Seller's Agent in 2023
Robert Anderson Jr
RE/MAX
(941) 320-6115
20 in this area
71 Total Sales
8377 Midnight Pass Rd Sarasota, FL 34242
Estimated Value: $2,527,175 - $3,639,000
4
Beds
3
Baths
3,777
Sq Ft
$758/Sq Ft
Est. Value
Highlights
- 150 Feet of Waterfront
- White Water Ocean Views
- Boat Lift
- Phillippi Shores Elementary School Rated A
- Access To Intracoastal Waterway
- Oak Trees
About This Home
As of July 2023Under contract-accepting backup offers. SIESTA KEY ~ STUNNING SINGLE FAMILY HOME ~ PANORAMIC BAY VIEWS WITH A NEW DOCK SYSTEM ~ BAY / INTERCOSTAL / GULF ACCESS ~ NEW POOL PLANS PART OF PHOTOS ~ METICULOUS CONDITION ~ VERY PRIVATE & GATED ~ OWNER FINANCING AVAILABLE!
It's early morning on “Siesta Key”, you are finally sitting at the back porch of your new Siesta home watching the sunrise & wildlife over “Little Sarasota Bay”. As you imagined; this new home really has all you dreamed as you begin your much awaited and planned “Siesta Key Island Living”. Way too much to list here, your home situated on the south part of Siesta Key (quite / private) has features and benefits you agree truly stand out; gated property entry from the main street (drive easement shared with property to the north), a new private dock for your boat / jet skis / kayaks, “Grand Cypress” entry doors, immediate panoramic bay views, an open floor plan (living / dining / kitchen), master suite; upstairs or down (possible office use in one of the same spaces), extra-large / tall glass pocket sliders capturing all the water views and providing true indoor / outdoor living, solid doors and hardware throughout, high ceilings, kitchen custom cabinetry that tastefully enclose a large Sub Zero Refrigerator / Freezer, other upgraded appliances including but not limited to Bosch / Gaggenau / Dacor, the upstairs master suite boasts a private outdoor balcony (water, sunrise and wildlife views abound), the first floor outdoor space includes but is not limited to a perfectly situated spa to enjoy the mature oaks that preface and enhance the water views of the bay, an oversized garage with oversized entry doors & storage, newly painted exterior, an elevator shaft that is currently being used as closet and can be converted when the time is right, location location location you really enjoy the proximity to all of the beach choices; Siesta / Crescent / Turtle and access to the “Siesta South Bridge” for shopping. You are truly home and you love it!
Last Agent to Sell the Property
RE/MAX ALLIANCE GROUP License #3054681 Listed on: 02/07/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,035
Year Built
- Built in 2001
Lot Details
- 0.29 Acre Lot
- Lot Dimensions are 70x245
- 150 Feet of Waterfront
- 75 Feet of Bay Harbor Waterfront
- 75 Feet of Intracoastal Waterfront
- Property fronts an intracoastal waterway
- Southwest Facing Home
- Dog Run
- Stone Wall
- Board Fence
- Mature Landscaping
- Private Lot
- Oversized Lot
- Level Lot
- Irregular Lot
- Well Sprinkler System
- Street paved with bricks
- Oak Trees
- Garden
- Property is zoned RE2
Parking
- 2 Car Attached Garage
- Electric Vehicle Home Charger
- Garage Door Opener
- Driveway
- Secured Garage or Parking
- Deeded Parking
Property Views
- White Water Ocean
- Intracoastal
- Woods
Home Design
- Custom Home
- Coastal Architecture
- Traditional Architecture
- Mediterranean Architecture
- Elevated Home
- Brick Exterior Construction
- Block Foundation
- Stem Wall Foundation
- Tile Roof
- Concrete Siding
- Block Exterior
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 3,777 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Wet Bar
- Built-In Features
- Shelving
- Crown Molding
- Tray Ceiling
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Shade Shutters
- Blinds
- Rods
- French Doors
- Sliding Doors
- Family Room with Fireplace
- Great Room
- Family Room Off Kitchen
- Living Room with Fireplace
- Breakfast Room
- Formal Dining Room
- Den
- Storage Room
Kitchen
- Eat-In Kitchen
- Convection Oven
- Cooktop with Range Hood
- Recirculated Exhaust Fan
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Wine Refrigerator
- Stone Countertops
- Solid Wood Cabinet
Flooring
- Wood
- Carpet
- Travertine
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Primary Bedroom Upstairs
- Split Bedroom Floorplan
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Security System Owned
- Security Lights
- Security Gate
- Hurricane or Storm Shutters
- Fire and Smoke Detector
Eco-Friendly Details
- Energy-Efficient Windows
- Energy-Efficient Thermostat
Pool
- Outdoor Shower
- Heated Spa
- In Ground Spa
Outdoor Features
- Access To Intracoastal Waterway
- Fishing Pier
- Access to Bay or Harbor
- Property is near a marina
- Dock has access to water
- Rip-Rap
- Boat Lift
- Dock made with Composite Material
- Balcony
- Deck
- Enclosed Patio or Porch
- Exterior Lighting
- Separate Outdoor Workshop
- Outdoor Storage
- Rain Gutters
- Private Mailbox
Location
- Flood Zone Lot
- Flood Insurance May Be Required
- Property is near public transit
Schools
- Phillippi Shores Elementary School
- Brookside Middle School
- Sarasota High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Humidity Control
- Heat Pump System
- Thermostat
- Underground Utilities
- Natural Gas Connected
- Water Filtration System
- 1 Water Well
- Tankless Water Heater
- Gas Water Heater
- Fiber Optics Available
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 27 / A
- Assessor Parcel Number 0128070025
Community Details
Overview
- No Home Owners Association
- Visit Association Website
- Ocean View Community
- Ocean View Subdivision
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 7, 2023
Closed on
Jul 25, 2023
Sold by
Louis Colosimo Revocable Trust and Colosimo Louis
Bought by
Martellucci Thomas and Martellucci Karen
Seller's Agent
Robert Anderson Jr
RE/MAX ALLIANCE GROUP
Buyer's Agent
Karen Whitaker
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$3,599,000
Sold Price
$2,900,000
Premium/Discount to List
-$699,000
-19.42%
Views
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,456
Avg. Annual Appreciation
-0.59%
Purchase Details
Closed on
Jun 27, 2022
Sold by
Louis Colosimo
Bought by
Louis Colosimo Revocable Trust
Purchase Details
Listed on
Aug 31, 2020
Closed on
Dec 28, 2020
Sold by
Hawlett Sherill M and Hawlett Louis M
Bought by
Colosimo Louis A
Seller's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Robert Anderson Jr
RE/MAX ALLIANCE GROUP
List Price
$2,000,000
Sold Price
$1,850,000
Premium/Discount to List
-$150,000
-7.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.58%
Original Mortgage
$1,200,000
Interest Rate
2.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 19, 2020
Sold by
Hewlett Louis M and Hewlett Sherill M
Bought by
Hewlett Louis M and Hewlett Sherill M
Purchase Details
Closed on
Jul 28, 2003
Sold by
Hewlett Louis M and Hewlett Hsherill M
Bought by
Hewlett Louis M
Purchase Details
Closed on
May 14, 1999
Sold by
Harris Albert and Harris Marlene
Bought by
Hewlett Louis M and Hewlett Sherill M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.98%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Martellucci Thomas | $2,900,000 | None Listed On Document | |
| Louis Colosimo Revocable Trust | -- | None Listed On Document | |
| Colosimo Louis A | $1,850,000 | Attorney | |
| Hewlett Louis M | -- | Attorney | |
| Hewlett Louis M | -- | -- | |
| Hewlett Louis M | $240,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Colosimo Louis A | $1,200,000 | |
| Previous Owner | Hewlett Louis M | $220,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2023 07/25/23 | Sold | $2,900,000 | -9.3% | $768 / Sq Ft |
| 06/27/2023 06/27/23 | Pending | -- | -- | -- |
| 05/30/2023 05/30/23 | Price Changed | $3,199,000 | -11.1% | $847 / Sq Ft |
| 02/07/2023 02/07/23 | For Sale | $3,599,000 | +94.5% | $953 / Sq Ft |
| 12/28/2020 12/28/20 | Sold | $1,850,000 | -7.5% | $490 / Sq Ft |
| 11/16/2020 11/16/20 | Pending | -- | -- | -- |
| 08/31/2020 08/31/20 | For Sale | $2,000,000 | -- | $530 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $20,678 | $2,383,100 | $1,427,800 | $955,300 |
| 2023 | $20,678 | $1,746,281 | $0 | $0 |
| 2022 | $19,959 | $1,674,059 | $0 | $0 |
| 2021 | $20,035 | $1,625,300 | $986,500 | $638,800 |
| 2020 | $13,865 | $1,096,533 | $0 | $0 |
| 2019 | $13,472 | $1,071,880 | $0 | $0 |
| 2018 | $13,228 | $1,051,894 | $0 | $0 |
| 2017 | $13,180 | $1,030,259 | $0 | $0 |
| 2016 | $13,197 | $1,357,000 | $812,300 | $544,700 |
| 2015 | $13,450 | $1,207,000 | $657,400 | $549,600 |
| 2014 | $13,407 | $979,411 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Anderson Jr
-
Karen Whitaker
Buyer's Agent in 2023
Karen Whitaker
PREMIER SOTHEBY'S INTERNATIONAL REALTY
(941) 724-6969
11 in this area
20 Total Sales
-
Ian Addy, PA
Seller's Agent in 2020
Ian Addy, PA
Michael Saunders
(941) 961-8850
6 in this area
114 Total Sales
Map
Source: Stellar MLS
MLS Number: A4559970
APN: 0128-07-0025
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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