NOT LISTED FOR SALE

5968 Midnight Pass Rd Unit 158 Sarasota, FL 34242

Estimated Value: $999,191

2 Beds
2 Baths
1,134 Sq Ft
$719/mo HOA Fee

Last Sold February 24, 2017

Last sale price $525,000 $463 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $6,912/month

1 Day on Market

Highlights

  • 500 Feet of Public Beach Waterfront
  • Boat Dock
  • Private Beach
  • Phillippi Shores Elementary School Rated A
  • Water access To Gulf or Ocean
  • Fitness Center

About This Home

As of February 2017

Listing/Sales Data Only!

Last Agent to Sell the Property

Rudy Dudon

MICHAEL SAUNDERS & COMPANY License #3099658 Listed on: 02/23/2017

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Rudy Dudon

MICHAEL SAUNDERS & COMPANY License #3099658 Listed on: 02/23/2017

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,890

Year Built

  • Built in 1975

Lot Details

  • 500 Feet of Public Beach Waterfront
  • Private Beach
  • North Facing Home
  • Mature Landscaping

HOA Fees

  • $719 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,134 Sq Ft Home
  • 3-Story Property
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Ceramic Tile Flooring

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Covered Parking
  • Open Parking

Pool

  • In Ground Pool
  • Heated Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • First Come-First Served Dock
  • Open Dock
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot S22
  • Assessor Parcel Number 0105136248

Community Details

Overview

  • Association fees include cable TV, pool, insurance, internet, maintenance structure, management, pest control, recreational facilities, security, trash
  • Palm Bay Club Community
  • Palm Bay Club Iii Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock
  • Community Boat Slip
  • Fitness Center
  • Community Pool
  • Fishing

Pet Policy

  • No Pets Allowed

Additional Features

  • Laundry Facilities
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,890

Year Built

Built in 1975

Lot Details

0

HOA Fees

$719 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Insurance, Internet, Maintenance Structure, Management, Pest Control, Recreational Facilities, Security, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1134
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 1134
  • Directions to Property: Stickney Point Rd to north on Midnight Pass Rd to west into Palm Bay Club, just south of Public Beach.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 2
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 462.96
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Tax Year: 2016
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Elevator, Kitchen/Family Room Combo, Solid Surface Counters, Window Treatments
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave Hood, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 3
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 5968
  • ResoLivingAreaSource: PublicRecords
  • Room Count: 4

Exterior Features

  • Direction Faces: North
  • Pool Features: In Ground
  • Exterior Features: Sliding Doors, Balcony
  • Roof: Membrane
  • Home Warranty: No
  • Pool Private: No
  • Water Body Name: GULF OF MEXICO/SARASOTA BAY
  • Waterfront: Yes
  • Water Access: Beach - Access Deeded,Beach - Private,Gulf/Ocean,Gulf/Ocean to Bay
  • Water Extras: Dock - Open,Dock - Slip 1st Come
  • Water Extras YN: 1
  • Water View YN: 0
  • Waterfront Feet Total: 500
  • Flood Zone Date: 2016-11-04T00:00:00.000
  • Flood Zone Panel: 12115C0143F
  • Water Frontage Feet Beach Pub: 500

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Cable Connected, Public
  • Cooling: Central Air
  • Heating: Central

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fishing, Fitness Center, Pool, Water Access, Waterfront Complex
  • Association Amenities: Boat Slip, Dock, Fitness Center, Laundry, Maintenance, Security
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Senior Community: No
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Building Name Number: 5968
  • Condo Fees: 2158
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 719

Lot Info

  • Parcel Number: 0105136248
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0

Rental Info

  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please see Association Documents for Restrictions/Guidelines

Tax Info

  • Tax Annual Amount: 4890
  • Tax Book Number: 5-3
  • Tax Lot: S22

Multi Family

  • Waterfront Features: Beach - Public
  • Approval Process: Please see Association Documents for Restrictions/Guidelines

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2017
Closed on
Feb 24, 2017
Sold by
Ratliff Darrell R and Ratliff Nancy W
Bought by
Alden Richard E
Seller's Agent
Rudy Dudon
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Rudy Dudon
MICHAEL SAUNDERS & COMPANY
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%
Total Days on Market
1
Current Estimated Value
$999,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$474,191
Avg. Annual Appreciation
8.14%
Original Mortgage
$367,500
Outstanding Balance
$309,018
Interest Rate
4.25%
Mortgage Type
Commercial
Estimated Equity
$694,765

Purchase Details

Closed on
Sep 19, 1997
Sold by
Lefken Edward B and Lefken Esther E
Bought by
Ratliff Darrell R and Ratliff Nancy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
7.46%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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
Alden Richard E $525,000 None Available
Ratliff Darrell R $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alden Richard E $367,500
Previous Owner Ratliff Darrell R $96,000
Previous Owner Ratliff Darrell R $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Off Market $525,000 -- --
02/24/2017 02/24/17 Sold $525,000 -4.5% $463 / Sq Ft
02/24/2017 02/24/17 Pending -- -- --
02/23/2017 02/23/17 For Sale $550,000 -- $485 / 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

  • Rudy Dudon

    Seller's Agent in 2017

    Rudy Dudon

    Michael Saunders

    (941) 234-3991

    139 in this area

    216 Total Sales

    Rudy Dudon
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4178507

Stellar MLS

APN: 0105-13-6248

Florida Sarasota County Sarasota 34242

5968 Midnight Pass Rd Unit 158, Sarasota, FL

This home is located at 5968 Midnight Pass Rd Unit 158, Sarasota, FL 34242 since 23 February 2017 and is currently estimated at $999,191, approximately $881 per square foot. This property was built in 1975. 5968 Midnight Pass Rd Unit 158 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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