NOT LISTED FOR SALE

5955 Midnight Pass Rd Unit 11A Sarasota, FL 34242

Estimated Value: $605,681 - $798,000

3 Beds
2 Baths
1,277 Sq Ft
$526/Sq Ft Est. Value

Last Sold December 10, 2019

Last sale price $430,000 $337 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,599/month

83 Days on Market

Highlights

  • Boat Ramp
  • Deck
  • Ceramic Tile Flooring
  • Phillippi Shores Elementary School Rated A
  • Community Pool
  • Central Heating and Cooling System

About This Home

As of December 2019

Sea Club II is a unique condominium and cottage resort on beautiful Siesta Key, Florida. Located across from Sarasota on the Intracoastal Waterway, it's just steps away from the “World Famous, Whitest, Finest Sand” of Siesta Key Beach. Set on almost four acres of palm, oak and banyan trees, Sea Club II offers a calm, friendly and relaxed atmosphere reminiscent of Old Florida. Enjoy the sun at the swimming pool (heated during cold weather) or the shade in our picnic and Bar-B-Que area. Fish for snook, red fish or jack crevalle off our fishing pier, or rest there for a while to see how many different types of boats and birds pass by. Walk to beautiful Crescent Beach to enjoy the sun and surf or to watch the sunset over the Gulf of Mexico. Visit the many shops and restaurants in nearby Siesta Village, or take a day-trip to one of many famous Florida attractions. Sea Club II offers accommodations and rentals of condominiums and private cottages nestled under towering trees. All facilities are clean and well-maintained, are completely furnished and individually decorated in Florida style, and include fully equipped kitchens. At day’s end, the choice of dining atmosphere is yours…cook for yourself or choose from among the many local restaurants offering a full range of dining styles…. The unit is being sold "turnkey furnished". This unit makes an excellent vacation home for the owners and then they can rent it out the remainder of the year to help pay for itself and provide some profit

Last Agent to Sell the Property

Jason Capozella

CAPOZELLA REAL ESTATE License #0703135 Listed on: 08/12/2019

Last Buyer's Agent

Carolyn Reynolds

KELLER WILLIAMS TAMPA PROP. License #3229597

KELLER WILLIAMS TAMPA PROP.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,042

Year Built

  • Built in 1978

Lot Details

  • 6,500 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Property is zoned RMF3

HOA Fees

  • $599 Monthly HOA Fees

Home Design

  • Villa
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,277 Sq Ft Home
  • Ceiling Fan
  • Ceramic Tile Flooring
  • Built-In Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Boat Ramp
  • Deck

Schools

  • Riverview High School

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Beachside Association, Phone Number (941) 203-8058
  • Sea Club V (Timeshare) Community
  • Contntls Sea Club 2 P2 Subdivision
  • Rental Restrictions

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,042

Year Built

Built in 1978

Lot Details

0

HOA Fees

$599 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Villa
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 1277
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 1978
  • Lot Size Sq Ft: 6500
  • Directions to Property: Midnight pass road to sea club
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4441500?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4441500?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.90545
  • Price per Sq Ft: 336.73
  • Close to Original List Price Ratio: 0.86017
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Built-In Oven
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Street Number Modifier: 5955
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck
  • Water Extras: Boat Ramp - Private
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0143F

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Phone Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 599
  • Association Fee Frequency: Monthly
  • Association Name: beachside
  • Phone: 941-203-8058
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 7188
  • Monthly HOA Fee: 599
  • Total Monthly Fees: 599

Schools

  • High School: Riverview High

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0105132109
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 1 Week
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: vacation rental

Tax Info

  • Tax Annual Amount: 4042
  • Tax Book Number: 11-19
  • Tax Lot: 12A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2019
Closed on
Dec 10, 2019
Sold by
Peterson Justin
Bought by
Pierson Mary and Pierson Richard
Seller's Agent
Jason Capozella
CAPOZELLA REAL ESTATE
Buyer's Agent
Carolyn Reynolds
KELLER WILLIAMS TAMPA PROP.
List Price
$499,900
Sold Price
$430,000
Premium/Discount to List
-$69,900
-13.98%
Current Estimated Value
$672,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,170
Avg. Annual Appreciation
8.57%
Original Mortgage
$301,000
Outstanding Balance
$267,270
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$424,204

Purchase Details

Listed on
Mar 14, 2017
Closed on
Oct 17, 2017
Sold by
Pelersi Mark S and Pelersi Helen T
Bought by
Peterson Justin
Seller's Agent
Gregg Rappaport
PARADISE REALTY OF SARASOTA
Buyer's Agent
Jason Capozella
CAPOZELLA REAL ESTATE
List Price
$424,900
Sold Price
$370,000
Premium/Discount to List
-$54,900
-12.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%
Original Mortgage
$259,000
Interest Rate
3.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 23, 1999
Sold by
Maloy Michael K
Bought by
Pelersi Helen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.5%
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
Pierson Mary $430,000 Barnes Walker Title Inc
Peterson Justin $3,700,000 Attorney
Pelersi Helen T $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierson Mary $301,000
Previous Owner Peterson Justin $259,000
Previous Owner Pelersi Helen T $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2019 12/10/19 Sold $430,000 -9.5% $337 / Sq Ft
11/02/2019 11/02/19 Pending -- -- --
09/27/2019 09/27/19 Price Changed $474,900 -5.0% $372 / Sq Ft
08/11/2019 08/11/19 For Sale $499,900 +35.1% $391 / Sq Ft
01/27/2018 01/27/18 Off Market $370,000 -- --
10/27/2017 10/27/17 Sold $370,000 -12.9% $290 / Sq Ft
09/05/2017 09/05/17 Pending -- -- --
03/14/2017 03/14/17 For Sale $424,900 -- $333 / 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 $5,407 $447,700 -- $447,700
2023 $5,407 $445,900 $0 $445,900
2022 $5,336 $462,200 $0 $462,200
2021 $4,620 $348,300 $0 $348,300
2020 $4,284 $313,000 $0 $313,000
2019 $4,092 $301,000 $0 $301,000
2018 $4,042 $298,100 $0 $298,100
2017 $3,561 $228,985 $0 $0
2016 $3,328 $250,800 $0 $250,800
2015 $3,128 $227,300 $0 $227,300
2014 $3,039 $156,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4441500

Stellar MLS

APN: 0105-13-2109