NOT LISTED FOR SALE

Embassy House 770 S Palm Ave Unit 602 Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $828,000 - $917,000

2 Beds
2 Baths
1,408 Sq Ft
$717/mo HOA Fee

Last Sold March 30, 2012

Last sale price $405,000 $288 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $5,868/month

10 Days on Market

Highlights

  • Marina View
  • Property fronts an intracoastal waterway
  • Heated Indoor Pool
  • Southside Elementary School Rated A
  • Fitness Center
  • Sauna

About This Home

As of March 2012

Spectacular direct bay views with sailboats and sunsets! Lowest priced unit in building. Enjoy sunrise from the bedrooms and sunsets from the main living areas. Expanded living room, updated kitchen and flooring in 2009 and 2010. Semi-private elevator foyer shared by only one other unit. Washer and dryer maintained and replaced by association is shared with only one other unit whose owner is rarely there. Association also maintains and replaces air conditioning and heating system. HOA fees include phone, cable and high speed internet. Well managed building with fully funded reserves. On-site manager. Building has recently renovated pool, recreation room and lobby. Pool baths to be done soon. Close to fine dining, theaters, bay front, Marina Jacks and shopping. A wonderful vertical neighborhood. Cats only. Sorry, no dogs. Floor plan part of mls attachments

Last Agent to Sell the Property

Pam Sweeney

MICHAEL SAUNDERS & COMPANY License #0700690 Listed on: 02/16/2012

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Sara Boudarga

HB REALTY GROUP INC. License #0669203

HB REALTY GROUP INC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,455

Year Built

  • Built in 1975

Lot Details

  • West Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees

HOA Fees

  • $717 Monthly HOA Fees

Property Views

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,408 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Sauna
  • Washer

Kitchen

  • Oven
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Home Security

Parking

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

Accessible Home Design

  • Handicap Modified

Pool

  • Heated Indoor Pool
  • Spa
  • Outdoor Shower

Location

  • Property is near public transit
  • City Lot

Schools

  • Southside Elementary School
  • Booker Middle School
  • Sarasota High School

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, maintenance structure, ground maintenance, manager, pest control, recreational facilities, security, sewer, trash, water
  • 68 Units
  • Embassy House 941 955 5488 Association
  • High-Rise Condominium
  • Embassy House Community
  • Embassy House Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • 18-Story Property

Recreation

Pet Policy

  • Pets Allowed
  • 2 Pets Allowed

Additional Features

  • Fire and Smoke Detector
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,455

Year Built

Built in 1975

Lot Details

0

HOA Fees

$717 per month

Listing Details

  • HOA Fee Includes: Cable TV, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1408
  • New Construction: No
  • Year Built: 1975
  • Accessibility Features: Handicap Modified
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3947204&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3947204&cview=true&show_results=true&customer_portal=true
  • Floor Number: 6
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: Non-Applicable
  • Home Warranty Y N: No
  • Subdivision Num: 7327
  • Property Description: High Rise
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.93103
  • Price per Sq Ft: 287.64
  • Close to Original List Price Ratio: 0.93103
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2011
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator, Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Microwave Hood, Oven, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Stories: 18
  • Window Features: Blinds, Window Treatments
  • Room Count: 6
  • Additional Rooms: Formal Dining Room Separate, Formal Living Room Separate, Great Room
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated, Indoor
  • Exterior Features: Irrigation System, Outdoor Shower, Sauna, Sliding Doors
  • Roof: Membrane
  • Pool Private: No
  • View: Water
  • Water Body Name: Sarasota Intercoastal
  • Waterfront: Yes
  • Water View: Gulf/Ocean - Partial, Intracoastal Waterway, Marina
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, 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, Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Fitness, Pool, Waterfront Complex
  • Association Amenities: Elevator(s), Fitness Center, Maintenance
  • Association Fee: 2150
  • Association Fee Frequency: Quarterly
  • Association Name: Embassy House 941-955-5488
  • Association: Yes
  • Security: Smoke Detector(s)
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 8600
  • Total Monthly Fees: 716.67

Schools

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

Lot Info

  • Zoning: DTB
  • Parcel Number: 2036032019
  • Additional Parcels: No
  • Lot Features: City Lot, Near Public Transit, Sidewalk
  • 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: Cats only, No dogs
  • Expected Lease Date: 2012-03-30T04:00:00.000Z

Multi Family

  • Number Of Units Total: 68
  • Waterfront Features: Intracoastal Waterway

Tax Info

  • Tax Annual Amount: 4455
  • Tax Book Number: 0009/0027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2012
Closed on
Mar 30, 2012
Sold by
Sweeney Pamela J
Bought by
Dana Dan and Dana Susan
Seller's Agent
Pam Sweeney
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Sara Boudarga
HB REALTY GROUP INC.
List Price
$405,000
Sold Price
$405,000
Current Estimated Value
$877,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$472,994
Avg. Annual Appreciation
5.86%
Original Mortgage
$324,000
Outstanding Balance
$218,007
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$659,987

Purchase Details

Closed on
Nov 15, 2007
Sold by
Sweeney Thomas E and Sweeney Pamela J
Bought by
Sweeney Pamela J

Purchase Details

Closed on
Nov 10, 2005
Sold by
Georgopoulos George D and Rosen Louis A
Bought by
Sweeney Thomas E and Sweeey Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
5.84%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 27, 2000
Sold by
Walsh Leedom Florence Aman and Walsh Dunne Mary
Bought by
Gavin J Thomas and Gavin Mary P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.63%
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
Dana Dan $405,000 Attorney
Sweeney Pamela J -- Attorney
Sweeney Thomas E $675,000 --
Gavin J Thomas $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dana Dan $324,000
Previous Owner Sweeney Thomas E $375,000
Previous Owner Gavin J Thomas $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2012 03/30/12 Sold $405,000 0.0% $288 / Sq Ft
02/27/2012 02/27/12 Pending -- -- --
02/16/2012 02/16/12 For Sale $405,000 -- $288 / 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 $6,561 $479,079 -- --
2023 $6,561 $465,125 $0 $0
2022 $6,376 $451,578 $0 $0
2021 $6,418 $438,425 $0 $0
2020 $6,487 $432,372 $0 $0
2019 $6,315 $422,651 $0 $0
2018 $4,954 $336,165 $0 $0
2017 $4,893 $329,251 $0 $0
2016 $5,039 $426,900 $0 $426,900
2015 $5,111 $380,600 $0 $380,600
2014 $5,103 $313,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pam Sweeney

    Seller's Agent in 2012

    Pam Sweeney

    Michael Saunders

    (941) 951-6660

    11 in this area

    43 Total Sales

    Pam Sweeney
    Section Image
  • Sara Boudarga

    Buyer's Agent in 2012

    Sara Boudarga

    HB REALTY GROUP INC.

    (941) 321-6352

    9 in this area

    87 Total Sales

    Sara Boudarga
    Section Image

  • D

    Buyer Co-Listing Agent in 2012

    Debbie Gonzalez

    RANCH REALTY

    (941) 504-9383

    2 in this area

    12 Total Sales

    Debbie Gonzalez
    Section Image
See All Agents

About Embassy House

Map

Source: Stellar MLS

MLS Number: A3956060

Stellar MLS

APN: 2036-03-2019

Florida Sarasota County Sarasota 34236 Downtown Sarasota

770 S Palm Ave Unit 602, 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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