NOT LISTED FOR SALE

8319 Midnight Pass Rd Sarasota, FL 34242

Estimated Value: $3,804,111 - $5,622,000

4 Beds
4.5 Baths
6,636 Sq Ft
$718/Sq Ft Est. Value

Last Sold September 12, 2019

Last sale price $2,750,000 $414 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $27,511/month

795 Days on Market

Highlights

  • 51 Feet of Waterfront
  • White Water Ocean Views
  • Access to Bay or Harbor
  • Phillippi Shores Elementary School Rated A
  • Dock made with wood
  • Private Pool

About This Home

As of September 2019

A home on Siesta Key, this is what people up North only dream of when the winter weather hits! Acknowledged as one of the best beaches in the country, Siesta Key is truly the place to be. The home is situated directly on Sarasota Bay & offers gracious living at its finest. Recognized in 2015 as the Jewel on the Bay, this home has been meticulously renovated over the past several years. Private & secluded, this gated estate is tucked away behind mature & lush landscaping creating your own personal retreat. Over 6,600 sq. ft. of living space, offering 4 bedrooms, 4 full bathrooms & 1 half baths, overlooking the beautiful waters of the bay. Entering the home, you are greeted by a stunning double door entry, custom made with glass accents, a soaring 25’ ceiling & gorgeous chandelier. Enjoy the very best of entertaining, indoors & out, with wonderful flow & many terraces, all taking in the expansive views. A superior Chef's kitchen offers stainless steel appliances, sleek Italian custom cabinetry, stylishly designed it will evoke your culinary artistry. The living room features a fireplace for the rare, cooler winter evenings, or relax on the terrace looking out over the pool area & the stunning views beyond. The master suite with private balcony & oversized windows is truly superior to what a five-star hotel may offer. Each guest suite has soaring ceilings & elegant baths. This fabulous floor plan offers great spaces for large family gatherings & intimate rooms to tuck away with a book.

Last Agent to Sell the Property

Nora Johnson

MICHAEL SAUNDERS & COMPANY License #0683885 Listed on: 04/17/2017

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Klaus Lang

MICHAEL SAUNDERS & COMPANY License #0641811

Last Buyer's Agent

Jacody Swor

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3301773

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,955

Year Built

  • Built in 2000

Lot Details

  • 0.29 Acre Lot
  • 51 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • West Facing Home
  • Mature Landscaping
  • Landscaped with Trees
  • Property is zoned RSF2

Parking

  • 5 Car Attached Garage

Home Design

  • Tri-Level Property
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 6,636 Sq Ft Home
  • Elevator
  • Open Floorplan
  • Built-In Features
  • Bar Fridge
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Breakfast Room
  • White Water Ocean Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • Private Pool
  • Access to Bay or Harbor
  • Dock made with wood
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Ocean Sands Community
  • Ocean View Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,955

Year Built

Built in 2000

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 6636
  • Lot Size Acres: 0.29
  • New Construction: No
  • Year Built: 2000
  • Building Area Total: 9121
  • Lot Size Sq Ft: 12461
  • Directions to Property: Take Stickney Point Road south on Midnight Pass about 2 miles - 8319 will be on your left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4184004&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4184004&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.91973
  • Price per Sq Ft: 414.41
  • Close to Original List Price Ratio: 0.78684
  • Ratio: Current Price\Building Area Total: 301.5
  • View: Yes
  • Co List Office Mls Id: 281502004
  • Co List Office Phone: 941-383-7591
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room, Living Room
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Elevator, High Ceiling(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Bar Fridge, Built-In Oven, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Freezer, Microwave, Oven, Range, Range Hood, Refrigerator, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Window Features: Blinds
  • Street Number Modifier: 8319
  • Room Count: 6
  • Additional Rooms: Breakfast Room Separate, Great Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony, Lighting, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Water View: Bay/Harbor - Full
  • Water Access: Bay/Harbor
  • Water Extras: Dock - Wood
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0207F
  • Waterfront Frontage: 51
  • Water Frontage Feet Bay Harbor: 51

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 5
  • Garage Yn: Yes
  • Covered Parking Spaces: 5
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: None

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0128070016
  • Additional Parcels: No
  • Lot Features: In County
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 28955
  • Tax Block: A
  • Tax Book Number: 2-32
  • Tax Lot: 19

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2017
Closed on
Sep 12, 2019
Sold by
Maxfield Thomas P
Bought by
Cohen Amber and Cohen Scott
Seller's Agent
Nora Johnson
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Jacody Swor
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$3,495,000
Sold Price
$2,750,000
Premium/Discount to List
-$745,000
-21.32%
Current Estimated Value
$4,765,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,015,278
Avg. Annual Appreciation
9.50%
Original Mortgage
$2,337,500
Outstanding Balance
$2,047,468
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$2,717,810

Purchase Details

Closed on
Jun 29, 2016
Sold by
Maxfield Thomas P and Maxfield Jocelyn
Bought by
Maxfield Thomas P

Purchase Details

Closed on
Oct 20, 2000
Sold by
Ngai Anthony K and Phillips Jacqueline M
Bought by
Maxfield Thomas P and Maxfield Jocelyn

Purchase Details

Closed on
Apr 6, 1999
Sold by
Preston Blair
Bought by
Ngai Anthony K and Phillips Jacqueline M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,000
Interest Rate
6.85%
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
Cohen Amber $2,750,000 Attorney
Maxfield Thomas P -- None Available
Maxfield Thomas P $2,080,000 --
Ngai Anthony K $376,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cohen Amber $2,337,500
Previous Owner Ngai Anthony K $282,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2019 09/12/19 Sold $2,750,000 -8.0% $414 / Sq Ft
06/22/2019 06/22/19 Pending -- -- --
03/28/2019 03/28/19 Price Changed $2,990,000 -9.3% $451 / Sq Ft
01/31/2019 01/31/19 Price Changed $3,295,000 -5.7% $497 / Sq Ft
04/17/2017 04/17/17 For Sale $3,495,000 -- $527 / 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 $26,949 $2,302,731 -- --
2023 $26,949 $2,235,661 $0 $0
2022 $26,320 $2,170,545 $0 $0
2021 $26,205 $2,107,325 $0 $0
2020 $25,891 $2,037,500 $704,900 $1,332,600
2019 $26,025 $2,023,700 $570,800 $1,452,900
2018 $28,956 $2,256,000 $842,800 $1,413,200
2017 $31,136 $2,388,500 $842,800 $1,545,700
2016 $31,213 $2,347,300 $833,500 $1,513,800
2015 $28,050 $2,047,200 $708,500 $1,338,700
2014 $30,352 $2,220,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4184004

Stellar MLS

APN: 0128-07-0016