NOT LISTED FOR SALE

5964 Midnight Pass Rd Unit N-16 Sarasota, FL 34242

Estimated Value: $726,876

2 Beds
2 Baths
1,043 Sq Ft
$628/mo HOA Fee

Last Sold July 26, 2013

Last sale price $390,000 $374 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $5,054/month

8 Days on Market

Highlights

  • Deck
  • Furnished
  • Covered Patio or Porch
  • Phillippi Shores Elementary School Rated A
  • Community Pool
  • Guest Parking

About This Home

As of July 2013

Gulf side condo 2 Bedroom 2 Bath unit in the highly desirable Palm Bay complex, Great rental unit. 2 Pools one on the gulf one on the bay. Tennis courts. Unit #141 in mid-rise gulf side on right. TKF

Last Agent to Sell the Property

Tom Ward

WATERSIDE REALTY LLC License #0644199 Listed on: 06/19/2013

Last Buyer's Agent

marie miante

ALLEN REAL ESTATE SERVICES INC License #3092737

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,727

Year Built

  • Built in 1975

Lot Details

  • Zero Lot Line

HOA Fees

  • $628 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,043 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Carpet

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Carport Space
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heating Available
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, maintenance structure, ground maintenance, manager, private road, recreational facilities, security
  • Palm Bay Club Community
  • Palm Bay Club III Subdivision

Recreation

  • Community Pool
  • Tennis Courts

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,727

Year Built

Built in 1975

Lot Details

0

HOA Fees

$628 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Manager, Private Road, Recreational Facilities, Security
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1043
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 1134
  • Directions to Property: FROM STICKNEY POINT BRIDGE NORTH A SHORT DISTANCE TO PALM BAY ON THE GULFSIDE.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3980028&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3980028&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 7145
  • Ratio: Close Price\List Price: 0.95122
  • Price per Sq Ft: 373.92
  • Close to Original List Price Ratio: 0.95122
  • Ratio: Current Price\Building Area Total: 343.92
  • View: No
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Street Number Modifier: 5964
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Tennis Court(s)
  • Exterior Features: Tennis Court(s)
  • Roof: Other
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Public, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Electric
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 1883
  • Condo Fees Term: Quarterly
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 7532
  • Total Monthly Fees: 627.67

Lot Info

  • Parcel Number: 0105136220
  • Additional Parcels: No
  • Lot Features: Zero Lot Line
  • Millage Rate: 13.4
  • Future Land Use: 3904
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 1-7 Days
  • Expected Lease Date: 2013-07-26T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 4727
  • Tax Book Number: 0005/0003
  • Tax Lot: N-22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2024
Sold by
Suraci James and Suraci Zaida
Bought by
Pbc141 Llc
Current Estimated Value
$726,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$387,680
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$339,196

Purchase Details

Listed on
Jun 19, 2013
Closed on
Jul 26, 2013
Sold by
Zelson Investments Lp
Bought by
Suraci James and Suraci Zaida
Seller's Agent
Tom Ward
WATERSIDE REALTY LLC
Buyer's Agent
marie miante
ALLEN REAL ESTATE SERVICES INC
List Price
$410,000
Sold Price
$390,000
Premium/Discount to List
-$20,000
-4.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.22%

Purchase Details

Closed on
Jan 16, 2004
Sold by
Zelson Joseph A
Bought by
Zelson Inv L P

Purchase Details

Closed on
Jan 16, 2003
Sold by
Zelson Joseph A
Bought by
Zelson Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 25, 1999
Sold by
Zelson Joseph A and Zelson Gloria
Bought by
Zelson Joseph A and Zelson Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 19, 1999
Sold by
Zelson Joseph A
Bought by
Zelson Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 2, 1997
Sold by
Kane Donne F and Kane Judith L
Bought by
Zelson Joseph A and Zelson Gloria
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
Pbc141 Llc $795,000 None Listed On Document
Suraci James $390,000 Attorney
Zelson Inv L P $70,700 --
Zelson Joseph A -- --
Zelson Joseph A -- --
Zelson Joseph A -- --
Zelson Joseph A $172,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pbc141 Llc $400,000
Previous Owner Zelson Joseph A $310,000
Previous Owner Zelson Joseph A $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2013 07/26/13 Sold $390,000 -4.9% $374 / Sq Ft
06/28/2013 06/28/13 Pending -- -- --
06/19/2013 06/19/13 For Sale $410,000 -- $393 / 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 $7,012 $570,200 -- --
2023 $7,012 $599,300 $0 $599,300
2022 $6,094 $486,600 $0 $486,600
2021 $5,653 $428,400 $0 $428,400
2020 $5,814 $433,000 $0 $433,000
2019 $5,834 $442,000 $0 $442,000
2018 $5,280 $395,000 $0 $395,000
2017 $5,114 $375,000 $0 $375,000
2016 $4,890 $354,000 $0 $354,000
2015 $4,736 $344,000 $0 $344,000
2014 $4,692 $322,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3980028

Stellar MLS

APN: 0105-13-6220