NOT LISTED FOR SALE

Island House 6150 Midnight Pass Rd Unit 5 Sarasota, FL 34242

Estimated Value: $687,165 - $834,000

2 Beds
2 Baths
1,101 Sq Ft
$900/mo HOA Fee

Last Sold June 21, 2024

Last sale price $799,500 $726 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $5,385/month

214 Days on Market

Highlights

  • Water access To Gulf or Ocean
  • Heated In Ground Pool
  • Stone Countertops
  • Phillippi Shores Elementary School Rated A
  • Open Floorplan
  • Shuffleboard Court

About This Home

As of June 2024

Your dream beachside villa is here. Smartly Appointed with updated bathrooms and kitchen. Plank solid surface flooring! Custom Shower in Master Bathroom.
Turnkey Furnished! Carport. Weekly Rental can provide income for the owner. On-Site Manager. Island House is a superbly maintained complex featuring 2 beach cabanas, a beach rinsing station, beach chairs, a large heated swimming pool , shuffleboard with a view, a game room, 2 gas grills available to all and a beachfront courtyard where you will experience the most amazing sunsets.

Ride the free trolley to Siesta Key Village for dining, shopping, and entertainment.

Last Agent to Sell the Property

Linda Stowe

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-349-3444 License #3142559 Listed on: 10/13/2023

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Toni Zarghami

KW COASTAL LIVING III License #3283821

KW COASTAL LIVING III

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,839

Year Built

  • Built in 1967

Lot Details

  • South Facing Home

HOA Fees

  • $900 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,101 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Combination Dining and Living Room
  • Tile Flooring
  • Thermal Attic Fan
  • Laundry Located Outside

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Pool

  • Heated In Ground Pool
  • Outside Bathroom Access
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Deeded access to the beach

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, maintenance structure, management, pest control, pool, water
  • Island House Community
  • Island House Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Shuffleboard Court

Pet Policy

  • No Pets Allowed

Additional Features

  • Laundry Facilities
  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,839

Year Built

Built in 1967

Lot Details

0

HOA Fees

$900 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Maintenance Structure, Management, Pest Control, Pool, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1101
  • New Construction: No
  • Year Built: 1967
  • Building Area Total: 1507
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Escrow State: FL
  • Floor Number: 1
  • Minimum Lease: 1 Week
  • RATIO Current Price By Calculate: 726.16
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • MFR_CommunityAssociationWaterFeatures: Water Access,Waterfront
  • Attribution Contact: 941-349-3444
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Stone Counters, Thermostat, Thermostat Attic Fan, Window Treatments
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Impact Glass/Storm Windows, Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 102.29

Exterior Features

  • Direction Faces: South
  • Pool Features: Heated, In Ground, Lighting, Outside Bath Access
  • Exterior Features: Other
  • Roof: Other
  • Pool Private: No
  • Water Body Name: GULF OF MEXICO
  • Waterfront: No
  • Road Surface Type: Concrete
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure
  • Water Access: Beach - Access Deeded,Gulf/Ocean
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Street Lights, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Pool
  • Association Amenities: Cable TV, Laundry, Pool, Shuffleboard Court
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Condo Fees: 900
  • Condo Land Included YN: 0
  • Monthly Condo Fee Amount: 900

Fee Information

  • Total Annual Fees: 10800.00
  • Total Monthly Fees: 900.00

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0106032005
  • Additional Parcels: No
  • Property Attached Yn: No
  • Flood Zone Code: AE

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See Association
  • Month To Month Or Weekly YN: 1

Tax Info

  • Tax Annual Amount: 6838.73
  • Tax Book Number: 1-49
  • Tax Lot: 0

Multi Family

  • Approval Process: See Association

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Jun 20, 2024
Sold by
Rsj Capital Llc
Bought by
Glynn Jeri K and Glynn Jeffrey E
Seller's Agent
Linda Stowe
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Toni Zarghami
KW COASTAL LIVING III
List Price
$850,000
Sold Price
$799,500
Premium/Discount to List
-$50,500
-5.94%
Views
103
Current Estimated Value
$737,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$62,209
Avg. Annual Appreciation
-5.82%

Purchase Details

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

Purchase Details

Closed on
Apr 10, 2012
Sold by
Koenig Richard D
Bought by
Rsj Capital Llc

Purchase Details

Closed on
Jan 27, 2012
Sold by
Waugh Allan Bruce
Bought by
Koenig Richard D

Purchase Details

Closed on
Jan 18, 2005
Sold by
Reich Herman A and Reich Ann
Bought by
Waugh Allan Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,000
Interest Rate
7%
Mortgage Type
Negative Amortization
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
Glynn Jeri K $799,500 None Listed On Document
Rsj Capital Llc $1,314,100 Attorney
Rsj Capital Llc $14,682 Attorney
Koenig Richard D $345,000 Attorney
Waugh Allan Bruce $745,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Waugh Allan Bruce $596,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2024 06/21/24 Sold $799,500 0.0% $726 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
02/17/2024 02/17/24 Off Market $799,500 -- --
10/13/2023 10/13/23 For Sale $850,000 -- $772 / 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 $7,509 $602,038 -- --
2023 $7,509 $667,400 $0 $667,400
2022 $6,839 $594,500 $0 $594,500
2021 $5,973 $462,800 $0 $462,800
2020 $5,503 $411,200 $0 $411,200
2019 $5,306 $399,200 $0 $399,200
2018 $5,445 $411,200 $0 $411,200
2017 $5,500 $408,400 $0 $408,400
2016 $5,563 $411,400 $0 $411,400
2015 $5,122 $361,600 $0 $361,600
2014 $5,423 $330,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4585881

Stellar MLS

APN: 0106-03-2005