NOT LISTED FOR SALE

6500 Midnight Pass Rd Unit 502 Sarasota, FL 34242

Estimated Value: $1,381,493 - $1,708,000

3 Beds
3 Baths
1,607 Sq Ft
$560/mo HOA Fee

Last Sold July 25, 2013

Last sale price $680,000 $423 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $8,832/month

48 Days on Market

Highlights

  • Beach View
  • Property fronts gulf or ocean
  • Heated Pool
  • Phillippi Shores Elementary School Rated A
  • Private Beach
  • Sauna

About This Home

As of July 2013

1,700 sq feet on beautiful Crescent Beach includes 2 or 3 bedroom unit with 3 full baths. Third bedroom is presently a den. Gulf views from living room, dining room and master bedroom and sundeck. Crown moldings, built in buffet, walk in closets, washer and dryer in the unit, new roof, building recently painted. Gross rents are $40,000 and the association has $300,000 in reserves as well. This unit is furnished, great rental program on site, heated pool, sauna, tiki hut with grill. Walk to favorite Siesta Key restaurants and stores.

Last Agent to Sell the Property

Sandy Strom

License #0383075 Listed on: 03/25/2013

Co-Listed By

Jerry Strom

STROM & STROM LLC License #0389587

Last Buyer's Agent

Sandy Strom

License #0383075 Listed on: 03/25/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,902

Year Built

  • Built in 1974

Lot Details

  • Property fronts gulf or ocean
  • Property fronts a public beach
  • Property fronts a private road
  • Private Beach
  • Public Beach
  • West Facing Home

HOA Fees

  • $560 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

  • Slab Foundation

Interior Spaces

  • 1,607 Sq Ft Home
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Inside Utility
  • Sauna

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Heated Pool
  • Water access To Gulf or Ocean
  • Balcony

Location

  • Flood Zone Lot
  • Property is near public transit

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 502
  • Assessor Parcel Number 0108103041

Community Details

Overview

  • Association fees include cable TV, fidelity bond, insurance, internet, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, sewer, water
  • Seashell Community
  • Seashell Subdivision
  • 5-Story Property

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,902

Year Built

Built in 1974

Lot Details

0

HOA Fees

$560 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Sewer, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Other
  • Fireplace: No
  • Living Area: 1607
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 1797
  • Directions to Property: STICKNEY PT. RD., LEFT (SOUTH) ON MIDNIGHT PASS RD., COMPLEX GULF SIDE ACROSS FROM CAPTAIN CURTS.
  • Status: Sold
  • Floor Number: 5
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Home Warranty Y N: No
  • Subdivision Num: 7308
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.97282
  • Price per Sq Ft: 423.15
  • Close to Original List Price Ratio: 0.97282
  • Ratio: Current Price\Building Area Total: 378.41
  • View: Yes
  • Co List Office Mls Id: 281502349
  • Co List Office Phone: 941-966-8000
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Elevator, Sauna, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, 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: 6500
  • Room Count: 6
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated
  • Exterior Features: Balcony
  • Roof: Other
  • Pool Private: Yes
  • Road Frontage Type: Private Road
  • View: Water
  • Waterfront: Yes
  • Water View: Beach, Gulf/Ocean - Full
  • Water Access: Beach - Private, Beach - Public, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Guest
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 560
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Smoke Detector(s)
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 6720
  • Total Monthly Fees: 560

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0108103041
  • Additional Parcels: No
  • Lot Features: FloodZone, In County, Near Public Transit
  • Millage Rate: 13.4
  • Future Land Use: 0404
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Minimum Lease: 1 Week
  • Expected Lease Date: 2013-07-25T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 5902
  • Tax Book Number: 0008/0049
  • Tax Lot: 502

Multi Family

  • Waterfront Features: Beach - Private, Beach - Public, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2013
Closed on
Jul 24, 2013
Sold by
Smith Curran D and Smith Pamella A
Bought by
Seidor Steven and Seidor Susan
Seller's Agent
Sandy Strom
Buyer's Agent
Sandy Strom
List Price
$699,000
Sold Price
$680,000
Premium/Discount to List
-$19,000
-2.72%
Current Estimated Value
$1,515,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$835,623
Avg. Annual Appreciation
6.81%
Source: Public Records

Range of Values:

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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
Seidor Steven $680,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Curran D $255,500
Previous Owner Smith Curran D $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2013 07/25/13 Sold $680,000 -2.7% $423 / Sq Ft
05/13/2013 05/13/13 Pending -- -- --
03/25/2013 03/25/13 For Sale $699,000 -- $435 / 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 $3,229 $965,575 -- --
2023 $3,229 $1,139,200 $0 $1,139,200
2022 $3,176 $1,031,400 $0 $1,031,400
2021 $9,435 $750,100 $0 $750,100
2020 $8,635 $659,500 $0 $659,500
2019 $8,355 $647,300 $0 $647,300
2018 $7,548 $577,200 $0 $577,200
2017 $7,197 $539,400 $0 $539,400
2016 $7,502 $550,400 $0 $550,400
2015 $7,031 $500,100 $0 $500,100
2014 $7,562 $451,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3975568

Stellar MLS

APN: 0108-10-3041