NOT LISTED FOR SALE

7327 Midnight Pass Rd Sarasota, FL 34242

Estimated Value: $1,891,000 - $7,266,000

4 Beds
2.5 Baths
2,282 Sq Ft
$1,979/Sq Ft Est. Value

Last Sold July 15, 2015

Last sale price $1,580,000 $692 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $26,143/month

433 Days on Market

Highlights

  • 124 Feet of Waterfront
  • White Water Ocean Views
  • Oak Trees
  • Phillippi Shores Elementary School Rated A
  • Access To Intracoastal Waterway
  • Screened Pool

About This Home

As of July 2015

This home is sold Turn-Key furnished (with some exceptions). The value of this property is in the land. Beside the Bayfront property with 120+ ft frontage and 204 ft deep this sale includes the property behind measuring 150 x 123 ft. This lot could be sold separately. A dock offers easy access to Bay and Gulf. The European owner created this Key West style home in a secluded setting. A heated pool with spa and a large entertainment area allow for a relaxed and comfortable setting for a large family or groups of friends. This home is perfect for a foreign or domestic buyer who wants to move in without delay but who may want to spend only part of the year in this location. The home can be rented easily on a seasonal basis, allowing the owners to obtain a rental income while not using the home themselves. Being sold As-Is with Right to Inspect.

Last Agent to Sell the Property

Klaus Lang

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-383-7591 License #0641811 Listed on: 02/07/2014

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Robert Sherman

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3099603

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,954

Year Built

  • Built in 1997

Lot Details

  • 0.52 Acre Lot
  • 124 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • West Facing Home
  • Mature Landscaping
  • Well Sprinkler System
  • Oak Trees
  • Additional Parcels
  • Property is zoned RE2

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • White Water Ocean
  • Intracoastal

Home Design

  • Florida Architecture
  • Elevated Home
  • Split Level Home
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior
  • Siding
  • Pile Dwellings

Interior Spaces

  • 2,282 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Wood Burning Fireplace
  • Sliding Doors
  • Family Room Off Kitchen
  • Ceramic Tile Flooring
  • Hurricane or Storm Shutters

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Screened Pool
  • Saltwater Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Access To Intracoastal Waterway
  • Fishing Pier
  • Access to Bay or Harbor
  • First Come-First Served Dock
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Siesta Key Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0110110005

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,954

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Elevated, Florida
  • Construction Materials: Block, Siding, Wood Frame
  • Fireplace: Yes
  • Living Area: 2282
  • Lot Size Acres: 0.52
  • New Construction: No
  • Year Built: 1997
  • Building Area Total: 4841
  • Lot Size Sq Ft: 22660
  • Directions to Property: US 41 south to west on Stickney Point Rd to Siesta Key, left (south) on Midnight PAss Road to 7327, left into drive way to property.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1046728
  • RATIO Current Price By Calculate: 692.38
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • MFR_DockDescription: Dock - Slip 1st Come
  • Attribution Contact: 941-383-7591
  • Tax Year: 2014
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 4
  • Levels: Multi/Split
  • Spa Yn: Yes
  • Window Features: Window Treatments
  • Street Number Modifier: 7327
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 212.01
  • Room Count: 7

Exterior Features

  • Direction Faces: West
  • Other Structures: Shed(s)
  • Pool Features: Heated, Salt Water, Screen Enclosure
  • Exterior Features: Balcony, Hurricane Shutters, Sliding Doors
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Disclosures: Seller Property Disclosure
  • Water Access: Bay/Harbor,Intracoastal Waterway
  • Water Extras: Fishing Pier
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 124

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Gas, Sprinkler Well
  • Cooling: Central Air, Zoned
  • Heating: Central, Zoned
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Private, Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: RE2
  • Parcel Number: 0110110005
  • Additional Parcels: Yes
  • Lot Features: In County
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Future Land Use: 0100

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 17954

Multi Family

  • Waterfront Features: Bay/Harbor, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2014
Closed on
Jun 15, 2015
Sold by
Decouet Alexandre
Bought by
Shea Patrick A and Shea Suzanne S
Seller's Agent
Klaus Lang
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Robert Sherman
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$2,050,000
Sold Price
$1,580,000
Premium/Discount to List
-$470,000
-22.93%
Current Estimated Value
$4,516,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,936,990
Avg. Annual Appreciation
9.98%
Original Mortgage
$773,000
Interest Rate
4.04%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 21, 2004
Sold by
Decouet Alexandre
Bought by
Decouet Alexandre

Purchase Details

Closed on
Dec 22, 2003
Sold by
Decouet Alexandre
Bought by
Decouet Alexandre and Coquina Tr Agreement
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
Shea Patrick A $1,580,000 Attorney
Decouet Alexandre -- --
Decouet Alexandre -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shea Patrick A $2,162,400
Closed Shea Patrick A $773,000
Closed Shea Patrick A $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2015 07/15/15 Sold $1,580,000 -19.4% $692 / Sq Ft
04/17/2015 04/17/15 Pending -- -- --
04/29/2014 04/29/14 Price Changed $1,960,000 -4.4% $859 / Sq Ft
02/07/2014 02/07/14 For Sale $2,050,000 -- $898 / 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 $18,948 $1,648,933 -- --
2023 $18,948 $1,600,906 $0 $0
2022 $21,690 $1,821,478 $0 $0
2021 $18,003 $1,422,500 $1,109,200 $313,300
2020 $16,782 $1,294,200 $1,040,800 $253,400
2019 $17,516 $1,360,900 $1,090,000 $270,900
2018 $17,968 $1,395,900 $1,211,200 $184,700
2017 $20,108 $1,540,200 $1,344,000 $196,200
2016 $18,966 $1,416,000 $1,232,400 $183,600
2015 $18,602 $1,351,100 $1,107,200 $243,900
2014 $17,955 $1,196,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Klaus Lang

    Seller's Agent in 2015

    Klaus Lang

    Michael Saunders

    (941) 320-1223

    3 in this area

    44 Total Sales

    Klaus Lang
    Section Image
  • Robert Sherman

    Buyer's Agent in 2015

    Robert Sherman

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 313-1301

    19 in this area

    119 Total Sales

    Robert Sherman
    Section Image
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Map

Source: Stellar MLS

MLS Number: A3992403

Stellar MLS

APN: 0110-11-0005

Florida Sarasota County Sarasota 34242

7327 Midnight Pass Rd, Sarasota, FL

This home is located at 7327 Midnight Pass Rd, Sarasota, FL 34242 since 07 February 2014 and is currently estimated at $4,516,990, approximately $1,979 per square foot. This property was built in 1997. 7327 Midnight Pass Rd is a home located in Sarasota County with nearby schools including Phillippi Shores Elementary School, Brookside Middle School, and Sarasota High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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