NOT LISTED FOR SALE

Island House 6150 Midnight Pass Rd Unit 15 Sarasota, FL 34242

Estimated Value: $619,431 - $768,000

2 Beds
2 Baths
939 Sq Ft
$800/mo HOA Fee

Last Sold November 02, 2021

Last sale price $695,000 $740 Per Sq Ft

Current estimated payment $5,075/month

1 Day on Market

Highlights

  • 200 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Clubhouse
  • Phillippi Shores Elementary School Rated A
  • Heated In Ground Pool
  • Property is near public transit

About This Home

As of November 2021

Great investment opportunity! Weekly rentals! On Siesta Key's world-famous white sand beach with beach chairs and two beach cabanas. Heated pool, gas grills, shuffleboard and clubhouse. This villa offers 2 bedrooms with 2 baths, kitchen with granite and an eating bar. Tile flooring and impact windows! Screened lanai! Covered parking and storage area. Short terms rentals and onsite rental office with low management fees. Ride the trolley to Siesta Key Village and enjoy dining, shopping and entertainment.

Last Agent to Sell the Property

Marlene Marshall

MICHAEL SAUNDERS & COMPANY License #3113521 Listed on: 09/17/2021

MICHAEL SAUNDERS & COMPANY

Co-Listed By

George Marshall

MICHAEL SAUNDERS & COMPANY License #3033598

Last Buyer's Agent

Marlene Marshall

MICHAEL SAUNDERS & COMPANY License #3113521 Listed on: 09/17/2021

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,454

Year Built

  • Built in 1967

Lot Details

  • 200 Feet of Waterfront
  • Property fronts gulf or ocean
  • North Facing Home

HOA Fees

  • $800 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 939 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Ceramic Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Carport Space
  • Guest Parking

Pool

  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Water access To Gulf or Ocean
  • Screened Patio

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Central Heating and Cooling System
  • 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, pest control, recreational facilities, sewer, water
  • Island House Beach Resort Association, Phone Number (941) 349-6101
  • Visit Association Website
  • Island House Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to no truck, recreational vehicles, or motorcycle parking, vehicle restrictions
  • Rental Restrictions

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Recreation Facilities
  • Shuffleboard Court

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,454

Year Built

Built in 1967

Lot Details

0

HOA Fees

$800 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Recreational Facilities, Sewer, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 939
  • New Construction: No
  • Year Built: 1967
  • Building Area Total: 1363
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4511680?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4511680?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Unit Number Y N: No
  • Call Center Phone Number: 9413087777
  • Ratio: Close Price\List Price: 0.99286
  • Price per Sq Ft: 740.15
  • Close to Original List Price Ratio: 0.99286
  • Ratio: Current Price\Building Area Total: 509.9
  • View: No
  • Co List Office Mls Id: 281502395
  • Co List Office Phone: 941-349-3444
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Solid Surface Counters
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Room Count: 6

Exterior Features

  • Direction Faces: North
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Sliding Doors
  • Roof: Other
  • Pool Private: No
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Screened
  • Road Surface Type: Paved
  • Water Access: Gulf/Ocean
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 200
  • Water Frontage Feet Gulf Ocean: 200
  • Disclosures: Condominium Disclosure Available, Lead Paint

Garage/Parking

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

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, No Truck/RV/Motorcycle Parking, Pool, Water Access, Waterfront
  • Association Amenities: Cable TV, Clubhouse, Laundry, Pool, Recreation Facilities, Shuffleboard Court, Vehicle Restrictions
  • Association Name: Island House Beach Resort
  • Phone: 941-349-6101
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 800
  • Condo Fees Term: Monthly
  • Association Website: islandhousebeachresort.com
  • Association Email: islandhousebeachresort@gmail.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 800
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 9600
  • Total Monthly Fees: 800

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0106032015
  • Additional Parcels: No
  • Lot Features: FloodZone, Near Public Transit
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 1 Week
  • Approval Process: see Condo Docs
  • Num Timesper Year: 52
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: see Condo Docs

Tax Info

  • Tax Annual Amount: 5454
  • Tax Book Number: 1-49
  • Tax Lot: 2

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Nov 2, 2021
Sold by
Rsj Capital Llc
Bought by
Ihv15 Llc
Seller's Agent
Marlene Marshall
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Marlene Marshall
MICHAEL SAUNDERS & COMPANY
List Price
$700,000
Sold Price
$695,000
Premium/Discount to List
-$5,000
-0.71%
Current Estimated Value
$696,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,358
Avg. Annual Appreciation
0.05%
Original Mortgage
$552,000
Outstanding Balance
$427,381
Interest Rate
2.15%
Mortgage Type
New Conventional
Estimated Equity
$268,977

Purchase Details

Closed on
Jul 26, 2019
Sold by
Rsj Capital Llc
Bought by
Rsj Capital Llc

Purchase Details

Closed on
Jul 14, 2016
Sold by
Gunning Michael K and Gunning Kyle Janice
Bought by
Rsj Capital Llc

Purchase Details

Closed on
Aug 26, 2013
Sold by
Gunning Michael K and Gunning Kyle Janice
Bought by
Gunning Michael K and Kyle Revoca R R

Purchase Details

Closed on
Jul 15, 2005
Sold by
Pitrone Jeanine M
Bought by
Gunning Michael K and Gunning Kyle Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,100
Interest Rate
5.59%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Ihv15 Llc $695,000 Attorney
Rsj Capital Llc $1,314,100 Attorney
Rsj Capital Llc $485,000 None Available
Gunning Michael K -- None Available
Gunning Michael K $799,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ihv15 Llc $552,000
Previous Owner Gunning Michael K $325,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2021 11/02/21 Sold $695,000 -0.7% $740 / Sq Ft
09/18/2021 09/18/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $700,000 -- $745 / 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 $7,557 $538,100 -- $538,100
2023 $7,557 $623,700 $0 $623,700
2022 $6,873 $553,400 $0 $553,400
2021 $5,456 $416,500 $0 $416,500
2020 $5,454 $408,100 $0 $408,100
2019 $5,292 $398,900 $0 $398,900
2018 $5,466 $413,700 $0 $413,700
2017 $5,509 $409,900 $0 $409,900
2016 $4,899 $391,700 $0 $391,700
2015 $4,000 $278,000 $0 $278,000
2014 $4,390 $302,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4511680

Stellar MLS

APN: 0106-03-2015