 5.93

HOA Fees

  • $395 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,012 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room
  • Park or Greenbelt Views

Kitchen

  • Built-In Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Hall
  • Laundry Located Outside

Parking

  • 1 Carport Space
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Outdoor Grill

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, trash
  • White Sands Village Association, Phone Number (941) 349-5600
  • White Sands Village Community
  • White Sands Village Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Clubhouse
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Community Boat Slip
  • Recreation Facilities
  • Community Pool

Pet Policy

  • Pets up to 25 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,034

Year Built

Built in 1975

Lot Details

0

HOA Fees

$395 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1012
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 1072
  • Directions to Property: On Midnight Pass Road East Corner at stop light of MPR and Beach Road Across from the Public Beach.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4419570&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4419570&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Call Center Phone Number: 941-308-7777
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.9003
  • Price per Sq Ft: 266.8
  • Close to Original List Price Ratio: 0.84401
  • Ratio: Current Price\Building Area Total: 251.87
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Dishwasher, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Street Number Modifier: 5623
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Outdoor Grill, Outdoor Shower, Sidewalk, Sliding Doors
  • Roof: Metal
  • Pool Private: No
  • View: Greenbelt
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0143F

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Public
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Corridor Access, Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool, Sidewalk
  • Association Amenities: Boat Slip, Clubhouse, Laundry, Maintenance, Pool, Recreation Facilities, Storage
  • Association Fee Frequency: Quarterly
  • Association Name: White Sands Village
  • Phone: 941-349-5600
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 1184
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 395
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 4736
  • Total Monthly Fees: 394.67

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0105041068
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 25
  • Minimum Lease: 2 Weeks
  • Approval Process: See Additional Docs
  • Num Timesper Year: 26
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: $100. Application fee

Tax Info

  • Tax Annual Amount: 3034
  • Tax Book Number: 10-33
  • Tax Lot: 616

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2018
Closed on
Apr 8, 2019
Sold by
Wood Mary Beard and Nmary Beard Wood Revocable Tru
Bought by
Real Key Enterprises Llc
Seller's Agent
Carol Thomas
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Carol Thomas
MICHAEL SAUNDERS & COMPANY
List Price
$319,900
Sold Price
$270,000
Premium/Discount to List
-$49,900
-15.6%
Current Estimated Value
$473,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,104
Avg. Annual Appreciation
8.93%

Purchase Details

Closed on
Jan 24, 2018
Sold by
Wood Mary Beard
Bought by
Wood Mary Beard and Wood Robert L

Purchase Details

Closed on
Mar 17, 1997
Sold by
Wood Robert W and Wood Mary
Bought by
Wood Robert W
Source: Public Records

Range of Values:

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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
Real Key Enterprises Llc $270,000 Msc Title Inc
Wood Mary Beard -- Attorney
Wood Mary Beard -- Attorney
Wood Robert W -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2019 04/08/19 Sold $270,000 -10.0% $267 / Sq Ft
03/08/2019 03/08/19 Pending -- -- --
12/05/2018 12/05/18 Price Changed $299,900 -6.3% $296 / Sq Ft
11/21/2018 11/21/18 For Sale $319,900 -- $316 / 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 $4,382 $336,477 -- --
2023 $4,382 $369,700 $0 $369,700
2022 $3,957 $324,300 $0 $324,300
2021 $3,460 $252,800 $0 $252,800
2020 $3,412 $244,600 $0 $244,600
2019 $3,412 $247,800 $0 $247,800
2018 $3,207 $232,700 $0 $232,700
2017 $3,034 $212,113 $0 $0
2016 $2,906 $206,600 $0 $206,600
2015 $2,638 $175,300 $0 $175,300
2014 $2,946 $176,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4419570

Stellar MLS

APN: 0105-04-1068