NOT LISTED FOR SALE

Bay Oaks 6157 Midnight Pass Rd Unit F21 Sarasota, FL 34242

Estimated Value: $401,040 - $460,000

2 Beds
2 Baths
690 Sq Ft
$600/mo HOA Fee

Last Sold April 14, 2022

Last sale price $445,000 $645 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,408/month

116 Days on Market

Highlights

  • 4.25 Acre Lot
  • Open Floorplan
  • Walk-In Closet
  • Phillippi Shores Elementary School Rated A
  • Community Pool
  • Tile Flooring

About This Home

As of April 2022

Siesta Key condo back on the market and priced to sell. Turn-key furnished 1st floor, 2 bedroom, with 7 day minimum rentals permitted.

This is a turn-Key Furnished 2 bedroom 2 bath 1st floor condo on Siesta Key with GREAT income potential that could be used as an investment property, a full-time residence, or a weekend get-a-way. There is much potential and so much to be appreciated in this open floor plan with granite counter tops with the matching granite island for the modern touch. This condos offers matching silver appliances as well as modern design cabinetry to top off the eloquent but simple design. The master bedroom is full size and even with furnishings there still is plenty of space. The second bedroom offers a large walk-in closet. There is a large screened in covered lanai off the living that room looks out to a garden view with mature landscaping and Oak Trees and has a 6X6 Storage Room. The community has a large heated pool, laundry facility, fitness center, recreation facility, tennis courts, pickle ball court. The fishing pier on the waterway allows you to watch the boats go by and Siesta Crescent Beach is a short bike ride or walk away. The condo has its own carport with plenty of visitor parking. The Siesta Key Trolley departs from the complex that will allow for enjoying the Island Life of Siesta Key with many restaurants and shops. If you prefer you can take the trolley south for a slower quieter time at Turtle Beach Park. Bay Oaks is a great investment/rental opportunity to own a part of Siesta Key. The location is .4 miles from the South Bridge for easy getting off and on Siesta Key

Last Agent to Sell the Property

Brian Wacnik

COLDWELL BANKER SARASOTA CENT. License #3416801 Listed on: 11/20/2021

COLDWELL BANKER SARASOTA CENT.

Co-Listed By

Kristi Montgomery

COLDWELL BANKER REALTY License #3429770

Last Buyer's Agent

Mario Petitti

WHITE SANDS REALTY GROUP FL License #3448117

WHITE SANDS REALTY GROUP FL

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,934

Year Built

  • Built in 1974

Lot Details

  • Northwest Facing Home

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • 690 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Tile Flooring

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include ground maintenance
  • Casey Management Bob Mcdonald Association, Phone Number (941) 349-4433
  • Bay Oaks Estates Community
  • Bay Oaks Subdivision
  • Rental Restrictions

Recreation

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,934

Year Built

Built in 1974

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • HOA Fee Includes: Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 690
  • Lot Size Acres: 4.25
  • New Construction: No
  • Year Built: 1974
  • Lot Size Sq Ft: 185339
  • Directions to Property: From Stickney Point Bridge go north on Midnight Pass Rd. Bay Oaks will be on the east side. As you drive in it will be the bldg. straight ahead. Unit is lower right corner of the bldg
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4518127?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4518127?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.99561
  • Price per Sq Ft: 644.93
  • Close to Original List Price Ratio: 0.98891
  • View: No
  • Co List Office Mls Id: 284509352
  • Co List Office Phone: 941-923-5835
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Master Bedroom Main Floor, Open Floorplan, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 6157
  • Room Count: 5

Exterior Features

  • Direction Faces: Northwest
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: None
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 1800
  • Association Fee Frequency: Quarterly
  • Association Name: Casey Management -Bob McDonald
  • Phone: 941-349-4433
  • Association: Yes
  • Senior Community: No
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0106071091
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 1 Week
  • Approval Process: Speak with property management
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Verify with property management

Tax Info

  • Tax Annual Amount: 2933.57
  • Tax Book Number: 8-30
  • Tax Lot: F21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2021
Closed on
Apr 14, 2022
Sold by
Martelli and Evangelina
Bought by
Sy Family Trust
Seller's Agent
Brian Wacnik
COLDWELL BANKER SARASOTA CENT.
Buyer's Agent
Mario Petitti
WHITE SANDS REALTY GROUP FL
List Price
$446,960
Sold Price
$445,000
Premium/Discount to List
-$1,960
-0.44%
Total Days on Market
116
Current Estimated Value
$438,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,527
Avg. Annual Appreciation
-0.16%
Original Mortgage
$311,500
Outstanding Balance
$263,718
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$178,977

Purchase Details

Closed on
May 17, 2005
Sold by
Butler Bradford T and Butler Midge
Bought by
Martelli Joseph and Vives Evangelina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2003
Sold by
Bowman Thomas C and Ashodian Robert J
Bought by
Butler Bradford T and Butler Midge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2003
Sold by
Bowman Thomas C
Bought by
Butler Bradford T and Butler Midge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2002
Sold by
Wallack Renita
Bought by
Ashodian Edward

Purchase Details

Closed on
Mar 6, 1998
Sold by
Parrish Richard G and Parrish Nancy Z
Bought by
Wallack Renita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,500
Interest Rate
6.95%
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
Sy Family Trust $445,000 Williams Parker
Martelli Joseph $329,000 Riddelltitle & Escrow Llc
Butler Bradford T $183,000 --
Butler Bradford T -- --
Butler Bradord T -- --
Ashodian Edward $165,000 --
Wallack Renita $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sy Family Trust $311,500
Previous Owner Martelli Joseph $123,000
Previous Owner Butler Bradford T $80,000
Previous Owner Butler Bradord T $80,000
Previous Owner Wallack Renita $56,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2022 04/14/22 Sold $445,000 -0.4% $645 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
03/15/2022 03/15/22 Price Changed $446,960 0.0% $648 / Sq Ft
03/15/2022 03/15/22 For Sale $446,960 +5.2% $648 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
03/06/2022 03/06/22 For Sale -- -- --
01/17/2022 01/17/22 Pending -- -- --
01/15/2022 01/15/22 Price Changed $424,980 -5.6% $616 / Sq Ft
12/01/2021 12/01/21 For Sale $449,990 0.0% $652 / Sq Ft
11/27/2021 11/27/21 Pending -- -- --
11/20/2021 11/20/21 For Sale $449,990 -- $652 / 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 $4,641 $356,600 -- $356,600
2023 $4,641 $366,800 $0 $366,800
2022 $3,711 $326,900 $0 $326,900
2021 $2,934 $210,800 $0 $210,800
2020 $2,873 $202,500 $0 $202,500
2019 $2,870 $211,500 $0 $211,500
2018 $2,705 $204,300 $0 $204,300
2017 $2,541 $163,240 $0 $0
2016 $2,158 $148,400 $0 $148,400
2015 $2,019 $134,000 $0 $134,000
2014 $2,061 $124,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4518127

Stellar MLS

APN: 0106-07-1091