NOT LISTED FOR SALE

Embassy House 770 S Palm Ave Unit 401 Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $956,000 - $1,200,000

2 Beds
2 Baths
1,636 Sq Ft
$715/mo HOA Fee

Last Sold September 28, 2012

Last sale price $455,000 $278 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $7,123/month

202 Days on Market

Highlights

  • White Water Ocean Views
  • Heated Pool
  • End Unit
  • Southside Elementary School Rated A
  • 1.44 Acre Lot
  • Family Room Off Kitchen

About This Home

As of September 2012

BREATHTAKING VISTAS of Sarasota's Downtown Bayfront. It's all about the views from this SW thru SE Corner 2 Bedroom plus Den area, 2 Bath impeccable cared for condo. Glass galore overlooks and captures Big Pass, Lido Key, moored sailboats at Marina Jacks, Selby Botanical Gardens and at night the sparkling lights of downtown. The balconies have been enclosed for additional living space and enhancement of sweeping views and textured waterfront skyline. You will appreciate the light neutral decor with its Wood Flooring in living room, dining room, den and master suite. Remodeled kitchen features granite countertops, white cabinetry, stainless appliances and raised ceiling. Spacious Corner Master Suite has Sitting area. Enjoy the amenities that come with living at the Embassy House. Semi-private elevators, bayside pool, secured building, newly decorated recreation room and kitchen, exercise room, covered and assigned parking. Cats and rentals are permitted. Additionally there is an abundance of lifestyle activities within walking distance to vibrant downtown Sarasota. Restaurants, shops, theaters, opera, galleries, library, coffee houses, bookstores and much more. Just over the bridge to St Armands Circle and to the beaches. This is the perfect year round and vacation place to call home.

Last Agent to Sell the Property

Scott Rickards

RE/MAX ALLIANCE GROUP License #0582595 Listed on: 01/23/2012

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Craig Cameron

License #0617457

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,224

Year Built

  • Built in 1975

Lot Details

  • End Unit
  • West Facing Home
  • Zero Lot Line

HOA Fees

  • $715 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Block Exterior

Interior Spaces

  • 1,636 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Family Room Off Kitchen
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

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

Pool

  • Heated Pool
  • Spa

Location

  • City Lot

Schools

  • Southside Elementary School
  • Booker 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, community pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, recreational facilities, sewer, water
  • Embassy House 955 5488 Association
  • Mid-Rise Condominium
  • Embassy House Community
  • Embassy House Subdivision
  • 15-Story Property

Recreation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,224

Year Built

Built in 1975

Lot Details

0

HOA Fees

$715 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Recreational Facilities, Sewer, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1636
  • Lot Size Acres: 1.44
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 1636
  • Lot Size Sq Ft: 62864
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3954748&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3954748&cview=true&show_results=true&customer_portal=true
  • Floor Number: 4
  • Homestead Y N: Yes
  • Total Acreage: 1 to less than 2
  • Home Warranty Y N: No
  • Subdivision Num: 7327
  • Property Description: Corner Unit, End Unit, Mid Rise
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.91182
  • Price per Sq Ft: 278.12
  • Close to Original List Price Ratio: 0.86667
  • Ratio: Current Price\Building Area Total: 278.12
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Kitchen/Family Room Combo, Living Room/Dining Room Combo
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Stories: 15
  • Window Features: Blinds
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated
  • Roof: Membrane
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Water View: Bay/Harbor - Full
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Name: Embassy House 955-5488
  • Association: No
  • Condo Fees: 2145
  • Condo Fees Term: Quarterly
  • Association Fee Requirement: None

Fee Information

  • Total Annual Fees: 8580
  • Total Monthly Fees: 715

Schools

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

Lot Info

  • Zoning: DTB
  • Parcel Number: 2036032010
  • Additional Parcels: No
  • Lot Features: City Lot, Zero Lot Line
  • Millage Rate: 16.51
  • Future Land Use: 0405
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 3 Months
  • Num Timesper Year: 4
  • Pet Restrictions: Sorry, cats only. No dogs.
  • Expected Lease Date: 2012-09-28T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 5224
  • Tax Book Number: 0009/0027
  • Tax Lot: 401

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2012
Closed on
Sep 28, 2012
Sold by
Oliel Serge G and The Serge G Oliel Revocable Tr
Bought by
Myers James Wayne and Myers Mary Ellen
Seller's Agent
Scott Rickards
RE/MAX ALLIANCE GROUP
Buyer's Agent
Craig Cameron
List Price
$455,000
Sold Price
$455,000
Current Estimated Value
$1,045,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$590,849
Avg. Annual Appreciation
6.56%

Purchase Details

Closed on
Sep 4, 2007
Sold by
Bennett Fred and Bennett Margaret
Bought by
Oliel Serge G and The Serge G Oliel Revocable Tr
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
Myers James Wayne $455,000 Sunbelt Title Agency
Oliel Serge G $600,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2012 09/28/12 Sold $455,000 0.0% $278 / Sq Ft
08/13/2012 08/13/12 Pending -- -- --
01/23/2012 01/23/12 For Sale $455,000 -- $278 / 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 $11,076 $710,222 -- --
2023 $11,076 $849,100 $0 $849,100
2022 $10,360 $805,300 $0 $805,300
2021 $8,516 $533,600 $0 $533,600
2020 $8,268 $504,200 $0 $504,200
2019 $8,777 $537,600 $0 $537,600
2018 $8,077 $492,100 $0 $492,100
2017 $8,154 $492,100 $0 $492,100
2016 $8,427 $492,300 $0 $492,300
2015 $7,755 $438,900 $0 $438,900
2014 $7,123 $360,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Rickards

    Seller's Agent in 2012

    Scott Rickards

    RE/MAX

    (941) 356-7040

    66 Total Sales

    Scott Rickards
    Section Image

  • C

    Buyer's Agent in 2012

    Craig Cameron

See All Agents

About Embassy House

Map

Source: Stellar MLS

MLS Number: A3954748

Stellar MLS

APN: 2036-03-2010

Florida Sarasota County Sarasota 34236 Downtown Sarasota

770 S Palm Ave Unit 401, 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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