NOT LISTED FOR SALE

Bay Oaks 6157 Midnight Pass Rd Unit E73 Sarasota, FL 34242

Estimated Value: $442,073 - $456,000

1 Bed
1 Bath
748 Sq Ft
$600/mo HOA Fee

Last Sold July 01, 2022

Last sale price $495,000 $662 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,493/month

42 Days on Market

Highlights

  • Waterfront Community
  • Access To Intracoastal Waterway
  • Tennis Courts
  • Phillippi Shores Elementary School Rated A
  • Community Pool
  • Elevator

About This Home

As of July 2022

STEPS TO SIESTA KEY BEACH ** RENOVATED, MODERN CHIC DECOR including TURNKEY FURNISHINGS ** ESTABLISHED RENTAL HISTORY with EXCELLENT CASH FLOW ** This 1 bedroom, 1 bath unit is one of the most charming residences on Siesta Key. Nestled in a private corner of building "E" in Bay Oaks, you will love the peaceful, boutique energy of this property. Wood looking vinyl floor provides low maintenance, energy efficient surface to enjoy with a light and bright kitchen including stainless appliances. Large windows provide abundant natural lighting into the home with contemporary ceiling fans and custom light fixtures. Bay Oaks is a beautiful bayside community full of large trees, casting shadows and wonderful intercoastal views from the fishing pier and dock. Owners and tenants love the community pool that is centrally located inside this delightful resort environment. In purchasing this property, you will have access to established rental history and immediate opportunities for cash flow. Owners at Bay oaks appreciate the 1 week rental minimum. This Siesta Key gem serves well as a vacation home, or cash cow that provides financial freedom for the investor savvy. Call today, priced to sell quickly.

Last Agent to Sell the Property

Justin Shirley

SHIRLEY INTERNATIONAL REALTY License #3116512 Listed on: 04/26/2022

Last Buyer's Agent

Justin Shirley

SHIRLEY INTERNATIONAL REALTY License #3116512 Listed on: 04/26/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,979

Year Built

  • Built in 1974

HOA Fees

  • $600 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 748 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Vinyl Flooring

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Access To Intracoastal Waterway
  • Fishing Pier

Additional Features

  • East Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, maintenance structure, ground maintenance, manager, pool maintenance, recreational facilities
  • Casey Management Association, Phone Number (941) 349-4433
  • Bay Oaks Estates Community
  • Bay Oaks Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,979

Year Built

Built in 1974

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 748
  • New Construction: No
  • Year Built: 1974
  • Directions to Property: Midnight Pass to Bay Oaks - located on the Bayside of the road. Enter development and bear to your right and then turn left -- unit up on your left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4533060?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4533060?w=Customer
  • Floor Number: 3
  • Homestead Y N: No
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.99198
  • Price per Sq Ft: 661.76
  • Close to Original List Price Ratio: 1.01227
  • View: No
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 4
  • Street Number Modifier: 6157
  • Room Count: 3

Exterior Features

  • Direction Faces: East
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Access: Intracoastal Waterway
  • Water Extras: Fishing Pier
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0143F

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned
  • 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: Deed Restrictions, Pool, Sidewalk, Tennis Courts, Waterfront
  • Association Fee Frequency: Quarterly
  • Association Name: Casey management
  • Phone: 941-349-4433
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 600
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 600
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 7200
  • Total Monthly Fees: 600

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0106071076
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 1 Week
  • Approval Process: Inquire with HOA
  • Num Timesper Year: 52
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Inquire with HOA

Tax Info

  • Tax Annual Amount: 2979
  • Tax Book Number: 8-30
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2023
Sold by
Fox Sarah
Bought by
Tmrw Holdings Llc
Current Estimated Value
$454,607

Purchase Details

Closed on
Nov 4, 2022
Sold by
Mava Redevelopment Llc
Bought by
Fox Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Apr 26, 2022
Closed on
Jun 30, 2022
Sold by
Rice and Jayme
Bought by
Mava Redevelopment Llc
Seller's Agent
Justin Shirley
SHIRLEY INTERNATIONAL REALTY
Buyer's Agent
Justin Shirley
SHIRLEY INTERNATIONAL REALTY
List Price
$499,000
Sold Price
$495,000
Premium/Discount to List
-$4,000
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.67%

Purchase Details

Listed on
May 25, 2018
Closed on
Jul 10, 2018
Sold by
Gariea Marlen and Murray James T
Bought by
Rice Christoper and Palazola Jayme
Seller's Agent
Lois Seropian
COLDWELL BANKER REALTY
Buyer's Agent
Lauren Lambert
SHIRLEY INTERNATIONAL REALTY
List Price
$259,900
Sold Price
$252,000
Premium/Discount to List
-$7,900
-3.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.54%
Original Mortgage
$201,600
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2011
Sold by
Boodell Paul
Bought by
Garcia Marlen and Murray James T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2009
Sold by
Bank Of New York
Bought by
Boodell Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,387
Interest Rate
5.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2008
Sold by
Brester J Patrick and Brester Jamie
Bought by
Bank Of New York

Purchase Details

Closed on
Aug 11, 2006
Sold by
Demos Virginia W Stephens and Stephens Virginia W
Bought by
Brester J Patrick and Brester Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,720
Interest Rate
8.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 30, 1999
Sold by
Roth Lee
Bought by
Demos Virginia W Stephens

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,600
Interest Rate
7.89%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tmrw Holdings Llc $100 --
Fox Sarah $495,000 --
Mava Redevelopment Llc $495,000 Gates Chad L
Rice Christoper $252,000 Attorney
Garcia Marlen $188,800 Alliance Group Title Llc
Boodell Paul $140,600 Landsafe Ttile
Bank Of New York $180,000 None Available
Brester J Patrick $288,400 Fidelity Natl Title Ins Co
Demos Virginia W Stephens $84,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fox Sarah $396,000
Previous Owner Rice Christoper $201,600
Previous Owner Garcia Marlen $138,750
Previous Owner Boodell Paul $98,387
Previous Owner Brester J Patrick $230,720
Previous Owner Demos Virginia W Stephens $67,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Sold $495,000 -0.8% $662 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
05/31/2022 05/31/22 Price Changed $499,000 0.0% $667 / Sq Ft
05/31/2022 05/31/22 For Sale $499,000 +2.0% $667 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $489,000 +94.0% $654 / Sq Ft
07/13/2018 07/13/18 Sold $252,000 -3.0% $337 / Sq Ft
06/06/2018 06/06/18 Pending -- -- --
05/25/2018 05/25/18 For Sale $259,900 -- $347 / 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 $4,581 $367,500 -- $367,500
2023 $4,581 $360,800 $0 $360,800
2022 $3,751 $329,700 $0 $329,700
2021 $2,979 $214,500 $0 $214,500
2020 $2,895 $204,200 $0 $204,200
2019 $2,822 $201,500 $0 $201,500
2018 $2,432 $175,100 $0 $175,100
2017 $2,363 $151,855 $0 $0
2016 $2,093 $138,500 $0 $138,500
2015 $1,972 $125,500 $0 $125,500
2014 $2,065 $119,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Justin Shirley

    Seller's Agent in 2022

    Justin Shirley

    SHIRLEY INTERNATIONAL REALTY

    (941) 448-4872

    9 in this area

    66 Total Sales

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  • Lois Seropian

    Seller's Agent in 2018

    Lois Seropian

    COLDWELL BANKER REALTY

    (941) 356-4195

    7 in this area

    36 Total Sales

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  • Bill Riley

    Seller Co-Listing Agent in 2018

    Bill Riley

    COLDWELL BANKER REALTY

    (941) 232-8941

    7 in this area

    27 Total Sales

    Section Image

  • L

    Buyer's Agent in 2018

    Lauren Lambert

    SHIRLEY INTERNATIONAL REALTY

    (941) 448-4872

    1 Total Sale

    Section Image
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About Bay Oaks

Map

Source: Stellar MLS

MLS Number: A4533060

Stellar MLS

APN: 0106-07-1076

Florida Sarasota County Sarasota 34242

6157 Midnight Pass Rd Unit E73, Sarasota, FL

This home is located at 6157 Midnight Pass Rd Unit E73, Sarasota, FL 34242 since 26 April 2022 and is currently estimated at $451,018, approximately $602 per square foot. This property was built in 1974. 6157 Midnight Pass Rd Unit E73 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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