NOT LISTED FOR SALE

6342 Midnight Pass Rd Unit 232 Sarasota, FL 34242

Estimated Value: $1,177,000 - $1,246,000

2 Beds
2 Baths
852 Sq Ft
$695/mo HOA Fee

Last Sold November 30, 2017

Last sale price $730,000 $857 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $7,941/month

128 Days on Market

Highlights

  • 400 Feet of Waterfront
  • Heated In Ground Pool
  • Gated Community
  • Phillippi Shores Elementary School Rated A
  • Partial Gulf or Ocean Views
  • Open Floorplan

About This Home

As of November 2017

WOW what a view. Don't miss this beautiful Gulf side unit in one of the top complexes on Siesta Key and situated on the number 1 beach in the USA. This 3rd floor unit has 2 bedrooms 2 baths and overlooks the gulf side pool and Gulf of Mexico. It is equipped with a washer dryer in the unit. This unit was upgraded several years ago, tiled floors thru out the unit. Open balcony to take in that oceanfront air or sit and watch the stars. Weekly rentals allowed in the complex. This unit is currently managed by the association. Midnight Cove is One of only a few complexes on Siesta Key that allows two large dogs for owners.

Last Agent to Sell the Property

Tom Ward

WATERSIDE REALTY LLC Brokerage Phone: 941-346-7454 License #0644199 Listed on: 06/16/2017

Last Buyer's Agent

Brian Livesey

WATERSIDE REALTY LLC License #0630373

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,051

Year Built

  • Built in 1977

Lot Details

  • 400 Feet of Waterfront
  • 200 Feet of Ocean or Gulf Waterfront
  • 200 Feet of Public Beach Waterfront
  • One Way Street
  • East Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees

HOA Fees

  • $695 Monthly HOA Fees

Property Views

  • Partial Bay or Harbor
  • Pool

Home Design

  • Entry on the 2nd floor
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 852 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Rods
  • Sliding Doors
  • Family Room Off Kitchen
  • Storage Room
  • Ceramic Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Secured Garage or Parking
  • Guest Parking
  • Assigned Parking

Pool

Outdoor Features

  • Water Access
  • Deeded access to the beach
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Storage
  • Porch

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
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 232 / 2
  • Assessor Parcel Number 0108014012

Community Details

Overview

  • Association fees include pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, management, pest control, private road, recreational facilities
  • Midnight Cove Assoc 941 349 3004 Association
  • Midnight Cove Ph 1 & 2 Community
  • Midnight Cove Ph 1 & 2 Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Community Storage Space

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Pool

Pet Policy

  • Pets up to 100 lbs
  • 2 Pets Allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,051

Year Built

Built in 1977

Lot Details

0

HOA Fees

$695 per month

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Private Road, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 852
  • New Construction: No
  • Year Built: 1977
  • Building Area Total: 1014
  • Directions to Property: take Stickney Point onto Siesta Key, to north on midnight pass unit is on beach side, office is on right bayside, get key at office
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 2
  • List Office Head Office Key Nume: 1046883
  • Minimum Lease: 1 Week
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 856.81
  • Total Acreage: Non-Applicable
  • Water Access YN: 1
  • Property Description: End Unit,Elevated
  • Attribution Contact: 941-346-7454
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 3
  • Window Features: Rods, Window Treatments
  • Street Number Modifier: 6342
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Storage Rooms
  • Living Area Meters: 79.15
  • Room Count: 5

Exterior Features

  • Direction Faces: East
  • Other Structures: Storage, Tennis Court(s)
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Sliding Doors, Balcony, Irrigation System, Lighting, Storage, Tennis Court(s)
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: Yes
  • View: Pool, Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch
  • Disclosures: Condominium Disclosure Available, Lead Paint
  • Water Access: Beach - Access Deeded
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 400
  • Water Frontage Feet Gulf Ocean: 200
  • Water Frontage Feet Beach Pub: 200

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Assigned, Covered, Guest, Secured

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Fire Hydrant, Street Lights
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated, Pool, Tennis Courts, Water Access, Waterfront Complex
  • Association Amenities: Gated, Recreation Facilities, Security, Storage, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association Name: Midnight Cove Assoc 941-349-3004
  • Association: Yes
  • Security: Gated Community, Secured Garage / Parking, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 1
  • Pet Restrictions: 2 large dogs allowed
  • Association Fee Requirement: Required
  • Building Name Number: 232
  • Condo Fees: 695
  • Condo Land Included YN: 1
  • Max Pet Weight: 100
  • Montly Maint Amt Addition To HOA: 0
  • Pet Size: Large (61-100 Lbs.)

Fee Information

  • Total Annual Fees: 695.00
  • Total Monthly Fees: 57.92

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0108014012
  • Additional Parcels: No
  • Lot Features: FloodZone, Near Public Transit, Street One Way, Paved, Private
  • Flood Zone Code: v
  • Homestead YN: 0
  • Zoning Compatible YN: 1

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: 1 week minimum lease

Tax Info

  • Tax Annual Amount: 8051
  • Tax Block: 2
  • Tax Book Number: 0011/0008
  • Tax Lot: 232

Multi Family

  • Waterfront Features: Beach - Public, Gulf/Ocean
  • Approval Process: condo approves buyer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2021
Sold by
Rumschik John P and Rumschik Barbara
Bought by
Barbara Rumschik Revocable Living Trust
Current Estimated Value
$1,208,337

Purchase Details

Listed on
Jun 16, 2017
Closed on
Nov 30, 2017
Sold by
Schaffer David M
Bought by
Rumschik John P and Rumschik Barbara
Seller's Agent
Tom Ward
WATERSIDE REALTY LLC
Buyer's Agent
Brian Livesey
WATERSIDE REALTY LLC
List Price
$799,000
Sold Price
$730,000
Premium/Discount to List
-$69,000
-8.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%
Original Mortgage
$130,000
Outstanding Balance
$111,312
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,097,025

Purchase Details

Closed on
Feb 12, 2017
Sold by
Schaffer Mary Frances
Bought by
Scaffer Mary Frances and Frances Schaffer Revocable Trust

Purchase Details

Closed on
Feb 1, 2016
Bought by
Mary Frances Schaffer Revocabl

Purchase Details

Closed on
May 22, 2009
Sold by
Montgomery James Edward and Montgomery Nancy Carol
Bought by
Schaffer Mary F

Purchase Details

Closed on
Jun 2, 1997
Sold by
Chantin Inv Inc
Bought by
Montgomery James Edward and Montgomery Nancy Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,600
Interest Rate
8.13%
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
Barbara Rumschik Revocable Living Trust -- Attorney
Rumschik John P $730,000 Attorney
Scaffer Mary Frances -- Attorney
Mary Frances Schaffer Revocabl $100 --
Schaffer Mary F $550,000 Alliance Group Title Llc
Montgomery James Edward $252,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rumschik John P $130,000
Previous Owner Montgomery James Edward $201,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Off Market $730,000 -- --
11/30/2017 11/30/17 Sold $730,000 -2.7% $857 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
10/01/2017 10/01/17 Price Changed $750,000 -6.1% $880 / Sq Ft
06/16/2017 06/16/17 For Sale $799,000 -- $938 / 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 $10,300 $701,836 -- --
2023 $10,300 $1,043,100 $0 $1,043,100
2022 $8,666 $815,200 $0 $815,200
2021 $6,789 $527,300 $0 $527,300
2020 $6,628 $503,700 $0 $503,700
2019 $7,651 $590,400 $0 $590,400
2018 $7,608 $587,300 $0 $587,300
2017 $6,890 $520,300 $0 $520,300
2016 $8,051 $672,700 $0 $672,700
2015 $7,682 $631,900 $0 $631,900
2014 $5,826 $370,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4189282

Stellar MLS

APN: 0108-01-4012