NOT LISTED FOR SALE

6396 Midnight Cove Rd Unit 920 Sarasota, FL 34242

Estimated Value: $807,324 - $994,000

3 Beds
2 Baths
1,677 Sq Ft
$695/mo HOA Fee

Last Sold May 11, 2018

Last sale price $700,000 $417 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $6,432/month

145 Days on Market

Highlights

  • 150 Feet of Waterfront
  • White Water Ocean Views
  • Water access To Gulf or Ocean
  • Phillippi Shores Elementary School Rated A
  • Boat Dock
  • Public Beach

About This Home

As of May 2018

TRANQUIL INTRACOASTAL VIEWS! BIG, ROOMY AND UPDATED! Rarely available, a three-bedroom residence on SIESTA KEY! Private beach privileges, complete with complimentary lounge chairs, umbrellas, heated pool and restrooms on the FAMOUS WHITE SAND BEACH! Tennis courts, fitness center, and grilling areas! This home boasts 3 bedrooms, 2 baths, laundry in residence, 25 ft glassed-in lanai overlooking the Bay! New kitchen, granite counter tops, stainless appliances, wine cooler and eating bar. Updated master bath with walk-in shower and twin vanities. Closets galore for storage, plus additional storage room. PET FRIENDLY! (2 large pets allowed). Turnkey furnished. Weekly rentals can give you good income! on-site management. Close to restaurants, shopping and entertainment or ride the Siesta Key Trolley from Turtle Beach to Siesta Key Village.

Last Listed By

Marlene Marshall

MICHAEL SAUNDERS & COMPANY License #3113521 Listed on: 11/02/2017

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,945

Year Built

  • Built in 1979

Lot Details

  • 150 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Property fronts a private road
  • Public Beach
  • End Unit
  • Northwest Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $695 Monthly HOA Fees

Parking

  • 1 Carport Space

Property Views

  • White Water Ocean
  • Intracoastal

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,677 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Bar Fridge
  • Tray Ceiling
  • Ceiling Fan
  • Blinds
  • Rods
  • Sliding Doors
  • Entrance Foyer
  • Combination Dining and Living Room
  • Den
  • Sun or Florida Room
  • Inside Utility

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Eco-Friendly Details

  • Well Sprinkler System

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Shower

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Fishing Pier
  • Deeded access to the beach
  • Deck
  • Enclosed patio or porch
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

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
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, insurance, internet, maintenance structure, ground maintenance, manager, pest control, recreational facilities, sewer, water
  • Midnight Cove 941 349 3004 Association
  • Mid-Rise Condominium
  • Midnight Cove Bayside Community
  • Midnight Cove Bayside Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 5-Story Property

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Boat Dock
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Tennis Courts

Pet Policy

  • Pets up to 101 lbs
  • 2 Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,945

Year Built

Built in 1979

Lot Details

0

HOA Fees

$695 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Recreational Facilities, Sewer, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1677
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 1887
  • Directions to Property: Stickney Point Rd to north on Midnight Pass Rd, right into Midnight Cove. Must check into Midnight Cove Office.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4200501&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4200501&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 2
  • Home Warranty Y N: No
  • Property Description: End Unit, Mid Rise
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.96552
  • Price per Sq Ft: 417.41
  • Close to Original List Price Ratio: 0.96552
  • Ratio: Current Price\Building Area Total: 370.96
  • View: Yes
  • Co List Office Mls Id: 281502395
  • Co List Office Phone: 941-349-3444
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Bar Fridge, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Microwave Hood, Range, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 5
  • Window Features: Blinds, Rods, Window Treatments
  • Street Number Modifier: 6396
  • Room Count: 6
  • Additional Rooms: Den/Library/Office, Florida Room, Foyer, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northwest
  • Other Structures: Storage, Tennis Court(s)
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Sliding Doors, Sprinkler Metered, Storage, Tennis Court(s)
  • Roof: Other
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Water
  • Water Body Name: Intracoastal Waterway
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Enclosed, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full, Intracoastal Waterway
  • Water Access: Bay/Harbor, Beach - Access Deeded, Beach - Public, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: Fishing Pier
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0143F
  • Waterfront Frontage: 150
  • Additional Water Information: Midnight Cove is also on the Gulf side.
  • Water Frontage Feet Bay Harbor: 150
  • Disclosures: Condominium Disclosure Available

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Guest
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Private, Public, Sprinkler Recycled, Sprinkler Well, Street Lights
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Gated Community, Pool, Waterfront Complex
  • Association Amenities: Boat Dock, Fitness Center, Gated, Laundry, Recreation Facilities
  • Association Fee Frequency: Monthly
  • Association Name: Midnight Cove 941-349-3004
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 695
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 695
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 8340
  • Total Monthly Fees: 695

Schools

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

Lot Info

  • Parcel Number: 0108013051
  • Additional Parcels: No
  • Lot Features: FloodZone, In County, Near Public Transit
  • Millage Rate: 12.94
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 101
  • Minimum Lease: 1 Week
  • Approval Process: Please see Association Documents for Restrictions/Guidelines
  • Num Timesper Year: 50
  • Pet Restrictions: 2 pets, no weight limit for only Owner's only.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: 2 week minimum rental in March. Please see Association Documents for Restrictions/Guidelines

Tax Info

  • Tax Annual Amount: 5945
  • Tax Book Number: 10-40
  • Tax Lot: 920

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2017
Closed on
May 7, 2018
Sold by
Midnight Tango Llc
Bought by
Schaefer Julia L and The Julia L Schaefer Second Amended And
Seller's Agent
Marlene Marshall
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Regina Putrino
WILLIAM RAVEIS REAL ESTATE
List Price
$725,000
Sold Price
$700,000
Premium/Discount to List
-$25,000
-3.45%
Total Days on Market
145
Current Estimated Value
$890,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,331
Avg. Annual Appreciation
4.67%
Original Mortgage
$454,000
Outstanding Balance
$397,039
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$568,694

Purchase Details

Listed on
Feb 19, 2013
Closed on
Jun 27, 2013
Sold by
Shults Josephine R
Bought by
Midnight Tango Llc
Seller's Agent
Judy Wright, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Marlene Marshall
MICHAEL SAUNDERS & COMPANY
List Price
$489,900
Sold Price
$495,000
Premium/Discount to List
$5,100
1.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%

Purchase Details

Closed on
Jul 23, 2008
Sold by
Shults Mary Jo and Shults William R
Bought by
Shults Josephine R

Purchase Details

Closed on
Feb 26, 2003
Sold by
Darwel Mgmt Ltd
Bought by
Shults William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.95%

Range of Values:

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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
Schaefer Julia L $700,000 Attorney
Midnight Tango Llc $495,000 Attorney
Shults Josephine R -- Attorney
Shults William R $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaefer Julia L $454,000
Previous Owner Midnigh Tango Llc $975,000
Previous Owner Shults William R $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2018 05/11/18 Sold $700,000 -3.4% $417 / Sq Ft
03/28/2018 03/28/18 Pending -- -- --
11/02/2017 11/02/17 For Sale $725,000 +46.5% $432 / Sq Ft
06/28/2013 06/28/13 Sold $495,000 +1.0% $295 / Sq Ft
03/18/2013 03/18/13 Pending -- -- --
02/19/2013 02/19/13 For Sale $489,900 -- $292 / 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 $9,041 $693,300 -- $693,300
2023 $9,041 $734,000 $0 $734,000
2022 $8,551 $707,800 $0 $707,800
2021 $7,781 $597,800 $0 $597,800
2020 $8,069 $608,800 $0 $608,800
2019 $7,339 $554,900 $0 $554,900
2018 $5,850 $436,000 $0 $436,000
2017 $5,945 $435,900 $0 $435,900
2016 $5,980 $435,800 $0 $435,800
2015 $5,510 $382,700 $0 $382,700
2014 $5,074 $308,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4200501

Stellar MLS

APN: 0108-01-3051