NOT LISTED FOR SALE

Embassy House 770 S Palm Ave Unit 201 Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $1,445,000 - $1,827,000

3 Beds
2 Baths
2,440 Sq Ft
$675/mo HOA Fee

Last Sold December 12, 2013

Last sale price $775,000 $318 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $9,660/month

3 Days on Market

Highlights

  • White Water Ocean Views
  • Property Fronts a Bay or Harbor
  • Gated Community
  • Southside Elementary School Rated A
  • Heated Pool
  • Reverse Osmosis System

About This Home

As of December 2013

This exceptional 3 BR corner unit boasts magazine quality interiors. Remodeled in classic modern style, 42' of glass open onto a stunning panoramic view of the harbor & Sarasota Bay. Spacious rooms & layout feel like living in a chic single family home.Expanded to 2440 sq. ft. with a 90 foot screened lanai, finishes & fixtures are first class & in pristine, like new condition. The semi-private elevator leads to a beautiful foyer which opens to the expansive living room abutting the music room surroundedin glass. Both formal & informal dining. Contemporary natural wood maple cabinetry, Absolute Black granite & stainless appliance package in the super-efficient kitchen. Gorgeous maple & granite built in bar with glass display cabinetry, shelving, a refrigerator & wine cooler. Warm wood floors & attractive built-ins add to the allure. The oversized master suite enjoys walls of glass on two sides, a sitting area & office niche. Beautifully finished baths & fabulous walk-in closet. One guest room has a separate seating area behind doors with convertible sofa for extra guests or grandchildren. The third bedroom is currently used as a den. This offering will be sure to please the most discriminating buyer. Embassy House has a full service concierge desk, nicely appointed lobby, community room with kitchen, fitness center, heated pool and covered parking. It is perfectly located on Palm Avenue for leisurely walks to all of the downtown amenities.

Last Agent to Sell the Property

Kim Ogilvie

MICHAEL SAUNDERS & COMPANY License #0412475 Listed on: 09/30/2013

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Janice Perry

MICHAEL SAUNDERS & COMPANY License #3067261

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,664

Year Built

  • Built in 1975

Lot Details

  • End Unit
  • Street terminates at a dead end
  • West Facing Home

HOA Fees

  • $675 Monthly HOA Fees

Property Views

  • Park or Greenbelt

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,440 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Bar Fridge
  • Dry Bar
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Separate Formal Living Room
  • Breakfast Room
  • Formal Dining Room
  • Inside Utility

Kitchen

  • Built-In Convection Oven
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops
  • Disposal
  • Reverse Osmosis System

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Home Security

Parking

  • 1 Carport Space
  • Circular Driveway
  • Guest Parking
  • Assigned Parking

Pool

  • Heated Pool
  • Spa

Location

  • Flood Zone Lot
  • Property is near public transit
  • City Lot

Schools

  • Southside Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Zoned Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Ventilation
  • Balcony

Listing and Financial Details

  • Homestead Exemption
  • Tax Lot 201
  • Assessor Parcel Number 2036032002

Community Details

Overview

  • Association fees include escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, pest control, recreational facilities, security, sewer, trash, water
  • Dan Maxwell 955 5488 Association
  • High-Rise Condominium
  • Embassy House Community
  • Embassy House Subdivision
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking, vehicle restrictions
  • Rental Restrictions
  • Handicap Modified Features In Community

Amenities

  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • Pets up to 20 lbs
  • 2 Pets Allowed

Security

  • Security Service
  • Gated Community
  • Storm Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,664

Year Built

Built in 1975

Lot Details

0

HOA Fees

$675 per month

Listing Details

  • HOA Fee Includes: Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2440
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 2826
  • Directions to Property: Mound Street, turn north on Palm Avenue, Building is on the left.
  • Status: Sold
  • Street Direction: S
  • Floor Number: 2
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: Non-Applicable
  • Home Warranty Y N: No
  • Subdivision Num: 7327
  • Property Description: Corner Unit, End Unit, High Rise
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.97484
  • Price per Sq Ft: 317.62
  • Close to Original List Price Ratio: 0.97484
  • Ratio: Current Price\Building Area Total: 274.24
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Dry Bar, Elevator, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Convection Oven, Dishwasher, Disposal, Electric Water Heater, Freezer, Kitchen Reverse Osmosis System, Microwave, Microwave Hood, Refrigerator, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Blinds, Thermal Windows, Window Treatments, Storm Window(s)
  • Street Number Modifier: 770
  • Room Count: 10
  • Additional Rooms: Breakfast Room Separate, Formal Dining Room Separate, Formal Living Room Separate, Foyer, Inside Utility
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated
  • Exterior Features: Balcony
  • Roof: Membrane
  • Pool Private: No
  • Road Frontage Type: Street Dead-End
  • View: Park, Pool, Water
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Assigned, Circular Driveway, Guest
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Gated Community, Handicap Modified, No Truck/RV/Motorcycle Parking, Pool
  • Association Amenities: Elevator(s), Gated, Handicap Modified, Laundry, Security, Vehicle Restrictions
  • Association Name: Dan Maxwell 955-5488
  • Association: No
  • Security: Gated Community, Smoke Detector(s), Fire/Smoke Detection Integration
  • Senior Community: No
  • Condo Fees: 2025
  • Condo Fees Term: Quarterly
  • Association Fee Requirement: None

Fee Information

  • Total Annual Fees: 8100
  • Total Monthly Fees: 675

Schools

  • Elementary School: Southside Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: DTB
  • Parcel Number: 2036032002
  • Additional Parcels: No
  • Lot Features: FloodZone, City Lot, Near Public Transit
  • Millage Rate: 16.74
  • Future Land Use: 0405
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Indoor Air Qlty: Ventilation

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No, Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 20
  • Pet Restrictions: no dogs
  • Expected Lease Date: 2013-12-12T05:00:00.000Z
  • Lease Restrictions Y N: Yes

Tax Info

  • Tax Annual Amount: 6664
  • Tax Book Number: 0009/0027
  • Tax Lot: 201

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2013
Closed on
Dec 12, 2013
Sold by
Boylan Paul C
Bought by
Bowers Steven M and Leonard Tempehin Trust
Seller's Agent
Kim Ogilvie
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Janice Perry
MICHAEL SAUNDERS & COMPANY
List Price
$795,000
Sold Price
$775,000
Premium/Discount to List
-$20,000
-2.52%
Current Estimated Value
$1,580,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$805,640
Avg. Annual Appreciation
6.18%

Purchase Details

Closed on
Aug 12, 2008
Sold by
Deters Brian J and Deters Bettina B
Bought by
Boylan Paul C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2001
Sold by
Mock Marjorie S
Bought by
Deters Brian J and Deters Bettina B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.9%

Purchase Details

Closed on
Aug 27, 1996
Sold by
Mock Marjorie S
Bought by
Mock Marjorie S

Purchase Details

Closed on
Aug 19, 1996
Sold by
Mock Marjorie S
Bought by
Mock Marjorie S
Source: Public Records

Range of Values:

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Average Value
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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
Bowers Steven M $775,000 None Available
Boylan Paul C $720,000 Attorney
Deters Brian J $390,000 --
Mock Marjorie S -- --
Mock Marjorie S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boylan Paul C $417,000
Previous Owner Deters Brian J $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2013 12/12/13 Sold $775,000 -2.5% $318 / Sq Ft
10/04/2013 10/04/13 Pending -- -- --
09/30/2013 09/30/13 For Sale $795,000 -- $326 / 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 $8,336 $593,499 -- --
2023 $8,336 $576,213 $0 $0
2022 $8,147 $559,430 $0 $0
2021 $8,203 $543,136 $0 $0
2020 $8,289 $535,637 $0 $0
2019 $8,073 $523,594 $0 $0
2018 $7,939 $513,831 $0 $0
2017 $7,847 $503,262 $0 $0
2016 $8,149 $602,200 $0 $602,200
2015 $8,264 $536,900 $0 $536,900
2014 $8,913 $391,916 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Ogilvie

    Seller's Agent in 2013

    Kim Ogilvie

    Michael Saunders

    (941) 376-1717

    28 in this area

    114 Total Sales

    Kim Ogilvie
    Section Image

  • J

    Buyer's Agent in 2013

    Janice Perry

    Michael Saunders

    (941) 228-0848

    4 Total Sales

    Janice Perry
    Section Image
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About Embassy House

Map

Source: Stellar MLS

MLS Number: A3985162

Stellar MLS

APN: 2036-03-2002

Florida Sarasota County Sarasota 34236 Downtown Sarasota

770 S Palm Ave Unit 201, Sarasota, FL

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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