NOT LISTED FOR SALE

6350 Midnight Cove Rd Unit 722 Sarasota, FL 34242

Estimated Value: $480,334 - $676,000

2 Beds
1.5 Baths
860 Sq Ft
$675/mo HOA Fee

Last Sold September 04, 2014

Last sale price $341,000 $397 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,338/month

106 Days on Market

Highlights

  • Fishing Pier
  • Intracoastal View
  • Home fronts a lagoon or estuary
  • Phillippi Shores Elementary School Rated A
  • Heated Indoor Pool
  • Gated Community

About This Home

As of September 2014

Ask call center for 6350 Midnight Cove not Midnight Pass. Tax records incorrect. One week minimum rental policy! (2 weeks in March) Best buy Bayside! Gated! Thoughtfully fully renovated secure 2nd fl. condo. PRIVATE DEEDED BEACH! This condo sleeps 5! New granite and solid wood kitchen w/numerous upgrades. New granite baths; master bath features a huge walk in fully tiled and glass shower. The unit was redesigned to accommodate a Bosch washer and dryer ~ a huge bonus and rare to find! The large great room and dining area are open to the kitchen and overlook the pretty Florida room with built in desk and sleeper. The bedrooms are inviting w/plenty of storage. Enjoy the Florida room which overlooks the canal and boats. Full sliders with screens behind allow all year use. HVAC and h/w heater replaced recently. Midnight Cove (not Midnight Cove II) offers a private beach with chairs and umbrellas and a beach monitor. Brand new security coded private baths beachside! Covered parking, night security, 2 pools, 2 tennis courts, dockside fishing and 2 grilling coves with benches. All bayside facades are being replaced. Buildings 7 and 8 to be refurbished summer/fall 2014. No assessment being levied for the work. Boat slips may be available. Close to south bridge ~ easy on and off of Siesta Key ~ a huge plus in season. Strong financials and an onsite management company make this a terrific opportunity for an investor. Please see attachments for brochure with more information.

Last Agent to Sell the Property

Lynn Ludecke

COLDWELL BANKER SARASOTA CENT. Brokerage Phone: 941-966-8000 License #3215150 Listed on: 01/07/2014

COLDWELL BANKER SARASOTA CENT.

Last Buyer's Agent

Regina Putrino

WILLIAM RAVEIS REAL ESTATE License #0665015

WILLIAM RAVEIS REAL ESTATE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,123

Year Built

  • Built in 1979

Lot Details

  • Home fronts a lagoon or estuary
  • Southwest Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Zero Lot Line

HOA Fees

  • $675 Monthly HOA Fees

Property Views

  • Intracoastal
  • Lagoon

Home Design

  • Condo Hotel
  • Florida Architecture
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 860 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Heated Indoor Pool
  • Fishing Pier
  • Deeded access to the beach
  • Access to Freshwater Canal
  • First Come-First Served Dock
  • Balcony
  • Deck
  • Covered patio or porch
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill
  • Rain Gutters

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, insurance, maintenance structure, ground maintenance, management, private road, security, sewer, trash, water
  • Midnight Cove Bayside Community
  • Midnight Cove Bayside Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,123

Year Built

Built in 1979

Lot Details

0

HOA Fees

$675 per month

Listing Details

  • HOA Fee Includes: Cable TV, Insurance, Maintenance Structure, Maintenance Grounds, Management, Private Road, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condo - Hotel
  • Architectural Style: Florida
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 860
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 1010
  • Directions to Property: STICKNEY POINT BRIDGE ONTO SIESTA KEY. RIGHT AT LIGHT. SECOND RIGHT HAND DRIVEWAY, REQUIRE GATE CODE.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 2
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1 Week
  • RATIO Current Price By Calculate: 396.51
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • MFR_DockDescription: Dock - Slip 1st Come
  • MFR_CommunityAssociationWaterFeatures: Dock,Fishing,Water Access
  • Attribution Contact: 941-966-8000
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Solid Wood Cabinets, Stone Counters, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 3
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 6350
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Living Area Meters: 79.90
  • Room Count: 5

Exterior Features

  • Direction Faces: Southwest
  • Other Structures: Storage
  • Pool Features: Heated, Indoor
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Grill, Rain Gutters, Sliding Doors, Storage
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Access: Beach - Access Deeded,Canal - Freshwater
  • Water Extras: Fishing Pier
  • Water Extras YN: 1
  • Water View: Intracoastal Waterway,Lagoon
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Underground Utilities
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated, Pool, Tennis Courts, Waterfront Complex
  • Association Amenities: Gated, Security, Tennis Court(s)
  • Association: No
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Pet Restrictions: OWNERS ONLY
  • Association Fee Requirement: None
  • Condo Fees: 675
  • Monthly Condo Fee Amount: 675

Fee Information

  • Total Annual Fees: 8100.00
  • Total Monthly Fees: 675.00

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0108013030
  • Additional Parcels: No
  • Lot Features: Private, Zero Lot Line
  • Homestead YN: 0
  • Future Land Use: 0403

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No, Yes

Tax Info

  • Tax Annual Amount: 3123
  • Tax Block: 7
  • Tax Book Number: 0010/0040
  • Tax Lot: 722

Multi Family

  • Waterfront Features: Lagoon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2014
Sold by
Turner Gerald H
Bought by
Cudeck Norman A and Cudeck Mary K
Current Estimated Value
$585,425

Purchase Details

Closed on
Apr 28, 2005
Sold by
Turner Gerald H and Cummings Colina C
Bought by
Turner Gerald H and Gerald H Turner Trust

Purchase Details

Closed on
Feb 25, 2002
Sold by
Buchanan Melvin F and Buchanan Marilyn M
Bought by
Turner Gerald H and Cummings Colina C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,500
Interest Rate
7.02%

Purchase Details

Closed on
Mar 6, 1996
Sold by
Spaulding Erma P
Bought by
Buchanan Melvin F and Buchanan Marilyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,400
Interest Rate
6.97%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cudeck Norman A $341,000 Attorney
Turner Gerald H -- --
Turner Gerald H $302,000 --
Buchanan Melvin F $148,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Turner Gerald H $226,500
Previous Owner Buchanan Melvin F $118,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2014 09/04/14 Sold $341,000 -5.0% $397 / Sq Ft
04/24/2014 04/24/14 Pending -- -- --
01/07/2014 01/07/14 For Sale $359,000 -- $417 / 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 $5,501 $418,067 -- --
2023 $5,501 $485,500 $0 $485,500
2022 $5,005 $432,200 $0 $432,200
2021 $4,207 $314,100 $0 $314,100
2020 $4,116 $301,000 $0 $301,000
2019 $4,164 $308,300 $0 $308,300
2018 $4,163 $309,300 $0 $309,300
2017 $4,177 $305,000 $0 $305,000
2016 $3,932 $279,400 $0 $279,400
2015 $3,894 $269,200 $0 $269,200
2014 $3,404 $206,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A3990343

Stellar MLS

APN: 0108-01-3030