NOT LISTED FOR SALE

5950 Midnight Pass Rd Unit 317 Sarasota, FL 34242

Estimated Value: $610,625 - $727,000

2 Beds
2 Baths
988 Sq Ft
$492/mo HOA Fee

Last Sold October 22, 2014

Last sale price $360,000 $364 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $4,761/month

315 Days on Market

Highlights

  • Beach Access
  • Heated Indoor Pool
  • Deck
  • Phillippi Shores Elementary School Rated A
  • Custom Home
  • Private Lot

About This Home

As of October 2014

With world famous Siesta Beach within a minutes reach, you will find this rare opportunity in Siesta Beach House. If you are looking for an income generating beach rental or your very own beach retreat, this is the one! Year to date, this exceptional residence is the highest grossing condo in Siesta Beach House (3 day minimum rental policy). Beautifully turn-key furnished with an updated granite kitchen, wood kitchen cabinets, updated baths and flooring. The furnishings and decorative finishes are attractive and well suited to the tropical ambiance. Amenities include: private beach, heated community pool, and shuffle board. Fantastic location to enjoy the Siesta Key lifestyle and Gulf of Mexico breezes with deeded beach access.

Last Agent to Sell the Property

Greg Hudson

COLDWELL BANKER REALTY Brokerage Phone: 941-349-4411 License #3044373 Listed on: 10/31/2013

COLDWELL BANKER REALTY

Last Buyer's Agent

Greg Hudson

COLDWELL BANKER REALTY Brokerage Phone: 941-349-4411 License #3044373 Listed on: 10/31/2013

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,455

Year Built

  • Built in 1957

Lot Details

  • 3.55

HOA Fees

  • $492 Monthly HOA Fees

Home Design

  • Custom Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 988 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Great Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Open Parking
  • Assigned Parking

Pool

  • Heated Indoor Pool
  • Spa

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • Deck
  • Patio
  • Outdoor Grill
  • Porch

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • South Facing Home
  • Flood Zone Lot

Listing and Financial Details

Community Details

Overview

  • Association fees include maintenance structure
  • Progressive Comm. Mgmt. Association
  • Siesta Beach House Community
  • Siesta Beach House Subdivision

Recreation

  • Shuffleboard Court
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,455

Year Built

Built in 1957

Lot Details

0

HOA Fees

$492 per month

Listing Details

  • HOA Fee Includes: Maintenance Structure
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 988
  • New Construction: No
  • Year Built: 1957
  • Building Area Total: 988
  • Directions to Property: From Stickney Point Rd: drive North on MPR. Siesta Beach House on Left between Palm Bay Club and Sarasota Surf and Racquet.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 1
  • List Office Head Office Key Nume: 1046744
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 364.37
  • Total Acreage: Non-Applicable
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Planned Unit Development Yn: 0
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • Attribution Contact: 941-349-4411
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Solid Surface Counters, Stone Counters
  • Appliances Included: Dishwasher, Microwave, Range
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Two
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Blinds
  • Street Number Modifier: 5950
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Great Room
  • Living Area Meters: 91.79
  • Room Count: 5

Exterior Features

  • Direction Faces: South
  • Pool Features: Heated, Indoor
  • Exterior Features: Outdoor Grill
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Water Body Name: 0
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Access: Beach,Beach - Access Deeded,Gulf/Ocean
  • Water Extras YN: 0
  • Water View YN: 0

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Pool
  • Association Amenities: Shuffleboard Court
  • Association Name: Progressive Comm. Mgmt.
  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None
  • Building Name Number: 0
  • Condo Fees: 1476
  • Monthly Condo Fee Amount: 492

Fee Information

  • Total Annual Fees: 5904.00
  • Total Monthly Fees: 492.00

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0105139037
  • Additional Parcels: No
  • Lot Features: FloodZone, In County, Sidewalk, Paved, Private
  • Homestead YN: 0
  • Zoning Compatible YN: 1
  • Future Land Use: 0407

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Lease Restrictions YN: 1

Tax Info

  • Tax Annual Amount: 3455
  • Tax Book Number: 0011/0035
  • Tax Lot: 317

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2013
Closed on
Oct 22, 2014
Sold by
Shell 404 Llc
Bought by
Eliasen Michael and Eliasen Donna
Seller's Agent
Greg Hudson
COLDWELL BANKER REALTY
Buyer's Agent
Greg Hudson
COLDWELL BANKER REALTY
List Price
$415,000
Sold Price
$360,000
Premium/Discount to List
-$55,000
-13.25%
Current Estimated Value
$687,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,906
Avg. Annual Appreciation
6.19%
Original Mortgage
$288,000
Outstanding Balance
$227,664
Interest Rate
4.5%
Mortgage Type
Negative Amortization
Estimated Equity
$460,242

Purchase Details

Listed on
Oct 29, 2012
Closed on
Nov 16, 2012
Sold by
Francis David D and Francis Patricia Ann
Bought by
Sea Shell 404 Llc
Seller's Agent
Steve Cavanaugh
TIDELINE REAL ESTATE BROKERS
Buyer's Agent
Greg Hudson
COLDWELL BANKER REALTY
List Price
$324,900
Sold Price
$305,000
Premium/Discount to List
-$19,900
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%
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
Eliasen Michael $360,000 Sunbelt Title Agency
Sea Shell 404 Llc $305,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eliasen Michael $288,000
Previous Owner Francis David D $197,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2014 10/22/14 Sold $360,000 -5.0% $364 / Sq Ft
09/12/2014 09/12/14 Pending -- -- --
07/11/2014 07/11/14 Price Changed $379,000 -5.0% $384 / Sq Ft
12/12/2013 12/12/13 Price Changed $399,000 -3.9% $404 / Sq Ft
10/31/2013 10/31/13 For Sale $415,000 +36.1% $420 / Sq Ft
11/16/2012 11/16/12 Sold $305,000 -6.1% $309 / Sq Ft
11/02/2012 11/02/12 Pending -- -- --
10/29/2012 10/29/12 For Sale $324,900 -- $329 / 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 $6,246 $467,847 -- --
2023 $6,246 $568,300 $0 $568,300
2022 $5,481 $471,800 $0 $471,800
2021 $4,695 $351,500 $0 $351,500
2020 $4,582 $335,800 $0 $335,800
2019 $4,773 $367,000 $0 $367,000
2018 $4,184 $308,400 $0 $308,400
2017 $4,251 $308,300 $0 $308,300
2016 $4,484 $319,500 $0 $319,500
2015 $4,411 $305,500 $0 $305,500
2014 $3,728 $228,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Greg Hudson

    Seller's Agent in 2014

    Greg Hudson

    COLDWELL BANKER REALTY

    (941) 302-1485

    5 in this area

    36 Total Sales

    Section Image

  • S

    Seller's Agent in 2012

    Steve Cavanaugh

    TIDELINE REAL ESTATE BROKERS

    Section Image
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Map

Source: Stellar MLS

MLS Number: A3986960

Stellar MLS

APN: 0105-13-9037

Florida Sarasota County Sarasota 34242

5950 Midnight Pass Rd Unit 317, Sarasota, FL

This home is located at 5950 Midnight Pass Rd Unit 317, Sarasota, FL 34242 since 31 October 2013 and is currently estimated at $687,906, approximately $696 per square foot. This property was built in 1957. 5950 Midnight Pass Rd Unit 317 is a home located in Sarasota County with nearby schools including Phillippi Shores Elementary School, Brookside Middle School, and Sarasota High School.

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.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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