NOT LISTED FOR SALE

5661 Midnight Pass Rd Unit 403 Sarasota, FL 34242

Estimated Value: $457,994 - $506,000

2 Beds
2 Baths
1,012 Sq Ft
$474/Sq Ft Est. Value

Last Sold June 25, 2024

Last sale price $509,100 $503 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,607/month

About This Home

Welcome to the paradise of Siesta Key and White Sands Village condo! Location, Location, Location! Across the street from the world famous Siesta Key Public beach. Fully Furnished 2 bedroom 2 full bath condo with all tile floors updated kitchen and bathrooms. Ready to use as a primary, second home, or an investment property. Rental Manager onsite from Monday-Friday 9-4. Already has rental income for February, March and April 2024. This community also has docks for your boat, on a first come first serve basis, with direct access to the Intracoastal Waterway and the Gulf of Mexico and community pool to cool off after you go to the beach, public tennis and pickleball courts, Siesta Key Village shopping, restaurants, and entertainment and so much more to enjoy. #JustAnotherDayInParadise Siesta Key Sarasota Florida PLEASE USE THE 3D MATTERPORT VIDEO TO TOUR THE INSIDE OF THE CONDO. UNTIL AN ACCEPTED PURCHASE AGREEMENT IS SIGNED. THEN THE BUYER WILL RECEIVE ACCESS DURING THE INSPECTION PERIOD.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2023
Closed on
Jun 25, 2024
Sold by
Trahan Troy and Cajun Solo 401K Trust
Bought by
Baker Thomas G and Baker Amber D
Seller's Agent
Edward Bieker
DALTON WADE INC
Buyer's Agent
Mark Labbato
FINE PROPERTIES
List Price
$539,900
Sold Price
$509,100
Premium/Discount to List
-$30,800
-5.7%
Views
1530
Current Estimated Value
$479,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,101
Avg. Annual Appreciation
-4.30%
Original Mortgage
$346,100
Outstanding Balance
$341,990
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$138,009

Purchase Details

Listed on
Oct 11, 2017
Closed on
Oct 25, 2017
Sold by
Baxter Richard R and Baxter Paula
Bought by
Trahan Troy and Cajun Solo 401K Trust
Seller's Agent
Carol Thomas
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Jeff Kattrein
COLDWELL BANKER REALTY
List Price
$355,000
Sold Price
$340,000
Premium/Discount to List
-$15,000
-4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%

Purchase Details

Closed on
Feb 13, 2004
Sold by
Hanke Erich and Hanke Gertrude
Bought by
Baxter Richard R and Baxter Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.63%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Baker Thomas G $509,100 None Listed On Document
Trahan Troy $340,000 Attorney
Baxter Richard R $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Thomas G $346,100
Previous Owner Baxter Richard R $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2024 06/25/24 Sold $509,100 -5.7% $503 / Sq Ft View Prior Sale
05/22/2024 05/22/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $539,900 +6.0% $533 / Sq Ft
01/26/2024 01/26/24 Off Market $509,100 -- --
11/13/2023 11/13/23 For Sale $539,900 +58.8% $533 / Sq Ft
08/17/2018 08/17/18 Off Market $340,000 -- --
10/26/2017 10/26/17 Sold $340,000 -4.2% $336 / Sq Ft View Prior Sale
10/12/2017 10/12/17 Pending -- -- --
10/11/2017 10/11/17 For Sale $355,000 -- $351 / Sq Ft

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 $4,916 $388,253 -- --
2023 $4,916 $414,800 $0 $414,800
2022 $4,473 $369,400 $0 $369,400
2021 $3,934 $291,700 $0 $291,700
2020 $3,894 $283,200 $0 $283,200
2019 $4,088 $302,200 $0 $302,200
2018 $3,962 $293,200 $0 $293,200
2017 $2,161 $181,982 $0 $0
2016 $2,153 $206,600 $0 $206,600
2015 $2,190 $177,000 $0 $177,000
2014 $2,293 $181,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Edward Bieker

    Seller's Agent in 2024

    Edward Bieker

    DALTON WADE INC

    (941) 525-6473

    2 in this area

    144 Total Sales

    Edward Bieker
    Section Image
  • Mark Labbato

    Buyer's Agent in 2024

    Mark Labbato

    FINE PROPERTIES

    (941) 349-3444

    6 in this area

    21 Total Sales

    Mark Labbato
    Section Image

  • C

    Seller's Agent in 2017

    Carol Thomas

    Michael Saunders

    (941) 302-8127

    16 in this area

    26 Total Sales

    Carol Thomas
    Section Image
  • Jeff Kattrein

    Buyer's Agent in 2017

    Jeff Kattrein

    COLDWELL BANKER REALTY

    (941) 702-4279

    3 in this area

    59 Total Sales

    Jeff Kattrein
    Section Image
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Map

Florida Sarasota County Sarasota 34242

5661 Midnight Pass Rd Unit 403, Sarasota, FL

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