$495,000
SOLD JUN 28, 2013

6396 Midnight Cove Rd Unit 920 Sarasota, FL 34242

3 Beds
2 Baths
1,677 Sq Ft
$675/mo HOA Fee

Recently Sold

$295 Per Sq Ft

1% Above List Price

26 Days on Market

Highlights

  • Beach Access
  • Property fronts an intracoastal waterway
  • Heated Indoor Pool
  • Phillippi Shores Elementary School Rated A
  • Oak Trees
  • Gated Community

About This Home

As of May 2018

A Golden opportunity to enjoy water views from this highly sought after end unit. You will enjoy the privacy offered by the 3 bedrooms, 2 baths with extra living area on the glass enclosed lanai, providing a total of 1887 sq ft. This extraordinarily clean and move in ready end unit boasts lots of light, privacy and tranquil views from the kitchen, dining and living room, lanai and master bedroom. You won't want to leave, but if you do, plenty to do in this community. Whether you enjoy tennis, swimming, boating, fishing, walking, a sunset stroll on the white sandy beach or kicking back to relax, Midnight Cove offers it all and Bayside residents enjoy all of the gulf side amenities as well. Pride of ownership is apparent the minute you enter the community, which includes onsite management and maintenance. Both Bayside and Gulf side properties are gated, providing that extra peace of mind and security. If you are looking for a full time residence, seasonal, 2nd home or investment, this propertywill meet all desired lifestyles. Professional onsite rental agent is available for those investors or owners desiring to lease their unit weekly or long term. Unit is being sold turnkey furnished. HVAC system new in 2012.. Don't miss this golden opportunity....going, going..soon to be gone!

Last Agent to Sell the Property

Judy Wright, PA

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-907-9595 License #0389612 Listed on: 02/19/2013

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Marlene Marshall

MICHAEL SAUNDERS & COMPANY License #3113521

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,875

Year Built

  • Built in 1979

Lot Details

  • Property fronts an intracoastal waterway
  • Property fronts a saltwater canal
  • East Facing Home
  • Mature Landscaping
  • Oak Trees
  • Zero Lot Line

HOA Fees

  • $675 Monthly HOA Fees

Property Views

  • Intracoastal
  • Canal

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 1,677 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Heated Indoor Pool
  • Beach Access
  • Access To Intracoastal Waterway
  • Fishing Pier
  • Deeded access to the beach
  • Access to Saltwater Canal
  • First Come-First Served Dock
  • Seawall
  • Deck
  • Screened Patio
  • Outdoor Grill
  • 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
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, management, pest control, private road, recreational facilities, trash
  • Progressive 941 921 5393 Shane Association
  • Midnight Cove Bayside Community
  • Midnight Cove Bayside Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • 5-Story Property

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Gated Community
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,875

Year Built

Built in 1979

Lot Details

0

HOA Fees

$675 per month

Listing Details

  • HOA Fee Includes: Cable TV, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Private Road, Recreational Facilities, Trash
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1677
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 1887
  • Directions to Property: From Stickney Point Bridge, west (right) onto Midnight Pass Rd; 2nd driveway on your right is Midnight Cove Bayside; go to gate (Call center will provide you with gate info). Once thru gate, go to end of road and last building on your left
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 2
  • List Office Head Office Key Nume: 1046728
  • RATIO Current Price By Calculate: 295.17
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Planned Unit Development Yn: 0
  • Property Description: Corner Unit,End Unit,Mid Rise
  • MFR_DockDescription: Dock - Slip 1st Come
  • MFR_CommunityAssociationWaterFeatures: Boat Slip,Dock,Fishing,Water Access
  • Attribution Contact: 941-907-9595
  • Tax Year: 2012
  • 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, Open Floorplan, Solid Surface Counters, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 5
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 6396
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Foyer,Inside Utility
  • Living Area Meters: 155.80
  • Room Count: 8

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated, Indoor
  • Exterior Features: Outdoor Grill, Sliding Doors
  • Roof: Other
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Beach,Beach - Access Deeded,Canal - Saltwater,Intracoastal Waterway
  • Water Extras: Fishing Pier,Seawall - Other
  • Water Extras YN: 1
  • Water View: Canal,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Gated, Pool, Tennis Courts, Waterfront Complex
  • Association Amenities: Elevator(s), Gated, Maintenance, Tennis Court(s)
  • Association Name: Progressive 941-921-5393 Shane
  • Association: No
  • Security: Gated Community
  • Association Fee Requirement: None
  • Building Name Number: 6396
  • Condo Fees: 675

Fee Information

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

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, Paved, Private, Zero Lot Line
  • Homestead YN: 0
  • Zoning Compatible YN: 1
  • Future Land Use: 0404

Rental Info

  • Pets Allowed: No, Yes
  • Lease Restrictions YN: 1
  • Expected Lease Date: 2013-06-28T00:00:00.000

Tax Info

  • Tax Annual Amount: 4875
  • Tax Block: 9
  • Tax Book Number: 0010/0040
  • Tax Lot: 920

Multi Family

  • Waterfront Features: Canal - Saltwater, Intracoastal Waterway

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
26
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
3.12%
Original Mortgage
$454,000
Outstanding Balance
$397,039
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$472,721

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%
Source: Public Records

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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 Type Sale Price Title Company
Limited Warranty Deed $700,000 Attorney
Personal Reps Deed $495,000 Attorney
Warranty Deed -- Attorney
Warranty Deed $550,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $454,000 New Conventional
Previous Owner $975,000 Adjustable Rate Mortgage/ARM
Previous Owner $440,000 No Value Available
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: A3973791

Stellar MLS

APN: 0108-01-3051