$885,000
SOLD FEB 17, 2014

7950 Midnight Pass Rd Sarasota, FL 34242

3 Beds
3 Baths
3,946 Sq Ft
9,917 Sq Ft Lot

Recently Sold

$224 Per Sq Ft

21% Below List Price

299 Days on Market

Highlights

  • Deeded Boat Dock
  • Oak Trees
  • Lagoon View
  • Phillippi Shores Elementary School Rated A
  • Home fronts a lagoon or estuary
  • Open Floorplan

About This Home

As of April 2021

Exquisite Siesta Key home privately set behind majestic Oaks with spectacular views over Heron Lagoon and the nature & wildlife that makes Florida so special. This wonderfully comfortable home has been constructed with the ultimate attention to detail and to current building codes. Featuring 3 bedrooms and 3 bathrooms, the home also boasts a chef's kitchen with custom cabinetry, beautiful granite countertops, stainless steel appliances, & gas cooktop. Other fine features include solid wood floors, French doors leading to spacious tiled lanai with outdoor kitchen, luxurious bathrooms with designer tile and sinks, multi-speaker sound system throughout home, lanai, and outside patio, and a 850 bottle wine cellar. The master bedroom also has French doorsleading to the lanai and offers a totally private and spectacular view of the lagoon. This home also offers a full guest suite with wonderful space including a kitchenette and private entrance. Fall in love with the views, large oak trees, and patio area leading onto your own private dock for kayaking, paddle boarding, or swimming. This is the one !

Last Agent to Sell the Property

Elaine Adair

RE/MAX ALLIANCE GROUP Brokerage Phone: 941-966-8000 License #3108496 Listed on: 03/29/2013

RE/MAX ALLIANCE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,457

Year Built

  • Built in 2002

Lot Details

  • 9,917 Sq Ft Lot
  • Home fronts a lagoon or estuary
  • East Facing Home
  • Mature Landscaping
  • Level Lot
  • Oak Trees
  • Property is zoned RSF2

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Elevated Home
  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,946 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • French Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Game Room
  • Inside Utility
  • Lagoon Views
  • Security System Leased

Kitchen

  • Eat-In Kitchen
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deeded Boat Dock
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting

Location

  • Flood Zone Lot

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

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

Community Details

  • No Home Owners Association
  • Mira Mar Beach Community
  • Mira Mar Subdivision

Listing and Financial Details

  • Legal Lot and Block 9 / B
  • Assessor Parcel Number 0127100026

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,457

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 3946
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 2002
  • Building Area Total: 5504
  • Lot Size Sq Ft: 9917
  • Directions to Property: 41 to Stickney to south on Midnight Pass Rd. house on right.
  • Status: Sold
  • Co List Office Mls Id: MFR281502349
  • Co List Office Phone: 941-966-8000
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1046728
  • RATIO Current Price By Calculate: 224.28
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Property Description: Elevated
  • MFR_DockDescription: Dock - Slip Deeded On-Site
  • Attribution Contact: 941-966-8000
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Family Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 7950
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Foyer,Game Room,Great Room,Inside Utility,Interior In-Law Suite
  • Living Area Meters: 366.60
  • Room Count: 6

Exterior Features

  • Direction Faces: East
  • Other Structures: Outdoor Kitchen
  • Exterior Features: Balcony, French Doors, Lighting, Outdoor Kitchen
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: HERON LAGOON
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Disclosures: Seller Property Disclosure
  • Water Extras YN: 0
  • Water View: Lagoon
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Gas, Public
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Natural Gas, Zoned
  • Laundry Features: Inside
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Security: Security System Leased
  • Senior Community: No
  • Association Fee Requirement: None

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0127100026
  • Additional Parcels: No
  • Lot Features: FloodZone, Level, Paved
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Future Land Use: 0820

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Expected Lease Date: 2014-02-17T00:00:00.000

Tax Info

  • Tax Annual Amount: 7457
  • Tax Block: B
  • Tax Book Number: 0001/0185
  • Tax Lot: 9

Multi Family

  • Waterfront Features: Lagoon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Apr 30, 2021
Sold by
Turner Michael L and Turner Julie Beth
Bought by
Engelmyer Steven J and Wershaw Lisa B
Seller's Agent
Robert Anderson Jr
RE/MAX ALLIANCE GROUP
Buyer's Agent
David Lehrman
THE SARASOTA REAL ESTATE COMP.
List Price
$1,299,000
Sold Price
$1,250,000
Premium/Discount to List
-$49,000
-3.77%
Current Estimated Value
$1,676,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$426,516
Avg. Annual Appreciation
6.87%
Original Mortgage
$1,000,000
Outstanding Balance
$904,833
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$771,683

Purchase Details

Listed on
Mar 29, 2013
Closed on
Feb 17, 2014
Sold by
Ferrao Anita
Bought by
Turner Michael L and Turner Julie Beth
Seller's Agent
Elaine Adair
RE/MAX ALLIANCE GROUP
List Price
$1,125,000
Sold Price
$885,000
Premium/Discount to List
-$240,000
-21.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%

Purchase Details

Closed on
Jun 18, 2011
Sold by
Luce Andrew
Bought by
Ferrao Anita

Purchase Details

Closed on
May 2, 2011
Sold by
Gallie Ian R and Gallie Beverley
Bought by
Luce Andrew and Ferrao Anita

Purchase Details

Closed on
Aug 23, 2004
Sold by
Teston Tamera
Bought by
Gallie Ian R and Gallie Beverley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2003
Sold by
Cowper Boyd H and Cowper Jocelyn J
Bought by
Teston Tamera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$674,400
Interest Rate
5.3%
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 Type Sale Price Title Company
Warranty Deed $1,250,000 Attorney
Warranty Deed $885,000 Fidelity National Title Of F
Warranty Deed -- Attorney
Warranty Deed $650,000 Attorney
Warranty Deed $910,000 Lawyers Title Insurance Corp
Warranty Deed $843,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Previous Owner $660,000 Purchase Money Mortgage
Previous Owner $674,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $1,250,000 -3.8% $507 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $1,299,000 +46.8% $527 / Sq Ft
02/17/2014 02/17/14 Sold $885,000 -21.3% $224 / Sq Ft
01/23/2014 01/23/14 Pending -- -- --
10/18/2013 10/18/13 For Sale $1,125,000 +27.1% $285 / Sq Ft
10/11/2013 10/11/13 Off Market $885,000 -- --
03/29/2013 03/29/13 For Sale $1,250,000 -- $317 / 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 $18,472 $1,527,661 -- --
2023 $18,472 $1,657,700 $594,500 $1,063,200
2022 $15,266 $1,234,100 $438,200 $795,900
2021 $9,903 $790,977 $0 $0
2020 $10,176 $780,056 $0 $0
2019 $9,542 $737,200 $282,000 $455,200
2018 $9,952 $772,900 $339,800 $433,100
2017 $10,004 $776,559 $0 $0
2016 $9,981 $771,200 $323,100 $448,100
2015 $10,169 $755,300 $301,400 $453,900
2014 $7,658 $555,079 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3975852

Stellar MLS

APN: 0127-10-0026